Life Lessons #2

If you're anything like me then the things you have learned the most from probably came out of the mistakes you've made. So let's take a little time together to reflect on these lessons and to profit from them.



Looking back over your life, what are the three most important lessons you've learned? You can focus this question on your life as a whole, on your business, on your investing, or any specific area of your life you choose.


Here's a few of my top life lessons: Most things end, often unexpectedly, so savor them now. Enjoy them now. Appreciate them now. Take more photographs; write more blogs. Keep reminding myself to truly savor my life right now.


Also, I am incredibly resilient. I can handle just about anything with God's help and my wifes support so let go of my worries and anxieties. I cannot control life but I can move gracefully through it. We are willing to start over again and if that is all that happens and you have your health and family, then it doesn't seem so bad.


What are some of your top life lessons?



Here are a few of my top business lessons: With the right "partners" anything is possible and easy. Partners may be team members, they may be joint venture partners, they may be advisors or mentors, or they may be actual partners. With the right people doors open, markets move, and value is easy to create and capitalize on.


Document, document, document! Most rough business moments could have been avoided by clarifying relationships and responsibilities better in writing. When in doubt, spell it out!


In the world of investing, here are some of my top lessons!


Value my cash more. When I have a lot of it I tend to discount its real worth. But it is precious, so spend it only when I am getting an incredible value.
Evaluate my investments against my written criteria, and run key investments past my advisors to have them make sure I am making my choices from my best and highest self, not from my greedy, "there's so much money to be made in this move" nor from my "I have to invest now or I'll lose out" selves.


Remember, you've already made your mistakes and paid for them. But by turning them into key lessons to guide your future behavior you transform the price you paid in your past into an investment that will yield huge payoffs for you--again and again.