Maslow’s hierarchy of needsFocus on the right things. Focus on what you can control…see the serenity prayer. Safe/low-risk guide to financial freedom and eventual wealth. This may be slower than using other people’s money (OPM, as Robert Kiyosaki says), but far less risky. More people should be on the Dave Ramsey plan. Believe in your potential, take action, get desired results, and repeat. It takes a lot of hard work to reap the benefits of your innovation, but when you do, it can be life-changing. Be the hero of your own adventure. The Hero’s Journey…our favorite stories include this, but this is how life works too. Be the hero of your own journey/adventure. Excellence chart…almost nobody wants to be at the bottom (complacency, often viewed as laziness), but most people stop when they get to competence. If you want to be world class, you have to keep going. Compound interest on marginal gains…there is no “staying the same.” You’re either incrementally improving or incrementally declining. Aggregation of marginal gains…are you getting a little better or a little worse each day? What does this mean for your long term future?Compound interest chart…notice the principle (what you paid) versus the interest earned on the principle and then the interest earned on the earnings. Types of investmentsHow do you choose to invest?Choosing a mutual fund versus an ETFRisk scale of investmentsS.M.A.R.T. Goals
