Timing, Vison, and Massive Action work Miracles
“Knowledge, uninvested in labor, is wasted.”
- Jim Rohn
When an extraordinarily successful and wealthy individual like
Bill Gates of Microsoft credits his fortune to a strategy of Timing,
Vision, and Massive Action, maybe we should listen.
Timing in life is important, as anyone who has ever run a red light
at 60 miles an hour and is still alive can attest. Did you buy or
sell the NASDAQ at 5,000? Proper understanding of business cycles
and the economy will obviously significantly impact your results.
Vision suggests that opportunity is everywhere, but some opportunities
are better than others. A disruptive product or service that contributes
positively to a significant portion of the population obviously
packs more punch than one that appeals to only a few.
Massive action is the key ingredient that works miracles. A good
idea, at the right time, will die stillborn because of a lack of
faith or commitment. If you get the ball, run with it: in the right
Apply This Concept
Have you ever had a good idea but failed to act on it? Why? Get
in the habit of jotting down your ideas in a place where you can
easily find them, and review your thoughts regularly. Evaluate these
ideas, and relate their potential according to your intuition and
to the laws of wealth we have presented. Learn to differentiate
between a trend and a fad. Fads come and go, but trends last longer.
It is important that you realistically estimate how long a trend
may last. As our friend momentum reminds us, go with the flow. In
business and investing, timing is everything. Don't be afraid to
start small, then pyramid your success as your understanding and
sophistication grow. Is there any limit to the amount of times you