Missed Fortune – Changing the Way We Think About Growth

Linear vs. Exponential Growth Imagine that you have a piece of regular copy paper. Picture folding it in half and then folding in in half once more time. Now imagine that we could fold this sheet of paper in half another 48 times. How thick do you suppose that piece of copy paper would be…

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Are You Aware of the $25,000 Mistake Being Made By Millions of Americans?

In life, those who fare better aren’t just those who make all the right choices, they’re the ones adept at learning from mistakes. But what if we aren’t even aware of our mistakes? Throughout my more than 40 years working with some of the most successful professionals, I have discovered something simple yet true: no…

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Missed Fortune – Prosper On the Path the Crowd Doesn’t Follow

Are We Building Debt or Retirement Savings? A recent eye-opening article on Zero Hedge may come as a shocker for people who are nearing retirement. The article by Tyler Durden reveals that over the past couple of years, nearly 60% of individuals participating in 401(k)s have stacked up more personal debt than they have retirement…

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Financial Independence – Stop Following the Crowd

When it comes to your personal financial planning, following the herd often doesn’t pay. There are safer, smarter, quicker ways to achieve the goal of financial independence. A few years ago, I started to take quarterly trips to Chicago for a program called Strategic Coach. My first three trips there, I would arrive at baggage…

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Missed Fortune – Finding Opportunities In Challenges

The Malibu Rock We’ve all heard the questions of whether we’re an optimist or a pessimist. Sometimes we’re asked whether we see the glass as half full or half empty. But it’s possible that there’s more to this than simply positive or negative attitude. What if the answer we give had more to do with…

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The Blame Game May Be Costing You Fortunes

[fve]http://youtu.be/EDbTH9bOd9o[/fve] Have you noticed it’s not necessarily that we fail, but what we do when we fail that can make all the difference? Dr. Edwards Deming, the renowned 20th century statistician, professor, author, and consultant, taught that people often choose to operate in zones of blame, shame or justification, which he said was an absolute…

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Missed Fortune – Time to Stop Following the Crowd

Why We Should Redefine Ourselves A recent article by Tyler Durden has some stunning news for people thinking about retirement. The article points out that over the past couple of years, roughly 60% of 401(k) participants have accumulated more personal debt than they have retirement savings. What this means is that the average person defers…

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See the Opportunity in the Challenge, Rather than the Challenge in the Opportunity

[fve]http://youtu.be/2WXhT1V2ppw[/fve] I want to share how to change what the world views as threats and turn them into your golden opportunities.   A good friend of mine, Richard Rossi, says that when there’s anxiety in the world, that spells opportunity. One of my favorite stories to illustrate this is that of the Malibu Rock. Back…

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Missed Fortune – Learning to Live Above the Line

The Two Dollar Rule All of us encounter failure from time to time, but it’s what we do after we’ve failed that counts. Do we start looking for ways to justify our mistakes? Do we blame others? Or are we proactive and willing to take responsibility and learn from our errors? How we answer these…

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Missed Fortune – Finding Your Defining Moments

Life’s Defining Moments The biggest problem that we have right now in America is the massive national debt. Our government incurs $3.6 billion in new debt every single day. That’s $150 million every hour or $2.5 million per minute. We cannot keep sustaining this level of spending. Government has been covering this by printing money…

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