If you don't design your own
life plan,
chances are
you'll fall into someone else's
plan. And guess what they have
planned for you?
Not much.
You see, I believe it is extremely
important that you have
a five-year plan,
a three-year plan,
and a one-year plan,
and then also,
let's say a monthly plan.
See,
and this is where most people
over estimate what they can
accomplish within a few months,
and they completely underestimate
what they can do in five years.
So, let me ask you this.
Do you currently have a five-year
plan?
I can tell you this, I have
a five-year plan.
I've always had five-year plans.
You see, in fact, I personally used
to have 10-year plans,
but then I realized that I'm hitting my 10
year plans within five years
and so, I shorten my horizon anyhow
and made it five years.
But you see, you need to have an end goal.
This is what your dream
life... right? I mean,
what should your life be about when you
wake up in the morning,
right?
And what time do you wake up?
Do you wake up at 9
o'clock in the morning
or are you a morning person who wakes up early?
And then think about it.
What would your life be like
if you didn't have to go
to work? What would it be like if in the morning
you wake up and say,
"Wow!
I wonder what should I do today?"
With whom would you have breakfast with?
What would be your morning routine
in the morning? Would you stay in bed
and read a little bit?
Or are you one of these people who are
jumping out of bed,
getting excited,
doing some exercising,
enjoying the brisk morning
sun or whatever it might be
for you, right?
The important thing, you've got to have a five
or a 10-year plan
and think about this,
you are interested in trading,
right? So, let's say that you figure
it out on how to make money
with trading within the next
three to six months.
So, this means that in five years
from now, you should be financially independent.
And what will your life look like
when you are.
So, that's very important because
if you don't design your own plan,
chances are that you'll fall into
somebody else's plan
and guess what they have planned
for you?
Not much.
In fact, I have one more
quote for you that that fits right
in with this because I really
want you to go
on and do all
you can with your life.
It's your place in the world.
It's your life,
right? Make it the life
you want to live.
This is the important thing.
Now once you have your five-year
goal,
I want you to go back
and then think about...
OK. What do I have to accomplish
this year
to make the five-year goal the reality?
If it is trading,
where you say you know what?
I want to make sure that by the
end of the year,
I am successfully growing
my trading account.
Great. So,
what do you have to do this month?
What do you have to do this quarter?
Go backwards.
This is actually one of the things
that was extremely
helpful for me.
You see, I think it's a concept
from the military.
They like to use this backwards
planning where they say,
OK.
What is our mission?
What is our overall goal?
And then let's get back to
until we find the very
next step that we need to do.
And I want you to do the same.
I'm doing it for me personally.
I know where I want to be in five years.
I know where I want to be in three
years from now. I know exactly
where I want to be at the end of the year,
and I know what I need to accomplish
this quarter,
this month, and even this
week to make this
a reality.
I want to leave you with this thought.
Make sure if you don't design
your own life plan,
chances are you'll fall into someone
else's plan and guess what they have planned
for you?
Not much.
And also go on
and do all you can
with it.
And when I say "it",
I mean your life because it's your
place in the world.
It's your life.
Make it the life that you
want to live.
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and let me know what you think.
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