What do you do when others say you can't do it?
That's where we're going to talk about today in Coffee with Markus.
Let's get started.
Has anybody ever told you you can't do it?
I don't know.
Maybe your teacher at school. Maybe it was somebody at home.
Maybe it is a co-worker.
Has this ever happened to you?
This weekend I attended a high level Mastermind.
It was in Florida.
So there were people like Kevin Harrington.
The original "Shark Tank".
Other multimillionaires in the room.
And so there was one lady who said, you know what -
I have this great business idea.
But somebody told me you can do this.
In fact she said there were several people who told me you can do it.
Trust me, I have heard it often enough.
Because yes in 2002, I left Germany to come to the U.S. to become a full time trader.
What do you think?
How many people told me you can't do this?
Then I started investing in real estate, with very limited experience.
And so many people told me, Oh you can't do this.
You can't make money with real estate.
You can't make money with trading.
So what do you do when this happens to you?
Here's what I do.
I'm going to prove them wrong.
Absolutely!
You see this is my motivation.
I decide what I can do and what I can't do.
I'm an adult.
You see if I want to eat chocolate for dinner, I can do it.
These days, I don't let anybody tell me you can't do it.
I do what I want.
I mean within reason - it doesn't have to harm others obviously - but I'm going for it.
And it gives me great satisfaction if I can prove others wrong.
And you know what?
This is where I have the determination.
We talked about it often enough in Coffee with Markus - you've got to have a strong motivation.
When I left my job at IBM, I did have a strong motivation to become a trader.
Because I didn't want to be stuck in the corporate world.
I didn't want to work 60, 70, 80, hours for somebody else.
My motivation was that I wanted to be my own boss.
I wanted to have time for myself.
I wanted to have time for my family.
And yes, I wanted to get rich.
That is my motivation.
And of course there's always people around you who say you can't do it.
But you know what?
When they tell you you can't do it, it is basically showing you their limitations not yours.
Somebody telling you you can't do it is showing you their limitations not yours.
You got to have a strong motivation and this is what I say to the naysayers.
You know what?
I smile at them.
I nod, and I think to myself, I'm going to prove you wrong.
Now sometimes, I do it and prove them wrong. And sometimes yes, it doesn't work out.
But you know what, if you never try, you'll never know.
And that is my motto.
I'll try it.
Yes.
This is why I did it.
I tried making money with trading - and it worked.
Yes I tried making money with real estate.
And it worked.
Yes, I did set up an education business Rockwell Trading.
And this was during a time when it was really challenging.
And everybody said, Oh my gosh you can't do it.
And it worked.
Now again, there are areas in my life where I've tried things that did not work.
Yes.
In trading, I tried a few things that did not work.
As an example, I cannot read chart patterns.
I love trading with indicators.
This is what helps me. Indicators are black and white.
And this is how I personally trade. Anyhow so that's my advice to you.
Whenever you hear -
You can't do it.
Smile, nod, and then think in your head and say, I'm going to prove you wrong.
Because you should have a strong motivation. An unshakable confidence - in yourself, in your abilities.
And you know what, if you never try, you'll never know.
Give it a shot!
Do your best! And more often than not, you can do it.
Alright!
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