Today, we're going to talk about my "biggest regrets in life".
stay tuned.
Welcome to Coffee with Markus
so today, will be a very personal video message to you
because today, I wanna talk about my biggest regret in life.
Now. first of all, let's talk about my life.
I mean right now, I'm loving my life I'm right now 48 years old.
as you know, I am a multi millionaire.
I'm pretty confident that by the end of this year, my net worth will exceeds 10 million dollars.
so I'm not quite there yet but almost there so I mean, when you're 48 and having net worth of 10 million dollars
doesn't sound bad at all, right?
also, I can do what I wanna do. I don't have a job, as you know, I trade,
I speak to traders, I invest in real estate so I'm spending a lot of time with my kids
so everything looks great! Doesn't It? So what is my biggest regrets?
and it's one that many people have I'm pretty sure I'm not the only one.
My biggest regret is that I didn't "Start Earlier" then I didn't take action earlier.
So let's go back in time, I went to high school in
Germany and after this, my parents
convinced me to go to College.
I don't know if going to College is the best idea, you see for my kids
if they want to go to College, they can go to College, but if they choose not to go to College,
they don't have to, because I know based on my personally experienced that the College Education
helped me maybe some in life, but not doing what
I'm doing right now.
I went to College for five years. I actually have two degrees.
I have a dual degree. Yes, absolutely! so, Five years in College.
and after this I started working for IBM. So this is where an IBM, right. I ride so what I did is-
I worked hard as many of you probably do?!
working hard right. I mean this is what my parents taught me.
I mean my Dad, He started when He went out of College. He started in a Steel
Factory in Germany,
where this way up to being a Director at this Steel Factory and stay there until He retired.
So this the mindset that I had.
work hard, save some money and hope that the Company and the Government will take care of you in retirement.
and that's what I did! I work so hard that I was working easily
50:00 60:00 sometimes 70 hours a week.
Yes, I was on the road for IBM five out sometimes even six out of seven days.
and yes! I made some good money
absolutely I had a nice six -figure job, I had a responsibility, I was traveling and I did
have a chance to save some money, not a whole lot, but some.
because I was I hoping that IBM will take care of me.
then the Government will take care of me. you see, and that time in my life.
I did not understand the difference between
"Saving" and "Investing"
my Parents were born in 1945.
so they were born right after the war.
They had the mentality of "save money" and I mean they didn't know any better
and this is what they taught me. "save money" buy a house have a few kids and then live modestly and
hopefully retire well within your means, right? So it took me a while and
until I was in the mid 30's then I realized that there's a difference between
"Saving and Investing"
in most importantly, I realized that it is important that I invest in myself!
see when I was in my mid 30's. Yes, there was already the Internet and it was so much
information on the Internet.
And that's when I thought
having this the saving mentality, I wanted to save money, not invest in myself.
It in courses or a mentors or in coaches, right I thought all the information is out there available for free.
and yes, some information Is out there available for free but you know what they say?
You get what you pay for. I'm sure I'm certain knowing what I know now, if
I had earlier invested in myself, I could have save years of my life and I could have the life
that I'm living right now probably in my early 40's or in my mid 40 's now I'm on my end 40's
I mean not the end of the world, again I'm doing really well.
but that is my biggest regrets- not "Starting Earlier"
not taking action, why? Because I was program by my parents and my teachers
that the idea of being a good citizen is working hard, saving money and hoping that the Government
and the Company work for will take care of you.
and I realized that's probably a dumb thing to do.
and I left IBM when I was 33 years old
but again, the first few years, you know my story how to get started with trading
I made a lot of mistakes, and I could have short-cut these mistakes by investing myself.
It doesn't matter whether it's a few hundred bucks or a few thousand bucks.
What I know right now, is that when I invest a lot of money in myself
I receive results really quickly.
As you know, my goal is to make Rockwell Trading the Premier Company! The Number One Company
when it comes to Trading Education. This is why I am on the road so much, this is why I am coming to your city
doing bootcamps or very soon we have another three days event coming
up because I love talking to you. I love showing you what I know, hoping to help you to have a short cut.
and you see in order to do these I need mentors and yes, I am investing easily
a hundred thousand dollars a year in my education.
not a College education, but it is an education on how to become a better real estate investor
because I still have things to learn there and also how to run a business yet I invest in myself
and how to become a better Speaker.
How to be good in front of the camera.
So that I can convey My ideas, My knowledge, My experience to you and Yes!
I haven't check recently, but I wanna say it's at least a hundred thousand dollars a year maybe
more and you know what, ever since I started doing it
my education got shorter, right? I mean this is the short-cut
and this is what I have to understand that there's a difference between Saving and Investing.
my Parents gave me the gift a gift (a curse)
having this saving mentality.
These days, I'm having the investment mentality.
I know these days, I know that "Money is Energy"
we'll talk about that another day,
but just keep this in mind, money is energy and the best investment
ever that you can make in your life is in yourself, I believe this.
I know it, because I know how much it has helped me.
so many the biggest regret in my life is not taking
"Action Earlier"
not leaving my job early and it was a dead end job not understanding the difference between
saving and investing and I wish I would have
invested in myself earlier and also that I would have been braver to take action because in
taking action was the best thing that
ever happened to me.
but trust me at the point when I decided to quit my job and move all the
way from Germany to the United States, it was scary!
and all these thoughts going on my head of what could possibly go wrong?
but you know what?
don't focus on all the things that could go wrong
focus on the one thing that could go right.
This is my mentality right now.
I'm not worrying about all the things that go wrong.
I focus on the one thing that could go right. And this is how I'm living a fulfilled life
alright? that's what I wanted to cover today.
I hope that helps, leave a "COMMENT" HIT "LIKE" and "SHARE"
this message with somebody who needs to hear this.