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The Everyday Wisdom Newsletter, Issue #006 - The Passing of Time.
December 24, 2007
The Everyday Wisdom Newsletter
In This Issue:
Let's get started...
Want to create something wonderful? You can if you have the right philosophy about the passing of time.
Imagine you are eleven years old and you buy three shares of stock. Only to see it drop from $38 a share to $27 a share. How would you feel. Again, you're just eleven years old. You'd probably feel pretty crushed.
Then, low and behold, it goes back up to $40 a share. Since you've been on pins and needles since you bought it, you sell it at $40 a share glad to get your money back. Only... to see it go up to $200 a share. Do you think you would learn a lesson about how to look at the passing of time and patience? Warren Buffet did and he's now the second richest man in the world.
Making anything of value takes time, whether it's a business, a career, the writing of a book, etc. In this "I want it now" culture, too many people quit too soon. If they don't see great results in a month or two - they're out of there.
For those people who quit too soon, there's also a second mistake they usually make. They don't do all they can do in the time they put in. Heck, they don't even do the easy stuff. Why? Because what's easy to do is also easy not to do.
So what's your philosophy on the passing of time? Are you willing to give yourself the time you need to get what you want? If you want a great harvest, you have to do what all farmers do. They cultivate their crops. That takes time and effort. Why do they put in all the time and effort? It's so the harvest they reap can be a great harvest.
How do you know whether you have the right philosophy on the passing of time? Most people know the adage, "What you sow is what you reap." There's another way to say it. "What you've sown is what you've reaped." Take a look at what you've reaped in your life. If it's not what you want, it could be that you were expecting too much too quickly. That if you would have stayed at it a little longer, you could have accomplished much more.
Here's an important part of the law of Sowing and Reaping. You don't get what you sow. In truth, you'll usually get back much more than you sow. The farmer doesn't plant his seeds expecting to get back a little food. He works so hard because he knows he will get back more than he plants. The excess over what he needs for his family, he sells to make money.
Look at the example of Warren Buffet. If he would have held on longer, his stock, for which he paid $$114 plus commission would have returned to him $600 minus commissions. Over a five time return on his money.
So here's what we suggest: Take a few minutes and look at what you're doing now and if you're willing to give yourself enough time to reap the harvest.
Our website, everyday-wisdom.com, has hundreds of articles. It took time and effort to put all that information on the site (and we're going to have a lot more articles on in 2008). Why all the effort? We want to build a great website. And we feel we're building an asset. This site is going to be worth a lot of money one day. Why? One reason is because we have the right philosophy about the passing of time.
To get a true vision of what is possible with the right philosophy about the passing of time, I highly recommend you read about the Daffodil Principle. To read that article, click here.
Here's just a small sampling of some of
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