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We can make smart choices now that will set ourselves up well for later. Choices that will improve your life.
It means you will have to do hard things today. If you're willing to look farther, you will make better choices today.
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It's obvious that the top performers in any industry always earn the most. How to become a top performer is not that clear.
Seth Godin says in his book, The Dip, that the reason most people fail is that when people are in the dip and things get very difficult, they often quit. The problem is success comes after the dip.
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Seth Godin defines the best in the world as:
Our goal is to be the best for our audience. For example, the best for your guest if you're in the hospitality industry or a listener if you're in the podcasting business.
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It is easy to focus too much time and energy on the wrong things. There are only so many hours in a day. We can't say yes to every opportunity. Instead, ask yourself, "which opportunity can give me the biggest possible return?"
Everything requires energy, whether you work on something big or small. You can perform the same job at a different company and get paid twice as much. You can spend all day trading stocks and end up getting market returns, or you can put that money in a passive index fund and spend your time building a business.
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The best time to plant a tree is 20 years ago. The next best time is today.
Building a business that earns a great income, or creating a career you enjoy, takes time. If you want to earn more, don't wait for the perfect moment. Start today. It's about taking that first step.
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IDEAS CURATED BY
Learn more about moneyandinvestments with this collection
The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
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