Sunday, 15 May 2016

Rules of success for patient investors!

All shall be successful in life. If we know what we love,if we know our circles of competence, if we are disciplined and learn to let go we shall be successful!!


FAMOUS PERSONALITIES HAVE HAD INCREDIBLE SUCCESS IN THEIR LIVES. 

How? What prompted this in their lives? 

I have compiled a list of ten rules of success,collected from you tube,compiled by Evan Carmichael  as suggested by different personalities. And some are actors, businessman,investors,sports persons and entrepreneurs!!! AT the end of their lists of suggestions we shall try to find out what is or if there is anything common at all in terms of the rules that they have  prescribed. I can with some degree of certainty say that we may after all be surprised with their views of success. So why wait? Here are the lists for you!!!

RULES FOR SUCCESS:

Warren Buffet, the world famous investor.

1.    
       1.  Find your passion 2. Hire well 3. Don't care what others think 4. Read, read, read  5. Have a margin of safety 6. Have a competitive advantage 7. Schedule for your personality 8. Always be competing 9. Model success 10. Give unconditional love   

Jim Carrey, famous Hollywood actor

1. Visualize your success 2. See challenges as beneficial 3. Follow your passion 4. Be a creator
 5. Risk being yourself  6. Compromise 7. Don't let fear hold you back 8. Believe 9. Have intention
 10. Take a chance


Jack Ma ,founder of Alibaba Group


1. Get used to rejection 2. Keep your dream alive 3. Focus on culture 4. Ignore the Little Man
5. Get inspired 6. Stay focused 7. Have a good name  8. Customers are number 1  9. Don't complain, look for opportunities 10. Have passion




Elon Musk's 10 Rules for Success 


1. Never Give Up 2. Like What You Do 3. Don't Listen to the little man 4. Take a Risk
5. Do Something Important 6. Focus on Signal over Noise 7. Look for Problem Solvers
8. Attract Great People 9. Have a Great Product 10. Work Super Hard



 Manoj Bhargava, famous entrepreneur

1.Minimize risk 2. Enjoy your work 3. Do something useful 4. Do your maximum today 5. Think with your head 6. Make slam dunk products 7. Avoid aggravation 8. Don't chase money 9. Think things through 10. Keep it simple


Dwayne 'The Rock' Johnson, famous sportsperson and Holywood actor.

1. Be a trailblazer 2. Know what you want 3. Be yourself 4. Find the right balance 5. Have an incredible work ethic 6. Follow your heart 7. Work on yourself 8. Swing away 9. See the potential in others 10. Have fun

Satya Nadella ,chief executive officer (CEO) of Microsoft.

1. Be a lifelong learner 2. Find the soul of your company 3. Have confidence 4. Fall in love with what you do 5. Build a great company culture 6. Be a source of energy 7. Seek work-life harmony
8. Have a clear vision 9. Partner broadly 10. Build your capabilities


Bill Gates's Top 10 Rules For Success

1.Have energy 2. Have a BAD influence 3. Work hard 4. Create the future 5. Enjoy what you do
6. Play bridge 7. Ask for advice 8. Pick good people 9. Don't procrastinate 10. Have a sense of humor

Steve Jobs's Top 10 Rules For Success

Don't live a limited life 2. Have passion 3. Design for yourself 4. Don't sell crap 5. Build a great team 6. Don't do it for the money 7. Be proud of your products 8. Build around customers 9. Marketing is about Values 10.Stay Hungry, Stay Foolish

Donald Trump's Top 10 Rules For Success

1.Don't do it for the money 2. Never give up 3. Be into the details 4. Be totally focused5. Get great employees 6. Work hard 7. Follow your instincts 8. Believe in yourself 9. Have a messy desk 10. Love what you do

Richard Branson's Top 10 Rules For Success:

1.Keep it simple 2. Give it a try 3. Be a leader 4. Don't give up 5. Delegate6. Treat people well 7. Shake things up 8. People will be skeptical 9. Affect lives positively 10. Do things differently


Roger Federer's Top 10 Rules For Success

1.Question yourself 2. Work on your strengths 3. Enjoy what you're doing 4. Have structured goals 5. Build a great team 6. Be prepared 7. Learn from your mistakes 8. Separate work from life 9. Chase your dreams 10. Have fun

Brian Tracy's Top 10 Rules For Success

1.Don't live on "Someday Isle" 2. Learn from the experts 3. Find your life purpose 4. Manage your time 5. Structure your goals as questions 6. Think rich 7. Don't quit 8. Be an example 9. Form good habits 10. Never give up on your dreams

Robert Kiyosaki's Top 10 Rules For Success

1. Experience makes you smarter 2. The more you give, the more you receive 3. Change the way you think 4. Focus 5. Hard times bring new opportunities 6. Design the business properly7. Know what you are working hard for 8. Don't be afraid of losses 9. Aim to acquire assets 10. Stop saving money, hedge it

From Homeless to Millionaire - 3 Success Lessons from Chris Gardner

Action Item #1: Get Excited About Something  
Action Item #2: Be the Best You Can Be
Action Item #3: Remember Your Roots 

I strongly assume you have gone through all the lists of rules!!!

And did you find anything in common?

Anything?

Were they so difficult and complex that they cannot be followed?

To be honest, they are as simple as they can be!! And fro the rules that they have prescribed for us we find that most of them have more or less the same things to say!!!

So too for a diligent and a patient investor!!! The rules for the patient investor shall be as follows:


 1.Find your passion

2.  Don't care what others think 

3. Read, read, read 

4.  Risk being yourself 

5. Don't let fear hold you back 

6. Stay focused 

7..Have passion

8. Like What You Do

9. Take a Risk

10. Have an incredible work ethic 

11.Work hard 

12.Never give up on your dreams

13. Experience makes you smarter

14.Hard times bring new opportunities

15.Don't be afraid of losses 

16.Aim to acquire assets

17.Stop saving money, hedge it.

WE HAVE INFINITE CAPACITY  IN US. THE TRICK IS IN ITS MANIFESTATION WITH THE ABOVE RULES.





Disclaimer: This site is for informational and entertainment purposes only, and the content herein should not be mistaken for professional financial advice. Ultimately, you and you alone are responsible for the decisions you make in life, so please contact an independent financial professional for advice regarding your particular situation.
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