Day 1059: Independence. Wealth. Margin.

Yesterday I gave you seven random thoughts highlighted by how you will not rise to the level of your goals but you’ll fall to the level of your level of your ability to organize as well as how My Drunk Aunt says that when she wins the lottery no one close to her will be broke and she really means that.

Speaking of moving to a rich neighborhood…

It’s the 4th of July and Dave’s girlfriend was getting fresh, here’s their conversation:

Girlfriend: Dave, I shaved my lady-parts, you know what that means..?

Dangerous Dave: The drain is clogged again?

In other news…

Happy Independence Day.

Independence was DECLARED in 1776 but that was followed by a 7 year WAR.

If you are DECLARING your personal / business Independence… you might need to prepare yourself for a war.

Anyhoo…

Your one PROFIT ACCELERATION THING today is:

‘3 Chapters’

Warren Buffett says that if you want to study investing there are only 3 chapters you need to read.

1.  Chapter 8 of The Intelligent Investor

2.  Chapter 20 of The Intelligent Investor

3.  Chapter 12 of Keynes’ The General Theory

Synopsis of Chapter 8: Prepare both financially / psychologically and avoid market forecasting. Most importantly, don’t allow yourself to be swayed by short term market fluctuations which are inevitable.

Synopsis of Chapter 20: Margin of Safety “the secret of sound investment.”  MOS suggests you only buy stock when it’s trading discounted to its true worth. The more margin of safety you have the more leeway for negative conditions. Notwithstanding if conditions are better than expected your profits are exponentially higher than the original margin.

Synopsis of Chapter 12: Long term expectations and the individuals, markets and psychology surrounding it. This chapter distinguishes between short-term and long-term expectations and also the role ‘confidence’ plays in influencing investment.

‘The future is unknowable.’

You heard it here first.

Now, pick up the phone and go help someone.

Obsessed with your business coaching success,

Karl Bryan

Founder, Focused.com

PS. My guess: Your goal is not to be rich, your goal is not to be wealthy, your goal is to be FREE. Happy Independence Day.

PPS. If this helps and you want it to really sink in… GO TEACH IT to someone cause that’s the best way for you to learn it. A friend, your spouse, a prospect, a client etc…

*Don’t plagiarize my work like a lame arse.

PPPS. Marriages break up from lack of money… over lack of love X 100. Business failures lead to destruction, addiction, depression, anxiety, suicides, and unfortunately, far more.

As good business coaches, we save marriages, save families, save kids from self-destruction… we save lives!

A true life of purpose.

PPPPS. If you’re looking for a proven system to follow for your coaching…. I created Profit Acceleration Software™ and high-end step-by-step training to support it…

We did a training that will teach you ‘A strategy that can DOUBLE your clients’  bottom-line profits using exponential growth without spending more on marketing.

Imagine finding your high-ticket coaching fees BEFORE you start coaching your new clients?!  And a proven coaching system created for you to follow with your new coaching client.

Access the free training here

PPPPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited-time, complimentary subscription to my business coaching magazine go here:

https://thesixfigurecoach.com/subscribe/

PPPPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin, High-End Coaching Client Findin Gold For Business Coaches.

https://karlbryan.com/business-coaching-secrets-podcast