If you want to achieve your dreams, you have to be relentless about making them happen. It takes a lot of focus and drive to achieve one’s goals.
That’s because our dreams are usually out of reach. Why else would it be a dream?
It’s not easy. And there’s a high price to pay for pursuing it. That’s why only crazy, driven people go after their dreams.
In 1984, Intel Corporation was a leading producer of memory chips. But as Japanese competitors like Toshiba and NEC came to the US, Intel started to lose its market share. This is where the inflection curve of a business typically happens: When a new player suddenly changes the market.
The Japanese were cheaper and better. Intel tried to compete harder. Some executives believed Intel had to build a new factory. Make cheaper memory chips.
Even machines break down. So it’s not surprising that the human mind needs to rest. Now and then, you need to reboot your brain.
One of my friends used to work in customer support at an internet company. He told me that 90% of the customers who called about a problem had the same solution.
“Did you try rebooting your router?”
To build wealth, we can do two things:
Option 1 is great but takes time and is somewhat out of your hands. You can work really hard and still end up not making money.
Option 2 is perfect because it’s more within your control. And yet, there are a lot of folks who don’t save enough.
Saving and investing are just like keeping fit. When the process feels like you’re “depriving” yourself of something, you’re more likely to splurge and waste your efforts later. That’s why you need a way to spend less without making it “hurt.”