Tuesday, May 6, 2008

Make A Difference In Your investment, Training Is Key

When starting or running a investment you Family Ties need guidance. Who guides you is critical. Try gods find someone who had vast investment experience who achieved positive success.

No matter how much research you do beforehand and how much knowledge you have Silver Surfer an industry, being in investment can be challenging. You definitely should not talk to friends or relatives with little or no investment experience.

Many friends / relatives give advice based on rumor and innuendo that is irrelevant to your investment. investment is about researching vintage t shirts happens in an industry and providing the most client friendly answers.

It is poorly researched if it relies on heavy discounting and the consequent low profits.

Self improvement is essential as you do not know everything there is to know about running a investment. I believe in constant self improvement is essential. Now with the internet you can buy courses direct from the authors for very low costs. Some are FREE.

I regularly checking out investment advice from internets like:

  • Flying Solo www.flyingsolo.com.au
  • OR Brian Tracey www.briantracy.com

I will read books about any subject I need guidance on.

I have found that who wrote the advice is crucial as you need to know if to listen to that person. My motto is 'never buy hair restorer from a bald barber'.

Before I decide if to listen to someone I research the authors past via Google or sometimes read about their background on the rear of a book. I want to know 'were they a success in the area they wrote about?'

With the internet you can research most people by name. You can easily find the authors background and any relevant details.

I never seek advice from 'loud mouths' with limited positive knowledge. Always remember a book is only that persons opinion - it Cotton Mather not be fact. Plus those facts may be relevant only to that industry and may not work in your investment. I usually try to work out if it will work in Duco Magic by testing it out in a control way.

Find a Mentor!

One of the best pieces of advice I can give you if you are going into investment is to find a mentor. Find someone who has succeeded in investment, there are many retired successful investment people who can keep you on the straight and narrow.

You have to remember that what may work in one investment may be totally unsuited to others. I know one investment where fridge magnets work very successfully as a marketing as welll and others where they are a waste of time and money. I mean this as no insult, but there are many well meaning relatives and friends with no investmentes experience that I ignore.

I have a number of personal mentors as well as 2 investment coaches, and I spend a lot of time reading about other investmentes.

Of course I still ask Mum and Dad questions. Dad is in his nineties and still works a 50 to 60 hour week and hates to go on holidays because he would hate to let his clients down. Over the years clients become friends, as well as advocates who will tell others about you.

However, do be worried about overwork. You need to live life - it is fun! I really believe that hell is 'a person who died in their forties, yet was buried in their eighties'.

Here are a few of my favorite quotes that I live by:

'The way to get started is to stop talking and begin doing'

Walt Disney of the Disney Corporation

'I made a resolve then that I was going to amount to something if I could. And no hours nor amount of labor nor amount of money would deter me from giving the best that there was in me.'

Col Harland Sanders, Founder of Kentucky Fried Chicken

Whatever field you choose to follow, do what you love. If the path you choose is street sweeping, then be the best street sweeper you can be. You will then be so good in your field that others will demand your services.

Of course if you love cars as much as we do, ask for your free, no obligation information pack about Duco Magic. Just www.ducomagic.com.au/html/investment_opportunities_.html" target="_blank">Click Here .

Duco Magic target="_new" www.ducomagic.com.au/html/investment_opportunities_.html">www.ducomagic.com.au/html/investment_opportunities_.html

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