You are blessed, being afforded financial independence at your age. But you are behind with your cash-out strategy. You have to seize the moment. Your first responsibility is to preserve an ample amount of wealth and diversify it away from your business venture. It’s not disloyal or unambitious; it’s responsible.
The Logic Filter is a private, independent business, founded by
Louis and Niel Fourie in 2007.
Its core offering is life mentorship to young professional people.
Its flagship product is the Regarding your Life program, which consists of eight full-day sessions, spread over a year, typically attended by a group of around five to seven people from the same company, professional sphere or social domain.
The Regarding your Life program forms a central part of the executive management development process in many leading South African companies, and is used by many independent young entrepreneurs and professionals as a self-investment intervention.
That generousity is a currency that multiplies when it is shared.
That South Africa is blessed with an amazing quality of consciousness, to have opted for such leadership in troubling times.
That goodness is an investment that seldom fails.
That there are higher returns to achieve in life than our own success.
Every life phase has its nuances, but I believe there are seven ageless principles of life that you should nurture, irrespective of your age:
• Invest in yourself. Never ‘switch off’. Attend to your spiritual wellness, your intellectual growth, your physical fitness. At 70, there are potentially many years ahead of you. Own up to them.
The answer is yes. But if I were you, I would approach the challenge by asking three less intimidating questions:
‘Which pattern of response in my life do I want to change?
Don’t taint your whole personality. Be clear about the recurring elements of your behaviour that you want to adjust. Be as specific as possible. When you get to this answer, ask yourself how you think before you behave in this way. You never act without first thinking. Habitual emotions and behaviours are always preceded by a well-oiled pattern of ‘giving meaning’ to stimuli.
A good starting point is to fully understand what you want to teach them.
Most people interpret gratitude as an occasional declaration of indebtedness – and practice it as a fitting religious custom or act of social politeness. To teach a child to exercise gratitude in this way has its place, and is up to our own discretion and subject to the nuances of your culture.
Collaboration is a vital ingredient in any success story. However, a partnership that doesn’t work out can become a very costly affair.
I can offer you seven hints to ensure that your partnership is based on a solid foundation. First and foremost, a partnership has the potential to become a burden if the partners’ values differ. Both of you may agree on ”what” you want to achieve through the alliance, but when you differ fundamentally on ”how” or ”why” you want to accomplish it, the table is set for constant friction.
When we don’t find time for something, it normally means that we don’t regard it as a priority. It is not a matter of ‘self-discipline’ or having more time, but a simple question of affording it the status it deserves.
Planning, as many other important things in life, isn’t urgent. It isn’t a noisy attention seeker. It only enters your life on invitation. It only responds to a diary entry with its name in, a real date with yourself, backed by an agenda, attended to with respect and attention.
I suppose it all depends on your definition of happiness. If you mean ‘a sense of security’, yes indeed, money does enable some of it. If you mean ‘moments of pleasure’, absolutely, money can give you access to interesting experiences. But if your definition of happiness implies being at peace with yourself, inner calmness and being in harmony with the life you choose to live, I’m afraid the reach of wealth is limited.
This deficiency-syndrome is surprisingly prevalent among talented people. So much so that ‘being hard on yourself’ has become some form of self-approval. I suspect it originates from the achieving-is-everything model within which talented people format their view of life.
We get our returns where we spend our resources in orderly fashion. I suspect you attend to your business ventures in a way that you don’t do in other areas of your life.
There is a rhythmic pattern to success. It always starts with a desire to succeed. There is a strong correlation between the probability of success and the quality of commitment with which you arrive at the outset of an endeavour. Are you perhaps involved in some things you don’t really value?