In Every Investment. Invest A Part Of You

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I thought I was done with yesterday’s podcast. But then turns out that I woke up this morning, thinking that I could have said, a few more things when it comes to investing and some of the mistakes I made and things like that. So I had, I have some latent thoughts from yesterday’s podcast, and I want to add them today, on today’s podcast, welcome, or welcome back to Success with Srini Happy Wednesday morning to you Wednesday already. Okay. That was a concept I was trying to arrive at yesterday, but I couldn’t. It’s not that something happened to me this morning. And I’m here talking about yesterday’s podcast, this concept has been around with me for a long time, even though I was going through my own financial mistakes, this was there and this concept has, in a way strengthened over these years, this many years. And if you are into investing, if you are building a business, or you are creating something, literally and there is money involved, there is the time involved, then I think you will, you’re gonna find today’s podcast, very helpful.

So stay with me, just get into this, the concept is very simple. You raise the success of any investment, if you drive that investment, and people in conversations, and you might have also seen this person, when I talk to people that tell me that, oh, I invested money, invest a lot of time, I put in a lot of effort. So very simple. There are three things either you put in the time you put in money, or you put in some effort. Sometimes all three, you have to put sometimes one or two, depends the combinations differ from project to project, but you get the idea, the only three things that you’re putting in, the question is this question is, if you are putting in all the three why’s that you’re struggling with investment, you’re not getting the returns, or you’re not getting whatever that you were seeking. So here’s what I found out. And here’s something that I did not learn early on. And over the years, through all the mistakes, I have come to now realize this, and this is a self-found self-experienced realization, which is you got to invest a part of yourself into every investment, a part of you has to go away. What it means is beyond time, effort, and money, whatever you are already putting in any way, you got to give a part of yourself away to that investment. When we give a part of ourselves away, we are giving away our emotions, we are giving away some values we are giving away, and we’re kind of replicating ourselves in it. So a part of our value system or belief system or existence or identity, all these things are now thinking about it, totally part of it all these things, they kind of have their umbrella or eye on this investment.

So it means you are in it soulfully you are in it, driving it, you are in it, really hustling it out. Now, this principle is also true, even though it is a completely hands-off investment. Let’s say you’re buying some stocks, or you’re investing in something that is run and managed by other people even then, and this is true. And if something is managed by fund managers, or you know, whoever that is, and you don’t have any direct responsibility in handling that investment, how can you give a part of yourself away to that investment? Where does this logic apply? In your mind, you should be thinking about investment. You should still be raising that baby in your mind even though you’re not directly impacting the baby. You’re not directly dealing with day to day affairs of that investment, but still, mentally, you need to be processing. So for example, you have 401 K, we talked about this yesterday, or the day before yesterday, and you’re putting that money in into 401k. You don’t look at your 401k Let’s say you don’t log into the accounts for weeks and weeks and weeks. And you’re not looking at them. You don’t understand what’s happening in the market.
Let’s say espp Let’s say any mutual fund that you have put your money in post-tax dollars into, let’s say, take that as an example. You got to look, and see if everybody knows the value of the house, you’re a real estate investor, you have a house, and you know exactly what the value of your house is. Don’t tell them you don’t do. You know, even though you’re not planning to sell the house, or you don’t do anything with the house until you know the value of the house, a part of your existence is aware of what’s happening. I have gotten a lot of advice.

Now I am here. I do this podcast, I do coaching, training, whatever I do. I don’t do a lot. But the only thing I do is this podcast, I don’t do other things a lot. Even though the markets I’ve opened up seminars, and workshops, I don’t I’m not doing any ideally, I should be, but I’m not. But every time I meet someone who knows me very well, they start to there are some people, some of my relatives, my friends, you know, they get into the position to give me advice. And they do that in a good way, nothing wrong with them. And see me do this, do that, like, Okay. And then they feel concerned, or you’re doing all these things. And things are not adding up the way they should have otherwise added up for you. I had many, many years ago, I had a gentleman who came up, in fact, called one of my radio shows, and said, Oh, by the way, you do what you do, you should be bigger than this guy, and that guy. And I said, Don’t do this to become this guy or that guy. I do this because I want to be the guy I should be. And I understand that my success is not at your pace. I’ll talk about this tomorrow, maybe or maybe in an upcoming podcast episode. But for some reason, people think, and we look at some people around us, and we look at their effort. And we think, Oh if they’re putting in this kind of an effort, how come they’re not successful?

That’s a typical thing that I hear from parents also about the children, or, you know, putting a lot of effort but not getting grades, I don’t know what’s going to happen in the future of my kid. I hear that from the spouses telling me, oh, you know, my husband works so hard, my wife works so hard and no success at work, no success at home. And, and I get that if I’m working with people, I’m in the open, I’m in the public, then people do build up that affinity with me, and they do tell me when you should have done they should have done that. But I’m the guy who’s doing it, they are not doing it. They are not in the business, of doing what I do, but they still come up and give me advice, which I understand that coming from a very, love and compassion, I understand that. But then I have learned over the years that your success has its own timeline. And nobody, it’s natural for people, it’s obvious for people to expect that you succeed on their timelines. Parents want their children to succeed quickly. Children want there, you know, want to grow up and succeed quickly, whatever every situation has its own thing going on. But just to understand that everything that you do is on your timeline. So here’s all here’s something else, which I also learned, which is a success is mostly on the back end. And oftentimes, it’s delayed. And many times it’s disguised, you will not be able to see it. You can’t figure it out.

You can say what you want to say but there is a payoff in every deed, in every deed. So if you see somebody’s putting in a lot of effort, and you think they’re not successful, it’s a clear observation that is incorrect, which needs a modification. They are succeeding and it is not visible. It is in disguise. It is not going to make itself obvious to you or to them. They may agree with you oh yeah, more successful I’m doing this, but just everything adds up. Every investment adds up. When when I say investment, I mean time, money, and effort, everything adds up. The only requirement is that you don’t quit the only requirement whatever you’re doing right now don’t quit. Don’t put that investment don’t quit the job, that business that whatever you’re creating anything everything that you have, and you will not quit if a part of us invested in it. People quit money investments people quit Time investments, afford investments. People quit all the time. I gave an example many, many weeks ago about, about weight loss, people invest into weight loss, I have coached people to lose weight. And I’ve known this pattern, I’ve seen this firsthand, which is every time their effort is higher than the reward, they stand they’re questioning, why do I need to put in this effort, if my reward is only this much, hence, I leave. So, the effort is higher than the reward people leave. You give yourself to the investment you will not leave. See, in the earlier episodes, I said, You got to spend less, save more, don’t borrow all that I said those things in just three days ago. And there is so much to this, which is mathematically you can budget you can spend less and make more money, save more money, you can follow the formula. But the formula only works because your behavior is in place.

Otherwise, formulas don’t work. Success formulas do not work if the behavior is not in place. So behavior comes from discipline, discipline is got to have the right discipline in place. So a lot of your investment success has to do with your behavior. And the behavior here is that for everything that you put your time, effort, or money into, make sure that you are also putting a part of yourself into it. You have the willingness to drive you and cultivate good thoughts about that investment. You engage in the right discussions, you try to mastermind that investment, and you do your homework, you educate yourself, you stay on top of that investment, even though you’re not managing that investment. I hope this message is helpful. If it is not, I’m sorry, but if it is, let me know. And I’m done with the investments for now. Maybe I promise you two models one is not going to be on investments for sure. Okay, you take care of yourself, and I’ll talk to you soon.

Fatal Investment Errors: Don’t Make These Blunders!

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Okay, so I have this habit of going back and looking into all the podcasts that I’ve recorded. Every time I receive a comment or a question, I tend to look back into this huge library. Now, since we have been doing this podcast for the daily on a daily basis for the last 10 months now, every time I get a question, I’ll go back and look at the entire library to see if I have already answered the question. It’s very difficult to find and usually ends up recording the answer anyway. But I was going through that, and, and I realized, and I ended up listening to last, this past Saturday’s podcast, where I talked about how you can become a millionaire in seven years under seven years. And that was the podcast. Now, I realized that there are some things that I could have added to the podcast. And I did not. So if you are a regular listener, and you listen to Saturday’s podcast, here we are Tuesday morning, and I want to quickly talk about it. So that today’s podcast is very close to Saturday’s podcast.

So this stays within a reasonable timeframe in the range so that somebody who listens to Saturday’s podcast can also listen to today’s one, and can correlate. So if you’re a first-time listener to the podcast, then please do me a favor and listen to October 8, Saturday of 2022. I talked about how anybody can become a millionaire in under seven years. And what I’m going to do now is I’m going to add a few things to that conversation. So today I want to share with you some mistakes that I made as a part of my own life, in my own journey, and some of the lessons I took, which I should have added to that podcast anyway, there are about five or so that I can think of that could be more, all I have to do is to give more time to my brains can dig a few more, but this five standout and I made many over the years, many mistakes so I can coach and train and teach people to possibilities and throw perfections but then it’s also become my responsibility to coach train people through my imperfections. So here are the top five mistakes, investment mistakes I made. Okay, I was late to invest. And I was late to exit a lesson I took in the year 1999 2000 2001 When the economy came down, I entered the market because everybody was talking about the stock market. And I had no knowledge about the stock market. So I entered and bought the stocks that they bought. And when the market collapsed, I still somehow believe that’s going to come back and I left my money there and I got wiped out completely so late to invest and late to exit I learned so now I am exempt from investments if I foresee trouble or if I sense trouble, okay, the second one goes along in line with the first one which is investing in unknown assets, everything is an asset everything is a liability, you turn a liability into an asset with your knowledge and with your information with your acumen with your skill talent and just because I did not know how to invest in stocks and I did not understand how stocks work back in the day I was investing into something called unknown and you go into something unknown you will be paying a price and I did so the message is don’t invest into things that you do not know or make sure you get the right help, okay if at all you choose to do then sometimes in this is an important part there is a principle called compounding of money.

So money compounds and the time value of money. So for example, if you invest in something and you leave it there for a long amount of time, then eventually you end up really really winning. So long means very, very long 10, 20, 30 years you know investments and so sometimes people exit without understanding this compounding principle so, and something that I never understood very early on is that if you invest into something your investment forget about it and completely forget about it and just let it be there and eventually it’s going to make it so I ended up exiting a lot of investments which is a mistake. So primarily in real estate exited without understanding And then I. And once you exit an asset class like real estate, it’s very difficult to enter because now you’re going to pay. Real estate is always ahead of inflation. So you got to be on top of inflation to really get in, get back in, and may not make sense depending upon where you are in your own journey of life. The next one is investing without recruitment. This is a big one. So if you’re single, you don’t have anyone who you talk to, or, or you’re coexisting with, then it’s okay. But when I’m married, my wife is there. And I’m investing without letting her know what without having her on board, see, some people tell the spouse what they’re doing. But they really do not educate the spouse. And I’ve done a mistake or two where I invested without telling, and several times without educating. So that’s what I mean by the board of recruitment. So you got to really recruit your partner into your investments, if not, you run the risk of losing not only the partner but also the investment, obviously. But then the last one is investing in remote assets, I bought houses without looking at them, I made investments into businesses without really meeting the partners, and I’ve done all kinds of stuff. And I do not recommend that. I do not it’s good. When I do a seminar I speak from the stage, I talk about these things that sound awesome from the state, but they really are not. So be careful when you’re doing remote investments. And it doesn’t matter how good of a property manager you have and all that just you don’t know the location you don’t area you haven’t lived there. Now, not a good idea to do it.

Okay, these are some of the mistakes and I have more I promise you as I’m actually recording this, I have more in my mind. Oh, so many mistakes I made, I just cannot even get started to talk about them. But these are some that I know you will benefit from if you’re serious about this. But the message is this, no matter how many mistakes you listen to, you will end up making them anyway. And those mistakes are going to be unique to you to your situation to your thinking and to your feelings and your emotions. And yeah, I can I can’t stop you from making mistakes. But then at least don’t make the mistakes I made. Okay, that’s not making new mistakes, not the ones that I’m making. What I made. That’s all for now. You go enjoy your Tuesday and I will catch up with you tomorrow. Stay tuned.

This Is How You Know You’re Living A Worthy Life

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Yesterday when I was recording my podcasts, I was explaining this principle. I said, every time I am enacting, I’m in the middle of doing something, and I have my mind producing ideas and thoughts. And, I was giving an example. I said, as I’m recording the podcast, I’m getting some thoughts that I could literally record tomorrow if need be. And I don’t need to get worried about it, Hey, I just record a podcast today. And what will I speak about tomorrow? So I spent some time yesterday and develop this idea of how to have evolved life and how to how do you know that you’re living for the life, like a good life or a well-fulfilled life. Okay, if there is a title to this podcast, that’s the title, how to make sure that you are living a healthy or life. Okay, so looking back into some of my thoughts, I came up with about five things in my understanding that anybody should do so that they know that they’re living a healthy life. So these five things are happening in some shape or form, then you’re good, okay.

First and foremost, one is you are giving more than you’re taking. Most people say they do. But they don’t really. So how to measure this, how to measure that you’re putting in more effort and you’re putting in producing more quality of work at your place of employment than the amount of salary you’re getting, let’s say, just take that as an example. But don’t know how to measure this. So I will leave the measure to you. Okay. But in principle, you agree that in order for you to live over life, you have to give more than you take from any situation. Life is an incredible equalizer. So there is not possibility that you are putting in more and taking less. Life rewards you compensate you in one way or the other. But if you have that mindset, that means you’re living a good life. You’re living the body life if you understand the cycle of excitement and disappointment. Most people live a painful, and very restless, life filled with suffering and misery because they don’t understand the cycle called excitement and disappointment. The cyclical relationship between excitement, disappointment, and excitement is when they get excited, they get carried away when the disappointment that beats them up. So just to know that everything in this universe has an opposite. That’s how it works. At least this earth has opposite day and night, everything, you know, you have water, you have air, like such, there are so many opposites, such that in a similar way, that every excitement also has a disappointment. So you got to understand the cycle so that you stay balanced in between. If you do not need to be reminded of your passion and your purpose, that means you’re living about the life. every day you wake up in the morning, and nobody has to tell you, nobody, you do not seek any validation, you know, you are existing in the cycles of your passion, and you are driven to fulfill whatever purpose that you have for yourself. And you don’t need to be reminded of that, then you are living above life so everything is gonna fall in place. If you see day and night, the same then you are living over the life. I think this goes with the previous one previous example. So that means you see both sides of the picture, you see both sides of the argument you see both sides of everything. That’s what I mean by day and night. Let’s take day and night and the literal sense. So you look at the day you feel good, you look at at night, you also should be feeling good. And everything in between you should also feel good. You look at everything in between the same, not only just a night. So every individual is the same every situation is the same regardless of affiliations and their own religious beliefs. Every individual is an individual if you start looking at drawing the equals, that’s what I mean by day and night you are able to draw equals and you are able to put everything on a similar plane then you are living over the life. You see it takes a lot of intellectual power and a tremendous amount of empathy to really get to that state very few people get to that state.

And finally, the last one is, at any given point in time you are free of self-imposed limitations. The single biggest problem that we as humanity we have is that we, despite our best knowledge, and as part of our best access to the best, best information, tend to limit ourselves in what we are in what we can do. So the single biggest challenge that we have is us. You are your biggest bottleneck, you are your biggest asset, but you are your biggest choke, you’re your biggest resistance. So if you somehow are able to remove your self-limiting beliefs, and all the limitations that you have put on yourself, then you’re good. I was talking to someone recently and said, You know, I’ve been at this for the last 10 years and nothing is happening. If you’re doing something for 10 years, it’s not happening. And this gentleman was doing something that was very basic, not something significant, at least not in the books doesn’t look significant. I’m at this for like, the last 10 years, it’s not happening. I said, if you are at this for 10 years, it’s not happening. It means you overthought this nothing wrong with your skill, nothing wrong with your talent. You overthought this. So, stop imposing limitations on yourself. You got to live a free, fulfilled, and autonomous life. That cannot happen if you keep limiting yourself. I’m too old for this, or I don’t have the energy to do this. Or I don’t think I have the background to do this. Or I don’t think this is what I meant for or whatever. Fear of success, fear of failure, fear of something who knows. Okay, these are five things that are crossing my mind right now. But there could be more again, I did not develop this thought as much. I said I want to work on this. But then I woke up this morning and I’m like, Okay, I got to record the podcast, but how can I make this meaningful? Because already promised this yesterday? Anyway, hopefully, this is helpful. If it is then let me know. That’s all for now.

You enjoy the remainder of the day. Why am I saying that for a Monday? Monday is not a good day. Okay? Monday, just start. Stay focused on your goals. I’ll talk to you tomorrow. Okay, thank you.
Bye now.