Risk lies in two areas: the Investor and the Investment
here are a few questions to consider when evaluating both yourself and the investment you wish to pursue:
INVESTOR
- How safe is my job market?
- How safe is my job?
- How is my mental margin?
- Have I finished my safety plan (wills, trusts and insurances)?
INVESTMENT
- Productivity potential revolves around due diligence of the market, market position or share of the investment and your due diligence.
- Assess risk and disruptors (See IMN Special Assets conferences)
- Lane of Investment - we see picking a lane of investment as paramount and we use a simple formula: Values + Gifting + Wealth of Knowledge + Cash Flow = Lane of Investment
- Surrender the Outcome
- Count the small wins and continue learning from the wins and defeats
- Find a good solid set of coaches to walk you through the rhythms of each industry.
- Find people to learn with - vision comes from many eyes and wisdom follows.
Contact:
PW Gopal
pwgopal@pwgopal.com
pw.gopal@thebluecollarmoney.com
thebluecollarmoney.com
pwgopal.com
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pw.gopal@thebluecollarmoney.com