{"id":1765,"date":"2019-07-31T06:51:09","date_gmt":"2019-07-31T06:51:09","guid":{"rendered":"https:\/\/adamfayed.com\/?p=1765"},"modified":"2024-05-24T06:34:08","modified_gmt":"2024-05-24T06:34:08","slug":"the-tortoise-and-the-hare-breaking-industry-norms-and-success","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/it\/financial-planning\/the-tortoise-and-the-hare-breaking-industry-norms-and-success\/","title":{"rendered":"The tortoise and the hare; breaking industry norms and success."},"content":{"rendered":"

Learning the tortoise and the hare analogy for breaking industry norms and success is crucial for effective offshore financial planning<\/a> and maximizing your financial opportunities.

For quite a few years now, I have been interested by mindset. Why do some people succeed in investing, and indeed business, and others don’t?<\/p>\n\n\n\n

Why do some people even with great talents and connections, fail, whilst others succeed? <\/p>\n\n\n\n

We have all heard the story as kids. The tortoise vs the hare. Slow and steady vs quick and unsteady. <\/p>\n\n\n\n

The moral of the story? What seems too good to be true, often is. Getting gradual success, is often better than quick success.<\/p>\n\n\n\n

This is often true. Every overnight success has been years in the making, as Richard Branson once said. <\/p>\n\n\n\n

However, stories like this often encourage people to scale back their dreams and assume that great things can’t happen to “people like me”.<\/p>\n\n\n\n

This is especially the case if you come from a class-based society, which the UK, where I am from, definitely is. <\/p>\n\n\n\n

I have met many fellow Brits, who even think 8% per year investment returns are “too good to be true”, even though the average market returns have often been higher than 8%. <\/p>\n\n\n\n

It isn’t just Brits either – countless societies have similar mentalities. When I got my first overseas posting in China, things changed for me. <\/p>\n\n\n\n

GDP growth at that time was 10%+ in China. I saw several people’s businesses, local and expat, go from $0 to $500,000 of yearly revenue in one year and more in subsequent years.<\/p>\n\n\n\n

Many people would assume that was only possible due to China’s quick development. <\/p>\n\n\n\n

However, in recent times, due to the internet, I have seen countless people increase their business and personal revenues, by using new technologies to scale and leverage. <\/p>\n\n\n\n

These people have been quick and steady. They have combined the best aspects of the tortoise and the hare. <\/p>\n\n\n\n

It sounds unrealsitic to some, but in the real world, I have witnessed more people fail because they are not even trying to win.<\/p>\n\n\n\n

They are trying to not lose, because let’s face it, society teaches us that it is “better to be safe than sorry”. <\/p>\n\n\n\n

When I first started to produce online content, few people encouraged me. Some of my content even seemed crass to some. <\/p>\n\n\n\n

Many asked “why do things like YouTube videos when you could do tried and tested things like going to networking events?.<\/p>\n\n\n\n

I didn’t care. I knew that getting attention requires some haters, some risks and some setbacks. <\/p>\n\n\n\n

It is the best thing I have ever done and when I meet people in other industries, those that break industry norms, tend to win if they are persistent enough.<\/p>\n\n\n\n

Normal actions leads to normal results. Abnormal actions leads to abnormally good results, if done with persistence for years.<\/p>\n\n\n\n

So go fast. Break norms and industry rules and you never know where it might take you.<\/p>\n\n\n\n

Ulteriori letture <\/strong><\/p>\n\n\n\n

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Come diventare ricchi investendo: Investimenti razionali basati sull'evidenza contro la speculazione<\/a><\/blockquote>