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| MarketplaceStar Wars PinballPosted on April 2, 2010. The power of designing your destiny Let me illustrate for you a familiar example of the power of goals. In 1952, there was a study on the impact of targets on the batch of graduate students at Yale University. When asked how many of them have clear written goals and only three percent responded. The remaining ninety-seven per cent, although it is very intelligent and hardworking, had no road map where they would be five to ten years after graduation. Twenty years later, in 1972, a follow-up study was performed on the class of 1952. What they discovered was shocking, the combined income of three percent who had clear goals was greater than the entire income of ninety seven percent combined! Was it just a coincidence or the fact of having clear goals have a real impact on personal and financial success of a person?
A classic example is the investor Warren Buffet. Is it his ability to coincidence? Absolutely not. From a very early age young Buffett was obsessed with money and made a very clear dream of becoming the largest investor in the world. Born during the Depression when his father was near bankruptcy, Warren learned the value of money and the importance of financial security at an early age.
Even before his teens, Warren knew he wanted to be rich. From elementary school and later in high school, he told his classmates he wanted to become a millionaire before age 35 (when he turned 35, his net worth exceeding $ 6 million). Because of his goal he constantly thought of ways to make money, while most other children his age would spend money from their parents.
He even memorized a book entitled "A thousand ways to make $ 1,000. At age six he began to buy bottles of coke at 25-cents per six-pack and sell them at 5-cents a bottle, giving a gross profit of 16%, as he said . At age 13, he got a job delivering newspapers and through marketing and distribution of innovative strategies, he served five hundred customers a day. At age 11, he took all his savings and started investing in the stock market. Its first investment was three shares of a company called "City Services". While most children her age were reading comic books, Warren has spent his time reading the annual reports of companies.
At age 14, he started a pinball company, earning $ 175 per week, provided that the former averaged 25 years earned in 1944. Would he have taken all these actions, if he has never set a goal to be rich in the first place? Of course not. It was clearly because of its focus energy and action that allowed him to become the best at what he does.
What if you have no clue as to what path to business or career to take? Well, that's OK! Sometimes, just set a specific financial goal will get your mind thinking and lead you towards the right path. Before George Lucas left his hometown for the university, he has already predicted he would be a millionaire when he was thirty. However, at this time, his passion and his dream was to do as a race driver. This was after he suffered a terrible accident he began to change his mind on this career.
Only after this incident he decided he wanted to become a filmmaker. Because of the emphasis on pushing himself to be the best in everything he did, he became a millionaire at age 28. However, as I mentioned in chapter three, the primary motivation driving millionaires is not the money they make, but the passion they have in what they do. The financial goal they game is only one way to measure their success. However, what prompted Lucas to give his whole face insurmountable odds to finish Star Wars was not the money that would, but his dream of seeing his fantasy come to life on the big screen.
Tiger Woods.
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