BUILD IT. PROTECT IT. PRESERVE IT.
PLANTING SEEDS FOR THE HARVEST
FOUR KEY PRINCIPLES FOR MAXIMIZING YOUR INVESTMENTS
YOU REAP WHAT YOU SOW. In the New Testament of the Bible, “reaping what you sow” is a common way of saying that what you get out of an investment is equal to what you put into it. That means the more time and money you invest, the more you’ll gain when it comes time to harvest. We can’t expect an incredible return on an investment when we haven’t put in all the work to make that return incredible. A PART OF ALL I EARN IS MINE TO KEEP. One book on investments that has stuck with me is “The Richest Man in Babylon,” which brings timeless principles on investment from an ancient civilization to modern readers. One of those principles is that all you earn is yours to keep. When we receive income from our work or our investments, our first instinct is often to pay off our debts. This leads many people to adopt the mindset that our money is not our own — even though it is. While you should pay off your debts, you should never do so at the expense of bolstering your savings. That way, when the rainy days come, you’ll be able to pay for a roof over your head. INVEST IN YOURSELF TO INVEST IN OTHERS BETTER. March 16 is my mom’s birthday. She’s been one of my foremost champions throughout my life, and I owe a lot to her, including the final investing principle I abide by — always invest in yourself so you can invest in others better. The more you harvest, the more you have to share. I’ve always tried to better myself, and that’s ultimately benefited my clients. My team and I go to different workshops and seminars to learn how to serve clients better, and I always try and have the best equipment we can afford to do the best job possible for our clients. As you plant your gardens or sow seeds in your fields this spring, think about the ways you can invest your time and money to better yourself. In turn, you’ll be able to help the people around you all the better.
Whether you’re a farmer by trade or you just have a garden you tend in your backyard, planting seeds is probably on your mind once spring approaches. You want to make sure you plant your seeds on the right day in the right kinds of conditions so you’ll get a nice, big harvest in the late summer or early fall. This also applies to any kind of investment, whether in your finances or in your business. I’ve drawn on four different principles from lessons learned in my life — all of which deal with farming or planting seeds to some extent — for wisdom in my investments. I can honestly say they’ve paid off, and I would like to share them with you. PREPARE THE GROUND. Before the seeds even go in the ground, you have to make sure the soil will provide the seeds with all the nutrients they’ll need to grow. This has always made me think of earning your white belt in Karate. The white belt is a symbol that you have “prepared the ground” in your training and that you are ready to grow more in your knowledge as you advance in the belt system. Without that foundation, you’d never be able to grow as a martial arts student. Wherever you decide to invest your time or money, make sure the conditions are conducive to good growth.
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