Every once in a while an opportunity comes along that doesn’t just tug at your wallet but also at your heart. There are authors and Gurus who will tell you to only work on what you love and invest in what you care about without concern for rewards or returns. There are also those who will tell you to put all feelings, emotions and intuition aside and take a completely logical and analytical approach to your endeavours and investing. May I propose a balance of benefits of both. I’ve played both sides of the spectrum both in investing and in my past businesses. I have found that both paths have great benefits, yet each has it’s limitations and sacrifices. Not knowing all the details can land you in a well paying project that hurts people in a third world country, or being involved with an investment that makes a huge difference in the world but leaves you worrying about whether your retirement funds are in jeopardy.
In today’s uncertain economic climate it is easy to see how important the need is for safe secure investing. It is also important to note that there is a shift in the global marketplace where trust, honesty and transparency takes precedence over high returns and flashy advertising. Trust today is more important than ever. It’s not that it ever wasn’t it’s just that people are becoming more aware of it’s necessity. You must know who you are dealing with, what they are doing and why they are doing it.
Every once in a while, you need to step back and refocus, re-evaluate and reorganize your financial objectives. When you do this make sure you are partnered with the right team of people. Partner with those who have like goals and values that not only will make you sleep well at night but also provide you with fantastic returns. Many years ago my Martial arts Master, Yang Jwing Ming told me to only do things that benefited me, others and the greater good. A win/win/win if you will. Try it, it’s million dollar advice.