Be a Custodian of Dreams
I feel that one of the most important things that people can do is inspire one another. I have heard this called, “Being a Custodian of Dreams,” which means to take care of them, and have respect for them. In all reality, many of the dreams that people have don’t seem that achievable to me. That does not matter though, since they are a completely different person, they are going to have different ideas. Having your dreams respected is very important to every age of investor, for some people do not begin to try out their entrepreneurial wings until their forties. Here is an excellent example of what I consider the wrong thing to do. I wrote one of my teachers, who is a business broker, and asked him for advice on owning numerous businesses in the future. Here is his reply…
Mark,
Owning multiple businesses is very time consuming and requires a strong reliance upon in-place management. You are subject to employee theft, uneven quality and service, and winding up with a portfolio of under performing businesses because you don't have adequate time to identify and solve problems. Let's discuss this before/after a class or during a break.
Dave Stradal
Now, why would someone do this? Although I understand that what he is telling me is true, that doesn’t answer my question, and it doesn’t encourage me to achieve my dream. Did I discuss this with him later? No, I don’t want to take advice from someone who thinks that my dream of owning multiple businesses is not likely. I still have a lot of respect for the man, and I still am un-wavered from my dream, but my point is: Never try to discourage someone away from his or her dreams. Not only will it usually upset them, but also there is no real point to do it anyhow. I will end with this thought…
It is impossible to tell where someone is at on their journey to financial freedom, so never underestimate the power of encouragement.
Good Luck With Everything!
MDZ
Mark,
Owning multiple businesses is very time consuming and requires a strong reliance upon in-place management. You are subject to employee theft, uneven quality and service, and winding up with a portfolio of under performing businesses because you don't have adequate time to identify and solve problems. Let's discuss this before/after a class or during a break.
Dave Stradal
Now, why would someone do this? Although I understand that what he is telling me is true, that doesn’t answer my question, and it doesn’t encourage me to achieve my dream. Did I discuss this with him later? No, I don’t want to take advice from someone who thinks that my dream of owning multiple businesses is not likely. I still have a lot of respect for the man, and I still am un-wavered from my dream, but my point is: Never try to discourage someone away from his or her dreams. Not only will it usually upset them, but also there is no real point to do it anyhow. I will end with this thought…
It is impossible to tell where someone is at on their journey to financial freedom, so never underestimate the power of encouragement.
Good Luck With Everything!
MDZ
posted by Mark Zimmer at
10:04 PM
2 Comments:
I believe being able to communicate with someone and letting them know what you need from them and how you perceive what you are getting from them is a key to getting what you want.
It is a possibilty that your teacher did not know you were looking for encouragement and support for your dreams. You asked him for advice and he gave you the best advice he could and was probably trying to "protect" you.
Asking for support and asking one's opinion are two different requests.
I say this lovingly.
By
st, at 6:11 PM
Thank you for the responses! Feed back is always appreciated. Undaunted, you make a very good point here, and in the furture I will be more careful to either ask for advice, or encouragement. I still believe that can encourage people while giving them advice, but my opinion is just one of many.
Good Luck With Everything!
MDZ
By
Mark Zimmer, at 9:13 PM
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