Risk
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Permission
People who succeed don’t wait for permission. — Sakfucius
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Seek
Hope alone is unlikely to succeed. You must actually seek if you expect to find. — Sakfucius
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Show Up
Nearly half of success comes from showing up with optimism. Don’t be the one who stays home and safe. — Sakfucius
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Make it Fun
In life and in business, people who make it fun are more impactful than those who stay Swiss banker serious. — Sakfucius
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Buy Low
Buy low, sell high is easy to say, but much harder to trigger when blood is trickling in the streets. — Sakfucius
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Instability Cost
Instability adds stress. People hide under their desks, avoid prudent risks, and don’t perform to their potential, yet many leaders never try to calm the nerves. — Sakfucius
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Checklist Prep
Do you check every detail on the day before your big event? Inevitably, those who assume it will all work will soon be disappointed. — Sakfucius
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Younger Entrepreneurs
The greatest advantages of a young entrepreneur is sense of overconfidence, immortality, and little to lose. If you take enough mighty swings at the ball in the dark, one may turn out to be a home run. — Sakfucius
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Older Entrepreneurs
Older entrepreneurs have many advantages such as connections, credibility, industry experience, domain expertise and the kind of relationships that can take years to cultivate. They spot opportunities and anticipate problems that others miss. — Sakfucius
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Lies
Does lying actually get you ahead, and is it worth the price you will pay someday? The more often you get away with lying, the deeper the bad habit’s roots grow, until the day when you lose someone’s trust forever. —,Sakfucius
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Risky
Many of the people who think trying something is risky don’t realize doing nothing is risky too. — Sakfucius
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Creativity
You can’t be creative if you are afraid of being wrong. When is the last time you were wrong? — Sakfucius
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Lettuce
Don’t wait long to take action on your ideas. Ideas have a shelf life like lettuce in the refrigerator — motivation wilts with time. — Sakfucius
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Action Always
Taking pretty good action today always beats waiting for perfection. — Sakfucius
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Greatness
Rarely is something great, easy to do. Does hard work and taking risks scare you? — Sakfucius
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Better to Fail
It’s better to try and fail, than to never try. Be prepared to get back up if you get knocked down, with no loss of enthusiasm. — Sakfucius
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Momentum is Fragile
Sharing too much too soon about your plans, before taking massive action, is likely to kill your momentum. — Sakfucius
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Diversification
Only diversify as much as prudent but not more. The goal is to prevent loss of too much capital on a mistake, balanced against investing as much as possible in your best ideas. — Sakfucius
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Lucky
It’s hard to get lucky if you don’t put yourself out there. — Sakfucius
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Courage
Do you think for yourself? Do you act on your conclusions? Do you defy convention? That is courage. — Sakfucius
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Limits
What if your greatest limitations are just in your own mind? If you believe you can, you will have the courage to try. — Sakfucius
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Contrarian Takes Guts
Do you zig when most everyone zags? Although rarely admitted, most people prefer to not stick out, to not have mistakes exposed and, as a result, become average over time. — Sakfucius
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Did You
Did you try? Sometimes the odds look bleak but you can’t be certain it will not work unless you actually, wholeheartedly, tried. — Sakfucius
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Risk Free
If someone sells an investment as a sure thing with extraordinary returns, run away. If any investment like this existed, it would be kept secret. — Sakfucius
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Investing Discipline
What’s your formula for investing in capital markets? If you don’t have one — in ink — you won’t be disciplined when buying or selling. — Sakfucius
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Traders Luck
Don’t trade unless you know something others don’t. Guessing what earnings, guidance, and market reaction will be, is an easy way to lose your capital and have to start over. — Sakfucius
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Fortune
Decide to be bold as you walk out the door this morning. Attitude is lighter fluid on your campfire. Audentes fortuna iuvat. — Sakfucius
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Venture Out
Have you mastered fear of failure? — Sakfucius
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Fail a Bunch
When is the last time you had a failure? If it’s been a while, you are not pushing the envelope, you are not growing fast enough if at all. — Sakfucius
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Risk vs Reward
Don’t hesitate when the odds are favorable, while not betting more than you can afford to lose. You have to strike out a few times to hit a home run. — Sakfucius
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Talk Less, Try More
How do you know any outcome unless you actually tried your idea? — Sakfucius
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The Right Advice
Recruit mentors before you need them. People love to offer advice but you must develop those relationships long before you need them. — Sakfucius
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Mojo
Without confidence, people are unlikely to take the risk, to take the initiative. What chances have you taken this year? — Sakfucius
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Tips are Traps
Hot tips are tantalizing. Do your research on an investment and don’t get in a hurry. Tipsters are often the end of a rumor started my one person and modified many times along the way. — Sakfucius
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Seek Prudent Risk
Embracing risk is the key difference between outstanding returns and mediocre ones. — Sakfucius
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Go Bolder
When in doubt, go bolder than planned, bolder than average people think prudent. — Sakfucius
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What is Your Backup Plan
Always have, test out, and bring your backup plan to every important event. — Sakfucius