Why it's easier to learn from failure than success: success is like advertising, half of it works and half doesn't, but it's very difficult to tell which half is which.
Failure, especially big failure, clears the air.
The test of a way of life is in it's durability. Does it work?
Just as, when you buy a new chevy, you see them everywhere so also when you come up with a good idea it seems to work everywhere.)
Are you really intuit?
Meaning, if you were to start a business, would you be able to determine whether you were making any money?
Not as easy as it sounds.
Money is elusive. And fungible.
Money is like a pleasant smell. It's attractive, yet can dissipate all too easily in a moderate breeze. People who can keep tight control of money are characterized by the word "grasp". To maintain a tight grasp on money is a time-honored system for controlling the location of every dollar.
When the first inclination is never to spend anything, ever, then money loses its fungible quality, i.e., its ability to become anything else, easily.
Miserliness, as a hard rule, works, though its inflexibility will eventually undermine a life built on passion.
Above all, MONEY functions best, not as the motor of a business but as the electricity which powers the motor.
Electricity surrounds us, not necessarily to be accumulated for its own sake, as misers, but to run our various motors, the passions of our lives.
Business plans control money,too.
A business plan demands thinking clearly about what we want, how we expect to get there, and, in the process, why we even want to try.
Not so dissimilar from a LIFE plan.
The first step in formulating one's business plan is, therefore, to take charge of one's life.
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