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Question: What is the correlation between business owners and ADHD?
Answer: Where did I leave my keys?
There are a lot of qualities that make it possible for somebody to be successful as a small business owner.
➡️ Intelligence
➡️ Obsession with finding a solution
➡️ Finding the quickest way to complete a task
➡️ Confidence
➡️ Reluctance to do low-value tasks
➡️ Creativity
The positive aspects of ADHD also come with certain less desirable qualities as well.
⬇️ Trouble beginning tasks
⬇️ Difficulty Focusing except when Hyper Focused
⬇️ Inability to delegate tasks
⬇️ Trouble Organizing Thoughts and Workspace
Is this a flaw or a feature?
@ASkiba01 Thanks for the input. Either way I’m getting my popcorn because it’s going to be interesting.
The impacts are going to be felt for years to come and shape the future of later stage private companies going public.
A lot of people are asking what they should do about the SpaceX IPO, so I figured I would answer everybody at once...
I don't know. 🤷♂️ 🤷♂️
Stocks go up and down for countless reasons on a daily basis. IPOs are even more volatile than established stocks from public companies.
Here are a few things to think about.
➡️ Retail investors are being given an opportunity to get shares instead of just the HNW/UHNW/Institutional Investors that normally get access.
➡️ Private companies have been waiting much longer to go public which has led to them going public with much higher valuations.
➡️ When a company has been private for a long time you have a lot of early investors and employees that have been sitting on shares with limited to no liquidity. Whatever happens it is definitely going to be an interesting day.
What do you think?
A lot of people are asking what they should do about the SpaceX IPO, so I figured I would answer everybody at once...
I don't know. 🤷♂️ 🤷♂️
Stocks go up and down for countless reasons on a daily basis. IPOs are even more volatile than established stocks from public companies.
Here are a few things to think about.
➡️ Retail investors are being given an opportunity to get shares instead of just the HNW/UHNW/Institutional Investors that normally get access.
➡️ Private companies have been waiting much longer to go public which has led to them going public with much higher valuations.
➡️ When a company has been private for a long time you have a lot of early investors and employees that have been sitting on shares with limited to no liquidity. Whatever happens it is definitely going to be an interesting day.
What do you think?
Question: What is the correlation between business owners and ADHD?
Answer: Where did I leave my keys?
There are a lot of qualities that make it possible for somebody to be successful as a small business owner.
➡️ Intelligence
➡️ Obsession with finding a solution
➡️ Finding the quickest way to complete a task
➡️ Confidence
➡️ Reluctance to do low-value tasks
➡️ Creativity
The positive aspects of ADHD also come with certain less desirable qualities as well.
⬇️ Trouble beginning tasks
⬇️ Difficulty Focusing except when Hyper Focused
⬇️ Inability to delegate tasks
⬇️ Trouble Organizing Thoughts and Workspace
Is this a flaw or a feature?
Anyone ever just decide to light money on fire?
Just me?
It starts with simple things.
➡️Netflix
➡️Hulu
➡️HBO Max
➡️Paramount +
➡️YouTube TV
➡️Youtube Premium
Add on food waste:
➡️ half a bag of baby carrots
➡️ a pound of ground turkey
➡️ what I think we’re raspberries
Next there’s clothes that weren’t returned:
➡️ wrong color shirt
➡️ wrong size shoes
➡️ uncomfortable socks
A certain amount of waste has become acceptable because of laziness, lack of time, or convincing ourselves that we can find a use for whatever useless thing we are addressing.
If we are not careful, this same wasteful spending can run over into a business as well.
➡️ marketing spend without analysis
➡️ consulting on efficiency not implemented
➡️ financial planning retainer paid for but meetings ignored
I honestly don’t care if people spend money on their business or not. It’s their prerogative if they want their business to grow or stagnate.
Just avoid spending money on something you don’t intend to get value from.
Is this you? 🤷♂️🤷♀️
Anyone ever just decide to light money on fire?
Just me?
It starts with simple things.
➡️Netflix
➡️Hulu
➡️HBO Max
➡️Paramount +
➡️YouTube TV
➡️Youtube Premium
Add on food waste:
➡️ half a bag of baby carrots
➡️ a pound of ground turkey
➡️ what I think we’re raspberries
Next there’s clothes that weren’t returned:
➡️ wrong color shirt
➡️ wrong size shoes
➡️ uncomfortable socks
A certain amount of waste has become acceptable because of laziness, lack of time, or convincing ourselves that we can find a use for whatever useless thing we are addressing.
If we are not careful, this same wasteful spending can run over into a business as well.
➡️ marketing spend without analysis
➡️ consulting on efficiency not implemented
➡️ financial planning retainer paid for but meetings ignored
I honestly don’t care if people spend money on their business or not. It’s their prerogative if they want their business to grow or stagnate.
Just avoid spending money on something you don’t intend to get value from.
Is this you? 🤷♂️🤷♀️
I used to be a banker, but I lost interest.
Just kidding.
I never had interest in the first place.
Before I was a financial planner, I was in graduate school studying to be a special education teacher.
Halfway through my masters degree I decided that I didn’t want to be a teacher. I wanted to work with investments.
I completed my MBA in Finance, and I figured out that I didn’t want to work with investments. I wanted to work with people.
When people ask me what I do, I tell them it’s simple.
“I educate people so they are empowered to make optimal financial decisions.”
What is your answer when people ask,
Perfect is the enemy of good.
There are too many people waiting for the ideal scenario or looking for the perfect solution.
By waiting…
And waiting…
And waiting…
You are missing out on opportunities.
➡️ you can still get some exercise even if you don’t run a marathon
➡️ try to eat a little healthier even if your diet isn’t 100% clean
➡️ develop and release a new offering even if it is bit 100% battle tested.
➡️ be there for people even if you are not sure exactly how to help.
Do you agree?
Things I never realized I needed to do until I started spending more time on social media.
1. Getting rid of my 401k because it’s a scam and replacing it with an IUL.
2. Open an LLC, buy an expensive car (that I don’t need) for personal use, include it as a business expense.
3. Work 80 hours a week and brag about how I don’t spend any time with family and friends.
4. Grow my business at break neck speed regardless of the quality of the new business coming in or work going out.
I’m sure I’m missing some, but I’m already so far behind that I’m having an anxiety attack.
What are some others that I missed?
Perfect is the enemy of good.
There are too many people waiting for the ideal scenario or looking for the perfect solution.
By waiting…
And waiting…
And waiting…
You are missing out on opportunities.
➡️ you can still get some exercise even if you don’t run a marathon
➡️ try to eat a little healthier even if your diet isn’t 100% clean
➡️ develop and release a new offering even if it is bit 100% battle tested.
➡️ be there for people even if you are not sure exactly how to help.
Do you agree?
I used to be a banker, but I lost interest.
Just kidding.
I never had interest in the first place.
Before I was a financial planner, I was in graduate school studying to be a special education teacher.
Halfway through my masters degree I decided that I didn’t want to be a teacher. I wanted to work with investments.
I completed my MBA in Finance, and I figured out that I didn’t want to work with investments. I wanted to work with people.
When people ask me what I do, I tell them it’s simple.
“I educate people so they are empowered to make optimal financial decisions.”
What is your answer when people ask,