2006 Inventory
Posted on December 29, 2006 - Filed Under Philosophy |
As this year draws to a close, I was wondering how 2006 could be summed up. At first, an accounting of my financial objectives was considered. But that doesn’t feel right to me. My quest has been to improve: improve myself, my knowledge, and my skillset as an entrepeneur, investor and individual. Those are objectives that cannot be assigned a dollar value.
Without a doubt, the year of 2006 has been a big year. With very little knowledge to guide me, I was able to complete the momumental task I had started in 2005. Namely, the refurbishing of the two houses. Even though events did not transpire exactly as planned, the end result was very favorable.
In addition, I am pleased my mind was open to other possibilities when problems arose. Two instances come to mind. First, the monumental decision to not sell the houses and instead rent them. During the first year, my thoughts were dominated with selling the houses. At the last minute, the selling of the houses would have been a detriment to my financial goals and was halted. In order to keep moving forward, an alternative route was planned. Second, with the help of my esteemed readers, an alternative solution was found for my problems with the old tenant.
There has been bumps and bruises along the way. Mistakes have been made. But there are two lessons I’ve learned. First, it’s alright to make mistakes. Fortunately the mistakes that were made were correctable. Second, I don’t have to whip myself for making a mistake. I am brutally hard on myself at times. This really serves no purpose. Afterall, governments did not collapse; wars were not started; planets did not collide because of mistakes that I had made.
One flaw that deserves my complete and undivided attention is my hardness on others. Sometimes, I do become brutal and this needs to be curbed. This feeling is not generated because of some "win-at-all-costs" type mentality. This is mainly brought on by stress. When plans aren’t working exactly as I had hoped, sometimes my self-control gets the better of me. Fortunately for those that are around me, they except this flaw. And of course my apologies.
With that idea in mind, my knew objective is going to be lifted directly from "The Four Agreements". That objective shall be "Be impecable with your word." I am going to strive to meet this objective, every day, until it becomes a way of life. This, above all else, is where the most improvement can occur.
My personal relationships with others has grown stronger. By fostering understanding, cooperation and communication I’ve been able to get more accomplished this year than in other year. Also I feel more comfortable in the fact that the relationships in my life are more solid than ever. These working relationships with those around me have added to my confidence that future projects will flow more smoothly.
With the birth of 2007 lingering around the next corner, it is with high expectations that I enter the new year. Not only for doing similiar projects like the one completed in 2006 but other, new projects; projects of different scopes. And with each success, and failure, I will be here to document those stories. Afterall, the main reason why this blog exists is to share my experiences with others.
This next year promises to be fun. There are a few experiments I’m dying to try out; new adventures I want to have.
If you liked that post, then try these...
Lump Day on June 14th, 2006
This was coming.
Inheritance Syndrome on May 6th, 2008
<outloud voice>
Gas companies recorded a $14 googleplex billion dollar profit.
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5 Responses to “2006 Inventory”
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An older version of your blog had the goals for this year stated very clearly. If I remember correctly, they were something along the lines of:
1. Realize one dream.
2. Buy a business.
3. Something about Real Estate, I think.
4. There may have been one other one.
Assessing your progress towards those stated objectives is the inventory report you owe to your readers.
I don’t agree. I don’t owe anyone anything.
I remember well the objectives that were placed on the side of my blog. Those objectives were contingent upon the sale of the houses. When the plan was changed, the goals seemed meaningless and hence removed.
The objectives I create make me accountable to one person: me. Fortunately my affairs are not subject to an archaic and unfair “boss to employee” relationship. I refuse to analyze why the old objectives were not achieved and develop some kind of recovery plan. This system may be applicable to someone who believes in working for a paycheck. But it definitely does not work for me.
Why? Because I’m King. And it’s good to be King.
Translation:
I can’t sell the houses, can’t make any money, don’t want to talk about it, and am escaping into my France Fantasy or will blow what little cash I have and actually make the trip.
Another Rich Dad Sucker bites the dust
Totally up to you whether you do that analysis or not or think about why it is or is not relevant but don’t see the connection to being an employee etc.
Moom,
The “boss to employee” connection is my imaginative way of describing the process.
First, were the objectives achieved.
Second, why weren’t the objectives achieved.
Third, create a plan of action to achieve those objectives.