In this episode we are discussing our need to seek margin first and fast as investors. Understanding and creating free space in our personal lives as well as our professional, economic, spiritual and relational lives is paramount in making good investment choices.
Margin is the 3rd Value in our Mindset of an Investor series and is paramount in framing the lifestyle of investment.
Our process is simple:
Arena - what lanes you are running in and what is the purpose of you being there - in short, what is your personal mission statement and is it congruent with God's purpose for you and your community.
Assessment - how much energy is required in the following areas of your life:
Is there harmony being these spinning plates? Do you understand the affect that each category has on the others?
Automate - what steps can you take to automate certain activities - to put them under daily discipline and practice. In addition, what areas can be handed off to professional to steward or to quarterback on your behalf.
Resources/ Mentions:
Ryan Hreczkosiej (pronounced "Ricochet")
Contact:
Mike Hatch - mikehatch@thebluecollarmoney.com
PW Gopal - pw.gopal@thebluecollarmoney.com, pwgopal@pwgopal.com