All blogs

Monday Morning Motivation - Preparation

First published on
April 9, 2018
Updated on
February 15, 2021

Are you focused enough on preparation?

Curt Stowers, CFP®, PhD, MS
Curt Stowers, CFP®, PhD, MS
President & Financial Advisor

Sharing Resources to Help You Grow Personally, Professionally & Financially

Sometimes it helps to get a little dose of encouragement-along with a good cup of coffee!-to start the day. Today we discuss preparation.

Hopefully the message below will help you get off to a good start for the week.  Please feel free to forward the newsletter on to others that you think would benefit from the content.


Preparation


I love to fish-Bass fishing in particular. But I may love the preparation to fish even more than the actual fishing!

Every winter, I take the time to go through all of my tackle. Now that may not sound like a big deal to many, but you have to realize that I own enough tackle to put Bass Pro Shops to shame! Inventorying the baits, checking the rods, re-spooling the line, organizing the boat, cataloging the waypoints from the past year, reviewing the notes from my trips-the list goes on and on!

I freely admit that I overdo it. But it does deliver results. When I am on the water, I know where everything is. My research has my mind fully stocked with a history of what has and has not worked in the past. While I don't always catch the fish, more days than not I am able to outperform others on the water.

IMPORTANT POINT: This is not because I'm a better fisherman-there are lots of folks that are better at actually catching the fish. It is because I spend the time preparing-because I have tilted the odds in my favor. And tipping the odds in my favor pays off more times than not.

I have used fishing to illustrate an activity where preparation is critical. I have also used it to illustrate that, even with proper preparation, success is NOT guaranteed, AND the other guy who does not prepare will sometimes catch a bigger fish than you do. We can NEVER fully control the outcome. However, we can control the preparation, which maximizes the probability that we will achieve our desired outcome.

  • Preparation is critical to maximize the probability that we achieve our desired goals personally, professionally, and spiritually.

That brings us to this week's question:

  • Are you focused enough on preparation?

Thanks for sharing a bit of your time with me this Monday morning.  

Have a great week!

Curt

 

About MMM: Each week I publish "Monday Morning Motivation" in the hopes that at least one person will find a bit of inspiration and that this inspiration will have a positive impact on their life. My motivation comes from experiences, reading, sermons, and discussions.

Photo credit: Natsuki on unsplash.com


Blog post from this past week:

F5 Financial

F5 Financial is a fee-only wealth management firm with a holistic approach to financial planning, personal goals, and behavioral change. Through our F5 Process, we provide insight and tailored strategies that inspire and equip our clients to enjoy a life of significance and financial freedom.

F5 Financial provides fee-only financial planning services to Naperville, Plainfield, Bolingbrook, Aurora, Oswego, Geneva, St. Charles, Wheaton, Glen Ellyn, Lisle, Chicago and the surrounding communities; to McDonough, Henry County, Fayette County, Atlanta and the surrounding communities; to Venice, Sarasota, Fort Myers, Port Charlotte, Cape Coral, Osprey, North Port, and the surrounding communities; and nationally.

We'd love to have the opportunity to hear about your situation. Contact us here to schedule an appointment for a consultation.

Learn more about What We Do.


Helping You With

Wealth Preservation - Wealth Enhancement - Wealth Transfer - Wealth Protection - Charitable Giving

 

Got questions?

Apply for a free Financial Health Cycle Snapshot call with our team to get all your questions answered.

Book a Call

Join Our Mailing List

Learn how to build a life of freedom and significance with the right financial habits

By clicking Join Mailing List you're confirming that you agree with our Privacy Policy

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.