Steadfast Finances
A Personal Finance & Investing 101 blog that delves into current events, consumer education, and techniques to improve your bottom line.
Everyone Needs a Mentor
It’s nice to see that I’m on the right track when it comes to giving personal advice. Back when I started this blog, my second post discussed the Top 10 Financial Moves I Ever Made.
Number one my list was:
Find a successful investor to serve as a mentor.
Seems I’m not the only one who subscribes to this theory!
Google’s CEO, Eric Schmidt, gives a brief 40 second interview with CNN Money in their The Best Advice I Ever Got series.
[Email and RSS readers please click to site for video feed]
Aside from the obvious benefits of having a coach to tell you what you’re doing wrong and help you get it right, Schmidt introduces an idea that I particularly struck me as interesting.
He says that:
Almost every professional performer that we follow, whether they be an actor or athlete, has a coach.
What this says to me is that it doesn’t really matter if you’re a 20s Something fresh out of college or the CEO of a major company — everyone needs a coach!
Moreover, that it’s always beneficial to have someone around to help you review your performance, even if you think you’re doing everything right.
Without delving into the depths of becoming some lame “life coach”, I do think there is tremendous value in finding someone around you to be a coach/mentor. After all, how many of us want to reinvent the wheel when it comes to any of life’s lessons or have the capacity to view ourselves as we do the athletes on ESPN.
Not many I’m sure.
1 Comments
« The Pros and Cons of Investing in ETFs Next Post
Should You Invest like a Shark, or a Goldfish? »
12:08 am
I like this post, and as a 23 year old, it’s something I am considering. I’ve had my parents as good base coaches who taught me conservative values, real estate investing, and frugal living. If you were me, how would you determine who to use as a coach as you try to become a digital nomad and financially free at a young age? There’s a lot of them to choose from.