This morning for the first time in a long time my son and I went to Panera Bread. We sat back and had coffee and a bacon and spinach quiche. We had a very nice time discussing TrueStar business operations. It’s a true pleasure to work with such an amazing man.
One of the items I talk about on a frequent basis is the need to change your environment and the places that you go to, for new perspectives. At the same time, I am a big advocate of habits. For those of you who have watched my videos and read the content that I have produced, you know that I talk about good habits being the pathways to success and bad habits are the ruts to failure. So today we mixed it up, and instead of hitting the office running at 5:30 am, we slept in for a little bit. We had quite the thunderstorm and rain here in Florida over the last couple of days. And since Christmas is upon us, I guess we're entitled to take a couple of hours off now and then.
While having an inexpensive outing at Panera Bread, there was a group of men in their 70s and 80s who came in after us and sat down nearby; I think we took their regular spots as I sensed a bit of discomfort on their part. Retired men across the country for many generations have gotten together at diners and coffee shops in the morning to chat; and so, this was not unexpected. About fifteen minutes after all of the men had arrived and settled in, one of the fellows was telling a story about a video that has gone viral on YouTube involving a glitter bomb.
You may have seen the video it's about a guy who is an engineer, and he created a device for a package on his front porch that would explode harmlessly and send glitter all over whoever stole his package from his front porch. He also created the package so it would emit an obnoxious odor. A stink bomb if you would. So, as a result, the fellow telling the story to his friends looked over and saw my face and said did you see that video too. I apparently had an expression where I was aware of what he was saying. I responded I wasn't eavesdropping but yes, I did see the video and it's excellent. From there a great and pleasant conversation ensued and so for the next hour, we developed temporary friends at Panera Bread.
I do not know their names and may never see them again, but it was interesting to listen to different people expressing different ideas about politics, the economy, money management, and YouTube videos. Also, it should be noted that one of the gentlemen shared an idea that we thought was absolutely brilliant that will involve a simple manufacturing device that I think we're going to take a shot at. One of the items were going to begin exploring in the next few days is the manufacturing opportunities in China to create this device that this fellow was sharing. And once again, I’ll say: “You never know what will come to mind when you engage in life.”
And so, the point of this blog is to remind everyone that every opportunity presents unique situations to learn. Learning is a life-long adventure, and it can be done at any time and any place as long as you are in the right frame of mine and attuned to learning new things. Unfortunately, a lot of people that I've come in contact with lately are in a rut and cannot seem to get out of their ruts.
It's been somewhat frustrating from a business management standpoint to have people inquire as to what we do at TrueStar Advisors, and do not understand, no matter how it’s said, that fixed cost investing is by far-and-away, is better because it’s simple and works. Fortunately, more than enough do get it and it’s a high enough percentage to keep the firm profitable, but again, why everyone doesn’t..., you know the rest.
As a result, what we have done here at TrueStar Advisors is to focus heavily on ignoring. The opposite of focus is ignoring and one of the items I believe is critical that you, me, and we, all need to do is to ignore 99.99+% of what goes on in the world because. Why? Because 99.99% of what is happening doesn't impact us. But today I had an opportunity to engage and share with half-a-dozen fellows who are about my age, and I learned some neat things. None of these men are likely to ever become a friend or client, and I may never see them again, but I left with information and insight from them, and that's important.
The overall point is to this take every opportunity to improve yourself because if you don't, you're going to get into a rut and ruts lead to failure. Simple awareness and solutions to complex problems is what Occam’s Razor is all about.
At TrueStar Advisors, we believe that each client is a true star, we are the advisor, and when we work at keeping it simple, it’s better.