The Katana 12/14: What’s Your ONE Word Definition of Happiness?

katanaProgress comes to mind.  Not the words money, health, success or even family, just the word progress.  You can have a wonderful loving family, but what if you have poor health?  Are you still happy?  The cancer patient who successfully conquers his disease is probably happier than any healthy person will ever be, at least for that moment in time.  That’s progress.

The problem with progress is that it gets harder and harder to move forward with each progression.  If you’re a publisher, take your Alexa ranking for example.  When you first start off, each monthly improvement may be by 1 million.  The next month’s jump slows to 100,000.  Finally, your rate of improvement is only 1,000 until you start losing interest.  Your ranking may not mean much, but it’s fun to track and it will keep you motivated when you first start out.

Another example is work.  The guy in the mail room who gets promoted to the front lines that week is happier than the woman who’s been head of the office for the last 10 years.  For the next 10 years, I’ll take the junior guy’s work happiness over the established woman’s work happiness any day.

So what do we do once we hit a wall? In Randy Pausch’s Last Lecture, he says,

“Brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to show how badly we want something. Because the brick walls are there to stop the people who don’t want something badly enough. They are there to keep out the other people.”

I’m determined to scale that damn brick wall and find out what’s on the other side.  Are you?

Keiju,

Financial Samurai – “Slicing Through Money’s Mysteries”

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The Samurai Mask: An Interview With The CEO of BULLDOG Gin

 

A Brazen Breed of Gin

A Brazen Breed of Gin

I’m pleased to highlight a new series of articles focused on understanding the thoughts of successful entrepreneurs.   For our inaugural series, entitled, “The Samurai Mask,” I speak with the CEO and Founder of BULLDOG Gin, Mr. Anshuman Vohra, 31.  “Shu” was once a JP Morgan Banker who gave up his lucrative career to start BULLDOG Gin three years ago.  I was very inspired after watching his story about overcoming rejection on Donny Deutsche’s “The Big Idea” and I’m pleased he’s here with us today.  This is his story about finding entrepreneurial success, and going against the odds.

INTRODUCTION

FS: Shu, thanks for taking the time to speak.  First of all, tell us about Bulldog Gin, and why it is such a hot product?

Shu: It’s good to speak to you and it’s an honor to be the inaugural interviewee for your new series.  BULLDOG Gin is a quadruple distilled, ultra premium gin with dragon eye and other distinctive botanicals.  This is not your old folks gin, but a younger, brazen breed of  gin that you can imagine Steve McQueen and James Bond drinking.

You’re Rejected! How I Use Rejection To Motivate Me Every Single Day

Unless you’re perfect, there will be times when things don’t go your way.  You’re last to be picked in PE class, Yale says, “thank you, but no thank you”, and your girlfriend/boyfriend dumps you for another man/woman.  Do you start sulking?  Or do you get up, get angry, and prove to yourself you’re worth it?

Some people are so afraid of rejection, they never put themselves out there.  They reject themselves before even giving others a chance!

Lame Excuses:

“Why would this school accept me?”

“Why would she want to talk to me?”

“I don’t deserve a raise so I’ll never ask.”

“I’m not good enough to work for this firm, so I won’t bother applying.”

“What if everybody thinks what I say is stupid?”

“My writing is horrible, why would anybody want to read anything of mine?”

These types of thoughts crush dreams, lead to low-self esteem and mediocrity. 

Change the way you view rejection with these 5 strategies:

You’re Rich And I’m Rich, OK! You’re Still Rich And I’m Not As Rich, Not OK!

FreedomSign-1One of the points I write in “Party Like It’s 1999 – 10 Takeaways From This Recession” is that people have short memories.  Back in the first quarter of 2009, there was massive populist outrage over Wall St. bonuses.  Who could blame the people, when folks such as Andrew J. Hall collected $100 million despite Citigroup taking tens of billions in assistance from the government and is now 1/3 owned by us.

The Wall Street Journal reported that 2009 Wall Street compensation will breach 2007 levels, and Goldman Sach’s average compensation per employee will reach $734,000 vs. “only” $364,000 last year and 12% higher than 2007 peak!  WOW!  Sign me up!  I almost spit out my Honey Nut Cheerios when I read the news.  Yet, after scanning over 200 blogs yesterday not one decided to highlight this story.  Meanwhile, take a quick search of posts 10 months ago and you can see the outrage that populated the media.

Financial Samurai Guest Posts For Wise Bread!

My Victory Sign

My Victory Sign

One of the main reasons why I returned my Macbook was because I failed to get published on Wise Bread before my return policy ran out.  I figured why not have this goal in order to justify spending such a large some of money?  After all, a writer needs his tools!  Well, I’m excited to announce that my guest article on Wise Bread is now live!  Better late than never.

Please enjoy reading: “Knowing When To Walk Away – Financial Planning For An Unknown Ending”

A snippet: “People have a notion that they must amass a certain amount of money, no matter how long it takes, before they can retire. But what if it took you 40 years of work to reach $1 million, and the very next year you died?”

A special thanks to Senior Writer Linsey Knerl at Wise Bread for accepting my guest post submission and taking the time to edit.  Linsey was always so responsive, even in the wee hours of night when I was pounding away and asking her questions.  Thanks for the support Linsey.  You rock!

Please follow me and Oprah over at Twitter @FinancialSamurai.  It’s getting addicting!

Keigu,

Financial Samurai

“Slicing Through Money’s Mysteries”