I strongly believe if you do one hard thing for 10 years in a row, you will achieve results far beyond your expectations. Don’t quit before giving your effort a chance to produce amazing results.
My belief of working on something for 10 years to achieve mastery first came from going to high school for four years, college for four years, and then finally business school for three years part-time. It wasn’t until after I went to business school that I felt like I had a solid grasp of finance.
10 years also comes from my experience working at one firm from 2001 – 2012. After 10 years, I realized a lot of good things can happen to one’s career and net worth.
10 years also comes from investing in the stock market and real estate market. Unless you’re extremely unlucky, chances are high that you will earn a nice return on your investments in any 10-year period.
10 years also comes from my adventures in achieving a 5.0 tennis rating at age 39 after starting with a 4.0 at age 29. Tennis ratings generally plateau or go down after 30. But after hundreds of hours of practice, it’s possible to get better.
Finally, 10 years comes from publishing 3X a week on average between July 2009 to July 2019 on Financial Samurai. I expected there to be a correlation between effort and growth. But I did not expect this site to grow to its existing size.
In this post, I’d like to share some personal thoughts to help you stick to your craft for 10 years or longer.