There is one word that constantly comes to mind, and over the years, I have come to understand that it can change everything and make a significant difference between success and failure. That word is "focus." No matter how much you desire to learn about something, true understanding only comes when you focus.
We have been introduced to numerous financial principles, but one that is frequently emphasized by motivational speakers and financial experts is the idea of having multiple streams of income. Undoubtedly, having multiple streams of income can provide financial freedom and breakthrough.
However, those who have succeeded in building multiple businesses under their portfolio first focused on one business to ensure its success before contemplating the next profitable venture. Trust me, no businessperson would consider adding another business to their business portfolio if they knew it wouldn't be profitable. They first had to focus on one that generated significant income, work on it, and nurture its growth before branching out.
It's not about doing many things that make one's life better, but rather, it's about focusing on just one thing. I see this simple act reflected in everything we do in life. You can never achieve true success until you start paying more attention and concentrating on your chosen path.
Three years ago, I became fascinated with the idea of starting businesses, driven by the principle of having multiple streams of income to achieve success. I decided to venture into the transport business by purchasing a vehicle. Unfortunately, it turned out to be a complete failure, and I had to sell the vehicle to recoup my invested capital. This experience made me swear off the transportation business altogether.
Even while I had the vehicle in operation, I was constantly searching for another opportunity to invest in and considering how I could use the daily earnings from the vehicle to start another business. However, my lack of focus and failure to truly understand the transportation business led to my failure. I made a promise to myself never to venture into the business again.
Fast forward, I eventually succeeded with my business endeavors involving two more vehicles, despite my initial vow never to pursue the transportation business again. I learned from my past failures and decided to take another risk in the same field. The key to my success was the unwavering focus I had on that particular business.
I dedicated time to understanding it, employed capable individuals to run the operations, and committed myself fully to its success. In the end, it was the newfound focus I had, both on the business itself and the people involved, that led to my success. It taught me the importance of focus and learning from failures in order to achieve success in any venture.
Many things can capture our attention from time to time, but what truly matters is what we choose to focus on. It is through unwavering focus and continuous learning that we gain mastery. In the ever-tempting world of materialism and ambition, individuals who lack focus on their true desires can easily get caught up. Those who don't stay focused on what truly matters to them can easily become distracted or influenced by other unimportant factors.
We often witness people pursuing something and if they succeed, suddenly everyone begins to chase after the same thing. However, this tendency of imitating or following others is often an erroneous decision made by most people. It is a fact that if we all choose to follow one thing we believe will bring success, not many find success in that same idea that is thought to bring success. There is something that everyone could excel at more than the many things we see others do, which often distracts and leads to a loss of focus.
There is always one thing that can lead us to success, which perhaps we have not paid attention to, but instead, we allow what others do to distract us. Maintaining focus is crucial in achieving our goals and finding true success. It requires identifying what truly matters to us and dedicating our energy, time, and resources towards it. If we keep our attention on what's important, we can avoid getting influenced by short-lived fads or what other people are doing. Instead, we can follow our own special way to find success or achieve our goals.
