This is Part 3 in the Series – if you have not read the first 2 parts, I recommend you go right to the bottom of this Blog and you will find links to them – read those first or it probably won’t make a whole load of sense (ok, I will concede that it might not make much sense even after that !!)
I think it is worth , regularly considering your actions and whether they are helping or hindering your progress. As such here are 10 behaviours that I will be looking to improve over the next few months.
That said many of these are areas I have been working on for some time – It is a journey not a destination.
In a hundred years, when most people reading this and the person writing this are long gone, Musk’s cars and rockets will still be circling the Earth and the skies. How can such a person get started against all odds is the question I ask here. And, more importantly, what can we learn from him?
The Psychology behind the ‘No Maximum Size’ approach
Right, now we are finally onto the nitty gritty of the Blog Series – sorry it has taken so long but I felt a strong need to set the scene in Part 1 and make sure Readers had a decent understanding of what the Techniques practically meant before we plough on with the Psychology and Thought Processes lying behind them. If you have not read Part 1 yet, I suggest you read that first as this one may not make a whole load of sense otherwise.
We are coming to the end of November and it is pretty clear the Xmas Bells are ringing loud and clear – my local radio station is beating out the painful Xmas ‘hits’, TV Ads are in full swing and the weather has certainly got that Xmas nippy feel to it. December is normally the strongest month of the year although the ‘Santa Rally’ tends to happen right at the end and often in the gap between Xmas and New Year – but the trend is very strong and I am happy to be going into this final month of 2016 with only a small Short Position on the FTSE100 which if we get a pullback in the early days of December I would be quite happy to close out.
In our new series, Making Money, we’ll talk to entrepreneurs, business leaders and celebrities about how they made their fortunes. In the first of our Q&As, we catch up with one of the UK’s most successful entrepreneurs, and prophet of the financial markets: Jim Mellon.
A Sunday Times Rich List stalwart, Mellon is well known for his views on ‘disruptive technology’, and opportunities in bioscience which he sees as being the winning investment sector of the future. In this interview he reveals his earliest financial ambitions, how his background shaped his attitudes and led him on the road to being a multi-millionaire. The entrepreneur also offers clear advice as to how we can all emulate his success.