There are two ways to approach investing:
Preparation-first
Action-first
Preparation-First
• More research
• More learning
• More planning
Advantage: Feels safe
Disadvantage: Slow progress
Action-First
• Earlier execution
• Faster feedback
• Faster improvement
Advantage: Rapid learning
Disadvantage: Higher perceived risk
The Reality
The investors who progress fastest are not reckless.
They are:
• calculated
• prepared enough
• willing to move
Action Step
Ask yourself:
What is the smallest step I can take this week to move forward?
Discussion Prompt
What is currently holding you in preparation mode?