Embrace Opportunities and Be Flexible in Your Plan

plan; embrace opportunities

Embrace Opportunities and Be Flexible in Your Plan

Life is a journey and the race is usually not won in a day. While it’s important to plan ahead and it’s a good idea to map out your future, the fact is things don’t always go according to plan. Thus, it’s very important to be flexible and accept the things you can’t change and focus on the things you can control. I spent some time with Gary Rodgers, the former Chairman of Safeway Inc., which he was instrumental in selling to Albertson’s in early 2015 for $10.4 billion. Before that, Gary was the chairman and CEO of Dreyer’s Grand Ice Cream, which he and his partner, William F. Cronk, built into the largest ice cream company in the United States and then sold to Nestle in 2006 for $3.2 billion.

Don’t Over Plan
Gary has a long and successful career and those were just two of the stops along the way. When I spoke with him I asked him what message he would give to the up-and-coming generation today? “I think the first thing I’d say is don’t over plan. You know I have a theory that if you get the days right then the weeks will be right. If you get the weeks right the months will be right. And if you get the months right the years will be right and so on.” Gary shared one of his routines with me and said that each night he sits in his hot tub for 10 minutes. While he soaks he said he only thinks of two things: “Number one: how did today go, what did I do? And then I think about tomorrow, what’s on for tomorrow? Who am I going to meet, what do I want to cover? And it isn’t being self-critical, it’s just being thoughtful and prepared.”

Focus on the Moment
Gary said he believes that you only get one life so you better make the most of it while you can. He tries to focus on the moment and get everything out of each opportunity that he experiences. He said life is very hard to plan. “Lots of times you young people have a five-year plan or whatever, but those plans almost never work out. There’s too much randomness in serendipity, in life. The Boy Scouts have a motto: it’s Be Prepared.” He said he has discovered that it’s very important to be able to cope with opportunity whenever it comes your way. He believes that all of us will have more opportunities than we expect. However, some people are prepared to turn those opportunities into the successes and others aren’t.

Be Prepared & Follow Your Passions
“When I look back at my life most of the successes I’ve had I didn’t think about, I didn’t plan. They just sort of happened. But I was able to deal with the opportunities when they came along.” Gary also encouraged today’s younger generation to follow their passions. “You should never spend a day of this life bored or doing something that you find distaste for, or something that doesn’t lead to something worthwhile for you. Enjoy the journey, go for the gusto.”

We hope you found this article about “Embrace Opportunities and Be Flexible in Your Plan” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in
The Roots of the Family Business

The Roots of the Family Business

The Roots of the Family Business By Elizabeth Bowden-David As entrepreneurs, my husband and I take every opportunity to teach our children about the family business. They are still pretty young, so we stick to basic concepts such as product, customer, revenue, cost, and profit. Many of these discussions take place around the dinner table…

Taxable Investment Account

Taxable Investment Account

  Be Careful What You Put in Your Taxable Investment Account By Kent Livingston Mutual funds are a great option for anyone who wants to invest his or her money in the stock market but has limited time, money or knowledge. In short, mutual funds offer a simple way for just about anyone to play…

Tax Planning Strategies for the 3.8% Net Investment Income Tax

Tax Planning Strategies for the 3.8% Net Investment Income Tax

Tax Planning Strategies for the 3.8% Net Investment Income Tax Anyone who has any kind of investment income has probably wondered how tax laws will affect that income. Investment income can vary and the tax laws differ as well. As with many tax laws, how much investment income you actually make will play a big…

Startup Technology Is Not Enough to Start a Movement

Startup Technology Is Not Enough to Start a Movement

Startup Technology Is Not Enough to Start a Movement How many great ideas for a startup companies do you know of that never really got off the ground? Startups are a dime a dozen and the majority never become successful. Even some of the best ideas and coolest technologies fail to reach their full potential. These…