Persistence – Use Good Judgment

Persistence - Use Good Judgment

Persistence – Use Good Judgment

Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved and always will solve the problems of the human race. – Calvin Coolidge

As you work on almost anything, your motivation ebbs and flows. But motivation does not produce results — action does. Persistent action even when you don’t feel motivated will accumulate results. Even when you’re not that motivated, if you simply keep taking action, you’ll eventually get results, and results can be very motivating.

Once you’ve lost those first 10 pounds and feel your clothes fit better, you are likely to be more enthusiastic about eating better and exercising properly.

Regardless of your age or time or money invested, if the product you have developed or the service you offer or the skills you can provide are not in demand or not competitive and cannot be feasibly modified to cultivate demand or become competitive, cut the opportunity cost of wasting time and change course with something more promising.

How do you know when to press on or when to change course?

If your purpose is still right, your approach may just need to be changed. Your plan and your goal(s) may need to be updated. Clinging to a goal that no longer inspires, that no longer makes sense, may be unwise stubbornness. Let humility be the antidote for fruitless pride. Complete or delete goals to make room for better ones. New goals can be so inspiring and compelling that old goals have to be abandoned unfinished. Wise discernment and good judgment dictate when to stay the course or change course, when to switch gears, when to stop an unfinished pursuit or persist against all odds.

The value of persistence comes not from just stubbornly clinging to the past, but from a vision so compelling you would give almost anything to make it real. Persistence of action comes from persistence of vision. When you are crystal clear about what you want, your vision persists. As your vision thrives, it drives more consistent actions to produce more consistent results.

Examine your life and the lives of others to see patterns of persistence where purpose, passion, and self-discipline produced greater results.

Keep up the good work to fulfill your most inspiring vision and endure to the end.

We hope you found this article about “Persistence – Use Good Judgment” 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 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

Who Really Qualifies as a Dependent for Taxes?

How many dependents do you really have? Who can really be counted as a dependent? These are some of the most common questions that all taxpayers have. Can you count all of your children, live-in help, or perhaps a dog or other family pet? What about a friend who decides to crash at your place…

Obama Looking to Stick the Wealthy With Even More Taxes

His second term in office is winding down, but President Obama would still like to raise taxes on high net worth individuals before he checks out of the White House at the beginning of next year. Although the president has already taken several measures to raise the effective tax rate on the wealthy, he is…

7 Leadership Traits

Which Tax Breaks Help High Net Worth Taxpayers the Most?

It’s no secret that the United States government generally taxes high net worth individuals at a much higher clip than those in the lower- and middle-income brackets. However, despite that fact, there are still many provisions in the tax system, if used properly, can help wealthy earners save on their taxes. So what are some…

Tax Preparers Get Busted for Fraudulent Practices

Every tax season is full of stories and tales of people who go to great lengths to avoid paying taxes. In addition there are dozens of reports of unscrupulous tax preparers that get caught trying to cheat the system: either their clients or the IRS, or both. We want to share a few of those…