[E23] Just Do It: Why Smart Money Always Moves

<p>If you’re anything like me, you know there are decisions you need to make with your money, but you’re hesitant to take action until you feel like you’ve read enough books, listened to enough podcasts, or talked to enough people. </p><p>And while I’m all for research, there comes a point when you just have to do something. You have to take action. </p><ol><li><strong>Potential Energy vs. Kinetic Energy</strong><ol><li>Learning vs. doing</li></ol></li><li><strong>If you’re 80% there, act now.</strong><ol><li>Use what you know and do what you can</li><li>Observe what happens, learn from the mistakes, iterate to great</li></ol></li><li><strong>Progress not perfection</strong><ol><li>The goal is not to do something perfectly</li><li>If you look at the people who are most successful with their money, they’re rarely the people who took years and decades to carefully plan everything out. They took action, made mistakes, and learned from them.</li><li>Show me a successful person, and I’ll show you someone who has a long list of mistakes and failures in their past. (Why do we glorify these stories, yet try to pretend like we can be the exception to the rule?)</li></ol></li></ol><p>Resources:</p><p><a href="https://taraenergy.com/blog/potential-and-kinetic-energy-explained/">https://taraenergy.com/blog/potential-and-kinetic-energy-explained/</a></p>