Recently Bitcoin surpassed the 10k per share mark. When I first heard about them I was informed to buy in. At the time, another line of commerce seemed incomprehensible and instead of investigating and dreaming of all the ways it could work or was already working, I failed to see its value as an opportunity. And Iâ€™m not alone. So what prevents us from recognizing those diamond opportunities?
More questions than answers
A man was invited by his California friend to become part of creating a magical park. Flying teacups? Elephants? Are you nuts? Financiers didnâ€™t take the idea seriously and the man invited lots of people to join, but few took him up on the invitation. Though it took many years, Walt Disney didnâ€™t give up his dream to build Disneyland. How many people did he approach that were kicking themselves for years afterward?
Itâ€™s not all put together
Every enormously successful enterprise started out as just an idea, maybe just a sketch on a bar napkin. Iâ€™ve been slow to act on a number of projects that turned out very well for others. Sometimes we donâ€™t see the vision of a project. But if it resonates with you, donâ€™t let the small beginnings put you off.
I wish Iâ€™d gotten in with Apple when they first started, Iâ€™ve heard people say, thinking that by now theyâ€™d be riding a wave of untold wealth. Truth is, there are risks and you stand to lose something. You may have been a little put off showing up to work in a garage with a trio of young opinionated developers. Especially the day one of the key players decided to go his own way. Would you have followed him?
It’s not smooth sailing
A golden opportunity is rarely a paved road to success. These sorts of ventures are usually blazed by people undaunted by setbacks, hacking through uncertain terrain and bumpy trails. These are people who have an endless supply of faith in the final outcome and donâ€™t let obstacles keep them from pressing on. They treat every failure as a learning experience. Instead of being deflated by downturns, they study their failures using them to fuel the next step.
Success is not guaranteed
When a staff writer I know was fired from her job, she began freelance writing. Now she runs a successful writers training forum. She earns far more than she would have as a staff writer and e enjoys more freedom and flexibility than a normal 9 to 5 job. Have you ever been surprised by a layoff? Ever had a company fold? Life is a minefield of variables. Opportunities do fail but many also succeed. Despite a lack of guarantees, we grow, adapt and venture on.
So what does this mean for you?
What sort of opportunities have you seen? Which investments are you most likely to entertain, time or money? Iâ€™m not saying you should dump your nest egg and life savings into the next venture that crosses your path. Nor am I saying to quit your job and devote all of your waking moments to a pie in the sky idea, hoping fate will catch you (although it could!) All you have to do is listen to the idea. Could it work? What are questions you have? Talk through concerns and see where it leads.
Then, be honest with yourself, what can you safely risk? Is this opportunity something in line with your personal ideals and goals?Â If it doesnâ€™t resonate with you, it may not be for you. Be sure to keep your ears and eyes open. The one that does resonate is still out there waiting to find you.
What will your next golden opportunity look like? Let us hear from you if you’re in the middle of one, or if you want to chat. I love hearing from you.