Do you know more than 90% of people do not see highs in their life despite having potential in them? Because of only two reasons – they don’t want to come out from their comfort zone and don’t want to take risks in life.
Let me share one cautious farmer story. A village farmer was sitting under a big tree, was approached by a stranger who was passing through.
How is wheat corp this year? asked the stranger
I didn't plant wheat - said the farmer
The stranger was curious and asked, why didn't you plant wheat?
I didn’t plant because I was afraid it wouldn’t rain - replied the farmer
Stranger enquired further, have you planted Corn?
I didn't plant any because I was afraid of corn blight.
Now stranger was a bit surprised and finally asked, what did you plant?
Nothing said the farmer, I just played it safe!
In fact, we all behave like the above farmer!
If there is no risk, there will be no reward. How many times we leave opportunities knocking on the door in the expectation to grab a better one next time. We keep on working in our comfort zone; and after certain years we start comparing with others who achieved success. Nobody got succeeded without taking risks and without moving out of their comfort zone.
Investments decisions are not different from above and work similarly. From an investment point of view, we became more cautious, don't take any action at all, and lose the opportunity. Being human, our tendency to keep on delaying investment decisions not just by days, weeks, or months but in years & decades.
In wealth creation, losses due to procrastination are very huge and unfortunately, we can't measure that loss even.
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