Two questions

The two most critical questions to be asked to oneself are:

1. What do you want in life?
2. What are you ready to give, in order to get it?

Rest is just detail.

They say, life will give you anything you ask for, but not everything. We are limited by the most rarest commodity on the face of this planet. Time. It is highly perishable, non tradable, often undervalued, purely imaginary entity. Everyone is allocated good measures for it, but everyone asks different value in exchange for his/her time. Mostly, they receive nothing different. In this case then, how to get the maximum value of your time?

Have you heard about the magical power of compounding. You invest as much as you can, as early as you can. Then you wait. The money multiplies itself. Funny observations about this include following:

• If you reduce the initial amount by a little, the final amount varies exponentially
• If you change the investment period by little, the final amount varies drastically.
• If you change the rate of compounding a little, the final amount is changed vastly.

Now, let us compare the amount with time,and the rate with learning. We understand what to do.

The goal is the final amount that we want. We can calculate backwards, to understand how much time is needed to be invested in order to achieve the goal. And how much learning or refining is needed too.

That’s not all. We also need to take inflation into account. Thats when we cannot focus our complete attention. the concentration is diffused. Hence, although we are giving one hour, effectively only 40 minutes are counted.

Also to remember is the performance of the investment. If we see the graph of the amount against time, we see that almost all the benefits are reaped towards the end. Which means that, we should focus on a long term achievement, and need not pay much attention to the intermediate failures. Those are just fluctuations, great tools to refine our technique.

And then, finally, we win!!

Take care.