Momentum Creator or Destroyer of Wealth?

I was watching the Ryder cup over the weekend and was disturbed when the Amercans lost on the last day of the competition after having a commanding lead over the Europeans the first two days.  It struck me about how critical momentum is in all aspects of our lives.  The American team after seizing the momentum and playing to win on days one and two, looked like scared kids on day 3. 

They started playing on day 3 with on eye on “not losing” instead of playing to win.  They gave up their momentum and Europe’s team picked up on it and totally turned that match around and snuck out a victory at the end.  Momentum is one of the most powerful forces in the universe and when it is going in your favor you must drain every last bit of benefit from it and recognize that it is just a matter of time until that same momentum will shift against you.  Sometimes the shift will be a small shift and other times it will be a large shift requiring massive action to right the shift back to your favor.  It is important to recognize what stage of momentum you are in and act accordingly.  When momentum is in your favor and pushing hard, you have the chance to make your fortune in busienss and in investing.  When it is going against you, there are four steps that are critical to change it as soon as possible.

1) recognize momentum is against you and demand of yourself that it changes

2) Ask yourself “what can I do to turn this around today?) This week?, Next week?, by the end of the month?

3) Once you have good answers now throw everything but the kitchen sink at the wrong way momentum and take massive action until the momentum has shifted. A little action is worth a boat load of meditation and massive action is even better!!

4) Recognize the shift and then keep asking questions. What did I do wrong last time when momentum turned against me? what can I do to maximize this forward momentum (success breeds success), and make sure I get the most out of foward momentum? Who can help me keep this ship moving hard forward? etc

Always play to win and don’t go into the “prevent defense mode” borrowed from football.  Far more points are scored in the last 3 minutes of each half than during the other times of the game.  Why is that?  Momentum and playing to win (for the offense) and playing not to lose (defense)  If I coached a football team I would virtually outlaw the prevent defense because it plants the seeds of failure.  Until next time!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s