Avoiding the Trap of Get-Rich-Quick Schemes: Lessons from the Tortoise and the Hare
Description
Today Hazel discusses the timeless adage "slow and steady wins the race," using the classic fable of the tortoise and the hare to illustrate the importance of patience and persistence in achieving success. She discusses the pitfalls of get-rich-quick schemes, emphasising that true wealth is built over time through careful planning and dedication.
KEY TAKEAWAYS
Slow and Steady Wins the Race: The story of the tortoise and the hare illustrates that consistent, steady effort often leads to success, while overconfidence and rushing can result in failure.
Beware of Get-Rich-Quick Schemes: Many schemes promising quick wealth, such as Ponzi or pyramid schemes, are unsustainable and often lead to financial loss for the majority involved.
Focus on One Thing: Instead of spreading yourself thin by pursuing multiple opportunities, concentrate on one area where you can excel and add value, which will increase your chances of success.
Learning from Experience: Past failures and challenges can provide valuable lessons that contribute to future success. It's important to learn from mistakes and refine your approach over time.
Patience and Persistence: Building wealth takes time, effort, and strategic planning. Emphasising gradual progress and continuous learning is essential for achieving long-term financial goals.
BEST MOMENTS
"Slow and steady wins the race... If you're going to try and rush something, or you think you're a bit cocky... then you're just not."
"A scheme whereby people have to keep putting money in in order for other people to keep winning or earning is unsustainable."
"There is no quick solution to becoming wealthy... It took planning. It took great execution."
"It's highly advisable... to stop chasing shiny objects and different courses... because you're going to lose focus."
"When you have a vision... it takes those baby steps... plodding away like the tortoise. This is what is going to help you win the race."
VALUABLE RESOURCES
Click Here To Book Your FREE 30 Minute Clarity Call HERE...
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ABOUT THE HOST
Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.
She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…
Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.
During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/