Most successful people have always followed these 4 + 1 steps in their journey. You can copy.

 

10^th September 2020

Most successful people have always followed these 4 + 1 steps in their journey. You can copy.

Dear Fellow Travelers,

Namaste! We have received appreciations from many of our readers for our post on Meditation and Money Making.  They were happy to know the truth of meditations. Thanks to all my readers for being my regular readers. Today I am sharing 4+1 master steps which you must take in any area if you want to become super successful in those areas.

I call it DEEESHA Model to remember it. So, let me share each step.

Doubt: -

This is the first step when you start anything. You must doubt each and everything which is told to you or recommended to you.  

Masses are full of doubts only. But they don’t have the guts to say it openly to their religious leader or their political leader or the person who is giving them a proposal which they have never come across in their life. They believe that there is GOD and they will also tell that they have full faith in GOD. If you have full faith in GOD – why you have sayings like this – “Trust in God but lock your Car.” It means there is no TRUST at all.

When you start with DOUBT, you are becoming HONEST with yourself first. My observations say – those who fake their DOUBTS as their FAITH - they end up losing in the end.

When you say you have FAITH – you will stop there. But a person of doubt will take a second step.

Explore: -

In this step, you will make efforts to deal with your doubts. You will educate yourself, ask your consultants, or well-wishers.

Masses end up asking the people they TRUST and not from the experts. Eg. They may ask their Brother in Law!! That poor fellow may not know head and tail in that area but he will give his inputs to his dear JIJAJI.

When Maruti IPO came way back at Rs.150 per share – I had asked my cousin to apply for the same. When the issue was listed at Rs.350, I asked him to sell. My cousin told me he did not apply it only. I was shocked. I asked why – he said – I asked my Brother in Law and he said this is not a good company!! His Brother in Law was a salesman in a Bata Show Room!!

The point is – when you explore – explore with the right people, right knowledge, and right mindsets. Don’t try to find out short cuts. Masses do dishonesty here – they decide first that they don’t want to do something and then they will ask those people who will say NO or who will say – we don’t know. Now, they have got a reason to say No to the person who has given a proposal. 

Here also, if you are not HONEST with your purpose – you will go for a toss.

How professional investors Doubt & Explore?

I remember the example shared by JESSE LIVERMORE. He was in some broking office doing his trading. A guy came and went to senior looking investors. He asked – I have a TIP. If I give you that TIP, what will I get? The senior investors said – I will buy 500 shares for you and you can take the profit. The guy agreed and he gave the TIP. So, the senior investor asked the dealer to SELL 2000 shares. The dealer sold without much price difference. The guy who gave tip got baffled – he said sir we have to buy it not sell. The senior investor without looking at that guy asked to sell another 2000 shares. Shares were sold without much price difference. He sold 4000 shares, instead of buying.

Now the Senior guy said – buy 9000 shares at the market. He looked at the guy who gave the tip – your 500 shares are in this deal now.

What the senior guy did was to doubt the tip but he explored the idea to see the depth of the market and ultimately made good money.

Ask Honestly - Will you take this step first or just go and buy like a MAD fellow when a tip is given to you? Masses just buy.

Experiment: -

This is the most important step once you have explored the area in which you want to go ahead. At this stage – all your doubts are taken care of and you have the right input to take actions.

Start with a reasonable amount for investments. A reasonable amount can be person-specific and not market-specific. The idea is to do the best you can for yourself.

This stage is to experiment with 100% involvement. The word experiment means – it may give you success or it may give you a failure. Nothing is guaranteed or fixed.

Masses wants guaranteed return – guaranteed success and things like that. The fact is – there is no guarantee that we will see the next moment!!

Professional do not waste time in guarantee and things like that. They do risk management instead. When the risk of loss is managed – they end up with little loss when they go wrong and big profits when they go right.

Experiments lead to the last step.

Experience: -

Series of experiments leads to building up of experience. Experience must be supported by DATA SIZE. Say someone came to the market in April 2020 – he would have made good money by August 2020. Now, if he concludes that it is easy to make money in the market – his conclusion is not backed up by DATA SIZE.

Say Rakesh is sharing something backed by his experience of the last 35 years. Will you listen to him about markets or the guy who came into the market in April 2020?

Naturally, you will listen to Rakesh because his experience is backed up by 7 Cycles of Teji and 7 Cycles of Mandi.

I see Media Analysts swear by their technology and their predictions without having adequate data size. The funny thing – they get followers also.

If you have taken the first three steps properly with genuine purpose to make money and honesty – I am sure your experience will reflect that over a period of time.

Your bank balances and your net worth will skyrocket over a period of time.

You can stop here and enjoy your wealth. But the most successful guys take the last step here.

Sharing: -

Look at the Billionaires and how they are sharing wealth for the betterment of less privileged people.

They enjoy sharing the fruits of their success. That is the last and most important step for the growth of society.

When sharing is done at this stage – it is without any expectations and it becomes a JOY in real terms.  

What Now?

I am following all the 4 steps without any mistake in all the areas I deal with. Follow the above 4 steps with the genuine purpose for success and honesty with yourself – I promise you will never have to face the big failure in your life.

My blogs are my way of sharing my joy with my fellow travelers.

Have a great journey ahead.

Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

Live With Passion…Invest With Passion.

 

Hitesh Parikh.