Category: life lessons

Navigating Growth Amid Headwinds That Make Big Goals Impossible.

In a perfect world, you would get better every day. You would become smarter, make more money, lose weight, grow your business and enjoy clearer skin 7 days a week. It’s what competitors want to do. You have these kinds of growth desires both at work and in your personal life. They tend to be even stronger in the months leading up to your high school reunions.

But at times you will face headwinds that won’t allow for growth. Not even Bob Seger can run against them. These headwinds won’t allow you to hit your goals, increase revenue, lose weight, or improve on whatever metrics you are using to measure yourself.

This is because sometimes the prevailing conditions work against you. These conditions can come in various forms, including the following:

  • Interest rates
  • Pandemics
  • Elections
  • Seasons
  • Weather
  • Fuel Prices
  • Illness
  • Injury
  • Cost of Goods
  • Scarcity of Labor
  • Venus in retrograde
  • Holidays
  • Recessions
  • Depressions
  • Travel
  • Embargoes
  • Bird Flu (Good luck with those Easter egg dye kits, PAAS…)

These factors can freeze industries and opportunities. They are abnormalities that create additional uncontrolled variables in your success experiments. But they are typically temporary. Unless your category has been totally disrupted. (Make sure you don’t mistake a headwind for category disruption. Or you will find yourself working at Blockbuster, waiting for customers who are never coming back.)

Remember the life-saving advice not to swim against the forces of a riptide. Apply the same advice to headwind conditions. Don’t tire yourself out trying to fight a force you can’t beat. Instead, conserve your energy. Wait it out. Or escape the headwind by moving to a different product, category, opportunity or goal.

Key Takeaway

Set lofty growth and improvement goals for yourself and your organization. But recognize when conditions create headwinds that make them difficult or impossible to achieve. Those conditions are almost always temporary. Adjust your expectations. And prepare to resume your march towards your big hairy, audacious goals as soon as the headwinds abate.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

Jealous of others making a job change? Then it’s time to make your own.

I have mostly loved my career. I have always enjoyed the work I do. But there have been a couple of brief periods when I didn’t like where I worked.

At one point in my advertising career, due to some business loss, we decided to shut down one of our agency’s office locations. Which meant that virtually everyone in that office had to find a new job. The whole experience was right out of a movie.

But I had a very surprising reaction to the situation.

Under those circumstances, it is natural to feel lucky that you are not affected by the office shutdown. That while everyone else is losing their job, you get to keep yours. It should feel like a win. However, instead of feeling bad for that group of my teammates forced to find the next chapter of their careers, I found myself envying them.

I envied that they had to make a change.

I envied that they got to stop what they were doing and find a new situation. That could involve a new company, mission, industry, a new set of coworkers, a new career path, a new level within an organization, or a new attitude, like Patti Labelle.

Meanwhile, I was going to stay in the same job, with the same shortcomings, the same cultural challenges, the same feeling that this place didn’t fit me. The same sense that I was better than this situation. The same feeling that the only reason I was still here was for the money. For the false sense of stability that this salaried employee job offered me.

But something in the feeling of envy for those forced to move on and move forward in their careers, changed something profound in me. I recognized that life is too short to spend unhappy and unfulfilled at work, in a culture, climate and a missionless or purposeless environment.

So my mind shifted.

I knew I needed to find my own next chapter that would make me feel all the things I wish I felt. I spoke to several advertising agencies about the prospect of joining their teams. I explored several different markets to live and work in. The exploration was energizing. And I knew I was on the right path.

Within a year of my profound mindset shift triggered by envy for my teammates who had to make a career change, I had discovered my new path. I started my own business. I launched The advertising and ideas agency The Weaponry. And my life changed in all the ways that I hoped it would.

The past 9 years at The Weaponry have been the most adventurous and rewarding of my career. All because I tuned in to what my envy was telling me. I was willing to make a dramatic change for the better. I was willing to risk the perceived safety and security of my situation for the control and happiness of an unknown adventure. And that has made all the difference.

Key Takeaway

If you are jealous when others are forced to write the next chapter of their career, it means that you have to find your own new next chapter. It is time for greater happiness and fulfillment. It is time to throw off the ropes of your current condition and sail for something better, more fulfilling, more exciting and new. Something that matches your skills and vision for your life’s adventure. Get going. There’s nothing stopping you but you.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

How to Develop a Growth Mindset Effectively, And Grow Baby, Grow!

When I was a little boy, I had a piece of needlepoint art in my bedroom. It depicted a little cowboy, like me, and the words, ‘Please by patient. God isn’t finished with me yet.’ It was my first reminder that who I was as a young boy was not who I was going to be as a full-grown adult. I just didn’t know that I would never outgrow my love for potty humor.

The Growth Mindset

As I grew older, I recognized how much I was changing, learning and growing. First, in elementary, middle and high school. Then, the growth and learning continued at The University of Wisconsin, where I majored in psychology, journalism and cheese curds.

But I liked learning, growing and developing so much that when I graduated from college, I enrolled in Adam Albrecht’s Self-Directed School of Life Long Learning. It’s where I have received all of my advanced degrees. The tuition at AASDSLLL is a great value. But our basketball team couldn’t beat a drum.

Lessons I Have Learned Along The Way.

I have learned that everyone adopts 1 of 2 mindsets.

Those with a fixed mindset believe their knowledge, skills, abilities and limitations are fixed and unchanging.

People with a growth mindset believe that they are continuously growing, evolving and improving. Which sounds way more hopeful. (Pro Tip: It’s also the mindset they are looking for at your parole hearing.)

A growth mindset means you recognize that what you know now is just a tiny percentage of what you could know.

A growth mindset means that you believe that you can feed your brain, your body, and your emotions with better inputs and get better outputs.

It means that if you currently stink at stuff, you are not condemned to a life sentence of stinkage.

It means that you have the superpower to transform yourself into a much better and more powerful version of yourself. Like Ironman.

A growth mindset means that every time you spend time with someone better than you are, their knowledge, skills and mindset rub off on you and make you better.

A growth mindset means that when you read a book, you reach the back cover smarter and more capable than you were when you lifted the front cover.

A growth mindset means you don’t say things like, I can’t or I don’t. And you don’t say Popeye stuff like, ‘I yam what I yam.’ What kind of sweet potato nonsense is that?

A growth mindset means that you see your self-improvement journey as an infinite staircase. The level, step or stair that you are on today is simply where you are today. You have the ability to take another step up in any area of your life, and by any measure you choose, any time you choose.

A growth mindset means having faith in the self-improvement process. Like George Michael. It means that small incremental gains will add up to have a transformational effect. Like compound interest in every area of your life that you invest time and energy into.

Leveling Up

When I entered high school, I was a 6-foot-tall, 150-pound freshman. During my 4 years at Hanover High School in Hanover, New Hampshire, no one spent more time in the weight room than I did. As a result, I graduated as a senior who was 6 feet tall and 215 pounds. (I couldn’t seem to do anything about the height. Maybe I have a fixed heightset.)

In my first track meet as a high school shot putter my freshman year, I finished 28th out of 30 throwers. My senior year I was the state champion.

During my freshman year, my coach didn’t think I was good enough to throw the discus in a meet. But, by the time I was a senior, I was a state champ, New England champ, and held the all-time state record in the discus. All of this happened because I could imagine it happening. So I put in the work to keep climbing that staircase.

How To Develop A Growth Mindset

The first step to developing a growth mindset is to visualize the best version of yourself. Imagine the greatest version of yourself you can conceive of. That is your ideal self. What you are today is your real self. It is the version of you that you have already realized or attained. Now, your job is to simply put in the effort to close the gap between your real self and your ideal self.

The Model And The Path

A growth mindset is simply having an open mind to your ability to improve yourself into someone greater than you are today. One of the best ways to do this is to find a model and a path.

A model is a person whom you aspire to be like. Pick a person you think has the skills, abilities, success, character or mindset that you want to have. (They don’t have to be an actual model, like Heidi Klum, Bella Hadid, or a T Ford.)

Then, examine your model’s path. Learn what work, steps, opportunities and influences helped them develop into the person they are today. (Or, if you choose a historical figure, focus on the path they traveled before they died. And decomposed.) Learn their helpful habits and routines. Learn about their knowledge sources. Which could be books, coaches, teachers, and role models. Learn about their experiences and influences.

Next, reproduce or approximate the helpful forces that pushed them to grow into the model you admire. This provides both a great recipe for improvement, and prevents you from having to reinvent the wheel. Or become a psycho stalker.

A Few Final Thoughts

A growth mindset is about experimenting. It is about adjusting variables to get better results.

A growth mindset means you give yourself permission to be an amateur. You can’t beat yourself up over all the things you don’t yet know or can’t do yet. By giving yourself permission to be an amateur, you allow yourself to start and put a premium on all the growth you experience along the way.

A growth mindset is about developing great habits. You are a product of your habits. Growth-focused habits have the power to help you improve every day. These include reading, practicing the skills you want to develop, time management, exercise, sleep, and gratitude.

Key Takeaway

To become the greatest version of yourself, you have to adopt a growth mindset. Imagine a version of yourself far greater and more capable than you are today. Then continuously work to close the gap. Allow yourself to be an amateur. Develop great habits that help you learn and grow. Experiment. Stay curious. Find someone who you want to be more like and discover their path. It will help you discover your own path to an even greater you.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

To become a great problem solver, create backup plans for your backup plans.

I love meeting new people. And I love helping people solve problems. I got to do both of those things early one morning in 2016, and I still think about the story often.

The Story

I arrived at Hartsfield Jackson International airport in Atlanta just before 6:30am for a flight to New York City. I was flying to meet with Rachael Ray on the set of her TV show. I was neither a guest nor an audience member on her show. We were meeting between tapings so that I could present scripts for some new commercials we were going to film together. But as I stepped out of my car in the airport parking garage a panicked woman approached me saying, 

“I’m so sorry to bother you. But I just locked myself out of my car. My phone, purse, laptop and suitcase are all locked inside. I don’t know what to do.”

Talk about an exciting start to your day! The woman’s name was Kelly Harbin. She said she was flying to St. Louis on an 8:00 am flight. So we started going through our options. And yes, I said OUR options. Because as a professional problem solver, when someone brings me a problem, it becomes my problem too. Except for maybe hair loss. With hair loss, you’re on your own.

This was the scene that early morning at ATL when Kelly and I went into super solver mode.

So, like a couple of resourceful first-world problem solvers, we sprang into action! I pulled out my trusty smartphone, and we called the airport to see if they had an unlocking service. They didn’t. Boo. But they did offer us the phone number of a locksmith partner who may be able to help. Yay! 

So we called the locksmith. And yes, they could send someone to help. Yay! But not until  9:00am. Boo.

So we looked at other options. 

Me: Do you have a AAA membership?

Kelly: No.

Me: Do you have emergency services through your car manufacturer?

Kelly: No.

Me: Hmmm. Do you have any sevens?

Kelly: No. Go Fish.

Me: What time is your meeting in St. Louis?

Kelly: 11:00 am.

Me: So a later flight won’t work?

Kelly: No. And my company is counting on me to be there. We have built a technology product for this client and they are refusing to close the deal because they don’t understand it. I need to walk them through how the product works and solves their problem, or the multi-million dollar deal will fall apart! (Dun-Dun-Dun!)

Me: Do you have your driver’s license? 

Kelly: No.

Me: Why don’t we go see how we can get you through security without ID. (Heck, I got into bars in college all the time without an ID. How hard could it be?)

Kelly: (reluctantly) Let me check my car one more time just to make sure I’m not losing my mind.

At this point she walked back to her Ford Edge for another check. And I began searching on my phone for a Ford dealership that may be able to help.

A moment later she returned, slumped her shoulders and said, “You should go and catch your flight. And you can tell everyone on Facebook and Twitter that you met the dumbest woman in America. Because I have a Ford Edge. And the Edge has a keypad on the driver door.”

Me: Do you know the code?

Kelly: Yes.

Me: So you’re all set! 

 Kelly Yes!

At this point Kelly and I, strangers only moments ago, hugged, laughed and cheered on the top of the parking deck at the airport in the pre-dawn darkness. We celebrated our victory like we had just won the Showcase Showdown on The Price Is Right.


I made a new friend before 6:45am. Kelly made her flight. I got a test run on a valuable problem solving scenario. The Ford Edge got serious credit for a great problem-solving, flight-catching and potentially deal-saving feature. And as Kelly said, I got to tell all of my friends on Facebook, Twitter and LinkedIn about her morning. Kelly made the meeting! She closed that deal. And she no longer closes her car door until she has her key in hand.

Key Takeaway

Life presents an all-you-can-eat buffet of problems. The key is to become good at solving them. This means coming up with multiple ways to address the problem you face. The more solutions you consider, the more likely you will arrive at a great solve. And chances are, you’re problem isn’t as bad as you first thought it was. Just ask Kelly.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

100 Things I Freaking Love!

Happy Valentine’s Day! Lately, I have been thinking a lot about the method of modern love. Because love is the most powerful, valuable and positive emotion in our treasure chest. I have had daily reminders of how short life really is. (And not just for Kevin Hart.) So you need to make the most of your time on Earth. Spend as much time as you can doing the things you love, in places you love, with people you love. Like Doc, Isaac, Gopher, Julie and Captain Stubing.

To take stock of the things I love, I have created this list. I encourage you to take an hour to write down 100 things you love, too. Not only will it force you to think about your favorite people, places, and things, but it will also help serve as a map to live a life you love.

I did this exercise a few years ago. You can see my 2021 list here. I didn’t look at it before writing this list. So it will be interesting to see what did and didn’t make both lists.

Here’s what I came up with in 2025. There are many more things that could be on this list. Because there is so much to love in life. Never forget that.

Things I love in 2025, In A Particular Order.

  1. My wife Dawn
  2. My kids Ava, Johann and Magnus
  3. My parents, Robert and Jill Albrecht
  4. My sisters Heather, Alison and Donielle (that’s not a typo). And I love our crazy birthday story!
  5. Waking up before my alarm
  6. Creative ideas
  7. Putting a smile on my face when I first wake up.
  8. Making grumpy people smile.
  9. Helping my clients grow their businesses
  10. Reading graduate level books
  11. Skiing with my son Magnus
  12. Listening to my son Johann play piano or saxophone
  13. My home weight room. I can blast my own music and yell. It has a great vibe.
  14. Running my Ariens snowblower through a fresh snowfall. This line has been brought to you by Ariens.
  15. The taste of maple sap form a galvanized bucket. (Real Vermont Boy Stuff.)
  16. Mountain Biking
  17. Pizza
  18. Compound interest
  19. Hummingbirds
  20. Northern lights
  21. Boogie Boarding
  22. Printing photos from my adventures and hanging them on my wall as a reminder to really live
  23. Writing newsletters, blog posts, and books. Oh My!
  24. Seeing my people in real life
  25. Making a new friend on an airplane
  26. G-Shock Watches
  27. American Giant Hoodies
  28. My Topo Design Mountain pants (they don’t make them anymore.)
  29. My hiking boots
  30. Moonlight cross country skiing with my Dad in Vermont
  31. A Paris dinner cruise
  32. Floating down the Aare River in Bern, Switzerland
  33. The crazy traffic in Bangalore, India
  34. Bryce Canyon
  35. The Narrows at Zion National Park
  36. Seeing Bears in the Wild (when I’m not holding a salmon)
  37. Laughing until I cry
  38. My Jeep Rubicon
  39. The Weaponry
  40. The color red.
  41. Trucker hats
  42. My Halo pizza oven
  43. Making minds sparkle
  44. Giving keynote speeches
  45. Family reunions
  46. Guys trips
  47. My home theater
  48. Frozen bananas
  49. Getting upgraded to first class on Delta flights
  50. The Salt Lake City Airport
  51. Coaching my daughter Ava in track and field
  52. Coaching my son Magnus in football
  53. Buffalo (the animals and the wings)
  54. When things go wrong and you get a good story out of it
  55. A good comeback, in sports and in life
  56. Chocolate milk
  57. My wedding day (But once was enough.)
  58. My Grandparents
  59. My Aunts and Uncles
  60. Cousins (The relatives. Not the subs.)
  61. Black olives
  62. Grilled Cheese sandwiches
  63. Music Concerts
  64. Snowmobiling
  65. Chicago
  66. Hilton Head Island
  67. A great photo I was lucky enough to catch
  68. My Atlanta friends
  69. My friends from home in the Upper Valley
  70. Turks and Caicos
  71. Ben & Jerry’s New York Super Fudge Chunk
  72. Vermont
  73. Ginger Beer
  74. Breakfast burritos
  75. Sunrises and Sunsets
  76. Great Comedians
  77. Great Churros
  78. Long road trips
  79. Baseball and football cards from the 1980s
  80. My Gerber tool
  81. Throwing the discus
  82. My Mack Weldon Atlas Bag
  83. The Republic of Tea Ginger Peach,
  84. Darn Tough Socks
  85. Atomic Habits by James Clear
  86. Connecting dots
  87. Simon Pearce glass
  88. Being totally present
  89. Roller Coasters
  90. The Last Dance documentary series
  91. Yahtzee (especially when I get Yahtzee twice in one game)
  92. The museum of memories I am building in my mind
  93. My John Deere lawn tractor.
  94. Mt. Rainier
  95. Sweet Tea
  96. A New York Strip (The steak. Don’t be pervy.)
  97. Fishing in the rain
  98. Maui Jim Sun glasses
  99. Luftballoons
  100. Someone else having hiccups
  101. Dalmatians

Key Takeaway

Fill your life with the things you love. The people, places, activities, feelings, foods, and drinks you love will lead you to a life you love. And life is too short to fill with anything else.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

Finding Value in Discarded Items: A Life Lesson

When I was a kid, my older sister Heather bought a pack of glow-in-the-dark star stickers to put on her ceiling. After she carefully adhered them to her bedroom ceiling, she called me to her room to show me how they glowed in the dark. I thought Heather’s new constellation was the coolest thing I had ever seen.

That evening, on a routine trip to the bathroom, I saw that Heather had thrown away the packaging from the stickers in the bathroom garbage can. I immediately noticed that the entire sticker sheet that she removed the stars from was made of the same glow-in-the-dark material as the stars. Which meant that the discarded star sheet carcass, or starcass, still had great value.

Instantly, a little glow in the dark light bulb appeared above my head.

I snatched the de-starred sheet from the garbage can. I ran to our craft closet and pulled out a pair of scissors. Despite my excitement, I did not run with them. I carried them, pointed down, the way I was taught to safely pack such a dangerous weapon in school. Once I safely transported the scissors to my upstairs bedroom and secured the door to my bedroom/laboratory of invention, I proceeded to cut the remnant sticker sheet into dozens of little squares and stuck them all over my ceiling.

I was so excited by my new star-stickered ceiling that I rushed down the hall to Heather’s room and exclaimed, ‘You’ve got to see something awesome in my room!’ She followed me back down the upstairs hall to my room to see what all the fuss was about. I turned off the lights, and my little star scraps speckled the ceiling. I could practically hear the angels sing. It was like that moment in Christmas Vacation when Clark Griswold finally gets his outdoor Christmas masterpiece to light up. I felt like I was the smartest boy alive.

The effect was amazing. The small squares dotting my ceiling looked just like the stars outside in the Vermont night sky. (Note: Rural Vermont has literally zero light pollution. Also note: Rural Vermont is a redundant statement.)

But Heather was not amused.

She had spent several dollars on her star stickers. And I had spent nothing. Yet we essentially had the same amazing result.

After a small sibling flare-up, we agreed that I would pay her 50 cents for the sticker refuse material that I had stuck up in da club. It was still a great value for me. And an even better lesson.

Key Takeaway

Be careful what you throw away. It may still contain great value. Keep an eye on what others are discarding, giving away or selling for next to nothing. There is unrecognized value everywhere. Train yourself to see it. And then take action to extract that value. You will find it in the garbage, in giveaway items, in collectibles and second hand markets. You will find untapped value in remnant time and in leftover space. Once you condition yourself to see it, you will find that untapped value everywhere. It is the perfect straw for your entrepreneurial mind to spin into gold.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

I have finally developed a skill I was never good at.

There are some things that I am good at. And other things I am not good at at all. (Like folding fitted sheets and stopping myself from thinking, ‘That’s what she said…’ a thousand times a day.)

One of the things I haven’t been good at at work is entering my time into our time-tracking software at the end of each day. (I also wasn’t good at avoiding that at-at thing in the previous sentence.)

To be clear, I keep a detailed to-do list each day that lists my activities. Plus, I schedule my daily activities on my calendar, which provides a detailed log of my time. So I have records of how I spent each day for great reference. In fact, when archaeologists someday discover my notebooks, they will have a strong understanding of how I spent my days and could enter my time for me. But I expect it will be too late for us to invoice that time.

Still, I have never liked walking away from the office without completing my time entry for that day. Yet the tight demands on my schedule often meant that I did anyway.

One of my goals for 2025 was to enter my detailed time each day on the day I did the work. So, I added something new and simple to my long list of habits.

On my daily Success List (what you might call a to-do list, and what Scooby Doo might call a Scooby To-Doo list), I have added a line that says, Enter Time in Harvest. Harvest is The Weaponry’s time-tracking software.

As we started February, I noticed something interesting. I entered my time each day for the entire month of January.

The key to my behavior change was simply writing Enter Time in Harvest on my daily Success List.

I love crossing things off my list. It makes me feel accomplished. Having a list keeps me productive and focuses my time on my most important activities throughout the day. Because I already had a strong list-making and list-crossing-off habit established, I simply utilized my habit of doing the things on my daily list daily to create this valuable new habit.

The key was right in front of me all along. Or should I say, write in front of me?

Bonus: Another valuable thing I added to my daily Success List last year was the line No Social Media Before Lunch. This prevented me from falling down social media rabbit holes and wasting precious time during the golden morning hours of productivity. Again, because I love crossing things off my list, I avoided the socials between 9 am and whenever I stopped for lunch. As a result, I got more important work done each day.

Key Takeaway

You are a product of your habits. If you use a daily to-do list or Success List, try adding the behaviors you want to modify to your list. Remember, those may be behaviors you want to add or eliminate. By writing them on your daily activity guide and crossing the actions off your list at the end of the day, you may discover the easiest way to get the results you want.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

Recognizing and Avoiding the Slow No.

You should always be aware of the slow no.

It’s the worst of the nos.

Worse than infernos, volcanoes and no-it-alls.

The slow no is the decision that is always going to be no. No matter how much support there is for a yes.

Decision makers will let you explore, research, propose, pile up work towards, and spend a lot of time diddling on things that are always going to finish with a no.

It’s a waste of time, energy, enthusiasm and hope. Like that romantic interest that you know is way out of your league, but they are really nice to you, and you start thinking there is a chance, when there is really no chance there is a chance.

What’s the best way to deal with the slow no?

Cut to the chase.

Ask if this is likely to end in a slow no.

Ask the decision-makers, if all the evidence seems to support a yes, will it still be a no because of politics, budget, bias, distance, favored-competitors, or other factors out of your control.

The slow no is likely to occur when:

  • You wonder why the decision maker hasn’t made a decision like this before
  • The cost seems out of line with the budget
  • It all seems too good to be true (like the whole Lance Armstrong thing)
  • The action would be out of character for the decision maker
  • You smell political factors or nepotism at play
  • They say you are facing 1 in a million odds, and you think they are saying there’s a chance
  • The decision maker puts the word pro in procrastination

The best thing you can do is hit fast forward and turn that slow no into a fast no. Or a know-now no.

You can also openly rescind your proposal or request.

When your change of heart is met with a shrug, you know it was a slow no.

That puts time back into your account. So you can use it more productively on something else. Or someone else.

Key Takeaway

Don’t lose time on a slow no. Sniff them out. Fast forward them to the final answer. And use your time on something more valuable.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

The Lesson of My Netflix Investment Mistake

I have been investing in the stock market since my first year out of college. I knew that it was important to not just work for money but to make money work for you. You can read Robert Kiyosaki’s works for more pithy moneyisms like that.

As an investor I have had plenty of successes. I have had plenty of failures. Kinda like a typical country song. But I have become much better at evaluating stocks and recognizing great buying opportunities over time.

Today, when I review my investments, there is one stock that stands out and makes me cringe every time.

It is Netflix. (NFLX on your radio dial.)

It is the only stock I own that I shake my head at when I review the details of my purchase. I am always left wondering, what the heck was I thinking? I can practically hear Nancy Kerrigan screaming, “Why? Why? Why?” when I check my E-trade account.

The Details:

I bought Netflix in 2022 for $184.25 per share.

As of this publishing Netflix is selling for $848.26 per share.

Today, the return on my investment stands at 360%.

I have almost never been as right about buying a stock as I was about buying Netflix when I did.

So what’s the problem?

I only bought 5 shares.

Not Ten. Not Fifty. Not 500 million.

Five.

Heck, I have twice as many fingers as I have Netflix shares.

The Kicking of Myself

I knew Netflix was a great company.

I knew the stock was at a great price after falling far from its recent highs.

This was the classic dip you always look for to buy stocks in blue chip companies.

It was like investing in Martha Stewart as she headed off to summer prison camp. She was a good bet in a down time. And an amazing bet with a potential prison-cred reboot with Snoop Dogg.

I knew that all signs pointed to Netflix being a great investment at a great time to buy.

Yet I didn’t go all in.

I barely went in at all. Not even 4 figures.

I invested just $921.25

Today that is $4,241.20.

But imagine for yourself what would happen if there was another zero behind that investment. Or two. Or a hundred billion zeros… (Insert Dr. Evil Laugh.) Consider what those scaled investments would have translated to today.

Obviously, I am grateful that I have a very handsome (almost Zoolander-like) return on my investment.

But I am disappointed with the strength of my conviction. That I didn’t bet bigger when all the signs said Go!

Key Takeaway

When you have done your homework, and you know you are right, you need to go all in. Push all your chips into the center of the table. It’s true for investments, entrepreneurship, and relationships. It’s true of all the important commitments and bets you will ever make on yourself.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.

A good sign of a good time.

On Saturday, January 4th, I attended a dinner party at a restaurant in downtown Milwaukee.

I had a really good time with some really good friends.

I know I had a really good time because, around midnight, the valet sought me out in the private room I was in in the back of the restaurant to hand me my keys. I was standing in a circle of the last of the party-goers who weren’t even done with the night. Like John Cougar said before he got mellencamped.

Apparently, I had stayed at the party so long that the valet was turning into a parking pumpkin, and wanted to go home. So he had parked my car just outside the front door, found me in the restaurant, handed me the keys and walked away. Not only was he not looking for a tip, he didn’t even charge me for the valet parking. Which meant that I had enjoyed myself so much that I actually saved money in the process.

Reflection

It can be hard to know whether or not you are being generally successful in life. Not everything is easily scored. But in my scorebook, if the valet comes to find you at a party because he wants to go home and play Grand Theft Auto, and you still want to stay and hangout with your wife and your 4 other friends who aren’t ready to leave, it is a good sign, that at least for the night, you are winning at life. (Also according to my scorebook, if those friends will answer to Pablo or Bert, even though those are not their real names, you score bonus points.)

Key Takeaway

To live a great life, spend more time with people you want to stay up late with. Go to events you don’t want to leave. We have a finite amount of time on this planet. Make it count.

*If you know someone who could benefit from this message, please share it with them.

+For more of the best life lessons I have learned check out my book, What Does Your Fortune Cookie Say? from Ripples Media.