Best In Wealth Podcast

007 – Building Wealth Using Principals from John Wooden


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Building wealth is about growing your number on a page but it is also about building your cornerstones.  Learn how to grow your wealth using principals from legendary coach John Wooden.  Today's podcast was inspired from a blog post at www.allprodad.com.
10 Life Lessons With John Wooden
via http://www.allprodad.com/10-life-lessons-from-john-wooden/
1. Be True To Yourself
This is number 1 in Coach Wooden’s 7-point creed that was passed down from his father. We will look at each of them on this list, but this one is first for a reason. Before we can become leaders of others, we must first understand ourselves. [Tweet This] We need to distinguish our talents and strengths, as well as our weaknesses, and use each to their maximum benefit. Stay true to what you are best suited for and do not compromise your values.
2. Always Keep Moving
A former player of Coach Wooden said that he was always shouting, “Move, move, move!” He was not only referring to basketball, but to life in general. We must take action and we must always be progressing: building upon success and learning from failure. We must think and we must always be in motion. Coach Wooden would say, “Be quick, but don’t hurry.”
3. Make Each Day Your Masterpiece
Carpe diem. Seize the day. We are all familiar with this logic. However, we as a society tend to take the advice in selfish manners. We seize what benefits ourselves most. The intent, and Coach’s intent, was to spend each and every day using your abilities to their maximum value for the good of others. This is a great life lesson, because it is so easily misunderstood. In the words of Coach Wooden, “Perform at your best when your best is required, and your best is required each day.”
4. Help Others
Develop a compassionate and understanding heart. As we move forward, we need to lift others up with us as well. When we are only out for ourselves, we will eventually gain what we set out to achieve. A lonely and singular existence. If the goal is a well-rounded successful life, then it is not possible by following only individual desires. Give wholly of yourself for the benefit of others to learn and follow. Here is a helpful All Pro Dad article on Raising Compassionate Kids.
5. Earned, not Entitled
How often do we see this in life now? The fresh out of college young person that wants a BMW and six-figure income right at the start. The rookie football player that demands a $100 million contract before ever playing a down. The wordearn has been dropped from our collective vocabulary. Many people demand everything based solely on what they think they’re entitled to. But to truly go far in life, realize you’re not owed anything and if you want something, work unbelievably hard for it.
6. Drink Deeply From Good Books, Especially the Bible
This is to say, be careful what you pour into your brain. A man might read faithfully every single day, but what is he reading? What are we absorbing? In this day, propaganda is found everywhere we turn. Millions of dollars are spent each year on focus groups and think tanks coming up with new and improved ways to sway and form opinion. Coach Wooden was making the point to carefully filter and analyze the content and motives of your sources of information. Read well to live well.
7. Make Friendship a Fine Art
We are all aware of the importance of friendships and the folks we surround ourselves with. Cherish those relationships and work at them the same way you would with family relationships. Give more than you take, and help more than you receive.
8. Build a Shelter against a Rainy Day
Such important advice, and so overlooked in our world today. We have constructed our society to only function properly if we are all doing the exact opposite of this age-old wisdom. We can see the results in our own national debt. As our friend Dave Ramsey says,
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Best In Wealth PodcastBy Scott Wellens

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