Don’t Live Without Passion.

It doesn’t take much thought to realize that life really is too short, so you just have to live every day with more passion! Time squandered, is time wasted.

Most people, when looking back at their lives, are in more pain over the things they didn’t do rather than over the things they failed at while trying to do them. Yes, I do believe most of us would rather try and fail than never try at all. Why is that? I think it’s in our nature as humans to want to receive long lasting and deep satisfaction from struggle and hard work, because even if we fall short of our objective, at least we know we tried.

I’ve certainly had my share of failures and tragedies. But I wouldn’t have it any other way because, in most of those failures, I’ve learned so many huge lessons that, in the long run, greatly enhanced my life.

Let me briefly tell you my own story. It was a “Sudden Death Wake Up Call”.

I had a pretty ordinary beginning into this life. Born in Portland, Oregon in 1944 (that means next year I hit the big 80 mark!), I was the second born in my family, so I was always trying to prove myself, to measure up to my older brother.

My life and my mindset were forever shocked and changed when, at the age of 15, my older brother died, literally, at my feet, while playing basketball. We were in an outdoor stadium halfway around the world in Ankara, Turkey. That one life-shaking event permanently altered my way of thinking, something that is with me to this very day, yes, even as I write these words. As I express myself and think about the big picture of life, it helps me understand that life can be gone in a moment. It’s a sobering thought.

Yep, we all have an end to our life, or as some people say, “Nobody gets out of here alive.” It doesn’t matter how rich or powerful you are, you and I really have a fairly short time to be here on planet earth. So, all of us need to live with passion right now and go after the things in life that we really want. Not only will you get more out of life, but it will also give you a great and powerful lift to your mind and body.

Next week I am going to write more about this event with my brother and how it pushed me to see the bigger picture of life and death. It makes me much more accepting of our hardships and every day it pushes me to live in this “right now moment”. I’ll write more about my early life and goals that I set for myself, some of which I reached but not all of them!

Life’s Lessons in Failing

17 years ago, I wrote a letter for an advertisement that introduced a book I wrote. I then sent the letter to many friends and followers. I started with this:

Dear friend and reader,

This is my new book on the subject of GOAL SETTING–which I strongly believe I owe my prosperous lifestyle to!

And I still believe that! The book is also full of great stuff that is as useful today as it was then. The book I’m talking about is called How to Ignite Your Passion for Living and I still sell it here.

One of the highlights of the book is the stuff about trying, even if you might fail. It doesn’t take much thought to realize that life is really is too short to not try so we can live our lives with more passion!

Don’t be like those who look back on their lives and realize that they missed out on so many opportunities. The poet Alfred Tennyson said, “It’s better to have tried and failed than to live life wondering what would’ve happened if I had tried.” I do believe most of us would be happier to try and fail than never try at all.

Why is that? I think it’s basic human nature to want those long-lasting good feelings we get from success and, even if we fall short of our objective, knowing we tried. And yes, I certainly had my share of failures and tragedies. But I wouldn’t have it any other way because there is so much to learn from failure if we are paying very close attention. We have the opportunity to realize why we failed and what to do in the future so it won’t happen again that way.

Setting big goals in things that you are interested in is one of the biggest contributors to igniting your passion, even if you fail. I hope you see this and go for those big goals and other things that you want to do with your life. And, as I always preach, be sure to write your goals down. By doing that you are much more likely to achieve those goals. It really works!

Remember, if you fail, don’t give up. Keep trying and study what happened and why so you can keep it from happening again. That’s my challenge to you and to myself. I am, right now as I write this, recovering from heart surgery and doing great but even with this, I will still set some big goals to create more passion in my life!

Living Large Despite Failing

Back in 2015, Mitt Romney, the 2012 GOP candidate for President, made some powerful comments to graduating students at Utah Valley University. He advised the students he spoke in front of “to experience a fulfilling, purposeful life.” He called that living “a large life”. What great advice. We all need to go out and live large, not just when we’re young, but throughout our entire lives.

However, people often hesitate to live large. Why? Because most of the time, they fear their potential failure.

“Failures don’t have to define who you are,” Romney said in that same speech. “Through all my occupations, I have experienced successes and failures. I am asked what it felt like to lose to President Obama. Well, not as good as winning. Failures aren’t fun, but they are inevitable.”

The thing about failures is that they come hand in hand with success. It seems to me, from my experience, that the number of failures I’ve had is in direct proportion to how large I’ve tried to live. So, yes, I’ve had a ton of failures, but some of those have led to some huge successes. And the reason for those successes was that I learned so much from my failures.

I remember one huge loss that I learned a valuable lesson from that then led me to some very, very large successes. I had decided to lend a large amount of money using a restaurant as collateral. Big mistake on my part! Why? Because I don’t know much about that kind of business, so if it failed, I certainly wouldn’t know how to run it. And guess what? It did fail, and I lost almost all of what I had loaned.

What did I learn? Well, first I found out that restaurants have a very high rate of failure and, second, I learned that I shouldn’t stray from what I know best. Not that I shouldn’t ever loan money, but if I do, I should loan it on assets that I understand as well as being on improved real estate which, ideally, would also be income producing.

With those guidelines in mind, I forged ahead and made many millions of dollars’ worth of loans that were backed up by more familiar types of real estate. Those ventures were largely very successful. Later, I discovered that I could do even better by owning the right kind of income-producing properties. I also, very successfully, ventured into the development of condos and warehouses, where the profits were even bigger. Those did come with increased risks, but they were risks I was willing to take because I knew enough to be comfortable with those types of properties. Much, if not most, of the success I had in those ventures came from lessons learned from my failures and my efforts to live large.

Now, living large for you may not be about investing in real estate. It will mean different things to different people, but keep in mind that the term refers to more than making money. As Romney says, it’s about “expanding your world and engaging in your world, constantly learning, nourishing friendships, overcoming reversals and servicing others.” In other words, there are plenty of opportunities for you to live large in a way that is meaningful to you and boosts your life and the life of those around you.

So, what are you doing, or will do, to live large and take your life to the next level?

You Are What You Think You Are

Too many of us stumble through life on one consistently low plane. We see ourselves as failures in the things that really matter. When it comes to high stakes, “Count me out,” we say. “I can succeed at little things, but when the big times come along, I’m a total failure.”

And amazingly, we are right many times. We are what we think we are. We’re much like the fictional character in the novel by Harry Leon Wilson called Bunker Bean. Bunker Bean had a lot of potential locked up inside him, but because it was locked so deep, he didn’t know about it. But then something happened to make Bunker believe in himself, and despite his humble beginnings, he went on to make a fortune, overcoming his fears and weaknesses and becoming a giant of a leader.

Many, if not most people live and die with too small an estimate of their own abilities. As a result, they spend their strength on small tasks and never put their real powers to the test.

So it was with Bunker Bean, at least in the beginning. When Bunker was very young, both his parents died, leaving him alone and friendless in a cold world. As he roamed through his years in rags, living timidly through various terrors, he developed fears of all kinds. He also began to feel inferior because he couldn’t do anything right and his acquaintances made fun of him.

Bunker Bean’s life was one of misery. He was afraid of almost everything—policemen, elevators, streets, social and business situations. He was afraid to make decisions. He was afraid of the future. He was even afraid of himself.

Eventually, Bunker moved into a cheap, rundown boarding house on the unhappy side of town where he met a man who claimed to be a spiritualist medium. This new friend told Bunker that just as we cast off our old shoes and clothes, so we cast off our old bodies when we die; in fact, we are reincarnated as a new person.

The spiritualist was pretty convincing. He was so convincing, in fact, that when he said he had supernatural powers given to him from another world, Bunker believed him and paid his new friend to find out who he was in his previous life. When Bunker was told he had been Napoleon, he totally believed the fake spiritualist. Thinking he had been this great, confident leader in his previous life, he changed to match the image of his prior self which lifted him to a huge and higher life.

I think it’s absolutely incredible how our brains can work to lift us to a much, much higher level of living. Next week I will finish the story of where and how Bunker Bean lifted his life!

Always Living Large

So, I’ve been having a bit of a stressful but exciting week as I work on a big real estate deal. Yes, sometimes, even though I’ve been doing this for decades, making deals can be a little taxing but as Mitt Romney, former GOP candidate for President once said to the graduating students at Utah Valley University about experiencing a fulfilling and purposeful life,  “One thing you’re going to have to do is live a ‘large life’”. What great advice. That is something all of us need to pay attention to. We need to go out and do it and do it our entire lives.  I wrote about this some 4 years ago, but I think it’s worth a rerun. So, here’s basically what I wrote in May of 2015:

So many times, we hesitate to “live large”. Why? Because most of the time we fear that we will fail. “Failures don’t have to define who you are,” Romney had gone on to say in that Utah Valley University speech. “Through all my occupations, I have experienced successes and failures. I am asked what it felt like to lose to President Obama. Well, not as good as winning. Failures aren’t fun, but they are inevitable.”

How about you?  Have you racked up a lot of failures or just a few?  It seems to me, from my experience, that the number of failures I’ve had is in direct proportion to how large I’ve tried to live.  So, yes, I’ve had a ton of failures but some of those have led to some huge successes. And the reason for those successes was that I learned so much from my failures.

I remember one huge loss that I learned a valuable lesson from which lead me to some very, very large successes.  What happened was I decided to lend a large amount of money with a restaurant as collateral.  Big mistake on my part! Why? Because I don’t know much about that kind of business so if it failed, I certainly wouldn’t know how to run it. And guess what? It did fail and I lost almost all of what I had loaned.

What did I learn?  Well first I found out that restaurants have a very high rate of failure and second, I learned that I shouldn’t stray from what I know best.  Not that I shouldn’t ever loan money but if I do, I should loan it on assets that I understand as well as being on improved real estate which, ideally, would also be income producing.

I forged ahead and made many millions of dollars’ worth of loans that were backed up by real estate and was very successful.  Later I discovered that I could do even better by owning the right kind of income producing properties. I also, very successfully ventured into the development of condos and warehouses, where the profits were even bigger although they did come with increased risks but in that case, those were risks I was willing to take.  And much, if not most of that success, came from lessons learned from my failures and my trying to “live large”.

Romney’s words are not just for graduating students. They are wise words for us at any age!

The Risk and Reward of Living Large

Mitt Romney, former GOP candidate for President recently made some powerful comments to graduating students at Utah Valley University. He advised the students “to experience a fulfilling, purposeful life. One thing you’re going to have to do is live a ‘Large Life’”. What great advice. That is something all of us need to pay attention to. We need to go out and do it and do it our entire lives.  So many times we hesitate to ‘Live Large’. Why? Because most of the time we fear that we will fail.

“Failures don’t have to define who you are,” Romney had gone on to say, and of course we all have had failures.  He further stated, “Through all my occupations, I have experienced successes and failures. I am asked what it felt like to lose to President Obama. Well, not as good as winning. Failures aren’t fun, but they are inevitable.”

How about you, the reader?  Have you racked up a lot of failures or just a few?  It seems to me, from my experience, that the number of failures I’ve had is in direct proportion to how large I’ve tried to live.  So, yes, I’ve had a ton of failures but some of those have led to some huge successes. And the reason for those successes was that I learned so much from my failures.

I remember one huge loss that I learned a valuable lesson from which lead me to some very, very large successes.  What happened was I decided to lend a large amount of money with a restaurant as collateral.  Big mistake on my part! Why? Because I don’t know much about that kind of business so if it failed I certainly wouldn’t know how to run it. And guess what? It did fail and I lost almost all of what I had loaned.

What did I learn?  Well first I found out that restaurants have a very high rate of failure and second, I learned that I shouldn’t stray from what I know best.  Not that I shouldn’t ever loan money but if I do, I should loan it on assets that I understand as well as being on improved real estate which, ideally, would also be income producing.

I forged ahead and made many millions of dollars’ worth of loans that were backed up by real estate and was very successful.  Later I discovered that I could do even better by owning the right kind of income producing properties. I also, very successfully ventured into the development of condos and warehouses, where the profits were even bigger although they did come with increased risks but in that case, those were risks I was willing to take.  And much, if not most of that success, came from lessons learned from my failures and my trying to ‘Live Large’.

Next week, I want to address something else Mitt Romney said at Utah Valley: “Your life will be larger if you value and nourish friendships.”  Those are also some very poignant words.