iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

All Bark, No Bite

I can’t say that I’ve been the hardest working person I’ve ever known, at least over the long term. There have been periods in my life where I outworked others for nothing, resulting in crap results. One of my early mentors, who was blessed with an insane gift of gab, used to brag about “working smart” instead of hard. He was the biggest producing broker at the firm and could pretty much write his own paycheck.

On many occasions I’d work from 7:30am to midnight, desperately trying to get clients–which often ended in pathetic fashion. On other occasions, I’d work until noon and get three. The world is funny like that. I truly believe achieving success starts in the mind. However, sometimes the mind paralyzes the body, resulting in a lot of nothingness.

I once knew a person who was planning and plotting for success. He had motivational quotes on the wall, listened to Anthony Robbins constantly, and always told people his plans for rapid, unprecedented, growth. We all fall into that sort of trap, every so often. The trick is to not start believing the fairy tale. I’ve always found it more fulfilling to act, instead of talking. And if I wasn’t gonna act, don’t bother talking about it.

In other words, plan less and do more. It’s better to make yourself out to be a jackass by failing instead of never trying. The worst type of regret is the one rooted in inaction, the guy with the white board and goals, pictures of the fast car and million dollar mansion on his desk, yet takes an hour to eat lunch.

S&P futures are higher this evening.

As you were.

http://www.youtube.com/watch?v=s2A7nhjdbA8

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25 comments

  1. sk

    Love posts like these, couldn’t agree more. Successful people fail small a lot until they succeed in a big way.

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  2. speerothekid

    It’s true what they say about half of life consisting of ‘just showing up’.

    It never ceases to amaze me, professionally, how this is consistently true. Most people can’t be bothered to wake up early, let alone stay up late.

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  3. UncleBuccs

    Dr. Fly, wasn’t the gifted gabber’s garrulous gift literally fueled by cocaine? We can only give him so much credit…

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  4. jules

    “Work smart not hard” <— the greatest advice in the history of mankind.

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  5. jules

    My colleagues work a lot harder than I do, but since I can joke around, talk sports and drink until 2 AM and still show up for work the next day puts me leaps and bounds ahead of them.

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    • The Fly

      Not everyone should ascribe to this Laissez-faire way of working.

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      • jules

        I agree, but most people can be technicians not everyone can be a salesman. People who bring in the money (no matter what the business) usually reap the most rewards.

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  6. metalleg

    What you say is so true. Look at Obama and Deblasio. Two guys who never busted their asses doing anything of importance, accomplished nothing, and look where they are today.

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    • helicopter ben

      I try not to shit up Fly’s comment wall but you are an unabashed faggot, no homo. Full disclosure, I know Obama is doing a terrible job.

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      • metalleg

        I’m sure Fly and the fine folks at IBC are thoroughly impressed with your high intellect and toughness while anonymous.

        You sir are a douche bag.

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  7. anton

    10

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  8. ultramarine

    Dr. Fly, I recognize the terms on that whiteboard image you posted, from the game Eve-Online. I believe this is a planning board by the game’s designers from almost 3 years ago:

    http://community.eveonline.com/news/dev-blogs/nullsec-development-design-goals/

    In this case the the developers acted on their plans, in case anyone was curious. The game has a cult following and is basically playing “spreadsheets in space”. I don’t play it, just read up on it out of curiosity.

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  9. ironbird

    Get happy tapes or seminars of any kind are for losers. It is fact. Only a loser does not understand winning. Genetics.

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  10. ironbird

    Furures have the why make a new high melancholy. Not sure why they should,either.

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  11. juice

    “The root and the fruits of all human phenomena are one’s own consciousness and its thoughts, the might of which transforms everything into reality …”

    and this blade of the consciousness and its thoughts strikes both ways … iow, to the positive & to the negative … therefore, beware and be aware of your thoughts, for you shall reap what you sow

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  12. The Next New Cat Thing
    The Next New Cat Thing

    Without ethics, hard work is a vice.

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  13. squaretimber

    Needed to hear this. Great post. Thanks Fly.

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