Build A Work Ethic Like Elon Musk

As some of you may have realized by now, we are not just traders. Our work and content consistently reflect that fact. We aim to build a great life inside and outside of trading and business.

This is our latest, fresh hot-off-the-press personal primer on work.

Having a great work ethic is critical to success in life in just about any endeavor, including trading and investing.

Through this piece, we hope to inspire everyone to work hard to achieve your goals, like we did and are still doing.

Cheers!

Short exercpt:

"Work. The four lettered word all successful people empathize with. It's something most of us hate, or at least we can't wait to end the oh-so-mundane "work week" in time for the weekends. Work is such a dichotomous thing. It conveys to each of us varying platitudes that are both somewhat similar and different all at once.

What I'm trying to get across is the meaning of work and how it relates to success. I love work, and life really isn't life without work. Work means productivity, forward progress, and growth. Work is everything to me. In my eyes, work is fun and enjoyable. It has to be. How else can I love work otherwise?

Being both the Founder Business Of Finance, and a self-directed retail Trader and Portfolio Manager, there is always so much to do, so much to work on. Responsibilities are aplenty but so is the sense of acomplishment when something gets done well."

READ: http://www.businessoffinance.com/lif...24/loving-work

"If other people are putting in 40 hours in a week, and you're putting in 100, you will achieve in four months, what it takes them a year to achieve." - Elon Musk, CEO Space X, Tesla Motors

Hello there,

Work. A four-letter word that usually is associated with impending stress and challenges for most people. Many of us hate work, yet so many successful people empathize with it - some even live, breathe, and dream about work.

To us, work is a necessary thing in life. It keeps us progressing and elevating our lives to higher levels. We have talked about before how much we value progress in life - from improving your fitness, reading more books than ever and getting ahead in your career.

Simply put, work means productivity, forward progress and growth. Creating value in your life for yourself and for others.

In today's write up, we share with you how work drives you forward to success, and how we built a powerful, productive work ethic ourselves that got Business Of Finance to where it is today.

Understand it all, here:
Loving Work (<< READ HERE)

Success. A word thrown around often, yet what does it mean and why is it so elusive? Is there a formula to success? What is success?

As a trader and entrepreneur, I often think of success in financial terms. A big fat bank account. Insane trading results. But, as with anyone experienced in life will share, there is so much more to life than just money, wealth and luxurious toys. More money does not make you happier beyond a certain point. Wealth can sometimes hinder rather than progress. So we sat down, did some did thinking, and finally grew the courage to pen our thoughts down.

This is the result:

"Be happy. Always be happy. In life, perspective is not everything. It's the only thing that really counts. This is all so true in an increasingly materialistic world, where society measures "success" by the number of digits in your bank account, the credit card you overtly swipe a posh dinner restaurant, or by the car you drive. Easier said than appreciated."

This is a short excerpt from our article, The Secret To Success. Enjoy the read. Hope we inspire you to greater heights in your life!

Remember to work hard and love life guys! Great weekend ahead...!

Our latest work...

Post April NFP...No More Rate Hikes?

http://www.businessoffinance.com/sni...-open-for-hike

Here are some bulletin headlines from the April FOMC event immediately after the statement's release:

1. FED REMOVES REFERENCE TO GLOBAL EVENTS POSING RISKS TO OUTLOOK
2. FED SAYS LABOR MARKET IMPROVED EVEN AMID SIGNS OF SLOWER GROWTH
3. FED REPEATS ECONOMIC SITUATION WARRANTS ONLY GRADUAL RATE HIKES
4. FED SAYS HOUSING SECTOR IMPROVED FURTHER SINCE START OF YEAR
5. FED TO WATCH INFLATION, GLOBAL, FINANCIAL DEVELOPMENTS CLOSELY
6. FED: INFLATION BELOW TARGET DUE TO CHEAPER NON-ENERGY IMPORTS
7. FED SEES MODERATE GROWTH, STRENGTHENING LABOR MARKET AHEAD
8. FED REPEATS ECONOMIC SITUATION WARRANTS ONLY GRADUAL RATE HIKES

This is precisely what we talked about in out last snippet, that the Fed will rather err on the side of caution than to tighten prematurely and risk having to reverse its path of policy actions — which would not only deal great harm to both the actual economy and global financial markets, but also eviscerate the last remaining bits of credibility the Washington-based entity has left.

http://static1.squarespace.com/stati...5986/image.jpg
"The reaction across stocks, USD, gold, and U.S. treasuries post a quasi-dovish FOMC, or what we call a "hawkishly-dovish" statement.

Equities are higher post event as risk flows turn positive after the initial knee jerk lower. SPX is attacking the week's highs as we go to print.

The U.S. dollar is weaker post event after initially ramping, again on a knee jerk. It seems market participants view the April statement as more bearish the dollar than bullish, despite FOMC having removed the emphasis on negative global risks, and reasserting that the labor market is on track to reaching full employment.
Bonds are higher (yields lower) post event, and are perhaps the single most dire
ctional asset class here other than equities. Markets clearly view the statement as dovish — Bullish for equites and bonds, bearish for dollar.
And lastly, Gold remains confused after dumping on a knee jerk, then rallying to unchanged, then dumping again before somewhat stabilizing slightly lower pre-FOMC. We note that silver is trading much stronger than gold is."

Business Of Finance on Facebook, 28 April 2016

Check out our articles before you begin trading this week! Work hard people!