Keep Winners, Ditch Losers
The leader must decide when to hold on, and when to let go. The decision isn’t always easy, especially when there’s a lot at stake.
Take for instance the boss that must choose to keep or fire a lazy employee. On one hand, the employee isn’t doing the job and is costing the company. On the other hand, the boss may not feel comfortable firing the employee, especially if they’re friends.
Each time we make a decision, we must deal with the consequences of that decision. We must behold the possibilities and beware the risks.
How do we determine the right course of action?
A good rule of thumb is to keep the winners, and ditch the losers.
A time-tested principle of investing tells us to focus that which is growing, or profiting. At the same time we must get rid of those things that do not show growth, or show the most potential for failure.
Take relationships for example. It’s probably a good idea to nurture relationships with people who are genuine, trustworthy, and loyal, and who value you and your success. Keep the people that support you, and that make you a better person.
At the same time, you should walk away from those that do not value you, and want to bring you down. Steer clear of relationships that you know will end in disaster, and people that you know are “unsavory” characters.
If you’re looking to advance in your career, look for opportunities that you can enjoy and grow from. Invest your time in business activities that will lead to your well-being.
As well, ditch the jobs or careers that don’t interest you, or that make you miserable.
When you invest in winners, you are more likely to see a return on your investment down the line.
You’ll enjoy closer relationships, a stronger career, and greater wealth. When you get rid of the losers, it frees up more time to invest in the winners, and ultimately achieve massive amounts of success.
Are you always going to win? No.
But, keeping and investing in winners has great potential to turn you into a happier, healthier, and wealthier person.