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Inaction vs. Wrong Action

I can't take responsibility or credit for the title of this blog post. 

So let's give credit where credit is due. 

Inaction leads to failure more often than wrong action.
— Morgan Newman at Inc.'s GrowCo Conference

No matter what it was that lead to Mr. Newman's profound perception, the application of his perception to Wealth Management is unmistakable. 

To be sure, there are many people who have justified their inaction by telling themselves and others, that their inaction is a direct attempt to avoid the wrong action. 

It's not can make a mistake by doing nothing, simply because doing nothing is an active decision whether you think it is or not. 

You know what else is not true?

  • There'll alway be time
  • The best is yet to come
  • That'll never happen to you
  • You did it once you can do it again
  • Build a better mouse trap and they will come
  • It won't look anything like that when you get there
  • It won't matter anyway
  • It's never too late to start

Should we go on?  Hardly. 

Waiting to get it "just right" most likely means that what you've gotten just right is your ability to get it mostly wrong.