In my meditations preparing for the day this week I've been thinking a great deal about the lioness. She is the hunter that keeps her pride alive and she has common strategies that are relevant in the world of business and investing. We could learn some important lessons from her. Patience The first thing to learn from the lioness is patience. Often she will hide in the tall grass for hours studying her opportunities and waiting for just the right moment to make her move. Discernment The lioness does not pounce on every opportunity she sees. She knows how to protect her resources of time and energy. Many people new to business and investing want to over engage in investments that fall through draining valuable resources. Relax! Only take the best opportunities with the best probabilities of success. How do you know which opportunities have the best probabilities of success you ask? Become educated on well-used real world strategies with documented results and document your own experiences in a journal or on a spreadsheet and over time you too will know which opportunities are worth the time and energy and which ones are not. Know your hunting grounds A lioness will scout her hunting grounds knowing the best advantage points. It is the same with the investor. A stock trader will have a few core stocks that she revisits often in order to make successful trades. A business person will be an expert of a particular area. Sometimes that area is geographical and sometimes it is an area of expertise in a field of study but they know the field they are working in and that knowledge and wisdom that comes from experience brings success whether it's a business project or a lioness' hunt. Know when to rest Lionesses will often stretch out in the warm sun for a nap. Being rested is an important part of being good at business and investing. Good decisions are not often made by exhausted, stressed, and over-worked state of mind. Take time to rest and relax with those who you enjoy being with, because it is in these times that inspiration is able to find us and offer us some great insights that lead to opportunities! If the pride doesn't eat, she doesn't eat. In a pride of lions, as with any leadership position, if the team is not fed the leader doesn't get to eat. In business if everyone else isn't taken care of the owner doesn't get a check. In investing there is risk there is no absolute guarantee of a return. It's important to know this and plan accordingly. However, when done well there are more wins and more productive hunts then there are hungry nights. That is what makes all the effort, patience, and planning worthwhile. AuthorSophia Tesch is a #momtrepreneur who lives in Arizona.
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August 2024
AuthorSophia Tesch is a graduate of the Hugh Downs School of Human Communication at Arizona State University. Sophia is a community advocate. She lives in San Tan Valley, Arizona with her husband and children. |