The Daily Meaning

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Archive
Categories
Debt, Relationships Travis Shelton Debt, Relationships Travis Shelton

No Room For Hypocrisy

In short, I have a one-word answer for this: hypocrisy. Hypocrisy prevents me from using credit cards. If I'm publicly and privately criticizing the use of credit cards, warning of the risks, in what world would it make sense for me to use one myself?

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Debt, Behavioral Science Travis Shelton Debt, Behavioral Science Travis Shelton

Just Pay It Off Each Month, They Say

Credit cards are our best friends... until they become our worst enemies. Unfortunately, we never know when that tipping point will come. One minute we're fine, and next our financial life is ruined. I've been on a crusade against credit cards for nearly 15 years, and there's no better topic to stir up the hate train than to discuss my disdain for them.

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Investing Travis Shelton Investing Travis Shelton

Embracing the Chaos

But what about 8-10%!?!? Isn't that what we should use to gauge performance? Yes....and no. Let's play a little game. In the last 155 individual years, how many years did the stock market finish in the positive 8%-10% range?

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Growth, Meaning Travis Shelton Growth, Meaning Travis Shelton

Letting Go

Letting go is the hardest thing in the world. It reminds me of something a pastor once told me: "If everything God tells you to do is what you already wanted to do anyway, that's not God. That's you living for your own selfish desires and using God to justify it." Ouch.

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Growth, Impact, Meaning Travis Shelton Growth, Impact, Meaning Travis Shelton

Not Going to the Grave With Me

Every so often, I feel the need to ask for Sarah's opinion before publishing a blog or podcast. Either the content is too sensitive, or I feel a tinge of doubt. Last December, when I presented something to Sarah, her response was, "Please don't post this. I think you'll regret it." I canned it. For the past 10 months, it's just been sitting in my drafts.

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Impact Travis Shelton Impact Travis Shelton

Just Chilling On a Hard Drive

14 years "just chilling on a hard drive," as Tyler put it. That song could have died with them. It could have been taken to the grave. Not one other person in the world might have ever heard it. But then, in some form of beautiful serendipity, they were nudged to finish it and release it to the world.

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Relationships Travis Shelton Relationships Travis Shelton

Fighting Secret Battles

Here's the thing. Secret battles aren't reserved for people who look like they are fighting battles. Looks can be deceiving. Often, the people who are fighting the fiercest battles are the people you'd least expect.

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Behavioral Science, Meaning Travis Shelton Behavioral Science, Meaning Travis Shelton

So?

He knows exactly what he doesn't want to do......and he knows exactly what he does want to do. There's one thing that stands in his way, though. "What if I'm not good at it?" Fear. More specifically, the fear of failure.

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Entrepreneurship, Growth Travis Shelton Entrepreneurship, Growth Travis Shelton

More To the Story

Statistics show that 20% of businesses fail within the first year, 50% fail within the first five years, and (depending on the source) 65%-80% fail within the first ten years. You've probably heard some iteration of these numbers. The broad consensus upon seeing this data is to conclude that business ownership is simply an uber-risky endeavor. That theory makes sense, and the numbers would seem to point in that direction, but I don't think that tells the full story.

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Impact, Growth Travis Shelton Impact, Growth Travis Shelton

The Gatekeepers Are Dead

For generations, we lived in a world of gatekeepers. If you wanted to publish a book, you'd need a publisher to say "yes" to you and offer to publish it. If you wanted to be a radio or TV personality, you'd need a network to sign you. If you wanted to record an album, you'd need a label to discover you. If you wanted to start a business, well, there were a ton of barriers to entry.

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Relationships, Growth Travis Shelton Relationships, Growth Travis Shelton

The Secret Sauce

When someone lacks humility, the ceiling is quite limited. With a high level of humility, there's nothing that can stop them. That's it, that's the secret sauce. If you ever want to know what sets some people apart from others, it's humility.

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