Thread by @TihoBrkan

Sometimes you should strategically take a step back so that you can actually take 2 or 3 steps forward.

This is called a Slingshot Effect.

In 2020, I will be taking a step back from social media & FinTwit, so that my net worth can go 2-3X forward.

Still will be posting though.

I don't believe in making a huge amount of goals for yourself.

Some people write down all their wildest dreams & wishes and they end up having 17 or even 24 goals... or something ridiculous like that.

I just find that pulls me into too many directions as you have no focus...

...or concentration on just one thing. I rather pick 1 major goal & 2-3 minor goals. That's it.

For example:

1. Make a million US dollars of after-tax income in 2020
1a. Eliminate social media, TV, distractions
1b. Be more present & focused
1c. Spend more time with family

Another way to think about the Slingshot Effect is the amount of sacrifice you make, on a daily basis, is like you are pulling back that tension that will result in future success.

Only a handful of people really pull that slingshot tension all the way back by sacrificing...

...staying focused, exercising regularly, investing time into themselves, reading books, meditating & removing distractions (like FinTwit, Instagram & other nonsense).

In return, these few get huge rewards (in all areas of life) once that tension turns into slingshot energy.