Post
Topic
Board Economics
Re: Raise your expectations, but lower your anticipations
by
Juse14
on 19/09/2024, 21:32:23 UTC
Expectation is about action, while anticipation is about results. Increasing our expectations for something fuels our motivation to act, but at the same time, lowering our anticipations helps reduce the sense of disappointment.
Investing can be seen as having a higher chance of success compared to starting a business, because you're putting your money into companies with stronger competitive advantages. However, whether you're investing or starting a business, you need to accept that you might lose that money the moment you put it in. Put in 100% effort, but don’t get too caught up in fantasies. The outcome will be a natural result of your hard work.

It makes sense. Hope does lead to action which drives us to strive towards our goals and work hard but on the other hand keeping expectations limited helps in not getting disheartened if results are not up-to what was expected. In investing, it is accurate that chances of being successful are more since most of the time we are putting money into already established companies with a firm base. Yet one could lose cash also, much like when one is starting a business.

One has to try their level best- in investing or business, while keeping risk considerations grounded. If we become too absorbed with the idea of overnight success, it is possible that we lose sight of practical risks. Give all with regard to the process and not the results because the results which come about are a manifestation of the effort that was put into them, not mere hope.