Five Bruce Lee Principles For Your Financial Dreams
Even after his death four decades ago, Bruce Lee’s philosophy still has a great impact not only in martial arts, but also in our financial lives. He was an actor, martial arts guru, philosopher, film director and screenwriter. UFC founder Dana White believed in Bruce’s principle of having no particular style as style, retaining what works and throwing away the useless.
Let us learn from his principles as they apply to our financial dreams.
- Take knowledge from as many fields as possible.
When Bruce Lee was developing his martial-arts philosophy, he connected with other masters to learn from the different styles. He even took up boxing, fencing and dancing lessons and combined them. To learn about money, he connected with people who were good in personal finance and learned budgeting and smart spending, investing (mutual funds, stocks, forex and real estate), and protecting and preserving wealth. As Bruce Lee said, “Adapt what is useful, reject what is useless and add what is specifically your own”.
- Break the rules.
Bruce grew up in Hong Kong, where he was taught traditional martial arts. During that time, they were prohibited from straying from the teachings of their masters. They have to adhere to a fixed pattern of fighting. Bruce went against the flow and later developed Jeet Kun Do.
Unlike in the past, savings can no longer help solve today’s financial problems. As Robert Kiyosaki said, savers are losers as the interest rate for savings accounts is currently 0.5 percent. One should get out of their comfort zone in banking and invest money in legitimate instruments.
A good example is Steve Jobs, who applied this principle when he launched the Apple desktop. Steve Jobs revolutionized the computer industry because he broke the rule that there was no need for computer in someone’s house.
According to Bruce, “All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns.”
- Develop your true potential.
Bruce was an avid reader of all forms of philosophy and used them to influence not only his views on martial arts but also in his film career. So positive was his mind that he even proved his doctors wrong when they said he may never walk again. He went on to pursue his mission to spread martial arts worldwide. According to Bruce, even as a child, he had this instinctive urge for expansion and growth.
Don’t let your dreams be controlled by the fear of how other people view you. Work on yourself. Do something every day that allows you to expand and grow. Never mind the negative people around you. Surround yourself with positive people and realize your own dreams.
- Don’t listen to other people.
Bruce was seen as a “super hero” because he provided an example that anyone from any background or ethnicity could become someone and have a massive impact on the world. He said, “I’m not in this world to live up to your expectations and you’re not in this world to live up to mine.” Each of us have different ways to achieve our dreams. Never make the mistake of listening to the doomsayers. Just focus on your goals and listen only to yourself. When people say investing is risky, do not mind them as long as you know what you are doing.
- There are no limits.
In 1970 Bruce wrote himself a letter. He wrote he will be the first highest paid oriental superstar in the US. He aimed to achieve world fame beginning in 1970, and from 1980 he will have material possessions worth $10,000,000.
He believed that by putting limits on everything you do, this will spread to your work and on to your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. At the time of his death, he was on the verge of fulfilling all that he had written down on that piece of paper.
Dreams are free and have no limits.
However, dreams do have a price. Sacrifices have to be made in order to achieve them. By investing diligently, one can achieve one’s life goals. Anything our mind can conceive and believe, we can achieve.
Dream like Bruce and you be certain to succeed.
Edmund Lao, is a Registered Financial Planner of RFP Philippines. To learn more about personal-financial planning, attend the 63rd Registered Financial Planner program this July 2017. To inquire, e-mail firstname.lastname@example.org or text <name><e-mail> <RFP> at 0917-9689774.)
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