Knowing something on an intellectual level is useless. It can be entertaining discussing a topic at dinner parties but how often do we know a topic to the level of application & expertise?
We really only know a subject when we apply it in our lives i.e. we are living it.
“Knowing is not enough, we must apply. Willing is not enough, we must do.” ~ Johann Wolfgang Von Goethe
In learning a whole new business model with Book Arbitrage at first I intellectually understood it i.e. buy low, sell high. Makes sense, right?
Understanding that & then doing it well took time.
It was only when I deeply immersed myself into my business to understand the ins & outs of it that I really ‘got it’.
This served me in two ways. First, I now understood every aspect of our business which meant I was applying what I knew. Crucial!
Next, I gained super confidence in my business application because I knew what I was doing on a deep level rather than a periphery intellectual one.
The benefits of this ‘knowing’ means that I am an expert in my own business. If I am not an expert in my own business then who is?
“Knowledge is useless without consistent application.” ~ Julian Hall
The next piece that adds momentum to knowledge is consistent use of it. Again, often times we can know what to do for a while & then life can seem to pull us in different directions & we no longer apply what we know with the same intensity.
This is why deep immersion in an area of importance in our lives like business, so that it is a way of life, is the best strategy for success.
Certainly for those of us who are active in our Book Arb community we live our knowledge as a way of life by sharing our strategies, wins & challenges. We inspire each other to take more action with our consistent results.
This ensures consistent deep diving as our way of life & ongoing success.
We constantly sharpen our axes on each other which keeps our fires burning & ensures consistent application & growth on our journey to mastery.
Now, that is success!
“Surround yourself with greatness.” ~ Unknown
By surrounding yourself with greatness, you become great yourself & elevate others to their greatness too. That’s really living life to the full!
So ask yourself today, “Just how well do I know my business & how well am I applying what I know? Who have I surrounded myself with?”
Next, I will discuss how wonderful “mistakes” are in this business…..