Sinan Koray

 

Sinan Koray

I heard the expression “Snap Point” in a seminar given by a business consultant. He was describing how his first business was not doing so well and in the middle of drowning in debt, he had a “Snap Point”. He saw what he was not doing wrong and what he needed to do right in order to get his business in the black. He then went on to build one of the most successful businesses in his line of work. But he had to come to that Snap Point.

Some of us call this an “aha”. Others name it a “Turning Point”. What is most common to these crucial points in our lives is that the pain is almost unbearable. Out of that intense pain comes the drive, the motivation, the “aha”, the wisdom to make it work. Take David Bowden. He was bankrupted by changing tax laws and he had his back against the wall. Would you say he reached his “Snap Point”? Look how successful he turned out to be.

Here is another story of one of our clients. This client wanted to have a chat to me at one of our Trading Tactics Seminars. He said he knew what to do, but did not “do it”. Further discussions revealed that he had a real estate business that was bringing him a seven digit income. Can you see the connection? He wasn’t hungry enough. He wasn’t in pain enough to do what it takes, to make his trading a success.

Take a look at your life. Can you find examples of “Snap Points”? Have you almost got to the edge or maybe even went beyond the edge to then turn around and make your business, your relationships, your friendships, your career, your family connections, your trading a success?

Whilst pleasure is indeed a motivator, pain is a much bigger one. Where does the pain come from? It may be financial difficulty (as it was with David), it may be the based on being told what to do by those you work for, it may be because you want the best for your family and kids and you cannot provide that right now. Frustration, anger, sadness, worry, anxiety, desperation are all examples of pain.

Some would say: “Do we really have to experience pain to be successful?” Do you really have to snap to be a success? Not necessarily. You can, in your imagination, go to a future point in time and experience the frustration, the pain of staying the way you are. What would you feel if nothing, absolutely nothing, had changed in ten years time? You are exactly the same place financially in 2018 as you were in 2008. Do not just think about it, feel it, experience it, notice the consequences. Live the “Snap Point” in the future, and bring the drive to make it happen to the present time.

Believe, achieve

Sinan Koray