The 3 W’s of Success

by Krantcents · 17 comments

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The 3 W’s of Success is the twenty-third in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it was going.

Background

At my age (65 years old), I have accumulated a lot of experiences.  I have eighteen years of schooling, world-wide travel and forty plus (40+) years of work experience. By now, I should know who I am.  More importantly, who have I become?  I read a lot of business books and biographies to learn how successful people accomplish their goals.  I would observe successful people and learn what traits were necessary to be successful.  Who is the successful person?

I found success early in my life!  What skills or knowledge do you need to be successful?  I think it is personal that is each individual can have the skills and knowledge and not be successful.  What is the secret?  I think it is tenacity or determination.  Is it a college degree, a certain career or some special trait?  Finding your passion and doing it well will lead to success.  So spend your time on the “what” you do!  Find something you love to do and you will be good at it.

Timing is everything or nothing!  I invested in income property in the late 1970’s.  Was that the best time to invest?  Timing helps, but it doesn’t matter.  Now is the best time to invest in real estate with home values so low and mortgage interest rates at a sixty (60) year low.  If you do not have the money or you do not want to invest in rental property, timing does not matter.  Timing is something you must recognize and be ready to take advantage of it.

Who

Who is successful?  Have you ever tried to identify their traits, skills or experience?  Did they go to an Ivy League college, sports star, good grades or just lucky?  Are they natural leaders, popular, tall, good looking or just lucky?  There are a lot of things to sort through to figure this out.  There are a number of books that identify traits of millionaires which will provide some helpful hints, but there is no comprehensive research that says if you have A-E, you will definitely be successful.  Most successful people are tenacious and persistent which seems to trump many of the other traits.

 What

What is success?  A successful student will achieve good grades.  Success is just the accomplishment of an aim or purpose.  I want to emphasize the “what” to make you a success.  What should you do to be successful?  Spend time to figure out the “what” for you.  Do something you enjoy and want to spend 20 hours a day doing.  It shouldn’t feel like work, but something you enjoy.  If you enjoy it, you will spend the necessary time to make it successful.  You will learn the necessary skills, training or find the resources to reach success.  The “what” is the important aspect of success!

When

When is success?  How do you recognize when to do something?  Are you just lucky or do you plan your tasks and goals.  Planning works better than luck and recognizing opportunities takes skills and experience.  What skills do you need to recognize an opportunity?  Consistent and deliberate behavior works better than luck.  If you are working in the field you enjoy, you recognize opportunities because you have experience.

Final Thoughts

This is the twenty-third article in the series about success; I expect to publish throughout 2012. There will be twenty-six (26) of them, one for each letter of the alphabet. The 3 W’s of success are who, what and when. I think everyone wants success in life; business and career; however it takes a concerted effort to reach success. The difference between the impossible and the possible lies in a man’s determination.” Tommy Lasorda sums it up much better than I can!

I started this series because I run into so many people who have difficulty reaching success. They want to know my secrets! So I thought I would share them in a format that will be most helpful. I also think this format may make it more interesting and easier to use. My goal in these articles to provide useful and interesting information that will help you succeed. The 3 W’s of Success is now a series.

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{ 12 comments }

Denise Gabbard June 18, 2012 at 6:12 am

Good post, KC.

This line— “Most successful people are tenacious and persistent which seems to trump many of the other traits” is something that every person who does not think they can be successful needs to see, because it is absolutely true.

While I have not been around quite as long as you have (lol) I have seen lots of examples of this in my life as well–it is the person that wants something badly enough that will figure out a way to get it. Often, that person is NOT the most educated or intelligent by a long shot– they just know what they want and will stop at nothing to get it.

Krantcents June 18, 2012 at 6:29 am

Thanks, I always felt that is what distinguishes me from other people. I am the most determined to succeed!

Lance@MoneyLife&More June 18, 2012 at 8:41 am

I think you nailed it on the head. Persistence is key. If you give up when things get hard and you don’t persist you definitely have a much lesser chance or being successful .

Krantcents June 18, 2012 at 11:26 am

It is one of the things that distinguishes me from other people. I am the most persisitent and determined person in the room. I think it also helps to have good problem solving skills too.

From Shopping to Saving June 18, 2012 at 2:38 pm

You’re right about everything. I think we all have different definitions of success, and how to achieve it. One person’s road to success may not be the same as the other person’s, but we can all learn from each other.

I’m starting to learn that sometimes it IS about timing and/or luck.

Krantcents June 18, 2012 at 4:00 pm

It is all about recognizing opportunities and going for it. This is true for entrepreneurs and traditional careers too.

AverageJoe June 18, 2012 at 10:30 pm

I think you’re right on. Planning is the key. I had to plan my time to come here, as an example. By deciding where I am and what I do with my time, I’m able to better attack my day. I also find that people notice!

Krantcents June 19, 2012 at 6:28 am

A goal and a plan is key to your success. Part of your plan is setting aside time to do the tasks to reach your goal.

Fahad June 20, 2012 at 11:14 am

The most important thing is how you follow the plan you made. Making a plan is easy ;) Following it is hard

Krantcents June 20, 2012 at 11:19 am

I agree, but you should be motivated to follow your plan. I usually break down my plan into daily tasks and I just focus on the tasks. I monitor my progress daily/weekly/monthly and adjust my effort. I try to make a habit or routine so I just do it.

Barbara Friedberg June 26, 2012 at 7:02 pm

I believe it is crucial to define success for oneself and not be consumed with others definitions.

Krantcents June 26, 2012 at 7:35 pm

Success can be personal because you define what you want to accomplish.

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