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- How to become 1 in 10,000
How to become 1 in 10,000
the "One Basis Point"
I had planned to write a review today about the excellent "Made in Heaven" TV series, but my attention was diverted by an exceptional post by Dr. Ali Noorani.
Made in Heaven review to follow
Out of 10, only 1 actively seeks opportunities. | 1/10
Out of that 10, just 1 recognizes those opportunities. | 1/100
Out of that 10, merely 1 takes proactive steps. | 1/1,000
Out of that 10, only 1 finally acts. | 1/10,000
This concept has truly resonated with me. Having worked as a credit trader, I often thought in terms of basis points (bips), which represent the 1% of the 1%.
the markets reflect reality
In the law of large numbers, these figures frequently materialize. It's not so much about the 1%, but the 0.01%:
Gilded Age: the top 0.01% have 10,000 times more wealth than average
The original post, which sparked today's newsletter, emphasizes how to become 1 in 10,000. Paradoxically, it's both the simplest and most challenging thing to achieve: Edit your reference group!
When it comes to cultivating an inner circle of relationships that fuel your success, the essential context for those you cultivate must be based on the future you want for you.
I'll pause here in today's post because I believe this offers ample food for thought. Feel free to share your thoughts, as engagement always enriches the conversation!
Zeek Signing out!!
The Greatest Name | Yá Baháʼu'l-Abhá: O Thou the Glory of the Most Glorious!