The Billion Dollar Question
A note on Emotional Intelligence
No matter what industry, career, or skill you are seeking to conquer, your Mental Capacity and Emotional Intelligence will determine how far you will get.
God punishes you by giving you everything you want to see if you can handle it.
- Mike Tyson
So how does one develop high EQ for the ability to produce 9 figures?
First we will build some context on exactly what I am talking about.
How can a task can be “easy” for someone but reck havoc on another person. What separates these two people? Emotional Intelligence. There are plenty of examples in the world, so I will let you come up with your own examples. It is all relative for each individual.
Now we can move forward.
I am essentially arguing that EQ is the majority of overall success. If EQ is a mental muscle that can be strengthened, what are exercises to expand it?
Failure is focused on by Bruce Lee, Michael Jordan, and the late Kobe Bryant to name a few. All these champions failed more than one could count. Everyone fails, but how many times? The amount of failures is equal to your level of experience and success.
Developing experience is another mental workout for EQ. As one tries more, you learn more about yourself. “Speaking from experience”
Self-development…Are you learning your individual strengths and weaknesses? Are you aware of yourself? Awareness and Self-Development are signs of EQ.
Control
No matter how smart a person is, they must have the strength to make the correct decisions in each scenario. Failing to control your emotions will be followed by failure. A key foundational principal. Control one’s emotions. Why did Steve Jobs wear the same outfit each day? He was eliminating daily decisions to improve his control on more important decisions later in the day. What a great example to prepare for the ability to control emotions before you show up.
Communication
Finally, the final piece is articulation of your thoughts into words. The goal is to remove miscommunication or misunderstanding otherwise conflict can emerge. No one will work with you if you are not able to communicate properly. In my opinion, this is where individuals are either accepted or rejected in any scenario. All types of champions have mastered the ability to communicate in all parts of life. A major sign of high EQ.
Great resources for content on EQ
-Youtube (Jordan Peterson, Andrew Huberman, Alex Becker(old videos), Einzelgänger)
-Tao Te Ching (book)
-Think and Grow Rich (book)
Do not forget that you only have a finite amount of “good decisions” each day before one is exhausted. Eliminate tasks and free up focus and mental energy. Mental recovery is key. Protect your mental energy, including your dopamine consumption.
Cheers,
traderhc
Disclaimer: This newsletter is not trading or investment advice, but for general educational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, bonds trading of any kind involves risk. I guarantee no profit, You assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. Owners of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. Reading and using this newsletter or any of my publications, you are agreeing to these terms.