Eventus Advisory Group, LLC’s Post

Do you ever plan for the worst? I'm a fan of sunshine just like the next guy, and I'm happy to point out when the glass isn't empty, but hear me out for a second: Every Amplify Forecast includes three scenarios: Better, Worse and Steady. Why? It seems like the value of creating a future cash picture would be the great feelings you get when you see that line moving onward and upward. And it is, it is. Who doesn't get a great feeling from a sunny day on a 10-day weather forecast? And of course the Steady forecast (if everything stays the same) reveals the springboard for opportunity, so we all love that one. But something that has surprised me in my work is how much value our clients find in the forecast that shows the Worse scenario. At first, it doesn't sound like the most fun land to visit. And yet, it's actually the best place to face your fears and realize you have more control than you think. What will we do, for example, if the economy turns and people start getting really shy about extra spending? What if we raise prices and lose 30 percent of our clients? Will that actually be profitable in the end or will it send that arrow down? With the numbers right in front of us, we can look a less-than-ideal scenario in the face and make a plan. And I guess it makes sense that it brings a lot of peace. All of this to say, if you're a business owner and you're doing your own projections: Don't forget to try on that Worse scenario, even if it fits like a bad hat at first. The result will be a plan and the peace of mind that your business can weather a storm. And that kind of peace is worth it. #forecast #growth #scenario #strategicplanning #planning #strategy #financial

Do you ever plan for the worst? I'm a fan of sunshine just like the next guy, and I'm happy to point out when the glass isn't empty, but hear me out for a second: Every Amplify Forecast includes three scenarios: Better, Worse and Steady. Why? It seems like the value of creating a future cash picture would be the great feelings you get when you see that line moving onward and upward. And it is, it is. Who doesn't get a great feeling from a sunny day on a 10-day weather forecast? And of course the Steady forecast (if everything stays the same) reveals the springboard for opportunity, so we all love that one. But something that has surprised me in my work is how much value our clients find in the forecast that shows the Worse scenario. At first, it doesn't sound like the most fun land to visit. And yet, it's actually the best place to face your fears and realize you have more control than you think. What will we do, for example, if the economy turns and people start getting really shy about extra spending? What if we raise prices and lose 30 percent of our clients? Will that actually be profitable in the end or will it send that arrow down? With the numbers right in front of us, we can look a less-than-ideal scenario in the face and make a plan. And I guess it makes sense that it brings a lot of peace. All of this to say, if you're a business owner and you're doing your own projections: Don't forget to try on that Worse scenario, even if it fits like a bad hat at first. The result will be a plan and the peace of mind that your business can weather a storm. And that kind of peace is worth it. #forecast #growth #scenario #strategicplanning #planning #strategy #financial

What level of uncertainty am I facing? I found the chart below in a book I published some years ago. It was based on a 1997 HBR article (credit to H. Courtney, J. Kirkland, and P. Viguerie). ► A clear-enough future: the future can be predicted to a degree that is sufficiently clear to allow straightforward strategic answers. A good example is demographic trends. ► Alternate futures: A few clearly distinguishable alternative outcomes or discrete scenarios can be observed. A good example is the outcome of an election. ► A range of futures: there are a variety of potential futures, but no specific final outcomes can be depicted. An example is the design of future laws and regulations. ► True ambiguity: uncertainty in all dimensions creates an environment that is virtually unpredictable. An example are major historical turning points, true "game changers" that turn our view of the world upside down. Understanding the degree of uncertainty helps in deciding the appropriate strategic response. And it helps in choosing the methodological tools to think ahead and plan in the face of uncertainty.

*80% of results stem from 20% of actions, prioritize and focus on what's important.* We can maximize our impact by focusing on the vital few actions that drive the majority of the results. We need to prioritize what truly matters and watch your success soar. 1. *' It's not the daily increase but the daily decrease. Hack away at the unessential. '* – Bruce Lee 2. *' The key is not to prioritize what's on your schedule, but to schedule your priorities. '* – Stephen Covey 3. *' Efficiency is doing things right; effectiveness is doing the right things. '* – Peter Drucker Better we take action today; identify our top priorities and commit to them. Our focused effort will yield extraordinary results. ©️ZenWealth4U - Your Highway To Achieve Financial Independence !!! ॥ 🌸 शुभं भवतु 🌸 ॥ #ZenWealth4U #FinancialFreedom #InvestWithConfidence #MutualFundDistributors #WealthCreation #TrustedPartners

Is your business having a tough time at the moment? Do you know why that might be? Several business owners Ive spoken to recently have suggested that the current climate we find ourselves in may be contributing to a significant downturn in expectations and forecasts are hastily being rewritten to ensure latest expectations are realistic. We all have a part to play in the economic fortunes of our own businesses and that of those that work with us. Its fair to say that current scenarios described by some leaders are negative and whilst there may be tough times ahead for many I would prefer our Leadership to be honest but positive. Yes, financially the country may not be the healthiest it’s ever been but we as business owners ⁸must own the decisions we make as they are the ones that put us in the positions we find ourselves in – we are a result of our decisions! And so it should be with the decisions our leaders make – owning them but with mechanisms put in place to mitigate the impact, providing a clear path to improvement through encouragement and realistic ambition. As for our small part of the world – a record trading period with lead in times for works that are leaning well into the end of November. And the reason for this? We refuse to buy into negativity and predictions of difficult times ahead. Instead, we try to determine our own future as much as we can by shining a light on all that’s good, continuing to work hard and make sensible, rational decisions based on experience and what’s good for our people & our customers rather than what will make us popular. Want to see light at the end of the tunnel? Create your own narrative - one that includes words like #Success, #Opportunity and #Happiness! Shirley Moreman Tricia Charles Chris Wilkinson, Chartered FCIPD Steve Jones FCMI James Conway Nik Shore Luca Frederick Rebecca Simmons Tim Green (MCIOF)

𝟐𝟎 𝐋𝐞𝐬𝐬𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐖𝐚𝐫𝐫𝐞𝐧 𝐁𝐮𝐟𝐟𝐞𝐭𝐭 🤑 1. Invest in What You Know: Focus on industries and businesses you understand. 2. Value Investing: Buy undervalued companies with strong fundamentals. 3. Margin of Safety: Invest with a margin of safety to protect against market volatility. 4. Long-Term Perspective: Think long-term and avoid short-term market speculation. 5. Quality Over Quantity: It's better to own a few high-quality companies 6. Economic Moat: Invest in companies with a sustainable competitive advantage. 7. Financial Health: Look for companies with strong balance sheets and little debt. 8. Management Integrity: Invest in businesses run by trustworthy people 9. Patience and Discipline: Be patient and wait for the right opportunities. 10. Reinvest Earnings: Reinvest profits to compound growth over time. 11. Avoid Herd Mentality: Don't follow the crowd; make independent decisions. 12. Stay Within Your Circle of Competence: Invest in what you understand 13. Beware of Leverage: Avoid excessive borrowing which can amplify losses. 14. Don't Time the Market: Time in the market > Timing the market 15. Focus on Return on Equity (ROE): A high and consistent ROE is essential 16. Be Fearful When Others Are Greedy: Invest when there's blood in the streets 17. Read and Learn Continuously: Always keep leaming 18. Avoid Complex Investments: Stick to simple, understandable investments. 19. Diversity Wisely: Diversify your investments to manage risk 20. Monitor Investments: Regularly review and analyze your investments ---------------------------------------------------------------- Follow Kuldeep Singh ✨ for more insights! If you found this helpful, spread the knowledge by liking or sharing. Let's decode success together! #FinancialLiteracy

Like water shapes the shore, adaptability in finance shapes your success 🌊. Embrace change with confidence and creativity. 🛶💡 #AdaptAndOvercome #FinancialFlexibility

🧠 Are You Letting Short-Term Losses Impact Your Long-Term Goals? If market dips make you anxious and lead to impulsive decisions, you might be experiencing myopic loss aversion—the tendency to focus too much on short-term losses while overlooking long-term gains. This common psychological trap can hold you back from reaching your full potential as an investor. Here’s how to overcome it: 1. Adopt a Long-Term Mindset: Focus on your long-term goals, not daily market fluctuations. 2. Diversify Your Portfolio: Spread your investments across different assets to reduce the impact of any single loss. 3. Limit Portfolio Monitoring: Checking too often can heighten emotions—review your investments quarterly or semi-annually. 4. Automate Your Investments: Remove emotion from the equation by automating regular contributions. 5. Seek Professional Guidance: Join the Million People Challenge to get expert support, proven strategies, and stay focused on your long-term success. Don’t let short-term market noise derail your financial future. Stay the course, stick to your strategy, and watch your wealth grow over time. 🌱💸 #SmartInvesting #LongTermGrowth #WealthBuilding #MillionPeopleChallenge #InvestmentMindset #FinancialFreedom #StayTheCourse #InvestingPsychology #YourFinancialFuture

Curious about the concept of "Economics of the Crazy"? Let's delve into it a bit more: Essentially, it's a scenario many businesses find themselves in. Starting the year with big goals, but facing unexpected hurdles along the way. Picture this: you're all geared up in January, ready to conquer the world, but then reality hits. Maybe it's a slow start due to holiday hangovers, or perhaps unforeseen expenses throw a wrench in your plans. Instead of getting swept up in the chaos, the key is to adapt. It's about being agile, shifting gears when needed, and most importantly, keeping a keen eye on your finances. When you understand the "Economics of the Crazy," you're better equipped to navigate through the ups and downs of business ownership. So, have you ever found yourself caught in the whirlwind of the #EconomicsOfTheCrazy? Let's chat about strategies to stay resilient and come out on top! 💬 #productivityhacks #productivitytipsandtricks #growthmindset #businesscoaching #businessmindset101

🌟 The Power of Time in the Market vs. Timing the Market 🌟 As a Financial Planner, I’ve seen first-hand the difference between those who try to time the market and those who understand the value of time in the market! 📈 🔍 Why is this important? 1. Market Volatility: Markets are inherently unpredictable in the short term. Trying to time the market often leads to missed opportunities and increased stress. 2. Compound Growth: The magic of compounding works best over long periods. Staying invested allows your money to grow exponentially. 3. Historical Trends: Historically, markets have trended upwards over the long term. By staying invested, you benefit from this overall growth. 4. Reduced Emotional Decisions: A long-term perspective helps you avoid making impulsive decisions based on short-term market fluctuations. 5. Peace of Mind: Knowing you have a solid, long-term plan can provide peace of mind, allowing you to focus on other important aspects of life. Remember, it’s not about timing the market, but about time in the market. Stay patient, stay invested, and let time work its magic. 🌟 #FinancialAdvice #Investing #LongTermGrowth #CompoundInterest #MarketTrends #FinancialPlanning