Book: Tribe of Mentors; Step-4
Published: 2017 & Pages: 598
10x Step Learning
Step-4
New Thinking on Investment
When you think of “investments,” it’s not just about the stock market; it goes beyond Wall Street. For mentors, the best investment is one that propels their careers forward.
Wired cofounder Kevin Kelly learned more from investing $200 in his first venture than from pursuing a master’s degree in business. By bootstrapping and carefully managing the money, he created a travel-guide catalog, making a mark in the publishing world.
Therapist Esther Perel invested in herself by learning nine languages, enhancing her ability to communicate globally. CEO Jason Fried finds fulfillment in investing in others, like paying for a friend’s gym rent with no expectations.
Arianna Huffington, after collapsing from exhaustion in 2007, invested in her well-being, believing it benefitted both her future work and personal life.
Meditation is a widely praised self-investment among mentors like Rick Rubin, Jimmy Fallon, Yuval Noah Harari, David Lynch, Adam Robinson, and Ray Dalio. Meditation provides personal insight, fulfillment, sharpened focus, and helps overcome challenges.
بسم اللہ الرحمان الرحیم،
اردو ترجمہ جلد اپ لوڈ کیا جاےَ گا، انشاءاللہ
10x Short Questions
1. What is the common perception of "investments," and where does it usually lead people to think?
The common perception is about the stock market, leading people to think about Wall Street.
2. According to the paragraph, what is considered the best investment for mentors?
The best investment for mentors is one that advances their careers.
3. How did Kevin Kelly learn valuable lessons about business that his master's degree didn't provide?
Investing $200 in his first venture taught Kevin Kelly more than pursuing a master’s degree in business.
4. What did Kevin Kelly achieve by carefully managing the money from his first investment?
Kevin Kelly created a travel-guide catalog and made a mark in the publishing world.
5. How did therapist Esther Perel invest in herself, and what benefits did she gain?
Esther Perel invested in herself by learning nine languages, which enabled her to communicate globally and enhance her work in sex and relationships.
6. According to the paragraph, what are some of the most rewarding investments that people can make?
Some of the most rewarding investments include those made in other people, as mentioned with Jason Fried paying for a friend’s gym rent with no expectations.
7. How did Arianna Huffington benefit from investing in her well-being after collapsing from exhaustion?
Arianna Huffington believes that investing in her well-being benefitted both her future work and personal life.
8. According to mentors mentioned in the paragraph, what is considered one of the best self-investments?
Meditation is considered one of the best self-investments, providing personal insight, fulfillment, sharpened focus, and helping overcome challenges.
9. Name two mentors from the paragraph who regularly practice meditation.
Rick Rubin and Jimmy Fallon are two mentors mentioned in the paragraph who regularly practice meditation.
10. What are some benefits that meditation provides to mentors, as mentioned in the paragraph?
Meditation provides personal insight, a sense of fulfillment, sharpened focus, and makes it easier to overcome challenges for mentors.
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