Hello I’m Michael K Dawson. Many of you know me from Twitter or StockTwits as TrendRida. Since March 31, 2006, I have been making my livelihood from trading and investing in stocks. Discovering stocks in emerging trends is my speciality thus the name TrendRida. This is my third cut at this blogging thing – let’s see if I can get it right this time.
Trading is a Business
Many people think that the market is this mysterious thing. However, at the end of the day the most successful traders understand that trading is a business. The exact same principles that great business people adopt apply to the markets. Perseverance, Passion, Desire, Stick-to-itiveness aren’t just characteristics of Steve Jobs, Richard Branson and Oprah Winfrey but also Warren Buffett, Peter Lynch and William O’Neil.
Success in Markets, Entrepreneurship & Life
I have understood for some time that success principles are far more important than hot stock picks, but that’s not what people want to hear. Give me the next big one and I will figure out the other stuff later. I will continue to share the hot ones here and on Twitter, but the focus on this blog will be on success. And not just success in the markets, but in business primarily entrepreneurship and occasionally life in general.
I have adopted two mottos that have been life changing. They are No Excuses None and Only Passion Allows You to Persist; check out my post 5 Steps to Making It Happen – Whatever It May Be. Also I shed more insight in my special report received when subscribing to my email list.
Reason this Blog Exists
My goal is to share with you some of the lessons I’ve learned in my 25+ years of pursuing of freedom. The vehicle (trading / online biz / whatever) is not nearly as important as the outcome – freedom to do what you want, when you want and where you want (read Saying Goodbye to the Time for Money Swap).
That said, to be perfectly honest this blog is as much for me as it is for you. An entrepreneur’s life can be very lonely. The highs are high and the lows are low. Some of the very videos featured on the site, I watch over and over again. Hearing Will Smith say “I’m not afraid to die on a treadmill” – never gets old and is sometimes just what I need to deal with a low moment.
If you are new here, below is more of my story. If you are an old friend. Welcome to 3.0.
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I’d be lying if I said that I didn’t miss the sales conferences in Hawaii, building customer relationships on the 19th hole and of course the BIG paycheck – all perks of my last JOB. On March 31, 2006, I walked away from that life to pursue my second entrepreneurial endeavor. Many of my friends thought that I was crazy and to be honest I had a hard time explaining my reasoning. My boss was cool. The pay was great. The work was challenging. So, why quit? It boiled down to this thing that many “may” have, but most suppress.
Napoleon Hill in his classic book “Think and Grow Rich” describes an innate characteristic found in successful people. He called it a “burning desire.” Essentially, it is an urge, a passion, an inner drive that’s so overwhelming that if denied will make you miserable no matter how much money or prestige you have. This described my situation to the letter.
My initial attempt at addressing my “burn” happened four years into my career. After spending countless days and nights pursuing and attaining Bachelor and Master Degrees in Electrical Engineering, I quit a well paying engineering job to start a Video Production company. Unfortunately, like most first time businesses – it crashed and burned.
However, the lessons I learned were invaluable. The absolute most important lesson learned was – if you have something to offer; you can always find another job. Matter of fact, after my business fizzled I went right back to the same company I resigned from at a higher salary. From that point on, I had no fear.
Although I may not have had any fear, I did get a little comfortable as I progressed from Engineering to Marketing to ultimately Sales with a six-figure salary and an expense account. However, if you truly have the “burn” it will not be denied. So, 15 years after the video company debacle; being much better prepared in knowledge and capital – I ventured out again. This time I am making my way in the financial services business.
Below are some of my most popular posts to give you a feel for what I like to write about: