Jan 31, 2020
This episode of The Confident Wealth Practice Podcast
with Bill Bush and Pete Bush take a look at the recent college
football championship victory of the Louisiana State University
Tigers and how the valuable lessons from that win can be applied to
achieving your own financial success.
- 00:30 – Bill Bush and Pete Bush introduce the topic of how the
lessons learned from the LSU Tigers college football championship
win can translate into one’s financial life.
- 03:00 – What is the ultraspecific goal that you are setting for
your financial year?
- 04:49 – What is the ‘summer of 10,000 passes?’
- 06:41 – DIscipline is needed to make it through the long haul
of focusing on your financial future.
- 08:14 – Have a lot of good options while putting your best
- 08:51 – Coaching played a role in the LSU Tigers and it can do
the same in your financial life.
- 11:07 – How do you go about reloading and rebalancing your
investment decisions when your investments overperform or
- 13:45 – Pete Bush talks about having played baseball for LSU
and taking the small daily steps that are needed to get better and
- 14:42 – There is a time for celebration. Have people to share
your wins with.
3 Key Points:
- Set one unified goal for your family’s or your company’s
financial future just as the LSU Tigers had one unified team goal
to win the national championship.
- Discipline is need to stick with your financial goals on a
- Advisement offers a continual feedback loop to coach you
through your decisions.
- “At the beginning of any year, we need to sit there and we need
to look ahead and we need to say, ‘What is it that we’re trying to
accomplish?’” – Pete Bush.
- “You set the goal. But then you go about chipping away at the
work that it takes to get there.” – Bill Bush.
- “You can’t be in your own financial world and in your head and
completely understand and see everything.” – Pete Bush.