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January 13, 2020 Guest Author

Don’t Leap Before, You Look!

When people are confronted with adversity, opportunity or both, they often react quickly – with the intention of dealing with the situation rapidly and moving forward.

These reflexively gut-driven responses are often rewarded by our culture, which praises the “fast-acting do-er,” who “gets the job done,” or “puts out fires.”

Trouble is, rapid action can often result in adverse outcomes. When that happens, you might fail to get the desired results while simultaneously making matters worse due to unforeseen and unintended consequences.

The self-made Super Rich–those with a net worth of $500 million or more–are different, in our experience. Instead of instantly reacting to situations, they approach the good and bad moments strategically. The Super Rich have a habit of prudently thinking through the problems and opportunities they face–often in partnership with the professional “sounding boards,” with whom they discuss ideas and questions. When they do act, it’s usually only after they have a solid understanding of all the facts and possibilities–as well as what they see as the likely outcomes of their possible responses.

Here’s what many of them do differently–and how you can emulate them when you face your own challenges and opportunities.

Read the full Flash Report.