Filling Up The Future
Written by:
Riley Cardwell
Article Overview: How important are long term goals to your future? Discover someone you maybe have never met - your Future Self - and how your new friend can lead you down the path to success.
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Filling Up The Future
We’ve all heard of people who claim they can predict the future. Often times outlandish claims are made only to come crashing down later on. And yet the future is always in front of us, always yet to come.
Is it possible, then, for people like you and me to know what the future will bring ? Or must we simply wait and see?
Most people in life do wait and see, hoping the future will be kind to them. And should you ask them if they can control the future, they would most likely look at you and laugh.
There is however, a smaller group of people in life who know that, while they certainly cannot control the future, they can influence and sometimes even redirect it. A good example of this is when President Kennedy called for landing a man on the moon in less than ten years in the early 1960’s.
We always have a choice. Either the future will have something to say about us, or we will have something to say about the future. Actually, both are not only possible, but also desirable.
So how can we do this? How can we have a say about our own future?
Our Future Self is the answer.
Set aside some time soon and try this. Take six blank sheets of paper. On top of the first page, write “One Year – 2007.” On the next, write, “Three Years – 2010.” On the following pages, write “Five Years – 2012,” “Ten Years – 2017,” “Fifteen Years – 2022” and finally Twenty Years – 2027” on the top of the last one. Next to each of the dates, write the age you will be at that time.
Now comes the fun part. Write a description of what you intend your life to be like when that time comes. Be sure to include things like where you want to be living, what kind of work you want to be doing, how much money you intend to be making – even who you want to be married to. Leave nothing out! Paint as vivid a description as possible. If you have a special mission in life, be sure to make that a major part of what you write.
Keep in mind that you often have to take risks and also sometimes go against conventional wisdom. Conventional wisdom seldom makes for startling advances.
After you’re finished, set it aside for a day or two and then take a look at it again. See if you need to add anything more or make any adjustments. Then, read these twice a day, every day for the first month and review them at least twice a week thereafter.
There are really only two keys to success. One is not being afraid to fail as you try new things. The other is sheer perseverance.
Your Future Self is a powerful tool to have all that you really want when the future does arrive. Remember, the best way to predict the future is to create the future.
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Related Forum Posts
Future Financial Corporation
- I've never heard of Future Financial Corporation
is this a new company?
Re: How do you back up your computer?
- Seems like backup has definitely hit a nerve. Evan, thanks for sharing your experience with the Backblaze service.
Regarding the time it takes to backup:
* The initial backup will take a little while (one to two weeks for most users) depending on your Internet upload connection and the amount of data you have. You can click the "How long will my first backup take?" link to find out the estimate for you.
* Future backups will be very quick as Backblaze will only backup new files and the pieces of those that have changed.
Thanks!
Gleb
Patent Walk-Through
- Hello everyone!
My name is Alex, I'm 18 years old and I'm constantly drawing up new ideas and inventing stuff. I sketch stuff down everywhere I go and on anything I can write on. I'm a big member of our local Future Business Leaders of America chapter (FBLA). In the future I hope to work my way up to being a Venture Capitalist. I think of myself as a pretty creative person who is very motivated. Some of the ideas and inventions I come up with are pretty far out but others I consider marketable and to have great potential. Being 18, I have little to no connections and no resources. I've been surfing this site pretty frequently for the last year and have finally decided to join the forum group.
Anyway, here's my question...
Basically, I have no idea how to get a patent together the costs and the overall process. As of now, I think I have a great idea that, as far as I know has not, ever been done before. I'm really excited about this idea. I'm a total novice at this and am willing to learn all that I can. Any information that you can provide me with would be great. Again the main things I want to know are:
1.Overall Process.
2.How Long It Takes.
3.Costs.
4.Anything That You Think I Should Know.
5.Tips/Experiences.
6.Confidentiality.
7.Must I Make A Physical Model of My Idea?
Thanks guys!
-Alex
Re: your personality type?
- Hi Zac,
If you're on the fence about 2 and 3, I'd think more about them. Big picture people tend to be oblivious to the detail of what is happening NOW -- the colors on a restaurant wall, the layout of someone's apartment, the color of people's shirts at a party, etc. They instead notice the "theme" -- an upscale restaurant (who knows what color), casual shirts at a party (not sure what style), etc. A "trendy" apartment, but who knows where the bathroom was.
Gut feeling people tend to act w/o all the facts, and are comfortable following that instinct. "Thinker" people will choose something even if they HATE it, just because it "makes sense." Where as that makes no sense to a gut person. Thinkers are more "black and white" where as gut instinct feelers are more "gray area" people.
But going with your selections...
1. Within
2. Big Picture
3. Gut Feeling
4. Spontaneous
The Reflective Seeker of Truth. You are a passionate searcher of big-picture meaning and strive to help others with your empathetic listening skills. Socially, you are usually quiet, but can be a social butterfly when you feel like it, though it can be draining to do so for too long. You have a very silly and goofy side, enjoy people and need time to quietly reflect #1 Strength: Predicting Future Likelihoods #2 Strength: Expressing Social Feeling
Predicting Future Likelihoods Predicting what is likely to happen, based on past events, themes, or
what has historically been true. Deciding what will happen, based on past events. These predictions are usually spoken with con?dence and certainty. A thread or common idea is drawn from the past, and these ideas are used to decide what will happen in the future. Authorities and past situations are extremely important for deciding what will happen in the future.
Expressing Social Feeling Setting an emotional tone, vibrant, energetic, or serious, etc. Concerned with the emotional environment as it?s happening -- the vibe of people at a party, the tone of a situation, other people?s responses. Setting the tone -- dramatic and serious, or lighthearted and a celebration. Emotional displays are important for knowing how others are feeling, whether bad or good. Someone talking in a monotone about feelings seems insincere. Feels should be shown, so they can be read by others.
If that is your type, your #1 match would be...
The Strong-Willed Go-Getter. You are a bold sculptor of the here-and-now in order to achieve immediate results following a logical system for making decisions. You add a fun, upbeat vibe to social events and are often the most gregarious person in the room. #1 Strength: Commander of Physical Space #2 Strength: Systematic/Rule Logic
How to valuate a business
- Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out:
How Northern Crown Capital Valuates a Business
2008 Financial Projections
Earnings Before Tax
$5,865,000
Tax Rate
42%
Taxes
$2,463,300
Net Earnings
$3,401,700
Amount Seeking to Raise Today
$3,500,000
Discounted Value of Future Opportunity, 5 Years Out
2008 P/E Ratio
15
Value of Company in 2008
$51,025,500
Discount Rate Applied
30%
Year 2008
$51,025,500
Year 2007
$35,717,850
Year 2006
$25,002,495
Year 2005
$17,501,747
Year 2004
$12,251,223
Value of Company at Investment in 2003
$12,251,223
Less: Investment Amount
$3,500,000
Present Value
$8,751,223
Discount for Risk & Private Company
40%
Less: Discount for Risk & Private Company
$3,500,489
Private Company Value
$5,250,734
Present Value (What the Owner Keeps)
$5,250,734
60.00%
Financing (What the Investor Gets)
$3,500,000
40.00%
Total
$8,750,734
100.00%
I hope this helps!
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