Never give up, but be ready to revise at any moment

Aaron McHugh

Never give up. Never stop trying. Never quit. Never throw in the towel. Never stop having hope your plan will work. Keep your hands on the plow. Keep doing the work.

At the same time, pay attention to the road signs if it looks like your plan isn’t working. If you keep trying, keep working, and nothing is getting better, maybe you need a revised plan. Being tenacious is admirable, but recognizing the need for revision takes wisdom.

The lesson I learned about revising my plans

When I was in my late twenties, I owned a rental house once and believed I was going to get rich. I read the book Rich Dad, Poor Dad by Robert Kiyosaki and I knew that my passive income stream was going to work like a charm.

I bought the house with money I had borrowed from my primary residence, which is the same as saying, “I don’t really have the money to buy a rental house.” Nevertheless, I had a renter within two days of closing. I knew this was going to be the ticket to caviar and summer backpacking trips throughout Europe. Hoorah!

Fast-forward a few months as the second tenant enters the scene. Second tenant decides to buy a 50” TV instead of pay my rent and allow their cats and dogs to use the living room for the bathroom. $4,500 and an eviction later, I realized that my plan needed a revision.

I didn’t quit. I didn’t give up. I wasn’t defeated. I just realized I didn’t want to try making it work anymore.

What plan do you have that needs a revision?

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