One of the most important differentiations anybody can understand is between possibility and probability.

The reason this is important is 2 fold...

#1) Many people give up on their hopes and dreams because they don't think it's possible and don't take the time to recognize how probable it actually is, and...

#2) Conversely, many people will make a terrible gamble thinking that it's more possible than it is and don't recognize the improbability of it.

So...what's the difference between the two ideas?

Something can be POSSIBLE if it has the potential to be done...ever.

In other words, over a long enough time horizon, anything is possible...literally...but if it's never (or rarely) been done before, the same is likely to be true in the future.

Something is PROBABLE, on the other hand, if there is EVIDENCE to believe that it can be done.

In other words, if it's been done before, or something similar has been done before, than it's likely to be done again...and the more often it's been done, the more likely it is to be repeated in the future.

ACTION:

Go back and review the 2 reasons this idea is so important. Then ask yourself in those scenarios...

How often has this been done by somebody else in the past?

For your hopes and dreams, you'll find that a ton of people have achieved them, which means you can too.

For the gamble you're thinking about taking, you'll find that a ton of people take them, but most end up much worse off in the end.

Choose your path accordingly.

Until next time, here's to your 1% growth everyday...

Jerry