When I shared this to my personal Facebook timeline, a friend of mine asked an excellent question, that led to a great discussion about how we all need to see success in a different light.
Success is most easily, but lazily, measured in some form of KPI: Grades, salary, rank, job position. So when my friend asked the first question, it was a very good observation that indeed we have inherent biases that success has only one face.
The lady stepping out of the expensive looking car is clearly being represented to be the successful person. But how about the other characters in, and out, of the picture?
In trading, I learnt that in fund managment terms, the KPI for success is apparently known as the “alpha“. If you’re a fund manager, with a high alpha, you’d be considered to be more successful than other fund managers, simply put. Similar to being graded and streamed into different classes of different competencies, those with higher grades are deemed to be more successful.
Yet we know that the relationship between these traditional KPIs and success is not that clear in the end.
A SAHM trading a tiny capital of $100 returning 1% a month, consistently, is, to me, more successful than a top grade fund manager taking 20% service charges managing a $1 billion fund which is unable to match the market benchmark.
We all have been accustomed to typical images of success. But these days, we are seeing things change. Hopefully, this mindset that success is not simply exceeding a pre-existing set of KPIs, but a personal, meaningful outcome from hard work, resilience, or taking the leap of faith to grab an opportunity to pursue dreams, can spread further, making society more inclusive rather than exclusive.
Trading Smart, is not about knowledge, but wisdom that you cannot beat top fund managers who have many more years of experience and knowledge. But if you trade Casual, you leverage on your edge against them: You set your own benchmark of success, and are not tied to traditional KPIs like they are. This is the Smart Casual Trading philosophy.
One of my favourite Ted talks about success taught me that success is not about hitting the goal. But rather, it’s the process, the journey, that matters. And everyone has their own journey, their own path towards their personal success.