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Value Creation Blog

4 Things We Can Learn From Groundhog Day – Wealth Management

Posted by Josh Patrick

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Have you ever felt like you’re stuck in the movie Groundhog Day?  You remember that movie:  The one where Bill Murray keeps living the day over and over again until he finally gets it right.

This has been one of my favorite movies for years.  It provides many life lessons.  Some of them I continue to learn over and over, which has me sometimes feeling like I’m in the movie, but only in real life instead.

Some of the things I’ve learned about being a Groundhog are:

Groundhogs should look before they jump.  Crawling out of your hole to see if you have a shadow should be done slowly and deliberately.  Many times we move through life with a ready, fire, aim strategy.

Lesson learned: Have a good idea of what we’re trying to accomplish and how we want to get there are important steps to take before we move forward.

If you feel like you’ve been there before, you probably have.  If you feel like you’ve been in a particular situation before you should ask yourself what you learned last time this happened to you.

Lesson learned:  Repeating the same action and expecting a different result is a definition of insanity.  If you want change you must do something different next time around.

Watching how people respond to you is a good indicator of what message you provide others.  Taking the time to notice how others respond to you is a good indicator of what the message is you give to others.  Remember that communication doesn’t only happen from the words you use.  There is vocal tone as well as body language to consider.

Lesson learned:  The meaning of your communication is how others receive it.  It doesn’t matter what you think you said it only matters what others heard.

Being genuine is the only way to get the girl.  Authenticity is something you can’t fake.  People know if you’re giving them a line or if you really believe what you’re doing.  The easiest way for this to happen is to take some time and understand what you’re about.

Lesson learned:  When you’re authentic people want to join your party.  If you have a desire to lead (hopefully that’s a desire of all business owners) then being authentic is one of the things that all great leaders have in common.

What groundhog lessons have you learned?  Do you keep your head out of the hole and look around or do you just experience the same day over and over and over?

Josh Patrick

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Topics: for business owners, communication, wealth management, private business owners

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