The Mentor & The Lesson

David was working in a factory, his mentor was an old technician, who taught him how to handle things productively and made him know all the fundamentals in his work. One of his best lessons to David by his mentor was to talk less and do more

One day the old man (Mentor) retired. David had huge respect to his mentor who taught him the job. David continued his work and he did his job very effectively. Yet, he was less paid compared to his peers. He was bit worried and he decided to approach this old man (mentor) and take his suggestion

David approached the old mentor and told that his co-workers who are less skilled are paid more compared to him. Inspite of being so dedicated in his work, he was less paid. The mentor was thinking for a while and told David to take a Day off by telling some reason

Immediately after hearing his mentors suggestion, David told he understood and left the place. He planned for a reason and took a day off from his work. The next day when he returned to work, he found most of the job were unfinished. People are not able to complete the job in his absence. David's manager called him and told that the company understood his work and they promoted him as Senior Technician with a pay rise

David was happy. Whenever he felt he wanted to increase his pay, he took a day off and he continued the same. One day, when he was entering the factory in the morning after his day off, he was issued his termination letter and he is totally surprised and could not understand what was happening

He approached the old mentor again. The mentor told him that he did not listen to the second half when he was suggesting him earlier. He told the scenario with an example: 

When a light bulb goes off frequently it will be replaced 

Now David understood what went wrong. He can't go off when ever he needed for a pay rise. Management is not that stupid to keep on rising his pay frequently. They will always have an alternative way to approach certain things

Likewise in stock market, if a strategy worked for the first time, it doesn't mean it will work every time and in all situations. If a strategy fails continuously or if the winning percentage is less, then it is time to change the strategy. The stock market has the capacity to teach every day as long as we are investing and trading

It is always wise to build certain strategies and we should be open to change our strategies or alter the strategy when things go wrong. We also should remember everyday is not Sunday.

Have a Great Day

B G Nareshkumar