My Worst Investment Ever Podcast Sakthivel Thevar – Invest Your Time in the Right People
BIO: Sakthivel Thevar is a highly sought-after international speaker and Maximum Performance coach within the business and corporate circles.
STORY: Sakthivel was looking for a mentor when he first joined the corporate world. Without much thought into it, he went with the first guy who offered to mentor him. He didn’t gain much from the mentor even after working with him for months. The mentor was just not the right fit.
LEARNING: Be clear about the kind of people you want to invest in. Take your time, don’t rush when finding a mentor.
“Just as you don’t blindly invest in a house, look at the options available for you when picking a mentor.”
Sakthivel Thevar
Guest profile
Sakthivel Thevar is a highly sought-after international speaker and Maximum Performance coach within the business and corporate circles, starting his career in the most challenging way possible as a military officer and Airborne Ranger in the Singapore Armed Forces.
Worst investment ever
When Sakthivel left the military, he decided to join the financial industry as an advisor. His goal was to make a difference to people. Because he didn’t know much about being an entrepreneur, Sakthivel decided to invest in a mentor. He went out and talked to several people. Then this guy came up to him and told him that he could be his mentor. Sakthivel didn’t think twice. He decided to work with him.
Eight months later, Sakthivel’s business was tanking, and he could barely pay his bills. When he couldn’t afford to buy his daughter a book she wanted, he realized that he had made a wrong investment. He had invested his time and business with the wrong person because he didn’t do his due diligence to check other options. He chose a mentor blindly without first figuring out what to look for in a mentor. He just decided this guy was the one and just went for it.
Lessons learned
- When choosing a mentor, find out whether they’re in line with what you believe in.
- Be clear of who you want to invest your time in and if they’ll be able to bring you to where you want to be.
- Take your time, don’t rush when finding a mentor. Don’t be afraid to ask questions.
- Learn to say no to people who are not the right match for you.
Andrew’s takeaways
- Take the time to do the research, and the benefits will come.
- Time is the only real resource that we have. It allows us to do the things that we want to do. Use it well.
- Get the right boss. So many people get stuck in situations where they’re with the wrong people, and they stay out of convenience.
- Don’t walk away from what works.
Actionable advice
Be clear about what you’re looking for when you’re thinking of investing your time in learning something, especially from someone. Be clear of the outcome or the things that you require from this person. Then ask yourself whether this person can bring you in that direction.
No. 1 goal for the next 12 months
Sakthivel’s number one goal for the next 12 months is to get his new book out. He also gives talks, so his biggest goal is to reach out to as many people as possible.
Parting words
“Wake up every morning and ask yourself; ‘If I’m good at something, how can I go about doing it better?’”
Sakthivel Thevar
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Connect with Sakthivel Thevar
Andrew’s books
- How to Start Building Your Wealth Investing in the Stock Market
- My Worst Investment Ever
- 9 Valuation Mistakes and How to Avoid Them
- Transform Your Business with Dr.Deming’s 14 Points
Andrew’s online programs
- Valuation Master Class
- How to Start Building Your Wealth Investing in the Stock Market
- Finance Made Ridiculously Simple
- Become a Great Presenter and Increase Your Influence
- Transform Your Business with Dr. Deming’s 14 Points