Hockey Teaches About Life

You can find good advice about life almost everywhere.  This comment was by a very good hockey coach now in the midst of  dealing with a weak and rebuilding team.  His advice has to do with winning.

“We’ve got to fix our preparation. To me, you can’t be chasing the game — you should have been jumping all over the other team.  As much as we can say we out-chanced them, out-shot them, catch-up hockey is losing hockey and we’ve got to start on time.”

Mike Babcock,  Head Coach, Toronto Maple Leafs

Now, let’s look at that again only this time as a parent or maybe a financial advisor talking about life planning.

Nothing would be different.

  1. Prepare for life – Check
  2. Get ahead of immediate needs – Check
  3. Be assertive – Check
  4. Have a reliable system of keeping track of performance. – Check
  5. Catching up is hard.  Start early and stay ahead.  – Check

Nothing is different.  Life skills are common to us all and they translate well from one context to another.

Understand meaning.  Never let complexity or socially favoured ideas dominate.  The rules are simple.  Failure usually results from the inability to consistently notice and follow simple rules.

Don Shaughnessy is a retired partner in an international public accounting firm and is now with The Protectors Group, a large personal insurance, employee benefits and investment agency in Peterborough Ontario.

Contact: don@moneyfyi.com  

This entry was posted in Personal Finance, Planning and tagged , , , . Bookmark the permalink.

2 Responses to Hockey Teaches About Life

  1. Good analogy! I am getting ready to give my notice for early retirement in less than two weeks – and I think I can say I did all of these things well.

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