Business Leader, Investor

Ted Bauman Provides Sound Advice in How to Succeed

Ideamensch recently published an interview with the financial investor Ted Bauman. He is the editor of the Plan B Club and the Bauman Letter published by Banyan Hill Publishing. The article discusses Bauman’s opinions on what it takes to succeed in today’s economy.

He feels that one of the best ways to be productive is to get the hardest work done first. Time management is also key to getting more done throughout the day. He reveals that being productive is also about knowing oneself and when you are most productive. He guards the morning because he knows he is the most productive during that time. He also ensures that no one bothers him throughout the morning so he can focus.

When he was younger, he worked at some terrible jobs like McDonald’s and Burger King. He also worked at gas stations and high-end restaurants. Though he feels the jobs were not what he wanted to pursue as a career, he did learn a lot from those jobs. The working-class environment provided him with an idea of what it takes to make ends meet when dealing with a low-income job. They helped him to appreciate society and how to understand the people at the bottom of the food chain.

If he was starting again in today’s market he reveals that he would do a lot differently. The most important thing he would change if he could begin again is to learn how to manage his time better from the get-go. By learning better time management habits earlier, he would have been able to be more productive. He suggests he also should have focused on learning the more technical aspects of economics. It allows people to have a better understanding of how the world works.

Ted Bauman was also featured in the Chronicle of Week article, “Ted Bauman Explains 3 Possible Stock Market Crash Outcomes” written by Samuel Thorpe. He describes that there are three possible scenarios for the current stock market. It may crash and bounce. Ted Bauman suggests that there will be a significant drop followed by a quick rise in the market.