Monday, November 14, 2011

6 keys to wealth



  1. If you want to be rich you need to do something

    Most people seem to think that cash would fall from the skies, since many people are rich already without working for it. Yes, I know that some people may have more than you, your friend has rich parents he doesn't need to work . Listen to me carefully now: I have faced the same problem, there are few things you need to know.
    1. His reactivity (if he doesn't works, do anything – only takes cash from parents), would go on his abilities to handle himself in life. I know he has got really easy, has chicks, but your life experiences  experiences make you stronger, you're not a pussy, but confident man, yes?
    2. Look on you first, always. He got better, think how he could help you with your projects. Base is that telling everybody and thinking how bad you have it doesn't change the situation, never. Keep it in mind!
    3. What would he do if his parents would die? If he has established everything and has got done before, he has got really good, but neither? When parents are living and giving money it seem to be everything is alright. When they die, who would have better – you or him? Point is that it maybe hurt, but you need to think what to do to change situation.
    4. Ask yourself: do you want to be him (not! in his situation, parents etc). So face your reality and start to think and do something!

  2. PLAY TO WIN! NOT TO PLAY!

    This point is think the most obvious, but... most people seem to lost their goal, vision! Lost the big picture! They're playing to just play! Not to win!
    A sample story of that: I had a friend who just liked to play on stock market, but he earned nothing for 3 years! He just liked to play, wanted to win, but it seemed that he liked the vision (and telling to girlfriends) that he is a stock market investor, liked the appreciation of people (but really? he wasn't appreciated).
    People like to chase the rabbit, not the catch, they're focused on process, which is absolutely wrongFocus on results, but skip the expectations and limitations part (like high volume sale, share with people, more in godlikeism book).
    When I enter the field, doesn't matter what I want to be the best, be the leader, at ALL COST! I'm doing the best what I can, and what I can contribute! People, they're satisfied with being average. To me being average is the biggest nightmare! With time and hard work I am the best, I know that. Sometimes they're obstacles, but who cares? Without them I would feel bad (the hard work is worth play).
    Another element in here, where you would like to focus is: fear of loosing money, time. You play to win, if you loose – happens, but you're stronger by those experience. Summing up: you can't loose, even if it looks so. Remember: "reactivity (not taking action) causes more problems, than doing anything".

  3. HONESTY at all cost! Sense of Urgency

    What matters the most is honesty, where: it's not enough to be only honest, you need to carry yourself with honesty,
    always – in every situation (not only business). Even if you seem to loose (money, time) you need to be honest, without any excuses.

  4. You're in this game ALONE!

    I would repeat it one more time: you're in this game alone! Remember it, memorize it. You're working only for yourself, not for others. Family? Girlfriend? They could help, but don't count on them. I would like to be in a serious mistake here, but I've understood something. If you want to earn YOU NEED TO THINK, YOU ALONE NEED TO ACT, YOU ALONE NEED TO WATCH AND DEVELOP YOUR BUSINESS and you know what? NOBODY would help your except GOD. Yes, they could give you and idea, but YOU NEED TO DO EVERYTHING ON YOUR OWN! OR PAY THEM!. It's YOU vs THE WORLD!
    Besides, on the margin: would you like to share with your friend with money, when you do 90% of work? I bet no.
    When you understand this simple, but small thing: you would take for your own all actions full responsibilityYou know how to count? Count on yourself, only!

  5. Don't gamble, ever

    At least at beginning. You need to establish an passive income to play on stock/currency market or other types of gambling. Without the first, it would be fear and probably a disaster. For me personally gambling is the worst thing ever, it's an addictive also. You shouldn't touch those until you're prospering well (or just interest into the field, and focus: play on the market and live from it). For me, it's unmoral in some way, so I don't touch it. For you, it could be different, but what I think it's that without a solid passive portfolio you should avoid gambling. Playing at stock market it's partially gambling (depends on strategy, but you get the point, think).
    What I wanted point in this article: some people start to gamble (even fruit machines!) and they loose all their money (in Poland they're are fruit machines addicts who loose all their salary on payday! hard to guess how it looks in other countries) and it brings suffering to all family. Children's don't have anything to eat, it brings pain to everybody touched – when their father lost everything in 1 day...

  6. Live far below your financial earnings

    Even if you've got money, live far below your financial earning. Treat money with respect. It doesn't mean to don't buying for yourself anything, but to think about what you're buying. Yacht, new clothes, new car are things which don't bring money to you, aren't "actives", but rather new duties (tax, fuel). Focus on things which build your passive income, bring value to people.

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