Sunday, April 29, 2007

From 'Poor' to 'RICH'!

I made up my mind to be extremely rich some years
ago and i think you should too.

...Your mindset
To become wealthy, you have to think like the rich

Adopt 'rich values' and have a positive attitude
towards money.

You deserve to be financially free and to have as
much money as you need to live the life of your dreams.
You need to get educated about  how to create multiple
streams of income for yourself.

Start by...
Eliminating 'poor values' which is thinking like an
employee or a small business owner.

Employees wait to be told what to do and they expect
everyone to 'take care of them' (ie: their company, their
boss, their union, the government, etc).

Thinking like an employee keeps you very 'weak'
minded and 'needy'.

Small business owners very rarely become wealthy
because they think they have to do it all by themselves.
This is because of their philosophy.They believe,

        "If you want it done right... you got to do
          it yourself."

That's why they start their small business so they
can have some level of control and dignity over their
life. Sadly, thinking this way has massive limitations
for your financial growth potential.

LOOK! If you remember only one thing from this
article, remember this...

The richest people in the world build networks...
(ie: 'TV networks', 'Telephone networks', 'Computer
networks', etc.) and everyone else looks for work.
Money doesn't make you rich -- business skills do.
You can always use business skills to make as much
money as you need or want.

If you believe you need 'job security' or you need to
'play it safe' and don't take risks, then you are falling
prey to FEAR.

You will never become wealthy working for someone
else because you cannot have Job Security and
Financial Freedom... You must choose... which is more
important to you?

If you desire financial freedom, then start by learning
how to control your fear. Everyone of us has a 'little
coward' inside of them and a 'courageous person'. Gain
control over your fear and don't let the coward win - let
the courageous person win!

LISTEN... Building A Business makes you rich. "If you
want to be rich, MIND YOUR OWN BUSINESS!"

I suggest that we learn about building a business even as
we go about our jobs and businesses or whatever it is we 
legitimately do for a living.

Plan to start a business.

Save some money to start.

Research some small businesses you like.

Buy books on running your own business.

Read them (A lot of people buy books and don't
read them!!!)

Learn about cashflow - you can be profitable and still
go bankrupt.
(it happened to me in 2004!)

Start a small business. Think BIG. Nurture it BIG.
Register your business.

Share your vision with people

Get partners.

Hire people to help you.

Treat them well.

Have something you can live on while you nurture
your business.

Get a business mentor
.(Someone who does business and
is succeeding in it)

Learn about the legal aspects. (Ask your students that are
studying law. They'll give you free advice!!)

Be diligent.

Use Leverage. Leverage is everywhere.

Keep your books - hire an accounting student to help you.

(This is one of the wisest things you can do. It favours you when
you want to get a bank loan)

Quote of the post
"You'll never be rich working for someone else all your life"
- Robert Kioysaki


Daniel said...

I really enjoyed reading your blog. This article, "From 'Poor' to RICH'!" is really captivating. - Danishyne

marry said...

Blogs are so informative where we get lots of information on any topic. Nice job keep it up!!

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