Success Comes From Within, Your Attitude Will Set Your Latitude
Your “Why” will seed your Desire, your desire will allow the “Hows” to come to you. This will not happen without “Action”.
The Combination of all of these creates your Success. You must dream your schemes every minute of the day; live the dream. F.O.C.U.S. Follow One Course Until Successful.
Just Do It Again and Again
Keys to Financial Freedom
Above all One must have a Why.
What is (It); your own personal why? Only you will ever know. Only you can seek It, Define It, and only you can cause It; to come, and then allow It to pass; as so, you may reach for the next one or any other “Why” that you may desire. ONLY You!
You might first have to do a little Soul Searching, Dreaming, Visualizing, and some Conniving (Strategical Planning).
You might just have to Lie to yourself, Confess your fears to yourself, and Encourage your self, but to be successful you must do what it takes!
That is of course to get your self to take action. Never anyone one else but you. Your why can do this. Remember that It, must do this for you; repeatedly.
Over and Over! Like “Crimson and Clover”
Over and over you must do this with out causing hurt to any others; as you will be held accountable for “How it is” that you reach your success.
What ever your beliefs are God, (my personal favorite). Karma, The Universal Law, or “What Comes Around Goes Around”. It is a simple fact of life; Bad Boys and Girls will get their “Come Up-pings”. You will reap what you sow.
Setting Your Goals
Financial Freedom is a journey from where you are today, to where you want to be tomorrow. Remember from here to there that this is not even a second long.
Like any destination, if you don’t know where you are going, it is awfully hard deciding which direction is best for the day in which you will reach your target.
In 1953 a Harvard University study, noted only 10% of the class had goals, with only 3% having them written down.
On reviewing the situation in 1973 – the 10% with goals had achieved more wealth than the other 90% combined and were also healthier and happier.
So What are You Waiting For?
Write down your goals! Something magical will happen as soon as you do. For now you have a task that needs to be accomplished. If and only if your Why can make you Desire the Completing of this task. Than and only than It will come to pass. How strong is your Desire? Desire feeds the Hows.
Paying Your Self First?
Wrong! You pay your Business first and foremost! You must stay your Business at all cost! With out your Business there are no Funds to Pay you or any other! Buddy you have become the Last in line. If you go Hungry for the week or the month. You better Learn to do your Business Better.
Hunger is a Good Teacher and It makes a Fast learner out of just about anyone. Now if you can’t learn or won’t learn; one of you will die.
If you do Learn how you and It; as well as many others will live and begin to flourish.
If you are not Flourishing you are doing something wrong or the Business needs to be Trimmed (pruned), hewed down, and/or replanted. Or you must Give it to another. If, the Fault is yours.
Note: this does not mean you can not Profit from this parting. If; you will do it, when you first come to the Knowledge of this Fact.
Utilize and Compounding Your Interests
Time is the best friend of compounding interest.
Interest Compounds when you build upon it or let it build upon your funds. I would suggest to you; to Put your money where your heart is. When and only when your heart is right!
Choosing the right Bank is good, choosing the right Stock (investment) is better, Choosing the Right Person or people. This is always best. Money can come and go in any given moment. A person you should be able to see coming and going.
It takes only one person to make the difference in your business and/or in your life and in your funds. Only One Person!
Money Needs to Serve the People That Create the Money
Compounding works like a slow growing weed.
Stealing from the roots to serve a single branch. You can get what you want and desire by helping many others get what they want and desire. And the reward will be far greater then the trickling funds on locked up Root System (Non working money).
Money is a tool and when you use your tools they make money trees, and help them grow. You need more than One tree to be secure, plant a grove of trees. Plant groves in different fields, and different parts of the state, the country, or the world over; be fruitful, and multiply.
Protect Your Assets, First Off Know What They Are!
What is your most valuable asset ?
Do you think it is your personal rental properties, your home, or maybe your car ? It is easy to see the monetary assets (or are these liabilities) that you own.
Your ability to earn an income is your most important asset.
This goes hand in hand with your health physical, mental, and emotional health; creates wealth.
This is a vital part of financial planning and wealth creation. Wealth is not always about Showing others the money it is about the quality of life that creates wealth.
Quantity of riches is not true wealth.
It sure can make life more interesting that is for sure but yet it is a great responsibility to have and to hold riches as one would a spouse.
Insurance companies offer different policies for different conditions and it is important to read carefully how they define “loss of earnings”.
Three of Life’s Greatest Risks are:
• Becoming disabled; like myself.
• Dying too soon; or Divorce and leaving behind large debt, for your family. IE. Your spouse/ex-spouse and/or young children
• Living too long; and becoming destitute, sickly, and/or burdensome to family members now supporting their own young family. IE Your children and grandchildren.
To fully evaluate your own risks and their circumstances.
Contact your Insurance Adviser.
Create your own Risk Management Plan.
Plan to care for your children’s children; paying it forward, is how great wealth and riches are secured.
At the very least do not hinder their efforts to become so. Wealthy, that is.
Buying Quality and Buying It at a Fair Price and then Selling It a High Enough Price to Make a Profit
Why? Because We All Need to Profit!
Asset Allocation/Diversification and Leveraging Others
All assets have different returns and risks associated with them. Diversification is selecting a cross-section from our assets. Try and place them into groups your assets.
Cash earning interest, People, IE. training, Equipment, Stocks earning dividends, Bonds earning interest, Property Rental/Investment.
Spread your risk through out these groups.
Do not place all your eggs in one basket sort of speak.
Leveraging your assets when necessary can save you from hard times or company disasters, IE. Law Suits, Natural disasters IE. floods, fire Tornadoes, possible Take Overs etc. Train your People.
Treat them as best as you can afford, they are your finest assets. If they aren’t! Make them so.
Thanks for stopping by.
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