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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