As many people have observed, "Success leaves clues." If you want to achieve extraordinary success in the coming year, study the experts, do what they do, and modify their techniques to suit your particular situation. It's easy!
Well, maybe not easy, but there are basic fundamentals. In the belief that we all need to be reminded of them regularly, here are some of the secrets that have helped me and my clients over the years:
1. Focus on values. I've known people who made some money, but I've never known anyone who got rich without examining their own values, priorities and beliefs. Start by writing down a list of things you value, things you believe, what you want, and what you plan to do with this incredible life you have. Start with your values.
2. Get a life. Before you can handle great wealth, you must make room for it. This is the old, "if you build it, they will come" model. Trying to squeeze success, wealth, fame or fortune into a small life won't work. Create a life first; the lifestyle of your dreams will follow.
3. Eliminate clutter. Trying to create success and achieve wealth while your life's a mess won't work. Success requires clear priorities and a passionate commitment. Simplify your life. Eliminate the excuses. Clean up everything that distracts you from reaching your most important goals.
4. Specify your results. Nobody can hit a target they can't see. Define your outcomes and set clear, achievable results in advance. Know what "success" looks like! Have measurable, specific outcomes and determine that you will achieve them!
5. Burn your ships. There's an ancient story about a Greek general who landed his troops on an enemy shore, then burned his ships. He wanted to make it very clear: Retreat and failure were not an option! Leave no room for failure.
6. Put in more than you take out. No one will pay you more than your services are worth! Get clear about that! You just can't fool people very long. Your services and your results must be far more valuable than the small fee you charge. Some people will rip you off; the rest will make you rich!
7. Live below your means. Rich people know this. Wealth is accumulated, re-invested, used wisely and given away. It is never spent! Let the millionaire athletes and folks who win lotteries buy the fancy cars and flashy jewelry. If you want to achieve great wealth, live simply, invest wisely, enjoy it all!
8. Get rich slowly. The key to great wealth is to minimize income, while maximizing your assets. Income is taxed. Income gets spent -- think about all the cars, boats, diamonds and houses people with huge incomes like to buy! Investing in assets that are hard to spend (buildings, stocks and bonds, collectible art, etc) creates wealth that is not taxed, and isn't spent on a casual impulse.
9. Pay lots of taxes. No, I'm not talking about paying more than you owe, but pay every cent the law requires. Rich folks don't haggle over nickels and dimes, they invest to make millions! If you can legally avoid taxes, do so! Use the law to your advantage when you can. But juggling the books to hide income or save a few bucks, wastes your time, wastes your energy, creates fear of getting caught, and makes you cheap. Don't do it!
10. Give it away. You can't take it with you when you die, and money is not attracted to the selfish, the miserly or the mean. If you would attract money to your life, be clear about what you want to do with it. Contribute to charities that will use it for good. Make the world a better, richer place and you'll create wealth that will last for generations to come. Your children will thank you!
© Copyright 2003 by Philip E. Humbert. All Rights Reserved. This article may be copied and used in your own newsletter or on your website as long as you include the following information: "Written by Dr. Philip E. Humbert, writer, speaker and success coach. Dr. Humbert has over 300 free articles, tools and resources for your success, including a great newsletter! It's all on his website at: http://www.philiphumbert.com
Let's begin this lesson with a definition of the term... Read More
Financial freedom is the power to do what you will... Read More
There is perhaps no more important decision than to take... Read More
Loose change that is, if you want a easy way... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
In theory the idea of generating additional (and passive) business... Read More
As many people have observed, "Success leaves clues." If you... Read More
No matter how tight things are financially for you; no... Read More
You can learn the secrets of world monetary flow if... Read More
For most of us, the idea of retiring simply on... Read More
Financial independence is having the freedom to support yourself through... Read More
When young men ask me how to succeed, I tell... Read More
The four main steps in building a wealth cycle foundation... Read More
It all begins with a simple calculation.You are home on... Read More
Like I said, If you are poor and on social... Read More
A residual income is one that comes in no matter... Read More
How Much Money Will I Need to Earn to Retire?This... Read More
So you want to become wealthy? While there is no... Read More
The rewarding of high compensation packages to top executives who... Read More
In light of the dominant mindset overshadowing the market these... Read More
"Ooooooh," you may say, "I could NEVER be good at... Read More
Is it hard to get rich? If you're young, not... Read More
When Building Wealth by Russ Whitney was released a few... Read More
A mole travels one road, according to the way nature... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
As a work at home Mother, I know the value... Read More
OK, this article will start with the cheapest piece of... Read More
Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross Compounding... Read More
SCENE 1: Pharaoh has just woken up from a very... Read More
We talked recently about the wealth formula:Spend less than you... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
Everyone wants to be wealthy, but most of us do... Read More
This is a true story about a homeless man from... Read More
Financial freedom is the power to do what you will... Read More
It all begins with a simple calculation.You are home on... Read More
I counsel a LOT of people about money. I see... Read More
There once was a hawk, ferocious and swift. He was... Read More
Whenever we read about building wealth or even attend a... Read More
There are many of us who are working on our... Read More
When you purchased your home, you most likely got a... Read More
Have you any idea how many people search Google every... Read More
It's the beginning of a brand new year: a time... Read More
SCENE 1: Pharaoh has just woken up from a very... Read More
This is a true story about a homeless man from... Read More
A residual income is one that comes in no matter... Read More
Many of us do not consider the underlying belief system... Read More
For most of us, the idea of retiring simply on... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
You may think you have to be an entrepreneur to... Read More
As a woman Netpreneur, I sat down via e-mail with... Read More
Offshore strategies may or may not be right for you.... Read More
Self-Made Millionaires are not smarter or better than you. They... Read More
Some people in this world are thinking that their poor... Read More
This retirement account is so new and unique that you... Read More
In my last article on Creating Residual Income I mentioned... Read More
Part of learning to become financially free is to begin... Read More
Feel like a lemming lately? Ready to follow the crowd... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
Saving money for retirement can be easy or difficult depending... Read More
Masters degree not required...just a little common sense, a $5.00... Read More
Parents must give serious thought to protecting their family through... Read More
Everyone wants to be wealthy, but most of us do... Read More
Results from a new tool developed by UK based firm,... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
I have given many prosperity lectures over the years and,... Read More
Wealth Building |