Skill Sets and Knowledge

There are two types of knowledge, general knowledge and specialized knowledge. Knowledge, however, will not attract wealth unless it is organized and results in a definite plan of action designed to accumulate wealth.

You see, knowledge itself is not power as is often thought. Knowledge is actually potential power. The power comes about when the knowledge leads to a definite action plan that results in a pre-determined outcome.

It is a well known fact that millions of college graduates, filled with "knowledge" do not go on to amass great wealth. There is a weakness in many cases that can be attributed to a, "lack of ambition".

It is essential that you know how to purchase knowledge. Define the purpose for which the knowledge is required. This of course should match your clearly defined goals. Then check the sources of this knowledge, such as your own experience and education, networking and masterminding with others in your chosen field, colleges and universities, public libraries and book stores and specialized training courses available on your target subject.

The key here is to gain knowledge that makes you a "specialist" in your chosen field. This specialized knowledge will place you in the top 10% or higher in your field and will cause you to become valuable to others. (The industry term often used here is to, "become the hunted instead of the hunter").

As I am writing this in particular to online entrepreneurs, I will hasten to add a remark that I have often heard Mike Dillard say, "The most successful and highly paid people in any field usually have the largest libraries."

I remember something my dad always told me, "we are never too old to learn", and in our field it is essential that we stay current. We are in a very dynamic field where change is continuously happening. Keep on top of the change. Never feel like you have "arrived", and so you no longer have to invest in increasing your value or knowledge.

The remaining element is imagination. Napoleon Hill said it best, "Capability means imagination, the one quality needed to combine specialized knowledge with ideas, in the form of organized plans designed to yield riches."

I have always maintained that innovation is a key ingredient in creating your success.
Melanie PhillibertInternet Consultant and Trainer and EntrepreneurCertified Marketing Consultanthttp://www.GPTWealthCreation.com

http://www.youtube.com/mphillibert

Article Source: http://EzineArticles.com/?expert=Melanie_Phillibert