1) Add value. What this means is to work harder, smarter and work longer hours. You need to make your product or service more valuable.
2) Buy things that make money (mutual funds, stocks, bonds, investment properties, small businesses, etc). You should invest at least 10% of your income. Remember you probably want to buy investments after the masses have sold. Then, sell when a bubble develops. Also, you can buy the shares of excellent companies during a recession or when temporary trouble emerges for a particular company. If you think the new CEO of a company can turn a floundering company around, you may want to buy some shares. Due diligence is a necessity.
3) Activate the laws of attraction and belief. Think about what you want. Never think about what you don't want. Your mind is like a magnet. Your mind attracts what it focuses on. Believe and act as if you are a success in the making.
4) Find a career in a field you love. Go to college if necessary, but get yourself a job that you enjoy. You will acquire more than money if you do. Brian Tracy always says once you find a job you really love, you'll never work another day in your life.
5) Turn your car into a university on wheels. Remember, one idea from a book or audio book or radio program can make you a millionaire. You can find affordable audio programs and you can also rent audio programs. There are also a few good financial programs on terrestrial radio too. Learn to do something like manage a company or become a better salesman.
6) Find a good mentor, advisors, and form a mastermind alliance. A good mentor is like a map and compass in uncharted territory. Unless you are an expert at everything, you need competent advisors, like a CPA, a lawyer and a financial planner. A good mastermind will cover your blind spots, and keep you focused and motivated.
7) Set your major goal and a specific written plan for achieving your goal. Don't change your
major goal, its harder to hit a moving target. Make sure your major goal is realistic. Take action every day on your major goal and be persistent!
You can find some excellent books, audio books and free information at http://www.financialindependenceuniversity.com David K. Drews is the web master of http://www.financialindependenceuniversity.com and is a graduate of the school of hard knocks. Ignore his teachings at your peril.
Article Source: http://EzineArticles.com/?expert=David_Drews
Showing posts with label add value. Show all posts
Showing posts with label add value. Show all posts
Tuesday, February 9, 2010
Wednesday, April 8, 2009
How to Think Big
Most people think too small. They chase small rewards, and that's what they get, small rewards. Donald Trump has been quoted as saying that it's a good thing most people think small, because that leaves the big stuff for him. "If you're going to think at all, you might as well think big", says the Donald.
How do you think big? Rather than say, "I plan to release a one hour audio", you could say, "I plan to release a series of excellent audio programs which will be a must have in my industry."
A good idea is to think in broader terms. You can take a job where you do one little thing all day, or you can prepare a business that will serve many, either through automation or more employees, or both. If you can add more value to your product or service than anyone else, and effectively serve more people than anyone else, wealth and success will follow.
Solving bigger problems leads to massive success. I used to work with a guy who worried way too much about tiny problems and issues at work. When he wasn't doing that, he was proposing to the company things that would not make money or add to the bottom line at all. When you think about solving a problem, think in terms of the World, or your country, or your industry, or a whole demographic, etc. Solve a big problem and sell your service to people who have that problem. Then get to work making a business plan and finding investors. Make sure your services are seen as superior and worth the price paid by your customers. If the world thinks your products or services solve their problems, you have succeeded on a big scale.
Associate with people who think big. Work for a company that is trying to make it big, by solving big problems. Start or join a mastermind made up of people who have serious ambition. Enjoy some coffee with those studious and ambitious business majors at school.
Piggy back on the back of an entrepreneur by working as an assistant, or at least follow his/her books, articles, corporate web site, and blog. This will give you some insight as to where that entrepreneur is going and where your industry is headed. You could invest in the company (or fund) that your role model entrepreneur is running. You are more likely to follow it if you own some of it.
When you make decisions regarding your success in business and life, ask yourself questions like: how will this increase the bottom line of my business? Am I taking a big enough project? Is the time requirement worth the reward? Will this help me take on bigger projects in the future? Can I take this company public? Can I expand this business internationally? Am I managing enough risk? You get the idea, think big.
In conclusion, make sure you are working hard enough on the things that matter the most, and be sure to always follow through when it comes to your customers.
David K Drews runs http://www.independentwealth.us - a site that will get you started thinking big, and preparing for a dream retirement. The best books and audio programs for people who think big are featured in the bookstore.
Article Source: http://EzineArticles.com/?expert=David_Drews
How do you think big? Rather than say, "I plan to release a one hour audio", you could say, "I plan to release a series of excellent audio programs which will be a must have in my industry."
A good idea is to think in broader terms. You can take a job where you do one little thing all day, or you can prepare a business that will serve many, either through automation or more employees, or both. If you can add more value to your product or service than anyone else, and effectively serve more people than anyone else, wealth and success will follow.
Solving bigger problems leads to massive success. I used to work with a guy who worried way too much about tiny problems and issues at work. When he wasn't doing that, he was proposing to the company things that would not make money or add to the bottom line at all. When you think about solving a problem, think in terms of the World, or your country, or your industry, or a whole demographic, etc. Solve a big problem and sell your service to people who have that problem. Then get to work making a business plan and finding investors. Make sure your services are seen as superior and worth the price paid by your customers. If the world thinks your products or services solve their problems, you have succeeded on a big scale.
Associate with people who think big. Work for a company that is trying to make it big, by solving big problems. Start or join a mastermind made up of people who have serious ambition. Enjoy some coffee with those studious and ambitious business majors at school.
Piggy back on the back of an entrepreneur by working as an assistant, or at least follow his/her books, articles, corporate web site, and blog. This will give you some insight as to where that entrepreneur is going and where your industry is headed. You could invest in the company (or fund) that your role model entrepreneur is running. You are more likely to follow it if you own some of it.
When you make decisions regarding your success in business and life, ask yourself questions like: how will this increase the bottom line of my business? Am I taking a big enough project? Is the time requirement worth the reward? Will this help me take on bigger projects in the future? Can I take this company public? Can I expand this business internationally? Am I managing enough risk? You get the idea, think big.
In conclusion, make sure you are working hard enough on the things that matter the most, and be sure to always follow through when it comes to your customers.
David K Drews runs http://www.independentwealth.us - a site that will get you started thinking big, and preparing for a dream retirement. The best books and audio programs for people who think big are featured in the bookstore.
Article Source: http://EzineArticles.com/?expert=David_Drews
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