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
There could not be a better time to mull over... Read More
Hello,If you dont understand this yet, or have not heard... Read More
"It's the business of your life?and you're the CEO!" Gala... Read More
It's the beginning of a brand new year: a time... Read More
It all begins with a simple calculation.You are home on... Read More
I want to share an experience I had in common... Read More
So you want to become wealthy? While there is no... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
In most societies, we are raised to believe in the... Read More
Remember the bloodied face of Randall "Tex" Cobb?He was a... Read More
This is a true story from my own experience that... Read More
Financial planning is an ongoing process individuals and businesses should... Read More
At any time in history, no matter what the current... Read More
Why not run a lucrative paper business? Paper businesses do... Read More
Yesterday we learned that 74% of all wealth is created... Read More
This article focuses on generating cash as a full time... Read More
Imagine being able to steal untold millions of dollars in... Read More
How Much Money Will I Need to Earn to Retire?This... Read More
Let's begin easing you out of the pits. I mean,... Read More
Building wealth is as simple as saving a little bit... Read More
No one has complete control over their thoughts. But with... Read More
This 4,000 acre sale (now a marina and resort town... Read More
Despite what you may have read or heard, anyone is... Read More
It's no secret that the market goes UP...the market, goes... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
Why is it that the older and richer people become,... Read More
Planning for the undesired, accidents and possible unknowns in life.... Read More
There once was a hawk, ferocious and swift. He was... Read More
The idle are a peculiar kind of dead that cannot... Read More
Early in my legal career I represented two young women... Read More
When you purchased your home, you most likely got a... Read More
"The quickest way to wealthThat I've found to be true;Is... Read More
Estimated Reading Time: 4 minutes -- Envision your life 10... Read More
Many of us do not consider the underlying belief system... Read More
When you purchased your home, you most likely got a... Read More
OK, this article will start with the cheapest piece of... Read More
Turn to the year 1999, a couple of friends sitting... Read More
There are few things in life that are more stressful... Read More
Financial planning at an early age may seem complicated, however... Read More
There are plenty of people who are in love with... Read More
Do you ever get this in your email box: Find... Read More
The rewarding of high compensation packages to top executives who... Read More
There are only 2 ways to grow your wealth -... Read More
As someone who loves to shop, enjoys holidays and owns... Read More
This 4,000 acre sale (now a marina and resort town... Read More
Uncle Sam and his band of merry-men, better known as... Read More
Many people assume that the offshore world is accessible only... Read More
Part of learning to become financially free is to begin... Read More
Now is a great time to make it a habit... Read More
Financial freedom is the power to do what you will... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
Have you wondered why financial experts only tell you certain... Read More
In theory the idea of generating additional (and passive) business... Read More
I have a good friend who works in an area... Read More
There once was a hawk, ferocious and swift. He was... Read More
"If you know how to spend less than you get,... Read More
One very important wealth creating habit is to set up... Read More
It's the beginning of a brand new year: a time... Read More
Look at Forbes' top 10 United States wealthiest people. Notice... Read More
Financial planning is an ongoing process individuals and businesses should... Read More
Have you any idea how many people search Google every... Read More
One of the things most of us have old ideas... Read More
Articles on 'How to make money' come a dime-a-dozen. How... Read More
E-currency is very popular on the Internet today. People use... Read More
Why is it that the older and richer people become,... Read More
Many people have a false understanding of what it actually... Read More
Wealth Building |