On the Path to Wealth
Two ways of thinking:
Traditional
- Little risk if any
- Disciplined savings
- Disciplined spending
- Focus on building assets
- Building purchases
- Highs and lows stabilized
- (may be best for those with family considerations)
Entrepreneurial
- Higher level risks
- Belief of spend it, and income will increase
- High lifestyle
- Highs/Lows @ extremes
- Must be able to adjust standard of living
- Highs can be grand
And of course the third path, which is a combination of both…
4 Keys to Financial Success
- Make a definite decision to be wealthy.
- Establish positive beliefs (what you can and can't do is based on your beliefs.)
- Never listen to what others tell you what you can't do.
- Use leverage
Some examples of positive beliefs:
- "I am happy any time I am working towards my goals, spending time with my loved ones, and am learning or growing."
- "I always continue to increase my net worth and earnings each year."
- "I turn impossible looking situations into goldmines (every time.)"
- "All the mentor's, teachers, and assistance I ever need shows up with impeccable timing."
- Develop the mentality in business to "Work yourself out of a job."