Action for you to get Rich

“ACTION” without action…nothing happens. How many unsuccessful people do you know... who can “talk the talk” but never do anything? And that is why there are successful people and unsuccessful people.

Have you noticed how much time, effort and money people wasted on the problem, instead of on the solution? I have come to the conclusion that there are only two factors that hold people back.

1.       Lack of the effort needed to THINK properly. That is down to pure laziness, because we can all train ourselves to do that.

2.       Fear of losing. The greatest holdback to anyone that modern society has adopted. Notice that successful people are also action people.

You may now see clearly that if you can put those two together in a positive manner, you will have more successes.

Thinking and then planning is the key to the action needed. Do that, and you will be the person who’s dreams will come true.

One gem I know that is guaranteed to work is to write it down, think about the solutions you need. Write them down with a plan of action. You now have all you need to proceed. That’s it, simple really, perhaps too simple for many! I could fill pages of advice but you do not need it and that is a FACT.

I would like to finish with just one question! What are you going to do today that will enhance the life of yourself and those dependent upon you.

The only genuine question you have to ask yourself is – Why are you not rich yet?

What has prevented you from getting the wealth you deserve? Do you get answers like the following?

·         I was born in a poor family

·         I need to support my family

·         I am too young/old

·         I’m not smart enough

·         I have no opportunities

·         I lack the qualifications

·         I have an unsupportive spouse

·         I have no luck

·         The economy has been down

Do any of these sounds familiar to you?

Now the trouble with all these answers is that you’re blaming someone or something else for the financial situation you’re in right now and that you’ve been a VICTIM of circumstances.

The real reason why people never get rich!

You see, most people go through life with the victim’s mindset and this prevents them from ever changing their financial situation. When they don’t get the results they want, victims tend to give themselves lots of excuses like “I’m just unlucky, I have no experience, I’m too old to earn more, I’m too young to be rich, I have no capital, I was born poor or I’m not a creative person”. The reason all these are lousy excuses is because we know that there are many examples of people who have created wealth for themselves, despite all these perceived disadvantages.

Victims also tend to blame everyone except themselves. When you ask victims why they are not rich yet they will say something like, “my boss won’t give me a raise”, I don’t get any opportunities, the stock market caused me to lose everything”. And instead of finding a way to improve and change, victims spend their time complaining but don’t do anything about it.

The trouble is that when you give yourself excuses, blame others and whine, it means that someone else or something else is controlling your life and your lack of wealth. Since you believe that it is not your fault, then you are powerless to change it. If you have a victim’s mindset and hold doggedly onto the belief that external forces are controlling your wealth, then any wealth strategies you learn will be of no use.

The moment you acknowledge that you create your own fortune or lack of it, it means that you have given yourself the power to start becoming rich right now. And when you discover the strategies of wealth creation, you will find that you can make money at any age, with any background, with little or no money and in any economy.

So, once you realize that you are in control of your own financial destiny the next thing you will discover are the steps to become, learn to think and act like millionaires on how they hoard their fortunes. To do that you have to possess and practice the 7 essential skills:

1.        Adopting Millionaire mindset:

·         Millionaires see learning experiences, where Mister Ordinary sees failure. The moment you adopt the beliefs and habits of a millionaire, your perception of the world will change completely and you will realize that there are money-making opportunities everywhere and everyday around you. Amazingly, these are opportunities that you were once quite blind to.

2.       Set Clear Financial Goals:

·         Wealth never happens by chance. It always begins with a clear goal in mind. At one point of time in their life, millionaires always make a decision to become rich. However, whenever I ask most people what their financial goals are, I often get a blank stare. This is a major reason why they will never achieve any level of wealth because they have no clue what it is. Unless you have a specific figure to focus on, you will never be able to develop a strategy to achieve it.

3.       Create a Financial Plan:

·         Once you have set specific financial targets of how much you want to earn and how much money you want to accumulate, you can then develop an effective plan to achieve it. Goals by themselves are nothing but pipe dreams. Only when you create a plan, have you made your goal a possibility. The moment you start taking action on your plan, your dream becomes a reality.

4.       Massively Increase Your Income:

·         After developing their financial plan, most people tend to become initially disheartened. They look at their plan and realize that with the amount they are earning and saving right now, it will be decades before they see any big money. It is therefore important that you learn how to accelerate and turbo-charge your financial plan by taking steps to massively increasing your income.

5.       Manage Your Money and Reduce Expenses:

·         Many people think that by increasing their income, their wealth will automatically increase. Unfortunately, increasing income is only one side of the wealth equation. After all, there are people who earn SR 10,000 a month who are broke and there are those who earn SR 20,000 a month who are still broke. The reason is because when we don’t manage the money we earn, our expenses will always rise to our level of income, wiping out any surplus we have.

6.       Grow Your Money at Millionaire Returns:

·         By increasing your income and reducing your expenses, you will find that you will be able to accumulate a surplus of funds that you can use to help you build fortune. You need to do this because, no matter how hard you work and save, you will never be able to create phenomenal wealth unless you learn how to put your money to work for you. Through the power of compounding, you will be able to take small sums of money and build it into huge returns over time.

7.       Protect Your Fortune:

·         There is no use working hard to build your personal fortune only to see it all taken away from you. There are many people who have taken decades to build their fortune only to see it wiped out by an accident, unforeseen illness or through an unexpected lawsuit. Self made millionaires engage professionals like insurance advisors, lawyers and accountants to help them build a financial fortress so their wealth is protected from potential creditors, plaintiffs looking to sue and the government who may take away a big chunk of your wealth through a whole range of taxes that you may not have even heard about.

So, there you have it, these are the seven essentials that you must take towards financial abundance. I believe that if you were to take just these 7 steps today and apply them prodigiously right now, you’ll see instant results. How easy is that? Or you can remain poor.