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Saturday, 28 February 2015
Sunday, 1 February 2015
CREATING WEALTH EXPLOSIVELY AND EXPONENTIALLY
"When it comes to wealth creation, the key strategy should be a
two-pronged approach to ensure financial securities that can withstand the rest
of time.” James Oh
It is greed for money that is evil. Money is the energy of exchange or transfer of value. It is neither good nor bad; it just is a means for transfer of value.
We build wealth by building some type of values within us, and then extending these values outside us. For example, I am an Accountant, and thereby build that type of value within me. Then I extend my services to others in exchange for money.
Building wealth means developing a plan to one day be able to stop doing
the things we have to do, so we can do things we want to do. Each of us has a
lifestyle that we live and hopefully we have identified hobbies or activities
that we enjoy. Wealth is simply a mathematical equation that tells each of us
how long we can enjoy those hobbies and our lifestyle before our funds run out!
As the saying
goes, “The biggest failure you can have in life is making
the mistake of never trying at all.” This
is because it will stop you from venturing in any new activities. Look around
you at those who have achieved such tangible results – have they not gone the extra
mile?
Ralph Waldo Emerson said, “Do not go where the
path may lead, go instead where there is no path and leave a trail.”
This is because
many of us live as prisoners to architecture defined by capitalism. Rent is too
high and far out of balance with our wages. Mortgages are rigged against us. The bigger the challenge, the bigger the opportunity it is. It grows
in direct proportion. Similarly wealth is grown exponentially.
The first step of
working towards anything is to consciously decide, dedicate and determine that
you are not going to stay where you are now. You make a wise choice.You have to
walk through your chosen path and no one can help you to walk through.
So why
do you need to grow your wealth? Well, there’s more to gain, but nothing to
lose. As the saying goes, “if you think you can, you can. If you think you
can’t, you can’t.” So, why choose the latter?
Here
are the four main “whys” we need to grow our wealth exponentially and how we
can do it.
REASON #1 We are
living in a world that is full of uncertainties.
Corporations, both huge and small are collapsing one
after the other, and countries too can go bankrupt. Financial scandals are
soaring to new records high; internationally or locally, these
are plentiful, though awful, dreadful yet no longer shameful. I am very
certain that you can easily cite me three examples of recent financial
scandals.
All these
have become norms. We can't leave things to chance anymore. We need to take
control of our destinies. We have everything to grow our wealth exponentially
regardless of our current status, financial positions and backgrounds. We must do
it for ourselves and the people we love.
Growing
our wealth exponentially is the surest way to have better security. The
only gate-keeper of your wealth is YOU. Stop giving people the express, implied
or indirect power to control your wealth, your worth and your health.
Fortunately,
I have been growing my wealth since I was 14. Now, I have been reaping my other
sources of leveraged income ranging from interest, dividends, rental,
investments’ income and royalty.
Despite
various trying challenges in the past, my wife and I were determined and have
given our children the kind of education that many less fortunate people can
only dream of.
REASON #2 Globally High inflation regimes
Have you ever noticed that everything is going up
“exponentially” except our pay check? Even if it did, what is the rate of
increment as compared to increase in prices of other major consumer items?
With
the current high inflation regime, inflation will eat into our wealth if we
don't grow it bigger, greater and
higher than the real inflation rate.
We
need to safely, speedily and
steadily build up money in order to give us financial
security in retirement, or to give us enough funds to pay for holidays and any
unexpected health scares or emergencies as we get older.
In short, without any financial worries, we will be able to enjoy our golden years or even platinum years. Be financially savvy; take full accountability and responsibility of your own wealth. Do whatever you need to fix or shoulder the mess or challenge you are in now.
In short, without any financial worries, we will be able to enjoy our golden years or even platinum years. Be financially savvy; take full accountability and responsibility of your own wealth. Do whatever you need to fix or shoulder the mess or challenge you are in now.
Worst
still, medical science and quality of life continues to increase our life
spans. But it seems as though many of us are not really living the life we are
given. What would we do if we knew we were going to die tomorrow?
REASON #3 Money
is not evil.
It is greed for money that is evil. Money is the energy of exchange or transfer of value. It is neither good nor bad; it just is a means for transfer of value.
We build wealth by building some type of values within us, and then extending these values outside us. For example, I am an Accountant, and thereby build that type of value within me. Then I extend my services to others in exchange for money.
Once
we have More Money, we will have More Freedom, Resources and Time to spend with
our love ones. By then, we are able to live life of our choices and not play by
someone else's rules.
The
wealthier we are the more people we can help and we can do it better, faster and further. Give our
money, energy and time in support of those good causes, like donating to and participating
in charity organizations and activities.
“The
primary beneficiary of such noble actions is always the one who gives, not the
one who receives.” Napoleon Hill.
REASON #4 Salaries are not
growing as fast as the prices of other major consumable items.
As a
result, it is more difficult to save as much as we need to spend. You may live
simply, but the basic living costs have increased dramatically, as a result of
higher inflation. In order to set- off the higher inflation rate, your wealth
needs to grow so as to sustain you and your loved ones.
You
can see now that growing our wealth is unavoidable regardless of your chosen
lifestyle as cost of basic items increase over time. We can do it because it is
not difficult. This is the way to
go about getting what you want.
We
don't need to be Rocket Scientists to do well financially. But, we need to use
a simple mathematics, logics and common sense.
Wealth
is within our grasp. Everyone has the capacity, of achieving, whether big or
small, obvious or hidden, because it is inside us. For instance, we may turn
our talents, expertise, hobbies, interests, passions or even our life stories,
into Money-Making Speaking, Singing, Acting, Entertaining, Coaching or
Consultancy Careers. How?
a) Constantly apply Knowing-Doing Gap
strategies.
I
have been applying it to stay above poverty and also during my professional
career as Financial Controller to turnaround a company during the Asian Financial
Crisis in 1996.
In life we can only have two things - Reasons or Results - and
reasons don't count. We either have what we want, or we have
"reasons" why we don't have it.
Don't wish for wealth, work for it. We are designed to get the best for ourselves, grow wealth and help others.
Don't wish for wealth, work for it. We are designed to get the best for ourselves, grow wealth and help others.
b) Start with a daytime dream.
A
daytime dream that keeps you awake and not the one you had while sleeping.
Without a dream, failure is guaranteed. Having dreams will not guarantee
success, but at least there is a chance for your success.
Get
ready and prepare for success. Apply it with action and tangible tools to make
it real. “You can create what you conceive in your mind.” Napoleon Hill.
c) Take action
A
vision and goal without action is a wish. By doing, you will have the chance to
make it real.
You
either gain or learn in any venture. So, choose to have an actionable faith and
continue your efforts to make every dream happen. Seek outside help if necessary. You
will be surprised to find lots of people are willing to help you. People want
to see a better world if your dreams come true, especially noble ones.
There
is no exact science behind success, but there are most certainly no secrets
when it comes to creating wealth or whatever other desires you may inspire to
create for yourself.
With
the right guidance and proven recipe for wealth, you too can rise from struggle
to success.
d) Leave a legacy
Wealth
is nothing more than an individual choice, just as failure is a choice. It is
derived and made possible as the result of a choice. The question is whether
you have the desire to claim your success, which I believe all of you have.
Never
let your "Unconscious Choices” limit your "Consciously Desired"
Results. Pretty cool don't you think?
The
answer will become more than apparent as the story reaches its conclusion.
Wealth
is well within your grasp and easily attainable if you will only find that
"inner place" and make the choice to "allow" it to be so.
You
have already taken a major step by reading this article. Now, choose to take
the next step and leave behind a good legacy.
Another
thing! Prepare to get empowered. Look for something affirmative and positive in
each and every day, even if some days you have to look a little harder. Let the
challenges make you strong, unshakeable and unstoppable.
Know
that you are the sculptor of your external reality. This is also the hidden and
often ignored creative power within us. This is this power we can use to create
the wealth we desire.
More
importantly, we can do it in a way that allows us to live our life in an easy,
stress-free manner.
Always remember a man’s world is the
projection of his mind. When his mind is weak, he sees problems. When his mind
is balance, he sees challenges. When his mind is strong, he sees opportunities.
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