We all want to create wealth. Some get it easy, while others struggle badly. Why is that? What’s the secret to creating more money and wealth?
In this article, I’m focusing on 5 Key Steps you can take. There are many others, and we may explore more another time.
Mindset – Get Yours on the Right Track
If you’ve known me for a while, you would have noted this is my favorite subject. Mastery of your mind is the most powerful thing you can achieve in all areas of your life.
Get into your headspace and make changes if you need to. More than likely you do need to – if you’re reading this article, you’re searching for answers, or a fresh spin, or new gem you might pick up.
Work on yourself and develop who you are and can become. Making the best of your life and business is a major personal growth journey.
The first step to achieving success is to become wealth ‘conscious’. An important lesson I learned early is it’s essential to eliminate any subconscious resistance you may have to becoming wealthy.
Crash through the barriers and self-imposed limits that keep you from creating the wealth you desire, or getting your business off the ground, or hurting the success of the business you already have.
Eliminate all doubt from your mind now.
The foundation of your success is your confidence. Confidence is everything. The belief you have in yourself that you deserve success and have what it takes to see that success become a reality.
Confidence, together with clarity and conviction in your communication ability with others, over and above almost every other personal or business skill, can make or break your success.
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Be Your Own Boss – Build a Successful Business, Not Just an Income Stream
Being an employee for life is not likely to make you wealthy. Working for someone else only makes the employer richer. Unfortunately, the ‘system’ is not designed to make you wealthy.
Being your own boss and building a successful business will enable you to earn more money and create wealth than you ever could by working at a ‘job’. I’m sure you’ve heard the saying – ‘job’ stands for ‘just over broke’.
Building a successful business, a lifestyle freedom business, allows you to have independence and determine your own destiny. You set your own hours, financial, business and growth goals, and time for leisure.
Let’s take Internet Marketing for example – it allows you to set up a business relatively quickly with little expense, without overheads, and often from the comfort of your own home office.
Like all entrepreneurs who have the guts to take control of their future, you need to decide which way is the right way to go. You are the only person you can rely on to get it started and make it happen.
Success in business is not rocket science. It’s not as difficult as some will have you believe. It takes knowing the difference between what does and doesn’t work.
Believe me, building a successful business is one of the most rewarding things you can do. Had I known years ago where my business journey would take me, I probably would have arrived at where my business is now much sooner.
Here are some more tips:
When starting a business, most people focus on generating income and lose sight of their long-term goal of having a successful and ‘sustainable’ business that will provide freedom, independence, wealth and support many years into the future. Keep focused on building a long-term asset.
Take one idea and build it up until it is successful. Then go back and decide on what to do next. Keep your focus to the finish line.
The no.1 question is – where can I win? Position yourself in a place where you’re going to win. Look for the gaps in the market and the market in the gaps.
Listen to the marketplace. Listening is one of the greatest skills an entrepreneur can acquire. This, plus creatively and quickly satisfying the need/s in the marketplace is the secret formula to creating money on demand.
Get clued up on how to build a successful business. Don’t stay clueless. If you find you’re missing a key piece or pieces of information to get your plan going, go get that information. Go in search of what’s missing.
Invest in your financial and business literacy.
Become an avid observer of the things that propel some entrepreneurs to create major success while others do nothing but struggle.
Then take the next step – it’s not enough just to keep learning, you must Take Action, Massive Action. Yes, get the knowledge, but then promptly put it to use. Freedom comes from taking action. Deal with the information overload and move forward one-step at a time.
Focus on progress rather than perfection. Just do it! It’s exhilarating!
That’s all for today, look out for part 2 tomorrow for the remaining 3 steps.