Tuesday, September 29, 2009

Change your mind, change your life


I've been doing a lot of reading lately and I've come across really interesting concepts from Robert Kiyosaki, author of Rich Dad, Poor Dad.

Most common strengths of successful investors

It's time to consider some of the positive traits that will propel you forward on this journey to financial freedom. Robert shares with us that the strengths most common to people who succeed in business and investing are:

  • Vision — The ability to see what others do not see

  • Courage — The ability to act despite fear

  • Creativity — The ability to think outside the box

  • Self-confidence — The ability to withstand criticism

  • Self-control — The ability to delay gratification

  • Do you have any of these traits? What are they? Continue to nurture them and allow them to grow your financial future. If you are missing some of these traits, set some goals and objective to develop those traits in your life as well.

    I personally find that each of these could be a stumbling block sometimes, but that "Self-control" seems to be the one most people struggle with. We tend to want our gratification right away instead of waiting for the treasure that we will acquire at the end of our journey. Once you have learned this important principle, I'm sure you will be able to see the success you have been looking for all your life.

    In closing, remember that "The times are rapidly changing, and if you want to be rich, your approach to money and investing has to change too." ~ Robert Kiyosaki

    Tuesday, June 30, 2009

    How to get a billionaire's attitude

    I was listening to an amazing conference call tonight and thought I should share that with you all. Bill Bartmann is the only homeless bankrupt gang member ever to become a billionaire and his conference tonight was about what we have to do to get a billionaire's attitude and how to achieve the results.

    There were many things that could help most of you in that call, however, I wish to concentrate on how to get a billionaire's attitude because frankly, if you want to make it big, you all know that you have to hang out with those that have achieve that status and he certainly qualifies.

    Here are the three main things you need to focus on:
    1. Be able to recognize a great opportunity when you see it.

    2. It is not only important to find a great opportunity at the right moment to be able to cash in our idea, but equally important if not more is the ability to recognize what COULD be a great opportunity.

    3. Replace your thinking of "It will never work" with "What if?"

    4. Don't assume you can't do this, take a bite out of the apple and see how it feels. Replace the negative thoughts with positive thoughts and actions and you will see that everything around you will change.

    5. Treat people with dignity and respect

    6. Everybody deserves to be treated with respect. I have always lived with the motto "Do unto others as you would have them do unto you." The golden rule applies, especially in business. Don't be fooled into thinking that you can get away with anything. The truth is, you CAN'T. I find that when we treat the people around us as we would like to be treated, one of two things will happen. The countenance of our interlocutor will change or we will decide not to be associated with them anymore. Either choice is fine. The sooner you will realize that, the better you will feel about your business.

    In closing, remember that "The only thing better than a great opportunity is one that everyone else cannot see and does not want."
    — Bill Bartmann

    Wednesday, June 24, 2009

    How to spot a great business partner

    If you're trying to take your business off the ground, then you have to follow some simple rules. A very important lesson I learn at the very beginning is that you will have to learn how to spot a great partner, because down the road, you want to be associated with people that will have great business acumen.
    1. You want to be working with people that will call you... not the other way around. You don't want to be chasing after someone. If they need something, they have to be able to call you and vocalize their needs.

    2. You need people that will follow instructions. Who wants to be working with people that cannot follow a simple instruction? If they don't, you'll be wasting your valuable time, time you could have used to train someone that is willing and ready to change their life.

    3. Find someone who has lots of energy and is positive. People want to follow leaders, not someone who doesn't seem to know where they are going or talk like they barely woke up!

    4. Work with people that are teachable. Need I say more? Let's just put it this way, if I wasn't teachable, I wouldn't be here teaching you these simple principles. You have to be able to absorb, assimilate and have the desire to share what you learn.
    May you be blessed to find the right business partners that your lives may prosper and that you may be able to pay it forward to those in need around you.