Wednesday, February 13, 2008

Learn how to invest money, start a business, and network

There are different ways to reach financial freedom which involve completely different paths. You can strike it rich through a huge lottery winning, although that is highly improbable. You can work for a company and fight your way to the top, level by level, getting paid more, taking on more resonsiblity, and hopefully getting closer to financial freedom, or almost certain life un-freedom. Or you can become an entrepreneur just by starting to think like your own boss.

If you stop and think about it, how many people do you know got rich and financially free by working a 9-5 job and occasionally overtime. If you do know some, and you should, how long did it take them? Are they now retired and happy? What about the rest of the people you know? Are you headed down the same direction?Isn't is surprising to know that less than 20% of people make more than $80,000 in North America, give or take, and that less than 5% of the population controls more than 90% of wealth, again give or take. We live in a society of spenders. We live in a society of appreciating land values. Unfortunately, we also live in a society of inflation and depreciating dollar value. So what can we do about it?

Start thinking like your own boss! Building an entrepreneurial mindset is a definate way to get ahead. Start seeing opportunity where others miss out. Ray Kroc, the founder of Mc Donalds, once said something like this about his business, "I sell hamburgers, but I'm in the business of real estate." Paul Hartunian sold the Brooklyn Bridge back in the early '80s. His story is mind-blowing. Apple, Microsoft, Burton Snowboards, mom 'n pop diners... these ideas among others much simpler were were all built on filling a consumer need. Business is that easy!

Networking. It is never too late to start, nor is it ever to late to meet people. To get ahead in business, you need to build business relationships. This may sound difficult, but it isn't really, so long as you are willing to put yourself out there. Everyday, in every city there are seminars going on. How to make money today by selling an endless supply of doodads, lotions and potions, how to make money in real estate, how to invest money in stocks or forex (foreign exchange)...the list goes on, and on, and on. The point of these seminars and your attendance is not for you to buy each and everyone, but to build a foundation of sales techniques, language usage, and courage to talk to random strangers. You'd be surprised of the kind of people you will meet in such a seminar. Now a days, both young and old, and those looking to make a change in their life.

Investing. Start investing in your future. Seminars to build yourself and better your and business acumen may not produce you financial income, but it is an investment in yourself to build the skills necessary to begin making a change. Think of it like going back to school. Investing can be a whole lot of things. Investing time to build an idea, investing money, investing in education. Just avoid investing your time in things that waste your time such as television and negative people.

The fact is, there is no "get rich quick" scheme out there that can promise riches overnight. No matter how many guarantees, certificates, and whatever motivators are out there, the only thing that can make you successful in your quest for financial freedom is motivating yourself to do something different. As someone once said, "You can't do the samething everyday, but expect something different!"

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