What are the 7 Keys to Getting Rich?
It beats me how I have avoided getting obscenely rich in this country. More people than ever before in our national history are making enormous fortunes. In fact, those who can stomach the requirements are reaching higher financial peaks than any in the history of this nation.
But what are those requirements?
1. Is it hard work?
I know what your thinking because I’m thinking the same thing, “I do work hard, and I’m not wealthy!”
But (there’s always a but isn’t there?) that is only partially true for me. I work hard and I’m sure you do work hard. But, who do you and I work hard for? And what do you and I work hard doing?
If you and I have a regular job working for someone else we are quite probably amassing wealth. We just are not for you me. We are amassing wealth for whoever owns the business you and I are working for (thank you Ted Demopoulos).
2. Is it a willingness to take risks?
In most circumstances the only difference between the employee and the owner of the company is the ability to tolerate risk. On the other hand, for you and me there is a tremendous difference in taking risks and gambling our hard earned money away.
3. Is it being persistent?
If you and I have a plan and we present is and it gets rejected, do we adjust our plan and try again?
4. Are we afraid to be individualists?
It is a very healthy excercise for you and I to ask ourselves the same question on a regular basis. Why do we do it this way? Can I think of a way to do it better?
5. Do we despair if we don’t consider ourselves to be “gifted?”
The reality is being overly gifted can be a detractor. Gifted people get annoyed when others don’t see things that to them seem completely obvious and simple. So, to you and I, who deal with the less than visionary on a daily basis, we actually should be in an advantageous position.
6. Can we stand on the shoulders of giants?
What if you and I were to find someone else who has achieved success in building what what we are trying to build and mimic them. Oddly, most of those who have achieved what we aspire to are in their 40’s and so are at a time in their lives when they feel comfortable in the mentor role.
7. Do we make amassing wealth our primary goal?
Money is nice, but it won’t us happy. I once met an extremely wealthy man name Kenny Stewart. Kenny has built a tremendous fortune in the MLM industry. He focused on the Amway plan and built an organization that brought him millions in residual revenue every year.
When he started with the organization he was a bankrupt building contractor.
Kenny had the achieved the dream. Several big beautiful houses, motor coaches, cars, fabulous vacations the whole nine yards. At the time I met Ken he was in the midst of a divorce. Although, he was too much of a gentleman to speak in detail about his personal life he did make one statement that has stayed with me through the years. “Money can’t fix everything.”
Even though Stewart was making an obscene amount of money he could not reconcile his conscious to what he viewed as the inappropriate requirements for using the Business Support Materials (BSM’S) in the organization he had built and it ultimately contributed to the demise of his marriage.
So, why aren’t you wealthy?
May 1st, 2008 at 4:34 pm
Why aren’t I wealthy? 1. It’s not all that important to me 2. I like spending money much more than making/saving it 3. I tend to shoot myself in the foot success wise - i think I’m a money-masochist!
May 2nd, 2008 at 12:24 am
You’re not rich?