Action items:
Stop doing what you’re doing. Take a break and assess what is working and what is not working. Insanity is doing the same thing over and over and expecting a different result.
Look for new ideas.
Find someone who has done what you want to do. Talk to them over the lunch.
Take classes, read, and attend seminars.
Make lots of offers.
Jog, walk, or drive a certain area once a month for 10 minutes.
Shop for bargains in all markets.
Look in the right places.
Learn from history. All the big companies on the stock exchange started small.
Action always beats inaction.
Mind Your Own Business
The profession can be a banker, but they still need their own business.
Increase Financial intelligence to:
* simply having more options.
* If the opportunity is not coming your way, what else you do to improve your financial position.
Financial intelligence is made up of:
Accounting: Ability to read numbers
Investing: Science of making money
Understanding the market: Science of supply and demand. Robert house deal is a good example.
The Law: Awareness of accounting corporate, state and federal regulations.
Five reasons why financially literate people may still not develop abundant asset columns of large cash flow:
Fear
Cynicism
Laziness
Bad habits
Arrogance
Step1. Find a reason greater than reality: the power of spirit
Step 2. Make daily choice: The power of choice
Step 3. Choose friends carefully: The power of association.
Step 4. Master a formula and then learn a new one: the power of learning quickly.
Join courses / seminars / study book for what you want to achieve.
Step 5: Pay yourself first: the power of self-discipline.
Step 6: Pay your brokers well: the power of good advice.
Step 7: Be an Indian giver: the power of getting something for nothing
Step 8: Use assets to buy luxurious: the power of focus
Step 9: Choose heroes: the power of myth
Step 10: Teach and you shall receive: the power of giving
> Whenever you feel short or in need of something, give what you want first and it will come back in buckets.
