Sunday 26 June 2016

THE TOP GREATEST WEALTH CREATION SECRETS OF ALL TIME



Everyone wants to someday be truly happy, maybe powerful, and be extremely rich.while many dreams of these achievements, only a small fragment of the population will attain it.
wealth create doesn't happen through wishful thinking. your mind may stay positive, but are your actions?
to create wealth, you must change everything that defines you, launch your life's direction on a new path, become the millionaire-making habits that people speak about, and possess a superior level of self discipline and focus.

   THIS ARE THE TOP SECRET WEALTH CREATION THAT WILL TURN YOUR LIFE AROUND: 

                                     DEFINE WHAT SUCCESS REALLY MEANS TO YOU:

At what stage can  you confidently tell your self that you're truly successful? the definition of success differs per individual.
to some, it's about making a lot of money, buying exotic cars, mansions, and going on luxury vacations.
  to another, it's about building an empire. a conglomerate that would span through the ages, and make their family name known, and powerful for a long time; an example is walriart
to a third sect of people, it's about having the people they care about, being around them all the time. may be a marriage to a lover, having beautiful kids, or spending time with the extended family.
whatever success means to you, the first thing you need to do to be able to determine when you've truly achieved it, is to determine what it stands for to you

                                                    START INVESTING EARLY ON;

  Many of the world's richest started their business very early in life, great examples like bill gates, steve jobs, mark zuckerberg, warren buffer, and  many more, started out most in their 19, 20 years {bill gates started before the age of 20} while those individual's net worth's may be seen as far stretched for the common man to aspire towards, many other examples of successful millionaire & billionaire entrepreneurs exist starting out early teaches you valuable life lessons on time. you may very well fail a lot but the beauty of failure, is that it prepares you for a more permanent success
an early start helps you reach your financial goals faster. since you have a longer time to experiment, ultimate wealth creation would not feel too much like an unreachable fantasy.
as this stage, you can learn the essence of saving, investing, and financial intelligence. the challenges you face and overcome, would become building blocks for you eventual success on the long run

                                      STAY PREPARED FOR OPPORTUNITIES;

Waiting for opportunities doesn't necessarily mean waiting for good luck!!! remember, ''hope is not strategy''!
you creating your own luck by now prepared you to take on challenges that are usually unseen by the other 97% of the population while you run your business, you have to constantly be on the lookout for new opportunities that did aid your business growth. most super successful businesses had some form of first-movers advantage. this benefit, was heavily based on the fact that they, in some way, took advantage of an early opportunity they spotted right on time.
staying ready to take advantage of good opportunities is one of the most important wealth creation habits every aspiring and current entrepreneur must possess

                                                BUILD THE BEST TEAM THERE IS;

''A man can accomplish anything, once he realizes he's a part of something bigger, a team of people who share that conviction, can change the world''- agents of shield
the people you hire or partner with, are crucial to your success. if you move with less  motivated or unskilled individuals, you'd only experience a drag through your activities.
what you need, is a lion team. an intelligent pack of individuals that do anything  to success, give them freedom to make their own decisions. offer them small stakes in your business if possible. but most importantly, keep them highly motivated all the way.
only a leader can spark motivation in her/his team. with a small shared goal, a good plan, and an effective way for your lion team to communicate, your chances of success just skyrocketed

                                                DIVERSIFY YOUR INVESTMENT

With, a diversified portfolio, you'll always welcome some income from one angle, or the other. reinvesting and diversifying your investments, is one wealth creation habit you must hone to perfection
never tell yourself that what you have a enough industrial revolutions come and go, and you wouldn't want to be caught up in the middle of a bubble-burst of one industry
putting all your egg in one basket, puts your financial future at risk. but with a distributed income source, you can be confident of a long-term steady return on your investments

                           BE PASSIONATE & RESPONSIBLE FOR EVERYTHING;

Before you start any business, it's important that you're truly passionate about going into the venture.
passion will keep you going, even if your business remains unprofitable for two to three years if what you want to venture into, isn't something that you can run without some income for a long time, then you're better off doing something else because, won't probably last long.
you also have to show a mature responsibility for all your investments. you have to oversee them, and ensure that things are going according to plan. if you have investors, then you're responsible for what their return on investment {ROI}turns out to be on the long run.
if for any reason, your board members start to lose their faith in you, you'd get fired before you know it.
stay passionate, and your staffs, partners, investor, and even customer, will stay motivated all through the business journey

                         STAY FOCUSED, DISCIPLINED,AND TIME SENSITIVE 

A research referenced in the book, ''the power of habit'' by charles duhigg, shows that self-discipline is more effective than I.Q
Self-discipline is what differentiates the eventual winners from the losers.
it's what keeps you focused and time-sensitive to deliverables.
it's what ensures you constantly reinvest and diversify your portfolio
it's what ensure you have a check, every now and then, concerning various aspects of your life and business
without self-discipline, you cannot succeed
it's what ensures you cultivate a great saving habit.
wealth creation is far beyond wishful thinking. it requires only the toughest of all to achieve. and these sect, are the highly discipline part of the population

                                           PERSIST UNTIL YOU SUCCEED 

''Nothing great ever comes easy'' and also '' in a free land their is no free food'' and if it come too easy, there's every chance you're losing it sooner than you think.
the path to success is rough. there're are ups and downs. there're rejections and acceptances. there is love and hate. but through it all, if you will come out on top ''you must persist unit you succeed''!!! perseverance is the single must important skill every entrepreneur must possess. every time something you try turns out wrong. you haven't failed. you've only just realized another way that doesn't work.
persistence makes all the rejections worth it in the end. your tenacity, is key to achieving your goals. 
it is because of this, that too much good luck is bad. when you experience crash, it becomes difficult to rise again, because you're not familiar with failure
but for a man/woman who tried 20 times before he/she succeeded, he/she never truly wasted valuable time.
he/she only discovered 20 ways that wouldn't work, and this makes it easier for him/her to rise up again after a fall.

                                 KNOW THE RIGHT TIMES TO BORROW;

Debts have swallowed up so many business and individuals. it's highly important that you then, know when and how to borrow.
don't take loans to buy liability like cars, air conditioners, and the likes. only borrow for capital expenditures.
in simple word; if what you're borrowing for, isn't going to put more money in your bank account, don't do IT !!!!!


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2 comments:

  1. Humphrey Okechukwu Ngwu20 July 2018 at 01:12

    I'm one of the member of gnld company but i did not see any por

    fit or gain in this company till today they eat my money

    ReplyDelete