Archive for the ‘Planning’ Category

Three Qualities Millionaire’s build their Philosophy on a backbone of:

• Mastery
• Success
• Charity

Let me explain in more detail. Mastery refers to continual self-improvement, mastery of oneself; being as financially successful as possible, building vast wealth; and assisting others less fortunate than oneself, being philanthropic.
The potent nature of mastery, success and charity are found in these three highly empowering character traits common to all

Millionaires:

#1 They LEARN… increasing their treasure house of knowledge through continual study and mastering life principles through self-advancement. They seek personal mastery.

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When we go to the bank for a loan they look at our debt ratio by calculating how much we spend on housing, how much we spend using credit cards, etc. Depending on the percentages (and of course, by our credit rating) they agree or don’t agree to lend us the money we requested.
If you were to take one week and calculate your percentage for:

• Time spent at work
• Time spent with your family and friends
• Time spent improving yourself (whether by taking a course or reading a book, etc.)
• Time spent relaxing
• Time spent sleeping

What would your ratio be? Would you say you had a balanced life?

To keep our credit in good standing, we need to ensure we keep an eye on the percentages of where our money is being allocated. If we don’t do this, we could end up with not being able to borrow money. The same principle applies to our time. Are we allocating our time in the right percentages? At times, it is difficult to keep a proper balance in our lives. But, over time, an improper balance will lead to problems such as:

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All of us have got dreams we aspire to attain in our lives. These dreams come from people who inspire us. We may dream of making $15,000 a month, owning a sports car and living in a million dollar mansion. At the same time, based on our beliefs, we also have what I call our ‘Altitude of Acceptance’.

This Altitude means that though you may aspire to earn $20,000 a month, you are willing to accept earning $2000 a month. Although you would love to live in a million dollar house, you are quite willing to settle for a small apartment. Although you would love to be at an ideal weight of 72kg, you are willing to live life at 90kg.

Our self-image is what determines our level of expectation and level of acceptance in life.

Would you like to make a guess which level we would tend most to gravitate towards? That’s right. We always get what we are willing to accept.

Unless we raise our acceptance levels, we will never do what is necessary to achieve our goals. So, for example if you want to make more money, you have to raise your standards of what you are willing to accept.

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Are your goals a ‘Must’ or a ‘Should’?

For most people, achieving success in anything is rarely a must.They would like to lose weight, but it’s not a must. They would love to make more money, but they won’t die without it. They wish they could take charge of their lives, but they could live without it.

The moment something becomes a ‘should’ instead of a ‘must’, you will rarely achieve it. You will always find a way to put it off or to quit the moment you meet resistance.People like Sylvester Stallone, Steven Spielberg or Donald Trump who achieve success are not born more focused, more disciplined or more lucky than the average person. What makes them different is that they make their goals a must for themselves.
They are not willing to accept anything less than the best.

So let me ask you a question.

Are your dreams and goals an ABSOLUTE MUST or are they just weak desires that you can live without?

Have you been truly committed to do whatever it takes in the past or are you ‘should’-ing all over yourself?

I once heard this expression and it really had an impact on me. The term ‘decades in days’ refers to the fact that you can take literally decades of experience from someone else’s mistakes… and learn them in days.

You see, the very best minds in the world today and from the past usually have some record of what they’ve learnt, and how they got there. This may take the form of a book they’ve written, a program they’ve recorded or a seminar they’ve produced.

All it means is that it would take save you literally decades of going through all the mistakes yourself.

So, you must become a student of successful people. Study human psychology and success. It’s never taught in schools or universities, but it is crucial to understand how the mind works before you can begin to gain control over it.

When you start to understand how your inner programs are run, you will have the arsenal to begin re-programming your money-related programs, and tangible results will start to appear in your life.

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If you’re entire life had to be lived in one day, how would you live that day?

How would you behave differently if you were worth $100 Million?

If you could only have one car for the rest of your life, would you take care of it? Would you make any changes now that you know you’ve only got one physical vehicle (your body) for life?

If you knew that life gave you only 4000 weeks, and by age 30 you’d used up nearly 1600 weeks, what would this week look like?

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