5 Simple Reasons Most People Will Never Get Rich...and How To
Make Sure You Do!
What did I learn about getting rich by interviewing over 20
self-made millionaires? Well, after interviewing one famous
self-made millionaire after another I realized many of the
secrets that make them rich while others continue to struggle.
When you understand and do what self-made millionaires do, you
get to become one of them. If you don't understand and do what
they do you don't get to become one.
It's really that simple.
Here are 5 simple reasons most people will never get rich and
how to make sure you do:
~=~=~=~=~=~=~=~=~=~=~ Reason #1 - Waiting to start:
~=~=~=~=~=~=~=~=~=~=~
Most people don't want to wait for sucecss. But, at the same
time, they are willing to wait before getting started on the
road to success.
Do you see the problem here?
The longer you wait to get started, the longer it will be before
you get the money, success, and lifestyle you want. Many people
are waiting for everything to be perfect before they get going.
Therefore, they never get going and never get the rewards.
No race has ever been won (or even finished) by someone who
never left the starting line.
Don't wait to get going. Start now on the road to success.
=~=~=~=~=~=~=~=~=~=~=~=~=~=~ Reason #2 - Being financially
illiterate: =~=~=~=~=~=~=~=~=~=~=~=~=~=~
The cornerstone of all wealth is understanding the difference
between assets and liabilities. The difference is this: Assets
put money IN your pocket.
Liabilities take money OUT of your pocket.
Most people think their home, car, and other possessions are
assets. But, the truth is that in most cases those things take
money out of your pocket. They COST you money.
They don't MAKE you money.
Therefore, by the true definition above, those things are
liabilities.
They take money OUT of your pocket each month.
When you have more money coming IN from real assets than you
have going OUT to pay for liabilities, you will be financially
free. There is only one way to do this.
Which brings us to...
=~=~=~=~=~=~=~=~=~=~=~=~=~=~ Reason #3-Focus on linear income
instead of passive income: =~=~=~=~=~=~=~=~=~=~=~=~=~=~
One of the millionaires I interviewed said it simply. He said,
"if you're not making money while you sleep, you'll never be
rich."
Linear income is what you get from a job. You work for an hour
and get paid only one time for that one hour's work, and that's
it.
Passive income is when you work once but continue to get paid
over and over again from work you're no longer doing. Investing
in or creating true assets that provide passive income for you
is your ticket to wealth.
=~=~=~=~=~=~=~=~=~=~=~=~=~=~ Reason #4 - Don't understand or use
systems to make money: =~=~=~=~=~=~=~=~=~=~=~=~=~=~
A system for making money is anything that allows you to make
money without your own effort. In other words, it's an automated
way to make money.
All true assets are simply "systems" of one sort or another.
Once you create or invest in a proven system for making money,
there is no limit to the money you can make. Becoming a master
of money systems can bring you riches beyond your dreams.
=~=~=~=~=~=~=~=~=~=~=~=~=~=~=~= Reason #5 - Not being persistent
or patient enough: =~=~=~=~=~=~=~=~=~=~=~=~=~=~=~=
To finish any race you have to leave the starting line and
follow through to the finish line. Most people create their own
failure by either not getting started or not following through,
or both. To get rich, successful, and happy you must have the
patience and persistence to cross the finish line.
You must not only get started, but also follow through.
This may sound obvious, but it's still the cause of most
failure.
Only by joining the small percentage of people who are willing
to do the 5 things mentioned above will you have the greatest
chances for wealth and success.
It's really quite simple...Decide to do these things and you can
get rich too. If you don't do them, then like most people you
may never get rich.
Decide now to master the ideas mentioned above and begin your
road to success now. Then follow through and watch the
difference it makes.