Friday, November 30, 2007

"How can we set goals, when we don’t really know what we want?"2

By: Ken Triat
If your serious about your success – wanting to make breakthroughs in your life then set your goals, involve those around you in your direction for life and bring them with you, build from their support and share with them the successes that you achieve with each milestone that your reach.

I sometimes think that knowledge and higher education can be overrated because life has shown me what I didn’t learn at school (but wish I had) has been of greater use in my wealth creation. I know many people who are very well educated wear the right school tie, mix in the best circles and know a lot about business or investments – but they haven’t built significant wealth, a business or even successful careers. To top it off some of them actually go so far as to write books, run courses and do presentations to tell others how to build wealth based on their education not experience of actually doing it. This is a real example of the spectator telling the sportsman how to play the game.

For any success in wealth creation there are fundamentals that must be achieved. Without any one of these fundamental not being achieved, then any success will be short lived. We have all seen business start grow and fold. The statistics show that nine out of ten business fold in the first year. Nine out of ten that pass the first year fail in the next two years and only five out of ten that remain will last for ten years. Many successful companies will fold while they seem to be ploughing ahead. What are the fundamentals I hear you asking? The three that I put at the top are as follows

1. There’s stuff you need to Know 2. There’s stuff you need to Believe 3. There’s stuff you have to Do

No single fundamental is higher than the other. They all hold equal weight

What makes the difference between people who become ultra-wealthy and people who never make the grade? First, ultra-wealthy people always start companies. At some point, working for other people is no longer letting them achieve the success they were destined for. Second, the ultra-rich always invest in shares and real estate as they provide the greatest returns and enable tax minimization or tax free income streams. The third point is there is no other investment like a balanced investment portfolio. Over time, despite ups and downs, it outperforms all other investments. Remember that "Financial Security" is the biggest health cure available to western society.

Together, with a little work, you are going to make yourself rich. Set your goals, remembering to use the law of attraction, manifest the goals, live the goals as if they were already there and when they are there, stop and enjoy them. Give gratitude that you have what you have and above all else give to others so that the abundance reaches out to all of mankind.

Ken Triat has a master’s degree in Business Administration. Currently reviewing personal development centered around the power of the mind using the Law of Attraction. Subscribe to his list at http://www.physicsofgettingwealthy.com/rights to receive your Free Attraction Accelerator Report to learn how to make The Law of Attraction work in your life. Visit his website today at http://www.physicsofgettingwealthy.com

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