Many people are looking to achieve financial freedom, escape the trap of working for someone else day in and day out, and make money for them while they work hard for a living.
1.0 Imitate – Look at people who have achieved great success in life and ask yourself this question: “What makes them different from other losers?
Look at people who have created a lot of wealth in their lives, such as:
Robert Kiyosaki et al.
Learn their stories, read their books, study their habits, and discover what kind of mindset they have. If you want to be a person who creates success and gains wealth, look at people who are already doing it and copy what they do.
Even look at the successful people around you, within your own peer group, and ask yourself what makes them successful? What is their motivation? What action to take? What habits do they exhibit? What made them achieve what they did?
2.0 Preparation – Have you heard of 6P?
Advance preparation can prevent poor performance.
Or, to fail to prepare is to prepare to fail?
Whether you are planning a business or looking to invest in real estate, doing research and educating yourself before taking action can also mitigate the risks you may face by being prepared and performing due diligence.
3.0 Becoming an Entrepreneur – The main difference between an investor and an entrepreneur is that investors invest their money into something (real estate, stocks, shares and other markets) and wait and hope that investment generates a profit. An entrepreneur invests his or her money into something and takes action to increase the value of that investment.
Make sure you ask questions and seek answers.
Formal education will create your livelihood, self-education will create your wealth – Jim Rohn