(Disclaimer: This is not my article, I am presenting it only for general interest. All rights for this article rests with the author.)
By Bob Proctor / Source: The Science of Getting Rich
There is a very real possibility that everything you and I have been taught about how to earn money is so far from the truth that it’s almost comical.
Earning money has nothing to do with age, formal education, gender or geography. It has nothing to do with past experience or your formal years of education or your level of intellect.
There are individuals who are functionally illiterate who have become multimillionaires, while there are others who are absolutely brilliant and they are broke. Virtually anyone can be taught how to earn millions of dollars and yet the sad truth is that 97 out of every 100 people are born, live their entire lives, and die without ever learning how to earn money. To perpetuate this ridiculous problem, their ignorance is passed along from one generation to the next.
Our school system has been designed as an environment to enlighten young minds, to replace ignorance with understanding and ultimately improve the quality of life. And though our educational system has obviously been successful in many areas, it has woefully neglected one important subject, ”How to Earn Money.”
A lack of understanding in this area is the cause of numerous unwanted and unnecessary problems, since money is the medium of exchange that is used worldwide for other people’s products and services.
The Real Source of Wealth
There has always been a small, select group, approximately 3% of our population, who clearly understand that prosperity consciousness is the primary cause of wealth and their prosperity consciousness, like ignorance, is also passed down from one generation to the next.
Let’s look at ”money.” What is it?
Money is a reward you receive for the service you render. The more valuable the service, the greater the reward. Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually.
Money is an Idea
The paper you fold and place in your purse or pocket is not money. It is paper with ink on it. It represents money, but it is not money. Money is an idea. The earning of money has nothing to do with the paper stuff, it has to do with consciousness.
To accumulate wealth, a person must become very comfortable with the idea of money. That may sound strange, however most people are not comfortable with the idea of money, which is why they do not have any. The cause of poverty is poverty consciousness. A poverty consciousness will cause a person to see, hear, think and feel … lack and limitation.
The late Mike Todd said, ”Being broke is a temporary situation. Being poor is a mental state.”
He was correct. There are wealthy people who lose every cent they have through a series of mistakes in judgment, but that does not make them poor. They will have it all back in a short time because of their prosperity consciousness.
Many years ago, George Bernard Shaw expressed his thoughts on money. People have such strong views on both of these statements, I purposely use them in my seminars to cause the attendees to think.
1. It is the duty of every person to be rich.
2. It is a sin to be poor.
Before you reject these as being ridiculous, let’s analyze them. To fully understand what Shaw was saying, you must have an open mind. There is a law that states everything is moving, absolutely nothing rests. You are either moving ahead in life or going in reverse … growing or dying … creating or disintegrating, becoming richer or poorer.
The Most Important Universal Law for Becoming Wealthy
There is another law to which people often refer in many different ways … Karmic Law … Sowing and Reaping … Cause and Effect … Action, Re-Action. How you refer to this law is of little importance relative to your understanding of how it works.
The thoughts, feelings, and actions that you express in life are seeds that you sow. The conditions, circumstances and things that come into your life are the harvest you reap as a RESULT of the seeds that you sow. For a moment, store this information in the back of your mind while we investigate the deeper understanding of the words SIN and MONEY.
Sin is … transgression of the law. Violating the law is a sin and, in truth, the price of sin is death. That does not mean your heart will stop beating, but it does mean you will regress. I previously mentioned there is a law that states you will either create or disintegrate, you will grow or die. When you attempt to ”get” without giving, you are trying to reap the harvest without sowing the seeds, and it will not work.
Now let’s look at ”money.” What is it? Money is a reward you receive for the service you render; the more valuable the service, the greater the reward. Attempting to ”get” money without providing service is also a violation of the law.
We Are Here to Serve Each Other
Shaw believed you and I are here to serve one another. Thinking of ways we can be of greater service will enable us to grow intellectually and spiritually. It is our duty to serve and money is a reward we receive for that service. If a person has received their money in an unlawful manner – by law, they must pay the price; you reap what you sow.
In light of the laws that govern our universe, what Shaw said is correct. However, if a person is not consciously thinking, Shaw’s statements would appear very callous, even ridiculous. Personally, I believe Shaw made those statements the way he did, to provoke people to think.
Quite simply, what Shaw was emphasizing was the importance of our own responsibility in the quest for abundance. Abundance is something we magnetize ourselves to … we draw it into our lives … in every aspect our lives. Business associates, friends, everything we want will come into our life by law, not luck. You are either attracting or repelling good. It is your own consciousness that ultimately determines your results.
”Money is in consciousness and it must be earned.” If you want to improve your financial position in life, focus your attention on creating a higher level of prosperity consciousness. Begin by preparing a powerful, positive affirmation and fuel it with emotion. When you do this, you are depositing this creative energy in the treasury of your subconscious mind. And, by repeating this process over and over and over again every day, it will begin to alter your conditioning and mentally move you in the direction you want to go. Write it out, read it, feel it, and let it take hold of your mind.
How much money do you want? Saying you want more is not good enough. Five dollars is more. How much more? Decide on a figure. Be specific. You will not seriously want more money than you are capable of earning … however, you would be wise to remember, you must earn it.
There are Three Income Earning Stategies
- Trading time for money – By far the worst of the three income earning strategies, it is employed by approximately 96% of our population – doctors, lawyers, accountants, laborers, etc. There is an inherent problem with this strategy – saturation. You run out of time. If a person accumulates any degree of wealth employing this strategy, it will be at the expense of a life. They compromise on the car they drive, the house they live in, the clothes they choose and the vacations they take. They rarely, if ever, get what they want.
- Investing money to earn money – This strategy is used by approximately 3% of the population. The number is small for the obvious reason – very few people have any money to invest. Many people who effectively employ this strategy follow the advice of a trusted, knowledgeable advisor.
- Leveraging yourself to earn money – This is where you multiply your time through the efforts of others by setting up Multiple Sources of Income (MSIs). This is, without question, the very best way to increase your income. Make a decision to have many sources of income; it’s the strategy that wealthy people have used dating clear back to the ancient Babylonians. Unfortunately, this strategy is only used by approximately 1% of our population, yet that 1% earns approximately 96% of all the money that is earned! You are only a decision away from membership.
Once you determine how much money you want to earn, write it down on a sheet of paper in large figures. Look at the number with the dollar sign beside it and tell yourself over and over again:
THAT AMOUNT OF MONEY IS AN EFFECT. IT REPRESENTS A REWARD THAT I WANT TO RECEIVE. WHAT SERVICE CAN I RENDER THAT WOULD BE DESERVING OF THAT REWARD?
Take the total figure and divide it into multiple parts. Let each part represent a source of income. Each source of income represents a separate reward that you would receive for a service you would render. Work on one source of income at a time; each one can become an exciting part of your life.
- Think of how you can do whatever you do – more effectively.
- Think of how you can improve the quality and quantity of service you render.
- Think of how you can help people in a greater way.
Money is a servant; the more you earn, the more you can help others.
Millionaires aren’t different from you; they just think and see the world differently. If you’ve a millionaire’s mindset, you’ll be a self-made millionaire one day…or maybe, you’re already a self-made millionaire!
17 HABITS OF SELF-MADE MILLIONAIRES
Habit #1: They create their own destiny.
They never blame, justify and criticize like ordinary people. Most of you know who the reason of your failure is and, you keep blaming him/ her hence, you keep failing! It is not the power attitude. It is the attitude of being victim. You fail because someone did not do something on time or, things did not happen as expected. In short, you always become victim to something or some plot beyond your control, hence you fail. You are training your sub-conscious mind to fail, … how not to succeed. But the self-made millionaires know that when they blame and criticize, they will be projecting themselves as a victim only.
Habit #2: Rich people play money game to WIN but most people play money game NOT TO LOSE.
What is the difference between these two? When you take risk – you may win, you may not win … but when you do not, one thing is sure – you are never going to win. Rich people play money game to WIN megabucks whereas most people play money game just to get enough money for themselves. Think about last time when you got money – where did you invest it? Did you invest in the savings account, in fixed deposits or, in shares and stock market? The first two types of investments are investments made to play safe – since the risk is low, the reward is also low! But if you did invest in the stock market – go, and give yourself a pat on back from my side – you took risk, and if you calculated well then there should be no doubt that you would not get reward that is going to be 300 -400 percent of what you’ll get in the first two types of investments. By taking the third option you are displaying your risk taking ability – you are thinking like a millionaire and playing the money game to WIN and NOT TO LOOSE.
Habit #3: Rich people are 100% committed to be rich.
Let me ask you one question…Do you want to be rich? You might say ‘Of course, I want to be rich, I wouldn’t invest in this opportunity if I don’t want to be rich.’ Let me ask you another question … what did you do in last six months towards achievement of that goal? If you don’t have any answer, remember that you are not alone here. Most people only WISH to be rich, they don’t want to be proactive towards that goal because they don’t mind not being rich – they are at ease with their present status. Rich people have a strong desire to be rich and successful. They know that becoming rich is their top priority and they just cannot accept not being rich.
Habit #4: Delayed gratification vs Instant gratification.
What keeps most people from being rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result these people spend a lot more than they invest. When it comes to investing in books and seminars etc, they will always think twice as they have to wait for future benefits. One has to look beyond what is apparent. You have to think about the long term benefits and have just a little patience to postpone the urge to spend. That is how you make your corpus of fund.
Habit #5: Rich people think BIG.
Agree, you take small steps but, you have to keep the long term goal in mind. Rich people set challenging goals for themselves and take massive action – at once or over the time, but they don’t dither their goal at all.
Habit #6: Rich people focus on opportunity.
They say, ‘Opportunity never comes, it is always there.’ It is true; you just got to have the eyes to recognise an opportunity. Opportunity is always accompanied with obstacles. It’s like a package; you cannot just take opportunity and ‘throw’ the obstacles away. There will be times when you see an excellent opportunity to invest somewhere but, you might not be having a penny. When you have money you would be too old. What to do then? When there are challenges and obstacles, most people will focus on them and then give excuses like ‘I’m too young’, ‘I don’t have enough money’ and eventually got them into believing that they are doomed to be poor forever. Rich people focus on opportunity instead of obstacles.
Habit #7: Rich people respect and love money.
As many of us grow up, we may unknowingly pick up many limiting beliefs and painful associations towards money from our family, friends, teachers etc. If you come from a poor or a middle class family, you might be taught that ‘money does not grow on trees’, ‘investing is risky’, ‘money will change you’, ‘save money for rainy days’ ‘money is the root cause of all evil’ etc, etc. As a result, your subconscious mind associates so much fear and negative feelings towards money that it will stop you from becoming rich. Your inner mind won’t allow you to become rich as it would give you more ‘problems’ or ‘make you a bad person’.
However, you must understand that your parents and teachers taught you that because they thought they were passing a good advice. Very often, they themselves have negative associations towards money and that is why they remained poor themselves … and then they choose to pass this advice to younger generations also! Remember, money is not good or bad – it is the way the money is earned, which can be good or bad and the way it is put to use.
Habit #8: Always do more than expected.
Rich people are value creators. Value creators have the habit to do a lot more than what is expected. If they are paid 3,000 bucks, they will work as if they are being paid 10,000 bucks! If they are expected to generate 20,000 worth of profits, they will create 50,000 worth of value! These people are the one who get promoted super fast even if they are in a job and get their income doubling or tripling every year.
The habit does not only apply on employees, it applies to anyone from super stars to entrepreneur. When Michael Jordan was interviewed and asked how he became the world’s greatest basketball player, he replied, ‘I expect more from myself than anyone would ever expect from me! When my coach expects me to train 3 times per week, I would train 5 times. When my coach expects me to score 15 points for each game, I would score 36 points! That is why I’m the best in the world’.
Habit #9: Rich people are willing to promote themselves and their values.
What is your net worth? What values do you stand for? Have you ever stood fast for the defence of your values? Why do you think rich people are associated with charities? To show off their money … ? No, it is for the principles that they want to follow in their life. It also gives them a platform for networking and improving their interpersonal and the business skills.
Habit #10: Rich people are BIGGER than their problems.
When problem comes many ordinary people just get discouraged and let the problem be there without resolving it. Remember where there is opportunity there are bound to be problems too. Rich people find their way out of these problems.
Habit #11: Rich people get paid based on results.
People who work or, are paid by hour, can never get rich. They are basically serving others. If you think you have to finish a work in X number of hours and you actually take that much – you then have the attitude of a worker and not that of entrepreneur. Rich people know that the worst possible way to be financially independent is to sell your time. They choose to make money based on performance and results and not on time. Always try to save your time. If a work is to be done in one week try to do it in five days itself.
Habit #12: Rich people think BOTH.
Most people think that if you want to earn lots of money, you’ll have to sacrifice other stuff. Rich people believe that you can earn megabucks without sacrificing anything. You don’t have to sacrifice your hobbies. Just keep in mind, you have to try and get to know as many people around as possible – keep on networking, keep on building bridges. And yes, you don’t over-indulge into something that is taking lots of your time or something that distracts you from your main goal.
Habit #13: Rich people focus on their net worth.
People with big cars or house are not necessarily rich. They may have lots of loans and debts. You have got to know what you assets and liabilities are. For example, a car taken with a loan is not an asset, it is a liability – you have to pay the EMI and it has got running costs as well. If your liabilities are more, then your net worth is low. Try to improve your net worth. Even banks and financial institutions like venture capitalists now a days look at your net worth before giving you a loan. This is not a joke, – for getting a loan you have to prove that you don’t require it, … by proving that you have sufficient net worth! It shows your financial management skills as well.
Habit #14: Rich people manage their money well.
They take calculated risk before investing their money. Most people spend most of their money and time on luxury things after getting their pay checks. But rich people invest their money and time in opportunities that help their money grow. Think about asset building always because, that only is going to increase your net worth.
Habit #15: Most people quit because of fear, doubt and worry.
Remember the time you wanted to learn riding a bicycle. How many times did you actually fall on ground? Did you quit learning bicycle? We were about 100 students at the start in medical school. Some of them actually dropped out in the first year itself. What do you think the rest did? Did they quit the medical school? No, all others went on to graduate with medical degree and most of them are today faring much better than the people who quit in the first year. Rich people act in spite of FEAR, DOUBT and WORRY.
Habit #16: Rich people constantly learn and grow.
Rich people are willing to learn from other people without looking at others’ education, age etc. What about you? Doesn’t your ego, pride – as you call it, get into your way? Life of each one of us is an example. Keep an eye open to learn something. Keep asking and, don’t let your age, education or ego come in between you and your learning attitude.
Habit #17: Rich people have their money work hard for them.
Rich people know how to look for an opportunity, invest in it and then see their money ‘growing’ by letting it work for them. But most people work for money itself and that is it! They may work hard but ultimately they sacrifice their time for more money rather than letting it work for them.
(PS: How do you like this article? Please feel free to leave your comment here. Please recommend this article to others, if you think it is worth that.)
I consulted astrologers,
The best of lot,
I checked the position of moon and,
How stars trot;
I went deep into the predictions of sears,
And none could tell me, to believe you not!
My fate, I depended on you,
In every walk of life,
Trusted you in every stride,
But here I am laid;
With the eyes open wide,
My bruised lips pursed in ‘Oh’ and,
Your big, black meat inside!
Deep up to the balls,
You give one more screw;
Come out screams –
Muffled some, loud a few!
You pat my chin,
Hold it tight;
And, that big grin
– On either side!
After some moments of stomp,
You loudly moan,
As if having a good run,
You say – going to cum;
I have to gulp it down,
With feigned jauntiness and fun!
I wipe my lips,
You want me to smile,
At your command!
You tell me to turn over,
And to bend;
To take that shit,
From the other end!
I detest this rape,
‘Was a moron to trust,
– Oh you fate!
I would no longer take.
Get off my battered self,
I must call it a day,
The destiny is telling me,
To make my own way!