What People Don’t Care to Know about Investing in Stocks

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More people are getting to know the value of investing in stocks these days. Consequently, a lot of public and initial public offers are becoming oversubscribed. It appears that people that we have discussed stocks with just invest in stocks because every other person is doing so or because someone has told them that investing in stocks is good. They lack understanding of some basic things in investing in stocks and do not appear to even see the importance of these things. So what are these things?

To invest in stocks we believe that you must have the following in place:

  • You should have a goal in investing in stocks. why? This is what will guide you in knowing what to buy and when to sell.
  • The need to watch the stocks you invest in especially when you are a small investor. What do we mean by small investor. for the purpose of this article, small investors are those that invest amounts less than hundreds of thousands or millions. The truth of the matter is that most Stockbrokers do not have the time to so dedicate to this group of investors because they make little money from them. Watching the stocks you invest in means taking time to follow up on news about the company you have invested in and how this news is affecting the price of its shares. If you cannot monitor your investments it my be best you consider investing in a mutual fund which has a fund manager to manage your investment without your input.
  • The need to get a Stockbroker. Some do not realize this so they just keep investing in stocks through Initial Public Offers or Public offers and thereafter keep their share certificates in a save. Some that know about getting a Stock broker do not have an idea of the first thing they should do to get a good Stock broker or are afraid of giving their certificates to someone they are not too sure of. The truth of the matter is that for your share certificate to translate to money you must get a Stock broker because they are the only recognized agents of the stock exchange who can transact business in the stock market.
  • Some rely on what employees of financial houses tell them to do and this is to the extend that they are persuaded to use their money to get private placement and afterwards share what ever proceeds they get with the financial house employee on a ratio sometimes as much as 50-50. This happens because such people are interested in investment but do not care to understand how things work and prefer an easy approach.

If you fall into any of these categories there are two options opened to you:

If you honestly know that you are lazy to get knowledge about anything or that you prefer an easy approach to issues then forget about stocks and just invest in a mutual fund where you do not need to watch anything or decide about what to invest in and when to buy or sell. Mutual funds are funds created by stock brokers, finance houses who pool investor’s funds together and invest on their behalf into different investment channels like real estate, oil and gas, stocks etc. Unlike stocks where you bear the risk yourself, the fund managers directly bear the risk. Yours is to receive your interest as per the agreed terms and conditions.

If you are really interested in investing in stocks then you must be ready to understand how it works. How can you get this understanding? Read books on stocks and the capital market or surf the net to get information on how things work in the capital market and news on stocks in your country. Subscribe to a newspaper that contains financial information like Financial Standard, Business Day, THISDAY on Sundays, etc. Discuss with people who invest in stocks and know what they are doing. Attend seminars that teach you how to invest in stocks or those that share experiences. Join an investment forum and learn the ropes. Without knowledge the people perish, so the bible says.

Good luck!

We remain deeply committed to your success,

chrisvidal

Start With What You Have To Create Wealth.

Wealth Tips No Comments »

Many people have dreams and at times seem to know what they want to do but the problem usually is that they do not know how they can take action to succeed in actualizing their dreams of creating wealth. There are issues of lack of start-up capital, lack of connections’, being victims of circumstances beyond their control e.t.c. The solution is not too far. In fact, it lies in your hands.

To be in a position to take action to succeed in anything that would not only put food on your table but also enable you be a useful member of society and a blessing to your generation,you need to do some or all of the following:

You must first and foremost have the right idea and dream. Ideas are the beginning of great successes. You should dream big but your dream should be about something you have a passion for and really enjoy doing. Beginning from this premise would ensure that whatever you start doing would stand the test of time.

  • Learn to recognize opportunities. Opportunities abound around you. But you must be prepared to take action when opportunities come. At times, you may even have to create the opportunities. Look around and ask some basic questions about happenings around you. Why is this happening? How is it affecting people? How many people does it affect? What can I make of this situation? How can I take action to succeed in maximising this opportunity? If you want to know more about how to recognize opportunities, keep on reading this column. We shall soon  publish  an article on the subject.
  • The internet as a case study. Many do not know of the vast business potentials that exist on the internet. Some feel the internet is only about having e-mail addresses. But countless opportunities to succeed in business abound on the internet. All that is required is some diligence in seeking out such opportunities and the readiness to take action to succeed as a netpreneur. Start taking another look at the internet today. Find out the opportunities that abound therein and begin to position yourself to take action. Just go to the numerous search engines available therein, key in the words of whatever you want to do. Do all the reading and research required and you’ll be on your way to starting a successful internet business.
  • Look for something real and long term that will engage your curiosity. Even though it is said that curiosity kills the cat, without being curious the cat would not make much headway in life. So it is with man. If you are afraid to take action in trying out something you’ve fantasized about then you will never have success. A lot of the inventions of today resulted from the curious spirit in man. So, if you are curious enough, you will find something you could start doing even without having all the money or resources in the world.
  • See if there is a better way of doing existing things and begin to do it. Do not always seek to re-invent the wheel. All you need do is re-align it to suit your purposes. Look around you, seek out things that are already being done and find ways of doing them better. Seek to create a business from the environment you are in. Don’t always wait until you have all the information you need to start. Josh Billings said that ‘Life consists not in holding good cards, but in playing those you hold well ‘. So, when once you can start, please start otherwise you will never ever start. It’s not because things are difficult that we do not dare; it’s because we do not dare. You will learn along the way.
  • Do what you can, with what you have, where you are’-Theodore Roosevelt. You need to know what your position is and accept the fact that you must start from that position because that is where you are. Have a big dream but you do not need to start in a big way. This is the number one problem most people have. For instance, they have a passion for a restaurant business and want to start on a scale like Mr. Biggs, Mcdowells or someting close to them so, they go looking for huge capital to start. They continue looking for ‘capital’ for the next couple of months or years and end up taking no action. Napoleon Hill said ‘Do not wait, the time will never be just right, start where you stand and work whatever tools you may have at your command and better tools will be found as you go along’. Instead of looking for capital to start for instance, at the level of McDowells, why can’t you start from your neighbourhood, birthday parties or small home occasions? You could even give out your recipes as gifts during such occasions and that would be the little step you need to take towards that big dream of yours. Once again we say, look around; what do you already have that could be of use in what you want to start? When once you’ve identified it, take action to succeed immediately. Whatever you have might not be enough but it contains the potential for what you want. So, start!
  • Do not be fooled, your friends or members of your families can assist you in starting a business. But you need to learn the secret of getting assistance from them. What is the secret? Start out by requesting for little sums of money and not large sums. Write down the names of five to eight of your family members or friends that you believe may be in a position to help. Go to them and ask for a loan from each of them, sincerely explaining what you need the money for and what you already have if any. If you have already established a reputation for honesty and integrity, you would most likely get the required assistance if not outright gifts. Why? Because most people are willing to give little sums of money that they can afford to loose if not paid back. Most people are ready to help those that are serious about changing their situation. When you have gotten the money, it is very important you use it for the purpose for which you borrowed it! We challenge you to try this method but make sure you’ve done all the necessary research into what you want to start and the chances to succeed outweigh that of failure because no one would want to put their money into something that is obvious would fail.
  • You could also seek assistance from banks. In most parts of the world, banks and finance institutions are ready to help small and medium scale enterprises to develop but you need to have a bright and sellable idea. Remember, ideas are the beginning of a good enterprise.
  • Finally, you must learn to take action to succeed! Unfortunately, some of you will read this article but will not take action to succeed. It would be ah, it would not work! You will give all kinds of reasons why it will not work but if you desperately want a solution to your situation, you will rise up and try out some of these suggestions by taking action now!

So, what are we saying? Simple. You are destined to be a success in life starting with what you have! But you must TAKE ACTION TO SUCCEED today! Don’t wait another moment. Don’t procrastinate. Remember, procrastination is the No. I enemy of business success! You must defeat it by taking action NOW!

If you found this article worth your while, please leave your comments.

WE remain DEEPLY COMMITTED TO YOUR SUCCESS!

ChrisVidal

Success Comes By Taking Action

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No doubt about that.

We once read a great post that was guest blogged by Alan LeStourgeon of Affiliate Confession at John Chow dot com titled Earn Money Online Just By Showing Up. This post even though addressing the things that need to be done to achieve success online in our opinion applies to all areas of life; online or offline.

Just read this excerpt from the post:

Being in the top 10% of bloggers and affiliate marketers requires that you just do something besides shop on eBay and read the news all day. If you are going to blog, then quit screwing around with it and do it every day, no excuses. Being in the top 5% probably requires little more effort than adding 10 comments and 2 forum posts a day and 1 article to an article directory per week.

It’s a joke to think making any money in the online world is easy. It is not, and the minions of ebook pimps selling their seductive elixir are liars if they tell you different. But don’t kid yourself, a few thousand dollars a month in earnings is well within your grasp if you just follow some simple guidelines and do them every day or as required, on a consistent basis.

It is so easy to be distracted by so many activities around us that we loose focus on things we should be focusing on and taking action on. Because many are not taking this basic step of taking action they wonder why they are not succeeding. Many of us do not like work and that is why we miss opportunities because they come dressed as work. truly success lies in doing simple basic things.

Why don’t you take action to succeed today?

We remain deeply committed to your success,

Chrisvidal

Self Improvement as a Key to Success

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You want success in life? You want to live that perfect life you’ve always dreamt of? How are you going to attain it? What do you need to do to achieve the success you so desire? One thing you need to know is that most things that happen to us are not happenstance. They happen on purpose. When once you realize this, it will help you come to grips with yourself. You need to know that more often than not, one thing leads to another. The fact that you are in a particular situation today is an opportunity to improve on it and step up to the next level so instead of locking yourself up in your cage of fears and crying over spilt milk, past heartaches, embarrassment and failures treat them as your teachers and they will become your tools in self improvement and ultimately success.

To make it in life, you need to take action to succeed by working on the path of self improvement. The following are a few tips that will help you on your chosen path to self improvement and success:

  • How do you rate yourself? Do you see yourself as a failure or a success? If for any reason you see yourself as a failure then you must stop thinking and feeling so because you’re not. You must know that to be successful, you need to first and foremost accept yourself. Why? Simple! If you don’t, no one else will! Why would anyone else accept you if you can’t accept you?

  • How do you feel when you see celebrities and apparently successful people on TV or read about them in the Dailies? Or even meet them? Do you dwell on self pity instead of being challenged to take action to improve yourself? Always remember that those celebrities do not have two heads. They have one just like you and so if they could achieve stardom; it stands to reason that you also can. But they did not get to where they are overnight. Yes, they may have been smart but they were ready to put in long hours behind the scenes to improve themselves and ultimately achieve their goals. So, be willing to do what it takes to get to the place called success.

  • When you meet other people who feel down and low about themselves, what do you do? Do you help them to restore their confidence and move up? Or you turn the other way and pretend you never saw them? Help them, encourage them but don’t go down with them. Nor let them pull you down. You know it is easier to destroy than to build. So, go out there today and cheerfully help lift the spirit of another person.

  • Appreciate other people and the beautiful things around you. When you do so, you also become beautiful to others. You may not know it but the truth is that little acts of kindness, appreciation or interest mean a lot to many people. A lot of people leave their homes each day feeling worthless, so when you do simple things like greeting them, wishing them a wonderful day, helping them lift a bag of grocery, guiding them across a busy street or simply appreciating what they are wearing, you do not know but you could just be making such a difference in their lives! Remember, the golden rule: do unto others as you would want them do to you. So, go out there and appreciate somebody.

  • How do you take failure? Do you see failure as the end of the road or just the beginning of another? You need to know that mistakes are meant to be lessons and not the end of the road. Every failure is a chance to try again. Don’t feel stupid and doomed forever just because you failed the first time or even the second or third. Remember, there’s always a next time. Make room to improve on your failure and try as many times as it will take you to succeed. Self improvement is a one day at a time journey. So, see failure as a stepping stone and not a stopping stone!

  • Goal setting. Even at the risk of repetition, we can never stop emphasizing this point. Goal setting remains the master skill of success. So, you must set for yourself meaningful, achievable and measurable goals. Self improvement doesn’t make you a superstar overnight rather the aim is to achieve an improved and better you which will inevitably set you on the path of monumental success. So, if you’ve never set a goal, do so today and if you have; stick to your goals and take action to accomplish them.

  • The only constant thing in life is change. When you realize the need to and you are willing to accept change and go through the process of self improvement, you are undoubtedly So,on the path to success but it doesn’t mean that everyone else is ready and willing to accept same. People out there have different values and attitudes so, don’t try to change everybody else just because you have seen the benefits of changing you. Sometimes, even if you think you and your best friend always like to do the same thing together at the same time; don’t be shocked to see that your best friend may not see the need for self improvement. Just take action constantly and let him/her see the changes in your life. Remember: action always speaks louder and more convincingly than words. So ,do not try to change the world by only words, let your actions speak for you.

What are the benefits of self improvement? The results you get when you faithfully embark on this journey called self improvement are fantastic! Some are: inner stability, self confidence, self appreciation, self esteem, self worth and above all genuine, reliable and lasting success.

Finally and for the umpteenth time never ever think that there’s any such thing as lasting and real over night success. You must deliberately plan for it; you must be smart enough to recognize every opportunity that comes your way and be ever ready to meet success. You must be willing to take action to succeed no matter the cost. Success does not come to the slothful, it comes to the diligent. Remember the saying that “When the student is ready, the teacher will appear.” Unconsciously, people around you like your parents, friends, teachers, colleagues whether professional or at the office, neighbours etc help prepare you for success. They are your teachers. But you must recognize this and learn the necessary lessons. When you take these lessons to heart and begin to act on them by improving yourself, your chances to arrive at the destination called success becomes even brighter.

Did you get one or two new insights about self improvement from reading this article? If so, leave a comment.

Always remember: we are deeply committed to your success!ChrisVidal

6 Vital Success Questions

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What is success? Is it just having massive material comfort, possession of several titles and academic degrees? Certainly not, success involves planning all aspects of your life. To be truly successful in life, you need to determine where you are coming from, who you want to be, the means through which you will get there and then begin to take those actions that would guarantee success.

Where Are You Coming From?

In life, you must have a starting point. Your starting point is who you are right now. Most times when you are asked to introduce yourself, you would likely say your name, your profession or where you live. But does this really tell who you are? No, it only explains your present preoccupation. To really know who you are, you have to look beyond your economic, professional, cultural and civil position as compared with your beliefs, values, and principles. Again, your experiences in life will assist in giving you insights on your positive and negative perspectives, your skills, ideas, abilities and disabilities, your areas of strength or weakness. At the conclusion of this exercise, you will be in a position to truly determine who you are and where you are coming from and whether you are ready to take any action that would guarantee you success.

Who Do You Want To Be?

Without knowing where you are coming from or who you presently are, you wouldn’t know who you want to be or where you want to go. Knowing who you are at the moment is important as it would enable you have a clearer idea of who you eventually want to be. You would also begin to know the things you need to change in your life so as to become who you want to be and also the things you need to add on. If you do not know yourself well enough, you won’t be able to clearly see who you want to be. Who you want to be should be all encompassing covering your emotional, spiritual, physical and intellectual life.

Through What Means Do You Want To Be That Person?

By what means do you want to reach your destination? What is your goal in life? You cannot have a goal if you do not know yourself for it would simply mean that you do not know what you want nor how to get it. In fact, one of the things goal setting does is to enable you know yourself. So, to a large extent, your goals would depend on what you know about yourself. After determining your goals in life, you should then draw up a mission statement that would serve you as a guiding principle to take action.

What Do You Require To Be That Person?

Your knowledge, skills, ideas and attitude are some of the basics you require to be a successful person. These are the tools that say how good you are and which will assist you in achieving your goals. This being the case, you need to take another look at what you presently possess, determine whether it is enough to get you there and if not, determine what else you need to pick up in the course of your journey. Do you need more knowledge in a particular field? Do you need to meet some particular person? Do you need to discard some habit? This self-assessment will give you insights on your ability to achieve.

What Are The Indices That Show You Are On The Right Track?

On the route to success, you need some sign posts that will tell you whether you are on the right track or not.

These are called goals and they confirm if you are on the right track or not.

They are the measures of your success. They must be realistic, attainable, measurable, and time specific. What this means is that if you truly want to achieve your plans, you cannot set two major goals that run concurrently at the same time. You must set a specific target; achieve same before moving on to the next.

Would There Be Delays, Detours And Speed Bumps On The Way?

The purpose of planning is to make your route to success smoother and to avoid a situation where you can make decisions that can make you lose your way. But no matter how focused you are, there are times that circumstances clearly beyond your control can cause delays, and give rise to situations beyond you. Like in every thing in life, there could be unexpected delays, detours, and speed bumps but you must anticipate them and prepare for them by taking all appropriate actions that will guarantee success. This means having a back up plan.

So, arise, make that plan and take action to succeed at it.

If you found this useful, post a comment.

We remain deeply committed to your success.

ChrisVidal

Goals: The Master Skill of Success

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Setting goals is a skill that needs to be developed in each one of us. Why? The answer lies in the saying that “success is goals and all else is commentary.”

Your ability to set clear, specific goals for yourself in every area of your life will do more to guarantee you higher levels of success and achievement than any single skill or quality you may possess. The starting point of all great accomplishment is absolute clarity about what you want. The more definite and focused you are, the easier it is for you to make better decisions on your priorities and the use of your time. The more time you spend on your most important goals, the more you accomplish them and the better you get at accomplishing more. And naturally, the more you achieve, the better you feel about yourself and the more you want to take further action to achieve more success. There is no doubt that goals are the master skill of success as Brian Tracy stated.

Dreams represent the new life you want to live while goals are the means you are going to use to get to that kind of life. Goals are your day to day plans. It is therefore necessary that you take action to succeed by setting the right type of goals. Note that goal setting is not just for your financial life but for every area of your life bearing in mind the true definition of wealth.

Strategies To Setting Goals

  • Let them be your own goals. You must feel excited about achieving them.
  • They must fit into your sense of right and wrong otherwise known as your values. High performance of these goals depends on their compatibility with your values.
  • You must write your goals down. That is the only way that you will be motivated to take action to succeed in implementing them. Make sure you personalize them and write them as if you have already achieved them. You can then prioritize them and break them in to your ten most important goals for any given year. When you write your goals it makes you want to achieve them. Putting due dates to them make you feel more compelled to take action to achieve them in spite of all odds. If you are interested in getting a free e-book on achieve goals and a sample copy of a Goals Worksheet that shows you how to set comprehensive goals download below:
  • achieve goals and
  • goals worksheet
  • Share your vision only with those you know would support your goals. Be careful to avoid sharing your goals with people (whether family or otherwise) who will not encourage you to attain them.
  • Your goals must be in harmony with one another. For instance you cannot set the goal of investing in stocks this year and then have another goal of sticking to one source of income which was barely able to support you last year.
  • Your goals must be challenging. They must have a fifty per cent chance of success and be propelling enough to bring out the best in you. They must be so challenging that you will feel the adrenalin pumping in you to take action to accomplish them.
  • You should have concrete goals that are measurable and achievable. Don’t set goals that are clearly unachievable. They must be such that reading them will make you feel compelled to take action with a determination to succeed.
  • Make a list of everything you could possibly do to achieve the goals and make sure you take action to succeed every day in your bid to achieve them. It helps to organize your to-do list into what we call a take action plan with a sequence of well ordered activities to be carried out daily.

Goal setting is part of financial planning and when you fail to plan, you have already planned to fail. If you truly want progress in your life, you must take action to succeed today by setting your goals. Whatever happens to you this year, you must take responsibility for same because you would be the one choosing what you do. Remember that we are here to share tips that would create awareness in you but it is your responsibility to take action if you truly desire success as we cannot take action for you.

The year is already far spent but it is not too late for you to take action to succeed by setting your goals today, that is, if you haven’t already done so!

Finally, if you have set your goals, you must take action to succeed by following through with them. Do all these and see success embrace you like a sweet lover this year.

If this was helpful leave a comment or any questions you may have.

We remain deeply committed to your success!

ChrisVidal

Must I Take Action to Succeed in Life?

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Some people at times ask the question whether they really need to take action to succeed in life. Such people believe they can succeed by being lucky or winning a lottery or any such easy way. Interestingly, the people who ask such questions are generally lazy people who are looking for quick ways to become wealthy. Permit us to repeat it that to acquire true wealth, you must take action to succeed. Not just any type of action but calculated and definite actions with the singular focus to succeed as your goal.

The prevailing get-rich-quick mentality has made some people think up of all sorts of bizarre get-rich-quick schemes. Otherwise, how do you explain a situation where someone wants to give another $5,000 and expect $80,000 to $100,000 returns within two weeks! Or someone who puts in $7,000 into an affiliate programme he does not really understand or knows next to nothing about just because he is promised a monthly return of $3,500 for a year! These are life situations some of our students have told us they have undertaken in their bid to make quick money without being willing and ready to take genuine actions that will guarantee true success.

We just returned to our base after being away for 9 days attending a boot camp training in a city about 600 kilometres away from our home. Of course you can imagine the discomfort of being away from your home for 9 days and having to put up with somebody or in a hotel for that length of time in a city much bigger and busier than yours. But despite the discomfort, it was interesting to note that among the attendees (most of who also went through one form of discomfort or the other) four broad categories of people emerged as participants.

  1. Those that didn’t understand or make any head way with most of what was taught.
  2. Those that appeared to have understood but had no idea how to go to the next level to actually take action to succeed with what they had learnt.
  3. Those that understood but would definitely not take action to succeed because what they had learnt may require extra effort and sacrifice to accomplish.
  4. Those that understood and know precisely what actions to take to succeed with the information they had been stuffed with.

So, despite all the hassle, expenses and discomfort involved to be at the boot camp, the foregoing shows that at the end of the training, not all the attendees were ready to move to the next level where they would have to go beyond theory and actually take action to succeed. Pause a moment and ask yourself where you would fall into were you at that training. We suspect that you may quickly say you would be in the group of those ready to take action. If so, congrats because that is the beginning of the race!

The truth however, is that for you to actually move to the level where you are ready to take action to succeed in life, you must be willing and ready to invest in your self first. How do you do this? The first step is as described above i.e. acquiring requisite knowledge through attending seminars and trainings relevant to your niche. Thereafter, you must take the next step which is to conduct further research on the issues you want to further investigate. A simple way of researching topics is by using Google and Yahoo search engines on the internet. This is the taking action part because you can never be taught all you need to know in one training session. There is therefore the need to get thoroughly grounded on the subject of your interest if you want to achieve real success and not mere mediocrity. Remember that ignorance is a big disease that will only result in you making avoidable mistakes.

Again, if you truly desire to succeed in life, you should first choose one thing, focus on it and make a great success out of it. Focus on something that you like doing and make the most of it. It is only when you have successfully mastered your chosen area that you should move to the next area of interest to you and attempt making the same or a better success of it. Remember that it never pays to be Jack of all trades and master of none.

To begin to achieve success on a daily basis, it is recommended that you draw up a daily Take Action To Succeed list that outlines the activities you need to follow each day. After drawing up the list, ensure you follow them. You cannot be said to be taking action if you can’t discipline yourself enough to follow your own list! We have employed this method and noticed that adhering to it greatly enables us achieve much more of our daily goals.

Do you have a mentor? Why did you choose that particular person as a mentor? What successful actions do you see him/her do? You will only succeed when you emulate him/her by actually taking action with success as your goal.

Success requires that you persist in taking action. Do not be afraid of making mistakes because as a renowned writer said a life spent making mistakes is better than one spent doing nothing.

Finally, always remember that the only thing that guarantees success is taking action on what you know and not merely knowing what you know. So, begin to take action to succeed in life today and you will truly succeed.

We remain deeply committed to your success.

ChrisVidal

Do You Know That Giving Unlocks The Gates Of Wealth ?

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Hello friends, you would notice that we have not posted any new content to this blog in the past couple of days. This is not because we are not ready to serve you your usual spicy and hot postings. It’s just that we have been away equipping ourselves to serve you even better dishes. Yes, you guessed right, we have been undergoing a one week training on ‘Demystifying the Internet’ some 600 kilometres away from our base. In fact, we are still at the training but we felt we should not starve you for so long and that is why we just had to make out time to drop these few words.

Our beliefs contribute in no small way to the wealth we attract to our lives. From childhood in most climes and cultures, there are all kinds of myths associated with being wealthy. Some believe God has not designed it for all to be wealthy. For others the root of all evil is money while others believe that not every one can be rich so why try?  Some others believe money is meant to be spent to satisfy their desires ( in other words, live for today as tomorrow would take care of itself). In the same vein, people in some climes are taught to hold tightly to what they have, never giving. Most times people hold tight to things even when such things have outlived their usefulness. People give out only what they obviously do not need or things that are not usable by them any more. Are all these beliefs true or false?

There is a universally accepted principle that givers never lack and lackers never give. If one does not learn or cultivate the culture of giving right from an early age, a principle of lack is unconsciously unleashed. It should be noted that in order for one to receive, one must learn to have an open fist because when your fist is clenched, you receive nothing. There is this story told of a man who fell into a water well and all efforts to take him out of the well by neighbours yielded  no results. This was simply because he had been urged by his neighbours to stretch out his hand to enable them pull him out but he refused to do so. When his wife was contacted, she told them that they obviously did know her husband. She then told them that they should follow her to the scene and watch what she was going to do. On getting to the well, she called out to her husband saying John Darling, please TAKE this rope’. John there and then immediately reached out and took hold of the rope.  What does this tell us? John only knew how to receive but not give. He refused to stretch his hand when he was asked to do so even at the risk of loosing his life. What about you?

Are you like John? Are you in the habit of only receiving but never giving? If you are, it is time you began changing. It is time you began giving for that is a major key that unlocks the universal principle of receiving. It is clear that the more you give, the more you are likely to receive. You will be successful when you start obeying this principle. Today, America is one of the richest nations on earth. One of the reasons for this is that young Americans are taught the art of giving right from childhood and they grow up with the giving culture. No wonder, America is today what it is!

It is by giving that you attract more to yourself. The Christian Holy Book says ‘… give and it shall be given unto you, good measure pressed down, shaken together and running over shall men give unto your bosom. The plain truth is that if you do not cultivate the habit of giving hardly would anyone give to you either. In a nutshell, you’ve got to learn to give, have an open heart and be willing to invest in others around you in order to attract wealth to yourself. Whatever your goal might be, you would only achieve it faster when you’re willing to give to others. This will bring into your life other people that are willing to also give to  you to enable you achieve success. Note that giving here does not mean senseless giving or the giving of money only. Neither does receiving mean the same.

Our Dear friends cultivate the culture of giving: to the poor and needy, to the less privileged, to charity, giving of offerings and tithes, and see how money would fly to you.

Give it a trial, TAKE ACTION TODAY!

We remain deeply committed to your success,

ChrisVidal


 

Do You Know That Your Friends Could Set You on the Path of Wealth or Poverty?

Wealth Tips 1 Comment »

There is one thing we must all accept which is that we are responsible for most of our circumstances. We must recognize our responsibility to make things happen or not happen. We must learn not to pass the buck for our situation in life. This is not to say that we are always and solely responsible for our circumstance but the truth is that we are largely responsible! If this is the case, it then follows that we are responsible for the friends we keep and consequently, the influence they have on us.

A friend according to the Encyclopedia of English Language is someone on terms of affection and regard for another who is neither relative nor lover, someone who freely supports and helps out of good will. According to Henry Ford a friend (and we add ‘a true friend’) is anyone who brings out the best in you.

What is that one thing you have defined as supremely important in your life and how do the friends you keep help you achieve it?

If you really want to succeed in life you need to take a second look at the kind of people in whose company you are regularly found. Are they the type of people that add value to your life or detract from you? Would they assist you climb the highest mountain or lead you to nose dive into the deepest ocean? If you want to unlock your hidden potentials, John C. Maxwell said, spend your time with people who will speed you up. Find someone who thinks faster, runs faster, aims higher. Those are the people who will lift you up.

Friends that would bring out the best in you would have the following qualities among others:

  • Fear of God because that is the beginning of wisdom
  • Believe in you and your vision. Mark Twain said keep away from people who belittle your ambitions. Small people always do that, but the really great make you feel that you too can become great.
  • Enhance your area of time management. If all they do is help you spend your time doing unproductive things, we tell you, you can do without such friends.
  • Positive speech with financial literacy
  • Be a good listener
  • Have an investment mentality. They focus on investment and not income.
  • Not complainers or destructive critics.
  • Be ready to pay the price to get what they want.
  • Be ready to take their destiny into their hands.
  • Live within their means and not perennial borrowers.

If you truly want to have a more fulfilling life and to attain financial freedom fast you should seriously take a closer look at your friends and be willing to change some or all of them if need be. Do not leave relationships whether casual or serious to mere chance. If you are still unmarried, the type of person you marry should be of critical importance to you. This is simply due to the fact that such a person may make or mar you – for life. Remember that the type of opportunities that come your way depends on whom you associate with. According to Brian Tracy the direction of your life will be changed by a simple comment, a piece of advice, or a single action by one person. Have a mentor. A mentor is someone who has already done what you want to do and is successful at doing it. From the mentor you learn their mistakes and determine not to make them while striving to move up faster with lesser mistakes.

How do you begin to cultivate the friendship of the right kind of people?

  • Start by becoming a better person because you can only attract to yourself those that are like you. Swami Chinmayananda said a true friend is discovered not by searching outside for a right person to befriend, but by growing to be a right person to deserve a friend. So start with yourself. What kind of person are you and would others pick you as a true friend that would bring out the best in them? Brian Tracy said the quality and quantity of your relationship with other people will determine your success as much or more than any other factor. His law of relationships explains that relationships are essential; the more people who know you and think of you in a positive way, the more opportunities you will have to achieve your goals. It is believed that you inevitably attract into your life the people and circumstances in harmony with your dominant thoughts. So what kind of person are you?
  • Get involved in what is happening in your community. This way you get to know more people. Look for opportunities where you can give a helping hand.
  • Be generous and helpful in all you do. Look for ways to do things for others without counting cost or returns.
  • Join Organizations and Associations that have the kind of people you want to associate with.
  • Learn to refer business to others. Remember the law that says do unto others what you would want them to do to you.

Note that at virtually every point in your life, someone is standing there to either help you or hinder you. Successful people (of which you want to be) make a habit of building and maintaining a network of high – quality relationships throughout their lives. Why don’t you start building and maintaining such a network?

Now is the time to go and TAKE the required ACTION. Check your friends and begin to TAKE ACTION TODAY by eliminating the unnecessary ones. As Baron de Rothschild said, make no useless acquaintances!

As always, we remain deeply committed to your success,

ChrisVidal

What is The Secret in The Richest Man In Babylon?

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The Richest Man in Babylon is a book written in the 1920s by George S. Clason which has been and is still being read around the globe. It has been rewritten by Fred Siegel as The Richest Man in Babylon for Today. It was the book that opened our eyes and caused dramatic changes in our lives. It is said that over two million copies have been sold. Some people (like us) just read it in this 21st century and it has had tremendous impact in their lives while there are those who read it over twenty years ago and yet there is no visible change in their present situation in life. Why this difference?

As in every thing in life, for there to be a change there must be a reaction to something or someone. So what is that something in The Richest Man in Babylon that seems to work for some and yet remain inactive for others?

It is simple and it is its simplicity that causes it to be missed by many. The secret is to ensure that no matter what your situation is, you strive to put aside at least 10% of your income to invest in something that would yield more money. If however, you’ve read the book but have no means of livelihood it would mean you would have to start doing something that would bring income into your hands and then begin to set aside at least 10% of it to invest in other worthwhile ventures that would not involve you physically working to produce the increase desired. Today such worthwhile ventures would include investing in the stock markets, mutual funds, treasury bills etc.

Definitely The Richest Man in Babylon would not work for you if:

 

  • After reading the book, you make no attempts to get something doing that would bring income into your hands and pockets.
  • You do not make attempts to increase your earning potentials either from what you are doing or through multiple streams of income so that you can be able to save for investment purposes and your retirement.
  • You do not believe in delaying gratification and as a result you keep getting into debts to meet every one of your desires.
  • You do not believe that it is possible to live within the remaining portion of your income after removing the 10%.
  • You believe that giving the present economic conditions of your country and the many responsibilities you have, it would be impossible to achieve what the book is advocating.
  • You do not believe in spending money for your personal development like buying and reading books on financial literacy and investment and also attending seminars and workshops and trainings on financial literacy.
  • You believe in living in competition with your friends, peers, extended family members, neighbours etc.
  • You believe someone or unseen forces are against your financial progress and there is nothing you can do about it.
  • You strongly believe that it is God only that destines what any body will be in this life and so if you are poor, it means that is your destiny and there is absolutely nothing you can do about it so, why try?
  • You believe that since those who are wealthy were destined by God to be so, they should compulsorily share their wealth with those of you not destined to be wealthy.
  • You believe that it is sin to be wealthy.
  • You are simply lazy and unwilling to face the challenges of life.
  • You believe that being a devout Christian, you should have nothing to do with anything that has to do with Babylon since Babylon is said to be a symbol of sin in the Bible.

There is great truth in The Richest Man in Babylon and as we stated earlier, it was after reading the book that we took the recommended steps which positively turned our financial situation around. All it takes is applying the principle and you would be amazed at how simply putting aside a little and sending it to work for you while disciplining yourself to live within the remaining portion of your income and staying out of debts can work magic for you. You can also order for our e-books: AFTER GOD ME! and THE ANT AND ME which deal extensively on these principles by clicking here.

TAKE ACTION today and come and share with us the changes you notice.

We remain deeply committed to your success,

chrisvidal

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