Take Action To Succeed

There are a lot of people that work real hard and yet remain poor. Some years back we engaged in different types of businesses in addition to our professional practice to increase our income. We have at various times gone into restaurant business, land agency, buying and selling second hand clothing, making and selling chin-chin ( a snack), buying grains when in season and selling when out of season etc. We could not have been described as being lazy since we were always up and about doing every thing legitimate to become wealthy but yet there was no drastic, visible change in our lives. Alas, we realized that hard work on its own can never make anyone wealthy. We realized that for hard work to take you out of poverty, you also need to do the following:

• Change your belief system: What you believe goes a long way in shaping who you are. If you believe that not every one can be wealthy of course you would accept it particularly if you are not wealthy. Do you believe you can only be wealthy if God says so? If you do, you would accept your poor situation to mean God has not counted you worthy to be among those to be wealthy. If you believe that having a lot of money is bad or can lead you to sin, in your subconscious you would not want to have a lot of money. So ask yourself what your beliefs are in respect of money or wealth. If they are negative, no matter the hard work you do, you are likely to remain where you are.

• Have habits that are compatible with creating wealth: Do you buy on impulse? Such a habit makes you waste money on unneeded items. Do you have the habit of taking a coke with every meal or a bottle of beer every day? Well if you are still struggling to make money and you have this habit then know that you are spending N54,000 every year to keep this habit which if invested could yield you hundreds of thousands of Naira in a few years. So, which damaging habits do you have? List them and start working on getting rid of them if you want your hard work to make any positive impact in your life.

• Pay yourself: From all the money you make from your hard work or salary, do you really pay yourself? Paying yourself means regularly and consistently setting aside a part of your income for investment purposes. A minimum of 10% of your income is recommended. This money is not for the rainy day. It is for investment purposes only.

• Send your money to work for you: For hard work to yield wealth, you must send the money you pay yourself to work for you. How? You invest the money in money yielding activities. Read our last post on: Must I Have a Multiple Stream of Income To Succeed in Life?

• Delay gratification: Avoid the temptation to satisfy your every wish and desire today. Delay them so that you could have much more fun later. Why buy a brand new car today just because for the first time in your life you made Four Million Naira? Why not send that money to work for you first and when it has given birth to several children and grand children, you can not only buy as many new cars as you desire but live like the King you’ve always desired to live like?

Start applying the above principles as you work hard and see yourself on the path to creating real wealth.

We remain deeply committed to your success,

chrisvidal