We all aspire and dream to be wealthy. A comfortable lie for us and those that matter to us would do us no harm at all. Many people have always wondered what it takes to make wealth and whether they really stand a chance at all. We have all read or heard about a rags to riches story at least once in our lives. Others have even witnessed it. It gives us all some encouragement that we all stand an equal chance of being wealthy if we really set our minds to it and find the right formula. So how does one go about it?
Well various books and documentaries have been written or made about it. There is a lot of opinion out there on how one could go about establishing wealth for themselves. The best literature is of course from people who have really done it. Having scoured through some of the books written by multi-billionaires, I have come up with a few tips that are common in all their success stories.
One, your world outlook or psychology towards money and wealth is the most important factor. If you look at the world with the mindset that money is hard to come by or that life is not that easy then you need to change your attitude. Start thinking like a wealthy man. The world is full of opportunities that are simply inexhaustible. Tune your mind towards seeking opportunity and your journey will have began.
Two, you need to be knowledgeable on financial matters like the economy, your own finances, the financial markets, interpreting financial statements and so forth. This will help you come up with strategies of wealth creation that most suit you. The world is abundant with opportunities and once you identify yours, knowledge of money matters will be essential to wealth creation.
Three, you need to come up with practical well thought out goals and a plan of achieving them. You would be amazed to find out what a tiny segment of the entire world population actually bothers to have goals and plans of attaining them. Compare the fraction of wealth generated by this tiny fraction against the rest of the world and is it any wonder we have so few wealthy people in the world?
Lastly, spring into action. Wealth Creation is a lot of hard work. This step of course needs little emphasis. Nothing is possible without action. Action will also help you identify your strong points and weak ones and how or where to concentrate your efforts. So start your journey today. These simple steps have been proven to be incontestable by the world’s wealthiest people. I have started mine.