15 Habits That Will Make You Wealthy

Most people in the world are not wealthy. It is said that 96% of the wealth in the world is created by 1% of the population. When you look at this statistic, what do you see? I see opportunities. We live in an unlimited universe. Each one of us can create wealth. You can increase your wealth by changing your thoughts and developing new habits. Below are 15 habits that will make you wealthy.

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15 Habits Of The Wealthy

What is wealth? Wealth is an abundance of valuable material possessions or resources. Wealth is subjective. What you consider wealth could be different from what I do. Is it a certain amount of money? For some, the answer is yes. For me, I relate wealth to being financially independent.

Financial independence means the following three things in my mind. First, it means time. You no longer trade time for money. You can now spend more time doing the things you love. We all have the same amount of time each day, 1440 minutes. How do you spend yours? Second, it creates options. You are no longer limited to doing things based on price. Eat at the most expensive restaurants and order what you want. Finally, financial independence means peace. Unexpected situations will arise in life. If money is not a problem, these situations are easier to manage.

Wealth Mindset

What is the difference between people with wealth and others? It comes down to one thing, your mindset. Do you have a wealth mindset or a poverty mindset? Begin to cultivate a money mindset. To do that, you must change and become a different person. You have to leave the old you behind. Create thoughts seeing how you want to live in the future. Visualize these thoughts. Your thoughts will become your reality. Eliminate negativity from your life and create new habits.

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15 Habits

Here are 15 habits that will make you wealthy:

  1. They always have a vision. They know what they want and visualize it daily. Their definite purpose is always on their mind.
  2. The wealthy do not work for money. They have learned how to make money work for them. Trading time for money will provide you with a good life but not a great one.
  3. They eat healthy & exercise. Taking care of their bodies gives them more energy to be productive.
  4. Wealthy individuals live in the future. They know that their current thoughts will become their reality. It doesn’t matter where you came from; it’s where you’re going.
  5. Rich people are not afraid to fail. Failure is part of the process of becoming wealthy. They learn from their failures until they succeed.
  6. They wake up early. This gives them time to think and meditate. It prepares their mind for the challenges of the day.
  7. Wealthy people give thanks every day. They show gratitude for what they have and realize it can be taken away.
  8. The rich don’t waste time with television or social media. They realize that the negativity that comes from all forms of media. 70% watch an hour or less a day.
  9. They love to read. The wealthy spend time every day reading and expanding their minds. Develop a habit of reading daily for self-improvement.
  10. The wealthy have mentors. They develop a mastermind group to help them gain knowledge that they don’t have.
  11. Goal setting is a priority. They set goals, develop a plan, and work towards accomplishing their goals.
  12. They eliminate negativity in their life. This includes thoughts, habits, and/or people. Hanging onto negative people gets you nowhere.
  13. Wealthy individuals are always learning. They learn how to manage their finances and daily lives. Most importantly, they learn how to market themselves.
  14. They believe in abundance. Our universe provides an unlimited supply for everyone. The wealthy have learned how to tap into that supply.
  15. They make each day productive and driven by results. So much of your day can be occupied by nonproductive activities. Wealthy people avoid them.

Are You Satisfied?

Men and women who are financially independent do things differently than those who aren’t. By creating the same habits in your life, you can begin to change. Your habits have gotten you to where you’re at right now. If you’re satisfied, keep doing what you’re doing. To improve your situation, begin filling your day with these 15 habits that will make you wealthy.

If this post is helpful to you in any way, please leave a comment and let me know your thoughts on it. If it wasn’t your cup of tea, let me know also. I’m always looking to improve, and your comments help.

What Action Can Do For You

All right, you have decided to become the person others want to be. You’ve taken that first step on your journey. Your goals are made, and you have written a detailed plan for accomplishing them. Now what? How are you going to get to that finish line? You see, it’s all a waste of time and energy if you don’t begin to do the work. You have to crack that egg to make your omelet. Congratulations! It’s time to take that first step on your journey to a new you. See what Action can do for you.

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What Action Can Do For You Episode 8

This step is the most important, ACTION. Once you have made your decision to accomplish anything, 50% of the work is finished. Congratulations once again; you are already halfway there. The other 50% comes from the action of getting it done.

It’s great that you have set your goals, written a good plan, and are ready to change. Unfortunately, nothing will change without ACTION. You must do the work. This step is what stops most people. They are unwilling to do the work and make sacrifices. It is why only 1% of people succeed. You are not like most people. It is inside you to get moving and take that step.

A Smal Change

A small change in your thought process can result in a large change in your lifestyle. That change is called ACTION. Inaction creates procrastination. Why do you procrastinate?

Your comfort zone is too comfortable.

You have a fear of failure.

You have a fear of success.

Moving out of your comfort zone is difficult. It’s called a comfort zone for a reason; it’s comfortable. You do not like to be uncomfortable, no one does. But it’s necessary for change.

Fear Of Failure

Whenever you decide to do anything significant, like change, you experience a fear of failure. It is common. Those annoying little Doubt Demons will come out of hiding, repeating those thoughts of failure. “What if I fail? What will people say?”

Fear Of Success

Procrastination also comes from a fear of success. Many people do not see themselves as being successful. What will happen in your life if you succeed in accomplishing your goal? How will your life change? If your business becomes successful, how will that impact your time? Your family? You will have to deal with these fears before you can take that first step.

Other reasons for inaction and procrastination can be:

Your goal is overwhelming.

It’s too complicated.

The timing isn’t right.

Overwhelming Goals

Goals can be overwhelming. Think about if your goal is to become a published author. The thought of coming up with an exciting plot and intriguing characters that keep the readers engaged is overwhelming. Writing 50,000 to 100,000 words can be staggering.

When you start on a new journey, there can be a learning curve. Your goal can seem too complicated. If you decide to start a new business, you might not know what it takes to run a business. You will have to spend a lot of time studying and learning.

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Timing

Probably the greatest cause of procrastination is timing. You want to change your life, but today is not the best day to start. You don’t feel prepared. Equipment needs to be bought. You need to read How to Books. If you decide to begin an exercise program to lose weight. Procrastination sets in because you don’t have the right clothes.

I’m here to tell you that all the reasons outlined above are one thing. EXCUSES! They all stink.

One Way

There is one way to overcome procrastination which is created by inaction, and you know what it is. ACTION! When you take that first step and put your plan to action, it does some marvelous things to your mindset.

It conquers your fears.

Provides you with the knowledge of how you’re going to accomplish your goal.

K. I. S. S. Things become simpler.

You will eliminate all excuses.

It will ignite a passion within you.

Stepping out of your comfort zone will become tolerable.

You will learn how to embrace failure.

Action will chase those Doubt Demons back into their hiding place. You will be able to control and conquer all your fears.

Your Why

Focusing on your WHY will keep you from worrying about how you’re going to accomplish your goals. You will learn new things and techniques to put your plan into motion.

Your mind will take your overwhelming goal and break it down. You will look at your project in smaller, more manageable bits. How do you eat an elephant? One bite at a time.

All the excuses that caused you to procrastinate will become trivial. With ACTION, you will begin to eliminate your excuses one by one. Pretty soon, they will be all gone.

The greatest reward of taking the first step in putting your plan into ACTION is passion. It will ignite a passion within you to achieve your goal. Once you have lit this passion, you become unstoppable.

Stretch Your Comfort Zone

Stepping out of your comfort zone is hard. Possibly, one of the hardest things you do. Once you are out, you realize that you can survive. Even though it might not be comfortable taking ACTION, you find that it is tolerable.

Failure

Failure is going to happen. Anyone who has ever accomplished anything has had many failures along the way. The reason that they were successful was that they persevered. You are going to have failures and setbacks along the way. Embrace your failures, do not hide from them. Do not use them as an excuse to quit. Once you fail, you are closer to success. They are just steppingstones along the way.

Do you find it difficult to get started when you decide to begin a journey to change? Are you a victim of procrastination? Have you found that just doing something without thinking about it is easier for you? Do you have a story on how you defeated procrastination with action? If so, I would love to hear about it. If you have not joined my email list yet, click on the blue-button above. You will be able to receive my newsletters, e-book, courses, etc. You can find everything you need to grow your self-confidence.

Qualities Of A Good Leader

Some people follow, others just get in the way, but leaders lead. No mission is accomplished without good leaders and leadership. Being a good leader is not easy. It is not for the faint of heart. Good leaders are few and far between. Many people are referred to as leaders yet exhibit no qualities of a good leader.

The supreme quality of leadership is unquestionably integrity. Without it, no real success is possible, no matter whether it is on a section gang, a football field, in an army, or in an office.
~ Dwight D. Eisenhower

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Don’t follow the crowd. Let the crowd follow you.
~ Margaret Thatcher

Leadership is a choice, not a position.
~ Stephen Covey

Good Leader Qualities

You can be called a leader, but holding a title does not necessarily make you a good leader. A good leader is someone people will follow. They will perform above their abilities for that leader. Good leaders get subordinates to be better than their skill level. They build belief in people. If subordinates believe in their leader, they will begin to believe in their selves. Below are five qualities of a good leader.

  1. Humility
  2. Integrity
  3. Intelligence
  4. Innovation
  5. Decisive

The greatest leader is not necessarily the one who does the greatest things. He is the one that gets the people to do the greatest things.
~ Ronald Reagan

Good Leaders Are Humble

One of the first things I was taught, when I was training to be a military officer was to be humble. You have to take care of the troops. A good leader ensures that they take care of their subordinates. When addressing subordinates outside, the leader should always face the sun. A good leader is always first to arrive and the last to leave. They make sure all the subordinates’ needs are taken care of. Then they can take care of themselves.

Being a good listener is absolutely critical to being a good leader; you have to listen to the people who are on the front line.
~ Richard Branson

Management is doing things right; leadership is doing the right thing.
~ Peter F. Drucker

Honesty

Another quality of a good leader is honesty and integrity. Lead by example and always do the right thing. The good leader stands up for what they believe. Telling the truth, no matter how dire the situation is, is paramount. I had a great leader tell me once, “Bad news never gets better with age.”

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Leadership is solving problems. The day soldiers stop bringing you their problems is the day you have stopped leading them. They have either lost confidence that you can help or conclude you do not care. Either case is a failure of leadership.
~ Colin Powell

Educate

All good leaders are intelligent. They continue to read and educate themselves. Leaders are readers, and readers are leaders. A good leader develops his/her subordinates. They make sure the subordinates are prepared for the job, mission, etc. Even though it might be easier to perform a task themselves, they will delegate parts of the task to others. The delegation of tasks will develop leadership in others.

If you want to improve the organization, you have to improve yourself, and the organization gets pulled up with you.
~ Indra Nooyi

Thinkers

Good leaders are innovative; they think outside the box. They keep an open mind and are always welcome to new ideas. The old ways of accomplishing the mission are not necessarily the best. They understand this concept. Leaders actively listen to everyone on their team.

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
~ Jack Welch

Never Waver

A good leader is always decisive. They never want to leave their team in limbo. They always make a decision even if it’s not a popular choice. Leaders listen to different ideas from their team and then make the final decision. The decision is always based on what is best for the group as a whole. Not all decisions are the right ones. If their decision was wrong and they take responsibility. They regroup, reevaluate, and make another decision. They always learn from their failures.

Great leaders can see the greatness in others when they can’t see it themselves and lead them to their highest potential they don’t even know.
~ Roy T. Bennett

These are only five qualities of a good leader. There are many more qualities of true leadership. If you would like to add a quality you admire, please do so in the comments section. If you enjoyed this post, don’t forget to like and follow my blog. I appreciate everyone who takes the time to read my articles.

Cites

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Conduct A SWOT Self-Analysis

I wrote this post back in December as we were closing out 2020. December is a great time to conduct an end-of-year SWOT (Strengths, Weaknesses, Opportunities, Threats) self-analysis. Truthfully, you can do a SWOT self-analysis at any time of the year, you don’t have to wait until December. Doing them quarterly is a great idea. Right now is a great time to do an end-of-year self-analysis.

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Conduct A SWOT Self-Analysis Frequently

I am going to give you a few ways to conduct a SWOT self-analysis. I conduct a SWOT self-analysis to take an inventory of my life. Looking at different aspects of my life to see where I became better, stayed the same, and where I’m worse off. Some of the areas that I look at are my goals, my plan, my education, and my expenses. In each area, I evaluate my strengths, weaknesses, opportunities, and threats.

Your Goals

Since our goals are simply what we want they are easy to analyze. Did I accomplish them or not? Doing a SWOT self-analysis of your goals is crucial to set goals for next year. I break down my goals to make sure they were specific, measurable, attainable, relevant, and time-bounded. If I accomplish my goals easily, I know I need to set more challenging ones for next year. If I did not accomplish my goals, I want to find out why. Maybe I overestimated my abilities and set unattainable goals.

Your Plan

The next thing I do when conducting SWOT self-analysis is going over my plan. Accomplishing the goals I set for myself all depends on my plan. If the plan I had didn’t succeed then I need to change my plan. By analyzing my plan I don’t waste time doing things that didn’t achieve the results I expected. Achieving great results means my plan is working so I continue with the plan. If it ain’t broke don’t fix it.

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Education

I always like to go over my education. I look at courses I purchased, books I read, and people I listened to. Writing down what I learned, if anything, from these different educational tools, helps me to see if I’m on the right path. You can analyze what you learned about yourself, your business/career, and your relationship.

For me, education is important and I never want to stop learning. This analysis of my education also helps me to analyze my goals. For example, if I didn’t achieve a goal in my business but I learned some new marketing tactics then I know I’m on the right track. If you are failing, don’t beat yourself up. As long as you are learning and doing you’re on the right track. Everything you’ve done in the past is like sowing seeds that will begin to sprout soon.

Expenses

Finally, I analyze my expenses. I want to see where my money is going. Am I investing my money or spending my money? For my business, some of the things I look at are courses I purchased, marketing expenses, as well as apps and plug-ins. I want to see if they were worth it or not. By conducting this analysis of my expenses I get a good indication of my return on investment. I can then determine what expenses I cut and what I continue for next year.

Decide today where you want to be this time next year. Conduct a self-analysis and put together a winning plan for next year. Commit to working on this plan every day and you will be a different person a year from now

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SMART Goals And Mistakes To Avoid

This is Episode 49, SMART Goals And Mistakes To Avoid. In this episode, I provide a technique to use when setting your goals. It is important to properly set goals so they work. In contrast, I talk about mistakes to avoid when setting your goals.

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Setting SMART Goals And Avoiding Mistakes

In December, I wrote a post wrapping up 2020 and getting ready for 2021. Last week di a podcast about five things to change in 2021. Today is a great time to ask yourself, “Am I where I thought I would be this time last year?” If your answer is, “No,” then now is a great time to see what went wrong. Think about where you want to be a year from now and what you want to accomplish. Today is the time to start setting goals for the next year and beyond.

I’ve written a few posts about goals and as always, I like to keep things simple. Goals are simply something that you want. Think about what you want, write it down, put a date on it, and that’s a goal. They’re your roadmap that will keep you on track and get you to your destination.

Mistakes To Avoid

Many people have goals but never accomplish them. There are several reasons for failing to accomplish what you set out to do. Firstly, you fail because you don’t commit to achieving your goals. Secondly, you don’t have a good plan. Third, you don’t put in the work. There is nothing free in this world, you must put in the work. Fourth, you don’t know how to properly set goals.

One of the mistakes you make when setting goals is your goals are too general. They don’t have an end date for them. Your goals can’t be measured so you cannot tell if you’re on track. One of the biggest mistakes is they didn’t write them down. An example of a poorly designed goal is, “I have a goal to read more next year.” This is too general; it is not specified what you will read or how much.

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SMART

One of the techniques I talk about in my course, Setting Goals That Work, is using the acronym SMART. In conducting research I found that some people like using this approach and others don’t. I believe there is no one cure for everything. Find what works for you and use it.

  • S – Specific
  • M – Measurable
  • A – Achievable
  • R – Relevant
  • T – Time Bounded

Using the example above, a properly set goal will read like this, “I will read 24 Self-Improvement books by 12/31/2021.

  • Specific – It Specifies exactly what you’re going to read, Self-Improvement books.
  • Measurable – You’re going to read 24 books.
  • Achievable – If every book averages 400 pages then you would need to read 27 pages per day. This is very achievable.
  • Relevant – If you are looking for self-improvement then this is a relevant goal.
  • Time Bounded – There is an end date, 12/31/2021 attached to the goal.

Break Them Down

You can also break this yearly goal into smaller goals. Write down how many books you would want to read every month. Set a weekly goal of how many pages or chapters you will read. Also, set daily goals of reading for a specific time or number of pages. This will keep you on track and you will be able to see how you are progressing toward your yearly goal.

This SMART technique can be utilized in setting different types of goals. I always set three types of goals, personal, business, and relationship. You can set goals for wealth building, your health, and improving your relationships.

Develop A Plan

Once your goals are set, the next step is to develop a plan to achieve your goals. Set up a time frame of when you want to check your progress and analyze your plan. If you find yourself off-track and not making the progress you expected, change your plan but never change your goal. I hope you enjoyed this latest episode of my podcast and learned about SMART goals and mistakes to avoid.

If anyone has any tips or techniques on setting goals or stories on how goals have worked for you, I would love to hear them in the comments section. Don’t forget to like, follow, and join our team by subscribing to the email list.

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Kalpana Chawla Dared To Dream

My wife and I were watching the SpaceX rocket launch last week and it reminded me of a post I wrote about Kalpana Chawla. Kalpana inspires me because she is an example of making dreams come true by her thoughts. She accomplished much in her short life. Today, millions of people are inspired because Kalpana Chawla dared to dream.

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I’ve always been interested in space travel. I watch every launch I can. I remember watching the first astronauts launch in the 60s and continue to watch the SpaceX launches. My first recollection of seeing Kalpana Chawla was when she was a member of mission STS-107 and was about to board the space shuttle Columbia on January 16, 2003. Kalpana stood out to me as the seven Columbia crew members were shown walking to their vehicles. She appeared too young and small to be an astronaut. How she carried herself with such confidence was what stood out to me.

Kalpana Chawla

Kalpana Chawla was born July 1, 1961, in Karnal, India. She always enjoyed flying and held many pilot licenses. She could fly about any airplane. Her family was middle class and she graduated from high school in 1976. After graduating from high school, she found herself as the only female in the aeronautics batch at Punjab University. Her parents resisted her career choice but nothing could stop Kalpana.

Kalpana Chawla dared to dream and always had big dreams. Her dreams were to travel beyond the blue yonder, fly into the heavens, and touch the stars someday. She became the first female Indian-born NASA astronaut. Kalpana wanted to show the world that dreams do come true with hard work and patience. She said, “You can achieve what you dream with strength, endurance, willpower, and confidence. She was 1 of 2000 applicants for a civilian scientist’s position on Columbia’s voyage.

Kalpana’s Thoughts Became Her Reality

When she was living in the dorms while studying for her bachelor’s, master’s, and doctorate degrees, she had pictures of space shuttles taped to her walls. She didn’t think at the time she was putting them up that one day she would fly on one. When I read about this it didn’t surprise me because what you look at every day becomes your thoughts in your subconscious. Your thoughts turn into your reality.

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Kalpana is a great example that we can become anything we want to if we put our mind to it. She dreamed of flying to the stars, surrounded herself with pictures of the space shuttle, which became her thoughts. Her thoughts directed her actions and interactions became reality. She set goals to keep her on track and enjoyed the journey. Her thoughts on goals were, “When you are going for a goal, the journey is the best part.”

Heading Into Space

Kalpana’s first opportunity to travel beyond the blue yonder and fly into the heavens came when she was selected to be part of the crew on mission STS-87 in November 1997. She flew on the space shuttle Columbia as they completed 252 orbits of the earth in just over two weeks. In 2000, she was selected for her second voyage on Columbia as a mission specialist on STS-107. Because of many delays they didn’t launch until January 16, 2003. It was an ill-fated launch due to a piece of foam that broke off and damaged the heat tiles on the spacecraft wing.

On February 1, 2003, I was running on a treadmill at my gym and turned on the TV to watch Columbia land. They showed maps of the flight path Columbia would take to land at Kennedy Space Center. I began reading at the bottom of the screen that they had lost communication. The next images were from cameras in Texas and showed fiery streaks in the sky. I realized at that moment that Columbia had broken up in the crew had perished. It was a sad day for the world and particularly the country of India.

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Women’s Struggles In India

Kalpana Chawla had accomplished much while growing up in a male-dominated society and country. In the 1970s and 1980s, women in India were fighting battles against:

            – Dowry

            – Rape

            – Caste Crimes

            – Unjust Laws

            – Better Working Conditions

            – and more.

My admiration for Kalpana Chawla comes from the fact that she would not let anything stop her from her dreams. She had a definite purpose and persevered to achieve her dreams. For millions of young Indians, she was inspirational. Kalpana Chawla dared to dream. She gave them hope that they could dream and work hard to achieve those dreams.

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How To Overcome Distractions

Before I get started, I wanted to thank everyone that reads, listens, and follows my site. I am very humbled by your support. This is Episode 39 and I want to talk about how to overcome distractions. Life hit me hard one-day several months ago and I lost that battle. I have a lot of people both in-person and on WordPress who tell me they frequently experience similar events in their life. Therefore, I wanted to share what happened and how I dealt with it.

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Overcoming Distractions

I woke up at my usual time, around 4 a.m., and after completing my daily routine of meditation and prayer, I went out for a walk. I had a lot of energy and had a great workout. My day started like every other day and I was feeling very energetic. I had planned to go film a short course on self-confidence that I’m putting together. I packed up all my gear and right before I was heading out, I noticed that I had rehearsed the wrong introduction.

That didn’t bother me, as I told myself I would just spend the day rehearsing and go film the next day. Around noon something very strange happened. I became extremely fatigued and felt like I wanted to go to sleep. There was no reason that I could think of for me to feel this way. I fought it off for a while and then quickly realized I was losing the battle, so I laid down and took a nap.

The Distraction of Fatigue

Three hours later, I woke up and still felt extremely tired. Therefore, I couldn’t focus on anything and just felt like going back to sleep. I just laid in bed until dinner. After that, I went back and laid down. I went to sleep at my normal time, around 9:30 or 10, after giving thanks for my day and the day to come.

When I awoke today, I was still tired and stayed in bed until 7:00. As I was going through my morning routine, I realized what was happening. You see, I believe that we are constantly in a war between two opposing forces. Call it what you will, light versus darkness, Ying versus Yang, God versus Satan, it comes down to good versus evil. Whenever something good is about to happen in my life, I get hit with negativity.

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More Distractions To Overcome

As I was writing my blog post, my wife came in and told me that she couldn’t get the garage door closed. Now, I had to spend time in the stifling heat trying to fix it and if I can’t, pay someone to repair it.

Once I realized what’s happening I knew how to combat it. How to overcome distractions is easy, I stick to my plan. I can control my plan, what I do today. I don’t waver from my plan or my daily goals. Some forces don’t want me to complete my course. I know that my course will help people and these forces who don’t want that to happen. Therefore they try to distract me from my definite purpose.

The Hardest Things

The things that are the hardest for me and I don’t look forward to doing are the things I need to do most. These are the things that are going to help me accomplish my goals. It is easy to get distracted and procrastinate when something is hard. I look at it like eating. The foods I don’t look forward to eating (vegetables) are the foods I need to eat the most of. Above all, they are the foods that are best for my body. So the battle continues, the dark side pulling you towards that tasty doughnut, and the light side showing you the broccoli.

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In conclusion, So whenever you find that negative things are going on in your life, it just means that great things are going to happen for you. Don’t be discouraged, you now know how to overcome distractions just stick to your plan, go over your goals, and continue your positive affirmations.

In addition, the next day I felt energetic and more like my old self. That day the battle was won by my enemy but the war is not over. Bring it on!

Cites

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Acquiring Power By The Mastermind Principle

I am continuing to talk about the book Think and Grow Rich by Napoleon Hill. Today I will discuss the ninth step, Power of the Mastermind, The Driving Force. Don’t try to accomplish anything great alone. Acquiring power by the Mastermind Principle will help you to attain your goals.

Do you need direction in your life? Are you uninspired and procrastinate? My course will show you how to properly set goals, This will change your life. Goals will put purpose back into your life.

The Power Of The Mastermind Principle

Power is essential for success. It can be defined in many different ways. One definition of power is; power is organized and directed knowledge. Napoleon Hill believed in acquiring power by the Mastermind Principle. This helps you gain the knowledge that you need for success. The sources of knowledge are:

1. Infinite Intelligence;

2. Accumulated Experience; and

3. Experiment and Research.

Infinite Intelligence comes from the universe. It allows you to use your creative imagination to gain knowledge. You can acquire this knowledge through meditation and prayer. Accumulated Experience comes from tapping into the knowledge that others have shared. This knowledge is contained in libraries, the Internet, etc. Experiments and Research are conducted to gain new knowledge. When knowledge is not available through an accumulated experience you can find it through experiment and research.

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Knowledge To Power By Masterminds

Knowledge is converted into power by organizing it into definite plans. You express those plans through action. Develop a burning desire for your definitive purpose. Create a plan to obtain it. Put your plans into motion through everyday action. Your knowledge becomes powerful. After that, more knowledge becomes available to you.

Hill describes the Mastermind as a “Coordination of knowledge and effort, in a spirit of harmony, between two or more people for the attainment of a definite purpose.” The Mastermind Principle has two characteristics:

1. Economic;

2. Psychic or Spiritual.

The Mastermind

The economic characteristic is simple and straightforward. It is economically advantageous to surround yourself with the advice and knowledge of other people. If you want to create wealth, get advice from a wealthy person.

The psychic or spiritual characteristic is more difficult to comprehend. When two minds come together a third force is created. This becomes like a third mind. A human mind is a form of energy. When two minds come together it forms an affinity or a marriage.

Energy

Energy is the building block of everything created. Nature can translate energy into matter. Matter is the physical substance that occupies space and possesses mass. This is distinct from mind and spirit.

As humans, we build through our thought process. By creating a Mastermind group our brains tap into more knowledge. Therefore, becoming more powerful. Think of your brain as a battery. A group of batteries is more powerful than one. Therefore, a group of brains creates more power than a single brain alone.

Henry Ford

A great example of acquiring power by the Mastermind Principle is Henry Ford. When Ford went into business, he was poor, illiterate, and ignorant. Despite this, within 10 years he had overcome all these shortcomings. 25 years after he started he became one of the richest men in America.

He became friends with Thomas Edison. After that, his business grew by leaps and bounds. His most outstanding accomplishments didn’t occur until after he met Henry Firestone, John Burroughs, and Luther Burbank. Henry Ford is a prime illustration of acquiring power by the Mastermind Principle.

Instructions

Throughout history, men and women have utilized the Mastermind Principle to increase the power of their minds and accomplish great things. If you don’t find yourself progressing in obtaining your goals look for someone to join you. Set a goal, develop a plan, and put action into your plan. Maintain harmony within your group and watch your progress grow.

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Cites

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“Power Of The Mastermind, The Driving Force” Think and Grow Rich: The Complete Classic Text, by Napoleon Hill, Jeremy P. Tarcher/Penguin, 2008, pp. 243-253.

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Why Setting Goals Is Important

Who actually writes down goals? Well, the best answer is, successful people. Did you know that 96% of all the wealth created in the world is created by 1% of the population? These are the people that are extremely successful in building businesses and making money. By comparison, I recently heard that only 1% of people actually write down their goals. One could deduct that the 1% who are writing down their goals are also the 1% creating 96% of the wealth. For example, in my post last week on becoming an expert, I listed some habits of successful people. One of those habits is that successful people are goal-oriented. This is a great reason why setting goals is important. Taking this all in, I think it’s time we started writing some goals.

Do you need direction in your life? Are you uninspired and procrastinate? My course will show you how to properly set goals and change your life. Goals will put purpose back into your life.

What Are Goals

What are goals? Simply put, goals are just things that you want. Decide on some things that you want and write them down. Now you have some goals. For example, you might want more money, a bigger house, or fame. Maybe you want a better relationship or actually be in a relationship. Whatever you want, write it down.

They must have an end date. By setting an end date, you will stay on track to accomplish them. It helps you do a little bit every day to keep moving forward. You will also be able to track your progress towards reaching your goal. For example, by December 31, 2020, I have earned $1,500,000 profit in my businesses. I can now see how close or far I am to accomplishing it. This allows me to look at my plan and see if it’s working.

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Methods

One method of staying on track with your goals is called, “The Seinfeld Method.” In this method, you get a large yearly calendar and hang it on a prominent wall. Establish your goal and your plan. Every day that you do something in your plan and work toward your goal, put a big red “X” on that date. The purpose is to establish a chain and never break the chain.

Another method is to put two jars on your desk. One jar is filled with marbles, paperclips, etc., and the other is empty. Every time you do something towards accomplishing your goal, move the object to the empty jar. This is a great method for accomplishing them. For example, A lot of salespeople use this method when they have a goal of making X amount of sales calls a day.

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The Person You Become

What I like most about setting goals and working towards obtaining them, is what I become from the process. Who will you become by focusing on your goals? What kind of person would you be after working on your plan? Like me, you will change. By focusing on them you will begin to get a direction in your life. It will give you a purpose and you will find you are better because of it. This to me is the most important aspect of goal setting, what you become, and another reason why setting goals is important.

Have you written your goals down and carry them with you? Do you have them written on the bathroom mirror?  Have you figured out why setting goals is important? Leave a comment below and let me know if you have any tips. Subscribe to my email list by clicking on the button above and receive my checklist to keep you moving forward in attaining your goals.

Developing A Mastermind Group With Specialized Knowledge

I’m continuing my posts based on the 13 steps for acquiring wealth. Napoleon Hill in his book, Think and Grow Rich, discussed the 13 common steps successful men used to acquire their wealth. Today, I’m going to talk about developing a mastermind group with specialized knowledge. This is the fourth step for acquiring wealth or in accomplishing your goals.

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Developing A Mastermind Group With Specialized Knowledge

There are two types of knowledge, general and specialized. General knowledge is of little use in accomplishing anything. It’s great to have, but it won’t get you anywhere towards accomplishing your goals. Specialized knowledge is organized and intelligently directed through practical plans of action. Knowledge is not power but only potential power. Knowledge becomes power when it’s organized and directed.

Education

Hill believed that our educational system is flawed. It gives students knowledge but never teaches them how to organize and use that knowledge. For example, many college graduates don’t work in their field of study. They spend four years gaining knowledge of which most is of little use to them.

Don’t get me wrong I’m not against education. I’m glad that I went to college and that my two daughters are currently attending universities. The knowledge that we learned has made us better people. That being said, the truth is, I was never taught how to use that knowledge to accomplish something.

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Specialized Knowledge

This is why it is important to develop a mastermind group with specialized knowledge. Most people have general knowledge and ideas. What they lack is the specialized knowledge to turn their idea into money. For example, an inventor knows how to build things but doesn’t know how to market or sell what they’ve built. They don’t know how to manage employees or of potential legal issues.

Mastermind Group

How can they overcome these obstacles and lack of knowledge? Form a mastermind group and bring in people with the specialized knowledge they lack. They can use that knowledge and organize it into a definite plan of action. Their next step is to go to work.

They can continue to add on to their mastermind group by finding others with specialized knowledge they can put to use. Successful people don’t stop acquiring specialized knowledge. I love to learn both general and specialized knowledge. Learning keeps me alive and I’ll only stop learning when I die.

Steps

To be successful in acquiring wealth or accomplishing a goal you need to:

  1. Form a team. Look for and find like-minded people with the specialized knowledge that you don’t have;
  2. Work together towards a definite purpose;
  3. Organize the specialized knowledge and put it to use;
  4. Form practical plans for accomplishing your definite purpose;
  5. Put action to your plans and work in harmony.

Follow the above steps and you will get closer to your goals every day.

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Final Thoughts

Developing a mastermind group with specialized knowledge is just one of the steps on your journey to success. Don’t try to take your journey alone. No one knows everything and successful people become so as a team. Write down the knowledge that you do not have and begin looking for people with specialized knowledge. Develop your mastermind group and go do something great.

Do you have a team you are working with? Do you believe that mastermind groups are necessary for success? Leave a comment below and let me know. If you enjoyed this don’t forget to like and follow.

Cites:

“Specialized Knowledge” Think and Grow Rich: The Complete Classic Text, by Napoleon Hill, Jeremy P. Tarcher/Penguin, 2008, pp. 91-112.