Saturday, August 2, 2008

Secret O f Millionaire mind 2


wealth #6

admire the richs..like i always do.

wealth #7
associate w +ive peep

wealth #8


willing to promote urself. hv prob with this then u dun believe in ur product or urself,

leaders earn a heck of a lot more money than followers!


wealth #9

getting rich is not stroll in the park.

it is: journey full of twists, turns, detours, n obstacles. the road to wealth is fraught with traps n pitfalls, n
thats precisely y most peep dun take it.

they dont want the hassles, the headache, responsibilities. short:they dun want probs.

secret o success:
be bigger than prob. im
agine u grow urself to 8..n ur prob is 5.

If ur breathing, u will always hv so-called probs n obstacles in ur life. the size of problem is never the issues is the size of you.

rich peeps: don
t focus on the prob but on their goal.

bottom line: if u become MASTER at handling probs n overcoming obstacles, WAT can stop u from success? answer is nuthin.

n if nuthin can stop u, ur unstoppable..

n if unstopabble, anythin n everythin is available to u, all choices.

hows that for freedom!


wealth #10

rich peep are excellent receiver.

must be equal
give n take.

' if u r not willing to receive ..u ripping off those who wants to give to u.'

Nurture yourself. Remember, peep are creatures of HABITS, therefore u must consciously practice receiving the best life has to offer.


wealth #11

Rich peep get paid based on result not times...'overtime'..if not u killing ur wealth.

work that hv steady paycheck-tetiap bln masuk-'security'
'Living based on security is living in fear.'

I too encourage you to work 'for yourself.' start your own bussiness, work on commission, get a percentage of revenue or company profits, or get stock options. Whatever your vehicle, make certain you create a situation that allows you to get paid based on your results.

try network marketing company-or-commissioned salesperson.


wealth #12
Rich peep wants BOTH: career n famili, buss n fun, poor choose 1.

money is lubricant-u can slide throgh life easy.

alwAys think both...whatever alternatives presented..think how to hv both.



wealth #13

Rich peep focus on net worth not working income.

NET WORTH - financial value of everything u own.

add up everythin u own:
stocks, bonds, real estate, then tolak hutang ko = NET WORTH


working income penting gak sbb lead -------t0 net worth.
kene ada working income-savings-investment-simplification

page_140-141=sue story
:

beli umah 300ribu-jual 600ribu.


ACTION:
Focus on 4 net worth factor:

INCREASE ur income- ur savings- investment return- DECREASING ur cost of living by simplifying ur lifestyle.



wealth #14

To MASTER money-u must MANAGE money
mcm menabung la..everyday..in ur tabung.


MoneY attract MoneY!

--------buat beberapa account.-----------

buat 1 jar ffa(financial free account) at home.never to spent.



wealth #15
Read the book for better undestand 4 this chap.

let money work hard 4 u.
work smart..

First, you work hard for money, then you let your money work hard for you.

the goal is to live financially free ---- ability to life ur lifestyle whout rely on working for money.

In short, u become financial free when ur passive income exceeds ur expenses.

2 primary sources of passive income:

FIRST:- 'money working for you'.

include:-investment earning from financial instrument such as Stocks, Bonds, T-bills, Money Markets, Mutual Funds, as well as owning Mortgages or other assets that appreciate in value n can be liquidated for cash.
(convert assets into money la)

SECOND:- major source of passive income is ' bussiness working for you' entail ongoing income that dun really need u to involve personally in that buss.
eg; rental real estate, royalties from book, music, sfwares, licensing ur idea, becoming franchisor, owning storage units, owning vending, or other type of coin-operating machines, n network marketing..


Its simple:without passive income you can never be free. or u trap working forever.

pendek kata: u SAVE every penny a day lama2 jd bukit.
Poor peep work to earn money to live today, Rich peep work to pay their investments, which will pay for their future!

Rich peep buy Assets-----thing that will go up in value.
Poor peep buy expenses,thing tht will go down value.
Rich peep collect land. Poor collect bill.

I tell my kid: 'Buy real Estate.'
Its best u can purchase property tht can produce positive cash flow, but as far as im concerned- any real estate is better than N
o real estate.

BUY wat u can AFFORD.
'dont wait to buy real estate, buy real estate n wait'


Investing in real estate. power of investing.beli 3 ekar tanah. contoh.


Poor peep see dollar to spent, Rich see it as a 'seed' can be planted to earn more.

Each dollar to be INVESTMENT 'soldiers' n their mission is 'freedom'.

The TRICK is to get EDUCATED.
Learn about investment world. be familiar with variety of investment vehicles n financial instrument such as:


Real Estate

mortgage
stocks
funds
bonds
currency exchange
the whole gamut

then choose ONE to be expert at.

READ mag as Money, Barrons, buku2 investment..read it all. just get familiar with financial option out there.

RICH peep WORK hard, SAVE, and then INVEST their money so they never hv to work again.



wealth #16

The biggest mistake most peep do is WAIT untill the FEARS dissapears b4 they willing to take ACTION-these peep usually WAIT FOREVER

Not necessarily to get rid o the fear..just dont let it STOP you. Rich success peep hv fears too,they dont let it STOP them....

You hv to TRAIN to not to be stopped by anythin.

Being comfortable dont allow u to grow..To grow u hv to expent your comfort zone. First time u tried anythin-was it comfortable? NOO! Everything uncomfortable at the begining. I must GROW to MOVE forward.

Consciously PRACTICE going to uncomfort zone n doin wat scares u!!

The next time u feel uncomfortable, fear, uncertain, press forward! Because the minute you get comfortable-you stop growing.

We creature of HABITS, we must PRACTICE.. TRAIN yourself to do WHATEVER it takes.

Wat if u hv HAND act like ur MIND..it will go crazy hitting you here n there..u hv to learn to CONTROL it. TRAIN it to work 4 u...not viseversa--

Training n Managing ur mind is the most important skills 4 happiness n success.

U hv
ability to cancel any thought that are not suppoting u.


Act in spite of:
fear
doubt
worry
inconvenience
discomfort
not in the mood

PRACTICE getting out of ur comfort zone.


wealth #17

Learn n grow.

If ure not continously learning-u will be left behind.

Knowledge is power.---ability to act.

LEARN to manage money-to invest-to accelerate ur income

SUCCESS is learnable skills.

Every MASTER is a disaster once!

If u grow urself to become a successful person, in strenght of character n mind, u will naturally b successsful in everythin n anythin u do.

To get paid the BEST , u must be the BEST.

The more u LEARN ..the more u EARN.



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