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Sunday, February 17, 2013

How to become wealthy

 “Don't Gain The World & Lose Your Soul, Wisdom Is Better Than Silver Or Gold.” - Bob Marley

If you are craving to CREATE bigger outcomes in your life and LOOKING for success, and wealth, you need to become wealthy in the real sense of the word.


Let me first clarify the meaning of the word "wealthy". For me, wealthy means your intrinsic value NOT exactly your current assets because this will help you to build consistent authentic success in all aspects of life.

You may HERE to know how to crack the Code to Wealth and live rich for a lifetime or read the complete article, where I will discuss the easy habits along with 7 lessons on how to get rich.

 7 Must have habits to become wealthy


1. Be happy with what you have.

"Be happy with what you have and are, be generous with both, and you won't have to hunt for happiness." -William E. Gladstone

If you always look toward tomorrow for happiness, odds are you will do the same when you attain what you’ve been dreaming of. So be satisfied and ambitious. Engineer your daily life to maximize your current fulfillment to avoid the culture of scarcity.

Lesson 1: This inner happiness will help you to become more disciplined which is necessary to amass wealth.

2. Enjoy all of your relationships fully

Never force someone to make a space in their life for you, because if they know your worth, they will create one for you. If you want love, give love.  If you want friends, be friendly.

Real relationships take effort, time and commitment. Great relationships just don’t happen because two people love each very much, great relationships happen because not only do two people love each other very much, but they also value one another and are willing to make an investment of time into the relationship – day after day.


Be a giver and share love with everybody. This is true for your personal finance also. Giving creates space. And space gets filled up again. If you feel poor, try giving some away. Remember the power of  the word 'abundance'.

Lesson 2: If you want to be good with your finances, you need to have lots of friends & advisers. Hence, it's important for you to know how to maintain relationship with everybody within your family and outside.

3. Accept that you can't control everything


“Life is a series of natural and spontaneous changes. Don’t resist them – that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.” - Lao-Tzu

The truth is there is very little in the world that we can control. So, the best solution is smile, breathe and go slowly. Be aware aware of your anger and frustration and this will help you to control your emotion.

When you quit doing the wrong things, you make more room for the things that make you happy. But However, you can improve the situation by stopping blaming people, making excuses, and procrastinating on your goals.

Lesson 3: Invest after lots if due diligence, but  remember there  still be failures, so don't lose hope because you can't control everything.




4. Success is not a skill; it is a persistent attitude
 
Definition of success varies from person to person. However, nobody is successful without a persistent attitude of diligent work. To be successful, you need to learn and practice some basic skills like time management and positive mind-sets.

In the era of big data, we are inundated with information. You need to build a sense to find valuable information from a rapidly changing pool of information. We feel them intensely and deeply, because they challenge us to reassess the self-image we hold of ourselves.

Lesson 4: You have to upgrade your knowledge base persistently because nothing works permanently in financial markets and investments. There will be a bull & bear market, and you need to be successful in both of these market conditions. You can read the article on 7 habits to know more on synergies & sharpen the saw. 

5. Don’t let the people who do so little for you, control so much of your feelings and emotions.

Whenever we feel we’ve been treated unfairly, judged, or wronged, we have a very powerful internal reaction. This is call emotional invalidation and it is particularly hurtful for someone who is emotionally sensitive. So, you should maintain a safe distance from those people.

Lesson 5: Emotions & Investment/Business can't always go together.

6. Get rid of negative thoughts and emotions and become a more positive person.

The things you think about, focus on, and surround yourself with ultimately shape who you become. This is the biggest secret of life. So you need to choose to live with gratitude for the love that fills your heart, the peace that rests deep within your spirit. 

Positive mind-sets will give you trust and will help you to eliminate nervous habits.

Lesson 6: Don't gamble with your money. Do your homework and that will give you confidence in your investment. 

7. Become more confident and break away from limiting beliefs

The biggest problem that limiting beliefs cause is that they force you to live below your potential.


Here is a great article on "How to identify self limiting beliefs."

Just like an artist be creative. Avoid saying "No" because  it's self limiting. Use your creativity to improve your language. It is one of the simplest places to start being rich.

Lesson 7: You can achieve financial success by being honest because the world is full of abundance.

 "My grandmother once told me, ‘Don`t let failure go to your heart and don`t let success go to your head.’"-Will Smith

Be Successful & wealthy

I believe these 7 tips to become wealthy habits & its corresponding lessons on investment will make you real wealthy & you should live by these. 

Take action NOW!!

Share your thoughts on how to be wealthy below. I will share you my idea ways to get rich in next post

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