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Showing posts with the label wealth

How Do You Define Success?

How Do You Define Success ? If you ask this question, you will receive various answers because the definition of 'success' will vary from person to person. While a few people may be agnostic towards questions like this, a person may say that he wants to amass wealth within 10 years. So, his view of success is to become rich. Another person may say that they want to climb the rungs of their career ladder and that their success trajectory will end only if they reach the top position in their company. The focus here is career-oriented and not money-oriented. Similarly, there can be as many definitions for the word "success" as there are human beings.  A study of the lives of highly rich may reveal that not all of them are happy. This means that money cannot get you happiness. If a rich person boasts that he is a heavy-hitter and that he keeps working for 90 or 100 hours a week, what is the use? How can he enjoy his life? He has thrown work-life balance to the wind. He do...

Is It Hard To Get Rich?

There is a notion among people that getting rich is not everyone's cup of tea. These folks may be working hard but may be leading an ordinary life. So, they think that it is difficult to amass wealth. They cite several reasons including that one has to be born with a silver spoon, has to have education from an Ivy League Educational Institution, or similar such things. Other excuses they cite are that prices of almost all commodities and services have sky-rocketed and that their incomes have not gone up in the same proportion. Do you think that their notion is right? The answer is a huge "No" because there are scores and scores of people who have not been born in rich families, nor have they done their studies in Ivy League schools but have joined the group of top-income earners. How is this possible? This post tries to delve into this topic. Do you have a clear goal in your life? The main reason why people fail to get rich is that they do not have clarity as far as the...

The Process of Becoming Wealthy

The question of whether it is possible to become wealthy in life without toiling much may interest everyone including you. The question may sound bananas as well because, since childhood, every one of us has been taught that we should work hard for several years to become wealthy. But according to some modern thinkers, whatever we have learned is nothing but a conservative perspective. The firm opinion of these modern thinkers is that it is possible to get rich without working hard, robbing a bank, stealing, hitting a jackpot, or winning a lottery.  One such modern thinker was Thomas C. Corley, who was just not an author but a financial consultant as well. His research involved a study of the lifestyle and habits of millionaires such as the way they lived, watched TV, their food habits, and so on. The study included self-made millionaires as well. In addition to interviewing millionaires, Corley interviewed those who earned just average incomes also. He found that the f...

What Is the Purpose of Becoming Rich?

Almost every one of us wants to become rich . But unfortunately, we do not know the reason why we want to become rich. Sometimes and when I sit alone, I used to wonder if the aim to become rich has any purpose. This post discusses some of the thoughts that often spill out of my skull. Please read on. You, like millions of others who live on this planet, may say that you want to become rich for enjoying the best of life's experiences. Most of life's experiences come under the following categories: 1. You want to have a sleep of the highest quality. The importance of sleep need not be over-emphasized. Though a number of people commit the mistake of neglecting it and do not bestow much importance on sleep, they also admit that quality sleep improves their productivity levels and rejuvenates them. But what do you need for having such good sleep? You obviously need a good and comfortable mattress. How much does such a mattress cost? Even casual research will reveal that you can get...

Solve All Your Problems with This Single Prescription.

Do you have a scarcity or "have-not" mentality? If so, you may not be ready to believe that you can earn large amounts of money . Similarly, if you are in the habit of worrying about everything, you will never believe that there are people who are always happy regardless of the difficult situations they face in their lives.  What does this mean? This means that you are focusing on the wrong things. In the first instance, you are choosing scarcity instead of abundance. In the latter case, your focus is on difficulties and not on solutions. So, what is the remedy for this? It is by changing your mindset and focusing on the right things, you can have abundant wealth, enjoy great health, be happy always, and so on. Never forget the fact that what you focus on keeps expanding. But what are the ways to change your mindset? Hang around only those folks who are positive-minded. You should make it a point to hang around positive-minded people only. You may say that this is not possibl...

If Your Aim Is Not to Attain Buddha-hood, Why Not Aim for Material Success?

You may be aspiring to become wealthy, your ambition may be to grow in your career, or you may want to beat the competition in your industry and become the numero uno in the field. These mundane desires and attaining Buddha-hood can not co-exist. Therefore, it is not necessary that you should worry about reaching that saintly stage or something parallel to it that may need complete renunciation. It is enough if you focus on the task on hand , that is accumulating wealth, achieving the career growth you want, or climbing to the top position in your industry. But how to accomplish these aims? Let us find out. If you observe how a champion player proceeds with his Chess game, you will observe that he will aim to make tiny gains on the board. As the game proceeds, these tiny gains will culminate into a huge win. Similarly, you should always work for making small gains. This rule is applicable to everyone, regardless of whether they are entrepreneurs or employees, or whether they w...

Become A Millionaire In Your 30s Even In A Treacherous Economy

When you hear that a few young people in their 20's or 30's have become millionaires , you may wonder how they could achieve this. Especially, when the economy is treacherous to people, amassing wealth like this can happen only in movies. There are experts who may agree with you because they also opine that things like sustaining in business or retaining jobs have themselves become difficult and so, amassing wealth, that too when you are young, is a tall order.  But there are more number of experts who affirm that becoming a millionaire in 30's is certainly possible, regardless of the shape of the economy. The most essential ingredients for achieving this aim are smart decisions with regard to finances, disciplined implementation of these decisions, frugal living and impeccable work ethic. The simple mantra for amassing wealth , according to Fred Schebesta, co-founder and director of finder.com.au, the personal finance website of Australia, is "You work hard, live f...

Idea Sex Will Help You Become Wealthy

You may wonder what Idea sex is but at the outset, you must please understand that it helps in money making. In fact, idea sex helps you come out with great ideas. This concept has been explained by the ex-wife of a billionaire. The billionaire is Elon Musk, the co-founder of PayPal and is also the founder of Tesla. Elon is also making efforts to build rockets for flying humans into the outer space. Justine, his ex-wife had been witness to how he made millions and ultimately became a billionaire. According to her, people who have succeeded have the ability to come out with the right questions at the right time. One of the common questions people ask is whether they can become wealthy if they work hard and  have determination. She says that this question is not right though she does not intend to denigrate the values of determination or hard work. But she advises that only those who add value to the lives of other people can become wealthy fast. She asks if your determination will...