Monday, April 9, 2007

Creating Wealth : Chapter 4

chapter 4:
Launching Yourself into Financial Self-Reliance

There are four specific stages in the wealth-building trajectory.

Stage #1:
The Pre-Launch Stage

the preparation stage.
"The will to prepare to win is more important than the will to win"
Preparing - Studying and Learning. reading Books, Going to Seminars.
not being afraid to corner experts and ask foolish questions.

The ones who stay to the end, listening and asking questions,
always soaking up the last drop of knowledge, making the extra effort.

get your house in order!
time to clean up your financial statement.
check your credit rating. don't be embarassed.
getting your family to agree for necessary sacrifices.
"No success can compensate for failure in the home"
it is much better to have your family with you than against you.

stage #1 is also a TIME TO REEVALUATE.
life goes on. Lick Your Wounds, Swallow Your Pride, and Change Directions.
will you have the courage to change??

stage #1 is also a TIME TO SET GOALS and WRITE THEM DOWN.
"one small good deed is better than a grand intention"

ALL OF THIS TAKES SACRIFICES.

Stage #2:
The Liftoff or the Struggling Stage









TBC IM BZ

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