Thursday, May 15, 2008

The Lazy Millionaire doctrine, part 2

I wrote previously in a post titled "The Lazy Millionaire doctrine" that "99% of mankind is misled intellectually. We have been conditioned to think that hard work leads to wealth and financial freedom."

I was, of course, referring to physical work -- the kind that most people are engaged in.

But work is rarely 100% physical or 100% mental. It's usually a mixture of the two. A salesperson who is always on the road because he has to meet clients, obviously is involved in physical work. However, his work is also mental and even emotional since he has to prepare for the sales call, plan his activities, etc.

If your work is more mental than physical, then you most likely have a very good job, because mental work usually does not wear the body down. You will feel less tired at the end of the day.

It's even better if your knowledge work is creative, like that of graphic designers, writers, consultants, etc.

What does this have to do with the Lazy Millionaire doctrine?

Well, this doctrine says that one of the ideal paths to wealth is to use your imagination, emotion and intellect to create a knowledge product, and then let the Internet do the marketing of that product for you. Result? You serve, even as you sleep, millions of people who, of course, pay you for it.

To be accurate, it is not YOU who are serving people but your knowledge products (which, of course, evolve all the time since you keep refining it all the time).

In other words, the Lazy Millionaire doctrine says, "Use your mind to create Web-distributable value, do NOT use your body."

Of course, your body is always involved in the creation of value. For instance, you could be walking on a beach or jogging since during those activities, you might feel inspired to have ideas for new knowledge products.

However, your body will not feel the stress of having to show up at the office and work within a stringent corporate setting that does not give you the freedom to create.

All this sounds fabulous, except for one important principle: The physically lazy millionaire must be intellectually active.

In other words, if your goal is financial freedom, you will have to learn how to use your mind skillfully and imaginatively.

This is not easy, since the educational system has not really taught us how to think. It has only "forced" us to memorize answers to regurgitate during exam time. In the case of fields like science or engineering, universities only "force" students to memorize standardized problem-solving methodologies. There is no creative activity involved in most schools and most curriculums.

As a result, we graduate from university with a nice diploma, but we still don't know how to create value by using our (now educated) minds.

Since we cannot create new value, we are "forced" to work for employers who have the means of production which, coupled with skilled labor, can create value.

As I mentioned in the first part of this post, "wealth will NOT come to you through anything you DO, but through what you THINK. And HOW you think."

The good news is that creativity is not difficult. Once you start voicing new ideas and -- this is REALLY IMPORTANT -- jotting them down on paper, preferably in a notepad, then the ideas will keep coming at a rate that will surprise you!

This is because ideas or inspiration come from your subconscious, which is a very, very powerful supercomputer. But this supercomputer which generates tons and tons of ideas, will only work for you IF you clearly signal to it that you are READY to receive new ideas.

Some people say that this powerful, cosmic supercomputer is God or the Universe or All That Is. Regardless of what you believe and the specific name you give to it, this supercomputer does work and has served people such as Wayne Dyer and Brian Tracy.

This is why I talk so much about the Lazy Millionaire: it's someone who understands that physical work is NOT the way to wealth, nor is it a sensible way to spend one's life.

The best and most enjoyable way to wealth is to just relax, open your mind and signal to your subconscious that you are READY to receive all the money-making idea and all the wealth creation ideas that are "out there."

Please understand that I'm not speaking as an academic researcher, but as a practical entrepreneur who has used this method for years!

Most of the time, I have NO IDEA where or how ideas come to me. But they do. Several flashes of insight suddenly appeared in my mind for no reason at all.

But don't take my word for it. Try it. You'll see for yourself.