Focus on ROI might limit your wealth creation
I wrote a few days ago that a focus on ROI (return on investment) might actually LIMIT how much money you make, and how much wealth you build for yourself.
Let me explain.
The mindset of someone who calculates "strategically and rationally" where to invest his time, energy and/or money, will sometimes force him to overthink and over-analyze. That is, he will tend to be very, very cautious.
This doesn't mean he or she cannot get a good ROI on investments. In fact, people who understand investing and actually take the time to scrutinize the business and micro economics of the companies they invest in, will definitely earn a satisfactory return.
So please understand that I am not "bashing" people who are smart enough and courageous enough to delve into investment seminars, workshops and books in order to better manage their money (which, in most cases, was hard earned).
Indeed, anyone who uses her brain strategically, is to be commended. So few people actually use their intellectual faculties.
However, the secret I want to share with you is that often, in life, you've got to GIVE EVERYTHING YOU'VE GOT TO EVERYONE YOU KNOW WITHOUT THINKING RATIONALLY. Just do it spontaneously.
When (or if) you are able to do this, you actually activate a certain vibration within you. The sacred vibration of wealth.
This is why the current Haiti disaster, at a higher level, is a strange blessing for hundreds of thousands of people worldwide. They see the misery, feel compassion, then go to the Red Cross website to donate money.
I heard of a woman on welfare who gave forty bucks. I also heard of an old lady who used her $1,500, which she had saved for a vacation this year, to give to the Haiti relief.
The people who give their time, such as Roger Federer's excellent idea of organizing a exhibition tennis match called Hit for Haiti, or who give their money, are activating within themselves the wealth vibration.
And given the infallibility of the Law of Attraction, they will attract more wealth into their lives.
My point in this post is that when you give WITHOUT THINKING, then you create wealth WITHIN YOU.
Unlike smart investing decisions,which occur at the conscious level, giving without thinking (and doing so consistently) operates at an UNCONSCIOUS level.
The spiritual secret that I'm currently discussing, has been explained extensively by T. Harv Eker in his best seller, Secrets of the Millionaire Mind. Read that book over and over, it will change your life.
This spiritual secret is simple: you only give to yourself, and you only receive from yourself.
So if you want to receive a LOT of abundance, you must first give out a LOT of abundance.
Some people will wait until they are rich before they give to others. But that is like waiting for your reflection in the mirror to smile before you smile. It cannot work that way!
You must give before you can receive, in the same way that you must smile before you see a smiling reflection in the mirror!
Given that principle, how do you get wealthy? You must give, give, give, and then give some more.
Giving must become an unconscious reflex of every day.
This has been my secret in business: I never stop thinking about giving more, more, more, and more to my clients.
This principle of giving before receiving, explains why the rich get richer while the poor get poorer. The rich acquire capital or create businesses which enable them to give more to more people, hence they receive more wealth as a result.
Poor people often look at their conditions, and conclude that they are poor and have little to give. So they don't even give the little they have. Result? They get poorer and poorer.
In short, it's not that there are the haves and have nots. Rather, there are people who think of giving (business people) and there are people who don't think of giving (the poor).
Please understand I'm not passing judgment against poor people. I merely observe how the rich get richer.
Poor people don't understand how it works, so they unwittingly perpetuate the poverty cycle. Hence, it is said that "it is extremely expensive to be poor."
It is not the poor conditions surrounding a poor person that perpetuates the vicious cycle, but the poor thinking that the poor person has adopted and keeps sustaining.
Employees could also be considered "poor." In particular, employees who only do the minimum and who never create anything new at work, are destined to remain employees for a long time.
I was able to quit corporate America at age 31 because I read all of Edward de Bono's books and learned to be creative.
I created all sorts of value in the last 10 years, and am now well on my way to become rich.
Of course, it wasn't easy. But as a wealth teacher, it was necessary for me to make all the mistakes so I could properly teach other people. This way, they won't have to make the costly mistakes I made.
Here's a powerful secret I want to share with you: the path to wealth is sequential and includes the following steps (which I will discuss in more detail later on):
analysis --> value --> job --> business --> investment vehicle --> wealth
Let me explain.
The mindset of someone who calculates "strategically and rationally" where to invest his time, energy and/or money, will sometimes force him to overthink and over-analyze. That is, he will tend to be very, very cautious.
This doesn't mean he or she cannot get a good ROI on investments. In fact, people who understand investing and actually take the time to scrutinize the business and micro economics of the companies they invest in, will definitely earn a satisfactory return.
So please understand that I am not "bashing" people who are smart enough and courageous enough to delve into investment seminars, workshops and books in order to better manage their money (which, in most cases, was hard earned).
Indeed, anyone who uses her brain strategically, is to be commended. So few people actually use their intellectual faculties.
However, the secret I want to share with you is that often, in life, you've got to GIVE EVERYTHING YOU'VE GOT TO EVERYONE YOU KNOW WITHOUT THINKING RATIONALLY. Just do it spontaneously.
When (or if) you are able to do this, you actually activate a certain vibration within you. The sacred vibration of wealth.
This is why the current Haiti disaster, at a higher level, is a strange blessing for hundreds of thousands of people worldwide. They see the misery, feel compassion, then go to the Red Cross website to donate money.
I heard of a woman on welfare who gave forty bucks. I also heard of an old lady who used her $1,500, which she had saved for a vacation this year, to give to the Haiti relief.
The people who give their time, such as Roger Federer's excellent idea of organizing a exhibition tennis match called Hit for Haiti, or who give their money, are activating within themselves the wealth vibration.
And given the infallibility of the Law of Attraction, they will attract more wealth into their lives.
My point in this post is that when you give WITHOUT THINKING, then you create wealth WITHIN YOU.
Unlike smart investing decisions,which occur at the conscious level, giving without thinking (and doing so consistently) operates at an UNCONSCIOUS level.
The spiritual secret that I'm currently discussing, has been explained extensively by T. Harv Eker in his best seller, Secrets of the Millionaire Mind. Read that book over and over, it will change your life.
This spiritual secret is simple: you only give to yourself, and you only receive from yourself.
So if you want to receive a LOT of abundance, you must first give out a LOT of abundance.
Some people will wait until they are rich before they give to others. But that is like waiting for your reflection in the mirror to smile before you smile. It cannot work that way!
You must give before you can receive, in the same way that you must smile before you see a smiling reflection in the mirror!
Given that principle, how do you get wealthy? You must give, give, give, and then give some more.
Giving must become an unconscious reflex of every day.
This has been my secret in business: I never stop thinking about giving more, more, more, and more to my clients.
This principle of giving before receiving, explains why the rich get richer while the poor get poorer. The rich acquire capital or create businesses which enable them to give more to more people, hence they receive more wealth as a result.
Poor people often look at their conditions, and conclude that they are poor and have little to give. So they don't even give the little they have. Result? They get poorer and poorer.
In short, it's not that there are the haves and have nots. Rather, there are people who think of giving (business people) and there are people who don't think of giving (the poor).
Please understand I'm not passing judgment against poor people. I merely observe how the rich get richer.
Poor people don't understand how it works, so they unwittingly perpetuate the poverty cycle. Hence, it is said that "it is extremely expensive to be poor."
It is not the poor conditions surrounding a poor person that perpetuates the vicious cycle, but the poor thinking that the poor person has adopted and keeps sustaining.
Employees could also be considered "poor." In particular, employees who only do the minimum and who never create anything new at work, are destined to remain employees for a long time.
I was able to quit corporate America at age 31 because I read all of Edward de Bono's books and learned to be creative.
I created all sorts of value in the last 10 years, and am now well on my way to become rich.
Of course, it wasn't easy. But as a wealth teacher, it was necessary for me to make all the mistakes so I could properly teach other people. This way, they won't have to make the costly mistakes I made.
Here's a powerful secret I want to share with you: the path to wealth is sequential and includes the following steps (which I will discuss in more detail later on):
analysis --> value --> job --> business --> investment vehicle --> wealth
posted by Super Peter at 4:58 PM
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