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5 Principles Of Wealth Creation You Should Abide By

Wealth creation takes the right kind of education, discipline, willpower, effort, and the ability to take on aggressive risk -- all this over a reasonably long period of time. In fact, the period of time, the amount of effort, sacrifice, and the degree of risk the truly self-made successful people undertake to get where they are is always more than meets the eye.   Most people don’t want to give wealth creation the time and sweat it really takes. The result: most don’t do any of it.  They just survive. They drift. They manage. They make ends meet. They live paycheck to paycheck. It doesn’t have to be that way though. If you are reading this, chances are that you aren’t “just...

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Wondering Why You Are not Getting Rich Quickly?

The one thing I have learned, when it comes to building wealth is that there are no short cuts to instant riches. While there have been a few high profile events of what appeared to be extreme wealth being created almost overnight, you must recognize that even in these rare cases there has been huge risk and extensive capital expended over time. In fact the most important factors which lead to success in business are the willingness to assume risk, willingness to expend capital, the ability to focus on an idea and bring it to fruition and some good old fashioned luck. While I'll be the first to recognize there are some people who just seem to stumble into a...

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Creating Wealth Isn't For The Ordinary

When it comes to “going somewhere” and “doing something”, what seems to be a straight path isn’t going to be so.   This applies to almost everything in life.   If you are looking to create wealth, it applies to you even more.   After learning, analyzing, and looking into real stories of "Self-Made" men and women who paved their own path to creating wealth, a few things stand out (if you look closely enough): The rich focus on: Creating wealth and how they will drive new revenue sources and equity. Improving skills, learning, attitude, and discipline. (This goes a long way to help you in your journey to create wealth). Being frugal is a core value of self-made wealthy...

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Modern Day Mental Toughness & Money

Making money in the business world is becoming more complex by the minute.  Everyone is fighting tooth and nail for every inch of their market.  This presents both opportunities and challenges that make it essential for entrepreneurs and business leaders to be mentally tough.  Understanding Mental Toughness Mental Toughness is a quality that determines how you face challenges while under stress and pressure.  It has a drastic impact in three areas of your life - Performance, Behavior, and your Well-Being.  An entrepreneur who is mentally tough will be able to: Control everything around him and exert influence at will rather than just let things happen to him. There would be nothing beyond his control. Focus all his energy on clear and measurable objectives, leaving...

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7 Traits of Young Multi Millionaire Entrepreneurs

Being a young millionaire entrepreneur is a common sought after goal. Most people believe that there is some hidden secret for those who are able to live as an entrepreneur in the million dollar rare air. I wrote this article to introduce to some and enlighten others on the traits that can change such beliefs and push you towards being a young millionaire entrepreneur. 1. Fine Influence Young millionaires have battle tested and wise mentors behind them. These mentors challenge them and help them focus on thinking big while giving them the slight perspective to push them past obstacles. Moreover, these young millionaire entrepreneurs know very well that learning from the mistakes of those who came before them can be...

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