Becoming Rich in Your Own Way
If you really want to become rich, then begin by evaluating your work habits and work environment. That's how most millionaires made their first million. According to Dr. Srully Blotnick, a psychologist and consultant who spent 20 years studying how people became rich, most millionaires didn't make their money in real estate, the stock market, or waiting for their ship to come in. They made theirs, instead, through their business or profession. They became so good at their job that they made quite a bit of money. Then, and only then, did they turn to real estate and stocks as sites to invest and grow their money. Even then, their basic business continued to produce the bulk of their gains; their investments usually produced only mediocre results by comparison. There's a monumentally important lesson to be learned from the hundreds of millionaires that Dr. Blotnick studied for 20 years. The lesson is this: If you really want to become rich, invest in yourself first; invest in real estate, stocks, and other ventures later. Dr. Blotnick divided this into two stages: · The first takes place when you're consumed by a business or profession that you enjoy so much that you would do it for nothing. · After it pays you enough income, you enter the second stage. This is when you become a bona fide investor. You start thinking of and looking for opportunities to use your surplus income. To set yourself and your career on track, evaluate yourself by answering these questions about: liking your work: · How much do I really like my job? · Does my job bring out the best in me? · Has it caused me to do more than I ever thought I could do? If you answered any of these questions in the negative, consider a job or career change. determining if your work is right for you: · How can I tell if I really like my work? · How do I know if I'm doing my work right? · How do I know if I'm doing the right kind of work? The best way to determine that is to apply these test questions: · What would I do for free? · Am I enjoying my work so much that time seems to fly by? · How would I like the work to be done if I were on the receiving end? · What would I do if I didn't have to support myself, but did indeed want to work? · What work would I do if my doctor told me that I had only five years more to live? considering my financial rewards: · Am I contended with my current income? · Am I in position to influence a change in my income? · What if the work I enjoy doing doesn't pay very well? If you're satisfied with the first two, then I say, "Hang in there! You're on your way to becoming rich." People who became rich did so because they persisted. Only a personal involvement with what you enjoy doing will produce the kind of persistence that propels you out of bed in the mornings and makes you willing to work long and hard. investing in yourself: · Am I developing my skills, talents, and abilities? · Have I made a plan that will help me to develop them? · Am I constantly improving my relationship with others? · Do I ask my co-workers for feedback about my performance? Investing in yourself means developing both of these aspects: the technical knowledge you need in order to do your work effectively and the human relations skills you need in order to work effectively with others. Mr. Joseph Brooks, CEO at Lord & Taylor, once said, "If you love your work, and do it well, someone will spot that ... Let the quality of your work do it for you." Conclusion: To become rich, do it your own way. Rely on your own talents, skills, and abilities. Invest them in a business or profession that you enjoy doing very much. Invest in your personal growth and development. Become the very best at what you do at your work even if it pays you little right now. If you really like what you are doing, eventually a fat salary will catch up with your reputation. The bottomline is persistence. Become an expert at relating well with others. Remember: When you maximize your potential, everyone wins. When you don't, we all lose. © Etienne A. Gibbs, MSW PERMISSION TO REPUBLISH: This article may be republished in ezines, newsletters, and on web sites provided attribution is provided to the author, and it appears with the included copyright, resource box and live web site link. Although advance permission is not required, please notify us at eagibbs@ureach.com when you use this article. Etienne A. Gibbs, MSW, Management Consultant and Trainer, conducts seminars, lectures, and writes articles on his theme: ... helping you maximize your potential. He offers management, marketing and parenting resources at http://www.maximizingyourpotential.blogspot.com
Related News
Alonso shows talent as rain upsets title runners - ABC Online
Billy Long's Motivation Was Power, Greed - The Chattanoogan
Billy Long's Motivation Was Power, GreedThe Chattanoogan, TN -8 hours agoWe don’t need a psychiatric evaluation to tell us what Billy Long's motivation was…..it’s called power and greed. Now he wants to play the blame game. ... |
Need Structure? Army and Navy Academy Offers Structure and ... - MarketWatch
Giants have motivation for repeat performance - Press & Sun-Bulletin
Djokovic Feels Fine, and That's Motivation Enough Against Roddick - Washington Post
Hall to ride top form into NRL finals - Sydney Morning Herald
Giant upset puts motivation’s at Pats’ fingertips - Boston Herald
Fire-Red Bulls rivalry second to points - MLS - Major League Soccer
(Is There) Motivation for VoIP Fuzzing - ITworld.com
(Is There) Motivation for VoIP FuzzingITworld.com, MA -Sep 4, 2008We (at PROTOS research) released our first free VoIP fuzzers in 2002, and were amazed by the success! Everyone seemed to immediately adapt them into their ... |
Hillary Clinton’s New Motivation - Forbes
Hillary Clinton’s New MotivationForbes, NY -Aug 31, 2008Now, she will have added personal motivation. Look to see Hillary pounding the campaign trail, hoping to fend off Palin’s bid to take what she views as ... |
|
|
 |
|
|
RELATED ARTICLES
Secrets to Motivating Yourself and Others
There is hardly anything more personal that what motivates each of us to perform in a work environment. Here's some insight into how to choose the best "carrot" to motivate both yourself ... and others.
Develop Guts to Achieve Glory
It is just amazing the amount of people who don't have the courage to go after their dreams.They sit around living a life they are not happy with and still they do nothing about it.
Book Summary: Self Motivation
Gail Lindenfield is a well-known British author who has
written several self-help books. In Self Motivation, she
does a good job of going over many aspects of self
development and she provides solutions to a variety of
everyday problems.
Motivation From A Great Western - We All Have It Coming
Most self-help gurus warn us against watching too much TV. Spending time with your much maligned TV set does have advantages, however. You are, for example, able to watch a great film like 'Unforgiven'. It has lessons which can motivate us and enlighten us.
Get Out of Your Comfort Zone - Before Its Too Late
Think about what you're doing each day and ask yourself -
"Is what I'm doing now getting me to where I want to get
to?"
If the answer is "No" then do something different. Get out
of your comfort zone and change your habits.
7 Reasons To Stop Procrastinating Today
Procrastination is a delay tactic that has the ability to choke your dreams and abort the plans and purposes you have for your life.
The Top Ten Strategies to Employ When You Feel Like Quitting
Ever feel like quitting? "Are you kidding?" you ask, "A better question would be, 'How many times TODAY have I felt like quitting?' " Sure. We've all felt like "throwing in the towel" at one time or another. If you haven't, I suggest that you check your pulse quickly. And here's a real shocker for you: the notion that "winners never quit" is a crock! Everyone - even "winners"- has not only felt like it, but has even quit at one time or another.
Rules To Live Life By
How often have we heard ourselves complaining about how unlucky we are in life or how things are just not working out right for us. However, what we so easily forget is that at some time before in lives, luck has favoured us.But it is human nature whereby we remember only what didn't work for us but easily forget the things that happened in our favour. There are several things in life that we must cherish and be thankful to God for. One important thing that we must do is make a list of all the good things that have happened to us or all the blessings we have got and refer to that list whenever we feel upset or uncared for. Actually this is the same logic, which we use when we read old love letters because they remind us of happy times and cherished memories. Here is a list of ten quotations and how we can interpret these to lead a happier life.
The Lies We Live By
How many times have you lied to get your way?
Finding Direction: Finding Passion Series - 2 of 3
In order to find the right direction for ourselves, we have to do some soul searching. What is it I want to accomplish? Why? What kind of person do I want to become? Is it so weird to be in our thirties or forties and ask ourselves, "So, what do I want to be when I grow up?" What would make us jump out of bed excited and motivated to get the day started? Before getting into these big questions, we need to find out the roots behind our decisions. What motivates us to choose what we choose?
Optimistic Vs Pessimistic
Studies have shown that on average an optimist will have a longer, healthier and a more fulfilled life then a pessimist.
JJKs First Six Secrets to Becoming a Successful, Creative Entrepreneur!
Hello Creative Entrepreneurs!
REST: The New Strategy for Business and Life Success
No matter how many times you have vowed to change your harried ways, you still find yourself running behind, running out of time, running out of patience and running on EMPTY. Your biggest problem--exhaustion. You are just plain old tired. But you keep going, because there seems to be no way out.
Why Idle Hands Create Stagnation in Our Lives
You've probably heard the phrase, "Idle hands are the devil's tools" -- meaning if you don't have something to keep you busy, you're likely to get into trouble. That can be argued of course, since the intent to cause trouble probably has to be present also.
6 Simple Steps To Accelerating your Learning
What is Accelerated learning?
Stick With the Winners
Here is an interesting quotation from Stephen Walsh.
The Time to Act
Engaging in genuine discipline requires that you develop the ability to take action. You don't need to be hasty if it isn't required, but you don't want to lose much time either. Here's the time to act: when the idea is hot and the emotion is strong.
Its Not Enough
Whatever you are doing in your life at the present moment; it's not enough.
What do you mean it's not enough? I've done all I can. I've a good job. I work as hard as I can. I get my tasks done. I'm really proficient in what I do. I've got a good standard of living. What do you mean it's not enough?
How to Stay Motivated Until You Get What You Want
And somehow you knew how to stay motivated...
A Perfect World ... Imbalance Creates Motivation
I am a big proponent of balance. Everything has to be just so. I believe that we should all strive to obtain balance in our lives. Balance between career and family. Balance between public and private. Balance between spiritualism, finances, and materialism.
|
