Posts Tagged ‘economy’

The Courage To Command

Tuesday, March 24th, 2009

It’s tough to stay positive and think of opportunities when you hear the news these days, but nevertheless opportunity is out there. There really is opportunity in all situations and this might just be the ideal time for you to pursue it.

Tough Times, Big Potential

One of the best things about being down is that there is only one place to go—up! This often gives people Golden Wealththe courage to try things they’ve been putting off for years and really start chasing their dreams. It’s too bad it takes so much adversity to give us that boost, but if it gets you there believing in yourself and willing to meet the challenges head-on, then great!

The reason this happens is because when we are living in a state of security (or perceived security, more accurately), like having a steady job and paycheque, even if we hate what we are doing and are letting it limit our lives, we are more likely to stay there—even if that means giving up financial freedom (translating into personal freedom). With the safety net gone and nothing to lose, we’re more willing to pursue our dreams and the life we’ve wanted all along.

The Irony Of Misfortune

It’s ironic that what feels like misfortune at the time may be the very one thing that actually opens our hearts and minds to progress and financial freedom. It’s funny that we are more likely to feel that prosperity is possible when we’ve just lost all the “security” that we’ve had. But this is what is happening for scores of people all over the world as the economic climate continues to weather its storms. My sincere hope is that the troubles of many have been far away from your door, but I know that is not the case for everyone. Either way, look at the news of today in a new light—not in the light of depression and struggle, but in the light of opportunity and impending triumph. Let this be your time to command life on your terms!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2009

Economics Always Creates Opportunity

Friday, December 26th, 2008

When we talked about emotion ruling recession, we mentioned that every economy creates an opportunity. Good, bad, or otherwise, there is always an opportunity to be had; one that you can capitalize on and continue to create and build wealth, or even develop new opportunities.

One Man’s Trash

In many ways what this becomes is a case of one man’s trash being another man’s treasure; properties and investments that are no longer profitable for one person’s wealth creation could be an excellent bargain, and a prime foundation for your own. The fact that someone else has cast off this opportunity does not make it a bad one in and of itself—there are many factors at play that can make something unmanageable for one person, all the while it is exactly the opportunity you have been waiting for.

Profiting Off The Backs Of Others?

This brings to the forefront a question: is building wealth in a down economy a case of profiting from the downfall of others? Is there something “wrong” with your building wealth in this way? Are you somehow becoming a vulture or profiteer while others suffer?

No, no, and no. Unless you underhandedly did something to cause the financial demise of another, that blame cannot be yours. More often than not, your investments will help those people and entities. After all, there can be no upswing in a bad economy unless investors do what investors do best—invest! Unless people free cash and start to use it, the only thing that can occur is market stagnation. The world’s economy, and all the people who rely upon it (which is all of us), need you to capitalize these opportunities and create wealth!

The Tipping Point

We know the opportunities are certainly out there in these slow markets. And we know that there is money to be made by those who position themselves well now. So what will make the difference? What’s the deciding factor? Where is the tipping point?

The tipping point is this: preparation. The people who do more than survive bad markets, who make money and come out ahead, are those who are prepared. They are the people who get educated, who study various opportunities for investment and wealth creation, and who put the effort into making them work. I don’t think you’ll be surprised to hear me say that 80% of that is mindset, and deciding to find the opportunity for wealth within. The other 20%, which I also do not think will surprise you, is having the tools and financial education to empower you to do that.

The full balance of the 100% is all within your reach. You’ve come this far, tipping the scales already. Maintain your positivity and successful mindset, and no doubt you’ll be one of the people proving that economics truly do create opportunity with each and every turn.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

Emotion Rules Recession

Wednesday, December 24th, 2008

What I hope we’ve all learned from Mr. Rush Limbaugh, in case you didn’t already know it, is that recession and financial stress is optional. How so? Because recession, as with all economic ebbs and flows, is ruled by emotion. Yes, there are tangible market factors which can be pointed out to determine what is and is not a recession, but in the end history tells us that market turns pivot on one thing—the collective emotion of investors and consumers.

Nothing New

This is not a new concept, especially for those of us in wealth creation circles. We’ve heard this from such historical experts as Napoleon Hill and Wallace Wattles; we’ve heard it from modern experts like Jamie McIntyre and his contemporaries. For every major market turn, you can trace a line back to the fear and anxiety of the market that drives it.

Assuming this to be a given amongst us, the discussion turns to this:

What Can You Do About It?

You can do just what Mr. Limbaugh is doing.

Refuse To Be A Victim Of Recession

Create your own destiny by creating your own wealth. Educate yourself in as many ways as you can so that you have financial investment tools to use in every market; because really, every market creates an opportunity. You just need to be in a position to capitalize upon that opportunity.

The first and foremost thing that you can do about weakening economies is to develop the mindset of success that will see you through them. That is the basis of the 21st Century Academy. It is the basis because it is the foundation of financial success. Men like Rush Limbaugh, love or hate him, are proof positive. He maintains a mindset of success and well being. And he is successful and well-off.

The consumer or investment market cannot take your mindset away from you. Only you can do that. So, the markets cannot force you to be victimized by them. Only you can grant that permission, too. Refuse to participate. Refuse to be victimized. Insist on being a success in each and every economy throughout your successful life!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

Recession Participation Is Optional

Thursday, December 18th, 2008

In a recent interview, American political commentator and radio personality Rush Limbaugh was asked if he felt badly that he just signed a multi-million dollar contract and bonuses at a time when so many of his fellow Americans were struggling financially in the midst of recession. The assertion was that there maybe some inequity in that given the economic climate in the US, one that is currently affecting so much of the world, and he was asked for his response on the matter. His response was very matter of fact—no he did not feel guilty, he had no reason to; as for the recession, essentially his attitude was this:

What Recession?

Is this to say that Rush Limbaugh does not believe the United States is currently in a recession? That he is clueless to the current economic problems? Certainly not. It is only to say that on a personal level, Limbaugh is not affected by the recession. Why? Because it is his choice not to be.

Limbaugh said that the recession is of little or no personal consequence because he refuses to participate in it. He has worked for many years to achieve his success on his own, creating his wealth, not taking it from others. So why should he feel guilty for that? And because he has done that, he can choose not to be a victim of recession. Now, I am making no comment of support or criticism for or against Mr. Limbaugh, I am simply telling you this story to make a point:

You Do Not Have To Be An Economy Victim

You can also choose not to participate in recession or economic turmoil. Even if you are not Rush Limbaugh and you did not just sign a multi-million dollar contract to talk all over the radio waves.

You can refuse to participate in two ways:

1. Become financially independent by learning to create wealth.
2. Develop a mindset of positivity and success.

Economics is ruled by emotions. Take away the emotions of need, stress, and struggle, and you are left with wealth, success, and freedom. Those emotions don’t require a multi-million dollar contract, they require you. And you have all you need to recession-proof yourself right now.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

Guiltless Economic Turmoil

Tuesday, December 16th, 2008

Guilt is one of the most driving emotional forces in terms of financial attitude, intelligence, and ultimately financial intelligence. Not all of us always recognize the emotions behind our financial attitudes as emotions of guilt, but when you take an objective look at the situation, that is what you will find at least as often as not. Jamie McIntyre takes us through many exercises in his eBook, videos, seminars, and courses to help us to be able to recognize this and to correct that mindset to one of success.

It seems that as humans we can find personal guilt in almost any situation—unless, that is, we learn to overcome that emotion and empower ourselves. Lately, the dismal economic climate that is affecting all corners of the world is the most recent source of guilt for the wealthy and successful. But how “right” is that? Should you be feeling guilty for your success because others are struggling?

Own Only Your Portion Of The Problem

The only reason you might have—and I do stress “might”—to feel guilty while others are struggling would be if you directly caused their struggles. That’s not a common scenario for people who come to wealth and success through a program like the 21st Century Academy. A course like Jamie McIntyre’s that focuses on self-development, personal financial independence, and positivity really gives you no cause to feel guilty for succeeding—ever, no matter the economic outlook. Realistically, these are the times you should feel the best about what you’ve done, achieved, and become; because when you are positive, financially strong, and independent you are not a burden on others or a struggling government or society. And that attitude of positivity and success, as well as any charitable contributions you give, can do worlds more to help people than it could ever be perceived as hindering.

Personal financial success that is honestly built and achieved is never a reason for guilt or shame. Those are old-school financial emotions that are born of old emotions of want and need. They have no place in your successful mindset; not now, not in this economy, not ever.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008