Wealth Creation Blog

You can think your way to financial success, but along with those thoughts you need to take action. Without action, there is no conduit for success. There is no way to connect the thoughts and thinking with the end result—with becoming rich. And as we know, the best way to maximize the impact of your actions is to give them a degree of focus and planning—to make a plan, set goals, and take actions to achieve those goals. In the beginning it can be difficult to know what your plan for creating wealth should be. So here I’ve worked out a basic plan for achieving financial prosperity. It is basic in nature and is adaptable to your individual wealth creation plans. It is presented in the spirit of progress, and of giving a framework to guide your attempts. It largely covers the steps that are necessary for any successful attempt at building wealth.

The Plan

The plan, as you’ll see, is fairly simple, but if you follow it you will enjoy financial success.

1. Commit. Unless you commit yourself you will never really get things off the ground. This needs to be the first step.

2. Educate. If you knew how to be wealthy you would be already. Find out what you didn’t learn in school and what you need to do differently to build wealth.

3. Set goals. Goals are you targets. They help you get from one point to another and then another until you reach that desired level of wealth.

4. Focus thought. You know by now that thoughts and mindset are elemental in wealth creation.

5. Take action. You also know that to enjoy tangible success you have to take actions to get you there.

6. Continuity. Achieving wealth is an ongoing process. You cannot think once, do once, and then suddenly become rich. You have to continuously live a wealthy lifestyle, continuously improve upon yourself and your thoughts.

Personalizing The Plan

As I said it’s a basic plan. It is a framework to guide you, but you have to personalize it to really succeed and become rich. You need to take this plan to the next level and fill in the details. Decide how you will become educated, decide what your goals are, and decide what actions you will take to see it through. The keys are here, you just need to act upon them to develop your own personalized plan for financial prosperity.

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

We’ve talked a lot recently about the necessity of thinking wealthy thoughts. It’s a topic never far from the forefront on this blog, as we know that mindset is the determining factor in successful wealth creation. Just a few posts ago we talked about the importance of thinking big for financial prosperity. Let’s take a closer look at that issue now.

What Wealth Means To You

As you may recall, the point of one of those last posts was that your thoughts will attract the level of financial success that you put into them. In other words, in order to have a million dollars you need to first have million dollar thoughts. Today’s point is that the thoughts and thinking you perform should be whatever wealth means to you. It may not be a million dollars you want. For you, wealth and financial success may mean something else entirely.

Wealth means different things to different people. Many factors can affect what wealth means to you—

• The money you need to live well

• The standard of living where you live and the cost of living where you live (because the same amount of money in one locale will get you much more or less as compared to another)

• The property and belongings you wish to have

• The amount of work (career) you wish to maintain

• How much money you need to support others—family, friends, and charities

In short, your picture of what wealth is will be whatever makes you happy and makes you feel financially content.

No one else can tell you what wealth means in financial terms; no one can even tell you what it means in terms of personal satisfaction. Those decisions are yours to make. I cannot put a dollar figure on what it is to be ‘rich’ or ‘wealthy’. But the thing to take away is that you do need to focus and decide what wealth is to you so that you can focus your thoughts and think in the size that is right for you. Your thoughts will reap what you sew, so it is important to decide how big you need to start thinking to get you to the level of financial freedom and wealth success that you want to achieve.

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

Is there action in your thoughts? Is there a way for your thoughts to become your financial reality? Do your thoughts lead to financial success? To wealth creation?

Active Thought And Financial Success

It is true that you can think your way to wealth. Wealthy thoughts, positive thoughts, attract more of the same and pave the way to building wealth and financial freedom. But as our discussion of dreams versus thoughts showed us, thoughts are nothing without action.

Thoughts are active things—they require mental activity to live and grow and be. If there is no action in your thought, then you have nothing more than a dream. Therefore, it is not enough to just think about having money; you need to thinking about getting money or making money. You have to envision more than just you holding money, you have to envision you making money and building wealth.

Active thought leads to action

That action is your conduit to financial success. It is the means to the end, the way for you to achieve wealth and be rich. One without the other is useless. Many people are quick to embrace the concept of developing mindset for wealth creation—of thinking their way to financial wealth. They are quick to embrace it because it all sounds so easy; and people love easy, don’t they? If you only accept this concept because it sounds easy, though, you will be sorely disappointed. Because after you begin to think wealthy thoughts, you have to get to work and take wealthy actions. And you have to expend mental energy developing plans and actions that can invite wealth.

To build wealth and achieve true financial freedom you have to embrace wealth creation for all that it is—a thought process and an active process, a process of controlling the actions and making the effort that can make you rich. You have to learn to think and you have to learn to think actively. Develop action in your thought and you’ll have a way to actually become rich—to stop dreaming and start thinking and doing and succeeding!

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

Continuing on with our analysis of thought, mindset, and wealth creation, let’s talk about the size of the thoughts you have—particularly, are they big enough?

Success Proportional To Thoughts

It’s been said more times than you’d care to count—”I think about money, so if thinking your way to financial success is all there is to it, why aren’t I rich by now?”

When this is the question the answer that inevitably must be asked is, how big are the thoughts you are thinking?

If you want to be wealthy you have to think wealthy thoughts; and you have to make sure that the thoughts, the “size” of your thoughts, is comparable to your end goal. In other words, if you think about money in terms of a few hundred dollars here and there, if you envision yourself as being only slightly more comfortable than you are now, then that is where your thoughts will take you.

If you want to be wildly wealthy with a bank account numbering in the millions, then you have to think big thoughts. Thousand dollar thoughts will not get you to million dollar goals. Million dollar thoughts do that.

When you really understand the concept behind the wealth creation mindset and behind thinking your way to wealth, you understand that it is about more than a few fanciful or fleeting thoughts and dreams. Financial success through conscious thought (and indeed subconscious, too) is more active and more goal-oriented. Expect that your thoughts will attract the wealth that is proportional to them. If it’s not working for you despite your best thoughts and efforts consider that you probably need to think bigger and more successfully.

Your thoughts can lead you to wealth. But you have to give those thoughts their rightful due. Empower your thoughts by more clearly aligning them with your real financial goals.

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

There is a logical order to the way that things are obtained, or the way that you become what you want to be. Before you can have something (or be something), you have to act to get it. Very few things will come to you in life without your having first taken an action that sets you on the pathway to getting it. In fact, in reality, nothing comes to you absent of some action, some decision and choice, at some point. Even if it’s as small as deciding to be where you wind up being.

The Cyclical Order Of Wealth

In order to create wealth, then, you have to take action. You have to choose to do things that put you on the path to becoming wealthy. You have to do things that will obtain wealth for you.

There is a cyclical nature to all of this, though, and it is one very much related to another post in which we discussed being what you want to be. In order to be wealthy you have to be wealthy from this point forward. You need to stop thinking of yourself as anything but wealthy, and believe that you are a wealthy person. There is a good reason why this is so.

Wealthy people take wealthy actions. Poor people take different actions. They do not do things that create wealth. Wealthy people do. When there is no wealth-creating action, there is no way to have wealth. That action is the necessary middle step.

I doubt that this comes as a surprise, since we’ve said this so many times before—the wealthy do things differently. The wealthy live differently. They spend differently. They manage money differently. The wealthy do the things that use money to build wealth, while the poor continue to struggle while letting money run through them.

The path to having wealth, then, starts with being that person. It continues on when you act in the way a wealthy person would act—take the actions you, a wealthy person, would take. And the last part of it, the getting or having part, comes as a result of those first two factors. The chain breaks without either of these two essential links. But when kept together, they come back on themselves and begin to create wealth all over again.

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