Wealth Creation Blog

How often have you been told here that the two keys to wealth and success are [first] mindset, and [second] action? Countless. And few people argue that. To build wealth you have to develop the mindset of the wealthy, and then you have to take actions that are capable of producing wealth. A lot of people get hung up on the action-taking, though. Why? Often the cause is perfection.

Perfection As The Enemy Of Progress

This is a piece of advice I’ve actually given in the past to the readers at my Wealth Creation Affiliate blog. It applies very logically to them—affiliates will wait to long for their website promotions, etc to be perfectly “right” and will miss out on so many opportunities and wind up just wasting time. The same applies to creating wealth—if you wait for the perfect moment to take action and get started, you’ll never get going!

Does this mean that you go ahead without getting educated? Without learning how to direct your efforts? No. Does it mean developing wealth needs no strategy or structure? No.

This simply means that it is okay to start taking actions towards wealth and good living without perfecting that strategy. Start small and grow. Positive action will attract more positive action, and will put you into the habit of prioritizing your wealth, goal-setting, achieving, and snowballing that into more wealth, and on and on. You can always change and develop your plans and strategies later. But you need to at least start somewhere. Remember that one step? This is it.

Perfection is elusive, impossible for humans. Mistakes are okay—they are opportunities. Even failures are opportunities. If you are waiting for everything to be perfect, that time will never come. If you are waiting until you know all there is to know about building wealth, you will find there is always something new to learn. The best course of action is to start learning, apply what you know, and start acting to become wealthy today.

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

Free-time is hard to come by. Finding time to learn new things is hard, too. So why learn everything all over again? Why not stick with what you know for as long as it is useful to you? Why not apply the skills and knowledge you have now to your strategies for building wealth?

Maybe you are saying the answer to these questions is that you have no skills that lend to financial investment and wealth creation. I beg to differ.

Do What You Know Now

Very few people are at a complete lack of skills that can be utilized to create wealth. I dare say that if you are intelligent enough to recognize your need, to recognize the benefit of changing your financial future, and to take the action that has led you here that you most definitely have some skill that is usable for investing and making money. At the very least you have a desire and motivation, and the ability to learn and grow. That’s nothing worth ignoring.

If you look within yourself chances are you have much more. It could be something as practical as having home maintenance skills—even as simple as knowing how to house-paint—a talent to be applied to real estate investing. Or it could be something more academic like a propensity for mathematics and records-keeping—a talent that surely helps in valuing stocks and shares. There is something there, and for sure you will find one or more pathways to investing where it will prove useful.

Prioritize Learning Time

Of course learning new skills is not a bad thing, but it does take time. By using the skills you have readily available now you can devote that time to getting a financial education—to empowering yourself for wealth. Spend that time learning the more important aspects, and then later, with those firmly under your belt, move on to pursue more interests. In the meantime, why waste time? Put your own skills to work today to create wealth tomorrow.

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

The last post, if you recall, discussed the fact that what you see in one wealth creation program or book, you are likely to see again elsewhere. The reason is that this is what works! It’s to be taken as proof, just as you would accept anything as accurate that you can back up with another source. This leads me to address another question that might come up.

If This Stuff Is Everywhere, Why Do I need A Financial Empowerment Program?

It’s true that over time you could collect the majority of the information that you will get from a good wealth creation program like Jamie McIntyre’s if you just read and researched on you own. Eventually, you could get there. After all, that is essentially what Jamie McIntyre did. But there are some very real reasons why it is to your strict advantage to undertake your new financial education by using a wealth-building program.

The Work Is Done For You

First off, financial empowerment programs have done the work of research for you. It takes years to learn everything you need to know by going it alone and studying all the experts. And truth be told, not all ‘experts’ you encounter are for real. But you can trust the expert advise, education, mindset, and strategy that you are taught through proven programs.

Learn From the Experience Of Others

Wealth creation programs have the advantage of allowing you to learn from the experience of others. See where people have come from, what they’ve accomplished, and what they’ve done with what they’ve had. Find out what’s worked for others to put it to work for you.

Meeting Of The Minds

Programs like the 21st Century Academy bring the best of the best together in one place. It’s like having a meeting of the minds with some of the most successful and wealthy people in the world, all in one spot.

Support And Guidance

Books can be inspirational and informative, but they are not very supportive. When you work with real people, either in person, through homestudy, or online, you have real, live, support available to you.

You could go it alone and pursue wealth creation on your own, but it would doubtless take you much longer, and you would lack the benefits that proven programs offer. I encourage you to save yourself time, money, and frustration, and let the successes and work of others work to your distinct advantage.

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

One of the ways that you can fund your wealth creation program is by increasing your income. That’s a lot easier said than done, but if you are really getting what you are worth, it’s a heck of a lot easier than if you are working for short pay.

Are You Worth Your While?

Many people are not getting what they are worth. They know it, and their work shows it. It shows to the client, the customer, and to the boss. And it creates a never-ending cycle of negativity and suffering income. Let’s think about this. You take a job for whatever reason, at pay that you may or may not believe to be fair. For some, the money was never there and they knew it; for others, what seemed like a good deal in the beginning is going south, or stagnating to the point that the job is not worth the effort you’re putting in.

After a time, you feel devalued and so you devalue your work—why give away the goods? Why not just put in the effort that you are being compensated for?

Unfortunately, you create a situation for yourself that does you no good. You are not showing your boss your best effort, and your boss is not at all inclined to increase the earnings of someone just barely meeting their job requirements.

This may not exactly be the situation you are currently in, but you get the general idea. Maybe the problem is more like you not valuing yourself highly, and so you allow yourself to be taken advantage of financially.

Value-Added Services

Whatever is at the root of your problem, the situation can be remedied. This year, make a point of increasing your own value and worth, so that you can be bringing in the money you deserve, and subsequently funding your plan for creating wealth.

In future posts, we’ll talk more about the specific strategies for increasing your worth—either in your current position or in a new one. We’ll talk about some specific strategies for increasing your worth and reaping the financial rewards of your proven worth; and all of this with an eye toward creating the mindset of a successful creator of wealth so that you can enjoy that elusive financial freedom you’ve been striving for.

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

Yes, it is that time of year when people the world over resolve to improve, but before you get to that, make it meaningful by taking stock of the year just past.

Look Behind To Look Ahead

The best way to set really worthwhile wealth creation goals for the coming year is to take a look behind you to see the financial successes and failures of the year gone by.

A look back on your year will tell you a bit about your efforts at wealth creation. It will tell you

• What worked

• What didn’t

• Where your strengths in wealth creation are (strategy, knowledge base…)

• What type of wealth creation strategy you are most suited to (investments, shares, property, business…)

• Where you are lacking

How’s Cash Flowing?

As you do this, take a look at how your personal finances are arranged. Where is your income coming from and where is it going? What could you do differently to free cash for investment and the creation of financial wealth?

This is an important one, especially if you are just getting started in the wealth creation program. One of the top reasons people do not invest, or never take advantage of programs like ours to create wealth, is that they don’t think they can find any cash to seed their investments.

Assess your income and expenses, read up on where you can find investment money (this was a post a while back, and it is also part of Jamie McIntyre’s book), and commit to finding the cash you need to build the wealth that will secure your financial freedom.

Here are some of the places you should be reassessing on an annual basis to make the most of the cash at your disposal:

• Income—know how much you are really taking in

• Expenses—what expenditures are really necessary? What can easily go?

• Personal property—cash poor? Look at what you could sell off (both the big stuff and the small stuff); this can include untapped property equity, too

• Generous benefactors—friends and family that would lend money to help you succeed.

Get Personal

Financial reassessment encompasses everything in your life. And since the goal of wealth creation is to build a better, more financially secure future for you and yours, I want you to remember to take your reassessment personally. Attend to the financial issues, but pay attention to the lifestyle you want, too. Make sure that as you make financial progress you also make personal progress, because as we know, wealth creation is as much about feeding the mind and spirit as it is about making money. And as we’ve said before, the only real point to all of it is to fund the kind of life you want.

Hoping you find progress in both the year past and the year ahead.

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