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

Last time we talked about how you are not your financial past. In a related matter, today we talk about the fact that you do have money now—no matter who you are, what your debt load is, or how many bills you have to pay. If you have a dollar in an account or in your pocket, you have money. You have what you need to start building wealth.

The Reality Of Your Money

There are a lot of people out there who don’t believe this to be true for them. A lot of those are people making very nice incomes every year. They do not think they have money because the reality is that their money is gone before it ever clears the banks. Where does it go? To bill collectors, debts, financial obligations, costs of living. Given the many outstretched hands most people just don’t really think they have the money to put towards themselves and their developing wealth.

The truth is nearly everyone has money. But they choose to continue seeing to their debtors’ needs first, and ignore their own.

Taking Power Over Your Money

Once you understand that you have money, you understand that you have the choice of what to do with it. Once you understand that you can begin to make choices that favor you. Once you do that you can start taking actions that lead to personal wealth. You can still find way to satisfy your debts and financial obligations, but you can couple them with wealth-producing actions.

It is a hard thing to do to find ways to do this; it is hard enough just to put yourself in the mindset of control and financial choice. This isn’t something you have to do alone, though, this is something that is addressed and can be learned through homestudy programs like Jamie McIntyre’s. For now, know that your money and your choices are real, and that you do, indeed, have all that is required to be wealthy and be rich!

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

If you find that creating wealth overwhelms you, you are not alone. And if you find it difficult to overcome that feeling, you are not alone, either. Why is this the case? And how can you get beyond it? You might start by first analyzing what the emotion of overwhelm really is.

Why We Feel Overwhelmed

The reason that we feel overwhelmed by new tasks is that they feel too large. They are just too big to wrap our minds around them, and so we feel like the job is impossible.

There is another element that contributes to that feeling of being overwhelmed. It is the desire to get through it all now. To want to be done with it, to be at the end, to have reached the pinnacle and disburse with the work of it. There’s nothing wrong with wanting that, with having a high level of motivation to achieve your goals. Unfortunately, that’s just not realistic. You have to put the work in if you want to enjoy the rewards—you have to invest something to reap the benefits and become wealthy.

Get A Grip On Being Overwhelmed

Knowing this is half the battle, as it always is. Gaining a perspective and knowing what you are up against is the way to combat feelings of overwhelm and anxiety. When you understand that feeling overwhelmed is simply a reaction to wanting to be at the end and be wealthy, then you can begin to rationalize the situation and tell yourself what you need to hear to stay motivated towards wealth. You can recognize the tasks as necessary steps to getting rich; you can break those tasks down into smaller, more manageable tasks, and you can set smaller interim goals to help you along the way.

Being overwhelmed is just another emotion. When you learn to control it, you can enjoy great success in creating wealth and being financially prosperous. You can be rich!

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

On one of my other blogs we have been working our way through my free eBook, Mindset Mastery (which is an edited and updated, modernized version of Napoleon Hill’s Classic, Think and Grow Rich). I was duly inspired by one of my posts there, and decided to share this thought here, as it is so applicable to wealth creation and very much related to our talks as of late.

One Step, One Idea

We’ve talked here several times about how it only takes going that extra distance—that one step beyond where others just won’t go—in order to succeed and be wealthy. Napoleon Hill offers another take on that, one that for many is more achievable and embraceable. He says,

“One sound idea is all it takes for a person to achieve success.”

When you think of it that way, it seems so simple—and so achievable—to create wealth and be a success.

Out Of Many, One

I want you to think about that. Then think about how many ideas you have in the course of just one day. How many great ideas have you had that inspired you—that you feel have great potential, but that you just don’t pursue. Maybe it’s a time issue, a funding issue, a hesitation, a lack of confidence…there are so many reasons why you might not be following up on your great ideas. But let’s forget those for now.

For now, let’s just think about the possibility of it all. About how possible it is to have one single, solitary good idea. One thought. Think about how easy it is just to think. How quickly good ideas flash through your mind. If you are like others, your problem may be more about landing on “the one” than it is on having a good thought—often people have too many good ones to pick and choose and focus on. But for today, let’s take that abundance as an advantage.

All you need to do to succeed and build wealth is to have one good idea. One solid idea with potential. That much isn’t that hard to do, especially now that you know that’s all it takes.

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

I feel like there is further that we could go on the last subject, without beating it to death. I’d like to pick up where we left off, with the thought that if you are not financially healthy you are not much good to those around you. Let’s explore some of the consequences of that.

Selfishly Creating Wealth

Wealth creation starts with you, personally. But you do not live in a vacuum. So it is natural that you might feel like, and that this blog might sound like, developing wealth is selfish. All this talk is about you, you, you, and how you can change and why you should perhaps put others off and not attend to their demands. It’s about how your money comes first.

So what about them? Are you to become a ruthless, self-serving, money-hoarding individual who cares only about your own wealth? Are you to take advantage of anyone who has ever provided for you—financially or emotionally—and care only about what makes you rich? Certainly not. But you are to become a strong, financially responsible and financially capable person so that you can meet all of your obligations with ease, and create a better life for all involved.

Why Being Rich Isn’t Selfish

What it comes down to is that you can do more good for absolutely everyone involved if you hold a strong financial position. You can do more good for

• Your creditors—because you can pay your bills and contribute to their financial stability rather than end up in a precarious financial position now or later.

• Your society—because you can do the above, which means you are financially independent and not dependent on your government (don’t be one of those retirement statistics!), and not contributing to high costs of lending and borrowing.

• Your loved ones—because you will have more money by working less, you can provide for all their needs and many wants, and you can provide them with a strong, lasting financial future.

When you look at it this way, creating wealth takes on a much more admirable light, doesn’t it? You can see that what you are doing is not selfish at all, it is responsible. You owe it to yourself and to those that depend on you to be wealthy. Financial prosperity is one of the most selfless things you can do for others.

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