Friday, November 16, 2007

More Thoughts on The Wealth Creation Mindset

Looking back, I notice that during my Reverse Midas Touch phase, I had, what is known in counselling circles a definite "lack of felt choice". I believed that I simply had bad luck and that I had no choice in the matter. I simply accepted that I was destined to failure and that there was no way out for me. The vague possibility that I could be successful was totally inconceivable. It did not even occur to me to think any differently. What triggered a different response? What was it that gave me the idea that things could be different? I am not sure, but I am extremely grateful. It may have been that when a man is down, feels like a failure as a man, as a provider, some very basic survival and protection instincts are aroused and the man is faced with two options - roll over and give up, or come out of his corner fighting. I guess that we are responsible for how we react to circumstances, we can become negative and blame everything and everyone else and become very cynical with life, or we can take responsibility for ourselves, resolve to learn from our mistakes and be determined to succeed. This is not only in the area of creating wealth, but in all areas of life.
What does this have to do with wealth creation? For me - everything. Everything starts in the mind. Every invention, every achievement started out in someone's mind as an idea. This idea was 'watered', 'fertilised', 'nourished' until it germinated from an idea (through planning and action) into the physical manifestation of that idea. I have been in search of mentors to guide me, to guide my 'stinking thinking'. Some of my mentors have simply been in the form of books - Think and Grow Rich, Rich Dad Poor Dad, What I Didn't Learn at School But Wish I Had, and a lot of input from eBooks on the web. Others have simply pointed, given a direction and I have listened and it has made a wealth of difference. Sadly, sometimes mentors tell you things that you don't want to hear, or don't want to acknowledge - a huge learning curve. I recall emailing Stuart Zadel (by the way look for his foreword copy of Think and Grow Rich in the book store) and asking him for some pointers, hoping for some mind blowing, get-rich-quick/magical formula. Simply, he gave some very clear cut ideas and ended with-
P.S. I hope the next time you email me you will:

1. Have a stable cashflow and
2. Cleared all your debts without accumulating any new ones plus
3. Have read the book, The richest Man in babylon 10 times and demonstrated you have acted on it's principles.

I was rather hoping that someone would "show me the money". However, having followed these three simple steps, I found that I had learned a new mindset, I learned that without trying to follow these steps and the principles outlined in the book he recommended, I would have lost any money that anyone might have shown me.
I believe Robert Kiyosaki said "You become what you study", I realise that it all starts in the mind.
www.wealthcreationstudy.com

Sunday, November 11, 2007

Wealth Creation Mindset

I noticed early on in my life that I seemed to have the "Reverse Midas Touch", that everything that I touched would fall apart, and I sincerely believed that my sole purpose in life was to serve as a horrible warning to others! I have been to the point (for extended periods) that I had to get the deposit on empty bottles to be able to buy a loaf of bread to feed my family. There is little more emasculating for a man, than not being able to provide for his family.
I sat down and took a long hard look at my life and resolved that I would never again be in that position. Easier said than done. When you have no idea of what you are doing, or what is broken, it is difficult to "fix" things. So where to start? I looked on the internet and found several ways that I could lose the remainder of the money that I had and found that there were several sites that could remove the cash from your pocket with surgical precision. Thankfully, with a little guidance, I found a website and some books that were instrumental in changing my "Mindset". I found that with the right 'thinking', other things fall into place.
What were the books that I read? What was the help that I got that has changed my life for the better? I found this site which offers a free DVD and EBook, and this has made a major change in my life free DVD

I also have as reference guides - Think and Grow Rich by Napoleon Hill, Rich Dad Poor Dad by Robert Kiyosaki, The Richest Man in Babylon - these all work first on the way that we think before trying to address creating wealth. More information is available at www.wealthcreationstudy.com