Keeping In Touch
Live life fully while you are here. Experience everything. Take care of yourself and your friends. Have fun, be crazy, and be weird. Go out and screw up! You are going to anyway, so you might as well enjoy the process. Take the opportunity to learn from your mistakes: find the cause of your problem and eliminate it. Don’t try to be perfect; just be an excellent example of being human. –Tony Robbins
Over the last three weeks I have spent all my spare time reading through a 656 page book written by Tony Robbins. The name of the book is “Money—Master the Game—Seven simple steps to financial freedom. Tony is a brilliant man. He is a successful person. He loves life. He is an excellent leader. He has done such a good job of outlining options for financial and personal success that I thought I would boil it down to the basic principles in a series of newsletters. This would be the first of those newsletters.
Where Tony is on the money I will generally paraphrase his information. There are times when he misses the mark in my estimation. In those cases, I will change what he had to say to make it more fully accurate and appropriate. The time will come when I give you quotes from famous people you will recognize and will I give proper attribution to those quotes.
There are certain truths which affect all of us. Recognize that 90% of all Americans fail financially. They are either too timid to look for answers to the problems of life, or to take advantage of the opportunities which occur, they don’t know where to find the opportunities, or don’t know who to ask. As clients, you are an extraordinary group of people. Those of you who are not yet in the top 10% of the country will be if you continue with discipline the work we are doing together.
SOME MEANINGFUL QUOTES
Read these following comments carefully. Think about each one and try to determine its implications for your own life.
The future has many names.
For the weak, it is unattainable.
For the fearful, it is unknown.
For the bold, it is ideal.
Money is just a tool. Feel free to live life on your own terms.
Going through life like a stick floating in a river is completely different than determining goals which are important and devising approaches to accomplish those goals. A person can be flexible. However, if they are well oriented, develop and faithfully follow an intelligent plan for success, they are the ones who are likely succeed. Think over these five different issues.
1) What do you really want? ( Vision)
2) What is important about it? (Values)
3) How will I get it? (Method)
4) What is preventing me from getting it? (Obstacles)
5) How will I know when I am successful? (Measurement)
I think you can see by these above five items that it is important to first determine what you want to accomplish in life and why. Using these simple questions you can begin to make enormous progress in your finances and in all aspects of life.
How would you live your life if you could wake up each day knowing there was enough money coming in to cover not only your basic needs, but also your goals and dreams? You will recognize that I ask all clients what is it they want to accomplish in terms of retirement or what kind of an income would they like to have even if you choose to continue working. This is a critical end goal and it establishes the foundational structure for a successful life.
The secret to wealth is simple: find ways to do more for others than any one else does. Become more valuable. Do more. Give more. Be more. Serve more. In my life and during my career I have found this statement to be absolutely true. The more valuable I become to my clients the higher my income becomes. I am at the place in life where I don’t have the need for the money, however I personally get a great deal of satisfaction out of helping others. The work that I do for others is 50 times fore valuable than I what I get in return. However, both my clients and I gain in the process. Keep that in mind. If you are not worth much to others, how can you expect to be paid a substantial amount? By constantly improving our skills and understanding and putting our imaginations to work, anyone can be substantially more valuable than they are at present. That is part of the process of successful living and for financial success.
A key to successful finances is to make money while you sleep. Working for money is foundational. Putting the money to work in a way where the money will continue to grow is key to future success. Compound interest is the eighth wonder of the world. The seven man-made wonders are either gone or in terrible disrepair. Compound interest is a miracle of God and will never go away or be replaced by anything better. Please keep in mind that compound interest is you friend. Every year it will grow more and more until your finances explode exponentially.