Secret # 1: Be totally
responsible for your Success.
Do not blame others for the failures you’ve
encountered today. Life is a choice. If you choose to be a loser then you will
become a loser forever. If you choose to be poor, then you will be poor
forever. It is our own choice to improve our life. It is our own choice to
become rich. Do not blame other people such as your family, the devil and worst
God for the poverty you’ve experience today. Who you are today is the product
of what and who you are in your past life. But this is not the end of
everything this is only the start of your journey. There’s still time to change
your life. If you are extravagant in spending your money today, then start
saving now. Stop buying things what you want but instead buy only thing that is
your need. If you want to become rich, then change your life be responsible in
it with the guidance of the God.
Secret # 2: Enlarge
your Psychological Wallet
There is a power of your mind. The
way you think who you are, what your abilities are can affect to your whole
personality. If you think that you are poor then you will always be poor. If
you think that someday you will be rich then you will find a way to achieve
that dream. Enlarging your psychological wallet means changing the way you
think negatively about your financial status. Your success starts within
yourself, rip away all the negative thoughts you have and prepare yourself,
train and study and there must always be an application of what you learn to be
financially independent. While you are young, train yourself how to put money
in your wallet (Rich dad Poor dad). Remember
that most of the things on earth are not for free so learn how to attract money
in your pocket.
Secret # 3: Get rid of
crazy religious beliefs
“It
is easier for a camel to go through the eye of a needle than a rich man to
enter the kingdom of God”
-Matthew 19:24
Think
about this verse. Some of the people choose to remain poor than to be rich
because they thought poor people are more blessed than rich people. This is
totally ridiculous. Yes! God blessed the poor because he doesn’t want to see
his children suffer. Relying our life to God is good but relying to him so much
is not good. We must also take action. We must be independent to live in this
competitive world with the guidance of God.
Because of poverty, time will come
that this world will be put in chaos. Crimes will increase such as robbery,
drug addiction and many other crimes that people will dare to do in order to
survive. God don’t want this to happen. God wants as to get rid of poverty. “Rich
man has a difficulty to enter the kingdom of God” these won’t happen if you use
your wealth to help others. Use your wealth to bless other people who are in
need. And use your wealth to bless the world (It’s up to you what your
strategies are).
Money isn’t the most
important thing in the world.
But money affects very
important thing in the world.
-It affects
your family life.
-It affects
your physical life.
-It affects
your intellectual life.
-It affects
your spiritual life.
-It affects
your ability to help others.
We need money. And money
if used properly can bless the world.
-Bo
Sanchez
Secret # 4 Be
completely committed to your dreams
You are the scriptwriter of your
life. As a writer, create your life you were meant to live and make your life
beautiful. One must be committed in his dream in life. You must know/identify
what your dreams in life are. After you have identified, write it down and read
it every day to remind you what/where your destination is.
Writing your goal in life and
reading it every day will lead you to a greater percentage of success. It gives
you a direction on what you will do in waking up every morning. What is the
purpose of your existence here in this world. But it is not enough. One must
have focus in it. When you have a focus on one thing, you ignore unnecessary
things that can convert your attention. We must also have the power of
attraction -the power to attract money. “Your thought create things”- Bo
Sanchez. Your thinking greatly affects on your everyday life.
Secret # 5 Raise your
financial I.Q
To be financially independent one
must be financially educated. One must have sufficient knowledge about how to
run with their money or else, if you are not financially educated, there is a
big possibility that your money that you earn for a long time will gone without
your knowing the cause.
Financial ignorance is expensive.
With just one blink of an eye, your money will vanished like a bubble in the
air. Investing in a wrong constitution will put your money in risk. Investing
in mutual funds and bonds is much better than investing in banks. Because the
interest rate in bank is only 5% while in mutual funds and bonds although risky
the interest rate runs 9-12%.
To raise your financial I.Q. one
must read, listen and practice. Read books and attend seminars involving
handling money wisely. Volunteer in a small business to practice you in making
money. Another way is to get financial mentors to give you advice what you must
do.
Secret # 6 Ride
something to wealth
If you want to be rich, you need to
create multiple income streams. - Bo Sanchez
Multiple income streams simply means
multiple sources of your income. One must not be satisfied of being an
employee. Because for the long run your income cannot support not only your
lifestyle but as well as of your family. Engaged in a business or invest your
money in a mutual funds, equity funds and stocks. When you put up a business,
make sure that you are interested on that field. Develop your core gifts cause
out from these you can earn and build a profitable business.
Learn to sell and negotiate with
other people. Selling trains your personality, remove shyness from your system
and help you face your fears.
Remember also that profits are
better than wages. When we say profit, these refers to the income from a
business while wages refers to the salary of employee. Your profit will grow as
your business grows but your wages will remain as ease as you grow old. In
earning a profit, one must build a team. There’s a saying “Two heads are better
than one” so if you are in a team, you can make business successful. Creating
product is not enough one must seek their market. “Market, market and market
some more”- Bo Sanchez.
Secret # 7 Have a bias
for action
According to the bible, “God helps
to those who help themselves” God wants us to us not to be dependent in him. He
wants us to grow and take responsibility. He wants us to realize that without
our action he cannot help us to achieve our dreams.
Make things happen. Take action not
just action but must be in hustle (means hurry). Along the way to your dreams
failure is unavoidable. If you fail on the first time, act again for the second
time, and if you fail again, act for the third time until you reach your goal.
Soichiro Honda said: Success can be achieved only through repeated failure. My
success represents the one percent that was called failure.
A man cannot be a truly successful
if he does not encounter any forms of failure.
Secret # 8 Win in all
areas
Seven major areas of life:
1. Strengthen your relationships
2.
Grow in emotional maturity
3. Use your core gift
4. Get physically healthy
5. Gain wisdom
6. Build your money
7. Nourish your spiritual life
There’s always a power
of our belief. If you believe that it’s not possible to win in all areas then
you won’t be able to it. But if you believe at the core of your being then you
can do it.
Follow your inner compass and define
your own success. Inner compass is your guide whenever you lost yourself. It
will guide you to your journey. Define your own success means you don’t compare
yourself to others. Define it according to your standards not the standard of
your neighbor. Don’t compete with others just compete with yourself. Reach your
standard and proclaim yourself a success one.
Sacrifice your wealth for others
caused your harvest will depend on what you give.
Being
successful doesn’t only mean having a lot of money but able to share these to
others specially those who need it the most. God is always watching us. What
you give today will return to you in doubled tomorrow.
