The Rich Have “Secrets”
They Don’t Want Me to Know
Sorry to say, but this is just not true. The rich have no secrets because the ways they make their money and pay off their debts aren’t secret. The truth of the matter is the only way to get out of debt and be really free is to spend less than you make and then put your money into assets and investments.
If you want to be rich, do what they do. If you want to be in debt and be poor, do what the poor do. Now, I’m not saying that the rich don’t do things differently than most people, they do. In fact the rich have a unique way of dealing with their entire life.
So just in case you still think that the rich have secrets their not telling you, I’m going to tell you right now everything, and I mean everything, you need to know to be rich and financially free for the rest of your life.
On the following pages are the top fifteen “secrets” of the rich. I guarantee you that if you begin to think like the rich, act like the rich, and do what the rich do, you will become rich. You have no choice. Enjoy the ride!
To set the context for this key I need to give you a little information. I've known people who made some money, but I've never known anyone who got rich without examining their own values, priorities and beliefs. The way you become rich is to write down what you value.
Then write down a list of the things you want and then things that you believe. Then and only then write a list of what you are going to do with your incredible life.
To help you with this first part of your new financial success diary, I have created the following starting point for your success lists. If you need more room, and I hope you do, use another sheet of paper. I use spiral bound journals to keep all of my lists is. In fact I have created huge empires in airport restaurants in my spiral bound journals. So can you.
10 Things I Value
Are:
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10 Things I Want Are:
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10 Things I Believe Are:
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10 Things I’m going
to do with My Incredible Life:
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Look at these success lists everyday and without you even knowing it, you will begin to take the actions and to make the decision you need in order to achieve all of the things on your lists. This is one of the biggest “secrets” the rich have and it’s also “secret” number one.
Now that you have learned the first “secret” we can move onto the second secret of the rich. You must have a life before you can have lifestyle.
Having a lifestyle is “keeping up with the Joneses” and no truly rich person ever does that. It’s just not important.
Just like you cannot squeeze a watermelon into a banana peel, you cannot cram a rich life into a small mind.
Onto the third “secret” of the rich. In order for you to succeed you must have a burning desire and a true passion to succeed. You have to have clear priorities and you never wait for the government to take care of you.
No more excuses. It’s time to kick butt and achieve! Use the list below to write your top ten burning desires. Then every day read these over and over. You’re life will change as you attract the people, the projects and the money to achieve your burning desires.
My Burning Desires Are:
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No matter what they teach you in school, you must be able to track your results. This is the fourth “secret” of the rich.
Look at it this way: If you’re an archer and are blindfolded, when you shoot your arrow you probably won’t be able to hit the target.
The same goes for your results. You have to know what they are and you have to be specific about them. Give them a time line, a financial amount, or something more personal about your health, or family. You need to plan a success strategy for how you are going to achieve your result.
Here’s an example of
what non-specific result looks like:
I want to have one million dollars in my bank account by next December.
Here’s an example of what a specific result looks like:
“I will have at least one million dollars in my bank account by next December which will come to me in various ways and amounts from time to time during the interim. In return for this money I will give the best possible service and knowledge of which I’m capable in the capacity of consultant, marketer, filmmaker, storyteller, communicator, and human being.
I believe that I will have this money in my possession. My faith is so strong that I can see the money with my eyes and I can touch it with my hands. It is now awaiting transfer to me at the time and in the proper proportion that I deliver the service I intend to render in return for it. I am in the process of executing the plan to accumulate this money and am waiting for more parts of the plan to reveal themselves to me and I will follow all parts of the plan when they are received.”
What’s the difference between these to results you ask?
Well, they do both talk to having a million dollars in the bank by next December, but the second result has an action plan involved and indicates the exact type of services to be rendered in order to achieve the result. It also speaks to the person writing it, their skills and how they intend to make the result happen. It also admits that the person does not have the full plan, yet and they are waiting for the rest of the plan to be revealed. One of the biggest steps you can take to create more wealth in your life is to admit that you don’t know everything and then find the people to fill your gaps and help you achieve you vision.
The specific result you just read is very personal to me as it was written by me when I had no money and had a nearly broken back. I spent six weeks in bed healing from a severe back injury and during that time I came to realize that I and only I could affect the outcome of my life.
I’ve never shared these words with anyone and I’m not 100% sure why I chose to write them here for you to read. I think it’s because they helped me blast my life into the stratosphere and create the magnificent life I lead today. I hope this insight ignites your rocket motors and helps take you to the stars as well.
On the next page you will see another entry point for your financial success diary. Do not rush this part. Take your time and think, really think about what you are going to write. When I tell you that the next words you write will affect your life forever, I know. They will. Your words are that powerful.
For this moment take all that you know, all that you are, and all the information you have written in your financial success diary so far and create your Measurable Result version 1.0 (they do change) on the next page.
Use more paper if you need too and don’t hold back. This is that important and it will change your life if you write what you believe and believe what you write.
It all begins right here, right now.
My Measurable Result is:
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Next you need to burn your ships. There's an ancient story about a Greek general who landed his troops on an enemy shore, then burned his ships, so there could be no hope of going back.
This is the scary point where you really do wonder about what’s going to happen next and if you have the “guts” to stick it out. You do, we all do. That’s the fifth “secret” the rich know (just get up and start doing it, whatever “it” is for you).
When you burn your ships retreat and failure are not an option! You can leave no room for failure.
Ah, now we get into the nitty-gritty of the “secrets.” The fact is that no one will pay you more than your services are worth! You can fool some people for a long time, but sooner or later it all catches up with you. You must make your services and your results far exceed the small fee you charge your customers or clients. With this philosophy the vast majority of people you deal with will make you rich! That’s “secret” number six! (Always exceed everyone’s expectations.)
Rich people know they cannot live beyond their means. Wealth is accumulated, re-invested, used wisely and given away. It is never spent! If you want to achieve great wealth, live simply, invest wisely, enjoy it all! It all comes down to KISS. Keep it Simple, Stupid.
The question to ask yourself is, “I am stupid enough to make a million dollars?” I know it sounds like an odd questions to ask, but really, think about it. Doesn’t it seem that the harder you try, the harder things get? Start going with the flow and get out of your own way. That’s rich people’s “secret” number seven.
Here is one of the granddaddy-of-‘em-all secrets: Get rich slowly. Generational wealth is built over time, not like the flash in the pan people we see on television everyday.
The key to great wealth is to minimize income, while maximizing your assets. Income is taxed. Income gets spent -- think about all the cars, plasma TV’s, horses and houses people with huge incomes like to buy! Investing in true assets that are hard to spend (buildings, stocks, and collectible art, etc.) creates wealth that is not taxed, and isn't spent on a casual impulse. (If you’re keeping score that was “secret” number eight.)
This next secret, “secret” number ten might blow you mind. You should pay huge amount of income tax! “Have I gone crazy,” you ask? No, and I'm not talking about paying more taxes than you owe, but you should pay every cent the law requires you to pay. Rich folks don't worry about a few bucks here or there, they invest to make millions! If you can legally avoid taxes, do so! Use the law to your advantage when you can. And if you’re thinking the truly rich jiggy the books to hide income, you’re wrong. It wastes their time and it’s never worth it in the long run.
Money is not attracted to narcissists, the miserly, or the down right mean. They may get money, but they never hang onto it. When you want to attract money to your life be clear about what you want and how you want it to show up in your life. Part of the truly rich people’s plan and “secret” number eleven is that you can’t take it with you.
Once you’ve made enough to live on happily for the rest of your life what do you do with the rest of your money?
Think of Bill Gates and the hundreds of millions he given away. He will spend the rest of his life giving and taking care of others. The same goes for Oprah and several other truly rich people. Once you reach a point of having more money than you can literally spend in a lifetime, you need to prepare for the future… the future of your own family, the future of the planet, and the future of humanity.
What will you do with your money
and how will you make a generational contribution? Take a day, a week, or a month to think about
your answer. Oprah worked for years before
she was able to support her initiatives in Africa Africa
A note: You should think big here. In fact your answer should be so big that you might only ever achieve 50% of it during your lifetime. That way you will always have something to work for and to leave some bigger than yourself after you are long gone.
What I Will Do With
My Money Is:
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We’re getting down to the last few secrets of the rich. Is your mind ready to explode yet? That’s okay. Re-read this section of the book every day. It will help you set a new template for the rest of your life.
“Secret” number twelve is that the rich are employers not employees. Being an employee is not a bad thing, but there are only a handful of employees in the world that ever become truly rich. Most employees, according to research, save nothing and barely have enough to get by each month.
One way you can become an employer is to begin working for yourself. Keep your day job and use your list burning desires that you wrote down earlier to begin the process. Now, combine those desires with your skills and begin your own business. Start it part time and build from there. There are 13-year old millionaires, so you can do this.
I have owned my own business since I was 13 and while I had many ups and many downs; I never gave up the vision of what I wanted in my life. Then one day all the stars lined up and the Universe gave me a perfect moment where I left my corporate job forever, burned my ships and set a new course. Now I direct movies, write books, and help people get out of debt and stay out of debt forever. What a great way to live.
“Secret” number thirteen the rich seem to know, but others do not is that they create their own opportunities rather than become absorbed in self-created debt. Think of yourself standing in a river and the water flowing around you is filled with so many fish you can literally just reach into the river and grab one, or two, or three, or more. This is what being in the “opportunity flow” is like.
There are so many opportunities that you’ll have a buffet of choices and can choose what you want, when you want.
They say perception is reality and whoever “they” are, they’re right, which brings me to “secret” of the rich number fourteen. The perceptions of the rich are always attuned to positive outcomes and opportunities and they don’t have perceptions of lack, poverty, and debt.
“Secret” number fifteen might seem dull on the surface, but it is a critical piece of how the rich got rich and how they stay that way. The rich and successful have all the proper legal and corporate structures set up where as most people have improper or no corporate structures set up to benefit them.
That’s it, as promised. These fifteen so-called secrets are no longer secret at all to you. You have all you need to begin thinking like the rich, acting like the rich and to become rich.
Do what the rich do and you will become rich.
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