The Road to Wealth Series: Leverage Your Actions

 

The Leverage of Your Actions

• Get a bookkeeper (even if you do not have a business); keep the same bookkeeper for life
• Meet with the bookkeeper every month
• Why not do it yourself?
• You want to start being a business owner or investor
• You want a disinterested outside third party to look objectively at your money and your spending habits
  
• Create a winning team
• Constantly expand your context and your content (research)
• Commit at least 5 hours per week:
• Read business page of newspaper
• Listen to financial news
• Listen to educational cassettes (investing/financial education)
• Researching someone rich/wealthy
• Attend financial seminars/classes
• Look for real estate “for sale” signs and make inquiries
• Practice calculating monthly cash flow statements for each possible investments
• Meet with business brokers—What businesses are for sale in the area
• Attend trade expo
  
• Be willing to fail more
  
• Expect to be disappointed and make plans
• Have a mentor standing by
• Be kind to yourself
• Have faith
  
• Listen to yourself
• Notice thoughts about things you don’t want…change to thoughts about things you want
• Notice feelings about things you don’t want…change to thoughts about feelings you do want
• Take action, keep going until you get what you want
  
• Three classes of assets:
• Real estate
• Paper assets
• Businesses
  
• See yourself in a world or reality where you will never ever need a paycheck or job again (financial freedom)
• Dream big…think big
• Set a retirement date
  
  Resources/References
  Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax by Diane Kennedy
  
  *´¨`·.¸¸.* Ebony Ynobe *¨`·.¸¸.*
  http://www.twitter.com/ebonypost