The 2 Wealth Creators are Business and Investments
If you look at the top 10 richest people in the world, are they employees? Obviously not, they are either in business or investment. Results don't lie! Don't kid yourself that you can be rich working for people. Of course, there are a few rich people working in top management for very big organisations.
If it is so obvious that all the rich people are either in business or investment, why is it that most people want to be rich, yet they still want to keep their job? There are 2 reasons, fear and comfort zone.
Let's talk about FEAR, FEAR actually stands for False Evidence Appearing Real. You see, we have been programmed, when we were in school, not to make mistake and everytime we make a mistake, we get punished or get branded as a failure. But let's face it, all of us make mistakes in life, it is how we deal with the mistakes, learn from it and move on. One of the main reason why people dare not venture into business is because of the many stories they heard about business failure or they may have one or two bad experiences themselves.
One of the reason why I am successful is that I "DARE TO FAIL" (It is also the title of a book written by my friend, Billi Lim) To be honest, I have failed many times in my life, business, investment and even relationships. Did I give up? Obviously not! So how do I overcome failure? I treat it as a learning experience, learn from it and ask myself how can I do it better the next time. To shorten my learning curve, I pay and learn from successful gurus. Learning from them save me a lot of money and time.
From the many businesses that I started and the many that failed, I learned what to do, what not to do, who to work with and who not to work with. With the many experiences that I had, it becomes easier and easier to succeed and making money becomes easier and easier. The simple step is to continue to do what works with the same people and keep repeating it.
Comfort zone is another reason why people continue to have what they have. They are not willing to learn new things or to change their belief system or they doubt what they learned from successful people, especially after a few minor failures. The key here is to participate fully in life, keep learning, keep finding a better way to do things and never give up.
Next week I will talk about the necessary skills that you need to have to run a sucessful business and will share more about investments in later steps
