Inner Power Revealed Internet Marketing,Self Empowerment, Personal Development, Limiting Beliefs

September 24, 2009

7 Practical Ways to Save and Invest slowly

George S. Clayton writes in “The Richest Man in Babylon about seven cures for a lean purse. The setting for this book is in ancient time, yet his practical advice is very relevant to today times. The concepts presented are very simplistic in nature, but once applied these principles could help you to acquire wealth. It will be necessary to apply consistent and persistent actions to achieve success.  The inner actions of developing your mind are even more important than the outer actions.  The seven cures below takes discipline to control your mindset because a breakdown in your mindset might lead to a breakdown in one of the stages.

The 7 cures for a lean purse are listed below:

1. Start saving money now

Pay your immediately living expenses with 90% of your income and save the other10% of your income.

2. Control what you spend

You must control the money that you spend on a daily and monthly basis. Your results will be drastically different if you constantly spend your money on a want instead of a need. You must figure out your needs and minimize your wants to control your expenses.

3. Make investments with your savings

Your purse is fattening so now you must invest it. The true way to build wealth is by finding ways to invest your savings. You must find profitable investment that will give you a great return on your money. If you fail in your first attempt to build wealth, then start over at step 1 again.  The point of failing is learning from it and continues to move towards your goals.

4. Protect your Return on Investment

You must weigh the risks versus the rewards of every possible investment. You must only seek advice from people who specializes in investment strategy. You must make sure that you select the right person, interview and researched their credential.  Your due diligence at all stages before investing in a risky enterprise that may eradicate your nest egg.

5. Invest in property

This cure is self explanatory because everyone always dreams about owning his or her property. You would be wasting money if you are renting instead of buying your home.

6. Insure a future income

Strategic planning about your future when you have a growing surplus will help you keep your wealth. Your investments must be enough to take care of your family during your retirement years.

7. Invest in knowledge

The best way to keep your newly acquired wealth is to always invest in acquiring new skill sets.  Perfecting your craft with a solid commitment to your goals will be greatly rewarded. What would you do with your last $200.00 if you had a home based internet business?

The seven cures to a lean purse described above are a simple plan that may be followed in the Babylon of yesteryear as well as the World of today. Saving 10% of your income on a consistent basis is only the beginning. The advice offered by “The Richest Man in Babylon” may be used by everyone now or in the future.

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September 10, 2009

Rich Dad, Poor Dad by Robert T. Kiyosaki Really Changed my Thinking

When I read the book Rich Dad, Poor Dad by Robert Kiyosaki and Sharon L. Lechter earlier this year it really elevated my thinking to a new level.  I am originally from Barbados West Indies but I have done most of my growing up in America.  You are bombarded at an early age to get good grades in school, go to college, get a good job and you know the rest. The teaching from this book is totally opposite and I believed if I read this book in 2002 I would never have gone back to school to complete my Masters’.  I went back to school for exactly the same reasons he discussed.  I felt that an advanced degree would more make me more marketable therefore I would command a higher salary.  The increased salary I received due to my new degree was not worth the time and money that I spend on earning this advanced degree in 2004.    My Masters’ degree did not have that desired effect on my life.

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When I look at my life almost a year later after reading Rich Dad, Poor Dad I now live my life to a different beat.  I no longer deprive my *essential self by conforming to the calling of my social self.  I am truly taking advantage of the free enterprise that is available for all of us.  The clear defined path that was outlined for us as a child by our parents, teachers and anyone who has influenced our lives definitely does not work.  The beautiful thing about life is we may change our path without having to worry about our age.  When I was on that path earlier in my life I stayed because of obligations that I felt for my family. The self talk in my head stated that I had a family who depended on me and they were no way in the world that I could change what I have always done.  When you always do what you always done you will always get what you always got.

The catalyst to make a change happened was when my boss walks into the store and stated that my services are no longer needed.   The decision to become part of a top home business opportunity was all mines.  The decision to become an entrepreneur has lead me to new heights in my life, relationships and business.  The joy which I always wished for is now a common day occurrence.  Live your dreams and get off that path.

* Read my previous posts regarding social self vs. essential self

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September 2, 2009

The 6 Every Bodies That Deter us From Reaching Our North Star.

This is some more musing on the “Finding Your Own north Star claiming the life you were meant to live” by Martha Beck.  Martha Beck writes the every body in our lives that we use to stop us from finding our North Star.  My previous post discussed your essential and social self.  When the essential self and social self are in alignment then we will have eternal bliss.  When our social self is dominating we sometimes use some kind of “every bodies” who deters us from achieving continuity in ourselves. For example when making a decision you consider what everybody would say if you decided to be a professional clown and not continue to be a banker.

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The “every bodies” that we form in our minds comes from the following 6 networks:

1. Family

2. Media Culture

3. Ideological Camps

4. School

5. Peers

6. Organizations

The fact remains that nobody or any organization has the right deter you from reaching your North Star.  When you make the decision to line up your social self with what your essential self is feeling then you will your most happiest.  If you hate being a doctor but you continue to practice medicine because everybody in your family were or is a doctor, then you will be miserable.  The best way to overcome this is to listen to your essential self over your need to conform to your social self.

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August 28, 2009

Some Reflection on “Finding Your Own North Star” by Martha Beck

I just started reading the book “Finding Your Own North Star claiming the life you were meant to live” and from the few pages this book is resonating with me.  We each have two selves inside us which are the essential self and the social self.  The essential self is the intricate compasses that “continuously point toward your North Star”.  The social self is the “set of skills that actually carry toward this goal”.  For example, your essential self want passionately to become an engineer, your social self will struggle through calculus and physics.  You will achieve success in your life when your essential self and social self are in alignment.  You will be amazed how your body, mind and soul are affected when your inner selves are out of alignment.  Have you ever found yourself sabotaging your job by being late, daydreaming, and countless other ways?  This is a perfect example of our essential self speaking to us and we continue to ignore it.

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When I was a student as early as junior high school all of my teachers recognized that I was excellent in mathematics and science.  The profession that all of them recommended was engineering.  My social self listened to them and went on to earn my B.S. in Electrical Engineering.  I have had my degree for over seventeen years and I have never worked in a job as an engineer.  I did not listen to my essential self because I just listened to what my teachers said.

The next thing that is drilled into to us is working for a company for over twenty-five years, retire and then travel.  The current economical environment of today shows us that this theory is a fallacy.  If I had taken the time to reflect and listened to whatever my essential self said. Who knows how much further in life I would be today?  When the essential self and social self are in alignment the satisfaction that you get out of your life would be everlasting.  My charge to you is that you take the time to listen to your essential self.

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August 19, 2009

How to Use the Ninth Step to Riches Which is The Mastermind to Translate Your Plans Into Action?

Napoleon Hill in “Think and grow Rich” presents the power of the mastermind as the ninth step to riches. Your definite plans are useless without enough power to translate them into action. Napoleon Hill defined power as organized and intelligently directed knowledge. The mastermind group is two or more people who with definite plans work in a spirit of harmony towards riches. The power of the mastermind group is infinite. Power is required for the accumulation and retention of money. When you are working a home business opportunity you must utilize information and knowledge that will make you very powerful.

There are three sources of knowledge:

1. Infinite Intelligence

-source of knowledge acquired through Creative Imagination

2. Accumulated Experience

-knowledge that you acquired from schools and colleges that have been classified and organized

3. Experiment and Research

-comes from people gathering, classifying and organizing new facts daily

The steps to riches will be very difficult if people depended on their efforts alone. You will not have great power without a Mastermind group. Like minded people will inject the necessary element of power that you need to succeed in your home business opportunity. You must use definitive plans with persistence and imagination that includes selecting the best mastermind group. This act in itself will bring you half way to your goals. The master mind has two characteristics which are economic and psychic.

The economic phase comes with the advantage of advice, counsel and personal cooperation of a group of people in perfect harmony. The amount of wealth that has been amassed using this method is unfathomable. The saying is that success is determined by who you know not what you know. The negative connotation of this statement is the visualization of the “old boys’ network”. The average income of your five closest friends is normally your income. The master mind group works best if you select the best possible candidates, not just your “best friends”. Your mastermind group will be your “old boys’ network” to help you succeed in your home business opportunity.

The psychic phase is more abstract and difficult to understand, because it deals with spiritual forces. Napoleon Hill believes that no two minds can come together without creating a third invisible and intangible force. He compared this force to a third mind. The human mind is partly spiritual in nature and is a form of energy. The spiritual unit of energy that is formed when two minds combine in a harmonious nature is the psychic phase.

Henry Ford is a great example of someone who surrounded himself with a great group of master minds. Henry Ford was not a learned man but he believed in having the best people to do the task that he was unable to do. Henry Ford was able to amass a fortune using this variation of the mastermind group. Your group in your home business opportunity will be about five people not fifty like Henry Ford. Your mastermind group may be just as powerful as Henry Ford so use it to the best of your ability.

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August 8, 2009

Persistence, The Eighth Step to Riches, is Required to Succeed

The majority of people are ready to throw their dreams overboard with the first sign of opposition. If the journey to success was easy, then everyone would be successful.  The book “Think and Grow Rich” by Napoleon Hill states that persistence is the eighth step to riches. Combining willpower and desire makes an explosive pair. The perfect example of this is Hollywood.  Many “actors” go to Hollywood to find fame, fortune and success.  Hollywood is not easily conquered and it pays off and once in a while someone famous emerges.  The one recurring trait of successful people is persistence.

Persistence with definite plans will lead you to succeed in your home based business. Lack of persistence is a common trait among unsuccessful people, but it may be overcome with effort. The first step to riches is desire so if your desire is weak, then your persistence will follow suit. One remedy to strengthen your persistence is to increase your desire. Your mastermind group is also a great resource to help you be more persistent. The careful selection of your mastermind group will help in your road to riches.  The synergy created by like minded people getting together in a mastermind group is phenomenal.

Persistence is based in part on the following definite causes:

1. Definiteness of purpose

2. Desire

3. Self-Reliance

4. Definiteness of Plans

5. Accurate Knowledge

6. Cooperation

7. Willpower

8. Habit

The list above is a valid assessment of what it takes to be persistence in your road to riches.  You probably could get by with just willpower and desire, but the stronger the other six are in your life the simpler your journey will be.  Your journey may be simple, but it never will be easy.  We must take a personal inventory of ourselves to determine where our strengths and weakness lies in the definite causes above. You must rate yourself honestly and the analysis might surprise you. You might be stronger in places that you thought were weak. If you are weak in any particular area, then you must master it to accumulate wealth. Willpower is the key thing that stands out for me with persistence. The road to success is lined with many people with good intentions.  They are going to good intention you to give up your dreams.  Naysayers are always going to try to deter you from achieving your goals. Naysayers are easier to handle when it is someone else.  What if the naysayer is you?

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Personal Development and The Sixth Step to Riches

The Book “Think and Grow Rich” by Napoleon Hill discusses thirteen steps to riches. Organized planning is the sixth step to riches. Desire is the first step to riches and organized planning is the crystallization of desire in action. Your personal development training is useless unless you have an organized plan to accomplish it.   Your riches will only grow in proportion to your personal development.  The more you grow the more weapons you have in your arsenal to succeed. Napoleon Hill refers to forming a mastermind group, even though he has not discussed how to form one at this point in the book.  It is a good policy to have your plans checked and approved by your mastermind group. No one person is an island, therefore the cooperation of other people is critical in generating wealth.  Your mastermind group does not guaranty that your plans will work.  You will use their collective knowledge and experiences to come up with the best possible plan.  Personal developing mind will make you stronger mentally to come up with better definitive plans to help you on your road to riches.

Your organized plan still might not work; if it does not work then replace it with another plan until success is achieved. If you fail to plan, then you plan to fail. The people who fail in their personal development lack the persistence to create new plans when old ones fail. Your plans must be practical and workable to be able to succeed.  We would not have the incandescent electric light bulb today if Thomas Edison did not fail over 10,000 times.  Every time he failed Thomas Edison evaluated why he failed and made another plan of action.  He did not fall short of his goal.  Thomas Edison is a perfect example that your consistent and persistent action will help you succeed in your personal development.

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July 31, 2009

Personal Developing Using Imagination,The Fifth Step to Riches

Imagination is the fifth step to riches in Napoleon Hill’s book “Think and Grow Rich”. The mind is so powerful that if you conceived you may achieve it.  The dictionary in your mind is filled with words.  You form sentences with these words.  The proper words placed together forms an idea.  Ideas are the starting place for all fortunes. Thomas Edison imagined a world where a lamp could be operated by electricity.  Thomas Edison had countless failures, yet today where would we be without his inventions.  The obvious answer is in the dark or reading by candlelight.  Imagination is responsible for countless inventions that have helped this world immensely.  We will discuss personal developing our imagination to create wealth.  The two types of imagination are Synthetic Imagination and Creative Imagination.

Synthetic Imagination arranges old concepts, ideas or plans into a new combination.  People tend to stay with what works and are not looking to set new precedence.  We should think of this as re-engineering processes into something better. Synthetic Imagination is the best processes to utilize in your home business.  You should follow the step by step system that has worked for many people before you.  Creative Imagination is based on “hunches” and “inspirations” where new ideas are created.

Creative people are trendsetters willing to navigate in uncharted waters.  They are willing to go down the path less traveled.  Investing in personal developing your mind, body and spirit is one way to set you above the rest. The average person is not happy with their life and financial situation, but is unwilling to change it. Your commitment to personal developing allows you to use a combination of both synthetic imagination and creative imagination.

Success in personal developing is limited by how well you are able to use your imagination to the fullest.  Is it better to have book smart or common sense?  They are book smart people that can follow a system to the letter, but if one things changes they will be unable to adapt.  They are many creative people who once the idea comes to life.  They are unable and unwilling to deal with the business aspect of it.  The person who can master both imaginations will succeed faster in personal development.  We are only limited by our inability to develop and utilize our imagination.

The crux of the matter is that we have not reach the peak of the mountain with our current use of our imagination.  The single handed best way to get what we truly want is to imagine success as if it already happened on a daily basis.  If you are bedridden for many years, you will spend a significant amount of time retraining and rebuilding your muscles.   Your imagination is not the only method to create wealth while using personal developing to strengthen your inside.  You must use all the different methods and strategies that you come across in your personal development.

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July 29, 2009

You Will Not Succeed Until You Master The Seventh Step to Riches

Napoleon Hill in his famous book “Think and Grow Rich” states that decision is the seventh step to riches. The Latin root for the word decision means to cut off from alternatives. You looked at all the different scenarios, and then you severed the unacceptable ones. The scenario that is left is the one that you pursue. Your decision making process must be very efficient and effective. The opposite of decision is procrastination, ironically procrastination is normally the decision that most people make. Procrastination is a twin to indecision. You must make the decision to be successful in your home based business and commit to it.  If you don’t make decisions, then procrastination will steal your success in your home business.

The ultimate goal is to make the proper decisions in ensuring success in your home based business. If people with opinions change your mind frequently, you will never attract money to your home based business. Your carefully selected mastermind group is the only people that you should receive an “opinion” on your proposal. There are a number of different ways to evaluate a situation, choose one and use it to come to a final decision.  When you reach decisions in a timely manner you, then you become a master over procrastination.  The toughest decisions to make are those that not only impact your life, but also your family.

The people who overcome procrastination will allow the results to make the necessary statement.  A 26.2 mile marathon is not completed until the runner makes the decision to take the first step. The majority of failures may be attributed to a lack of decision.   Inaction is a major cause of failure in the decision making process.  Major corporations that previously use to sweep failures under the rug are now looking at them more closely.  These corporations are trying to learn from these failures to avoid the same thing happening in the future. Most successful people make decisions quickly and are very slow to change them. The unsuccessful person makes decision slowly and changes them rapidly.

The value of your decisions is depended on your courage to make them. The great decisions made by leaders, such as Abraham Lincoln was reached at great risks. Abraham Lincoln made decisions that ultimately led to his death.  The decisions you make not only impact you but affect everyone in your life. The conclusion that you reached after consideration must not be taken lightly. Your telephone feels like a hundred pounds when you pick it up to call your leads. You made the decision to be a success in your home business yet you procrastinate in making those phone calls. When you don’t make those phone calls, then you are allowing procrastination to run your home business. Your success or failure in your home business is dependent on your actions or in actions.

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July 25, 2009

Personal Development And The Third Step to Riches Per Napoleon Hill’s Think And Grow Rich

Napoleon Hill in the book “Think and Grow Rich” writes that autosuggestion is the third step to riches. Autosuggestion is all self administered stimuli that you receive through your five senses. They are very simple ways that you can develop this skill to help you in your personal development.  The following steps are very easy to implement, but its takes discipline to do it on a daily basis.

You must see yourself as already achieving your goals.  Visualization is a key to autosuggestion. The more you visualize your goal as if you accomplished it already, the better chance you have to achieve it.  The first thing is find a quiet and relaxing background with minimal distractions.  It is great to do this before you go to bed and when you wake up in the morning.  Turn off the cell phone, computer and any other distractions that could interrupt you.  You must have a written statement of your goal, time frame you want to achieve it, and what you will give up to accomplished it.  Repeat this statement aloud so that it goes from your conscious mind to your subconscious mind.  Repetition is the motherhood of learning so repeat this statement everyday until it is accomplished.  Keep your statement in different locations that you can see it morning and night.  Once it had been memorized, then you will be able to truly internalize it.

These instructions may seem simplistic in nature, but if you follow these instructions your skepticism will be replaced by belief.  When you invest in your personal development the greater your wealth will grow.  Your thoughts determine your destiny and learning and acquiring different knowledge will help your personal development.  When you have the power to influence your subconscious mind then you will gain control of yourself and your environment.

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