How To Build Wealth And Success Mindset

How do the wealthy and successful people build their wealth?

Whether you like it or not, there is such a thing as a millionaire's

mentality. How do you start building wealth consciousness ?

There is another vital key to wealth is having multiple sources of

income.How do you go about that?

Enjoy the following article entitled "Building Success and Prosperity

Exactly" by David Cameron.

Prosperity, wealth, is something that almost everyone in the world

seeks, yet find it hard to attain for some ‘strange’ reason. Money

issues is what we do much of the time, yet it is not taught in

schools. When we are busy doing marketing, web design, or any sort of

work, job or business, we are simply working on issues related to

wealth and prosperity in various forms. Here, then, very quickly and

directly stated and explained, are the steps you shall take to have

guaranteed prosperity for the rest of your life:

Step 1

The first step in creating wealth is building Wealth Consciousness

within yourself. Prosperity is an inside feeling that becomes

expressed on the outside as material wealth and success. Any wealthy

person will tell you that. When you are in the presence of a truly and

highly successful and prosperous person, you can feel their calm and

confident presence, a knowing that surrounds them. This is what you

should first build within yourself. And you can do it right now.

Anyone can. Without wealth consciousness, building wealth becomes very

difficult, elusive and erratic. This not a threat, it is a reality.

Wealth starts within and is evidenced outside. Your mind may tell you

"I want money now, so I want to act now, forget the wealth

consciousness bit. I don't have the time or patience for that. Just

show me how to make money and I will". That is what most people say,

and they end up working hard all their lives with little change

happening in tens of years. Life becomes a dull repeating event. You

must build wealth consciousness if you wish to start creating an

exciting and glorious life and stop living a survivor's hard life.

There is no other way. Even people who win lotteries hardly keep their

newly found wealth. Most lottery winners destroy their new wealth

within a year! Why? Because without wealth consciousness, wealth

hardly hangs around.

Step 2

Once you build Wealth Consciousness in yourself, you then create

wealth using the following strategies:

1. Create multiplied independent assets and efforts: Multiply your

efforts and income by having multiple assets that work for you 24

hours a day without needing your further involvement. You can achieve

this right now, no matter where you are.

2. Investment and growth: Take advantage of compound interest. Even

one dollar can grow to a billion dollars at a certain interest rate

and amount of time. You can never have too little to start with. You

shall also see how here.

You should combine both of these two strategies. Have multiple streams

of income and investments that grow well on the long term.

Today, your financial life may be summarized as follows: all or most

of your income from your job goes to your expenses and debts. That

will never create wealth and financial freedom.

Within a few months, you can change it to look like that of a wealthy

person, which is: your income goes to build assets and investments.

These investments and assets grow that income into something bigger

than it was. In this way, your money works for you. The extra cash is

then used to pay for your expenses and build more income streams. So,

you never work for expenses and liabilities, for that will never

release you. Instead you work for assets. Then the assets work for

your expenses, leaving you free to do as you wish and to create more

assets and income streams.

Multiple Sources of Income

A very important and fundamental key to wealth is multiple sources of

income. Build multiple sources of income for your life. Multiple

sources of income are your key to financial freedom. They are a

manifestation of your dynamic, free and multidimensional nature.

More accurately, make sure that each income stream is a business and

not a job. A job is something that requires you to be there for it so

that it can make money for you. A business is something that once set

up, does not need you to be there to keep going or growing. A job

needs you, a business does not - that is the difference. Some

businesses are actually jobs. You may own a business that is a job for

you. It needs you to tend to it; without your constant attention, it

falls. Jobs take your time and freedom; businesses give you time and

freedom. A person with multiple streams of income from multiple

businesses ends up with free time that he or she can use to live well

and to launch more businesses if need be. Jobs never allow such

liberties of free time to diversify and be free to enjoy other aspects

of life.

So, have multiple sources of income, but ensure each source is

independent of you and has been built to do well without your constant

attention. If your multiple streams of income are jobs and not

businesses, they will literally drain your life, take away your

freedom, and kill you slowly. Choose well. Love your work, but set it

up so that you can be free to choose when and where to work, or to

take time off for other aspects of life.

Remember, have multiple steams of income that do not need you to be

present for them to keep producing. To have multiple sources of

income, simply desire it to be so, make it part of your goals,

visualize and start buying books, magazines and talking to people

about it. The right businesses, investments and sources will then

simply start coming to you. And always keep wise counsel. For

everything, have a person who is of wealth consciousness and of

specialization in that area to advise and counsel you. Learn also to

trust your feelings but not your emotions. Follow your desires, but

maintain detachment. The fruits lie within the reaching into the

unknown, not only in attaining the goal. The reaching is the key, the

thrill and the growth. The attaining of the goal is icing on the cake.

It is easy.

Investment and Growth

A major key to building wealth is in making your money work for you,

instead of you working for your money. If you work for five days in a

week and spend all your income without investing any of it, you will

have forever lost those five days of work. Forever. Wealthy people

take a portion of the income from each day and put it into investments

that grow on their own, automatically and without any further work,

over a long-term period. That way, a portion of each day that you work

for money ends up working back for you for many years to come. That is

a major key to wealth, getting a percentage of your income every day

to work back for you without your intervention.

You do this by taking at least 10% of your daily income before taxes

and bills, and putting that into a long-term investment for a minimum

of about three years.

Good investments include stocks, mutual funds, certain types of bank

accounts that have high and above-inflation interest rates, real

estate investment vehicles, bonds, royalty-producing assets,

self-maintaining businesses, and so on. These investments do not

require you to work for your money. You simply invest, walk away, and

your money grows all on its own.

Even one dollar can turn into a million dollars in a certain amount of

years at a certain compound interest rate. One dollar, just one

dollar, can grow into a million dollars all on its own without your

intervention. You would be pleasantly surprised to know that a single

dollar placed into an investment that grows at 20% a year will become

$1 million in 75 years. That is just one dollar! All you would need to

do is leave it alone, go away, go to sleep for 75 years, just leave it

alone. When you return it will be $1 million without any effort from

you, other than your placing that single dollar at the beginning!

Now, if instead you put in a dollar every single day into the same 20%

a year growth investment, you would end up with $1 million in 32 years

instead of 75. In fact, a dollar a day would become $1 billion in 66

years at a 20% a year growth rate. A higher interest rate would

dramatically shorten that time.

This shows you that you can never have too little to start with.

Whatever your income today, force yourself into the habit of investing

10% of your income before you pay bills or taxes or anything else. Pay

yourself first - it is your money and your life. And it gets even

better. The 1990s was an era where stocks rose phenomenally. In the

1990s decade, over 200 stocks rose by 1000%, some by up to 20,000%.

Many fell again in 2001 but on the long-term, all good companies

always rebound to even higher heights. People in the 90s invested

various amounts and found themselves wealthier for that. Some invested

just $50 a week, and if that was their 10%, that was good enough. It

grew. Others invested more. $10,000 invested just once at the

beginning of 1990 in certain stocks turned out to be valued at around

$5 million by the end of the 90s. Others turned a few million dollars

into well over one billion in the same period. All this wealth growth

happened without any extra effort except putting money away into the

investment.

These people were not doing anything secret - they were investing in

publicly available investments. They were investing in well- selected

shares in the stock market - and anyone can do this. You can do it as

well starting now. Just remember, choose your investments well, invest

consistently, and put 10% aside from every single paycheck or income.

Consistency is the key. Compound interest will always work for you

without asking anything from you. Your only part is to be consistent,

to choose good investments, and to stay put on the long term.

Short-term investing usually does not earn as much as long-term

investing and it is usually a lot riskier.

As you can see, there isn’t much to it. It is all in the inside job

and the outside execution. You can do both of these starting today. No

one is in a position whereby they are unable to do anything. There is

nothing you cannot be, do or have, because it all starts within you

and nothing outside you can stop you. As Henry Ford once said,

"Whether you think you can or you can’t, either way you are right."


About the author
David Cameron, CEO ImagesOfOne.com, author of Raising Humans and A

Happy Pocket Full of Money, and developer of the Prova LifeGoals

Effortless Achiever+ and Prova LifeMap Numerology software. These and

titles such as Think and Grow Rich, As A Man Thinketh, and more are

available for download at http://www.ImagesOfOne.com. -----------

More wealth building secrets for you


Wealth Consciousness


Think Rich

Life give you exactlywhat you expect from it.Build wealth and success

mindset.It is almost a certain way to attain wealth and be successful

in life!
Here is an automatic way to reprogram you mind to success too.
Optimindzation CD