Beware of the Siege Mentality…
posted in Motivational |
Wealth File # 2
Rich People Play The Money Game To Win
Poor People Play the Money Game to Not Lose…
It’s been over six moths since our Millionaire Mind Intensive weekend. Many of us are initiating new enterprises specifically intended to build multiple streams of passive and residual income. We are tweaking and restructuring our existing business looking for every opportunity to monetize. Just as we are beginning to execute our “SpeedWealth” strategies, it seems as if the business environment may have become slightly more challenging. Some of us are hesitating, very much like a child about to enter a double-dutch skip-rope game…looking for just the right time to jump in. Some of us have compiled a list of reasons to delay the implementation of new business initiatives. As T. Harv says you can make excuses or you can make money. The first step is dealing with the current siege mentality.
A siege mentality might be described as being overwhelmed by the pervasive pessimism as expressed in business media, the evening news and informal conversations with business associates. In the business world, the talking heads on the financial channels, and the writers of Op-Ed pieces are communicating their many worries. To some, it seems like all the old rules no longer to apply, and the new rules are hard to identify. Media mavens express concern about how these challenging times will affect all of us. We need to recognize that these perceptions, sense of malaise, pessimism and uncertainty are not helpful and not necessarily applicable to our personal or professional life.
“Worry is a prayer for what you don’t want.”
Wealth File # 5
Rich People Focus on Opportunities.
Poor People focus on Obstacles.
It is all too easy to become so focused on threats, risks and challenges – to be drowned in the sea of skepticism, that we quickly loose sight of opportunities and new sources of growth. Business is cyclic. There are upturns and down turns. The enlightened entrepreneur will continue to create economic value in any market cycle.
What You Focus on Expands
“Another key principle pertinent here, is that rich people focus on what they want, while poor people focus on what they don’t want. Again, the universal law states, “What you focus on expands.” Because rich people focus on the opportunities in everything, opportunities abound for them. Their biggest problem is handling all the incredible money making possibilities they see. On the other hand, because poor people focus on the obstacles in everything, obstacles abound for them and their biggest problem is handling all the incredible obstacles they see.”
— T. Harv Eker, Secrets of the Millionaire Mind, pg. 80
Action Always Beats Inaction
“Rich people get started. They trust that once they get in the game, they can make intelligent decisions in the present moment and make corrections along the way.
Poor people don’t trust in themselves or their abilities, so they believe they have to know everything in advance, which is virtually impossible. Meanwhile they don’t do squat!
Rich people see an opportunity, jump on it and get even richer! As for poor people — They’re still preparing.”
— T. Harv Eker, Secrets of the Millionaire Mind, pg. 84
Need some you need some Millionaire Mind Action Steps?
Check out Secrets of the Millionaire Mind, pg. 85.
Need some Millionaire Mind Inspiration?
“The Big Idea”, your roadmap to the American Dream with Donny Deutsch. Each weeknight at 9 and 11pm CT on CNBC Deutsch, the maverick CEO who built a multi-billion dollar advertising and media business, introduces you to the men and women who have made BILLIONS with their Big Idea. If you can’t catch the show check out The Big Idea Blog at: http://www.cnbc.com/id/15838512/site/14081545/
This show and Blog are not only inspirational, but great ways to kick start your personal dream machine.
Need an antidote to the doom and gloom talking heads?
Check out the wild man of “The Street”, Jim Cramer and his “Mad Money”each weeknight at 5 and 10 pm CT on CNBC. Jim Cramer believes that there is always a bull market somewhere, and he wants to help you find it. “Mad Money” takes viewers inside the mind of one of Wall Street’s most respected and successful money managers. Cramer is your personal guide through the confusing jungle of investing, navigating through both opportunities and pitfalls with one goal in mind — to help you make money. “Mad Money” features Cramer’s unmatched, fiery opinions and the popular Lightning Round, in which Cramer gives his “Buy,” “Sell,” and “Hold” opinions on stocks to callers.
Stock information aside, this is first and foremost an educational program. Cramer is a great teacher and explains the “Who, What Why When and Where” of the financial markets. And best of all, you learn that savvy investors can make a profit in any economic climate because, “There is always a bull market somewhere!”
For more on Cramer and Mad Money Check out:
http://www.cnbc.com/id/17283246/site/14081545/
Remember, You have a Millionaire Mind and we are here to support you.
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