Saturday, March 16, 2013

Avenues to Wealth

The point is to accumulate capital, then invest or start profit making.
Talent only makes a difference when two people for example have a similar amount of experience in any endeavor.
Pursuit and attainment of wealth, the accumulation of worldly resources, social influence and power.
Apply yourself, push yourself, challenge yourself.
What are the factors/keys to achieving wealth? What are some possible routes I should try?
Get good at making money.
The ones who do not spend tend to win and those who spend indiscriminately and loosely will lose.
Obey the dictates of the market. Compete aggressively for the best job for the highest pay. Seek out the cheapest most affordable rents. Eliminate any excess spending. You must be willing to look for the best deal and move to a newer job and look for the cheapest rent.
The skill of Business, the moral of Business. Money is Life.
Wealth is a game. Try to understand the system, the rules, the details, the shortcuts, the tactics.
If you have gifts and talents you should maximize them. There is a chance that whatever gifts you have the market might reward you for it.
You must have a surplus that is accumulating.
How far away from the perfect money maker are you? Try to get closer.
Look for the money. Imagine how to get it. There are different avenues. Take the most promising, from where your position is now. Do things on the side.
Wealth accumulation is about how to make money, whether or not it is through business.
Gospel of speed, do it faster and better. But be careful as well.
Try to dual task, or perhaps even to multi-task if you can do it effectively.
How to get a better job? Ask yourself where to go, what to do in order to access a better category of work.
In general, if you don't know how to go about it, then you must make your best guess. Learn from the experience, and then move forward and progress from there. Rinse, repeat. The important thing is to make solid attempts, perhaps it will be necessary to make many, many attempts. So be it. Remember that 1 single success means reward.
Prevent mistakes before they happen. Future calculate, imagine what is going to happen, imagine the possibilities.
Close the deal, whatever happens, get it done. The point is to get results. Get it done, and get it done promptly. Achieve the objectives. My current mantra to myself: get it done. Do not dilly about.
Do not fear work, but rather embrace it, and love it. Only fools hate to work for themselves. But be wise and recognize what is to your best advantage and what is not.
The ultimate goal is not the money per se, but to live your life as you like and spend your time as you wish.
Do not doubt that this is a challenge, and will test your resourcefulness and cunning. An exciting test.
Economic tactics employed by financially skilled individuals, such as penny-pinching frugality, buying vs renting or vice versa, selling in the sellers market and buying in the buyers market, getting relevant college degrees, etc.
You are fighting against poverty, your own.
Be a specialized laborer rather than a run of the mill, easy to replace one. This means higher wages.
Get the money first. Then you can have the resource which allows you options, such as to pursue your life's ambitions, whatever they may be.



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