Bill Gates said it succinctly; “If you are born poor it’s not your mistake, But if you die poor it is your mistake”.
Poverty, just like wealth is a choice. We are all come into this world with nothing. Why is it that some get to amass fabulous wealth while others with the same opportunities only amass poverty?
“In the abundance of water, a fool is thirsty” – Bob Marley
One of the foremost priorities for all is to secure personal financial freedom. Most know the basics of money management:
- Pay yourself first (Save 10% or more of your income every month).
- Save more than you spend (live within your means).
- Invest in appreciating assets not depreciating liabilities (property, stocks and bonds, not cars and credit based debt).
“Wealth is the product of a mans capacity to think” – Ayn Rand
Yet the irony is that most peoples lifestyles are out of sync with their income. Lets understand why. The media has created the impression that you are only successful when you own the following list:
- You drive a German luxury car.
- You live in a leafy green neighbourhood/golf estate.
- You, your spouse and your kids (from birth) dress exclusively in designer brands.
- You have the latest watch, wallet and credit cards to match your lifestyle.
- You amass all the toys of the super rich.
“Wealth is the ability to fully experience life” – David Henry Thoreau
The truth is that only the super rich 1% of the world population is being showcased on television, the news, retail magazines and reality television shows as being ultra successful and live that way. The remaining 99% is imitating wealth but are actually deeply impoverished.
Escape the trap?
- DECIDE – Your duty is to make a decision…Am I to continue being part of the debt trap of appearance, or am I ready to embrace true wealth creation? Answer this and begin a new trajectory in accumulating financial freedom.
- PLAN – Plan your assault against poverty. Arm yourself for war on poverty.
- EDUCATE THYSELF – Educate yourself on financial freedom. Understand the paths, the pitfalls and the potential risks inherent while working toward the rewards.
- ACT – Act boldly and bravely. Take consistent, daily, weekly, monthly action to realize your financial success. Don’t become a wall flower in your own financial management.
- SACRIFICE – All great achievements usually come at a great price. Just like mediocre achievements come through a mediocre price. Sacrifice the bling for the real thing.
- STAY FOCUSED – Don’t get distracted or disturbed by the media, financial institutions and other naysayers who want to keep you in the dark. Your ignorance is their business. They want a piece of your pie.
- TRACK – Keep track of your performance. Are you winning or losing? Is your strategy still relevant? Is your thinking, planning and action congruent with wealth creation?
“I think when you spread the wealth around, its good for everybody” – Barack Obama
For more on your Business Development, Sales Conference, Sales Training and Sales Coaching needs, contact me for a free 30 minute consultation to showcase our products and services to help you and your organization fulfill its goals and objectives. I welcome hearing from you.
Keep smiling, keep shining!!!
My name is Vinesh Maharaj and I’m your coach and partner in success…
Mobile: + 27 84 990 1539
Email: vinesh@vineshmaharaj.com