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by Wilson

Value and Income

January 31, 2007 in Education, Investing, Money Making Ideas, Motivation, Self Development, Wealth

There is a reason why you are earning the amount you are earning right now. It doesn’t matter if you are earning one dollar, one thousand dollars, or $100K a month. Those levels are set by no one else except you. You earn that amount because that is just how much value you are giving out, providing, creating, or sharing. Period. I just chuckle whenever I hear and see employees get jealous at rich people or get angry at their lousy paychecks thinking that someone owes them more. Realistically, if you are an employee and want to become rich through that means only, the odds are way stacked against you to become rich in a short period of time (less than 10 years). You will most likely have to work for forty years. FORTY YEARS to break 1 million bucks while people can realistically break that amount in just 2-5 years today if they put their minds to it. 

Their focus is on something that they do not have complete control over; thinking that their boss, their jobs or their company is the problem. When they focus on that, they lose sight that they are the problem. If you have a money problem, it is because of you and only you can fix it. Your boss is not here to make you rich – he just gives you work and a paycheck. What you do with that paycheck will determine if you will become rich or stay mediocre. That decision on what to do with your paychecks stems from what you think and feel about money. You want to become rich and master money? Start by changing the way you feel and think about money.

You think money is hard to get? Takes a lot of physical effort to get or is in proportional to the amount of time and energy you put in? Okay then you will work hard for the rest of your life. You think money is something that is to be saved and horded up? Then you will just be like a lot of employees who just try to horde and try to save every last penny of their paycheck  always suppressing their real wants, needs and desires. That blows.

On a side note: this also brings up something that I hear quite regularly from people who have family and parents to “feed.” It is a large responsibility to provide financially for them and it takes a lot of guts and character to provide the things they need and want while scarificing/mitigating your own needs at times as well as putting your nose to the grind stone for them. However, if you seriously want them to be “taken cared of” or want their love which it eventually all boils down to, then you owe it to them as well as yourself to seek the path to master money, hard. Yes grinding away at a job can provide all the things a modern family will ever want, but if you have ever wanted more in terms of money,time, freedom and to expand yourself then you have to seriously start into changing the way and amount of income you bring in for them and yourself. Don’t let 20 years pass by then see that you have to start changing the way you make money. Start now.  

Others spend all of it and more. Most are not that extreme in either direction and are somewhere in the middle they save some and spend some. They don’t ever think about how money can be controlled and amplified. Phrased in another way: they don’t use money to create, buy, or rent assets. Again, assets are just things that put money into your pockets. See money making systems. So how do you start thinking and acting like this? It was mentioned in the beginning of this entry  your income is in proportion to the amount of value you give out.

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by Wilson

Getting Out of The Rat Race – Graph Of Results

January 18, 2007 in Education, Motivation, Self Development, Wealth

I recently looked over the progress that was made and the results were surprising. Here is the graph I made showing time and money made per day (including weekdays) from my “side projects” compared to my full time “High Paying” salaried position as an electrical engineer:

Passive vs Earned Income

I bet that every struggling entrepreneur has a similar graph to show – where their efforts show up as almost nothing in the beginning and then explosive growth after their systems are setup properly. My twin has an almost identical graph. My real time frame is actually longer than the one displayed on the graph. During those periods, a lot of trail and error, “hacking at it”, struggling, frustration, and pain were involved. A LOT of times I thought I was going to just GIVE UP and just QUIT but I never did. For me, this was due to the committed decision I made about 2 years ago to not settle for less than what I wanted fanancially.

If you are not fully committed to your decision of “getting out of the rat race” or to become financially free or reaching a definitive net-worth, then you will most likely not succeed or follow through. You will most likely be part of the 97% of people out there who “give it a go” and just give up. Heck these people actully tried though. There are people who won’t even try. There is a saying: “9 out of every 10 businesses fail” and most people today who are highly educated or have jobs just focus on the failure part of it. They dont realize and FOCUS on the ONE that actually makes it. Maybe because they really never thought about how goooood it feels to have a business or something you own or have created that will feed you, clothe you and let you live more freely. They have to get out of their comfort zones somehow. Again, doing that is simple if you are hungry or are awakened. Not giving up when things seem hopeless is a day by day process of building an unshakable character.

Character is something that defines a person’s actions, thoughts and decisions at every moment of their lives and espcially at critical points in their lives. Their character is usually tested at those dark moments of despair and brought to new heights or fame and fortune in good times or after these tests. It is something that can not easily be changed over night (but you can if you are motivated enough) and is usually shaped by one’s life experience, hardened by one’s trials, and sharpened with one’s thoughts of what can be. Getting out of the rat-race or becoming financially free or reaching a financial goal is just a test of your character. Man up and go get whatever it is you want and you build and strengthen your character each time you succeed in following through.

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by Wilson

The Secret and The Awakening

January 17, 2007 in Education, Motivation, Self Development, Wealth

There was a video that was release about 2 years ago called “The Secret” which I found out about while google’in in Charles Hannel about a year ago. I saw the intro and bought the DVD. I was already on my quest to “get out of the rat race” and was at a point in my life where I was hungry enough to try to gain every bit of knowledge I could on the subject of money, wealth, and becoming rich by either buying books, attending seminars, or researching online. The first time I saw the video it just strengthened my new beliefs on money and wealth. It was a good video and very motivating. I remember that right after the movie I wanted to share it with family and friends. But then I thought and remembered how people reacted to such things. Don’t think that I did not want to share it because I was greedy – that is really not the reason at all. There is no doubt that the video was something educational as well as motivating, however I found out that people just have to make their own paths in life. You can’t really push something onto a person who is just not ready or looking for it. You can’t force a person to help himself – he might see it as actually hurting. If you are reading this blog and are already on a similar quest then I suggest you go out and just buy the video to help you on your journey. If you are just starting out, I really don’t know. Its ultimately your decision and yours alone. Only you can tell if you are ready or are “awakened”.

It is really very, very difficult for someone who has beliefs and thoughts ENGRAINED in their heads, hearts and being to change overnight. My twin and I had referred to this as being awakened – just like the Matrix analogy we wrote about.  It is do-able but one has to be hungry enough, or have enough pain to want to change. Being awakened is being free from all other influences in your life where you and you alone are in charge of what you put in your heads and can consciously decide what you want in every area of your life. Most will have to go through a lot of depression, physical pain, sadness, or hardship to reach this point. Yet one can even read just 1 sentence and reach this point. In the movie The Matrix mentions or hints that - it is easy to wake someone up from the matrix when they are young and when they reach a certain age they just cant be awakened. Also note that viewing this video – The Secret will most likely NOT awaken you. Again it is not the material that will magically do it, it only happens when you are ready for it and are hungry enough for it.

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by Wilson

How to Start

January 11, 2007 in Education, Motivation, Self Development, Wealth

I wish I knew what I know now years ago. A lot of us do, and if you are just starting out with a dream and the hunger to “get out of the rat-race” you will be probably asking yourself this question in your head in one monment or another - “How do I start?”. My answer is simple – just do it. Yea its been overused statement but its the truth. No matter how unrealistic your plans are or goals are, you can start it. I have found that out. My personal technique to “just do it” is by getting the idea out from your head and putting it onto a piece of paper. Then I’ll just tell my twin about it and work from there. Once the idea is out, you have already started. You have brought your idea from your thoughts into the physical world. And as long as you can focus on it, then it will become bigger and stronger. Just be careful who you share your ideas with though. To you, it may seem impossible to do but to someone else, it can seem easy.

Prototyping and starting small are other ways my twin and I start. We almost never aim to get a system setup perfectly from the beginning. Just get them up and see if the results are pointing you in the right or wrong paths. When you have an idea, just write it down. Do some research on it. You will be surprised that many of your ideas have been acted upon by others already.  

You can also start by picking the brains of people who are ahead of you in the game. Learn what they know by buying their guides, programs, etc. Lurk in their forums and blogs. A lot of useful and “tightly held” secrets are out wide in the open. Do some research first before shutting your brain down by listening to what others say about books or resources that can cut your time to financial freedom by mutiples of years. See for yourself before judging. Remember though, the only person or product that can ultimately bring you to the top is yourself. Stay hungry.

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by Wilson

School Teachers Are Just Employees

December 14, 2006 in Education, Motivation

teacher's letter

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by Wilson

Working To Build Nothing

December 11, 2006 in Education, Money Making Ideas, Motivation, Self Development, Wealth

My posts may seem to be cruel or just make fun of people but its not intended for that. I work and talk with some of these people. They are trully hard workers and good people, but they just fail to see the situation they are in, fail to face what they are really feeling about money, their jobs, and financical situation. Many times I have to highlight the not so pleaseant and subtle things that people take as “normal” or “the right thing to do.” Maybe I am just describing it like how it really is and want readers to get a lesson out of it. Anyway thats just the way I see it.

Most employees work their entire adult life to build nothing. I know because I have worked with these people for 2 years now. I remember that this statement hit me in the first month I worked. I saw people requesting to do overtime, or work over weekends and nights to finish some work, try to get advanced degrees and certifications, working through lunch, or setting up elaborate meetings, and even through the work seemed very easy to me, these people were literally killing themselves to work. When you ask them what they do on the side, most will say they have nothing or have a second part time job.

I didn’t find out until later why these people behaved the way they did. The motivation behind their actions are controlled by fear and greed. They fear losing their jobs so they show that they work really hard on stuff that is really very easy or uncomplicated, they get to work early, leave late even when no work is available, kiss ass, act like phonies, etc etc. They are also greedy and want more money so they quit their jobs after a year to get a higher paying job, try to get that MBA or PHD, work on exclusive “high visibility” projects, and work overtime thinking that that will solve their problems. But they do not see that they are really in the same situation. They own nothing, have to work for money, and have low financial IQ’s.

That is not the real problem though. The real problem is that people are not able to admit that to themselves and are controlled by their emotions of fear and greed. Feeling fear and greed is nothing to be ashamed about and should actually be welcomed. They are deep-seeded human emotions that tell us something if we pay attention to them, think intelligently, and study ourselves carefully and truthfully. Lack of financial intelligence is readily handled if a person wants to too. I remember I was there too. In my first job – feeling fear for losing my only source of income when I got in late on one day because my alarm and twin could not wake me up. I literally screamed at my twin: “I can’t lose this job. I need it.” Feeling greedy at times – managers get 5 weeks of paid vacation, while starting engineers get 3, some employees go out to eat everyday and drive really nice cars. “I want that too,” I said.

Instead of just doing nothing about it or just reaction to it and quiting to get a more “safe and secure job” or trying to get a manger’s position to get more money, I got angry. I got angry and said to myself: “This shit needs to be owned.” Since that day forward I have been trying to master money – to have it work for me. I know that it will be a life long lesson and that it will require one to understand and master himself more than money. But the rewards for doing so is priceless and timeless. So instead of just reacting to your emotions and then working to build nothing for 40 years, stop and think. Be honest to yourself, don’t worry if you do not have the how-to’s yet, know what you want first and start owning.

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by Henry

Money and Happiness

December 3, 2006 in Education, Money Making Ideas, Self Development, Wealth

I recently spoke with a friend over lunch. We haven’t spoken in awhile nor had lunch because of busy schedules during work. My twin and I go out for lunch almost everyday at work while others just stay in their cubicles eating soggy sandwiches. During our lunch, he had asked how our businesses were doing and I replied that they are going very well and that the goal we set for our monthly passive income profits were being met. He then went on to ask us if that made us content or happy, or if that just made us want more and more money.

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A lot of people who are probably just jealous of others with money or grew up with negative thoughts and attitudes about money would just love to say that money does not buy happiness and that getting money will just make you want to get more money. Or that rich people are greedy. Our friend is not like this but wanted to know how it felt like to reach a goal we had shared with him a while back. For a few minutes we sat there, and I really thought about how I felt and what I was thinking when I reached my goal. I looked over to my twin and I could see that he too had realized what he had felt when reaching our first financial goal.

Reaching our targets and technically getting out of the rat race felt like just receiving a new IPod or VooDoo PC or new toy. We were filled with joy for the first few days but then it just died down, and we wanted more. We raised our targets and followed our plans to reach our new targets. “But does it bring happiness?” my friend asked. My twin and I said “No, not really. Having more money does not make us happier but it sure does not make us any more Un-happier or sad. And if we had a choice we would prefer to have what we are getting today than be in the situation of receiving just our high paying salaries.”

It got me thinking to a time not too long ago when my twin and I were aiming at getting just a constant 50 dollars a day. Once that target was reached and was consistent, it felt normal to us to be getting that much a day. In fact receiving less than our targets will make us feel like something is missing. We expect to receive a certain amount each day from our businesses and just can’t imagine living without it. We can’t go back as you would say.

“If it does not make you happier, then why are you trying to make so much money?” our friend asked after a soda break.

We answered: ” We make more money because we know that it is just a game. Money is just a game and we play it to win. Does that mean we are stressed out all the time or have to work super hard to get more money or be very smart or rip people off or sell drugs? No. In fact our businesses don’t take that much effort anyway. We make 2 times (and growing) the monthly professional salary with our businesses with less than the (9 to 5) 40 hours a week day jobs we go to. Our businesses and investments give something that people want and are willing to pay for. We can quit our jobs and go full force at our business ideas after we reach our planned net worth. We don’t want to work for the rest of our lives and have a solid plan with action and momentum to back it up. No, getting more money does not necessarily mean that we will be happier in the future. Instead, getting more and more passive income gives a person a stronger sense of security, more confidence, makes him stronger, and gives him more freedom with more options.”

We discussed more about other goals besides money and business and saw that reaching goals don’t really make us any happier but defiantly does not make us less happy. Just like getting to weight you want, or getting your diploma, or finishing a project. Reaching goals develops us as human beings. We feel stronger, more confident in our abilities, and have a greater sense of personal power. The journey we took to reach our financial goals are traveled by a few. Thinking about the company we work for and the employees there, my twin and I know that most likely it is just the two of us who are doing this and just a handful of employees are striving to reach goals to get out of the rat race. One last thing that we noticed about happiness and money is that getting more money usually happens when we are just happy; when we feel that our business is going well and feel like we are heading in the right direction. The pursuit of happiness and feeling happy does not require reaching goals or being out of the rat race. You just have to let it in. Feel happy and you will get more of it.

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