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Here you will find information about: Mental Wealth, Spiritual Wealth, Monetary Wealth, and Physical Wealth.

Information will come from the many brilliant minds we have studied including Robert Kiyosaki, Jack Canfield,
Sam Beckford, Timothy Ferriss, and more!

Our mission will be to provide a realistic application of useable knowledge from these teachers and experts.

We will show you the source of the information, and how we applied it. The Path to Wealth Starts Here..


21 Days to Discipline:THE RESULTS

August 17th, 2007

I have finally completed my 21 Days to Discipline experiment. Well, it has been a little longer than 21 days but either way I have some great results to share with you. I have found a lot of new information about myself over that last month and in the following post I am going to explain it to you. I have tips that worked for me and some that didn’t. It’s up to you to decide what best fits your needs and how you want to approach your own 21 days to discipline. Here we go: 

What Didn’t Work 

1.) Too Much 

This is fairly easy for me to explain. If you want to succeed at this, DO NOT OVERWHELM YOURSELF. Simply start with small manageable goals. What I stated in the first post was that I was going to be doing ten things a day that were related to personal goals. I was also going to do three business related tasks. With a total of thirteen tasks to complete in a day it got a little tedious. For the first ten days I blew through it like it was nothing. After that I started to gradually work my way down to ten tasks. This made completing the goals a lot more manageable and I finished with quality work.  

2.) Wrong Time of Day

Another thing I noticed that didn’t work out for me was trying to complete some of my tasks at night. I am normally a morning person but life sometimes got in the way and I was forced to continue my goals later on in the afternoon. By this time I had some of the family home and my ability to concentrate was diminished. I soon found out that I had to get as much done as I could before 12:00 PM. By this time anyway my mind is getting tired and I just wanted to relax. By working hard though, and having my tasks done before lunch I was able to have some free time to read or study. I also had the satisfaction of knowing all of my daily tasks were complete.  This became win-win for me.  

What Did Work 

1.) One Free Elimination  

I made a rule for myself that stated I could miss ONE task and carry it onto the next day. I wrote about this in Part II but recently realized that this helped out more that I thought. Often time’s life gets in the way and we are forced to drop what we are doing. This is why this rule was created. For those times you might not be able to complete everything, feel free to drop it off onto the next day. Trust me, it’s a life saver.  

2.) A Rolling Stone Gathers no Moss  

Once you start working on your daily tasks, DO NOT STOP! Keep your concentration focused on getting your tasks done.  I have found that once I start working on the tasks I do not quit. I build momentum and it takes me to my ultimate goal of daily completion.  Keep this in mind when you are trying to talk your way out of working. Once you start you will find that you just keep going. This is important for everything that you do. Want to learn Spanish? How to play the piano? Read a book? Start and let everything else fall into place. If you don’t believe me then try it for yourself and see what you get. I guarantee you will not be upset with the results.   

So What Were Your Results Matt?  

Over the past 21 days I completed 171 tasks/goals. This to me is phenomenal. Before I started committing my goals on paper I probably completed an estimated three tasks a week. If you do the math, it comes out to about twelve tasks a month. That is around a 2000% increase in the amount of goals I completed over last month. And to think, my only secret was writing my daily goals down and being committed to finishing them.  So to our readers I say this, “Look at the proof.” If this does not prove to you that discipline can be learned in 21 days, then I do not know what will. Either way I know I am personally on the right track and wish the same for all of you. Remember to just start small and you will be amazed at how many tasks you can complete. If you had the chance, thank you for participating in this post. Please look forward to more measurable posts I will have on soon. Thank you!

Roadblocks to Wealth: Failure

August 13th, 2007

No one wants to be looked upon as a failure.

Most people fear failure and attempt to avoid it at all costs. In fact they will actually decline opportunities that come around simply because of this paralyzing fear.

The neat thing about the average American habit is that they do not fear failure if they are part of a large majority or there is minimal initial risk. If “everyone” loses then its OK, or if you have little to lose then everything is fine.

Example 1: Most people enjoy some form of traditional gambling. From lotteries, bingo, to the poker table, people like taking a chance on the hope they might get a large sum of money. They do this even though it is well known (if not clearly stated) that they will not succeed. Scratch off lottery tickets have odds printed on the ticket. Multi-state lotteries have published odds of winning. Casinos offer specialized games of chance that have predetermined odds in their favor. Yet people flock to these chances to the tune of billions per year. They have no fear because they expect to lose and know everyone else will too. They also believe that since small amounts of money are involved that it is less risky. How many people do YOU know that have won at one of these games of chance? How many of those people won over $100,000? Over 1,000,000?

Example # 2: Most people give up on their dreams to be extremely Wealthy. Most children have dreams of becoming anything they want to be. A movie star, an actress, professional athlete, a millionaire, a billionaire you name it. At some point though many give up on these dreams because they find that it requires a lot of hard work. They look around and notice that there is no friend, relative or acquaintance that has been able to do this. They hear the preaching of practicalness and let go of their ultimate goal. In short they fail, but they did not fear this. They had almost nothing invested in this grand life of the future and therefore it was easy to let go.

The thought of Failure actually prevents people from taking advantage of good opportunities. This is a major obstacle to overcome. At the Minds of Wealth we want to show you the path to Wealth.

A major roadblock on this path is Failure.

If you have developed a Habit of Failure we suggest pulling a tip from The Power of Focus. Eliminate this bad habit by developing a new habit with the polar opposite idea: The Habit of Success.

Here is how we suggest you treat your thoughts on Failure to develop Success:

You must accept the fact that it will happen.

You must accept the idea that you will learn more from failure than success.

You must take the time to prepare for every investment but not let this preparedness stop you from proceeding when you are presented with an opportunity to succeed. You must proceed to succeed.

You must be open minded to reality. No single person knows everything, and no one can predict the future with 100% accuracy.

You must adapt to change. If the conditions regarding your original assumptions change you must be willing to accept these changes and adapt. Failure to adapt is a top reason for Failure at anything.

Visualize success. If you think about a successful outcome, feel the feelings of a successful outcome you will be successful.

Find others that are successful. The more you learn from them the better positioned you will be to follow in their footsteps.

We hope these ideas help you overcome one of the many Roadblocks to Wealth. Check out our other articles!

A.D.

Who wants to be Rich?

August 13th, 2007


Answer: Everyone.. don’t they?

Ok. So there is a small percentage of people in a capitalistic society that have no desire to be Rich, Wealthy, powerful or anything. I am happy for them because they are happy for themselves. For the rest of us…

You can attract wealth, you can work for wealth, but the only get rich quick scheme is the lottery jackpot.. I can only speak for myself, but I like better odds if I can find them. Most lottery odds are in the neighborhood of 1 out of 50,000,000. That’s .0000001%

It turns out that I have found some: 50% of most businesses fail in the first year. 95% after 5 years. After five years that still leaves you with a 4.9999998 % better chance than winning a lottery jackpot. There’s more good news.. you can increase these odds by preparing to start your business and running your business properly. The bad news with the lottery is that you could increase your spending by $50,000 a year for 5 years and still not win. Most people are afraid to fail even once, let alone multiple times.

Owning a business can be one of the best ways to create Wealth for yourself. You generally have two options:

1. Start your own business.

2. Buy an existing business.

The additional option is to start your own business using a piece of someone else’s business. That’s the story behind Appealing Lawncare LLC. Matt created a name and started buying equipment. He brought me on board and we were prepared to build a customer base from scratch. Before we could put our advertising strategies into action we ran into an opportunity to buy a targeted customer base and some additional equipment at an attractive price to revenue ratio. The bonus factor was that company was owned by an awesome couple that was able to provide us with the additional training and technique we needed to get started.

So, are we Rich yet? No. However we have created an asset that will create future passive income. Passive income is a key step on the Path to Wealth. This is something that we estimate 90% of people do not fully understand.

The final takeaway from this post is to focus on putting your money into assets and not worthless schemes. A key asset that we believe in is a Business. Please check our Business category for more information.

A.D.

Quote of the Day

August 10th, 2007

Things may come to those who wait, but only the things left by those who hustle.

-Abraham Lincoln

The Art of Delegation: How to Delegate - Part I

August 10th, 2007

Delegation is a very important part of any business. Without it you will soon find yourself overloaded with unnecessary work. Being able to find the right people to take care of your “Small Tasks” is a chore in its own, but a worthy chore at that.

By delegating, not only will you free up some time, you will also find yourself completing more important work.

I always thought to myself that I was the only one that could complete a job and complete it well. I felt that I always had to be there and that there was no one else that could fill my shoes. As you can tell, this was not that case and I soon found out that if I was not in everyone’s face they actually completed quality work without me.

Since I have come to this new discovery, I thought it would be helpful to share the information with our readers. Below I have some steps we have learned since starting Appealing Lawn Care LLC. Read on to see how you too can delegate some of your work.

1.) Training

As of right now we have two employees. Both of them have been working for us since the beginning of the summer and have been doing exceptionally well. During the summer I always advise the guys to pay attention to where we are going so that if I ever sent them off by themselves they would know how to get there. Also, during the beginning of the year I showed them what each customer wanted and how to approach certain situations, such as, disgruntled customers and broken equipment. To my surprise they took each situation head on and did extremely well. Little-by-little I showed them the ropes and taught them what to expect on a day-to-day situation. After I felt they were trained enough I sent then off on their own. I baptized them in the fire if you will.

This applies to any business you might have. No matter what it is you do, other people can do it the same way, if not better than you do. This is what I found out and by training and teaching my employees they finally were ready to become self sufficient.

2.) Trust

The next step that needed to be implemented was trust. Without it you will find yourself in big trouble. This is a very important trait that my partner Adam and I started early into our business relationship. Either way, you need to make sure your employees are trustworthy. I implemented little tests to see if they were worthy of further teaching. I would leave a little money out to see if it ever went missing. I would send them on errands, and I would ask them to deliver information to customers to test their shyness. Once again, to my surprise both of them did very well. They delivered some times bad information like price increases to customers and they were able to handle all of the errands I gave them. Keep in mind that a few SMALL mistakes were made but this is to be expected. I make mistakes EVERY day, my employees know this and I am aware that these small mistakes will happen from time to time.

3.) Commitment

Finally I had to see how committed they were to our business success. I tested this by seeing how well they listened to corrections and suggestions. If they did something wrong with a customer’s lawn I wanted to make sure they knew it, in a nice way, and that they worked hard to correct it. Then I paid attention to how much they complained and to their desire to come to work every day. Surprisingly enough they only complained when we had a drought and work was scarce. To be totally honest this shocked me. They wanted to work and they wanted to make money. They also came to work EVERY day without question. Keep in mind that sometimes it was ninety plus degrees outside and I made them wear a uniform type outfit to keep a professional image.

All-in-all they have grown to be great employees. They pay attention to detail and they follow instruction. Honesty and discipline are just a few other traits that come to mind when describing them.

So if you want to know when it will be right to delegate some of the work, practice the above steps. This took several months but was well worth it. Soon you will find yourself more engrossed with finding new customers and dealing with cost cutting strategies. After a while you will say to yourself, “How did I ever go so long without delegating?” Good luck with this process and feel free to leave a comment about what you think.


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