How people become richer because they have a certain value-system!
> They do what they love and love what they do. And they dream big!
> Being passionate about their work, they work hard and work smart…and strive to become the best.
> They try and ensure that every rupee they spend delivers the right value.
> They are not stingy, but they hate waste.
> When they invest, they seek to make the best returns (Beware! ‘Best’ shouldn’t be confused with ‘maximum’ returns. It is about astutely managing risk vs. returns).
> They understand the power of leveraging and employ appropriate techniques to “multiply” money (and not just ‘add’ money).
> For them risk is an ally, not an enemy.
> And finally, of course, they are patient. They don’t rush things, but wait like a tiger for that perfect moment to make their move.
Simple! Isn’t it? You knew these things all along. Am I right? Well, then what are you waiting for? Why are you still struggling with your 9-to-6 job (or is it 9-to-9 nowadays)? Why aren’t you financially independent?
Why aren’t you rich…yet?
Well, that’s because you find the whole formula too time-consuming and cumbersome. The problem lies, not so much in understanding it, but in implementing it. In today’s fast-paced world, where things work at the touch of the button, it seems anachronistic to expect people to work hard and be patient. No one wants to put in all the hard work and then wait until those efforts bear fruits. They would rather sit at home and hope to win a lottery or hit a jackpot.
Yes…the formula does test one’s patience and commitment. But let me assure you, it is only the beginning that’s difficult.
You know how it is with a car. When you start, it takes some time to overcome inertia and pick up speed. But thereafter the acceleration is much faster. Remember the good old Newton’s law you studied in your school? Same thing with your wealth creation too…once you pick up momentum, it becomes easier and easier…and easier.
You have to be patient in the initial years. But later the growth will be exponential. Thus, you will achieve your financial independence much sooner than what may initially seem to be a long and interminably wait. This is the magic of compounding. Even a genius like Albert Einstein was a great admirer and supporter of the method of compounding.
The crux of the matter is that if you are good at managing money, even little incomes can be built into big riches. But if your money management skills are poor, you may not only remain poor despite big incomes, but could also land up in a financial mess.
The sun’s rays are available to everyone. However, only those who focus them using a magnifying glass are able to convert it into fire. Everyone earns income. However, only those who single-mindedly use a ‘wealth-magnifying’ formula are able to convert their income into wealth
> They do what they love and love what they do. And they dream big!
> Being passionate about their work, they work hard and work smart…and strive to become the best.
> They try and ensure that every rupee they spend delivers the right value.
> They are not stingy, but they hate waste.
> When they invest, they seek to make the best returns (Beware! ‘Best’ shouldn’t be confused with ‘maximum’ returns. It is about astutely managing risk vs. returns).
> They understand the power of leveraging and employ appropriate techniques to “multiply” money (and not just ‘add’ money).
> For them risk is an ally, not an enemy.
> And finally, of course, they are patient. They don’t rush things, but wait like a tiger for that perfect moment to make their move.
Simple! Isn’t it? You knew these things all along. Am I right? Well, then what are you waiting for? Why are you still struggling with your 9-to-6 job (or is it 9-to-9 nowadays)? Why aren’t you financially independent?
Why aren’t you rich…yet?
Well, that’s because you find the whole formula too time-consuming and cumbersome. The problem lies, not so much in understanding it, but in implementing it. In today’s fast-paced world, where things work at the touch of the button, it seems anachronistic to expect people to work hard and be patient. No one wants to put in all the hard work and then wait until those efforts bear fruits. They would rather sit at home and hope to win a lottery or hit a jackpot.
Yes…the formula does test one’s patience and commitment. But let me assure you, it is only the beginning that’s difficult.
You know how it is with a car. When you start, it takes some time to overcome inertia and pick up speed. But thereafter the acceleration is much faster. Remember the good old Newton’s law you studied in your school? Same thing with your wealth creation too…once you pick up momentum, it becomes easier and easier…and easier.
You have to be patient in the initial years. But later the growth will be exponential. Thus, you will achieve your financial independence much sooner than what may initially seem to be a long and interminably wait. This is the magic of compounding. Even a genius like Albert Einstein was a great admirer and supporter of the method of compounding.
The crux of the matter is that if you are good at managing money, even little incomes can be built into big riches. But if your money management skills are poor, you may not only remain poor despite big incomes, but could also land up in a financial mess.
The sun’s rays are available to everyone. However, only those who focus them using a magnifying glass are able to convert it into fire. Everyone earns income. However, only those who single-mindedly use a ‘wealth-magnifying’ formula are able to convert their income into wealth
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