Be Swift and Decisive Like The Wealthy

3 Wealth Building Strategies Of The Rich Exposed

By Augustine Mwanje

Isn’t it interesting that so many people hear about wealth building strategies of the rich, but so few people ever seem to get around to implementing them? In this article we are going to look at 3 wealth building strategies of the rich. Before we get started, if you are not yet rich, you need to understand what is preventing you from being rich and start doing something about it.

Now let us get to the strategies.

1. Invest to win

If you do not know how to multiply your money, your chances of getting rich are rather slim. The good news is that no one is born with this knowledge, and with a little effort, you too can acquire it. There are only two kinds of investors; the successful ones, and those who give up too soon. Rich people invest to win, while most poor and middle class people invest not to lose. There is a big difference between the two strategies.

2. Be decisive

Most people who do not achieve much in life take too much time making simple decisions, and change their decisions very quickly. Once you make a decision, go with it, make it work, and do not look back. You cannot wait to have all the information before you make a business decision because you will never have all the information.

If you don’t completely and honestly believe in what you’re about to do, don’t do it, otherwise you will probably fail. In most cases poor results are brought about by self-doubt.

3. Take immediate action

When you identify a business opportunity, take advantage of it right away. Do not wait for the moon the stars and the sun to be aligned. My mentor used to tell me that if you think of a money-making idea, implement it right away or else someone else will identify the same opportunity and take advantage of it while you are still procrastinating.

The average professional corporate worker will spend years going to school and then they will get an average job with average income. They will spend the next 45 years of their life working up the corporate ladder until eventually they have enough money to retire. In most cases they never earn enough money to retire and they are left to depend upon social security.

The sad part is, for a good fraction of these people, the 45 years are filled with working at jobs they don’t like with bosses they can’t stand. They fail to build wealth even with the knowledge of wealth building strategies of the rich. They eventually feel cheated and then look for someone to blame. Do not let this happen to you.

Looking for more information on how to be rich? Visit http://www.secretformulaforwealth.com today and download a FREE eBook “7 Wealth Secrets of The Rich Finally Revealed!”

Article Source: http://EzineArticles.com/?expert=Augustine_Mwanje
http://EzineArticles.com/?3-Wealth-Building-Strategies-Of-The-Rich-Exposed&id=5855491

 

 

Check Also

Agilent Technologies Stock (A) Rose More Than 7% Today After the Company Reported Fourth Quarter Revenue of $1.29 Billion

Agilent delivers outstanding quarter wrapping up an excellent 2018

Two ICO Issuers Settle SEC Registration Charges, Agree to Register Tokens as Securities

SEC Imposed civil penalties on ICO security issuers who did not register their ICO offerings with the SEC...

Bitcoin Crash Sets Stage for Minting New Millionaires

Are you ready to become a Cryptocurrency Millionaire?

EURUSD Currently Displaying Short-Term Bullish Character…Be Very Cautious…A Reversal Could be Eminent at Any Moment!

Eurozone Weak Economy Taking a Toll on EURUSD Currency Pair

Possible US Central Bank Cryptocurrency Coming Soon! Vice President of Research, Federal Reserve Bank Hinted…

Federal Reserve Central Bank Cryptocurrency Possibly Coming Soon!

Apptio, Inc., Went Private…Sold to Vista Equity Partners… Are Shareholders Getting a Fair Deal?

Apptio (APTI) Alert: Johnson Fistel Investigates Proposed Sale of Apptio, Inc. to Vista Equity Partners; …

Crocs, Inc., Stock (CROX) Jumped 26.66% to $27.80 Per Share on Thursday After the Company Reported Third Quarter Revenue of $261 Million

Crocs, Inc., Reported Earning Increase of $261 million; Comapany's stock CROX leaped 26.66%.

%d bloggers like this: