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Today, we dive into the fifth part of our series on “The New Rules of Rich”. Click here to view the previous article.
Rule Number 13. Can’t find it? Then Make it!
I have heard many people say to me – I just can’t find a way to lasting success! To which I always respond to them – if you can’t find it, then make it! If you can’t find a way then make the way! Be the way! Stop looking for the way when you can be the way. Why spend precious time looking for a future when you can simply create one? And did I just hear you say how do I create one? Answer-just ask Elon Musk! The man who created Paypal, Tesla, Spacex etc. yes he can teach you a thing or two about creating your tomorrow!
Rule Number 14. The Early Mover Advantage
Sometimes you have to act like the eagle to make it in life. The Eagle’s eye sight is at least eight times stronger than the human eye sight! Their vision is so precise that they can spot a rabbit up to 3.2km away! Which simply means that the eagle can spot an opportunity very far away before it becomes crystal clear. Many have used this strategy to amass significant fortune. The ability to spot and position oneself in an evolving opportunity before it matures is known as taking the ‘first mover advantage.’ By the time such opportunities come to full maturity there are mostly worth many times more than when they were simply ideas or far flung possibilities. It is always a good habit to look for areas where you can take the first mover advantage like an emerging technology, or a new stock, or a new way of doing things.
Rule Number 15. Be Rich to Be Rich
Ever heard the saying that ‘a poor man is poor because he is poor’ well you just heard it – poverty is a system, a system of poor ideas, poor habits, poor attitudes, poor expectations etc. I like the way the Bible puts it – according to Proverbs 10:15 “the destruction of the poor is their poverty.” But notice that the reverse is also true – the making of the rich is their riches! No wonder then that the rich tend to get richer! They have rich ideas, rich attitudes, rich expectations, rich egos, rich motives etc. They say your life is what your thoughts make it, so determine to think rich, act rich, say rich, be rich to be rich!
To be continued…
By Daniel R.
Buzwallet Contributor.
