Written by Lance Hood
Friday, 18 June 2010 08:34
Ever been in a meeting but you were so nervous about what could go wrong that ironically nothing went right? Do the old switcheroo and think instead about what you do want to achieve. Let the internal representations you make about a situation be positive and directed toward a goal you have.
Believe it or not, there are ways to achieve financial freedom even when burdened by debt and constant marketing messages telling us we need more. With Positive Thinking and a willingness for creative thinking you can forge your way to success.
As the modern-day Napoleon Hill, Lance Hood shares key passages from his interviews with some of today’s greatest Success Coaches. He was thinking about financial independence today. Financial independence roughly means that you have enough money to where you no longer have to work another day in your life. Creating wealth with Positive Thinking sounds simplistic.
Yet, Lance Hood wants you to consider some tips I learned from Matthias Schmelz a multi-millionaire he met who is completely financially independent.
1. Starting now, pay yourself first. Start saving 20% of your income, regardless of how much you are able to save, this get you moving in the direction of financial independence.
The key: Have it saved before you even touch it. If you still have a job, coordinate with your employer or your bank to have the money saved before you even see it. You can be your own worst enemy so don’t give yourself a chance to be tempted.
2. Negotiate before you buy. This means you have to step outside your comfort zone and ask for discounts. Feeling embarrassed, shy, or ashamed? Forget about it! You’ll be amazed at what you can get in return.
The key: Be willing to walk away. If negotiating isn’t work well with one business, be willing to find another. This rule applies not only to expensive items but low-cost items as well. You can end up with a better deal than you had planned.
3. Earn more. It’s difficult to achieve financial independence when you’re loaded down with a mountain of debt. And it can be even tougher to know how to pay off debt and save money at the same time. Earning more is the solution. Look for ways to increase your income rather than focus on ways to cut back. Cutting back is difficult to do and will rarely give you the results you are looking for.
The key: Think big. Set your goals of additional income, higher than even $1,000 or $5,000 more per month. Aiming for an extra $10,000 or $20,000 is important. The higher you aim, the better your results.
4. Know your limits. Even as you become successful, roadblocks will appear. You may reach your peak abilities and be unable to grow your projects any further. It’s at this time you have to decide what your going to do: sell your business, close it entirely, or hire someone to run it for you.
The key: Keep in mind your end goal and have a vision. Whatever you decide, be humble enough to admit you no longer have what it takes to keep the project going at its current momentum. Many successful entrepreneurs (ever heard of Bill Gates?) have brought in leaders to take over and grow their companies further.
5. Invest wisely. Easier said than done, but not impossible. Surround yourself with experts who can help you with the money and assets you do have. Further, decide whether you want to invest your assets in one big project, perhaps your own, or in something smaller such as mutual funds.
The key: Be realistic. If you have a small amount saved up, a mutual fund may be more appropriate. If you have considerable assets and a high risk tolerance, then investing in your own company or buying another, may be the right move.
Lance Hood and Heartland Success is dedicated and committed to helping people succeed in their personal and business life by providing access to millionaires and experts, success coaches, in wealth creation and personal development through interviews and other resources. Lance promotes personal development seminars. With this type of resource, proper application and dedication, the chance of being successful is increased. Lance will provide the ultimate in training and discovery by providing a team of experts from which people can learn skills in prioritizing and glean information via teleconferences and monthly interviews. Heartland Success will do whatever it takes to assist anyone on achieving their goal. People from all over the world can benefit from these strategies. This is such a great opportunity for people to expand their horizons by way of modeling someone by reading their books, watching their teaching DVD’s, listening to interviews and much more.
Visit Lance Hood’s website at: http://www.heartlandsuccesstoday.com/
Suggested reading for your personal development: Think and Grow Rich by Napoleon Hill
This press release was submitted by Right Now Marketing Group.
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From Release-News.com published on Friday, 18 June 2010 08:34
