These 3 Assets Are Key To Financial Success | How To Make Money Like The Rich
You often hear that in order to become rich you must develop assets that will pay you over time this could be in the form of digital assets like a website or tangible ones like a rental property and well both of these things can contribute to your financial success
There are three assets that will make or break your financial future and in this article, I will share with you three assets that are key to financial success.
#1 Your mind
when I was a kid I hated in fact very recently I was talking with my dad and he admitted that he was surprised at how much education I ended up getting given that in the beginning, I had an aversion to the classroom now if
you asked my dad he will give you the same advice that most people in his generation preach that a degree is a pathway to financial stability and quite frankly he's not wrong using my formal education
I have been able to secure jobs at very high profile organizations but unfortunately, that's all the degree
will ever give you financial stability
Sadly it was only after I had invested tens of thousands of dollars into my education that I started questioning what the true merit of school really was and if my 7 plus years in college were worth it
You see school does itself a disservice because it makes you perceive learning as a boring and tedious chore this is why young people hate education school makes people focus on a nearly useless piece of paper called a degree instead of them focusing on learning.
school makes you sit down for four years to learn in theory what you can go to learn in the real world in six months moreover it makes students care more about the grades they need to graduate than the knowledge that will actually help them succeed in the working world
A lot of my friends locked the passion for learning that I have and quite frankly I can't blame them given how school squanders many people's thirst for learning don't believe me ask 10 people who have graduated from college in the last 10 years and ask them how
many books they have read conferences
they have attended or courses they have completed since finishing their formal education because there is no degree or certificate attached to these activities
they don't want to invest the time and energy into them but if you genuinely want to be successful in life you should
spend as much time as you can investing *in your mind and then applying what you've learned
the best part is that unlike school much of this self education is free. You can take books out of the library set up conversations with mentors and start watching educational videos on YouTube with costs not being an issue. fill your mind with knowledge
#2 Your relationships
I've said it before and I'll say it again you are the average of the five people you spend the most time with this saying from my personal experience is true and should be taken seriously if you want to achieve the success in life you desire
you see years ago I was not that selective in who I spent my time with that meant that I would spend time with those that added a ton of value to my life and others didn't and as the
demands for my time in life became more expansive and my aspirations in life changed I knew that I needed to be more selective and who I shared my time with for instance when I was in the process of getting my CPA designation
I spent a lot more time with my classmates who helped support me in my studies.
Slowly but surely I started to spend less time with my friends who would just sit around and gossip and spent more time with creators that I could share my ideas with and learn from when I look back at my life today I can say without a doubt that I would never have been successful if not for the kind of people
I associated with my academic and business journey up until today has been full of successes and failures and the only reason I was able to persevere was because I had quality people around me.
It could be the friend who guided me towards a certain book or course or a mentor who gave me advice on taking one
job offer over another what you need to realize is that your success in business and in life in general cannot be attributed to one single person your success is the combination of advice support and care from those around you
which is why you need to appreciate and cultivate this asset if you want to be rich and this effort needs to be deliberate for myself personally I keep a list of individuals I must stay in contact with and then reach out to them on a regular basis set up calls or meetups so that these great people continue to stay in my life like investing in your knowledge building relationships takes time and effort but the rewards will be great if you stick
with it.
#3 Your Aspirations
One of the most treasured things that each one of us possess are our dreams and aspirations some people dream of owning a massive home and a fancy sports car and others want to travel the world and see all that planet.
Earth has to offer whatever your goal may be the important thing is that you remain steadfast in your pursuit of this
end result no matter what unfortunately this is easier said than done .
many people have enormous dreams but they struggle to find the willpower and determination to get started.
the issue is that they look at their end result and see one of two things a long path that seems nearly insurmountable or no path at all no both.
these scenarios present issues and are why many people fail to start the journey to achieving their lifelong dreams.
you see when you have a long path to venture such as building up a large YouTube channel you may have a decent idea of what activities you must undertake to be successful.
Of course you have to determine what the channel will be about then determine how you will script and shoot your content essentially you already know the steps that it will take to get you from where you are today to where you want to be.
However in the second circumstance things are different not having a predefined path to your goal can not only be frustrating but debilitating as well for instance.
If you have the goal of traveling the world there are a ton of different unanswered questions that you need to address how will you get the time off work how will you finance your
endeavor or who will you travel with these roadblocks are just a few questions that must be answered in this particular situation but they can be enough to stop you in your tracks and hinder your ability to realize your dreams unfortunately for most people
there simply is no time to waste when trying to achieve these goals. I say waste because the achievement of
goals is not a linear path throughout your journey you will face all kinds of failures and adversity you'll make mistakes lose money, get rejected and go through a rollercoaster of emotions which is why the best time to start working towards your goals is now.
my path to success is no different when I first started trying to build an online business I faced a lot of failure in first.
If you want to achieve your aspirations don't wait another second and enjoy the process towards your future rich lifestyle.
Thanks for reading