If you look closely at your social network you will find that everyone in that group are of similar mindset and have very similar incomes and general net worth.

Very rarely will a group of people who regularly interact socially be made up of a combination of wealthy people and average people. The only exception I have seen to this is in the remote opal mining communities.

The reason for this is that all of the people in that group have a similar attitude and a similar level of awareness, therefore, they can relate to each other. As your level of awareness grows so too will your income and you find that your social network will also evolve.

I’m not suggesting for a moment that you need to throw out all your old friends and start hanging around with wealthy people. They would probably just think your stalking them and have you arrested.

What I’m saying is that to develop the mindset of a wealthy person you have to have some exposure to wealthy people and also people on your level which are looking for the same thing you are, so you can grow together.

There are plenty of self made wealthy people who are prepared to teach you the skills you need to become successful. The best way I have found to get that exposure is to invest the time and often the money to attend a wealth creation seminar. In my opinion the best seminars are the ones which will cost you to attend. These tend to attract a more focused and committed audience.

We have met some amazing people from around the country at these seminars and stay in touch with them regularly. These are the people that will help you stay focused on your goals and offer support not negativity.

As you become successful you will usually lead your regular social network on the same path which will strengthen your relationship with them.

Bye for now

Tim

Why do you want to be wealthy? You may think this is a silly question. Doesn’t everybody want to be wealthy? The problem is, is that not many people understand exactly what being wealthy is. Generally people who aren’t wealthy believe that being wealthy means to have a lot of money.

Having a lot of money is only a by-product of being wealthy; it’s not the definition of wealthy. If you want to become wealthy, simply to have a lot of money then in actual fact you want to be rich. The term rich refers only to money. Rich doesn’t necessarily equate to a happy and fulfilling life. It does however; provide a better quality of misery.

The simple fact is that anyone who thinks a large sum of money will make them happy and fulfilled is in for bitter disappointment. This is why a lot of Lotto winners wind up wishing they never won. The reason is that they never understood the responsibility involved in having the money and the potential negative impact it can have on your life if you don’t first develop the tools required to handle and distribute large sums of money.

In my opinion, being wealthy means creating the lifestyle that most suits you by using money to make more money and being able to sustain that lifestyle without the requirement for a massive commitment of time and effort.

So the first thing you have to do is define what lifestyle is. How much free time do you want? What activities would you like to pursue and what will it cost? This will help you to choose the types of investments you will make.

Do you have a particular skill which you would like to use as the basis for a business venture? If so, how are you going to invest the profits? What is your exit strategy? Do you want to build the business up and sell it and retire, or do you intend to develop it to a point where you don’t need to be there anymore?

These things must be clearly defined and take careful planning. Every business or investment strategy requires direction to remain focused and to survive. It also has to have a clear cut purpose otherwise there is nothing driving it.

The majority of businesses that fail do so because there is no plan or purpose, so define these things first then do your research before you start. Then you will understand the difference between having money and becoming wealthy.

Bye for now

Tim

There is a common misconception in the community that to be successful involves an endless quest for the accumulation of a vast some of money requiring an enormous amount of sacrifice, a great deal of time, an exhausting amount of energy and in some cases a whole lot of luck.

The truth is there is a lot more to success than money alone. Truly successful people believe the exact opposite to be the case and rank money about fifth down the scale of priorities in their life behind things like health, personal growth and development, great relationships and phenomenal life experiences. Money is simply a tool used to achieve the goals above it on the list.

If there is one thing I’ve learned in my own quest for personal success it’s that the true definition of success is abundance in every area of your life, this starts with great relationships. Your level of success is largely dependant on how well you relate with other people. This is a skill to be developed like any other.

In fact if you truly want to become successful or acquire abundance in your life then there are a number of skills you have to develop first.

The first and most important is to develop the mindset of success. This means to set aside all of the thought patterns and beliefs you have been conditioned with and start with a completely open mind and clean slate. The level of success you have achieved so far is a direct result of your conditioning and if you want to change your results you have to change your actions. To change your actions you must change the way you think and make decisions.

Success is about defining what it is you truly want out of life and allowing your mind to develop the thought patterns required to achieve it.