Monday, March 10, 2008

Has School Really Taught You What You Need To KNOW?

Here at Investment Realty we deal with a lot of clients that are doing the best they know how, to get ahead in terms of their financial position. They are looking for more avenues in which to increase their wealth.

Because we help our clients with their wealth strategy .... we have come to notice a couple of things. That despite their degree's, qualifications or pieces of paper that they may have accumulated over time from various institutions that this does not mean they know how to accumulate wealth.

In fact I would go as far to say ... that school does not teach you anything about how to accumulate wealth or achieve financial freedom.

Don't believe me? Well heres some proof. Here is a list of Self made Billionaires That Dropped Out Of School.

But really think about it for a moment. Because i think a lot of us, go through primary school, high school and university without even thinking about any of this stuff. Yes we go study business studies but this doesn't mean that at the end of the course that we will know how to run a successful business.

Far from it.

Why do you think that more 90% of business within the first year fail? It's not because the people didn't have a degree in business or what not. It is perhaps because they were not taught the real skills of what it like to run a real and successful business.

Let me give you a little analogy. Its kind of like reading up on how to eat a cake and actually eating that cake. Its like reading a book on how to swim and actually swimming.

In case you guys didn't notice there is a difference between the two. One is theoretical and the other is practical. Schools and university and the majority of courses are purely theoretical.

Here is a thought.
If you were a sole trader and you had a customer service position open.You had the choice between two candidates one that was fresh out of university with all the appropriate qualifications for the role. Or one without a university degree but with 5 years customer service experience.

Which one would you choose?
It makes common sense right? That you would pick the one with more experience .. well i know i would anyways. So what am i trying to get out? Well all i am saying that it is time for us to start looking outside the boxes of our own limited thinking. The answers that we are looking for are out there ... but in a place that we assume that they are not. Its like to open out minds and be open to ideas and concepts rather than rejecting them.

From what i have experienced so far ... the one major difference between those that make it in life and those that do not ... is not how many qualifications they have or have not got. But rather there ability to apply certain ideas and ways of thinking into their life to get successful results. There ability to think outside the box. N their ability to think beyond what the schools teaches us.

But thats what i have to say. what do you guys think. Do you think that school adequately prepares us for life? Or does school just make us a good employees Just great and well behaved cogs in a wheel?

Let me know your thoughts,

Young Investor

If you want to get weekly updates,
subscribe to the RSS feed

Friday, March 7, 2008

Without Love - There Is No Money

You guys must be thinking ... what is she on about?! What do i mean when i say "Without love - There is no money"

Well let me tell you....

I'm talking about passion. I'm talking about burning desire. I'm talking about heart. Stop doing what makes others happy and start doing things that make you happy. Stop living by someone else's expectations and start living by your own.

Ever heard the term "Do what you love and the money will follow"? Well thats what I based this post on. I really believe that each and every one of us was put on this earth to contribute something. Maybe its something grand. Maybe its something small. But whatever reason why we are here, its because there is a grander purpose.

Not only do we owe it to ourselves to follow our passion ... we owe it to the world.

What would the world be like if Oprah didn't pursue her dreams? What would the world be like, if Bill Gates didn't pursue his vision and passion for his business? What would the world be like if Anthony Robbins let the best of them get to him? I can tell you, that the world would not be the same today, if these people didn't take the opportunity to step up and express themselves and pursue those things that they hold close to their heart.

So how does this relate to investing? How does this relate to making money? Here's the thing. When you find a passion for what you do. It no longer becomes like work. It becomes something that you want to spend time on. If you are passionate about something, people will also believe in the beauty of your dreams. Its infectious. Its exponential! If you are passionate something, you help build that belief inside yourself. And it is that belief that will propel you to move forward.

So when it comes to investing. Find something that captures your interest. That you understand. That you are comfortable with. When it comes to your career. Do do something that fills that burning desire in you. Do something that you can leave as a present to the rest of the world. Not only does that help riches come your way, but it also leads you to a happier and more fulfilled life.

With that said. I'm going to leave you with this very famous quote by
Nelson Mandela. I believe in this quote, he states the greatest truth of all.

"Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness, that frightens us most. We ask ourselves, 'Who am I to be brilliant, gorgeous, talented, and famous?' Actually, who are you not to be?

You are a child of God.
Your playing small does not serve the world. There is nothing enlightened about shrinking so that people won't feel insecure around you. We were born to make manifest the glory of God that is within us. It's not just in some of us; it's in all of us. And when we let our own light shine, we unconsciously give other people permission to do the same. As we are liberated from our own fear, our presence automatically liberates others."

Nelson Mandela-1994-Inaugural speech excerpt by Marianne Williamson

Young Investor

Like this post? Want more? Subscribe here

Its Not How Much Money You Earn - Its What You Do With It

How many times have we heard it? Young studs who all of a sudden come into money. It's even happened to the best of us. Anthony Robbins. Will Smith. A lot of the movie stars go through it. A lot of entrepreneurs go through it.

What am I talking about exactly? Well more specifically I'm talking about self sabotage. And more specifically I'm talking about getting back to the basics when it comes to managing your money.

Anyone heard the saying, the more money you earn the more you spend? This is especially evident in the scenarios where your average Joe wins the lotto and then you check back on him 5 years later and he is in even bigger debt than he was before. Just with nicer shoes and a better haircut.

But why does this happen? Well let me share with you another famous saying. "Its not how much money you earn, its what you do with it" A lot of people are in the financial situation they are in right now because of the way they manage their money. This is tied deeply with spending more money than you can earn, and not putting money aside to invest it.

In terms of Anthony Robbins, well let me tell you a little bit about his story. He came into a lot of money when he was quite young. Doing speaking and seminars. This was such a contrast from the life that he came from, which was poverty riddled. He came across two problems when this happened. Firstly he still had all his old friends around him, and they would cut him down because he wasn't like them anymore. N because of this he self sabotaged himself and gave all his money away or spent it like there was no tomorrow which resulted in him begin in a worse position than when he started.

What is the lesson in this? Firstly that if you want to attract wealth and money into your life then you are going to have to have the mindset to be able to keep it. Secondly as part of that you are going to have to go back to the fundamentals. Like paying yourself first. Buying luxuries on a reward basis. Consistently investing a proportion of your money. And the more you build on creating an abundant and wealthy mindset the easier this becomes.

With that in mind, remember that money does not equal happiness. Money will not make you feel more fulfilled. Money will not make you feel more loved. These are all thing that you must find within yourself first before you can really understand the benefits and lifestyle that money will bring.

Young Investor

Like this post? Want more? Subscribe here