What you need to change to become wealthy

subconsciousI kinda of find this article interesting, as it touch on the core element that oneself need to have or to improve along your wealth creation journey.

The original article, by Michael Yardney, can be found on http://www.smartcompany.com.au/finance/48777-why-you-need-to-change-to-become-wealthy.html.

Why is change difficult for many of us?

Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it.

Because change makes us move out of our comfort zones. It takes courage to leave something familiar and try something new.

One of the jobs of our subconscious mind is survival – to protect us. It likes to keep things the same preferring safety and security over the untested and unproven. Haven’t we all heard people say “better the devil I know than the devil I don’t know.”

We tend to believe that if we stick with what we know, with what is familiar, then we won’t get hurt.

The problem is that in terms of wealth creation, it’s not what we know that’s holding many of us back. It’s what we think we know, that actually isn’t so, that is holding us back.

Many people are not totally happy and successful. They are not as far advanced with their wealth creation as they would like to be. They haven’t developed the financial freedom they deserve. Yet they continue to do the same things over and over hoping somehow things will be different.

Think about it… if you keep doing the things you always did, you are going to keep getting the results you always got. If what you’ve been looking for was where you’ve been looking, chances are you’d have already found it!

Doing more of the same even harder and longer is not usually the answer. Being willing to change will usually create better results.

So what holds most of us back? It’s our Wealth Operating System – our financial blueprint – the programming we received as a child.

This was initially described by Wallace Wattles in The Science of Getting Rich and more recently by T. Harv Eker in his great book Secrets of the Millionaire Mind (a must-read for all property investors).

Your thoughts lead to your feelings – Your feelings lead to your actions and your actions lead to your results.

It is no coincidence that your inner world creates your outer world. The programming you received, usually as a child, leads to your thoughts, your fears and your limitations about wealth creation today.

So one of the first steps in changing your outcome is changing your thoughts.

How do you think about money, success and prosperity?

What do you say to yourself?

What is that little voice in your head saying?

For many of us our thoughts revolve around fear, scarcity and limitation. The problem is that what you focus on expands. If you think about fear, scarcity and limitation – what do you achieve?

Remember: Your thoughts lead to your feelings – Your feelings lead to your actions and your actions lead to your results.

Many of us need to intentionally change our way of thinking. We need to start thinking about prosperity, abundance and success to enable us to attract those very things.

So why are we scared of change? Why do we find it hard to change our way of thinking when change is natural? In fact, the only constant in the world, the only thing you can absolutely count on, is change itself.

It’s because of our programming, our wealth operating system.

Yet most successful people all share one critical characteristic – the trait of adaptability. They embrace change. They look for opportunities to expand and learn.

Another common characteristic of successful people is that they have a mentor and they belong to a mastermind group. If you continue to do the things you have always done, you will continue to get the results you have always achieved.

I believe it was Einstein who said “The definition of insanity is doing the same thing over and over again, but expecting a different result.”

 

Michael Yardney is a director of Metropole Property Strategists, which creates wealth for its clients through independent, unbiased property advice and advocacy. He is a best-selling author, one of Australia’s leading experts in wealth creation through property. Subscribe to his Property Update blog.

How to start your 2nd income using Internet

changes-in-technology-6336Changes that Internet bring on

Let’s face it, comparing with the past, we now order more stuffs online when we fancy some gadget or clothing. Review, comparing and book more flights and hotels either online or via our mobile than ever. More readily to share werid incident or voice out our comment/picture on twitter or on Facebook. The world is shrinking right before us as Internet is binding us even closer than before.
The up-rising of Internet play an important role in enabling the ease of wealth creation for the common people out in the street. Opening a retail shop is never easy, the owner need to fork out substantial capital just for rental, renovation and hiring. But with eCommerce players like eBay, Taobao and Weebly, they have create a complete solution platform for anyone to open their virtual shop in a instance! Furthermore this virtual shop run 24 hr a day, 7 days a week!
With the level playing field platforms these eCommerce players bring to the table, and together with other Internet innovations, it just simply spur growth in various sectors like Logistics and create new sector like Online Marketing and Online 3rd Party Travel Agent and more. Wealth creation has long spill from this eCommerce cup into other. Business owner can now have Social Media Audit to review their online presence performance. That was never being done in the past till Internet bring on the series of changes.
cat-saying-hooray_thumb1Ok, after knowing that Internet have changed our life, what can we do to leverage on it? Now we are in a much better time and position to leverage on these improvement and start our second income using Internet itself. Besides that, considering what will happen after the musical chair game (we referring to the series of money printing action by various economic bodies) end?  The world could possible plunge into another recession. Jobs will be lost if that happen. It is time for us to roll up our sleeves, and start to learn a skill or to use your current skill to generate income on Internet.

 

Blogging

After starting up your personal blog with sizable followers, you could relied on advertisement as your income. You can using services like Google AdSense, that post advertisement links on your blog. When your blog readers click on those advertisement links, Google AdSense will pay you of the advertisement commission. And with some luck and with your interesting, well-written articles, you could even being approached by companies who want to reach your follower base with graphical advertising in your blog. There are true stories of blogger that able to quit their day jobs and blog full time.

Freelance Your Skill Online

As Internet help to close up the distance between each continent, there are a lot of Project Market places  like Guru where people list their project requirement online. It range from programming to content writing. You could easily make your skill that you mastered in your Day Job and become a freelancer.

Sell Your Products Online

First of all, check and review your exiting hobby. You never know one of your hobby could generate product and create income for you. For example, you may love to take picture and that is of commercial value and you can start to sell online. One of my friend whom is very much into Wild Life and her picture is featured on NationalGeoGraphic http://yourshot.nationalgeographic.com/photos/5196177/ and she could easily started to sell it online(https://submit.shutterstock.com/). What could be better than to enjoy your favorite skill/hobby and get paid at the same time!

Besides your hobby, you could also sell product that you are familiar with. Just like one of my friend whom have his own label and sticker products, that is very popular with children and young adults, listed in one of the popular eCommerce platform Qoo10.

SEO Review

Search engine optimization (SEO) is a growing area for Internet-based employment. It is common for businesses to use SEO as a means to improving their results from a search engine as more people turn to search engine like Google to look for both products and services.

Working with Online Marketing Company, you could turn in as a contract SEO reviewer. Such job normally involve evaluation task by judging a user’s intent based on the key word combinations provided and your own knowledge of popular culture in the user’s locale. Then, you use a set of given guidelines to evaluate how particular search results match that user’s intent. As SEO is a ongoing online marketing process, it can offer a steady income for you.

Investment

What we mean here, is investment choices in the future and not now. Guess some of you may be puzzled of what i mean by “investment in the future and not now”. Although eCommerce, Logistics, Online Marketing and Online 3rd Party Travel Agent business are blooming, but there are a lot of danger lurking around ready to plunge the world economy into another recession. And it better NOT to invest in such industries now, unless you know what you doing. What you should do, will to be investing in the mentioned industries when we are in the mid of recovery of next recession.

 

We will love to hear from your guys if you have any another ways to generate income online. :)

Are You Too Old to Be An Entrepreneur?

When anyone mention this hippy word – Entrepreneur, this image of a he is in his early 20s, sporting some messy hair and probably in blue jeans and with a hoodie will appear in your mind.

One of the best representative of the word will be Mark Zuckerberg-Founder of facebook that probably inspired more youngster to seek out such dream and vision. But the truth is many entrepreneurs don’t even think about starting their own business till into their 30s, 40s, and even 50s, only after many years of work experience.

David Sanders, the founder of Kentucky Fried Chicken’s, held a number of jobs in his early life, such as a fireman, insurance salesman and running filling stations until 1952 where the first “Kentucky Fried Chicken” franchise start in Utah. Meanwhile,  Joanne “Jo” Rowling, a British novelist best known as the author of the Harry Potter fantasy series, finish her first novel in the series in 1997 after facing some rough going in her life. And her fortune estimated at £560 million or more.

There’s still time, fret not. And if you worked a while, you probable pick up some real skill about life and business that will be helpful in your latter part of Entrepreneur path. You may start out the Entrepreneur path as part time, probably as your second income, and with you still on your full time job. And who know that you may just hatch the next big thing that come from Singapore?

Start now to think entrepreneur! You should start as part time whiles you still on your full time job.