Archive for July, 2006
18
These are taken from the book “Think and Grow Rich” by Napoleon Hill.
The Thirty-One Major Causes of Failure
- Unfavorable hereditary background
- Lack of a well-defined purpose in life
- Lack of ambition to aim above mediocrity
- Insufficient education
- Lack of self-discipline
- Ill health
- Unfavorable environmental influences during childhood
- Procrastination
- Lack of persistence
- Negative personality
- Lack of controlled sexual urge
- Uncontrolled desire for “something for nothing”
- Lack of a well defined power of decision
- One or more of the six basic fears (described in a later chapter)
- Wrong selection of a mate in marriage
- Over-caution
- Wrong selection of associates in business
- Superstition and prejudice
- Wrong selection of a vocation
- Lack of concentration of effort
- The habit of indiscriminate spending
- Lack of enthusiasm
- Intolerance
- Intemperance
- Inability to cooperate with others
- Possession of power that was not acquired through self effort
- Intentional dishonesty
- Egotism and vanity
- Guessing instead of thinking
- Lack of capital
Some of us will look at the list and think we are doomed to failure because we can check off quite a few and apply them to ourselves, but most of these shortcomings are things that can be corrected, and for those elements you can’t change you can try to find ways around. Which would make persistence your greatest asset, not quitting, taking the attitude of one who will win or die trying.
16
I saw an ad promising that you can make 100 grand per month. I clicked on it not so much out of curiosity as to see if the idiot responsible for it at least had some new and innovative scam up his sleeve. I was quite disappointed to find that his was just like every other BS advertisement of it’s kind. I thought I might at least get the BS served on a gold platter and wrapped in fig leaf this time instead of served unwrapped on a piece of cardboard covered in foil. Oh well. He Asks: Are you fed up with being short of money all the time? I Say: YES He Asks: Do you dream about a magnificent house and a big car? I Say: A magnificent house yes. On several hundred acres, with at least 10 bedrooms and ten bathrooms, a magnificent winding staircase, a pool and a tennis court and a magnificent courtyard and garden. And the kitchen should look something like this:
As for the big car, well, I don’t drive, but I suppose I could learn, or else I could hire me a chauffeur, which I certainly would be able to afford making 100 grand per month! So, while my heart doesn’t flip over with excitement at the thought of a big car, I suppose I could do a big car as well. Perhaps a Bentley like this one here:
He Asks: Would you like to have a nice amount of $1,000,000 in your bank account (yes - a MILLION)? I Say: Yes, please, a million please, may I? He says: You know that 99% of money making websites are scams, and real money-making recipes need real authority. I Say: Uh, well, yes, but how lucky for me that you are in the 1% of money making websites that are not scams, and that you, a busy millionaire, have time to concern yourself with my plight to the extent that you’re willing to share your secret with me. Why, I am so excited to hear from you how I can put a million dollars in my bank account like today! I’ve already picked out the house I want too. It costs 150 million but trust me, once I’ve learned the secret for how to put a million dollars in my bank account, I’ll be filling up my bank account like there’s no tomorrow until it is fatter than a billion cows, so 150 million will be peanuts.
05
Got money?
Money isn’t everything. So some will tell you–usually those who have so much money they can’t appreciate the plights of those who have so little; or those who have no money and use this sentiment as a soft blanket to wrap themselves in for comfort.
For the rest of us money is everything. Don’t be too sure there won’t come a day when you will actually have to pay for the right to breathe air. And imagine your fate if you can’t afford the price tag! The reality of the matter is, there isn’t very much one can do without money. Money gives you freedom where lack it imprison’s you.
Growing Money
If you plant a dollar bill in soil will it grow a money tree? If only! There are ways to grow money. Planting money in soil is not a viable method. How can you turn $10 into $1000?
One lady did this playing the lotto. Bear in mind that I am not recommending her method; but here is what she did:
She bought 5 scratch off tickets at $2 a ticket.
On one ticket she won $28.
She put aside $18(her profit) and went back and bought another 5 tickets.
She won $7 on one ticket and $3 on another for a total of $10.
She took the $10 and bought another 5 tickets.
She won $28 on one ticket, $14 on another.
She put aside $32, adding it to the $18 for a total of $50.
She took the remaining $10 and went back to buy another 5 tickets…
She kept this up until she had accumulated $110 in winnings; then she did the same thing for the next 10 days.
Of course, we won’t all be so lucky to win something on almost every purchase; and this method of growing money is risky and can potentially lead to gambling problems so it is not the wisest option; but her money surely did grow from $10, her original investment, to $1000.
The point of the above is that there are any number of ways one can grow money if one is creative. Some come with higher risks than others; but if you think about it, the lotto lady was doing nothing so much different from what the sophisticates do who invest in stock, real estate and so on. She was taking risks; but she had a method to her madness (and some extra luck the rest of us lack apparently), and it paid off.
Just because you don’t have tens of thousands of dollars to invest in realestate or stocks doesn’t mean you have no options of how to grow your money. You just have to think creatively. Think outside of the box. Invest time in finding viable ways to turn $10 into $100, $100 into $1000, $1000 into $10000 and so on.
And when you find those ways, share them with the rest of us.