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Digg it UP - Wealth Building: Let The Wealth Building Secrets Of J. Paul Getty Inspire You To Great Achievement
1. Proactive leaders are cautious without becoming paralyzed by the potential downside of action. They pursue their goals continuously but incrementally, testing/evaluating progress toward the goal. This approach assures movement toward the goal without exposing the organization to unnecessary and avoidable jeopardy. They don't play it safe but do play it cautiously.2. Proactive leaders focus most of their time and energy on organizational stability and goal attainment. They mini
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll underst
Too often, as we age, we tend to become quite leery of visiting our physicians for regular checkups. Unfortunately, though, we cannot always rely on the standard, "I feel fine - why see the doc?" Diseases, conditions, and chronic illnesses can wreak havoc on the health and even the life if they are not detected and treated early on. Any health related magazine or pamphlet will tell you, after a certain age, women need to have annual mammograms, pap smears, and the like, and men need to
The late John Paul Getty is known as one of the greatest wealth builders in American history.
He was kind enough to distill his wealth building rules for anyone who desires to amass wealth like him to follow.
Do you want to be fabulously rich? Then learn from the master wealth creator himself, and follow in his footsteps:
Rule No. 1:
To acquire wealth today, you must be in your own business.
You may think that the corporate executive with a $100,000 salary is better off than small shop owner, but the executive will be hard-pressed to double his income and taxes will eat up most of any increase.
The simplest peanut vendor has unlimited opportunity to expand his business and his income, and even salesmen, who in most cases are able to write their own paychecks, can control his sale increases himself.
Rule No. 2.
You must have a working knowledge of the business when you start and continue to increase your knowledge of it as you go along.
If you don't know what you're doing when you start, your mistakes will be costly and often unnecessary, and you won't be able to keep up with the technological explosions in any field. Start smart and stay that way.
Rule No. 3.
You must save money in your personal life and in your business venture as well.
Discipline is the key to saving money. You must develop the will power to deny yourself immediate gratification or the temptation to gamble on the quick buck. Resources will be needed for expansion and should be guarded carefully.
Rule No. 4.
You must take risks, both with your own money or with borrowed money.
Risk-taking is essential to business growth.
Nelson Bunker Hunt is admired for his guts in trying to corner the silver market, not scorned for losing money on this deal.
Some of the richest men have staked their entire fortunes and lost, several times over, before the risk-taking paid off.
Back those risks with good judgment, experience, commitment, And the right support.
Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.
Rule No. 5.
You must not only learn to live with tension, you must seek it out.
Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.
Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.
Men of means look at making money as a game which they love to play.
Consider it serious business and you will suffer far more stress than you need or want.
Keep your perspective or your stress level will rocket beyond your control.
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll understa
"If you go to work on your goals, your goals will go to work on you. Whatever good things we build end up building us.” (Jim Rohn)How is your first quarter of this year going so far? Many organisations and the people in them start 2007 with boundless energy, hope and eagerness to reach new goals, to succeed even more than last year, to change for the better. Some celebrate their achievements with champagne while others who weren’t so lucky hide in shame. What exactly turns a goal
The simplest peanut vendor has unlimited opportunity to expand his business and his income, and even salesmen, who in most cases are able to write their own paychecks, can control his sale increases himself.
Rule No. 2.
You must have a working knowledge of the business when you start and continue to increase your knowledge of it as you go along.
If you don't know what you're doing when you start, your mistakes will be costly and often unnecessary, and you won't be able to keep up with the technological explosions in any field. Start smart and stay that way.
Rule No. 3.
You must save money in your personal life and in your business venture as well.
Discipline is the key to saving money. You must develop the will power to deny yourself immediate gratification or the temptation to gamble on the quick buck. Resources will be needed for expansion and should be guarded carefully.
Rule No. 4.
You must take risks, both with your own money or with borrowed money.
Risk-taking is essential to business growth.
Nelson Bunker Hunt is admired for his guts in trying to corner the silver market, not scorned for losing money on this deal.
Some of the richest men have staked their entire fortunes and lost, several times over, before the risk-taking paid off.
Back those risks with good judgment, experience, commitment, And the right support.
Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.
Rule No. 5.
You must not only learn to live with tension, you must seek it out.
Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.
Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.
Men of means look at making money as a game which they love to play.
Consider it serious business and you will suffer far more stress than you need or want.
Keep your perspective or your stress level will rocket beyond your control.
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll underst
Many marketing companies would be more than happy to assist in creating a brochure design that is professional and have a lovely look to them. However before going to one of these companies or even considering them one must consider what it is the brochure design is supposed to accomplish.If the main goal of the brochure design is to gain new customers it should be sharp and catchy. Make it something that the customer will notice and not want to toss in the garbage. Also give the
Discipline is the key to saving money. You must develop the will power to deny yourself immediate gratification or the temptation to gamble on the quick buck. Resources will be needed for expansion and should be guarded carefully.
Rule No. 4.
You must take risks, both with your own money or with borrowed money.
Risk-taking is essential to business growth.
Nelson Bunker Hunt is admired for his guts in trying to corner the silver market, not scorned for losing money on this deal.
Some of the richest men have staked their entire fortunes and lost, several times over, before the risk-taking paid off.
Back those risks with good judgment, experience, commitment, And the right support.
Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.
Rule No. 5.
You must not only learn to live with tension, you must seek it out.
Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.
Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.
Men of means look at making money as a game which they love to play.
Consider it serious business and you will suffer far more stress than you need or want.
Keep your perspective or your stress level will rocket beyond your control.
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll underst
The Holy Spirit manifests his power through us. When the Spirit is upon us, he can also coach other people through us. He can use us as his vessel of empowerment. He can use us to encourage those who are down on themselves. We’re not called just to be blessed, but to also be a blessing to other people. And to be used to touch other people’s lives.Isaiah 61:1-3 - “The Spirit of the Lord GOD is upon Me, Because the LORD has anointed Me To preach good tidings to the
Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.
Rule No. 5.
You must not only learn to live with tension, you must seek it out.
Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.
Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.
Men of means look at making money as a game which they love to play.
Consider it serious business and you will suffer far more stress than you need or want.
Keep your perspective or your stress level will rocket beyond your control.
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll underst
As I was participating in a group coaching call with my business mentor, one of my colleagues shared a story about how so many people want to give us advice on what they think is best for us as entrepreneurs.And the funny thing is - the advice is often given by people who have never run a business.My colleague was working under the guidance of a multi-millionaire while building her business and he had recommended she make specific changes to some marketing materials she wa
Rule No. 6.
Build wealth as a by-product of your business success.
If wealth is your only object in business, you will probably fail.
Wealth is only a benefit of the game. If you win, the money will be there.
If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.
Rule No. 7.
Patience.
This is the greatest business asset. Wait for the right time to make your moves.
Let your business grow naturally, not by pressing your luck.
Rules No. 8.
Diversify at the top.
Once you've made it, you'll understand that any business is limited in the challenges it offers.
You'll want and need other games to play, so you'll look for other ventures to hold your interest.
May these words of wisdom from Mr. Getty inspire you to build fabulous wealth and reach the stars.
Warmly,
Ikey- Benney, CEO
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