Time is life. There 3 main stages of our lives. When
we were young, when we were were still under 25 years of age, we all had our dreams. In
our growing uo stage, we have been taught that if we want to be successful, we have to
work hard. We also see our parents working very hard. Our teachers tell us that if we want
to do well, we need to study hard. It is therefore understandable why for many people,
life becomes very hard. As we grow older, those dreams of our becomes more distant. Dreams
become less possible or seem harder to achieve and as time goes by, some of us begin to
give up on our dreams. When you reach 25, and you are out there working, reality begins to
set in.
We see some of our friends becoming rich and they
don't seem to have to work hard. We say; they must be luck. We being to question
ourselves, why and what went wrong. We get demotivated and we just do our
job............we wake up in the morning, go to work, eat, sleep.........The cycle
repeats........If we do well in a job, we get a pat on the back but if not, we get kicked
in the butt. We just continue to exist, we live to pass time....waiting for our
retirement.
Ask yourself, how can you expect to achieve greater
heights if you do not change what you are doing now? The greatest insanity, is to do the
same thing everyday and expect different results. If we want a change in our life, we must
change our life.
When you reach 65, and if you have not made the
change....you will find that life may not be as secure as you thought, even with all your
retirement funds. Statistics say that by the
time we reach 65, 36% of people will be dead, 54% will need to depend on others to
survive, 5% still have to work for a living, only 4% are able to be financially
independent but only 1% will achieve their dreams to be rich & wealthy. You may have
your dreams, but the sad truth is, that only 1% will have true wealth.
How did this 1% create their wealth? Again
statistics tells us that of the 1%, 74% made their wealth from running their own business.
Only 10% are professionals, 10% are CEOs and the rest are from other sources...
So if you want to be 1 percent, DOING YOUR OWN BUSINESS seems to be the way. However you must have probably come across many
friends who have started their own business......... making a lot of money but somehow
still not find happiness. Not surprising, business is not exactly a bed of roses. Firstly,
most business require substantial captial investments. Secondly, there will always be
certain level of risk. Statistics say that 47% of the top 500 companies no longer extist.
80% of that remain, fails with 5 years and 80% of that group fails within 10 years of
operation.
Then, when
you run your own business, it is very common to hear the business owner saying that they
have no time, they cannot go for holidays, and they need to look after the business. They become slaves to the business. The business is runnung
them and not the other way round. Even if they employ staff, they will have a whole range
of staff headaches, operational headaches and many other problems.
NEXT: FOUR
KEYS IDEAS FOR CREATING WEALTH
