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Vadim Kotelnikov
Founder,
Ten3 Business e-Coach
–
Happiness,
Achievement,
Inspiration, and
Innovation
unlimited!
"Money will make you
more of what you already are. If you're not a nice person, money’s going to make
you a despicable individual. If you're a good person, money’s going to make you
a better person."
~
Bob Proctor
"When I was young I used to
think that money was the most important thing in life; now that I am old, I know
it is." ~
Oscar Wilde
"It's good to have
money and the things that money can buy, but it's good, too, to make sure you
haven't lost the things that money can't buy."
~
George H. Lorimer
"The only way you can grow
rich is by enriching others."
~ Matthias Schmelz
"Set
the bird's wings with gold and it will never again soar in the sky."
~
Rabindranath Tagore
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The Four Kinds of
Income |
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Earned Income – Compensation from participation in a
business, including wages, salary, tips, commissions and bonuses.
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Residual Income – A rent received on a regular basis, with
little effort required to maintain it. (Examples: royalties;
payments for a product or service that must be renewed on a regular
basis; earnings from internet advertisement on your websites)
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Leveraged Income – Income
that you gain by leveraging other peoples' efforts. (Examples:
selling e-products through affiliates; franchising your business to
other entrepreneurs) -
Passive Income – A
"work a lot upfront, then relax" income. (Examples: pensions;
investing in dividend paying stocks; rental for property)
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I've Learned...
By: Andy Rooney |
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I've learned....
That money doesn't buy class...
More |
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Warren
Buffett's Tips for Individual Investors |
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"Look
at stocks as parts of business. Ask yourself, 'How would I feel if
the Stock Exchange was closing tomorrow for the next three years?'
If I am happy owning the stock under that circumstance, I am happy
with the business. That frame of mind is important to investing."...
More
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Find the
Balance
Balance
is a key element of a
happy life
and
sustainable business.
Finding the right
balance in your body, your mind,
your life, and
your business
will help you refine
your goals
and hasten you towards them. It will lead to on your journey to
improved
health, spirit, and well-being...
More
Developing Prosperity
Consciousness
The starting point of all riches is the
development of a prosperity consciousness. You must become
a financial success in your thinking long before you achieve it in your
reality. Both poverty and riches are the result of a state of mind, and the
most important single step you ever take on the road to wealth and financial
independence is the decision to change your thinking, to impress into your
mind an unshakable belief that you can and will achieve your financial
goals. This must happen before anything else happens.2...
More
Do What You Love To Do
If you're not doing exactly what you love to
do, get out now and find something that captivates you.
The Power of Passion
"I was lucky – I found what
I loved to do early in life," says
Steve Jobs,
Founder of Apple Computers. "Woz and I started Apple in my parents
garage when I was 20. We worked hard, and in 10 years Apple had grown from
just the two of us in a garage into a $2 billion company with over 4000
employees. We had just released our finest creation – the Macintosh – a year
earlier, and I had just turned 30... Sometimes life hits you in the head
with a brick. Don't lose faith. I'm convinced that the only thing that kept
me going was that I loved what I did. You've got to find what you love. And
that is as true for your work as it is for your lovers. Your work is going
to fill a large part of your life, and the only way to be truly satisfied is
to do what you believe is great work. And the only way to do great work is
to love what you do. If you haven't found it yet, keep looking. Don't
settle. As with all matters of the heart, you'll know when you find it. And,
like any great relationship, it just gets better and better as the years
roll on. So keep looking until you find it. Don't settle." ...
More
Decision as the Key to
Transformation
Decision is the key to transformation. In his
classic work, "Think & Grow Rich", Napoleon Hill stated that 98% of people
are in the jobs they have through
indecision, i.e. because they never made the decision about what
they wanted to do in their
lives
in the first place. Indecision explains why many people feel that they have
a life purpose, but have no idea what it is...
More
Creativity
The benefits of functioning more creatively are
enormous.
3 Levels of Creativity
2 Creativity Catalysts
It helps you get promoted faster, and enjoy greater status,
prestige and recognition. You can only earn more by producing more or of
better quality or cheaper or faster or differently — and this requires
doing things differently,
using
creativity...
More
Entrepreneurial Creativity
Entrepreneurial creativity
is about coming up with innovative ideas and turning them into
value-creating profitable business activities.
Entrepreneurial creativity =
creativity
× entrepreneurial
action...
More
Brainstorm with Others
Successful people have formal and informal
brainstorming
or masterminding networks.
Napoleon
Hill, in "Think And Grow Rich," pointed out that this was a common trait
among the millionaires that he studied. Put several people together who have
a common interest or goal. These gatherings have proven very powerful. It's
a natural breeding ground for breakthrough ideas...
More
Earn Ten Times As Much
By
Brian Tracy
There's an exercise for you; imagine that it's
possible for you to earn ten times your current annual wage. If you're
earning $25,000, imagine for a moment that it's possible for you to earn
$250,000, a 1000% increase...
More
The Power of Small
Victories
By
Mike Litman
What I'm sharing with you is what worked for
me. And now it's worked for thousands of other people that I've
coached.
I believe in small steps, small victories,
progress, growth and momentum...
More
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References:
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11 Secrets to Becoming Financially Free, Mike Litman
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Develop a Prosperity Consciousness,
Brian Tracy
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The
21 Success Secrets of Self-Made Millionaires ,
Brian Tracy
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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money – That the
Poor and Middle Class Do Not!, Robert T. Kiyosaki, Sharon L. Lechter
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