What does being rich mean for you?

What does being rich mean for you?

by Roman on May 18, 2008

This is RULE 2 from a set of rules about how to get rich

Know what you want

Before starting your journey to wealth and money you should always figure out what it is that you actually want. The people who know what it is that they want are the people who have the best chance of getting where they want to go. If you don’t know where you want to go there is no way of getting there.

When you have the why the how comes itself

Charlie “Tremendous” Jones said it best in his book Life is Tremendous“When you have the why-how, the know-how will follow. When you know why you want to achieve something then you are unstoppable. People with a burning desire to achieve their goals will not stop simply because they don’t know how to do something. The will find out!

What does being rich mean to you?

The definition of being rich can be:

  • the ability to take care of your family
  • having enough to never worry if you have enough
  • the ability to live off interest
  • the ability to live off the interest of the interest that your money is generating :twisted:

Come up with your definition

Go ahead and come up with your own definition. After all – if you don’t know what being rich means for you then you will never know if you have failed or succeeded.

For instance I came up with the following definition of wealth:

I am rich when I can do whatever I want to do whenever I want it!

What’s the third rule of getting rich? Come back tomorrow  to find out. Sign up to my full feed RSS or subscribe via email.

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Adam Primero May 20, 2008 at 12:53 pm

On the surface Jesus, I would tend to agree with you. However, I believe that a definition should be clear and concise. For example, on your goal, perhaps,

“I am rich when I can do whatever I want to do whenever I want it!”

Should look like

I am rich when I can travel around the world for six years and never consider time or money.

My point is, a clear definition sets the stage for a clear vision. If your “whatever” changes and you cant do it. (travel in space?) Have you failed?

Roman May 20, 2008 at 5:03 pm

It seems kind of strange when someone calls me Jesus :lol: My real name is Roman, so you can call me that! I guess I have to put a little info up here somewhere about myself.

I agree that the clearer the vision the better.
If for some reason your definition of being rich or your goals change it makes sense to accept the changes. You have not failed when you decide to change your goals – it is your life so the best part is that if you want you can change your goals!

Adam Primero May 21, 2008 at 10:47 am

Sorry Roman, I thought about that over a beer last night. “wait, that dudes not Jesus”
So I will refrain in the future.
On goal setting, If you change it, then how do mark progress? Do you adjust your goal up or down? Yea, I’ll agree, its your life, do what you want.
The universe however, works on an inflexible level. So when you alter your goal you stop the process and when you “redefine” you are starting from scratch.
Think of it as telling another human to go over “there”. Where? Not a clear goal. Then you want to say no, no, over there. Its confusing just to read. So a clear goal followed by a clear plan. Gets you a clear result.

Roman May 21, 2008 at 5:43 pm

I’ve read numerous accounts about people with a really huge goal in their life. Let’s say that you’ve been training to win an Olympic gold medal since you were 3. After achieving this goal people tend to describe that they feel they have lost their purpose of life and discover that it was never really the goal that made them happy, but the hope of one day achieving this goal. So maybe it’s a good idea that you never accomplish your biggest goals, but always have new goals to pursue.
It’s the journey not the destination!

MoneyEnergy May 30, 2008 at 12:25 am

Well, you could combine both approaches so that you make yourself a ladder of specific goals. This way when you achieve one, you have the next one waiting. You won’t lose your sense of life purpose or identity because you’ll always have known that you’re more than just that one goal. If you fail, you try for the goal another way, or you just change your plans.

But I am far from a self-help professional/ star! If only it were that easy!

But I do think it’s important not to set only small goals. You need to try to dream big for your life and allow the picture to shift a little over time, too. Dream big, but specific. Leave room for editing the picture a little bit too as you get more information about your goal.

Roman May 30, 2008 at 2:27 am

I like your idea of having a big goal that should actually consist of several smaller ones.

I have done this in my life in as a door to door salesman. My goal was to find 30 people every day to make sales presentations to! When thinking about it in the morning it was clear to me that there is no way that I can find 30 people today, so we looked it another way – Can I find 3 people before 9 am ? You bet I can! Can I find another 2 people between 9am and 10 am? Yes I can!
Achieving these smaller goals insured that by 9:30 PM I have achieved my primary goal – make 30 presentations!
We even had small “goal cards” where we kept track of how many presentations we still need to make that hour. So instead of saying to yourself – 27 more, I would say “Just 1 more! Only 1 more” :lol:

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