Showing posts with label investment opportunity. Show all posts
Showing posts with label investment opportunity. Show all posts

Slave Mentality

Man in Blue Crew Neck Shirt

When a person thinks and lives their life with the intent of being a slave or working for someone throughout their entire life and never being free from that is slave mentality. Most of us were subconsciously trained and taught to think this way because of the actions of our ancestors. And not only do many of us think this way but have accepted it as a way of life. After all, it's crazy to think that you will ever be free, right? Most people don't plan on living long lives, so they don't plan on not working to survive, so essentially they plan to work their entire lives.

Most people don't save their money. Most people don't have the discipline to save their money. For some crazy reason, people think about dying when they get a little bit of money and start to think that they may die before they get to spend that money. They win the lottery, they get an inheritance, a bonus and they go on a shopping spree. A common saying/thought process is that you can't take the money with you when you die. That's what rich people want you to think. But... who cares about that, most people just feel better spending their hard-earned money. Don't get me wrong, saving money doesn't really make money, but at least the money is not being wasted and it's there when there is a real need for it or a real investment opportunity shall arise. It's OK to have money in the bank.

Most people don't invest their money. Material items, such as; electronics, clothing, furniture, appliances, cars, car accessories, etc... are not investments, but worthless merchandise once purchased. The longer these products are possessed, the more worthless they get. Many people tend to purchase products that are more expensive, because they believe that they are better products, and sometimes that is true, but most of the time, it is not true. With all the different name brands to choose from, most people have convinced themselves that the more expensive the better it is, which is simply, not true. Besides that, even if it is a better working product, it may not even pertain to your particular need(s) and at the end of the day, it is still just as worthless as the less expensive product. A house is an investment. Not only can it be worth more in the future, but it can also provide housing in the meantime. Many people won't even consider it, because of many personal reasons, but as long as we pay rent we are making someone else rich and paying their mortgage/investment. Stocks and 401k plans are a good investment, but many people choose not to participate in planning for the future. Many companies are even willing to match a percentage of contributions made.

Many people live check to check, but that should be a temporary thing. If a person is spending/wasting most of their daily income, then it's slave mentality, because they are living above their means. People should not have to live check-to-check for years, but many people get accustomed to this life-style and they accept it as a way of life. So, even when they do get a little extra money they go out and blow it on something worthless. A person can actually survive making minimum wage, but they would have to cut a lot of corners, skip a few meals, and buy the least expensive everything, but that should be a temporary thing. There is no way a person should work for minimum wage for over a year working in the same industry. As a matter of fact, a person should not work for the same wage for over a year, because experience is gained every day, every month, every year, which means a person should be worth more every single year. Most of the time, nowadays, the cost of living goes up every year, so if you're not getting a raise to accommodate basic economic needs then you're actually making less.

Bad habits are the worst for most people, because no matter what else happens, the bad habit addiction has to happen. Whether it's drugs, alcohol, gambling, porn, eating or whatever it may be, it costs money and time, yet it's going to happen. While the bad habit is being performed no income is being generated. The whole thing with bad habits is to waste time, until it's time to go back to that horrible job that you love and cherish, where you have to work and be a slave and do things that you don't want to do. It's really the main reason for the bad habit. So instead of trying to make life better for themselves they find a better way to deal with or justify continuing their misery, because I guess... they believe they can't do any better.

Just for the record, no matter how old a person is, schooling is always an option. Learn a new trade. Obtain a personal computer. It never ceases to amaze me at how many people don't own a personal computer.

Growing up, many of us were taught that life is what you make it to be. Only you have the power to change your life. I like to believe that we work to live, and not live to work. We were not put on this earth to work for others or be someone's slave, by no means. RIGHT?



https://ezinearticles.com/?Slave-Mentality&id=9662895

The Only Way to Get Really, Really Rich


Want to be remarkably successful? Want to get really rich? (While there are many ways to feel "rich," in this case we're talking about monetary wealth.) Then check out this little gem of an investment opportunity.
It's a simple investment. You only have to invest almost all of your money. On the upside, after a year you might earn 3 percent more. The downside? Any day you could lose it all, for reasons usually outside your control and that you will almost never see coming.
Would you make that investment? Of course not.
Yet millions of people do--every day they go to work for someone else.
Of course the analogy isn't perfect. Until you're laid off or fired you do earn a salary. But when you work for someone else, your upside is always capped--sure, you might occasionally get a raise, but in most cases 3 to 4 percent is the best you can expect.
Yet your downside is always unlimited because getting fired or laid off can make your income disappear overnight--and with it the considerable investments you've made in time, effort, dedication, and sacrifice.
Extremely limited upside. Unlimited downside.
That's a terrible investment.

Rich in Wealth

So if you hope to get really rich, working for someone else will never get you there. But don't just take my word for it, the government agrees.
The IRS Statistics of Income Division, a place where fun surely goes to die, has published "400 Individual Tax Returns Reporting the Largest Adjusted Gross Incomes Each Year, 1992-2009," or in non government-speak, "400 People Who Earned a Freaking Boatload of Money."
In 2009, it took $77.4 million in adjusted gross income to crack the top 400. (That just barely got you in; the average income of everyone on the list was $202.4 million.)
Where it gets interesting is how the top 400 made their money:
  • Wages and salaries: 8.6 percent
  • Interest: 6.6 percent
  • Dividends: 13 percent
  • Partnerships and corporations: 19.9 percent
  • Capital gains: 45.8 percent
A few conclusions are obvious:
  • Working for a salary won't make you really rich.
  • Making only safe "income" investments won't make you really rich.
  • Investing only in stock of large companies won't make you really rich.
  • Owning a business or businesses could not only build a solid foundation of wealth but could someday...
  • Generate a huge financial windfall--and make you really rich.
Don't trust the IRS? Fine. Check out the top 10 on the Forbes billionaires list. Gates. Buffett. Ellison. Koch. Walton. Adelson. All entrepreneurs. (I worked my way down into the 200s and still couldn't find an employee, so I got bored and stopped looking.)
Clearly getting really rich in financial terms is the result of investing in yourself and others, of taking risks, of doing hundreds of small things right...and then doing one or two big things really right.
But what if you don't get one or two big things really right? There's another way to get really rich.

Rich in Life



I've spoken to hundreds of entrepreneurs, and each and every one does the same thing. When we talk about the financial side of being an entrepreneur--exit strategies, revenues, IPOs, cashing out--they're interested but far from animated.
But when we talk about the life of an entrepreneur, about how it feels to be an entrepreneur, they all light up. They start to gush about the challenges, the responsibility, the sense of mission, the sense of purpose, the sense of fulfillment and excitement of working with and for a real team, the amazing feelings of empowerment and the control over their own destinies....
It happens every time.
The bootstrappers with infinite dreams and negligible revenues light up.
The successful entrepreneurs such as Joel Gascoigne, who helped expand Buffer from a personal project into a business with a talented team with real revenues, light up.
The hugely successful entrepreneurs such as Scott Dorsey, who helped steer ExactTarget out of a garage, into an IPO, and then into an acquisition by SalesForce.com, light up.
Every entrepreneur lights up when we talk about being an entrepreneur because they feel alive: free to chart their own courses, to make their own decisions, to make their own mistakes--to let the sky be the limit not just financially but also (and almost always more importantly) personally, too.
And in that way, regardless of financial return, they feel really rich. And they are really rich -- regardless of income or wealth.

Really, Really Rich

That's why the only way to become really rich financially and really rich personally--in other words really, really rich--is to start your own business. Even if it's just on the side. Even if it's just a slightly stepped-up hobby.
There's no reason not to. You don't have to quit your job right away; in fact, you probably shouldn't. (One of the best ways to minimize your risk is to keep your full-time job while you build your foundation for success.) Plus the basics of starting a business are easy; you can do it in one day.
Here's the deal. In return for less freedom, less control, and less fulfilment, every day you go to work for someone else your upside is always capped and your downside is always unlimited.
The downside for entrepreneurs is also unlimited--but in return, they enjoy the possibility of an unlimited financial upside and an unlimited personal upside.
Take a chance on yourself. Try to get really, really rich. Maybe you'll only become really rich.
One out of two is still awesome--and you will have achieved it on your terms.
If your friends and family think you were crazy for starting a business, show them this article. If you've been thinking about starting a business and people say you're being foolish, show them this article.
If the people around you don't understand how personally fulfilling taking a chance on yourself can be, have them check this out.
And then get started on your entrepreneurial journey, even in the smallest and safest way. Every step you take will bring you closer to becoming at the very least really rich--and maybe, just maybe, really, really rich--and will let you join a group of people who live their lives their way, on their own terms.
Who are those people?
Entrepreneurs. Be one.
It's the best investment you can make--because it means you're investing in yourself.