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Pushing Out the Negative

June 28, 2020 by  
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This darn pandemic is certainly creating a lot of problems, challenges, and tons of stress. For me, it’s not just the boredom, although I do miss my social life, but rather it’s the stress that has been getting to me. It has done some strange things to my sleep.

Of course, some of it is due to my age, as most of us have more trouble sleeping as we get older. On some nights, I am only able to sleep for 2 or 3 hours. Ugh! But other nights are normal. So, a couple days ago I spotted a book by Sasha Stephens titled The Effortless Sleep Method. The book is beginning to be of great help, mostly because of my change in thinking.

One section of the book jumped out at me – “The Two Negative Principles of the Mind”. Stephens said, “It is strange but true that most human beings tend to focus chronically on what they do not want. It can be difficult to spot this tendency in yourself, especially if you do not consider yourself to be a particularly negative person. But just try observing yourself for a few days. See how much of your thinking time is spent focused on what is wrong with your life. Then notice how little time you spend even noticing the good things, let alone celebrating them.” Sasha goes on to say, “If, for example, they had one bad night’s sleep along with three or four good ones, most insomniacs would focus on the one bad night. Not only does this give an inaccurate and exaggerated picture of the problem, it can actually worsen it.”

As I write this, I have just realized that by my talking to my wife about my terrible sleep and now writing about it, what I am doing could make my sleep problems worse because I am emphasizing the negative. So, I guess I will take that risk and maybe what I am writing can help others, not just with sleep problems but addressing other challenges and changing your thinking so you spend more time on the positive stuff.

I find that to spend more time on the positive things of my life and to ignore the negative, it helps to write down specific goals that I want to reach. It makes is much easier to keep my brain thinking on the positive side.  Let me give you a list of questions that I have asked myself over the years. They help me come up with specifics which helps me be more positive.

  • Do I want to substantially raise my level of contentment and fulfillment?
  • Do I want to become a better person?
  • Do I want to be known as a person of great accomplishment?
  • Do I want to be in great physical and mental shape with ideal health my entire life?
  • Do I want to live a very long, active life?
  • Do I want to make a fortune – a million dollars, $10 million, or even 100 million dollars? (Just think of the great good you could do with that money.)
  • Do I want the greater choices and possibilities in my life that making my own fortune would give me?
  • Do I want to leave the world a better place than I found it?
  • Do I want to be a big help to others as I help myself?
  • Do I want to travel and experience the entire world and its cultures? (I will continue this one when the pandemic has let up–I’ve already visited 92 different countries!)

May I strongly suggest that you make up your own list. I think if you do you will be pleased with how it helps your life.

Success is Measured by Obstacles

March 15, 2020 by  
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The famous Booker T. Washington once said, “Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome.”  Darcy Andries, author of The Secret of Success is Not a Secret, certainly underscores that comment in terms of the obstacles that have often proceeded the rise of so very many famous and successful people. Her book lists more than 250 super successful people who persevered through huge setbacks and failures to become big-time successes.

Take Rowland Hussey Macy, who tried and failed many times before he found success. He tried to start and operate a needle and thread store in Boston, and later a store that sold European-made dry goods. He failed both times. Then, after an unsuccessful store in Marysville, California, opened with his brother during the 1849 goldrush, he returned to the East Coast to open another dry goods store in a town north of Boston, an endeavor that eventually forced him into bankruptcy. He then moved to New York City and opened yet another store which ended disastrously when it was robbed and then burned down. Ugh.

Most people, I think, would have given up at that point but not Rowland Macy. He rebuilt, opening a little fancy dry goods store at 14th Street and 6th Avenue in New York City, north of the city’s other dry goods stores, called R. H. Macy & Co. After initial encouraging sales, he expanded, eventually occupying 11 adjacent buildings, each selling different categories of merchandise and effectively launching what we now call a department store.

By the 1870’s Macy’s store was averaging more than $1 million in annual sales and it has grown ever since. Now known simply as Macy’s, would you believe that little shop has grown into more than 850 stores and has gross sales in the double-digit billions?

I don’t know about you or your significant other, but my wife certainly helps Macy’s stay in business and thrive. I don’t know whether to thank Rowland Macy or complain! Unfortunately, I can’t do either since he checked out of life in 1877 at the young age of 55. But I’ve got to hand it to him – with all those setbacks spanning a period of nearly 14 years, he kept at it anyways and, I think most people would admit, he did okay for himself in the end.

 

Try, Try Again

March 1, 2020 by  
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My beautiful wife, Kimberly, gave me a great book not too long ago. I read it and set it aside but then couldn’t find it, until last week. Yay! The book, by Darcy Andries, is entitled The Secret of Success…It’s Not a Secret.  The book gives the details of the struggles, the setbacks, the failures, and the great losses that many eventually successful and now famous people had. Elvis Presley, Billy Crystal, Michael J. Fox, John Grisham, Tennessee Williams, Colonel Sanders, Andrew Carnegie, Al Pacino, Oprah Winfrey, Walt Disney, Henry Ford, Bob Cousy, Sylvester Stallone, and Robin Williams are just a few of the names from the list Andries gives of over 200 people who were initially rejected and pushed aside, only to come back strong and become super successful.

One name from that big list of super successful people is a guy I know by the name of Richard Paul Evans. He wrote the immensely successful book, The Christmas Box, which sold over 7 million copies. What is so fascinating about Richard’s beginning as an author is that it’s so similar to mine. We both got rejected and turned down by many, many book publishers. Nobody seemed to care or be interested in our books at all.

Both Richard and I did the same thing after all those rejections. We both went to print shops and paid to have our book printed. I printed 1,000 copies of my book and began selling and giving them away. Richard, however, really out did me on that one. He eventually printed 700,000 books – although not all at once – and sold them over time.

The big news was that after we had our own publishing successes, we each had big time New York publishers contact us, eventually getting contracts with them to print and distribute our books to bookstores. Richard’s publisher actually paid $4.2 million for the rights to his book. No, my book deals were not that profitable, but I must say, selling all those books myself did lead me to doing seminars and publishing a newsletter which itself became a huge part of the fortune that I’ve been so blessed to have amassed.

It is so amazing that so very many big time famous names and people had huge struggles when they started but they stuck to the old proverb, “If at first you don’t succeed, try, try again.” I would add that if you keep trying, and never give up, you will most likely end up with your big dreams coming true.

I think, in the next few weeks, I will share with you some of the stories of these famous people who had big time failures but went on to have super successful lives, people who dug themselves out of a deep hole because they never gave up.

 

Be A Big Time List Maker and Lift Your Life

December 22, 2019 by  
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At this time of year, it’s good to make lists, not only shopping lists for Christmas, but to-do lists for items you will get done in the new year.

I’m pretty sure that you, like me, wonder and marvel at how very famous and successful people seem to get so much done in their lives and never seem to stop making more and bigger progress. In just 3 words, they are simply “super productive people”.  How in the world can they accomplish so much? After all, we have just 24 hours in a day and 168 hours in a week.

Well, I’ll tell you. One of the biggest factors to getting so much done is in the magic power of making, keeping and working off lists.

Take Richard Branson, the British billionaire, for example. He credits his lists of the things he wants to accomplish as the key to his getting so much done. He takes time to go down his list, checking each item as it completed. And, wow, today, his virgin Group of businesses owns about 200 plus different companies. Among these companies are business that specialize in air travel, retail, music, finance, cell phones, internet, hotels, and even a railroad. As you may remember, back in 1999, Branson attempted, and broke, world records in hot air balloon travel and in a transatlantic crossing in a small boat. There are many other celebs that give huge credit to list making – everybody from pop singer Madonna to Barack Obama to Bill Gates!

Why are lists so very powerful? There are many reasons. They allow you to prioritize what you really want to get done, keep you organized, and help you stay focused. For many people, and especially for me, actually writing my lists on paper helps me more clearly remember what are on my lists and pushes me to get stuff done. There is also great mental satisfaction in crossing off those items that I have accomplished. It’s an additional motivator.

There was a study done at the Dominica University in California which found that writing a list down increases the chances of completion of items on that list by 33%. I sure think that extra percentage is worth paying attention and making less a part of your life.

So, if you are not a list maker, I would encourage you to become one. It is a good idea to have big, overall, long-term lists and it’s also very important to break those lists into smaller daily and weekly lists. It is especially helpful for most people to write a daily list out the night before you hit the hay, because as soon as you wake up, you know what that to-do list is telling you to get done and you’ll stay focused and accomplish so much!

Affirming Your Success

November 29, 2019 by  
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In my post last week, I quoted Richard Paul Evans’ book, The 5 Lessons a Millionaire Taught Me, and, of course, the very first lesson is simply “Decide to Be Wealthy”. In other words, make a commitment, set goals, and then, of course, act on those goals. To do this, you need the right mindset, one that is consistently and firmly placed in your head.

If you are smart, and have done even a little bit of homework, you know that things like fancy, expensive cars are not important and, in fact, will slow you down as surely as the value of that fancy car will drop in value. Your money needs to be put into assets that go up in value. Working hard on creating a great, big image of wealth is not the road you want, or should, take. Remember your goal is to BE wealthy not just to look wealthy.

Even if you are in terrible financial shape right now, it’s never too late to set big, financial goals and go to work on them. Once you make the decision to become wealthy, those little things called affirmations or self-talk can be a huge help. I know from experience that making a list of affirmations that I then repeat to myself on a regular basis gave a big boost to my mental attitude and lead me to actions that made me millions of dollars.

Chellie Campbell, a great writer of books and articles, has some great affirmations. I will share with you 14 out of a list of 50 super affirmations that help her and her many readers. I encourage you to take a look at this list and repeat them over and over in your mind and out loud too. It’s amazing how just saying stuff like this to yourself, even though they may not yet have happened, can bring about changes that do end up happening.

  1. People love to give me money!
  2. I am rich and wonderful.
  3. I am now earning a great big income doing what satisfies me.
  4. Something wonderful is happening to me today–I can feel it.
  5. All my bills are paid up in full and I still have all this money.
  6. My affirmations work for me, whether I believe they will or not. (This is for the skeptics among you.)
  7. A lot more money is coming into my life. I deserve it and will use it for my good and others.
  8. All my clients praise me and pay me!
  9. I am a money magnet!
  10. Money comes to me easily and effortlessly, waking and sleeping.
  11. I am now highly pleasing to myself in other people’s presence.
  12. I walk, talk, look, act, think, and am rich!
  13. I am a winner–I win often and I win big!
  14. I now receive large sums of money just for being me!

Wow. That is quite an amazing list of affirmations. Obviously, they are not all happening right now, but studies have shown that repeating affirmations to oneself can bring about many changes that eventually make things happen just like the affirmations that were repeated.

So, when you really decide to be wealthy, and mean it to your core, then repeating affirmations like these will not sound or seem out of the question or ridiculous. I had and have my favorite affirmations over the years and my first couple were:

  • I will save at least 10 to 15% of my gross income for later investments
  • I will be a millionaire by age 30 (Oops I missed that one. I became a millionaire at age 31.)

Go ahead and make your own list of affirmations and try and keep repeating that list over and over and I think you might be surprised, like I was, how greatly they help us to reach our goals.

Huge Helpful Lessons from Millionaires

November 17, 2019 by  
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I was just going through my huge library of books and came across a great book about making big money, written by a good friend of mine that I read back in about 2004. He is the famous Richard Paul Evans. I’ve known the author and his beautiful wife, Keri, for many years and still have fond memories of our great trip paddling on a beautiful Venice canal. Even though I had made many millions of dollars when I read his book, I still totally enjoyed it and learned some good things from the book, The 5 Lessons a Millionaire Taught Me. (And, hey, maybe he even learned 1 or 2 of those lessons from me!)

But, of course, most of the great lessons that have allowed me and others to make millions are universal and haven’t changed much in hundreds of years. However, the most important thing, after you learn those lessons, is to go out and actually do something about it!

Richard is a great guy, but I’m not totally pleased with him. Why? Because he has written more books and sold more books than I have! Okay, yeah, I’m a bit jealous. I’ve written 9 books and I thought that was a lot, but good ole Richard has written 35 books and sold a whopping 35 million copies! Wow, that’s a bunch! I’ll get even by saying that I’m jealous but congrats to you… I’m very pleased and proud of you and how much you have helped other people.

At least I can, with all the time I’ve put into playing the game, beat Richard in tennis. Or, at least, I think I can.

Let me now share with you what Mr. Evans says about those 5 lessons that were taught to him by a millionaire.

Lesson One: Decide to Be Wealthy.

Yep, I totally agree. A person really has to make the conscious decision that becoming wealthy is a big goal for them.

Lesson two: Take Responsibility for Your Money—1. Know How Much Money You Have… 2. Know Where Your Money Comes From… 3. Know Where Your Money is Going… 4. Know What Your Money Is Doing.

In regard to item number 4, what he means is, if you know that your money is just sitting in your checking account, look for ways and means to get it working for you.

So those are just the first two lessons. I will break down some of these great rules from my own experience in my next week’s post but in the meantime you ought to go buy Richard’s great little book. You won’t be sorry.

 

 

Be One of the Smart Ones

November 10, 2019 by  
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So, in last week’s post I told you a bit about the lady in Paris that suddenly found out one of the paintings in her house, one that she thought was just an average painting (the one you see above), was extremely valuable and it went on to sell for $26 million dollars!  Wow, what a shock that must have been for her! But have you read that many people who all of a sudden win the lottery or suddenly come into a huge fortune blow the money in short order or are scammed out of it? The problem is that most of the time, people who haven’t earned the money over time are clueless and just don’t know how to handle it. Most of these people start spending it like crazy and or they are taken to the cleaners by scam artist.

Compare that overnight super-rich person to a person who has worked for years and saved every extra dollar they could. The smart ones don’t go out and buy a brand-new car that will immediately drop in value. The smart ones buy a used car and put whatever extra money they have into savings. Then they slowly build up enough money to buy an asset that goes up in value and, if they’re really smart, when they sell that asset at a profit, they reinvest that profit in another appreciating asset. Over the years, those small savings and investments can grow into a fortune.  And if you have made your money that way, then you most likely won’t be like those who suddenly came into big money and spent it all or got scammed out of it.

It will be very interesting to try to follow the Paris lady and see if she goes crazy with her money, following the typical lottery winners. Please, Paris lady, be cautious and wise with that $26 million. Don’t put your money with someone else who makes promises of huge returns.

Years ago, I met a guy who told me that he could give me a 10% return, per month, on my money, guaranteed! Remember the old saying, “If it sounds too good to be true, it probably is.” I had a friend who had invested about $300,000 dollars with this guy who said it was going to get a great return and guaranteed it. I was pretty darn sure it would not be even close to that. And yes, my friend lost his entire investment, and the bad guy in now serving time in prison. Not that him being in prison gives my friend any of his money back.

So, I sure hope you see the huge benefit of saving all the dollars you can and investing them wisely. Do the research carefully. It’s my advice and experience that you should invest your savings in income producing real estate. It almost always goes up in value and even if the appreciation is very slow, if you have purchased wisely, you will have tenants paying off the mortgage. That’s what the smart ones do!

 

Money and Meditation

August 8, 2019 by  
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If you have been reading my blog for years, then you know that I started out mainly writing about money, money, money. I wrote about how to make it and how to invest it for the best returns. Over time, I have expanded my subjects to include physical and mental health because, as we all know, without good health, tons of money may not help you at all, or at least not much.

Our brains control our physical bodies much more than most people realize. Years ago, I found an explanation of why the brain can control so much of our lives in Time magazine. A professor at the University of Wisconsin, Richard Davidson, who Time magazine had honored as one of the “100 People Who Shape Our World”, was actually asked by the Dalai Lama to study the connection between the meditative state of mind of his Buddhist monks and their emotional and mental health.

Davidson first hooked 128 electrodes to the head of a French-born monk, Mathieu Ricard, and recorded an immediate increase in the gamma activity when the monk began to meditate. Later studies with a control group of students only lightly trained in meditation showed the monks produced gamma waves that were 30 times stronger than a control group. Wow, that is HUGE!

But what does all this mean? Simply put, this and other research unveils the real possibility that the brain, like the rest of the body, can be altered intentionally. Just as we build muscle through exercise, we can also build our mental capacities that can lead to better brain function and an increase in essential cognitive functions, including memory and perception. This all creates a more positive mental state–and that’s what in turn creates more productive gamma brain waves.

This discovery tells me that as I do more meditation, I will gain a better functioning brain which could help me be a much better investor. I do believe that by pumping my brain up through meditation, I can make better real estate deals and manage my money much better. How about you? Go ahead and try some meditation and see what it does to your brain.

One last comment. Or, I should say that I’m going to do a little bragging.  I’ve always been impressed by the Dalai Lama and many years ago I had the great privilege of escorting the Dalai Lama from his hotel room to a huge ball room and then I introduced him to the audience. I will never forget the great feeling and gratitude I received from doing that introduction and getting to know him even just a little bit.

Focus Your Energy for Strength and Profit

July 5, 2019 by  
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The quickest route to any objective, be it monetary or otherwise, is to totally focus your attention on a minimum number of things. Thomas Edison was once asked how he was able to get so much done. He said, “It’s very simple. You and I each have about 18 hours a day in which we may do something. You spend that 18 hours doing a number of unrelated things. I spend my time doing one thing, and some of my work is bound to amount to something.” If Edison took time to do dozens of unrelated things, he and his team most likely wouldn’t have come up with some of the great, world changing inventions that he patented.

If you truly want to be outstanding in any field, there’s one important rule you must observe: you must concentrate your energy on that one thing. Get just that one thing in your mind and in your heart.

With blinders on you’ll be able to look straight toward your goal and forget what’s happening on the sidelines. It’s been said that sidelines are “slide lines”. Ralph Waldo Emerson wrote two essays on the subject. One is entitled “Power” and the other “Wealth”. He wrote, “Stop all miscellaneous activities. Do away with distraction …,” because, as he put it, “distractions will untune us for the main purpose of our lives.” In another passage, he states that “The one prudence in life is concentration, the one evil is dissipation.”

If you have an intense, unwavering determination to make your objectives and goals a reality, nothing can stop you. Learn to concentrate your efforts by focusing your attention on one thing and keep it focused there. It’s like a magnifying glass—you can take the gentle rays of the sun and bunch them together with that magnifying glass and create a shaft of light that can burn a hole through steel.

To become a great person of accomplishment, financially, artistically, socially, religiously, politically, or any other way, you must concentrate your efforts and attentions through that tiny magnifying glass. You must resolve not to be sidetracked by the hundreds of diversions that will tempt you–diversions that are sometimes very interesting but are, nevertheless, usually meaningless and divert you away from your primary goal.

Daring to Dream Big

April 12, 2019 by  
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Years ago, I dreamed of being wealthy. I studied the lives of the rich, especially the ones who started from scratch. I mean, I really studied them and analyzed everything they did and how they did it. I discovered that millionaires are not a hundred times, or even ten times, smarter than you and me. And they aren’t working ten times longer or harder. How could they? There are only 168 hours in a week — no one gets any more than that. The difference was an honest to goodness and simple wealth formula that, if followed, works.

Before I discovered this wealthy formula, I lived in Denver, Colorado in a cramped and tumbled down house at 2545 S. High Street, near the University of Denver. I felt desperate and forced into a corner. I had to borrow a $150 from my father and another $150 from my father in law just to buy groceries and help pay the rent. If that wasn’t enough, I was several thousand dollars in debt, but I still kept studying the lives of the rich and dreaming of being a millionaire.

Then it happened. I met Larry Rosenberg, a man who became my mentor and showed me the simple formula that had made millions for him. He convinced me that I could do the same thing.

I began to apply the formula I had been shown. The results were amazing! I couldn’t believe how simple it was. In fact, it seemed too simple. (Please note, I said simple, not easy!) It did take work but oh, how that work was so very worth it!

For the next 3 ½ years, I worked very hard to refine and improve the formula that I’d been shown so it would be easier to get quicker results. As I did this, my assets and income multiplied very rapidly to the point that I didn’t have to work at my regular job. I quit!

The simple formula that I had been shown was to leverage income producing real estate —-as in small houses and apartment buildings. The key to building my fortune was to find run down properties that I loved to call “dirt bag properties”. These were properties that I could fix up and improve the value by 10 or 20 percent and then I could turn that 10% or 20% increase in value to 100% return on my investment, because of that great thing called “leverage”.

And as I’m sure you know a 100% return on your money can and will increase your net worth quite quickly! In my experience leverage income producing properties is the most reliable, fastest, and safest method of making big time money. Most people have a little bit of that “leveraged real estate” in the home they bought. But if you have to go a step further and but some dirt-bag or rental properties and fix them up and make those huge 100% percent returns. If you buy right, it will work wonders for you.

 

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