Wealth, Fame, and a Perfect Life

Wouldn’t you agree with me that most of us, at one time or another, especially when we were young, had thoughts of being rich and famous? And maybe those thoughts were followed by, “If I was rich and famous, my life would be perfect!”

If you were at all like me, you certainly had those thoughts. Most people I’ve talked with over the years have mentioned that they had those thoughts run through their minds at some point. But I’m here to tell you that a perfect life does not necessarily follow fame or wealth. Yes, wealth can make a lot of things in your life easier, but if you think that tons of money and fame will automatically bring you happiness and contentment, you’re dead wrong. I think you will find that early death and addiction rates are higher in the rich and famous than in the middle class. I think that says something about how imperfect life can be with wealth and fame.

Riches and fame can give you a lot more choices, but you do need to be extremely careful of what choices you make. For example, gifting your wealth to charitable causes can bring far greater and longer lasting satisfaction than feeding a cocaine or alcohol addiction with all that money.

Please don’t misunderstand me; I’m not putting down money and fame or going after great and lofty financial goals. Those are motivating, lots of fun, and can be very satisfying to carry out but be sure you enjoy each hour and day of your life as well as your pursuits and be aware that whatever the end results of your journey, it won’t make your life perfect.

Nobody’s life is perfect. I would even say it shouldn’t be perfect since a perfect life would mean there’s no need for improvement, no goals to reach for, and nothing left to really accomplish. And when you realize this and accept that as fact, your satisfaction and contentment can begin to really soar. Trust me on this; I’ve been there and back and learned that lesson the hard way. In fact, I have to remind myself of that on an almost daily basis. I have found that it is better to “live in the now” where I can recognize what I have and enjoy all the happiness I find on this journey we’re on.

I want to remind you that recognizing that money doesn’t create a perfect life doesn’t mean that money is not important. It is important and it can do so many good things for you and your family and the way you get to live your life. And when you have lots of wealth, you can also help out a lot of other people.

So, you don’t need to set aside your dreams of being wealthy or famous. Just know that those things don’t make your life perfect. It’s the good things that you do with that fame and fortune that will help you lift your life and the lives of the people around you and give you the happiness you want.

The Connection Between Wealth and Giving

There are various reasons and motivators that push people to go after great wealth. But the real bottom line motivator to make even a little money is simply survival because we all need money for food, clothing, and shelter.

Thankfully, most of us have the basics to survive, especially here in the good ole USA. A large part of the reason for this is because of the great freedom and the wonderful free enterprise system that allows even a person born into poverty a good chance to rise above it all and make lots of money and even a fortune starting from scratch, as long as they are willing to put in the effort and the work.

One of the more unique motivators for achieving wealth can be that someone wants to make a lot so that they can give a lot. Now, some people would question that saying, “Why would that push or motivate people to achieve great financial success?”

My answer to that would be, “Because it can make the giver feel on top of the world with wonderful inner feelings that last and last. Plus, it’s a great legacy that can and will linger on long after the giver has passed on.”

I’ve been saying this for years, and I’ll say it for years to come. That feeling of giving back is so very good for the body, mind, and soul. That wonderful feeling can be had from giving both money and non-money stuff. Think of how you feel when you give someone a gift, or do a big favor for someone, or give a great compliment and you receive sincere, enthusiastic, and emotional thanks. There are not many feelings that are a greater reward than what you get when you are a giver.

So, if you and I really take the time to think it through, we may well see what a great motivator it can be for us to push ourselves to make more money so we can give more to others.

Also, never forget all those other things we can give–everything from sincere compliments and praise, our time, our service, and our sincere love and attention to others. The return on these kinds of investments are many times more satisfying than the return we get on our money investments.

My motto is becoming, more and more, “Give more to live more.” Or better yet, “Give more so others can live more!”

Surefire Goal Success

To have and use goals in our lives is so very, very important and I sure believe that it was when I set a goal years ago to make it to millionaire status, that this decision became the most critical resolution of my financial life.

Goal setting really is a kind of magic, one that really works. Of course, there are a couple of things that truly drive a person to reach their goals. I’ve written about this before but it’s so important in our lives and, besides, when I write about stuff like this, it pushes me to make sure I keep striving to do these things I’m telling you are so good for your life.

One of the critical things that give you a huge push to accomplish whatever goal you set is writing it down on paper or on your computer. You see, for me, when I write it down, especially on paper, and post it somewhere I can easily see it, I get to review it daily which is a really huge help.

In my book, How to Ignite Your Passion for Living, I have a chapter, Chapter 7, entitled “The Surefire Way to Stick with Every Goal”. Now, let me tell you about this while I basically plagiarize my own writing. (Don’t tell my wife!)

In that chapter, I write about how to stick with your goals, including using B-RAM, which stands for Benefits, Reasons, and Motivations. This is a list of clearly defined reasons why you want to go after your chosen goal. Now, how does that work?

First of all, you have to think through what your big dream is. Second, you want to know for sure that that this big dream is what you really want out of life, and you can do that by writing down all the benefits, reasons, and motivations – your B-RAM. Third, write the goal down with a timeframe attached.

After you know what you want and why, and you have set your goal, you need to work out an action plan, breaking the goal into short and medium interim goals and action items. That list, especially when written down, pushes you to achieve what you have set as your goal. This little formula has worked for me with relationships, making tons of money, and even winning a gold medal in tennis at the Huntsman World Senior Games.

Most experts agree that if the benefits are powerful enough and if we have strong enough reasons, then our motivation will burn white hot inside of us, to the point that nothing in the world can stop us. So, in those moments that you may feel discouraged, take out your B-RAM lists and read them over and over again. This will re-motivate you and, again, turn on all your mental and physical juices and energy. The likelihood of you remaining down or wanting to quit will be much, much less. Believe me–I know it works!

So, I really hope that you will try this and maybe even teach it to others like your kids, your friends, and anyone that you truly want to help!

Words For Financial Success & Beyond

We just arrived in Kauai, and I realize it was time to write my next blog post. So I found an old blog I wrote years ago that includes a few friends who contributed to a little book I wrote called, A Beginner’s Guide to Investing in Real Estate. Those good friends and fellow writers are Clair Crookston, Bryan Kroff, David Shamy, and Kelvin Miller. In the book, we all talked about making good investments in life, real estate, and other types of investments. So, in this week’s post, I wanted to quote from one of those friends and share with you the ideas and directions a person should follow to come up with, not just great financial returns, but great returns on life.

The purpose of one of the chapters that Brian Kroff contributed to was to develop a game plan that will work for you for any goal — financial, personal, or physical. Brian wrote that “your personal real estate game plan, strategies, and flexibility are just as critical,” as any other goals you might have.

He wrote a lot of great stuff, including this from his own great book: “The knowledge you have and will gain about real estate is what allows you to make wise decisions. When it comes to money, knowledge separates the investor from the speculators. Knowledge is the power to control, at least to a significant degree, what happens to us. Knowledge reduces risk.”

Additionally, he says, “Try to establish, as far as possible, a regular ‘information acquisition’ program. Some people try to read a few minutes each morning or evening. Some use their lunch or coffee break to feed the mind as well as the body. Carefully analyze your personal daily schedule, then set aside a certain time period each day to educate yourself as best you can about real estate.”

He doesn’t stop there. He goes on to say, “Fundamental to beginning in real estate is the establishment of your goals. Determine, as far as possible, how you can achieve them. Everyone is unique and different, so set your own goals. Don’t be afraid if your goals are a little bit different, higher, or even lower than someone else’s. Be specific about your goals and write them down.”

And it’s true. Writing goals down can make a huge difference in your level of success and reaching those goals! So, set your goals, write them down, do your research, and go after what you want.

A Real “Ace” Book

I recently hooked up with an old friend that I hadn’t talked to or emailed for years and years. Yep, it was back in my high school and college days when Albert Goerig, who we called Ace, and I were both on the track team. We were pole vaulters. I think my highest vault was 14 feet 1 inch. I was very proud of that, but I think Ace vaulted higher than that!

We are both turning 80 in less than two years, so neither one of us still pole vaults. However, I do play a pretty good game of tennis. I don’t think Ace does, so I’ll just have to challenge him.

Ace, like me, has written several books. He was so kind as to send me one called Time and Money: Your Guide to Economic Freedom. Wow, this book talks about so many of the things that my books talk about. Everything from how important it is to set goals to keys to motivation to how important these things are for success in your life.

To give you an idea of what good advice and directions you can find in Ace’s book, here’s a partial list of chapter titles and subtitles you’ll find in those pages.

• Your Personal Story and Game Plan
• The Importance of Saving
• The illusion That Money Will Make Us Happy
• How to Change Your Past Behavior
• The Time and Money Game Plan for Economic Freedom
• Investing for Economic Freedom
• Enjoying Life Now
• Paying Off Your Mortgage Early
• Getting Back in Sync with Time

These are just a few of the many great topics Ace writes about in his super motivating book. He has a website, doctorace.com, where you can find free videos on step-by-step debt reduction and simplified investing. You can download his two newest books for free on the site as well.

I highly recommend you go get a copy of Time and Money and read the entire book. You won’t be sorry that you did!  It is so accurate and his words would be helpful for all of us humans!

The Energy Generating Brain

I am pretty sure there’s not many people that wouldn’t like a bit more energy. Okay, maybe an 8-year-old kid has plenty, but most of us, especially as we age, really want and need more energy. The amazing thing about humans is that we can actually create more energy with our minds.

The mind can be one of the strongest and most powerful force that you possess. A overly simple example of the mind creating energy is if you were dead tired at the end of a mountain hike and could hardly take another step, but suddenly you were confronted by a grizzly bear, your brain would immediately send a signal that would produce a huge amount of adrenaline and give you plenty of energy to move very quickly to save yourself. Although that is chemical physiology, even quantum physics has proven that your thoughts can be vibrations of energy.

How about this? You are lying in bed, totally worn out with seemingly no physical or mental energy, and suddenly you think of some incredible new invention. You can visualize how this idea could very possibly make you a quick few million dollars. Suddenly, your brain creates a ton of new energy and you jump out of bed, rush to your desk, and begin putting your great new idea on paper.

Your brain really can create energy. I totally believe that your brain is the key to your financial fortune and my experience backs up this belief. Some say that you can obtain wealth by training your subconscious mind to attract wealth, and I totally agree. If you put those money-making thoughts and plans deeply in your mind and then push very hard to turn those thoughts into action, you can and will be successful.

Quoting from one-mind-one-energy.com, “The most potent form of energy is thought because thought waves are cosmic waves penetrating all time and space.”  The 5 steps below, found on that website, make so much sense and are so very true. We really need to watch our brains like these 5 steps advise.

1. “Watch your thoughts, they become words.”
2. “Watch your words, they become actions.”
3. Watch your actions, they become habits.”
4. Watch your habits, they become your character.”
5. Watch your character, it becomes your destiny.”

Good ole Mahatma Gandhi said something similar: “A man is but the product of his thoughts–what he thinks, he becomes.”

Wow, there’s a bunch of good stuff to pound into our brains that can greatly enhance and improve our lives, whether it’s to make millions of dollars or become whatever we’ve always wanted to become and maybe have fallen short. Plus, who among us doesn’t want to have a ton more energy?

The Six Wealthiest Letters

I just got back from Las Vegas where I gave a speech on financial matters; this was mainly what formulas and so-called secrets I’ve learned over the years on how to make a fortune in today’s world. I gave this presentation to a great new little company that I am pretty sure will not stay small for long–it’s called LyfeStart. I think it will grow at a very rapid pace, for two main reasons: The super sharp and experienced founders and the great product they’ve developed that helps people’s health and longevity as well as putting money in their pockets.

In my speech, I presented the financial lessons I’ve learned from a few millionaires and a couple of billionaires. Specifically, guys like Paul J. Meyer, Larry Rosenberg, Curt Carlson and Aristotle Onassis. There are two formulas that most super financially successful people have discovered and used. They can be summed up with 6 letters: OPM and OPE. OPM is “Other People’s Money” in the form of loans from banks or individuals used to purchase the right assets. OPE is “Other Peoples Efforts” which we talked about in recent posts. How do either or both of these help insure that you will make a fortune? They help you leverage yourself. As all of know with a long enough lever we can lift almost any heavy object that we want to. And believe me the same is true if you use the right lever to lift the financial part of your life. Just about every wealthy person I’ve ever met or read about has used either OPM or OPE or a combination of both.

You see what you are doing is multiplying yourself since there is not enough time in your life to do really big things financially by yourself. Believe me, billionaires know what they’re talking about. They’ve done it. Salary, commission and other income just doesn’t cut it; you don’t make a billion dollars that way and, in most cases, not even a million. There are just not enough hours in your life to make those huge numbers happen. The average person lives only about 700,000 hours. So, if you made $200,000 dollars a year and didn’t spend one penny of that, do you know how long it would take you to be a billionaire? The answer: a whopping 5,000 years!

To make it big financially you just have to use OPM or OPE or both. When it comes to OPE, what I hear the most is that “there’s just not many good people out there anymore” to which I say that’s a bunch of bunk! There are many super people out there that can and will assist you. You just need to go out there and find them. Then give them enough incentive, sell them on your dream and provide them with good direction. I’ve associated and hired so many great people that many times do a much, much better job at certain tasks, than I do. This has greatly enhanced my life and my net worth.

One of the secrets that my wealthy mentors also taught me is to be sure to study what talents and natural abilities people have and then put them in the positions that best use those very talents. That makes them happy and fulfilled while moving you faster and closer to your goals.