Yesterday’s post explained how I achieved financial security for life, in just 8 years. It generated a lot of interest and some great questions, including this one:
“Is the ability to achieve financial security for life something you are born with or something you can learn?”
I’m going to answer that question in today’s post!
Financial security: What is it?
You need to start, by defining financial security. My definition is that you have enough money, that you never have to worry about money, because you are always able to generate more than you need. I explain financial security in more detail here.
Others insist you need to have a particular amount in the bank to be secure. The problem with that definition, is that even with a few million in the bank, you can lose it overnight with a bad investment. More commonly, people can lose tens of millions over a period of years due to not understanding how money works; as many, many lottery winners and celebrities have discovered!
Financial security: Can anyone achieve it?
Ask anyone who has achieved it and they will tell you the same as I do; “Yes, almost anyone can achieve financial security for life!”
Ask people who are still struggling financially and you will get a range of answers, including suggestions that self-made financial successes have some kind of weird super-powers! You don’t need special powers to be able to write a plan (or hire someone to write it) and then follow it! That’s all that’s required.
One rhe reason so few people achieve it, is that they go looking in the wrong places.
Financial success seldom interrupts us
The masses expect great opportunities to be clear-cut and packaged. Millions of misguided people go looking for “wealth” in $30 ebooks or seminars by wealth gurus. The reality is very different. The reality is that genuine opportunities DO NOT interrupt us, via email or a guru’s wealth program! Financial security comes from investing the time learning the basics of business and putting those basics into action.
Here’s a tip – Make your own opportunities!
You certainly don’t have to be super-smart to become financially secure for life, but you do need to be smart enough not to blow your chances, by looking for non-existent silver bullets.
No one told me to start a blog, with the guarantee that if I invested the time and money required, it would generate a six figure income for my business every year. I saw an opportunity and invested everything that was needed, for it to develop. Most people wouldn’t invest the time or money I have into their blog. For example, I decided to invest the time most people spend watching TV, writing these posts for you. I decided to invest the money most people spend on cable TV, to get fast, reliable web hosting, so this site was always here for you.
The bottom line: You don’t need “special powers” to become financially secure for life. You just need to be courageous enough to make your own opportunities and smart enough to invest the time and money required to make it happen. Yes it genuinely is easy to do BUT it’s massively easier not to do, which is why so few people do it.
IMPORTANT: If you want to make more sales, boost your profits and grow an amazing business, this will help you!