Posts Tagged ‘Wealth Creation’

Thoughts from Successful Thinkers

Wednesday, April 7th, 2010

Writing as often as I can in this blog on wealth creation keeps me focused on my own journey. As I write with the idea that I can hopefully help others, it is also true that I will benefit, so I thank you for that.

Because of this blog I am constantly reading and researching the thoughts and ideas of many successful people. Lately D.J Swhartz, Ph.D author of The Magic of Thinking Big has been one of the books I have been studying. I want to share some of the successful thoughts from this book for you to examine and consider if they have a place in your thinking.

  • Becoming successful means making the most of yourself. Making the most of yourself means believing you are capable of doing or becoming whatever you set your mind to.
  • Successful people live until they die. No matter what are you living the life you have to the fullest? Making the most of what you have no matter how little is a crucial step to living successfully.
  • Use the skills you have. You have skills but if you don’t use them they are of no use. Your skils don’t even have to be of the highest level, with interest, enthusiasm and a positive attitude you can be a great success.
  • Your attitude can make you or break you. This is true in every area of your life. Choose the right attitude, be positive.
  • Every action you take will have an effect. Are your actions creating the effects you want? If not you can change them your actions are your choice.
  • How do you present yourself to the world? You don’t have to spend a lot to stand tall, smile and dress as well as you can.
  • Know the people in your daily life. What do they love, what are they dreams, their fears? Developing an interest in others creates successful relationships.

These are just some of the things to examine and consider on your journey of success and wealth creation and remember it’s all about enjoying the trip.

Have a Fun Day

Teresa and Team at

AustraliaWealth.com.au

Who are you really?

Tuesday, April 6th, 2010

If you have decided to get rich it’s a good idea to know who you are. Most of us have developed low opinions of ourselves believing we are not good enough. It is important to know who you are, what you are honestly capable of and if you need to make any changes in order to become rich.

It is important to know what skills you have and what skills you need to improve as well as doing a honest and accurate self evaluation. It may help to ask someone who knows you well to assist you with your evaluation. Consider your education, your experience, any talents, skills or abilities and your relationships. You are bound to find out that your are more capable then you have considered in the past.

Wealth creation does involve believing in yourself and your abilities, not boasting about them but, having a deep inner knowledge that you are capable. Another aspect of knowing yourself is understanding your overall disposition and outlook on life. You will get a better clue about this by starting to notice the words you use on a daily basis. When someone asks you how you are what is your answer? Do you reply using positive or negative words? When you talk about others do you speak highly of them? Do you you encourage and compliment others?

You may wonder what all this has to do with wealth creation or getting rich, but attitude is very important. Knowing yourself, what you are capable of and how you look at life are all necessary in understanding why you may not have previously been successful in getting rich. We can all be wealthy, if we choose to, as long as we know what we have to give of ourselves and if we are willingly to do what it takes.

Have an Awesome Day

Teresa and the Team at

AustraliaWealth.com.au

Let Money Be Your Friend

Sunday, April 4th, 2010

Everyday we are involved with money. Everyday billions upon billons of dollars exchange hands. Money doesn’t care who earns a lot or a little of it, it simply keeps circulating around.

Your attitude, your feelings, your subconscious thoughts and your actions will be what determines whether you live a wealthy life or a poor one. Money carries no feelings about you and it makes no judgements about who should have more, it is not good or bad. Money is simply a means of exchange one that everybody needs.

Money is your friend it allows you to be generous, to pay your bills on time, to keep yourself and your family clothed and well fed. It allows you to be independant and make contributions that really make a difference. If you have enough money, if you have saved and planned and invested wisely you can spend your time where you want.

It’s okay to be wealthy, if you are not it is probably simply because you believe it’s wrong or because you haven’t taken all the necessary steps to become wealthy. You can learn everything you need to do to create wealth just like you can learn any other skill and become good at it. You need to learn focus and commitment, perserverance and determination these are skills required for wealth as much as for any other kind of success in your life.

So let money be your friend, let it give you what you want, do for you what you want, share it with whoever you want. Learn the principles that every other wealthy person has learned then find your vehicle and let money be your friend.

Have a funfilled day

Teresa and the Team at

AustraliaWealth.com.au

The Work Life Balance

Tuesday, March 30th, 2010

How do you feel about your life? Do you have enough quality time with your family? Do you have enough time to do the things you love? Are you working enough or too much?

Many of my friends lately have been complaining about how busy life is. That the days are just a crazy collection of busyness. We have decided there must be a solution a simpler way that doesn’t include discarding all your worldly possesion and going to live in the bush.

The most important reason for looking at your life and how you balance it with work and your other commitments is because you deserve to live a good life. Some of us learn our life’s lessons too late and I believe it is a duty to pass on what we have learned and hope that others do not repeat our mistakes if possible. I’m sure you have heard the scenario of being on your death bed and not wishing you had spent more time at work.

So how can we be wealthy, make a contribution and still enjoy life and time with family?

There are several things that will help us to gain wealth and starting as early as possible is the best option. At the forefront of wealth creation is savings. Whatever your income it is possible to save. You may have to resist the desire to buy every latest gadget but ask yourself if they truly contribute to your quality of life or are they a diversion from it.

No one can examine your life and give you more time for the things you enjoy except you, even one hour a day could make a difference. Educate yourself on multiplying your sources of income without having to increase the time you have to give. You can create options that mean you can reduce the time you currently commit to earning an income. There are areas of investing that can supply you with regular income, there is the option of internet businesses that can be conducted anywhere, anytime.

If you feel you are spending too much time away from family and the things you enjoy don’t just accept it as being the only way to survive, look for other options and opportunities.

Have an Amazing Day

Teresa and the Team at

AustraliaWealth.com.au

21st Century Education

Saturday, March 27th, 2010

Your 21st Century Education can go from strength to strengh with the release of Jamie McIntyres new 21st Century Wealth Educator magazine. If the first edition, which was released earlier this month, is an indication of whats to come then you will always have plenty to learn and keep you informed.   One of the main articles covers an interview with Richard Branson where he shares seven key lessons for business and life. Not to be outdone Warren Buffett shares his thoughts on being a billionaire.

Of course we are all starting to realise the benefit of a correct mindset, one that is attuned to and focused towards wealth creation and success. Jamie would never leave this area uncovered and who else would he choose to be a part of his first edition but Napolean Hill. The timeless strategies first published over 70 years ago in Think and Grow Rich need constant revisiting and more so now as we dust ourselves off after the worst financial crisis the world has seen.

What you will also learn in the first edition of the new Wealth Educator magazine is reassurance that Australia is still sitting pretty when it comes to wealth creation through property. Jamie explains that Australia is in a solid position and will grow stronger in the future due to our strong trade relationship with China and our ability to cope with population growth. Interest rates are rising but only so we can have steady property growth and not a bubble effect that is difficult or impossible to sustain.

Also in the area of property we learn from Konrad Bobilak, that property investing is not necessarily about property but more about managing the amount of good debt you use to acquire appreciating assets. An interesting fact worth noting in this article is The Pareto Principle, otherwise known as the 80/20 rule, which states that 80% of effects are caused by 20% of causes. This principle has been proven in many different scenarios and in wealth creation it simply means that 80% of your wealth will come from 20% of your investment strategies.

Successful wealth creation in the 21st century will come from being well informed and well educated and Jamie is doing his best to ensure he provides you with the best education possible.

Have a Successful Day

Teresa and the Team at

AustraliaWealth.com.au

The Salesman’s Prayer ~ Og Mandino

Tuesday, March 23rd, 2010

The following prayer is included in Og Mandino’s book, The Greatest Salesman in the World. What has this got to do with investing? Well in a way we are all sales people in one way or another.

Jamie McIntyre has said that if you learn the skills of sales well enough, if you are honest and work with integrity you have the potential to substantially increase your income a thousand times over. I believe this prayer is versatile enough to carry you through many situations in life. It will certainly assist you to maintain the right mindset for wealth creation. My husband memorised it and could recite it when he needed to, I hope you find something in it for yourself.

The Salesman’s Prayer by Og Mandino
Oh creator of all things, help me. For this day I go out into the world naked & alone, & without your hand to guide me I will wander far from the path, which leads to success & happiness.
I ask not for gold or garments or even opportunities equal to my ability; instead, guide me so that I
may acquire ability equal to my opportunities.
You have taught the lion & the eagle how to hunt & prosper with teeth & claw. Teach me how to hunt with words and prosper with love so that I may be a lion among men & an eagle in the market place.
Help me to remain humble through obstacles & failures; yet hide not from mine eyes the prize that
will come with victory.
Assign me tasks to which others have failed, yet guide me to pluck the seeds of success from their
failures. Confront me with fears that will temper my spirits; yet endow me with courage to laugh at
my misgivings.
Spare me sufficient days to reach my goals; yet help me to live this day as though it be my last.
Guide me in my words that they may bear fruit; yet silence me from gossip that none be maligned.
Discipline me in the habit of trying & trying again; yet show me the way to make use of the law of
averages. Favor me with alertness to recognize opportunity; yet endow me with patience, which will concentrate my strength.
Bathe me in good habits that the bad ones may drown; yet grant me compassion for weakness in
others. Suffer me to know that all things shall pass; yet help me to count my blessings of today.
Expose me to hate so it not be a stranger; yet fill my cup with love to turn strangers into friends.
But all these things be only if thy will. I am a small & a lonely grape clutching the vine yet thou hast
made me different from all others. Verily, there must be a special place for me. Guide me. Help me.
Show me the way.
Let me become all you planned for me when my seed was selected by you to sprout in the vineyard of the world.
Help this humble salesman.
Guide me, God.

Have a Fantastic Day

Teresa and the Team at

AustraliaWealth.com.au

Be All You Can Be

Saturday, March 13th, 2010

We are always talking about wealth creation and securing our financial future but is there more we could do?

There will always be someone who’s needs are greater than our own and when any one of us is in a position of wealth than giving back becomes a responsibility. Australians are great givers, donations have poured in for aid relief to those devastated by any kind of disaster or tradgedy from all across the nation but I am talking about more than that. I am suggesting more than just donating to charity. I am talking about being all you can be.

Have you ever entertained the idea of creating a charity, a homeless shelter or a foundation for health research. The opportunities and possibilities are endless, one wealthy Australian property investor I have reaseached recently created a home for troubled teens unable to continue living with their parents.

Another wealthy Australian Jamie McIntyre was an average kid that grew up on a farm in the country he is now a gifted educator. Jamie travels the country teaching other Australians how to create wealth and then to give some of it back. Being all you can be is about digging deep into your soul, it’s about doing what you need to do in order to succeed, it’s about taking that success one step further and creating an amazing legacy to leave behind.

It is true that we can all make a difference and even making a small difference should not be underestimated, there will always be a ripple effect. But just imagine for a while that you could make a big difference. What would it be? What is it that moves you? In what way will you be all you can be?

Have a grateful day

Teresa and the Team at

AustraliaWealth.com.au

Income is Good But Capital Growth is Better

Wednesday, March 10th, 2010

So you have you have decided it’s time to start thinking about investing. It is actually a very critical issue in today’s society and economic situation. When Centrelink starts offering investment seminars it’s time to realise the government needs you to be financially independant. Their rescources aren’t going to be enough to go around. The number of taxpayers per pensioner is less and less. Finding funding to support an individual who may live 20 years past retirement is already difficult as is reflected in just how little they recieve.

All that should make it pretty clear that investment has to be a part of everybodies budget. Income is no longer enough on its own, it has to be used to create capital growth, that’s where the real money is. One of the greatest opportunities in Australia for capital growth is in property and residential property is the greatest perfomer. The majority of millionaires have made their wealth through property both in Australia and Worldwide.

Residential property gives your money a great deal of leverage, meaning with just a small amount of money you can secure a property of much greater value, with the added ability of increasing it’s value. Remember the whole purpose here is to create wealth for yourself and your family, your future is up to you. I hope that as many people as possible can see the importance of doing more than just earning an income.

Property investment is a long term wealth creation strategy, at least that is where you will find you have the most benefits, the least expenses and the greatest potential for gain. The idea is to start small by buying a property that is affordable to the majority of middle income earners. Wait for capital growth, build some equity and then repeat the process. The simpler you make it by following proven methods and strategies the more enjoyable and rewarding the experience.

Have an Incredible Day

Teresa and the Team at

AustraliaWealth.com.au

What Do You Enjoy?

Friday, February 26th, 2010

I remember being at a business training session some time ago with Jamie McIntyre as the trainer and before we got started, Jamie asked everyone, ‘What do you enjoy doing?’

I couldn’t really answer. I was a wife and mother of four and of course I enjoyed being with my family but Jamie wanted more than that. He wanted to know what I enjoyed doing for me. I couldn’t understand why that was so hard to answer. It wasn’t just me though, there were others that couldn’t come up with much of a list.

We finally came to the conclusion that we had blocked out the things we enjoyed because we just didn’t have room for them in our lives. We either didn’t have enough time or money to enjoy them.

Is that how life is supposed to be?

Well everyone at that training session decided it wasn’t. If we wanted to increase our earning ability, not just a little but really increase it, we had to have a good reason. So that became our first task, to have some fun and work out what we really enjoyed doing.

Jamie explained that often when people have trouble with this it can be easier to start with all the things we don’t enjoy. So we began writing a list of all the things in our lives that caused us to feel angry, stressed, frustrated, fearful, dissatisfied or that we absolutely hated doing. As we did this we began to notice our feelings and how strongly we felt about not having those things in our life anymore.

Once we got through this list it was a lot easier to think of what our hearts really desired in our lives, what made us happy and fulfilled, what energised and motivated us and how we felt about not having them in our lives. The whole point of the excercise was to work out why these things weren’t a part of our lives and decide what we needed to do to change that.

At that training session we learnt that being motivated to create wealth in your life often offers some very important side benefits. Creating wealth is not just about earning more money it’s about having a better, more fulfilling and balanced life. Often the reason most people don’t live more financially fulfilling lives is because they have given up on, or never had, a reason why. They have forgotten what they really enjoy.

So let me ask you. ‘What do you enjoy’?

Have a Day you Enjoy

Teresa and the Team at

AustraliaWealth.com.au

You Don’t Need Approval to Drive a White Mercedes

Monday, February 8th, 2010

How do you feel about creating  wealth or becoming successful? Do you get excited by the thought? Do you feel its something you can achieve? …Or…

Do you have a nagging voice in your head telling you over and over, you can’t do it, you don’t deserve it, are you worried about what people will think or some other irrational reason?

It has taken me a long time to put a muzzle on my nagging voice. I have dreamed the dreams, I have goal set, I have recited affirmations but still wealth eluded me.

But not anymore, I have given up being worried about stepping out of my comfort zone, there really is no comfort there just numbness and dellusion.

I have given up looking at successful people wishing that was me. I have come to realise that success is about knowing what it takes and then just doing it. It is really that simple. It may take you a month, it may take you a year, it may take you ten years to reach the goal you set yourself but reach it you will, if you know what you have to do and do it.

There are many paths you can take that will lead you to success, pick one that’s right for you and follow it. If you love it you’ll keep doing it.

It is important that you choose something that you are passionate about to be successful at. Love will conquer most things in this world including your fear of success, so love what you do.

You don’t have to have everyone agreeing with you, or believing in you, you don’t need approval to pursue a dream.

You do need a reason ‘why’ you want it. You do need to know what it’s going to take, what you need to do. Then you just need to do it.

Have an amazing day

Teresa and the Team at

AustraliaWealth.com.au