Showing posts with label Free Market Economy. Show all posts
Showing posts with label Free Market Economy. Show all posts

Monday, November 23, 2009

Reality Based Thinking

Reality TV seems to be by far the hottest thing on the tube right now. It amazes me that people watch so much reality TV, yet they don’t face reality in their own lives. You see, in “reality” there are two ways of viewing life that ultimately dictate how you choose to live. They are two dichotomous world perspectives. These two worlds are – the world of “Should Be” and the world of “As Is.” The sooner you get out of the world of “Should Be” and enter the world of “As Is”, the faster you will succeed in life.

There is a very common school of thought that suggests that a perfect balance of fairness and equality should exist amongst all people - there “should be” no racism, no sexism, no classism, no poor, no exceedingly rich, no this, no that, and SOMEBODY should Change the way things are so everyone has a chance to be equal because that would be fair. In a perfect world, all of that might be true, but… that is not REALITY.

The world of “As Is” puts the truth straight in your face and forces you to deal with it as it is. Once you deal with the world of "As Is", you make no more excuses for not being successful no matter what you are starting with or what obstacles are presented to you. You become solution oriented and no longer use HOPE as a strategy (Hoping things will change and be equal is a poor strategy. You accept the real world and navigate your way through the tough challenges of life. You will succeed or you won’t and no one will care except you… that’s the world of As Is.

The world of "As Is" says that even though the playing field is not level and there are many obstacles in front of me, I have the power to overcome them or to succumb to them, but either way it’s MY CHOICE.

Below are two examples to dramatically illustrate how crazy it is when you are stuck in the world of "should be" and how simple life can be when you enter the world of "as is."

Person #1 walks into a room with the intent to come out on the other side but soon realizes that there is no door to exit. He says to himself, “hmmm! There should be a door here,” and proceeds to walk into the wall. He backs up and gets angry and says again, “there should be a door here.” He continues bumping into the wall over and over until he finally gives up hope and sits down and progresses no further thinking to himself that life is not fair because there should be a door here.

Person #2 walks into the same room with the intention of coming out on the other side and also sees that there is no exit straight through. The thought does cross her mind that there should be a door there, but she does not hesitate or dwell on that thought. She simply walks back out the door having learned a valuable lesson, and then walks through the adjoining hallway that she discovered being solution oriented and passes by that room on to her desired destination.

Which world are you living in?

Thursday, April 16, 2009

Wealth Building Secrets

I want to welcome you to a new and revolutionary look at wealth building that transcends any economic swing – positive or negative. I want to share with you the fundamentals of how a free market economy, such as that which we live in, has the potential to produce wealth consistently if you are able to both see and, in a timely fashion, seize the abundance of opportunities that are constantly created.

Wealth building starts with a shift in perspective that requires a close examination of how the entire system works. Once you understand the rules (allowances and restrictions), and the nature of the economy it becomes easy to master over time.

This starts with understanding the foundation of our economy which you can find in Adam Smith’s 1776 masterpiece, “An Inquiry into the Nature and Causes of the Wealth of Nations.” Without getting into a long winded economic explanation of what a free market economy is based upon, it can be summed up in three major points:

1. It allows competition domestically and is open to trade with the rest of the world
2. It has institutions that make an economy work
3. It has a judicial system that enforces the rights of ownership

In the coming weeks, I will explain exactly how to employ these fundamental rules to creating an abundance of wealth through business ownership, real estate investing and securities investing that can be passed on from generation to generation.

To understand the nature of free market economies and how wealth is developed requires you to tap into your primitive survival mindset. It requires you to understand that “the market” like nature can provide everything you need to flourish, but “the market” just like nature is unforgiving if you do not pay attention. Mistakes can be catastrophic if you do not respect the power of the market.

Alan Greenspan summed it up best in this quote:

“Market economies have succeeded over the centuries by thoroughly weeding out the inefficient and poorly equipped, and by granting rewards to those who anticipate consumer demand and meet with the most efficient use of labor and capital resources.”

We are about to witness the greatest transfer of wealth in US history. For those who have the courage and tenacity to succeed, I will be offering - from my personal experience and the experience of others - tips, secrets and opportunities to be on the receiving end of this massive shift of wealth. I welcome any and all questions or comments and look forward to sharing with you.