Tag: Vision

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Patience, Persistence and Faith


Life is a journey worth taking, even though none of us has been given the choice to take it or not. Now that we are here, in it, let’s explore together some aspects that would make this inevitable journey enjoyable, as well as rewarding.

Remember learning to ride your first bike, competing with your classmates, working hard to get your first paycheck? None of those, and million other things, you’ve achieved or endured, would have seen the light without the jewel of all virtues: Patience!

Yet, patience alone is not enough, especially if it was serving the wrong dream; something that would lead to agony instead of joy, to disappointment not satisfaction. But do we always pick and choose what to bear and what not? A sudden illness, the death of a loved one, natural disasters, the list is long, very long.

Here comes another weapon in the face of the unfortunate: Persistence. One could be patient, but that patience is short-lived, fleeting as soon as the squeeze of the situation gets firmer. I’m not talking hypothetically, but rather factually.

Persistence is staying the course, no matter what it takes. Tough? You bet! Nevertheless, and most of the time, behind that mountain of toughness there would be a meadow of peace.

Now you might ask: Where do I get the momentum, the positive energy to be patient and persistent? You need a purpose you believe in. And that is the third element: Faith.

Without unwavering faith in what you do, and where you’re going, it’s almost impossible to endure patience, let alone persistence. Faith gives you the capacity to ‘see’ what’s beyond that which seems ugly and impossible. It gives a feeling of assurance and an enriching sense of possibility, of reaching that which you’ve been striving to reach.

In the next story we will talk about tips that would enhance our ability to attain and maintain these three vital life endowments: Patience, Persistence and Faith.

Stay tuned!

TWM

 

P.S. This post has also been published on Medium.com under Yaman Saleh, Owner of TWM

View at Medium.com

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The Wealth Making Architect™


If you performed a Google™ search on the above title, you’d get something along the lines of either wealth advisors or engineering architects.

I wanted to introduce this term to reflect the necessity of building wealth from the ground up. Furthermore, to emphasize that “wealth” is not only financial. When an engineer designed a house, for example, he/she would take into consideration all the aspects which would make that house livable and ready to become a home!

Another vital step in creating that architecture is to create a blueprint. Have you ever heard of any sort of construction that didn’t have a blueprint to start with, to build upon and use as a baseline?

A Wealth Making Architect (WMA™) is going to follow the path of his/her counterparts in other disciplines. However, instead of designing a brick and mortar dwelling, they design a life-long wealth making, growing, and maintaining epic, with the client being the hero.

And here’s a list of the steps involved:

  1. Find out what the requirements really are: Working closely with your client, you set an objective to clearly “understand” the hopes, the dreams, the needs, and the responsibilities of that client. Once you’ve reached such understanding, you turn it into a set of specific, implementable”requirements”; one which the client accepts and feels satisfied with
  2. Now you go to the drawing board and create a solution derived from the requirements. This is easier said than done. How can you “weave” requirements into solutions? Into a blueprint that has an eye on the vision, and another on the strategy and plan. Your knowledge and expertise play a major role here, and that involves specific methods, processes, products and/or services available. Sometimes you might need to seek help from other members of your organization/team to “develop” new products or services that would meet the requirements (those must prove reusable with other clients in order to justify the cost and time of a new development)
  3. The next step is a comprehensive review of the solution with your client. Although you both had reached a set of specific requirements, the blueprint might not express what the client was hoping for. This could be the result of the client being not sufficiently informed/educated, or it could be a flaw in the design. Either way, a revision and an update version of the solution should be created. This can take more than one iteration
  4. Once you reach an agreement with the client on the blueprint of his/her financial story, you start translating that solution into long-term and short-term objectives. Each objective requires an action plan. Here comes the knowledge and skill of financial planning, or let’s say, wealth-making planning; the bits and bytes of what needs to be done on a daily basis
  5. Implementing the plans is not an open-ended endeavor. You wouldn’t hand them over to the client and “instruct” him/her to go ahead and “do” the steps! You still need to work with them regularly, and make sure they are ready to commit their time and energy to implementing what has been mutually agreed upon
  6. As with any plan, the process continues dynamically. This is the tracking/observing, feedback, review and update/correction cycle. Plans are not meant to be set in stone. They must evolve in reflection to consistent change. However, a good architect would not divert too much from the original vision and the blueprint.

The past is gone for all of us. The future is known to none of us. All we’ve got is the present moment. Planning, to a great extent, is a matter of trying to predict the future based on past experiences. It helps, but nothing is certain. That’s why it’s a good practice to keep risk planning in sight, and always have plan B within reach!

The Wealth Maker

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Are you ready to start?


Why do most dreamers end up at the nearside of their dreamland?

Why do only three percent of the population, or less, make it, financially?

Is it lack of knowledge or lack of courage?

Or is it a main effect (not a side-effect) of a widespread disease called: Perfectionism?

How much preparation does one need in order to start? And what kind of preparation is that?

We tend to fall prey to our own predictions! Our own procrastination, which is, oftentimes, an implicit result of our fears…

So, when do we start? At the onset of the dream, or when the dream starts vanishing!

When the dream is ripe; clear in your mind and soul, and you take one action, just one simple action, something remarkable happens!

Trouble? Challenges? You bet! Yet, you got a huge advantage there; the image is still vivid behind your eyes and between your ears. Sometimes it’s even pounding in your chest.

While challenges mount up the moment you start, your momentum has been set in motion. Just before that one action, you had been in total inertia. Your own dream had been weighing you down.

Never wait till your plans are perfect. They will never be.

Dream vividly, intend purposefully, plan carefully, yet, start taking actions now!

The process is not linear. Always balance out your preparation and your action energy, even if you have to juggle between the two. Actions give you valuable feedback on your plans, so you would revise and improve them. Plans, on the other hand, guide your actions, so you wouldn’t shoot in the dark!

The Wealth Maker

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Making Money Online


Before you start reading this article, why don’t you perform a simple Google search on the title of the post. I just did: 54,600,000 results! And counting.

Why all this interest in making an online income, whether a supplementary income, or a main one? I don’t think there’s one definite answer, but among the reasons could be the following:

1- The economy is still soft. Finding a traditional job is not that easy anymore

2- The hype: So many people have the false impression that making money online is easy, and requires minimum, or no work at all. That’s why the failure rate is more than 95%!

3- Unlike making money off-line, scam is the mainstream of most advertised opportunities

4- A lot of workers have become fed up with corporate cultures. They want to have their own thing. Unfortunately, while the frustration is understandable, securing a viable alternative online is difficult, to say the least

Does the above mean you can’t build your own online empire? Not at all. It just sheds the light on some of the facts that most of us ignore, as we become hyped up by the attraction of easy, fast money.

Millions are being promised within a month or less. When you get in, you realize that those millions were made under very special circumstances, which you can’t imitate, unless you “upgrade” to the premium “package”, spending more money on an illusion!

So what should you do?

The first step would be to ask yourself: Why do I want to make money online? Even if the answer was clear in your head, write it down, in as much details as possible. This would be your vision.

The next question is: Do I have what it takes to create some sort of an income on the Cyberspace? To answer this one, you first need to know “What it takes”, right?

I can tell you few of the factors, but you must do your own research as well.

It takes time, dedication, the ability to work alone, or in other words, discipline. It takes time management skills, and it may take some money; a starting capital. Finally, it takes finding the right, legitimate online opportunity, that fits your needs, your resources and your skills. A business that has the potential to fulfill your vision.

The third question is: How would I find such an opportunity? And how would I know it’s legitimate, not scam? You’ve got to search for it my friend! Exactly like searching for a business opportunity off-line. It could be joining an exsiting online business as an “affiliate”, making money through commissions. Or it could be starting your own online business.

I’m going to leave you now to think about this topic. Please share your thoughts and/or questions.

In the next post, I’ll talk about different categories of online opportunities. Stay tuned!

Wish you happy and safe online “work”…

The Wealth Maker

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Investment Strategy


 

So what is an investment strategy? It’s not an action plan, it’s not a mission statement, and it’s not a set of objectives.

Actually, these concepts are organized as follows: You start with a vision, then a mission to reach that vision, then a set of objectives to guide you through your movement towards the vision. Then comes the strategy, which defines “how” you’re going to achieve the objectives, how you’re going to carry out the mission, and how you’re going to reach the vision. Finally, an action plan is the actual set of steps you take to implement all the above within the framework of your intentions. In other words, the action plan is the manifestation of your intentions.

Let’s start with the vision.

A vision is what you see in the future. In the context of investing, it’s what you see yourself achieve, say 10 years from now.

Your vision is tightly related to your self concept. If having a million freaks you out, because you don’t know what to do with it, or because you worry about protecting it, then don’t worry. You won’t reach that amount! Wealth or poverty, both lie within, not without. Do you want a proof? More than 90% of those who hit the jackpot lose all the money within a year. Why? They are poor on the inside. They can’t handle prosperity, it’s too much for them.

On the other hand, truly wealthy people, stay wealthy, even if their bank accounts are clean and shiny :-). How? They have what it takes, on the inside, to create physical wealth again and again, all because they are full of non-physical wealth. Their minds and hearts are rich.

You always need to start with a vision. You actually do start with one even if you don’t notice consciously. “Everything is created twice” (to quote Stephen Covey): First in our minds, then on the ground. The better the first creation, the more robust and successful the second. So instead of delving into a life-changing experience like investing subconsciously, without being fully aware of your final target, I’m inviting you to sit down, grab a pen and paper, and chart some course.

Now along the path, you’ll face challenges and difficulties, or even unexpected success! Have you heard of the “fear of success”? You need to be prepared. And that where objectives come into play. They guide your march towards your vision.

Success is not only achieving “what” you set for to achieve, it’s also “how” you intend to achieve it.

In summary,  an investment strategy is your approach to investing. It’s your vehicle to reaching your vision.

In a following post, I may give some practical examples of the embodiment of a good investment strategy.

Till then, stay healthy, wealthy, and wise…

The Wealth Maker