9 Free Ways to Become Wealthy

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Wealth is normally defined in terms of money. But that is confusing wealth with riches. The following is from the blog, Marc and Angel Hack Life.

The real measure of your wealth is how much you’d be worth if you lost all your money.  Start building real wealth today by doing the following:

  1. Realize that the small things are really the big things. – We are always looking for something better that we sometimes fail to realize that we already have the best we could hope for.  When you get something small, you want more.  When you get more, you desire even more.  But when you lose everything, you realize the small things were really the big things.  Read The Last Lecture.
  2. Cherish your relationships. – Sometimes people are beautiful, not in looks, not in what they say, just in who they are and what they do.  Remember, you will never fully appreciate all of the things someone does for you until you find yourself doing the same things for yourself.  So be grateful for the people who make your life a little brighter.  They are the charming gardeners who help your soul blossom.
  3. Be okay with the fact that you can’t control everything. – When you’re younger, you exhaust yourself trying to take charge of everything in your life, other people, and all situations.  Then one day it dawns on you that you will never gain control until you lose the need to have it – until you can simply let it be okay, to not be perfectly okay.  When you’re wearing yourself ragged trying to juggle the outcome of everything happening around you, it’s time to stop, take a breath, and remind yourself that the only things you can truly control, are what choices you will make, and how much control you will give to the fear that you’re feeling.

Go to Marc and Angel Hack Life to read the remaining six ways to become wealthy.

Peak Performance



Donald S. Christiansen, University of Washington sports psychology consultant, lists characteristics of “peak performance,” sometimes called “the zone.”

The athlete is:

  1. physically relaxed
  2. mentally calm
  3. focused
  4. alert
  5. confident
  6. in control
  7. positive
  8. feeling enjoyment
  9. feeling effortless
  10. on “automatic”
  11. focused on the present moment

Focus and Happines

A recent happiness study from Matthew Killingsworth and Daniel Gilbert found that the more our minds wander, the less happy we are. Summing the research, the New York Times wrote, “Whatever people were doing, whether it was having sex or reading or shopping, they tended to be happier if they focused on the activity instead of thinking about something else.” In short, being mentally “present” and focused on the task at hand really does matter – quite a lot, in fact. Source.

Focus and Happiness

A recent happiness study from Matthew Killingsworth and Daniel Gilbert found that the more our minds wander, the less happy we are. Summing the research, the New York Times wrote, "Whatever people were doing, whether it was having sex or reading or shopping, they tended to be happier if they focused on the activity instead of thinking about something else." In short, being mentally "present" and focused on the task at hand really does matter – quite a lot, in fact. Source.

What To Do NOW in Your Practice - Notes from Conference Call

The following notes from the conference call today is an expansion of what I have been discussing with my coaching clients over the past several months. Be positive. Clients do not need you to parrot the negativity of CNBC or the local paper. They need hope in a times of crisis, not someone to shout “the ship is sinking.” If the market is going down stating the obvious is of no value. Your job is to be a valued added strategic partner. You help them achieve their dreams. In difficult times clients are distracted from their dreams and you must first deal with the distraction before you can refocus them on their dreams.

Two Great Resources We are lucky today to have two great resources from knowledgeable experts to help in refocusing our clients.

Fed Chairman Bernanke’s Speech to the Economic Club of New York, NY on October 15

Click here for the speech.

  1. The speech is good, but the important information is in the answers he gave during the Q&A.
  2. This is not 1929-32 - we learned from our mistakes. Hover waited three years to respond and then tightened money. Fed acted immediately and loosened.
  3. Fed Reserve has doubled in size, giving it a greater ability to impact the economy positively.
  4. Everything hinges on the banks lending money again.
  5. Therefore the Fed’s money will be used to stimulate the economy, if a bank does not lend money they will not be given money. They will learn quickly to start lending.

What controls the market? What makes the Market go up? Cash flow. What makes the market go down? Lack of cash flow. Cash flow into the economy is cash into the market. The infusion of $800 billion into the economy will be a stimulus

See Mastery Habit - Never Follow Institutional Managers During Extremes in the Stock Market

SO WHAT DO YOU DO NOW IN YOUR PRACTICE? First, realize what is happening - you are surrounded by a crisis situation. People are panicking and need your help. Second, respond properly to the crisis - with a calm, clear head. Third, act quickly - great leaders do not delay. Rarely does delay improve a situation, it just postpones the problem. Be decisive.

See Mastery Habit - In Good Times Focus on Clients, In Bad Times Focus on Prospects

To review:

  1. Prepare yourself
  2. Settle clients' worries through a rational argument using mass communication
  3. Ask if they feel a need to reassess there risk and comfort level
  4. Offer an opportunity to help others they know who are not being communicated with properly
  5. Focus on prospects

How to Focus on Prospects

  1. Add paragraph mentioned earlier to the bottom of your mass communication.
  2. Contact every existing prospect, even those who told you to call them later. Offer them a “no cost, no obligation” analysis.
  3. Call your Top 25 and ask for an introduction to other they know are worried. This is the only time you can do this without risk.