Saturday, April 25, 2009

The Most Effective Method to Becoming Rich (part 2)

hint: You already have everything you need!

(Please read previous post as this is a continuation…)

And now… the last two New Millennium Currencies


Information


At this point, you most likely know that we’re in the age of information. It’s the most expensive thing on the market. People pay ungodly amounts of money for it, governments spend massive amounts of time controlling it and no one feels like we have enough of it.

There are people that get paid far better for the management, the development and the creation of information and information technologies than ever before. If you know how to do something and can communicate it in a way that your client, colleague or friend can understand it… the value can be limitless depending on the need.


Also, it should be understood that you specifically do not need to know everything to utilize this type of currency. You can have a vast network of people who have information, talent and skills. Being the solution to someone problems doesn’t necessarily always mean you are the only person solving said challenges. Bring the right team for the job and you have solved the issue.


If you don’t have it, invest time, energy, passion and money (from your assets of course) into gaining the right information and the right network to lead you to the right solutions. Then figure out how to monetize it so it can make money for you on a consistent basis.

I’ll give you some suggestions in the next post.


Passion


health + energy + momentum + optimism + confidence = Passion!


This is your number 1 currency. Period. Non negotiable.

The above equation is ordered in an important way! Generally each preceding factor feeds into the next until you reach the all encompassing “Passion”.

Do you feel less passionate in life? (regarding work, your loved ones, the daily grind, etc.)… that means you’re more than likely lacking one of the preceding factors! Think carefully. Many people lack optimism and confidence… this may be due to lack of energy, exercise and diet (meaning Health).


If you have more health than the next person, you’ll live longer.

If you have more energy than the next person, you get more done in all areas of life.

If you have more momentum than the next person, you’ll reach your goals sooner.

If you have more optimism than the next person, everone will want to know you and be around you.

If you have more confidence than the next person, you will get the sale.

If you have more Passion than the next person… you will win. Period.


Let’s remind ourselves that our economy is fueled by confidence. Stocks, bonds, other investments. How optimistic the public and share holders are with a company’s performance is literally how much that company is valued. This concept of dealing in confidence spans across industries, governments, and the media.

What we tend to not realize is this is also how we are valued as a professional in many ways! We deal in optimism and hope - both as manager and as employee as well as in multiple levels of business, jobs and even in our personal lives.


Time management has been replaced by energy management. In business and in general life.

Energy management is a broad subject. I’ll cover it in a future post. But the easiest way to understand this concept is to understand this:

Yesterday a task may have taken you 3 hours to complete. Maybe this was due to a normal day in the routine of your life.

Today, you have had a wonderful morning, a solid breakfast, some great conversation, and you’re feeling good all around. The exact same task will only take you 1 hour.

Why? It has nothing to do with better scheduling or time management. Its because you have different levels of energy. This is due to the multiple areas of Passion. If you have the Passion… you will succeed.


Passion is King!

The absolute top priority in any market anywhere. If you have time & money… invest it in more Passion!

Invest all other resources and currencies into each of the ingredients of passion; especially the first few building blocks (health and energy).

There is absolutely no argument against this ROI. If you’re healthier and more energetic in a natural way; you will live better, work longer and play harder. Period.