One Percent of the People Make 96% of the Money by Esther Bartkiw
Wealth is a predictable result. Most people have been conditioned to believe that a person must be smart and educated to be wealthy. I challenge this belief for I have met and heard of many people who earn phenomenal amounts of money and have very little formal education.
Just one percent of the population earns 96% of all the money being earned globally. While this statistic may be shocking and hard for some people to believe, it is true. Multiple Sources of Income is the concept by which this small group earns the majority of the world's currency.
This fall I began working with Bob Proctor from the hit DVD, The Secret. In 1960, Bob went from being a high school dropout to earning more then a $100,000 dollars a year by applying the principals he learned from the book Think and Grow Rich by Napoleon Hill. Bob never stopped studying the principals he learned from Hill's book and has been dedicated to helping others create lives of prosperity through such avenues as The Chairman's Club.
Just as I do in my private practice, Bob Proctor reaches out to people and helps them to believe in and act on the greatness of their own mind. Wealth is a predicted by your mindset and the actions which arise.
Bob teaches that there are three strategies for earning money. The first strategy is used by 96% of the population. It's where you trade time for money. The problem with this strategy is that you run out of time. It does not matter how much you're getting an hour. You run out of time. And that's a problem.
Ninety-six out of 100 people use this strategy, and if they are able to save any money for the latter part of their life, they do it at the expense of living their lives. They compromise on the car they drive, the house they live in, the vacations they take and the amount of time they spend with their families.
The second strategy used to create wealth is excellent but is used by only three percent of the population, which is investing money to earn to money. This strategy is great if you have money to invest.
The third strategy is where you multiply your time by setting up Multiple Sources of Income (MSI). MSI's are not about adding another job to your list of things do. Who wants another job? MSI's are about joining forces with people from all over the world, setting up joint ventures, setting up MSI's to bring in multiple sources of passive income. When you work on a global level engaging in MSI's, which thanks to the internet and technology is easily accomplished, then earning money while you sleep is not only a possibility, it is a reality.
Multiple Sources of Income are the new economy. It's no accident that right now the old economy is changing and crumbling away. Listen to the wealthy. They all write and talk about MSI's as the key to prosperity.
What you believe you create in your life and that includes money. What you believe about money, your ability to earn it, how much is available, how easy or hard it is to earn it, will determine how you move through and weather this current economic climate.
Many people have chosen not to participate in the current state of the economy and their lack of focus and attention on it means that their businesses are flourishing or at the very least holding steady. People who focus on the weakening dollar, stock market plunges and what Lou Dobbs has to say on CNN are battling down the hatches.
How you react to this current situation is determined by your beliefs. Your reactions determine your results. If you would like a little more dough in your pocket right now, then change your beliefs.
http://www.selfgrowth.com/articles/one_ ... money.html