Douglasvermeeren's Blog

Just another WordPress.com site

Posts Tagged ‘Wealth secrets

Wealth Secrets that are often forgotten – 4

leave a comment »

One of the biggest things that keeps people broke is inconsistency, hesitation and doubt. This morning I received an email from my assistant about one of my students who has a habit of committing to something and then changing her mind because she feels she always needs more information or isn’t prepared. I worry about her because no matter how often she gains the confidence to move forward she always changes her mind afterwards. Most likely we will stop working with her because I want to have a track record of getting people results. I am more interested in having successful students than an attendee who fills a seat in one of my trainings that someone more committed could have. Outside of my training she will also have a hard time building her wealth in the real world because people will stop working with her. Can you imagine her involvement in a major real estate deal or investment opportunity where she would commit and then keep pulling out. In the real world people don’t want the hassle and she will very quickly be excluded from opportunities. If you want abundance in your life start by making a decisions and stick with it.

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

 

#douglasvermeeren #moneyandabundanceshow #1wealthcoach #millionairetrainingsystems

Wealth secrets that are often forgotten -2

leave a comment »

money on your mind?

Money on your mind?

Wealth is found in your capacity to solve problems. The bigger the problem you can solve the more value you can add to others and ultimately the more wealth you will receive. Most people try to solve all of their problems by themselves. That’s why they are broke.

Build a strong network that you can draw upon to solve the problems that appear in your life and the lives of others. One of the things that I have learned form my mentors is to become a organizer of people to solve problems. When an opportunities appears rather than thinking about how I can solve it I think first of who in my network can solve it. I then say yes to solving that problem and delegate the activities to do so to others. In the end I am compensated for organizing the solution.

 

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

leave a comment »

Douglas Vermeeren - Wisdom from a millionaire 7

Douglas Vermeeren – Wisdom from a millionaire 7Douglas Vermeeren

Douglas Vermeeren – Wisdom from a Millionaire 6

leave a comment »

Douglas Vermeeren - Wisdom from a Millionaire 6

Douglas Vermeeren – Wisdom from a Millionaire 6

Douglas Vermeeren – Wisdom from a millionaire

leave a comment »

Douglas Vermeeren  Wisdom from a Millionaire

Douglas Vermeeren Wisdom from a Millionaire

Does financial education cost or pay?

leave a comment »

Money Smarts

How smart are you about your money?

Does financial education cost or pay?

By Douglas Vermeeren

To often people forget that every purchase we make is an investment. Everything you buy gives a return as we mentioned at the beginning of this book. It will either give you increased quality of life, enable to you to create or allow you to contribute. The investment in your education will also give you the ability to progress in these three areas.

If you would be financial free you must learn what it will take for you to arrive at that destination.

Too often people look at the price of education both in dollars and time and become frightened that the burden is too big. I would strongly state that the price of ignorance is where the real cost is. Ignorance limits your ability to see things as they really are and to utilize tools that you may not yet be aware of. Often we forget how lessons early in our lives changed our lives. If you had never learned how to walk, tie your shoe or ride a bike your freedom and opportunities would be extremely limited. The same is true of financial education. the more you learn the more power and ability you have.

The more you learn the more you earn.

Education also allows you to become more resourceful. Resourcefulness is the key to making big deals happen. When you know how to play by the rules then you can start working on the stuff that goes beyond the basics.

All top athletes learn the basics before they learn the extraordinary stuff that makes them superstars. The same is true with wealth building. Learn as much as you can about the basics and suddenly you will begin to develop the ideas and skills that will grow your wealth in extraordinary ways.

What about school?

Now let’s shift gears for a moment. What about increasing your education in school or university? Does staying in a formal school longer hurt or help your chances for being more financially successful. I still remember my parents (and maybe yours did too) threatening that if I did poorly in school that I would be destined to a job that would leave me broke. They further added that if I wanted to properly take care of my family I would have to do well in school to qualify for a job that paid well. Has anyone else ever heard that?

Is it true? Is it necessary for you to do well in school in order to achieve success?

In my own personal experience it hasn’t been especially true. I did average and below average in most of my courses, yet I have been able to create a pretty good financial situation for myself. I have seen the same of many of my friends and it was very common among the business leaders I have interacted with and studied. I believe that this notion is a little old fashioned as well. In the past most people relied on their income streams to come from others. Today we live in a time when most people have access to tools and business opportunities to create income streams beyond the traditional work place. No longer do we have to prove to a boss that we are worth the raise. Many of us are actually our own bosses and our raises will come as we go out and get them.  Street smarts seems to be the order of the day, not a college or university degree.  We have all heard by now, the success stories of people like Mark Zuckerberg, Bill Gates, Steve Jobs and others who did not complete their schooling with flying colours, yet became highly successful. This trend is starting to become more common.

Before I leave this subject however, I want to stress that I am not against formal education. I am simply stating that not all of the learning happens in the classroom. And a grade of A+ is not required to become financially success. In fact, the most important learning happens outside of it in application. Most people who acquired less that stellar grades actually do quite well when the learning style is switched to real life application. Maybe our schools need to add more of that component to supplement the theory.

In addition, I want to leave you with the clear understanding that I am for education. Formal and informal. I personally, still attend training on a regular basis and I do courses through correspondence and continuing education through Universities across the nation. Education will expand everything about you. But what I have observed is that your street smart education will generally have a stronger influence on your financial future and that expertise only comes as you are in the real world practicing what you’ve learned in school – and then learning how to do it better.

 

Douglas Vermeeren

Douglas Vermeeren

Douglas Vermeeren is considered the Modern Day Napoleon Hill. He is the CEO of the Monthly Millionaire Mentor Program, author of Self Made Millionaires for Dummies, Guerrilla Millionaire, Guerrilla Achiever and The Millionaire Myth. For more on Vermeeren go to: http://www.DouglasVermeeren.com

A Secret Lesson in Growing Wealth

with one comment

Top Secret money strategies

Top Secret money strategies

A secret lesson in growing wealth

By Douglas Vermeeren

 

There are many financial programs, seminars and advisors that provide  the promise of financial abundance and instant changes to your current financial situation. Yet many of these programs offer complex strategies on money management and investment that either require a degree in economics to implement or in the end don’t provide the pay off that they promise. Is there a formula or system that will work to create greater financial security and an abundance financial future? Is there a strategy that will work for everyone, even those who don’t have extensive financial education?

 

Some gurus suggest there is no such thing as a blanket answer that will provide a solution to the financial challenges that so many people face today.  But is there?  And if there is, where do I find it and what do I do with it once I possess it?

 

There is a solution. One that will will work for everyone. The only difference will be in how it is applied. The challenge for most people is that this solution has been a secret. When you hear what it is you may not agree that it’s a secret, because it is so simple. But just because an idea is simple – don’t mean it is well understood. In fact, we generally measure how well something is understood by how common it is practiced. If that is the measurement of how well something is understood – then this is one of the greatest secrets ever revealed to mankind about money. Here’s the secret to become debt free, financially abundant and achieve incredible prosperity. Are you ready?

 

The Secret: It’s not how much money you make, it’s how you spend it!

 

The illusion: Most people think that how much they spend day to day is not really going to make a difference to their overall experience financially. But this is far from the truth.

 

The way money is spent in your life will either create freedom and opportunity or take it away.  Too often people assume that incredible opportunity and extreme freedom are given only to those with a lot of money. Again, that freedom and opportunity are found in how the money is spent. We see examples are around us (especially among celebrities and professional athletes) who make millions of dollars but become victims of vice and in a short time find themselves with a shrinking experience of freedom and opportunity until their popularity and money have both vanished. on the contrary we also see many who begin with very little money and ultimately become highly freedom and experience an abundance of opportunity. Such was the case with Warren Buffet who at his first job made close to $12,000 annually but later became one of the wealthiest men in the world.

 

So how should you spend your money for greater financial success? Before I answer that it is important to remember that every purchase you make is an investment. You are trading your money for what you value most. Having said that keep in mind that there are purchases that return value (appreciate) and purchases that do not return value. (Depreciate)

 

The difference between high net worth individuals and those in poverty situations is found in where they spend their money. A recent study demonstrated that people in poverty situations, or paycheck to paycheck survival mode typically spend an average of 97% of the income on purchases that do not appreciate or provide a return in value. This could include things like entertainment, shopping, eating out and so forth. So what amount do you think high net worth individuals spent on items that appreciate in comparison. I am always amazed when I ask this question at seminars. Attendees usually shout back answers like 50%, 60% or even as high as 80%. Is that what is required to become financially abundant – to dedicate the vast majority of your entire income to your future financial self. It doesn’t sound like fun.

How are you Spending your money?

How are you Spending your money?

 

Thank goodness that is not what is required. In fact, the difference is quite small. High net worth individuals actually spend only an average difference of 5% on assets that appreciate. But that 5% makes a huge difference. It reminds me of the saying that a large ship is steered by a small rudder. This is true in wealth building as well. The difference in the large things comes down to consistency and effectiveness in the little things.

 

One of my favorite life experiences so far has been to stand on the Great wall of China. Although the Great wall can be seen from outer space, when you get up close its interesting to see that it is really made up of small tiny bricks. This is the same way financial abundance is created. Small moments assembled to create significant victories.

 

One other thought: You may have heard about the expression – ‘Disposable income.”  I don’t believe it exists. Disposable means to throw away. If you are in the habit of throwing money you will never be financially free. There is no such thing as disposable income. And if you have been throwing away your money – stop it.

 

Remember how you spend your money makes all the difference.

 

So what can you do about it?

 

– Start looking more carefully at your purchases every day.

  • Consider what these purchases are costing you monthly and yearly
  • Explore where you can better use your money

 

Remember it doesn’t take a large shift in your money to make a difference. But it does require that you make some changes and you become consistent in better spending habits. As you do this you will find greater financial abundance and more freedoma nd opportunity.

 

Douglas Vermeeren - Millionaire Mentor

Douglas Vermeeren - Millionaire Mentor

Douglas Vermeeren is the CEO of the Monthly Millionaire Mentor program (www.TheMonthlyMillionaireMentor.com) He is also the author of Guerrilla Millionaire, Self-made Millionaires for Dummies, The Millionaire Myth, Millionaire Wisdom. He is considered one of the top wealth trainers in the world today. You can find out more at www.DouglasVermeeren.com