Seven Secrets Of Millionaires by Stuart Goldsmith - HTML preview

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Chapter Seven

You Must Take Firm,

Decisive Action

“Serious People Actually DO Something; Non-

Serious People Talk About Doing Something or

Plan to do Something One Day”

If you want to be wealthy, you must take action.

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Action really is the key. You can have the best ideas in the world

or be the most talented person on the planet, yet still if you do not

take action you will remain poor. A half-wit who actually does

something will beat an inactive genius, hands down.

You need to take action, but most people cannot master this one -

it is far too hard for them.

We live in a physical world which has a tendency to decay into a

random warm soup of molecules. This is entropy at work. Only

energy, such as that supplied by living creatures, can reverse this

process and build structures. Food, clothing, shelter, 'toys' - all require

energy to make them exist. All require human action.

Without energy, all is dust and decay.

Thinking is not enough. To complete the equation, you must also

act. You must do something.

Here is the startling two-step secret of success:

1. Think.

2. Act.

Most people do neither - in a concerted, meaningful way, I mean.

Some act without thinking. No good. Some think and never act. No

good. The winners, the rich, the successful all think first, which

usually means coming up with a creative solution to a human need,

and then they put that idea into a tangible program of action. This is

what you must do if you wish to join them.

Do you find this daunting? That's okay, there's no shame in this,

but please, do yourself and everyone else a favour and stop talking

and thinking about 'one day' becoming wealthy. This is a delusion

because you are not prepared to pay the price we discussed in the last

chapter. The price is thought followed by action, so if you want to

become wealthy, then start now today. You've written your goals,

now ask yourself what actual steps you can do, right now, today, to

move you closer towards your dream.

Would you like to know two ways of getting rich apart from luck

or crime? Remember, I'm talking here about getting rich, and not

making a living. Anyone can make a living. Getting rich is far harder.

To become a wealthy man or woman, you must come up with an

original, creative idea for a product or service which you believe the

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public will want to buy from you. Then you must put in the hours to

research and test this idea. If it looks no good, you must create

another idea until you find a winner. The second way is to locate a

hot, fresh idea which is working somewhere right now (say in another

country) and then to recreate the idea in your own territory, obviously

without plagiarising somebody else’s work. E.g. if you hear that a

new premium rate telephone line on Irritable Bowel Syndrome is

taking 19,000 calls a day in the USA, this is an idea you could

immediately pick up and run with in the UK. In other words, you wait

for someone else to find a winner, then jump quickly onto the

bandwagon.

When you have found a winner, then you must pursue your idea

and dream with passion, and not some wimpish and feeble 'attempt.'

This is called 'paying the price.' The price is action and sometimes a

little money. If you are broke, then you must chose an idea which

doesn't take a lot of money.

If you don't feel passionate about your idea, then it's not for you.

How do you think you're going to succeed at something you feel

lukewarm about? What will drag you out of bed on those cold winter

mornings? What will give you the courage to face those waves of

problems we discussed? What will keep you fighting on when all

about you is turning to ashes and you are filled with hopeless despair?

Your lukewarm desire to 'have a go'? I don't think so!

An idea without action is almost worthless. So I would not try to

go down the route of thinking up 'inventions' which you can sell to

Black and Decker, etc. Only very rarely do such ideas get taken up,

and even then you would not make a fortune. Instead, your idea

should be one that you can operate and reap the rewards from. The

more original the better, otherwise you are just picking over the bones

of somebody else's idea, and you will not become wealthy.

Even when you jump onto a new bandwagon, you still need

creative energy to transform that idea into something which will work

in your area. There is little money to be made when you are tenth out

of fifty in the marketplace, with nothing to distinguish your product or

service from that of your competitors.

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Do You Sincerely Want to be Rich?

When I tell people this stark truth during consultations, they often

complain: "I don't have any ideas." "What can I do? I'm not really

sure." "I've tried for ages to think of something, but I just come up

with a blank." "Help me! Have you got any original ideas you don't

want and which you can pass on to me?"

I know it's hard to be in this position - remember I was there too.

Yes, it seems difficult; impossible sometimes, but this is what will

mark you out as a winner if you can pass this initiation test.

Please let me be absolutely clear on this and give you the stark

truth if you are also tempted to complain about not having any ideas.

You're not creative? You've never had an original thought in your

life? You've tried a couple of times to think of something new, but

given up? Well I have some very bad news for you. You will never be

wealthy unless you win the lottery or get lucky in some other way.

You will always be poor, struggling along with the masses, scarcely

able to pay your way and probably in debt until the day you die. At

the very best you will eke-out survival in a paid job, or rake over the

dead ashes of somebody else's dream, hoping to raise the Phoenix, but

the bird will have long since flown away.

I am sorry if I sound a little harsh, but I believe quite strongly that

you would rather have the truth from me, bitter though it is, than to be

fed more lies and distortions.

Reminder: These comments only apply to getting rich. It's okay

not to want to be rich - really, it is - in which case this doesn't apply.

Wealth belongs to creative people alone. There is only one way to

get honestly wealthy. Persuade lots and lots of people to give you

their money. You can either do this at the point of a gun (dishonest),

or you can offer them something which makes them give it to you

voluntarily - to trade with you.

Now if you cannot muster the energy to come up with your own

idea, or you think that you are 'not creative,' then guess what? - you

pick up somebody else's fifth-hand idea and try to run that. Guess

what again? Only a few people hand you their money, the rest trade

with the hundreds of others who are all trying to run the same idea

and you don't get rich! You just about make a living. This is not what

you want, I hope.

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Do You Sincerely Want to be Rich?

Now if you take action and create something original and new,

suddenly you're the only supplier. Thousands or millions of people

flock to willingly exchange their money for your product or service

and you become wealthy. More importantly, you become guiltlessly

wealthy - you earned it through your creative endeavours.

We Are All Creative

Finally, everyone is creative. "I'm not creative" is often an excuse.

If we are honest, it often means: "I'm lazy and can't be bothered to put

in the hard work which I know this creative effort will cost me."

Right? Remember I'm saying all of this for a very good reason, and

that reason is not to attack you. I either want you to wake up, finally,

to the fact that you are not prepared to do what it takes to get rich, or I

want to jolt you into action so that you make a start towards your

dream. That is my only motive and I'm sorry if sometimes what I say

seems a little hard on you.

So let me make myself very clear. If you are not interested in

becoming wealthy, then that's okay. There's nothing wrong with that,

and none of these comments apply to you. I'm being sincere now

when I say there's absolutely nothing wrong with earning a living,

raising a family and doing all that other good stuff - or even sitting on

a Zen mat all day meditating. Whatever makes you happy and

fulfilled is fine because it's your life and your happiness we are

talking about.

But if you have ever wanted to be rich or if you aspire to great

wealth one day, then please listen closely to the message in this

chapter. In fact read it again and again.

Above all, please wake up and stop dreaming. Ignore 'get rich

quick' schemes and the like. Forget other people's 'off the shelf' ideas.

Take action. Start doing something now, today to move you an inch

closer to your dream. Not tomorrow - that's too late. If you can't work

until midnight tonight to make a start on turning your dream into a

reality, then the year will engulf you. It will be business as usual. The

same old dull routine. Last year replayed.

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I really do want you to succeed because I know how sweet is the

taste of success. You will love it. So go for it and start taking decisive

action.

This Might do the Trick

If you need a little guiding shove, I'm going to use the well known

tactic of fear to see if I can initiate some action.

Let me remind you of something scary - this could be you.

Over 65% of people remain poor throughout their entire lives; they

retire penniless or in debt and they die broke and embarrassed. That

is, after a lifetime of hard slog, usually in a job they detest, they

manage to accumulate... nothing. They are able to leave...nothing.

Their entire assets amount to...nothing. There are a few cheap sticks

of furniture, some photographs, a heap of rubbish in the loft and that's

it. The whole lot would fit into a large skip - but generally it's just

tossed onto a bonfire by 'house clearance specialists.' A quick coat of

emulsion, and the house is ready for the next person - all trace of the

previous occupant having been eradicated. It wasn't hard. There was

little to eradicate.

A few people attend the funeral - mostly people press-ganged by

the immediate family into coming to swell the numbers. A few years

later only a handful of people remember anything about the deceased.

A funny story (from thirty years ago, usually) a brief recollection; a

fleeting image triggered by a place or a melody.

Soon, there is nobody left who remembers; there is only a name on

a cheap plaque in the 'garden of remembrance.' The person fades into

obscurity to join the teeming billions of others who were born, lived,

reproduced and died. They did not push mankind forward one iota.

They left the planet just slightly worse than they found it due to the

resources they consumed but otherwise, the entire effect of their lives

was...zero.

Why am I telling you this depressing story? Because I don't want

you to become one of these faceless billions. You are special. The

horrifying truth is that each one of those 'faceless' billions was special

too, they just did not realise it or do anything about it during their

lifetime.

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Do You Sincerely Want to be Rich?

In the past perhaps there was some excuse. Opportunities were

harder to come by. People were born into poverty and negativity.

They were not exposed to motivational materials: society, religion

and family conspired to keep them locked into servitude. They

worked down at the mill and married the girl or boy next door.

Resistance was useless. Escape was almost impossible.

But you don't have this excuse. You live in the most startling,

incredible decade in the entire history of the human race - and that is

not even close to an exaggeration, it is an obvious fact. There are

more opportunities, more wealth-generation potential, more chances

than at any previous time since the dawn of man. That too, is a plain

fact. If you can't make it in this climate, in this country, in this decade

then I can absolutely guarantee that you will stay in, or join the 65% -

broke and embarrassed.

Believe me, you don't want to be retired and broke in the coming

years - it will not be fun. You are not going to get a state pension

worth having - not that it ever was worth having. If you do not start to

take action, you will be left behind. Within twenty years, the number

of retired people will far outstrip society's ability to care for them -

financially or medically. If you are over forty, then THIS MEANS

YOU! If you are under forty, prepare to be taxed even harder to

support the insupportable.

So how do you get started? What is the way forward?

Here are some guiding lights to help you on the path:

Ten Tips To Making a Million

I prefer being rich to poor, and I've tried both. I used to think that

being a millionaire was for other people - for me it seemed just a

ridiculous dream. I'm telling you this to show you that I've been

exactly where you are right now. I am merely further up the mountain

path than you. I am not unchaseable, indeed I invite you to overtake

me! Come on up, the air is cleaner and fresher here, I can promise you

that. My ten tips for making a lot of money are as follows:

1. Do something. That's what this chapter is all about. Don't sit

around any longer. Forget TV, forget the pub; start taking action to

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improve your life, even if it is just that first, small step. I judge people

by what they do rather than what they say.

2. Be rationally selfish. Take 'good for me' decisions. You don't owe

anything to anyone apart from your kids. They need love, consistency

and honesty. They don't need Adidas trainers and Nintendo games

machines. When you live your life trying to take 'good for others'

decisions, you are playing God and trying to second-guess other

people's lives. This is arrogant.

3. Stop believing in something for nothing. This one tip can save you

thousands of pounds and a lot of lost time. There is no such thing as

something for nothing. Ditch all of those 'business opportunities'

which come your way. 99% of them are scams operated by small

minded people of limited vision trying to cheat their way to a fortune.

They are relying upon your laziness and gullibility. Don't support

them, and above all, don't join them. The financial loss is minimal,

but the loss of time and momentum is far more serious.

4. You should have one burning question which you must answer as

soon as possible: "What honest value can I create which others will

voluntarily buy from me time and time again in order that I might

become guiltlessly wealthy?"

Only you can answer this question and you must work at it rather

than expecting the answer for nothing. Nobody is going to hand you a

wonderful, magic pre-packaged business on a plate. It's obvious why.

If you had some superb practical 'make a million' business, would you

operate it yourself and make a million, or sell a 30-page 'how to'

manual for £24.95 to a few hundred punters via an advert in

Exchange and Mart?

5. When you create values you become wealthy. When you trade

equal values you merely survive. There is nothing wrong with

survival. Most people do only this. But make sure you have

consciously selected this option, and not chosen it by default out of

laziness or fear.

Most businesses merely allow you to trade values - "You watch

my sheep and I'll mend your roof" - and so you will not become

wealthy by operating one of the 10,000 or so businesses you might

think about getting involved in. For example, "I'll cook fish and chips

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Do You Sincerely Want to be Rich?

if you repair my car." At best, you will do slightly better than average

due to the division of labour and your superior bartering skills, but

you will never make a million.

To become wealthy you must create new values which didn't exist

before and then run with your idea until the copycats grab your idea

and rake over the bones of your fortune. Then you have another, new

idea which creates more unique values and you run with that... These

ideas do not have to be earth-shattering; many are just small creative

twists on an existing idea.

Most small businesses don't create new values, they merely trade

existing values. This is the main reason the proprietors never get

wealthy.

6. Remember that honest wealth is not gained at the expense of

others. In other words, contrary to socialist doctrine, other people do

not become poorer as you become richer (but this is how looters

operate). By trading with you, they should become a little richer

whilst you become a lot richer. Evaluate all business ideas by this

standard: "Does this business allow me to trade with others whilst

enriching their lives, or am I trying to scam, con, cheat and lie my

way to wealth? Am I using smoke and mirrors to pretend there is a

benefit to my customers, when no such benefit really exists?"

7. Anything can be justified by the clever human brain. Robbery can

be justified: "It's not fair that some people have so much money, I'm

just redistributing wealth. In a fairer society I wouldn't have to do

this." Cheating can be justified: "I'm giving people the expensive

education they need in gullibility. I am helping them to become less

gullible." Even murder can be justified: "We're all going to be dead

soon anyway, so what's the difference?" In view of this ability to

justify and evil-doing, you need to keep your business clean and make

sure it follows your own impeccable standards.

8. Make yourself wealthy - don't have as your motivation the desire

to make others wealthy or to improve their lot. This will not work

unless you are being conned, by religion for example. The feeling of

being a good little boy or girl is not enough to sustain you through the

difficult task ahead (making yourself rich). Operating in the way I

have described (by creating values which others will want from you)

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will both make you wealthy and improve the living standards of those

around you. Everyone is a winner. But if you have altruism as your

doctrine - the idea that you are a sacrificial animal only fit for

consumption by others - then you will live a powerless, unfulfilled

life as a slave or an interfering, do-gooder busybody. When you have

filled your own needs, then you become powerful enough to help

others, if this gives you pleasure.

9. Don't listen to broke people. They know nothing about money. If

they were merely neutral, it wouldn't matter, but they are not. Your

friends, your family, society, the media and the government all want

you broken back down to drone status, no matter what they say or

how much they protest to the contrary. There is one person you can

really trust on this wild adventure and that is you. You doubt this? See

what happens when you start making a bit of money and buy a new

house or car. This is a general rule about people - there are, of course,

exceptional people out there, like you, who will support you. They are

a rare breed so cherish them.

10. You must be prepared to pay the price, whatever it is, for

becoming wealthy. There is always a price. You can't get rich for

nothing. Most often the price is hard work, tenacity, guts,

determination and effort. Little more is needed to succeed in our

society because so few people have these characteristics. The rewards

are unlimited wealth, guiltless affluence, freedom from stress, power

and the feeling of leading a meaningful worthwhile life. The last of

these is the most important, and no lottery win can buy you that

feeling. It comes only from creating lasting worthwhile values which

enrich the lives of your fellow human beings.

Right Here, Right Now

It is time, right now, to snap out of it and get your sleeves rolled

up. The excuses are over.