Do you listen to all the Wall Street chatter, the one that usually comes from the know-it-alls who claim that a stock is sure to double or a fund guarantees a certain yield? What about your real estate friends, the ones who insist that you buy in the perfect location because it will be the best investment you’ll ever make? While I’m sure that their advice is well intended and in some cases may be right, I guarantee there’s one investment they haven’t recommended. The best investment you can make is in your personal development.
There is a common misconception that money makes people happy. I can attest this to be true. I live in a community of high net worth individuals whose material possessions reflect their financial success, but many are still discontent. They’re looking for something more meaningful. Money can make life easier but it’s just one component of being wealthy.
Here’s how I can describe having money versus being wealthy. Think of people like Steve Jobs, Warren Buffett, Tony Robbins or Robert Kiyosaki. These are some of the most financially successful entrepreneurs in history. They all came from economically disadvantaged backgrounds. They didn’t go to the best schools. They didn’t win the lottery. They didn’t inherit money. What they all had in common is the unstoppable desire to lead better lives, not just the desire to make money. That was a byproduct of the lives they shaped. They invested in their personal development and created wealthy lifestyles.
Wealth is different than making money. While it can include it, it’s more about your mind, body and soul being in alignment. When these are synchronized you attract desirable things like good business partners, new investment opportunities and good timing.
Wealth is a state of being, not a state of having. This isn’t taught in business schools, at least not in the Western hemisphere. To be wealthy is to have balance in your life. Include in your personal investment plenty of rest, a healthy diet and fitness. Most important, take the time to quiet your mind. One way to do this is through meditation. When the mind is quiet, you get clarity, ideas come and new perspectives are revealed. Financial wizards know and practice this. They also follow their instincts. Doesn’t it make sense to copy what they do?
Remember, all the money in the world can’t buy a healthy mental state. Invest in healthy ways of thinking. Begin by reading empowering books like Mastery by Robert Greene or Think and Grow Rich by Napoleon Hill. These experts have shown millions how to shift the way they think. Address your mind’s health first and money will follow.
Listening to people like Wayne Dyer or Louise Hay before going to sleep or while driving is another powerful way to strengthen your mind. Watch inspiring videos by Deepak Chopra, Abraham Hicks or Gregg Braden. Change your thoughts, change your life.
Sometimes fear gets in the way of people’s success; fear of failing, fear of losing money, fear of being ridiculed. Eliminate it from your thinking. The wealthiest people never give in to fear. They inform themselves first before making important decisions and then move forward. They also focus on the outcome, seldom on the steps to get there.
One of the greatest feelings of accomplishment is to get or to do something that someone said you couldn’t. Stay away from naysayers. Believe in yourself. Visualize your dream and keep it in focus. You may get sidetracked or discouraged. Setbacks will happen. They’re there to point you in a better direction. All the wealthiest people failed many times before finally succeeding. That’s the part you usually don’t hear about. The founder of Pandora reached out to three hundred investors before getting funded. Each time he failed, he got back on track.
How wealthy do you want to be? That’s depends on how much you want to make the best investment ever.
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