Richard Branson On Opportunity


wealthymatters“Business opportunities are like buses, there’s always another one coming.”-Richard Branson

Ways I Push Myself Ahead


wealthymattersWhen I want to push myself ahead here are some tricks I use.See how they work for you.Do you have some other good ones?

1.When I’m scared of failure I remind myself that even if I fail this time,it wouldn’t be the first time I have failed and that I have survived failures before to come out ahead.I remind myself that the the skills I picked up in failed ventures have helped form the basis of future successes.This has the knack of calming me a bit.

2.When I find myself fixating on worst-case scenarios,I remind myself that I am running the risk of substituting imagination for thinking, speculation for risk analysis and fear for reason.Worst-case scenarios are vivid, but are almost always much less probable. Fixating on worst-case scenarios simply results in plain old bad decision making. Read more of this post

Wipe The Slate Clean


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Nobody ever got to being wealthy by thinking that they couldn’t. Absolute self-confidence is a vital to work oneself up to real wealth.Everyone has nagging doubts, it is part of being human.True achievers just know how to deal with them.

Ray Kroc, the founder of McDonald’s, used  a great technique to get a grip on negativity and maintain self belief. Whenever he had negative thoughts, he would imagine himself writing them out in detail on a blackboard. Then he would visualize an imaginary hand wiping the board clean.

By doing so he was reprogramming his sub-conscious mind to concentrate on the positive things and not focus on the negatives.

Keep Your Eyes Open


wealthymatters.comHere’s an interesting anecdote:

Richard Branson, the boss of Virgin Airlines look a bunch of journalists to LA for his inaugural flight to that city.After a pleasant few days in a top hotel, the journos were all in the lobby waiting for a limo to take them back to the airport.

One young woman went up to Branson and asked him the following question:

“Richard, I don’t want to be a hack all my life, what is the secret to making money?” Read more of this post

Think Small


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Billionaire after billionaire will tell you to think big.Example.

Yes,we must have imagination. We have to be farsighted. We must have dreams,if we would be like them.But before we get to their level we need to think small.Don’t scorn the small beginnings.Too many people go nowhere because they refuse to get involved in small time businesses. And once in business don’t be in a hurry to act like Big Business.

Yes in business we have to be willing to risk money.But if we don’t have infinite resources,its best not to pretend we do.Spend only when the expenditure is justified, and the risk is carefully calculated and you can see it’s worth it. Read more of this post