Emotional Intelligence: A Vital Key To Financial Freedom

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

Emotional Intelligence: A Vital Key To Financial Freedom

It is a great error to think someone is wealthy because that person owns a lot of things. The truth is this; you can go broke if all you possess are things that don’t generate income. Wealth is an income stream. It is the ownership of valuable resources; a perpetual source of resource that is functional without your labor. A person is defined as wealthy when his passive income pays for his living expenses. This is true financial independence. As such, wealth creation can be described as the accumulation of income-generating assets. For most people, this journey begins by earning an income from a job. As an employee, you essentially earn income by providing a service to your employer. Unfortunately, these earnings stop when you stop providing the service for you were employed. This type of income is called earned or active income. It is a great place to start the process of wealth building. It’s indeed your first rung in the ladder of wealth building. Earned Income Must Be Converted To Income-Generating Asset Sadly, earned income does not determine wealth, what determines wealth is what you do with earned income. The use to which you put what you make is more important than how much you make. The wealthy use their earned income to accumulate assets that will generate passive income, which in turn pays for their liabilities and maintains their lifestyle. Wealthy people buy assets that will increase their income, while the poor buy liabilities that will increase their expenses. Many earned good income but never experienced the joy of wealth. The truth is that you can never be wealthy through your earned income unless there is a strategy to convert some of your earned income into passive income. You Need Financial Intelligence Financial intelligence is the ability to convert earned income into assets that provide cash flow. Every serious wealth builder must have strategies by which to convert earned income to income-generating assets. This, I have discovered to be the missing link in the wealth building strategies of many people who desire to be wealthy. Most people do not know they have to go beyond earning a good salary, to converting their income to asset. The few that do know don’t do it. Their emotional buying behavior would not allow them. They are always too emotionally occupied with the stuff to buy……..unfortunately, these purchases are liabilities; things that would not contribute to their dream of becoming wealthy. And by the time they are done with their purchases, they are left with no money to invest in wealth building assets. Ability To Control Your Emotions Is Crucial One fundamental truth you must understand is that a great part of financial intelligence is about emotional intelligence. Warren Buffett, the world’s richest investor, says, “If you cannot control your emotions, you cannot control your money.” This means that without...

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The key to supernatural wealth

Posted by in KINGDOM PROSPERITY

The key to supernatural wealth

One major part of the equation of wealth creation is the supernatural. Yes, there is the supernatural dimension to wealth creation. Understanding this dimension to wealth creation can make all the difference in your pursuit of financial freedom. The realm of supernatural wealth and fortunes is a reality. This is the realm of unusual wealth, where business and financial results are phenomenal. It is the place of more than enough, where your input is almost insignificant when compared with the output. Supernatural Wealth Is Real Listen; there are men and women who are enjoying this dimension of wealth. The essence of this message is to open your eyes to the existence and reality of this realm, and also to spur you to take advantage of this realm for your financial freedom and dignity. “Speak to the People of Israel. Tell them: When you enter the land which I am going to give you, the land will observe a Sabbath to GOD. Sow your fields, prune your vineyards, and take in your harvests for six years. But the seventh year the land will take a Sabbath of complete and total rest, a Sabbath to GOD; you will not sow your fields or prune your vineyards. Don’t reap what grows of itself; don’t harvest the grapes of your untended vines. The land gets a year of complete and total rest……….Do I hear you ask, ‘What are we going to eat in the seventh year if we don’t plant or harvest?’ I assure you, I will send such a blessing in the sixth year that the land will yield enough for three years. While you plant in the eighth year, you will eat from the old crop and continue until the harvest of the ninth year comes in.” Lev 25:2-22 (MSG) Wealth is power, and power is spiritual. As a result, wealth answers to spiritual laws and principles. Or how do you explain the phenomenal blessings and harvest experienced by the people in the sixth year as demonstrated in the above scenario that would sustain them for the next three years. Can you imagine the same people, with the same set of skills, tools and implements, faming the same land, yet experiencing out of the ordinary, out of this world kind of result in the sixth year? The only thing that changed in the equation was the introduction of spiritual laws. Spiritual laws are supernatural laws; as a result, they are able to deliver supernatural results in every area of life. Obedience to spiritual laws and principles is the key to supernatural wealth. Supernatural wealth is real and available to everyone who will embrace spiritual laws in their pursuit of wealth accumulation. Obedience to spiritual laws provokes the release of God’s blessing upon your business, vocation and calling. Hear what He said, “I assure you, I will send such a blessing in...

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How To Get Money To Start Your Business

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, MAKING MONEY ONLINE, PEAK PERFORMANCE, SCHOOL OF WEALTH

How To Get Money To Start Your Business

One major key that would determine your success in the world of money and business is your belief system. Your belief is what determines your reality in life. For you to become rich and wealthy, you must first believe in your ability to make it happen. Whatever you believe to be possible would ultimately be possible. And whatever you believe is impossible would be impossible. It is always to you according to your belief. This is very true in every area of life, especially in your quest to raise funds to start your business. You must believe the money you need to start your business is available and that it is out there waiting for you. Your mind is so designed that you have a tendency to ignore or block out any information coming to you that is inconsistent with what you already believe to be true, whether or not your beliefs are based on fact or fiction. “All riches have their origin in the mind. Wealth is in ideas.” — Robert Collier One fundamental truth you must embrace in your pursuit of wealth is that wealth building starts on the inside, and not on the outside. Every of your action has its root in the way you think and what you believe. Your success in raising funds to start your business starts from the inside. It starts from our thinking and belief. You must believe that you will get the money you need, because there is more than enough money out there. The law of abundance says we live in an abundant universe in which there is sufficient money for all who really want it and are willing to obey the laws governing its acquisition. The essence of this post is to show you how to acquire the money you need to start your business. But it is your attitude toward abundance or scarcity of money that will ultimately determine whether you lay your hands on the money you need to start your business or not. It is therefore imperative for you to believe that there is abundance of money out there. And that you will get the money you need to start your business. Here are five ways you can explore to get the money to start your business. 1. Your Own Savings The best way to fund your business is your own personal savings. If the desire to start your business is strong enough, if you’re really passionate about it, the will to save money would not be lacking. Open a savings account today and start saving at least 10% of whatever money you earn. The discipline to save money is a proof that you possess the needed character to manage the business once it gets started. “If you cannot save money, then the seeds of greatness are not in you.” – Clement W Stone 2....

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NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

“And it came to pass, when Rachel had born Joseph, that Jacob said unto Laban, Send me away, that I may go unto mine own place, and to my country. Give me my wives and my children, for whom I have served thee, and let me go: for thou knowest my service which I have done thee. And Laban said unto him, I pray thee, if I have found favour in thine eyes, tarry: for I have learned by experience that the LORD hath blessed me for thy sake. And he said, Appoint me thy wages, and I will give it. And he said unto him, Thou knowest how I have served thee, and how thy cattle was with me. For it was little which thou hadst before I came, and it is now increased unto a multitude; and the LORD hath blessed thee since my coming: and now when shall I provide for mine own house also? And he said, What shall I give thee? And Jacob said, Thou shalt not give me any thing: if thou wilt do this thing for me, I will again feed and keep thy flock: I will pass through all thy flock to day, removing from thence all the speckled and spotted cattle, and all the brown cattle among the sheep, and the spotted and speckled among the goats: and of such shall be my hire. So shall my righteousness answer for me in time to come, when it shall come for my hire before thy face: every one that is not speckled and spotted among the goats, and brown among the sheep, that shall be counted stolen with me. And Laban said, Behold, I would it might be according to thy word. And he removed that day the he goats that were ringstraked and spotted, and all the she goats that were speckled and spotted, and every one that had some white in it, and all the brown among the sheep, and gave them into the hand of his sons. And he set three days’ journey betwixt himself and Jacob: and Jacob fed the rest of Laban’s flocks. Gen 30:25-36 The above verses of the Bible show how Jacob negotiated his way into wealth and riches. For close to twenty years, Jacob labored in the home of Laban with practically nothing to show for all of his labor except for his two wives and children until he understood the art of negotiating. He used the power of effective negotiation to access his financial destiny. The negotiation took place in chapter 30 of the book of Genesis, and in the next chapter, chapter 31 of the same book, he was an established financial giant. Effective negotiating skill opened the next chapter of his life. “Jacob learned that Laban’s sons were talking behind his back: “Jacob has used our father’s wealth to make...

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The Secret Tool Of The Rich And Wealthy

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

The Secret Tool Of The Rich And Wealthy

One great truth you must embrace in your quest for wealth acquisition is that, there is no need reinventing the wheel. There is nothing new under the heaven; the sun that shines today is the sun that shone when my great grandfather was born, and will still be shining when my last grandchild shall be gathered to his fathers. The law of emulation says, you will be successful in proportion to which you find out what other successful people are doing, and then do the same things yourself over and over again. Success in every area of human endeavor leaves clues and tracks, especially in financial undertakings. If one is wise enough, all he would need to do to become wealthy is to locate what the rich and wealthy have done to create their wealth, and do the same. “That ye be not slothful, but followers of them who through………inherit the promises.” Heb 6:12 Whatever result any man ever achieved financially can be duplicated by any dummy in any part of the world. We live in a world governed by law, not chance. Rules and principles help us to understand that everything happens for a reason, whether or not we know what it is. It is all about action and reaction; cause and effect. Everything you see in and around your life, success or failure, wealth or poverty, has a specific cause or causes. Every cause or action has an effect or consequence of some kind or another, whether we can see it, or whether we like or agree with it or not. This goes to show that all achievement, accomplishment, wealth, riches, prosperity and success are the direct and indirect effects or results of specific causes or actions. The Law of Cause and Effect. Financial freedom or a prosperous life is an effect. It is the product and after match of certain actions or causes. This is called the Law of Cause and Effect or the Law of Sowing and Reaping. What this law teaches is simply this, if you are clear about the effect or result you want, you can probably achieve it by following the footsteps of those who have achieved the same or similar results. If you must be rich and wealthy, you would need to locate what the rich and wealthy do, and then do the same to become rich and wealthy. One Major Tool In The Hands Of The Rich And Wealthy A major attribute of the rich and wealthy is their commitment to wealth building. Wealth building is a conscious and deliberate endeavor; it doesn’t happen by chance. You don’t suddenly wake up to find yourself wealthy, except someone left you an inheritance. Those who create wealth consciously commit themselves to wealth building, and this is what you too must do to become rich and wealthy. You must consciously and deliberately commit...

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The Three Questions That Will Make You Rich

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, SCHOOL OF WEALTH

The Three Questions That Will Make You Rich

Every child of God has a glorious financial destiny in Christ. Yet, we must all appreciate the fact that having a great financial destiny in Christ is only one side of the equation, the other side is actualizing it…..and actualizing it would place a demand on your knowledge and understanding of the world of money. As a Christian, it is expedient for you to study the word of God, pray, fast, and engage yourself in all necessary spiritual exercise. However, you must understand that walking in the reality of your financial destiny would require you know how money is made. “The labour of the foolish wearieth every one of them, because he knoweth not how to go to the city.” Ecc 10:15 How Money Is Made It is no more a secret that the wealthiest people in our world today are entrepreneurs. A quick study of the richest people in every nation of the world would reveal to you that practically every one of them is into one business or another. The number one truth you must embrace in your quest for riches is that the world of wealth belongs to business oriented men and women. In Brian Sher‘s book, “What the Rich Knows & Desperately Wants to Keep Secret,” he said, “As far as I know, there are only five ways to make money: 1. Steal it or cheat others out of theirs-which is risky and undermines your values. 2. Inherit it. 3. Put what you have in financial investments, which is perfect so long as you have perfect skills- or the right advice- and lots of patience. 4. Work for it, which is both honest and noble-but won’t make you rich without leverage. 5. Go into business-the most effective way if you do your homework and pick the right business. A well- run business can generate staggering profits and will outperform any other means of gaining wealth.” Running A Business Is Your Sure Access To Riches According Sher (business expert), running your own business is the pathway to the world of money. It suffices therefore to say that every wealth seeker must give the idea of running a business a second thought. In J. Paul Getty’s book, “How to Be Rich”, his first rule is that you must be in business for yourself. The word of God admonishes that you work on your own business. “…and to do your own business, and to work with your own hands, as we commanded you.” 1Th 4:11 The keywords in this scripture that I would like you to pay attention to are, “your own business.” Friend, if you want to be rich, your effort and energy should be channeled into starting and running your own business. Rich people have always known this basic rule of wealth creation. Starting, owning, and running a successful and profitable small business is one of...

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