Sunday, August 1, 2010

Wealth Habits

After almost a year after attending the Wealth Academy workshop, I finally listened to the CDs which were handed to the participants of the Wealth Academy workshop. It's an eye opener for me as prior to attending this course, I would not have had the courage to do any investing at all. After this course, I now know that it is possible to have a passive income in various other forms such as investing, internet marketing, etc.

As in most activities in the real world, investing is risky only if you are not properly equipped with the right information. Similarly driving a car is dangerous if you are not trained as you can get into an accident and even die from it.

In one of the CDs, the top 10 wealth habits are:
  1. Do a lot more than what you are expected to do to create value
  2. Be proactive - no immediate opportunity, create your own
  3. Delayed gratification. Be prepared to invest your time, patience and fund
  4. Passion. To succeed, you need to do what you love
  5. Continuous and never ending improvement. How can you be better today than yesterday?
  6. Commitment - Willing to do whatever it takes by putting yourselves on the line.
  7. Integrity - Be responsible and people can trust you and give you their business and partnership.
  8. Discipline - have your own set of rules and never break your own rule
  9. Play Win-Win - never think of how you can make more at the expense of others.
  10. Ability to turn any kind of failure into feedback.

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