At the time I didn’t realize how profound it was and when you read it in a moment, you too may be tempted to dismiss it as too simple or too obvious. But as many people have become wealthier and wealthier over the years, I have discovered that it’s the simple things that are most often overlooked.
Take a look at the lives of successful people, people who are not only rich but happy too.
Their lives seem simple, they don’t seem to work that hard (although obviously work is necessary if you are going to become rich). They seem to be able to fit in enough time for work, family, play and friends. They are constantly presented heaps of opportunities and offers but seem to stick to what they know and can do Well. They have discovered that simple things done well, done with passion and done often, are the most rewarding, both financially and personally.
And so in my ignorant and non-educated state I was all too ready to dismiss the simple wisdom that was offered to me, and yet it has stayed with me throughout my life as the one only, and most undeniable Key to Extreme Wealth is (Knowledge) and that is the Key to Wealth.. and it’s not just knowledge but it’s what you do with it. Every day people are ripped off and defrauded, miss-advised and misled, simply because they lack knowledge and this is no more prevalent than in the area of money.
Every day you can read a sob story in a newspaper where somebody lost their money through a get rich scheme that they would never have become involved in if they’d had knowledge You lost your money in your business because you did’nt have enough knowledge to make it a success.
You could have made that business a success but you did not take the time to assess your skills, to know where your strengths lay and where you had gaps and holes in your knowledge. If you had taken the time to recognize your lack of knowledge you could have done the study to find the answers to the problems presented in your business.
People get paid for their knowledge, they go to school and then go through training courses and apprenticeships to acquire knowledge so they can get jobs for money. If they know how to build a house they get paid, if they know how to run a bus1ness they get paid. If they know how to nurse or teach they get paid, but people forget the fundamental rule that it is their knowledge that they get paid for, so they stop learning. They forget that when they got a skill and learned how to apply it, their income and their wealth went up, but they get too busy to keep on learning and apply1ng new knowledge.
And there is your problem You will never be wealthy with that attitude and there is no problem that has not already had a solution found for it, no idea that has not had a way to come into reality and no success strategy that has not already been discovered, tried, tested and perfected, that has not been recorded somewhere. All that knowledge is just waiting for you to learn and to apply.
Each great business, each great product, each great income producing asset started in somebody’s head as an idea. Look at the wealthiest people in the world, they have invested in their own or other people’s ideas, they applied knowledge. The businesses that have made them such a success, the investments that have done so well for them, were all ideas in somebody’s head that were thought through and then brought into reality through applied knowledge.
The key is.. they started with something that they could do well, and was interesting enough to them that they were able to stick at it and find a way to be rewarded for doing it.
Not only did they develop their knowledge into a skill, they developed it into a love, so they were able to focus on it with joy virtually every waking moment of the day. They loved their idea so much they were prepared to protect it when it was attacked, nurture it and watch it grow, work on it, with it, and recruit people to help with it and never give up on it, no matter how tough things got. They were so excited about their idea, everything they did to make it into reality was so much fun they had to keep doing it, they were so enthusiastic about their idea, and so persistent in its selling, it became contagious, and other people got infected and interested in it.
Knowledge applied is the Key to Wealth. Fall in love with knowledge, learn how to apply your ideas in a way that people will reward you for it, and wealth will become inevitable for you.
Regards, David Lloyd