By defining what you mean by wealth, you now have a destination. Setting your objective is establishing your timetable to reach that destination. It’s quite simple if you know you are going to drive to a certain place it makes sense to now:
- what time you are leaving home
- what time you expect to arrive
- what route you are going to take
- what you will be doing when you get there.
Getting rich is exactly the same. You will want to know in advance what rich means to you, how you intend getting there, how long you expect it tom take and what you are going to be able to do or want to do with your money when you get there.
So, having define what wealth means to you, can you now see the important of setting your objective? Think about how you intend getting rich and how long it is going to take you and then set your objective. It might be simple: ‘I am going to be a millionaire by my thirtieth birthday and i shall make money by running my own property development company.’
That was easy. well it is for me because I’m only making up an example for you. For you i wager it’s going to be pretty hard. This is because you won’t have thought for this before. Oh, I daresay you might have a casual dream – I want to be very, very rich and/or famous and successful. But few people – only the rich, famous and successful ones in my observation – actually decide what and when and how. You have to if you too want to be wealthy. And i assume you do or you won’t be reading this far. Good for you.
Now set your objective I can pause and wait.
Are you back already? How did you get on? Your objective have to be realistic, honest and achievable. By realistic I mean that setting an objective of being the richest person in the world might happen but isn’t going to, it isn’t realistic.
Honest means you have to be true to yourself and set an objective that you can live with and work with. Lying to yourself means that it will fail. Lying to others means it will fail.
Achievable? Yes that too. If you know nothing about property and aren’t interested in learning, have no capital and can’t get a mortgage, then setting an objective to be a property developer is isn’t realistic, honest or achievable.
Happy with what you have got? Good. If not have another bash at it and let’s get a move on, I want to get you up and running as soon as possible.
FOCUS TO SUCCEED OR FAIL THE CHOICE IS YOURS