Have you ever thought about what separates the wealthy people of the world from those who do not achieve much wealth? Is it just luck or the unfairness of the world? In this article, I am going to give you one powerful principle that sets the wealthy apart. If you want to join the ranks of the wealthy, you must pay close attention.
The Art Of Long-Term Thinking
The principle I am talking about is long-term thinking. Where the poor and middle class people want instant gratification, the wealthy understand the importance of delayed gratification. They know that success is a process that will take some time. Therefore, they also understand the power of having patience.
However, long-term thinking is required in various areas of your life. In the following paragraphs I will identify in what areas you must apply the awesome power of long-term thinking.
Your Financial Life
The first area where you must have long-term thinking is in your financial life. Most people, because of their instant gratification kind of mindset, fail to think much about the importance of saving and staying out of debt, let alone the power of investing.
The rich, however, see money as a way to accumulate more wealth. They understand the power of compounding interest. Therefore, instead of spending everything they earn, they discipline themselves to invest their money wisely, understanding that this will pay off in the future years.
Your Emotional Life
Life is not just about money, so the second area where you must have long-term thinking is in your emotional life. By emotional I mean the relationships you build with others, be it with the opposite sex, friends, or business associates. You must learn to treat others with the highest level of integrity.
There are many people in the world who achieve success by taking advantage of others. This kind of success doesn't last and soon those who use deceptive means are utterly exposed. Those who think long-term understand the importance of developing win-win types of relationships where everyone benefits in the end.
Your Physical Life
The third area where you must have long-term thinking is in your physical life. In the end, it won't matter how much wealth you accumulate if you are in poor physical shape and unhealthy. You need to treat your body like a race car driver treats his or her car: with maximum care, understanding that it is their vehicle for success. In the same way, your body is your vehicle for success, so make sure you keep it in optimal shape.
Your Mental Life
The last area where you must have long-term thinking is in your mental life. Most people reach a point in their lives where they stop learning and growing. Personal development must be a life-long process. You cannot continue to be the same kind of person year after year and expect a different life.
I recommend that you get in the habit of reading books. I want to challenge you to, at the very minimum, read a new book on personal development every two weeks. If you incorporate this into your life, you will develop the long-term success you crave.
Do Whatever It Takes
The final point I want to make is to urge you to develop an unstoppable mindset. This means deciding in your mind that you will succeed no matter what. Once you reach this state of mind, there is nothing that will ever stop you. Take action, apply these concepts, and create the prosperous life you were meant to have.
Alexander Marquez is an online entrepreneur who will help you reach success in your network marketing or internet marketing business. Visit his blog at AlexanderMarquez.Net to discover powerful success principles that will take you to the top. Also, download his FREE E-Books to discover the secrets of his success. Act now before it's too late.
By Alexander Marquez
Article Source: The One Magical Concept That Will Allow You To Join The Ranks Of The Wealthiest People In The World
The Art Of Long-Term Thinking
The principle I am talking about is long-term thinking. Where the poor and middle class people want instant gratification, the wealthy understand the importance of delayed gratification. They know that success is a process that will take some time. Therefore, they also understand the power of having patience.
However, long-term thinking is required in various areas of your life. In the following paragraphs I will identify in what areas you must apply the awesome power of long-term thinking.
Your Financial Life
The first area where you must have long-term thinking is in your financial life. Most people, because of their instant gratification kind of mindset, fail to think much about the importance of saving and staying out of debt, let alone the power of investing.
The rich, however, see money as a way to accumulate more wealth. They understand the power of compounding interest. Therefore, instead of spending everything they earn, they discipline themselves to invest their money wisely, understanding that this will pay off in the future years.
Your Emotional Life
Life is not just about money, so the second area where you must have long-term thinking is in your emotional life. By emotional I mean the relationships you build with others, be it with the opposite sex, friends, or business associates. You must learn to treat others with the highest level of integrity.
There are many people in the world who achieve success by taking advantage of others. This kind of success doesn't last and soon those who use deceptive means are utterly exposed. Those who think long-term understand the importance of developing win-win types of relationships where everyone benefits in the end.
Your Physical Life
The third area where you must have long-term thinking is in your physical life. In the end, it won't matter how much wealth you accumulate if you are in poor physical shape and unhealthy. You need to treat your body like a race car driver treats his or her car: with maximum care, understanding that it is their vehicle for success. In the same way, your body is your vehicle for success, so make sure you keep it in optimal shape.
Your Mental Life
The last area where you must have long-term thinking is in your mental life. Most people reach a point in their lives where they stop learning and growing. Personal development must be a life-long process. You cannot continue to be the same kind of person year after year and expect a different life.
I recommend that you get in the habit of reading books. I want to challenge you to, at the very minimum, read a new book on personal development every two weeks. If you incorporate this into your life, you will develop the long-term success you crave.
Do Whatever It Takes
The final point I want to make is to urge you to develop an unstoppable mindset. This means deciding in your mind that you will succeed no matter what. Once you reach this state of mind, there is nothing that will ever stop you. Take action, apply these concepts, and create the prosperous life you were meant to have.
Alexander Marquez is an online entrepreneur who will help you reach success in your network marketing or internet marketing business. Visit his blog at AlexanderMarquez.Net to discover powerful success principles that will take you to the top. Also, download his FREE E-Books to discover the secrets of his success. Act now before it's too late.
By Alexander Marquez
Article Source: The One Magical Concept That Will Allow You To Join The Ranks Of The Wealthiest People In The World