Procrastination, a cancer to success!

The single most dangerous obstacle to our success.

In anything we do in our lives we have the tendency

to procrastinate. Most of the problems that one

faces in life are a procrastination issue. It's

all related to procrastination. Putting things off....
Procrastination is a habit just like doing it now is

a habit!!! Ok this is a question and anwser format.

It's really good! Read it through carefully:

Question : "Procrastination seems to be a Universal

fact of life, shouldn't we just accept it as part of

human nature and let it go at that?"

Anwser: "Have you ever heard anybody say: That's just

me, that's who I am... I can't help it! ... Not at all.

Some people do, of course. But they generally turn out

to be the ones defeated by life"

Question: "But when something is so wide-spread isn't

it rather pointless to fight it?"

Anwser: "No. Disease is wide-spread but we don't shrug

our shoulders and ignore it do we. The important thing

is not how wide-spread a problem is but whether

something can be done about it and in the case of

procrastination, it can!"

Question: "Are you sure! Where is the evidence that this

problem can be overcome?"

Anwser: "The evidence is found in the life of every

succesfull human being. Succesfull people do not

procrastinate. At least in matters relating to their

field of achievement. It's as simple as that.

Procrastination prevents success"

Question: "Wait a minute. Surelly you can't mean that

practically everybody admits to being a

procrastinator! It's the common denominator of the

human race"

Anwser: "Not really. It's the common denominator

of people who fail to live up to their potential"

" It's true that nearly everyone will jokely admit

to being a procrastinator but when succesfull

people do so: What they are really saying is that

there are some things that they would have like to

have done that they haven't done and that isn't the

same thing as procrastination."

Question: "Exactly what do you mean by procrastination?"

Anwser: "I mean, postponing something that you know

in your heart should be done now instead of later."

"Learning what to do when you catch yourself commiting

the sin of procrastination is of utmost importance"

Question: " Did you say sin?"

Anwser: "Yes"

Question: "Isn't that putting it a bit strongly.

It's a bad habit admitedly, even a pickadillo,

perhaps, but surelly it can't be called a sin"

Anwser: "It certainly can. As any theologian will

tell you sin commes in two varieties: The sin of a

comission, it's all the attention but the sin of omission,

the second kind of sin that lays eggs under your skin.

The way you get really painfully bitten. Is by the

insurance you haven't taken out. The cheques you haven't

added up, the stubs and appointments you haven't kept and

the bills you haven't paid and the letters you haven't

written."

Question: "OK So procrastination is bad and we should all

try to do something about it. But it still seems that the

inumerable problems be-setting each of us the question of
whether we do something today or tommorow is hardly a

primary concern."

Anwser: "As a matter of a fact it is. So often it's the

key to those other problems large or small. Consider for

example typical procrastinators whose problems are

either created or intensified by delay. Ex:

The compulsive drinker who resolves to call Alcoholics

Anonymous the very next time I have a blackout. The

worker who is going to confront the boss about that

raise when the time is right. The father who plans to

spend some time with his kid when work pressures aren't

so great. The office manager who has some ideas that

would increase efficiency but who's waiting until things

settle down to implement them. The salesman who postpones

a call on a major prospect fear in rejection because the

company hasn't had a good year. The woman whos gonna stop

smoking as soon as I get pregnant. The high-school

student that's going to establish some good study habits

as soon as I get into college. The person who means to

see the doctor about those chest pains but decides to

get caught up at the office first. The nation who plans

to balance it's budget as soon as things get better.

These people and institutions wouldn't see themselves

as having much in common but they share several

things. One: Each has a problem whether large or small.
Two: Each knows what should be done about the problem

and is determined to take a specific action. Three:

However. Each is reluctant to take the action now

promising instead to act at some indetermined time in

the future. Four: Each makes performance of the task

contingent upon something else. They will do it as soon

as, or when, or if, this makes the delay seem temporary

and justifiable. However the contingency is usually just

a convenient excuse instead of a legitimate reason for

delay. What we have is a process of self-delusion.

All varieties of procrastination involve self-delusion

of one kind or another, they involve denial of reality,

refusal to whey penalties and alternatives objectively."

Question: "In other words you are saying that

procrastination is stupid. Rite?"

Anwser: " Exactly. It's a form of gameplaying. An

idiotic gameplaying at that because we ourselves are

invariably the loosers. In the words of the poet

Robert Abraham: Some men die by shrapnel and some go

down in flames. But most men perish inch by inch and

play at little games. Overcoming procrastination means

giving up the games and being honest with ourselves. "

Question: "You mentioned the article about the varieties

of procrastionation. Isn't there just one variety,

namely putting things off?"

Anwser: "No. There is one result. But there are a number

of causes. I think the cause of procrastination can be

grouped into four categories: First are the attitudinal

factors which include such things as: unwillingness to

tolerate discomfort, or unpleasantness, fear of failure

,fear of success, low self-esteem, depresion, boredom,

shiness and feeling of guilt. Second: Are the cognitive

blocks. Such as: Inadequate information, Unclear

priorities, indecision, uncertainty about how to

attack the problem, failure to apprecite the importance

of timely action. Third are environmental conditions or

external factors: They include clutter, disorganization,

noise, un-manageable workloads, diversionairy

activities, lack of needed tools, friends and relatives

who lure one from the chosen task. etc ......Each

instance of procrastination involves one or more of

these. If you can pin down the cause of procrastination

in your case you'll have taken a big step towards

overcoming it and replace it with a habit of prompt

action and it won't be necessary for anyone ever to say

to you: He slept beneath the moon, he basked beneath

the sun, he lived a life of going to do and died with

nothing done"

Question: "So where does one begin with the assault on

procrastination?"

Anwser: "One begins by discarding some of the untentable

prejudices such: such as the belief that one is just

a born procrastinator, the assumption that we are

dealing with an innate character defect that we are

helpless to correct. We must stop excusing ourselves

with a falicious argument that we are the victims of a

genetic and environmental factors that condemn us to

the role of a legenday character that goes through life

a dollar short - a day late."

Question: " But isn't there considerable thruth in some

of it at least? Aren't all of us born with certain

weaknesess and if our weakness happens to be

procrastination, shouldn't we accept it and just try to

make the best of it? Why this compulsion to make

ourselves over, instead of relaxing and enjoying life?

What' s wrong with the policy of the old song 'Que sera,

sera' Whatever will be, will be. ?"

Anwser: "Que sera, sera is a lovely song, but a lousy

philosophy. Nothing worthwile was ever accomplished by

anybody who met life with a shrug and an attitude of

whatever will be, will be. There are plenty of people

who do chose that aproach of course but they are the

zombies. Instead of the model should be: Que chero,

sera; whatever I will, will be!"

Question: "But surelly you have heard of such phrases:

Go with the flow, don't push the river, don't these

adnominations suggest that the wisdom accepting

what life has dished out and enjoying instead on

going on a binge of self-modification?"

Anwser: "Not at all. Those phrases are perfectly valid

in the proper context. It is foolish of course not to

yeld to the inevitable. But what is inevitable? One is

reminded by the well known serenity praier by doctor

Reynhold Neighbor: O god give us the serinity to

accept what cannot be changed. Courage to change

what should be changed and wisdom to distinguish

one from the other. Life is not a situation but a

process, not static but dynamic, it's essential element

is change and the great question facing each of us is

whether we will channel that change in the direction

we want to go, shaping our destiny or whether we will

permit our activities and our character to be determined

by those random forces we call faith to the extent

that we procrastinate we are following th second course"

Question: "But this all sounds like such a chore. To

fight procrastination along with all the other

imperfections we all have in our makeup seems like

a never ending process. It seems like we are
asking people to be constantly at war with themselves"

Anwser: "In a sense that's true. The concept of an

eternal struggle within us. Between good and evil.

Between self-mastering and self-indulgence goes back

to the garden of Eden. It is this great theme running

trough life and literature, but the testament of the

human race is that the battle is worth fighting. That

it gives zest to life and that victory is sweet! In

the words of the Roman poet, Pobliosarius: The greatest

victory is victory over self. To be conquered by self

is of all things the most shameful and ville"

"Our strength and the ability to overcome

procrastination grow each time we chalk up a triumph

however small. One of the notable acievers through recent

history; Ray Kroc the chairman of the board of McDonalds

, the man who parlayed the humble hamburger to a fortune.

He says: The longer I live the more importance I attach

to a man's abillity to manage and discipline himself......

I can go on forever, but basically Procrastination

is a disease that prevents us from being truly

succesfull. Now it is a part of human nature but that

doesn't mean we cannot fight it!....and WIN.

A light aproach!

I say it's time to get back to the
basics. Principles of virtue, righteousness
and truth...morality. All those things that
we were never taught. On a lighter tone I will
be going into such things to touch base on
some of my belief systems and yours of course.
It's what you believe in and know to be true
that determines how you act and what you do
on a day to day basis. Hope it's not to scary
for ya!

The Knight's Vow

I took this from a
movie called the
"Kingdom of Heaven".
A movie that greatly
inspires me and what
I do. It goes something
like this: "Be without
fear in the face of your enemies. Be brave and upright
that God may love thee. Speak the truth, always, even if
it leads to your death. Safeguard the helpless and do no
wrong. That is your oath (followed by a hard slap to the
face) and that's so you remeber it!" Pretty good. Well this
is essential and should be incorporated in your daily
decision making process! If you want to have any kind
of succes in your life. At Least that's what I believe.

Here's another one: "What does that say? Latin: What man

is a man that does not make the world better?" Very powerfull.

So I ask myself that question every day. Another one: "When I

was sixteen, I won a great

victory. I felt in that moment

I would live to be a hundred.

Now I know I shall
not see thirty... You

see none of us choose

our end, really...
A king may move a man, a
father may claim a son...

but remember when even those who move you

be kings or men of power, Your soul is in your
keeping alone. When you stand before God you cannot say:

But I was told by others to do thus. Or that virtue was not

convenient at the time. This will not suffice. Remeber that!"

Very Strong Quote.

Another one: "You've been given a patch of dirt and it seems you
will all build a new Jerusalem
here. Tis my land...Where

would I be if I did not try to

make it better." WOW. That

one should get people

thinking. What are you doing

curently to try to make the

world a better place.
And if you are how can you take it to the next level. You can

always work on improving what you do and yourself. Just don't

give up. EVER!!!!! Be a true Knight and watch the movie.

Grand Opening!

Finally I've finnished
re-designing this Blog.
Tried to simplify it to
the most. The upcoming
posts will be shorter
than what I used to have
in terms of length and
will be esier to understand.


Visuals will be a critical part of their
simplicity. I wish to welcome whoever visits
my blog and I hope it will inspire you to great
feats of success! P.S If anyone wishes to
make a suggestion in regards to the quality
and features standpoint of the blog! please
do so. I am a fiend for self-improvement!

The Truth! If ever so clayrvoiant!

"A greater psychological threat to our
investment success. Is our society's
obsession with immediate gratification.
Without assurance that I'll win,
I won't play. I want the Canadian dream
I see in the movies, the one my parents
promised me. And I want it NOW.
A willingness to delay immediate
gratification and instant results is the
first step in the right direction.
Patience is the first virtue. All
"value investors" demonstrate patience.
It is the hallmark of emotional maturity
in all of us. We must grow up, and rid
ourselves of the obsession with guarantees
and immediate gratification.
This liberates us to pursue real
financial success."

Under Construction!

UNDER CONSTRUCTION! CHECK BACK LATER!

The Cash Flow Quadrants Continued...

2. Self-Employed:

This is a little better

than being employed.

Why? It's simple. You

get to write off some

of your taxes, you

have your own schedule

and you have some

control over your

income. Usually categorized as middle

class but still clueless about how money works.

Ussually a very dangerous position to be in.

Lets say that you are a dentist and you got

your own office which means rental expense,

utilities etc. 1 secretary, 1 receptionist

and 2 dental assistants, employees. Again you

are not free because you have to be phisically

there to make money. If something happens to you

GAME OVER + you still have to pay your business

overhead expense. Again a very dangerous position

to be in. Where I'm getting at is

PASSIVE INCOME!!!!! PASSIVE INCOME!!!

.....coming soon!

About the seminars!

Financial Seminars:

Tuesday: 7:30pm - 9:30pm
Thursday: 7:30pm - 9:30pm
Saturday: 10:00am - 12:00pm

Their all on: 220 Frobisher Drive, Waterloo
2nd floor!

If you guys want more info e-mail me at:
GDzsurdzsa@yahoo.com
or just give me a call at either or: 519-500-9282
519-584-1902

PS: If you guys decide to go without notifying me
well then just tell who ever greets you that
Gabriel Invited you! so they won't go like:
"Who the hell are you"! Thanx.

The Cash Flow Quadrants!

There are basically 4
quadrants into which
people fit:

1. Employee: You have a job
2. Self-Employed: You own a job
3. Business Owner: You own a
system
4. Investor: Money works for you

Simply put there are four ways with
which people make money with
the last ultimate quadrant being
"money works for you"
Lets start: 1.Employee

Well unfortunately close to around 65% of
the population of Canada is an employee of some
sort: either they work at a sausage factory,
at Tim Hortons, McDonalds, etc. basically have a
J.O.B: "Just Over Broke". If you have a job, If you
have to work for that paycheque you are not free.
This quadrant equates the lower class (80%) and a
minor fraction of the middle class (20%)which have
a little bit better jobs with more benefits.
This quadrant simply describes the old poor man's mentality:
"A: Hey listen how much are you going to pay me if I give you
40 hours" "B: I'll give you 1000$/week" "A: Well allright"
"B: But you can make more" "A: Uhhm ah Hey listen 1000$ fine
I want to get payd for my time because I don't want to be

responsible for results." Funny thing isn't. People

who have jobs get taxed the most, the average

pay raise is 3% of hourly wage while inlfation

averages out at 4%, they don't invest because

all they can afford is to pay their bills.

And this category is also the least disciplined:

they spend spend spend. Not only does the average

North American family spend what they make but

they go into their credit cards and spend more

than they make...TO BE CONTINUED

Leveraging!

Here's what leveraging means in regards to investments: Borrowing money! for use in an investment (something that grows in value over time). Most people that use leveraging use it in real estate.
To illustrate what I mean here's an example:
I take a loan out from the bank to use it on a let's say duplex (a two unit apartment building or a condominium!). Something in the vicinity of 500,000$ 30 year mortgage at 4.7% locked in for 5 years. Lets say that's around 2000$/month. So at a interest/principal ratio of 80%/20% in the first 2 years of your mortgage you pay a total of 38,400$ to the bank and only 9600$ to the principal of the loan. So therefore as a consequence after those 30 years have passed you end up paying around 800,000$ back for you'r loan, or somewhere around there. Here's where leveraging comes into place. Instead of just living in that duplex you rent it out to let's say at 1500$/month for each condominium. That's a cash-flow of what 3000$/month - 2000$/month (mortgage which will decrease). That's 500$ in you'r pocket after you payd all utilities and monthly property tax. Consequently you might include utilities in the cost of rent! So you split the 500$ that you have left over into two 250$ for a mutual fund and 250$ back to principal every month which will enable you to pay off the mortgage 5 or 8 years sooner meanwhile re-distributing you'r lowered monthly payment to you'r investments and mortgage. Pros: Yeah it's a great way to get started. You start generating income quickly. You end up with owning the real estate + have a monthly cash flow + additional investments fairly quickly. Oh between let's say 10 to 20 years. Cons: Midnight calls from you'r renters, utilities + property tax, Too much of a hassle to manage even if property will increase in value under favorable conditions, Takes a very good eye for value, A lot of paperwork, trial and error.

Next post will be....

.....About leveraging! Me going into mortgages sparked a heated response. Next post will go into leveraging (mortgaging and then renting the estate also called accumulating equity amongst others). Hmm I'll give pros and cons. And why it's a good way to go and why it isn't from my perspective and others.

Rich Dad$ Poor Dad

Check out some of the Rich Dad$ Poor Dad videos I posted on the
blogg. RIGHT hand side scroll down! Enjoy (quality's ok).

More to come!

Leveraging when it comes to real-estate, cash-flow quadrant,
building a business, Brokerage and network marketing!
What changes you have to make.....just one:
to have an open mind!

Hey guess what! Here's how mortgages work!

Mortgages:

Is the death of

people. Most

people think that

their house is

their biggest

investment. Why?

Because it's their only investment!

It's kinda funny come to think of it

is that most people have all their money tied

up in their house and prepare very little in

terms of "actual" investments. This is going to

be a long one!Ok. Mortgages work such:

Let's say you mortgage a 300,000$ house at

around 4.5% (no interest rate is guaranteed

to stay the same over the years remeber that!).

You set you'r mortgage so you end up putting

a what 15,000$ down payment that's 285,000$

at 1700$/month for the next 30 years.

Mortgages are set-up so that in the first 2

years of the loan 80% of you'r monthly payment

will go into the bank's pockets and only 20%

will go to the principal of 285,000$.

So it's what 1700$/month and that's 1360$/month

and the rest of 340$ goes to the principal.

So in the first 24 months bank gets what

1360$x24 months= 32,640$ really nice! You'r

loan gets 340$x24 months= 8160$ kinda sucks!

So now you'r balance is what:

285,000$-8160$=276,840$. After those 2 years

you'r ratio of interest/principal let's say

lowers to 60% for the next 5 years ouch!

Catch my drift..... Mortgaging is probably the

dumbest thing one can do when it comes to

purchasing a home. When I buy a house I'm

going to buy it with cash so I can live

in it! Not so I can have monthly payments

to the bank hoping I can make a profit out

of selling it. Here's the fault line.

Let's say that the house's value goes up

in the next what 10 years from 300,000$

to 400,000$ which is pretty good. So the

house's value went up 10,000$ every year

(this is under very favorable conditions

when it comes to real-estate, this a very

good return. But right now 2007 is not the

real-estate year. So let's say that in those

10 years you have a remainder of 200,000$ on

your mortgage: so you sell and you turn out

what a 200,000$ profit which in those 10

years represents a 20,000$/year income.

Guess what in those 10 years lets say that

you'r spending around 1000$/month on utilities

(not to mention property tax amongst others)

that's 100,000$ on just let's say

up-keep/repairs/additions which bring

up the value. So you'r profit comes out at

actually 100,000$ and here's the kicker...INFLATION!!!!!.....haha....

you'r 100,000$ now has the purchasing power

of 70,000$ (calculated at around a 3.7% rate

of inflation over the 10 years,of course

this constatly fluctuates.)

Sucks to be you! But now you need

to..guess what..buy another house! So you take

you'r little 70,000$ profit and use it for a

down payment on now much expensive house of

400,000$ at a 6.8% interest rate prices and

rates go up because of inflation......

So you spend you'r life buying and selling

houses and making no money! That's why a house

is a really dumb way to invest!

Actually it's not an investment at all......

Regarding RRSP, RRIF's and LIF's

In regards to one of my previous posts! The on that mentions RRSP's. I'm going to expond on such and correct some of that information. I will go into taking one's CPP or any other pension plan for that matter and transfering it into a locked-in plan. Particualrly going into RRIF's (Registered retirement income fund) or LIF's (Life income fund). etc. Additionally I'm going to discuss spousal RRSP's and such. Get you thinking about retirment cause it's never to late to start. Lol! Nor to early!!!!!!!!

Dollar cost averaging! and Mutual Funds!

What is dollar cost averaging?

Well let's start off with an example:

Let's say that you start ivesting 100$/month in
mutual funds (professionally managed funds). You
buy 10 shares at 10$ each this month. Next month
price of shares goes down to 5$/share so you buy
20 shares. Next month price goes up to 7.50$/month
so you end up buying 13.33 shares. At the end of
the 3rd month you invested 300$ in 43.3 shares
now valued at 7.50$/share. True that the price
of shares has gone down from 10$ to 5$ and then
to 7.50$ but now you have 43.3 shares which if
you sell now will generate 43.3x7.50$=324.75$
Guess what even if the price of shares has gone
down you still made a profit due to "Dollar
cost averaging". NOTE: This does not include
interest on the mutual fund investment.

THE CRUSADE!

Update: Finally the first step to freedom - self-employed. Proud to say it too! Next step: Business owner! Just starting to understand the brokerage system! uhmmm

Basically RSP's

So basically for example:
There are 2 types of

pension plans:

1.defined contribution:

a retirement plan where

the employer contributes

a certain amount or percentage of money each year.

2. defined benefit: a retirement plan where

employer contributes a set amount based on

a formula that draws on years of service, salary

and other factors.

Here we go: Instead of withdrawing and cashing out the plan

the most sensible thing to do is to transfer it to a RSP get it tax

deffered (that means no compound tax much like an RRSP

or any other registered fund) and ultimately transform it in to

an income fund that will provide a monthly cash-flow. E-mail

me if u want to know more on how to transfer a pension plan

severance into an RSP with AGF with no immediate taxation and

ultimately turn it into an income fund.

AGF Roadshow (London, Ontario, Canada)

The all to familiar CPP
(Canada pension plan)
not the most sensible
choice?



Qute as per brochure: "Many
Canadians are impacted by employers who decide
to reduce their workforce. At that point, the
employee will have decisions to make about the
payments offered to them by their employer.
There are two possible forms of payments
an employee can recieve upon early retirement.

Retiring allowance: is considered termination
pay or severance package. It is usually granted
when an employee's position has come to an end.
In many cases, early retirement plans are designed
to reduce the number of positions in a company and
a retiring allowance is a payment in respect to
those plans.

RSP eligible: A retiring allowance can be
transferred to an employee's RSP:

• without affecting the deduction limit
• with no immediate taxation

The maximum amount eligible to be transferred on a tax....

How am I going to pay that off?

How am I going to pay that off:

MBNA Mastercard: 50$ every month (I allready cut the card)
BestBuy card: 50$ every month (I allready cut the card)
Car maintenance fees: 480$ (one lump sum payment)
Car loan: 3,394$, 140$/month + 100$ in principal
(one lump sum if possible).
Cell phone bill to be payd: 100$ (one lump sum)

Additional monthly expenses: 40$+200$=240$ just for the car.

Haha: some of you might say how am I going to
have a net worth of 2,000,000$ in the next 2 years
from a -6,414$. Well keep reading!

Here's my spreadsheet.

My current situation:

MBNA Mastercard Debt: 1,428$ current ballance
BestBuy Card: 1,012$ current ballance
Car loan: 3,394$ current ballance
Total car payments due: 480$ (I spent around 3500$
additional for repairs since I bought my car oh 9 months ago)
Cell phone bill to be payd: 100$

Current consumer debt: 6414$
Total spendings since I bought my car: just little under 10,000$

Now how does school come into place: Well it's a chain reaction:
Schools pretty far so I need a car, I don't have any money so I need a
loan, school's pretty hard so I need a laptop therefore I need a loan,
My car breaks down so I need a loan cause I don't have 3500$ to fix it.
This does not include my OSAP loan for school which I have payd off
allready.

All I got from school is debt!

Ok today's post will deal mostly with my
current fiancial situation: You see I am...
was a student! With that identity comes
a s**t load of debt, here are some: car loan,
credit cards (2), cellphone bill, car maintenance
fees, student loan. Come to think about it that's
about all I got from college is loans. That was
my college experience and that's why I've left
this mediocre system behind. You see o how
often have I heard the all to familiar:
"Employees are looking for this, this and that"
"You better get your community service hours
young man or you'r never gonna become a police
officer" so basically you better study hard
so you can work hard for the rest of you'r life.
Hmm I don't think soo. Here is the turning point"
Instead of working hard I started working smart.

coming soon!

Coming soon!
How mortgages work! 2 essential questions when applying for
a loan! What banks don't want you to know! Why world economy
and not bank economy! Why invest! Beauty of compound interest!
and much more......

why invest first before you make more money?

Well.... here's a neat idea that most people
are afraid to put into action:

A lot of times people say: "well how can I
invest if I don't have any money" "All my
money goes to pay my bills" or "I'll invest
later when I have more money"....wrong....
U see I got my cell-phone cut off because I
didn't pay my balance last month (I bet
Roger's pissed) why I didn't? Well simply put:
I payd my self first: I took 200$ and started
my first investment portofolio. Of course I'll
pay for my bill but I'll be a bit late.
See most people pay everyone first: the government,
the creditors, bills etc. and oh so often they put
money away. Most times they don't have any left.
It's a bad habit if you ask me to give you'r
money away to people that you don't even know.
Questions, comments.....this is just a start
followed by self-discipline and proper money
management and it feels good baby!

Basically here's my plan

Step 1: Start investing money (to begin with 200$/month)
suggested:RRSP's at 10% rate of return (now since they
are registered that means they are tax-deffered) for 35 years.

Step 2: Start making more money: How? well now that's a secret.....
e-mail me if you want to find out more about generating passive
income. In a later post I will explain the difference between
passive and linear income.

Step 3: Diversify my investment portofolio every 10,000$

Step 4: To achieve a net worth of 2,000,000$ in the next 2 years.
By the time I'm 22.

Step 5: Continuously educating myself financially.
It's a learning game. You know what they say?
Applied knowledge is power.

Step 6: At 10,000,000$ net worth start a money management
firm (mutual fund).

Step 7: At age 30 to completly be financially independent by
achieving a net worth of 100,000,000$.

Step 8: To have money working for me!

Step 9: As I progress: to aquire essential skills to become
succesfull: such as sales skills, marketing skills, leadership
skills, management skills etc. It is a learned process.

Step 10: Work smart now so that I won't have to work hard
later.

First post, an introduction.

I'm going to start of simply by asking you ,the reader, 2 very basic questions. One is "Did you'r parents ever teach you how to become successful?" and second "If you were presented with the oportunity would you risk it all knowing that if you follow the gameplan you will be guaranteed success?"

This blog will basically outline my path to success staring today: April 19 2007 and continue until my destined goal of complete financial independence on April 19 2017. To make it clear I'm going to outline not in detail but in overview my step by step plan to achieve my goal!