Blog #35 - Invest until it hurts?
Ever heard the phrase “give until it hurts”?
I developed a similar mantra for my business
“Invest until it hurts”
To help you learn from my mistakes and speed up your journey from A to Success I have another Success-Tip for you today…
So... inspired by Robert Kiyosaki (aka Rich Dad) and a book called “The Richest Man in Babylon” (Just click the title above if you like to order it from Amazon) I started a savings account and started to put away 10% of every money that came in. Unfortunately I was not very strict with it, so sometimes, when there was an important bill to pay or some family activity that we wanted to do, I did not do it but for the rest at least I did and slowly I accumulated a growing sum of money ready for investments.
Unfortunately at one point, we where really short with money and did not know how to continue and I made the unintelligent decision to use the money in our savings account to pay occurring bills. So I used almost everything from my investment-savings account. And of course, as faith it wanted a few weeks later an amazing business opportunity came along, with great benefits and about 60% profit annually and I did not have any money to put in. So as you see I had to start from 0 and slowly build up on that new venture.
Why am I telling you this?
Well, if I didn't use up my savings for daily stuff I would have started my newest business venture with some nice capital and like that reached higher levels of income straight away. Now I do not want to complain because anyhow this new venture is very lucrative and never the less it’s growing nicely but I want to make a point here. And what I learned through this experience is that sometimes I have to not only invest until it hurts but actually stick to it. The 10% rule is important and one has to STICK to ones DECISIONS.
I don’t know if your can relate to that but I guess there are more people out there like me who would use up their hard earned and saved money just to bridge a difficult period…. and that is what rich people never do! You see, rich people invest first and then use what is left, while broke people use first and then invest what is left…. that is the recipe for disaster.
So I made the decision to never again make the same mistake and use my investment money EXCLUSIVELY for investments. Beside my decision to become more consistent with my social media content and also create more blogs this year then any year before this is probably my most important business choice this year.
I have always invested a lot of money and especially time back into my business because I always understood the importance reinvesting (or compounding interest) since I read from Rich Dad how this works. And now I decided to be extremely consistent with my reinvesting this year and to grow my business much more in order to reach more people, to help more people grow THEIR business and create financial and time freedom for themselves and for their families.
I am looking forward to working with you investors this year closer to help you reach higher levels of success then you ever dreamed of.
So here is my success tip for you:
INVEST IN YOUR BUSINESS UNTIL IT HURTS in any and every way that you can think of, that’s what all successful people do that’s what I’ve done and will do in greater scale then ever because I’ve learned that’s what it takes to really build a strong brand a sustainable business that sits on strong pillars of multiple streams of income and most importantly… make a significant impact on others
And I know we are all in different situations with different struggles and needs so give back to your business what you can and then give to it a little more until it hurts, until it stings just a little, and surprisingly it will actually feel GOOD! that you are making the wise decision to sacrifice now and make that COMMITMENT that you are ALL IN and SERIOUS for the sake of your business and your future success!
So tell me, are YOU serious about your business? About your own success?Are you willing to go ALL IN and INVEST until it hurts? Invest your time, your resources to make your business a PRIORITY? Not just something you work on IF you have the time
If this is YOU comment below with “I AM AN INVESTOR” to claim it!
P.S. In case you don't know yet and would like to be a part of it.... you are invited to join our Private Facebook Community here I am posting training and valuable contend five times a week for all the members.
Leave me a comment below if you would like to join the gang and get training on a daily basis. Or simply click on the link HERE and request to be let in to the gang.
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WARNING! This is only for action taker and NOT a business opportunity or any kind of silver bullet! It is the exact same EMAIL STRATEGY I and so many top earners use to rake in 50 to 100k a month all via automated emails. But it takes a serious individual to learn and implement the stuff I teach you in this course.
P.P.S. For your convenience here the direct links to Amazon in case you like to read the books mentioned in the blog above
2/1/2016 08:52:20 pm
Alex, interesante blog y el video, espero que logres muchos seguidores, te diré que en Colombia hay muy poca cultura o costumbre de ahorro, especialmente dentro de las nuevas generaciones, por lo que los temas que tratas son de mucha utilidad. Además hay un enorme potencial dentro de los asalariados para mostrarles otra visión de sus finanzas invitándolos a invertir una parte de lo que reciben, desafortunadamente están en las "garras" del consumo y los créditos
2/4/2016 11:50:40 pm
Felipe gracias por tu opinion! Si eso es una problema al rededor del mundo. Y exactamente por eso estoy poniendo el punto a eso!
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