LAWS OF WEALTH CREATION
1) LAW OF CREATIVE EMULATION:
To achieve wealth, study and emulate those who have achieved it before you. And ask their advice too. You don't have to re-invent the wheel.
2) LAW OF DESIRE:
To achieve wealth, you need strong motivation --- you must want it badly. And, if you do, nothing can stop you.
3) LAW OF PURPOSE:
Definiteness of purpose is the starting point of all wealth. You must define what you want and the steps you will take to get it.
4) LAW OF ENRICHMENT:
All lasting wealth comes from enriching others in some way. The more value you can produce, the more you will be able to retain.
5) LAW OF ENTREPRENEURSHIP:
The surest road to wealth is to start and build a successful business of your own --- and deliver products or services at least 10% better than the norm.
6) LAW OF BOOTSTRAPPING:
Entrepreneurs who start with too little capital are more likely to succeed than those with too much. More important than capital are energy and imagination.
7) LAW OF COURAGE:
Willingness to risk failure is a measure of your desire to be rich. To succeed faster, double your failure rate. In other words, "No guts, No glory!!"
8) LAW OF RISK:
There's a direct relationship between level of risk and likelihood of loss. Successful entrepreneurs analyze risk carefully and avoid it as much as possible.
9) LAW OF UNDUE OPTIMISM:
Excessive optimism works two ways: it leads both to success and failure. Make provision for your costs and problems being greater than you foresee.
10) LAW OF PERSISTENCE:
If you persist long enough you must inevitably succeed. Persistence is self-discipline in action --- it is also a measure of your belief in yourself.
1) LAW OF CREATIVE EMULATION:
To achieve wealth, study and emulate those who have achieved it before you. And ask their advice too. You don't have to re-invent the wheel.
2) LAW OF DESIRE:
To achieve wealth, you need strong motivation --- you must want it badly. And, if you do, nothing can stop you.
3) LAW OF PURPOSE:
Definiteness of purpose is the starting point of all wealth. You must define what you want and the steps you will take to get it.
4) LAW OF ENRICHMENT:
All lasting wealth comes from enriching others in some way. The more value you can produce, the more you will be able to retain.
5) LAW OF ENTREPRENEURSHIP:
The surest road to wealth is to start and build a successful business of your own --- and deliver products or services at least 10% better than the norm.
6) LAW OF BOOTSTRAPPING:
Entrepreneurs who start with too little capital are more likely to succeed than those with too much. More important than capital are energy and imagination.
7) LAW OF COURAGE:
Willingness to risk failure is a measure of your desire to be rich. To succeed faster, double your failure rate. In other words, "No guts, No glory!!"
8) LAW OF RISK:
There's a direct relationship between level of risk and likelihood of loss. Successful entrepreneurs analyze risk carefully and avoid it as much as possible.
9) LAW OF UNDUE OPTIMISM:
Excessive optimism works two ways: it leads both to success and failure. Make provision for your costs and problems being greater than you foresee.
10) LAW OF PERSISTENCE:
If you persist long enough you must inevitably succeed. Persistence is self-discipline in action --- it is also a measure of your belief in yourself.