Daily Archives: November 7, 2010

Personal Development is the Key to Financial Freedom


One thing I believe is the solution to all this debt problem we are having is personal development, that is, we need to learn the basic of finance. The reason I’m saying this, is because financial experts keep repeating the same thing day after day and year after year, that you cannot build a house of cards and expect is to remain standing when the wind blows. Personal development as explained by Michael Pound in the following article is the key to attaining financial freedom that we all desires.

Why should you invest in personal development, why should you invest in knowledge? Well, are you where you want to be in your life yet? Do you have total financial freedom where you do not have to work anymore, and can spend all your time doing exactly what you want to do, when you want to do it? Chances are you have answered no to the above questions.

How does anybody become good at something that they have no idea about? They learn. They learn as much as they can on the subject, and then they practice it.

Tiger Woods is not the best golfer in the world because he was born with talent. Sure, he is talented and would certainly be a good golfer, but NOT the best and probably not even a professional golfer if he did not dedicate hour after hour to learning, and practicing new techniques. Tiger started holding golf clubs before he could even walk and has dedicated his life to perfecting his swing. Even to this day, he still seeks perfection and wants to learn more and more and more. That is why Tiger is the best golfer in the world.

Now, you probably don’t really want to be the best golfer in the world, but you probably do want to attain financial freedom and escape the Rat Race. To be rich, you have to think like a rich person. You need to invest in yourself, invest in knowledge, and learn how to think like the rich person thinks! What’s the difference between you and Bill Gates (besides a gazillion dollars)? Do you think he is smarter than you? Maybe, but that’s not why he is rich, there are plenty of people much smarter than he, but don’t have anywhere near as much money. Do you think it’s his good looks? (What good looks?) The only difference between any of us and Bill Gates is our mindset. Bill Gates sees opportunity where others see failure or hard work. The good news is we are all capable of changing the way we think if we so wish to. The only way to think like a rich person is to learn how the rich think actually think. We do that by reading books, listening to audio CDs, attending training courses, playing specially designed games and so on – Personal Development.

Currently, our minds are programmed in a set way, perhaps something along the lines of; in order to make money you have to get a job, or you might think that money is evil. However you have been brought up to think about money, you will believe it in your subconscious. We need to re-programme our minds to think like successful entrepreneurs such as Bill Gates, Richard Branson and Warren Buffet, and we can do this by surrounding ourselves with their presence, their knowledge and their experiences, in the form of books and audio training.

The more time we spend learning from masters past and present, people who have been there, done that and got the T-shirt, the more we will start to think like them, and the more we start to think like them, the more we can make decisions in our lives as they would, and the more we can make money like they do. Don’t be afraid to spend money on training your brain as personal development is the key to success. Whatever you spend on educating yourself you will make back again, and more providing put what you learn into practice and keep practicing until you get it right. You won’t get it right first time either, but through consistent effort and constant training you will become the person you want to be. Buy every book you can get your hands on and read it! Invest in knowledge!

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