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A Few Simple Steps to Building Wealth
| | Wednesday, June 15, 2005 @ 10:55 AM EDT
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Contributed by: Joe Crane
Joe Crane Properties
Read more archived articles about Managing
Most people sleepwalk through their lives, hauled along by some middle class inertia that compels them to go to college, get a steady job, and then hunker down long enough to establish retirement benefits. This kind of thinking makes sense. It’s important to go to school, and to keep retirement in mind. But merely doing these things tends to make people risk adverse. For example, being told all of your life that you need to take certain steps to secure financial stability makes people hesitant to learn new things. It makes them scared to buy several properties instead of one, even though using any number of government loan options to buy a few wisely chosen properties is the safest investment any
one can make. The problem is that our middle class inertia focuses us so much on basic foundation issues (i.e., getting a degree, house, retirement) that we are conditioned over time to expect the ordinary, and to keep our horizons dim.
It doesn’t have to be that way. There are some very simple steps you can take to build extraordinary wealth and to enjoy true financial freedom. The first things you have to do are break out of that middle class inertia and believe that you can achieve more than the ordinary. Next, you have to be willing to duck your head and burrow forward. The greatest job I ever had was working on my family farm. Each morning my father would come into my bedroom around 4:30 am and command me to get up and work the fields. I would spend the next two hours before school slopping pigs and cropping tobacco. Was it fun? Not even close. But these early lessons in physical striving taught me discipline, work ethic, routine, and responsibility and instilled an attitude of achievement that would, later in life, propel me past the lethargic others. My point is, if you want to achieve anything in life, it is not enough to merely wish for it. You must develop that kind of 4:30 AM discipline that distinguishes you from others.
http://www.townhall.com/columnists/Armstrongwilliams/aw20050613.shtml
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