What is the first step in becoming rich?
So you want to become rich? Lots of people ask me how I did it. Me . . . I wasn't born in this country, I had to learn the language, learn the customs, and certainly didn't come from money - not even close.
This is the land of democracy, this is the land of opportunity, right? So why are there so many people out of work? Why are there so many people that just can't get it right?
Do the rich possess some secret that most people don't know about? Do they somehow have more hours in the day? Do they know how to predict the future?
Here's what I believe and here's what I depend on to get me to where I am . . .
Are you ready for the answer? Are you ready to find out the most valuable rule, the most important lesson and the very first step to becoming rich?
The answer to the million dollar question is: MAKE MORE GOOD DECISIONS THAN BAD DECISIONS.
That's it! You now have the answer. What you do with it depends entirely on you.
It really is that simple. If you make more good decisions than bad decisions, then progress is made. It's okay to make mistakes, and you certainly will. However, as long as you can look back at the end of the day or the end of the week or the end of every month and have progress, you will reach success.
Simply don't make stupid decisions, but you already knew that. Nobody successful got to where they are today by just making mistakes. Sure, they may have made some mistakes but they made more smart decisions than stupid decisions. Another way of saying it may be don't make bad decisions or don't make foolish decisions or don't make costly decisions . . . but it all means the same thing. Stupid decisions can not only wipe out your bank account, but take years away from your life . . . so don't do things that you think you may regret later.
How old were you when you first heard the story of "The Tortoise and The Hare"? That's when you first learned how to become rich. That is the God's honest truth. You simply forgot.
Go back and read it again. It will take you minutes to read and the wisdom in that short story alone is worth it's weight in gold.
Inconsistency , bad choices, not planning and being dishonest to yourself and others will lead to failure. However, as this tale teaches us -- Slow and Steady Wins The Race. Here's the link for anyone that wants to read the story to themselves, and more importantly to their children: https://www.storyarts.org/library/aesops/stories/tortoise.html
You don't have to go to some expensive business school like Donald Trump or Arthur Blank did to know that if you make a dumb decision, personally or financially, it is going to cost you not only money, but it will occupy space in your head (space, by the way, that you could have otherwise used towards something else that is more productive but now you lost that part of your mind as it's occupied) and it will COST YOU YEARS OF YOUR LIFE TO RECOVER.