One of the Biggest Reasons People Fail to Become Wealthy is Because of a Lack of Knowledge and Skill
I want you to sit down in your chair and read this article because it explains the dynamics of becoming wealthy. As stated in the title, one of the biggest reasons people fail to become wealthy is because they lack knowledge and skill.
What do I mean by this? If you do not have the knowledge and skill it takes to understand money making opportunities, you will not become wealthy. Case in point, while growing up in rural North Carolina, both of my parents worked at the same tobacco factory.
My parents did not earn a lot of money working for a tobacco company, however they were smart people and started a small family grocery store. The fact my parents had the courage to start their own business was revolutionary for the times because they did not have a lot of money.
Interesting when you think about it because my parents worked for the same tobacco company for 28 and 27 years respectively. Their family grocery store operated for over 20 years up until their retirement.
My foundational blueprint for entrepreneurship began at the tender young age of 10. My father wanted me in the family business and I became the stock boy, in other words I had to stock the shelves with all kinds of canned goods, sodas, cheese, ice cream, cigarettes, and just about anything large grocery stores sold.
Over time I learned how to manage the cash register and work with a variety of vendors who we purchased products from. Not bad for a kid learning the ropes.
I acquired entrepreneurial knowledge and skills which is probably why I majored in business while attending in college. To help you understand my journey, my wealth building training began at the tender age of 10 as well.
By the time I graduated from high school and attended college, I was well aware of business and how to create wealth. Unfortunately college teaches you how to learn, not how to generate wealth.
I learned how to generate wealth by investing in seminars and training from millionaires, participating in mastermind groups and by reading books. I learned how to invest in real estate, stocks and bonds, obtain government grants, build corporate credit, and establish a not for profit 501 (c)(3) that train children and youth to become financially literate.
So how do you become wealthy? Acquire specialized knowledge and skills through lifelong learning and take the all important action step because the combination results in wealth creation.
I would not be wealthy today were it not for my ability to understand real estate investing. Mind you I paid too much for my first investment property, but through specialized knowledge I learned how to hire a good property management company to find tenants to put in my property for over 18 years.
The tenants paid off my mortgage for me and I own the properties free and clear. All of my success is the result of knowledge and skill.
Today I own Pinnacle Real Estate Investments LLC, investment properties and is a philanthropist. My parents would be proud of me because they are the two people most responsible for my success in life.
Were it not for the vision and trust my parents placed in me to managed their business, i would not have been as successful. I highly recommend you acquire knowledge and skills to secure wealth in your lifetime.
As Founder and CEO of the Wealth Building Academy, i want you to know I will be hosting a \"Real Estate Boot Camp\" on December 1-2, 2007 in Maryland. I am collaborating with two other real estate experts to teach people how to make $20k to $30k per month, part time, in their own backyard.
Items we will cover:
- \r
- Obtain government grants to purchase real estate \r
- Asset protection \r
- Partnering to purchase apartments \r
- Lease options \r
- Short sales \r
- Pre-construction \r
As an extra bonus one of our partners will provide legal advice on any subject for FREE. My 2-Day \"Real Estate Boot Camp\" only costs $200.
Why so low? We will be recording the program and can afford to offer the program for $200, however the first 50 people to sign up by November 15th will only have to pay $100.
People attending my real estate boot camp will acquire knowledge and skills to help them become financially independent. What are you waiting for, sign up today!
Register by calling the Wealth Building Academy at :(866) 337-2026 by email: paul@paullawrencevann.com, or visit the website below.
Paul Lawrence Vann is Founder and CEO of the Wealth Building Academy. His company helps people learn how to make more money, save more money, and understand success principles leading to living a higher quality of life. Wealth Building Academy staff delivers real estate boot camps, seminars, training, coaching, and information products. \r http://www.paullawrencevann.com, http://www.livingonhigherground.com, http://pvann.blogspot.com, (866) 337-2026.
How To Start Your Road To Becoming Wealthy
Most people in life attempt to gain wealth by only obtaining a lot of money. These people believe that a huge bank account an...
Wealthy Affiliate University - The Same As Any University Anywhere
The Wealthy Affiliate University is the same as any other university anywhere, with regular classes and learning experiences....
You Need A Wealth Creation Strategy
Only by having a wealth creation strategy in place is it possible to become wealthy. So many people work at becoming wealthy...
The Highs and Lows of Working From Home
So youve decided to work from home, fantastic news. You imagine yourself 5 months from now on a golf course somewhere or in a...
Wealthy Affiliate A Big Scam?
Wealthy Affiliate - Is It A Scam?Are you a wealthy affiliate? There are a lot of membership sites that aim to teach people ho...
Wealth Building Strategy
There are many of us who are working on our wealth creation strategy. Wether it be working another job, starting a small hom...
How Much Money Do I Need To Grow My Business?
Today's question is one that I think many wonder about. Forr all the fathers out there, today is your day. Enjoy it!I think y...
Courage
Courage is being scared to death - but saddling up anyway.
John Wayne"Courage is the clich hallmark attributed to the hero...
How to Make Money Today for Tomorrow
Many people looking to make money want the easy way out, and that just arent going to happen. There is no easy money if there...
Ten Major Causes of Failure
-Lack of a specific purpose in life. You can not hope to succeed in any field of your life if you dont have a central purpose...
Excellent Skill: Your Greatest Resource For Wealth Creation
Every individual has some unique abilities deposited within him or her. These abilities lie dormant until they are given a de...
10 Reasons You Are Stuck In That Rut
Here is why you haven't made progress at work and in your life...1. You are listening to the "voice" that's screaming at the ...
Broke? Fix It Yourself: BE Wealthy
If youre reading this right now you probably have been broke, are broke, or know someone who is struggling with being broke. ...
Information Age: Knowledge is King
In our information age, having the right knowledge at the right time can make the difference between failure and success. Kno...
The Perfect Wealth Formula
Building wealth is a matter of applying simple mathematical principles or universal laws. Wealth is a matter of helping peopl...
How Rich is Rich - Wealth is A State of Mind or Is It?
How wealthy should a person be to be considered financially
self-reliant? This is a difficult question to answer. Two
peo...
What the 95% Failure Rate Means For Every Network Marketer
Ever hear the statistic that 95% who try network marketing fail at it? Well if youve been involved in the home based busines...
Prosperity is Just Around the Corner
Is it time to make this statement a truth that you can live in now?Looking for ways to make prosperity manifest in your life ...
Does Wealthy Affiliate Work
Many people are very interested in wealthy affiliate but are worried that they wont make any money with it. I am a member of ...
To Be A Millionaire
Most everyone will make a million dollars within their lifetime. For those making $50,000 a year it will take 20 years. For o...