Wealth Building - Create New Plans to Create New Wealth
\"The majority of men meet with failure because of their lack of persistence in creating new plans to take the place of those which fail.\" (Napoleon Hill - Author, \"Think and Grow Rich\")
Everyone has initiated plans that have failed.
Everyone.
Plans to make better health decisions. Plans to spend more time with the family. Plans to save more. Plans to learn more. Plans to invest more.
Napoleon Hill reminds us that many people fail because they stop when faced with a setback. Its as if they believe that because something didnt work nothing will work. How much further from the truth can that be?
Successful people know that a problem is simply an opportunity waiting to happen. If a plan doesnt work they create a new plan. They notice what went wrong, apply new techniques and forge ahead. Too many people stop when their first attempt fails rather than learning from it and trying again.
Wealth is built when we create new plans to replace poor, worn out or non-working ones. Theres a reason why a very small percentage of Americans retire financially independent. Most will do what everyone else does and wonder why they arent getting ahead. They havent initiated a plan that will get them where they dream of going!
Two distinct times in my life Ive seen a number of people invest in stocks when the market was doing very well. They got in late in a rally. Then a correction took place and, of course, they sold when things bottomed out. They then vowed that they would never do that again. They experienced one failure and then had no new plans a total prescription for long-term failure.
My wife and I bought an investment home in 2004 in Las Vegas. It turned out to be tremendous financial decision for us. It was a new plan we had to create because we knew the opportunity was right. Furthermore, we knew we needed to do something we hadnt done before in order to reach a financial goal we hadnt reached before. The real estate market in Las Vegas today (2007) is very different and therefore weve decided to implement more new plans. We sold that home and have invested in a new strategy instead.
Create new plans to replace failed ones.
Dont stop.
Dont quit.
Create new wealth as you create new plans!
Scott Hove is a wealth-building expert, speaker, author and entrepreneur. To learn more about him and how to have him speak to your business or organization visit: http://www.ScottHove.com
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