Warning: Success Rant! Gaining Inspiration from Robert Kiyosaki – Your Goal is Closer Than You Think
I was listening to Robert Kiyosaki’s Rich Dad Poor Dad audio book earlier on and something struck me that I thought might help you lovely folk.
It was around the section where he starts talking about his definition of wealth that it hit me. For those of you who are yet to read it, he takes his definition from R. Buckminster Fuller’s definition, which basically states that your wealth is the number of days forward that you can survive without having to work. For example, if you had to stop working tomorrow, how long could you survive?
If you have enough money to cover 15 days worth of expenses, then that is the extent of your wealth.
To that end, if you have an asset (like an online business) that covers your monthly expenses and then gives you a little more, then you are truly wealthy as you don’t need to work any more to maintain your current standard of living.
Now this is not what struck me as amazing. I’ve read and listened to this book many times.
The thing that amazed me was that, to get to the first level of comfort that I want to attain (living in my own place in London, driving a new Mini, being able to take my friends and/or family out for dinner once a month and generally being financially free), I would only have to earn £2000 – £3000 per month.
What excited me is that I’ve already started earning online, through businesses that don’t require my presence to run. Now, they’re not yet at the stage of earning me £2000 per month, but the fact that they’re earning money means that I simply have to scale up the business (more traffic, better conversions etc) in order to achieve that.
It might not sound like a revelation, but what it means to me is huge.
It means I can see ‘the finish line’. By extrapolating that idea further, once I reach £2000 per month, I only have to scale up again in order to earn £10,000 per month. Now yes, of course, that sounds very simple, but the fact is that it is pretty straightforward to do. I can already see how I can earn more by increasing traffic, and I know how to do that because I invest my time and money learning that stuff.
My point is that you too are learning that stuff. Many of you will be applying it. So you already have most, if not all of the tools you need to get to whatever your first big monthly income goal is. If you don’t have those skills, realise that they are out there, either for you to learn or for someone else to do for you. You’re so close to succeeding, but most people don’t see it and so they give up.
Try this exercise that my friend AJ showed me:
- Think of how much you want to earn per month. Be very specific. Don’t just say lots, because that doesn’t exist. Ten thousand dollars or pounds does.
- Now, work out how many products at $47 or $97 you would have to sell per month in order to get to that figure. You’ll be surprised by how few it is.
- For example, to earn $10,000 per month, you only have to make 104 sales at $97. If you had 5 or 10 separate products, all with affiliates and traffic, isn’t that pretty straightforward?
- The only thing you need to do now is find a niche or three, and then provide $97 worth of value to them.
Again, I realise this is a simplified approach, but it really is that straightforward. I’ll be writing more on this, but I just wanted to share those thoughts with you in the hope of sparking your imagination and excitement.
Even if you’ve only ever earned $1 online, you can find a way to make that $10, then $100 and so on.
Let me know your thoughts below.
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Its disturbing for anyone to think about an insecure future and I think each one of us think differently when it comes to securing our future. While some are satisfied keeping their money in banks some deposit in schemes or invest in properties but I agree with you Matt, that online business is a brilliant method.