Wednesday, August 18, 2010

The science of getting rich - the advancing personality

"The person who is merely a “good” worker, filling his place to the very best of his ability and satisfied with that, is valuable to his employer, and it is not to the employer’s interest to promote him. He is worth more where he is. To secure advancement, something more is necessary. The person who is certain to advance is the one who is too big for his place, who has a clear concept of what he wants to be, who knows that he can become what he wants to be, and who is determined to be what he wants to be. "

The last two posts on the Science of Getting Rich series are, to me, the most important in terms of action that produces result. I am not dismissing the other articles and advice on the book, my point is that people seeking for financial independence are usually after concrete advice that can deliver results quickly. Whilst very few people will get rich very quickly, unless you inherit a lot of money or win the lottery, hard work will eventually get you there.

The last two posts talked about getting into the right business and the impression of increase. To summarise very quickly the books says to get into a business that you know about it and that you are familiar with it. If you are a lawyer, don't try to become a medical doctor. Spend your time wisely on the topics that you can be most productive in the shortest amount of time. The second advice, give everyone you interact with the impression of increase, is equally powerful. When dealing with other you must ensure that they get something of value from you, that their life is enriched by dealing e with you. It is equally important that they know and they are aware of the value they get from you. If there is an exchange of cash for services or for goods you need to ensure that the value they get from you is higher than the cash they are giving you. This way they will come back to you over an over again.

No matter whether you are a physician, a teacher, or a clergyman, if you can give increase of life to others and make them sensible of that fact, they will be attracted to you, and you will get rich.

A person with the advancing personality does all the work, every day, and do each piece of work in a perfectly successful manner. You must put the power of success and the purpose to get rich into everything that you do.

The person who is merely a “good” worker, filling his place to the very best of his ability and satisfied with that, is valuable to his employer, and it is not to the employer’s interest to promote him. He is worth more where he is. To secure advancement, something more is necessary. The person who is certain to advance is the one who is too big for his place, who has a clear concept of what he wants to be, who knows that he can become what he wants to be, and who is determined to be what he wants to be.

This advice does not only relate to being promoted at work. It also relates to your financial situation. If your initial goal is to get our of debt in order to be able to save, invest and become financially independent, then you must know and act with the firm believe that you can achieve that. You must be bigger than you current situation by taking control and having an unfathomable desire and will to change. If you do that and you act to cause change in your life then you will advance and you will get rich.

There is no such thing possible in this universe as a lack of opportunities for the person who is living the advancing life.