‘Wealthy people think and act in certain ways.’ -Wallace Wattles Learning to think like wealthy, successful people is the first step to being able to act like they act so you can duplicate their results in life and business. This category of posts is dedicated to the conditioning of the mind into wealth consciousness.
The first step to building a residual income from home is to recruit.
Not recruit and drain.
If you can recruit and retain – wallah, you now have residual income.
But that’s not all.
If you want to help others do it to, you have to know about the 3rd R.
And that is to replicate.
The other day, as we were studying law of success #3, the habit of savings, one of our mastermind participants, Lillian Gregory, mentioned how the ideas of budgeting and saving money never seem to get her excited.
I can totally relate.
Budgeting and saving money for the sake of budgeting and saving money alone, never gets my juices flowing.
Aristotle was a proponent of something called The Golden Mean – the desirable middle between two extremes.
The idea is that many virtues, taken to extremes can turn into vices.
Courage for example, without restraint, can turn into recklessness.
This idea has come to form a valuable part of my philosophy relating to wealth and income generation.