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Showing posts with label wealthy. Show all posts
Showing posts with label wealthy. Show all posts

Friday, January 16, 2009

Excuses

I remember not too long ago thinking that I want to get out of my rut and get rich. I'll be honest it is taking some time, but I'm going to get there because there is no other option. I went on to read many books on the subject of wealth and entrepreneurs. I realized that all rich entrepreneurs that I look up to, such as Russell Simmons and Donald Trump, never make excuses about anything in their lives.

Many people want to blame the media, the government, their background, and their upbringing for their financial situation. After reading about several other wealthy entrepreneurs, I know that all of the things I just mentioned are excuses.

I know that Donald Trump early on in his career didn't really know how to manage his money that well, and he went into bankruptcy. Did he use that as an excuse to quit? No because he, like majority of wealthy people in our society, knows that he has control over his situations.

Just like Russell Simmons had the odds stacked against him when he wanted to start his own hip hop label. At the time no one wanted to touch the idea because the majority of the music industry thought hip hop was a fad that wouldn't last. Yet, Russell persisted in starting his own label while in college with his roommate Rick Rubin. To this day Def Jam is still one of the biggest hip hop labels in the music industry. All because Russell Simmons knew that he had control of his situation.

Now it's hard for me to feel bad for anyone complaining about their situation. Because if a kid from Southside Jamaica Queens can make it to earn himself a new worth of over $150 million then there really is no excuse for anyone to bitch about their place in life. 50 Cent had it way worse than me, and it makes me realize that if he can do it then so can I. That means you can too. So if you find yourself complaining just shut up and do something about it.

Thursday, January 8, 2009

Niche

I've been reading a book called Think and Grow Rich, and this book has made a million millionaires. At first, everyone is skeptical about the title, and it isn't as simple as it sounds. Of course you can't think your yourself into riches, but it does teach you about desire and action. One of the most useful sections in this book is a chapter about Persistence, and how it's the death of procrastination. This book has been keeping me uplifted in my efforts to become a millionaire. 

I've read stories about countless entrepreneurs who've made it from lower and middle class families. Desire, action, fearlessness, relentlessness, and persistence are the major traits that many of these well known entrepreneurs share. In order to follow the footsteps of these men/women you have to mold yourself, and surround yourself with the right people to help you follow the path that these men/women have walked. 

People would think that Russell Simmons, Oprah Winfrey, Bill Gates, and Donald Trump are very different people, but when it comes to their attitude and outlook on life they are very much the same. They all share those same qualities, and that's why they are in the position their in.