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Tuesday, June 10, 2008

The 3 Biggest Obstacles To Financial Success

Every one of us faces challenges in achieving financial independence. Challenges are meant to help us grow and learn. They are not meant to keep us stuck in the same dynamic year after year. But, unfortunately, many of us find that we are spinning our financial wheels, unable to break through and experience a much greater level of success. Now, this is not because we are not smart enough or because we're not trying hard enough. In fact, for many of us it is that we think too much and we make it too complicated, which makes us try a lot harder than we would otherwise have to. This frustrating cycle can wreak havoc on our personal lives, as we are perpetually confused and disgruntled by the reality of never meeting our standards for success.

Quantum physics suggests that everything in the universe is made up of energy. This includes money. Money is actually a neutral energetic force. We decide if this force is positive or negative in our lives based on the relationship that we have with it. Based on this, there are essentially three main obstacles that we face in attracting the kind of wealth that we truly desire:

1) Limiting beliefs: The main thing that keeps us stuck in our current financial situation is what we believe to be true about who we are and how much of value we have to offer others. This is really where most of us get stuck. We can strive for financial independence all we want, but if our underlying belief system contradicts this pursuit, then we will always end up in the same place. Negative and damaging beliefs have to be healed, if we are to attract a lot of money into our lives in a way that is based on integrity. When our core beliefs are based on abundance and prosperity, then we will be energetically aligned with the reality of a lot of money coming into our lives.

2) Our perception of money: It used to be that just about everybody had a 9-to-5 job with benefits and retirement plan. This industrial age paradigm has now come to pass. We are living in the information age where money can be made in new and diverse ways. There are many, many people who no longer believe in the 9-to-5 workday and are instead living life based on their own terms. They have been able to do this because they have a different perception of money than most of us still have. They have seen that money can be made through a variety of creative means, such as internet marketing, real estate investing, and offering information products to a niche market. Many of us still feel guilty or lazy when we consider structuring our lives so that are our time is freed up and we can do what we really want to do. It is a radical step to go for financial and time freedom, because we see so many people around us are still not doing this. So, we have to be willing to step out and be a pioneer.

3) Lack of support and mentoring: Every one of us needs some guidance to get to where we want to be. We have to be willing to seek out the support and wisdom of those who have achieved a high level of success in the area that we would like to pursue. In fact, all successful entrepreneurs have surrounded themselves with a team of people that have held them to get to where they are. You can't do it on your own. So, it is essential to immerse yourself in communities of like-minded people who are also interested in financial independence. It is important to get coached and to saturate your mind with the books and programs that your role models promote. If you do this wholeheartedly, you will get to a place where everything you are learning becomes a part of you and the way to your own prosperity begins to feel effortless and natural.

Embarking on the path to financial and time freedom should be an enriching and stimulating venture. It gives you the opportunity to free yourself of limiting beliefs so that your whole life becomes ripe with potential. It allows you to be a pioneer who can help others overcome their financial limitation so that more and more people began to perceive money in a new way. And it also allows you to form meaningful friendships and relationships with people who have similar interests and to enjoy the gift of successful teachers and role models.

I encourage you to check out the website below so you can start gaining the knowledge you need to create both time and financial freedom in your life.

Kevin Doherty is an entrepreneur, business coach, and health care practitioner. He has a passion for helping people like you achieve financial freedom and the ability to live life on your own terms. Click on the link below to learn about a series of informational products that Kevin endorses. If you are serious about creating financial success in your life, then the internet can be a powerful way to leverage all of your interests and passions. http://www.thriveonlinenow.com

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A Financial Success System That Works For Your Budget

Financial success is something that eludes most people. Less than 3% of the population are millionaires. The fact is that over 60% of U.S. citizens are in debt up to their teeth and most of them have no plan to get themselves out of debt. These people have no plans because it is too hard or complicated for them to develop a financial success system that works into their current financial situation: managing their "good" vs. "bad" debt, refinancing their home and cars when it makes sense, and coming up with a game plan on how to generate more income for themselves.

Income generation is a tricky subject on the Internet these days. With all the "get rich quick" schemes, misleading ads, and shady characters who lurk in the shadows, the person seeking to develop a financial success system is in constant peril of finding them self in a worse financial situation than they are in.

Here are my simple yet effective tips for creating your own Financial Success System:

1-Get a Handle on Your Life

a. Get a handle on your debt. Most people do not even know how much debt they are in. Get the numbers, find out how much you owe in total and how much this payment breaks down to every month.

b. Get a handle on your income. Find out how much are you bringing in every day, every month, and every year.

c. What is the total when you subtract what you owe from what you make? Is this a positive or negative number? Remember this number.

Now we need to come up with a solution to create more income coming in than payments going out.

2-Find Solutions to Increase Your Income

a. Get a handle on your spending. Break down where your money goes and why. Are all of these expenses necessary right now?

b. Set goals for when you will be out of debt. These goals should follow the S.M.A.R.T. guidelines.

Specific Measurable Attainable Realistic Timely

c. Begin researching different ways out of your money situation. Beginning a home business may be a good start to solving your money worries. A home business, while often unprofitable for their first several months, gives the individual tax breaks for many of the everyday expenses that we all face, thereby reducing the high cost of everyday living.

However, there are several factors you must weigh before you get involved in a home based business.

These factors are (In Short):

1. The cost of the opportunity-how much does it cost to get started.

2. The cost of marketing your business-how much is it going to be every month in order to advertise? Before you start you must answer this question. (I have met too may people that got involved in a home based business without the realization they would have to advertise it. You must have a marketing game plan in place.

3. Who is going to teach you how to become successful in business-there are many people claiming they are home business "gurus". You must trust who you go into business with and your personal philosophies must mesh with theirs. They must be knowledgeable about marketing. How you will find a target market. How to communicate with people. And how to keep your business advertising costs to an absolute minimum while still being effective as far as profit.

4. Quality of the product-what is the product and how are you going to feel representing it? It should be a product that people will buy even if there is not a financial opportunity attached to it. Money games are not a viable and long term source of revenue.

Creating and sticking to a financial success system is key to changing the circumstances of your life. Many people, when they get involved in a home based business do not research their opportunities well enough before making a financial decision. Being comfortable and confident with your business plan is key to becoming profitable quickly from your business.

Ever wondered how to get great people into your lead-gen or sales funnel? If you want more prospects you need to read Jesse's 5 Tips For Network Marketing Lead Generation

Have you ever wondered what 7 more sales a week would do for your business? Check out the author's blog if you'd like to discover the lead generation and network marketing strategies of the best marketers on the Internet.

And if you prefer Hubpages, Jesse's an expert on lead generation there too!

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