Friday, November 04, 2005

Success - Education & Financial Freedom

In one a single line. 'You no longer work for money - it just follows you.' Look at a situation.Person A derives 100% income from Source 1. Person B derives 1% from from Source 1, 1% from Source 2, 1% from Source 3 and so on....100% income is generated from 100 sources. Who is having a better income pattern a more secured one. Absolutely right! Person B. If something has happens to his 50 sources of income he still has 50% income. Sadly for person B, if something happens to his only Source. Just Imagine !

Success. A word which holds different meaning for different people. For me it could mean like each day should be Sunday :). For someone else it might mean owning a beautiful house, for another it could mean having a big bank balance etc etc.

Success is simply accomplishing what you set out to do. Usually people fall in four quadrants.
1 - Lots of Money No Time - Professionals (IT,Doctors,Businessmen..)
2 - Lots of Time No Money - Unemployed Lot
3 - No Money, No Time - Still unemployed but no time to do anything.
4 - Plenty of Time and Money - Guys who have Financial Freedom.

EVERYONE would like to be in that Group 4. Well, who wouldn't? But are you prepared to do something to have that. Are you prepared to keep an open mind, look out for information and help which can put you into category number 4. And willing to learn ways to achieve it. You need to think differently if you want to be in the 4th quadrant. That’s a SECURED QUADRANT! - FINANCIAL FREEDOM. How does education relate to that? If you are truly educated that does not mean you have a lot of general or specific knowledge. Being truly, educated means you have learned how to get what you want in a completely legal manner. You have learned to get knowledge and put it to a specific action. Formal Education - nothing. With meaningful education - everything. To be successful you need to know how to get information and knowledge you need to apply it towards your goal. To be successful, you need to know who to get the information from. These type of skill have nothing to do with a college degree.

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