In Pursuit of Wealth

Untold Millions Of Americans Appear Prosperous But Are Technically Bankrupt

The fact that millions of Americans are broke has little to do with the failed economy in many cases.  The national norm is to spend as much as you can and then as much as your credit cards will allow. When people get a raise, the majority of the time it helps to pay down some of the credit card debit so they can spend more or the excess is spent before it gets to a bank account to use as a payment.  The more we make the more we spend.  But it is true that the extent in which you save and handle money can be an indicator as to how serious people are or are not about their lives and their success.

If you take a good look around, a society that does not save or invest for the future does not believe that it has a future. So why not get it all now while we can.  Live for the day, eat, drink and be merry for tomorrow we shall all die anyway.  Problem is we all do not die tomorrow so we wake up with the results and are severly in debt.  While in much of the industrial world, they are building up savings accounts, we in the United States are building up our credit card accounts.  Or at least till recently.  Many, many Americans have lost their credit and their accounts have gone belly up because without some sort of savings there was no resources for that rainy day. Sound familiar?

As a nation we need to get back to the fundamentals of handling money.  We must think of accumulating and managing our money as a process and not an event.  Sacrifice and saving are two essential elements for peace of mind and long term success. We must learn to implement delaying immediate gratification for greater tomorrow.  When you set aside a small protion of your income regularly the first thing that you realize is that you do not miss it.  The second thing is that people with money tend to attract more from other sources. With a little preparation, a large number of Americans could have avoided the downfall of the economy and been able to maintain their lifestyle until the nation got back on its feet again.

Key Principles To Prepare For And Create Success In Tough Economic Times

It is an age old myth that success and the money that can go with it sometimes is a glorious happening and does so over night. Unfortunately most overnight successes took many years to build and create. But every one of them followed the same basic principles.

The very first thing that happen was each one had a Big Vision. Without a vision there is no beginning, no starting point and no foundation from which success can be built.

Always remember that all success happens one step at a time. Just like walking it takes one foot in front of the other. For each new step the previous one must be completed.

Everything that grows goes through a process of growth before it reaches maturity. Plants, animals humans and yes, success does too. In its infant stage is where the most processing happens and if not allowed to do so it can be stunted or even die.

When things do not go right during the growing process then the important concept is to correct and continue. Make the necessary adjustments and take the next step. You can always finds ways to improve something that took a wrong turn. Even a spaceship going to the moon does not get there on a straight shot. It is always correcting the course and continuing.

Always be asking yourself "What's the next step?" When you look ahead at what your next move is going to be, your can make sure that what you are doing now is going to get you there. It is amazing how many people just cruise along and figure they will know what is next when they get there. The problem is that if you don't look ahead you do not have a clear look at where you are going and may not get there at all.

Whatever it is that you are doing to become successful a key concept to remember is that it doesn't have to be perfect to work. There are no points for style or flare. The main objective is to get the job done. And sometimes it is not pretty in the process. But the process is necessary to establish the end product whatever that may look like of be.

Abundance Does Not Always Come The Easy Way

It is quite apparent that the economy is playing havic on a huge number of people.  it also is being said that we will be facing these types of financial crisises for a few years to come.  But sometimes in the face of disaster comes blessing and abundance of some kind to replace what once seemed a somewhat hopeless situation.

This happened to me in the not so distant past.  If you have been following me at all you will see that I have been away from my computer for some time and I am excited to be back on track online, at least for now. I have been assisting at various financial and personal development events helping other people make life changing decisions to take their businesses and their lives to the next level.  This type of change is not only necessary but imperative to steer through the tough economy many individuals face.

During this absence, I experience a bit of crisis of my own as well when I learned while in New York that my home in Las Vegas was flooded and the damage was extensive.  Not only was there not ample homeowners insurance to cover the damage which I was unaware of, but the woman who was responsible for the accidental flooding had no homeowners insurance and is refusing to provide any reasonable restitution. Now that could raise the hair on the back of your neck for sure.

With dilegence though, I was able to secure some funds to begin repairs and restoration of my home.  The interesting thing that I would like to share is that I was looking into replacing old carpet upstairs and change my kitchen cabinets sometime in the future to create an environment of abundance and newness.  But, I was not planning on replacing ceilings, walls and basebords, etc in the process.  The amazing point is that through this disaster the very things that I was believing the Universe for in creating a better lifestyle is in fact coming to fullfillment.  Not exactly the way I had planned but then again a very important lesson was learned. 

So do not give up on your dreams and plans for your future and continue believing that you too can live an abundant life.  Always look for the positive in even the most negative of situations.  Giving up will only take you to a dead end.  As much as it has been difficult and inconvenient for the past three months to live in my home the way it was, I am already enjoying the opportunity to receive the very things I believed for...be manifested even in times like these when the economy is at an extreme low.  The Law of Attraction is just that....like attracts like and with a positve outlook and attitude in a negative situation, who knows how far open that door of opportunity will swing.

Sometimes You Have To Be Able To Recieve

Last week I was working at Enlightened Warrior Training Camp in New York.  Everytime I work one of these camps I get strengthened and reminded of the ways of a warrior.  One of those ways is that I am bigger than any obstacle.  Well while I was in the final days of camp and the changing of many lives I received a phone call that my home was seriously damaged by water.  In pursueing the the explaination I learned that my friend who was watching over my animals left the water running in my master bathroom for several hours at full force damaging the upstairs but more so the downstairs as the water ran throughout the walls and ceilings. 

Now the first thing said to me as people began to hear of the disaster was "Are you mad at her" and my answer is no.  Her intentions were good and fortunately things are replaceable and real friends are not.  However the news that came to me as I landed back in Las Vegas to start putting a wet life back together was that the insurance company was not covering the damages and I would have to foot this project on my own.  There are legitimate reasons that the coverage is minimal but I now have to remember that I am not only a Warrior but I am a Wizard as well. I will stay calm and centered regardless of anything. 

Through all of my training I have taught and learned one thing...and that is if you do not ask you will not receive.  And at times you must be a receiver as well as a giver.  So I chose to ask for assistance from my internet friends, affiliates, associates, readers, purchasers, Tweeters and everyone who has been even a small part of my life.  I watched as a nation and many businesses gave to rebuild the lives of thousands who lost their homes in Haiti, Louisiana, and several other location devastated by disasters.  And I gave to countless causes to assist in those restorations never dreaming that someday I would remotely experience what they did.  Fortunately many of my furnishings were spared but the structural damage is extensive. 

From my heart I now ask for any donation from the thousands that I have been in touch with for the past several years to help me put back together this place that I call home and welcome all that choose to visit. Every dollar matters. And the appreciation is beyond a simple Thank You.

Another way you can assist is to get your own one year Success Journal or your one month Success Journal and remember that in appreaciation of your support I also give 10% of those purchases to others in need but predominantly animal and childrens charities. It is in giving that we are truely blessed.

 

Community Supported Enterprise Is A Creative Way Of Financing And Rewarding Consumers

There is no question that the enomony has been struggling and not only have people lost jobs but some have lost their entire business as well.  So it is amazing that when faced with the possible risk of rejection from the bank for funds to create a new business, this man, Gio, went a step further to create a way to not only finance the vision that he has but to offer a win win situation for those that chose to join him in that committment to succeed. 

 

This is a community supported enterprise which is a creative way of financing that rewards the consumer instead of large banks. It is an insider membership to Bottega Nora.  Gio has come up with a program that can help him finance the opening of Bottega Nora a wine boutique.  Instead of paying banks or investors enormous amounts of interest, he  can pass on the savings to the people that get in on the ground floor and make the opening possible.

 

     

 

Other businesses such as Costco, Sam's Club, and a few others have done the same but on a much bigger level and are still thriving businesses.  Many internet entrepreneurs have also created membeship programs to not only provide a service to there followers but to create a stream of income so they too can continue business on the internet.  

 

Once you have visited Bottega Nora and determine whether you would like to participate, you will find my picture as one of the people who believe in this vision on the enrollment page.  You can join me, Bonnie Holscher,  with confidence and click on that picture to not only enroll but to assist Gio in reaching his membership goal for a March 2010 Grand Opening.  One of the true tests of leadership is to give back and seeing this dream and vision manifest and the fact that I like fine wine is the reason I chose to share Gio's dream with you.   

 

 

Money Alone Does Not Make You Wealthy

Contrary to popular belief, it is not just money that make you wealthy.  Wealth comes in many forms and money is only one piece of the puzzle.  Yes, it is true that a lot of money will give you the freedom to do what you want, go where you want to go, and have what is your hearts desire. But the question is....how long will that last if you do not have income producing assets that will keep[ you there when you choose not to work?

Successful individuals are not just rich, they are wealthy.  They know that when you continue spending your money without income streams to support their lifestyle, the lifestyle will eventually diminish.  It is not only important to know how to make money, it is more important to learn how to invest a portion into income producing streams that are passive or in other words working when you are not. Most people just try to earn enough to go from day to day but the wealthy are always looking for an other income vehicle to insure their wealth portfolio has continueal increase. 

Wealthy individuals are also humanitarians in most cases.  They have charitible organiztions and/or individuals they contribute to in order to enhance the quality of life.  They care about the people who work in their organizations and provide opportunities for those people to improve their own lives.   

Women especially do not realize the importance of having their own assets.  So when divorce, death or even the loss of a job, they find themselves with little to no means of support.  It is not going against the male influence in their lives to make sure the future is not a black hole they and their children can fall into at those types of unopportune times.  

Have you looked at your assets lately?  Maybe you do not have any. Now is a great time to look into some kind of investment, whether it is large or just a small one.  You never know when turbulent times such as the ones we are experiencing now, will send you into devastation because you did not put away a few golden eggs for the future.

Entrepreneurs Are Considered One Of America's Role Models

I haven't really given much thought of entrepreneurs being role models. But in a business research I did this morning, I ran across an informational article in Fortune Small Business. The author points out that entrepreneurs have come a long way from the days when they were seen as strange outsiders and just crazy risk takers.

Interestingly enough, today, it seems that everyone wants to own a business. In fact, almost 70% of Americans have expressed that they want to start a business some time in the future.

No longer peculiar or obscure, entrepreneurship is now an admired, often envied, position. And the neat thing is, it has become a distinct position of influence.

I find it very encouraging that the population of business owners literally make up a major part of the fuel of the American economy. We also lead the nation in charitable donations, which provides almost 60% of all individual tax returns, and employ the large majority of Americans.

Entrepreneur. is a great title and something to be proud of.  Carry it with your head held high.

Go to Fortune Small Business to read the article in its entirety