Author: David Cameron Gikandi

Article:
Prosperity, wealth, is something that almost everyone in the
world seeks, yet find it hard to attain for some 'strange'
reason. Money issues is what we do much of the time, yet it is
not taught in schools. When we are busy doing marketing, web
design, or any sort of work, job or business, we are simply
working on issues related to wealth and prosperity in various
forms. Here, then, very quickly and directly stated and
explained, are the steps you shall take to have guaranteed
prosperity for the rest of your life:

Step 1

The first step in creating wealth is building Wealth
Consciousness within yourself. Prosperity is an inside feeling
that becomes expressed on the outside as material wealth and
success. Any wealthy person will tell you that. When you are in
the presence of a truly and highly successful and prosperous
person, you can feel their calm and confident presence, a
knowing that surrounds them. This is what you should first build
within yourself. And you can do it right now. Anyone can.
Without wealth consciousness, building wealth becomes very
difficult, elusive and erratic. This not a threat, it is a
reality. Wealth starts within and is evidenced outside. Your
mind may tell you "I want money now, so I want to act now,
forget the wealth consciousness bit. I don't have the time or
patience for that. Just show me how to make money and I will".
That is what most people say, and they end up working hard all
their lives with little change happening in tens of years. Life
becomes a dull rep! eating event. You must build wealth
consciousness if you wish to start creating an exciting and
glorious life and stop living a survivor's hard life. There is
no other way. Even people who win lotteries hardly keep their
newly found wealth. Most lottery winners destroy their new
wealth within a year! Why? Because without wealth consciousness,
wealth hardly hangs around.

Step 2

Once you build Wealth Consciousness in yourself, you then create
wealth using the following strategies:

1. Create multiplied independent assets and efforts: Multiply
your efforts and income by having multiple assets that work for
you 24 hours a day without needing your further involvement. You
can achieve this right now, no matter where you are.

2. Investment and growth: Take advantage of compound interest.
Even one dollar can grow to a billion dollars at a certain
interest rate and amount of time. You can never have too little
to start with. You shall also see how here.

You should combine both of these two strategies. Have multiple
streams of income and investments that grow well on the long
term.

Today, your financial life may be summarized as follows: all or
most of your income from your job goes to your expenses and
debts. That will never create wealth and financial freedom.

Within a few months, you can change it to look like that of a
wealthy person, which is: your income goes to build assets and
investments. These investments and assets grow that income into
something bigger than it was. In this way, your money works for
you. The extra cash is then used to pay for your expenses and
build more income streams. So, you never work for expenses and
liabilities, for that will never release you. Instead you work
for assets. Then the assets work for your expenses, leaving you
free to do as you wish and to create more assets and income
streams.

Multiple Sources of Income

A very important and fundamental key to wealth is multiple
sources of income. Build multiple sources of income for your
life. Multiple sources of income are your key to financial
freedom. They are a manifestation of your dynamic, free and
multidimensional nature.

More accurately, make sure that each income stream is a business
and not a job. A job is something that requires you to be there
for it so that it can make money for you. A business is
something that once set up, does not need you to be there to
keep going or growing. A job needs you, a business does not -
that is the difference. Some businesses are actually jobs. You
may own a business that is a job for you. It needs you to tend
to it; without your constant attention, it falls. Jobs take your
time and freedom; businesses give you time and freedom. A person
with multiple streams of income from multiple businesses ends up
with free time that he or she can use to live well and to launch
more businesses if need be. Jobs never allow such liberties of
free time to diversify and be free to enjoy other aspects of
life.

So, have multiple sources of income, but ensure each source is
independent of you and has been built to do well without your
constant attention. If your multiple streams of income are jobs
and not businesses, they will literally drain your life, take
away your freedom, and kill you slowly. Choose well. Love your
work, but set it up so that you can be free to choose when and
where to work, or to take time off for other aspects of life.

Remember, have multiple steams of income that do not need you to
be present for them to keep producing. To have multiple sources
of income, simply desire it to be so, make it part of your
goals, visualize and start buying books, magazines and talking
to people about it. The right businesses, investments and
sources will then simply start coming to you. And always keep
wise counsel. For everything, have a person who is of wealth
consciousness and of specialization in that area to advise and
counsel you. Learn also to trust your feelings but not your
emotions. Follow your desires, but maintain detachment. The
fruits lie within the reaching into the unknown, not only in
attaining the goal. The reaching is the key, the thrill and the
growth. The attaining of the goal is icing on the cake. It is
easy.

Investment and Growth

A major key to building wealth is in making your money work for
you, instead of you working for your money. If you work for five
days in a week and spend all your income without investing any
of it, you will have forever lost those five days of work.
Forever. Wealthy people take a portion of the income from each
day and put it into investments that grow on their own,
automatically and without any further work, over a long-term
period. That way, a portion of each day that you work for money
ends up working back for you for many years to come. That is a
major key to wealth, getting a percentage of your income every
day to work back for you without your intervention.

You do this by taking at least 10% of your daily income before
taxes and bills, and putting that into a long-term investment
for a minimum of about three years.

Good investments include stocks, mutual funds, certain types of
bank accounts that have high and above-inflation interest rates,
real estate investment vehicles, bonds, royalty-producing
assets, self-maintaining businesses, and so on. These
investments do not require you to work for your money. You
simply invest, walk away, and your money grows all on its own.

Even one dollar can turn into a million dollars in a certain
amount of years at a certain compound interest rate. One dollar,
just one dollar, can grow into a million dollars all on its own
without your intervention. You would be pleasantly surprised to
know that a single dollar placed into an investment that grows
at 20% a year will become $1 million in 75 years. That is just
one dollar! All you would need to do is leave it alone, go away,
go to sleep for 75 years, just leave it alone. When you return
it will be $1 million without any effort from you, other than
your placing that single dollar at the beginning!

Now, if instead you put in a dollar every single day into the
same 20% a year growth investment, you would end up with $1
million in 32 years instead of 75. In fact, a dollar a day would
become $1 billion in 66 years at a 20% a year growth rate. A
higher interest rate would dramatically shorten that time.

This shows you that you can never have too little to start with.
Whatever your income today, force yourself into the habit of
investing 10% of your income before you pay bills or taxes or
anything else. Pay yourself first - it is your money and your
life. And it gets even better. The 1990s was an era where stocks
rose phenomenally. In the 1990s decade, over 200 stocks rose by
1000%, some by up to 20,000%. Many fell again in 2001 but on the
long-term, all good companies always rebound to even higher
heights. People in the 90s invested various amounts and found
themselves wealthier for that. Some invested just $50 a week,
and if that was their 10%, that was good enough. It grew. Others
invested more. $10,000 invested just once at the beginning of
1990 in certain stocks turned out to be valued at around $5
million by the end of the 90s. Others turned a few million
dollars into well over one billion in the same period. All this
wealth growth happened without any extra effort excep! t putting
money away into the investment.

These people were not doing anything secret - they were
investing in publicly available investments. They were investing
in well-selected shares in the stock market - and anyone can do
this. You can do it as well starting now. Just remember, choose
your investments well, invest consistently, and put 10% aside
from every single paycheck or income. Consistency is the key.
Compound interest will always work for you without asking
anything from you. Your only part is to be consistent, to choose
good investments, and to stay put on the long term. Short-term
investing usually does not earn as much as long-term investing
and it is usually a lot riskier.

As you can see, there isn't much to it. It is all in the inside
job and the outside execution. You can do both of these starting
today. No one is in a position whereby they are unable to do
anything. There is nothing you cannot be, do or have, because it
all starts within you and nothing outside you can stop you. As
Henry Ford once said, "Whetehr you think you can or you can't,
either way you are right."

About the author:
David Cameron Gikandi, CEO ImagesOfOne.com and author of the
Complete Internet Marketing Outline, A Happy Pocket Full of
Money: Your Quantum Leap into the Understanding, Having and
Enjoying of Immense Wealth and Happiness, and more. Download
these and As A Man Thinketh, The Science of Getting Rich and
Think and Grow Rich from http://www.ImagesOfOne.com.

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