Self Help Infos

Who's there to help you then your ownself

Sunday, May 24, 2009

The Link between Thinking and Doing: How to Make Money a Reality

Posted by patrick

By Ina Hikmatullah

In difficult economic times, especially in a climate as tough as the one that exists today, any attempts to embark on a new financial endeavor can seem challenging. However, with the advent of the internet, there exists more avenues for income than ever before, such as residual income. Residual income refers to steady income that requires little to no maintenance, such as rent or royalties.

There is no such thing as a right time to start on a new business opportunity; any time can work if you have the proper mindset. Instead of worrying whether or not the time is right, consider whether or not you are ready to pursue a goal. To be able to turn your thoughts into dollars, you must have a clear plan on how to make it work. It does not matter if you are seeking a new business opportunity or want to find a new job. Residual income opportunities require a dedicated focus, no matter your reasons.

There is NoTry

Whenever you start a new project, you may find it difficult to obtain the proper motivation to begin. Outside factors can make it even more difficult, such as having financial difficulty or relationship troubles. Keep in mind that you are your own biggest obstacle. While this may have become clich thanks to self help books and life coaches, the theory still holds true.

In fact, some of the most popular life coaches and self help books deal with this theory successfully. Consider the law of attraction, as promoted by "The Secret." According to this belief, if you want to have a desire realized, then you have to do more than just ask the universe for it " you must also believe that the desire will really come to pass. Philosophers throughout the ages have quoted similar ideas. To be successful, you must not only decide on what your goals are, but you must work to achieve them. If you go about it only halfheartedly, you will only see halfhearted results.

Motivation and Innovation

You can take whatever motivation you need from whatever sage you prefer, but once you have established your beliefs, it is time to focus on the goal of building a source of residual income. If you are not afraid of trying something new, then business opportunities abound. A popular choice for those who have some investment capabilities includes real estate. This tried-and-true method does require some time and cost put into finding the appropriate rental and fixing it up. However, once the initial investment has been put into it, you can see a steady monthly income generated from the property with little to no effort on your own part.

Now if you do not have startup cash, real estate investing may not be the best option for you. However, you may find that you have a wealth of other assets, including your passions, knowledge, and experience. Think of any money making projects that you have put off, such as writing a book or looking into pay-per-click advertising or even marketing a new invention. Whatever you choose, put your heart into it to help you to achieve real residual income. If you have the energy and the desire to pursue new opportunities, then the world is limitless. In todays struggling economy, you need to be the one to put your ideas and skills together into a plan that will generate a constant stream of income for your future.

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