Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

How to Build Wealth in a Struggling Economy

How to Build Wealth in a Struggling Economy

Gone are the days when a good old fashioned job yielded the best security for a person to provide for the family.  Pension plans are extremely rare in the current economy.  401K plans are not producing the yields they once could.  Real estate, once a solid investment, has seen corrections like never before. 

 

There is no more perfect time than now to find a way to build wealth and achieve financial freedom as an entrepreneur.  But breaking out of the mold can be a frightening endeavor.  Few people are successful at creating their own product, marketing, and selling. 

 

You need to find a way to start your business while maintaining your current income.  You need to align yourself with a system that comes with mentorship, training, and expert support, so you can develop your mindset, marketing skills, and interpersonal skills.  This support must be available to guide you during the ups and downs of the initial period when your business is becoming self sustaining.  You will then be able to give back by mentoring those who come after you.

 

Do your due diligence when selecting the business in which you will be proud to be involved.  Equipped with a solid foundation in a reputable business, you are ready to practice persistence. 

 

You must never give up if you are going to be a success.  You must believe in your excellence and concentrate on focused, premeditated action. 

 

Remember that failure is not an option, so you must refuse to quit.  Always remember that to get something you have never had, you must do something you have never done.

 

Remember the four laws of success:

  1. Law of Desire.  Desire is a force that propels you toward your goal.  It cannot be easily stopped.  You must want it badly enough that you are willing to sacrifice and never give up.  Desire overcomes obstacles in the path to the goal. 
  2. Law of Belief.  If you don't believe that you can achieve your goal, you won't.  If you believe that you can do it, your subconscious mind will drive you toward the goal. 
  3. Law of Positive Attitude.  Your self-talk must be positive in spite of the obstacles you encounter.   Expect to have problems.  Remember that you are not a failure as long as you continue to pick yourself up, dust yourself off, and dive in again.
  4. Law of Persistence.  Successful people do not let anything stop them.  Successful people recognize that failures are part of the learning experience in showing us what doesn't work. Remember that Thomas Edison failed over 1000 times in his quest to invent the electric light bulb!  Colonel Sanders was turned down over 1000 times when he solicited restaurants to buy his chicken recipe!

  "Whatever the mind can conceive and believe, it can achieve" Napoleon Hill





How to Build Wealth in a Struggling Economy - To learn more about this author, visit Mimi Ward's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Evan Carmichael
I've created this section on my site to share some of the incredible tools that I've used to build my business. I hope you too can benefit from them and look forward to hearing your feedback on the reviews! - Visit Evan Carmichael's Website

Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website

Dianne Crampton

Dianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here.

Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009.  Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010.  To receive publishing discounts, subscribe to the free TigerTracks Newsletter here.

- Visit Dianne Crampton's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Mimi Ward
(Visit Mimi's Website)

 

Mimi Ward, PMP, is an M3 Master Consultant with CarbonCopyPro.  Ward received her B.S. from Emory University and M.A. in Neuropsychology from Georgia State University.  She was involved in the early research which culminated in the development of the SSRI class of antidepressants.  Ward later transitioned into Information Technology and held positions in that career in various capacities in the Software Development Life Cycle and Management.  Ward and her top tier partners provide training, coaching, and strategizing for successful internet marketing.



Mimi Ward is a Gold author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Mimi Ward's

Complete
List Of
Home-Based-Business
Articles

Name
Email
If you enjoyed this article, get Mimi Ward's Complete List of Home-Based-Business Articles For FREE!

More Mimi Ward
How to Build Wealth in a Struggling Economy
Internet Income Opportunities How to Weed Out the Scams from the Gems
How to Pick a Great Online Business
A Review of the Efusjon Opportunity Should You Join
Entrepreneurs are Made Not Born
Online Business Startup While Working a Day Job
Budgeting 101 Personal Budgeting Made Simple
Why Budget The First Step to Wealth Management and Financial Freedom
Entrepreneurs Will Save the World
Free Downloads

Referred by: http://jaykubassek.com



 
 
 


Evan Elite Authors
Joe Dager  
David Acheson  
Casey Gollan  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Traffic to Site Icon Traffic to Site
New Year Revolutions Icon New Year Revolutions
Explode Expo Results Icon Explode Expo Results
Business Checkup Icon Business Checkup
The Small Picture Icon The Small Picture
Free Downloads - Complete List

Entrepreneur Tools and Guides
Fortune Hunters - CBC Entrepreneur TV
Fortune Hunters
CBC Entrepreneur TV
 
Top 50 Social Entrepreneur Blogs of 2009
Top Social Business Blogs
Top Social Entrepreneur Blogs
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Blessing Eguavoen Benin City, Nigeria,
Blessing Eguavoen
Benin City, Nigeria
SEO For Africa

If I Were A Startup...
Dana Zita, > $2.5 Mil in revenues
Dana Zita
> $2.5 Mil in revenues
Robert Iachetta, $372k to $921k in 2 years
Robert Iachetta
$372k to $921k in 2 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Ray Kroc, McDonald's
Ray Kroc
McDonald's
Chris De Wolfe Tom Anderson, MySpace
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Ask Michael Gerber, Reader Questions
Ask Michael Gerber
Reader Questions
Jack Canfield, Chicken Soup
Jack Canfield
Chicken Soup
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Top 10 Secrets Of Outrageously Successful Business Owners
By Denise Corcoran
     Are You Addicted To The Limitations In Your Business?
By Denise Corcoran
     Top 7 Mastery Principles To Building A $1,000,000+ Enterprise
By Denise Corcoran

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information