Thursday, November 30, 2006

I read this article earlier this week and wanted to share it. You may have already read it on www.richdad.com, however the message bears repeating. We had a great game last time and congrats to Tasha for winning. Starting next game there will be prizes given to the winner. I also wanted to ask members for some assistance with something please read my request in the Club FYI section of November's newsletter, thank you.

Step Into the Arena
By Gregory L. Grondel, Personal Coaching

"IT IS NOT THE CRITIC WHO COUNTS; not the man who points out how the strong man stumbled, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena...."
- Theodore R. Roosevelt

Many times entrepreneurs and investors will experience the "naysayers"; those who sit effortlessly on the sidelines telling us it can’t be done or it won’t work. These naysayers are sometimes family members, co-workers or friends, sometimes professional people such as attorneys, loan officers or accountants. Regardless of the form of the outward expressions, the unspoken, even subconscious message is often the same, "Please don’t achieve, because if you do I will be compelled to get up and achieve just to keep up." Naysayers are a primary reason why otherwise knowledgeable and competent people fail as entrepreneurs or investors.

Virtually without exception, successful people have a positive expectation of success. Ninety-five percent of the world’s wealth is controlled by five percent of the world’s population. Those five percent are the ones who put the naysayers behind them, step into the arena with positive expectation and achieve great success in spite of the opinions of the misinformed.

Do you have what it takes to step into the arena?
While an understanding of correct wealth-building principles is vital, your work ethic will determine your rate of success. You must set realistic goals, create a plan to achieve those goals and then be persistent enough to work your plan until your goals are achieved.

Wealth-building requires focus; you must be patient enough to make things happen in your own time, working toward your goals each and every day. Remember, it's a numbers game we play to find the right opportunities. Some have characterized the search as kissing a lot of frogs before finally finding a prince. Each opportunity evaluated brings us another step closer to the transactions that will produce our desired return. The key and the great secret is to be patient with yourself and the process, persistent in the pursuit of information and your goals, and positive in your expectation of eventual success.

The challenge remains today as always; step into the arena and claim the credit. Armed with persistence, patience & positive expectation, your success and accompanying credit is inevitable.

Gregory L. Grondel is a Rich Dad personal coach. For more information on Rich Dad’s Coaching, call 1-800-240-0434 ext 300 or go to www.richdadscoaching.com.


November Game Highlights

Chris & Tasha were the 1st two out of the rat race

I learned to use my cash instead of letting it sit there

Tasha wins! She’s November’s Big Cheese.


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