Solutions
to Income Inequality
Learn
how to become a victor, not a victim of your circumstances.
We often hear and read about the
increasing gap between the incomes from those that have and those that have
not. Today we will take a look at what you can do to change the direction you
are going and start moving towards one of those that have. I am sure you have
heard before, we all do the work of a
millionaire in our lifetimes, so we might as well learn how to become one.
How come then some have fruits on their trees and others don’t? In the subsequent
7 days we will drill into each of the 7 areas to help you understand what it
takes to be a person of value, having results from the work that you do, providing
and making the lives of others better.
1. The right education.
The traditional education, based on credentials,
developed during the industrial age, is fast losing its edge. The self-education,
a principle based education or a classical education as known a century ago and
some still today, is the right education for any economic era, is ideal for the
times we are living in. In the information age, the cost of a self-education
pales in comparison with a traditional education. One of the keys to get the
most of a self-education is to have a coach or a mentor that has done what you
are about to do. This is absolutely critical to success, no matter what endeavor
we pursue.
2. Business
ownership. The traditional education focused
on training individuals to get out of school and get a job, become an employee.
The self-education focuses on life education to equip the individual to take
full responsibility for life and/or business ownership. There are many
advantages of owning a business. What used to be a safe bet in the industrial
age, get a secure job with a big corporation, is not the safe thing to do
today. Security today is found in getting a real education while building a
business.
3. Entrepreneurship. No matter what we do, where we work, we better think
and behave as entrepreneurs if we want a shot at prosperity. Constant change
and improvement is a must. Personal growth is NOT optional. Entrepreneurs take
full responsibility for their futures developing persistence, ingenuity,
tenacity, creativity, and becoming innovative so they can often release new
version of themselves.
4. Financial
education. Having a solid financial
education is a must no matter what line of work we are in. It does not matter
where the money starts, it matters where the money ends. When we trade time for
money we will never have both. We must take full control of our personal
finances if we want a shot at living an abundant life. The haves not often
violate the basic principles of personal finance and are ignorant about the
basic rules of money. The haves learned how to invest time and money where the
haves not keep on spending their time and money. True financial security is not
developed until we develop income from business systems. Applying the three
overriding principles of wealth creation (long term thinking, delayed
gratification, and the power of compounding) is paramount to financial success.
5. Success
thinking. Our thinking determines
where we end up in life. Faulty thinking often leads to a victim or a dependent
mentality. Most of adults today are product of the industrial age thinking. New
thinking is required to succeed in a new age. We cannot take our old selves
into a bright new future. We must learn from the past, live fully in the
present, and lead ourselves and others into a better future. Success thinking
starts with defining what we want out of life, learning from those that have what
we want, and under guidance, applying a proven process to produce the results
we want. Using our imagination is critical to success into the future. Learning
the art of things is more important than the science of thing. Proper thinking
and mastery of relationship, friendships, and salesmanship; yes, salesmanship
is the basis for having results in life.
6. Leadership. Leaders know their purpose and have a clear vision for
where they are going. How can we hit a target we don’t have? We don’t lack
potential, we don’t lack talent; we lack faith. Truly successful people believe
before they see; they see before they do; they do to improve, and they improve
to succeed. Who is willing to take the time to detect their purpose, develop
the vision, and be willing to stick to a proven process until they succeed?
Very few and that is why so many never succeed. The hardest thing in life is to
explain the lack of results. The haves not often quit and blame others for
their lack of results. Leaders become masters at achieving results, develop
powerful relationship, and are constantly working on their character.
Leadership is a choice; it is not given, it is taken. Become a true leader and
you will have more fruit on your tree than the branches can hold. Become a pro
instead of just dabbling as an amateur. Be a jack of all trades and a master of
one. Be a finisher in a world of starters and quitters.
7. Gratitude
and generosity. Be a giver in a world
of takers. Many haves not had opportunities presented to them and they either
rejected or did not see the opportunity. The future will always belong to the
givers. Generosity is a common trait of successful people. Abundance thinking
leads us to a multiplier mentality instead of a subtraction mindset. We are all
hit with things that can knock us down. The haves get up, knock the dust, and
keep on going towards their vision; the haves not become victims of their own
circumstances. There is no time to waste when we are in the pursuit of great
dreams. Whatever we send out into the world we get it back multiplied, either
for the good or the bad; it is always our choice.
Thank
you for reading and reflecting on today’s nuggets. Share them with others.
We make a living by what we get;
we make a life by what we give. Be a giver in a world of takers.
Be blessed and be a
blessing to others.
Carlos Fontana, President of Phalanx
Co-author of the book Follow to Lead (The 7 Principles to Being
a Great Follower)
Author of the book PRICELESS (Sixty-Six Simple
Stories of Reflection, Love, and Legacy
