Tuesday, January 24, 2006

Are You Following the Crowd?

By the time you finish reading this post, you’re going to be excited about having some fresh new ideas designed to move you into the elite 5% who are living their dreams and getting everything they want out of life.

Have you ever wondered what’s different about those people who have figured out how to create financial freedom and success in every important area of their lives? What are they doing that separates them from the other 95%?

Let’s face it, if you do what most people do, you’ll get the same results that most people get. It’s a fact.

Most people have no money management skills. They spend everything they make. They have no reserve funds for emergencies. They have no savings plan. They have no investment plan. They have no retirement plan. They have credit card debt that grows yearly.

Most people are resigned to their current situation. They have no goals in life other than to make it though the workweek and relax on the weekends. They don’t have a plan for continued study and growth. They eat a terrible diet. They don’t work out or stay physically fit.

In short, if you’re like most people, the 95% who just don’t get it, you’re going to get the exact same results they do.

Do you remember in the late 1990’s when the stock market was going straight up? It got to the point where everyone was jumping on the bandwagon. Maybe you were one of them. Who needed a broker? You could do it yourself online and save the fees.

Unfortunately, almost everyone who got into the market during that time had no idea how to protect their investments. When the market took the huge tumble in 2000, they all got clobbered.

Knowledgeable investors will tell you that when everyone is getting into the market, that’s the time to get out. Conversely, when everyone is getting out of the market, that’s usually the time to get in. When most people lost their shirts in the markets in 2000, the few wise investors made a killing.

How?

Well, isn’t it true that for every seller there’s a buyer? Isn’t it true that when someone loses money on a transaction, someone else makes money on the same transaction?

Most people buy stock first and sell it later. But the few who realized that the markets were extended sold the stock on the highs, and bought them back later on the lows. The lower the markets went, the more money they made. Again, this small group makes up the 5%. The other 95% who were buying at the highs eventually ended up selling on the lows. It’s a scene that plays itself out over and over again.

Following the crowd is not the way to be successful. If it was, 95% of the crowd would be successful and wealthy, and only 5% wouldn’t. We all know that it’s the other way around.

Success is not common, and therefore does not come from doing what comes naturally.

Doesn’t it make sense then, that for you to achieve the success you want in your life, you need to model those who are living the life of their dreams and achieving financial freedom?

If you want to break out from the crowd and reach for the stars, you have to change your programming. You need to think like rich and successful people. You have to act like rich and successful people. You need to program yourself for success. Generally, that means doing the UNCOMMON.

Just because everyone else is doing something doesn’t make it right. Don’t follow the masses just to be part of the “in” crowd. Dare to be different. Think for yourself. Seek out those who are going where you want to be and hang out with them. Get involved in groups where you can meet people who are positive and growth oriented. Surround yourself with successful people.

If you keep thinking the way you’ve always been thinking, you’ll keep getting what you’ve always been getting. That’s just the way it works.

Make a pledge to yourself right now that you are going to change your thoughts and habits. Decide in this moment that you are going to turn a new leaf and develop some new, more empowering habits.

One of the best ways to get some momentum is to fill your mind with new, positive thoughts and ideas. It’s the best way to begin to reprogram yourself for success.

This blog is developed specifically for that purpose. My mission is to educate and inspire you to reach your full potential. Keep coming back here for new, empowering thoughts and ideas that will stimulate your thinking and get you on the right track.

Are you getting it? I hope that you are!

Namaste.

Jeff

3 Comments:

Anonymous Anonymous said...

Jeff,
I have already been a part of the buy hi / sell low crowd. I got tired of that and have already made the decision to change. The ball is rolling and I'm in charge of what direction it rolls.
Jeff

2:41 PM  
Blogger Larry E. said...

I try to avoid getting in lines.
Larry E.

9:21 PM  
Anonymous Anonymous said...

I feel like I am getting it. I want to improve my knowlege but the other side of my mind is racing and wants to run outside and start putting a plan into action!

6:44 AM  

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