I’ve spent the week helping a fantastic group of Wealth Builders take action and change their financial reality for the better through learning and implementing.
This truth really hit me…
The hardest part about investing is the learning, rapidly followed by the implementation.
If we are all really honest with ourselves we know…
Wanting to be wealthy is easy.
Wanting to be a successful investor is easy.
Wanting financial freedom is easy.
Everyone “wants” something.
Wanting is easy.
But not everyone has the fortitude to dig in and really learn how to get what they want and the tenacity to implement what they learn.
Learning and implementing is the only way we get the life we want.
Nobody popped out the womb as a great investor!
Investing is a learned skill.
Creating real, sustainable wealth is a learned skill.
Every good investor got there by learning.
But most people are too lazy to really LEARN. Then implement. Then learn and adjust. Then implement. And learn some more.
It’s work. It’s a grind.
It feels uncomfortable feeling incompetent.
Studying and practicing until we become competent is not everyone’s cup of tea, or coffee.
And that’s the primary reason so few people become financially free and experience a wealthy life lived on their terms.
The capacity and self direction to learn and grow is what sets a select few apart from the masses who stay stuck in their familiar suffering – wanting things to be different.
Even Warren Buffett spends more time learning than he actually does investing.
He holes up in his office with stacks of books and financial statements. Buffett puts in the time, and then he’s ready to make smart decisions that build on what he has learned.
So here is some practical advice if you think you want to become a successful investor and create your own freedom…
Start on weekends or in the evenings. Read and take investing courses. Watch the masterclasses I run. Do it week after week with whatever spare time you have. Don’t let yourself get distracted by all the “urgent” stuff that sucks your time away.
Learn and learn and learn. Implement and learn. One step after another. Step by step you find yourself free.
You won’t start out ready to be successful.
You’ll feel incompetent. You’ll make some mistakes.
Getting it all right is not the point when you start.
The point is to get good at LEARNING and expanding your mind and your skill set.
The more you do it, the better you get.
The more you immerse yourself the more comfortable you feel in the world of investing and asset generated income.
This is the best and fastest way I know how to get to where you want to be.
It’s not magic, but it is the way.
Your wealth can only grow in direct proportion to your capacity
to make, hold and expand it.
You must expand you first, then you’ll be able to invest and expand your wealth.
And most importantly, when other wannabees are outsourcing their financial wellbeing to an advisor or listening to people selling “get-rich-quick-scheme” promising huge returns for nothing, you are becoming a well oiled wealth creation machine, learning and growing and gaining confidence in yourself.
Having a solid base of competency and confidence that you know how to invest and get your money working is an incredibly valuable internal asset to have when you realize it’s up to you to make your own future and freedom happen.
Remember – nobody cares about you as much as you.
Maybe none of this applies to you because you’re already a successful stock investor, or you still think it’s too hard and scary to do so you’ve given all your money to someone else to manage. (Good luck with that one.)
I hope this little pep talk has encouraged you to be a lifelong learner.
P.S. If you are not yet a savvy direct stock investor, why not learn how to become one in the upcoming Wealth Builder Masterclass series happening in August.
Go here sign up for
Successful Direct Stock Investing
How to Select Winning Stocks for Your High Performing Share Portfolio
A Three Part Masterclass Series With Ann Wilson and Nic Oldert