Achieve Financial Freedom or struggle in rat race prison ??? Special Report

  Written by Devendra Patel on May 8, 2010 1:14 pm

Read More: Mindset

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What is rat race?

Accordingly to Wikipedia, rat race is a term used for an endless, self-defeating or pointless pursuit. It is just like a rat trying to escape whilst running around a maze or in a wheel. It is a term often used to describe work or excessive work in particular. If one works, one is in the rat race. This terminology contains implications that many people see work as a seemingly endless pursuit with little reward or purpose.  

Are you in rate race?

"I work very hard and long hour till late evening everyday. My working schedule is very pressurizing and full of meetings, conference calls, deadlines, deliverables, phone calls, etc. When I reach home, most of the time, I miss the family's dinner time and feel dead tired. Even though on vacation, I receive work-related phone calls. However, I can't stop it because I got to keep working to earn money to pay bills. I struggle at managing both my life and work.

Here the tips to escape the rat race and achieve finacial freedom: 

Tip#1 have dream and power it to success

The first strategy we need to escape the rat race is to have a powerful dream that drives us forward. Those who have successfully escaped from the day-to-day mundane life of being caught in a rut have done so because they have had a dream for something better!

If we don't have bold, daring and imaginative dreams then we are just not being realistic in life!

The reason so many people stuck in the rat race is that they have simply given up on their dreams in life. Before we can successfully make a great escape we need to have a dream.

So what are our dreams?

What are our goals in life?

How can we acquire an expanded view of possibility for us and our family?

Answer these questions and we are well and truly on our ways to raise ourselves above our present circumstances. Get excited about our dreams and we will develop an internal drive to take action to achieve our dreams. Expand our dreams even further and we will become unstoppable when obstacles get in our ways.

We can find numerous ways to create a residual walk away income for life that would give us both time freedom and financial freedom but chances are without a powerful dream we would never do anything about it!

So, all success in life starts with a dream!

One of the way to start a dream is goal setting.

The first thing I would do is write a list of 100 things that we would like to Have, Do and Be in our life. This would be an excellent place for us to start right now!

Imagine for a moment that both time and money was no object in our life.

What would we have in our life?

What would our dream home likely to be?

What car would we drive?

What other toys and material possession would we acquire?

What about the things we would do in life?

Remember that time and money in life are no obstacle so what would we do?

Just go wild for a moment and write down as many ideas as we can.

And finally who would we become?

As a person, what characteristics would we like to acquire?

What personality traits and roles would we take on?

Write down all of our dreams in life see if we can make a list of 100 things we would like to Have, Do and Be in life!

Once we have made a list of things we would like to do, just imagine and have as many images as we can that represent our dreams.

Surround ourselves with these images and begin to imagine our life being complete with all of our dreams turned into reality from there, it is simply a matter of the right vehicle to manifest our dreams.

All success in life starts with a dream - it is the starting point of escaping the rat race to achieve financial freedom!

Tip#2Don’t trade your time for money

The greatest trap of the rat race is the trading of hours for money.As long

 as our only wealth creation strategy involves trading of our time for money, the more trapped we will be in the rat race.

Thus, the second tips to escape the rat race is to STOP trading our time for money!

Create additional or multiple income (esp passive income) streams that gives us greater leverage than our job does.

As long as our income is dependent on the hours we spend earning it we will never have time or financial freedom. So, no matter how much money we earn in our career or business we will never have our dream lifestyle because we will not be able to fully appreciate the financial success that we have.

As an employee, we are in a terrible position we are stuck deep in the rat race because we are trading our hour for money!

Decide today that we will no longer trade our time for money directly in future. Make the decision that we will look for a business that allows us to take advantage of our third tips. It is vital to getting out of the rat race!

Tip#3 To Get Rich By Leveraging 

Ask yourself this question: on who's efforts do you currently get paid?

If your answer is you only get paid on your own efforts, then, you need to look for greater leverage. If not, you are NOT serious about leaving the rat race.

Don't expect anything to change, if we don't change anything especially the way we think...

Tips#3 to escape the rat race is looking for opportunities to gain maximum leverage on our personal efforts and time.

What is leverage?

Leverage simply means the ability to generate more and more income with less and less works. If the strategy is to get paid for our time, we are not leveraging.

"I would rather have 1% of the efforts of 100 people than 100% of my own efforts" ~ John Paul Getty.

As highlighted by John Paul Getty that it is better to earn a small amount on the efforts of a large group of people than earning 100% of your own efforts.

What will happen to our income, if we stop going to work for a month?

Just take an example of a friend of mine who is a senior sales manager in a big corperation. She told me that she was getting paid on the efforts of her 50 sales team members i.e. she is leveraging on her people to make money.

However, after a short conversation, she soon realized that if she took the rest of the year off she would soon be unemployed and as such she had little leverage from her current job.

A major step to getting out of the rat race is to look for an opportunity to gain massive leverage through the multiplying effect of lots of peoples efforts combining with our own ones!

Today, more and more leveraged tools are being created such as computers, internet, wireless and many more to help us generate more with less. If we want to keep up with the rich and escape from the rat race, we need to understand the power of leverage and use the leveraged tools that the rich are using. The average use fewer leveraged tools than the rich.

People who do not learn to use leveraged tools like computers and internet will fall behind financially or work harder and harder just to keep up.

Tip#4 you should be your own Boss

If we truly desire to create wealth and escape the rat race then we must have our own business. Profits are always better than wages.

It's a simple principle based on the cold hard fact that few people become wealthy working for someone else. If we work for someone else the business owners are simply buying our talents, skills and experience at wholesale and selling us at retail while the business owners keep all of the profits.

We must have our own business if we want a true chance of gaining massive leverage through the efforts of a large number of people.

It is vital that we look for a business opportunity that we can start and run whilst keeping our current jobs. We want a business that involves little investment or risk, can be run part time in hours that suit us and provide an unlimited stream of income as a result of its leverage creation opportunity.

CLIKC HERE TO AVOID RATE RACE FOR LIFETIME

To Your Massive Success

Devendra Patel - CEO : Wealth Creation Vault Inc.

Private Blog Link www.devendrapatel.net

Private Internet Business Training Center : www.wealthcreationvault.com

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