As mentioned in my post: Manage your finances to get ready for your first real estate deal, I was able to conquer feelings of frustration and continue on my quest for financial freedom when I attended Bo Sanchez’ How to become Truly Rich Seminar last July 21, 2007. How time flies, that was more than 2 years ago!
If you haven’t attended what I refer to as a “life changing” seminar, this is your chance! This is the same seminar that has helped me get ready for abundance by establishing a solid foundation when it comes to managing finances and correct myths about money that were pulling me down. Please continue reading to learn more.
Attending seminars is one thing but taking action even if there is a chance for failure is a totally different thing. As usual, Bo makes this very easy to understand through the article in his newsletter below.
Why You Need To Fail
Join Me At My How To Be TrulyRich Seminar.
February 6, 2010, 8:30am to 12:00noon
Mandaluyong, Metro Manila
Last week, I had lunch with a friend I’ve known for the past thirteen years.
Let’s call him Patrick Passive.
Thirteen years ago, Patrick and I were in the same financial boat. We had very little money. We lived by the day. We had zero financial wisdom.
Today, thirteen years later, we’re poles apart.
I’ve moved on. I now have 16 income streams. I’m an entrepreneur, with interest in many small businesses. I bought foreclosed properties and rent out a few condos. I also invest in the Stock Market—both here and in the US—and other Mutual Funds.
In the meantime, Patrick has remained stuck. Over lunch, he told me that nothing has changed since the last time we met thirteen years ago. He said, “I’m still in debt, Bo. My income is still barely enough to get by. I still don’t have financial freedom.”
I felt the heaviness in his heart.
Patrick asked me, “Bo, what did you do that I didn’t do?”
“Just one thing, Pat. I failed and you didn’t.”
“Huh?” He looked at me like I was talking Martian.
I explained. “These past thirteen years, I’ve attended many seminars that were a total waste of time. I started 8 businesses where I lost a ton of money. I got into investments and got burned big time. I’ve succeeded more because I failed more.”
Patrick nodded. “In other words, you acted and I didn’t.”
I also discovered other obstacles in his thinking. I sensed that Patrick was comfortable with his poverty—because that was what he was familiar with. He was trapped in his fear. He saw himself as a poor person. He even felt that God wanted him to be poor.
I also met old habits that were sabotaging his prosperity. How he saved for his future (yes, he was saving, but in the wrong way).
How he paid his debts. How he spent his money.
When we parted, I felt a greater passion to give my seminar again, How To Be Truly Rich Seminar. I want more people to gain financial freedom. I want more people to learn how to prosper.
Join me on February 6, 2010.
For more information, click on at the link below.
May your dreams come true,
PS. After you join the How To Be Truly Rich Seminar, you can then join my powerful two-day Truly Rich Financial Coaching Program on February 19 and 20, 2010. My mentors and I will help you create multiple income streams. But I’ll tell you more about that later. First, get into my How To Be Truly Rich Seminar. Change your financial life. Click on the link below:
*If you didn’t notice it, Bo mentioned that he also bought foreclosed properties in his newsletter above. This is why I also consider Bo to be one of my mentors when it comes to investing in foreclosed properties and real estate investing.
Some thoughts on money
Lastly I would like to share some thoughts about money.
- Money is just a tool and it is up to us to use it for good or for bad.
- There is nothing wrong with striving to become rich if the ultimate purpose is to use it to help others.
- We are just stewards and all the blessings we receive were only entrusted to us. It is up to us to make good use of it during our stay.
Imagine what more we can do to make a difference in this world if we have the capability and resources to do so!
To our financial freedom!
Real Estate Investor
Real Estate Broker License #: 20056
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Text by Jay Castillo. Copyright © 2010 All rights reserved.
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