“Secret” Wealth Tactic: Learn to Sell “The Fish”
by Michael A Thomas

There is an old saying that applies to just about any skill, particularly money. The saying basically states that you if give a man a fish, he will eat once, but if you teach him to fish, he will eat forever.

Funny thing is, most people don’t want to learn to fish. They just want the fish.

Generally, people are lazy; they want the simplest, easiest, solution to a problem (which is usually complex), and they want it right now. Hard work is a bad word to them, and even if it takes a small amount of work, they are unwilling to do so.

So how does this help you become wealthy?

Simple. Find out something that people want badly obtain/solve, and find a way to offer them a solution that is fast and easy. In essence, sell them “the fish.”

A prime example of is in the weight loss industry. At the beginning of every year, there are millions of people who make declarations to finally get in shape. And millions of dollars are exchanged on DVDs, diet pills, crash diets, and other products that offer fast results for seemingly minimal work.

After the enthusiasm wears off, and they realize to get and stay fit will require more work than they expected, they quit the program; write horrible reviews on blogs and websites, only to do it all over again on January 1. And those weight loss companies will be right there next year, too.

So what does mean for you? That if you master how to give people what they want, and market in a way to make it a simple process, they will hand you gobs of money.

To this, you will need to analyze some of the information you know, or information you can access that has value to a group of people. Once you obtain that information, the steps this wealth building tactic can be summarized in a few “easy” steps:

1. Package your information
2. Advertise to your target market with information that gives them value
3. Sell them the information
4. Collect Money
5. Use money to build more wealth

Remember, the more you give people “the fish,” the faster and easier you can begin to create mass amounts of wealth for yourself.

Wealth Magnetism Basics: What’s Your System for Building Wealth?
by Michael A. Thomas

Implementing a system for building wealth is not as difficult as it may seem. It will take work to perfect, but it can be done.

To give you an example, try tying your shoes. You’ll notice that you usually tie them in the same way, every time. That’s a system. Your mind has been programmed perform a task a certain way, and you follow it until a different system for that task is implemented.

Your mind works in the same manner with your system for wealth magnetism. Although you may not have thought about it to date, you currently have a system in place for building your wealth. The question is, does it need some tweaking?

Here are some basic guidelines for any system of wealth:

Define what you want:“When it comes to building wealth, there is no one correct way. You have to establish in your mind exactly what you want to achieve before you can take any action.

Make your goals specific as possible. You cannot build wealth by saying “I want to make lots of money.” If you want a late-model Ferrari and private jet, or if you want to take vacations when you feel like, so be it. The clearer the picture is in your mind, the better.

Develop an action plan: This is a crucial part of building wealth. How are you going to make your money? How are you currently generating income? Do you have any debt? If so, how do you plan to pay it off? These are just a few things that need to be addressed in your wealth action plan.

Save, Save, Save: This is an oldie, but goodie. To build wealth, money cannot be burning a hole in your pocket. It turns out mom was right…

Discover: There are many different avenues to do so. From investing to starting your own business; find one that works for you.

These techniques get you started on the right path. Like any journey, you will not always follow the path exactly. The key is, however, to keep moving forward.

Wealth Magnetism Basics: Overtime is Overrated
by Michael A. Thomas

In my younger days, I could remember my dad having to go to work early in the morning, and not returning home until late at night. When I was in middle school, I sometimes wouldn’t see him for days at a time because of his schedule.

On some holidays, he would sometimes pick up an extra shift, so after Thanksgiving and Christmas dinners, my brother and I would be watching sports, and my dad would be headed to work.

It was no secret that my dad worked hard for his money. He put in a lot of overtime hours to make sure the bills were paid, and that his family resided in the suburbs. He wanted to provide a better life for his family. And I wholeheartedly appreciate that.

He always taught me the importance of doing well in school, so that I was able to get opportunities he never had. But there was one thing, try as he might, he could not teach me.

You cannot become wealthy trading hours for dollars.

The concept is simple: You can only work so many hours in a day. At some point, you have to eat, sleep, and handle other personal business. In those situations, when you don’t work, you don’t get paid!

And let’s not even talk about people on salary, where you work some hours, and you’re NOT getting paid. But let’s not open up Pandora’s Box…

In any event, trading time for money usually is a losing formula, because someone else is determining your worth. You get paid according to the average pay grade for the position, in that the industry, in that part of the country (or world in some cases).

You want to be able to afford more of the finer things, get a little more vacation, or just keeping the creditors off you, so you decide to put in a few more hours at work. But what you may not realize, is that overtime is actually making you more broke in the long run.

Overtime is overrated for a few reasons:

1.The overtime money tax. You get a little more money, but Uncle Sam takes a much bigger cut than usual.

2. Your social life dwindles. I have done the overtime thing before, and trust me, it is not fun. You can’t hang out with friends and family if you are always working.

3. Rich people don’t trade time for money. Watch Vh1 when they run shows about the ridiculously rich. They always seem to have a lot of free time on their hands

If you need to pick up a couple extra shifts to pay the bills, do it. But if you are working overtime to get some extra money, come up with a new plan. There are more than enough opportunities make money.