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From Rags To Riches: The 5 Step Kick Butts Formula Of Financial Prosperity

from rags to richesEven though there are dozens of inspiring “from rags to riches” success stories, there are hundreds of people who never managed to escape from the chains of poverty.

Fortunately for you, being born in poverty (or middle class) nowadays doesn’t anymore condemn you to staying there.

And if you are reading this article, then you are lucky because it will only take you a few minutes to understand what everybody else seems to ignore.

Going from rags to riches is possible for anyone who aspires to a better life, and here is how you can do it:

Step #1: Work Hard On Yourself, Not On Your Job (Or Other Stupid Stuff)

Being busy is good, but only if you are busy working on the right things.

Most people are hard-workers, but they work hard on the wrong things.

They work hard on doing the laundry, cleaning the house, cooking their dinner, taking their dog for a walk or brushing their teeth.

Then, they have no time or energy for what’s really important.

On the contrary, they work hard at their jobs, believing this will provide them with a steady source of income for a lifetime.

Unfortunately, you can’t rely on a job if your goal is lifetime freedom and security.

You should do exactly the opposite.

Work hard on yourself and get away from your job as fast as possible.

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Working at a regular job is not secure at all, as opposed to what most people believe.

You have no control. You can be laid off anytime.

  • What are you going to do if your company downsizes?
  • If the restaurant you work never opens again?
  • If your government bankrupts?

These are all terrible possibilities that you don’t want to think about because someone said you should think positively.

Sure, ignore the facts as long as you want, but this doesn’t change anything. Your job will never be secure.

The only thing that’s secure and trustworthy is your ability to produce.

Your skills and knowledge.

When you have solid skills, you can make money wherever you are in the world. And that’s even more true today as the internet makes it incredibly easier.

So, stop wasting your limited energy and scarce time on your job thinking that you will be always covered because you just “work hard”.

That’s a recipe for disaster, uncertainty and economic instability.

The recipe for success is investing in yourself and focusing on developing valuable skills.

Why?

Because if you…

Step #2: Become More Valuable, You Will Make More Money

Stop focusing on the money you are making right now.  Start focusing on the value you provide to the marketplace.

As soon as you provide more value, you will instantly make more money.

That’s where all “from rags to riches” stories begin.

Walt Disney, Sylvester Stallone, Larry Ellison of Oracle, Guy Laliberté of Cirque du Soleil, Ralph Lauren, Paul Mitchel, J.K.Rowling of Harry Potter.

Do I need to add more names to this list?

All of them provided immense value in the world in their own unique way. And all of them are now rich.

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Also, you should really stop thinking about how much money you make per month, day or hour.

It simply doesn’t help you grow. It makes you think that getting paid for your time is what’s right.

And that’s the mistake.

You get paid for sitting in front of a desk 8 hours a day. Or for flipping burgers. Or for cleaning hotel rooms.

But what you don’t realize is this: You are not really getting paid for your time. You are getting paid for your value.

And if you don’t make much money, it’s because you are producing minimal value.

You might think that you hold an important position and that you are doing your job well.

Probably yes.

But, how easily could you be replaced?

The easier you could be replaced, the less valuable you are in the marketplace.

And that’s what determines your hourly wage.

When you say that you make $10 per hour, do you believe that that’s your “hourly wage” or your “value wage”?

99% of people would answer that this is an hourly wage.

I am sorry for ruining your reality, but this is not an hourly wage. It’s a “value wage”.

If you make $10 per hour, you might as well stay at home and tell your boss wire the money to your bank account.

He should pay you $240 per day, as a day has 24 hours and your hourly wage is $10. Right?

Wrong…

You are making $10/hour with the precondition that you are at work.

Essentially, you are not getting paid for your time – you are getting paid for the value of the service you provide while you are at work.

And if your only skill is driving a bus – then you are only going to make $1000 a month and nothing more as that’s the value of the service you provide.

(Have you seen anybody going from rags to riches by becoming a bus driver?)

If your skill is to remove brain tumors, then you are going to make a hell of a lot more money.

Why?

Simply because this skill is more valuable, harder to acquire and less sought after.

It’s not easy to replace a top neurosurgeon, but it’s really easy to replace a bus driver.

Got it?

The more value you provide to the marketplace, the more money you are going to make.

Step #3: Stop Complaining & Bitching Around

Blaming your country, the economy, unions, your boss or luck is a behavior of someone who wants the easy way out of his problems.

The easy way out never brings an extraordinary reward.

As a result, the person seeking the easy solution – which is to complain about everything – will keep facing obstacles at an ongoing basis.

He lives a life full of adversity, instead of a life of pleasure, joy, satisfaction and fulfillment.

But the solution is simple:

Stop pointing out fingers saying that you aren’t where you want to be because of him or her, because that’s what cowards do.

(Smart Rocky…)

Cowards fail to accept responsibility and put the necessary effort needed to change their life.

Cowards seek the easy solution.

When they don’t get what they want, they look for the easy solution again. They fail to realize that they didn’t get what they want because they weren’t eager to do what’s necessary.

  • Sometimes, it’s necessary to blame yourself and accept responsibility for your own misery.
  • Sometimes, it’s necessary to work really hard on yourself until you become a person that’s more valuable.
  • Sometimes, it’s necessary to sacrifice present pleasure for a future reward.

(Of course, that’s hard to do!)

Therefore, most people decide to do what?

They decide to do what’s easy.

  • They don’t want to hurt their egos by realizing that their life is pathetic just because of their own choices.
  • They don’t want to work hard on themselves, because it’s easier to work hard for someone else.
  • They don’t want to stay home at night and build their business, because it’s easier to go out for a drink.

But you are here for a reason.

You are not like that, right?

Otherwise, how come did you end up reading a site that’s written for winners?

You might have been like that in the past, but that ain’t you anymore.

Going from rags to riches requires a winning, take names and kick butt attitude.

The winners of life do a lot of things, but they do not complain.

Step #4: It’s Not The Circumstances, It’s How You React To Them

What happens, simply happens.

That’s what you cannot change or control.

You don’t make your luck.

But you can choose the way you react to your luck.

And that’s what can take anyone from rags to riches.

Ingvar Kamprad didn’t choose to be born on a farm in Sweden, but he chose to create a mail-order business that eventually became IKEA and made him a multi-billionaire.

The circumstances can’t and won’t change. But you can change.

So many people think that the outside has to change and neglect changing the inside.

Let me give you an example to illustrate my point and show you how stupidly most people live their lives.

If you were magically transferred in the center of a highway without lighting at 12.00 am – and only had 10 seconds to get out before the upcoming traffic made you one with the cement, what would you do?

You would run to save your life.

You know that the cars won’t stop. You know that if you stay there, then you are going to get hit by a car and die.

So, you run away and get out of the highway before the cars hit you.

In reality, most people choose to stay there, yelling the word STOP to the upcoming cars and hoping that the cars will see them.

They want the circumstances to change.

They want the upcoming traffic to stop.

But no matter how loud they scream, the cars don’t hear them and the drivers don’t see them.

They are trying to influence a situation they can’t control.

Instead, they could change what’s within their control which is sitting in the center of the highway when they could be running away.

Remember: you can’t change the circumstances, but you can change how you react to them!

Step #5: The Average Wage Is For Average People 

I am not talking about the minimum wage.

I am talking about the average wage.

That’s between the $2000-6000 per month range or $24.000-$72.000 per year.

According to Forbes Magazine, the top CEO’s make 335 times the salary of an average worker.

(Or $12.4 millions a year – that’s really good money!)

But why such a big difference?

There are several reasons, of which the most important was explained above: Value.

Howard Schultz, who is Starbuck’s CEO makes several millions a year because he provides more value than the Starbuck’s employee who serves you coffee.

Everybody can serve coffee, but not everybody can create a successful coffee chain.

The more valuable you become, the more you are going to get paid.

It’s as easy as stealing candies from a baby.

Of course, it’s easier to complain about your job.  And it’s easier to complain about your job while waiting for a raise.

But why wait for a raise, when you an just become more valuable to the marketplace and get paid more?

Change and your bank statement will change.

If you are worth millions, then you are going to get paid millions.

But, if it’s so simple, then why doesn’t everybody do it?

Because not everybody wants it bad enough.

If you want it, then you can have it.

If you want to rise above average, and do what’s necessary to accomplish that – then you are no longer going to get paid by an average wage.

The average wage is for average people.

The moment you decide to go from rags to riches – from average to exceptional – that’s when you will never again get paid by an average wage.

  1. Work hard on yourself instead of someone else.
  2. Become more valuable.
  3. Stop complaining like a little girl.
  4. Change yourself before changing the world.

And who knows?

You might one day be the CEO who makes $12.4 millions a year.

Until Then,

Keep Daring And Conquering,

Your Man,

Damian Pros

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