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1. Mindset

You can have the greatest money making tools at your disposal but without the correct mindset the monies you do make will fall through your fingers. If you feel poor, inadequate and constantly wanting what the Jones want, your mind will stubbornly hold on to your meagre possessions and beliefs. Then when opportunity knocks you will shun it away as you believe you are not worthly. If you start feeling like you are already wealthy, you are empowered in life so when a decisive moment comes you capitalize. Riches will manifest into your life.

2. Vision

Hold up your dream in your conscious thoughts and vividly imagine every detail of it. Smell the leather seats of your new Lamborghini, walk through the well-equipped school you just built in a third world country. Make this belief so real that it is inevitable you will one day achieve it. Push fear, doubt and negativity away out of your mind and have faith in your vision. The law of attraction will subtley start making what is in your head happen in the real world.

Essentially, your vision is a set goal, an outcome or result that you desire. For help with finding your vision, your desire in life see the post Aligning Your Life with Wealth.

3. Strategy

To achieve your vision we need a strategy which is simply a long term plan for action. When investing your strategy is a set of rules that govern behaviours or procedures whilst fulfilling your investment goals. For instance is your 'buy and hold' for the long term or is it buy low and sell high utilizing market timing.

4. Tactics

Tactics carry out a strategy and are a short-term plan for action. Get out of your day trade when you hit 20% return on investment. It is procedure you follow to the letter and has defined details.

Set Your Vision, Strategies, and Tactics

Have a think about where your money is being invested. Question and answer yourself and make sure you write them down for weekly revision.

  1. Do I have tactics that have no strategy behind them?
  2. What is my vision?
  3. What strategies are working towards my vision?
  4. What tactics do I have that carry out my strategy?
  5. Is my vision aligned to what I currently want in life?
  6. Do my tactics and strategies working towards my vision?

Build up your mental strength and capacity. Align yourself with what you truly want in life - your vision. Carry out tactics which achieve a strategy which fulfil a vision. We all want to live a fulfilled and happy life. Be true to yourself and relentlessly achieve with action. Success is inevitable.


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There are plenty of ways to get ahead. The first is so basic I’m almost embarrassed to say it: spend less than you earn.
Paul Clitheroe
 

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