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Property Crossroads - Real Estate Info

Do you have what it takes to be Rich?

by Maricel Ferrer-Custodio on January 15th, 2007

In line with my goal to kickstart 2007, with optimism and personal empowerment as a tool to real estate success, one of my recommended readings is the article of Josh Hyatt, a Money Magazine senior writer about "What it takes to be rich?" He writes about the 5 Myths to get rich.  Although, he is not entirely refuting these myths, he interpreted it in a different light.  There is more to these myths than just taking its fundamental values.  He also gave insights to the lives of  certain people and how they acquired their wealth. This article is not directly related to real estate…but if you’ve got the money, you’re a step closer to buying yourself the best real estate!

Here is an exerpt of the interesting Myths to Get Rich…

Myth 1: You’ve got to have incredible charisma 

A big personality will certainly help.  But being able to size up — and make use of — the personalities around you is much more important.

Myth 2: You must be able to see into the future

It’s not necessary to be able to develop the next big thing.  Far better to master the details in the here and now.

Myth 3: You must stick to your guns, no matter what

Got a great idea? By all means ignore the naysayers and go for it.  If criticisms are valid, however, you’d better listen.

Myth 4: You need to take big risks

Make the most of your failures, learning valuable lessons.  But if you don’t have deep pockets, risk-management may just be your most valuable tool.

Myth 5: You need a burning desire to get rich

It can’t be just about the money.  Following your passion and loving what you do will ultimately lead to a bigger bottom line.

POSTED IN: Real Life Stories, Road to Profits

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