An overview of Forex & How it Works

Foreign exchange market commonly known as Forex or FX is a global decentralized financial market that deals with trading of international currencies. During this type of trade, it includes all aspects of a market such as buying, selling and even exchanging currencies at determined or current prices. As a trader of Forex, you must know the dynamics of the market in terms of existing volume of trading if you want to get the best value depending on the existing market trends.

Forex market is far the biggest market in the whole world. In most cases, main participants in the Forex market are larger international banks. With many financial centers around the world that function as trading anchors in between a wide range of buyers and sellers, it can become one of the businesses that you can get into to gain risk-free profits commonly known as arbitrage profits. During the trade, foreign exchange market often does not determine relative values of the different currencies; however, it sets the value of current market price of a currency as demanded in the market against another.

In most cases, foreign exchange market often works through the financial institutions, which operates on certain levels depending on what is traded in the market. Before one can trade Forex, it is important they have a clear idea on how it operates especially planning to get them in the market. Behind the scenes, most banks turn to smaller financial firms called “dealers,” who actively get involved in trading of large quantities of the foreign exchange. Most of the foreign exchange dealers in the market today are banks, so in other cases they might be called “interbank market” behind-the-scenes.

In today’s market, the trade between the foreign exchange dealers has always been very large, which involves billions of dollars. This means investors have been getting huge amounts of profits in terms of the changes of prices when operating in the market. The Forex market also assists the international trade investments through enabling faster currency conversion.

For instance, it permits a trader who does business in the US to import goods right from European Union or any other member states, especially in the Eurozone by paying in Euros, despite the US using dollars. In addition, it supports direct speculation as well as evaluation that is relative to the value of the currencies, carry trade, and speculation that is based on the differential of interest rates in between two currencies for those businesspersons who need to trade.

In a usual foreign exchange transaction, a given party purchases quantity of a currency through paying with another quantity of a different currency. This makes the trade process simple without bringing in barriers because of the differences in the types of currency that exists in the market.

This feature makes a Forex market one of the highly rated in term facilitation of trade across many countries that use different currencies when trading.

Any Forex market has unique characteristics that people should know before trading. Some of the features are:

  • Forex market often represent a huge trading volume of the largest asset class across the world leading to a high level of liquidity
  • Many factors affect the rates such as exchange rates
  • When trading, you are likely to get low margins of a relative profit when compared with many other fixed income traded in the market
  • It is a geographical dispersion
  • The process of trading is a continuous operation as it takes place in 24 hours daily except during weekends.
  • During Forex trading the use of leverage often helps in enhancing profit and loss margins

A spot transaction rate is a 2-day delivery transaction process except in case of currency trades between the Canadian dollar, US dollar, Turkish lira, Russian ruble and euro that settle the next day of business when compared to opposed to futures contracts that are often after three months. You should understand the term before trading especially when you need to get the best Forex market rate.

In conclusion, when you want to trade Forex, you can always use CMC Markets since they have experience in the market. They will always help you understand how the Forex market works thus enabling you make huge profits during your trading in the international market.

What are the economic benefits of investing in Infrastructure?

The modern economy cannot disassociate itself from infrastructure projects for improvingelectricity, airports, water system, communication or any other such essential facilities. The economy grows with such projects is a well established fact which everyone needs to aware. In general, infrastructure development leads to quality life in the society. Investing on infrastructure development based project by project will support a lotin the nation’s economical growth.

Infrastructure, as a concept

The term Infrastructure can be grouped under three major sectors.

  • Utilities: It covers the common man’s essentials like electricity, gas connections, communication facility, water and other similar things.
  • Transport: In this sector, it covers airports, road ways, sea ports and rail transportation which play a vital role in developing a city or state in economicwise.
  • Social:Meanwhile, the third sector social infrastructure deals with the interiors development of the society by covering Education facilities, Hospitals and other community facilities in the town. It helps to improve the living standards of individuals of respective towns or states.

What’s common inall thosegroupings is the fact that infrastructure encompasses all those aspects which has a use in society and that which helps in growth of industry are therefore productivity. That infrastructure includes both good and services in its ambit.  It also is clear that there is some infrastructure which though meant for social use directly, has a side aspect of being revenue earners also. Like the hospitals. There are the other groups of infrastructure which have a direct effect on revenue or economics, like the toll plazas on roads.

Effect of infrastructure on economic output

Now it is confirmed that there is infrastructure has a vital impact on economical growth. The GDP of a country is one aspect that gives us a direct feel of infrastructurespending on the economic growth. The indirect effect of infrastructure can be noted in the manner of speedier transportation of goods along with the productivity factor which are improves with the infrastructure development. The other factor would be the revenue earning which would add up to the coffers with the movement of goods and services.

Some examples which shows the impact created on economic due to infrastructure developments

An example of a power plant and how it helps in economic growth can be noted here. The power plant erected at any site might leads to theinfrastructure development. The investment that has been used for this purpose yields returns when there is an industrial growth occurring around the site of the power plant. Industry that requires power would naturally set up around this infrastructure and that means employment and revenue generation for the area. The workers at the new set up would also require goods and services that lead to further economic growth.

Another example would be a new road being laid across some remote location. This would lead to people being able to move faster and easier to locations where goods and services are available. With access to these facilities the demand raises which means production has to also increase. The two sides of the scale have to keep at par which provides sustenance for economic broth. It goes without saying that with investment in infrastructure, alleviation of poverty does occur which is another sign of economic growth.


How To Become An Entrepreneur and Create a Life You Love, What’s Stopping You

Becoming an online entrepreneur and starting your own business can hold huge rewards, giving you a lifestyle that provides flexibility and freedom. However, many choose to avoid becoming an internet entrepreneur and taking that chance to start-up their own little personal digital marketing company.

You may have heard someone talk about wanting to go into business for themselves because they are tired of their boss or because they want more freedom and flexibility but sooner rather than later, their talk of business start-ups and working for themselves suddenly disappears. You may yourself also have been guilty of this at some point, with the desire to do it but not actually following through.

Well, don’t worry because we are going to look at the real reasons why so many people never go on to become online entrepreneurs and not doing them or doing the complete opposite will sure to help you create the business you have always wanted. Furthermore, it is widely known that within the business world, that to obtain success as an entrepreneur it involves hard work but also the right state of MIND. Yes it can be argued that some entrepreneurs reach success thanks to some good luck or even business instinct, it is the state of mind that truly dictates whether an entrepreneur will be a success or a failure.

There is a general consensus that, in order to succeed as an entrepreneur a professional must develop the right mindset. Whilst some entrepreneurs are graced with natural flair, a reliable gut feeling or sometimes even a spot of good luck, the majority of business experts agree that success is the by-product of a balanced and focused mindset.

“Whether you think you can, or you think you can’t – you’re right”. – Henry Ford

At the end of the day, the problem is that people are who the believe they are, great if your someone who believes they can achieve fantastic things but not so good when a person maintains the opposite and this is where the excuses start to manifest.

The truth is that most aspiring entrepreneurs need to change their way of thinking and dispel the negative worries and thoughts that plague their minds and shackle their potential:

I Need Some Small Business Funding To Start-Up My Online Business

Believe it or not, it has never been easier to receive funds for a business start-up.

We live in a time where it is possible for anybody to raise capital, sites like Kickstarter make this a reality.

Not Now, It’s Not the Right Moment

When is the best time to start, today, tomorrow, next year? The truth is, you will never know until you make that first move and start. Devotion and commitment are the key to success here, and this will only develop depending on how much you want it. Your level of desire and ambition to make this work will ultimately play apart in how successful you become.

What Happens If I Flop and Don’t Succeed?

You don’t need an online business management degree to know that starting business involves some liability and if failure is experienced everything around you is not going to end, however, it is important not to be reckless with the decisions and with the investments you make. Diligence and research are very important and something that all online entrepreneurs should regularly practice before making any investments or effective business decisions. An individual that puts all their eggs into one basket without doing their research first, will experience failure with extreme severity and will only have themselves to blame. Nevertheless, compare this to top entrepreneurs that develop rational thinking and do their ground work, find that liabilities are less of a worry.

Success in business entrepreneurship, all comes down to the state of mind of an individual and whether they have the self-belief of achieving greatness through innovation and entrepreneurship. Do you have what it takes to become an online entrepreneur?

Become a Successful Entrepreneur

Yes, you too can become a successful entrepreneur. It may not seem easy, and it isn’t, but it is possible. The fact that you came here shows that you are curious about it. Curiosity is the first step towards setting a goal.

Making an entrepreneurial success your goal

Before you set such a goal, do as much research as possible on the topic. Read both online websites as well as books to know what you’re getting into. This website is a guideline, but does not guarantee success. How your entrepreneurial journey goes is up to you and the opportunities around you.

Having smaller goals to lead to the big goal

Everyone has to start somewhere. If you don’t have a lot of money you will have to start small. Think about what you enjoy doing the most. Get hired in a domain that is related to your interests. This can give you experience and money so that you can later invest in something that can be profitable in the long term, such as establishing your own company or buying one.

If you do happen to have some money, but not enough to buy an entire company, you can invest in tools and other useful things that will help you open a small business. This way you can determine which way you want the business to go. But don’t think that being the boss means that you don’t have to meet anyone’s expectations. Your clients gain the role of multiple smaller bosses who will give you feedback.

Once you own a successful business, buy other companies that can be a good long-term investment. Avoid investing in businesses that you don’t understand or in those with a lot of competition. Instead, focus on businesses that are stable, comprehensive and are either unique or face very little competition.

Reaching financial independence

Wise entrepreneurs aim for this goal. It is great to no longer have to borrow money. It allows for more freedom and a better life in general. If your business manages to stay afloat and you have sufficient money to cover all your expenses and still have some money left over, then you have reached the goal and are a successful entrepreneur.

Some entrepreneurs make the mistake of trying to surpass others in how much money they can gather.
A successful entrepreneur never sets that goal, because it is not a realistic one. If it doesn’t happen naturally, it should never be forced to happen, because it will likely cause the entrepreneur’s previously successful business to collapse.

In conclusion :

Do your research and learn what entrepreneurship is about. Choose the way you wish to start your business and learn about it as well. Aim for financial independence, not for surpassing others in funds. Spend wisely.


Do You Have What It Takes To Be An Entrepreneur?

Throughout most of human history, however many thousands of years that is, there have been incremental changes that have made life better for all. But in the late 1770’s that changed in a little place in North America that no one ever heard of. And when they did, it wasn’t as if countries were sending the cream of the crop. When America achieved independence from Great Britain, few thought it would survive. They were almost right. 70 years in it almost imploded. But it didn’t. Shortly after that, things changed. Between the 1880’s through 1970, we went from the horse and buggy and candle-lights, to the automobile, electricity, skyscrapers, the telephone, TV, airplanes, to sending a man to the moon.

So how did this happen over 90 year period when nothing of real significance happened over the previous 10,000 years? That tiny little place in North America that no one wanted to go allowed for this one simple concept that made it all happen: Taking an idea and putting it into production.

So what does this actually mean? First you obviously need an idea. Once you have that, you need to know what the end result will look like, before you begin. This is key. This is what an entrepreneur is: someone who comes up with ideas and can see the end result.

It doesn’t necessarily have to be a new idea. It can be an improvement of an existing idea. Look at flat screen TV’s. Remember those big wooden boxes that took three or four guys to move? Now TV’s are only a few inches thick.

How is a job created?

This is a question I wish someone would ask any politician running for office. After all, the economy is always at the top of everyone’s list. They all say they can create more jobs than the next guy. But they never say how. I’ll bet most can’t answer it.

Let’s use one of my all-time favorites Henry Ford as an example. His idea was to make the automobile affordable to every American. The idea is the automobile: the vision is a lot full of cars for every American to choose from. So how did he do this?

· First he needed a place to build the cars

· Then he needed the steel to make the cars

· Then he need an engine to make the car run

· Then he needed fuel to make the engine work

· Then he needed parts to make the car complete; things like tires, seats, and windows

· Then he needed workers to put the car together

· Then he needed accountants to keep the records

· Then he needed finance people to project the cost of future expansion

· Then he needed legal people to make sure he was following the law

· Then he needed someone to sell the cars

· Then he needed someone to fix the cars when they broke down and maintain them so they didn’t

All of these activities, between the idea and the vision, are jobs. Most of us will fall into the in-between categories, so we need to make sure we have the necessary skills. But at one point in our lives, we may ask ourselves, no matter how much we like our “job” if this is what we want to do with the rest of our lives. We all have ideas. But make no mistake about it: the idea and vision comes first, not the workers. Anyone who says otherwise is either dishonest or has no clue how a job is created. Most of us think we are incapable of achieving great things, so we settle for mediocrity and don’t even try.

What Kind of person doesn’t settle for mediocrity and takes on the challenge of putting ideas into production?

· Passionate: What excites you? These people can’t wait to get out of bed in the morning and start working on their idea.

· Embrace change: They see change as a good thing. They always ask “Why not?”, challenge the status quo, and don’t see change for the sake of change. Jessica Alba, the actress, isn’t someone you would think of as an entrepreneur. She is not a Harvard MBA. After she had a baby, she discovered how expensive baby products were and the harm they did to the environment. So she teamed with some smart people and created a company that makes baby products out of organic materials that is worth a billion dollars today. Nothing groundbreaking. She just challenged the conventional way of making baby products and came up with a better alternative.

· Benefits vs Features: They focus on what a product can do for you, not toot their own horns because they created something so awesome. Take the smart phone. It has a camera in it, which is a feature. The entrepreneur will say “wouldn’t you like to be able to send vacation pictures to your friends and family instantaneously?” That is a benefit.

· Think positively: They never use the word “can’t, which is the 2nd worst word in our vocabulary. Scratch it from yours. (Hate is the first in case you are wondering).

· Trust and delegate: They know what they are good at and what they are not. They have no problem hiring people to do the stuff they aren’t good at or the ones they are if their time would be better served elsewhere.

· Always learning and investing in themselves: They believe they aren’t know-it-alls, even if they are experts. They see the learning experience as a way to build their brand. Warrant Buffett is one of the most recognizable brands in the world. But even he thinks he can improve his leadership skills. This from a man who leads a multi-billion dollar company, someone who when he says something, the markets hinge on every word.

· Not workaholics: This will surprise some people. Yes, there are times where they’ll put in 60-80 hour weeks, especially in the beginning. But they make sure they live a balanced life: work, family, mind, spirit, and exercise.

· Give back: It’s almost like every day is Thanksgiving, minus the food. They love to spread their good fortune, contrary to some belief that they are greed-heads. The USA gives $300 billion a year to charity. A common way of giving back is through mentoring programs.

· Negotiate: They think in terms of win/win for all parties vs zero-sum game, where there is one winner and one loser.

· Resourcefulness: They make most of what they have. There is no whining or woe is me attitude, or it’s everyone else’s fault but mine.

· Perseverance: This is one of the most important ones. They don’t give up, especially after getting a bunch of “no’s”. They aren’t afraid to step out of comfort zone. Walt Disney was fired from his first job because he wasn’t creative enough. Tomas Edison failed over a thousand times when creating the light bulb. Steve Jobs was fired twice from Apple. Imagine if those three would have given up after the first try?

Evaluating a New Business Idea Before Writing a Business Plan

Many budding entrepreneurs cultivate ideas for a business and as they share their idea with friends and family, their enthusiasm grows. When they eventually realize they need help, their passion for conquering the world in their chosen domain is intense. Ready to charge and knock down anything in their way, their minds are not open to suggestions that appear to slow them down. This is often true even if the suggested action is precisely what is required for them to succeed.

One of the fastest ways to quell this enthusiasm is to advise the entrepreneur to develop a business plan. Most new entrepreneurs don’t know how to write a good business plan and the prospect of spending weeks to compile a thirty five to fifty page tome is more than daunting. Unfortunately, many willing consultants and other parties are eager to jump in and develop the plan, often for a substantial sum of money. It is unfortunate because this expensive step is out of sequence.

Before developing a detailed for any business idea, the entrepreneur needs a process that helps him or her to assess the business model and market opportunity. A useful process will guide the entrepreneur through the core elements of the business model and provide an opportunity to adjust the assumptions before proceeding, or to conclude the idea is simply not worth pursuing. In just a few days, the entrepreneur will have a much clearer sense of the business model and potential. Empowered with this knowledge they are better able to communicate the business idea to potential investors, collaborators and partners.

Every business idea begins and ends with a specific target customer in mind. The flow of a good idea assessment process should begin with that customer and proceed from there. In summary, it might flow along the following lines: First, define the customer’s problem and the proposed, and then define the market opportunity and distribution channels to reach them. Identify competitors and partners that already participate in the market, along with their relative strengths and weaknesses. Next, clarify pricing and revenue streams and the costs involved with developing and launching the product. Finally define the metrics or milestones needed to develop and launch the business.

The information provided in each step can be written as short bullet points, with no more than 7 or 8 in each. This helps to keep you focused on only the essential information to assess the idea. The final ‘plan’ should not occupy more than pages. As you develop the business and seek investment funding later on, you will have a good foundation for developing the detailed business plan you might ultimately need. Many advisers and tools are available to assist you through this process. One of my favorites is an online interactive tool that guides you through the entire process. It also allows other team members and collaborators to review and contribute to the work as their time permits. When you’re done, you have a simple one page business model summary that is an excellent communication tool.

Change The Course Of Your Business In The Next 30 Days

Being an entrepreneur, it is essential you combat rejection and obstacles in the pursuit of your worthy goals. When you are committed to being in the game, persistence is a habit that you must develop.

Only when you chase persistence will you become a leader in your industry. You can’t inherit it, nobody can develop it for you, but it is a common thread among all successful leaders.

How do you develop persistence? You have to want something so bad that the pain of not achieving it is greater than anything you have to do in order to get it. It is a passion in your belly.

I define desire as the language of spirit. Take your desire and turn it into a worthy ideal you fall in love with. Prepare to pursue this every waking hour.

As you embark on this journey, there are many times you will be outside your comfort zone. You will be inspired and scared at the same time. Difficulties, challenges and obstacles will appear. Even if you aren’t seeing the results you want right now, because of your persistence of staying the course, you will win.

Make a decision that you will not give up. Continue to do your morning ritual. Write your goal down and develop a movie script around it, with all the color and details allowing you to see the manifestation of that goal in your mind.

As you practice this every day, you are telling your sub-conscious to go out and attract to you the people and circumstances you need to attain your goal.

Surround yourself with a mastermind group. Find others to support you and your journey. As you consider your goal, ask yourself how committed are you to achieving it? You also need to ask yourself just what being committed means to you.

If you are committed to 20 hours per week in your business, determine what that looks like on a daily basis. If you are going to work 5 evenings a week from 6-10 pm, allocate that time on your calendar just like you would any job.

Even if you only have 1 hour a day to commit to your business, it is better to work that 1 hour every day than not do anything for 5 days and try to cram it all in on one day. You must develop habits and consistency.

You will face obstacles, but if you continue to pick yourself up after defeat, failure and rejection and keep pressing on, you will arrive. The world will cry “Bravo – we knew you could do it all along”.

Remember that nobody enjoys achievement without first passing the persistence test. That is the power of those who fight on in the face of discouragement. By refusing to quit, you will have discovered the secrets of success that will forever change your business.

Should I Start An Online Business

Should I Start An Online BusinessWhy is it that you’re always hearing stories about people from all walks of life, professions and ages who have achieved online business success? Hardly a day goes by when you don’t see some article, post or advertisement on the internet about somebody who went from a complete online newbie to earning a new income on the internet. So, if you’re wondering if you should start an online business, here are a few questions you need to ask yourself first.

Do You Want A Side Business With Little Start Up Cost?

One of the key advantages of starting an online business is the low set up cost. You may want to have it as a side business to supplement your income. An online business has no real estate, inventory or employees expenses. All you need is a computer and access to the internet.

Do You Want To Reach A Large Customer Base?

There are over 3 billion people who have access to the internet so just about the entire planet can provide potential sales. A traditional ‘bricks and mortar’ business can only grow as large as its surrounding areas. If that business is focused to selling a micro niche product it may not survive. But, a web-based business selling the same thing can sustain itself very easily.

You Don’t Want To Produce Your Own Products

Provided that you know what market you want to sell into, it’s very likely that other people have already developed products and services for that market. You can sell those products with an online affiliate marketer. This means that you can sell a product on behalf of a product owner and they will pay you a commission for every sale you make. This is how many internet entrepreneurs get started.

Do You Want Flexibility?

A online business can be run just about anywhere, provided that you have a computer and access to the internet. You can work on it full time or in your spare time. The internet is always working so revenue can keep coming in at any time of the day or night, even when the you’re asleep or on holiday.

Do You Want To Be At The Start of Something Big?

The internet is still really in its infancy. There are many places around the world that have yet to set up a large online presence for their population. There are going to be many more years of growth for the savvy online business owner.

Entrepreneurship or Workforce? You Choose

“What is the difference between a living thing and a dead thing? In the medical world a clinical definition of death is a body that doesn’t change. If you don’t change, you die. It’s that simple. It’s that scary.” Leonard Sweet

I can only imagine what it would be like to be stuck as an entity that cannot progress in my desired activity of choice. How delusional and miserable it would be to try so hard just to remain in the same position year after year. Truthfully many persons struggle with the realization that their life has become nothing more than a revolving door with no way out. This is not the way life is supposed to be. Now I ask again, Entrepreneurship or workforce?, YOU CHOOSE! I want to take a split second to identify two keywords before we get started. The first word is Entrepreneurship which can mean a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. Second I will define the word job. A “Job” is a PIECE of work, especially a specific task done as part of the routine of one’s occupation or for an agreed price. A job may be defined as anything a person is expected or obliged to do. Simply put nothing more than a duty; A responsibility.

In April 2005 unbeknownst to me, I began a decade long journey gaining knowledge towards my quest to freedom. Despite how cheated, and hurt I felt once enough pieces of the puzzle were in place to begin my work as an entrepreneur, I had to always remember not everyone will clearly discover complete FREEDOM. For over 10 years I worked job after job, just to get by. Quickly I found out that unless you are passionate about a “job” you are stuck! Completely Stagnant! I can remember attempting to juggle a full-time job, and assume the responsibility of a full-time student. This was all done for the pursuit of happiness, and still no happy movie ending. I was moving nowhere, and going there fast. One thing is for certain, By beginning this journey I at least avoided the possibility of becoming one of the persons who never discovers FREEDOM. I gave myself a chance to become a self-leader.

The time I spent working jobs allowed me to understand that I will never be allowed to progress to the level I deserve as long as all my efforts only build value for someone Else’s administration. I learned that a ” Job” is valuable only if a person is satisfied with their return off investment of time. As an entrepreneur, One is required to be a leader in order to be successful. As an entrepreneur, developing my skills allows me to create value. A job forces value to be produced at my expense. Being an Entrepreneur allows one to invest in their own value, as well as integrate strong professional practices to elevate their business as well.

“Iron rusts from disuse; water loses its purity from stagnation… Even so does inaction sap vigor of the mind.” Leonardo Da Vinci

We believe in understanding the psychology of physical growth and development by being able to connect clients to achievable fitness as well as entrepreneurship goals in a reasonable amount of time.

Starting A Business The 4 Things That Can Trip You Up

1. Going Too Fast. This is a problem that I experienced during the process of learning how to develop a good business system. Instead of hiring a professional coach or mentor (for financial reasons at the time was my reasoning) I made some very costly mistakes (which could have paid for my coach 10x’s over). Going to fast and putting the cart before the horse, is something that I did. I was “Johnny on the spot” and I just went with it; meanwhile overlooking some vital and very critical technicalities on how to build a successful business. I never would have built the business the way I did if I knew my purpose, I built myself a “JOB”. A business system is not the same as a self-employed business owner, which is what I was. These systems are totally different and require much more than one may think, at least I didn’t understand it was so complex. I was a poor man going to the bank demanding my millions of dollars when I didn’t even have a bank account, I mean come on!

2. Still Wearing A Mask. If you have no idea who you really are (The Greatest Obstacle) but you know your idea can make you a lot of money fast; I must warn you, this is a sure recipe for failure if you jump in head first without education. In order to be really successful and totally fulfilled we must know the answer to this question; Who am I? It is through the discovery of your identity, abilities, and unlocking your potential that makes a system easy to implement. You will have discovered who you are by unlocking your destiny and you will know what makes you smile and what doesn’t. Cash in the bank doesn’t mean anything if you can’t keep it in there and make it work for you. When we fail to understand our identity we don’t understand our purpose and without than we don’t have the right plan.

3. Poor Mindset. This is the number one cause of failure even if the system is bullet proof. You can have a lot of money and still be poor. If you are stuck as a slave to money and you fail to understand how to have money work for you, then you are poor and a slave to working for money. Our belief and knowledge about finances will make this determination for us without us even knowing it. I was poor for a long time until I realized the true definition of what it means to be wealthy. The paper money sitting in a bank does not make you wealthy it is your internal bank balance that separates the rich from the poor. At the end of the day it’s not a race to see who can make money by working hard for it but who can learn to use it as a tool and have it work for them.

4. Not Knowing The Rules To The Game. I must tell you that life is a game and we must know how to play it. If we don’t know how to play then we will be stuck riding a systems bicycle propelled by our own self effort. No one would choose to ride a bike 3,000 miles if you can catch a plane and be there in five hours. It is the not knowing the rules because of the lack of education, that makes us slaves to systems. We remain in these systems of slavery until we decide that we have had enough, and are totally fed up and are ready to claim our freedom. There is no question, we must learn how to play the game that the top 1% play. It will be through understanding the game that the 99% can start to rise above poor mindsets and become truly wealthy.