21st Century Academy

We accept that in order to be wealthy and successful we have to learn how to do things differently. We know that we need new strategies for making money, and also for managing the finances that we do have in a way that makes us the priority. And certainly not least of all, we need to develop the mindset and attitude that is the foundation of wealth and success.

We know all of this is necessary, but looking at that list there is a lot we need to know. There are also many, many resources that can deliver that knowledge. It can be too much of a good thing.

Wading Through Wealth Creation

There have been volumes and volumes written about how to be successful and how to build wealth. So many of those volumes really are excellent resources; others, of course, are just fluff and scams trying to ride on the coattails of an ever-popular subject. But even considering only the best of the best, it can be enough to overwhelm the most dedicated of wealth creators. It’s enough to turn your determination into a case of information overload.

When that happens, you run the risk of repeating old mistakes and failing to achieve your financial goals. You become too wrapped up in the process of learning that you cannot ever move on to the actionable part of it. Or, you become understandably overwhelmed and give up, despite having learned some very useful things about building wealth.

Paradoxical Success

It seems a paradox, but realistically information overload can be as much a factor for failure as seeking no advisement at all. The good news is that this is a situation that is easily combated. It requires focus and attention to your wealth education and your goals. It requires picking and choosing among those resources, and actually ignoring a lot of what’s out there, at least for the time being.

It may seem that reading anything and everything you can regarding wealth and success is the way to go, but this strategy does have its limits. Getting just enough of a good thing is what is necessary, so that you can keep your focus, move toward your goals, and manage and absorb what you learn. Come back for the next post and we’ll talk a little more about how you can manage wealth development resources so that information overload does not become the object of your dream’s demise.

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2009

I hope the New Year has brought you here out of a resolve to either make this your year to achieve financial success, or to continue your already rising accomplishments. I will venture that to be the case given the nature of our blog and discussions here, and so I will be so bold as to congratulate you on that resolve!

Lights, Camera, Action!

Now that we’ve got the formality of the first behind us, we can move on to one of the most important factors in wealth creation—action!

Action comes in many forms. If you’ve been around a while, you’ll remember our discussions on that in the past. If you’re new to our blog, feel free to muck around in the archives to see more discussions on the topic. For now, we’ll keep it short and sweet, and suffice to say that even your being here is an action with the potential to produce wealth and success.

Recognize Effective Action

Before I digress too far, let me get us back on track by laying out the point of my banter. The point is that many people do not see some of the most important aspects of wealth creation as actions. For example, they do not see that reading and research is a form of action towards wealth. Some can see that participation in a wealth education course or seminar is, but many times people even write the importance of these things off and think of wealth-producing actions as being only those things that directly result in cash in hand—something like a stock market investment, for example. The problem is, the average person is not ready for that direct action. First, they have to act upon the foundation blocks of wealth-building; blocks like wealth education, learning, and mindset changes.

Let this be the year you take action, but let it be the year that you take effective action. Don’t repeat the mistakes of the past, focusing your time and energies in the wrong places. This year, have a plan. Plan for action and take it! We’ll be here to help you with the rest as those times come around.

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2009

In a separate comment on another blog of mine [seanrasmussen.com], a comment came in during our conversations related to the Economics of State of Mind to the effect that in booming times people are quick to take credit and say that they made it all on their own; but in times of bust, such as what many economies of the world are experiencing now, it’s always someone else’s fault. So which is it? Are you responsible for your own financial outcome or is your current financial state the fault or credit of another? Because it can’t really be both ways, can it?

What Would Jamie McIntyre Say?

While it is much easier to say that a lack of money is the fault of another, that is not really true. And like it or not, Jamie McIntyre’s wealth education course is based in reality; in real, workable, achievable ways to get rich. So that means that he would have you not only take credit for your financial successes, but also your failures. It’s unfortunate and it’s true, but ultimately, even though there are outside forces that come into play, it is your process of decision, mindset, and action that determines your personal financial outcome.

You Control Your Financial Future

But what about forces outside of your control? How can you be left to blame for those?

We all know that these forces exist, and that you will come up against both great successes and temporary defeat. And it is what you do with that that determines sustainable wealth. If you know these factors exist, you know that you can take steps to counter the negative and leverage the positive. You can diversify, prepare, save, and even put yourself in a position to benefit financially from tough times. There are things that you can do, as you will surely learn.

Without responsibility and action, you will not thrive and become wealthy. Knowing how to be wealthy means knowing how to manage money and investment in good times and in bad. That, and wiping blame off the table as the useless emotion and negativity-generator that it is.

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2008