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While driving down from Los
Angeles towards the border of Mexico, there is an unusual sign on the
side of the road. It depicts a man, a woman, and a child all holding hands
and running across the highway. The sign is there to warn drivers of the
potentiality of people darting across traffic unexpectedly. In past years,
people have been killed crossing the highway in an attempt to enter the
United States illegally.
Why would anyone take that
much risk? I have found that the most financially successful people in
the world are willing to take that much riskand more. Pero no a
lo pendejo. The people crossing the border who are willing to run the
risk of dying from the heat, the cold, oncoming traffic, or bandidos dont
just decide to take such risk because they are bored. They do so because
they have a vision of a better life. They know that they have the potential
for a better life if they can just cross the border. They come here and
are not afraid to take action. They are willing to enter the United States
and work hard for a better life. There is no such thing as falling into
a comfort zone for them. (That is an understatement!)
So in my years of working with
very wealthy Latinos, I have found that all of them have the following
three financial success traits. If they didnt have these traits,
it would have been almost impossible for them to ever be successful in
the long-termno matter how much knowledge they had of investments.
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3 TRAITS
OF WEALTHY LATINOS
1. They
all have a clear vision of what they want. They can literally see their
future. As Steven Covey says, they all begin with the end in mind.
Napolean Hill, author of the classic Think and Grow Rich, said that whatever
the mind can conceive and believe, you can achieve. Knowing what
you want dramatically increases the chances that you will get it. Without
knowing what you want, it is almost impossible to have a burning desire
to go after your dreams. Most people have very fuzzy goals. Zig Ziglar,
the motivational speaker and author says it best, Most people are
wandering generalities. The families crossing the border know what
they want. Talk to them and they can all tell you in detail of their better
life.
2. They
all take calculated risks. All financially successful individuals take
calculated risks. 100% of them. If you dont, you will leave your
money in a bank savings account earning 1%. Cowards dont make money,
but neither do pendejos. Notice that I said calculated risks based on
wise business and investment information. Investment decisions based on
greed or laziness never work out permanently. You need to get as much
information as you can before you dive into any new business or investment
venture. Remember that all decisions are based on some lack of knowledge.
No one knows it all. All decisions are based on incomplete knowledge.
Your job is to get the most information you can. But remember that fortune
favors the brave. Brian Tracy, the motivational speaker, reminds us that,
you need to have the quality of courage. The development of
self-confidence, courage, boldness, and the willingness to move forward
toward your goals, with no guarantee of success, is the essential requirement
for high achievement.
3. They
all take massive action. Have you ever sat around with your buddies drinking
beer and discussing a great business idea that would revolutionize the
business world and would make you millions. At least every friend I know
has come to me with a great business, investment, or sales idea that they
knew would without a doubt allow them to get rid of their Honda and get
into a Porsche, out of the barrio and into a gated community. If I had
a dollar for every friend who had a great idea but was afraid to tell
me because I or somebody else might steal it, I would own half of Cancun.
Once you have decided what you want and are willing to take the risk to
get it, you need to take massive action. You need to remember that thinking
determines what you want and action determines what you get.
These
three essential qualities are found in all financially successful individuals.
Do you have them? The wonderful thing is that they all can be developed.
No one is born with these traits. What you need to do now is decide how
badly you want it.
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OPEN YOUR EYES
MAGAZINE
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© 2004 Tlahtoani Media Group, LLC
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