Leo J asked:


The Great British Empire used to rule the world and then became the richest nation in the world. But of course time moves on and we would expect change and wealth to be spread throughout other nations. But one of the major blunders of last century has got be the creation of famous motoring marques and the inability to keep these famous car manufacturing brands afloat.

Can you imaging Ford, Chrysler, GM motors in the USA ever stop making cars? Could you imaging the Japanese such as Honda, Nissan, and Mazda ever stop making cars? Then when you come back to Europe, could you imagine Italy allowing Fiat or Ferrari to close down and stop making cars? Of course you could’t and the fact is, it just would’t happen and this would be the case in several other nations around the world.

Several manufacturers in the States have at time been in financial trouble, have got through those time because it was essential to survive. Fiat in recent times, have been in trouble because of unreliable cars, but they are still here.

However in the UK we don’t seem to see the value in maintaining our motoring heritage, if it can’t be profitable, then it must die, it does not matter about the marque or how the world sees the UK. Ironically from a nation that has so much history within such a small island, you would also think that it would mean much more.

Here are some examples

Austin 1905 to 1986
Hilman 1907 to 1976
Lagonda 1906 to 1990
Alvis 1920 to 1967
MG 1923 to 2005
Morris 1913 to 1984
Riley 1906 to 1969
Triumph 1923 to 1984
Sunbeam 1899 to 1976

There are some names still around, Lotus owned by GM motors, Mini owned by BMW, Land Rover owned by BMW, Jaguar owned by Ford and of course James Bond’s favorite car the Aston Martin, which has just been bought by a consortium back from Ford. Lets hope it remains in the UK!

The MG may also find its way back on to the UK roads but owned by a Chinese company, Nanjing Automobile, which is quite a horrifying thought as these cars will probably be made in China, but from a positive point of view, I doubt Nanjing will ever go bust. The Chinese just won’t let it.

Ironically in Sunderland in the North East of England there is a Nissan factory that produces some of Nissan’s smaller cars. This factory regularly beats other Nissan factories around the world in quantity and quality, so the issue in the UK is not about the workforce, within the right environment we can match anyone.

The issue is around management, controlling costs and the support from the government, that all large businesses need a hand from time to time. A lot of British Marques disappeared in the seventies when many of the brand names came together as British Leyland. This was probably the biggest mistake in British car manufacturing, as cars were badly made, suffered from strikes for bad working conditions and benefits and there was just no pride in the brand.

Yet in the 21st century we can make foreign brands with a pride and a high standard for other brands. Lets hope we hold on to the names that have survived, even if they are owned by foreign manufacturers, at least there is a chance, just like Aston Martin they may eventually return to British ownership.

Griswald

Some people are naturally hesitant when it comes to taking action. The time is never right or they want to know more first before taking the plunge. These people fall into the “paralysis by analysis” camp. Their mantra needs to become the Nike “Just do it!”

Conversely there are people that never lack the energy and confidence to jump right in. Unfortunately they jump in before they’ve taking any time to think about what they’re doing. They live in a world of hope…hope that somehow things will just work out. Unfortunately, their lack of planning and research manifests itself as continual failure. I term this group as “Coyotes” like the Coyote from the Road Runner.

Both these extreme personality types (and everyone in between) need to take action, but action in a controlled logical and planned way. But how?

If you’re committed to taking the wealth journey need to start with small S.M.A.R.T. steps and build your way up to bigger and bigger steps. This is often referred to as crawling, walking then running. Each one naturally follows once the preceding step has been mastered.

S.M.A.R.T. stands for:

* Specific – goals that are simple, concise and unambiguous.

* Measurable – goals that are assessable by either success or failure or by some sort of scale, say 1 to 10.

* Achievable – goals that are “attainable” goals, given your current situation and goal timeframe.

* Relevant – goals that will help you achieve your mission or vision

* Time-bound – goals that have a target date that’s also realistic.

Taking small “crawling” S.M.A.R.T. steps will help build your confidence and allow you to change your nature to one that is used to winning. This is crucial. Jumping out of the starting blocks like a Coyote with over ambitious goals and no plan is a recipe for disaster. It’ll lead to disappointment, frustration, financial failure and most importantly, wasted time.

Alternatively, the “paralysis analysis” group will feel more at ease taking smaller action steps and their fears will be less inclined to act as an insurmountable barrier. Starting off easy will allow you to get some “quick wins.” It’s important to constantly challenge yourself but not overdo it to the extent that you fail or become overwhelmed and unmotivated.

So whether you are a Coyote or a paralysis analysis type person the small “crawling” S.M.A.R.T. steps is the best way to start your wealth journey. This is low risk, high effective way to help build your confidence and asset base. It also gives you some time to gain practical, real- life experience. You can only learn so much from books, tapes, seminars, etc. Your next level of learning is in the real world.

Once you get a few quick wins under your belt you can increase the difficulty of your S.M.A.R.T. steps. This is because the “Achievable” part of your S.M.A.R.T. steps has grown and you are moving from crawling to walking. It is a natural progressive transition that will constantly challenge you and move your wealth journey to a faster plain.

Wealth begins with one answer:

“Are you going to take action today?”

Answer “yes” or “no,” and then commit to your answer. Don’t procrastinate and put off your future. The question isn’t as important as your commitment to the answer. If you answered “yes,” then it forces you to take action.

If you answered “yes,” the question becomes “What action are you going to take to validate this?” Well, that’s easy! It’s in your wealth plan. It’s your wealth plan tasks. If you haven’t written your wealth plan, that can be your action.



By: Emlyn Scott

About the Author:

Percival

Wealth creation is probably a new term for most people. It is hard enough to create something useful for ourselves. Yet, do people really think that creating wealth is possible? As we can see, in today’s educational system it is rare for universities to teach wealth creation even in business schools. Thus, it might as well be an abstract idea as world peace.

However, inspirational giants and self-made millionaires like Robert Kiyosaki, Tony Robbins and Jamie McIntyre are people who have perfected wealth creation skills. As the term implies, skill is an action to produce tangible results. One cannot say that he has the skill to do something if he cannot demonstrate it. Thus, developing wealth creation skills is not only a tangible part of reality, but also something that people can develop and enhance. Following a path towards developing wealth creation skills will definitely help you achieve financial freedom.

Do not Sell Yourself Short

The first step in developing your wealth creation skills is acknowledging your value. Having the self-confidence to move forward with your strengths will allow you to be valuable to other people. When this happens, do not undervalue yourself. When you undervalue yourself you project an image where people can manipulate you. Feeling that you do not get equal value for your work is the biggest individual letdown. In order to develop your wealth creation skills, you must design your launch pad to success by feeling good with your work.

By pushing yourself to live up to your perceived value, you also give yourself the incentive to become a better person and raise your value even higher. Then you can become a critical creator of your wealth.

Millionaires are not cheap

Most successful people will tell you that success comes with a price. Sometimes the price tag for success is something that we can afford. However, we still don’t have the will to spend it anyway. Self-made millionaire’s spends on things that they can’t afford because they know that they can be better off with it. Remember that the world millionaire and cheap will not come together. If you want to be a millionaire someday, start getting rid of the word cheap.

Remember that every benefit always comes with a cost. Go for things that you feel will benefit you the most and be daring enough to supply the necessary effort for it.

Finding your craft – then get paid for it

People find confidence if they do what they really love doing. However, people tend to leave the things that they love in order to work hard for money. When this happens, one finds it harder to become confident. They end up forgetting their dreams while they fall into pitch black.

To find enthusiasm, people should start asking a different question instead. Why can’t I do the things that I love to do and get paid for it? Developing sound wealth creation skills involves putting passion in your work. Invest in yourself first and you will see the dividends pay off.

There is Wealth

Finally developing wealth creation skills is acknowledging that wealth abounds. Traditional education has been talking about a world of scarcity. As defined, economics exists because we need to find ways to distribute scarce resources. How about the other way around? Jamie McIntyre said that if we divide the world’s wealth to all the six billion people in the planet, we would get $3,000,000 each. It is our job to get our equal share of world wealth.

True wealth creation knows that the world is abundant. This way, we can develop ourselves to look at different trials and come up with different opportunities. Knowing that there is wealth will put your wealth creation skills to good use.



By: Steven Miller

About the Author:

James

BrianthePigEatingInfidel asked:


Because it isn’t about human rights at all. There is no human right to help yourself to the wealth of your neighbor. This nation is wealthy because the citizens of this nation have built a system that is conducive to the creation of wealth.

The illegals, and the citizens of Mexico who actully do have the national pride to remain in their country, have every right, however, to change their system to make it more friendly toward wealth creation. That means the rule of law, an independent judiciary, an end to corruption, respect for individual rights, a strong system of property rights, and express limits on government power. Until they realize that, and implement those elements of good government, they will remain poor. They have so right, however, to take from others what they are not willing to make for themselves.
Justme: That’s what revolutions are for. It worked wonders for us.
Bridget: Being human doesn’t resolve root causes. Sure, it’s great to put water in the desert, squirrel illegals away in strip-mall churches, and hand out free food, but does that ever address the root cause? No, that only prolongs it and makes it more entrenched. Alleviating the effects of the problems in Mexico only does a greater disservice to those still there. Humanitarianism is great, but blindly committed, it can be more harmful than good. Just look at the negative effect that indiscriminate “aid” has had on the development of Africa.

Gerard

Armerys asked:


Because of the world price of oil – an essential cog in the global wealth creation machine – Chavez has received a $35 billion windfall profit in the last year, which added to the $15 billion from a year earlier he has used to destabilize Bolivia and other country targets on his list. As long as the price of oil is very high, he will apply 18th century savage capitalism under the rubric of 21st century state socialism. Karl Marx accurately criticized the failure of capitalism for creating private monopolies and magnates along with a mass of proletariat – property-less – workers. If Marx was alive today, what would he see in Venezuela? The magnate Chavez owns a personal, private monopoly of greater wealth and power than anything that existed in the 18th century, while a majority of Venezuelans are poor, property-less and under-employed. Adam Smith might laugh at Chavez as an aberration, but Karl Marx would be enraged by what Chavez is doing in the name of socialism. Any comment?

Cyril

A number of common traps keep the middle-class from maximizing their money-making potentials and succeeding in wealth creation. Among the most common wealth creation trap of the middle class is the “appearance of money”.

What Is the Appearance Of Money?

The appearance of money, as might already have been guessed, is simply the need to buy and to have so that one looks like he or she (or they) have money. It grows out of the need to keep up with the neighbors, to be accepted, to live the way and have the things that they feel society says they should.

It is easy for the middle class to have the appearance of having money. Easy credit, bank loans, mortgages, car and automobile loans, all are designed to give the middle class the appearance they need; and to indebt the middle class to the banking institutions in the meanwhile. By playing on the psychology of the middle class, the banks create an everlasting cash flow for themselves. A cash flow that, although the middle class willing subjects themselves to, is at the expense of the middle class, at the expense of the middle class’s financial success.

As long as the focus of life is on appearing wealthy, the focus is not appropriately placed on making money. But the only real way to be wealthy is to make money, create wealth, and achieve lasting financial success.

Don’t The Wealthy Present The Appearance Of Money, Too?

It is a fallacy myth, that the rich struggle to keep up and appear wealthy. The wealthy present the appearance of money because they actually have money. It is not an appearance, it is their reality!

The reason that the wealthy have money is because they have properly placed their priorities. The wealthy shun status and focus on the real goal, financial freedom, and work to achieve it. Once they have, the wealthy are able to buy what they want and live the life they want to because they have the financial backing to do so.

The real difference between those who succeed in wealth creation and those who fail is based in a very large part in the goals set in the beginning.

- The middle class (referring to those unable to move beyond a work-for-pay lifestyle) focus on getting and having things.

- The wealthy focus on having money so that they can have things.

As Jamie McIntyre if the 21st Century Academy says, “Many people get caught up in appearing to be wealthy, instead of becoming wealthy.” It is an unfortunate truth, but not one that is without hope of changing.

Just as appearing to be wealthy is a mindset a psychology, so, too, is being wealthy. The choice can just as easily be made to really be wealthy as it can be to look wealthy. Making that choice, and re-prioritizing, is one of the first critical steps towards wealth creation and towards really financing the life of the wealthy.



By: Sean Rasmussen

About the Author:

Emrick

When I see a tall building, I always wonder how a building can be that tall without falling over. By chance, I manage to read about the construction of a tall building and realize that the foundation of any tall building is carefully designed to support it. A lot of efforts and works are done at building the foundation.

Once a strong foundation is built, the construction of each storey seemed to be rather easy. If I equate a tall building as great wealth, then this is like seeing the rich people keep getting richer faster! This is because they have a good foundation to create their wealth just like a tall building has a strong foundation to build more storeys.

What are the foundations of wealth creation? After reading a few books on wealth creation including the Rich Dad’s series by Robert Kiyosaki and attending a few seminars on wealth creation, I have identified a few foundations for wealth creation based on my understanding.

Firstly, I need to have a physical health so that I have the physical energy to work hard. Imagine if I am always sick, I will never be able to concentrate on my work. Progress will be always hindered by my poor physical health.

I will need to exercise regularly to keep my body fit and healthy. Lack of exercise will cause my body to have poor immunity to diseases. I will need to watch what I eat and drink so that I can remain healthy. Eating junk foods and drinking liquors excessively harm my physical body. Also, I will need to rest enough to ensure that I have ample energy to work on my plans. Lack of sleep will cause me to be forgetful and make mistakes in my plans to gain financial freedom.

Secondly, there is a need for me to have good mental health so that I can concentrate on my plans to achieve financial freedom. If I do not have good mental health, I will lose focus easily and get distracted by other things.

I will need to practice concentration meditation regularly to keep my mind fit and sharp. Lack of concentration exercise means I will not be able to focus on my plans totally and thus prone to making careless mistakes.

Making genuine mistake is good but making careless mistake is bad. Careless mistakes are mistakes that I have already learned and become aware of. Thus, there is nothing much I can learn from these careless mistakes that will accelerate my path to financial freedom.

If I have made a genuine mistake, then I will be able to learn something from this mistake. The purpose of learning from mistake is so that I will not repeat them again as highlighted in the Rich Dad’s series by Robert Kiyosaki. If I keep repeating the mistakes, then it defeat the purpose of learning from mistakes.

Thirdly, there is a requirement for good emotional health so that I will not get emotional over my decisions. I need to practice insight meditation to understand how my mind works. By understanding how my emotions arise and fall in my mind, then I will be able to manage my emotions better. If I can manage my emotions properly, then I will be able to make decisions based more on logic than emotions.

For example, if I cannot manage the fear of failures, then I will not be able to make the decision to master any skills that are essential for wealth creation. This is because failures are part and parcel of the learning process. If I can manage such a fear, then I will be able to master any skills quickly.

Next, I need to have a good spiritual health. That can be achieved by doing good deeds to help the needy around me. It may not just be money that they required. Learn to give love and care, time to listen to them and so on. This will help me to build a peaceful mind. If I have a peaceful mind, then I will be able to perform better in whatever I am trying to achieve.

Just like a tall building needs different layers of foundation. I feel that there are different layers of foundation required for wealth creation. What I have described above is just the first layer of foundation. Without a good physical, mental, emotional and spiritual health, there is no way I can face and manage the challenges in life well so that I can succeed in life.

* DISCLAIMER *

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.



By: Max Ng

About the Author:

Gabriel

Ispeakthetruth asked:


Would he give free healthcare to everyone who didn’t have it or could afford it…
Would he send over thousands of humans to kill innocent children and adults for oil and greed
Would he give humans free will to be *** or have abortions or force people to obey him
Would he feed the hungry
Would he stop killing and torture of animals
Would he help protect the most valuable creation of all…the earth and environment?
Would he **** Muslims
Would he be racist
Would he agree with all of the hateful and manipulative questions and answers here on Yahoo?

Brice

Getting an education is an important part of life. It is so important that the government requires everyone to go through at least the primary and secondary levels of school. The idea behind getting an education is to equip a person for the life that he or she would be leading afterwards.

Unfortunately, conventional education assumes that people would be pursuing jobs after graduation, jobs that they would work on until they reach the age of retirement. But that kind of way of living can make people miss out on the finer things that life can bring.

Getting wealth creation education, however, teaches us that there is a different way of living our lives, different from the way conventional education would have us live it.

Why We Should Get Wealth Creation Education

The whole point of getting wealth creation education is to learn how to develop passive income. Passive income is money we can earn from doing a kind of work only once and then enjoy the benefits from it for a long time to come.

Passive income works just like royalty fees. A songwriter will earn from a song he or she made whenever it gets covered or aired publicly. A novelist will earn from a book he or she wrote every time someone buys a copy. A movie producer will earn from a movie he or she did with every copy of it sold.

The pursuit of wealth alone may not be appealing to a number of people, but we can always think of things that we can enjoy from getting wealth creation education. The five benefits we can get from obtaining a degree in wealth creation education may be more than enough to motivate us into actually taking it. What are these five benefits?

1. Retiring early. Once we have mastered wealth creation education, we can retire as early as we want. The age of 65, which is the usual retirement age, is too late for people to start enjoying their lives.

2. Addressing unforeseen emergencies. Life is never smooth-sailing, and there could be mishaps along the way, like accidents or sudden medical emergencies. It costs money to be able to respond to such. Having disposable passive income can empower us to deal with them more appropriately.

3. Handling foreseen expenses. There will be events and occurrences in our lives that we know would happen and we know we need to be prepared for, such as sending our children to college or giving them enough to start lives of their own. With disposable passive income that wealth creation education can help us earn, we do not have to worry about such things.

4. Having lifestyle we want. It takes money to live our lives in style. It is not about having a big house, fancy cars, traveling or anything material. It is about the life that comes with having all those things.

5. Living our lives to the fullest. Many people identify with the jobs they have, rather than the lives they lead. But who says a computer programmer cannot be a graphic artist, or a lawyer cannot pursue singing? With the money that wealth creation education can help us earn, we can be the most that we can be.



By: Steven Miller

About the Author:

Adley