There are multiple traditional examples of people searching for jobs and had to fail first to become successful. Here, I would like to touch on an example of building wealth.
Here, it is important that whatever job you have should act as a stepping stone to help you achieve more. The objective is to save money for future investments such as but not limited to business ownership, real estate or any such resource that generates income.
In this article you will know more about
- How to Approach Success & Wealth Creation
- Using Failure to Become Successful
General Approach to Success & Wealth
When you work in most corporate jobs, they seem to have an issue with you getting overtime, so you have a cap placed on your salary. The people who become great are not interested in jobs but in multiple income streams and investments.
Jobs will never pay what one is worth, so it is important to go out and make your own profits. I am in no way saying quit your job, but simply let the money you make be utilized to pursue your dreams and ambitions. Failure cannot scare you and plays a role in your overall success.
You do not become great by just working an 8 to 5 job then retiring and then dying. People who become great pass on their knowledge and wisdom and leave massive amounts of influence that empowers others.
To reach success in terms of wealth, you must calculate your life, and you do that by spending time with one’s self to uncover ways one can practically build higher incomes and wealth overall.
The suggestion I am about to make is an option because the purpose is for you, the reader, to see examples of building wealth so you can decide what acts best suit you. The most critical part is to act on your plans.
Suggestions on increasing income streams are the following: Write and develop information products, create physical products, consult and charge fees, blogging, e-commerce store, financial services such as tax preparation, and real estate management.
The suggestions here are to spark your interest and even if you desire none of these options find something that works for you but choose it only if its scalable meaning products or services have potential to reach past the million-dollar threshold.
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Using Failure to Become Successful
A person may become passionate about making small dolls for girls as toys but if the producer is only that person and a team of a few people, how can this company keep up with demand if it reaches 10,000 purchases a month but the team can only make 2000 at maximum per month?
This means it is not scalable unless actions are taken to fix it on scaling. Some might even say this is not real success but failure because it cant be scaled at this current level.
One slight change like creating digital products or templates would enable unlimited access and buying therefore allowing the business to grow revenue even if the capacity was still at producing limits of 2,000.
Another, way they could scale based on methods from world renowned business strategist Jay Abraham. His methods mention to partner with other businesses that have the resources you need.
Here, this doll company would partner with a manufacturer to produce the dolls and even add it to their products as it supplements or compliment their products and services.
The doll company would have access to their manufacturing, sales force and more. It’s a win-win situation.
It is an area you would like to try out that you have no experience in its best to research then act on moving into that field.
Spiritual success is to live by the very doctrine that explains how your faith should be put into application in your daily life style.
My example will be Christianity. If one believes and gives their life to the God of the Bible, then their soul is saved, and upon that, a mission by God is granted to you, which is your life’s purpose.
Even without a person believing in God I believe he still has plans for you. I believe God has a mission or rather a purpose for everyone whether being the saved or unsaved.
In regard to spiritual success, the Bible talks about what is termed the great commission in it where Jesus Christ instructed his disciples to go out to all the nations spreading the news of the Gospel.
So, even today as one is saved and uses their experience and faith to tell others about the Gospel along with living a holy life that is described in the Bible you are deemed a spiritual success.
Also, to further your success in your spiritual walk one must spend time with God and become deeply rooted in his word and understanding the bigger picture God is showing you.
Another view of success is from a social point. Social success involves anything related to society such as family and communities whether local, national or internationally that bring about positive outcomes.
Family success is simply providing for your loved ones and to support them. Demonstrating long-term consistent aid is what I would use to display social success in a family setting.
Going into more depth with family success it can be seen through a mother carrying out the basics of raising a child by providing food and clothes and equipping them with resources to be a productive member of society growing up and into adulthood.
Others examples could also be nonmaterialistic and nonmonetary like just encouraging words to family members. Families are not perfect.
Perhaps there is a drug addict, junkie, or even felon who is traveling a path of darkness. So, whether it is your family or non-family lending a hand to pull people out of the darkness within their lives is a form of social success.
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Social success is also seen when it comes to the community helping those who are unfortunate volunteering and or being part of a movement that advances community life.
Where there is even just one person who was uplifted, encouraged, or helped, this improves society one person at a time.
People love the idea of creating their own organizations for a big cause to improve the lives of those around them.
This is a great idea, but nothing is wrong with joining groups who are already structured and you assist in fulling that group’s mission.
Measuring success is a huge topic and is debated among the highest of intellectual people stretching out to even the everyday citizen. Here are a couple of ways people view general success.
Income and net worth are ways people will measure your success by how much you make through a monetary system.
Other ways to measure success is by influence and having the ability to bring people together for a cause, also, some could consider this leadership.
When a person has the ability to unite others on a small scale or even on a large scale that cannot always be achieved so easily which is why using this measure for success can be useful.
Another way society measures success is by being independent when you are able to support yourself without help from others.
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Conclusion
Feel free to use these traditional standards or create your own definition. I have two measures of success. One measure of success does not include money or how much cash you accumulate nor by materialistic items.
Success is creating or adding something positive to the earth and its inhabitants whether animal or human, whether big or small.
To extend my measure of success, it also means showing light in times of darkness and implanting seeds of hope for those who see no reason to live in a world that is failing.
My second measure of success is dependent on how much wealth one acquires, the degree of influence you have on others, and impact on society.
When you empower others you spark a feeling within yourself and feel indescribably great.