4 Simple Steps for Financial Freedom:
Everybody is stressed out to achieve financial freedom without knowing basics of it. Working hard is not enough to achieve financial freedom. Success is only reserved for the hard working and smart people. There are 4 simple basic steps must to follow to achieve financial freedom:
1. To know what is financial freedom:
To achieve financial freedom, the 1st thing we need to know is what financial freedom is. Financial freedom is generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. However, the meaning of Financial Freedom is much more than having money. We need to go through several steps to achieve it.
Step 1: Financial Security: When we have a source of income that provides certain amount of money that we need to meet our basic needs (housing, cars, food, basic entertainment).
Step 1: Financial Independence: When you don’t have to work and your basic needs are covered
Step 1: Financial Freedom: When you don’t have to work and everything you can think of is covered
The video of Anthony Robbins attached herewith explains it very well.
2. Financial Intelligence:
It is just a stupidity to even think of financial freedom without having a knowledge how to achieve it. The knowledge needs to be acquired to achieve financial freedom is called financial intelligence. And, whenever it comes about financial intelligence, it is all about what Robert Kiyosaki has suggested in his several books such as Rich Dad Poor Dad.
Financial intelligence is not covered in conventional education system. It is something you learnt from your family, own reading or from your mentor in business.
PS: In the attached video herewith Robert Kiyosaki explained what financial intelligence is.
3. Choose the Right Game:
Many of us do not achieve financial freedom as we choose wrong financial game. In the video attached herewith Robert Kiyosaki has explained the 4 quadrants of source of income. If you are not in the right quadrant (B or I), you must need to have a way to shift to B or I. And, he suggested network marketing is the best choice. However, to generate WARM LEADS in network marketing is not easy.
4. System Behind Your Business
Good product, hardworking and follow up is necessary for success. However, it is not enough. You need to have a good system behind your product / business that retains your customers for long time. As in the video “Startup Lessons From Patron Billionaire John Paul DeJoria” said the cover story of your product is very important.
Success is a science. As long as we follow the basics of science, result is inevitable. You will live a much better life if you just do it and pursue your passions. Those people who spend their time working on things they love are usually the ones enjoying life the most. They are also the ones who dared to take a risk and chase their dreams.