Bigg Success Staff
Napoleon Hill, in his great book, Think & Grow Rich, describes the six steps to turn your “desires into gold.”
First: Determine exactly how much money you want to accumulate.
Second: Determine exactly what you will do to get this money.
Third: Establish the date by which you will do this.
Fourth: Create a definite plan to accumulate this money.
Fifth: Write out a clear, concise goal statement.
Sixth: Keep your goal statement at the top of your mind.
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Here’s an example:
Let’s say you want to retire in 30 years with $1 million. You find that you can expect to earn 8% per year by investing in an index mutual fund. Using your handy spreadsheet or financial calculator, you determine that you need to invest $667 each month.
Do you have $667 each month to invest? Before you answer “no,” read about The Richest Man in Babylon . Now, if the answer is still “no,” what can you do to get it? Can you cut spending somewhere? What can you do to pick up a few extra bucks?
Successful people do what unsuccessful people. If you want it badly enough, you’ll find a way!