When it comes to building persistent wealth, mere wishes aren’t enough.
This concept, powerfully presented in Robert Kiyosaki’s book, “Rich Dad Poor Dad,” emphasizes that riches respond only to definite plans, backed by definite desires, through constant persistence.
In this blog post, we’ll explore how persistence wealth can transform your financial journey, delving into the four steps necessary for achieving persistence and how they can help overcome limiting beliefs and grow persistent wealth.
Persistent Wealth: A Definite Purpose
One of the first steps in achieving persistence is having a definite purpose. In my own journey, this realisation was a turning point.
After reading “Rich Dad Poor Dad,” I understood the importance of defining what I wanted to achieve financially. I wrote down my goals and created a vision of my future wealth. This clarity of purpose kept me motivated and focused, serving as a constant reminder of why I was on this path.
Having a definite purpose means setting clear, specific, and attainable financial goals. Whether it’s saving for retirement, purchasing a home, or starting a business, knowing exactly what you want to achieve provides direction and motivation.
A Definite Plan
A goal without a plan is just a wish. I can’t recall who said this famous quote, but it is damn right.
Once I had my goals set, the next crucial step was to devise a definite plan to achieve them.
This involved researching various investment strategies, understanding different financial instruments, and learning from those who had successfully walked the path before me.
Creating a plan required dedication and effort.
I sifted through mountains of information, distinguishing valuable advice from mere noise. This process was time-consuming and at times frustrating, but it was essential for developing a roadmap to my financial success.
By sticking to my plan and adjusting it as needed, I was able to stay on track and make consistent progress towards my goals.
Exclusion of All Negative Thoughts and Influences
Negativity can be a significant barrier to achieving wealth, or any goal for that matter.
Doubts, fears, and external influences can derail even the best-laid plans. One of the most challenging aspects of my journey was learning to exclude all negative thoughts and influences. This meant staying away from naysayers, avoiding pessimistic media, and not allowing self-doubt to creep in. To let you in on a little secret, it’s something I have to work on every day, even now.
Instead, I focused on positive affirmations, surrounded myself with supportive individuals, and maintained a mindset of growth and possibility.
This mental discipline was critical in keeping me motivated and resilient, especially during tough times when giving up seemed like an easier option.
A Supportive Team of People
No one achieves wealth alone. Having a supportive team of people can make a significant difference in your journey. This includes mentors, financial advisors, friends, and family who understand and support your goals.
In my case, finding a network of like-minded individuals who were also on their wealth-building journey was invaluable. These people provided advice, shared resources, and offered encouragement when I needed it most. Building this supportive team was a deliberate effort that paid off immensely, providing me with both the knowledge and the emotional support required to persist.
Overcoming Challenges to Achieve Wealth
Building wealth is not without its challenges.
One of the biggest hurdles I faced was navigating through the plethora of information available. With so many “get-rich-quick” schemes and conflicting advice, it was easy to get distracted and lose focus.
This cost me both time and money, but it also taught me valuable lessons about discernment and patience.
Through persistence, I learned to identify credible sources and effective strategies. I focused on long-term goals rather than short-term gains, which eventually led to more sustainable and meaningful progress.
The Key to Success
Persistence paid off.
By staying true to my purpose, following a definite plan, excluding negativity, and building a supportive team, I was able to achieve significant milestones.
These included reaching my savings targets, making successful investments, and ultimately achieving financial independence.
These successes were not overnight miracles but the result of consistent, persistent effort.
Each small victory built upon the previous one, creating a snowball effect that accelerated my progress over time. That acceleration comes from the 8th wonder of the world, compounding. Compounding works with both money and time, and that’s a key lesson, time is your asset as well.
Conclusion
For those starting their journey to wealth, my key piece of advice is to prioritise financial literacy. Yeah I know what you are going to say, I’m biased in giving that advice, but you can’t argue that it is true.
No one cares about your money as much as you do, so it’s essential to learn how to manage and grow it yourself. Educate yourself on basic financial principles, investment strategies, and money management techniques. Implement what you learn and stay persistent in applying these principles over time.
Additionally, be wary of common pitfalls. Avoid get-rich-quick schemes, don’t let fear dictate your decisions, and always keep your long-term goals in mind.
Surround yourself with positive influences and seek out mentors who can guide you on your path.
Achieving wealth is not about wishing for it but about having a definite plan, a clear purpose, and the persistence to see it through. By excluding negativity and building a supportive network, you can overcome the challenges that come your way and achieve your financial goals.
Remember, persistent wealth is not just a concept—it’s a proven path to financial success. Start today, stay persistent, and watch your wealth grow.