Ouida Vincent is an active real estate investor and entrepreneur who has watched her friends and family members struggle under the burden of home ownership and poor returns in today
The ?p-word? is Porno and Zack and Miri, life long friends decided to make one. Busted and broke, Zack thinks it would be an easy to make a porno and make money. Miri thinks that if it were easy, everyone would do it. Zack raises the money, finds a studio, writes the script and together they select the cast. They are on a roll and ending their financial problems does seem easy, but before they shoot a scene, they lose their studio, props and investment. Miri was right?not so easy. This movie was not a tale of persistence or success, they never do make their porno and the best we can figure out is that they never do change their financial situation. Friends, Zack and Miri, do fall in love, but nothing else changes.
Their experience is true for so many who seek positive financial change in their lives, assume the change will be easy and rush, headlong, into disappointment.
Not everyone that I talk to about getting started in a home-based business gets started. In fact most don?t. I have learned over the years, that when a prospective business partner says no to me, what they are really saying is that there must be an easier way to make money. There must be an easier way to make money than sales, there must be an easier way to make money than marketing, there must be an easier way to make money than saving and investing, there must be an easier way to make money than taking classes at night to improve skills. There must be an easier way. Period.
As Zack and Miri found and most wealth seekers find: There isn?t. Faced with the harsh reality that there isn?t an easier way, wealth seekers either quit seeking wealth or they vow to acquire the necessary skill sets to gain and retain wealth. Few people choose the latter. The majority, never quite letting go of the misplaced belief that there must be an easier way, drift aimlessly from project to project, opportunity to opportunity becoming increasingly disillusioned with each failure.
Unfortunately few people ever make and complete the journey of wealth creation. According to the Tax Foundation?s July report of individual income tax data, ten percent of American households make over $100,000 per year. In their book, The Millionaire Next Door, Stanley and Danko indicate that the average household income of millionaires is $247,000.
When Stanley and Danko wrote their book, they focused on millionaires because they thought that many American households could attain that level of wealth within a single lifetime. ?About 95 percent of millionaires in America have a net worth of between $1million and $10 million. Much of the discussion in this book centers on this segment of the population. Why focus on this group? Because this level of wealth can be attained in one generation. It can be attained by many Americans.?
Why do some succeed while others ultimately fail?
People who seek and ultimately gain wealth gain different skill sets from those who don?t. Napoleon Hill places Specialized Knowledge among the 15 required assets to create wealth in his book, Think and Grow Rich. How long does it take to acquire Specialized Knowledge or a new, useable, skill set? 1000 hours, according to Michael Masterson in his book, Automatic Wealth. That is roughly 2 years at 10 hours a week for the person who has a full-time job and is seeking to change his or her financial picture. So one must either gain Specialized Knowledge or align himself with one who has it. Every other success strategy or characteristic outlined in Napoleon Hill?s Books requires work to attain or practice. Desire, Self-Control, Autosuggestion, Faith and a Definite Aim, require daily practice. Forming a Mastermind group does not require daily practice, but it does require a commitment to that group, and it often does require rearrangements within social networks. That is changing the people you hang out with.
The Success Strategies are also known as Laws of Success. They are so called because they cannot be negotiated with, they simply are.
The irony is that without any knowledge of the Laws of Success, Zack and Miri employed them. They had a Definite Aim: to change their financial picture. Their living situation reinforced that aim daily. Their group of actors and camera-men became their Mastermind Group and their group became self-reinforcing facilitating Faith, Autosuggestion and Specialized Knowledge. Zack initially had Persistence and Imagination to overcome the setback of losing their equipment, set and props. But lost Self-Control and Persistence when he realized he loved Miri. Without knowing the Laws of Success, he used the Laws of Success. Without knowing the Laws of Success, he broke them. Breaking the Laws of Success will undo the plans of success as Zack discovered, because he never did achieve his Definite Aim: to change his financial picture.
The truth is that whether we acknowledge them or not, we live in a world governed by Laws, Rules and Regulations. Many of which we use without acknowledgement and many of which we break in ignorance. We take for granted that we can leave our home without floating away because gravity allows us to walk down the street. We understand that what goes up, must come down and that our best hope is to control the nature of the landing.
Such are the Laws of Success. They exist and they work no matter our state of awareness.
- Related Videos
- Related Articles
- Ask / Related Q&A
- Zack, Miri, the P-Word and the Laws of Success
- The Best Criteria In Wealth Creation
- Forefathers Of Wealth Creation: Introducing Napoleon Hill
- Wealth Creation through Simple Act of Giving
- The Right Knowledge for Wealth Creation Success
- The Right Knowledge for Wealth Creation Success
- The Kept Secret of Wealth Creation Part 3
- The Simple Way of Communication: Wealth Creation is Inyour Words




Enhance Your Creativity and Problem Solving Abilities Easily and Naturally
By: Tanveer Al Razee | 01/01/2010Do you make decisions in the heat of the moment when under the influence of emotions, only to later regret those decisions? Do you ever feel like you lack creativity? Most of us can answer “yes” to both of those questions at one point or another in our lives. But many of us go through periods where this is the predominant mode, and we start having a tough time of things because of it, without realizing the root cause.
Defining Success For Success
By: TB Wright | 01/01/2010What is your rock hard, crystal clear, definition for success? Find out how to get it right in a way that has you actually be successful, now, and forever!
How To Rise Above Challenging Circumstances
By: Valery Satterwhite | 01/01/2010Events in and of themselves do not cause stress and worry. It
Will This be Your Happy New Year?
By: Willie Horton | 01/01/2010Did you know that 75% of New Year's Resolutions fail within the first five weeks? Did you know that most people's Resolutions are the same each year? How come normal people aren't able to change their lives even if they dearly want to. Well, you won't change something big without making some minor alterations first. Start doing little things differently and it becomes easy to take on the big stuff.
The Art Of Self-Discipline
By: Roberto Sedycias | 01/01/2010Self-discipline can happen when you foster a few new skills and stick to them. There are important skills that can be learned to benefit every aspect of your life.
Success Principle Review - What Is Success Principle By Maverick Coaching All About?
By: Joe Drew | 01/01/2010Do you want to find out more about what the Success Principle by the Maverick Coaching Team is all about? I am sure that you have seen all the huge claims made on its sites claiming that it can help lead anyone to success, but does it really work?
Brand New Mini Stun Gun Offers Powerful Punch
By: sean sandvik | 01/01/2010Everybody I am sure has watched Cops before and seen those videos of out-of-control “bad guys” and seen them get shocked or tased by either a stun gun or a taser. Or, for any 24 fans out there we all say Jack shock President Logan in an attempt to subdue him and get him off of the helicopter. Well, the problem with most stun guns today is that although they are pretty small, you may want them just a little bit smaller. Maybe something just a little easier to carry around with...
Why is it so hard to get over an ex
By: maria | 01/01/2010For a lot of individuals, breakups are the worst of all nightmares. Normally you can't sleep, eat, rest and relax because when you look at something, it triggers memories of your past lover. To get over an ex is ne'er easy for most individuals. It takes determination and willpower to overpower your emotions and live through it each day. If you desire to know how to get over an ex, then this information will surely help you to stress on moving on with your life.
5 Common Money Mistakes About Cars
By: Ouida Vincent | 09/12/2009 | FinanceCar purchases give rise to incredible anxiety in most consumers. Am I making the right decision? Am I paying too much? Compounding the anxiety is the reality that car payments often stretch on for years. Given the importance of the automobile in daily live, most consumers want to get the best deal for the best price, yet too few do exactly that. This article discusses the 5 common money mistakes with cars and how you can avoid them.
How to Break into Real-Estate Without Going to Jail
By: Ouida Vincent | 11/10/2009 | FinanceMany leading personal finance blogs blindly dismiss investing in real estate as a way to create wealth for no other reason than that the blog authors have no experience in the world of real estate investing. This article outlines the advantages of real estate and the simple but essential steps required for investment success.
Mortgage Reduction Secret Weapon: Your Down Payment Part 3of 3
By: Ouida Vincent | 06/10/2009 | FinanceAre you planning to buy a home? Do you want to save the most money possible over the life of your home loan? This article will help the savvy consumer save tens of thousands of dollars in interest payments over the life of his loan and own his home years sooner without having to make extra payments.
Mortgage Reduction Secret Weapon: Your Down Payment Part 2 of 3
By: Ouida Vincent | 22/08/2009 | FinanceTo pay off your mortgage or not is one of the hottest debates in the area of personal finance. This debate misses the point, there is a simple way to own your home without making extra payments or surrendering control of your bank account to the mortgage company. The article series discusses a simple strategy that anyone can use if they just plan ahead.
How to Pick The Personal Finance Book That
By: Ouida Vincent | 20/08/2009 | FinanceThere are too many personal finance books. Most are of poor quality and will not help the purchaser of the book change their financial life. The article summarizes ten steps that anyone can use to determine if a personal finance book will be helpful before you buy it.
Mortgage Reduction Secret Weapon: Your Down Payment Part 1 of 3
By: Ouida Vincent | 10/07/2009 | BusinessHome ownership is the American Dream. Personal finance books and banks are full of advice on how to own your home or pay off your mortgage sooner. Those methods often involve fees, more frequent and higher payments than you should have to make to own your home sooner. There is a better way. A secret way learned from a mortgage broker who was more interested in helping his clients than raking off fees.
Zack, Miri, the P-Word and the Laws of Success
By: Ouida Vincent | 01/05/2009 | Self ImprovementWhy do so many people try to improve the quality of their lives and fail in the attempt? Why is wealth concentrated in the top 5% of the population? This article explains why it is hard, but not impossible, to achieve wealth.