Making The Law of Attraction Work For You

The law of attraction is not a new idea. It has always been here from ancient times, and people have always used it. Hunters, who painted scenes of hunting on the walls of caves thousands of years ago, used the law of attraction. Businessmen, who visualize and plan what they wish to accomplish also use it. You use it too, whenever you think, make plans or daydream.
Books on this subject started to be popular more than a hundred years ago, but the authors of these books did not use the term "the law of attraction". They called it the law of opulence, mental power, mental magic, the power of thoughts or creative visualization. It is the same law, the same power, only with a different name.

William Walker Atkinson, Richard Ingalese, Opheil and many others, have written books on the power of the mind to attract what one thinks about, many years ago, and these books are still popular and available nowadays at bookstores. Other known authors are Joseph Murphy, Napoleon Hill and Wallace.D.Wattle. Later, Shakti Gawain wrote a book on the subject and popularized the term "Creative Visualization".

All of these books are on what is now termed "The law of attraction". As you see, it is not a new subject, but due to the media, it became a "hot" subject today. If you look around in bookstores, the Internet, TV and the newspapers, you will find many new books and articles on this subject budding every day. It is said that there is nothing new under the sun, just a change of terms or names.

The message of all these books is that if you keep thinking upon a certain subject, you will ultimately attract it into your life. Thoughts, mental images and feelings can move the subconscious mind and the Universal Mind to act on your behalf and manifest your desires.
This is a most inspiring and elating idea, and is the reason why so many people are fascinated by what the law of attraction can do.

The fact is that inspiration and feelings of elation are not enough to make this law work. You need to know what to do and how to proceed; otherwise you will get no results. Just thinking for a little while about what you wish to achieve is not enough, and might lead to disappointment, discouragement and losing of faith in the law of attraction and the powers of the mind, if you don't get immediate results.

Reading books or articles on this subject awaken a sensation of power. The realization that you can transform your life and create success brings excitement and hope, but these feelings can change into disappointment and frustration, if you don't know what to do next.
If you are told that you can attract anything you want into your life, but are not provided with the proper guidance and practical instructions, how can you proceed?

It is not enough just to think about or visualize what you desire for a few minutes, and then let doubts and disbelief fill your mind for the rest of the day.

By Remez Sasson

Increase Financial Literacy to increase Wealth!

Albert Einstein said Compound Interest is the 8th Wonder of the World!
When Albert Einstein discovered the Compound Interest Rule of 72, he said that compound interest is the Greatest Invention because it provides a Systematic Way of Increasing Wealth!
What exactly is the Rule of 72? Simply stated, it estimates how many years it take for your Money or Debt to double in value. All you have to do is simply divide the number 72 by the Annual Rate of Returns you get from your savings/investment.
Eg. if you earn 3% annual returns on your savings, it would take 72 divided by 3 = 24 years for you to double your money. Eg. if you earn 3% on S$10,000, it takes 24 years for you to double the money (Grow the money) to S$20,000.
Increasing Returns can help You Retire Young, Retire Rich!
However, if you can earn 7% annual returns, it only takes about 10.28 years for you to double your money. Thus, by increasing the returns on your Money, you are actually gaining Life (well, if you think about it, Life is the years of you live). So imagine, by increasing returns from 3% to 7%, you save about 14 years of your Life to double your money. Thus, if you want to Retire Young and Retire Rich, you ought to start making your money work harder for you rather than just you working so hard for your money.
The most amazing thing about the Power of Compounding is that the Power GET Bigger and More Powerful Over Time. If you have S$20,000 and earn 3% returns, over 40 years, your money grows to S$65.2k. However, if you earn 7% returns, over 40 years, your money grows to S$299.5k, or 359% MORE!

Rule of 70 to calculate Impact of Inflation
Another not so commonly known rule is the Rule of 70, which basically measures how many years it takes for your money's buying power to halve (drop by 50%). Thus, if the inflation rate is 3.5%, using the Rule of 70, it takes about 70/3.5 = 20 years for S$1 to become S$0.50.
With Inflation in Singapore running at over 7% in April and May 2008, what it means that if inflation continues at 7%, it takes 70/7 = 10 years for S$1 to become S$0.50!

What are you doing to protect yourself against Inflation?
So how to protect yourself against Inflation? The only way other than working harder to increase your income, is to make your Money Work Harder for you. You need to aim for your money to get an annual returns of about 7% or higher to be Richer.

Do you want to continue working 50, 70, 100 hours a week the rest of your life?

Good! Neither do I.
Do you want to be able to take time off whenever you want to, without worrying about what's going to happen to your business?
So do I!
There's a saying in the corporate world: "Don't make yourself irreplaceable. If you can't be replaced, you can't be promoted." As an entrepreneur, this is still true in its own way. Let's think of "being promoted" as earning more and working less. You can raise your prices, but until you can remove yourself from being directly involved in doing the work that generates the income, there's always going to be a limit to how much you can earn, and it can only increase very slowly.
Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you're going to have to start creating income streams that do not require your direct involvement. Whether you're just starting your business, or you've been running it a while, the sooner you start thinking about how you are going to shift your business model to create more passive income, the sooner you can achieve personal and financial freedom.

Three basic principles of network marketing

1) There are no shortcuts. As with any endeavor, if you want to succeed you must be prepared to work hard, and work smart. And that starts with mastering the skills that have been proven to work by the millions who have already built successful businesses.

2) There are no excuses. If something isn’t working for you, you have to be prepared to change. That doesn’t mean looking around for a better company, a better system, or a new idea. It means changing you. Perhaps your attitude, the way you present yourself, the way you communicate, or your understanding of how the business works. Determine where to focus your time, energy, and resources to enhance your chance of success.

3) There are no trophies for trying. Network marketing rewards results. Not everyone will make it because not everyone is prepared to do what it takes. If you are prepared, the rewards you receive will make it all worthwhile. If you decide network marketing is not for you, you will have risked nothing and lost nothing. One of the strengths of the industry is that you can even keep your regular job while you are building your business.

Earning while learning

Network marketing is one of the few businesses where you can earn as you learn, right from the start. If you find yourself faltering:
1) Think of the millions who labor through years of university or college for a chance to join the ranks of the higher-income earners.
2) Think of the millions who invest their own capital in a business only to end up working horrendous hours trying to make it pay against all odds.
3) Think of those who waste their life stuck in traffic, as they commute to the office and back.
4) Think of those who miss pivotal events in their children’s lives, due to work commitments.
5) Think of those who dread going to work each day to boring, repetitive jobs, not to mention having to work with and for people they wouldn’t spend time with under any other circumstances.
6) Think how lucky you are that you are at the helm of your own low-risk, high-reward business—business where you get to decide how your time will be spent and with whom you will spend it.

Hard to beat

As far as career opportunities go, network marketing is hard to beat. It costs almost nothing to start, allows for flexible hours, and paves the way for financial independence. Network marketing -- also known as direct selling and multi-level marketing -- has turned millions of people into successful business owners. But to truly reach their earning potential, network marketers need the right tools.Be a Network Marketing Superstarprovides a proven 26-step program designed to help readers quickly become stars in this fast-growing and profitable industry. Master the six core skills of successful network marketing ,Sharpen their salesmanship ,Become more persuasive, Build relationships, Overcome roadblocks, Radiate positive energy. Find and attract quality people Be powerful coaches and mentors. With equal parts advice and inspiration, as well as helpful worksheets and exercises, this indispensable guide gives network marketers the know-how and confidence they need to join the ranks of the top moneymakers.

Network Marketing: Just Ten who get Ten who get Ten...

A well-known network marketing company selling herbal supplements held a presentation for prospective recruits. They introduced several spokespeople for the company and showed a brief video about the founder of the company, who had become a multi-millionaire in the business. The prospects were asked one simple question: How would you like to learn the secrets of this multi-millionaire?
Of course, everyone present was interested.

They asked everyone to get out a sheet of paper and write down the names and numbers of ten people they knew.

It would all start with ten, they were told.

Some of the prospects left the room in a huff, in unbelief. It couldn’t be that simple, they thought. Or it was too hard. Or they had been misled. One way or another, these prospects refused to believe that the secret would start with that small list of ten.
But indeed, that’s where it does start. And those who know the business understand why. Those ten may be “warm leads” of friends and relatives--some of whom will be interested while others will not. However, those that are interested will be signed up and then asked to draw up their own list of ten. Of the recruits from that list of ten, they then will be asked to draw up their own list of ten.

On and on the process will continue, theoretically indefinitely, but in reality limited by factors such as the time and dedication.

This is why those who dedicate themselves to the business can be so incredibly successful and build huge downlines. They create a residual stream of income from an ever-expanding circle of influence.

Multi-level marketing benefits from this mathematical progression, making it the ideal business for those who have come to appreciate the benefits of working smarter, not harder. Viewed in this way, it should be not hard for your recruits to find ten. It’s not about conducting a nationwide ad campaign. It’s about working the people that you know--and undoubtedly, you know a lot more than ten.

If you contact ten who aren’t interested, just ask them for the names and numbers of others who might be interested. Eventually you will be able to get your list together.

What did that multi-level millionaire know, that was embodied in this secret? He understood the power of leverage, the ability to use an existing pool of workers to get the job done, rather than having to do the whole thing himself. In the business world you have may heard of the term “OPM”--other people’s money. Successful people do not necessarily have all of the money they need “out of pocket,” but they know where to get the resources.

In the same way, we are in the business of leveraging other people’s labors--not as taskmasters whipping slaves into submission, but as people determined to succeed, and willing to cooperate with others to achieve that success. In the process, we are merely asking them to do what we are doing ourselves, and everyone benefits from the power of leverage.