Yogi Berra is known to have said "'If you don't know where you are going, you'll end up someplace else.”
.It is a new year.. We reflect and look forward as we transition from 2015 into 2016. Another year. A lot can be accomplished but in order to be the highly productive successful person you are you need to be clear about your goals in each area of focus in your life. Usually your New Years resolutions focus on your health but what about your wealth resolutions?
There are typically seven 'life buckets' which include health, spirituality, business, relationships, job and finances (wealth). The latter 'finance bucket' is the focus of my wealth building workshop I am hosting on February 27 at 10am to 12pm in Lincoln Park (details upon registration).
This Part One: Charting the Course workshop is designed for entry-level investors looking to better understand what it means to build financial wealth and it gets you on the path to develop a plan for where you want it to be at year end, in five years, ten years and someday as you navigate towards retirement. Focus is the key to achieving that success.
The workshop is free and there are absolutely no strings attached (like some workshops that try and get you to 'buy our Part 2 workshop' or 'buy this book we wrote' or whatever). We are looking to meet and introduce the ideas of wealth building and leverage in real estate investments and meet like minded people.
What is Financial Wealth? The simple definition is financial wealth is an accumulation of assets that deliver the passive income necessary to achieve my personal mission in life without having to work. Building my financial wealth through investments to live a large and limitless life. It is about putting my money to work and letting it work for me over time. A place where someday I have enough money working for me that I no longer need to work for money.
Here is a little video and introduction to me and an outline of the Investment Workshop.
“Wealth consists not in having great possessions, but in having few wants.” ~ Epictetus 85 A.D.
It’s not about luck but about planning a strategy towards your specific financial investment goals. It is about understanding how to take luck out of the investment game. Follow the tried and true investment systems to win and meet your short term and long term goals. Define your own criteria to follow based on others successful (and failed) models. First you will learn to play the game. Then you will learn to win the game through the proven systems and models used for decades.
This is NOT a get rich quick, flip your head off miracle system, magic pill workshop. Seriously. Investments and building wealth take time. You can get rich quickly but this workshop is focusing on building wealth which takes time.
Once you begin to answer why you want to reach the goals you've setup (to support my parents, to live a carefree lifestyle, to retire early. Whatever your specific reason you'd like to not have to rely on your job and working but rather want to have your money working for you so you can live the way you envision your life being most complete and to live the largest life possible and achieve your personal potential.
“Being rich is not about how much money you have or how many homes you own; it's the freedom to buy any book you want without looking at the price and wondering if you can afford it.” ~ John Waters
So your next steps are simple. You really have nothing to lose (except the two hours in the workshop). Are you ready to be a conscious player in the financial wealth-building game? Are you ready to create your Investment Mission Statement? Are you ready to engage it strategically and with purpose? Are you ready to keep score carefully and monitor your wealth building goals? Are you ready to intentionally invest and compound your return? Are you ready to stay on track and adjust where needed? Are you ready to watch your net worth grow?
If you answered three of these with a yes then register for the workshop now by clicking here. If you have any questions go ahead and email me here. I hope to see you at our Part One workshop and discuss your goals.
Jim Gramata is an experience real estate investor with a wide range of skills and achievements ranging from his design/build experience and flipping properties to real estate sales and marketing. He is a licensed broker with @properties in Illinois.