- by Anonymous
Well hello friends, it clearly appears from all of the absolutely GREAT news articles that have come out in the past week and even these last few days that our IQD journey is coming to an end very soon!
Were you aware that based on statistics of people who have won State Lotteries that an average of 70% will squander or lose all their winnings within a short couple of years!
I encourage you to learn more about this and enter the following keywords into your favorite search engine (i.e. Bing, Google, Yahoo): "lottery winners statistics" -- you will find many websites that deal with this issue! It is also known as "Sudden Wealth Syndrome" or SWS. If you don't have a computer to do this, then please use a free computer at your local Library.
One of the main reasons people who win a Lottery Jackpot, lose all their money in a short time is.... (the obvious) "Bad decision making skills"!!!
That's really as simple as it is! But, if it truly were that "simple" then why don't more people just make better decisions with their money???
Its Simple - Its a Language Problem...
To put it in simple terms that you and I can easily relate to - think about it this way - Why in America do we predominately all speak English and not Chinese?
Silly question right? The reason is because we have always spoke "English" as a whole nation! Right!!! If we grew up in China, we would speak "Chinese" - Right!!!
Okay, but what in the heck does speaking English and Chinese have to do with Financial decision making???
Money is a "language" poor people speak "poor"; middle class people speak "middle class"; rich people speak "rich" and the top 1% Wealthy class speak... you guessed it - "Wealthy Class" language!
If you speak "poor" then your decision making process will be much different than that of a person who speaks "wealthy"!
You need to learn to speak a new 2nd Language!
Is it no surprise that the poor stay "poor" and the middle class stay "middle class" and the Rich stay "rich"??? Just like if we were born in China we would still speak "Chinese"!!!
And, please do yourself a favor and don't start with the propaganda of well the "rich" oppress the "poor" and hold us down!!! That is horse-hockey! Not here in America! Not even true anymore in China! China today is producing more $Millionaires than America is!!! So, don't fall for that - that is part of the language of "poor" and you need to erase it from your vocabulary. People who teach you that either are "poor" also, or they have an agenda to sell you something!
Need an example?
Here are a few examples in American that you can easily recognize: Sports Stars, Music Stars, Movie Stars, Authors, TV Stars, Top 10% of Sales People!
All these people busted their butt in their profession to become successful, and they have made themselves $Millionaires from nothing! We can also include Small Business Owners / Franchise Owners! IT IS A MENTALITY which starts with BELIEF and HARD WORK!!!
Will every person who tries out for the football team in High School or College going to end up as this years SuperBowl winning Quarterback??? NO!
But, on that team Peyton Manning was surrounded by $Millionaires! In fact, I would be willing to bet you a donut that all those guys were not from "rich" families when they grew up! They applied themselves to their craft and became the top 5%, 10%, 20% and are all self-made, because they learned the language of "success" and "wealth"!!!
To Speak The Right Language - Here is where I am going with all of this...
Imagine one day that you hail a Taxi and the driver is Chinese and he really doesn't speak any English, just only a couple of words, really not even enough English to have a conversation with you. He only speaks enough English to get you to the Airport where you are going.
So, you are riding in this Chinese Guy's Taxi and he has on the radio a Chinese language radio program that he is enjoying. Suddenly he starts to laugh out loud! Why didn't you laugh also with him?
Think about it - the reason "why" is because you didn't understand what was said in Chinese - right?
You BOTH heard the EXACT SAME THING, but he understood it, and you didn't understand it. He reacted, you didn't react. Why?
Back to the language of money.
Now, lets say that you share a Taxi with another business person, and you are both going to the Airport.
He wants to make a telephone call and asks you if you don't mind if he has it on the speaker phone, since his bluetooth headset is broken. You tell him you don't mind.
He makes his call and starts talking to his Private Banker or Attorney - you're really not sure - and they talk about some financial stuff you really don't understand!!! He also talks about some sort of merger and buy opportunity and other stuff about the market and yield spreads and buy / sell stop losses and on and on! Oh my God my head hurts!!!!!
Your mind starts to wonder and drift over to thinking about your family and then you think about how you need to make the lease payment on your new car, and how excited you are that you just bought a new, larger flat-screen TV and on and on... Pretty soon you don't really even notice or hear the other guy on his phone!
You tuned him out Why??? Just like you had tuned out the Chinese language radio program in the first example! WHY IS THAT???
Because you BOTH speak DIFFERENT LANGUAGES!!!! Get it?!
This is no different than the Chinese Language example - you didn't get the joke because you didn't speak Chinese! You didn't hear a potential financial opportunity because you don't speak "Rich" or "Wealthy". Get it!
This is your wake up call my friend! You have to start learning the language of "rich" and "wealthy" if you want to be "rich or wealthy", just like you would need to learn Chinese if you wanted to live in China!
You need to start thinking in the terms of how a "rich" person thinks and not how you currently think! You need to start thinking about being that rich person. Ask yourself questions, why does that "rich" person do what he does? Why is his decision making process different than mine?
There are some websites and good books on this subject. I encourage you to use your favorite search engine and search the following terms: "How Millionaires really live book". If you never "spoke rich" before, you will find this new knowledge very interesting, perhaps even fascinating.
Do you have to become "fluent" in "rich" or "wealthy" before the RV? No, luckily you do not!
But, you do need to start learning some "words" of "rich" - just like that Chinese Taxi Driver did. He knew just enough words of English to take you to the Airport - you need to do the same with the Money Language!
You are also lucky because you are not alone! After the RV the IQD Team has said that for an unspecified time after the IQD does RV they will hold regularly scheduled conference calls and post even more resources on their website which will assist you in the process of becoming even more familiar with this new "wealth" language!