Saturday, 24 May 2008

Convert Your Skills, Knowledge, Passion And Talents Into Cash

Becoming rich in money starts with becoming rich in your thinking. This is the first essential step to becoming a self-made millionaire. Being rich in our thinking is a habit that we can all get ourselves into.

The great philosopher, James Allen wrote more than century ago, "all achievements, whether in the business, intellectual, or spiritual world, are the result of definitely directed thoughts". He also wrote in his classic book, As A Man Thinketh, that "man is the master of thought, the moulder of character, and the maker and shaper of condition, environment, and destiny." I suggest you read that quote again and again until you fully understand it because it is a profoundly powerful message. I believe that the achievements of the entire human civilisation are possible because our forefathers subconsciously believe in that notion.

To put it in more relevant terms, we control our fortune by controlling our thoughts.

Let's see how we can put this philosophy into practice in real life. As Dr Demartini suggested in one of his seminars, we need to think that we are already wealthy. However, that wealth is just in other forms at the moment, such as your skills, knowledge, talents, passion or values.

In order to generate money from the other forms of wealth that we already have, we need to be able to convert them into the form we want, that is cash.

So you ask, "how would you go about converting the other forms of wealth into cash?". For that you need to thoroughly and objectively evaluate yourself first. You need to ask yourself questions like:
  • "what am I good at doing?"
  • "what is unique about me that nobody else have?"
  • "what is my passion or interests?"
  • "what do I know a lot about or are an expert at?"
  • "what do I value most?"
After you find the answers to these questions, you will know what you are capable of doing and in which area you can concentrate on to convert your skills, knowledge or other assets into cash.

Here is a possible scenario: let's say that you found out you are good at talking and expressing yourself in front of other people and have an expert knowledge of psychology. (Remember that these skills and knowledge are already a form of wealth for you - they are your assets)

The million dollar question is: how would you convert good speaking skills and expert knowledge of psychology into wealth? Well my friends, if you look hard enough you will find many potential opportunities! You could become a professional, motivational speaker traveling from state to state, you could become a business coach or a personal development coach, you could write a book, an email newsletter or even a blog about psychology, you could do interviews about it on TV, radio, magazines and the Internet, etc, etc. This is just a brief list of potential opportunities, I'm sure you could add many more to the list if you think about it further.

Once you understand the process, you can easily find ways to convert other forms of wealth into cash.

As you can see, this is a very practical strategy and it is one that could put you on the path to achieving your goals very quickly.

Related article: Free Download: As A Man Thinketh