Rohn: 9 Things More Important Than Money

The kind of capital that is worth more than dollars and that can secure your future and fortune

Jim Rohn

We all know the value of having plenty of money, especially as entrepreneurs. But we also know there are people who started enterprises with no money, who went on to make fortunes. So how did they do it? 

Jim Rohn believes there are nine things that are more valuable than capital, things that can lead straight to your success:

1. Time

Time is a treasure—the time you set aside not to be wasted, not to be given away. The time you set aside to be invested in something that brings value to the marketplace with the hope of making a profit, that’s capital time.

How valuable is time? Time properly invested is worth a fortune; time wasted can be devastation. Time invested can perform miracles—so invest yours.

2. Desperation

My friend and mentor Bill Bailey went to Chicago as a teenager after he got out of high school. And the first job he got was as a night janitor. Someone said, "Bill, why would you settle for night janitor?" He said, "Malnutrition." His first job might have been night janitor, but he went on to receive the Horatio Alger award and become rich and powerful—one of the great examples of lifestyle that I know.

Desperation can be a powerful incentive when you say I must. You work at whatever you can possibly get when you get hungry. You go to work somewhere—it doesn't matter where.

3. Determination

I have another friend, Lydia, whose first major investment in her new enterprise was also desperation. She needed to feed her kids—so she invested $1 in something she believed in. That $1 was used to buy a few flyers so she could make a sale at retail, collect the money and then buy the product wholesale to deliver back to the customer.

First Lydia said, "I must find a customer”—desperation. Second she said, "I will find someone before this first day is over"—determination. And sure enough, she found someone. Determination says I will.

4. Courage

If you've only got $1 and a lot of courage, you've got a good future ahead of you. Because humans can do the most incredible things no matter what happens—courage in spite of, not because of, circumstances.

5. Ambition

With courage, Lydia made three or four more sales. And once she got going, ambition took over. She thought, If I can sell three, I can sell 33. If I can sell 33, I can sell 103. Lydia was dazzled by her own dreams of the future.

6. Faith

At this point, Lydia began to believe she had a good product, a good company. And then she started to believe in herself—Lydia, a single mother, two kids, no job. My gosh, I'm going to pull it off! Her self-esteem started to soar.

Faith is an investment that cannot be matched. Money can't touch it. What if you had a million dollars and no faith? You'd be poor. You wouldn't be rich.

7. Ingenuity

The reason Lydia is a millionaire today is because of her ingenuity—she put her brains to work.

Probably up until now, you've put about 1/10 of your brainpower to work. What if you employed the other 9/10? You can't believe what can happen. Humans can come up with the most intriguing things to do.

What's ingenuity worth? A fortune. All you need is a $1 and plenty of ingenuity. Figuring out a way to make it work, make it work, make it work.

8. Heart and Soul

Heart and soul is like the unseen magic that moves people—moves people to make decisions, moves people to act, moves people to respond.

What is a substitute for heart and soul? It's not money, because heart and soul is more valuable than a million dollars. A million dollars without heart and soul? You have no life. You are ineffective.

9. Personality

My mentor Bill Bailey taught me, "You've got to learn to be just as comfortable, Mr. Rohn, whether it is in a little shack in Kentucky having a beer and watching the fights with my friend Winfred, or in a Georgian mansion in Washington, D.C., as the senator's guest."

You've got plenty of personality. You've just got to spruce up and sharpen up it, develop it to where it is effective every day, at home anywhere, no matter who you talk to—whether it is a child or a businessperson, a rich person or a poor person. It makes no difference to you who is rich or who is poor. It’s about the chance to have a unique relationship with whomever. Have the kind of personality that's comfortable, the kind of personality that's never bent out of shape. Move with ease, with charisma and sophistication and humility.

With $1 and this list, the world is yours. It belongs to you, whatever piece of it you desire, whatever development you wish for your life. It’s the kind of capital that is more valuable than money and that can secure your future and fortune. Remember that you lack not the resources.

Article source Rohn: 9 Things More Important Than Money

6 Reasons Why We Fail

I'm sure there's none of you who want to fail in life. Every person hunts for success. We always do. But then why fail?

Unfortunately, some fall into the wilderness where they find themselves in precisely the same issues they were facing years ago. They say any time you expect different results while doing the exact same thing again and again, you are foolish.

Examine yourself. There are many of reasons why you are likely to fail, why you have not tasted success. Truly Rich Club states 6 reasons why we fail.

MATURITY

Don't get busy arguing or debating your opinion against friends who are trying to support you. If you are so negative about some opinions, you are showing them that you're insecure and egoistic. Negativity blurs a person's capacity to think new ideas and attempt to do new things. If your plan will not work the way you wanted it to work, you will then get depressed and you are left with merely failure.

Try to take note of advices. Be mature enough to receive feedback, whether positive or negative, whether relevant or not. Be humble as well. Successful persons are ready to admit that they don't know a lot of things. They actually often point out their weaknesses.

Accept that you don't know everything. I urge you to ask God for wisdom. It's considered a vital key to your success.

LACK OF WISDOM

It isn't just knowledge that will give you success, but you'll have a better opportunity to succeed when you know how to plan.

Planning is preparing your way to success. Have you ever tried travelling for a family trip? Before that special day comes, you study the map on how to get there, plan where to stay and until when, identify nearby recreation parks for family activities and believe that you will enjoy it. Having a complete idea or knowledge of your intentions will help you prepare to achieve it and smoothen out even the complications that come with it.

LACK OF TIME

Do you always think that 24 hours of your time isn't sufficient? Do you consume it wisely? Or perhaps is it being wasted in front of the computer, updating statuses and posting issues of your private life which others need not know of?

Senseless matters on Facebook, Tweeter or other means of social media interactions, don't need to take a lot of your time. These will never contribute to your success nor provide you with an earnest return of your precious time.

Perhaps you are workaholic, a dedicated employee, a grab-all-opportunities guy who can't say "NO" to work given that the pay is appealing. Your life will likely then become stressful and failure to deal with stress faces disappointments. Truly Rich Club doesn't measure success by how much money you make. It is how you live a well-balanced life. Try time management.

COMMITMENT

In whatever you do, be committed. Commitment is a dedication to a plan, an allegiance to a pursuit, a promise to finish something till it bears an outcome. Commitment is the complete opposite of giving up.

Giving up is tantamount to failure. It breaks my heart to see an individual full of promise, give up. Hope has disappeared in their vocabulary and struggle is everywhere. You must discover ways to push yourself and take care of what you have started. Don't ever give up on a dream. We are all potential individuals that can do an extraordinary achievement.

Once you give up, success will never arrive.

FAITH

There exists faith in yourself and faith in God. should have both.

Once your mind believes you can achieve something, there's "Law of Attraction". Positive beliefs about possibilities, attracts the universe in a positive way. Thus, making things work together to accomplish what you believe to happen. Make sense? Truly Rich Club puts it this way… Whenever you think that you have the power to succeed in something, believe as well that there is also a higher power that commands everything to work for you to accomplish it.

FEAR

Have you ever been afraid? Wait…let me rephrase the question… Have you always been afraid? You won't ever go anywhere when you're afraid, when you won't step up and move forward. It isn't a wise tactic to succeed because fear causes us to do nothing. If you are always afraid, then you're always doing nothing, practically nothing.

Exactly what are you afraid of anyway? Is it the fear to fail? Fear that individuals will think that you're different, crazy, stupid? When you won't take action great, you won't be great because the greater the risk, the higher the reward. Take courage. As I have mentioned, you've got a higher power to back you up.

Article Source: 6 Reasons Why We Fail