‘Are You Ready for Success?’ by John Hurd
John Hurd’s latest ‘e-Wealth Daily’ article is titled “Are You Ready for Success?”. [é-Wealth Daily’Article]
John Hurd’s latest ‘e-Wealth Daily’ article:
Are You Ready for Success?
Most of us know that there are some things we want to be as prepared for as possible.
Got a trip coming up? You want to prepare the right travel documents and get your reservations in order.
Is storm season heading your way? You want to be prepared with an emergency kit and by taking other precautions.
But, what about when your big moneymaking idea finally comes through and you start to achieve the success you’ve been aiming for? Will you be prepared to handle your success?
Prime examples of people unprepared for success are lottery winners. Some simply are overwhelmed by their winnings and make poor decisions that result in their money slipping through their fingers.
Being prepared for success isn’t simply having an understanding of your goals. You have to think of the long term and what could lie ahead in the time after you’ve hit your first target.
Take this scenario as an example: after years of careless spending, a man begins working his way out of debt. With some help, he devises a payment plan that could help him pay off his debts faster than if he were just paying the minimum required amounts. He makes a few sacrifices, but reaches his goal of paying off his debts.
According to his initial goal, he had achieved the success he wanted. But, what would be next? Well, he could go back to his old lifestyle and probably find himself right back where he started.
Or, he could now adjust his goals and use some of the tactics of his repayment plan and turn them into a saving and investment plan. Once you know you have the skills to achieve success, it is important to continue using them.
Take a look at your personal goals today. Ask yourself what you believe lies beyond the time when you achieve success. Start creating a plan that will kick in as you pass your initial goals. By looking beyond where you want to be, you stand a greater chance of going much further than you first hoped.
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