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Having A Wealth Attitude by Dymphna Boholt
Anyway, she tracked me down this morning. She had obviously Googled my name and found my website and tracked me down. And it was interesting to talk to her and really notice her attitudes. We have not spoken for literally 18 years I suppose, and to listen to her talk about what had happened and how she talked about other people really shocked me because her attitude was just so far removed from mine. She had done fairly well. She had gone and bought a news agency, and she and her husband had worked really, really hard. Owning a news agency, you really got to be up at the crack of dawn and they are long hours and they ran two shops and had just recently sold it, which is why she had the time to track me down and say hello. But when we started to talk about people and friends and people we knew and those sort of things, she really had an attitude of anti-wealth, I would call it, and we started to talk about how people were doing and what they had done and how some people have been successful, and just her attitude towards wealth even though - I do not know - she probably made a couple of million of dollars out of the sale of her news agency. Her attitude was very much one of "You have to work really, really hard and put in the hours that are similar to the kind of hours that she had put in and wealth has to come at the detriment of family." She was trying to make decisions about what she was going to do in the future, and in her mind, you could not be wealthy and have a life. You either made the choice to be wealthy and work from daylight until dark and never saw your family and your kids grow up around you without ever having the time to spend with them, and that was the only way that you could be wealthy, and anyone who was wealthy, well that is what they went through. But in reality, it does not have to be like that. And when I started to talk to her about things that I have done and the real estate market and how I had set up the farm here and how by turning the farm into a commercial enterprise, I could afford to have a full time farm manager and a part-time farm hand to maintain the property and look after it and grow my organic vegetables; I am still trying to convince Michael that he should be milking a cow for me in the morning but anyway, I am getting there; but basically maintain my lifestyle by having my commercial enterprise where I sell hydroponic lettuces to support that and pay for it. And I talked to her about some of the other things that I do and how real estate really can be that lifestyle savior. And she just could not get it that it was possible to have wealth and have success and yet still have a lifestyle. She was trying to make decisions on what she was going to do in the future and she was looking at going back into retail because that is what she knew, looking at buying a master franchise of something and bringing it out to Australia, or looking at basically buying a job. And I said to her, "It does not have to be that way", and every time I tried to educate her and help her with respect to how she could potentially use real estate to achieve the kind of lifestyle that she was obviously craving, she just had this resistance of "Oh, although I missed the boom, no good getting into properties now, I have missed the boom." And I said, "Well, hang on a minute." You make money in the market regardless of what the market is doing. It depends on what you do in that market as to what kind of income or passive income or whatever it is that you are chasing comes out of that activity. You do not have to just sit back and rely on an external force like the boom. You create your own property booms while manufacturing growth. But she just could not get her head around that kind of concept and how all she saw was that in her particular area which is North Queensland, there had already been increases in prices and there was no good going in and doing real estate now. She had missed the boat. Well, if that is what she believes, I guess that is right for her. But in reality, there is still a lot of money to be made whatever market you pick. And I said to her, "You do not have to just invest where you live. You could invest in other areas", and immediately, the response was "Oh, but the Mornington, they are no better. They have all had their booms. No point in investing there anymore." But boom is not the only market. Just buying something and sitting and hoping and waiting for it to go up is not the only market out there. There is so much you can do in the real estate market. And there is so much you can have as safety. You have got plenty of money available to get in and make some money and turn it into a passive income. But her reality was not there. She could not see that that was a possibility. And because she only contacted me because I was a friend of hers and not because of my story or what I do or what I teach or any of those other things, she was not prepared to even open herself up to the possibilities of her opportunities and what was available to her. It was really very sad, but it made me start to think about reality, and what you see and what you open yourself to determines what you then in turn see as your reality. In her situation, her reality was "The only way you can be wealthy or have any money at all was to work 24/7", and that is the message that she got from both her parents and her husband's parents, and neither had come from particularly affluent backgrounds and they are probably the most affluent in their family and circle of friends, and the only way that they were able to achieve that was to get out and work really hard. And I congratulate them for it. That is great! But had they had different experiences, had they been able to see other ways of doing things, had they opened themselves up to family and friends and people in the community who had perhaps done it just that little bit differently and maybe had the lifestyle as well as the wealth, then their reality and what could be a reality for them would have been different. The introduction of the internet and cable TV and television and being able to see just how other people lived and what the reality is for people around the world, it broadens your horizons. It broadens your ability to visualize what is possible for you. It broadens your ability to be able to conceptualize what you could do to achieve certain things. I was talking to my PA actually afterwards and I was saying somebody in the Nairobi desert site could never visualize traveling everywhere on an air conditioned motor vehicle or flying around the world or what it feels like the silence of being up in the air in a hot air balloon and the magic of all of the things that we take for granted, or being able to chat to somebody on the internet or on Skype halfway around the world. It is just amazing that someone perhaps living in a humpy in the Nairobi desert and you think about what their reality is, they could never have the reality that we would consider a reality because they cannot see it. They have never had the experience. They have not had the exposure to what is a potential for them. I look at kids that have been adopted out of third world countries and I often think about the difference in those kids with their perception of things is just going to be so massively different. Their reality is so massively different, therefore, what they have in their lives and what they expect in their lives is going to be so massively different. And every time I try to get that idea across to this friend of mine, she kept putting up walls. She kept having the negative responsiveness of "The property market is finished" and "Oh no, I could not do that and it is useless doing that" and "We are just going to have to go back into retail and buy ourselves another job" and et cetera, et cetera. That is exactly what is going to happen because that is her reality. That is all she can see and that is all she is opening herself up to the possibility of seeing. Her husband is Italian or of Italian descent, migrant Italians and I said to her, "Why do not you go and take a year off while your kids are still young and go and spend a year in Italy? Your husband has got family over there. Just hook up with them." Her husband can speak Italian but she cannot. "Go over there and just spend a year." Because she has had some interesting experiences in her life, I said why does not she write a book about it? It would be great. "Do the Italian experience and publish it and you can market it on the internet. You can do all of these stuff." And obviously, I have got a very positive attitude about what is achievable and what you can do and how amazing life can be, and the response was "Oh no. I cannot do that because all the kids are at school. I cannot speak Italian and this and that." There was always a problem. There was always going to be a difficulty in getting out there and achieving and making things happen. It is like your life could just be so different if you let it be. And I guess that is what the message that I want to get across to people today. Just think about your attitudes. Think about how you respond to people. Think about how you respond to wealthy people. Do you have an attitude of the tall poppy syndrome and "Oh, they must be dealing in drugs" or "They must work 24/7" or "They must not have a very good family life" or whatever, just because they are wealthy? Do friends of yours have that kind of attitude? The people that you hang around with, what are you exposing yourself to? What kind of attitudes are you exposing yourself to? When you go to a barbecue, what kind of people do you hang with? Are they the kind of people who are negative? Are they the kind of people who are positive and talk about what they are doing and achieving and making things happen, the great things that are a part of our society? I really want you to take on board just what kind of people you surround yourself with and how that has an impact on you. Does it change your attitude? And I want you to really make a conscious decision to have an attitude of wealth and of appreciation, and if someone is wealthy and they are doing well, say "Fantastic! Good for you! That is so good!" and learn from their experience because there are stuff that they have been through that maybe had gotten them to the point where they are at right now, great! Learn from it. You do not maybe have to go through that same kind of hardship or experience to get to the same kind of result. I just want you to know this. I want you to sit back for a minute and notice. Think about your attitudes. Think about your family's and friends' and mates' attitudes. Think about the environment that you put yourself in and just notice what your attitude to wealth is and what your attitude to success is. And if it needs changing, now is your opportunity to fix it. If it is great, fantastic! There is nothing more infectious than a positive attitude. But likewise, there is nothing more infectious than pessimism and doldrums, and that can bring a whole economy down. Attitude can change economics. Attitude can make a country fall into major depression if everybody thinks that that is what is going to happen; whereas conversely, a positive attitude and a growth attitude and a make-it-happen attitude and a wealth attitude also changes economies. It changes countries. It changes more than you could possibly imagine. So sit back and just have a little bit of a think. That is all for me this week. I will talk to you again next week. Goodbye for now, guys. Dymphna Boholt is an Australian Property Investor and Educator"How I Accumulated $3.5 Million In My First 18 Months Investing In Real Estate" http://realestatesuccess.com.au
Source: Hi everyone. It is Dymphna here. I had an interesting phone call this morning. It was a call completely out of the blue. It came from someone I knew maybe 20 years ago. It was from someone I had spent some time with in my early career when I was working in a distribution business and I was the financial controller for a liquor distribution business. http://www.goarticles.com/cgi-bin/showa.cgi?C=778113
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