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Success Advice

The One Mistake That’s Sabotaging Your Wealth-Building Journey

Relying solely on saving is not enough to attain true wealth



Image Credit: Midjourney

When it comes to financial planning, the conventional wisdom used to be straightforward: save your money.

Traditionally, parents and grandparents would preach the virtues of stashing away every penny, often recalling the difficult times they endured. While they believed that holding onto money would provide the ultimate protection against unforeseen hardships, it is important to recognize that times have changed. 

In today’s ever-changing world of finance and economics, relying solely on saving is not enough to attain true wealth.

True wealth necessitates more than mere accumulation; it demands strategic financial manoeuvring. It entails understanding the power of investments, the potential of diversification, and the ability to leverage opportunities when they arise. 

It means being aware of the ever-evolving landscape of financial markets and being able to adapt and make informed decisions accordingly.

In this dynamic era, where financial landscapes are constantly shifting, it is vital to broaden our perspective and think beyond conventional saving. By embracing a more expansive and strategic mindset, we can navigate the complexities of today’s financial world and pave the way for long-term financial success and security.

The Changing Face of the Economy

The economy has changed since our parents gave their sage advice. Inflation has become a silent, ever-present force diminishing the value of your hard-earned mo I ney. Increasingly the modest interest rates that are offered by conventional savings accounts, fall short of the average annual inflation rate. 

As a result, although your bank balance may grow nominally, your purchasing power is likely to stay the same or even decline.

In our digital age, with all the technological advancements and global economic shifts happening around us, having a passive approach towards wealth accumulation is like trying to win a race while standing still. It just won’t work.

Understanding the Power of Investment

Nowadays, we have sophisticated investment vehicles at our disposal, allowing us to grow our wealth. One of these vehicles is compound interest, famously referred to as the eighth wonder of the world by Einstein. 

Unlike simple interest, compound interest has the power to snowball, maximising returns over time and substantially increasing wealth.

Take our client, Sarah, for instance. She began with one commercial property and, with the power of compound interest, expanded her empire into a multi-million dollar portfolio. 

This remarkable achievement was not solely by chance; it was a result of well-thought-out decisions, utilising compound interest, and a deep comprehension of the market.

While it’s true that the world of investments comes with pitfalls and risks, some of which can be significant, you can mitigate many potential losses by diversifying your assets and prudently managing risks.

By spreading your investments across different asset classes you can potentially minimise the impact of any single investment’s performance on your overall portfolio. 

Additionally, developing a robust risk management strategy can help protect your capital and optimise your investment returns. 

With a thoughtful and proactive approach, you can navigate the complexities of the investment landscape more effectively and increase the potential for long-term financial success.

“Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t… pays it.” – Albert Einstein

The Golden Goose of Investments

With my extensive experience as a buyer’s agent and investor in the commercial property market, I have had the privilege of uncovering numerous advantages and untapped potential in the dynamic world of commercial real estate. 

Not only does this market present excellent investment opportunities, but it also offers a reliable source of rental income. In contrast to residential properties, commercial tenants typically commit to longer leases, offering a heightened sense of stability and consistent returns. 

Additionally, the value of commercial real estate tends to appreciate steadily, acting as a formidable buffer against the inherent volatility of traditional market investments such as stocks. 

As a result, commercial properties play a pivotal role in a diversified portfolio, providing the much-needed stability and peace of mind that many investors seek.

The Drawbacks of Keeping Cash in the Bank

Storing cash in the bank and regularly checking your bank statement to see a substantial sum can offer a reassuring sense of security. However, historical events have demonstrated that our money may not be as safe as we assume. 

During financial crises and recessions, banks can fail, exposing the vulnerability of our funds and leaving us grappling with uncertainty.

Additionally, there’s another hidden disadvantage to solely keeping cash. By not allowing our money to generate more money, every dormant dollar in your bank account represents a potential missed opportunity for earning passive income. 

It is crucial to take into account the growth potential that can be realised through exploring alternative investment options. These options can leverage the compounding returns, thereby facilitating the creation of substantial wealth over time. 

While seeking security from banks is understandable, it is vital to consider the opportunity cost and explore avenues that enable us to maximise the productivity of our hard-earned money.

Transforming Our Wealth Mindset

The investment landscape can be overwhelming, with countless options, advice, and information to consider, making it challenging to know where to start on the path to financial growth. However, choosing to be paralyzed by these decisions is an expensive choice that can hinder your progress. 

Transitioning from saving to true wealth creation requires a profound mindset shift that propels you towards prosperity and long-term financial security.

By expanding your knowledge and exploring new avenues of wealth creation, you can embrace a more comprehensive approach to financial planning. 

Additionally, it involves cultivating financial literacy and seeking guidance from professionals who specialise in various aspects of wealth management.

Financial freedom and wealth are not distant dreams; they are tangible realities waiting for those willing to evolve their financial strategies and embrace a proactive approach. 

Through my personal experiences, I have witnessed individuals reshape their financial destinies, not solely by luck, but by embracing knowledge, seeking expert guidance, and taking calculated risks.

It’s important to acknowledge that it is not just about collecting wealth; it is about acquiring knowledge and conducting thorough research to make informed financial decisions that shape our economic paths. 

Now, more than ever, is the ideal moment to optimise our potential, abandon outdated financial doctrines, and welcome the dynamic realm of wealth creation through strategic investments. With these actions, we can lay the foundation for a secure financial future.

Mish Daniel, a commercial property investor with over 20 years of experience, is passionate about sharing her knowledge on generating cashflow on autopilot through commercial real estate investing. Her buyers agency firm, Revolve Commercial based in Australia was established to empower individuals to amplify their wealth to ultimately lead the lifestyle they've always aspired to

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Success Advice

Mastering Self-Management for Success: Lessons From Peter F. Drucker

With careers no longer following a straight, predictable path, self-awareness and adaptability are essential for success.



Peter f drucker lessons
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In today’s dynamic professional world, self-management has become increasingly important. With careers no longer following a straight, predictable path, self-awareness and adaptability are essential for success. (more…)

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How to Ignite the Spark Within for Future Success

All of us come to this world with our own reserve of magic unfortunately, not everyone can unleash it



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What is it that makes some people great leaders while others remain followers? What magic do they have that others don’t? What special blessing gives them the power to bring significant change?  (more…)

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How Your Beliefs Can Supercharge or Sabotage Your Success

Your life is dictated by beliefs and biases that drive your thinking, behaviors, and decisions



Your Beliefs Can Supercharge or Sabotage Your Success (1)
Image Credit: Midjourney

Pause for a moment and ponder two pandemic-era beliefs: First, closing schools will control the spread of a serious virus. Second, the consequences of such school closures—particularly social interruption and the prevention of immunity—are worse than becoming sick with the virus. (more…)

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Success Advice

How to Break the Cycles of Mediocrity and Manifest Your Greatness

There is no greatness without becoming and there is no becoming with authenticity



Image Credit: Midjourney

In just a few weeks, we will be wrapping up 2023. Can you believe it? This year has been absolutely incredible for me.

I have seen amazing doors opened, new relationships formed and I am seeing dreams realized in my life. While this seems like the hallmarks of a great year, this has also been the most challenging year of my life. With all of the change happening in my life, I have been forced out of my comfort zone and challenged to grow in every area of my life.

I can truly say that I have made the most of my moments this year and I have used everything as a catalyst for maximizing my greatest potential.

As a revolutionary leader, I have the pleasure of consulting and advising leaders around the world to fulfill purpose, realize their greatest potential and make an impact.

I want to share some insights with you that will help you to break cycles of mediocrity and manifest your greatness

Everything legal must come through the matrix

I am sure that some of you are wondering why I am using the term matrix. However, what you have to understand is that I am trying to make a highly complex spiritual principle practical to understand.

Regardless of your spiritual beliefs, every life has an origin and I believe that origin is divine and begins with eternity. You are birthed from eternity and into time to fulfill a unique purpose and assignment in your lifetime and generation.

The matrix is simply the portal or vehicle that brings something out of the invisible realm and into tangible form. The problem with much of the teaching today is that it excludes the matrix. We are told to believe that success is instantaneous and overnight.

Nobody talks about how a dream progresses through stages beginning with visualization and ultimately culminating in manifestation. Without a matrix or portal then everything that you attempt to birth and build will be illegal.

The matrix not only makes you legal but it gives you the authority and power to function as the greatest expression of who you were created to be. 

Every matrix has an incubation process

While many people admire and respect me today, I remember a time when nobody knew who I was or the significance of my message. How did I get to where I am today? I got here through an incubation process.

In other words, everything that has been destined for your life is incubating and awaiting a set time of manifestation. The problem is that most people live their entire lives idle and never initiate the incubation process.

What do I meany by that? Most people are living reckless and very few people are living intentionally. I am amazed at the number of people I have conversations with that have no vision, goals or strategies for their lives. They show great promise and they have undeniable potential.

However, without development they will die with their dreams still in them.

Everything that has been destined for your life must be incubated and converted to become realities born to time. 

“Visualize this thing that you want, see it, feel it, believe in it. Make your mental blueprint and begin to build.” – Robert Collier

You must give expression to that which is not yet born to time

When you think about a matrix or a prophetic incubation process, you have to understand that potential is often unrealized and untapped. In other words, your potential is in raw form and your potential cannot serve you as long as it is untapped.

The thing that makes me valuable is that I have the ability to convert potential into power. I have done it in my own life and I have empowered leaders around the world to do the same. How do you convert potential into power?

First, it is important to note that you have to perceive potential. If you cannot perceive your potential then you can never cultivate your potential. In addition, you must take the time to cultivate your potential. We often get excited about our capabilities; however, we never expand our capacity in order to realize our greatest potential.

In other words, the strength of your potential is only discovered through your willingness to stretch. The more we are challenged the more we are empowered to expand our capacity for greatness. Most of all, you must begin to express your potential. The expression of potential is different for every person.

For example, the expression of my potential is best demonstrated through the thoughts, ideas, products, services, books, etc.

For another person the expression of potential may look like a screenplay, artwork, sports, scientific discoveries, medical breakthroughs, etc.

Regardless of the form of expression, I know that you will live empty and unfulfilled until you make the decision to express your potential. The expression of your potential gives voice to your dreams, life to your vision, significance to your moments and activates your true power.

You must manifest your greatness

As a revolutionary thinker and leader, my work has impacted people around the world. I am grateful that my life is a source of empowerment to so many people. However, before anyone could ever benefit from my life, I had to make a non-negotiable decision to become who I was born to be.

I wish I could tell you that this journey is easy and that you will get there overnight. However, in a world that celebrates us for doing we are often criticized for being. As a result, I wasted a lot of time trying to be who other people wanted me to be instead of being who I was born to be.

There is no greatness without becoming and there is no becoming with authenticity. It is through our bravery to be vulnerable that we ultimately manifest our greatness. We do not bless the world by being a duplicate. We bless the world when we honor our difference. When you honor your difference you honor your potential.

Ultimately, your difference is how you manifest your greatness.

When you present anything but your authentic self to the world, you are playing small and you are robbing the world of your significance. Manifesting your greatness requires you to master your gifts.

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