Are you a trader or investor? Does the art of investing come naturally to you, or do you have the desire to learn all you can from the people have done it before you? Have you ever wished you were an investment whiz kid like Warren Buffett or Peter; and would you give everything just to become successful as these men?
Sayed Mia has mastered the art of business. He not only understands the special characteristics which highly successful investors should and do possess, but he delights in sharing his secret recipe for investing. In the lessons and tips below, Sayed Mia explains to you in detail the basic characteristics possessed by every successful investor.
OWN YOUR OWN BUSINESS
Owning your own business and being captain of your ship so to speak is the first key to being a great investor. You’ve heard the catchphrase, “if you don’t go out and make things happen, you’ll probably end up working for someone who did’?. The truth is that the majority of employees will never be able to achieve the financial and personal freedom that comes from running your own business. This is why approximately 80% of successful people with a high net worth have always mainly earned their keep in a business of their own.
SURROUND YOURSELF WITH LIKE-MINDED AND GOAL ORIENTATED PEOPLE
You are who you surround yourself with. If we think about country clubs, film festivals, business symposiums, and even charity events – what do we almost always attribute them with? Networking.
Successful people maintain their level of networking and relationships by surrounding themselves with the same people. This is not only an incredible mindset to have, but it allows you to experience many wonderful and new opportunities.
MINIMIZE OR EMILINATE YOUR TAXES
This tip isn’t much of a secret, but its sometimes forgotten and is the foundation for a successful investor. There is always much fuss made about the correlation between successful people and their opportunities to invest in offshore strategies. But there really shouldn’t be an issue. If your’e an international businessman, then living an international lifestyle offers you definitive legal strategies with regards to a cut in your taxes and allows you to put that money saved towards building your own wealth, and personal growth.
INVEST IN YOURSELF
This is an important lesson to learn. With great wealth comes a great responsibility, often referred to as the Law of Abundance. Successful people don’t hoard money. They always tend to reinvest it in good ideas, more training, even higher education. They do this because they have an understanding of the true value of money and how each investment fits into their financial plan like a puzzle piece.
TRUST IN PROFESSIONALS
Just as its important to surround yourself with beneficial networking and social people, the same is true for the professionals in your life. A successful investor should always have the esteemed company of at least one good attorney, a trusted accountant, a reliable investment advisor as well as many other professionals.
HAVE A PASSPORT, AND USE IT
No matter where you go, successful investors always travel. Not just within their own country, but to neighbouring countries and around the world. There is always opportunity somewhere in the world, and successful investors chase the dream until they’ve found it. Travelling is part of an investors core; it allows them to have incredible life experiences which keeps them sharp and hungry for more. Having a passport, and using it, is a crucial step in developing the travel bug.