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6 Secret and Real ways of creating Wealth
If you read through this ,I guarantee you ,you can easily triple your wealth !!!!!!!!!!!!!!!!!! Give the person money and his true colors will be revealed. What are your true colors? Money is an enormous illusion. Only 4% of money exists on paper, rest 96% is on numbers in computers. Money is also not backed by anything such as gold and is working on trust. Its only intrinsic cost is the paper cost. This system is running because we believe in it. I have seen in life,Money Losers don’t listen to Winners. They tend to take their advice from other Losers. They frequently take their financial advice from well-‐meaning family and friends who do not have complete knowledge. Go see professionals for advice or take it from people who have accomplished the goals that you desire.I remember when I started with few dollars ,I made my first million in 6 months. Creating wealth is really not that difficult . Rich people really do think differently from the poor and even middle-class people. Yes, money does not buy happiness but poverty can’t either. Money has the potential to exponentially increase your happiness, for that you have to be happy before you start making MONEY. The very first important rule is Rule no.1 Have a Mentor: Mentor is a wise and trusted counsellor or teacher. Very few people achieve great success without personal mentors. Here are some important things about mentors you need to know 1. Every successful person has mentors,from Bill gates to Richard Branson. 2. Mentoring is a powerful form of leverage. 3. Mentors don't need to be people (Anything that causes you to Change course in your life can serve as mentor) 5. Constantly seek out mentoring relationships.
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6. Assemble a dream team of your favourite heroes, present and past 7. Set a goal to search out at least one millionaire a month and read about the person eg. Manappuram Gold Loan in India Mr. V.P Nandakumar. Are you aware , to be financially free Money must come from expected sources and you will learn it in this course but money must also come from unexpected sources and you must learn how to expect money from unexpected sources. This happens when you start making money from expected sources and life brings an unexpected fortune. All rich people have made money this way by first making money from expected sources. For this, the art of money magnetism must be learned. Rule no.2 Financial Freedom PASSIVE INCOME
Monthly Passive Income > = 2.5 * (Monthly Expense) Thus, if your monthly expense is Rs.100000 and your monthly passive income is Rs.2,50,000 than you are financially free.
Passive Income
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Passive income is the income to earn which you don’t have to work hard. Weather you work or NOT, this income will keep flowing into your bank accounts for the rest of your life. Different ways of having an assured income and becoming financially are following: 1.Invest in GOLDEN AND SAFE stocks like – ITC ,NESTLE INDIA ,GODREJ CONSUMER ,DABUR INDIA ,GLAOSMITHKLINE CONSUMER INDIA ,MARICO .They will easily multiply your wealth at 30% per year.Also with FDI entering india in Retail sector ,there is going to be boom.These stocks grew 15 % in 2008 stock market crash even when all stocks even TATA stocks fell 70% . 2.Buy properties in excellent locations and refinance them to buy another property to rent it out or to do business in that property.Thereby having two properties in place of one as after few years ,both the properties will increae in price.Remember to buy at good location.When buying property,criteria is LOCATION,LOCATION,LOCATION. 80% of the millionaires are first generation so a new person can create wealth. There are literally millions of millionaires in the world over. Some of these people took Years to accumulate their wealth, some took less than a year, some even less than 90 days. Wealth exists on both physical and mental level. On the physical level, Wealth is often confused with money. Billionaires do not carry billion dollar cash with them. Their wealth lies in assets. So called Money is misunderstood with wealth, money is simply a tool used to transact the exchange of goods and services between people. To other entrepreneurs, it has been described as ‘energy. Money has no intrinsic value except for the paper cost; it is not even backed by anything. Successful people make a subtle change and go after tangible things that money symbolises for:
Investments: Accumulating shares of stock, bonds, Fixed Deposits with banks, Buying GOLD/Silver
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Real Estate: Owning properties in their name. If the money is the issue then employing the Law of Interdependence 3-‐4 persons can buy a property together
Business: Marketing and selling products, services or idea Internet: Unlimited possibilities, Learn internet marketing, SEO-‐Search engine optimization to improve your website rank on Google. An internet home based business can be a great way to manifest money. There is no other medium having as much exposure as the internet. It is the only channel that allows you to connect to anybody and everybody across different nations, continents.
Rule no.3
The power of compound interest Here's how much your money would grow if you make a lump sum (one-‐time) investment and leave it untouched. The interest rate has been assumed to be 10%.
Amount (INR/AED/USD)
Years 100000 200000 300000 400000 500000
5 161,051 322,102 483,153 644,204 805,255
10 259,374 518,748 778,123 1,037,497 1,296,871
15 417,725 835,450 1,253,174 1,670,899 2,088,624
20 672,750 1,345,500 2,018,250 2,691,000 3,363,750
25 1,083,471 2,166,941 3,250,412 4,333,882 5,417,353
30 1,744,940 3,489,880 5,234,821 6,979,761 8,724,701
The real power of compounding comes with time. The earlier you start saving, the more your money can work for you. To attain a certain amount of corpus within a set period of time, a pro-‐active investment
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style is preferable. Thus, no matter how young you are, the sooner you begin saving for the future, the better it is. With time and consistency on your side, investing $45.40 each Month, your earning potential would be: @14% to 16% 10 years: $11,763 to $13,284 20 years: $59,084 to $78,395 30 years: $249,430 to $397,500 36 years: $580,050 to $1,037,017 Now you may spend $49.95 here and there but if you can invest it then just look at the returns. If you are somewhat startled by how simply you can multiply your money, then consider this rather impressive scenario: Instead of saving and Investing $49.95 each month, let’s see what happens when you invest $90.86 A month and it compounds itself at 16% before taxes. In 10 years at 16% you would have $26,583. In 20 years at 16% you would have $156,870. In 31 years at 16% you would have $2,000,955 You can say, I don’t want to wait for so long, but your net income is increasing in the process also and of course time will pass so it is better you are with this power of compound interest rather than with 0 balance after 30 years. Now if you buy one unnecessary item as a liability worth $10000, then you have lost this opportunity to invest it. Then at a modest interest rate of 9% you are losing around $ 300,000 in 40 years not just $10000. This is because money grows still 30 times if you invest for 40 years at compound interest with modest rate and even more at a higher rate Money makers are good at calculations (Rule of 72) especially percentage, multiplication. This is a very powerful secret that most non-‐money makers do not know. This gives them the ability to forecast not only with emotions but with analysis too, so sharpen your skills. Learn to calculate the price of properties, interest rates, and profit percentage.
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Rule no.4 – 80/20 LAW Focus on a few good things, rather than making many investments. 80% of your income comes from 20% of your clients. Focus your attention on those few good sources of revenue .This is Pareto principle by Italian economist. Sometimes lot of options reduces focus. In this world 80% of the wealth is with 20% of people. This is a clear example that most people have strange beliefs with money. Your job is then to organize your workday and your work life so that you spend more and more time doing more of the things that you do best and get the best results from it. This is a master principle, if you apply it in your life then your life is about to change. Don’t argue with people who ask for advice but don’t want the advice you’re giving them. End the discussion immediately and go on minding your own business. Why few businesses find it hard to survive in this world. The reason is simple; they concentrate too much on attracting new customers, and end up ignoring the existing ones. After all, it costs 6 times more to draw a new customer, than to retain an existing one FROM WHERE 80% OF YOUR INCOME COMES.
EX-6
Write down from where is your 80% income coming and how much % attention are you giving and how much more needs to be given to increase your income.
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Rule no.6 Do not reinvent the wheel: Entrepreneurs do not waste half of their life in inventing a new method to earn money. Nothing is invented, when ever there was a necessity on this planet a new method or principle was revealed to us. Entrepreneurs are not inventors but innovative people who find solutions to problems. They follow principles that are hit and innovate and improvise as they go along. The Law of Cause and Effect says that if you do the good things what other successful people do, you will eventually get the same results other successful people get. It is a universal law. The simplest of the easy ways to make money is to copy someone who has a proven track record in making lots of money. Many of these people want to share their success and will mentor you your own success. You don't need to reinvent the wheel, do something that is proven to make money. It is highly effective to copy successful people. Vision Statement: Create a “Vision Statement” for your life and for customers of your product. For example, for many years, the mission of AT&T was to “bring telephone service within the reach of every American.” It took almost one hundred years for AT&T to complete this mission, but the mission never changed until it was achieved. Rule no.6 Speed of execution: The difference between successful entrepreneurs and others is that the former implement and execute their ideas immediately. They start the testing of idea immediately. The longer you wait the more doubt you create and lose confidence on the project. According to research, it is not education, experience, background, networking or intelligence. The critical difference between success and failure is contained in the habit of taking the initiative.
EX-35: Rate yourself out of 10 in the speed of execution. Be a value generator for others People want to extract value, for eg. My salary, my share but if you have to become a successful entrepreneur and really big then instead of becoming value extractor
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you must become value generator i.e. one should create value like entrepreneurs do. So solve people's /customer's problems by new ideas, it will create value. All leading companies and entrepreneur generate value for millions of people and people in return pay them in huge amounts. Create value for others; your value will come to you in millions. Think of any product, Nothing is sold or traded that does not satisfy someone’s problem. So start thinking of solving people’s problems and having a helping nature. If you give a decent structure and a system then this value will come to you in billions. Go out in the world: There is a famous joke about a man, who kept praying every day, “Please God, please, let me win the lottery, oh please years passed, he kept praying, and finally God said, “Hey Mike! Buy a Lottery Ticket!” Go outside and use what you have learnt. I trust you liked the content and knowledge of this books ,see below to know about the person who is called as a God sent Mentor for people. He is a “ Breakthrough Man” who creates breakthroughs in people’s Wealth and Love life. You can also logon to http://www.thetahealing.in to change your life.
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About SUMANT KAUL :
The three brothers Rajan Mittal, Rakesh Mittal & Sunil Mittal were small time businessmen of 400000 dollar in 1995 who are now worth 4.9 billion dollars. Mr. Kaul, Founder IHF also helped them reach this stage.
Mr Sumant Kaul along with Delhi Police Commissioner Mr.Kakkar along with Former Vice Chairman of Congress Seva Dal & famous Gandhian philosopher Navin Bhai Shah, Mr Rajan Bharti Mittal Vice Chairman and Managing Director of Airtel world’s second largest Mobile telecom company (125th richest person along with his brother Mr.Sunil Mittal according to Forbes) inaugurating AIRTEL SHOWROOM in India owned by Mr Kaul founder INTERNATIONAL HEALING FOUNDATION
Mr.S.K.Kaul Founder of International Healing Mr.S.K.Kaul hosting Delhi Police Foundation and Create Wealth through Commissioner
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Mr.Kakkar Law of attraction with Mr.Tommy Erickson at the inauguration launch party of Airtel Mg. Dir of Erickson Telecom Cellular showroom in India. during the dealer Conference Of Mobile phone (2nd largest mobile Dealers in India. Under Hi-Tech Brand owned by Mr.S.K.KAUL, company in the world) which revolutionised the sales of mobile telephones in India, dealers were highly motivated to increase sales and think big.
Mr.S.K.Kaul and his wife Mrs .Neeta Kaul Mr.S.K.Kaul with CEO of BPL with Film star Aditya Pancholi at launch Cellular (now Vodafone) of first BPL franchisee in Maharashtra, India Mr.Samuel Silvakumar during the inauguration of BPL showrooms owned by Mr.S.K.KAUL. This resulted in a mobile boom in Maharashtra bringing other investors in mobile telephony.
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Our Marketing FRONT PAGE ADS WORTH CRORES for Airtel and BPL MOBILE TODAY AS VODAFONE the only 2 succesful Telecom companies in India.Mr.Kaul was the first person in India to give
free Incoming calls in 1998 ,when even the Telecom companies and governmant of India had not hought of free Incoming calls until
2006
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Our showrooms :
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OUR TRAINING AND SEMINARS ALL OVER WORLD
First World Thetahealing Congress, Mr & Mrs.Kaul with Founder of Thetahealing Vianna Stibal along with husband Respected Guy
stibal.
(Left to Right – Founder of Thetahealing Respected Vianna Stibal, Mr.Sumant Kaul Founder International Healing Foundation & Administrator Thetahealing Institute of Knowledge India, Mrs.Neeta Kaul, Respected Guy Stibal (President Rolling Thunder Publication, Goran Karna Thetahealing Serbia & Croatia Representative, Hiro Miyaki Thetahealing Japan)
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A GLIMPSE OF THE VARIOUS CLASSES TAUGHT BY SUMANT KAUL
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