1. GET RICH-QUICK SCHEMES.
How many people have thrown away money, and had their hopes crushed following these schemes? Rule #1… if it sounds too good to be true, and it requires you to send money with promises of wealth without work… it is too good to be true.
2. USE OTHERS.
No person is an island, and to be successful requires a team. Just make sure your teammates will be benefited, and not forgotten when it’s time to reap the rewards. Karma comes back strong!
3. STRIVE OUT OF DESPERATION.
Hard work and sacrifice must come from passion… not desperation. Striving for success out of desperation leads to desperate measures, which clouds good judgement. This leads to doing anything to get ahead… which often ends in disaster and regret.
4. LIE, CHEAT, AND STEAL.
Remember Karma? This should be a no-brainer, but unfortunately… it’s not. Most people are willing to do almost anything immoral for money, believing that wealth will outweigh the consequences. But wealth will never outweigh the loss of your freedom.
5. WILLINGNESS TO DO ANYTHING.
This is in relation to #4… but there are other ways to ‘lose yourself’ that are not illegal. Making connections with the wrong people means you’ll one day be at the mercy of the wrong people. So be careful! Every ‘hand-out’ and ‘personal loan’ is not worth what you’ll have to compromise in the future.
6. JUMP ON FADS.
So many people make this mistake. What’s hot today may not be hot tomorrow. Russell Simmons once turned down a multi-million dollar partnership to sell ‘hockey jerseys’ under his Phat-Farm brand. He didn’t want to tarnish the brand with a fad that wasn’t going to last. How many of the top clothing brands sell ‘hockey jerseys’ today?
7. BREAK THE BANK.
This is simple, but as risk-takers… it’s hard to avoid. DO NOT SPEND YOUR LIFE SAVINGS ON YOUR DREAM! It shows impatience… and the risk is too high. Build your dream slowly, strategically, and wisely. Start with a modest amount of capital, and build that upwards towards your success.
8. WAIT FOR CAPITAL.
Most people never get off the ground because they feel they don’t have enough money to get started. Steve Jobs started Apple out of his parent’s garage… with barely any money! Begin with what you have, and chase your dream!
9. PLACE MONEY ABOVE ALL.
To become successful at anything… you must work hard and sacrifice. But this does not mean placing the pursuit of money above every aspect of your life. Your pursuit of success should not be a detriment to your health, family, spirituality, or your overall decision-making. It’s the blessings of life that make the journey worthwhile.
10. PROFIT WITHOUT VALUE.
Becoming successful at whatever goal you set out to accomplish is great, but what’s even greater is when your customers benefit from your success. The question is… are the products you’re putting out to the world adding value and bringing happiness to people’s lives, or are they harming and destroying people’s lives? This is a decision only you can decide to live with.