Getting Rich Your Own Way
New Book From Brian Tracy
The very prolific Brian Tracy has another new book out, "Getting Rich Your Own Way - Achieve All Your Financial Goals Faster Than You Ever Thought Possible". I haven't finished reading the book yet, but I would like to share an extract that I found very moving and inspiring.
"I had a real eye-opening experience some years ago. I was speaking to an audience of about 1,200 people on success. I was telling them that I believed that anybody could be successful if they just did certain things in a certain way. At the break, I was surrounded by about 30 well-dressed men and women who were asking me questions and sharing their own stories. At that moment, a mentally retarded young man who had been sitting in the audience pushed his way through the crowd. He said in a very loud voice, "Mister Tracy. Mister Tracy, can I be a success too?"
I was a bit taken aback. I stood there looking at him while all these people watched me to hear how I was going to answer his question. I didn't exactly know what to tell him. My mind was racing. My credibility and my message, "Anyone can be successful," were being put to the test. Fortunately, he continued speaking. He said, "Mister Tracy, I live in a group home. Mister Tracy, we repair furniture. Every month, I buy a hundred-dollar savings bond. if I continue doing that, will I be a success too?"
As it happened, I had just been reading about how much someone would have to save to become financially independent. I knew that a person who saved $100 per month from the age of 21 to the age of 65 and earned an average return of 10 percent on the savings over that time period would be worth more than a million dollars at retirement. I suddenly realized that the young man, living in a group home, repairing furniture, with no advantages or opportunities, could actually become wealthy. If he just kept saving $100 every month, he would retire wealthier than 95 percent of the population."
To me, this story is about a lot more than just the magic of compound interest (wonderful though that is!). The real magic is in the power of the human spirit.
Have a GREAT day!
The very prolific Brian Tracy has another new book out, "Getting Rich Your Own Way - Achieve All Your Financial Goals Faster Than You Ever Thought Possible". I haven't finished reading the book yet, but I would like to share an extract that I found very moving and inspiring.
"I had a real eye-opening experience some years ago. I was speaking to an audience of about 1,200 people on success. I was telling them that I believed that anybody could be successful if they just did certain things in a certain way. At the break, I was surrounded by about 30 well-dressed men and women who were asking me questions and sharing their own stories. At that moment, a mentally retarded young man who had been sitting in the audience pushed his way through the crowd. He said in a very loud voice, "Mister Tracy. Mister Tracy, can I be a success too?"
I was a bit taken aback. I stood there looking at him while all these people watched me to hear how I was going to answer his question. I didn't exactly know what to tell him. My mind was racing. My credibility and my message, "Anyone can be successful," were being put to the test. Fortunately, he continued speaking. He said, "Mister Tracy, I live in a group home. Mister Tracy, we repair furniture. Every month, I buy a hundred-dollar savings bond. if I continue doing that, will I be a success too?"
As it happened, I had just been reading about how much someone would have to save to become financially independent. I knew that a person who saved $100 per month from the age of 21 to the age of 65 and earned an average return of 10 percent on the savings over that time period would be worth more than a million dollars at retirement. I suddenly realized that the young man, living in a group home, repairing furniture, with no advantages or opportunities, could actually become wealthy. If he just kept saving $100 every month, he would retire wealthier than 95 percent of the population."
To me, this story is about a lot more than just the magic of compound interest (wonderful though that is!). The real magic is in the power of the human spirit.
Have a GREAT day!
posted by Kevin Francis at
6:23 pm
