Resources or Safety Nets?

July 9th, 2009 | 1 Comment |

Safety NetI think it is fair to say that in order to grow or progress in an accelerated rate, one must get into the habit of taking risks. Am I right? Without risk, how can there be victory? How can one experience a win? Think about it. The person who reaches the top of Mount Everest doesn’t do so by not taking risks. The child who is just learning to walk doesn’t learn without the possibility that he might fall and hurt himself. Starting a business involves taking an initial risk right up front and then taking consistent risks on a regular basis. Every decision made has a level of risk to it. The degree of the reward most likely depends on the degree of the risk. The greater the risk the greater the reward.

Have you ever looked at someone who was extremely successful in business and thought that everything must have been as smooth as can be for that person? If you’re in a home based business, have you ever looked at the top income earners and thought, “Man, they just had the money sitting around to get started and everything was so easy for them?” Be honest! I know most of you have. I can tell you this much, you are absolutely wrong. Ninety percent of the time, it was a rough, risky, faith teetering journey for them. I know it was for me!

If you look at starting a business, whether traditional or home based, there are start up costs. Every legitimate business will have costs. Don’t ever expect to get started in your own business without forking out some money. Most people do not, I repeat, do not have the capital to get started. That’s why most people aren’t successful entrepreneurs. There’s risk involved right!? People run at the sound of risk. Well, most people do, but not the successful ones. They step up to the challenge and use what resources they have available to them to get to where they want to be.

A resource is anything of value that can be used or sold, available source of wealth, a new or reserve supply that can be drawn upon when needed.

Most people actually think that they don’t have these so called “resources!” You do! When we got started, we required a good amount of revenue. We were short in income every month as it was, how would David Allred come up with the money? I used my resources. What were my resources? I had stuff! I sold my jeep and made it happen. Did I love my jeep, YES! But what was I more passionate about? My jeep or my goals of financial freedom? My goals of course, so away with the jeep. Later on down the road we decided to take our business to the next level and required more funding. We looked to our resources again and saw that we had credit! What were we more passionate about? Zero debt or our goals of financial freedom? Financial Freedom!

Now, a few days ago I wrote a blog post on what it takes to be a Big Thinker. A Big Thinker has a different outlook than most people when it comes to making things happen. It’s just the way we think. Big Thinkers, leaders and successful entrepreneurs see 401K’s, credit cards, jeeps, cars, homes, savings accounts and banks as part of their own personal resource center. These are all things that we can use to propel our success. Sure, there is risk in using our resources, but what are you going to do, look at them and think to yourself, “Wow, those are some nice resources!” Do you want to set your 401K up on your mantle, all nice and pretty so that one day, one glorious day you can use it in your retirement. I’ve got a much better retirement plan than what a 401k can provide and you should too.

Everyone else views all of these things as their so called “Safety Nets!” These are things to fall back on in case things get worse. So what do they do? They hang on to them, save them, store them, don’t even think of them as being a tool that will move them closer to their dreams. So these resources just sit there, un-resourceful and useless.

So what are these things to you? Are they safety nets or resources?

In my eyes, one day lived passionately following my dreams is better than a thousand days lived wishing I would have! Use the many resources you have to make that happen!

David Allred is the author and creator of CFW. David has been teaching entrepreneur minded people how to earn a full time income working from the comfort of home for nearly a decade.

Think about it. Never miss your kids’ events, set your own schedule, choose your own income and enjoy a lifestyle and income which most people only drool over!

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