If you look up a definition for the phrase Man on Means you will find something along the lines of one who is wealthy or has a lot of money. I don’t completely agree with this simplistic explanation.
I take it one step further and say a Man of Means is someone who has the ability and knowledge to create wealth. Someone who is already rich may not have what it takes and someone who doesn’t currently have the money may be well on their way.
So the ability to create wealth is the determining factor, not the fact that you already have it. Wealth can come and go in a flash. The stock market can erase your 401K in an instant. The company you work for could go out of business…or overseas. If you loose your job, your house and car could be next.
In order to be as secure as possible in your future you have to develop the ability to create multiple streams of income. A single source of income can create wealth but it can not create security. You might be rich but you won’t be a man of means….you’ll be a highly paid schmuck one missed paycheck away from the soup kitchen.
The rich and powerful are wealthy for a reason. They think about money and business opportunities differently. This site provides a pretty good discussion of the thought processes and actions that create wealth and many of them are certainly worth adopting.
For developing multiple streams of income and automating the vast majority of the everyday tasks, check out The 4-Hour Workweek by Timothy Ferriss. While I don’t 100% agree with all his ideas and processes it is a very good introduction and overview to online business opportunities.
You Need Options
A man of means can stand to loose one or more sources of income because he, not only has several more producing streams, but more importantly knows how to create more.
Realizing you aren’t what you would like to be, having the initiative to change and believing it can happen are the main obstacles to becoming a Man of Means and Ruling Your Reality.
Now, what will your first income stream be? There will be a certain amount of knowledge you will have to build…I truly believe we learn best through doing, through immersion. So pick a business idea and give it a shot. What is the worst that can happen? It won’t work. Who cares.
I had a mentor in sales that always said he was happy to hear the word NO. Hearing the NO meant that he was that much closer to a YES!
A Man of Means
So, through trial and error you are going to find out for yourself how to create money and wealth. You are going to try this and try that until you find what you are good at and what works. You are going to create multiple streams of income. In the process you will perfect the art of not only picking a successful avenue but of quickly getting that new revenue stream up and producing.
By creating a variety of revenue streams, ou never have to worry about your next paycheck. You never have to worry about the house payment, interest rates or gas prices. You are recession and depression proof. Most importantly your future is firmly in your own hands. You now Rule Your Reality.
Your future is based firmly on the amount of personal effort you wish to expend. When you are able to consistently create multiple streams of production, you will most definitely be a Man of Means.
P.S. – To learn more check out the Timothy Ferriss and his writings. Nothing is a magic wand but this can certainly get you to thinking differently. The 4-Hour Workweek by Timothy Ferriss