(originally published April 7th, 2005)<\/p>\n
I want to share something with you; I don\u00e2\u20ac\u2122t have to, but I want to. In four years, I will<\/b><\/font> be generating $50,000 a year in passive income.<\/p>\n That looks like a very bold statement, but there\u00e2\u20ac\u2122s reasons for it, and how I\u00e2\u20ac\u2122ve said it.<\/p>\n One, I\u00e2\u20ac\u2122ve calculated how much I want to have coming in where I\u00e2\u20ac\u2122m not doing much work, if any at all. If I can generate at least that much, it\u00e2\u20ac\u2122ll leave me lots of time to do many of the other things I want to do. I could have set a higher goal, but this one is fine; I still expect to be making money doing many other things.<\/p>\n Two, when you set a goal, you have to put a time frame on it, otherwise you have no impetus to even begin working towards it. Once you have the goal, you can put plans into place to get to that goal.<\/p>\n Three, as Yoda said, \u00e2\u20ac\u0153Don\u00e2\u20ac\u2122t try, do.\u00e2\u20ac\u009d When you say \u00e2\u20ac\u0153I\u00e2\u20ac\u2122ll try to do it\u00e2\u20ac\u009d, you\u00e2\u20ac\u2122re already giving yourself an \u00e2\u20ac\u0153out\u00e2\u20ac\u009d if you don\u00e2\u20ac\u2122t achieve what you want to achieve. America isn\u00e2\u20ac\u2122t the kind of country that honors \u00e2\u20ac\u0153try\u00e2\u20ac\u009d all that much. If you believe it is, who remembers all the second place finishers in most sports or other contests, other than the participants and their fans? This isn\u00e2\u20ac\u2122t saying that if you don\u00e2\u20ac\u2122t reach your ultimate goals that you\u00e2\u20ac\u2122re not a success; it says that if your mindset is totally positive, you have a much better chance of succeeding than if you hold onto those doubts as to whether you can achieve them or not.<\/p>\n Everyone wants something. Sometimes it\u00e2\u20ac\u2122s easy; sometimes, it takes some serious thought. Once you decide what you want, you need to make plans on how to achieve it. Once you\u00e2\u20ac\u2122ve done that, you must believe you will do it. It helps to have others believe you also, but if you don\u00e2\u20ac\u2122t believe it fully yourself, it\u00e2\u20ac\u2122s meaningless.<\/p>\n","protected":false},"excerpt":{"rendered":" (originally published April 7th, 2005) I want to share something with you; I don\u00e2\u20ac\u2122t have to, but I want to. In four years, I will be generating $50,000 a year in passive income. That looks like a very bold statement, but there\u00e2\u20ac\u2122s reasons for it, and how I\u00e2\u20ac\u2122ve said it. One, I\u00e2\u20ac\u2122ve calculated how much […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65","post","type-post","status-publish","format-standard","hentry","category-motivation"],"_links":{"self":[{"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/posts\/65","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/comments?post=65"}],"version-history":[{"count":0,"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/posts\/65\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/media?parent=65"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/categories?post=65"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ttmitchellconsulting.com\/Mitchblog\/wp-json\/wp\/v2\/tags?post=65"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}