Wealth Building 101: Is your dream big enough?

by Stephanie Valentine on June 15, 2010

Guest Post by Madalyn Ward, DVM

One of the biggest challenges to wealth building is not having big enough dreams. After all wealth building is all about reaching your dreams and mediocre dreams do not inspire enough to motivate action.

I had a session with my Kiyosaki Rich Dad education coach and he made an interesting comment. He said so many of the people he coaches spend way too much time focusing on dreams that aren’t big enough to cause them to do the hard work required to reach them.

Here are some examples of dreams that tend not to inspire consistent wealth building actions:

Get out of debt
Save money for the kid’s college
Have money for retirement
Give more to charity

While all of these dreams are good I don’t see many people missing American Idol to work on them. They are important, worthy dreams but not big and exciting enough to motivate us to do the daily wealth building activities to achieve them.

On the other hand, here are some big, personal dreams that are more likely to stimulate the effort of wealth building:

Own your own farm
Take a year off work and travel around the world
Work entirely from home so you can spend time with your family
Become a professional golfer, rodeo contestant, race car driver, etc.

Big dreams, that are personal, will get you off your butt and into your office, on the computer or out finding business partners or customers. Big, personal dreams burn at your heart and keep you restless until you achieve them. They force you to focus on those boring details you don’t really want to pay attention to. The interesting thing is that when you become the person you need to be and do the things you need to do to realize big dreams often your other dreams happen naturally.

Next time you find yourself restless and unmotivated to improve your life, look at the dreams you have chosen and ask if they are big enough. Do you care enough to reach them. If not, search your heart for dreams big enough for you to take the wealth building actions to reach them.

Madalyn

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