Monday, January 18, 2010

The Nouveau Riche

Hello! David J here again bringing you more of the steps on my journey toward financial independence.

As I write this, I have just begun reading a "new" book. Well, new to me - it's been around for a few years: Tim Ferriss's "The Four Hour Work Week".

In the book, Tim refers to "the New Rich". I prefer to say "Nouveau Riche". To me, it feels more traditional. Tradition is important to me and, in the early 21st Century, I suppose that makes me a living anachronism. Today's society has jettisoned much of the tradition and treasured heritage (read: "legacy") of our parents and forebearers.

Note that this is not to be confused with a Multi-Level Marketing (MLM) scheme which goes by the name of "Nouveau Riche 'University'". Any implication that I am in any way associated or aligned with them is absolutely false and incorrect.

Although I've just begun reading "The Four Hour Work Week", I highly recommend it to anyone who is searching for something more in their life: beyond job searches, unemployment, the pursuit of escape from - I'll "invent" a new expression here - middle-class poverty, ... whatever you're seeking, even and especially if you yourself don't even know what you seek.

Sometimes, just being open to new possibilities is enough to bring them forth and into your awareness, and do so in abundance (a variation on "the Law of Attraction").

I wanted to get these thoughts recorded before they could slip away from me. This is based on something I learned from Tony Robbins some years ago: never "leave the scene" of a decision without taking some action toward its fulfillment. I try to never "leave the scene" of a noteworthy thought without making some attempt to record it.

So, even though this post is a bit short, I did want to get it onto the blog right away. I'm very excited to be reading this book. 2009 was such a challenging year and 2010 holds so much hope that I'm really getting pumped up about it!

In the spirit of the book, I'm devoting 80 percent of my efforts to those activities which produce 80 percent of my results. This is based on the Pareto principle which is cited in the book, but which I also learned from one of my adopted mentors, Robert G. Allen (of "Nothing Down" fame). So, these posts will be fewer and further between for a while as I ramp up my income producing efforts.

Check back with this blog every week or so. I'll make it a point to have something to share with you and get it posted by Sunday evening, at the latest.

We'll talk again soon!

Take care - be well!

Much success!