Comments on: The Rules of Wealth http://www.onelittleduck.co.uk/affiliate-marketing/the-rules-of-wealth-210.htm Online blog of Jason Dale, co-director of Loquax. My views on affiliate marketing, running a website and anything else that seems appropriate! Mon, 05 Sep 2011 14:55:23 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Clarke http://www.onelittleduck.co.uk/affiliate-marketing/the-rules-of-wealth-210.htm/comment-page-1/#comment-5509 Clarke Wed, 24 Jan 2007 21:41:39 +0000 http://www.onelittleduck.co.uk/2007/01/the-rules-of-wealth.html#comment-5509 People always tell me I should read this or that book, and they always sound interesting but I am like, I don't read books, I read websites LOL ;) maybe I should. An all round great guy I once had the fortune to meet and work with, a guy called Bo Bennet who inspired me to become more than I ever thought I could be wrote a book (<a href="http://www.yeartosuccess.com/" rel="nofollow">http://www.yeartosuccess.com/</a>), and if it's a true reflection of him then I guess it too will be very good. Certainly the information on the site about it sounds very interesting and I should really get myself a copy ;) Anyway to pick up on the examples you give from the book you have read: <blockquote>if you don’t trust someone don’t do business with them</blockquote> Have to agree, some times you’re tempted to work with the wrong types for the money but it only ends up making more issues. Some people wonder why I turn away so and so Merchant and the answer is simply if I think I can't work with you, then I can't work with you ;) <blockquote>balance work with actually having a lifestyle as well</blockquote> Hard one when you first start building a business, you really need to put lifestyle on hold at the start, however once you do "make it" be sure and not spend too much time on lifestyle and less on working, as that can backfire also. <blockquote>Templar also encourages readers not to get into debt (e.g. don’t spend it before you’ve got it)</blockquote> Always good advice, however not always easy to follow as there is some times where you have to get in to debt such as your first home, this is debt until you have paid it off or sold the house, and then it becomes an investment :) <blockquote>not to flaunt their wealth (once they have it)</blockquote> I don't consider myself to have "wealth" like many people I know who do have "wealth", I certainly have done very well so far by my own criteria. Anyway flaunt is a weird one as just because you can afford a top range car and you buy it doesn’t mean your flaunting it, of course if you drive about shouting “look at me, I am loaded and your a beggar” then that's a different kettle of fish ;) <blockquote>don’t envy what others have</blockquote> Impossible, everyone will always envy other people for something, not always material things. However I think health envy where you think I would like to be like that or have that and work on your own personal goals to get it is a good thing. We have mutual friends who have a lovely place in Portugal, and I think wow what an amazing thing they have for themselves and their family (and special friends) to enjoy. Now I could run out and get a million pound mortgage and have myself one of them but I couldn't afford to fund it and soon find myself in debt.. So yes, I have a bit of envy but purely of the good kind and they are people who deserve fully what they have achieved and should be rightly proud of this achievement but personally think the greater achievement in this day and age is having great kids who are very polite, respectful and nice normal happy kids (even the adult one LOL).. one thing I hope I am managing to do with my son, well actually my wife is the one that’s great at that, I just take the credit from time to time LOL :) <blockquote>and don’t get money by being bad!</blockquote> Well I am not about to rob a bank, however being bad is subjective, for example I promote loans and credit cards on one of my sites. Now some people would say that was bad as I am helping people to get in to debt, where as I don't think it is as you need these things in modern society. And then you have grey areas! Anyway I am no robbing banks for me :) People always tell me I should read this or that book, and they always sound interesting but I am like, I don’t read books, I read websites LOL ;) maybe I should. An all round great guy I once had the fortune to meet and work with, a guy called Bo Bennet who inspired me to become more than I ever thought I could be wrote a book (http://www.yeartosuccess.com/), and if it’s a true reflection of him then I guess it too will be very good. Certainly the information on the site about it sounds very interesting and I should really get myself a copy ;)

Anyway to pick up on the examples you give from the book you have read:

if you don’t trust someone don’t do business with them

Have to agree, some times you’re tempted to work with the wrong types for the money but it only ends up making more issues. Some people wonder why I turn away so and so Merchant and the answer is simply if I think I can’t work with you, then I can’t work with you ;)

balance work with actually having a lifestyle as well

Hard one when you first start building a business, you really need to put lifestyle on hold at the start, however once you do “make it” be sure and not spend too much time on lifestyle and less on working, as that can backfire also.

Templar also encourages readers not to get into debt (e.g. don’t spend it before you’ve got it)

Always good advice, however not always easy to follow as there is some times where you have to get in to debt such as your first home, this is debt until you have paid it off or sold the house, and then it becomes an investment :)

not to flaunt their wealth (once they have it)

I don’t consider myself to have “wealth” like many people I know who do have “wealth”, I certainly have done very well so far by my own criteria. Anyway flaunt is a weird one as just because you can afford a top range car and you buy it doesn’t mean your flaunting it, of course if you drive about shouting “look at me, I am loaded and your a beggar” then that’s a different kettle of fish ;)

don’t envy what others have

Impossible, everyone will always envy other people for something, not always material things. However I think health envy where you think I would like to be like that or have that and work on your own personal goals to get it is a good thing. We have mutual friends who have a lovely place in Portugal, and I think wow what an amazing thing they have for themselves and their family (and special friends) to enjoy. Now I could run out and get a million pound mortgage and have myself one of them but I couldn’t afford to fund it and soon find myself in debt.. So yes, I have a bit of envy but purely of the good kind and they are people who deserve fully what they have achieved and should be rightly proud of this achievement but personally think the greater achievement in this day and age is having great kids who are very polite, respectful and nice normal happy kids (even the adult one LOL).. one thing I hope I am managing to do with my son, well actually my wife is the one that’s great at that, I just take the credit from time to time LOL :)

and don’t get money by being bad!

Well I am not about to rob a bank, however being bad is subjective, for example I promote loans and credit cards on one of my sites. Now some people would say that was bad as I am helping people to get in to debt, where as I don’t think it is as you need these things in modern society. And then you have grey areas! Anyway I am no robbing banks for me :)

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