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Wealth Building For The African American Male

Capital, effort, & Belief

     There are three ingredients to the success of any business.  You must have capital, effort, and belief in order to operate efficiently.  Of the three ingredients, one is more important than all.  Belief in what you are doing is the utmost of importance.  Without it, no amount of money or work will overcome the lack of belief.  The best idea is to try working with people who also believe building businesses and homes is one sure way to accumulate assets.  Belief can move mountains.  Lack of belief, causes division, strife, and poor performances.  Stick with believers.
     Effort.  The number two of importance is the amount of effort you give to your tasks, goals, and projects.  You should become aware of the fact that you are in total charge of how much effort and time you will give to what you are doing.  If you are not as strong in other areas, the test you should be consistently scoring high in every time is the amount of energy and effort you bring to a job or project.  Low energy is contagious.  If you don’t bring 100% energy to your own projects, no one else will either.  Now it might take some time to build your stamina up to 100% effort on a daily basis.  A weightlifter builds muscle over time.  You will have to build your financial muscle the same way.  A strong effort gives your projects a fighting chance.
     Capital.  Last, but not least is capital.  Capital is the missing link most of us try to succeed without.  I will tell you right now, it will not work.  Capital is probably the most misunderstood commodity in business.  The reason I say misunderstood is because it doesn’t stick around long in our neighborhood.  On average one dollar stays a total of 6 hours in our community.  Think about this for a moment.  Okay hold that thought.  Now if a dollar leaves quickly out of our hands in 6 hours, what would happen if it stayed longer?  Like a week?  Maybe a month?  How about a year?
     We do not know exactly what would happen.  What we do know is the community would be better off.  The degree to how much better will depend on how well you used that dollar in your possession.  If we can get your dollar consciousness high, the capacity of your growth is endless.  Yes, you will have to begin with a personal bank.  You must start with a capital base to build anything.  The good news is every single one of you have the opportunity to build with capital.  We will begin at the beginning.