“It’s not about having wealth, it’s about having…



I'm just about to finish "reading" Stephen R. Covey's "The 7 Habits of Highly Effective People" audio book (Unabridged Audio Program).

The 7 Habits of Highly Effective People (Unabridged Audio Program) [Audiobook][Unabridged] (Audio CD) - Available at Amazon.com

Buy from Amazon

You see, I love self improvement, self growth, business books - but I am not a good reader.  Not at all.

I often pick up a book, read the first 20 or so pages, and doesn't finish - do you have this problem, too?  :)

That's why I decided to give audio books a try.  Now I am addicted to them, or this format of learning.

What I do is leave this audio book in my car and in my hour commute daily I would just listen to the program.

I've always wanted to capitalize the time behind wheels, and I've always thought it's a waste of time to be stuck behind wheel.

I am actually amazed at how much I was able to "read" in just 3 short weeks.

Also, being a dad of 2 kids really makes you think about better time management, and how to squeeze more hours out of the 24 given you each day - and using my time wisely behind wheel is one of the ways.

So, in the last CD of the audio program, Stephen said something that was both powerful and profound:

"It's not about having wealth, it's about having the ability to produce wealth."

He talked about the balance between P-PC, or Production, and Production Capability.  Most people get caught up with using their skills to produce, that they neglected sharpening their saw and honing and acquiring new skills.

He also talked about the 4 quadrant of time management which I thought was very interesting and something I can relate to.

Any of your daily activities will fall into one of the quadrants:  Urgent & important, urgent & not important, not urgent & important, and not urgent & not important.

He stresses that as effective people we shall invest time in not urgent & important activities - activities such as exercise, eating right, continuous self improvement, etc.

So why do I bring this up?

You are reading my blog to learn about building passive income because you want to...

- Get out of the rat race,
- Be financially independent,
- Work less and earn more,
- Be free, and
- [Insert your reason here].

You see, these reasons are important to you - but are they truly urgent matters to you?  You will tell yourself, "Oh, what's another day, I've got tomorrow.  I still have a job and secure income so [Insert your reason here] can wait another day."  Then another day becomes another week.  Another week becomes another month.  Another month becomes another year.  And when new year comes around you tell yourself "This is it!  It will happen this year" and nothing happens - you are still the same old you (no, sorry, you are a year older now).

In Chinese, one of my favorite sayings is "狗改不了吃屎" which literally translates to "Dogs won't ever stop eating shit" which really means, "Habits don't change."

Why am I telling you this?

If you are stuck in a rat race, and you are not happy about it - then do something about it!  Start learning and apply what you learn.  Start with my “6 Steps to Starting Your Own 6-Figure Information Product Business” blueprint if you want to build a lifetime of passive income streams.

If you are willing to do what it takes to improve your life then put your name & email below to get started.

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5 Responses to ““It’s not about having wealth, it’s about having…”

  1. Brian Lee Says:

    I love 7 habits! I 1st read it about 15 years ago and I have not yet read a more impacting book.

    I share you interest in his time management quadrants. I make a special effort to tackle my “big rocks” first every day, but it takes constant attention!

    Glad I stopped by your blog.

  2. Michelle Says:

    I’ve got the seven habits in book form and also audio. I started trying to read the book about a week ago but gave up … IMHO not an easy read … however, I’m not giving up, I started the audio version today while I was having some ‘me’ time! Thanks Steven, love the blog and content … hope you get a chance to check out mine sometime.

  3. schang Says:

    Hey Michelle,

    Yeah, I forgot to mention that there are parts of the book that is too academic and dry.

    I agree, not an easy read (or hear, in my case). I did pick up quite a bit here and there though.

    Hey, check out your email subscription box – tried subscribing but it keeps saying “Loading…” after I entered my name & email.

    Is that WP plugin for the email list?

    Thanks!
    Steve

  4. Michelle Says:

    Hi Steve, I’ll have a look at the subscription box and lyk. It’s a WP plugin so maybe I need to look at another? I’ve already had a listen to the audio and you’re right … still a bit hard to ‘get’. I’ll keep plugging away at it.

  5. Michelle Says:

    Hi Steve, thanks for stopping by my site. I’ve fixed up the subscription field on it now and hope it works okay. Pls lmk if you have any problems with it.

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