The Profitable Power Of A Simple Idea

If you have ever wanted to be wealthy, or at least have more money than what you currently have, then maybe you should start to focus on what is going on in your mind.

Too many people settle for the idea that they cannot or will not be wealthy because it ‘just isn’t for them’ as if there was some kind of magical force choosing who earns money or not.

Watching other people who have money with dejected eyes, wishing that they could at least have some of that wealth pie.

Well you can.

Wealth is not something which is determined at birth. There is no wealth god who decides who can and will get rich and who won’t.

Wealth is not a ‘thing’ that other people have. 

Wealth is not assigned to… or simply given to other people while you are completely overlooked.

There is no ‘other half’ like the saying implies.

Yes, some people inherit wealth, are born into wealthy families or are given a big hand from wealthy parents, but generally wealth is nothing more than the accumulation of money and items collected through various systems and methods.

‘The most successful letter I wrote…and one of the shortest at two pages of A4…has pulled in over £5 Million so far, and it’s still coming in. I wrote that one way back in 1998 – in an afternoon!’  – John Harrison Streetwise Publications

Read More: HOW TO RETIRE EARLY BY WRITING SIMPLE, EASY-TO-WRITE LETTERS with bonus FREE video training.

Wealth Is A By-Product Of Action…

A Result Of A Good Idea.

The accumulation of wealth is a by-product of action.

Action based on ideas.

The same can be said of the lack of wealth…  the lack of specific action and the repetition of bad action will lead to a lack of wealth… but that’s for another post. 

True wealth is the result of an idea or ideas.

And we all have ideas.

Sometimes all it takes is just one idea… an idea which comes out of nowhere when you least expect it.

That ONE Big Idea… could be all you need to change your financial situation.

But… the idea itself is useless if nothing is done with it.

An idea without action is simply… an idea.

To say that wealth is something that only ‘the other half’ have is doing a big disservice to people like JK Rowling, Roman Abramovich, Paul McCartney, David Beckham, Dr Dre, Stephen King and James Patterson to name a few.

In fact, I would say that it was…

a down right insult.

Those people are very wealthy individuals, but they started with nothing and eventually amassed small to rather large fortunes by doing nothing more than creating systems which filtered wealth to them.

All based on the ideas they had.

They have not done anything which you or I cannot do. They had ‘ideas’ and they took action on those ideas.

Yeah But…! They Are Lucky… Right?

Some might say that luck or talent is involved with some of these people who created products which people like or need, but again that isn’t true.

Luck is not something which just happens, it is something we ALL control… most of the time.

These people learned as much as they could about the systems they wanted to work with, the systems which brought wealth to them. 

They invested in themselves and studied hard. They mastered their crafts and whenever they could, they put their knowledge into action.

JK Rowling, Stepehn King and James Patterson spent years writing, suffering many rejections and setbacks before success came knocking.

Paul McCartney learned how to play the guitar and write songs, Dr Dre spent time writing raps and learned how to produce music. They performed numerous gigs mastering the art of their craft before success came knocking.

David Beckham practiced taking free kicks and penalties while his friends went out having fun. He practiced day and night until he mastered his skills.

Roman Abramovich learned about buying stocks and shares and then invested his spare money until he no longer had to work in the oil fields of Russia. The man is a billionaire who owns/owned the oil company he onced worked for.

Never Give Up!

One of the things which ties this group of people together, and separates them from others – apart from the fact they all acted on their ideas – is that they never gave up. They carried on even when times were hard going.

Stephen King worked as a teacher to earn money while he spent his spare time writing his unpublished books. He kept his rejection letters pinned to the wall, having to swap the pin for a longer nail because of the amount of rejections he was getting.

James Patterson received 30 odd rejections before he had his first short story published. His success is largely down to him self-funding his own TV advert for his first published book because the publishing company wouldn’t. 

Paul McCartney along with his Beatles band mates were famously rejected by Decca records because their music was considered ‘old’… that was before they became the biggest band the world has ever known.

JK Rowling was turned down 12 times for her first Harry Potter book and now look at it… Harry Potter is one of the biggest children’s adventure franchises in the world. Those Harry Potter books have spawned other books too.

JK Rowling also turned her hand to crime writing under the pen name Robert Galbraith, yet after her huge success with several Harry Potter books, the first of her crime books was rejected by publishing houses… until it was leaked that she was the writer and then it became a huge success… or at least, that’s how the story goes.

Whatever their passion or business venture was, these people simply did not give up and allow the thoughts and opinions of others to stop them from doing what they wanted to do. 

They knew they had something to share with the world, they knew what they wanted to happen and they made it happen.

The traditional idea of luck never paid any part in their success. Luck is created, as the saying goes…

“The harder I work, the luckier I get.” – Samuel Goldwyn

These people made their own luck by running with the ideas they had.

Become An Ideas Farmer

People have ideas all the time, they come right out of the blue, when we least expect them. We could be in the shower, sitting on the toilet, driving the car or at work. 

Ideas are flowing to us all the time.

One or several of those ideas could be worth a lot of money to you. If you follow on from the initial idea and take action.

The idea could be to learn a new skill, it could be the idea for a new book, it could be a new business venture, or maybe a website focusing on a specific topic.

Whatever the idea is, it will only stay as an idea until you explore it more.

Write down any ideas that you have and expand them. Go to town and write down EVERYTHING which comes to mind as you think through the idea.

Slowly you will see a plan grow, a plan which you can start to follow. 

Ideas can become very profitable and if you follow through on ideas they can take you to places you probably never dreamed of.

In 1964, the Beatles were already wealthy when Paul McCartney and John Lennon one day sat down to pen a new song. 

In an interview Paul McCartney said, “John would be getting an extension on his house or something, and the joke used to be, ‘Okay! Today let’s write a swimming pool.’ It was great motivation.”

“Then in the next three hours, ‘Help!’ appears from nowhere, you’d suddenly get the idea, this’ll be a hit, this is a good one. You become aware what you were doing was making money. Making good money.”

I love the sentence, ‘Today let’s write a swimming pool.’ To me it shows how powerful an idea is and what taking action can lead to.

An idea is the seed which when nurtured can develop into something beautiful. 

The nurturing process is actively working on it, doing whatever it needs and takes to grow that seed. If one idea doesn’t work, you try a different approach or a completely new idea.

The idea is to not stop and give up.

How To Become A Master Ideas Generator

Ideas, which are the seeds to wealth can be cultivated. 

With a notepad and a pen, sit down and write down all the ideas you have for new business ventures, books, products or services. Whatever they are, however stupid you may think they are, simply write down all the ideas you have.

Read through them and filter out any which on second glance appear to be unlikely to work. Begin to evolve on any which you think can work and carry on until you are left with a few good ones to work with.

To become a master idea generator, spend time each day coming up with a list of 10 new ideas for different things.

Such as:

  • 10 non-fiction book ideas
  • 10 fiction story book ideas
  • 10 website ideas
  • 10 business ideas
  • 10 service ideas
  • 10 physical product ideas
  • 10 life changing social ideas

Spending time thinking up ideas in different fields will help to acustom the brain into seeing and thinking up ideas.

Look around at the things around you and think about how they can be improved or used in different ways. 

Becoming an ideas person can bring in a lot of money, the more ideas you have, the greater chance you have of hitting on a real profitable idea… and the greater chance you have of having several profitable ideas giving you multiple income streams.

Multiple income streams is another secret to wealth accumulation and that is something I shall discuss in another post.

But remember, ideas are only profitable if you take action and make them real. If not…

an idea is nothing more than just an idea.