Sepia Prime Woman Digital Magazine March 2014 | Page 25
PROFITABLY SPEAKING
It Sounds Harder Than It Is
Winfred Burns II
Many people say, building assets is tough,
and several people have asked how to begin.
How does one begin building assets with a
family, a full time job and a life? Great
question! Here is an idea I believe works.
Build assets around fun! That’s right; I
said build assets around fun. Do you know
how I got started doing what I do? I was
asked to teach a class to a group of pregnant
mothers (for free). I was asked to speak for
thirty minutes, but ninety minutes later I was
hooked. The looks on the young ladies’
faces, the feeling of accomplishment,
knowing I had empowered a group of people
who needed to be empowered and educated
but did not have access to the resources and
tools, felt great. I made no money from that
session. I did get a customer at the job I had
at the time, but even if I hadn’t, I LOVED
the experience and had fun. So I kept doing
it for free until I could do it for a fee. Find
what you have fun doing and do that.
Anything can be turned into a
business...anything.
Assets like stocks should not be picked based on
what others say but on what you know. Stocks
and real estate are not short term plays for a
person starting out. Pick what you know. You
know oil and oranges, then invest in the
companies in that sector. Do your homework,
learn about the industry where you have fun,
and build a great asset base on what you
know. You don’t have a lot of money?
Sepia Prime Woman
So what. Buy one share and start there.
Instead of asking for new socks for your
birthday, ask for stock. Instead of toys, ask
for money to purchase shares in your mutual
fund. Instead of 10,000 pair of black
pumps, use your money towards the down
payment on your first rental property or
insurance policy. Build assets one at a time;
it's possible and over time you will be glad
you did.
No matter what industry you choose or
where you start, get started. The road to
building assets can be tough so if you play
and make it as fun as possible, you take
some of the stress and strain out of it.
Remember, this is a total paradigm shift so it
might feel uncomfortable or place you in the
minority with family and friends. Do not
worry about it; at
some point it will all
be worth it and you
will be the gateway
they need to help get
them started, all
because you had
fun.
Walk in Truth,
WBII
Winfred Burns II is a financial coach and
host of the Global Drive Show on The BOLD
Movers Radio Network.
March 2014