Encouraging entrepreneurial success on Saipan, Tinian and Rota, CNMI*!

*Commonwealth of the Northern Mariana Islands, a US territory.

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When Spinning Wheels Touch Ground


The only way to take control of your life, raise your standard of living and move beyond merely surviving is to create your own unique product or service that you offer to increasing numbers of people in exchange for the things of value that you desire. This simple formula applies to countries as well as people. A self-sufficient economy has its own products or services of value to export to the world. Similarly, a self-sufficient individual has something of value to exchange in the global marketplace. That thing of value is based on your natural talent, skill, or interest—in other words, your passion!

 

In Robert Kiyosaki's Retire Young Retire Rich, he outlines the 10 year plan he and his wife, Kim, followed to be able to retire with passive income in the tens and hundreds of thousands of dollars monthly. Their secret: rather than work for a paycheck, they spent their days building assets. Even when they had to live in their car for three weeks, they never gave in to the temptation to follow their friends' admonitions and "get a real job!" In their case, the assets they chose to focus on instead were businesses ventures and real estate in the form of rental property.

Kiyosakis states, "The trouble with working at a job for money is that you have to start over selling your labor each and every morning. In most cases, your labor has no long-term residual value, if you are working for money. On top of that, if you are working for money, then your earning potential is limited. If you work slowly acquiring assets (businesses, products, paper assets, rental property real estate), your income potential is infinite and that income can be passed on for generations to come. Your job or profession is not something you can pass on in your will to your children."

Often, as you follow the passion path to freedom, there'll be times you feel that you're just spinning your wheels because you don't immediately see the fruits of your labor. Once you're operating outside the box of conventional thinking, you'll find that few people will understand the sacrifice you're making in the short term in order to have freedom and real security in the long term.

       However, there'll come a moment when your revving car with its spinning wheels will finall touches down on the road and you’ll speed off towards your envisioned future! Keep building!

 

When Spinning Wheels Touch Ground

We'll burst out of the gate 


and shock them all and win the race! 


and all their doubts and digs 


with awe we'll instantly replace!

 

They'll call our meteoric rise

an "overnight success" 


They won't see all the sacrifice 


or months and years of stress

 

The speeds that we'll attain 


and yes, the distances we'll reach 


will leave observers guessing 


and the critics without speech

 

With mikes and cameras rolling 


and the spotlight in our eye 


They'll ask, "So what's your secret???" 


and to this we will reply:

 

Been busy building assets 


'stead of looking for a job 


Not happy chasing paychecks 


so our time no one can rob

 

Preferred pursuing passion 


even if we worked for free

In time the time invested 


will pay dividends, you see

 

While revving, others passed us 


Felt like losers, but we found 


We made up for it all in time 


once spinning wheels touched ground!

 

 So, to all my entrepreneurial friends and those pursuing their passions who feel the same way: Stay focused on your dream! The time you're spending in "creation mode" is an investment in your future. You may not be seeing any immediate rewards, but don't give in to the pressure to conform and run someone else's race. You're on the right track. You'll soon kick up some dust when your wheels touch ground! See you at the finish line!

 

Note: Fans and followers of the book, Jamaican on Saipan by Walt Goodridge, may order a copy on jamaicanonsaipan.com.

 

Note: Ever wanted to direct your friends and family to a set of websites that revealed the best things about Saipan? Do what I do: send them to www.bestofsaipan.com!

 

Until next week, remember, success is a journey, not a destination!--Walt

Send article suggestions, entrepreneur nominations and feedback about this article to walt@passionprofit.comWalt F.J. Goodridge is author of 16  books including Turn Your Passion Into Profit. Walt offers coaching and workshops to help people pursue and profit from their passions. Originally from the island of Jamaica, Walt has grown several successful businesses in the US, and now makes his home here on Saipan. To learn more, visit www.passionprofit.com and follow Walt on Twitter (waltonsaipan)

 

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WHERE IS SAIPAN?

where is saipan

Located in the western pacific, a short flight from Guam and 3 hours from Japan, the Commonwealth of the Northern Mariana Islands (CNMI) is a popular tourist destination rich in history, culture and natural resources. Saipan, just 5 miles wide by 12 miles long, is the largest and most populated of the 14 islands making up an archipelago that stretches 400 miles (north to south) along the edge of the Marianas Trench.

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