You Chan Be Wealthy

By Patric Chan

Who is Patric Chan

Patric Chan is one of those "ordinary people" who is living an
extraordinary lifestyle despite his "interesting" background.
Living on a small island in Asia, never been to a college or
University, having absolutely no network of association and
starting with zero money, Patric is now an international
speaker, best-selling author and entrepreneur.
To help people around the world achieve success, he
specializes in breaking down complex success techniques
and strategies into simple-to-understand concepts that can
be applied instantly to their lives. Other than that, his
success formulas are based on practical methods - not any
'new age' concept.
He has spoken in many countries such as the United States, Malaysia, Singapore,
Australia, the United Kingdom, India, China, Hong Kong, the United Emirates Arab,
Thailand, etc. Patric is also featured in a book with other authors like Brian Tracy,
Robert T. Kiyosaki, T Harv Eker, Zig Zizlar, Tom Hopkins, Suze Orman, and others.
Patric has co-authored Clicking Cash with Robert G. Allen, the New York Times bestselling author of One Minute Millionaire, Multiple Streams of Income, Nothing Down and
Cash In A Flash.
His Success Trace Newsletter, has thousands of subscribers from all around the world;
through this newsletter, Patric shares new valuable success tips and information that
will take the subscribers to the next level of personal improvement.
The WakeUp Millionaire is his latest program.

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DISCLAIMER AND TERMS OF USE AGREEMENT

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OR
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ANY CLAIMS MADE OF ACTUAL EARNINGS OR EXAMPLES OF ACTUAL RESULTS CAN BE
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SINCE THESE FACTORS DIFFER ACCORDING TO INDIVIDUALS, WE CANNOT GUARANTEE
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WORDS AND TERMS OF SIMILAR MEANING IN CONNECTION WITH A DESCRIPTION OF
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FACT NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE ANY RESULTS FROM OUR
IDEAS AND TECHNIQUES IN OUR MATERIAL.
The author and publisher disclaim any warranties (express or implied), merchantability, or fitness for
any particular purpose. The author and publisher shall in no event be held liable to any party for any
direct, indirect, punitive, special, incidental or other consequential damages arising directly or
indirectly from any use of this material, which is provided as is, and without warranties. As
always, the advice of a competent legal, tax, accounting or other professional should be sought. The
author and publisher do not warrant the performance, effectiveness or applicability of any sites listed or
linked to in this ebook.
All links are for information purposes only and are not warranted for content, accuracy or any other
implied or explicit purpose. This ebook is copyrighted by Patric Chan. No part of this may be copied,
or changed in any format, sold, or used in any way other than what is outlined within this transcript
ereport under any circumstances.

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The X Factors of Becoming Wealthy

Im not sure whether you would agree with me
Anybody Chan be wealthy-- whether you are an employee or a business owner
simply because everyone has the ability to create wealth.
If I Chan do it as an ordinary person, you chan do it.
It is an innate ability we are born with, even from the hunter/gatherers days of our
forefathers. At the same time, its a waste that only a handful of people seem to
realize that.
Then there are the ones who seem to have that magic touch to turn anything into
wealth. Their ideas, actions, thoughts, etc. The ones who dont? Watch in envy and
wonder how they do it.
The problem is, people spend too much time chasing after the proverbial secret that
will s o - c a l l e d lead them to the path of wealth.
These are nothing but smoke and mirrors, illusions created by people who dont
know any better. The fact is, there is no a great secret to be wealthy there are
many secrets and when you combine all of them together, youll have the formula to
wealth.
There are methods which must be consistently implemented over a long period of
time to see result and of course, most of them work; no doubt about that.
The challenge is, most people give up before the method can bear fruit or as soon
as they found another more hip method.
Before adopting any method, we must first understand the X factors that
influence wealth.
Using a method without understanding the basic nature of wealth is like putting the
cart before the horse. The whole method will seem meaningless after some time and
you will start to look for something else.
Remember, its not just the methodologies that will bring you the wealth you
seek; but how you use your mindset.
You see, there are factors that people should be aware of to start creating wealth. If
people abide by these factors, I am sure they will be able to achieve their desired goal
to be wealthy or any dream they have
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X Factor #1:
Choosing To Be Wealthy
Firstly, whether people are wealthy or not is a choice. They must CHOOSE to be
wealthy because being wealthy is not a state of being.
It has nothing to do with their circumstances or environment or act of God.
Those things can present obstacles in their path to wealth, but there are ways to
overcome them.
Just because someone is born rich, i t doesnt a l s o m e a n that they can enjoy
their lifestyle for the rest of their lives -- they can lose everything tomorrow. Case in
point, the very famous stock market crash in Wall Street that triggers the great
depression or the dot com burst or the latest down economy.
Likewise, just because people are born poor does not mean they will never be
wealthy in life. How many rags to riches stories have we heard in our lifetimes that
have inspired other people to excel as well?
These are people who made the choice, not only to be wealthy, but ultimately, to
change their lives in spite of the circumstances they were born to or found
themselves in at a certain point of their lives.
They made the choice and took positive actions to achieve their goal.
This may sound like a no brainer but consider this how many actually make the
choice; declare to the world that I choose to be wealthy? Do you?
Majority of people sit and whine about how poor they are and how making ends
meet in this day!
Maybe it is, but have these people considered that they are allowing themselves to be
a victim of their circumstances?
They go along with the daily mechanism of life and hope that things will change.
Well, they can hope and pray until the cows come home but if they dont take the first
step, things will never change.
Just like, you can believe Law of Attraction as much as you like, but that law doesnt
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work by simply believing it will attract there are more to that to learn, my friend.
If you feel that your current job is hard and it is not paying you enough, then
perhaps you want to do something that can make your job easier or negotiate for a
better pay. Worse comes to worse, get a better job.
See? There are things you can do to change things.
Make that choice to be wealthy. Make that conscious decision today and declare it to
the world

I CHOOSE TO BE WEALTHY!
Write it down, if you must. Make it your personal mantra; make this the key focus of
your plans from now on.
Say it the first thing in the morning when you wake up, before you go to sleep, in the
car on the way to work, exercising in the gym, in the shower.
Remind yourself of this everyday even if people start to think that youre weird.
Well, guess what those 5% who are extremely wealthy are weird because they
decide to think and act differently from the ordinary people.
Trust me, once you have taken that first step, you will be amazed at how things can
change for you.
You see, by making that choice, you are no longer the victim of circumstances!
Thats power!
With that realization, you can start to take positive actions to change your life.
And here is where the subconscious mind comes into play -- the subconscious is a
very powerful instrument to help find ways to achieving a goal, without your
personal effort. Therefore when you make a conscious decision to be wealthy, the
subconscious will uncover and make you see opportunities you were previously
oblivious to.
I have an entire book dedicated on this subject called, The Effortless Success and
Wealth.
Heres how it works - opportunities were always there, just that, your
subconscious did not conjure them. You just never considered them because you
were shackled by your mindset that your circumstances do not make those options
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open to you.
But when you decide you want to change things, you want to be wealthy -- your
circumstances are no longer an obstacle for you. You open yourself up to more
possibilities, to an ocean of opportunities waiting for you to dive in.
The study of the human mind is a very interesting subject. The human mind is a
fantastic entity because it will take orders from you and execute it. C a n t find a way?
Dont worry, your mind will find one.
Suppose you want to learn how to swim but you tell your mind that you cant swim,
the pool is too deep and you will drown, do you think you will be able to do it?
But if you decide you are going to learn to swim, then your mind will give you the
confidence to do it. It will help you overcome your fear and in no time, you are
swimming like a fish.
Just ponder on this fact for a while
ANYTHING YOURE SEEING IN THIS WORLD TODAY THAT ARE CREATED OR
INVENTED IS *SOMETHING* SOMEONE SEES BEFORE YOU. BECAUSE IT
STARTS IN THAT PERSONS MIND, IT HAS NOW BECOME A CREATION.
Heres another simpler example
Think of dogs.
Throw one into a pool and it will be paddling about happily even though it has never
been in the water in its life. That is because they dont have our fears of the water.
When they found themselves in an alien environment and automatically found ways
to adapt.
When you open your mind to all possibilities, believe me, it can overcome any
odds.
The same applies for creating wealth. When you decide that you want to
become wealthy, you dont want to continue being a slave to your circumstances,
you mind way will open your eyes to all the ways to achieve your goal.
It could be reading from books, attending courses, picking the brains of
millionaires to get ideas. These are passive actions. They basically help you to chart
the course you want to take to achieve your goal to be wealthy and they lead you to
the active actions.
Active actions can be like starting your own business. Or if you are an employee,
you find ways to contribute more to your company like increasing your output, giving
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ideas to improve business or volunteering yourself for additional tasks, so that your
boss will notice you and give you a raise or a bigger bonus at the end of the year.
If you are in business on your own, think of ways you can increase your profit. It could
be expanding your business or reviewing your strategies to see if there are any areas
you can improve to be more productive.
There are endless possibilities when you set your mind to it. The question is, are
you seeing them and if you do, do you act on them or do you ignore them and carry
on your merry way?

The Universe
Heres another thing I want you to be aware of -There is a higher power at work in our lives and for the purpose of this discussion, I
will call The Universe. If you are a religious person, you may call it God. This is
very difficult to explain in a short report, but just understand that a higher power is
constantly working in our lives.
When you decide to be wealthy, you are using your subconscious mind to send a
signal to the universe which will help you get what you want. This theory is from the
very famous law of attraction. That is why, if you ever want to apply Law of
Attraction, the first step is you have to CHOOSE to be wealthy first!
When you choose to be wealthy, you will suddenly find that you are in the right
environment an environment that supports your goals.
You will also find yourself starting to associate with the right people the people
who have the ability to help you achieve your goal to become wealthy.
Youd probably change friends. Sure, you still hang out with old friends, but you
might be spending more time with people who can teach you to become wealthy.
Again, this is not a sudden change. Youre probably already in the right
environment and had been associating with the right people all this while, i t s just
that you never realized it and dont know how to use them to your advantage.
But when you made the decision to be wealthy, suddenly, you open your eyes to all
these tools that have been available to you all this while.
Therefore, it is easy to be wealthy. Just CHOOSE to be wealthy then you Chan
be wealthy.
--

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However, beware, although this concept is very simple and is easy to execute, it is
just as easy to do nothing about it.
Some people don t choose to be wealthy probably because of past or present
conditioning.
You see, wealth can be associated to pain because to become wealthy, there will be
a considerable amount of work involved. Nobody becomes wealthy by sitting down
and doing nothing. There is always work, in fact, lots of it.
It could be a pain especially if all their friends are not exactly the wealthy
variety -- if they do become wealthy, then they might not get the same treatment
from their friends anymore.
8
Secondly, people are lazy by nature. If there are no strong forces compelling
them to take action, they will never do it. Sure, it would be nice if things can
be different, but considering that things are not so bad now, why take the trouble to
do something to change them?
Deciding to be wealthy is a very big decision, but Im very sure You Chan Do It.
You just need the proper tools, the right mindset

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X Factor #2:
The 5 Characteristics of Wealth
You might have the strategy to become wealthy but if you are lack of the inner
strength for you to make your strategy happen, I doubt youre going to go far.
I believe, there are 5 MAIN characteristics that you MUST have in order to act on and
hold firmly to your decision to become wealthy.
I want clarify at this point that things like Law of Attraction or time management skill
are not characteristics but methods to become wealthy.
Simply put, you must have the right characteristic or attitude in order to implement
the methods effectively.
Just look it this way if you know how to manage your time more efficiently, you will
have more time to plan an effective strategy for optimum wealth creation, right?
Similarly, the law attraction helps you to use your subconscious mind to harness
the power of the universe to help you achieve your goal.
5 main characteristic identified:

1. The Power of Patience

Good things come to those who wait. I think we are all familiar with this
phrase. Patience is a virtue. Some may even call it persistence.
It is better that you realize something now when you make the decision
to be wealthy, its not going to happen overnight. It doesnt work that way.
It could take months, even years for your goal to become wealthy and the one
thing that will ensure that you see it through is PATIENCE!
Just think -- what are you going to do if you are ridiculed or suppressed?
Will you act on your emotions and lash out, or find a way to overcome your
current situation?
By acting
stopping
reacting
situation.

on your emotions, by lashing out on the environment or people

you from achieving your goal to be wealthy means you are
to the situation when you should be acting to overcome the
Be the master of the situation, not be mastered by the situation.

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Patience will help you to tough it out until you can find a way to turn the
situation in your favor.
There will also be times when you have used all the tools at your disposal, you
put in your best effort, made sacrifices, and yet, you are not achieving the
desired results.
I can understand that frustration -- It is only human for you to feel
frustrated or angry when that happens. And its not going to be one time
thing because your breakthrough could be just a step away.
Sometimes, you have to try different combinations of things before finding the
right one to achieve your goal and along the way of your exploration; you pick
up a few tricks that will help you in the future.
If you have patience, you will be able to continue soldiering on until you get
the desired results. Without it, most people will probably throw up their hands
and walk away from their goals because they couldnt bear to face another
setback!
If you ask any multi-millionaire how long it took them to be where they are
today, they will tell you that it took them months, even years!
The point is, if you have patience by the truckloads during the teething
period, then it will not be impossible for you to be where they are
someday.
But if you throw in the towel after just a few setbacks, then you will never get
there.

2. Unstoppable Self-Confidence
Self- confidence also known as believes in what you are doing or having
positive thinking in what you are doing. Self-confidence gives you the strength
to propel you to complete your journey.
Let me put it this way there will be a lot of steps involved in your journey to
wealth. If you dont have the confidence that you are able to walk the path
or you are not confident that this is the right path for you, do you think that you
will even take the first step?
The path to riches is a minefield and littered with the corpses of those who
walk into them. The trigger to set off these mines is fear and the mines
include uncertainty, rejection or failure.
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Fear is an emotion you create. If you have self-confidence, then you will be
able to overcome these fears. Without fears, then the mines will lose their
trigger and you continue your journey to the next level safely.
Of course when I talk about walking the path, it is all happening inside you.
Self-confidence also affects you externally. Have you noticed that certain
people just radiate with a very powerful aura?
Have you ever noticed someone almost immediately and feel a kind of awe
or respect for that person even if you dont know them personally?
These are the people who have a lot of self-confidence.
The other cool thing is, when you have self-confidence, people around you will
notice. How is this going to help you?
Well, for instance, if you plan to achieve wealth by being the CEO of a
company, do you think people will hire you if you appear to be quiet,
mousy or timid?
Of will they be keener towards someone who is confident, an obvious
leader who commands respect from his peers?
Nobody will respect someone who is constantly unable to take decisive
actions or constantly wringing his hands worrying about little things and
neglecting the big picture -- they want someone who can take charge and lead
the pack!

3. Willingness to Spend
If you are a student of wealth and success, then you might be familiar with this
concept:
As much as wed like to retain more income, we must also be willing to
spend.
The word spend in this context can mean anything like investment or
simply giving. But for the purpose of discussion, I will use the word
spend so as not to confuse you.
You must be willing to spend in ALL the following 3 contexts of spending or
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all your efforts will be for naught.

i.

Willing to spend for YOUR DEVELOPMENT

This means investing in YOU!
Who you are is your ultimate creation.
Therefore, if you want to become wealthy, it is only logical that you
should first and foremost be investing in yourself in preparation to
achieving that goal.
Make yourself as perfect as possible. Equip yourself with the right
tools, knowledge and skills through books, courses or seminars in
order to achieve your wealth goal.
Its like paying for tuition fees in college. You will only see the returns
after you have graduated and are gainfully employed, right?
The same as investing in you but the difference is, your growth can be
exponential and remarkable.
But remember this spending to equip yourself with all the
necessary skills will be wasteful if you dont apply what you have
learned to achieve your wealth goal. So make you sure you spend only
on the things relevant to your needs.
Ask yourself this regularly are you willing to spend your money to
learn new things or buy opportunities to help you become wealthy?

ii.

Willing to spend on CHARITY

In the process of creating wealth, we must also remember to spread
some of that wealth to the community.
Whenever you can, make a contribution to your favourite religious
organization, home for the infirmed, orphanage or even a charity drive.
Make an effort to give back to society, to help add value to other
peoples lives.
It really doesnt matter how much or how little you do this. After all,
charity cant be forced, but try to give as much back to the community
as you are comfortable with.
By the way, spending on charity does not mean only in monetary

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terms because it can also be spending your time or energy to

contribute.
Spend a weekend with the old folks or those who are less fortunate.
They will appreciate your company. Or if there is a community
project like sprucing up the local orphanage, why not volunteer your
services?
If you have the means to help others, dont keep it to yourself. Use
it to help others. Give and ye shall receive.
Believe it or not, this is actually harnessing the law of attraction. If you
are able to give money without any restrictions and feel good about it,
then you will attract more money into your life.
And what better way to feel good about spending money than doing
something good for others?

iii.

Willing to spend on YOURSELF

YOU, you have been working very hard to achieve your wealth goal,
so dont you think you deserve to spend some of it on yourself?
Whats the purpose of you wanting to become wealthy in the first
place?
Its so that you can have a better quality of life, isnt it?

Therefore, whats the point of making all that money and yet not
getting to enjoy it?
If you look closely at some millionaires, they are not living a really
happy life and thats because despite being where they are today, they
are still working hard to create more wealth or to sustain their lifestyle
as it currently is.
Its like someone collecting gold coins and keeping them locked in a
vault. Over time the vault will be filled up but still he will not let
himself touch that wealth. He lives like a pauper when in fact, in his
house, is a vault filled with gold coins that will allow him to live like a
king!
What is the purpose of accumulating all these wealth when you dont
get to enjoy the rewards?

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After all, you c a n t take it all with you after you die, can you?
True, you should ensure that the future generations of your family
get to enjoy the wealth. Of course youll want to ensure that your
children all have a secure future after y o u r e gone and that is the
legacy that you can leave for them.
However, remember that for now, it is YOUR money and YOURS to
spend as you wish. If you want to spend it on a dream house, a
dream vacation or that dream car, whats stopping you when you can
afford it?
Upon reaching a milestone in your journey to wealth, why not give
yourself a pat on the back by rewarding yourself with a small gift or
dinner at that fancy restaurant you normally would never consider
dining in?
Im not saying that you should splurge it all away on buying an island
in the Caribbean, just use it to make yourself happy because you
deserve to enjoy the fruits of your labor. Got it?

4. Willingness to Learn
If you are going to be egoistical and think that you can learn all you need to
know to become wealthy without anyones help, then you are making a very
unwise move, my friend.
Willingness to learn is not limited to learning from books, courses or
seminars because you can learn things, useful things, from the most
unexpected sources!
Like, learning
From the poor their resilience in going through their everyday lives with their
limited resources and knowing the value of a dollar.
How does a family of 8 with a minimum wage monthly income get by in a one
room hut and still be happy in their lives?
How do they stretch that income to cover their daily expenses like the kids
education or putting food on the table?
How do they prioritize on what to spend and what to save on?
How each member of the family has contributed to the survival of that family
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unit?
From the old folks they have journeyed long and far. Surely they must
have a treasure throve of experiences to share with you, maybe not
specifically to achieve wealth, but about life in general which can be a
useful tool in your own journey.
From children they may not know about money but surprisingly there are
some things that you can pick up from watching children. Think about the time
a child pesters his parents to buy him a toy. He will continue to ask until his
parents give in. What can you learn from there?
Persistence?
Obviously. The child did stop asking until his parents bought it for him.
Selling techniques? Why not?
How did the child manage to convince his parents to buy the toy for him?
What ways did he use to persuade them? What points did the child uses to
support his argument?
Your neighbour if he is successful and you want to be where he is now,
why not learn from him too?
Look at his lifestyle. How many hours do you think he puts in his business or
his job?
What time does he leave for work every morning and come home at night?
Does he work during weekends too or brings work home?
What kinds of people does he associate with?
His attitudes with the people around him is he friendly or distant?
Youll never know where you can pick some important lessons to becoming
wealthy. Most importantly, by being willing to learn, you open up your mind
to acquiring new knowledge.
Your willingness to learn will also affect your external image.
It shows people that you are a humble person and not ignorant or arrogant
and they will like you more.
Sure, you can try going at it solo. But do you realize, after all the trial and
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error to find the method you are finally comfortable with, you will probably be
50 years old and only half as wealthy as people half your age, simply
because they are willing to let others teach them. Not a smart move dude.

5. Knowing What You Want In Wealth

So you said you want to be wealthy (otherwise, you shouldnt be reading this
ebook). Well exactly how wealthy?
Is it having a million dollars in the bank? Or 5 million dollars? Having a
house, 5 sports cars, country club membership and still money in the
bank?
You have to be specific in order to have a benchmark on what you want to
achieve or else, your goal will be an aimless one dont end up being like
seaweed floating in the vast ocean.
You must be able to tell for certain where you are now and where you
want to be when you achieve your goal (whatever your goal is).
When you get into your car and drive with a destination in mind, I guess you
will be able to plan your journey. You know which road to take, probably
where there will be more or less traffic, the shortest route to your destination,
stuff like that.
But, if you get into your car and drive around aimlessly, well, chances are you
will end up somewhere. No doubt about that. But where exactly?
Will it be a mountain top with a panoramic view of the city below or a seedy
part of town where the possibility of getting mugged is high?
Or worse, will you drive until you run out of gas and be stranded in the middle
of nowhere?
The same thing for creating wealth.
If you have a benchmark for how much wealth you want to achieve, then
you will know when you have reached a milestone or achieved your goal.
You can plan how you want to achieve the goal with more detail like how
much time, effort and resources to put into it.
You will have a start and end point.
Once you have achieved your goal make sure to have a celebration then aim
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for a higher benchmark, another goal.

If however, you dont set a benchmark, then you will keep on working
without a plan!
You could end up being just a wee bit wealthier than when you first started out
or get set back a few bucks because of a wrong plan. Or you can keep on
working until you run out of gas and still declare that you are not wealthy
when in fact, you could be wealthier than when you started!
You wont know.
So these are the 5 characteristics that are important if one wants to be wealthy.
There are many more but these are the 5 that I find most important to charting your
course for wealth.
The first factor is you must choose to be wealthy and second factor is
understanding the 5 characteristics that will help you to achieve your
wealth goal.

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X Factor #3:
The 3 Principles of Wealth
The last X factor is to follow the 3 principles of wealth.
Principles are laws that are unshakable and are universally applied - they will
always work no matter what happens.
Gravity is a principle. Wealth has its own principles too.
These principles have been around for a long time, however, during my recent
intensive research, Ive identified 3 main principles that will help people to
become wealthy and this goes without saying, these are also the 3 principles I
have followed to become wealthy.
So if want to be wealthy, read this last chapter carefully.
They have a big impact on why some people can become wealthy while others
remain poor.
You must always keep these principles in mind in your quest for wealth, or else
there is no guarantee that any strategy you put in place will bear fruit.

Wealth Principle #1: Reaching the Mass

i.

You must be able to reach the masses, or what we call mass critical.
Wealthy people have the resources to reach out to millions of people all
around the world, therefore a large market to sell their products to.
If you want to become wealthy, you must have a product to sell. There is no
two way about that. A product can be something tangible or intangible
an object or a service.
Even Facebook is a product.
A singers product will be his songs, a teachers product will be the service he
provides to impart knowledge to his students, an entrepreneurs product
will be whatever his company is selling. You get the idea, dont you?
But your product will have no value to you if it is left sitting on a shelf!
If no one wants to buy or know of your product, then it is just a useless
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object taking up shelf space, even on the internet. If you have a skill that no
one wants, then youve probably wasted your time learning it up in the first
place. Sorry.
The more people who have access to your product, the money you will
make. Easy as that.
Take a look at actors like Tom Cruise, Leonardo DiCaprio or Angelia Jolie.
Their faces are wanted everywhere.
Advertisers are scrambling to get them to endorse their products.
That is because they have mass appeal and therefore, people are willing to
pay them huge amounts of money to be associated with their products.
Whether Cruise is a good actor or not is another matter. The point is, he is
able to touch millions of people just by appearing in his movies and
endorsing products.
Or what about the late Michael Jackson?
During the peak of his career, he made millions and that income has
sustained him to the day he passed away, lawsuits and scandals
notwithstanding. That is because his music has reached millions worldwide
and the royalties he receives from his songs. Even if he does not hold
another concert, has ensured that he is able to retire comfortably and live the
live he wants.
Look at Amazon.com.

Who does not know about Amazon.com?

The owner, Jeffrey Bezos is making money each time people buy from his
website. Having his store online means that his income is coming in 24
hours a day, 7 days a week and reach, well, millions of people.
Lets have an example of book authors.
Im sure we have all heard of the Harry Porter series. Never mind if we have
never read one single book on the child wizard or watched any of the
movies, but the mention of the name Harry Porter is enough to get
recognition. The author, JK Rowling, became one of the richest women in
England through the book sales ALONE. Can you imagine that?
Therefore, imagine, if you are able to reach the masses, what that will do to
the sales of your product.

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Wealth Principle #2: Speed

ii.

Wealth is attracted to speed. If you are able to think fast, make decisions fast,
generate new ideas fast, then you chan be wealthy.
Time and tide wait for no man (or woman for the matter). If you have an
opportunity in front of you and you do nt do something about it fast, then
someone will come along and scoop it up from right under your nose. And oh
boy, you end up losing an opportunity to make money.
If an angry bull was charging your way, you will run away from it like the
hounds of hell were after you, right?
You certainly wont stand there and debate whether to charge the bull or run
for cover. No ones that stupid.
When an opportunity to make money presents itself, reach out and snap it up!
Dont stand there twiddling your thumbs worrying about whether it is the right
time, right opportunity, right environment, whether you have the financial
resources, if the moon is in the right position in the sky and your dog likes the
idea (OK, Im just kidding about that last one).
Look, opportunities dont come by everyday. If it seems right for you, what
gives? You dont gain anything without taking on a few risks.
Heres another thing - The more you hesitate, the more confused youll be.
Millions of conflicting thoughts would have entered your head by then and you
would have debated the issue over and over again in your head. By the time
you decide, it could be too late. And worst still, most of the time you will
decide not to do it in the end.
Learn to trust your gut. Sometimes when it tells you something is right for you,
it is RIGHT FOR YOU.
Having too much junk info in your head will serve no purpose but to
further confuse you. You should not focus so much of your energy on them!
Look at the CEOs of big companies. Every day, they have to make million
dollar decisions and they must do it fast or else an opportunity might pass
them by. These decisions can make or break their companies.
In a stock market, stock traders must decide fast because stock prices can
change in a blink of an eye.

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If you can complete a job before the set deadline, people will be more
inclined to work with you. If you take your time to complete a job and dont
meet deadlines, you will lose customers and opportunities.
So if you are able to work fast, you will be able to take up more money
making opportunities.

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Wealth Principle #3: Follow A System

iii.

If you have found a system that is making you money, apply it constantly.
Wealth grows over time when it is being piled up so by applying the
system that is already generating income, you are actually duplicating
your earlier results.
If something works for you, of course you will continue using it.
You can always improve on the system over time to get better results.
After all,
practice makes perfect.
The point is there has to be a method in place to create wealth. If you go
in blindly, youll probably end up doing internet marketing today, stock
trading the next month, real estate a few months down the road, doing
MLM the next year you get the picture.
You end up not having a system where you can duplicate your success
from! You want something that you can build a statistic from, something
tangible with proven results, not some fad idea with fluctuating success
rates.
If you have a system that is able to make you $2.00, use it to try to make
$4.00 and so on. You start the momentum from there and very soon you
can start to see yourself accumulating wealth.
Here, I suppose is where fundamental business logic comes into play. All
businesses sell their products at a price higher than their cost to make
profit.
Of course, that will be the purpose of all businesses but do you know that
there is a very precise system in place when they do this?
They have people crunching all the numbers for them. They know what the
highest or lowest price they can sell their product for and so on.
They also have people who design their sales strategies for them in terms
of product cosmetics, product placement, advertising and distribution.
Of course, if you are an individual, you dont have those resources at your
disposal. That makes having a proper system for wealth accumulation that
much more important.
A proper system will also help you track your success rate. From there
you can gauge where you went wrong and fix it or track how close you are
to achieving your wealth goal.

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Final Thought
I have just shared with you the 3 very important factors to become wealthy. Lets
recap here
First you have to decide that you want to become wealthy.
Then you cultivate the 5 characteristics that will help you to carry out that
decision.
Making the decision is just one half of the equation. Without the principles, the
methods are ashes in the wind, easily blown away.
You must also have the principles in place. The principles will help make your
decision iron clad.
Very soon you will find that you are able to accumulate the wealth that you desire
systematically.
As you can see, I d i d n t touch on the strategies because the strategies only
contribute 20% of your success.
Wealth begins with YOU, only when youre ready and have the will to create
personal freedom for yourself, then only youll be able to master the strategies.
As weird as it may sound, youll attract the strategies.

All the best in your pursue to create wealth.

You Chan Be Wealthy!

Patric Chan
Author of You Chan Be Wealthy
P.S: If you like this book, I think youll love reading this letter click here to check
it out.

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