“It’s not complicated, really. It’s simply thinking ahead and planning to accomplish what we want. It’s managing your choices according to carefully selected priorities.” I’ll never forget how strategic planning was explained to me. And it has helped me to stay in business and build wealth consistently for 28 years.

Most people don’t plan proactively; instead, they react. They’re the tail being wagged by a dog somewhere, and I want to be the dog – the hammer instead of the nail. So it takes a bit of forethought and time, and also consistency and flexibility. When I studied Organization and Methods – also known as “Work Study,” I learned how engineers and other disciplines use visual planning systems like pert diagrams and flowcharts to and formulate “if this, then that” flows to plan strategically.

Unlike the “true believer” types that believe that their income sources / businesses / business opportunities will last forever, that they will never loose their job or get sick, or for that matter, die, and that nothing will break of change or go wrong or improve or wind down, engineers tend to be objective and analytical. So when they planned to dig a tunnel for the new Evergreen Line Skytrain near where I live, for example, they didn’t expect cave-ins, however I guarantee they had contingency plans for all or at least most eventualities.

Proactive people who make provision for the unexpected and spend more time thinking and planning than running around getting psyched up at rallies and seminars tend to avoid the feast or famine fiasco that most people experience. They align themselves with solid, experienced mentors and support groups that have been where they are and survived, even thrived. They avoid “Financial Planners” and other salespeople and get advice from people who have actually built and maintained wealth, built real businesses, and achieved success in their lives.

If you think I’m just ranting, why is it that only 46% of Canadians own life insurance, while I have it on good authority that we’re all going to die? They can afford it if they reorganize and prioritize their spending habits, believe me. Or they forty-somethings who are idling along through life, waiting for Mom and Dad to shuffle off this mortal coil and leave them a fat inheritance? Then, suddenly, Mom and Dad get divorced, shack up with others who have their own kids, and POOF! Away goes that “promise” of financial ease.

Plan for the unexpected, unwanted, hoped for, unavoidable, and statistically likely / unlikely, and you’re going to enjoy peace of mind, real security, and the knowledge that you are, to some extent at least, in charge of your life and future. Things change. There are four seasons in the year – every year. We get old. Nothing lasts forever. That’s life. The average millionaire has SEVEN sources of income for this very reason. Start today.

Robin Elliott LeverageAdvantage.com