John Wiley & Sons - Automatic Wealth - The Six Steps to Financial Independence


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BOCA’S STORY: AN UNEXPECTED LESSON

IN AUTOMATIC WEALTH

My jiujitsu instructor, Boca, taught me a new grappling technique. It

took most of an hour to learn—drilling over and over again. Boca


understands, as all good teachers do, the difference between compre-

hending a skill and possessing one. Until this technique becomes an


automatic, effortless response, it is useless. So even after I told him,

“I’ve got it,” he made me repeat the move . . . 10 times to the right

side, 10 times to the left side . . . back and forth and then in training.

I was dripping sweat, heart pounding, lungs heaving—mentally and


physically spent. Boca, on the other hand, looked like he’d been loung-

ing the whole hour—not a hair out of place. While I caught my breath,


Boca leaned back against a wall mat, smiling at me. “Hey, Michael,” he

said, “what is a good work for me to make a lot of money?”

“Like how much money?” I asked.

“Like you, my friend. I want to be rich, like you!”

Boca’s English isn’t perfect, but he gets his point across perfectly

well. He is 30 years old, he reminded me. He has only two or three

years left to fight professionally. “Now is my time to look around,” he

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said, cupping his hands around his eyes like binoculars, “to see what

there is for later on.”

Why Learning How to Build Wealth Is Like Learning Jiujitsu

I like Boca so much as a teacher and as a friend that I want to give him

the secret of getting rich in a single one-hour lesson. But I can’t. I can

explain a few concepts. I can even tell him, in an abbreviated way,

what I consider to be the most important things he must do. But an

hour’s worth of talk won’t make him wealthy, any more than a single

hour of jiujitsu with him will make me a black-belt grappler.


But what could I do? I told him a little bit about the six-step Auto-

matic Wealth program I had developed and mentioned that I would


give him a copy of the book I was writing—this book—as soon as it

was published. Meanwhile, I challenged him to think about wealth

building like jiujitsu.

“You are a great teacher,” I told him. “In a single hour, you can


teach me many things. You can teach me your best takedown tech-

nique, your favorite choke, the latest arm bar or footlock. You can do


all that and probably even tell me some of your top ‘secrets’ about

being successful at jiujitsu, too.”

“But for that I must charge you a lot of money.” (He was smiling.)

“Yes, you would. And you should. But if you gave me such a class,

and I paid you whatever you asked for it, would you then give me a

black belt?”

“Well, no, my friend. You get the black belt only when you can

do.”

“And to be able to do . . . to be able to defeat white belts and blue

belts and purple belts and even brown belts . . . what must I do?”

“You must practice, my friend. For that, you must practice.”

Becoming Wealthy Takes Time—but Not as Much Time as You Think

Boca had arrived at the point I was trying to make. Becoming wealthy

is not about discovering some secret or stumbling upon a pot of gold.

You won’t get rich by playing the lotto or even searching for that

thousand-to-one Internet stock. Becoming wealthy is a matter of

planning and practice, of setting specific goals and pursuing those goals

with specific actions. Changing into an automatic wealth builder is

about changing habits . . . and changing habits takes time.

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