Due Diligence

I want you to imagine with me if you will, your sitting in your lounge room on the floor with your legs crossed or in lotus position for those more flexible, you have your eyes closed and breathing in through your nose, out through your mouth nice deep breathes. Now visualise your goals with as much feeling as you can muster, feel how great it will be to have that job, promotion, that level of income, whatever it may be.

However you can visualise all you like but if you take no action, nothing will manifest. The very first action before anything else is Due Diligence, research your dream, what will the cost be? Do I need to learn any new skills. After setting your goals and visualising with feeling, you'll need to do something the universe doesn't suffer laziness very well. Nothing comes from nothing. Those who succeed have the will to do so, they see, feel and know that what they are to achieve will happen.

The wise man Soloman said "a fool believes everything, the wise search out a matter".

Proverbs 14:15-16 [NKJV] The simple believes every word, But the prudent considers well his steps. 

A wise man fears and departs from evil, But a fool rages and is self- confident.

Due Diligence doesn't mean you won't get it wrong sometimes, but it's amazing how things jumped out at you when you go looking, no truer words have ever been spoken than "if it sounds too good to be true, then it probably is". If you look well into a matter the fraudulent, or where the risks outweigh the benefits come to light. If a financial deal offers more returns than normal, or expected be doublely diligent. 

Never let dollar signs get in your way of checking something out, and if you hear a phrase like "you can't tell others what we're doing or this is confidential and has to be kept under wraps", then run my friend as fast as your legs will carry you. Nothing that is above board and ethical needs to be hidden, it can be clearly brought out into the light and examined without fear. Due Diligence will stop you falling prey to scammers and others willing to take your money or your dreams away.

Even an above board deal may not be in your best interest only you can and should decide, get competent professional advice from reliable financial advisors, talk to a good accountant, checkout any laws or government requirements, and access any risk thoroughly, be certain that you are able to handle the risk, so that your not laying awake at night worrying about it.

Effective Due Diligence may not completely protect you from making a poor decision, but at least then you have the peace of mind, that you have done all in your power to protect yourself, your family and your assets and that the dream you have is a plausible possibility or not.

If your dream concerns finances in any way shape or form, get the counsell of a reputable, accountant, financial advisor, make sure you understand completely what they tell you, this is also good due diligence getting the wright advice is critical.

Next time 'More Blessed to give than receive'.

Disclaimer: I am not a certified accountant or financial advisor the opinions expressed on this blog are mine and are presented 'as is' with no guarantee or warrantee of fitness of use for any particular purpose. I accept no responsibility or liability for any loss or benefit that may be incurred should a reader follow any advice given on this blog. You the reader accept full responsibility for any action you undertake and the consequences that may occur as a result of using the information in these blogs.