1. Know Yourself

What do "poor" and "wealthy" mean to you? What programs were you raised on? How did your parents handle money? Do you think that you are a good person if you are rich or if you are poor? Do you give your power away to wealthy people? Do you envy or resent them? How do you treat wealthy people? How do you expect to be treated by them? How do you speak of them? How do you speak of poor people?

2. Beware of Projections and other Personifications

The love of Money is root of all evil… Money is hard to come by... Money keeps on eluding me… Money does not come easy to me… Money does not like me… Money does not grow on trees… Ask yourself: what is money? What is it not? Money is only what I think it is. Similarly for time. Time is only what I think it is. In that sense, time is money!

3. Learn To Speak Its Divine Language

Have you noticed how spiritual is vocabulary that describes money? In God, we trust! Change. Save. Profit. Worth. Value. Asset. Cash Flow. Liquid. Appreciation. Angel Investor. Equity… Notice balance (sheet). Like breathing in: Income. Breathing out: Expenses. In: Assets. Out: Liabilities.

4. Create Space for Something to Change

Gratefulness is key to open Gates of Heaven (Having). When you are grateful, your attention is on what you have, not on what you lack. When you are grateful, you love it all. And then loving what you do brings forth doing what you love.

5. Discern “Expensive” and “Expansive”

The following data is taken from "Going Public" by James B. Arkebauer (1994) and IPO cost website at: http://www.intranet.ca/~tgil/p2.html You should keep in mind that costs vary based upon complexity, size of underwriting and history of private company. The following IPO costs would be reasonable for a company with over $2 million in gross revenues and a 3-5 year operating history. A startup company would pay less than half this estimate to do an IPO. In some cases one or both sources acknowledge a cost listed below, but fail to offer an estimate. In those cases, I've supplied an estimate based upon my IPO experience.

Pre-IPO Costs$300,000 Legal Costs$175,000 Accounting$80,000 Printing & Mailing$100,000 Translation$30,000 Market Prep Costs$90,000 Investment Bankers$50,000 Consultants$50,000 Moody's or S&P$6,000 Blue Sky Fees$20,000 (California only) Transfer Agent$2,000 Mgnt. & Admin.$200,000 SEC Filing Fee$5,000 Taxes$15,000 (Estimated) Total$1,123, 000

Underwriting Costs

The underwriting cost is a function of money raised in IPO. The NASD allows up to 18% in costs. If gross revenue from IPO is $10 million, this is an underwriting cost can be as high as $1.8 million.

Here's how costs breakdown:

Non accountable Expense 3% Accountable Expense 5% Discount 10% The Company insiders are often required to supply IPO buyers. The norm is company insiders’ supply 50% of IPO buyers. I’ve seen ranges of required buying from10% to over 100%. The Client Brokerage Commission is often 5% on IPOs. It’s paid by brokerage firm client and doesn't affect money received by company.

These costs rise by about six percent per year. As long as present Bull Market persists, these costs will continue to rise. There are ways to reduce these costs. I offers one alternative at [http://home.earthlink.net/~beowulfinvestments/]