“Building Wealth” - How Do I Create Lasting Wealth?
June 30, 2009
This is probably the most frequently asked question in the “building wealth” category. I would go as far as to say that if you have not asked yourself this question, then you are probably just reading this article for “kicks,” but definitely not for advice. Are you worth the money you deserve?
I come from a background of extreme wealth & prosperity. I guess you can call me a Generation 2 or 3. Generation 2’s are people who have built wealth with their bare hands, blood, sweat, and tears. Generation 3 are people who have had wealth or connections to wealth passed down to them due to the blood, sweat, and tears of their roots.
Needless to say, when it comes to building wealth, this “young kid” has done his due diligence and I’m more then confident that I can help you understand wealth a little better.
The Most Frequently Asked Questions People have About building Wealth are:
1. How do I create lasting wealth?
2. How can I make enough money to never have to worry about my finances or building wealth again?
3. How can I retire when I want to?
4. How do I make enough money to get what I want out of life?
Frequently asked questions, frequently get the same answers!
You have to become a master “asker.” Here are better questions you should be asking yourself:
1. What is my relationship with money? Do I spend, spend, spend? Do I save money for a rainy day? (If you do save money for a rainy day, stop right now! Those rainy days will keep coming) Do I invest?
2. What habits did I create that are stopping me from achieving wealth?
3. What are my closest friends and family’s relationship with wealth.(believe it or not, building wealth has everything to do with your network)
4. Is it time for me to change?
Let’s answer your 1st question: How do I create lasting wealth? There are 4 parts to this answer:
1. Building wealth never starts in the pockets. Building wealth starts in the mind and is 90% mental: If you can’t see, if you can’t believe it, you can’t achieve it. How much is an hour of your time worth? Do you believe it’s only worth $9 or do you think it’s worth $1,000.
2. Better your best! - Everyday should be better than the day before.
3. Take action everyday. - Don’t get stuck in the learning curve, take action Every single day.
4. Believe, Visualize, Achieve - if you can see it, you can achieve it.
Unfortunately 99% of the world has never gotten these concepts. This gives you a significant advantage over your competition. You are 1 step closer to building the wealth you ultimately want to create.
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