Wealth Creation: Pointers To Seriously Consider In Order To Become Rich

Sunday, October 11, 2009 | comments

Majority of us have information about almost everything, from relationship to finance including spiritual issues and many more. But the most crucial component to changing is application; beginning to do something about what you have learnt. I strongly believe that each one of us can amass wealth.

Wealth is more than just meeting all your needs; actually it is more than being rich. Wealth is an accumulation of assets. It is investment and capital that can be transferred to the next generation. Creating wealth is not about an inflow of cash and it is also more than having savings in your bank account.

There are three strategies for sustainable wealth creation, first is identifying your personal gifts and putting them into use and thus touching the lives of other people. A wise man once said, “Your gifts will make you to stand before great men and will create room for you.” Room talks about a niche, an edge above your peers.

The second pointer is planting a seed. In order to harvest you must sow a seed. Also for there to be a pregnancy and delivery there must be conception. In business terms, conception is a business idea hence your seed is your concept. Your idea must be planted; you must also believe in your idea and invest in it for it to produce. Your dream will never become a reality as long as it remains a dream. Put your money where your idea is.

Third thing to consider is having strategic alliances. Show me a man who has achieved success and I will show you a person who knows how to develop wise and long term partnerships. Synergy is realized in team work.

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