HOW DO YOU CREATE WEALTH?

A common complain is that – I have been unlucky, I have worked hard all my life – the issue is not about how hard you work but how smart you work!

Have you noticed that the highest paid workers in any establishment are usually those with intellectual specialization? If physical hard work was the yardstick for making money then the field workers and labourers would be the highest paid workers.

Nobody ever gets wealthy on salaries or wages, no matter how highly paid the person is. The wealth must be created by judiciously saving from the salary and then investing e.g. in a business or real estate to create wealth.

Wealth usually does not come overnight, the man you thought became wealthy overnight probably just got his wealth “break” or just “cracked the wealth code” after several months, years or even decades of taking action. People usually notice when you buy the brand new car but do not notice when you were sweating it out on the road to wealth.

To succeed in wealth creation you must be ready to make mistakes and to fail. Failure is almost a necessary ingredient for success in wealth creation. Most wealthy men have failed in many endeavours on their way to wealth. The fact is that we do not usually know when people fail we only hear or know of their successes. Each time you fail in a task, you “learn how not to” do the task.

After several “learn how not to” you will find that you will know how to avoid all the “bad roads” and each road you take will be smooth and you arrive at your destination in record time.

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