THE WEALTH MYTH
Advice on how to get rich is everywhere. "Start a business", "Create
passive income", "options trading", "property investment", "buy low,
sell  high","sell high, buy low"... Until we know our personal path to
wealth, it's all just noise. Or worse, we may follow our path and then
veer off... You make your money in business, and then lose it all on
the stock market. Spend years working for others, and then lose your
savings trying to start up on your own business...
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THE WEALTH PARADOX
As we generate cash through our lives, we all face the WEALTH PARADOX.
What is the Wealth Paradox?
The Wealth Paradox is: The more money you have, the more opportunities you have to lose it.
Money will always fall or rise to the level of your wealth. We've all
heard of people winning the lottery or an inheritance and then blowing
it spectacularly. If most of us were given $1m tomorrow, most of us
would have lost a significant portion of it within a year. Why? Because
we would spend much of it, and what we invest we would invest in the
wrong place, in the wrong way, at the wrong time. Yes, this does mean
we are destined to keep seeing whatever money we make drain away -
until it reaches the level of our WEALTH. Conversely, you can take away
all the money of a truly WEALTHY person, and you will find they have
made the money back again often in a totally unreasonably short period
of time. Money will always rise or lower to your level of wealth.
Truly wealthy people have something
called attraction. They have invested their TIME in the components of
wealth: Their wealth network (the people they know), their financial
fitness (knowing how to play the game), and clarity of their path (we
all have a path of least resistance). The wealthy didn't get wealthy by
investing their money, they got wealthy by investing their time. They
invested their time on building these three components. When a wealthy
person loses all their money, they haven't lost their network, mindset
or clarity, and these make it increasingly easy for them to turn the
money tap straight back on again.
THE WEALTH EQUATION by Roger Hamilton
All wealth is built from a basic equation: WEALTH = VALUE x LEVERAGE
Think of a river. Many think the river is the water, but how can it be
if the water you see that makes up the river has disappeared down the
river the very next moment! The water flow is a result of two aspects
of the river. One is the height (which controls the speed) and the
second is the width and depth (which controls the volume). All money
flow is determined by wealth in the same way. Money will only flow
where there is a value difference - it will always flow from high value
to low value. So value is the height. The volume of flow at any moment
is as a result of the leverage: Leverage is the width of the river.
Believe it or not, every single wealthy person on this planet has
created money flow by creating value, and leveraging it. Sounds
simple... but the challenge is that people appear to have made their
wealth in different ways. They have - but only in one of eight
different ways. These eight ways are as a result of the way in which
they naturally create value and leverage it. This is the basis of
Wealth Dynamics.
THE OPPOSITES OF THE EQUATION
VALUE
There are two opposites to how value is created. This is based on the way that your thinking brain is naturally oriented:
1. Some of us have a tendency towards high frequency 'intuitive'
thinking. We will create value through the first of the opposites: INNOVATION. The value is in something new - faster, smaller, bigger, cheaper, better, etc.
2. Some of us have a tendency towards low frequency 'sensory' thinking. We will create value through the other opposite: TIMING. The value is in time - why innovate when you know when to buy and when to sell?
LEVERAGE
There are also two opposites to how we leverage. This is based on our
action dynamic - the way we naturally translate our thinking into
action:
1. Some of us have an internal action dynamic, where we will rely more
on systems and numbers to interpret and act. We will leverage by being
able to answer the question "How can this happen without me" and to
leverage we: MULTIPLY.
2. Some of us have an external action dynamic, where we will rely more
on people and communication to interpret and act. We will leverage by
being able to answer the question "How can this only happen with me"
and to leverage we: MAGNIFY.
These four opposites make up the four sides of the Wealth Dynamics Square.
THE EIGHT WEALTH PROFILES
In summary and without any explanation, here are the eight wealth
profiles that create value and leverage in unique combinations:
THE CREATOR
Wealth from products: Examples include Bill Gates, Richard Branson, Walt Disney
THE STAR
Wealth from their personal brand: Examples include Michael Jordan, Michael Jackson, Michael Schumache and one not called Michael, Oprah Winfrey
THE SUPPORTER
Wealth from leadership: Examples include Jack Welch, Steve Balmer, Steve Case
THE DEAL MAKER
Wealth from the deal: Examples include Donald Trump, Rupert Murdoch, Li Ka Shing, David Geffen
THE TRADER
Wealth from trades: Examples include George Soros, Kirk Kerkorian
THE ACCUMULATOR
Wealth from appreciation: Examples include Warren Buffett, Paul Allen
THE LORD
Wealth from cashflow: Examples include John D Rockefeller, John Paul Getty
THE MECHANIC
Wealth from system: Examples include Sam Walton, Ray Krok, Jeff Bezos
WHY IS KNOWING YOUR PROFILE ESSENTIAL?
Each profile is a different game with different rules. What every one
of the above wealth creators has in common is that they played their
game and their game only, day in, day out. Where a wealth creator
changes game (Steve Case - Supporter to Deal Maker, Martha Stewart -
Star to Trader, Richard Li, Deal Maker to Supporter) they quickly lose
their wealth. Each profile requires an entirely different strategy, a
different team, different mentors, a different wealth network and a
different financial fitness. Ultimately, the ongoing success of each
comes down to sustained focus in that profile. Bill Gates didn't get
into deal making at a time when the entire tech industry did. Instead,
he focused even more on being creative. Warren Buffett didn't get into
trading when everyone was telling him to, but instead continued to
focus his time on accumulating the right assets at the right time - and
doing it with passion.
"I
may have more money than you, but money doesn't make the difference. If
there is any difference between you and me it may simply be that I get
up every day and have a chance to do what I love to do, every day. If
you learn anything from me, this is the best advice I can give you."
- WARREN BUFFETT
IS THERE MORE?
A lot more! All businesses, industries, countries, and
relationships go through the same seasons in the same sequence, which
corresponds to the Wealth Dynamics square. This means that each profile
not only needs to know how to build the right wealth that suits their natural
tendencies, but can gain a sensitivity for what to do and when. The
basis of the profiling system goes back to the same roots as Jungian
psychometric testing (such tests as MBTI and DISC). This is the basis
of the natural laws: found in Western physics (quantum mechanics, chaos
theory), found in Indian philosophy (mind-body-spirit, chakras), found
in Chinese systems (I Ching, Feng Shui) and which existed long before
humankind.
Where this profiling takes on a profound role
is in the understanding of the energy frequencies which we can harness
to amplify attraction and to build our wealth systematically. (Wealth
here is defined as the power to both create and contribute value). This
system enables you to chart an extraordinary clarity about your path of
least resistance - what you do most naturally, with the least stress
and the most enjoyment. You will gain incredible clarity on how to
invest your time, what the next steps are, who you need to learn from,
where you need to be, what you need to do - and equally important, what
not to waste time on any further. Every step is then a step in the
right direction.
"If you want to learn basketball, don't spend your time on the football pitch."
- ROGER HAMILTON
TAKE THE WEALTH DYNAMICS PROFILING TEST NOW! click here
or you can attend a Focus on Cashflow group with Hattie and Mica together by contacting Hattie by email at hattie@xlmanchester.net or phone +44 (0) 782 8921 399
Being held accountable to growing your wealth