10 Powerful Principles of Wealth Creation

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Finance, wealth

Wealth is everything appealing to man. It’s the reason man works round the clock and engages in a lot of adventurous activities. Wealth is success to man, it puts man in the biggest spotlight, ensures man is a king at the marketplace without having red torment alerts buzzing his conscience, enables expensive show of travels, education, investment, fun fare and gives his life a whole new feel. Wealth is life to man and this wealth is garnered brick by brick till they become appreciable.

Here are 10 sure-proof principles that ensures wealth creation anywhere and anytime

1. Know It Is For You

“Anybody can be wealthy” you really need to get this phrase to stick. The lovely thing about money is that it really doesn’t discriminate. It doesn’t care what colour or race you are, what class you are, what your parents did, or even who you think you are. Each and every day starts with a clean slate so that no matter what you did yesterday, today begins anew and you have the same rights and opportunities as everyone else to take as much as you want. The only thing that can hold you back is yourself and your own money myths.

SEE ALSO  Managing Cash Flow - Tips to Keeping Flow Positive

2. Define What Wealth Means For You

Wealth means different things for different persons. I’ve heard numerous people say if they can feed themselves and their families comfortably, eat three square meals then there are comfortable. But that’s not same for everyone. How can it be quantified ?? By the number of cars you own? Servants? Cash in the bank? Value of your house? Portfolio of investments. Define your wealth. It’s different for everyone.

3. Discover Yourself

Understanding this single principle is enough to get you going. What’s that unique thing that sets you apart, that you do so well effortlessly and have the biggest results and recommendations?. Figure it out that’s where the gold is.


4. Improve On Your Discovery

Discoveries aren’t just enough, you need to be very proficient at what you do. The world is madly competitive thus for one to find a market to breathe; one really got to be the best or part of the best in what you do. That’s what the highest earners leverage on. They leverage on being the best or employing the best.

5. Indispensability

This is how wealth is really created, you carving a niche within a niche and becoming the lord in it, you get so skilled in what you do that you own a “permanent zone” in the market place. At this point you’re not scared of your place. This is possible due to the level of proficiency you bring to the game or the uniqueness that sets you apart. Ask brands like Coca-Cola, Apple, Cristiano Ronaldo and the likes.

SEE ALSO  The Best Mutual Fund in Nigeria at the moment

6. Make Money Decisions Quickly

People actually make a lot of mistakes here, they try to get everything all figured out before launching out. But booom! Money wouldn’t be gotten that way. Sometimes all you need do is to act. Make your decision wise and sensible, considered and thoughtful. But make it now. Quickly weigh up the odds, consider the pros and cons and get on with it. That’s what the big guns do.


7. Spend Less That You Earn :

There’s no way this principle can be nipped in the bud. It’s always evergreen; just as we can’t lose more calories than we gain and expect to be fatter, we can’t spend more than we earn and be wealthier. It won’t just work. Monitor how you spend and what it costs you to live. As long as you’re more cash is going out than coming in, then wealth will keep being faraway. Address this.

8. Master The Art of Selling

It’s a market place, remember and trust me the bestseller wins. Selling is the bedrock upon which fortune is made. Whatever you do to make yourself prosperous involves selling: selling your skills, selling things, selling ideas. You can’t make money without selling; not now not ever.

SEE ALSO  How Ready Is Your Financial Institution To Face Changes?

9. Have A Wealth Routine

This is your most important goal. You should pay as much attention as you can to it. Have a set time in a day to reflect on your wealth progress and goals, it shouldn’t be a really lengthy time – even a short consistent time would do. When you do this daily, you’d see that bits by bits you’re improving and you’re beginning to do the wrong things right.

10. You Can Lose TOO

You might not always win, I think it’s a known fact already. Everyone you admire today financially had their losses, but they don’t quit. They understood the game and gave it much more. NEVER QUIT!

Get an email when an update on this topic breaks

Share this
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Source :

Join the Trentimes Community and earn on the side

Trentimes is the best thing that is happening to Internet Business

Author

Schwiz Josh

Schwiz Josh

Basically, I'm a programmer and Entrepreneur, Web based. Schooled in UNIZIK. I love classical music.
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

Subscribe to Get the Best Articles Weekly

Interests