What Do Rich People Have That The Poor Does Not Have Apart From Money? The rich has money which the poor does not have but aside that, there are other urbane possessions of the rich that the poor don't have and I will just write on10 of such. The rich has money because they have learnt how to make money flow to them effortlessly but the poor would never know or do that These other urbane possessions of the rich include: 1. Wealth Mindset The rich has learnt that his mindset is everything and thus he guards jealously never allowing weeds and negative thoughts to live therein and making every effort to avoid the victim mentality. But the poor has accepted his condition as his fate and thus makes no efforts to extricate himself from the poverty pool. 2. Personal and Financial Discipline The rich has taught himself both physical and financial discipline. He does not speak out of tune, he has a cultured mannerism, is often courteous and humble. He also...
Are You a Wealth Creator?
It occurred to me recently that not everyone knows what a "wealth creator" is, which is why I chose to focus this blog on this audience.
Although we're all thinking about the year in focus which has gone 5 months ahead, but there can never be a bad time to talk about wealth and so, now provides an excellent opportunity to discuss the subject matter.
What does it mean to be a wealth creator?
The term "wealth creator" isn't specified in Merriam-Webster. There isn't even a Wikipedia entry for "wealth creator." That's not shocking, given that the definition isn't well-understood.
“Wealth,” according to the dictionary, is described as an excess of valuable material possessions or resources. An "artist" is someone who creates something new or unique.
The intersection of these two principles creates some complex dynamics and special requirements.
Many citizens are wealthy; in reality, they may be members of the second or third generation of a family well-versed in wealth management issues. These aren't the people I'm talking about when I say "wealth creators."
The distinction is between possessing money and creating it–as well as living with it for the first time. It's a significant distinction. The needs and issues that wealth creators and those with long-standing wealth face are vastly different.
Five Characteristics Of A Wealth Creator:
1. The majority of wealth creators did not come from a wealthy or privileged background. They are frequently the first in their families to amass considerable wealth.
2. They may have amassed capital in excess of their contribution to a company or operation. They could be "accidental millionaires," as they've been dubbed.
3. They frequently want to incorporate their personal experience, beliefs, and money expectations into a new reality that offers more options, possibilities, and risks.
4. They enjoy the advantages that wealth may bring, but as their fortune increases, they can experience increased tension, worry, and complexity.
5. They are intelligent, articulate, and goal-oriented people who appreciate the time and freedom to follow their interests and live meaningful lives.
So, does this ring true for you? If that's the case, you might be a wealth creator.
That's an intriguing idea, and it's a fascinating and practical way of looking at your life, situations, and challenges.
#wealthisearned
#trendingwealth
Wealth creation sis quite complex. It doesn't start in a day, for people who aren't born into weight, it starts with asking one's self why one wants to have wealth,develop an inner motivation, give value to people, do it with integrity, be courageous and discipline, leverage and have a supportive environment
ReplyDeleteWealth creator is an idea phrase that came timely in line with what we are doing here.
ReplyDeleteWe can't be talking wealth when we can't actually decipher who is into it. The five qualities of the wealth creator as enunciated herein is a good education to stir us further into our expansive knowledge of wealth.
The first quality is simply sacastic; "may be the first to amass wealth in the family" makes the research work very formidable owing that, this definition isn't anywhere in the Webster dictionary.
Dr, thanks again for this insightful education, we moveee!
It takes just one man to start the process of creating generational wealth and he is the wealth creator - the man who did not come into any inheritance
DeleteTo be a wealth creator involves different processes before arriving at the final destination.
ReplyDeleteI believe that making myself available and following through each process meticulously until I arrive at the ultimate aim of becoming a wealth creator is the way to go.
Wealth education or financial education is the the next step on the wealth creation formula and so long as anyone is willing to follow the steps, the aim would surely be sustained
DeleteAccording to the narrative in the book entitled "The Richest Man in Babylon", "a penny earned is far more better than ten dollars found". So, when the author of this article places a poser that " wealth is earned ", I agree no less.
ReplyDeleteIt's always advisable to earn money and the ways to earn are already diversified
DeleteMgbeokwere Deborah : Indeed wealth is earned.
ReplyDelete#Interesting