How To Create Your Own Wealth

Posted by in BUSINESS SUCCESS, PEAK PERFORMANCE, SCHOOL OF WEALTH

How To Create Your Own Wealth

Outside of the privilege of being born into a wealthy family or marrying into wealth or winning a lottery……..the probability of which is very slim; there are three fundamental ways of becoming wealthy. Money is one of the most important subjects in life. Joy and pain stem from decision about money. This makes giving due attention to how money is made and wealth accumulated a worthwhile endeavor. The truth is that making money and accumulating wealth is not an easy walk in the park. The only thing that is really easy about money is losing it. Creating wealth is a product of determined, conscious and consistent steps, taking over time. It answers to a choice to be wealthy, backed with a decision to pay the necessary price. People become wealthy because they have learnt how to become wealthy. A choice to be wealthy is a choice to embrace any of these three sure fire accesses to wealth: 1. Live below your means. Living below your means and investing your savings is the guaranteed way to wealth. Your first task in your quest for wealth is to learn to live upon less than you earn. Learning to live upon less than you earn is a crucial step in your pursuit of financial success. This is crucial, because in the final analysis, the true measure of how good or how well you’re doing financially is how much you keep out of the amount that you earn. It’s not how much you make, but how much you keep, that determines your financial future. A part of the earned income from your job is yours to keep or save. It should not be less than 10% no matter how little you earn. Then get educated on a specific investment vehicle, and put the money you have saved into an investment. In order for you to have something to save out of what you earn, you must learn to live below your means. The truth is, we can all become wealthy, if we will put in the necessary discipline to live below our means, save and invest our savings skillfully. “If you would be wealthy, think, saving as well as getting” Benjamin Franklin Saving money involves sacrifices; it involves delaying gratification and saying no to yourself and loved ones most of the time. You might not be able to change your car or your house the way you would have loved to. Your children might not be able to attend the very best of available schools, and your appetite for a particular delicacy might not be satisfied; all in the bid to save some money for investment. Sacrificing pleasure and the good of life, especially when you can afford it, in order to save money for investment is easier said than done. This is because human nature craves pleasure and wants to enjoy the...

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The Three Questions That Will Make You Rich

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, SCHOOL OF WEALTH

The Three Questions That Will Make You Rich

Every child of God has a glorious financial destiny in Christ. Yet, we must all appreciate the fact that having a great financial destiny in Christ is only one side of the equation, the other side is actualizing it…..and actualizing it would place a demand on your knowledge and understanding of the world of money. As a Christian, it is expedient for you to study the word of God, pray, fast, and engage yourself in all necessary spiritual exercise. However, you must understand that walking in the reality of your financial destiny would require you know how money is made. “The labour of the foolish wearieth every one of them, because he knoweth not how to go to the city.” Ecc 10:15 How Money Is Made It is no more a secret that the wealthiest people in our world today are entrepreneurs. A quick study of the richest people in every nation of the world would reveal to you that practically every one of them is into one business or another. The number one truth you must embrace in your quest for riches is that the world of wealth belongs to business oriented men and women. In Brian Sher‘s book, “What the Rich Knows & Desperately Wants to Keep Secret,” he said, “As far as I know, there are only five ways to make money: 1. Steal it or cheat others out of theirs-which is risky and undermines your values. 2. Inherit it. 3. Put what you have in financial investments, which is perfect so long as you have perfect skills- or the right advice- and lots of patience. 4. Work for it, which is both honest and noble-but won’t make you rich without leverage. 5. Go into business-the most effective way if you do your homework and pick the right business. A well- run business can generate staggering profits and will outperform any other means of gaining wealth.” Running A Business Is Your Sure Access To Riches According Sher (business expert), running your own business is the pathway to the world of money. It suffices therefore to say that every wealth seeker must give the idea of running a business a second thought. In J. Paul Getty’s book, “How to Be Rich”, his first rule is that you must be in business for yourself. The word of God admonishes that you work on your own business. “…and to do your own business, and to work with your own hands, as we commanded you.” 1Th 4:11 The keywords in this scripture that I would like you to pay attention to are, “your own business.” Friend, if you want to be rich, your effort and energy should be channeled into starting and running your own business. Rich people have always known this basic rule of wealth creation. Starting, owning, and running a successful and profitable small business is one of...

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Master Key To Riches

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

Master Key To Riches

One major hallmark of the rich is that they are intensely action oriented people. They are men and women who have developed the ability to take necessary action steps in the direction of their financial goal, regardless of the obstacles and challenges they may be confronted with. Once they’ve decided on whatever they want done, they go ahead to also commit themselves to taking necessary action steps that guarantee the actualization of such goal regardless of their feelings. They understand very well that their action must precede whatever result they desire. For them, taking such action steps is a must because of their desire to actualize their goal. They know that the price for success must be fully paid in advance if one would ever experience success. Most of the time, paying the price for success in any endeavor would always require self-discipline. This is because there would always be reasons why you should not do what you should do. Situations and circumstances would always want to negotiate with you; telling you why it should not be done now or why it cannot be done. Success in every endeavor requires discipline. How To Be Rich The rich understand that unless they do what should be done regardless of their feelings, situations or circumstances surrounding them, their desired financial goals would never become a reality. Taking consistent action steps in the direction of your financial goal without quitting in the face of obvious obstacles and daunting challenges requires self-discipline. “He that observeth the wind shall not sow; and he that regardeth the clouds shall not reap.” Ecc 11:4   According to Elbert Hubbard, a prolific writer of his time, “Self-discipline is the ability to do what you should do, when you should do it, whether you feel like it or not.” Listen to Apostle Paul, a man of great and uncommon achievements. “But I keep under my body, and bring it into subjection: lest that by any means, when I have preached to others, I myself should be a castaway.” 1Co 9:27   Another version says, “I harden my body with blows and bring it under complete control, to keep myself from being disqualified after having called others to the contest.” 1Co 9:27   Napoleon Hill wrote in one of his books that, “Self-discipline is the master key to riches. It is the most essential principle of wealth creation. No serious level of wealth can be attained without self-discipline. This is because no other financial principle can truly deliver its value without self-discipline, no matter the efficacy and potency of such principles. Knowing Is Not Enough Most of the time we all know what to do to walk in financial abundance, the problem has always been doing what we know we should do. Anyone can learn what to do. It’s getting yourself to do it that’s hard. Listen friend, when people get stuck...

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How To Be Rich

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, SCHOOL OF WEALTH

How To Be Rich

The highway to wealth is, and always has been, your ability to start and build a successful business. Building and running your own business is the master key to the creation of wealth. This truth was profoundly stated by J.P Getty in his book, How To Be Rich. Getty was the richest man in his days, so you can be too sure to be following a valid instruction and principle. In their book, The One Minute Millionaire, Mark Victor Hansen and Robert Allen also wrote, “One of the fastest ways to create wealth is in climbing the Business Mountain.” Look around you, and you’ll discover that the richest people in our world are business people. Your lack of necessary ability to build and run a successful business is the main issue standing between you and your financial dream. Business Skills Are Learnable The good news is that all business skills are learnable. Yes, you heard me right; they can be learnt. And if you’ve ever learnt any skill before, it could be to make your bed, then you can learn any other skill. If you’ve learnt to drive a car, you can learn how to be a successful businessperson. Learning business skills could be that easy. Listen, you can learn to start your own business and position yourself on the highway to wealth and financial freedom for the rest of your life. As Richard Branson, founder of Virgin Records and Virgin Airlines said, “Once you learn how to start and build a business, you can do it over and over again. The principles are the same.” You can learn any business skill you need to achieve any business or financial goal you set for yourself. All you will need is the willingness and readiness to learn. Believe in yourself and step out in faith and you’re on your way to building a million dollar business. “I can do all things through Christ which strengtheneth me.” Phi 4:13   The truth is that in those things toward which we exerted our best endeavors we succeeded. As Goethe said, “Everything is hard before it’s easy.” Once you’ve learnt a skill, you can use it over and over again. Each time you use it, you get better and better, and as you get better you achieve the same financial goal with less time, effort and energy. The truth is, “It never gets easier, you just get better.”-Unknown  Three Basic Skills For Business Success Basically, the major skills that you need in starting and running a successful business are: The ability to find or create a product or service that people want, need and are willing to pay for. According to Warren Buffett, one of the richest men in this generation, “There are only two ways to create wealth: find value or create value.” Business people are skillful in the art of finding and...

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Making Money Is Making A Difference In The World

Posted by in BUSINESS SUCCESS, FINANCIAL OPPORTUNITY, KINGDOM PROSPERITY, PEAK PERFORMANCE, SCHOOL OF WEALTH

Making Money Is Making A Difference In The World

What many people are yet to discover about wealth creation is that people who create wealth genuinely always impact positively upon humanity. The process of wealth creation always makes the world a better place. Wealth seekers must add value to people’s lives in their bid to create wealth for themselves. They must create products and services that solve problems for people. Wealth seekers are always about making a difference in the world as they seek to make money. The wealth seeker is like a honeybee. The honeybee’s major goal is to acquire nectar to make honey. But while seeking nectar, unintentionally, the honeybee is actually involved in a much bigger purpose. At 90 degrees to the direction of the honeybee’s flight path, pollen is being dusted on its wings. As it goes about searching for more nectar the honeybee is innocently cross-pollinating the rooted botanicals. Unknowingly to the honeybee, this cross pollination is a far more important outcome than making honey, for it results in a beautiful bountiful garden. Making Money Is Making A Difference In The World The wealth seeker in his bid to make money is actually making the world a better place for humanity. This is the greater purpose we should see and celebrate about wealth creation. This greater purpose should be our motivation to seek to create wealth. Think of things that bring comfort and pleasure to our lives, businesses and homes….things like cars, airplanes, houses, refrigerators, televisions, elevators, hotels, air conditioners, bags, computers, fans, furniture, shoes, clothes, tables, pens, books…just name it. The truth is that some guys in their bid to build businesses and create wealth at one time or the other in human history came up with these amazing products that have transformed the way we live our lives forever. Indeed, wealth seekers will always make the world a better place to live through their products and services. Making money is about adding value to people. It is about solving people’s problem. People will only be willing to give you their money if you’re able to meet their needs, solve their problems or add value to them. This understanding is crucial in effectively positioning your heart for wealth. A lot of people go around criticizing the teaching of wealth creation. To them, talking about money is carnal and worldly. “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” 1Ti 6:10 Those who teach how money is made are seen as people who have erred from the faith. Truly, human criticize what they don’t understand. Please understand that creating wealth is about making a difference in people’s lives. So when we teach people how to make money we are simply teaching people how to add value to lives and make the world a...

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