Building Wealth

FinanceWealth-Building

  • Author Carol Carroll
  • Published November 1, 2007
  • Word count 1,205

Have you ever noticed someone that when you fist saw them, you thought to yourself, that person looks like they are rich/wealthy. What was it about them that created the appearance of being "rich" in your mind? Was it their clothing? Their personal grooming or the way they carried themselves? Perhaps their movement was with grace, style and confidence. It may have been some combination of all of the above factors.

The interesting thing is that whatever factors created the impression of wealth in your mind have nothing to do with reality. You have no idea of the condition of their bank account. That person could have just as easily have been returning from their bankruptcy attorney, or their stock broker.

More important than the individual you observed is what is your situation?

· Are You Wealthy?

· Do You Want to be Wealthy?

· What is Wealth?

· What is required to Create Wealth?

Answering the previous questions is critical for anyone who wants to Create Wealth in their lives. You must take time to consider the answer to those questions and how they best fit your life. You see, Wealth means something different to each person. The truly Wealthy person has created Wealth in mind (knowledge), body (health), spirit (divine), relationships and financial.

Author, Richard Carlson puts it this way, "Wealth Consciousness is so much more than simply having the ability to make money. It’s a mind-set that involves seeing life, not as a struggle, but as a magical adventure where our needs are met with grace and ease…Wealth Consciousness is a state of mind, a sense, not of believing, but really knowing that what we need is available to us."

As clearly stated above, creating wealth begins with the way we think – our mind set. It must begin by living wealthy in all areas of our life.

Perhaps the best place to start developing this new mind set is with gratitude for the abundance you already have. So you say you don’t have any abundance. If you thought that you would be wrong! You have great abundance of ability and opportunity. Acknowledge and give thanks for that abundance.

Another good starting point in the development of wealth consciousness is to create a healthy, wealthy attitude and presentation of self. Men need to always be gentlemen and women need to always be ladies. These attributes are manifest in physical appearance and grooming habits, stature, language and grammar, manners and behavior. Think back to the beginning of this article. Chances are that the person you perceives as ‘rich’ possessed some, or all, of the above attributes.

There are many books in print which discuss the attitudes and mindset required to create wealth. Listing them here is prohibitive, but a short list of authors is appropriate. Recommended author are: Napoleon Hill, Andy Andrews, Deepak Chopra, Anthony Robbins, T.Harve Eker, Mark Victor Hansen, and Ester Hicks.

I was once told that "poor people have poor ways". It stands to reason that if poor people have poor ways, then Rich people must have Rich ways. What is the difference? It may be mental conditioning from our life to date, particularly from family. It could be our belief system, or fear. It is more likely that all of the above contribute.

T. Have Eker puts it this way, "Rich people think very differently from poor and middle class people. They think differently about money, wealth, themselves, other people and pretty well every other facet of life… Remember, you can choose to think in ways that will support you in your happiness and success instead of ways that don’t".

As you study and research wealth and wealth creation, several things become apparent and well established. These truth’s are:

  1. Wealth is a state of mind/consciousness.

  2. Wealth creation is a journey, not a destination.

  3. Wealth creates money, money does not create wealth.

In many cases, the principals/truths above will be new and foreign. The critical question’s are:

  1. Do I have a strong desire to change my current thinking.

  2. Am I willing to take consistent, persistent action to achieve my desire? Desire without action is incomplete!

Truth number 2, above, Wealth Creation is a Journey. That journey may be long or short depending on the individual. The important point is that it is a process which requires three important steps:

  1. Strong Desire

  2. Knowledge

  3. Action

If you were to eliminate any one of the three steps, you most certainly would limit or eliminate your chances for success. Once a strong desire (step one) is in place the acquisition of knowledge and daily action require unwavering consistence and persistence. This consistence and persistence may require you to develop new habits. Ask yourself, are my habits today $1,000,000 habits or $20,000 habits.

For many people, achieving their desires, including wealth, will require a change. That change may be starting a new business. As Robert Kiyosake, Author of "Rich Dad Poor Dad", teaches, to become wealthy you must become a business owner or an investor. That step will probably require new and/or additional knowledge from what you now have. Knowledge can come from many sources including books, schools, seminars and people you know. One of the most powerful ways to gain new, needed, knowledge is to find a personal mentor who has already achieved success. The pursuit of knowledge should be a lifelong mission, which also has documented health benefits. Learning truly does live forever.

Knowledge is incomplete without action in the success formula. Anthony Robbins puts well when he stated "Knowledge is not power, Action is power." Many people are able to recognize opportunity, but few take advantage of those opportunities. It is always easier to intellectually (knowledge) recognize opportunities than to Internalize, or take action, those opportunities.

Why then do we have difficulty taking action on a recognized opportunity? First is because of fear. Most people are scared to death of failure and they are even more frightened of success.

The second reason is lack of commitment. Again to quote T. Harv Eker: "Most people I know who are not financially successful have limits on how much they are willing to do, how much they are willing to risk, and how much they are willing to sacrifice…getting rich takes focus, courage, knowledge, expertise, 100 percent of your effort, a never-give-up attitude, and of course a rich mind-set…if you are not fully , totally, and truly committed to creating wealth, chances are you won’t."

Building wealth all starts with desire and a simple decision to take action consistently and persistently until you have achieved your goal. Once you commit, "the universe will assist you, guide you, support you, and even create miracles for you. But first, you must commit."

W. H. Murray wrote; "Until one is committed, there is hesitance, the chance to draw back, always in effectiveness…the moment one definitely commits oneself then providence moves too."

Are your dreams big, even unrealistic? I hope so. Do you have even a small amount of desire and courage? Are you willing to take action? If you can answer ‘yes’ to those questions then the world is at your feet and success will be yours.

Your joy and success awaits you.

Carol Carroll Life Style Mentor and Successful Entrepreneur, is helping many become the next success story. Whether you're looking to create an extra few thousand dollars per month, be an ex-corporate executive, or the next millionaire Mom, Carol can assist you to create a second stream of income and greater peace of mind. For more information visit : Wealth Creation

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