Steps to building Wealth

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Wealth,

Firstly what's wealth?

This is simply an abundance of material possession and resources. Actually not in all cases but the integral source of wealth is Money. Looking today, in our present world, the priority of every action we make is making money. The likes of engaging in business, looking for a job, entrepreneurship, investing even as well as farming because it functions as legal tender and by many a recognition of wealth.

But is that enough, What's your reason for building wealth, is it to show off, to build a legacy? Everybody have different reasons but personally my reason for building wealth is to have financial freedom and control of my life.

I've been to find some valid steps to building wealth

Visualize your wealth

This is normal. Every architect draws a picture before the building begins. Use your memory to replay past success and victories, and use your imagination to pre-play in your mind those goals and dreams that your heart has desired. That's the foremost hidden secret of the wealthy; they visualized success before it begins. Pictures are the seeds for ideas, energy and change.

The hidden secret of the wealthy is their ability to visualize success before it begins

Be in company of people with Wealthy mindset

It's not a new thing as your environment has an intoxicating effect on your lifestyle. Being with millionaires or billionaires is a good option but one thing for sure is they won't time for you so it's better to hang around peers who have goals of making wealth.

Find a mentor that is doing what you have passion for and is killing it. If they don’t have the bandwidth to meet you, just watch them and see what they do. You can learn a lot from a distance.

In that way, they'll motivate as well as challenge you.

Invest in yourself

There are technically different ways to invest in yourself. Investing in human is by far the best level of investment therefore yourself should be the priority.

Self investment includes the likes of nurturing your mind and body, advancing your career(education and skill) as well as exploring your creativity.

you want to help others, make sure you’ve put yourself on solid ground first. I’ve seen different occasions where generosity leads to financial ruin.

Nurturing both your mind and body creates a platform for you to have more to give now as well as in the future .

Build your financial Knowledge

Making money and building wealth is on one dimension, managing the made wealth is on another dimension.

Most Schools today don't impact financial Knowledge. That's why someone could come out and still be an illiterate financially.

Building your financial Knowledge entails you become conversant with books, magazines, joirnals, take courses, search the internet on things relating to money management.

On gaining this knowledge you'll be able to gain control, reduce spending, value financial goods(Cryptocurrency),😉 and most likely be able to identify fraud.

Really interesting 😁😁.

Be Willing To Dream Alone Sometimes.

It’s pertinent you understand that any person who aspires to be wealthy must be willing to believe in his own dream when others seem too busy or uncaring to encourage him. A great inventor, such as Thomas Edison, faced waves of ridicule and scorn before their genius was recognized and appreciated. Don’t forget to keep your focus on where you are going and refuse to be discouraged by the present circumstances that will soon pass.

Being alone gives you the perfect opportunity for a little self reflection. Aloneness...removes the stain of wrong influence.

Work harder

You will never possess what you are unwilling to pursue. Race horses never win races while they are in stalls. Your enthusiasm will attract the right people in your life. Keep pictures of your passion...before you every hour of the day. working changes your environment instantly.

You can't build wealth if you're not ready to work

Excuses don't count

People can be incredibly creative when it comes to thinking of excuses. We often used them to get out of situations that seem difficult and unpleasant, or something that is causing us fears and anxieties.

Sometimes we use excuses simply because we do not want to commit to something, or maybe because we are lazy and like to procrastinate instead of doing something.

Each and every one of us has done it, in one way or the other, in every aspect of our lives.

What are excuses? a reason or explanation given to justify a fault or offence. Faults in our lives should never be justified. Excuses weakens our resolve to improve and become a better version of ourselves.

I have no doubt that you have your own set of dreams, goals and ambitions. You were born for greatness from the very start.

But the distance between where you are right now and where you really want to be can be measured by the number of excuses you make and take.

The more excuses you make and take, the bigger the distance. The less excuses you tolerate, the more you close up that distance. We all have a choice.

Choose not to make your life a life of excuses.

NOTE: The cure to excuses is execution(taking responsibility).

Feel free to leave a comment.

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Nice article

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4 years ago