Many people want to be wealthy and fail to consider what it takes to create wealth. There are 5 key principles of wealth creation that will be discussed in this 5-part series. The principles of timing, cash flow, tax benefits of business ownership, lifestyle and residual income. When you look at the wealthiest people in the world, they embody these 5 principles of wealth.
To create wealth you must have a plan. This does not mean everything will go according to your plan. However, just like you would not travel across the country without a map, you cannot achieve sustainable wealth without a plan. The plan must include both how you will create wealth and sustain or grow your wealth.
Escape the Rat Race With the Principles of Wealth
Video reveals how most people are simply living as if they are in the movie, “Groundhog Day” or on a hamster wheel. You are exerting a lot of energy on a track that someone else put you on. You work tirelessly on this treadmill for 45 years to find that you are in the exact same spot that you started in.
“Go Confidently In the Direction of Your Dreams
Live the Life You’ve Imagined”
Henry David Thoreau
The amount of money to feel successful or wealthy may vary from person to person.
For most people, the pursuit of wealth really is about having the time and financial freedom to do what makes them feel fulfilled or self-actualized. You may want to be able to take numerous vacations a year to exotic destinations and travel better than comfortably in luxury. You may want the time freedom to be able to stay at home with your children or grandchildren. In today’s world, time freedom may mean that you want the time freedom to stay home with aging or terminally ill parents or grandparents.
It can also be said, that wealth creation is rooted in the strong desire to have options. We all know that there will be good days and there will be trying days. The principles of wealth dictate that if you follow them, you will have options when a parent or child is ill. You won’t have to ask your boss or human resources for a leave of absence. When the opportunity of a lifetime to travel and experience an exotic location or that band you always wanted to see, you won’t have to beg your boss for time off.
The 45 Year Plan Works Against the Principles of Wealth
Are you not where you want to be? If you are like most people, you went to college with the dreams of achieving more than your parents and grandparents. Now that you have been in the work force for some time, you are feeling stuck, threatened and maybe even behind. You must be thinking, there has to be a better way. There is a better way with the key principles of wealth creation.
The 5 Principles of Wealth Creation
This 5-part blog series will cover key principles of wealth creation:
You will discover the definition of each of these principles and their role in creation wealth.
About Tamira Hamilton Certified Motives Beauty Advisor, Tamira Hamilton, has over 20 years of sales, marketing and coaching experience. She specializes in helping others find their inner strength and leveraging it with a proven and duplicatable system to make money online using Blogs, Social Media and influence. Tamira is a servant leader and well respected in the industry. To learn more about becoming a Motives Beauty Advisor, please email email@example.com or visit