Wealth Creation Principles The Power Of Wealth Creation
- Mindset Series - Wealth Creation Principles The Power of Wealth Creation This Free e-book is a gift to you to help you achieve your wealth goals. Kostas Augerinos KAA Australia, Copyright 2012. Free e-book www.kaaa.com.au [1]
- Mindset Series - Wealth Creation Principles To achieve wealth in your life and in your business, you need to follow certain principles that make up the Wealth Creation mindset. We outline 20 of these principles below and we pray that these principles find you well. 20 Principles of Wealth Creation to help develop your mindset. 1. Study Wealthy People Wealth like success leaves clues. Find out what wealthy people are doing. The more you learn from wealthy people, the greater your chances of becoming wealthy. Study what they think and what they do. 2. Know your intention Why do you intend to be wealthy? In this e-book: * Discover how your mindset affects the level of wealth you create. * Develop your desire to have great wealth. * Learn 20 of the Principles of Wealth Creation that make up the wealth creation mindset. What do you want to do with your wealth when you have it? How can wealth creation improve your life? Knowing what wealth creation and having wealth means to you, is critical in achieving the level of wealth that you desire. 3. Deep Desire You need to have a deep or “burning desire” as Napoleon Hill suggests in his book: “Think and Grow Rich”. Without an intense desire to attract and create wealth, you will never be as wealthy as you wish to be. 4. Add Value To become wealthy, you must add value to the lives of other people. The more value you can offer and the more people you can offer it to, the wealthier you will become. The Universe rewards people who offer value through services, skills and/or products to others. “To become wealthy you must add value to the lives of other people”. 5. Be Disciplined To have wealth, you need to respect your money. This means being disciplined and living within your means. It means developing the good habits of saving, investing and delivering value to others. With time your investments and savings will grow. Be disciplined to do what it takes to become wealthy. [2]
6. Become Interested in Business Having your own successful business rapidly grows your wealth. Many millionaires and billionaires are business owners. “Wealthy people never stop learning”. Developing the mindset of an entrepreneur who offers exceptional products/ services can make you wealthy. 7. Continuously Learn Wealthy people never stop learning. They are always curious to improve their skills and knowledge. They are interested in building wealth and in financial independence. Wealthy people seek the right advisors and build teams around them to prepare for and build their wealth. 8. Delayed Gratification Wealthy people are willing to make sacrifices today to have greater financial choices tomorrow. You cannot possibly become wealthy if you have a disregard for wealth and money. Live within your means and invest for the future. “Wealthy people are willing to make sacrifices today to have greater financial choices tomorrow”. As a starting rule of thumb, “pay yourself first” and save at least 10% of what you earn. Develop the habit of saving and investing. 9. Check Your Values How high is creating wealth - on your hierarchy of values? If you are not as wealthy as you wish to be, take the time to re-examine your values. Ask yourself if creating wealth is important to you. If your answer is yes, what can you do differently to attract the financial outcomes that you desire? 10. Seek the help/advice of successful people and advisors What you don’t know, may be holding you back! The right people can help to massively accelerate the process for you. 11. Evaluate Your Habits and Your Mindset Keep in mind that people gravitate towards what they truly desire and value. If you think upon and act upon wealth creation, you will move towards the wealth you desire. “If you are not as wealthy as you wish to be, take the time to reexamine your values”. [3]
12. Wealth Acceleration “All humans have choices”. To acquire wealth, you need to constantly move towards wealth. You cannot save money on a few occasions and expect to become wealthy. The more persistently and consistently you move towards wealth, the wealthier you become. 13. Wealth is a Choice All humans have choices. Each day we are faced with choices. Choosing not to act is a choice too. Until you say “yes” to something, your decision is a “no”. Even people who are born into wealthy families have a choice whether they will respect their wealth or not. Many build on the family’s existing wealth while others squander their money and are left broke and unhappy. “Whatever we appreciate, appreciates”. The principle of appreciation suggests that whatever we appreciate appreciates, while whatever we neglect eventually perishes. 14. Visualise Being Wealthy Visualisation is a powerful process where you “see” in your mind’s eye what you would like to have and experience in your life. Many Olympic athletes who have been interviewed on television have said that they imagined winning a gold medal as a child. Their power of visualisation and intention then created their reality as an adult. It is the same with wealth creation; imagine yourself having the wealth that you desire. Then go to work to create your reality. “Visualisation is a powerful process”. 15. Be Persistent and Positive To acquire wealth, you need to have drive and commitment. You must persist even when obstacles arise. Maintain your sense of purpose as you aim for your wealth goals. Maintain your enthusiasm and be positive. Your attitude is a key ingredient to your level of financial success. If you give up easily, you will not be able to experience the wealth that you desire. 16. Focus on Success The key to wealth is to focus on what you want, not on what you don’t want. Fear of failure often stands in the way of goal achievement. Decide that you will focus on success and wealth accumulation. Sharpen your focus so that wealth creation becomes a significant goal in your life. “To acquire wealth, you need to have drive and commitment”. [4]
Associate with positive and successful people - who value creating wealth in their lives. “Appreciate the person you are and your unique skills and talents”. 17. Be Grateful Appreciate the person you are and your unique skills and talents. To become wealthy you need to have a good sense of self-worth. Also be grateful for your mentors, advisors and team. These people can help share your vision and support you on your path to wealth creation. 18. Be Energised To be as wealthy as you desire, you will need to keep yourself energised. This means making time for relaxation, exercise, good eating and sleeping patterns. “To be as wealthy as you desire, you will need to keep energised”. Listen to your body. When you are feeling burnt-out take a break, change scenery, go for a relaxing walk, and spend quality time with loved ones. If creating wealth is a goal for you, good health should also be a high priority for you. 19. Be Willing Your will power is integral to your wealth creation. Be willing to go the extra mile to reach your dreams. Be willing to give excellent service. Be willing to learn more and receive additional training if required. The more you apply your will power towards the wealth creation process, the more likely you are to become wealthy. “Your will power is integral to your wealth creation”. 20. Link the Process of Wealth Creation with Happiness and Fun As you create wealth, you will become more self-confident and independent. You will have greater lifestyle choice. You will also be able to lead and inspire others towards accomplishing their financial goals. Make the process fun. The process can also bring happiness as the following starts to take place: a) Financial independence gives you flexibility b) It empowers you to reach even more goals c) It opens your mind to bigger opportunities d) It attracts like-minded people to you e) It gives you the opportunity to give back and create a legacy. “The more open you are to wealth creation, the more likely you are to become wealthy”. [5]
Wealth creation is not only about accumulating investments and money. It is also about the character development and the experiences that the wealth creation process will bring to you. Being a person with good values who has great dreams and visions for the future is admirable. Wealth creation is a process. Remain focused, energised and persistent as you aim for your financial goals. Your desire and actions over time will ultimately help you reach your dreams. “Being a person with good values who has great dreams and visions for the future is admirable”. All the best in your wealth creation journey, Kostas Augerinos Managing Director/Founder KAA Australia “Wealth creation is a process. Remain focused, energised and persistent as you aim for your financial goals”. “Your desire and actions over time will help you reach your goals”. [6]
Wealth Creation Principles To achieve wealth in your life and in your business, you need to follow certain principles that make up the Wealth Creation mindset. We outline 20 of these principles below and we pray that these principles find you well. 20 Principles of Wealth Creation to help develop your mindset. 1. Study Wealthy People
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In this overview, we briefly define the concepts of "wealth" and "wealth creation", explain why a focus on wealth creation is important, discuss recent efforts to promote rural wealth creation, discuss what is known from past research about rural wealth creation, and introduce a conceptual framework for rural wealth creation and the theme
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