Archive for January 1st, 2009

How to build wealth (278 days to go)

Thursday, January 1st, 2009

As the old saying goes:

“Don’t put all your eggs in one basket”.

In these opportunistic times, this has never been more true. So how do we go about creating more wealth? What can you strategies can you put into place to help you achieve the success you are looking for?

How to Build more Wealth:

  • Start a company - maybe with some like-minded people to share the risk
  • Invest in property - do your homework first - you can even start now!
  • Invest in shares - as above - talk to those people that have succeeded here already
  • Write a book - again, research and see how others have achieved this.
  • Expand your mind and invest in your personal development

If you still require some security, continue to work your day job, while putting to work all these actions in the background. Remember that if you want different results than you are currently getting, then you need to take different actions to what you are currently doing.

So if you spend 2 hours watching TV every night - why not spend 1 hour on your new best selling book? Or maybe planning your new business? Scouring the papers for a great property deal? Maybe you could start a personal development program?

If you keep this up, within one month, you will be feeling better about yourself and your future. That’s roughly 30 extra hours of quality time that you have dedicated to building your wealth profile in one month. That’s almost a full week’s work - how successful would you be if your full time job is to become more wealthy?

“What ever you do - just make sure that you start doing it NOW!”