Wealth Buiding 101

Hello Everyone and Happy Friday to you all.

I hope everyone’s week was as productive as mine. Today I’m going to share some of my wealth building techniques I use just by using only my mobile devices.

First and foremost, building wealth is not a hard thing to do. It’s not glamorous, and it’s not fun. Have you even noticed that the easy and average lifestyle will give you easy and average results. It’s like you are in survival mode. Wealth building is totally the opposite. Of course, you could invest over time in savings and investment and end it there. I know some employers will offer you 401k investment plans or similar where you do nothing else but show up to work. If lucky, you may find yourself been offered shares of the company you work now. I love to do my own due diligence and be one hundred percent independent when it comes to my wealth building techniques.

Candy Shop earnings

Consistency leads the way no matter how small earnings I make. I look at it as owning a small shop where selling candies as the low-end earnings. It is better to sell candies all day than to sell nothing at all. The bigger items will sell later. Another example of how most folks will throw away pennies than to keep them or take them as change. Business minded individuals will never throw out their pennies. I assure you that if you work for a bank, never ever will you get away with short or over on pennies. This can lead to hefty consequences. Stay consistent. Take all the pennies available. Build wealth.

Game planning

With consistency, there will have to be a game plan. I always start my day early just in case I have to do other chores at the last minute. Life happens. I even set goals for the day. I may come up short sometimes, but since I set goals for the week and month, I may end up making my week and/or month. I have never seen a business strive without knowing how much profit or work hours are needed to make per day. Goal setting is a pivotal step for wealth creation.

Earn and Learn

I have heard people say that they need to learn more first before starting a business. There is nothing wrong with that. For me, I don’t have the time for higher learning before I start online. I learn while I learn. My time is too precious and furthermore, I don’t have the money to pay for higher learning. When I first got into stock investing, I joined a group and learn while I earn. I even started my own group and formed a LLC(limited liability corp)saving precious time. It is good to learn. Learning is part of building knowledge to get you moving in the right direction. I don’t need to know too much moving forward. I leave that to the professionals to guide me on the way to building wealth.

Invest in self

It doesn’t take money to make money, I believe. It takes your knowledge and persistency, no doubt. Even though I don’t believe in higher learning as a means of investing in self, just that it takes too much time and costs too much money. Nevertheless, they are other means to invest in self. Buying programs/books, study groups, online forums and news letters/blogs are low cost to no cost of investment in yourself. I use these methods to educate myself. It is great to learn from like-minded people like myself.

Have fun

It’s not logical to have fun in everything we do. Wealth building is not a fun thing to do, as I mentioned earlier. There is work involved. If you are promoting your goods and services, you need to do some work. You will need money to invest. To get money, you will need to generate money. It takes work. Whatever your strategy, work is involved. If building wealth becomes stressful and unbearing…. Quit… Immediately. Better yet, take things slowly until you feel comfortable enough to ease the pressure. Choose a business or investment you are comfortable with before starting. If you love what you do, you will have more fun in doing it..and the more profitable you will be.

Start your wealth building strategy today. The sooner you start is the better. Start slow, aim high. Build for the long term and have some fun.

To your success.

AP.

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