Wealth Creation Blog

Are you smarter than a 10 year old? Or at least as smart as a 10 year old? Because if you are, you have all the intellectual power you need to succeed at wealth creation.

What You Need To Know About Creating Wealth You Could Have Learned In Grammar School

What You Need To Know About Creating Wealth You Could Have Learned In Grammar School

There is a perception that making money and creating wealth is beyond the reach of the average person. It’s a convenient perception for those who do not want to share the wealth, but in reality it is more myth than fact.

The fact is that there is no reason why any person should not be able to create wealth. That is any person from any walk of life. That includes the poverty-stricken and that includes the working middle class who are living paycheck to paycheck to cover their recurring bills.

The fact of the matter is that the financial strategies that all people could be using to make money from money (from even small amounts of seed cash) are not complicated. They are not beyond the intellectual grasp of regular people. It does not take a doctorate degree in finance or economics to understand them. All it takes is a basic ability to learn and understand a few simple concepts on which the money systems of the world are based.

The Financial Strategies You Will Employ

As Jamie McIntyre says, the financial strategies that you will employ to make money for you and create wealth can be taught to any average 10 year old in short time. And actually, maybe we should start doing that—if we get to these children at a young age, perhaps we could preempt some of the financial conditioning that is really holding adults back from creating wealth!

What I hope that you are learning is that you do have all the tools you need, intellectually and financially speaking, to start and succeed at wealth creation. What you will be taught is not something that you cannot grasp. Wealth creation follows an entirely understandable set of rules and concepts, all of which certainly can lead to financial success, provided you have also taken the steps necessary to form your millionaire mindset and an attitude of wealth creation success.

If you’ve read this far it is obvious that you have the brain power to succeed in wealth creation. Let’s get you started!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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If you’ve not yet mastered the art of wealth creation, the probability is that you haven’t the right type of wealth creation education. Get that education, and you will be well on your way to wealth creation success.

What Did School Do For You?

School and college, do play important roles in the lives of successful and wealthy individuals. But if you are relying on the education you received as a child and young adult to guide you through wealth creation, you will be sorely disappointed.

School and university teach lots of things; things that are important in life, things that are necessary to living. We are not anti-education here; however, the thing that we learn from those who have succeeded at creating wealth—people like Jamie McIntyre and Robert Kiyosaki, among others—is that the type of education received at school does little to nothing to prepare us for building wealth.

The reason that school does not prepare students for wealth creation is that the focus of school and university is in career preparation—not in the important things like money management, navigating the world’s financial systems, application of money making strategies, investment and the like.

What school does is give you the skills needed to get a job. School can prepare you for a lifetime of drawing a paycheck, even a very handsome paycheck, but it will not teach you how to make that money work for you.

The Wealth Creation Difference

Herein lies the difference between a traditional education and a wealth creation education. Wealth creation strategies teach you how to use money, not just how to earn it. Wealth creation teaches you how to take what you’ve earned and put it to work for you.

Wealth creation teaches you how to stop working for your money and let your money work for you!

This is the foundation of wealth creation. This is what the rich do. This is how the rich get rich!

This is what you need to learn in addition to your diploma or degree if you ever plan to move forward and live the wealth creation life!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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Did you know that the amount of money you make is directly correlated to your self esteem? It’s true. How you feel about yourself links to how much money you make.

Is this really such a surprise? Let’s think about this. If you feel good about yourself, you have confidence in your skills and abilities, and you know that you deserve to be appropriately compensated.

So what if you don’t feel so great about yourself? The converse is true. You do not value your services, and so you charge accordingly, and you fail at creating wealth. Pretty simple concept, isn’t it?

So…

Are You Charging Enough For Your Skills?

This lack of self worth results in a world full of people who are undercharging for their products and/or services. They emit negativity and complacency. And their customers respond accordingly.

When the energy you are giving off to your clients, bosses, consumers, friends, and family is one of failure and limited worth, all of those people will treat you in that manner. When you develop an attitude of success and worth, you are taken as someone worth investing in.

A lack of self-confidence is severely limiting the income of most people in the world. Discomfort with charging what they are really worth keeps people from earning a comfortable living, which in turn also keeps people from succeeding at wealth creation.

Of course, you have to apply reason and be honest about your value and worth. But if you truly develop your worth, commit to your endeavors with energy, remain dedicated to delivering the level of service you know you can, and keep feelings of mediocrity and worthlessness at bay, you will begin to live a life of value.

Enjoy Financial Success

Over time, your value will come to be recognized and respected, and you will enjoy financial success.

Finding your true worth and using it to guide what you charge for your valuable skills is a step in the right direction for wealth creation success!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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The rich get rich because they do things differently than everyone else. The rich focus on saving, creating wealth, and maintaining the right financial attitude. Beyond mindset, we can identify four key skills that the wealthy develop to build wealth.

Again, we look to Jamie McIntyre from 21st Century Academy. Jamie has identified four skills that are key to succeeding in wealth creation and presents them to us so that we can begin to work as individuals to improve our own wealth creation skill set.

Key Skills For Creating Wealth

Here are the four most important skills that you need to develop to create wealth and gain financial freedom.

1. Thinking Creatively. We are conditioned to let someone else do the thinking, and simply regurgitate what we’ve been told by another. The thing that the wealthy do differently is develop themselves as independent thinkers and creative problem solvers. A creative thinker can find a way to meet challenges and overcome. A creative thinker gives the answers, rather than wait for the answers to be given to them.

2. Negotiation. How do the rich get what they want? They negotiate. And that is just what you need to learn to do to get what you want in life. We know how to negotiate as kids, but lose this ability as we age and start to accept ‘no’ for an answer. The wealthy do not accept ‘no’ for an answer when they truly need something!

3. Communication. As Jamie says, it’s not enough for you to know that something is beneficial. You have to be able to convince others of the benefits of a thing as well. When you can sell the benefit of something, you can achieve your desired end result. You have to be able to communicate in an effective manner to do that.

4. Marketing. Focusing your efforts on an end result, and finding a way to market to the business or outside world to achieve that result. This is for anything, including an exchange of ideas or an exchange of goods and money. The wealthy succeed because they find creative, innovative, effective ways to market themselves and their ideas. Developing your brand of marketing skills is essential to wealth creation success.

Enjoy Wealth Creation Success

Fortunately, these are all skills that can be developed in a short amount of time. Start working today to develop the skills of the wealthy so that you, too can enjoy success in wealth creation!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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Like we talked about before, there are common reasons most people fail at wealth creation. Learning why people fail to create wealth is important to your success. Knowing what is the likely cause of your financial demise, and learning to recognize the things that could be holding you back from creating wealth and achieving financial freedom are integral to learning to overcome and preempt potential failure.

We talked about the impact of feeling guilty about making money, now let’s take a look at the other things that hold people back from successfully creating financial wealth. (We can credit Jamie McIntyre for this enlightening list.)

Top Reasons People Fail At Wealth Creation

1. Denial. Convincing yourself you have no need or interest for wealth; you are happy without money, happy to live pay check to pay check, that there is more to life than money. This is the attitude that “money isn’t everything”. But as Jamie McIntyre’s mentor pointed out to him, everyone who makes this claim turns right around and goes out to do what? Make more money!

2. Blame and Excuses. You are not responsible for what happens to you and you have plenty of excuses to explain why your financial picture is dim. And hardly any of it is your fault.

Correcting Attitudes For Wealth Creation

Did you recognize yourself in any of the above? Be honest with yourself, because recognition of your problem is elemental in remedying that problem. And there’s no shame here – 96% of people in the developed world are failing to create wealth because of the things mentioned above.

What can you do to correct your attitude, then, and build a mindset of success?

1. Be accountable. Take responsibility for the hand you are playing in your financial life.

2. Take action. Make changes to improve your financial life; act to create wealth!

3. Develop gratitude. “Accept the wealth you already have” is the advice Jamie McIntyre’s millionaire mentor gave to him. Financial wealth is only half the picture—there is some truth that there is more to life than money, but to really be wealthy you have to realize and appreciate the whole picture! His advice is to wake up everyday and find 5 things to be thankful for; this serves the purpose of attracting positives and progress rather than wallowing in despair and debt.

Before I leave you today, I’m going to give you Jamie’s two simple formulas that apply to wealth creation.

1. DENIAL + BLAME + EXCUSES = FINANCIAL STAGNATION (96% of the world lives here)
2. ACCOUNTABILITY + ACTION + GRATITUDE = FINANCIAL SUCCESS (only 4% of the world lives here)

Live your life by the 4% rule!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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