Different Strategic Wealth Creation Principles

Some of the ingredients of traditional investing will include stocks, bonds, brokers, and banks. But today, rather than creating wealth, they tend to preserve. The reason behind this is that no matter how well thought-out your portfolio may be, investment expenses, inflation, and taxes will greatly impact your attempts at building your wealth.

Wealth creation can be very much within your reach. However, it will require deviating away from the normal distribution investment paradigm. Apart from that, entering into the realm of strategy is also necessary.

If you are among the investors wanting to create rather than preserve wealth, you must aim toward annual returns of 10% or even higher. You certainly cannot achieve this by adhering to the traditional bond or stock recipes or perhaps even in listening to their bankers who tend to provide generic investment recommendations.

The immense value of client’s personal knowledge, resources, and skills must be at the heart of any successful investment endeavour. You need to build strengths as well as core competencies to ensure a successful investment. Most importantly, you need to develop your own strategy based on significant principles.

7 Highly Interconnected Principles Of Wealth Creation

Build on competencies and core strengths – These are considered the raw materials necessary for you to succeed.

Grab every opportunity – You need to build on your knowledge of a specific field. When scanning the environment, you must take a long-range view.

Use networks – Be sure to keep core competencies at the heart of your network. Do not forget the significance of weak ties.

Implement an investment strategy that sets you apart from others – You need to decide where you want to differentiate – an industry, geography or a niche asset class? Again, build core competencies setting your apart and apply an indirect approach.

Prevent threats and handle risks reasonably – Risks and threats might inevitably lead to certain losses. You must manage them through in-depth analysis and careful selection of the core competencies that must be developed.

Observe the current trends and cycles – Timing is very crucial. You must think in cycles. Apply the big picture as well as clarify your investment horizon. Moreover, ensure strategic flexibility. Most importantly, be very courageous, creative, and patient.

Implement with efficiency – You need to reduce or avoid fees. Always implement your strategy at the lowest possible cost. At the same time, watch out for opportunity costs.

Tips of Building Wealth – Understand the Relationship Between Money and Life

Carpentry is a very noble profession. The carpenter plays a very important role in our society because they help us build a good and comfortable shelter. I couldn’t imagine a society without these humble carpenters.

Building wealth is just the same is carpentry. Financial advisers are like the carpenters. They will help you build that solid foundation to your wealth.

Now, let’s pretend that I am your financial adviser. I am here to show you some tips on how to start building your wealth.

Let us begin.

First, we need to know the meaning of wealth. The word is defined in the dictionary in several ways. Every person has his own idea of wealth. My idea might be a lot different from yours. That is why it is important that we have a common understanding of this concept.

What is wealth? For me, wealth does not only involve money. It can be anything that is valuable to a person. As in the bible, it is like a treasure hidden in a field.

What is a treasure? A treasure is a collection of precious things. It can be money, gold, a piece of land, an estate, a business venture or even persons.

Remember that old saying: whoever finds a faithful friend, finds a treasure. That clearly defines what a treasure is. It is something valuable that we hold close to our hearts.

Before you begin building your wealth, ask yourself: where is my treasure? Finding your treasure will lead you to the place where you will lay the foundation for building your wealth. It is the same with building a house. You need to get the location where you can lay the cornerstones.

When you have found your treasure, it’s time to start digging. You need to dig deep if you want to build a strong, solid foundation for your wealth. You need to know your responsibilities towards your treasure.

Once you have identified your responsibilities, it’s time to start building. This is where the money comes in. You will realize that there is a reciprocal relationship between money and your responsibilities. You start building your wealth by accumulating all the money you can get. As you begin to raise the money you need, your responsibilities eventually go down. This is called the X-curve concept.

Passive Income: Is It True? Does It Really Work?


Passive Income has been used by the rich and famous to develop, multiply and maintain wealth for centuries. Well known American business man Robert Kiyosaki says, there are basically 3 kinds of income:

1) Ordinary earned income: Money earned from a specific job via a salary of some sort. Certainly it is the highest-taxed income, and thereby, the hardest to build wealth with and takes the longest to build.

2) Portfolio income: Primarily received from paper assets like stocks, bonds, and mutual funds.

3) Passive income: For the most part, derived from real estate, royalties, and distributions. It is more appealing to the wealthy, is the lowest-taxed income, has numerous tax benefits, and thereby lends itself to be the easiest income to build wealth with.

So yes, Passive Income is true and it really works to build wealth! The question to be asked, is which form of Passive Income suits you best? If you’re “a hands on” kind of person with good credit and substantial cash, most likely you would prefer to get involved in real estate. If you are a writer, an inventor or a performer, then royalties would probably apply to you more. Distributions would apply more to those who are party to an investment trust or mutual funds that pay dividends to their shareholders periodically.

If none of these seem to fit your profile, then there are other Passive Opportunities that have appeared on the scene of late. These are options that are affordable and do not require trust funds or dividends from an old grandfathers treasure chest. It’s called Revenue Share and they are mainly accessible online. However not all Revenue Share Programs are equal, and you must know which ones to join. It’s best to research the revenue share programs you are interested in and get some guidance.

Convert Salaried Income Into Passive Income:

Rich dad said, “If you want to be rich, work for passive income.”

If you do not have a passive income working on your behalf you can start by taking your ordinary income and directing it into a Passive Income Option. Revenue Share is an easier Passive Income system to join because it is affordable to start and rate of returns is very encouraging.

The Revenue Share Programs referred to here are not considered investment programs but marketing/advertisement programs and produce high gains up into the 7 figures, for their most advanced members. The reason Revenue Share programs are marketing rather than investment charged is because they are product oriented and based on total revenue sales from advertisement purchases of their members. rather than investing, members purchase advertising packages to gain exposure to their business opportunities and receive rebate dollars on those purchases for a term or specific period of time. Compounding earnings are implemented through rebate dollars and rolled over repeatedly to create the exponential earning effect as in compounded interest.

Evaluate The Risk and Reward and How To Minimize:

However legal these Revenue Share Programs may be, some are not stable or long term. Just as in some stock investments, they could be risky, without the guidance of one who knows the field. The key is finding the right Revenue Share program to fit your needs and that is where a good Coach that understands Revenue Share, comes in. Just as a good stock broker and financial manager are like gold to a wealthy investor, so is a good coach to a person who chooses to participate in Revenue Share Programs. It means the difference between a 7 figure passive income and a 3 figure income.

So as one can see, the options for Passive Income have considerably expanded past Wall Street. Making 7 figures is no longer limited to the rich and famous which employ brainy bankers and economist to build and maintain their wealth. As predicted years or so ago, wealth opportunities have now reached the electronic stream of the internet and are no less powerful than those on Wall Street. The only difference is that they are available to the average person and does not require a million dollar bank account.

If you have a couple thousand dollars to leverage, you may want to consider Revenue Share for a substantial boost to your income and build a retirement nest egg for your future. It doesn’t take 20 to 40 years to realize an income that will give you complete freedom from debt. Just Remember, to get a good Coach that is experienced with Revenue Share, for guidance and the sun will shine on your pastures.

Understanding the Difference Between Fee-Only and Commission Based Asset Management

Having someone help you manage your wealth is a good idea. These highly trained managers know how to read the market and where to invest to make your money work for you instead of the other way around. When it comes time to select an asset management service you have a few choices. Do you go with the commission-only service, the fee-only service, or a hybrid of the two?

Commission-only Services

With commission-only, you will pay a fee for every service that your broker sells you. These costs may also be associated with specific transactions that your agent completes on your behalf. Most of these brokers are working hard to help their clients and do try to meet their needs. However, as they are only paid for certain products and transactions, these are the areas they are going to sell their clients on the hardest.

In some cases, their working model may miss your needs entirely. Should you choose to go with this type of asset management service, check to make sure their method lines up with your needs.

Fee-only Service

A fee-only service does not receive a commission on services or transactions they sell to you. Instead, you pay a flat fee for their services. These brokers tend to listen more closely to their customers because they are not driven by sales. While the fees will vary from broker to broker, it tends to be based on a percentage of the assets under their control. Larger accounts are charged a higher fee. However, some companies may charge a flat retainer fee or an hourly rate either in addition to or instead of the percentage rate. Some do charge for certain tasks or transactions, but they are not commission based.

Hybrid of Fee Based and Commission Services

While not as popular as the straight commission-based or fee-only services, some asset management services offer a combination of the two. They may require a flat fee or percentage of the assets to manage your account. They also make a commission off of some of the products and services they sell.

Unlike traditional commission-based providers, these managers tend to think and act more like a fee-only provider. They work hard to make sure their offerings line up with what you need. However, they will push a particular service to meet those needs over another if they are receiving a commission off it. There are some benefits to going this route. The fee to retain is generally lower because the commissions made later offset it. You also learn about newer products that meet your needs earlier if they can earn money off it.

The Secret Formula For Wealth in 180 Days!

why it’s so hard for most people to become wealthy.

SOLUTION?: Try a Revenue Share Program that has Longevity and is very stable. Their models, although not exactly the same, closely resemble the ones used by the rich and famous, enough to earn a 6 to 7 figure income. You can Compound your earnings which is on same order as compounding interest. There are many revenue share programs online, but not all of them are the same, as the old adage says, “Many are called but few are chosen”

It is important to remember that while the compounding interest formula is so important to wealth, there are other variables involved as well. Time is the key. The period of growth is essential, for the longer the period the more gain experienced. In the example above, 30 days is not so long to rack up millions, however imagine what it would be if it were 180 days that a penny was doubled? Wow! So the power of compounding is influenced by time. Therefore, take note: the program you are compounding in, you want to be confident they will be around for a long time.

With a good Revenue Share Program, depending on the amount of capital outlay, it would be very possible to reach into the millions within 180 days. For instance, one could start out with an initial capital outlay of $10 and compound it weekly for 25 weeks to see the following:

Week 1: $10
Week 2: $20
Week 3: $40
Week 4: $80
Week 5: $160
Week 6: $320
Week 7: $640
Week 8: $1,280
Week 9: $2,560
Week 10: $5,120
Week 11: $10,240
Week 12: $20,480
Week 13: $40,960
Week 14: $81,920
Week 15: $163,840
Week 16: $327,680
Week 17: $655,360
Week 18: $1,310,720
Week 19: $2,621,440
Week 20: $5,242,880
Week 21: $10,485,760
Week 22: $20,971,520
Week 23: $41,943,040
Week 24: $83,886,080
Week 25: $167,772,160

Looking at it from a practical view, at the start it might be a struggle to get things going. However, once a certain point is reached, one finds that it takes on a faster momentum as if it has a life of its own, and moves forward smoothly. Such is how it works in a Profit Share Program. Moreover, the illustration above doesn’t take into account the interest percentage or rebate given periodically, on each level of increase. So yes, this wealth is achievable whether it be a penny or $10 made to initiate the process. With the wealth tool that enables one to compound their interest or (earnings), millionaires can be made. Anyone who attempts to demonstrate this illustration, and reach for the stars, will surely achieve a measure of wealth, along the way, regardless if 25 days is completed or not. That is what makes it worth a try.

Carolyn North is the founder and CEO of WealthPreneurs, Inc, Atlanta, Ga, a financially empowering social organization designed to help people build wealth and enjoy their dream life. She has successfully earned a high income online and as a part time coach, she advises clients how to profit from opportunities with affordable capital options to maximize their gains. She provides private coaching, seminars and webinars to clients nationwide.