How To Create Real Wealth

by Rich Miller · 0 comments

WealthWhat if your mortgage payment was always just one push of a button away?

What if you never had to worry about money?

What if you had all the time in the world to do the things you’ve always dreamed of and to spend it with those you cherish most?

 

Don’t you deserve to have your life back?

All you need is leverage, and it’s one click away. Watch this short video now: https://daegansmith.infusionsoft.com/go/mlsv/rhd/  “How To Create Real Wealth”

I’d like to share something with you will prove profound in nature where wealth creation is concerned. Let me share with you a quick story that will bring our points to light . . .

When I first tasted success in my little online business, the WAY that I created that initial seed of success, was by NOT following the status quo (no surprise).

I saw all the big downline reports, and I LEARNED that this success was created by buying and calling leads. This method didn’t work for me. It almost destroyed my credit.

Yet the goal remained strong. I wasn’t willing to quit….

I decided to change the method by which I was to reach my goal. I didn’t have success calling leads so I didn’t.

I added leverage to the equation. Instead of buying and calling leads, I decided to generate my own online.

This ONE change was the first THE game changer for me. Instead of trying to call and “convince” people to join my business I put myself in a business designed to allow them to convince themselves without me being there.

I knew that if I could just get enough people to convince themselves I’d succeed.
I was right.

A couple years and 8,471+ some odd people later I had achieved my goal without calling a soul. (Later I leveraged this same method into much larger organizations must quicker, but that’s a story for later)

I realized that for this methodology to work, it wasn’t  about me being better at selling, rather it was about me FINDING as many people as I could who would be most likely to say yes.

That’s what I focused on. Getting good at finding those people.

That’s lesson #1 – Flexibility Of Modality

Setting goals is important, but don’t
handcuff yourself to the method by which you shall achieve your end.

There’s often, a better, smarter, and easier way to go about getting what you want if you allow for it.

What I see most people faltering at is
simultaneously with setting a goal (no fault there), almost instinctively locking themselves into “HOW” that goal must be achieved. This is wrong.

Once you learn to be flexible in the manner in which that goal can be obtained you will find yourself hitting that goal far more readily and with far greater ease.

To this day when I set new goals for myself I often plot multiple paths to achievement based on my knowledge base and experience.

You should follow suit.

As they say “there’s more than one way to skin a cat”

On to lesson #2, which is even more
imperceptible but far more powerful for your personal long term wealth creation goals once realized.

This one, you’ll take with you, no matter what you do for the rest of your life. It’s applications are truly universal.

Once I had my first “taste” of success,
here’s what mattered more than anything else . . .

After I amassed a team through my own
efforts, the first thing that I did was I turned around and started a marketing co-op where I and the rest of our team pooled our money together to take advantage of advertising opportunities none of us could have accessed individually.

We all pooled our money together to advertise in bulk.

As a result, our individual loses were
minimized, we all reaped the rewards of the successes uniformly, and we simply got more traffic and leads because our combined buying power got us wholesale prices on our advertising.

In other words, we had more success simply because combined we spent more and got more for it and grew steadily past the 8,471 person mark because of this.

Now here’s where things get interesting.

The whole time we grew, I put my money back into two things:

1. Paying down past debt
2. Our current successes

Why?

Getting rid of debt buys you freedom and recycling your profits into winners begets more profits.

This is a powerful positive feedback loop that you’ll find the wealthiest among us leveraging routinely (yet, not speaking much to it).

Creating freedom and then proactively turning over profits into more profits is the definition of wealth creation.

Write that one down.

I think the examples we see of people buying fancy cars or taking crazy expensive vacations are horrible ideals for what removing yourself from financial bondages really buys you.

Too many people turn a quick profit and just as quickly spend that money frivolously on “experiences” to “reward” themselves NOW, but the smartest do the opposite.

Lesson #2 – Recycle Profits Aggressively To Grow Wealthy Later

True wealth creators don’t play a game of how can I look cool or feel rich with my money, they play a game of how can I take this profit and turn it into more profits.

The faster you can take your profits, spend them (recycle them), to create more profits the wealthier you will become long term.

It’s a habit like anything else and it’s based on simple math . . .

If I make $100 today and use $50 of it to do something cool, I’ve just cut my future profit potential in half, but if, I on the other hand . . .

Take that $100 profits and focus my efforts and buying power on turning it into another $100 profits I’ve just doubled my wealth again.

That’s why I put every dollar I made in those early days into either getting rid of debt or our team co-op. That co-op was the most powerful wealth creation asset I could buy at the time.

While others bragged about “cool” trips or nice cars they purchased I bought wealth instead. So should you.

Why do the best seem to make money so easily?

They understand the way wealth is created and now you do too.

Remember this for the rest of your life.

Recycled profits create leveraged profits and leverage profits create wealth.

The faster you recycle a dollar of profit into two dollars of profit, and the faster you can complete that cycle over and over again the more wealth you’ll create now and later.

Now Stop.

Take a deep breath and let it all soak in for a second, but we’re not done yet.

There’s still the keystone that pulls all this together that needs to be explored, so focus back in . . .

We know that setting goals, but being open enough to accept different paths to achievement of said goal is step #1, and that proactively and aggressively recycling profits back into more profits gets the wealth creation feedback cycle rolling, but we haven’t discussed what makes a good profit investment, an ok profit investment, and what makes a bad profit investment.

It’s important we spend a few minutes on these so your ship to wealth is assured to sail.

Bad assets are all things that depreciate or have no tangible value. Things like the proverbial fancy car.

Mediocre assets are things that do
appreciate, but are neither liquid nor create a high return on investment. The most glaring example (if you know anything about me) is property.

Exceptional assets for “us’ins” as
entrepreneurs are simple.

1. Our niche specific education
2. Our marketing know how
3. Anything that builds your list

We live in an information age.

Ideas are our currency. Those with the best ideas (those ideas that help the most people in our specific niche) and that get those ideas out to the largest number of those who seek them have the highest profit potential and hence the highest wealth creation potential.

That is where ALL your leverage lies and where you’ll create the fastest profit recycling potential.

Make money, eliminate your debts, recycle your profits into YOU so your know how can solve problems for and enrich others and  create massive profits now and ever flowing wealth for YOU later.

Then build a list of “loyal”, happy followers, and never a day will money not flow to you.

Go here to start your journey to creating wealth now: https://daegansmith.infusionsoft.com/go/mlsv/rhd/

You’ll learn these skills no where else. – …. Daegan Smith

 

Please pass this on to those that you want to help Succeed in 2012!

 

To Your Success,
Rich Miller

 

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