fbpx

The pathway to wealth

Wealth means financial prosperity or financial freedom, it is having abundant financial supply alongside the means to replenish and sustain it.

Having lots of money in your bank account now does not mean you are wealthy. You can stumble on money but you cannot stumble on Wealth

There is a pathway to wealth. Wealth is not built desperately, it is built deliberately. Being wealthy is also how much you can give and still remain rich and comfortable.

Genres:
Tags:
Excerpt:

The pathway to wealth

I know a lot of people as propounded different theories on Wealth creation and Financial prosperity.,.

I am not here to add to their theories

Before we continue, we need to understand what ‘Wealth’ really is...

Is there any difference BTW wealth and riches?

There is a clear difference between being rich and being wealthy. Being rich is having a lot of money and possessions

While being wealthy is determined by how long you can live without working for money and still be comfortable

Robert Kiyosaki said in his book; Rich dad Poor dad, “Wealth is a person's ability to survive so many numbers of days forward. If I stopped working today, how long could I survive?”

Wealth means financial prosperity or financial freedom, it is having abundant financial supply alongside the means to replenish and sustain it.

READ MORE

Having lots of money in your bank account now does not mean you are wealthy. You can stumble on money but you cannot stumble on Wealth

There is a pathway to wealth. Wealth is not built desperately, it is built deliberately

Being wealthy is also how much you can give and still remain rich and comfortable.

This is the stage we should all strive to attain. Having lots of money without using it to help those that are poor and needy is useless.

A young man once asked a wise man, "What is the one thing I need to know to be successful".

And the wise man replied, "One thing you need to know is that there is no one thing you need to know to be successful"

I have discovered that the pathway to wealth is as simple as preparing your meal. When you are preparing your meal, you get one, two or three ingredients together to make the meal. Each ingredient is not that important when it is alone.

You need to apply several principles and know what works best for you.

I want you to know that the pathway to wealth is the combination of different principles.

 

Principles are respecter of no man; if you follow them, they will work for you and if you break them, they will work against you, irrespective of who you are.

I have always hated to be poor and see poor and needy people suffer. I feel pain in my heart when people are poor and needy around me and I can’t do anything to help them, because of these reasons I studied, searched and thought of how to be prosperous so that I can help myself, my family and my society.

This lead to the publication of my 3 books The Science of Prosperity, The Act of Giving: Secrets of Divine Prosperity, and Epignosis of Money.

Even though I am not that wealthy, but I know I am on the pathway to wealth that's why I want to take as many people as possible along.

The pathway to wealth is the pursuit of knowledge and the understanding of how money works.

To achieve success or wealth, you have to do something or take action.

The secret of accomplishment is in what is called “The law of cause and effect”, same as “The law of sowing and reaping”. To every effect or result, there is always a cause.

Nothing just happens; the wealthy or successful people you see have made the decision to take some steps to become who they are. Between your desire for wealth and your achievement of wealth is your decision to take action.

Many people just daydream without working on their dream.

They do not achieve their dreams probably because of fear or doubt. You cannot achieve success or wealth if you fill your mind with unbelief. You have to take a risk; it is risky not to take risks because life is all full of risk.

Wealth is having abundant financial supply alongside the means to replenish and sustain it.

A wealthy man can replicate his wealth at any time because he has invested in himself. A wealthy man has made himself so valuable that he has enough value to exchange for money at any time.

The reason the poor are poor is not because of lack of money but lack of value. The poor is also getting poorer because of their poor mindset.

If you want to confirm, give a poor man 1million and a rich man 1million. You will see that after 2 years the rich man will become richer and the poor man will still be poor.

Because the poor man will lavish all the money on fine clothes, cars, and accessories to look rich without investing it in his future.

Many young people today still make this mistake. We use the money we do not have to buy the things we do not need in order to impress people we do not know.

We spend our money on liabilities instead of assets.  A liability is anything that takes money away from your pocket while assets bring money to your pocket.

I have discovered that many young people are in a haste to buy a car because they could afford it, end up selling it within 2years because of the expenses to maintain it.

We need financial literacy, financial discipline, and financial management to create our wealth that will bring us the comfort we desire.

I will explain 3 main things we need to invest in to create our wealth.

  1. Invest in Yourself

This is the best investment you can give to yourself. You can lose the money in your pocket or account but you can never lose the value, talent, skills, competence, knowledge, and experience you have invested in yourself.

You take this with you anywhere you go on this earth, you can always replicate your wealth with what you have invested in yourself.

Invest in yourself daily, at the end of the year you should do a breakdown of all the values you have acquired.

Do not remain the way you are, if you are not better than the way you were yesterday, then you are not growing.

A friend once said, If you are not growing to be meaningful then you are dying to be meaningless.

The market is interested in what you have to offer; no company will employ you if you are not valuable or don’t have a value to offer.

In this era of computerization, automation, digitalization, globalization, robotics, and artificial intelligence, the world is revolving and some job descriptions are becoming extinct. You need to keep developing yourself to be relevant in the marketplace.

  1. Invest in Relationship

The rich understand the importance of people, that is why they build quality relationships and expand their network, while the poor do not.

Your network is your net worth. You need people to be successful in life and business. You need to have good communication and interpersonal skills because people do not care how much you know until they know how much you care. You need people to guide and show you the way.

You need to value and invest in quality relationships by being nice and of a good attitude to the people around you because you do not know who will be of favour to you in the future.

Mrs. Moradeke said credible relationships are another form of currency. If you do not have money in the form of cash but you have people who have what you need, you are wealthy.

I learnt this principle while working in the social sector. You can start a business or organize a big event by collaborating and collaborating with people that have what you need.

Your network and relationships can open some doors you do not have the capacity for. Many of us are bad at building quality relationships, we say, "I am not the talking type, I don't know how to keep in touch with friends".

When last did you check on your friends? We only remember them when we need them

This is not good at all... It was Albert Einstein that said, “If I can see any further, it is because I am standing on the shoulders of people who have gone ahead of me.” No company can exist without people who make up the staff or team. No leader can achieve anything without people.

  1. Invest in Business

For you to become rich you have to invest in a business. If you do not have any goods or services to render you cannot do business to make money. Even if you are gainfully employed, you should own your business.

In order to invest in any business, you must understand the business and acquire the necessary skills to run the business. If you cannot run the business, then you invest in an already existing business that is running successfully and get your percentage from the profit known as ROI (Return on Investment).

I have discovered that you don't necessarily need to have the skills before you invest in a business, but you need to understand how the business works, then look for people that have the skills and employ them, then manage them well.

Wealth creation is about solving problems and making money in returns. The more problems you solve, the richer you become.

In my book The Science of Prosperity, I taught how to solve problem with your talents by leveraging people and information to create your wealth.

The truth is there are natural principles of wealth creation and spiritual principles of wealth creation. Divine prosperity involves spiritual principles and it is only those that are spiritual that can enjoy the benefit because you cannot benefit from what you don’t believe in.

COLLAPSE
No comments yet! You be the first to comment.

Leave a Reply

Your email address will not be published. Required fields are marked *