Wages Will Never Make You Wealthy. For That, You Need To Build Assets. Here's Why.
Read carefully what I have to say here and make sure you understand. It will change your life!
The engine that creates wealth is not you and is not your money. Money may be the result, but it is not the engine.
So many of us are focused on making money. That's a big mistake if you want to get truly wealthy. You will never get wealthy if your focus is on earning wages.
Here's why--if your focus is on making money then you're essentially trying to figure out how to trade your time and effort for money. Think about that a minute.
Do you see the problem? Your focus is on you and what you can earn. Wages will never make you wealthy! Your own personal efforts without leverage are never enough.
Instead, learn to replace yourself as a wage earner. And then repeat and refine what you have done.
So how do you do that?
By focusing on creating assets. and ways to leverage your ability to do so.
It's like building a network of our own personal mini ATMs...
“How Do We Create Wealth? By Focusing on Building Assets and Leveraging Our Ability to Do So.”
If You're New To Squidoo...
And Even If You're Not :p
Each online business you build, each blog entry, each comment, each article, each squidoo lens, each product is like a mini 24 hour ATM.
They represent tiny streams of cash flow for you. And as you get better and better they can turn into raging rivers.
But you have to learn how to go about things properly. If you do you, and have a little patience, you will find that your assets begin to snowball until one day....
Your Assets Are Able to Earn More Than You Can
When you are able to grasp this simple yet crucial concept you are ready to begin creating wealth.
My 24 Hour ATM Blog
I'm just starting to create a blog about this very subject. It's called My 24 Hour ATM Below is an RSS feed from my blog...
Each asset I create is like my own personal 24 hour ATM. The job of the asset is to make sure my account is full of cash ready to withdraw when I need it.
Come visit! It's a work-in-progress, (as is this lens) but I have big plans and everything has to start somewhere. I would value each and every comment from my Squidoo family! :p
Who am I?
If This Lens Speaks to You Please Give it a Thumb's Up
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Are You Ready To Begin Building Assets?
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chrisurso
Mar 12, 2012 @ 1:08 pm | delete
- Excellent advice Chris! Thanks for sharing all this!
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godinhora
Sep 12, 2011 @ 3:15 am | delete
- Thanks for the lens and solid advice, it all ways pays to do things that amplify your passions, a great rule is to aquire assets that generate revenue. Thanks again for your wisdom and practicle advise...
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RenaissanceWoman2010
Aug 1, 2011 @ 5:57 pm | delete
- I appreciate your philosophy and approach. Thanks for the resources. Just a quick heads-up: Check your blog link. It wasn't working when I tried it (missing part of the URL).
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bechand
Jul 17, 2011 @ 9:10 am | delete
- I have found success with squidoo as well. Not all of my pages are big earners, nor do they all earn anything - but find something special, and it pays off over time :O)
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This UpMarket page written by
Chris-H
Dad, Entrepreneur, Poet, Philosopher, Author, Real Estate Investor, Blackbelt, Student and Teacher.
I love people and ideas! I'm always learning and...
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Deluxe. Remarkable. Creative. Unusual. Successful. Upmarket businesses push the envelope -- does yours?
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