Four Pillars of Creating
Wealth
Some people in this world are thinking that their poor financial
condition today is their destiny. They keep telling themselves
that they’ll never get rich in this lifetime. Are you
one of those people? If you are, it’s a good thing that
you find this article, because I want to personally give you
four pillars of creating wealth that are being done by many
rich people in this world.
These rich people just know how to get out of their financial
problem and start to create wealth. They are just like the
rest of us, they don’t have a special talent, and they
are not good looking people or movie star either.
So, you start to wonder how they can become wealthy, rich
and even financially free.
Here are the secret they know that most of us have heard about.
The problem is laid on all of us. We usually just let the
information passing us, and we don’t do anything about
those information. Now, it’s the time for me to remind
all of us, and start to do something about it.
The first pillars that we might want to do is own a business.
Here is the tricky part, owning a business give you a financial
freedom, but it also can give you a new headache. What I meant
is that every one of us needs to run the business that has
a system. This system has to be created in such a way that
make the business can run without the constant intervene from
us. I will suggest you to read an excellence book about it
called “E-Myth revisited” by Michael E. Gerber.
If you want to start with a business that already has proven
system, you might want to consider a franchise. A good franchise
usually will provide you with a proven working system to their
franchisee. So, the franchisee can start their business smoothly
and quickly.
The next one on the list will be real estates. A lot of American
nowadays is enjoying a big raise on real estates value in
the past couple years. Some of them have multiply their asset
by double in these couple years alone. The tricky question
is how they know that their property value will be going up.
Well, the answer is they don’t know either. It’s
just a pure luck, that’s what I think. This won’t
make anybody to achieve financial freedom.
What can make everyone to achieve financial freedom in real
estate is by buying a real estate with somebody else money.
Yes, with somebody else money. Here is the story I got from
a janitor in San Francisco. He works as a janitor but he owns
2 houses in San Francisco. You might ask how he can do that.
The answer is he bought his house on a mortgage with a very
low interest income. He splits the house into two rooms that
he rented out for two families that has to pay him rental
fee each month. With that money he can finance his mortgage
with somebody else’s money. Smart, isn’t he?
Ok, the third one is through investment. A lot of American
lost his money in stock investment in 2000. When all those
dotcoms companies felt down, so did American. So, the question
is whether it’s save to put your money to investment.
The answer is yes. We all have to learn from mistake, not
running from the mistake. We all know that a lot of people
are blindly put their money in those dotcoms companies. So,
next time you need to invest you better learn the company
first.
There are a lot of tips that are available from the experts
about how to choose the right investment. They all offer you
with different solutions, so it’s depend on our judgments
which one you think is the most trustworthy.
Ok, you might want to scream by now, all of those above investment
need a lot of money to invest in. You will start to tell me
that your saving is very low; you have debts to pay, etc.
I know that most of us don’t have that kind of money
in our saving. So, is it impossible for us to create our wealth?
The answer again is No.
Here comes the fourth pillar. Thanks to technology that now
we have the internet. With the internet we can create a low
cost business with unlimited income. Yes, you have heard about
it, but have you start to do that? With internet business,
a lot of people have earned tons of money from it with very
small cost. Comparing to those three pillars I mentioned above,
this pillar is definitely has the highest return.
You have to try to find a perfect internet home business for
you. You should do the researches before you decide to join
and work for the company. You can find literally thousands
of company that offer you with this kind of opportunities.
Now, I have mentioned all four pillars to create wealth. I
have left you with no excuse from creating your own wealth,
unless you don’t want to achieve your own financial
freedom. So, I’ll leave all the options to you. You
are the decision maker, and you are the only one can decide
your future from today
Author: Yochention Saritoh
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