How To Earn Huge Income

How To Earn Huge Income

Your ability to earn an income is the first rung in the ladder of wealth building. The more income you generate, the more investable funds you tend to have for wealth building. When it comes to earning or generating income, we all know that the fundamental determinant of what you earn is the value you create for your clients or company. It is your contribution to your clients or the company you work for in terms of value that determines your compensation. The Law of Income simply says you will be paid in direct proportion to the value you deliver according to the marketplace Great principle….. Unfortunately, this is just one part of the equation. A half-truth can be very dangerous. This is the reason many people are frustrated today. They work so hard in their job to create great value for their clients or the company they work for, yet they seem not to be making headway financially. They become exasperated when they compare what they are earning with people who could not be said to be creating any meaningful value, yet earn huge income. For example, between a standup comedian and a university professor who creates greater value in people’s lives? The answer is obvious. The comedian can only make people laugh and feel good for a couple of minutes. The impact of his jokes is not a lasting or an enduring one. The question then is, who should earn more? Though you might want to argue that value is relative and it is as perceived by the customer. We all know that the comedian cannot transform...
Did You Know You Do not Necessarily Have To Spend Money To Acquire Assets?

Did You Know You Do not Necessarily Have To Spend Money To Acquire Assets?

“I tell you, my students, a man’s wealth is not in the coins he carries in his purse; it is the income he buildeth, the golden stream that continually floweth into his purse and keepeth it always bulging. That is what every man desireth. That is what thou, each one of thee desireth; an income that continueth to come whether thou work or travel.” – The Richest Man in Babylon by George S. Clason   Wealth is essentially asset-based. Real wealth is not a salary; it is not a paycheck. You are not wealthy because your salary is huge. Your wealth is defined in terms of assets that generate passive income. Generally, assets are either physical or nonphysical, tangible, or intangible. Commercial houses are examples of physical assets, while intellectual properties are good examples of intangible, nonphysical assets.  Intellectual properties are essentially creations of the human mind and intellect that are legally protected. They include copyrights, patents, trademarks, and trade secrets.   Your knowledge, information, and experience when properly harnessed, organized, and packaged become your intellectual property, with huge commercial value. It is, therefore, your unique opportunity and singular privilege to turn this intellectual property of yours to financial wealth.  Listen, friend, your intellectual property is an asset; it is the real wealth of the information age. Indeed, a man is wealthy not because of what he has, but essentially, because of what he knows. What he has can be lost through disaster, obsolescence, or theft. But what he knows, he can never lose unless he loses life itself.   The truth is that the world will always need great information and...
The Most Misleading Lie Ever Told About Wealth

The Most Misleading Lie Ever Told About Wealth

What if I told you that you’ve been lied to? What if I told you that wealth is not what you’ve been told and taught? Perhaps, you’ve been hypnotized by the world’s concept of wealth. Did you allow the media, entertainment, and sports word to define wealth for you?  Have you bought into the lies and fake lives of most professionals and senior executives, who fly business class all around the world, live in the upscale area of the city, drive the latest model of an exotic car? Listen it’s time to wake up and shake yourself free of these shackles of deception that have held many down financially. This deception about what true wealth is all about is the reason 80% to 90% of the world population are not wealthy. Society has lied to us about what it means to be wealthy. As a result, everyone is trying to LOOK wealthy, instead of paying the price to be truly wealthy. The irony of life is this, those who are truly wealthy try to live like the poor, while the poor are killing themselves to live like the wealthy. Indeed, empty barrels make the loudest noise. Listen, friend, you need a reorientation, a paradigm shift from the lie the society is presenting to you. This post is to help you know the truth about what true wealth is so that you can be free from the wrong perception and images the world has created of a wealthy person; which is making people take wrong steps and live fake lives. Now, if I asked you about your idea of who...
Money is Freedom

Money is Freedom

Top of the day. Money is a powerful freedom tool that can empower you to live as you wish. Within reason, when you are financially empowered, you live life the way you want it without money hindering or stopping you. You can pay your bills with ease, send your children to schools of your choice, buy whatever you want, live wherever you like without sweat, and go on vacation anywhere you desire at any time you want without money stopping you. Unfortunately, these are not the experiences of many working adults. Many work so much with almost nothing to show financially for their labor. As a result, they are forced to live lives that are far from their desired lifestyles. At retirement, their living situation becomes agonizing and unbearable. The available statistic about retirees is very disheartening and frightening. It shows that only about 5 percent of sixty-five-year-olds will retire financially independent. This means 95 percent of retirees will need one form of support or another; this could be either government or family support to meet the basic needs of life. These are people who have spent an average of forty years of their adult lives laboring in various fields of human endeavor. And now in their old age, they are finding it difficult to support themselves. They would have to spend their remaining days on the earth under financial pressure and stress. What a life! Money indeed empowers you to live free of financial stress. One of the great desires of every adult person is to live free of any form of financial harassment, embarrassment, worry, and pressure....
3 Ways To Become A Money Master

3 Ways To Become A Money Master

Honestly, money can be mastered. You can indeed, master money. Many have done it, and it’s now your turn to master it. All you will need to become a money master is, mastering the basics of wealth building. Oxford Languages defines Mastery as 1. comprehensive knowledge or skill in a particular subject or activity 2. control or superiority over someone or something. While Merriam Webster defines it as 1a. the authority of a master : dominion. b : the upper hand in a contest or competition : superiority, ascendancy. 2a : possession or display of great skill or technique. b : skill or knowledge that makes one master of a subject : command. Those who have truly gained mastery over money live in financial freedom. Money mastery is the pathway to wealth creation and financial freedom. In the world of money, this is what establishes you a Money Master. In this post, I will show you how you can gain mastery over money in order to create wealth and ultimately live in financial freedom. It All Begins With Financial Education It would interest you to know that your journey to money mastery must begin with a burning desire to get financial education. Financial education will impact upon you the necessary financial intelligence that would put you in control of money. With financial intelligence, you simply take command of money. Financial intelligence is the sure path to money mastery. Simply put, to gain mastery over money, you need to understand the intricacies of how money works. Making Money Is A Skill  Making money and building wealth is a skill. This...
Your Shortcut To Wealth And Financial Freedom

Your Shortcut To Wealth And Financial Freedom

What if I told you that we are living in the very best time in all of human history for achieving financial freedom, would you be motivated and encouraged to pursue your financial dreams? Honestly, the access to information and knowledge has opened up the floodgates of wealth to everyone who will put in the necessary efforts to claim their portion of the Commonwealth. “In the Information Age, anyone can get wealthy because everyone has access to the same information via the Internet.”- Robert Kiyosaki Listen, friend, the knowledge and information that would increase your probability of achieving financial freedom are in the public domain……they are no longer hidden……they are no longer secrets. The Principles Of Wealth Building Are No Longer Secrets If what makes for financial fortune is still a secret to you, it shows you have not made the effort to search it out. There is nothing new under heaven. There is nothing you want to achieve today that someone somewhere has not achieved. Your greatest task in the pursuit of financial freedom is to search out what the wealthy have done to accumulate their wealth, and then, do the same until yours become a reality. The Old Testament admonishes that you should, “Stand ye in the ways, and see, and ask for the old paths, where is the good way, and walk therein, and ye shall find rest for your souls.” The truth is that you don’t have to reinvent the wheel of financial fortune. The principles of financial freedom are no longer secrets. The information age has democratized access to wealth and financial freedom forever....