Monday, April 27, 2009

What Does It Take To Create Wealth?

What does it take to create wealth? The concept of wealth is of great importance in economics, especially development economics, yet the definition of wealth is not straightforward and there is no universally agreed-upon definition. Different definitions and concepts of wealth have been put forth by different authors and in different contexts. The choice of a definition of wealth can be normative and have ethical implications, since wealth maximization is often seen as a goal or put forth as a normative principle of its own. The Nouveau Riche Real Estate Investment College can give you multiple avenues in creating wealth; educate you on getting it right the first time, and maximizing your potential towards creating your wealth. But before we get into that, let’s talk about some myths that commonly keep people from taking the first step.

You have probably read or heard about various myths (these are the truths that are valid only for certain cases, but not in general) surrounding wealth and wealthy people, all of which hinder your quest for financial independence. Here are the most common and most destructive:

Myth No. 1: How much you earn depends on how hard you work

If this were true, then the physical, blue-collar workers, who have been working hard for years, would have been the wealthiest people on earth. Of course, this isn't true. They form most of the workforce and the vast majority of the middle-class. If you witnessed your parents coming home tired from a long day's work in your youth, you probably learned that money wasn't a sufficient reward for all that effort. People who work "just" for the money often have debts because they comfort themselves with whatever they can buy, beautiful things they lack when working. Nouveau Riche can show you opportunities and education that will give you an entirely different outlook on working hard to bring in multiple streams of income vs. one income that barely gets the bills paid.

Myth No. 2: Being paid for something you enjoy isn't work and you shouldn't ask for money for doing something that is enjoyable.

Check this with millionaires. They all have so much money that they don't need to work anymore. Nevertheless, they work for other reasons, challenge, satisfaction, fullness of life, activity, fun ... and all are connected to a love for their work. If there was no joy in doing a certain task, they would do something else that would make them much happier and that enables them to realize their dreams. In fact, if you don't enjoy your work, you will never become wealthy doing it! However, just because you enjoy your work doesn't mean you shouldn't get paid for it - in fact, that is the ultimate goal, to get paid for what you already enjoy so it never feels like you are at work! You will find an entire community of like-minded individuals with Nouveau Riche that will tell you time and time again that they love what they do. In part because of the money they earn and because they completely enjoy what they do and would hardly call it work.

Myth No. 3: You need to be in the right line of business to amass wealth

Do you think so? This must mean that all the people who are involved in the same business are millionaires. Of course, this isn't true. In each business there are winners and losers; winners abound, even in businesses that consist of distasteful (to most) or "impossible" work like sweeping the streets, collecting the trash, working in a factory, pumping gas, selling newspapers, etc. On the other hand, there are just as many "losers" in businesses like selling real estate, management or being a stockbroker. You don’t need to be in the “right” business you just need to know how to maximize the potential of a business the “right” way. The Nouveau Riche education and ongoing training will give you all of the tools, knowledge, confidence and motivation to not only get started right away with results but continue to exceed your goals. The Nouveau Riche training will put you on your path to creating wealth and keep you on that path with Nouveau Riche support and the support of an entire like-minded community.

Myth No. 4: You need the right education to make a fortune

Are the most educated people really the wealthiest? Not at all! In this case, university professors would be the wealthiest people on earth. Ask them about their salaries, if you get the opportunity. The truth is vastly different - the wealthiest people are those who can convert their knowledge (or education) into money, in the best possible way. They can be highly educated people (like inventors, scientists, etc.) or almost ignorant. Being formally uneducated does not equate to poor performance on the job or the inability to form a strong enough vision to carry a person to success - they can easily be experts without having a formal education. The Nouveau Riche Real Estate Investment College is a perfect example of this theory in the fact that you can receive a full education specifically designed by your goals and interests and show you how to convert your education into money. And Nouveau Riche will show how to convert your education into money, not once, not twice, but time and time again so that you can reach and exceed your goals of wealth creation.

Myth No. 5: It used to be easier

Statistics show an increase in the number of millionaires in the world every year. Talking about the "good old times" only offers comfort and a convenient excuse. If you look around, you'll see there are people who behaved the same way in the "good old times" as they do now, yet their success has been recent. With technology and progress come new ideas, desires and needs and there are more business opportunities appearing daily to serve them. Nouveau Riche can give you an opportunity to create wealth with a combination of the new and the old. Nouveau Riche will show you an entrepreneurial opportunity that will allow you to generate a very profitable stream of income as well as educate you in real estate investing, which has found success for decades, and create multiple streams of income.

Myth No. 6: I'm too old (young)

If you research the life stories of some of the most successful people, you'll see that this isn't true at all. Some became wealthy early in their lives (perhaps from the stock market), while others found their fortune in their old age. Ray Kroc, was more than fifty years old when he bought and made the first McDonald's. The Nouveau Riche community is full of a range of ages from 18 to 80. No matter what your age is, Nouveau Riche will be able to give you the tools, knowledge, confidence and motivation to take your first step towards creating wealth and teach you how to run towards your goals.

Myth No. 7: I don't have enough money to start. You have to spend money to make money.

This is no different from any other excuse or "myth." Like the others, it's obvious this one isn't true either. Many have made their fortunes starting from scratch, living in an apartment or working out of their garage and yet, they developed business empires that are worth billions of dollars today. The other elements of success are far more important than having seed money to start a business. But yes, often money helps and it certainly doesn't hurt. Like everything else discussed in other myths: it probably helps, but it is not always necessary. Nouveau Riche is an opportunity that you can get started with if you have money or not. If you have money, Nouveau Riche will show you how to multiply it through several avenues that you can be confident with. If you don’t have money, Nouveau Riche can give you an opportunity to start making some, and lots of it, and all you need is the desire to succeed. The Nouveau Riche opportunities, education, training and community will open up doors for you to start making money from nothing to creating an abundance of wealth and teach you how important it is to “give back”.

Myth No. 8: I'll begin when I know everything

Do you believe that you will know everything someday? Or even that you'll know enough to ever be "really prepared now?" The more you learn, the more you see what you still need to learn. Success and obtaining wealth is a dynamic process. Even if you "could" come out of the gate knowing everything there is to know, some of those elements will change immediately and many will change rapidly. If you don't decide now, nothing will happen. Live and learn. Some millionaires have even allowed themselves to go bankrupt and then (even faster) recreated their wealth, sometimes even greater than before. Money itself isn't the obstacle that is keeping you from being wealthy. If you're really good in your business, don't worry, because someone (a bank or business partner) that can help with your needs and concerns will cross paths with you and they will help you because they will appreciate your talent knowing you are a very good investment opportunity. But you can't sit around waiting for this - make it happen.

Exercise "taking action" as much as you can. Make your workplace better or more efficient. After all, even if someone else signs your paycheck, you really work for you. Even if you are an employee in a large corporation - it isn't your corporation - but it is the only corporation through which you can prove what you are capable of right now. All of us have what it takes to become a millionaire! Born winners, yet few of us know how to take advantage of and cultivate the possibilities hidden inside our own mind! No one can ever grant you greater potential than your heart already holds…you need only discover its contents to find the one true path to your success in life. Born with the seeds to our success, the greatest decisions must always come from the inside! You will discover a new, deep well of fortune – yourself!

The Nouveau Riche Real Estate Investment College can give you a full spectrum of education on real estate investing, financial management, tax strategies and several other wealth creation tools but the beautiful aspect is that you can learn as much as you want at your pace. The Nouveau Riche Training can give you a whole new perspective in unleashing the desire to be great that is currently inside of you and show you how to put it to good use so that you can reach your potential, succeed beyond your dreams and build a better future for you and the generations that follow you.

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