There are only two types of financial strategies for creating wealth. In this video, I go over these two different methods and show you how to accumulate wealth no matter what.
The two ways to create wealth are to either own a business or to control a vital resource.
When you own a business, that means owning a product or a service. You can choose to do this either directly or indirectly. If you choose to do this directly, you could be an entrepreneur and actually build the business yourself. However, if you’d rather have indirect control of the business, you can simply invest and develop a stake that way.
Whether you control a business directly or indirectly, both are valid ways of making money. It’s ultimately up to you which of these types of financial strategies you want to employ. However, knowing how to accumulate wealth through both methods can be beneficial from a financial standpoint.
Beyond controlling a business, you can also control a vital resource. Gold, oil, and water are all resources that people need and that we can control. How can you control a resource? You can either own that resource or you can invest in one.
Although you can certainly find sources of gold or oil to control, it’s more common to invest. By investing, you have the opportunity to grow your wealth in concordance with the value of that resource, without having to assume full ownership.
These two types of financial strategies are the ONLY two ways of making money consistently. Learning how to accumulate wealth means deciding where you want to put your money so that it best serves your interests.
0 Comments