Today, let’s discuss the 7 Wealth Laws
I recently heard an interview with Dennis Kimbrell, author of Success Secrets of Black Millionaires, discussing the 7 Wealth Laws.
Yesterday, when discussing the “silver tsunami” in Asheville, and the corresponding increase in housing costs, I suggested that one so affected had two choices: (1) Move Away or (2) Make More Money.
In case you missed it, here is a link to yesterday’s blog post
Today I would like to propose before we consider how to make more money, we should should first review the 7 wealth laws, each of which could be a separate discussion.
Here is my take-away notes from the interview with Dennis Kimbrell on the Wealth Laws:
1st wealth law – knowledge, if you want to earn more you need to learn more. The moment you cease to learn you begin to die
2nd wealth law – decision, you got to make life choices before life makes those choices for you (Steve Harvey). Accept your circumstances or decide to change them
3rd wealth law – belief, believe in yourself when no-one else will. The wealthy make money while the rest of us make excuses. Grace of God. – Faith
4th wealth law – to thine own self be true. The passionate committed mind, what is your life’s purpose? 1. What do I love to do
2. What would I do for free
3. If you can’t answer the 1st two, go to someone you respect and ask what do you see me as? A career is what you are paid for but a calling is what you are made for.
5th wealth law – serve, how may I serve thee? Service is the price you pay for the space you occupy. Quality of service + quantity of service + attitude = compensation
6th wealth law – own business, though shall be in business for thyself. The wealthy work for profits, not for wages. In today’s economy, if you are living off a single paycheck you are probably unemployed.
7th wealth law – grow money, make thy money grow. Wealth is not what you earn it’s what you keep.
Retire your debt
I believe your mindset as you are considering how to make more money is important. As you provide more value to more people, you will be compensated more. That’s just the way life works.
As we wind down 2015, now is the time to consider the following before making a decision on moving forward in 2016:
- Your values
- Who do you want to become in 2016
- What is unique about you where you can provide value to others
In my next post, I will discuss what actions you can take, based on the above items, to increase your success in 2016.
I look forward to speaking with you soon. Please feel free to comment or share is you found value.
Be blessed,
Ron
Ron McLean, the Dream Roper, helping YOU Lasso Your Dreams
text/cell: 864-404-6696
dreamroper.com
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