Tuesday, October 1, 2013

How To Create Wealth

If your goal is to become wealthy, you have to know how wealth is created.
The answer is contained in two words: “add value.”
All wealth comes from adding value in some way. All wealth comes from serving and satisfying your customers better than they could be served and satisfied by someone else.
Wealth is the result of adding value to them in a way that no one else can match. Think of it as your contribution to someone else and the end-product is the person's satisfaction and by-product is your paycheck which can be in several forms. The more contribution you make, the greater your paycheck. The more people you contribute to, the fatter your paycheck. Thus, it's safe to say that the value you have multiply by the people who benefit "immensely" from that value equals your wealth, or anybody's wealth.
Consider the richest people in the world, Bill Gates, Larry Page, Aliko Dangote and estimate the value they have made to several lives. This insight will give an understanding into the extent of their wealth and their steady and continued rise in fortune.
In your job, you should be looking for ways every day and every week to add value and to become more valuable than you were before.
Throughout your career, your main focus must be to constantly seek out ways that you can add value to your boss, to your co-workers, to your customers, to your suppliers, and to everyone else and anyone upon whom you rely for your success.
This should be your motto: Add value, add value, add value!”

Credit: Brian Tracy
 

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