Wednesday, October 21, 2009

You Need to Know This!



What is The OUTER Game Building Wealth?
What to do, how to do it and
What actions you must take to build wealth.


Before you can do anything that will result in wealth building, you must become aware of what some of the things that you can do to build that additional wealth. There are many ways that you can build additional wealth.

We say that you must be aware of the outer game of wealth building.

First lets become aware of what the outer game of building wealth includes.



The OUTER Game of Wealth Building Includes:
The Outer Game:
what work you do for income - making money

how to manage your money

goal setting

budgeting

saving money

debt elimination

cash flow management

wills

trusts

negotiation

sales and marketing

asset protection

leaving a legacy

offshore - businesses, investing

etc.
Areas of wealth building:
real estate properties, wholesale, retail, foreclosures, owner financing, nothing down and equity sharing.

real estate lease options

building businesses

multiple streams of passive income

stocks and bonds

owning first and second mortgages

owning paper notes and liens

internet entrepreneur

information publishing

direct mail

finder's fees

MLM

affiliate programs

second and discount mortgages

etc.






Actions to Take:

Using the above lists for wealth building, check off the items that you feel you have an above average understanding of and an ability to do what is required to actually get results. You might rate each item on a scale from 1 to 10. A rating of 1 being minimal understanding and ability to build wealth and a rating of 10 being expert understanding and ability of wealth building. Be honest with yourself.

If you rate yourself as above average in several of these items - does your current wealth status reflect this. If YES, good for you! If NO, what stops you from making more headway with your wealth building plans.

How do you plan on improving your understanding and ability of wealth building. Write it down. Create a plan.



The problem is not what you can't do ...
It's what you won't do.

Prosperity is a state of Mind.
Once you have it you will never fear lack.The OUTER Game of Wealth Building Includes:
The Outer Game:
what work you do for income - making money

how to manage your money

goal setting

budgeting

saving money

debt elimination

cash flow management

wills

trusts

negotiation

sales and marketing

asset protection

leaving a legacy

offshore - businesses, investing

etc.
Areas of wealth building:
real estate properties, wholesale, retail, foreclosures, owner financing, nothing down and equity sharing.

real estate lease options

building businesses

multiple streams of passive income

stocks and bonds

owning first and second mortgages

owning paper notes and liens

internet entrepreneur

information publishing

direct mail

finder's fees

MLM

affiliate programs

second and discount mortgages

etc.

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