Wealth Strategies: Adding Resources to Your River of Wealth
January 27th, 2012 Filed under: wealth strategies — Wealth Building Author>Have you ever wondered what it would take for you to become wealthy? While there are a number of wealth strategies you can use to create lasting wealth in your life, you’ll find your biggest success by using the strategy that comes most naturally to you.
When you aren’t doing what comes naturally to you, making money can seem like a struggle. With struggle comes resistance, and that resistance to what you’re doing is what will keep you from creating lasting wealth.
What is wealth?
When you think of wealth, you might picture paper money in your wallet or a large bank balance – but while paper money and a big bank balance are one part of wealth, money alone is not wealth.
The difference between money and wealth is significant. While money, people, connections and opportunities are all resources that can flow in and out of your experience, wealth is the river that houses the flow of those resources.
For all of us, wealthy or not, opportunities don’t always pan out, and money comes and goes. However, a wealthy person can lose all their money and quickly bounce back because of the wealth they have built.
Think of wealth as a beautiful flowing river, and money as just one of many resources picked up by the river and delivered to you. When you build your wealth, because the river of wealth flows continuously, any resources that are in the river will be swiftly and easily carried downstream to you.
If the river of wealth provides a continual flow of resources for you to access, how do you get those resources into your river in the first place?
The key to creating a continual flow of resources is to:
1. Build strong relationships with people in your network
Building strong relationships with people in your network creates trust, and even if those people don’t need your services right away, when they do need the services you offer they will likely come to you – and recommend you to others – purely based on the trust you have established.
2. Follow your path of least resistance by doing what comes naturally to you
Wealth comes from living your path of least resistance – not from paddling upstream. When you paddle upstream all your resources are flowing downstream – away from you.
Here are 3 easy steps you can take to add a flow of resources to your river of wealth:
1. If making money feels like a struggle, just become aware that you might not be using the best wealth creation strategy for you. Stay open to the possibility that there might be another strategy you can use that will come naturally to you.
2. Delegate tasks you struggle with to others who seem to effortlessly perform those tasks. Delegating will help you relieve some of your struggle as well as allow others to be a contribution to you.
3. When you meet and connect with other people, take note of possible ways you may be able to support them in the future. Maintaining these relationships is key.
Although there are many ways you can add resources to your river of wealth, creating relationships with people in your network can be your biggest asset for creating long-term wealth. Word of mouth is the most trusted form of advertising, and when you build strong relationships with people they will refer you to others.
This is a great way to exponentially grow your resources! Every individual resource carries the potential to be long-term. Depending on what field you are in, you might be wondering how to create a long-term resource out of a short-term project or client. What happens if your business is one that only performs short-term work for your clients?
If one of your resources is a client who only needs your services for, say, 3 weeks – as long as you’ve built a great relationship with them they will likely refer you to others and that is how a short-term client can become a long-term resource.
Building relationships lays the foundation for future partnership. Not everyone will bring you business and cash flow the moment you meet them. However, with a well-maintained relationship built on trust, when they need something, they’ll remember the services you provide and likely come straight to you.
As you begin to build your wealth and you witness the continual flow of resources, you’ll start to have confidence in your flow of resources, knowing that opportunities are always available and are floating downstream to you.
Your ability to create wealth relies heavily on your ability to create and maintain strong relationships with others as well as finding (and using) your downstream wealth strategy. Are you ready to release the struggle and paddle downstream alongside your resources in your river of wealth?
