Do you hate not being one of the assholes of the world that are considered wealthy? Yea..... me too. Wealth is an interesting word when you think about all the different contexts it can be used in. To most people the word wealth has no consistent role in their vocabulary but for me that's not the case. I have to deal with people, people's money and business money as well, so wealth is a word I find myself using often. What caught my attention is the misconception of wealth or the lack of understanding wealth. The first concept that I want readers to grasp about wealth is that, wealth is not created, wealth is transfered. That means that valuable resources move from one ownership to the next through economic trade. The only thing being created is wealth under your name, not the wealth or the name. The second concept I find overlooked is that, wealth is not a large sum of money. Wealth is only a description of the accumulation of resources, whether abundant or not. The last and most important concept I want to be snatched up by all of you, is that wealth is not gained for the sake of gaining. Contrary to what may be felt or perceived, when wealth is pursued it is pursued for a reason. There must be a definitive reason why one pursues wealth. Now that those three concepts have been established we now must find out why the hell this matters to us, the other 99% (hahahaaaa). I think that if we stick to these core ideas about wealth we can create a formal understanding of wealth and thus find wealth because we know what we are looking for and how to get it. Know that the United States of America is the 2nd wealthiest nation in the world, second only to new number 1 seed, Russia. That means the US has about 25.4% of the world's net worth. One could say there is wealth spread through out our country, maybe not equally, but there is a great deal of wealth through out the land. These reserves of wealth are just that, reserves of valuable resources on hold ready to be exchanged for a good or service. Different goods and services have different opportunities to wealth. Some of those opportunities come with more wealth opportunity than others. It's charged to the individual to find reasonable reserves of wealth to extract from by providing a good or service. That shit sounds confusing, I know, but think of it this way. We Americans, who aren't completely poor, have money...and we use that money on things we want or need. Companies and people alike compete for that little reserve of wealth you have. Mcdonalds sells burgers and they figure they can extract $1 at a time from millions of people and slowly they will amass a great amount of $1's. They did this by providing a product(food) and service(fast food) to the public that the public decided was worth parting with $1 of their wealth. In other words, a lot of the wealth you seek is sprinkled around you. You must find/create a service or product to provide and remember that the product or service you provide has a limited amount of wealth available for extraction. Additionally, the longevity of the product or service is directly linked to the amount of wealth that can be extracted from its target market. The moment you figure out what product or service you can offer to the world it is time to start just that. After you have given the world a reason to transfer wealth to you, you can then start deciding what is really important to you and what you're doing. What has value in your life and the life of your business? That isn't always money, it can be anything from chickens to stocks. In some countries land is more valuable than food and in other countries drugs are more valuable than cash. So essentially the true wealth would be in owning substantial amounts of land and drugs in those countries. The question is, what purpose does the wealth serve to you? Now I wouldn't believe if someone went through all this trouble of creating a wealth acquiring system all for the sake of money. I would think that you did it for what that money will buy you. That is probably houses, cars, and whatever else your money could buy you. That's all good to do but it's in your best interest to consider how much effort you had to go through to get that wealth. You probably want to find a way to keep that wealth and everything it bought for you. You know you can't take it with you when you die and thats where things change. At that moment we should say that this wealth is enough for sustaining my life while I am alive, but what will come of my family and possessions when I'm gone. Will they remain or be straddled by the progression of the economy without your wealth but instead using your wealth to get there. Now your wealth objectives will be dynamic. You will be working to build a sustained and somewhat determined future for those associated with the creation of wealth under your establishment. This is the greatest transfer of wealth and it is the inheritance of a fortune. Most of us are not born into this type of windfall and thus we at a young age never realize that the wealth of an inheritance is only another persons attempt to maintain a standard of living for their associated heirs. So when we talk about wealth we can all say that wealth is here for us to obtain. We must do the work necessary to extract the wealth in a reasonable manner. We must invest a portion of our wealth into the provision of our families' needs and service to humanity. So what is wealth? Wealth is the ability to have. True wealth is being able to pass that ability on, to the ones decided, by the ones who provided.
Keep your mind happy and keep your wealth for your heirs.
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