Wealth building for the wise is a trade. To do well in any trade you need to be prepared to learn from long term members. In particular you need to behave in the way needed to give members the freedom to share trade secrets. Here are a couple of trade secrets to encourage you to seek out more. Learn to See Value Where Others Do Not Wealth-builders know that money works hardest when they see value in an asset overlooked by others. A good example in the real estate market presented itself to me when marketing a three bedroom property on a busy city street. Such properties are shunned by most buyers. An early inquirer took me by surprise by saying, after the quickest of inspections, that he would take it. He'd discovered his tenants liked busy streets close to all amenities. He always had a waiting list of tenants. That made it easy to get his banker to advance him 100% of the purchase price. He found real estate value where few others had. He had done this at the age of 18 upon finishing High School. He is now 65 and owns more than 27 such properties. In All Things Give Thanks Wealth builders are known for telling stories of how, in the early days of portfolio creation, they experienced a major setrback. Those that had the right attitude still have money working for them instead of them working for money. The right attitude was the Bible direction - "In all things give thanks" - which when followed saw their situation turned around. Follow this direction, give thanks in your setback, and watch the blessings flow. Warning- fail to follow this direction, complain, and you could face bankruptcy. You can put these wealth-building trade secrets to work today. For your best wealth creation program all you need do is begin to Learn to See Value Where Others Don't and, In All Things Give Thanks. Increase your blessings by sharing these trade secrets with others. Copyright 2005 Kenneth Little |
