Have you noticed how for some people, no matter how much money they get, it just disappears? Whereas for many wealthy people, you can take all their money away and it comes right back again. This is best explained by the “Wealth Paradox”, which states:
“The more money you have, the more opportunities you have to lose it.”
Without true wealth, all the money that flows through you will disappear. So how do we define wealth? Roger James Hamilton defines wealth like this:
“Wealth isn’t how much money you have. Wealth is what you’re left with if you lose all your money.”
Wealth creators focus at chasing water upstream. Instead, they create a river of flow. There is trillions of dollars flowing around our planet every day, so you don’t need to make money, you simply need to direct it. As Roger says,
“Wealth isn’t about making money. It’s simply about good plumbing.”
We each have a natural way to create our river, and this is how the Wealth Dynamics square is formed. This becomes easier to understand when we see the wealth equation:
WEALTH = VALUE x LEVERAGE
Water always flows from high ground to low ground. Money always flows from high value to low value. Whoever values something more will be happy to pay for it, and whoever values the money more will happily take the money. Value determines the speed of money flow (the more value, the steeper the river and the faster the money will flow).
Leverage is the width of the river, and so determines the volume of money flow. If I had a widget that I sell for $100, I can double money flow by increasing value (a widget worth $200) or increasing leverage (two widgets worth $100 each). All Wealth Creators intuitively understand how to grow their river through these two variables.
Opposites of value and leverage
What few of us are taught is that there are two opposites to value and two opposites to leverage, and we are each more natural at one that the other.
Intuitive thinkers create value through innovation (create new things), while Sensory thinkers create value through good timing (trade the markets). Introverts leverage value through multiplying (making it simple and make many). Extroverts leverage value through magnifying (making it complex, and only one). These four make up the sides of our square.
The Wealth Dynamics Square
The Wealth Dynamics Square gives us the relationship between the eight Wealth Profiles. Think of it like an eight-sided mountain, where there are different rivers flowing down each side. Each of us has our own flow, which naturally links our dreams to our reality.
If’ you’d like to find out more about how I can help you accelerate your business by being in flow please register for a complimentary strategy session here.
Julia Felton (aka The Business Wrangler) is the founder of Business HorsePower. Business leaders, entrepreneurs and executives hire her to accelerate their business performance by harnessing the energy of their people to work more collaboratively together. By aligning purpose with actions the team achieves exponential results as everyone starts pulling in the same direction.
Julia believes that business is a force for good and through designing purpose-driven businesses that leverage the laws of nature, and the herd, you can create businesses founded on the principles of connection, collaboration and community that make a significant impact in the world.