There are only 7 ways to build wealth.
We refer to them as the 7 Pillars.
There are only 7 ways to build wealth.
We refer to them as the 7 Pillars.
Most people never reach a place of financial independence because their money is 'parked' in the more traditional asset classes, Pillars 1-3. At WealthBuilders we teach you how you can take this money which is 'parked' and move it across to one of the entrepreneurial assets, Pillars 4-7.
Not only can this generate greater returns and leverage, but you're now in complete control of how quickly your wealth accelerates, rather than relying on the markets or somebody else to dictate the pace that money flows into your life.
PILLAR 1: HOME CAPACITY
Is your home putting money into your pocket every month, or taking money out? We can share with you a unique, seven-step strategy to show you how you can eliminate your mortgage and consumer debt quickly, and build up your equity as rapidly as possible.
PILLAR 2: PENSIONS
The greatest untapped source of cash flow? Pension reforms have made it easier for you to take control and ownership of your own pension fund. Until these changes, you had little control either over how the fund was invested or over how you could take out your money on retirement.
PILLAR 3: INVESTMENTS
Holding cash for emergencies makes sense. But if you've got substantial amounts in the bank, you're bound to be frustrated by the low return on your investment. The banks don't share your frustration because they know how to lend out your money at profit.
PILLAR 4: PROPERTY PORTFOLIO
The demand for property outstrips supply, so this is a perfect pillar for building wealth. With interest rates set to rise, and changes to tax relief, many landlords will face trouble ahead. The key to successful property investment is to find ways to add more value than through simple Buy-to-Let purchase.
PILLAR 5: BUSINESS
Owning a business that works without you is the key to creating real wealth. If you work for anyone else, you are not in control. You're not in control of your time, and you cannot choose who you work with. Unless you own shares in the business, you're creating wealth for someone else, not for yourself.
PILLAR 6: INTELLECTUAL
PROPERTY
You're creating and capturing your own intellect and you're packaging it and repurposing it in a way that allows you to sell it. You create it once and get paid forever. If you're currently being paid for work that you do, you'll have Intellectual Property that you are undervaluing.
PILLAR 7: JOINT VENTURES
Building wealth on your own is a thing of the past. It is slow and without joy.
Connecting and collaborating with people you resonate with and who have successfully walked the path ahead of you accelerates the creation of wealth and makes the journey truly enjoyable.
WealthTalk Podcast
The weekly WealthTalk Podcast with Kevin Whelan and Christian Rodwell covers everything you need to know about building wealth. Each week a new topic is discussed that directly relates to the content members are currently working on.
Wealth comes from the ownership and control of assets, and the good news is ...there are only 7 assets to choose from to build your wealth. In this key episode of WealthTalk you’ll learn what each of the 7 assets are, and why at WealthBuilders we refer to them as ‘The 7 Pillars of Wealth’.
Would you like a free discovery call to discuss which of the 7 pillars we could help you generate more income from?
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