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An Alternative Method to Building Wealth
Photo by Claudio Carrozzo / Unsplash
Do you ever feel like building true wealth and financial freedom will never happen? Do you look at others who have achieved it and wonder how they got there? They seem so much further ahead of you, the right time has been missed, or you’ll never catch up. It is easy to talk yourself out of even trying! Take the easy life, you’ve worked hard, and you don’t need the hassle.
A key idea that holds us back is that we need to know exactly what our goal is, hustle, grind, and a life of wealth and riches awaits the lucky few. For the rest of us, we will end up hopelessly average! The problem with that myth is it is simply not true. Want to know why? Well, read on!
Let me offer you another perspective of how wealth building works in reality. The myth of the single path in your chosen area sometimes happens, and there are clear examples, e.g. Michael Jackson. But even people who are among the greatest of all time often did multiple things before settling in their lane. For example, Roger Federer put his success down to his balance through badminton, basketball and cricket.
The same is true of wealth building. A better analogy than a single road is a river basin. True wealth is built from multiple income streams that compound and build into a fast-flowing, unstoppable…