2016 wealth is more than money
TRANSCRIPT
KimSawyerspeakingonthetopic.
WealthisMoreThanMoneyfromthePresidentattheWealthSource.com
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Iamonacrusade.
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Iamonacrusadeagainstfor-profitorganizations.
Iamalsoonacrusadeagainstnot-for-profitorganizations.
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Confused?Youshouldbe;thewholeconversationisinherentlynonsense.
Iamagainstthedistinctionitself.Twodifferenttypesoforganizationafalsedichotomy
WhatIamtakingastandagainstisthedistinctionitself.Theverynotionofthesetwodifferenttypesoforganizationisafalsedichotomy,andanyenterprisethattriestotwistitselfintooneoftheseeither/orconstructsrisksunderminingitsownsuccess.
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Thegoalofeveryhumanendeavoristoprofit;otherwisewhybother?Ifitcreatesaloss,orevencreatesnothingmorethanitstartedwith,itcanhardlysurvive,letalonethrive.Thisissoobvious,ithardlyneedsbesaid.Sowhere’sthecomplication?
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Contradictionsdon’tactuallyexistinreality,onlyinourminds
Checkyourpremises
Iwastaughtoncethatcontradictionsdon’tactuallyexistinreality,onlyinourminds.IfIamconfrontedwithwhatseemstobeacontradiction,Ishouldcheckmypremises;there’salie,oratleastanerror,hidingintheresomewhere.
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Thefalsepremiseatthesourceofthisparadoxisthenotionthatprofitonlycomesintheformofmoney- thatifoneprofitsonehasmoremoneyandthatifonedoesn’thavemoremoneyonehasnotcreatedaprofit.Let’scheckthispremisebytakingacloserlookatthisword“profit.”
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Let’stakeacloserlookatthisword“profit.”AccordingtoWebster’s“SimpleDefinition”,profitis“theadvantageorbenefitthatisgainedfromdoingsomething.”Inthe“FullDefinition”,thefirstentryis“valuablereturn: gain”…nomentionofmoney.
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Myworkingdefinitionofprofitissimply“tobewealthierafteranactionthanbeforeit.”
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Butthisbegsafewveryimportantquestionsandisthereasonwhyweareheretoday.
Whatiswealth?Whatisthesourceofourwealth?Howdowecreatewealth?
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Whatiswealth?
Mostwouldanswerthatitisthemoneyinyourbankaccount,orthenumbersonyourbusiness’sbalancesheet,orthesizeofyour401(k),orthehomesyouown,orthe"toys"youbuy.Ibegtodiffer.
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WealthisallaboutValue.
Valueisthecapacityofanythingtocontributetolivingagood,fulfillinglife.Lifeistheonlythingthatisanendinitself;everythingelseservesittosomedegree(valuable)…ornot(worthlessorevendestructive).Allofourdecisions,choicesandactionsarebasedourabilitytoevaluatesomethingonthisscale.Thedirectiveofthedesignation“valuable”istoinvestresourcestowardsininproportiontoitsvalue.Ontheotherhandthedesignation“worthless”directsustoignoreitand“destructive,”defendagainstit.
Totheextentthatyouarefunctioningasahealthyhumanorganism,thepurposeofeverythingyouseekanddoinyourlifeissimplytomakethemostofyourlife,measuredagainstyourhierarchy ofyourvalues(moreonthislater).
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WealthisallaboutValue.
Valuescanbespoken,buttruevaluesarelived.Avalueisanythingyouacttogainandkeep.Regardlessofwhatyoumaythinkorsayyouvalue,takingalookatyourbankaccountandyourcalendartellsthesimpletruthaboutwhatreallymattersmosttoyou...evenifyouarenotconsciouslyawareofitwhenyoumakethosedecisions.Andthereisthecruxofthematter;ifyouarenotpaying attentiontoeachofthechoicesyouaremaking;inamultitudeofwayseverysingleday,youcouldbegivingupmorevaluablethingsforlessvaluablethings...inessencemakingyourselfpoorer,because…
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Wealthisaccumulatedvalue.
Wealthisnomoreandnolessthanaquantityofthingsthatcontributetoawell-livedlife.Anassetisanythingofvalue.Yourwealthisthecollectionofalltheassetsyoupossessinyourlife.
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Wealthisaccumulatedvalue.
Attheendoftheday,thetruestmeasureofsuccessinlifeistohavethemostofwhatyoucareaboutthemost– tobeaswealthyaspossible.And….
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Wealthismorethanmoney.
Yourwealthisthemeasureofthetotalvalueofallthethingsyoucareaboutthatyouhaveinalltheareasofyourlife.
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Wealthismorethanmoney.
– thethingsthatmakeyourlifethekindoflifeyouwanttolife:people,ideas,materialthings,purpose,legacy,service,healthandyes,money.
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WhatistheSourceofWealth?
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WhatistheSourceofourWealth?
Ifyoumeasurewealthinfinancialormaterialterms,thenyouhavetoacceptthatwealthcomesfromoutsideofyou- itcomesfromyourjob,thestockmarket,theeconomy.Thereforeyourabilitytocreatewealthisdependentlargelyonfactorsoutsideofyourcontrol,but…,
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Whatifthesourceofyourwealthwerenotexternal?
WhatifYOUareinchargeofthewealthyoucreate?
Whatifyouhadthepowertogeneratewealth–whereveryouareandwhateveryourcircumstancesmaybe?
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Youabsolutelydo…ifyouthinkit,ownitandliveit!
Itisonlybyattendingto,cultivatingandgrowingthecapacitywithinyoutocreatewealththatyouultimatelycometobethewealthiestoverthecourseofyourlife.Itcomesdownessentiallytohowyouarebuiltinside,howyoulookatandshowupinyourlifeandhowyourelatetothepeopleyouencounteralongtheway.
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TheSourceofWealthiswithinyou.
Youdecidewhatisvaluabletoyouandhowmuch.Youholdthecapacitytoacttogeneratewealth.Yourwealthissimplytherealizationofthesetwotruths.
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How do we create wealth?
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Howdowecreatewealth?
Thiswilltakenothingmorethan,yetnothinglessthana deepchangeinperspective - notanewtoolortechniqueorsystem.Becomingincrediblywealthyrequiresatotalshiftinhowyoulookattheworldandyourselfinit;andmore,itthencallsonyoutoshowup,thinkandactinyourlifefromwithinthisnewworldview– whatIcallWealthConsciousness.
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Howdowecreatewealth?
Insteadofchasingwealth,youbecomeapersonofgreatvalue,asawayofbeing,whogeneratesgreatvalueasawayofliving.Greatwealthfollows.Justwatchandsee!!
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Howdowecreatewealth?
HowdoImakeashiftlikethis?Hereisapowerfulmodelformakingbigchange,deepchange,transformationalchange- inyourselfandyourlife:
YouchangeyourRESULTS bychangingyourBEHAVIORS.
YouchangeyourBEHAVIORS bychangingyourTHOUGHTS.
YouchangeyourTHOUGHTS bychangingyourPARADIGM.
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Howdowecreatewealth?
Buthowdoyouchangeaparadigm?
YouchangeyourROLE.
Redefineyourroleinyourlifeasaninvestor
WealthConsciousness=Everymomentinyourlifeisaninvestmentdecision.
TomaketheshifttoWealthConsciousness,yousimplyredefineyourroleinyourlifeasaninvestor intheWhole-LifeMarketplace.FromtheperspectiveofWealthConsciousness…
…Everymomentinyourlifeisaninvestmentdecision.
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WealthConsciousness
Weallhaveonefundamentalresource– oneprimarycurrencytospend,ofwhichallothersarederivative– Time.AndTimeisreallyjustthemeasurableaspectofourOnePrimaryAsset– Life.Eachofourlivesisouronemostvaluableasset–theonethatgivestheconceptof“value”itsmeaning– theoneweallowncompletelyandunconditionallyaslongaswehaveit.
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WealthConsciousness
Time,istheonlynon-renewableresource
ButLife,withitsmetricTime,istheonlynon-renewableresource;eachmoment,oncespentisgone– nevertobereclaimedorrelived.
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WealthConsciousness
Howmuchattention,letaloneintention,doyoupaytohowyouspendthosemoments?
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WealthConsciousness
IntheparadigmofWealthConsciousness,duringeachofthoseofexpendituresofadenominationofourlife,wehavesomesecondarycurrenciestoinvest.WithinuswehaveaccountsofAttention,Energy,andLove(relationship).Andthenasweassumeouradultplaceoutinsociety,weacquireMoney.ContrarytoTime,wecancreatemoreofthesecurrencies(ifwedotherightthings),savethemandspendthem- whenwechooseandhowweplan.
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WealthConsciousness
Ineverymomentyouconsciouslyandunconsciouslymakechoicestospendoneormoreofthesecurrenciesonsomethingorsomeone;andwhenyoudo,youforegoeveryalternativeinvestmentavailabletoyouatthetimeforthosecurrencies.Asaninvestor,itisyourjobtocontinuallycheckyourreturnoninvestment(ROI)fromthesechoices.Areyougettingsomethingofmorevaluefromthatexperiencethantheintervaloflifeandothercurrenciesyouinvestedinit?WillyouendupwithwhatisworthmoretoyouthantheamountofAttention,Energy,LoveandMoneyyouspenttogetit?
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WealthConsciousness
Andevenmoreimportantthattheconceptof“value”istheconceptof“relativevalue.”Every“yes”youspeaksaysathousand“no”s.Evenifyouarebetteroffafteraparticularchoiceorcourseofaction,areyoumore better-offthanyoucouldhavebeenwithotheroptionsthatwereavailabletoyouforinvestingthoseresources?IsitthebestROIyoucanachievefromamongallavailablealternativeinvestments,orisitbettertoinvestsomewhereelse?
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WealthConsciousness
Seemlikealottocontinuallylookat,processanddecide?Livinganextraordinarilyrichandvaluableliferequirestime,expertise,rigorandeffort.It’safulltimejob!
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WealthConsciousness
YoucreatemaximumwealthbycontinuallychoosingtoinvestyourLife(Time),Attention,Energy,LoveandMoneyinthewaysthatyoubelievewillgeneratemorevaluethananyotheroptionyouseeopentoyouatthatpoint.ThisrequiresthatyouliveyourlifeAWAKEtothosemomentsaschoices.
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WealthConsciousness
Thisalsorequiresthatyouaccepttheresponsibilitytothinkandactinyourlifethewayaskilledinvestorwouldmanageaportfolioofinvestments–becauseyourlifeISthemostvaluableportfolioofinvestmentsyouwilleverown!
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YourWhole-LifePortfolio
Inadditiontoyourcorecurrencies,theassetsyoumayhaveinvariousareasofyourlife(accounts)cantakemanyforms:Art,Relationships,Fun,Family,Comfort,Excitement,Health,Fulfillment,makingadifferenceintheworld,etc.Youinvestyourprimarycurrenciestoobtainthesethings,andfrequentlytradethemforoneanother,becauseyoubelievetheywillhelpmakethemostofyourlife– asyouwanttoliveit.
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YourWhole-LifePortfolio
Finallythereareyourcapitalassets.Capitalassetsareassetswhosepurposeistocreateotherassets.Thesearethingssuchaseducation,emotionalintelligence,organizationtools,strategicrelationships,physicalfitness,etc.InvestingincapitalassetsisthewaytobuildyourWealthSource.Investinginassetsincreasesyourwealth,butinvestingincapitalassetsincreasesyourcapacitytocreatewealth!
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TheparadigmshifttoWealthConsciousnessisafundamentaldecision,whetheryouareconsciousofitornot,whetheryouownitornot.Itisthedecisiontolookat,showupinandliveyourlifefromtherealizationthat,youareaninvestorineverymomentofyourlife.Itisaboutcommittingtotheideaofbuildingasuccessfullifefullofwealth- inallforms- usingthesametriedandtrueprinciplesandtechniquesusedforbuildingfinancialwealth.
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Yourwealthisthecollectionofalltheassetsyoupossess; and
attheendoftheday,thetruestmeasureofsuccessinlifeis to
havethemostofwhatyoucareaboutthemost.
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Nowbacktothatpesky“for-profitvsnot-for-profitorganization”issue…Aswithaperson,theobjectiveofanyrational,viableenterpriseistocreatethemostofwhatitsownersandstakeholderscareaboutmost,whichtranslatesto“producemaximumvaluewitheveryresourceitspendsinordertooperateatmaximumprofitability andtherebycreatemaximumwealth–inallitsforms!” Allviableorganizationsarefor-profit.Theyarestrivingtoprofit– beitinmoneyoranyotherassetitvalues.Anorganizationwilleitherbefor-profit,oritwillsoonceaseto be!!
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Questionsforyou:
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Howfocusedareyouontheprofitabilityofyourlife?
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Whendidyoulasttakealookatyourpersonal“Whole-LifeP&L”?
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Isyourlifegeneratingthemostwealthatfullcapacity?
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Areyoureinvestinginyourwealth’ssource?
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360° Look@Life andWealthPlanningTool™
Ourupcoming360° Look@Life™BlogSeries,wewilldelvemoredeeplyintothetopicof“WealthIsMoreThanMoney”anditsapplicationtolivingmoreprofitably.
TheSeries,alongwiththeassociated360° WealthPlanningTool™ willguideyouthroughlearninghowto:1. Monitorandmanageeachareaofyourlifeasanaccountinto
whichyoudepositthethingsthatarevaluabletoyouinmakingthatdomainofyourlifebetter.
2. Evaluatethebalanceineachaccountatanygiventime3. Increasethatbalancebyintentionally,proactivelyand
strategicallyfillingeachareaofyourlifewiththingsthatyouvalue– inawaythatservesthesuccessofthataccount,theotheraccountsandyourLifePortfolioasawhole.
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OurMission
Wecoachbusinesspeopleandteams,audiencesandenterprisestocreate
wealth– inallitsforms.
Andeveryonewetouchwalkawaywealthier.
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Ifyouareonsocialmedia…youcanfindKimSawyerhere…andifyou’relookingforthehashtagfortoday’stalkhereareacoupleincluding#WIMTM
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