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Kim Sawyer speaking on the topic. Wealth is More Than Money from the President at theWealthSource.com 1 2016 Copyright - theWealthSource

2016 Wealth is More Than Money

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Page 1: 2016 Wealth is More Than Money

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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