Can Your Wealth Foundations Withstand The Storms of Life?

I trained as a civil engineer and spent 20 plus years working around the world on amazing infrastructure projects. The thing that always struck me was how much of the budget and effort, always ends up going into the bits you don’t get to see and usually into the ground. This is because to ensure the fancy bits, the visible bits stay up and last you need to go really deep, you need to create strong foundations, so it all doesn’t come tumbling down in the slightest gust of wind.

I was recently watching a programme on the world’s tallest man-made structures.

The current tallest is the Burj Khalifa in Dubai, standing 829.8 m tall. And the second tallest is the Petronas Towers in Kuala Lumpur standing 451,9m.

What really fascinated me though is the depth of the foundations, the depth needed to allow the buildings to go so high. In the Petronas towers the foundations go down a staggering 162 metres below ground.

So a third of the height of what you can see of this incredible building is repeated below ground and had to be built first.

It’s just the same in building our wealth – the most important part is your wealth foundation.

One of the reasons people don’t get rid of their debt, invest consistently and become financially free is they can’t be bothered to dig down, and put the solid roots in place before they build their mansion.

They want the fancy awnings and glitzy above ground stuff that everyone can see but it is all smoke and mirrors, it is floating on sky hooks and as soon as a gust of wind blows, as it always does, it all blows away and they are left standing naked in the storm yet again, bewailing their fate.

By creating your wealth foundations, you will have your 162m of foundation to create whatever wealth you want. If you do the work, you will have a Financial Freedom Foundation that can stand whatever life throws at you, it will withstand the earthquakes, and the storms that will come, but because you have dug down deep, you will be able to relax, knowing that your wealth can stand these storms and support you too.

One of the other reasons people don’t spend the time they need to on their financial foundations is HURRY. Yes, that, “It must all happen now“ trap we are all sucked into more and more.

This is a marathon not a sprint, this is about a wealth feast for life, not a quick sugar binge. People tend to overestimate what they can achieve in a year and significantly underestimate what they can achieve in 10 years if they just keep building on the foundations they have created.

The problem is so many people just experience the same 1 year 10 times over. The need for instant happiness makes them walk away from the foundations they are creating time and time again, off in pursuit of the next business, a better investment, another opportunity or a new job. This doesn’t just happen in the area of money – for many people this pattern repeats itself in their relationships, friendships, health, and spirituality. This is what it typically looks like.

A person starts the work, they are all fired up and start digging down. But soon, they become impatient and think – this isn’t working, it’s going too slowly and so they abandon this attempt and start building a new tower using a new technique. After the initial flurry of excitement and enthusiasm, they discover again, it’s too slow, so over and over again they start from scratch…. At the end of 10 years, they have piles of incomplete towers, all lying dead and useless. If they had just stuck with the one tower, they would be on top of the world by now, it would have got easier and easier, and faster and faster. It would be done.

What do your wealth foundations look like?

Do you know what you need to put in place?

The Wealth made Simple Challenge provides you with a step by step programme to create a solid Financial Freedom Foundation to support your wealth feast for life!

This challenge is designed to help you:

  • Define what ‘Wealthy’ truly means for you. Discover the precise amount of money required to live the life you desire,
  • Identify your unique financial freedom number needed to attain this lifestyle,
  • Understand what you need to be investing in to create it,
  • Learn the specific investment strategy to achieve your goals,
  • Recognise what your potential obstacles are,
  • Master the methods to overcome them.

 

PLUS, gain the step-by-step approach to create and live your wealthy life forever.

Click here to sign up for the 5-day Wealth Made Simple Challenge.

 

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