If You Want To Get Rich Follow These Rules

have you ever wondered like are there rules regarding creating riches are there like specific principles that you have to apply if you desire to get wealthy well I did some thinking and I figured out there are 12 rules for wealth and on this video I'm going to break down what those 12 rules are there are four pillars and under each of those pillars there are three principles that we have to apply if we are going to create wealth and at the end I'm going to wrap it all up in a bow for you and show

you how it correlates ex exactly with something else I've already taught you so grab your pen and paper this is there's going to be a lot of writer downers okay the first thing before I even get into the 12 rules for wealth is you have to understand that if you're going to create wealth you have to understand or have an awareness of what wealth is and how it works and you have to understand about the nature or the essence of wealth and the nature or the essence of wealth is this wealth is a spiritual result

so in order for you to create wealth you have to operate at a higher spiritual level the essence of wealth is not only not mostly materialistic the essence of wealth is not materialistic at all and when you operate from that perspective you stop believing the lie that money is wealth money is not wealth money is just one of the arena in which wealth manifests itself obviously it's an important Arena especially if you live in a society where they are not giving away electricity and water and clothes and food um and you have to buy those

things so it would be good for you to be able to create some wealth so pillar number one is you must create a mental wealth inventory a lot of people are talking about mental health but I don't hear anybody talking about mental wealth you say what do you mean talking about mental wealth well when I say mental wealth I mean and I I've said this before in order for you to create lack in your experience you must first create lack in your expectation well that's true in order for you to create wealth in your experience

you must first create wealth in your expectation so you need you have to have a mental wealth inventory and so in your mental wealth inventory it's about raising your level of awareness to what actually creates wealth and why some people have it and some people don't so first and foremost um principle number one your wealth level will be determined by the level of spirituality that you are working on when you're working what do I mean the the level of spiritual the level of wealth that you create will be determined by the level of spirituality that

you're working on when you're working well a lot of people believe that you're going to create wealth if you if you are working harder but I submit to you that's only partially true you can only create wealth by working harder on if you're working harder on something that actually works if you're working harder on something that doesn't work working harder on what doesn't work doesn't make you successful it doesn't make you money it doesn't create wealth for you so you have to work on what's working and so instead of working to create quote more value

because wealth is the result of creating value what you have to do is you have to learn how to work at a higher spiritual level so I've taught this before and I'll share it with you again and that is there are four levels of value and wealth Is wealth is an exchange of value that's what wealth is like my ability to create wealth is going to be in direct proportion to my ability to create value for someone other than myself right so since that's the case there are four levels of value if I operate at

the lowest levels of value I'm going to make a very little bit of money if I operate at the highest levels of value I'm going to create a lot of money or a lot of wealth so the lowest level of value is implementation and on the implementation level the resource that we use to create wealth are we use our muscles over time what does that mean that means we are doing something physically we're cleaning something we're fixing something we're moving something we're lifting something we're driving something so we're we're using our muscles we're using our

physicality over a period of time that we are exchanging for somebody else's money and we're going to make somewhere between minimum wage and maybe 40,000 880,000 we'll call it 880,000 a year right between minimum wage 880,000 a year minimum wage if you're making tacos at Taco Bell 880,000 a year if you're working on high-end luxury cars okay then if you want to make more money you have to operate at a higher spiritual level well the next level is unification by the way working at a higher level of value doesn't necessarily mean you're working harder in

fact often times the work that you do at a higher level is not as hard as the work that you do at a lower level it just is more it's a higher spiritual activity so therefore it produces a higher compensation well unification on this level the resource that we use to make money are our management skills and when we use our management skills we're going to make somewhere between $40,000 a year and $250,000 uh dollars a year and we'll make 40,000 a year for managing Taco Bell we make 250,000 a year if we're managing where

if we're a middle manager at Lockheed Martin or Boeing or John Deere one of those big Fortune 100 companies cool so when we get up a little bit higher and we begin to work at this level this is above this line is where wealth begins to be created and so this level is communication and on the communication level the resource you use to create wealth is your mouth so use your mouth to create to create wealth and on this level on the low end you could be making $100,000 a year selling cars on the high

high end you could be making a 100 million and so when we understand the the levels of value in order for me to make more money I have to work at a higher level of spiritual activity managing people who do the work is a higher level of spiritual activity than doing the work yourself communicating a message that creates c a message that moves M masses or having conversations that create cash flow is a higher spiritual activity and just managing the people doing the thing you think about it language is something that only spiritual being have

so if you want to create a higher level of wealth you must become a better Communicator one of the there are several ways you can become a better Communicator one is read more books two is to actually write more if you will read more and you will write more it'll help you become like when you write something down and you think you're clear you want if you want to find out if you're as clear as you think you are take the thing you think you're clear about and write it down and then go read it

and read it to someone and if they get it then you're clear if they don't get it then you're not nearly as clear as you thought you were okay and then the highest of value is imagination and on this level you use two resources you use your mind and you use your money to create wealth and on this level you're you could be making anywhere on the low end from a million dollars a year to on the high end it could be billions okay so when we understand that the thinking is a higher spiritual activity

than talking talking is higher than managing people and managing people is higher than doing it yourself so when you operate at a higher spiritual level operating at a higher spiritual level produces more wealth because that's the way God set it up from the beginning okay you I'm not I'm not going to change that you're not going to change that so so understand that because wealth is spiritual your level of wealth will be determined by the spiritual level that you were working on when you create the wealth so if you're working if you're if like look

at your time that you spend working if the time you spend working if most of that time you're spent working you spend actually manipulating something physically the amount of money you're going to be able to make doing that is going to be limited why because muscles are a physical resource time is a limited resource when I take a physical resource and I multiply it times a limited resource I have to get a limited output like the output can't be unlimited so but if you think about it if I'm managing people I'm actually getting more work

done than if I did the thing myself this is why when you build a business when you hire people hiring people helps you get more productivity done why because managing people is a higher spiritual activity than doing the thing yourself and and there are ways in which managing people is harder than doing the thing yourself but it's also worth it okay so you're tracking so that's principle number one under the first pillar create a a mental wealth inventory so the first principle in the mental wealth inventory is this your wealth level will be determined by

the level of spirituality that you're working on when you created it um B the the next point or the next principle is this your wealth is determined by your ability to create value for someone other than yourself so you have to go out into the marketplace you have to find a big pool of people with a really big problem or at least a problem that they're willing to pay to solve the if I can the bigger the pool of people and the bigger the problem and the bigger the deeper the pockets are of the people

who have that problem the more likely I am to get wealthy in that Arena so many people they don't they either don't evaluate they don't evaluate um the pool of people is a pool of people big enough they don't ask that question like you start a business you don't even ask are there like 100 people in the world that want this are there 100,000 or there 100 million or there are are there billions of people who would desire to have this outcome if they knew it existed because if the pool of people is too small

it doesn't matter how good your solution is see some people go out and they'll write a book and they'll think this is a great book what may be a great book but if nobody wants to read it it doesn't matter they'll go invent something they say this is the greatest product ever invented it might be but if nobody wants the result the product can produce it doesn't matter and so is there a big pool of people you have to ask that question you're getting ready to go to Bild is there a big pool of people

that have this problem okay is the problem a big problem or is it just is it a mosquito bite or is it like a snake bite like like is how how severe is the the result of not solving this problem how devastating are the consequences of not solving this problem because the bigger the pool of people is and the bigger the problem is then like I have just increased greatly my opportunity to create wealth and see a lot of you what you've done is you've gone to school for a thing and you studied that thing

and you got all this time effort energy and money invested in learning how to do this thing so to you you value the thing you put money into time into effort into energy into and so what you've done is you go out into the marketplace you want to talk to people about that I've got news for you they don't care they care about their stuff their problems you're talking and you you want to interrupt what they're already thinking about what they're already concerned about and then you want to get them concerned about something else because

you that's what you know how to do I promise you that is called the formula for disaster so wealth your ability to create wealth this is this is this is principle number two under your wealth uh your um your spiritual wealth um um inventory so so understand or your mental wealth inventory this is number one under your mental wealth inventory um you have number two rather you have to create your you have to have the ability to create value for someone other than yourself and so that means we have to stop making ourselves the priority

and we have to make other people the priority and stop worrying about our problems I need to make this money I need to make this money I need to make this money I need to make this money and then go out and solve somebody else's problem and then they'll be I'm happy to pay this money I'm happy to pay this money I'm happy to pay this money and so your wealth is going to be in direct proportion to your ability to create wealth to create um value for someone other than yourself but if you're going

to create value for someone other than yourself you have to understand how to perceive value what other people value so in order to perceive what other people value you have to know where values come from like where do people get their values what causes you to Value one thing and you value something else and you to Value something else and you to Value something else and me to Value yet something else what causes that well I believe that there are three primary there are more than this but there are three primary places values come from

number one past perceived voids create present pursued values what does that mean things that you feel like we missing in the past are things that you value in the present so therefore you are pursuing them why because you didn't have it in the past but you desired it in the past so it was lacking but it was loved and so now you even though you've never had it you still desire the thing that made me want to be rich more than any other thing was being poor right I'm just keeping it real I I hated

being poor I hated I hated life telling me no it cost too much every time I desire to do something so I said okay past perceived voids create present pursed values another one present perceived virtues create present perceived values pursued values what does that mean that means things that I perceive as good right now those are the things that I will put my effort in energy and time into pursuing why because present perceive virtues things that I currently perceive are good those are the things I value so if you're talking to me about how to

have more present more of the things that I presently perceive as virtuous or as good then my answer is going to be an automatic yes are y'all tracking okay so uh number three values so first values come from past perceived voids create present pursued values present perceived virtues perceived virtues create present pursued values and then future perceived Visions create present pursued values so if I'm if I have a vision for an outcome in the future and I believe the more clearly I can see that outcome happening for me the more likely I am to say

yes to an offer that tells me that I can have that thing in the future so if I can learn how to communicate to people in a way that lets them know I can help them fulfill their past perceived voids their present perceived virtues and their future perceived Visions they are much more likely to say yes to me and my offer does that make sense Okay cool so next is so pillar number one create a mental wealth inventory pillar number two create a verbal wealth inventory a verbal wealth inventory the quality of your life is

going to be in direct proportion with the quality of your communication what does that mean well King Solomon said it like this death and life are in the power of the tongue and they that love it shall eat the fruit thereof he said it like this a man shall eat good by the fruit of his mouth job said it like this Thou shalt also declare a thing and it shall be established unto thee so our mouths every word that comes out of our mouth are a seed that we are sewing into the garden of our

future so if I desire to reap a good harvest in the future because today is yesterday's tomorrow if I desire to reap a good harvest in the future then I better be about the business of sewing good seeds with my words today so a verbal wealth inventory you must learn how to create to convey or communicate the value that you've created clearly you have to learn how to communicate it clearly okay so I'm gonna say something to you I'm gonna give I'm gonna give I'm gonna quote my daughter first here's what she always says the

biggest mistake in communication is thinking that it happened wow what okay now I'm going to give you an original myON golden quote you didn't say what you thought you said you said what they thought you what they thought they heard oh snap you didn't say what you thought you said you said what they thought they heard and so you think you're being clear and you're actually being cloudy because you haven't practiced your communication if you think about professionals and amateurs in any Arena it doesn't matter if it's golf or basketball or tennis or brain surgery

or or chess or or sword fighting it doesn't matter martial art it doesn't matter you think about any professional the difference between a professional and amateur in any arena is professionals spend most of their time preparing and only a small fraction of their time performing amateurs spend a large majority of their time performing and a very very small amount of time preparing if you will learn to prepare four to 10 times as much time if you'll learn to put as four to 10 times as much time into preparation as you do to Performance you can

move from being an amateur to to the arena of being a professional and guess what happens when you be move into the arena being a professional you get paid like a professional but if you're unwilling to prepare your words like I'm amazed how most people don't think they just think they think and most people who think they're being clear are being as cloudy as a London afternoon okay so or morning if it's more cloudy in the morning in London it's been cloudy all day there for me when I was there I'm anyway I'm G let

somebody else had that so you have to be get you have to get clear and H how do how can I get more how can I become more clear read more right more think like a genius talk like a third grader what does that mean that means have really really great ideas but take those really really great ideas and figure out a way way that you could communicate it to a third grader in a way that they would say oh I get it if you can't communicate on a third grade level communicate on a fifth

grade level if you can't communicate on a fifth grade level then just go like like stop working on creating messaging because like you're wasting your breath you one of your one of the reasons you're not clear is because you are attempting to impress people with how smart you are and I promise you if they're impressed they won't be impacted but if they're impacted they will be impressed so instead of attempting to impress people why don't you just go ahead and impact people with the clarity of your words okay so um your wealth will be determined

by the level um um you must communicate rather with the the value you've created you must communicate it clearly but you must also communicate uh the value you've created concisely people have a lot to do they don't want to sit there and listen to you ramble and they definitely don't want to sit there and watch you figure out what you're going to say while you're talking to them if there's something that's painful me for me it's watching you figure it out as you go along while you're attempting to prove to me that you are an

expert like just put me out of your misery now please right so um you must communicate it clearly you must communicate it concisely you have to learn how to get to the point you you spend all of this time making a case it's it's interesting as I'm coaching people um I'll say okay when you ask a question start with my question is and then ask the question and they'll say my question is well what had happened was I started a business back in 2017 it wasn't the business I wanted to start but it was the

business I had to start because and like time out that's not a question do you understand if you can't even get to the point when you're talking to a coach or an adviser or a spouse or one of your children if you can't even get to the point then like how could you possibly think that you're going to go out and talk to somebody who doesn't know you and communicate a message and is going to be clear like you have to be clear you have to be concise get to the point if you don't like

if you don't know what to say I I was talking to a person who used to be one of my clients and she was an attorney she said one of the best things that ever happened to me when I was in law school is they made us write out everything and she said I learned when I wrote out everything it helped me become more more clear there's a book um that's really really good helping people think more clearly it's called accidental genius by Mark lebby um and you can find it in my Amazon storefront mying

golden am.com um but it's called um accidental genius and what it does it he teaches this concept called freew writing and he says just sit down with a pen and a paper and write whatever comes to your mind don't think about it don't edit it don't fix it just write WR right right right right and write for five minutes 10 minutes 20 minutes an hour he says you will be blown away by how this practice will cause you to become more fluid in your communication and in your thinking okay so um so you must communicate

the value you've created clearly you must communicate the value you've created concisely and you must communicate the value you've created compellingly the value you've created can only be conveyed compellingly if you're talking to them about stuff they care about and show it them that the value you've created is the vehicle or the bridge to get them there if you talk about what you've created the value You' created if you talk about it like it is the destination like it is the objective like it is the outcome what's going to happen is they're going to say

something like um let me think about it let me talk it over with my wife my husband my nextd door neighbor who's just as broke as I am the dog catcher the Milkman the mailman or the UPS driver they're going to come up with some kind of excuse because they don't have enough intestinal fortitude to tell you no and they believe that if they tell you they've got to think about it either you won't check back with them because most people who consider themselves in sales don't check back with them or when they do check

back with they just ignore you right so that's their way of telling you no without telling you no okay so um instead of doing that sit down and think about them from their perspective so when you're talking to them you're only talking to them about stuff they care about instead of instead of talking to them about stuff you want them to care about see one of the reasons that I believe that my messaging is so compelling to so many people is because I don't have an objective that I want them focused on I want them

to see that I've obsessed over their objective and when that's the case and when people perceive that then and only then they'll happily um be compelled the value you've created so mental wealth inventory create a mental wealth inventory that's pillar number one pillar number two create a verbal wealth inventory pillar number three create a tribal wealth Community a tribal wealth Community what does that mean that means people need people when God said it's not good for a man to be alone he was saying that the man needed a wife but that wasn't all he was

saying he was saying people thrive better among people why well if you think about about the thing that creates fulfillment the three things that create fulfillment which are creation like I feel more fulfilled if I make something if I take nothing and make something out of it or if I take some ingredients I make a meal or if I take some um Lumber and some nails and some drywall and I build something in my house a closet or a room or an addition or whatever I always like the sense of oh I did that or

if I sit down and I write a book I did the fact that I feel like oh I accomplished something that gives me a level of fulfillment it doesn't give me complete fulfillment but at least it gets me on the road but the second component that creates fulfillment is connection we need connection with people like God created the heavens and the Earth and he created creation cre creatures and creators but he couldn't relate like the creatures and the creation couldn't relate to him so he created creators or he created man which is like God but

not God why so that God could have connection with man but also it's good for man to have connection with man so the more people we have in our Network the more fulfilled we're going to be because we have connection but the better we can do financially you will make like if you have a business that business will Thrive more in a big city than it will thrive in a rural community why because there's more people there are more people whose problems you can solve when you're around more people whose problems you can solve you

can create more wealth that's what I mean when I say you have to create a tribal wealth community so you have to build a Loosely connected Community this is called your Audi audience the people who just don't know you but they know about you and when you show up they show up to hear you they show up to see you right it's called your audience so in your when you're creating when you're following these 12 rules for wealth you have you've established your mental health in your mental wealth inventory you've established your verbal wealth inventory

and now you're creating your VI your tribal wealth Community okay the first level of that Community is your audience how many people people are paying attention to you because I got news for you if you don't get them to pay attention to you they're not going to pay you if they don't pay you with their attention they're not eventually going to pay you with their assets but if they will if you will figure out a way to get people to pay attention to you it won't be long before a percentage of them will pay you

okay so as we're as we're thinking about the 12 rules for well how big is your audience people say well I've got 300 subscri 300 followers on Instagram and I've got 400 subscribers on YouTube that's great for start but don't let it stay there and one of the reasons one of the reason this is so interesting one of the reasons that we don't build a tribal wealth Community that's Loosely connected to us that's called an audience is because we've been programmed not to like the sound of our own voice so we spend our life hiding

our voice hiding our value and not communicating to the world that we can help them but the reality is if you couldn't help people in the world you wouldn't be here you'd already be gone so we were created for connect for creation we feel fulfilled when we're we're creating we also feel fulfilled when we're connected but we also feel fulfilled when we're contributing and so that's another reason why it's good to be around people because when you're around people there are more people to create there are more people to create solutions for so there's more

opportunities for you to get paid there are more um there are more people for you to be connected to and this person is going to know that person this person is going to have this idea and all of these things are going to bounce off of each other so now you've create you've got this community of people that you're vibing with and then lastly you have people that you can contribute to and hopefully all of you all of us have somebody in our lives that we contribute to consistently that have absolutely nothing to offer Us

in return because that's the level of contribution that really amplifies fulfillment so if we have all three of those we're in great shape but guess what we need for all three of those we need people we need a tribal wealth community and it starts with our Loosely connected community and that Community is called our audience how big is your audience I have a a community of um high level entrepreneurs who are in a coaching program that I have that's $55,000 a year and one of the things that I perpetually warn them about and it's hard

for them to believe it especially when they're young um young people have a tendency to believe that things are going to be the way they've been because they've not been here that long and and and and and that's not a bad thing so like every every like everything great feels greater to a young person and everything painful feels worse to a young person why because if you think about it if you're 20 years old right and you've been struggling for 10 years you've been struggling for half your life right so it seems like forever but

if you're 60 and you've been struggling for 10 years well ain't that deep right oh yeah I've been here before I'll be here again right right I've been here before it's not going to last that long right so you've just lived long enough to know that life happens in Cycles things are going great when you're 20 you think they're going great because you're great can I get a witness and you're like man I'm having all the like I see all these young people making millions of dollars and God bless them congratulations Go kids go but

they think they're successful because of them and the reality is often times they're successful because they were in the right place at the right time with the right opportunity and they took some action and the action they took was not even really all that great it was just enough to get them to a place where they thought I have arrived I've got news for you regardless of age there is no arrive there's only the journey the journey is the destination okay so um you need a Loosely connected Community your audience and then you build a

more closely connected Community that's your clients those are the people who actually pay you with their assets your audience pays you with their attention your clients pay you with their assets they actually pay you money because the thing that you have for them is valuable okay and then you build a co-working connected Community this is your team these are the people who help you do the things you do so that you don't have to do everything by yourself because if you are the chief cook and bottle washer you are also the chief cook and bottleneck

oh snap and so some of us can't get out of our own way and the reason we resist hiring people is probably for the same reason I resisted hiring people for a long time cuz I was scared yeah you say man what do you mean you were scared I'm like well I mean our business makes so much money and like I got to pay him if I'm going to hire him if I hire him and I got to pay him what if we don't make enough money to pay him and then I told this person

they're going to be able to pay their bills and now I can't pay them they can't pay their bills and now I'm responsible for them living in the dark now maybe those weren't your thoughts but they were definitely mine and I remember like it was yesterday I was playing golf with David Mitchell great friend of mine and he had a really successful business his business was like like crushing it like way more than mine I was like David how many employees do you have he said I don't know he's really he's really relaxed I don't

know probably 60 or 70 I said doesn't that make you nervous he got even more relaxed what and he said nah his wife's name is Charlotte he said nah Charlotte and I have been praying for years that the Lord would give us a business so we could hire good Christian people so they could feed their babies like and I'm thinking to myself what like who thinks like that right and I was like okay so clearly there's something I haven't learned yet right and David was so consumed with creating opportunities for other people that he was

like nah having 60 or 70 people on my payroll doesn't make me nervous okay it's another level well let me help you with that as you're building your team my recommendation would be to hire one person at a time hire them part-time and hire them to do the thing you hate the most and that you're terrible at and find somebody who's good at what you're terrible at and who loves to do what you hate to do now this this was so hard for me to believe because I would feel had for giving people work to

do I kind of still do sometimes be honest with you okay I'm an old softy more old than softy so don't get it twisted okay so um so um I would feel bad for asking people to do stuff that I'm panned for and because I'm like I would hate to do this but they love it like but I'm thinking and I'm thinking to myself how could you love this like how could you love a spreadsheet like when somebody hey just create a spreadsheet send me a spread like the thought of creating a spreadsheet the thought

of creating a PowerPoint like it almost gives me shingles like feels that's so terrible like it's but it's not some people love that stuff and so um you have to build a team so find hey for some of you you know who it is you need to hire a housekeeper one day a week come in and clean your house it'll free up so much mental bandwidth and then when they do a good job and you start making more money because if anybody frees up mental bandwidth for you it will make you more money because you

will have the ability to think so you can grow Rich so hire a housekeeper hire a cook hire somebody to cut the grass hire somebody to clean the pool whatever the thing is that you hate to do that you have to do like I'm good at working on cars but I don't do it in fact I don't have a toolbox cuz I might be tempted to work on something say m why don't you you got a yard bro why don't you have a lawn mower I might be tempted to cut my grassing you know sometimes

the best way to not yield to Temptation don't put yourself in a place where Temptation Could Happen um can you imagine me 96 degrees I'm out there sitting on a lawn riding around in circles baby okay sorry no right hire somebody who frees up bandw with for you for some of you that's going to be like somebody who's going to do fulfillment when you sell stuff for some of you it's going to be somebody who's going to shoot and edit videos I don't know what it's going to be but like it stop thinking that you're

going to make more money by doing everything yourself and keeping the money to yourself take some of that money and pay somebody to do some of the stuff you hate to do and not you're not good at I promise you it'll change your life like very few other things will okay so build a um so pillar number one in 12 rules for wealth create a mental wealth inventory pillar number two create a verbal wealth inventory pillar number three create a tribal wealth Community pillar number four create a practical wealth activity and there are three different

Arenas in which we must create a practical wealth activity number one we have to create a practical wealth activity in the arena of business now the reality is if you do um the second one you don't have to do the first one but if you do the first one and you do the second one you can do it all way faster so the first one is the first principle is the first practical wealth activity is you have to start and build a business now you can create wealth as an employee without having a business it

just takes longer and it requires a level of discipline that many people don't have okay like I really literally believe with every fiber in my being if I had a job making hamburgers at McDonald's I could become a millionaire it would take longer but I could become a millionaire because whether like the level of wealth that you create is not predominantly determined by how much money you make it's not I'll get to that when I get to principle number two but principle number one is you must create um you must have a you must have

good business practices you got to start a business good business practices um what are good business practices um obsessing over other people's problems what are good business practices obsessing over your messaging so that when you talk to people about the solution you've created they say can I pay you now right not oh I think I might be interested in that you know what that means nothing I might be interested in that means here's what it means I'm not buying this from you but I don't have enough intestinal fortitude to tell you no that's what I

might be interested in that means but when I create messaging my messaging is not designed to create a response that says I might be interested in that my messaging is designed to for people to say Can I pay for it right now yes you can okay so you must have good business practices you must have good money management practices by the way if you want to find out about where to get good business practices you can read this book it's called boss moves boss moves is an acronym boss is an acronym that stands for business

optimization success Secrets this is my financial I mean this is my business brain in a book okay boss moves okay so if you will practice these principles you can create wealth and that's not me trying to sell books you can only get that book on bossov book.com um or you can attend the make more offers challenge you see behind me it says make more offers challenge if you attend the make more offers challenge I spend five days teaching you how to have good business practices lead generation practices on day one core product offers on day

two premium value offers on day three continuity offers on day four and then putting it all together on day five like that's what I show you in the make more offers challenge so if you go to make more offers challenge.com you can sign up and learn how to create some of these great business practices okay and some people are who who are watching this right now thinking oh he's just trying to sell books and a challenge okay then don't buy the book and don't buy the challenge like I'm there's no compulsion in anything I'm saying

I'm just making you aware and and when it comes to um a good business practice one of the practices I have you buy if you buy the VIP experience of the make more offers challenge which is $297 I give a 10 times better than money back guarantee which means I guarantee you that if you don't believe it was worth 10 times what you paid for it on Friday I'm going to remind you to get a refund before the challenge is over what yeah yes why because it's a good business practice to not take people's money

unless they feel like they've gotten more value than the money they paid okay you're tracking so principle number one under Crea a practical wealth Crea a practical wealth activity you must have good business practices number two you must have good money management practices this is how you create wealth if you have a job and you don't have any desire whatsoever to start a business all you have to do is manage your money better and in this book from the trash man to the Cashman how anyone can get rid of starting from anywhere one of the

chapters is on the money management principles of mil principle of millionaires I can if my can say I can and if I worked at McDonald's or Taco Bell or if I worked at some place where they don't pay you that much money I could become a millionaire by practicing the money management principle of millionaires in this book and it's called I can if my can say I can um and so get better at managing your money so the outgo doesn't exceed the income so the upkeep does not become the downfall and if you will do

that even even if you don't make that much money you can become a millionaire and probably inside 20 years like without even having a business right in 20 years is going to go by anyway so you might as well but what can you imagine what would happen if you have good business practices and good money management practices right some of we we just most people just have terrible money management practices like just terrible you're like they spend way more than they make and they've got two problems with that one they don't make enough two they

spend way too much but all of us could live off of way less than we live off of now we're just unwilling to do it like I I remember I used to live in Harrisburg Pennsylvania and I remember when this restaurant opened it was a little restaurant Uptown Plaza called The Great Wall Rob do you remember when the great wall opened and there were like 15 people 15 Chinese people they didn't live that far from the restaurant they all lived in the same house multiple families they all lived in the same house they started that

restaurant and then they built it up and then they went and opened up another one and then another another part family member would move out they go get another house and from the money they made and then they'd help that person get started then they'd do it again they'd help that person get started one of the reasons we have such a hard time creating wealth is because we've got so much pride we've got so much we have so much Frank Sinatra I Did It My Way mentality inside of us that we don't realize the reason

that God put people in families and in communities is because he did he put us here for our by ourselves but he not did not put us here for ourselves and so we could figure out a way to spend less money one of my team members just told me the other day they're going to be moving in with a family member they're going to be partnering splitting splitting the rents that's such a brilliant idea it's such a great idea why because then you can spend less money and you can do more with the money that

you're making to turn that into more wealth so you must have number one good business practices number two you must have good money management practices and number three you must have good investment practices so I'm going to share with you um something I wish someone would have shared with me um when I was much younger than I am right now and that is two of the best places to invest money in my opinion I'm 63 I don't know everything but I've learned a thing or two about her thing or two the two best places to

invest money number one some kind of permanent life insurance index universal life whole life insurance something where the life insurance also has a savings component with it I know by termin invest the difference I get it a lot of people disagree with me on this I know I used to preach and teach by term and invest the difference but I noticed what would happened in reality that's a great philosophy but in reality most people who bought the term insurance did not invest the difference so when it came time for as they got older and less

likely to be insurable and if they let their insurance lapse it became harder and harder and harder for them to get more insurance and they still didn't have any cash so if you buy the whole life insurance it doesn't build wealth rapidly but it builds transferable non-t taxable wealth and number two another great place to invest money is in real EST every single solitary person listening to my voice right now hear me when I tell you invest in some real estate that you do not live in or if you do live in it invest in

a multif family where you rent out I don't care if it's a duplex a fourplex an aplex where you rent out some of the units and then you have the tenants paying off your mortgage if you get if you can buy if you can figure out how to like build your credit up to the place where you can invest in a fourplex and you can rent out three of those you can live in one of the four units for free and have other people pay off the debt and then you get the appreciation the value

of the property goes up your wealth goes up and you get the depreciation you get to write off the first 27 and a half years of expenses on your taxes like and you get to do that in the first year what so when you think about these four pillars by the way this is me wrapping it up in a pretty little bow when you think about the four pillars of the 12 rules for wealth when you think about having a mental wealth inventory when you think about having a verbal wealth inventory when you think about

having the um the ver uh verbal wealth inventory when you think about having the tribal wealth community and you think about having the uh practical wealth activity when you put all of that stuff together it lines up perfectly with the four levels of value the mental wealth inventory is the imagination level the verbal wealth inventory is on the communication level the tribal wealth Community is on the unification level and the Practical wealth activity is on the implementation level and guess what you have to have all four so when you combine that together then congratulations you've

stepped into the arena of wealth and now it's time for you to get get playing start playing in the arena of wealth instead of playing in the AR in the arena of lack congratulations again for being in the right place at the right time I hope this video helps you take your life and your lifestyle to the next level stay blessed by the best and we'll see you in the next video