Are you trying to navigate the terrain that leads to wealth all by yourself? Well you might be empowered and sufficiently motivated to make it on your own, but the truth is great wealth is the product of team work.
I want you to know that behind every wealthy person is a team who has contributed significantly to his or her success. In fact without them success would have been impossible. A lot goes into creating wealth and no one has the monopoly over all aspects of the process.
Those desirous of wealth and fortune must create their “money team,” made up of these eight characters on the road to creating wealth:
Banker
It takes money to make money, so your banker is an integral member of your money team. Wealth builders have ideas, business opportunities and ventures that require significant funding that can only be sourced from a financial institution.
Accountant
The first thing anyone would scrutinize before investing in your venture are the financials. The services of an accountant are required because the books are a snapshot of your enterprise. Incomes, expenditures, projections, taxes, inflows and outflows must be properly accounted for.
Lawyer
The kinds of deals that bring wealth come with a lot of terms and conditions so you need a lawyer to help you decipher all the legalese. Please do not sign any contracts without getting comprehensive legal advice as the consequences of bypassing this step could be costly.
Spouse/Relationship Partner
Your spouse or relationship partner also qualifies as a member of your money team. Their belief, support and encouragement goes a long way in keeping you motivated and focused to face any challenges on the road to wealth.
Spiritual Adviser
A spiritual adviser brings a sense of balance and perspective to one’s wealth building efforts. It is very easy to pursue wealth to the detriment of other important things in life. A spiritual adviser is there to help you keep everything in proper perspective. Money is important, but it is not everything.
Mentor
Tapping from the experiences of someone who has achieved what you are trying to do is priceless. A mentor’s input will cause you to make less mistakes and increase your chances to achieve your goals much faster.
Personal Assistant
There are lots of activities taking place when you are trying to build wealth; it’s not easy keeping track of it all. This is where a Personal Assistant comes in, following up with you daily to remind you to keep all your commitments and tying up loose ends. A good P.A is essential.
Financial Advisor
While bankers and accountants also offer financial advice, a financial advisor is more knowledgeable about what opportunities to take advantage of in order to achieve your financial goals. It pays to have a second person scrutinize investment opportunities and the risks involved before you take the plunge.
Thomas Stanley, author of the Millionaire Next Door, found in his research that the best wealth accumulators usually assemble a team of advisors when making important financial decisions. So start today to build your money team, because building wealth is a team sport.
Kenneth Doghudje
