3 Wealth Building Strategies That Will Build You A Legacy – Entrepreneur
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Quite a lot of people claim that the successes they have accrued to date were all done by intuition. “Trust your gut,” they’ll say, as though it’s clear what that means. However, if you’re not where you want to be in your life, something isn’t working. So allow me to suggest three counterintuitive strategies to build wealth and a legacy that might give you the edge you’ve been looking for.
I want to preface this list by saying there is no one way to do anything. I decry the “cookie-cutter” approach to most things, except cutting cookies. Your charisma as an individual is your greatest strength if you understand how to harness that power. So many people waste years, decades, and sometimes their entire life trying to force something on themselves that isn’t a fit.
If that’s you, or it sounds like you could be falling into that trap, stop! You may be an excellent judge of character. You could be a natural-born hustler. Perhaps you’re connected to some high-power people, but that doesn’t mean you can intuit everything you need to build wealth and a legacy.
So if you’ve long since exhausted your ideas and are ready to try something new, try one of my three counterintuitive strategies to build wealth and a legacy.
Related: 5 Long-term Strategies To Create Wealth
1. Start with yourself
I know you’re preoccupied with all the external factors. Who you are and who you want to do not seem necessary. After all, you’ll be a happier, better person once you cross that magic line of “success,” right? But why do you think so many would-be entrepreneurs and millionaires burn out?
You can’t be of service if you’re not in service.
More than your physical and mental health (though those are also vitally important), you need to understand yourself and ask yourself these questions:
- What’s driving you?
- Who are you doing this for?
- Why do you seek the outcomes you claim will make you happy?
The problem for many of us is that we get caught living on someone else’s terms. This is what I genuinely believe lies behind all midlife crises. You are set for a rude awakening without bringing your awareness to that fact. What often precipitates as a result of that sudden, stark awakening are a bunch of rash and equally ill-judged decisions that you don’t want to leave behind for future generations.
“If I only had an hour to chop down a tree, I would spend the first 45 minutes sharpening my ax.” – …….