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Day 2 - Wealth
Manage episode 351275323 series 3431921
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Transcription:
Welcome to the Entrepreneurial Hierarchy of Needs section on wealth. As entrepreneurs, one of the most powerful assets is our wealth. Unfortunately, the act of obtaining, maintaining and increasing our wealth is not something commonly taught in our schools, and even more rare inside our homes.
Because of this, our wealth satisfaction score usually suffers. Our budgets are never built. Our savings never grows and our investments are never funded. We don't know where to start, and even worse, we don't know how to set expectations for our wealth.
Luckily, we have well educated and licensed professionals for most of our wealth needs. But some of us need to take baby steps. Start a little bit smaller. It could be quite intimidating if you're just starting to wrap your head around wealth and how it all works, but during the assessment understand that you can always start with education.
No matter how sophisticated your understanding of wealth is, or how little you may have in your bank act, your wealth deserves your attention. When answering each question, make sure that you're answering accurately and honestly so you're creating a clear depiction of what your wealth satisfaction looks like. Take your time and come out on the other side of this section with a greater sense of control on how to maximize the efficiency of ever dollar you own.
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