Wealth Building: Let The Wealth Building Secrets Of J. Paul Getty Inspire You To Great Achievement

One of the shortcuts to creating wealth is to learn from those who have achieved great wealth.

The late John Paul Getty is known as one of the greatest wealth builders in American history.

He was kind enough to distill his wealth building rules for anyone who desires to amass wealth like him to follow.

Do you want to be fabulously rich? Then learn from the master wealth creator himself, and follow in his footsteps:

Rule No. 1:

To acquire wealth today, you must be in your own business.

You may think that the corporate executive with a $100,000 salary is better off than small shop owner, but the executive will be hard-pressed to double his income and taxes will eat up most of any increase.

The simplest peanut vendor has unlimited opportunity to expand his business and his income, and even salesmen, who in most cases are able to write their own paychecks, can control his sale increases himself.

Rule No. 2.

You must have a working knowledge of the business when you start and continue to increase your knowledge of it as you go along.

If you don't know what you're doing when you start, your mistakes will be costly and often unnecessary, and you won't be able to keep up with the technological explosions in any field. Start smart and stay that way.

Rule No. 3.

You must save money in your personal life and in your business venture as well.

Discipline is the key to saving money. You must develop the will power to deny yourself immediate gratification or the temptation to gamble on the quick buck. Resources will be needed for expansion and should be guarded carefully.

Rule No. 4.

You must take risks, both with your own money or with borrowed money.

Risk-taking is essential to business growth.

Nelson Bunker Hunt is admired for his guts in trying to corner the silver market, not scorned for losing money on this deal.

Some of the richest men have staked their entire fortunes and lost, several times over, before the risk-taking paid off.

Back those risks with good judgment, experience, commitment, And the right support.

Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.

Rule No. 5.

You must not only learn to live with tension, you must seek it out.

Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.

Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.

Men of means look at making money as a game which they love to play.

Consider it serious business and you will suffer far more stress than you need or want.

Keep your perspective or your stress level will rocket beyond your control.

Rule No. 6.

Build wealth as a by-product of your business success.

If wealth is your only object in business, you will probably fail.

Wealth is only a benefit of the game. If you win, the money will be there.

If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.

Rule No. 7.

Patience.

This is the greatest business asset. Wait for the right time to make your moves.

Let your business grow naturally, not by pressing your luck.

Rules No. 8.

Diversify at the top.

Once you've made it, you'll understand that any business is limited in the challenges it offers.

You'll want and need other games to play, so you'll look for other ventures to hold your interest.

May these words of wisdom from Mr. Getty inspire you to build fabulous wealth and reach the stars.

Warmly,

Ikey- Benney, CEO

I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", (online currency trading), program which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs.

Mscsrrr Millionaire Secret Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free "cash"?

In The News:


pen paper and inkwell


cat break through


Excuses, Excuses, Excuses

Lately, I've become super sensitive to the amount of excuses... Read More

Lazy? Or Right on Schedule

Q. I've been working on a big project for a... Read More

Wake Up to the Life You Love

While speaking at a San Diego university recently, I was... Read More

Life Doesnt Have A Sell By Date

Or does it?Best on or before?.. Nearly everything we touch... Read More

You Can!

"There are only two ways of bringing brightness into your... Read More

Journaling - A Tool for Healing and Growth

The word "journal" comes from the French. It dates back... Read More

Raising The Bar

One of the most popular events in the Olympics is... Read More

Face Your Fears

Yes, that's me up there! Interestingly enough, I used to... Read More

ADHD - Its a Wonderful Life

As I usually do over the Holidays, I watched one... Read More

Challenge Yourself - Stretch Your Boundaries Daily!

Many times we fall into a sedentary lifestyle because we... Read More

What is Your Challenge

January is almost over.Why do most New Year's Resolutions fail?By... Read More

Comment on Extra Ordinary Men of Our Time

Remember during the missions of Apollo. And others we knew... Read More

Three Fs and a Challenge

It's no secret that life is a tricky animal to... Read More

Going The Extra Mile

There is one sure way to get what you want... Read More

We Are Trying To...

How many times have you heard this in your life?... Read More

Our Future

I'm back from Hawaii; it was ten days of physical... Read More

Change - The Skill Of Adapting To The Inevitable

Change your thoughts and you change your world. -Norman Vincent... Read More

17 More Things Ive Noticed Along the Way So Far

Three areas of life in which we get very little... Read More

This Emotion Is As Helpful As Ali-Baba And His Forty Thieves!

Are you afraid of your own best ideas? Do you... Read More

A Perfect World ... Imbalance Creates Motivation

I am a big proponent of balance. Everything has to... Read More

12 Reflections on Personal Responsibility

Responsibility means being accountable for what we think, say, and... Read More

Mindfulness and Birthdays: Surprising Moments

The first week of May is a big birthday time... Read More

Getting Started is the Toughest Part of the Job

One of the most challenging things about starting on a... Read More

Stop Procrastination - Just do it!

What stops you from 'getting things done?'Have you ever started... Read More

Wisdom Comes to the Inquisitive Mind

Throughout my life I have observed many things and I... Read More

Selective Perspective

Picture this: A mother and daughter are looking at the... Read More

Speed Reading Technique

Four Brilliant Tips to Speed Read Faster than EverMany people,... Read More

The Power Of Purpose

The manifestations of motiveA man is captive within himself. He... Read More

Frustration, Isolation, Overwhelm

Whether you've been in business for yourself for a day... Read More

Are You in Touch With Your Inner M?

"M" is for Motivation.What motivates you to do a good... Read More

The Top 10 Creative Strategies for Moving into Action and For Getting Bottom Line Results

Your ability to move into action and to achieve bottom... Read More

7 Tips to Keep up Your New Year Resolutions

There are many people who enthusiastically make their New Year... Read More

Heres How Tiger, Oprah, And Spielberg Stay Motivated

I want to share with you a powerful principle that... Read More