some image

Tag creating wealth

What’s Brewing

Tags: , , , , , , , blog, blog app No comments
featured image

So there was a show on recently about the world’s most expensive food. Coffee at $700 per cup for instance. So rare because it is eaten and pooed out by a critter in the Sumatran jungle as part of the processing. Needless to say a flavour all of its own. Or the Beluga caviar at over $50,000 per tin. So pricey because you have to wait 12 years to get your first eggs. Or then there’s the ice-cream made from melting glaciers in Africa or you might prefer the gold leaf from Dubai at over $1000 per scoop.

 

But of course if you’d prefer a meal in the world’s most expensive restaurant, you are welcome to book a seat at nearly $3000 per person. And you’ll have to fly there.

 

Prices like these show there’s more than enough money to go round. And it’s not just in the food industry. How about the client who rang me yesterday. Bored on a Tuesday afternoon so thought he’d go out shopping and buy a bit of furniture. Came home with a Ferrari all because his ‘old’ Audi needed new tyres.

 

Quite an insight into how the other half live isn’t it.

 

But the thing is there’s a market for it and smart people are positioning themselves to be in the business of selling to the people who can afford to buy. And making a handsome profit in the process. And while some people will sit in judgement of the lavishness of this lifestyle, it pays to remember that the wealthy are sharing their fortune with those ready to receive it every time they make a purchase.

 

It’s an exchange of value.

 

When money’s not an issue, the rich are looking for something else. An experience. A story. And any astute entrepreneur will see the opportunity to fill that gap.

 

Really it’s all about choice. The choices we make that bring money and opportunity our way. Or keep us struggling. And whether our choices are conscious or not, we are all making them, all the time. We can choose to be judgemental about the way other people live. Or we can choose to be in the business that provides goods and services to the rich and famous. It just takes a bit of know how, a good strategy and the confidence and mindset to make it happen.

 

We spent the last week with our business clients doing just that. Developing their entrepreneurial skills as they create profitable solutions to other people’s needs. And it’s exciting times.

 

The world is your oyster. There are some great opportunities out there. And who knows, maybe one day you’ll be the one ordering the caviar. After all, that’s how my client got his Ferrari.

 

What are you waiting for?

Programmed Poverty

Tags: , , , , , , , , , , , blog, blog app No comments

They get their claws in early. Programming our kids for a life of debt. Online games that get kids younger than 10 already in the mindset of shopping for stuff they don’t need, and on credit. The crime is it’s legal. And while the legal age for a real credit card is 18, they hand out virtual credit cards from the age a kid is old enough to read and work a mouse. And that’s the perfect age to programme them.

How about this game…

This young stylista feels like going shopping today, but there isn’t enough money in her wallet! She will have to work first, so how about giving her a helping hand? Play the “Gain Money For Shopping” skills and dress up game and help this cutie gain enough money to buy all those designer clothes and stylish accessories catching lovely flowers and yummy fruities falling from the sky. Good luck and have fun!

Bet you’re rushing to sign up. Tragedy is the kids are. And there’s another one that’s caused a stir in the office. This one hands out credit cards to kids with budgets of almost $1000 to blow on.. yes wait for it… more designer clothes! Not a down payment on an investment property. That would be too smart. One of the mums in our office freaked when she saw what her kids were playing. And the filters don’t stop this online threat from reaching our kids. In fact they allow it. And while the games don’t even resemble real life for most people, they easily succeed in brainwashing a young mind into a lifetime of debt and misery.

And because most parents are similarly programmed, they hardly even notice what their kids are playing. Or what they’re learning.

What if instead we taught our kids about the importance of business skills? Of investing. Of growing passive income.  And we made it fun. If you don’t have a family business, you could create one, even if it’s just on paper. Spending a bit more quality time with them playing the game of money. Perhaps that is the type of homework our kids should be doing. So much more relevant to the real world ahead of them than some of the homework they get now. True survival skills.

I often wonder how many lives could be made happier with a good financial education? How much happier we would all be with a sense of financial control. Understanding how to make money work for us instead of selling our soul for money just to survive. But if we are to teach our kids something different it starts with us. In order to teach our children, we need to learn something different for ourselves.

How much do you know about getting money to work for you?

What about your business skills?

How will you develop your own financial intelligence to create a better future for your kids?