Word Count: 564 Date: Thu, 16 Aug 2007 10:55 AM
Build Wealth By Sharing Wealth
No one in today’s world has been in the entrepreneur or investing communities for long without meeting someone who built their empire from nothing. The stories vary, but they all involve risk, hard work, and something many of the small investors overlook – sharing the wealth.
Any business university graduate will quote a saying similar to this one, "If you make everyone you deal with rich, you’ll grow rich.
This is the key that gave birth to the entire entrepreneurship movement. It created a win/win situation for everyone involved. So, where was this wisdom lost? When you surf the web now, you find thousands of websites that promise to give you the secret of wealth if only you’ll buy into their program, or purchase their products.
Then, once you spend your money, they vanish from view. There is no mentoring, no networking, no collaborating.
There are no secrets. Do you want a secret? Buy Canadian oil stocks. The Canadian dollar is currently trading low, meaning that it has a reasonable value. However, By 2020 when the oil sands come online, Canada will export more oil than Iran and Iraq combined. There – you have a piece of advice that can make you potentially wealthy.
This is a natural progression, as the developed countries now fear giving more wealth, and power, to the current oil producing countries.
There is no reason to buy information like this.
Globally, the world is growing richer and this will have no option but to shake up the markets, and change how the world does business.
Current economic growth in India and China will also change how the world does business. If you want to make a fortune on the internet, start networking with people who speak Chinese.
These advancements may seem like an economic threat to manufacturers, but they are a growth market to entrepreneurs.
However, unless you have the resources to build websites that receive millions of hits a year, and can collaborate with Chinese entrepreneurs, as well as investing in products that will be needed in the future economic shake up that will hit the world, then you need to rethink your marketing plan and start networking again.
In fact, the 20 something generation will demand it. As they become the major buying power in North America, they will only do business with people in their groups, who have the same interests, and who invest something back into their lives.
Sharing the wealth is not hard. There are several successful networks online where one person works to increase hits, another person creates products to sell, while others work within the network to promote the product. All take a little of the responsibility. All share the wealth.
Networking is a tricky business. Not all networking groups are created equal. Not all members are willing to invest the same amount of time to make others profit. This is why you need to move slow, and build your network carefully. In fact, the best networks will be the ones you build yourself.
All most people want is a better life. Most will work hard for it, especially if they have someone who can help them, and will share the wealth.
About the Author
Mark Walters is a third generation investor who guides others to financial independence through the Creating Wealth Club http://www.CreatingWealthClub.com
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