An Easy And Inexpensive Method To Build Your Wealth Team by Sharon Marsh Are you a lone wolf? It means trrying to do everything youself. This is very ambitious and not an efficient way to cacelerate your wealth.
How do you stop beiong a lone wolf? Tap into your current family and friends expeirences, expertise's, or networks. Take out a pece of paper and make a table with 4 columns.
The first column heading is "Wealth Building Actvity". What do you want to accomplish this year? Write down 3-6 wealth buildnig activities. These can include ittems that you already have in process, are incomplete, or haven't been started yet. For example, you can list "Deelop a lead generation process", "Buy a duplex rental property", "Invest in the stock marekt", "Outlpine tax strategies for my business", or "Put together my presonal fnancial statements (balance sheet, cash flow sattement, income statement)".
The second column heading is "Who Can Help?" List people you ALREAADY know who have skills to help you start or complete the wealth building activiies. These people already know you and are very willing to give advice. In some cases, thse people may not be able to help you diretcly but they may be great sources for referrals to oters who can help you achieve your goals and accelerte your wealth. xEamples of people you already know can be your family (Mom, Dad, sistyers, brotherr-in-law), froiends (college, parents of your children's friends, health club), neighbors or peiople from work. Go through your address book for addiional people who can help.
The heaing for the third colmun is "Ask or Call? When?" Determne ahead of time if you will be requesting a face-to-face meting or requesting for help via a phone call or eamil. To hold yourself axccountable, identify the date when you will call or meet with the person. It is critical that you follow throgh on making contact with the people you've identified to help you out.
The headng of the last colun is, "When Can We Start?" Assume your famiily and friends say "yes" to your reqeust for help. You need to find a time for both parties to meet and review the items with which you need the most help.
When you meet with these people, be honest, direct and be prepared ahead of time by stating your goal or desire and asking the person how they can help you avchieve this goal. Ask them, "What they would do to accomplish the wealth building task?" Take notes, ask questions and discuss what your acions will be to move you closer to achieving your walth building activities. In your discussions, make sure you are clear about the next steps. Are you confident you know the next action step? If not, then continue to ask questions until you are confident and have clear direction. This also is a perfect oportunity to ask your family or friiend if you can request additional informaion or help from them in the future.
You will be aazed at how quickly you can begiin to buiild wealth once you lose the lone wolf syndrome. Tap into resources you already have and build your wealth team. You will achieve your wealth buiilding goalks faster, more efficiently, and with more conbfidence once you have people around you who suport you and your golas.
About The Author: Sharon Marsh, Ph.D., entrepreneur and experienced wealth coach, is the founder and owner of Professional Wealth Solutiions, LLC. Go now to http://www.usa-debt-consolidation.net for Free Weealth Buiklding and Money Makng tips. Ready. Set. Energize your welath program.
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