Creating wealth is a systematic process. Anyone can use this principle to create wealth for himself if he is aware of the rule. The formula you must use is the application of effort based on knowledge. The quality of wealth you can produce will depend on the product of your effort and the quality of knowledge.
There are two principal factors that must be in place if you ever want wealth: the right effort based on the right knowledge. For any outcome (poverty and wealth) to be created, there are certain actions that must be implemented to reach your goal. To take the right steps, you must have the right knowledge.
An analysis of this formula shows that if you apply no effort towards creating wealth (that is E=0), then no matter how much knowledge you possess, your quality of wealth will be zero. That is:
If E=0 unit, K=123 units,
W= 0 × 123 = 0
That a professor that has so much knowledge cannot be a guarantee of wealth. Only knowledge cannot attract abundance to you. On the other hand, your effort without an adequate degree of relevant knowledge cannot assure you of getting it.
No experience of wealth can be deliberately created in the absence of the right knowledge and effort. For any outcome, there is a form of knowledge that must be worked on to get wealth. If you don’t have it, no matter how you try, you will be limited in getting what you want. People perish in lack and poverty because they lack the relevant and adequate knowledge to produce their much desired wealth.
This equation may look simple, but as we delve into it we will discover how the world’s richest and wealthiest unconsciously applied this rule to reach and surpass their dreams. You too can create your desires.
The big question now is, what kind of knowledge must I have; what steps must I take to become wealthy, how can one apply this equation to systematically create wealth? Answersto all these and more from next edition.
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