Omar Johnson - The 7 Immutable Laws Of Fast Wealth Building

The 7 Immutable Laws of Fast Wealth Building

How To Get Rich With Speed By Applying the Laws of Fast Wealth Building And Its Principles To Your life

By Omar Johnson

Copyright 2014 Published by Make Profits Easy LLC

Profitsdaily123@aol.com

Table of Contents

They say that success leaves clues and so does wealth. In regards to the latter the clues of wealth are all around us, they stare us right smack in the face every single day of our lives yet many people are oblivious to them. For those who are indeed aware of these particular wealth clues and are not on the path of attaining wealth then it is either because they dont have the desire to be rich and wealthy (they perhaps have some sort of psychological block that subdues this desire and prevents it from ever manifesting), or they are missing important pieces of the puzzle which are necessary to put together a concrete and viable plan for attaining wealth.

If the latter is your case, this book will fill in the blanks for you. It will give you the missing pieces of information that you need to put together your plan for wealth creation, wealth multiplication and wealth preservation. Now, in regards to the former if you have absolutely no desire to be rich and wealthy then I cant help you and neither can this book. And, if you have some sort of psychological block that you are wrestling with (maybe its a distorted or negative perception of money and wealth as a result of how you were raised as a child etc.) there is hope for you, you just have to work on changing your money blueprint.

Your money blueprint is basically your core beliefs pertaining to money. When these core beliefs are negative or self limiting, they inhibit you because you are conflicted. For example, if you grew up in an environment where you constantly heard such things as rich people are greedy, money doesnt grow on trees, rich people are crooks and other similar expressions, then it is a strong possibility that you have an aversion to wealth.

Maybe you are not even consciously aware that you have this aversion, but its there located in the recesses of your subconscious mind and you must address these issues first before you can move forward, because wealth creation is virtually impossible if you harbor the belief that wealth is inherently evil.

However, it is not the scope of this book to cover these types of psychological issues. If you feel that you need help in this area I have a book entitled Money Blueprint that will assist you in exorcising your wealth aversion demons. Now, lets discuss the intended purpose of this book. This book will discuss and cover in detail the 7 immutable laws of fast wealth building and its associated principles and how to apply them to your life so that you can build wealth faster than ever.

But pleased be warned, this is not a conventional book on wealth. We will not talk about things like saving 20% of your paycheck as a viable strategy to accumulate wealth (its not) or investing in the stock market for 40 years and watching your money compound as you earn gazillions of dollars (totally unrealistic). We will not talk about how to chant your way to wealth or how to Feng Shui your home so that you can create the proper energy to attract wealth. I will simply leave those things to the mystical wealth gurus who inhabit the earth (or do they?).

Anyway enough of the sarcasm, lets get started on the fascinating topic of fast wealth building!

This law is covered first because in order to create wealth you have to have control. First, you have to have control over yourself. You must have complete control over your time and how you spend it. You also have to have control over how you think and how you act. Most people might believe they do have control over these things and I agree that they do. However, they have made a conscious choice to relinquish this control to others. They give up their freedom and control for a paycheck.

When you work at a job you have very little control over your time. You are told what to do and when to do it when you are there. You are told what time to arrive to work, the amount of time it should take you to complete a task, what time to take lunch, and the time that you are permitted to leave work etc. You allow others to use your time as a form of leverage to create wealth, while you and your fellow co-workers just scratch out a living.

You made this choice primarily because you sought the illusion of security in the form of a predictable paycheck and income. You will never get wealthy this way because you cant get wealthy by receiving income from a job. In fact, income does not equal wealth. What does equate to wealth is having a substantial of amount equity in successful and profitable businesses or owning equity in a series of high value transactions.

Now Im not telling you to up and quit your job, but what I am saying is you have to gain control of your time and use it to create wealth for yourself. You can work on creating wealth in your spare time until you reach the point where you are comfortable enough financially to devote your full time to it. This path has been taken by many famous and not so famous entrepreneurs. For example, the late Steve Jobs worked at the game maker Atari and his Apple co-founder Steve Wozniak worked at Hewlett Packard, while they were working on creating the first Apple computer in a garage.

So to make this perfectly clear, you have to make the conscious decision to control your time. Once youve decided to take control of your time you have to use a significant portion of it to focus on wealth building.

Speaking of wealth building, you also want to have control over the things that you invest in. You want to be able to directly affect the outcome. For example, when you have your own business you are able to affect the outcome of that business because you have control over it. You can implement strategies that will increase its sales and profits and reduce its expenses accordingly. You can hire and fire people at your own discretion simply because you have control. The bottom line is that you have the power to steer your business in the direction that you want it to go in. You control its destiny.

This is why although I like the stock market Im not invested in it, because I cant affect the outcome of whether a stock goes up or down. This is totally at the whim of the marketplace. When you invest in the stock of a company unless you are Warren Buffet or Carl Icahn, you have absolutely no influence or control over that company, therefore you cannot affect the outcome of its profitability or anything else.

You are not the CEO and you dont sit on the board of directors. Yeah, you may have voting rights because you are a shareholder, but for your vote to have any impact on any issue where a vote is taken you need the other shareholders who also have voting rights to vote in unison with you and you have no control over that. You also dont have control over how profits are to be distributed and when. Its tough to build wealth that way.

Im not saying it cant be done, but it is in the hands of others. You have to hope and pray that the company has a good management team and that team stays intact. You have to hope and pray that you have enough shares of the stock so that if it appreciates you will be rewarded handsomely. You have to hope and pray that the company or companies that you invest in consistently pay dividends and those dividend amounts are not minuscule and you have enough shares, so that it will make a significant financial impact on your wealth building bottom line.

Dont get me wrong, I believe it is necessary to have faith and believe in the things that you are investing in. However, I cannot and will not base my wealth building strategy entirely on a hope and a prayer because that doesnt make sense to me. I have to have some sort of control that will allow me to positively affect the outcome of the venture that Im invested in.