HOW TO CREATE WEALTH THE EASY WAY (PART TWO)
Mastery Hub
Mastery Hub

1. The liquid state of wealth
The liquid state of wealth refers to liquid cash (Money). After getting a noble idea, you have to convert it to cash. It is called liquid because it can flow easily across.
This conversion calls for taking initiatives. You have to get into action. An idea without action cannot create wealth.
The best way to convert an idea into cash is to start a business. This is what Jeff Bezos, Bill Gates, and Steve Jobs did. They all started businesses. This is a critical step in wealth creation.
A business will act as a vehicle through which you manifest your idea and start making cash.
2. The solid state of wealth.
This is the most neglected stage when it comes to making wealth. Making money is not the end. It is just a mere step in wealth creation.
Average people take making money as their ultimate goal. This is how they remain poor. Successful people understand that making money is just a part of the process of creating wealth.
The gas state of wealth refers to assets. It is the final stage of creating wealth.
After making money, you have to use it to accumulate assets. These assets can be:
· Income-generating assets- Assets that bring you more money.
· Appreciating assets- Assets that increase in value over time.
These assets can be businesses, precious metals, real estate, stocks, bonds, etc.
This is how to create wealth. It is the ultimate goal of successful people. Even if you do not have cash but you have assets, you are wealthy.
The conversion
Converting the gas state of wealth to the liquid state of wealth and ultimately to the solid state of wealth is never easy.
In science, converting gas to a liquid is called condensing. Converting a liquid into a solid is freezing.
These two processes happen through exposure to very low temperatures. The low-temperature forces gas to become a liquid and a liquid to become a solid.
This is similar to wealth creation. Converting an idea into an asset costs more than many people are ready to pay. It is not a walk in the park. You will be rejected, discouraged, ridiculed, and even hated.
The journey to success is very lonely and very tiresome. It is never for the weak and the simple. The process calls for courage, risk, initiative, resilience, and everything else you have.
You will have to get out of your comfort zone. You will condense and freeze but the end will be sweet.
Conclusion
If you have the guts and the knowledge of wealth creation, the process will not be as hard.
I challenge you to make it your goal to make wealth. You will be happier and more fulfilled. Poverty and struggle have never been fun for anyone.
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Mastery Hub
Mastery Hub