2016 Wealth is More Than Money

Kim Sawyer speaking on the topic.
Wealth is More Than Money from the President at
theWealthSource.com
12016 Copyright - theWealthSource

I am on a crusade.

I am on a crusade against for-profit organizations.
I am also on a crusade against not-for-profit
organizations.

Confused? You should be; the whole conversation is
inherently nonsense.
I am against the distinction itself. Two different
types of organization a false dichotomy
What I am taking a stand against is the distinction
itself. The very notion of these two different types
of organization is a false dichotomy, and any
enterprise that tries to twist itself into one of these
either/or constructs risks undermining its own
success.

The goal of every human endeavor is to profit;
otherwise why bother? If it creates a loss, or even
creates nothing more than it started with, it can
hardly survive, let alone thrive. This is so obvious, it
hardly needs be said. So where’s the complication?

Contradictions don’t actually exist in reality, only in
our minds
Check your premises
I was taught once that contradictions don’t actually
exist in reality, only in our minds. If I am confronted
with what seems to be a contradiction, I should
check my premises; there’s a lie, or at least an error,
hiding in there somewhere.

The false premise at the source of this paradox is
the notion that profit only comes in the form of
money - that if one profits one has more money and
that if one doesn’t have more money one has not
created a profit. Let’s check this premise by taking a
closer look at this word “profit.”

Let’s take a closer look at this word “profit.”
According to Webster’s “Simple Definition”, profit is
“the advantage or benefit that is gained from doing
something.” In the “Full Definition”, the first entry is
“valuable return: gain”… no mention of money.

My working definition of profit is simply “to be
wealthier after an action than before it.”

But this begs a few very important questions and is
the reason why we are here today.
What is wealth?
What is the source of our wealth?
How do we create wealth?

What is wealth?
Most would answer that it is the money in your
bank account, or the numbers on your business’s
balance sheet, or the size of your 401(k), or the
homes you own, or the "toys" you buy. I beg to
differ.

Wealth is all about Value.
Value is the capacity of anything to contribute to living a good,
fulfilling life. Life is the only thing that is an end in itself; everything
else serves it to some degree (valuable)…or not (worthless or even
destructive). All of our decisions, choices and actions are based our
ability to evaluate something on this scale. The directive of the
designation “valuable” is to invest resources towards in in
proportion to its value. On the other hand the designation
“worthless” directs us to ignore it and “destructive,” defend against
it.
To the extent that you are functioning as a healthy human organism,
the purpose of everything you seek and do in your life is simply to
make the most of your life, measured against your hierarchy of your
values (more on this later).

Wealth is all about Value.
Values can be spoken, but true values are lived. A value is
anything you act to gain and keep. Regardless of what you
may think or say you value, taking a look at your bank
account and your calendar tells the simple truth about what
really matters most to you... even if you are not consciously
aware of it when you make those decisions. And there is the
crux of the matter; if you are not paying attention to each of
the choices you are making; in a multitude of ways every
single day, you could be giving up more valuable things for
less valuable things...in essence making yourself poorer,
because…

Wealth is accumulated value.
Wealth is no more and no less than a quantity of
things that contribute to a well-lived life. An asset is
anything of value. Your wealth is the collection of all
the assets you possess in your life.

Wealth is accumulated value.
At the end of the day, the truest measure of success
in life is to have the most of what you care about
the most – to be as wealthy as possible. And….

Wealth is more than money.
Your wealth is the measure of the total value of all
the things you care about that you have in all the
areas of your life.

Wealth is more than money.
– the things that make your life the kind of life you
want to life: people, ideas, material things, purpose,
legacy, service, health and yes, money.

What is the Source of Wealth?

What is the Source of our Wealth?
If you measure wealth in financial or material terms,
then you have to accept that wealth comes from
outside of you - it comes from your job, the stock
market, the economy. Therefore your ability to
create wealth is dependent largely on factors
outside of your control, but…,

What if the source of your wealth were not
external?
What if YOU are in charge of the wealth you
create?
What if you had the power to generate wealth –
wherever you are and whatever your
circumstances may be?

You absolutely do…if you think it, own it and live
it!
It is only by attending to, cultivating and growing
the capacity within you to create wealth that you
ultimately come to be the wealthiest over the
course of your life. It comes down essentially to
how you are built inside, how you look at and show
up in your life and how you relate to the people you
encounter along the way.

The Source of Wealth is within you.
You decide what is valuable to you and how much.
You hold the capacity to act to generate wealth.
Your wealth is simply the realization of these two
truths.

This will take nothing more than, yet nothing less
than a deep change in perspective - not a new tool
or technique or system. Becoming incredibly
wealthy requires a total shift in how you look at the
world and yourself in it; and more, it then calls on
you to show up, think and act in your life from
within this new world view – what I call Wealth
Consciousness.

Instead of chasing wealth, you become a person of
great value, as a way of being, who generates great
value as a way of living. Great wealth follows. Just
watch and see!!

How do I make a shift like this?
Here is a powerful model for making big change, deep
change, transformational change - in yourself and your life:
You change your RESULTS by changing your BEHAVIORS.
You change your BEHAVIORS by changing your THOUGHTS.
You change your THOUGHTS by changing your
PARADIGM.

But how do you change a paradigm?
You change your ROLE.
Redefine your role in your life as an investor
Wealth Consciousness = Every moment in your life is an
investment decision.
To make the shift to Wealth Consciousness, you simply
redefine your role in your life as an investor in the Whole-
Life Marketplace. From the perspective of Wealth
Consciousness…
… Every moment in your life is an investment decision.

Wealth Consciousness
We all have one fundamental resource – one
primary currency to spend, of which all others are
derivative – Time. And Time is really just the
measurable aspect of our One Primary Asset – Life.
Each of our lives is our one most valuable asset –
the one that gives the concept of “value” its
meaning – the one we all own completely and
unconditionally as long as we have it.

Time, is the only non-renewable resource
But Life, with its metric Time, is the only non-
renewable resource; each moment, once spent is
gone – never to be reclaimed or relived.

How much attention, let alone intention, do you pay
to how you spend those moments?

In the paradigm of Wealth Consciousness, during
each of those of expenditures of a denomination of
our life, we have some secondary currencies to
invest. Within us we have accounts of Attention,
Energy, and Love (relationship). And then as we
assume our adult place out in society, we acquire
Money. Contrary to Time, we can create more of
these currencies (if we do the right things), save
them and spend them - when we choose and how
we plan.

In every moment you consciously and unconsciously make
choices to spend one or more of these currencies on
something or someone; and when you do, you forego every
alternative investment available to you at the time for those
currencies. As an investor, it is your job to continually check
your return on investment (ROI) from these choices. Are you
getting something of more value from that experience than
the interval of life and other currencies you invested in it?
Will you end up with what is worth more to you than the
amount of Attention, Energy, Love and Money you spent to
get it?

And even more important that the concept of
“value” is the concept of “relative value.” Every
“yes” you speak says a thousand “no”s. Even if you
are better off after a particular choice or course of
action, are you more better-off than you could have
been with other options that were available to you
for investing those resources? Is it the best ROI you
can achieve from among all available alternative
investments, or is it better to invest somewhere
else?

Seem like a lot to continually look at, process and
decide? Living an extraordinarily rich and valuable
life requires time, expertise, rigor and effort. It’s a
full time job!

You create maximum wealth by continually
choosing to invest your Life (Time), Attention,
Energy, Love and Money in the ways that you
believe will generate more value than any other
option you see open to you at that point. This
requires that you live your life AWAKE to those
moments as choices.

This also requires that you accept the responsibility
to think and act in your life the way a skilled
investor would manage a portfolio of investments –
because your life IS the most valuable portfolio of
investments you will ever own!

Your Whole-Life Portfolio
In addition to your core currencies, the assets you
may have in various areas of your life (accounts) can
take many forms: Art, Relationships, Fun, Family,
Comfort, Excitement, Health, Fulfillment, making a
difference in the world, etc. You invest your primary
currencies to obtain these things, and frequently
trade them for one another, because you believe
they will help make the most of your life – as you
want to live it.

Your Whole-Life Portfolio
Finally there are your capital assets. Capital assets
are assets whose purpose is to create other assets.
These are things such as education, emotional
intelligence, organization tools, strategic
relationships, physical fitness, etc. Investing in
capital assets is the way to build your Wealth
Source. Investing in assets increases your wealth,
but investing in capital assets increases your
capacity to create wealth!

The paradigm shift to Wealth Consciousness is a
fundamental decision, whether you are conscious of
it or not, whether you own it or not. It is the
decision to look at, show up in and live your life
from the realization that, you are an investor in
every moment of your life. It is about committing
to the idea of building a successful life full of wealth
- in all forms - using the same tried and true
principles and techniques used for building financial
wealth.

Your wealth is the collection of all the
assets you possess; and
at the end of the day, the truest measure
of success in life is to
have the most of what you care about the
most.

Now back to that pesky “for-profit vs not-for-profit
organization” issue…
As with a person, the objective of any rational,
viable enterprise is to create the most of what its
owners and stakeholders care about most, which
translates to “produce maximum value with every
resource it spends in order to operate at maximum
profitability and thereby create maximum wealth –
in all its forms!” All viable organizations are for-
profit. They are striving to profit – be it in money or
any other asset it values. An organization will either
be for-profit, or it will soon cease to be!!

Questions for you:

How focused are you on the profitability of your
life?

When did you last take a look at your personal
“Whole-Life P&L”?

Is your life generating the most wealth at full
capacity?

Are you reinvesting in your wealth’s source?

360° Look@Life and Wealth Planning Tool™
Our upcoming 360° Look@Life™ Blog Series, we will delve more
deeply into the topic of “Wealth Is More Than Money” and its
application to living more profitably.
The Series, along with the associated 360° Wealth Planning
Tool™ will guide you through learning how to:
1. Monitor and manage each area of your life as an account into
which you deposit the things that are valuable to you in
making that domain of your life better.
2. Evaluate the balance in each account at any given time
3. Increase that balance by intentionally, proactively and
strategically filling each area of your life with things that you
value – in a way that serves the success of that account, the
other accounts and your Life Portfolio as a whole.

Our Mission
We coach business people and teams,
audiences and enterprises to create
wealth
– in all its forms.
And everyone we touch walk away
wealthier.

If you are on social media … you can find Kim
Sawyer here… and if you’re looking for the hashtag
for today’s talk here are a couple including
#WIMTM

2016 Wealth is More Than Money

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