What is Wealth Dynamics?
Wealth Dynamics is a wealth profiling system which uses a psychometric test to assess your personality, strengths, productivity, values and group behaviour, to determine your most natural way to build wealth.
Up until now the only way to discover which path is right for you, has been through the process of trial and error. You make your money in business, then lose it all on the stock market… You spend years earning money working for someone else, and then lose it all starting your own business…
Wealth Dynamics was developed to take the trial and error out of the process. It provides you with a map to guide you on your path to wealth, allowing you to identify which strategies, and six steps you need to be focusing on, learning about, and taking action on.
Wealth profiling is a tool based on ancient philosophies which helps you to identify how to use your natural talents and character to live in your “zone”, and in the “flow”.
Benefits of Wealth Dynamics
When you understand wealth dynamics and wealth profiling, you’ll discover a way for you to build your wealth which comes naturally to you, so it’s fun and sustainable. You’ll be following a proven path which others similar to you have already followed, and achieved success with. You’ll understand where to invest your time, and how to identify the right role models. You’ll also begin to attract the opportunities and people who will help you build your wealth.
To truly understand the benefits of wealth dynamics and wealth profiling, it’s also important to understand wealth.
The Definition of Wealth
"Wealth isn’t how much money you have, it’s what you’re left with if you lose all your money."
Truly wealthy people have something called attraction. They have invested their TIME in the components of wealth: Their wealth network (the people they know), their financial fitness (knowing how to play the game), and clarity of their path (we all have a path of least resistance). The wealthy didn’t get wealthy by investing their money, they got wealthy by investing their time. They invested their time on building these three components. When a wealthy person loses all their money, they haven’t lost their network, mindset or clarity, and these make it increasingly easy for them to turn the money tap straight back on again.
The Wealth Equation
All wealth is built from a basic equation: WEALTH = VALUE x LEVERAGE Believe it or not, every single wealthy person on this planet has created money flow by creating value, and leveraging it.
Sounds simple… but the challenge is that people appear to have made their wealth in different ways. They have – but only in one of eight different ways. These eight ways are as a result of the way in which they naturally create value and leverage it. This is the basis of Wealth Dynamics.
The Opposites of the Equation – Value and Leverage
VALUE: There are two opposites of how value is created. This is based on the way that your thinking brain is naturally oriented:
1. Some of us have a tendency towards high frequency ‘intuitive’ thinking. We will create value through INNOVATION. The value is in something new – faster, smaller, bigger, cheaper, better, etc.
2. Some of us have a tendency towards low frequency ‘sensory’ thinking. We will create value through TIMING. The value is in time – why innovate anything when you know when to buy and when to sell?
LEVERAGE: There are also two opposites with how we leverage. This is based on our action dynamic – the way we naturally translate our thinking into action:
1. Some of us have an internal action dynamic, where we will rely more on systems and numbers to interpret and act. We will leverage by being able to answer the question "How can this happen without me" and to leverage we: MULTIPLY.
2. Some of us have an external action dynamic, where we will rely more on people and communication to interpret and act. We will leverage by being able to answer the question "How can this only happen with me" and to leverage we: MAGNIFY.
These four opposites make up the four sides of the Wealth Dynamics Square. The top and bottom of the square represent the dimensions of value, while the left and right hand sides represent dimensions of leverage.
Once you know your wealth profile, you are in a position to better understand how you can best create value and leverage to build your own wealth. This is extremely important because each profile is like a different game, and therefore has its own set of rules.
What every one of the above wealth creators has in common is that they played their game, and their game only…, day in and day out…, which allowed them to master the rules of their game. Each profile requires an entirely different strategy, a different team, different mentors, a different wealth network and a different financial fitness. When you know your wealth profile it’s like being given a rule book and coach to excel at the game you have the greatest potential to excel in. Without it, it likes trying to play soccer, hockey and rugby all on the same field, at the same time, with the same ball and the same coach. The result would be chaotic.
Some great wealth creators have stumbled across their profile without knowing it. They’ve created great wealth, only to lose it because they changed games without realizing it. Consider Steve Case who went from creating wealth as a supporter to loosing it as a dealmaker, or Martha Stewart who played the game of Star brilliantly to create wealth, only to loose it when she broke the rules of a Star.
Ultimately the ongoing success of each comes down to a sustained focus on that profile. Bill Gates didn’t get into dealmaking at a time when the entire tech industry did.
Instead, he focused on being even more creative. Warren Buffett didn’t get into trading when everyone was telling him to, but instead continued to focus his time on accumulating the right assets and the right time – and doing it with passion.
Your wealth profile will not dictate your industry, but may guide you to your most appropriate role within that industry, so it’s not about starting your wealth creation learning from scratch. It’s about using who you are, and what comes naturally to you to best advantage.
Once you know your profile you’ll have clarity on your path of least resistance. Not surprisingly, what you do most naturally, is also what creates the least stress and the most enjoyment. That’s the point – if you’re doing something that feels like hard work, you’re already doing the wrong thing.
When you discover your wealth profile, you’ll also receive the rules for the game for that profile, so you gain incredible clarity on how to invest your time, what steps you need to take next, who you need to learn from, where you need to be, what you need to do – and equally important, what not to waste your time on any longer.
"If you want to learn basketball, then don’t spend your time on the football pitch." – Roger Hamilton
The Eight Wealth Profiles
There are eight different wealth creation games you can choose to play, and when you know your wealth profile, you’ll know which game to choose. Here’s a very brief explanation of each of the profiles.
Creator… Bill Gates, Larry Ellison, Richard Branson
Creators are big picture thinkers with an awesome ability to get things started, although they tend to be shocking when it comes to finishing things. Their drive and momentum can be exhausting for others around them, and they themselves very rarely know how to use their drive and intuition to maximum effect. It’s common for a creator to flit from one project or opportunity to the next…without ever benefiting from the fruit of their efforts. Examples of successful creators include Bill Gates, Larry Ellison and Richard Branson.
Star… Martha Stewart, Anthony Robbins
Stars are aware of the strength of their personality, and often use it to their advantage without realizing the negative impact it can have on those around them. As a star increases their ability to shine, they can often get burnt out with extreme demands on their time. Increased success frequently means greater stress, and an inability to capitalize on their stardom in a sustainable way. Examples of Stars who have found their natural path include Martha Stewart and Anthony Robbins. However, Martha Stewart didn’t know she’d found her path and deviated from it…it must have been a painful lesson.
Supporter… Rudolph Giuliani and Jack Welch
Supporters have strong interpersonal skills and are great at building relationships but generally poor at knowing how to use their ability to create sustainable wealth in a way that’s fun for them. They have little or no affinity for systems so it is easy for the value they create to be lost. Examples of supporters who have discovered the secrets to their profile are Rudolph Giuliani and Jack Welch.
Dealmaker… Donald Trump, Rupert Murdoch
Dealmakers are naturally great communicators, influencers and negotiators with a great sense of timing. They may not understand their limits or how to best capitalize on their unique abilities, and may not believe dealmaking to be a credible way to build wealth. Examples of successful dealmakers are Donald Trump and Rupert Murdoch.
Trader… George Soros
Many people see themselves as traders, possibly as a result of the increased profile of online, retail and options trading. In reality, most people aren’t traders, which partially explains why most who try these things, lose their money. Their strength of operating at point blank range is also their weakness as they rarely plan ahead. George Soros has achieved great wealth through following his natural path as a trader without deviating.
Accumulator… Warren Buffet
The accumulator is the safest profile, and relies on a system to achieve incremental wealth growth. Many wealth seekers choose this approach but as it is also the slowest, they get itchy feet and move on before they achieve the success they hoped for. Many see accumulators as indecisive and procrastinators, and they often go unnoticed. Warren Buffet is possibly the world’s most well known accumulator.
Lord… J D Rockefeller, J Paul Getty
Lords look at the entrepreneurs and stars of this world and wonder why on earth they would ever want to do what they do. Lords are rarely seen, yet rolling in cash, and often in control of natural resources and man made structures. They act slowly and certainly, which frustrates many around them, and inevitably these characteristics may be the source of many of their challenges when it comes to wealth creation. John D Rockefeller and J Paul Getty are two successful and well known Lords.
Mechanic… Ray Kroc, Sam Walton
A mechanic has the ability to control and manage people without necessarily having any charismatic leadership qualities. Mechanics endure and tend to rely on duplication and replication, and love to challenge the status quo. Mechanics may get caught up in the detail, at the expense of the big picture. Successful mechanics include Ray Kroc and Sam Walton.
History of Wealth Dynamics
Wealth profiling and wealth dynamics has been developed by Roger Hamilton, and adapted from the I Ching of 5000 years ago. The I Ching is also the source of most of todays personality profiling such as DISC, Myers Briggs and Selector through Carl Jung.
These modern day adaptations can be traced back to Carl Jung and his book “Personality Types”. Carl Jung believed that we have inherent traits that we are born to. During the 1920’s, Carl Jung met Richard Wilhelm who had spent 20 years of his life in China. Wilhelm had dedicated a great number of these years to translating ancient Chinese philosophies into German resulting in two very important translations, “I Ching: Book of Changes” and “The Secret of the Golden Flower”. Jung realized the great significance of the works recognizing that the I Ching gave him the differentiation tool to understand the DNA of the human psyche. The 64 hexagrams of the I Ching have since been shown to have a correlation to the 64 codons (the building blocks) found in DNA.
The philosophy behind this code, is based on the Taiji – the perpetual interplay of Yin and Yang/ Night and Day/ Male and Female. The universe was seen as a constant flux, and we have the opportunity to live in resonance with this flux by understanding it, or to be in constant battle against it. (Much as a great surfer picks the right wave not by riding the wave, but by reading the ocean.) When we live in resonance with it, we are in the zone. Consider Michael Jordan…, success didn’t come from shooting hoops, success came from getting in the zone. When you are in the zone or flow, you move forward effortlessly.
Wealth profiling is a tool based on these ancient philosophies which helps us to identify and live in our “zone”. Where the study of this profiling takes on a profound role is in the understanding of the energy frequencies and seasons which we can harness to amplify attraction and to build our wealth systematically. (Wealth here is defined as the power to both create and contribute value).
From : www.wealthdynamics.org