Creating wealth

Roger Hamilton’s Wealth Dynamics

http://www.learningdesign.co.za

What do you want in life?

DO YOU WANT TO… be wealthy?

… realise your potential?… live a life of purpose?

… leave a legacy?

Then how do you go about it?

What will you do with more than enough?

The more money you have, the more ways you have to

lose it!

THE WEALTH PARADOX

What happened to all the money you made in your life?

What is wealth?

Wealth is what’s left when you lose all your money

Wealth is flow

Attracting butterflies

Do you run around with a net, or do you make a garden?

Attract more by moving around less

“Be still like a mountain

and flow like a great

river.” Lao Tse

Where do you go digging?

What will you get if you dig in your back yard?

Find a river

Weren’t they just LUCKY?

Synchronicity: as your flow grows, your luck grows

Creating wealth is about creating luckInvest your time right and become luckier

and luckier as a result!

“Everything in life is luck.” Donald Trump

LocationUnderstandingConnectionsKnowledge

Location

Who chooses where you spend your time every day?

Where do you choose to spend your time?If you want to play soccer, are you on the

pitch?

Understanding

Do you know why you are there?Are you a spectator, or a player?Luck comes from playing the game, not

watching it.

Connections

Are there other people around?Are you getting opportunities?Opportunities come as a result of the

connections you have built.

Knowledge

Do you know what to do with your opportunity?

Knowing what to do comes from playing the game!

The sooner you choose your game, the sooner your luck begins to flow.

So, what is flow?

When you play your natural game, you attract others who play the same game

Then you start to encounter seven phenomena of flow

These phenomena of flow accelerate you!

ONE: Critical Moments

When the game is won or lostInstinct and anticipationHow do we increase the number of critical

moments in our game?Play the right come, consistently!

“I never get the accountants in before I start up a business. It’s done on gut feeling.” Richard Branson

TWO: Learning Cycles

Increase your rate of failureLearning cycles build on each otherIncrease the number of learning cyclesPlay the same game!

“Experience isn’t interesting till it begins to repeat itself. In fact, till it does that, it hardly is experience.” Elizabeth Bowen

THREE: Failing Forward

Failure that sinks usFailure that steers usMaximise the failures that steer youAvoid the failures that sink youDon’t switch games all the time!

“Success is the ability to go from one failure to another with no loss of enthusiasm.” Winston Churchill

FOUR: Opportunities

Outbound opportunitiesInbound opportunitiesAttract better inbound opportunities.How?Play the same game!

“Business opportunities are like buses; there’s always another one coming.” Richard Branson

FIVE: The Strength of Certainty

Success depends as much on what you say NO to.

Clarity about the game you’re playing

“It is as important to figure out what you’re not going to do as it is to know what you are going to do.” Michael Dell

SIX: The Power of Perseverance

Continue playing the gameExit strategies are for passengers“Pilots don’t quit, they’re too busy having

fun flying.”Passion and purposeWhen you play your natural game, you

won’t quit.

“You can never quit. Winners never quit and quitters never win.” Ted Turner

SEVEN: The Magic of Momentum

Momentum is group flow.Sustained flowObstacles disappear,Decisions are made with certainty.Wealth comes quickly when personal flow

resonates with the flow of the market.

“When you’re that successful, things have a momentum, and at a certain point you can’t really tell whether you have created the momentum or if it is creating you.” Annie Lennox

The wealth equation

WEALTH = VALUE X LEVERAGEValue is the depth of the flowValue flows from high to lowLeverage is the width of the flowValue determines speed of flowLeverage determines volume of flow

VALUE LEVERAGEX

INNOVATION TIMING MAGNIFY MULTIPLY

What’s your game?

Wealth Profiles

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“The men who have succeeded are men who have chosen one line and stuck to it.” Andrew Carnegie

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Creator

• Build a team around yourself to support and execute the right ideas and plans

• Maximise the time you invest on dreaming up and creating new ideas, products and strategies

• Identify and build product niches that you can dominate

• Own the product rights of whatever you and your team have created

• Multiply reach and production through distribution and mass production and magnify brand through marketing partnerships

• Cash flow comes from royalties, license fees, company profits, equity sales

Star

• Define the area where you contribute most – niche and market. Build your brand!

• Define and refine your identity and deliver against it. Vanity rules!

• Build your exposure, crystallise your brand, and fine tune your talents to fit your brand

• Make sure you create ownership of your identity.

• Be ruthless about how you use your time – be scarce.

• Negotiate your returns upfront – commissions, signing fees, license fees, endorsements

Supporter

• Build a reputation and network around your area of greatest passion.

• Spend time with actual and prospective wealth creators and be clear how you can add most value.

• Build and nurture relationships with wealth creators and network, including your team players: trust and commitment

• Own the relationships – it is about trust and reliability.

• Magnify your time, knowledge and resource base through a competent and loyal team.

• Secure cash flow linked to the success of the wealth creator.

Deal Maker

• Build relationships to both support your deals and provide you with resources to make deals happen

• Maximise time invested in picking deals, finding the right people and managing negotiations

• Build a team to seek and attract the best deals, and develop your negotiation skills.

• Control the deal – own relationships on both sides of the deal.

• Leverage other people’s and eventually your own credibility.

• Determine cash flow in advance: cash flow must come from the deal itself, i.e. front end commission, back end commission, auxiliary fees.

Trader

• Choose you market, build a support network, and fine tune your trading skills

• Maximise time invested on analysing opportunities, trends and differential asset values

• Build your access to information and your depth of market knowledge, as well as your sense of timing.

• Own the timing in buying and selling the trades.

• Multiply your trades and then magnify the size of each trade and the resource base.

• Make money from the spread – first control buying and selling and then raise capital to finance the deals.

Accumulator

• Find advocates who will network for you: financiers and peers, supporters for the team and mechanics to build the systems.

• Maximise time invested on developing selection system for appreciating assets

• Develop your market knowledge and understanding of financing and refinancing assets

• Own the purchasing decision process and the rights of the asset

• Build your performance history by selecting right purchases and financing

• Create fund or investment company, and refinance assets as they appreciate

Lord

• Find the right supporter to be your networking front man for opportunities and a deal maker to seek best cash flow streams

• Invest time on selecting and financing assets that will generate the cash flow you want

• Build your know-how of the financing industry and your understanding of the supply and demand dynamics of your assets

• Own the right to the cash flow that is generated from the asset

• Multiply your assets through leasing system

• Control the amount you are charging

Mechanic

• Pick your wealth network carefully: those who have created products/businesses, and those connecting you to your markets

• Maximise time invested on innovating and perfecting systems and processes

• Document systems and processes and checks and measures

• Own the systems you create• Leverage through a system of your own

creation: franchise, license, etc.• Ensure you have the right franchise,

license or distribution agreements in place

What is your profile?

Discover your wealth profileExplore your strengths and weaknessesExplore and follow your optimal strategy:

1. Building your wealth foundation2. Your moment of wealth creation3. Value creation4. Value ownership5. Leverage6. Secure cash flow

The MOVE Creating Wealth workshop

Explore the profiles and discover your own through a highly interactive conversational experience

Design your optimal Wealth Creation strategy

The discovery and design processes are also networking opportunities !

MOVE Learninghttp://www.learningdesign.co.zainfo@learningdesign.co.za