This past Friday night, I recorded an audio letter for the current attendees of my upcoming webinar entitled Your Business, Your Taxes, Your Wealth as I wanted to do something different. While the webinar purpose is to show how you can stabilize and even grow your business through effective tax and accounting strategies I realized that what first has to happen is a total mindset "shift" on how we currently think about building wealth. If we don't have a proactive approach to building wealth, non of the strategies will truly work for your business. Below is an excerpt of the actual email blast and transcript of the audio letter I emailed out. This first part first examines the Mindset of wealth vs. money. The rest of the letter explore Wealth in relation to our businesses and is intended to challenge your thoughts and beliefs. I would love for you to listen to it in it's entirety as well! Register for the webinar to receive the entire letter. This webinar is turning to be something very special and I'd love to have your participation!

As always,

Be empowered!
-Katrina

Challenging your current Mindset regarding "WEALTH and Money"


I want to challenge your current idea of Wealth and money by offering that they are not the same thing. Where money is a tool used to exchange servicesor goods or a way we move wealth around, idea of wealth is asintangible as love and hate. It involves our perception of life and in essence the freedom we desireto have within our lives. For many of us that includes possessions thatmake living life easier (a workable car, a nice clean home, ability totravel, good health, healthy children, technology, the internet, ipods,etc) Wealth can take different forms for different people example,Some sections of this country and other countries create entire -microeconomies by living off a barter system. People simply barter wealthwith each other and don’t use money. They live what they perceive astotally wealthy lives and are able to pass that wealth down to theirchildren.

Alone money isn’t valuable. Money is only valuable when it can be attached
tosomething that is perceived to be valuable to the other person. Moneymakes it easy to trade wealth as it creates a even playing field toexchange wealth - If I need surgery, I cannot offer a doctor something Ifind wealthy in exchange for his work, but if I gave him money, thatwas equal in value, he could take that money and exchange it forsomething he finds valuable and wealthy for him (a Bentley perhaps? )Because we can trade wealth by using money we begin to define wealth asbeing able to make as much money as possible.

Why do some businesses succeed and others fail ? How are some of us able to
create $100 mill corporations, and live a life of “wealth” that we pass on to our children. How is that making money is very easy to do but keeping it and using it in a way to build wealth is very difficult for some?

Want to see section 2 : "Your are NOT in Business to Make money" Register here!
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