Tuesday, November 21, 2006

Wealth is a Team Sport

My coach used to say that Wealth is a Team Sport. (Today, she calls it Team Made Millionaires). You need help from some smart people to acquire wealth. You need a lawyer, a CPA, a Financial Planner, a maid, a coach, peers, and a mentor.

A maid?! Yeah. Loral used to say that if you still clean your own house, you don't understand the value of your time. Time Management & Delegation are the keys to success. If you value your time at $175 per hour, why are you doing tasks that someone you pay $10 per hour can (and should) do?? Most people basically trade time for money. You cannot get more time, so use it wisely to maximize revenue. Your time needs to be filled with RGA.

No comments: