The 9 Steps to Wealth, Part 1

September 24, 2008 by Mark T. Rafter · Leave a Comment 

J. Paul Getty was asked if he had a formula for getting rich.  His reply?

“Get up early, work hard, and find oil.”

I am going to assume that most readers are not in the oil business, and, even if you were, oil is getting pretty hard to find (yes, I watch the news too).  So, now what?  In my book, The Wealth Manifesto, I have 14 principles of wealth that are both philosophical (how to think) and practical (how to act) that will move you along on the path towards wealth, from surviving to thriving.  As I have started teaching the material more and more, I have narrowed it down - from an implementation perspective - to 9 steps.  I am going to talk about the first 3 here and in two subsequent blog posts, I will cover the rest of the steps to not only be rich but get rich.

Without having to find oil.

Step 1 - Understanding the True Nature of Wealth

This either takes an hour or a minute to explain (let’s go with the latter for now).  The bottom line is that a) Read more