Systematic Wealth Chapter 4

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  • 1. Systematic Wealth Chapter 4 The Holistic Age of Renaissance Professionalism
      • By Peter Nguyen
      • CEO & co-founder
      • Talentelle
      • [email_address]
      • www.talentelle.com
      • Workshop creator
      • www.businessmodelworkout.blogspot.com
  • 2. You must decide as soon as possible what will do the hard work in your life: YOU or your SYSTEM
  • 3. Most people believe they have to do the hard work. Rich people, however, believe their system has to do the hard work.
  • 4. Not only do they have a system that creates value and wealth for themselves (even while they're sleeping), they also think systematically and act systematically.
  • 5. Billionaire Charlie Munger has his own intellectual system which he calls his “lattice of mental models.” It's a system he improves continually in order to make the best decisions.
  • 6. Bill Gates has his own system, but goes further: he uses early customer feedback to improve his marketing and product development system.
  • 7. S.Y.S.T.E.M. stands for Save Your Self Time, Energy and Money. Without a system, you waste your time, your energy and your money.
  • 8. Only by designing and refining a wealth creation system can a person become truly wealthy and realize financial freedom.
  • 9. Harv T. Eker, author of the best-selling book Secrets of the Millionaire Mind, talks about passive income. Those two words capture a concept that can make you immensely rich.
  • 10. But why haven't we learned about passive income at school or university?
  • 11. It's because the educational system was designed to produce obedient employees, not innovative entrepreneurs.
  • 12. On top of that, our social and cultural environment are composed mostly of employees. So naturally, “working for a company” is adopted by the overwhelming majority of people as the only economic option.
  • 13. Our (mostly subconscious) fear of being different from other people drives us to think like other people. As a result, we fail to actualize our true economic potential as unique and creative individuals.
  • 14. As unique and creative individuals, we CAN create innovative wealth creation systems that work for us. We all have perfectly functioning brains. There's no reason why we can't become millionaires.
  • 15. Buckminster Fuller wrote that we are born geniuses. Society then degeniuses us. Concretely, this means society robs us of millions of dollars, perhaps even billions of dollars.
  • 16. Society, through its mass institutions (the educational system, the corporate employment system, mass advertising, organized religion and the mass media) treats people not as persons but as faceless entities to be processed efficiently.
  • 17. As an inevitable consequence, we are led (that is, culturally conditioned) to believe that we are just like everybody else. We are not special. We are just ordinary citizens and unremarkable, passive consumers to be satisfied.
  • 18. Not only do we, as unique and creative individuals, lose millions of dollars in unrealized economic or entrepreneurial potential, we also lose sight of our unique and special talents.
  • 19. Talents that we had as kids but somehow have abandoned along the way in order to conform to the demands of an industrial society. A mechanical society that requires skilled and analytical left-brain workers, not passionate and talented right-brain workers.
  • 20. A working society that requires neither passion nor humanity. A working society where human beings cannot flourish and actualize the full range of their vast potential.
  • 21. Fortunately, thanks to a globalized economy where competition is now coming from countries such as China and India, we will be forced to become passionate and creative individuals.
  • 22. We will become passionate and creative individuals not only to save our careers, but to discover and tap into our infinite reservoir of human creativity and ingenuity.
  • 23. The Holistic Age of the Renaissance Professional (HARP) has only begun.
  • 24. It's an era where true professionals, awakened to the vast potential that lies within their heart and soul, will take control of their economic destinies.
  • 25. They will unleash wave upon wave of innovation and will amaze the world with their quasi-infinite capacity for innovation.
  • 26. They will market their professional services and products to the entire world, via the Internet. They will become Web-leveraged, economically sovereign talents capable of impacting the lives of thousands, if not millions of people.
  • 27. And they will be compensated in cash or in kind or in enhanced social status by thousands, if not millions of people who benefit from their solutions.
  • 28. When millions of people finally understand that the key to wealth is to develop one's talent and to use the Web to share the products of that talent to a limitless worldwide market, a second Renaissance will begin.
  • 29. This second Renaissance will be marked not only by the revival of intellect, but more importantly by the awakening of the heart and soul of mankind.
  • 30.
    • To read the following chapters of this book, titled “Systematic Wealth”, please write to me at [email_address] while mentioning “chapter 5” in your email.
    • Good luck in all your endeavours!