The Full Potential philosophy is meant to help people operate at the best perspective in any given situation. It is about options. It is about empowerment. Empowerment feels good. So does investing life resources in what we truly value. If everyone was living at this level - life would be bliss.

1. Full Potential Show Episode 7:
Two Keys to Creating Greater Wealth
Hello, and welcome to the Full Potential Show. I’m James Rick. This is your
number one, non-boring source for personal development. Today we’re going
to talk about how to create more wealth in your life. I’ve got 2 key strategies
for you for creating greater wealth in your life.
But first, let’s define wealth. Is wealth gobs of money? Riches beyond your wildest dreams? A
harem of beautiful, naked women waiting by the poolside? Or naked men? Whatever? Is that
wealth? No, that’s riches…that’s money. Wealth is about freedom, it’s about lifestyle, it’s about
options, it’s about empowerment. Can you be wealthy and rich? Yes. Could you be poor and
wealthy? Hmmm…possibly.
There is a certain amount of money that is required in order to be wealthy, and that is what
we’re going to talk about today in more of a financial sense so that you can create wealth in
other areas of your life. Because, you know what? It’s hard to be physically wealthy. You know,
physically fit and healthy. Or to be mentally wealthy - which is at peace or without stress. Or
spiritually wealthy - which is having the ability to focus and meditate on a higher power when
you can’t pay the bills, when there’re leaks in the roof, when the creditors are threatening to
take over your home. It’s hard to do those things. Financial wealth is really going to, as you
already know, make your life better in so many other areas. But I wanted to point out that it’s
not just about the money. Wealth is really about freedom, options and empowerment in many
other areas of your life. That is going to be the trickle-down effect of being financially wealthy.
Full Potential Show Episode 7 Transcript
Two Keys to Creating Greater Wealth
www.fullpotential.com

2. Now, let’s talk about what are those 2 key strategies? I know that you’re sitting on the edge of
your seat right now because I’m about to share with you some principles that are going to
change your life forever. Two things, this is the secret to wealth, are you ready?
One: Frugality… Hating waste… Wasting not.
Sam Walton, the founder of Walmart, the richest corporation in the world right now, was fond
of saying, that “through controlling your expenses, you will always find a competitive
advantage.” Benjamin Franklin, in Poor Richard’s Almanac, almost 200 years old, yes, not
Benjamin Franklin, the almanac. Benjamin Franklin is gone now, he can’t live to be 200 years
old even though he was a very smart man . Benjamin Franklin also was very adamant about
not wasting. We’re going to talk about some ways in the next episode to be frugal and to live a
lifestyle that doesn’t mean living like a cheap ass, but it does mean preserving your resources so
that you can do the second strategy that I’m about to talk about and that is leverage.
Two: Having more leverage in your life, both in the form of
the finances that you’re able to preserve through living frugal, but
then also, what you’re able to invest those resources into to
create greater and greater leverage in your life.
This is it. These are the secrets to living a wealthier life. You know what? So many people fall
down and fail on the first one that they never even get to the second one.
Instant gratification and lack of discipline are the two biggest reasons why people fail. The third
reason is ego. You know, I have a saying that I’m fond of repeating – “The ego is an expensive
thing to maintain.” It’s the most expensive thing that you’ll ever own. If you’re not being frugal,
it’s for one of these three reasons. You want instant gratification. You want to show off what
you have when you don’t even have it… nice clothes, nice house, nice cars. Or you’re just
lacking the discipline to be frugal. If you want to be wealthy, you’re going to need to knock out
those three things in order to preserve your capital so that you can invest it into leverage.
That’s it for this show. I just wanted to whet your appetite a little bit about being frugal and
creating more leverage in your life. In the next episode, we’re going to talk about how you can
do some of these things to create greater and greater wealth that is going to change your life
forever in every way. I’m James Rick, this is the Full Potential Show. Do you remember the two
things that we just talked about that are going to change your life forever and create more
Full Potential Show Episode 7 Transcript
Two Keys to Creating Greater Wealth
www.fullpotential.com

3. wealth and abundance than you ever thought possible? Write those down, think about ways
that you can apply those in your own life and in the next episode, we’re going to talk more
specifically about how you can do these things and really make a difference in your life and in
the lives of so many people that you’re going to touch. I’ll see you on the next episode of Full
Potential, your number one, non-boring source for personal development.
About Full Potential:
The Full Potential philosophy is meant to help people operate at the best perspective in any given
situation. It is about options. It is about empowerment. Empowerment feels good. So does investing life
resources in what we truly value. If everyone was living at this level – life would be bliss. To find out
more, visit: www.fullpotential.com.
About James Rick:
James Rick, also known as “Mr. Full Potential,” is host of the Full Potential Show, Founder of Full
Potential Academy, and author of “Unleash Your Full Potential”. James Rick started his first business at
the age of 17, currently employs more than 150 staff around the world, and his businesses have
generated more than $5 million in revenues over the last 36 months.
Full Potential Show Episode 7 Transcript
Two Keys to Creating Greater Wealth
www.fullpotential.com