Most people confuse wealth with money.
While wealth includes money, wealth and money are not the same.
I don’t often write about wealth-building in my weekly Upside Thoughts centered around leadership lessons.
However, I was inspired this month by a conversation I had with Gale West, an expert in this arena, who recently hosted a tele-summit on “Soul Selling Secrets” where I was a guest.
Gale and I spoke about the desire to change the paradigm of success being solely attached to income or money.
We talked about the immense pressure created when an individual’s self-worth gets tangled up into believing they are more or less valuable/valued because of the amount of money they have or don’t have.
We had a delightful chat about the twists and turns of life — and after the call, I thought about how I work with my clients when it comes to wealth-building.
In my year-long leadership coaching program centered around my 7 Pillars of Leadership, my core message focuses on choice and permission to design your destiny.
I’ve written curriculum to highlight the wealth created from both wisdom and relationships – and on coaching calls, I’ve spoken about my personal strategies for building wealth beyond making money.
Wealth gets built from habits that start long before wealth is evident.
First, financial freedom comes from creating the habit of setting aside a certain percentage – or paying yourself – from whatever income you earn.
While it seems more glamorous to speak in terms of “millions”, you can’t get to millions unless you’ve gotten thousands. Hundreds of thousands.
And, you can’t get to hundreds of thousands unless you’ve gotten to tens of thousands.
And, you can’t get to tens of thousands until you’ve figured out how to get to one thousand.
And, you can’t get to $1000 until you figure out how to get to $100.
And, you can’t get to $100 until you figure out how to get to $1.
Second, the experience of wealth grows with a habit of generosity.
Being generous actually improves your wealth and your wealth capacity.
When you give, you feel wealthier – Why and research shows you live a longer, happier life when you’re a regular giver.
And, I also believe it contributes to you being a leader worth following because great leaders understand the value in cultivating leadership in others.
When you’re able to look beyond your own wants and still give, you model mission, purpose, and vision.
Regardless of whether you’re reality is less than $100 or more than $1,000,000, it’s important to have giving be part of your leadership success model.
Now you may believe it’s easier to give when your number is larger, and that is simply a myth.
Regardless of how much money has come in on any given year, I’ve always given away thousands of dollars to organizations that are doing good in the world.
At Design Your Destiny Live, for the past 7 years, I’ve always had a charitable partner.
Whether my business was booming and flush with cash or lean on clients and contracts and large on what I owe creditors, my giving pledge remained intact.
On a personal level, my husband and I have made charitable contributions weekly to local food banks, and our church community over the years.
We also have sought out organizations that are doing something that pulls at our heartstrings and has the ability to create a positive impact.
I share this because wherever you think you are on the wealth continuum, I invite you to look a little closer.
You may be surprised by the overall value of your relationships, health, and knowledge.
When you take what you have in addition to your bank account, you could very well be one of the wealthiest people in your circle – and not even realize it.
When I spend time researching organizations and hearing the stories of those who are struggling in one area or another, I realize how fortunate I am to be where I am at this point in my life despite the many challenges I’ve faced this year.
I have so much.
And, I’m guessing you do, too.
Remember, money has little to do with wealth.
May you continue to be abundant in all areas of your life.
The Upside Challenge of the week is to examine your mindset around wealth.
- How do you feel about your current state of wealth?
- What habits do you want to create to ensure you experience financial freedom?
- And, if you don’t currently have a giving pledge, what commitment would you be willing to make to create more abundance in your life and in the lives of others?
See Upside. Be Upside. Live Upside.
The world needs you and your brilliance.