Preparing for a Successful Financial Future
Simply speaking, most people don’t put much attention on retirement, or planning any kind of exit strategy from their day-to-day employment. Most are too busy, don’t really know what to do about it, or are living under the mis-conception that they are “coming into money” one day. You need to ask yourself how you will replace your active income when you are no longer working. The lack of a strategy and lack of planning for the future will lead to failure. Here are some interesting statistics:
- Poor: $25,000 a year or less
- Middle class: $25,000 to $100,000 a year
- Affluent: $100,000 to $1,000,000 a year
- Rich: $1,000,000 or more a year
The unfortunate reality is that only 1 in 100 Americans will reach the affluent level or higher when they exit the workforce! Knowing this, what can be done? In reality, a retirement/exit strategy is much like a business plan. You take a future date, and outline what you plan to accomplish by that date.
ENSURING YOUR SUCCESS
Upon completion of The Art of Creating Wealth workshop, you will understand the following key steps to financial independence:
- How to Create a Personal Business Plan which solves financial insecurity.
- How to Purchase Residential Real Estate, including everything from locating viable properties…to negotiating the best possible price…to closing.
- Financing and the critical strategies, resources and valuation formulas necessary to ensure profitability.
- Re-Building and Construction and how to create an effective scope of work, efficient project management, quality control, and budget management.
- Property Management and the details necessary for rental management, from attracting the right kind of renters…to everything you need to know for well-organized, cost-effective property management.
- Business Management and Financial Accounting, which breaks the big picture down into manageable day-to-day processes, resources, analysis and supervision of financials.