By Roger Hamilton
Wealth Dynamics isn't just one route to wealth production, yet each course - of which your direction is one. This ebook is ready your lifestyles. it truly is approximately your legacy.
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Extra resources for An Entrepreneur Guide to Finding Your Flow; Your Life Your Legacy
TIMING On the other hand, while Bill Gates has amassed a $51 billion fortune innovating at the cutting edge, Warren Buffett has grown a $40 billion fortune without creating anything high tech at all. 36 The opposite of ]high-frequency, intuitive thinking^ is ]low-frequency, sensory thinking^. While intuitive thinkers create value by having their head in the clouds, sensory thinkers create value by having their ear to the ground. Sensory thinkers do not need to create anything new because they have an innate sense of timing.
Similarly, money will always flow where there is a value differential, and always from high value to low value. Imagine I decide to sell my watch for $1,000. That means I don^t value it as much as $1,000. You decide to buy it for $1,000. That means you value it more than the money. As a result, your money flows from you to me. You get my watch and I get your money. If a buyer and seller chose a watch of double the value, then $2,000 would have flowed. Double the value and you double the money flow.
Our vendor margins and rep commissions didn^t let us sell at Dell^s prices. The service we promised from our reps we couldn^t control. The reliability from our vendors Y despite them being brand names - we couldn^t guarantee. Meanwhile Harris, based in Austin, kept focused on greater leverage, saying, [The profits will come when we reach critical mass. \ From 1995 to 1997, with money from two successful rounds of funding fueling our growth, we grew to over 10,000 reps selling from the Hand Technologies website.