Knowing Your Style Of Generating Wealth

by Steven Downward in An Entrepreneurs Stories

In the last couple of weeks I was recommended to go check out a self profiling test that shows you how you naturally generate wealth. Now I know that a lot of people don’t like these types of profiling because they categorize people into certain ways of being or acting. But for me, I find them very helpful for learning about myself.

See for myself, I love to learn about anything that helps me to understand who I am and how I work best. By me taking a test like this and seeing what it has to say, I can then choose to either accept what it says or I can reject what it says. It’s really that simple to me.

The test that took was from a site called www.wealthdynamics.com. Here they tell you about the 8 different ways or styles for generating wealth in this world. By knowing what your natural style is you can then make changes to your business or to what you’re doing so that you’ll get the best results for your time.

For me, it’s made a real dramatic difference to how I’m looking at how I operate my business and even how I’m doing things in other areas of my life. Let me explain…

The results came back from the test and it said I was something they call a “Lord”. This was actually a shocker because from watching the video that explains these 8 styles I thought that I was something they call a “Mechanic”. But hey, that’s why I took the test, to better understand myself.

A “Lord” is someone who’s natural style for generating wealth comes for their ability to manage cashflow. Take for example a landlord on a rental property. The landlord normally doesn’t own the property, the banks do, yet they still manage to make money out of it through generating cash and managing it. This is where a “Lord” excels.

In getting back to the story here, after I took this test I had a lot of mixed emotions about the results because I didn’t feel that the test was right. I was that sure I was a “Mechanic”. I actually thought that I was just getting jerked around. But after a few hours of looking at this and doing some much needed self realization, I came to the conclusion that I’m very much a “Lord” by there terms.

I had to look at how I truly think when it comes to business and life. I realized that I’ve always had the tendency of doing things like how a “Lord” would do it. I know that I’ve said to myself (and to Renee) dozens of time that if I was running this business or I had the control of this asset that I could make it more profitable ether in time or money.

I mean seriously. I use to coach someone with their business and all of their financials were a mess. Over the time that I was with them the business grew dramatically but so did all of the expenses. There were thing that we didn’t need or want to be spend money on but the owner wouldn’t take the time to make a phone call to stop it. This cost the business thousands of dollars that could have gone to something more important or turned it into profit for them.

Needless to say, I was doing the things that came easily for me but I didn’t really control the cashflow, I was just looking at it.

So within 24 hours of taking the test, I’ve made the decision to make some very big changes within my business. Things that will have me using my natural skills and abilities the best for generating the most out of my business. It’s also left me thinking about how I can get other people with different natural abilities to help me grow my business.

Just some food for thought here on something that I feel has really changed the way that my business will operate from this point on. This is what I feel everyone should do. Look at themselves and their business and find ways that they can do more with it. What can they change or add that will give their business more results.

Talk later.

Steven Downward
A Traveling Entrepeneur

PS: I just wanted to mention that you might want to take the test yourself. I know that just within the last couple of days since I took the test, my whole outlook towards business and wealth has really changed. I now see what direction I need to go in to have things flow and for things to be fun. You might want to check it out for yourself.