WealthTalk - money, wealth and personal finance.

On episode 005 Kevin and Christian discussed the importance of thinking like an entrepreneur when it comes to building wealth. In this episode they share their favourite online tool, Wealth Dynamics, which you can use to uncover your natural entrepreneur profile type and learn for yourself what activities you should be focusing on more in order to get into your natural state of flow: a state where tasks come easiest to you, and where you can deliver greatest value to others.In this episode of WealthTalk, Christian and Kevin discuss:What is the Wealth Dynamics Assessment and how can it help you to become more valuable to the team around youThe 4 different entrepreneurial energy’s - Dynamo / Blaze / Tempo / SteelThe importance of creating the right balance within a team so that each person is given responsibility for the tasks they are most naturally suited to [which is not always the case!]How Wealth Dynamics can be used to identify your weak spots and then connect with others who love doing the things which you don’t enjoy so much, developing your entrepreneurial teamTAKE THE WEALTH DYNAMICS TEST HERELinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

In order to build true wealth it is going to be necessary to think like an entrepreneur, in other words looking at ways to add or create value. Kevin and Christian look at the difference between an Entrepreneur vs an Intrepreneur and some of the different mindset characteristics between employees vs business ownersIn this episode of WealthTalk, Christian and Kevin discuss:How to calculate your hourly rate if you are an employee and understand the current value of your IPWhy relying solely on one stream of revenue from your employer is arguably one of the riskiest positions to be inIt’s never been easier to follow the path of someone else who has been successful in the area you want to learn more about, and to find your own mentor to guide youJust because you own a business does not necessarily mean that you are an entrepreneurLinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

If wealth can only be achieved through assets, then what exactly is the definition of an asset? Today Kevin and Chris talk about the Foundation, and share a process called D.E.B.I.T.S which anybody can take a closer look at and make some changes to reveal some extra cash in their lives instantly. In this episode of WealthTalk, Christian and Kevin discuss:The two types of income: work income and asset incomeYou cannot be wealthy without being in the wealth managementbusiness, which you can delegateHow to reveal additional cash in your life without penny-pinchingHow to eliminate debt fastThe importance of making sure that a portion of your monthlyoutgoings are being directed towards building your wealthA strategy for getting your wealth-building education for freeUsing a low cost tracker fund is one of the simplest assets to beginaccumulating wealthDebt Free Day - the day of the year in which employed people have towork until before they start to earn income after paying tax Hiddencosts and charges which can eat into your wealthLinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk

Wealth is about an overlay of different freedoms, and when you truly connect with your reason ‘why’ it can become a catalyst which will drive you forwards to achieving the lifestyle that you truly desire. Kevin and Chris also talk through the 5 Levels of Wealth and the characteristics of each level.In this episode of WealthTalk, Christian and Kevin discuss:Kevin Whelan’s definition of wealthThe 6 different entrepreneurial freedomsThe 5 Levels of Wealth and how to understand which level you arecurrently atWhy contribution becomes the focus as you reach financial abundanceand beyondThe legacy that Kevin wishes to leave behind for future generationsto enjoy and benefit fromThe hard work and energy that goes into building wealth always comesat the beginning as you try to create the initial momentum, but get’seasier as you progress up the wealth levelsLinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk

The harsh reality as to why so many people who aspire to become financially independent is because they allow themselves to ‘drift’ through life with no solid plan on how they will reach their financial goals. Then there are the people who have a plan but choose to try and do everything themselves (The DIY’ers). Kevin believes that they key to building real wealth is to become a ‘Dynamic’.In this episode of WealthTalk, Christian and Kevin discuss:How to identify whether you fit into the 5% of people who becomewealthy, or the 95% who don’tHow you can become completely financially independent within 5 yearsif you focusWhy you must take responsibility and action for building your wealthBuilding wealth with others is so much more of an enjoyableexperienceThe concept of ‘ROI’, and the 4 different ROI’s to be aware of as aWealthBuilderThe importance of finding your natural flow as an entrepreneurLinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk

Meet your hosts Kevin Whelan, Founder of WealthBuilders and Christian Rodwell, Membership Director. Understand the reason ‘why’ behind WealthBuilders’ goal to provide easy to understand step by step process that anybody can follow for building true wealth. In this, the first ever episode of WealthTalk, Christian and Kevin discuss:How to generate multiple streams of income from assets withoutrelying on any one area which is extremely riskyWhy you must focus on creating assets to build you wealth, and thatthere are only 7 ways to build wealthThe 3 cornerstones of the wealth-building process: education, supportand connectionsWhy 95% of the population never even reach a place of financialsecurity because, in part, to a lack of wealth educationIn order to create wealth you need to think like an entrepreneurLinks and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk