How to Build Wealth on a Solid Foundation

  • “the deeper the foundation, the higher the building is likely to be.”
  • The answer is not far-fetched. Many people acquired wealth wrongly. They lack the required insights and nuggets that can ensure a lasting and enduring wealth.
  • Take it or leave it, those who steal to get rich are not wise but foolish. "Real winners never cheat, cheaters never win," says a Chinese adage.

As a foundation is important to the creation of a building so also it is to the building of wealth anywhere in the world. Those who are into business don’t handle foundation with levity. An engineer friend of mine once told me when I was executing a project that I must be prepared to spend some funds on the foundation if I don’t want the building to give me unavoidable headache of cracking later. It was from him that I understand that statement: “the deeper the foundation, the higher the building is likely to be.”

To determine whether a building will last just study and evaluate how much effort is expended on constructing the foundation. However, if the foundation is faculty, what will the righteous do? When a lame man carries a load and it appears bent on top, they say, don’t blame him by mere looking at the top but check below. The fault is down not at the top. Most people look at a deformed individual without watching the foundation.

Foundation is everything when it comes to lasting wealth. There can be no financial heritage without building the right foundation for such. I have been privileged to witness the ups and downs of the business world. I have met with the so called rich and wealthy individuals of yesteryears whose presence at ceremony will change the music tempo no matter how close or otherwise they were to the celebrants. Most musicians will have to focus their side all in the name of cash that will be raining like a body under faulty shower.

Imagine the uncountable tons of brand – new naira notes (untouched) that has gone to the cooler without any positive impact Wasted and gone forever. Some of those money – sprayers are alive today but long dead financially. If you must make a mistake, avoid financial mistakes of any kind. Never mess-up yourself financially I kept wondering why those strikingly rich men and women of yesteryears now beg to survive. They are left with their own shadows, why?

The answer is not far-fetched. Many people acquired wealth wrongly. They lack the required insights and nuggets that can ensure a lasting and enduring wealth.

Welcome to “Financial Heritage” count yourself extremely lucky to have this newspaper. This column shall help you develop the right insights for wealth creation and financial legacy. Do you desire money with peace of mind? Financial Heritage promises you balanced recipe that will empower all and sundry financially.

Building Wealth on wrong foundation has been responsible for the stories of woe and financial disasters experienced by many people in our society. You can build a lasting wealth if you start on the right foundation. Equally, if you adhere to some of the ancient -long wealth creation insights that I’ve prepared for your digest.

Henry Ford was asked in an interview: What will be his fate if he should wake up one day to discover that all his fortunes are gone. His response was a great surprise to all and sundry. Ford said he will start all over again and in less time all the lost fortunes will return almost double like the experience of job in the Holy Bible. What is the secret? Henry said: if you remove my wealth; you can’t remove the insights used in acquiring that wealth. I’ll only need to repeat the knowledge used before and get the same result. Whoa! That is what financial heritage is all about your financial intelligent or financial education is one of the best forms of education you must strive to have if you desire a lasting wealth. Really, Henry Ford was never afraid of bad times because of his financial heritage.

Look, to start a business that will not fail or died prematurely, you need wealth insights also known as business sense to create wealth without sorrow; you must possess the fear of God which is the beginning of wisdom. To be rich with clean hands, you must have a complete clear understanding of the principles of money making. To be wealth and multiply without measure or melt – down, you must acquire deeper knowledge of viable things that generates or attracts wealth no matter the economic conditions of the world. It takes a deeper knowledge and concrete financial heritage not to experience any economic melt – down.

A businessman with wealth insight will act

in opposite direction when it comes to investment, trading or manufacturing. See Aliko Dangote who kept establishing various manufacturing industries despite complaints of “high cost of production” by other colleagues of his in the same sector Dangote is forging ahead based on wealth creation insight that sees beyond on the present predicaments.

Imaging several investors is now scared of buying shares or investing in the stock exchange market because of the sharp drop in prices of share. Whereas, an investor with right wealth insight will understand vividly that the best time to buy shares or invest is when everybody is selling. Whereas, hottest and best time to sell is when everyone is buying. That simple understanding made warren Buffet to be one of the richest investors in the world today. Insight of any kind can carry you far than imagined.

If you desire financial success in life, make a deeper research about things that are mindful of.

What do you understand about wealth creation? Is it by looting the treasury that you assume your wealth will grow and outlast you? Oh! You’ve got it wrong! That will tantamount to building wealth on a wrong foundation. Corruption does not build wealth instead it destroys. It is like sleeping with fire inside the roof of a house. Sooner or later, such a building will get burnt to ashes. Take it or leave it, those who steal to get rich are not wise but foolish. “Real winners never cheat, cheaters never win,” says a Chinese adage.

No financial heritage is possible with Corruption or stealing. Those with the right insights will never steal to build their wealth or financial heritage because, they are aware of the future implications of such actions and deeds.

Do you desire to build your wealth on the right foundation? If so, come along with me as I take you through various lessons of personal financial development and wealth creation insights and secrets.

By the grace of God, those teaching will land every ardent reader of this column in the city of lasting wealth without bitterness.

Meanwhile, you can make your comments, remarks and enquiries on wealth creation business success, investments and personal finance.

For your business or investment advice, get in touch with me. In addition, a free copy of my publication: “How to Attain Financial Success” which is available on request. 08130300857 Email:

Smart Oyejide

Smart Oyedotun Oyejide is a multi-gifted writer, motivational speaker, best-selling author and business consultant. He is a fellow of the British society of Commerce (FBSC) and full member, Institute of Management Consultants (MIMC). He is the CEO of Unlimited Wealth Solutions

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