The $7 Million 7 Years Wealth System

Putting in place a plan to grow your business is smart … and, necessary. Especially, if you are going to have to find ways to grow by 50%+ per annum! But, many of these activities take capital: money to buy advertising, money to create and test new products, money to franchise and / or open […]

There are whole lot of steps between writing your elevator pitch and actually running a profitable business, and there are plenty of books and other resources to guide you through the business startup process. Two of my favorite such books are: 1. For the ‘bootstrapped’ (online) startup: The Art of The Start by Guy Kawasaki, and […]

You can’t escape the laws of physics. One of the most important – and useful – laws of physics is Newton’s Third Law: Unfortunately, so it is with finance: “for every action there is an opposing action” … unlike physics, fortunately, these ‘opposite actions’ can at least be partially controlled: Note: You need to be […]

Read personal finance books and you’ll come to believe that the secret of wealth is in the so-called ‘power of leverage’. And, they are right! But, only partly … You see, leverage is usually equated to financial leverage, the kind of leverage that lets you purchase a $100,000 house with $5,000 down. But, there’s so […]

Q: According to the $7 Million Dollar Formula (KLE82), when are you Wealthy? A: When your Capital – converted to cash – equals your Number. Now, when you reach your Number, you don’t actually need to convert your Capital to cash – but, you do need to have the option! By now, you should understand […]

Q: When is Capital Eco-Friendly? A: When it is green! Capital is ‘green’ when it is: a) Cash – e.g. the good ol’ American ‘green-back’, and b) Recycled – when the Cash that you have available is reused. First, why do most people fail financially? It’s usually because they: Note: You need to be a […]

Even if you use ALL of your available Capital (including, partnering with the 3F’s), you won’t be anywhere near where you need to be in terms of acquiring sufficient Capital to reach your Number. So, you need to find another source of capital, a virtually unlimited source … Note: You need to be a Premium […]

One of the secrets to financial success is to grow your capital – indeed, it’s one of the key ingredients in the $7 Million Dollar Formula (KLE82). That’s why ‘capital accumulation’ strategies such as Conservation, Reinvestment, or Concentration (KLE83) are so important. But, there are other, even more powerful methods available … Note: You need […]

What use is a ‘magic formula’? Well, nothing and everything! Nothing – if you don’t do anything with it, a formula is a meaningless, artificial construct. Everything – if you actually use it to understand – then make – something concrete. In this case money; more specifically, your Number. So, how do you use such […]

By now, you’ve established that you can’t save your way to wealth; the Growth Engines in the ‘saving’ category simply don’t produce enough ‘grunt’ – i.e. a large enough Annual Compound Growth Rate – to get you to your Number quickly enough: Note: You need to be a Premium Member to view this content: Task […]