No Result
View All Result
  • Login
Monday, October 20, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Money

The Most Important Factor in the Pursuit of Wealth

by FeeOnlyNews.com
10 hours ago
in Money
Reading Time: 3 mins read
A A
0
The Most Important Factor in the Pursuit of Wealth
Share on FacebookShare on TwitterShare on LInkedIn


After five years of studying the habits of millionaires, primarily self-made millionaires, I’ve identified the #1 factor to accumulating enormous wealth – pursuing something you are passionate about. It goes by another name – purpose.

When you pursue your main purpose in life, it fills you with passion. That passion acts like fuel. It energizes you to put in the hours and work hard. In my research, self-made millionaires worked an average of 11 more hours a week than the poor.

It’s not that successful people have a greater work ethic. They work harder because they love what they are doing. They’ve found their main purpose in life and when you find your main purpose in life it motivates you to work. You want to work.

But we’re using the wrong word here – work. What you do for a living ceases to be work when you enjoy it. Individuals do not become successful because they are workaholics. They become successful because they no longer “work”.

“But I don’t know what my main purpose in life is,” you say. Well, I have news for you. You do. Everyone has a main purpose. In fact, everyone has the same, identical main purpose. You just don’t know it. So, what is the common main purpose everyone shares?

To improve the lives of others by adding value to their lives.

When what you do for a living inspires others, you are pursuing your main purpose in life.
When you create a product that adds value, you are pursuing your main purpose in life.
When you provide a service that adds value, you are pursuing your main purpose in life.
When what you do for a living helps lift people out of poverty, you are pursuing your main purpose in life.
When what you do for a living helps others become successful in their lives, you are pursuing your main purpose in life.
When what you do for a living makes people happy, you are pursuing your main purpose in life.

When you boil it down to its simplest terms, each person’s main purpose is to add value to the lives of others. When whatever you do adds value, you are pursuing your main purpose. People will happily reward you financially when they perceive what you do for them as adding value to their lives. The more value you add, the more money your make. The more lives you add value to, the more money you make.

The formula for becoming wealthy is really very simple: More Value + More People = More Money

Your job is to figure out what your superpowers are, your strengths, and then figure out a way you can use your superpowers to add value to the lives of as many people as possible.

The money will follow when what you do for a living adds real value to the lives of others.

If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You!



Source link

Tags: FactorImportantpursuitwealth
ShareTweetShare
Previous Post

3 signs you need to take control of your parents’ finances

Next Post

Midwest IPO: How to check share allotment status on BSE and Kfin Technologies as GMP holds steady

Related Posts

Beyond bullion: Smarter ways for Canadians to invest in gold

Beyond bullion: Smarter ways for Canadians to invest in gold

by FeeOnlyNews.com
October 19, 2025
0

Images of people lining up at gold dealers around the world have become common again, and Canada is no exception....

3 signs you need to take control of your parents’ finances

3 signs you need to take control of your parents’ finances

by FeeOnlyNews.com
October 19, 2025
0

These episodes, combined with my mother’s observations about increasing forgetfulness and compulsive behaviours, led us to get him medically tested....

Why Dental Coverage Lapses Are Breaking Senior Budgets

Why Dental Coverage Lapses Are Breaking Senior Budgets

by FeeOnlyNews.com
October 19, 2025
0

Image Source: Shutterstock Dental care is one of the biggest blind spots in retirement planning. Many retirees discover too late...

Can You Take Social Security Early and Still Leave Money for Spouse?

Can You Take Social Security Early and Still Leave Money for Spouse?

by FeeOnlyNews.com
October 19, 2025
0

Image Source: ShutterstockMany couples face a tough question when planning retirement: should one spouse claim Social Security early, or wait...

What State-by-State Differences Should You Know About Medicare Coverage?

What State-by-State Differences Should You Know About Medicare Coverage?

by FeeOnlyNews.com
October 19, 2025
0

Image Source: Shutterstock While Medicare’s core benefits remain the same across the nation, the options, rules, and costs surrounding supplemental...

6 Funeral Pre-Planning Mistakes That Cost Families Thousands

6 Funeral Pre-Planning Mistakes That Cost Families Thousands

by FeeOnlyNews.com
October 19, 2025
0

Image Source: Shutterstock Thinking about funeral planning isn’t pleasant—but skipping it can leave your loved ones with financial stress and...

Next Post
Midwest IPO: How to check share allotment status on BSE and Kfin Technologies as GMP holds steady

Midwest IPO: How to check share allotment status on BSE and Kfin Technologies as GMP holds steady

An Exciting Diagnostics IPO Nobody Is Talking About

An Exciting Diagnostics IPO Nobody Is Talking About

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Links 10/20/2025 | naked capitalism

Links 10/20/2025 | naked capitalism

0
Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger

Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger

0
How to Invest in Real Estate WHILE in College (It’s Possible!)

How to Invest in Real Estate WHILE in College (It’s Possible!)

0
Duncan Hines Brownie Mix, Chewy Fudge only alt=

Duncan Hines Brownie Mix, Chewy Fudge only $0.95 shipped!

0
Crypto’s next chapter with Solana’s Anatoly Yakovenko at Disrupt 2025

Crypto’s next chapter with Solana’s Anatoly Yakovenko at Disrupt 2025

0
US Dollar Surges as Trade Tensions Reignite – Eyes on 99–101 Resistance Zone

US Dollar Surges as Trade Tensions Reignite – Eyes on 99–101 Resistance Zone

0
Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger

Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger

October 20, 2025
Duncan Hines Brownie Mix, Chewy Fudge only alt=

Duncan Hines Brownie Mix, Chewy Fudge only $0.95 shipped!

October 20, 2025
Charging For Estate Planning And Document Prep: Navigating Regulatory Hurdles And Real Pricing Benchmarks From Kitces Research

Charging For Estate Planning And Document Prep: Navigating Regulatory Hurdles And Real Pricing Benchmarks From Kitces Research

October 20, 2025
How to Invest in Real Estate WHILE in College (It’s Possible!)

How to Invest in Real Estate WHILE in College (It’s Possible!)

October 20, 2025
Links 10/20/2025 | naked capitalism

Links 10/20/2025 | naked capitalism

October 20, 2025
Mortgage and refinance interest rates today for October 20, 2025: Weekly rates drop

Mortgage and refinance interest rates today for October 20, 2025: Weekly rates drop

October 20, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger
  • Duncan Hines Brownie Mix, Chewy Fudge only $0.95 shipped!
  • Charging For Estate Planning And Document Prep: Navigating Regulatory Hurdles And Real Pricing Benchmarks From Kitces Research
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.