No Result
View All Result
  • Login
Wednesday, February 4, 2026
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
4 months 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

China Q3 GDP growth slows to 4.8% y/y, in line with forecast

Related Posts

9 Reasons More Than Half of Americans Are Terrified of Their Emergency Savings

9 Reasons More Than Half of Americans Are Terrified of Their Emergency Savings

by FeeOnlyNews.com
February 3, 2026
0

Emergency funds sound comforting in theory, but they can feel scary in real life. Many people look at their emergency...

6 Shared Expense Arrangements That Rarely Stay Fair

6 Shared Expense Arrangements That Rarely Stay Fair

by FeeOnlyNews.com
February 3, 2026
0

Splitting costs with someone else sounds simple until real life starts shifting under your feet. One person gets a raise,...

As a CPA, I Thought I Knew Social Security — Until I Retired. Here Are 5 Costly Blunders Even the Experts Make.

As a CPA, I Thought I Knew Social Security — Until I Retired. Here Are 5 Costly Blunders Even the Experts Make.

by FeeOnlyNews.com
February 3, 2026
0

I’m a CPA and personal finance writer with more than 30 years of experience, which includes writing dozens of articles...

6 Estate Planning Shortcuts That Backfire During Health Crises

6 Estate Planning Shortcuts That Backfire During Health Crises

by FeeOnlyNews.com
February 3, 2026
0

Estate planning is often sold as a way to handle death, but its most critical function is actually handling life—specifically,...

The “Stealth Tax” That’s Quietly Saving Social Security (and Costing You Thousands)

The “Stealth Tax” That’s Quietly Saving Social Security (and Costing You Thousands)

by FeeOnlyNews.com
February 3, 2026
0

While politicians love to get in front of cameras and argue about “saving” Social Security, there’s a quiet machine running...

6 Meter Changes That Alter Monthly Calculations

6 Meter Changes That Alter Monthly Calculations

by FeeOnlyNews.com
February 3, 2026
0

For decades, the relationship between a homeowner and the utility company was simple: a spinning metal disc on the side...

Next Post
China Q3 GDP growth slows to 4.8% y/y, in line with forecast

China Q3 GDP growth slows to 4.8% y/y, in line with forecast

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

  • Trending
  • Comments
  • Latest
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

December 11, 2025
Sellers Are Accepting Even Less

Sellers Are Accepting Even Less

January 23, 2026
Episode 242. “Our couples therapist couldn’t fix this. Please help.”

Episode 242. “Our couples therapist couldn’t fix this. Please help.”

January 6, 2026
US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

December 19, 2025
How to sell a minority stake in RIA M&A

How to sell a minority stake in RIA M&A

November 11, 2025
Israel’s ADC to build Albania’s first data center

Israel’s ADC to build Albania’s first data center

0
Adam Smith Misunderstood the Origins of the Division of Labor

Adam Smith Misunderstood the Origins of the Division of Labor

0
‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

0
Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

0
5 Best Small-Business Loans in 2026

5 Best Small-Business Loans in 2026

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

February 4, 2026
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

February 4, 2026
XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

February 4, 2026
Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

February 3, 2026
Sun shines on Waaree Energies as tariff clouds clear

Sun shines on Waaree Energies as tariff clouds clear

February 3, 2026
China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

February 3, 2026
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

  • Binance completes second batch of Bitcoin conversion, acquires $100M in BTC
  • Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?
  • XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?
  • 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.