your life your legacy

325 Pages·2009·4.47 MB·English

An Entrepreneur Guide
to Finding Your Flow
YOUR LIFE
YOUR LEGACY
BY ROGER JAMES HAMILTON
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Copyright © Roger Hamilton 2006
All rights reserved. This book, or parts thereof, may not be reproduced in any form
without the written permission of the Author.
1st published October 2006
2nd published May 2007
3rd published August 2009
Your Life, Your Legacy
Foreword
“Your work is to discover your work
and then with all your heart to give yourself to it.”
- Buddha
Imagine a race in which the runner takes off full of energy and
enthusiasm. Intent on winning, for the first few moments he enjoys
the breeze in his face and the feeling of progress. However, after
a while he thinks ahead to the finish line, and wonders how far it
is. Then he wonders exactly where it is. He realizes that he has no
idea. In his excitement to get going, he never thought to get a map.
No matter how much energy and enthusiasm you may have, without
certainty of where you are going and how you will get there, you will
soon lose momentum. In such times, many of us seek motivation to
keep us going. My approach has not been to seek motivation, but to
seek certainty – to seek direction. Once you have clarity about your
path, then your momentum along it will reach new levels.
Wealth Dynamics will give you this clarity. It identifies your own
natural path to lasting wealth. It explains why it is that when you
follow your natural path, you find your flow: you attract the resources
you need to achieve your true potential. It explains why your life
path leads to your life purpose. It is based on the life experiences,
successes and failures of many who have run the race before us.
It covers the journeys of those who we admire today for what they
have achieved – the lives they have lived and the legacies they
have left.
Wealth Dynamics is not just one path to wealth creation, but every
path – of which your path is one. This book is about your life. It is
about your legacy.
Chairman, Wealth Dynamics

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Contents
Part One | Running Your River
How your wealth profile leads you to your wealth path
1. What is Wealth? 9
What is wealth, and why it is that the more money we have, the more
opportunities we have to lose it? Action and attraction
2. Are You Feeling Lucky? 17
Luck, Critical moments, and why follow your path.
The power of attraction and the seven phenomena of flow
3. The Wealth Equation 31
The fundamental principles of wealth creation and how we create
(and lose) our money – the opposites of value creation and leverage
4. The Eight Wealth Profiles 41
The eight wealth profiles and the five frequencies
Part Two | Finding Your Flow
Eight wealth profiles and thirty-eight wealth creators
5. The Creator 58
Thomas Edison, Walt Disney, Bill Gates, Steve Jobs and Richard Branson
6. The Star 76
Oprah Winfrey, Martha Stewart, Arnold Schwarzenegger,
Amithabh Bachan and Paul Newman
7. The Supporter 93
Jack Welch, Michael Eisner, Steve Case and Meg Whitman
8. The Deal Maker 110
Donald Trump, David Geffen, Masayoshi Son, Henry Kravis
and Rupert Murdoch
9. The Trader 127
George Soros, Peter Lynch, John Templeton and Jim Rogers
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Your Life, Your Legacy
10. The Accumulator 142
Benjamin Graham, Warren Buffett, Li Ka Shing, Sandy Weill
and Paul Allen
11. The Lord 160
Andrew Carnegie, John D Rockefeller, Jean Paul Getty,
Lakshmi Mittal and Sergei Brin
12. The Mechanic 176
Henry Ford, Ray Kroc, Sam Walton, Ingvar Kamprad, Michael Dell
Part Three | Leaving Your Legacy
How your life path leads you to your life purpose
13. Finding Your Feet 195
A framework for flow and the dynamic balance, the ten levels of value,
the eight stages of enterprise growth and a case study
14. A Brief History of Flow 218
Where does this all come from? A new look at your fortune, a brief
history of flow, and how the five frequencies relate to your legacy
15. Turning On 241
Turning on your flow: Distinctions between the five frequencies
to build the right team, attention, learning, and leadership types
17. Tuning In 252
Tuning in to your flow: The brain, how we experience time, and
synchronizing with your team, country, and industry cycles
18. Your Legacy 266
Why are the wealthiest people in the world giving their money away?
The power of purpose, legacies to learn from, and the three powers
Action Item: Your Wealth Dynamics Profile 289
Learn how to find your Wealth Dynamics Profile ...
Action Steps ... 291
Five Simple Steps to apply the principles of Wealth Dynamics
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INTRODUCTION
READING THIS BOOK
This book is divided into three parts. The first part, “Running Your
River”, explains the time-tested principles of Wealth Dynamics. Just
as the laws of nature give us a technical understanding of what
makes a river flow, the rules behind Wealth Dynamics give us a
technical understanding of what makes wealth flow – why some
struggle to create a trickle while others have carved a roaring river.
The second part, “Finding Your Flow”, provides an insight into the
lives of thirty-eight Wealth Creators whose rivers flow today. They
are organized into the eight wealth profiles so that you can see
just how different each profile is. We document failures as well as
successes, underlining the perils of breaking the rules of your game
or diverting from your flow. Each story adds another layer to your
understanding of wealth creation.
Each of the thirty-eight Wealth Creators have been chosen for the
different lessons we can learn from their journey. Each has found
their flow. Each has created enormous attraction on their natural
path. Their individual net worth ranges from $100 million to $50
billion. Each is living a purpose and leaving a legacy.
The third part, “Leaving Your Legacy”, delves into the mechanics
of Wealth Dynamics: how you can apply the profile distinctions to
communicate, contribute, lead and live more effectively. It breaks
down your path into a series of steps that take us on the magical
road from path to purpose – from duty to destiny.
Tomorrow’s future is built on the shoulders of today’s Wealth
Creators. In today’s economies, there is unprecedented access to
the daily global flow of money, talent and resources. When we take
responsibility for mastering how to direct part of this flow, we can
direct it towards making a difference.
“The power of money is the power to give it away -
to make a difference.”
- Narayana Murthy
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Your Life, Your Legacy
PART ONE
Running
Your River

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Your Life, Your Legacy
CHAPTER ONE
WHAT IS WEALTH?
“I have enough money to last me the rest of my life,
unless I buy something.”
- Jackie Mason
THE WEALTH PARADOX ...
Evelyn Adams won the New Jersey lottery not once but twice, in
1985 and 1986. All $5.4 million of winnings has since evaporated –
mostly into Atlantic City slot machines. Relegated to living in a trailer
in a trailer park, Adams said, “I wish I had the chance to do it all over
again. I’d be much smarter about it now.”
William “Bud” Post won $16.2 million in the Pennsylvania lottery. He
invested in a car and restaurant business. Within a year he found
himself $1 million in debt and went on to declare bankruptcy. To
make matters worse, his brother was arrested for hiring a hit man to
assassinate him so he could claim the winnings for himself. “Bud”
now lives on Social Security saying, “I wish it had never happened.
It was a total nightmare.”
While many of us deny that we would be quite as careless as Evelyn
and Bud, why is it that so many of us continue to work so hard, earn
so much and still have so little to show for it?
This book is not about ‘making money’, as many of us lose the
money we make. This book is about ‘creating wealth’. If you have
not created wealth, any excess cash you have becomes a terribly
temporary condition. Why? Because there is peculiar paradox that
pops up as the cash rolls in.
We call this the wealth paradox: The more money you have, the
more opportunities you have to lose it.
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