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The Psychology of Wealth

Much like a soldier trains and prepares for battle, I have been training and preparing for my journey and accumulation of wealth. I can state, unequivocally, that had I come into great wealth a few years prior I would not be prepared to manage the psychological aspects of wealth. For I am just beginning to scratch the surface of the mental impacts of wealth accumulation.

Surprisingly, there are many things about accumulating wealth that are counterintuitive. Initially, I thought that I needed to watch ever dollar to accumulate more. Now, I spend less time watching money and there is more of it. I respect it and appreciate it but I do not chase money, I have tried to create scenarios where money actually chases me.

One thought that I did not expect relates to the feeling of being worthy of such amazing blessings. As my business interests have grown I feel that I am physically doing less but creating more. Most people would say this is great but I believe myself to be a man of action and I have to wrap my mind around mental action versus physical action. I invest a great deal of time thinking, planning, and strategizing. It is impossible to calculate the amount of time invested in mental analysis of my business interest. I estimate it to be at least 80% of waking hours. It is impossible to quantify this in terms of dollars generated but I do estimate the results from this mental analysis to be significant.

When my business interests were smaller I could quantify and say that I generated a certain amount of money. Now, the revenues generated are a combined effort of multiple people. Having invested
time and money and assumed all risks I am faced with the greatest reward. I have to remind myself that I made an investment and the dividends and results are a natural thing. Yet I do not wish to
become someone who does not appreciate the value of a dollar (nor do I think I could). I refuse to lose touch with reality like many hollywood types do. I intend to remain frugal yet enjoy the fruit of
my labors, within reason. I do have concerns about teaching these lessons to my children.

I had always dreamed of wealth and success as a boy but I fear that had I come into it too soon I would not have kept it.

Now, as my 32nd birthday looms ahead, I think about what changes as my family accumulates more money. The reality is that what changes is we have more money. It does not define who we are or our values. I must remain vigilant and remember that I have the ability to shape my world and the wealth I accumulate, not the other way around.

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The Meyer School for Business & Entrepreneurship

I have a vision that one day in the near future I shall help to start a school dedicated towards developing the leaders and entrepreneurs of tomorrow. In conjunction with this school I will also start a business incubator which helps to facilitate the growth of startup companies. Initially, entrepreneurs will apply to the incubator and pitch their business and business plan to me and my associates. If accepted into my program, I will help to teach them, train them, mentor them and develop their ideas. IN the early stages of the school it will start as workshops and seminars to help develop these entrepreneurs. As the program demonstrates success I will continue investing in the educational components possibly merging the Fountainhead Career Academy with the school and using the billing academy as a foundation.

As components of this vision I anticipate training and developing employees from within my own company so that they may evolve and grow.

The primary objective is to help teach and train other entrepreneurs so their ideas can flourish and grow. By applying the right  combination of mentorship, capital, and strategic planning we will
cultivate innovations, economic development, and the leaders of tomorrow. By maintaining an equity position in each incubated company we have a synergistic relationship where everyone benefits from success.

It is my intention that this grows and diversifies my own personal holdings along with bringing economic growth to the Daytona Beach area.

As this idea transitions from concept to reality it will require a great deal of real estate. I intend to own the real estate for each project and ideally create a city within a city that fosters innovation and helps to attract and retain the most brilliant minds in the country.

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Continuous Improvement

To truly reach the highest levels of achievement I am going to have to push myself to new levels. I must remove myself from my comfort zone and improve in the areas I am weak. I must be Organized and diligent in my efforts and I must continue to push myself to advance my knowledge. I must master the art of power and develop mastery for seeing the unspoken and connecting with
people. I must not let my own pride and ego block my progress and I cannot worry about the perception of others. I must be the best I can be. I must constantly improve.

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The Chase

I started my first business when I was 14. I wanted to be rich and famous

By the time I was 18 I learned everything I needed to know

By the time I was 20 I came to realize I had more to learn

When I was 22 I chased money

When I was 25 I had a quarter-life crisis

When I was 27 I realized I had it backwards and the pursuit of money in and of itself was not making me happy. I prayed for wisdom

By the time I was 30 I had money

Before then, money had me…

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True Success

True success is knowing your purpose, growing to reach your maximum potential, and sowing seeds to benefit others. The average person doesn’t know that. He or she is scrambling to arrive at a destination or acquire more possessions than the next-door neighbors. A true measure of worth includes all the benefits others have gained from your success.

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Morality

Morality is the judgment to distinguish right and wrong, vision to see the truth, courage to act upon it, dedication to that which is good, and the integrity to stand by the good at any price.

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We are what we think we are

The way we “appear” physically tells a story. Our physical bodies are outward expressions of our state of mind. We reflect outwardly what we think internally. The way we take care of our physical bodies is a direct manifestation of the value we attribute towards ourselves. Those that take great care in their physical appearance demonstrate the value they put on “self”. It also tells you a story about a person. Specifically, ego, pride, and confidence levels. In business, knowing one’s audience allows us to direct our physical appearance to our audience to facilitate our goals or accomplish our intended mission. Whether we think about it consciously or not the physical body can not be separated from the mind.

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You Chose This Path

If being the best were easy everyone would be great and there would be no maximum to achievement. Everything in this world has a cost. Whether it be time, energy, money, or emotional commitment. If you choose to climb and rise to the highest levels you must be prepared to pay a steep price. I intend to climb to the highest levels providing for the fact that my family climbs with me. I understand that success can be a lonely road. Remember success breeds enemies and can turn friends into foes.

Remember that behind every failure is an even greater success. All failure is only temporary. Remember to always appreciate things and people. Money never buys class or tact. You can never be bigger than your money. Only a fool let’s their money define them.

You chose the hardest route possible. You fumbled your way along and finally started to figure things out about 12 years into it. Why do you always have to make things hard on yourself? How can you be so brilliant yet miss things that are right under your nose? Perhaps you are too absorbed in yourself? Try not to be.

Remember that every day you must do something to bring you closer toward your goals. The path you have chosen there are no holidays. Remain patient but seek knowledge and understanding every day to help drive you closer.

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Style plus Substance

I desire to create a reputation of excellence. One of style plus substance.
When people think of me they will think of someone who always does their best, achieves their goals, and wins. When my name is mentioned they will associate success.
When they hear my name they will think of a business mastermind and a visionary leader.
The “Midas” touch. Not because of magic but because of hard work and perseverance.
My reputation of being fair and honest will proceed me. The things, people, and deals that I recommend, endorse, and support will succeed.
My name will carry weight and power. It May open doors and close them. People will associate me with sound judgment and good decision making.
My track record will make these things possible yet I will always remain humble. No matter what I may create or achieve I remain only a man…I will do what is right in each moment and remain true to me.