Learning how to create wealth will always pay off handsomely. This is what the rich do but the poor don’t. It brings all the difference in their results.

The secrets of wealth creation have been in the hands of very few people in the past. This is how they managed to amass so much at the expense of the rest of us.

Today, due to the influx of information on the web and otherwise, anyone can get these invaluable tips at the click of a button. Thank God to you sought to know the secrets on how to create wealth the easy way.

Making wealth is not as hard as many believe it to be. After you have mastered the secrets, creating wealth becomes effortless and extremely easy.

These are the secrets that the millionaire and billionaires of this world possess. They make millions without working or working for less than the average person does.

Wealth exists in three states:

·     Gas state

·     Liquid state

·     Solid state

If you understand these three states of wealth and how to create wealth with them, you will never struggle in life.

What is wealth?

In simple terms, wealth is the abundance of your possession. It is everything you have minus everything you owe others. It is total assets minus total liabilities.

This is how to create wealth: keep increasing your assets’ value and reducing your liabilities. It is a simple as that.

Assets are things that put money in your pocket or increase your economic value. Liabilities are things that take money out of your pocket or reduce your economic value.

If you are to acquire liabilities, use them to buy more assets. That is financial intelligence.

States of wealth

As we said, wealth exists in 3 states: Gas state, liquid state, and solid state.

1. The gas state of wealth

You can master how to create wealth without understanding this dimension of wealth. The gas state consists of the ideas you have that can make you wealthy.

Making wealth begins with an idea. It begins with a noble thought. This is why thoughts are the greatest asset you have in your journey to wealth creation. This is where everything begins.

Characteristics of a great idea

·     It is unique.

·     It solves a need in the market.

·     It can be implemented under the prevailing legal and economic environment.

·     It is scalable.

Jeff Bezos had to have Amazon as an idea before he started it. Bill Gates had windows in mind when he co-founded Microsoft. Steve Jobs could envision the iPhone before he made one. In short, every wealth-creating idea starts with a single thought.

If you cannot generate great ideas, you cannot make wealth. This is a simple truth. Mentally lazy people (No matter how hard-working they are physically) remain poor. Being mentally active is more important than being physically active.

You generate great ideas by:

·     Feeding your mind with great information.

·     Desiring to do something great.

·     Wanting to be different from everybody else.

Some of the greatest ideas are developed as:

·     You walk in a quiet open space. An open space induces creativity in people. It has to be quiet.

·     As you rest on your bed in the dark.

·     As you read a thought-provoking book. It has to challenge you to the core.

Once you develop a great idea, you have to move to the next stage: the liquid state.