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#4 Key Ingredient to Wealth: Curating your Environment and Influences
By Investment Moats  •  May 8, 2017
The people that you stick with, or are stuck with, have a massive influence over whether your build wealth extraordinary well, or cause great wealth destruction. In my opinion, there are 4 key ingredients to building wealth. These has less to do with money itself. They are:
  1. Your motivation, determination and the amount of grit you have
  2. Your ability to acquire knowledge and wisdom in your pursuit of the goal
  3. Creating effective Systems, Processes and Habits that lets you execute the actions that builds wealth
  4. Curating your Environment and Influences
Today, we are going to talk to the #4 factor.

We belong in different environments

Unless you are extremely anti social and reclusive, you cannot avoid being in groups. You have your family nucleus and extended family. When you get married, you have another sub group. You work or have your own business, so you will have colleagues and employees, ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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