Sunday, November 23, 2008

What is actual wealth..........? By Robin Sharma

By ROBIN SHARMA


In my mind, wealth isn't just about making money. There are actually seven elements that you want to raise to world-class levels before you call yourself rich. They are, inner wealth, physical health, family and social wealth, career wealth, economic wealth and adventure wealth.

I just gave a full-day leadership seminar attended by managers and executives of companies like American Express, Infosys, The Gap and Dell. One of the ideas that many of the people in the room told me was most helpful was my "Seven Forms of Wealth" model that I've been sharing with our corporate clients over the past year.


In my mind, wealth isn't just about making money. There are actually seven elements that you want to raise to world-class levels before you call yourself rich. I'll identify them:

Inner wealth: This includes a positive mindset, high self respect, internal peace and a strong spiritual connection.

Physical wealth: Your health is your wealth. What's the point of getting to a great place in your career if you get sick doing it? Why be the best businessperson in the hospital ward? Why be the richest person in the graveyard?

Family and social wealth: When your family life is happy, you will perform better at work. No one gets to the end of their life and regrets making their family their first priority. Related to this is the imperative of forging deep connections with friends and members of your personal community (including mentors, role models and trusted advisors).

Career wealth: Actualising your highest potential by reaching for your best in your career is incredibly important. Getting to greatness in your profession brings a feeling of satisfaction on a job well done. It helps you make your mark. Being world class in your work is so good for your self-respect.

Economic wealth: Yes, money is important. Not the most important thing in life but very important. It absolutely makes life easier and better. Money allows you to live in a nice home, take beautiful vacations and provide well for those you love. And as Yvon Chouinard, the founder of the outdoor gear company Patagonia, has said: "The more I make, the more I can give away."

Adventure wealth: To be fulfilled, each of us needs mystery in our lives. Challenge is necessary for happiness. The human brain craves novelty. And we are creative beings so we need to be creating constantly if we hope to feel joy. Lots of adventure (ranging from meeting new people to visiting new places) is an essential element of authentic wealth.

Robin Sharma is the author of The Greatness Guide (Jaico)


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