The ability to create value is central and fundamental to every successful career and company.
While there are thousands of ways to make money, analysis has identified that, in reality, there are
“only EIGHT Ways to Create Value!”
The entrepreneur who has brought this Value Creation thinking into the 21st century is Roger James Hamilton.
His outline of the underlying principles and summary of each profile in this video provides real clarity..
I’ll let Roger James Hamilton introduce the Wealth Dynamics framework.
I encourage you to take a few minutes to absorb the insight contained here. It could just be the best 10 minutes you spend this year.
As you watch the video you’ll probably find it helpful to refer to the image below as Roger talks through each profile.
The Wealth Dynamics ‘Square’…
So what are the EIGHT ways to Create Value?
This is not some ‘trendy topic’ either, as it has its roots going back 5,000 years into Chinese origins.
It has been brought up to date, and is backed by resources that provide a modern interpretation and guidance. The eight profiles are:
1. The Creator – Builds innovative products
Examples: Steve Jobs (Apple), Walt Disney (Movies), Richard Branson (Virgin)
2. The Star – Builds an influential brand
Examples: Oprah Winfrey (Presenter), Paul Newman (Actor), Bill Clinton (ex President)
3. The Supporter – Builds high performance teams
Examples: Steve Ballmer (Microsoft), Jack Welch (General Electric)
4. The Deal Maker – Brings deals together
Examples: Donald Trump (Property tycoon), Rupert Murdoch (News International)
5. The Trader – Buys and sells commodities
Examples: George Soros (Business magnate)
6. The Accumulator – Buys and holds assets
Examples: Warren Buffet (Investor), Paul Allen (Microsoft)
7. The Lord – Controls cashflow producing assets
Examples: Lakshmi Mital (Steel tycoon), Ingavar Kamprad (IKEA)
8. The Mechanic – Creates an efficient, duplicatable system
Examples: Michael Dell (DELL), Ray Kroc (McDonalds)
Which profile do you think you are the closest match for?
What do Successful Entrepreneurs do?
Successful entrepreneurs focus only what they are good at. They understand which of these 8 areas they are ‘wired’ for and where they have a natural strength. By doing what is natural to them things are easier, work is more enjoyable, and great results follow too.
Crucially, they identify and work with others who are naturally good at different and complementary areas. By helping others to succeed it’s a genuine win:win.
By design or by accident, leaders of successful companies will have identified opportunities where they can create value. They do things that other businesses find difficult or expensive to do.
Discover your easiest path to create value and increase your wealth
To find out which of these profiles you match, click on this link or the image below and take the test today.
Once you do you’ll receive supporting resources, guidance and recommendations about the actions you can take to focus in on your natural abilities.