Live Rich

Ideas - The Real Drivers Of Wealth


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The main driver of wealth in the world isn’t venture capital or real estate or anything of that sort. It is as simple as a great idea.

When you find yourself at that intersection where your passion and abilities align, you are at the best possible place to launch a new idea or venture.

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Summary:

Even as times and technology change, there is a constant that remains true – ideas are the greatest currency. There is no substitute for original thinking – it’s why major corporations invest in patent lawyers to protect their intellectual property.

The wealthiest people in the world are those who came up with new and innovate ideas to delight and surprise their customers. How many recycled movie plots or promotions have you seen? Isn’t there something just completely arresting and intoxicating about a genuinely new idea? We all know that feeling of being stopped in our tracks by the power of a new and bold concept for a good or service.

You can actually train yourself to come up with great new ideas on a consistent basis. Focus on the hobbies and interests that make you light up with excitement – and then identify how you can solve the frustrations and challenges that face you and other fans.

Make sure that you build in regular time for brainstorming and reflecting on why you are passionate about your interests – and how you could improve that experience for others like you. Read on to learn more about how you can turn your passions into great ideas for new businesses and revenue streams.

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Live RichBy Tony Neumeyer