Longtime readers of Wealth Systems know our definition of wealth is different to most.
While financial net worth is a vital part of forming a stable foundation under your family, our definition focuses on a different form of affluence: time affluence. We discussed this deeply in the below article, a great intro read for new Wealth System builders:
Speed and Range are two concepts we covered as a part of our time affluence study.
To boil it down as simply as possible:
Speed - grants the power to control one's time, benefit from more turns of compounding force and more iterations of development
Range - represents the comprehensive scope of people and environments one can access
If Speed governs pace and autonomy, Range governs perspective and exposure.
The power is when these two are combined. You can act fast and take advantage of opportunities. You can make mistakes and improve from them. You can deploy your resources strategically to maximize how much money you’re making (and reduce expens…
Keep reading with a 7-day free trial
Subscribe to Wealth Systems to keep reading this post and get 7 days of free access to the full post archives.