So if Wealth Building is no longer wealth building, just meaning strategically making money, then what is it? My redefining of Wealth Building comes from a person identifying themselves as a Wealth Builder. There are plenty of people who pursue large amounts of money but do not identify themselves as a Wealth Builder, nor should most of them. Many of these people may define themselves within their careers as things like a real estate investor, day trader, entrepreneur, networker, internet marketer, CEO, etc. All of these have a limited scope in the ways the person builds wealth. A true Wealth Builder goes way beyond that. The closest identity to a Wealth Builder would be someone who identifies theirself as an investor. Investor being generic in meaning where they don’t focus on one single avenue of investing. For example one may be an angel investor and a real estate investor too. But that still is not true Wealth Building. A Wealth Builder is someone who orients their entire career towards extreme financial profit. With the focus completely on this goal, they learn, become capable, and take action on building wealth in several significant ways. People who do this are Wealth Builders. An example of a Wealth Builder would be a person who starts businesses, develops commercial real estate, finances technology startups as a venture capitalist, has taken one of his own companies public, and invests for the long-term in stocks and bonds all without personally doing the work to achieve this.

The core definition of Wealth Building is the creation of extreme personal financial profit through several significant methods and across multiple macro asset classes.

The core definition of a Wealth Builder is a person who is capable of creating extreme personal financial profit through several significant methods across multiple macro asset classes, whose career’s highest governing focus is that of extreme financial profit in relation to the individuals within the lower-upper class of the world’s current wealthiest society.

A sophisticated Wealth Builder goes way beyond the minimum definition of Wealth Building. A few of the likely characteristics of sophisticated Wealth Building are empire building, OPM financing, ROR asset management, asset acquisitions, consistent thousands of percent return on net worth, passive management, and market monopolies, just to name a few. I will be exploring many characteristics of Wealth Builders and the act of Wealth Building in future posts.