{"id":2967,"date":"2022-05-24T19:24:44","date_gmt":"2022-05-24T19:24:44","guid":{"rendered":"https:\/\/fusionwm.com\/?p=2967"},"modified":"2022-10-14T21:45:13","modified_gmt":"2022-10-14T21:45:13","slug":"safeguarding-assets-from-to-pursue-wealth-strengthen-your-core-strengthsan-ex-spouse","status":"publish","type":"post","link":"https:\/\/fusionwm.com\/safeguarding-assets-from-to-pursue-wealth-strengthen-your-core-strengthsan-ex-spouse\/","title":{"rendered":"To Pursue Wealth, Strengthen Your Core Strengths!"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"385\" src=\"https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM-1024x385.png\" alt=\"To Pursue Wealth, Strengthen Your Core Strengths!\" class=\"wp-image-3044\" srcset=\"https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM-1024x385.png 1024w, https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM-300x113.png 300w, https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM-768x288.png 768w, https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM-1536x577.png 1536w, https:\/\/fusionwm.com\/wp-content\/uploads\/2022\/05\/Screen-Shot-2022-09-01-at-1.35.03-PM.png 1848w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:29px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u201cTurn those weaknesses into strengths.\u201d It\u2019s advice we hear time and time again when the topic of how to become more successful arises.&nbsp;<\/p>\n\n\n\n<p>It may also be some of the least helpful advice we ever get!<\/p>\n\n\n\n<p>Here\u2019s the thing: When we look at self-made millionaires and billionaires, we find that they are much better than the rest of society at recognizing three things that help them excel in business and in life:<\/p>\n\n\n\n<ul><li>The things they do extremely well<\/li><li>The things they are average or merely \u201crun of the mill\u201d at doing<\/li><li>The things they\u2019re awful at doing<\/li><\/ul>\n\n\n\n<p>They usually gain these realizations over time through their professional and personal experiences\u2014with the bad experiences teaching the biggest lessons about where they rise and where they fall. Regardless, once self-made millionaires and billionaires learn where their true strengths lie, they take the hugely important step of focusing all their efforts in those areas\u2014and only those areas\u2014as much as humanly possible.<br>The upshot: Highly successful people seek to always <em>strengthen their strengths<\/em>\u2014not shore up their weaknesses. This approach contrasts starkly with the advice most of us received growing up\u2014that we should strive to constantly get better in the areas where we lack skills and abilities.<\/p>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">What makes you excellent?<\/h1>\n\n\n\n<p>Put another way, self-made millionaires and billionaires are <em>centered<\/em>. And it\u2019s a big reason why they enjoy their significant wealth.<\/p>\n\n\n\n<p>Being centered means that you consider your areas of excellence as a lens through which you focus most of your efforts and energies.&nbsp;<\/p>\n\n\n\n<p>While self-made millionaires and billionaires typically have numerous skills and talents, only a very few of these skills and talents are instrumental in enabling them to achieve great success. And so they focus on those few areas.<\/p>\n\n\n\n<p>At the same time, you will need to source and work with other people and groups to create and manage a very successful operation that can make you considerably wealthier. Focusing on your strengths doesn\u2019t mean you <em>ignore<\/em> your areas of weakness. It means you get others around you to manage and deal with those areas.<\/p>\n\n\n\n<p>Not sure what your exceptional skills and talents are? Use the following steps to help uncover your areas of excellence.&nbsp;<\/p>\n\n\n\n<ol><li><strong>Experiment with initiatives.<\/strong> People cannot know what they truly excel at unless they have tried a number of different things. Without experimentation, it\u2019s impossible to determine where your true wealth-generating talents and skills lie.&nbsp;<\/li><li><strong>Identify your contributions to various initiatives that proved extraordinary. <\/strong>This is fairly easy. The only complication is that you need to be precise when it comes to your definition of success. For example, a business endeavor can come up short, but your contributions can still indicate which of your capabilities were exceptional. (At the same time, determine your contributions that were unremarkable or even poor.)<\/li><li><strong>Repeat steps 1 and 2 until you identify a solid, verifiable pattern.<\/strong> As you continue to experiment and critically evaluate your contributions to various endeavors, you will probably start to see a pattern. Highly successful people often have to take many \u201cswings at the ball\u201d before they can consistently find the pattern that counts. By doing so, you will identify the areas where your abilities truly outshine others\u2019.&nbsp;<\/li><li><strong>Drill down into the areas you excel in to determine your outstanding competencies.<\/strong> Take what you\u2019ve learned about your skills and talents and dig deeper to determine your truly exceptional capabilities and talents. Be brutally honest with yourself here\u2014lying to yourself about a weakness will only hinder your progress. At this point, you will probably reach an important conclusion: While you may do a fair number of things very well, you possess (at best) just a handful of truly amazing abilities that can lead to significant wealth creation.<\/li><\/ol>\n\n\n\n<p><strong>Stop experimenting and stay centered.<\/strong> Even after self-made millionaires and billionaires identify their most remarkable skills and talents, they often are tempted to deviate from them to pursue shiny new \u201copportunities.\u201d Big mistake. Once you\u2019ve discovered your astounding skills and talents, it\u2019s absolutely vital to stay centered. It\u2019s counterproductive when people who know where they excel choose to expend energy and time on areas where they add less value (often considerably less). Result: The likelihood of them reaching their milestones, let alone their financial end goals, diminishes tremendously.<\/p>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">Three guidelines to help you get centered<\/h1>\n\n\n\n<p>Being centered hinges on skills and talents that are applicable in business and other wealth-generation situations. While self-made millionaires and billionaires are all about being centered, we find that very few people are able to concentrate on what they do exceptionally well. It\u2019s tough to get over the feeling that it\u2019s necessary to deal with a plethora of matters we\u2019re only marginally adept at handling.&nbsp;<\/p>\n\n\n\n<p>The idea of being so highly focused contrasts with what executives at major corporations or many business owners, for example, are often told. In many larger companies, middle managers are advised to concentrate on improving in the areas where they\u2019re weak.&nbsp;<\/p>\n\n\n\n<p>The smarter move: Learn to delegate those tasks, and concentrate on the areas where you\u2019re strongest and that are in the pathway of wealth creation.<\/p>\n\n\n\n<p>By being centered, self-made millionaires and billionaires maximize one of their most critical resources: <em>time<\/em>. Simultaneously, they act in ways that are most likely to translate into achieving their milestones and consequently their financial end goal.&nbsp;<\/p>\n\n\n\n<p>The following guidelines can help you in becoming\u2014and staying\u2014centered.<\/p>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">Guideline 1: No one has unique skills and talents.&nbsp;<\/h1>\n\n\n\n<p>When it comes to talents and abilities, every single extremely wealthy individual is also fungible. For that matter, so are you. Along the same lines, there is not a single thing you can do that\u2019s truly unique. Other people can do the same things you can, and there are no doubt people out there who can do these things just as well\u2014or better. Truly successful people don\u2019t try to focus on unique abilities. Instead, they home in on what they do exceptionally well, and apply those skills and talents in prosperous business scenarios.<\/p>\n\n\n\n<p><strong>Wealth creation implication:<\/strong> As you go through the process, you\u2019re not looking for absolutely unique capabilities. What you need to unearth are those skills and talents that fit two criteria. One is that they\u2019re areas where you seriously excel. The other is that they are applicable in situations that will make you very wealthy.<\/p>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">Guideline 2: Be hard-hitting in your self-evaluations.<\/h1>\n\n\n\n<p>You need to be very critical when you evaluate strengths to tell the difference between where you\u2019re merely very good and where you\u2019re exceptional. The most successful people we know have put themselves \u201cthrough the wringer\u201d to define their best wealth-generating abilities. Most had to find these answers through a litany of experiences, some of them painful.<\/p>\n\n\n\n<p><strong>Wealth creation implication:<\/strong> As you evaluate your contributions to various business initiatives, you need to be very tough on yourself for your own good. To accurately determine those areas where you excel, you can\u2019t afford not to bruise your own ego.&nbsp;<\/p>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">Guideline 3: There are few legitimate Renaissance men and women.<\/h1>\n\n\n\n<p>If you asked a roomful of highly successful people what they brought to their various endeavors that made them fabulously wealthy, you\u2019d likely hear the same skills and talents repeated over and over again. Self-made millionaires and billionaires can\u2019t do it all, <em>and they know it<\/em>. Instead, they concentrate on where they can add the greatest value.<\/p>\n\n\n\n<p><br><strong>Wealth creation implication:<\/strong> If you go through this process and come up with more than five areas where you excel, go back to the drawing board. Pare down your list to a maximum of five exceptional skills and talents (three would be even better).<\/p>\n\n\n\n<h1 class=\"has-text-color wp-block-heading\" style=\"color:#1d49a7\">Conclusion<\/h1>\n\n\n\n<p>We all have only 168 hours each week to make our dent in the universe. Don\u2019t waste that time trying to get better in areas where you don\u2019t excel. Instead, stay centered on your top skills and talents. Maintaining a laser like focus on what you do best that generates great results is a way to accelerate your success and have the impact you desire\u2014in business and in life.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>This report was prepared by, and is reprinted with permission from, VFO Inner Circle.&nbsp; AES Nation, LLC is the creator and publisher of VFO Inner Circle reports.<\/p>\n\n\n\n<p>Disclosure: The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra IS or Kestra AS. The material is for informational purposes only. It represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. It is not guaranteed by Kestra IS or Kestra AS for accuracy, does not purport to be complete and is not intended to be used as a primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA\/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS.<\/p>\n\n\n\n<p>Fusion Wealth Management is not affiliated with Kestra IS or Kestra AS. <a href=\"https:\/\/www.kestrafinancial.com\/disclosures\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.kestrafinancial.com\/disclosures<\/a><\/p>\n\n\n\n<p>VFO Inner Circle Special Report<br>By Russ Alan Prince and John J. Bowen Jr.<br>\u00a9 Copyright 2021 by AES Nation, LLC. All rights reserved.<\/p>\n\n\n\n<p>No part of this publication may be reproduced or retransmitted in any form or by any means, includ- ing, but not limited to, electronic, mechanical, photocopying, recording or any information storage retrieval system, without the prior written permission of the publisher. Unauthorized copying may subject violators to criminal penalties as well as liabilities for substantial monetary damages up to $100,000 per infringement, costs and attorneys\u2019 fees.<\/p>\n\n\n\n<p>This publication should not be utilized as a substitute for professional advice in specific situations. If legal, medical, accounting, financial, consulting, coaching or other professional advice is required, the services of the appropriate professional should be sought. Neither the authors nor the publisher may be held liable in any way for any interpretation or use of the information in this publication.<\/p>\n\n\n\n<p>The authors will make recommendations for solutions for you to explore that are not our own. Any recommendation is always based on the authors\u2019 research and experience.<\/p>\n\n\n\n<p>The information contained herein is accurate to the best of the publisher\u2019s and authors\u2019 knowledge; however, the publisher and authors can accept no responsibility for the accuracy or completeness of such information or for loss or damage caused by any use thereof.<\/p>\n\n\n\n<p>Unless otherwise noted, the source for all data cited regarding financial advisors in this report is CEG Worldwide, LLC. The source for all data cited regarding business owners and other professionals is AES Nation, LLC.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cTurn those weaknesses into strengths.\u201d It\u2019s advice we hear time and time again when the topic of how to become more successful arises.&nbsp; It may also be some of the least helpful advice we ever get! Here\u2019s the thing: When we look at self-made millionaires and billionaires, we find that they are much better than [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":4310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>To Pursue Wealth, Strengthen Your Core Strengths! - Fusion Wealth Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fusionwm.com\/safeguarding-assets-from-to-pursue-wealth-strengthen-your-core-strengthsan-ex-spouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"To Pursue Wealth, Strengthen Your Core Strengths! - Fusion Wealth Management\" \/>\n<meta property=\"og:description\" content=\"\u201cTurn those weaknesses into strengths.\u201d It\u2019s advice we hear time and time again when the topic of how to become more successful arises.&nbsp; It may also be some of the least helpful advice we ever get! 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