10/08/2010

World Wealth Report

The 11th annual World Wealth Report (2010) from Capgemini finds there are now 9.5 million High Net Worth Individuals (HNWI) in the world, which is up 17% from last year. (A High Net Worth Individual has at least $1 million in all assets, excluding their primary residence.)
Here’s a synopsis of the report:
3.2 million Millionaires in North America
2.9 million Millionaires in Europe
2.3 million Millionaires in Asia

The Capgemini report also indicates the average HNWI increased their net worth by a 21% since the 2009 report. Reports like this makes me wonder what HNWI do that I do not do, because I rarely experience that kind of increase.

Social scientists like Noah St John, marketing gurus like Chris Cardell in Britain, and even NLP experts like Tony Robbins, have studied the mindset and behaviors required to become a HNWI. The following are six characteristics that Chris Cardell consistently finds in nearly all HNWI.

1. HNWI do not have a fixed pie perspective of money (Fixed pie means if one person gets more money, someone else gets proportionately less).

2. HNWI really enjoy their work, which provides them with a keen sense of satisfaction from even the slightest accomplishment. (The journey of a thousand miles begins with one step.)

3. HNWI mastered budgeting their money before they became wealthy. HNWI take responsibility for the amount of money they do or do not have. (Wasteful with a little, wasteful with a lot.)

4. HNWI perceive their wealth as a reflection of the value that they bring to the marketplace. (If they want more, they give more value to more people.)

5. Nearly all HNWI experience a sense of purposefulness, or fulfillment, when pursuing their chosen entrepreneurial path. Consequently, they really believe that entrepreneurship is the most rewarding path to freedom from money constraints. (One definition of success is “To become a person who is able to do, and have, what they want, when they want it.” Mother Teresa had very little personal money, yet most HNWI would consider her a successful entrepreneur, and a sterling example of creating something using personal purposefulness.

6. Accumulating high net worth is a science that has be studied extensively, and an art that can be learned and mastered. Virtually every HNWI in every study expressed appreciation to one or more mentors who coached them (in person or through books). (Here’s an example of the results of decades of study. www.symbiosis4u.us/Temp/TFPPW.html You can download the MP3 or watch the video.)

I would add one more quality to Chris’ list: persistence. My current mentor (whom I have not equaled yet) gave me the phrase “I will until I did.” I like the way Samantha Bennett expressed it.

IN PRAISE OF THE CAPABLE

And as you stand there
On time and
Appropriately clad for the event
With a high-fiber bar in your bag
And extra pens
Let us take this moment to applaud you.

You, the prepared.
You, the accomplished.
You, the bills-paid-on-time and the-taxes-done-in-March.

You, who always returns the shopping cart.
You, who never throws a tantrum.

While the moody, the irresponsible, the near-hysterical and the rude seem to get
All the attention
Let us now praise you.

Just because everyone always expects you
To do well
Does not make it any less remarkable
That you always do so well.

So thank you.

For picking up the slack
For not imposing
For being so kind
And mannerly
And attending to all those pesky details.

Thank you for your consideration
Your generosity
For always remembering and never forgetting:

That a job well done is its own reward
That the opportunity to help someone else is a gift
That the complainers, the cry-babies, the drama queens, the never-use-a-turn-signals, the forgetful, the self-involved, the choleric, the phlegmatic and the your-rules-don't-apply-to-me-types

Need you to rebel against in order to look like rebels.

(You provide the lines - for without the lines, what would they color outside of?)

So take a minute
To pat yourself on the back
And say, "Job well done."
And as you consider someday
Showing up stoned
Or unprepared
Or not at all

And as you imagine someday being imperious
Or demanding
Or the one with the temper

Hear the unspoken "thank you" from a
Grateful nation that is a
Better, smarter, calmer, easier, friendlier and more organized place
Thanks to you
And your dogged diligence.

You are beautiful.
You are precious to us.

You are the hand that calms the water, the wheel that never squeaks, the one we all rely on
And while you probably would have remembered to send a thank-you note,
We forgot.

And just because everyone always expects you
To do well
Does not make it any less remarkable
That you always do so well.

And I would tell you to take the afternoon for yourself
Or sleep in tomorrow
But I'm pretty sure you already have plans.

So just take this very moment right now
To appreciate you
And all that you have done and done well
Even by your own high standards.

And remember:
You are beautiful.

And just because everyone always expects you to
Do well
Does not make it any less amazing, delightful or delicious that

You always do so well.

© Samantha Bennett 2009 http://theorganizedartistcompany.com/