Building Wealth 101

Creating supplemental income was one of David Wells' wealth building strategies that served him well. He was not in a panic when he lost his job.

Here is the first part of David Wells’ story. As you read the entire story you might say he had a secret wealth building philosophy.

This story may sound familiar to you. It may have happened to you or someone you know.

Upon hearing the frightening news that I would be downsized from a job where I was an impact player, to say the least, I felt betrayed. I was told that both my immediate supervisor and I would be replaced by a single person, probably for less pay. In the past I had offered up ideas to benefit the company. My programs would always be approved and then placed on hold for one reason or another. I was proud of the fact that my ideas were creative and were a great benefit to the company. You know what I mean, profitable while at the same time increasing employee morale.

Up to this point I thought I was doing all the right things. Moving up the management career ladder, earning a college degree, and taking what I was learning and incorporating the ideas into my employer’s environment. I was working full-time and attending a major university as a full-time student. Working hard with little sleep was the way I thought I could get ahead at my company.

To add insult to injury, although while not told this, it was implied that I would train the person that would replace me. While I knew there was no such thing as job security anymore, I always thought that I would leave on my own terms. To say the least, I expected not to have to train my damn replacement!

Oh well, I guess in this new environment where some employers trample on workers rights and have the you-need-me-I-don’t-need-you attitude, I was blessed. Unlike others before me I was given a 60-day notice. A couple of years earlier the company did the same thing, only the employees had a 60-minute notice. “You have 1 hour to take your stuff and split” is what I imagined they said. Of course, they said this in the elaborate corporate speech they had perfected over the years.

Tune in tomorrow for part II of David’s story.

If you are interested in learning how to create a money making discipline for yourself, right now, then go here. http://www.themoneymotivator.com/ .

David Wells has taught others how to establish a debt reduction system that can be used in good times or bad. To learn some wealth building strategies and money making secrets go here. http://www.themoneymotivator.com/