Join our investing community

Hi Guys which game do you favour?

Discussion in 'Introductions' started by pendo, 12th Oct, 2007.

  1. pendo

    pendo New Member

    Joined:
    23rd Aug, 2007
    Posts:
    3
    Location:
    Sydney
    Hi I'm pendo and this is my first post here.
    I was wondering if anyone here had taken or considered what their wealth profile might be. Perhaps you have taken the test. And has it benefitted you. There are a number of promoters out there marketing this. In fact Roger Hamilton is in Australia this month for a series of seminars.

    The 8 Wealth Profiles


    There are eight different wealth creation games you can choose to play, and when you know your wealth profile, you’ll know which game to choose. Here's a very brief explanation of each of the profiles:

    Creator…Bill Gates, Larry Ellison, Richard Branson - Creators are big picture thinkers with an awesome ability to get things started, although they tend to be shocking when it comes to finishing things. Their drive and momentum can be exhausting for others around them, and they themselves very rarely know how to use their drive and intuition to maximum effect. It’s common for a creator to flit from one project or opportunity to the next…without ever benefiting from the fruit of their efforts. Examples of successful creators include Bill Gates, Larry Ellison and Richard Branson.

    Star...Martha Stewart, Anthony Robbins- Stars are aware of the strength of their personality, and often use it to their advantage without realizing the negative impact it can have on those around them. As a star increases their ability to shine, they can often get burnt out with extreme demands on their time. Increased success frequently means greater stress, and an inability to capitalize on their stardom in a sustainable way. Examples of Stars who have found their natural path include Martha Stewart and Anthony Robbins. However, Martha Stewart didn’t know she’d found her path and deviated from it…it must have been a painful lesson.

    Supporter…Rudolph Giuliani, Jack Welch - Supporters have strong interpersonal skills and are great at building relationships but generally poor at knowing how to use their ability to create sustainable wealth in a way that’s fun for them. They have little or no affinity for systems so it is easy for the value they create to be lost. Examples of supporters who have discovered the secrets to their profile are Rudolph Giuliani and Jack Welch.

    Dealmaker…Donald Trump, Rupert Murdoch - Dealmakers are naturally great communicators, influencers and negotiators with a great sense of timing. They may not understand their limits or how to best capitalize on their unique abilities, and may not believe dealmaking to be a credible way to build wealth. Examples of successful dealmakers are Donald Trump and Rupert Murdoch.

    Trader…George Soros - Many people see themselves as traders, possibly as a result of the increased profile of online, retail and options trading. In reality, most people aren’t traders, which partially explains why most who try these things, lose their money. Their strength of operating at point blank range is also their weakness as they rarely plan ahead. George Soros has achieved great wealth through following his natural path as a trader without deviating.

    Accumulator…Warren Buffet - The accumulator is the safest profile, and relies on a system to achieve incremental wealth growth. Many wealth seekers choose this approach but as it is also the slowest, they get itchy feet and move on before they achieve the success they hoped for. Many see accumulators as indecisive and procrastinators, and they often go unnoticed. Warren Buffet is possibly the world’s most well known accumulator.

    Lord…J D Rockefeller, J Paul Getty - Lords look at the entrepreneurs and stars of this world and wonder why on earth they would ever want to do what they do. Lords are rarely seen, yet rolling in cash, and often in control of natural resources and man made structures. They act slowly and certainly, which frustrates many around them, and inevitably these characteristics may be the source of many of their challenges when it comes to wealth creation. John D Rockefeller and J Paul Getty are two successful and well known Lords.

    Mechanic...Ray Kroc, Sam Walton - A mechanic has the ability to control and manage people without necessarily having any charismatic leadership qualities. Mechanics endure and tend to rely on duplication and replication, and love to challenge the status quo. Mechanics may get caught up in the detail, at the expense of the big picture. Successful mechanics include Ray Kroc and Sam Walton.

    I found it interesting that by being able to focus on the area you are best suited to, you can avoid splitting your time and energy and harness the power within to master wealth creation.
     
  2. Norak Bastiat

    Norak Bastiat Well-Known Member

    Joined:
    16th Sep, 2007
    Posts:
    66
    Location:
    Melbourne
    I think thatjust like a investment portfolio is composed of many diversified investments, so too each individual is a diverse mix of all of those behavioral profiles.
     
  3. pendo

    pendo New Member

    Joined:
    23rd Aug, 2007
    Posts:
    3
    Location:
    Sydney
    Yes I agree. But!!! it defines the ones who excel against the also rans
     
  4. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    Pendo
    Welcome to the forum
    A game?
    Can you please expand on your initial post?
    Cheers
    Bill
     
  5. pthm

    pthm Well-Known Member

    Joined:
    25th Aug, 2005
    Posts:
    136
    The test pendo referred to is by Roger Hamilton - presenter of Wealth Dynamics. If you google his name you can watch some short presentations by him on YouTube.
     
  6. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    Found it, it's a 15 minute online test and it costs US$100

    Anyway, it states that by taking this test you will discover:

    That you are US$100 poorer
    Your wealth profile
    Role models who share the same wealth profile… which top entrepreneurs you’re most like.
    Your strengths and weaknesses as a wealth creator
    How to build your wealth foundation
    Your moment of wealth creation
    How to create value using your profile
    The value you need to own
    How you need to leverage
    How you secure your cashflow

    I am a bit skeptical of such schemes.
    I think I will give it a miss
    Cheers
    Bill
     
  7. pthm

    pthm Well-Known Member

    Joined:
    25th Aug, 2005
    Posts:
    136
    Last edited by a moderator: 17th Sep, 2016