Wealth Creation Principles
As founders and members of Richland holdings we constantly remind ourselves of the following basic wealth creation principals:
We find that as long as we don't take anything personal, never make assumptions, be skeptical but willing, and ensuring that our word and honor remains impeccable, we create lasting, and mutually beneficial, relationships between ourselves and our partners. May you take something from these lessons and deposit it in your heart toward a more empowered, successful future.
Happy Investing!
Myles Rennie
- We take responsibility for our own financial future, we think long term and we stick to our wealth creation strategy without exception.
- We don't focus on having things and we don't focus on other people. We focus on ideas and how to turn ideas into reality and increased net worth.
- We constantly invest, every month, to ensure the snowball keeps rolling.
- We embrace change, it usually provides us with opportunities. We believe that you grow optimally on the edge of comfort and discomfort. Therefore, we welcome the discomfort brought by change.
- We learn and grow continuously by being involved and mixing with successful people around the country and the world.
- We focus on profit, not on revenue. There is a substantial difference between the two when building wealth, focus on profits.
- We give, from the heart, a portion of our profit to helping uplift the world around us.
- We focus on multiple income streams to increase our opportunities for success.
- We focus on sweating our assets very, very hard to maximize our compound annual returns over long periods of time.
- We constantly confront ourselves with empowering questions and we constantly challenge ourselves to do more, do better and to reach for excellence.
We find that as long as we don't take anything personal, never make assumptions, be skeptical but willing, and ensuring that our word and honor remains impeccable, we create lasting, and mutually beneficial, relationships between ourselves and our partners. May you take something from these lessons and deposit it in your heart toward a more empowered, successful future.
Happy Investing!
Myles Rennie