Friday, July 3, 2009

Gordon Ramsey, Donald Trump, Richard Branson & Kate Moss do the tango


"It takes two to tango"

Today Gordon Ramsey reported his £3 million group profits fell last year by, err, £3 million. Meanwhile, Donald Trump is trying to buy back Trump Entertainment, which went bankrupt this year, for the 3rd time.

Reality TV makes an easy star of all Wealth Dynamics profiles. But some (Like Richard Branson) have given it a go and then returned to their wealth creating profile. Branson, like Ramsey, is a creator profile. They are in flow when creating and attracting others to their creations. Being a star means building your own brand - but you can't do both effectively at the same time. Pete Harden says of Ramsay today "He needs to focus more on his restaurants and his cooking, and less on his overseas ventures and television performances.”

When Branson shows up in the press, it's all about Virgin. When Ramsay shows up, it's not about his restaurants - it's all about him. So all that star light is deflected from where it could count most. I reported on the same on Trump (Deal Maker profile) six months ago (before his company went bust), where the winning formula of being a star was the losing formula for a deal maker. Creators need Stars. Stars need dealmakers. Only when we connect with the right dance partners, do we shine on the dance floor.

So while Ramsey (and Trump) continue to dance solo to the media at the expense of their businesses, Branson was in the news dancing with Kate Moss - as a Creator he had picked up a Star to promote Virgin Atlantic (while Virgin books bought the rights to Moss' autobiography for £1m). Branson makes more, Kate makes more, and the music plays on...

Sunday, May 17, 2009

The Wealth Dynamics Lighthouse


Do you get the feeling there's too much information and not enough direction for us? What if we could create a structure that directed us to exactly what steps we needed to make, when we need to make them? That's what I've been working on for the last week with Jade and Hanafi in Bali. Earlier this year, after I had begun developing the Wealth Dynamics Spectrum (have a look here for a little more on that), which gave nine levels to each Wealth Profile, I felt it was time to see how effectively we could capture all knowledge on wealth creation.

If you're anything like me, you've evolved your business to the tune of an entire raft of authors and entrepreneurs who have been more than generous with their knowledge. My list ranges from Bill Gates, Richard Branson, Warren Buffett and George Soros to Suze Orman, Robert Kiyosaki, Tim Ferris and Tom Peters. Each one comes from a different perspective, and each is valid at the right moment for the right profile.

So I'm more than a little excited to have constructed a lighthouse that captures all the knowledge at every level of wealth - from the basics of wealth creation to more sophisticated capital building to the economics of currencies and global capital flow. The lighthouse captures within 52 levels the Wealth Spectrum, Wealth Dynamics, Talent Dynamics and something I'll be spending more time on - Phi Dynamics.

It's been a very productive week, and do take the time to watch the first of the three videos I made to get an idea of what the Wealth Dynamics Lighthouse is all about. If it intrigues you, there's another two videos that follow. Hope you enjoy it!



PS. You can follow along with the developments of the Wealth Dynamics Lighthouse here and with the developments of Phi Dynamics (which is advanced Wealth Dynamics) here.

Thursday, April 16, 2009

Wealth Spectrum Videos in Technicolour...

In case you can't make it to the Wealth Spectrum launch tonight, these videos give you a perpective of the different wealth frequencies (SP and LP versions!)...



Compact version



Full Megaremix

Sunday, April 12, 2009

Wealth Spectrum out this week in London



Are you a Red Star or an Indigo Creator? This week in London I have an event that unveils the Wealth Spectrum. That's on Thursday and the Wealth Dynamics Experience is on the Weekend so it's going to be a big week!

Dan has written a great summary and posted a cool video on the Wealth Spectrum here. While Wealth Dynamics points us to who we are, the Wealth Spectrum points us to where we are. Each profile has different colours just like karate has different coloured belts and skiing has different coloured runs.

The spectrum gives us precise steps to take depending on our wealth frequency and I'll be covering more detail on the Foundation Prism (the first three levels) and the Enterprise Prism (the second three levels) this week. If you're wondering why you have a business but are still broke, or why the economic downturn seems to be affecting you more than some others around you, you'll find the Foundation Prism really useful as it gets to the core of our personal frequency or flow. If you've been stuck working hard on your own and wondered why you keep struggling to attract a team, or you're strong at leading a team but the moment you try and step above your business it all goes pear-shaped, you'll find the Enterprise Prism insightful, as it gets to the core of group flow and how the rules flip the next level up.

See you this week - and if you can't make it to London, watch Dan's video and look out for the Wealth Spectrum test and steps coming in the next month!

Friday, April 3, 2009

Wealth Dynamics Everywhere

You might have noticed the new Wealth Dynamics logo. With it comes a turbo team who are creating big waves. As the year unfolds you'll be experiencing new depths and breadth to Wealth Dynamics as Dan, Markus, Bobby, Suzann and Hanafi create brilliant new content and a stream of useful products and services to support all entrepreneurs.

For a start, you can now connect with all the latest news on Wealth Dynamics in the following ways:

1. Follow Wealth Dynamics on Twitter

2. Follow ME on Twitter

3. Watch the Wealth Dynamics Channel, the latest updates (and vids of Wealth Creators in each profile) on Youtube

4. Watch the Wealth Dynamics Channel, and interviews with me on Yourbusinesschannel

5. Read the Wealth Dynamics Update Blog

6. Share the Wealth Dynamics Presentations on Slideshare

7. Join the Wealth Dynamics Group on Facebook

8. Visit the new Wealth Dynamics profile site

9. Join the Wealth Dynamics affiliate programme

10. Wear the Wealth Dynamics T-Shirt and ... you get the general idea, Wealth Dynamics Everywhere.

See you in one or more of the hot spots and in the meantime, flow with the go :-)

Thursday, March 5, 2009

Gandhi's sandals cause high drama in New York


This week the Dow hits 12 year lows and Gandhi's sandals hit 60 year highs. What price is our wealth? Auctions are always a great barometer of value. This morning, Gandhi's possessions (his sandals, glasses and other pieces) sold in a high drama auction for $1.8 million to Vijay Mallya - India's celebrity entrepreneur and their equivalent of Richard Branson.

In times of formation we measure what we change. In times of transformation we change what we measure.

We are in times of transformation. We began the week with a chinese antique dealer, Cai Mingchao, becoming a national hero for thwarting the Christies Auction of two Qing Dynasty sculptures by placing the winning bid of $30 million and then refusing to pay. He went on to say "Any Chinese person would stand up at this time".

We end the week with Vijay Mallya repeating the gesture (but with the money to follow through) for India. In both cases, the government and people in China and India complained that they had effectively been robbed of these national treasures to Europe and USA respectively. In both cases, it was individuals who stood up to make a stand on behalf of their people - whatever the dollar cost.

At a time when the value of 'things' measured by the imagined profit of their future are falling, the value of items of meaning measured by the stored profit of their past are rising. We are making a stand for things that stand for something: The symbols that remind us who we are more than the symbols that seduce us into who we want to be.

As you go about leveraging value this week - ask the question, what value are you leveraging? How are your customers and your partners changing what they value? What are you doing to contribute more meaning? To contribute greater identity? To remind us of what we already have and who we already are?

“The best way to find yourself is to lose yourself in the service of others."

- Mahatma Gandhi

Sunday, February 15, 2009

The Butterfly doesn't think about the Caterpillar


In turbulent times, the pull of the future needs to beat the tug of the past: 24 years ago (that’s 1985), I was studying for my ‘A’ levels in Scotland. One of my subjects was Political Studies, and our teacher was convinced that the electoral system should be the hot topic we should all study. His reasoning: It was time it was changed. I wasn’t convinced. My reasoning: The examiners were more likely to be reading the Economist than Plato’s ‘Republic’. The Economist at the time was full of the trade union strikes and there was very little mention of electoral systems (despite the fact that the strikes were taking place precisely because of the breakdown of the old system).

I abandoned all my teacher’s advice and instead just read the Economist. On the day of the exam I found the latest issue of the Economist in my pigeon hole so I crammed over breakfast. When we sat down to the exam I was happily proven right, peppering my essays with facts hot off the press. The rest of the class was shocked to find most of the subjects we had studied over the last two years to be entirely absent from the exam. A number of students far smarter than me managed a ‘C’ from the carnage. I got the lonesome ‘A’ – Not because I was smarter, but I just had a sense what the ‘experts’ would be focused on: The noise of the moment.

Experts are able to make sense of history, while Entrepreneurs are able to make sense of the future. One needs to know in order to do. The other needs to do in order to know.

When economies fall into Winter season, it becomes the Winter of Discontent. The Autumn Earth is left behind and there is more upset than ever as the ground falls away. The ‘Mechanic’ stage of any cycle is often mistaken as ‘fix what is broken’ rather than ‘re-order for the approaching Spring’. Mechanics don’t take things apart just to see how things work. They take things apart to see how they can work better.

By the way, this is the same for every season: In the summer, when our products are selling well, we are more likely to create more products to sell than focus at the service we will soon need to provide. In the autumn, when we are trading well, we are more likely to listen to the advice of others than to build a system to sustain our future success. And so on. We are always more likely to build on our past rather than reverse-engineer our future.

Right now, Experts are coming out in force to comment on history: What went wrong. Those being uprooted all follow the experts in looking backwards. This is the perfect time for Entrepreneurs to take apart the many components of our economies, markets and technologies that simply did not exist five years ago, look at them with fresh eyes and ask the question “If I landed on this planet today with no history of the past, and found all these raw ingredients to create a new future, how would I reorganize the pieces?”.

For starters, Mobile Internet, 3D Video, Wireless Power and Social Media Markets will transform the reality we live in and the dreams we live out this year.

Once the caterpillar has been reorganized into a butterfly, the butterfly has little time to question why the caterpillar couldn’t fly.