Your Network = Your Net Worth

As the old saying before, "It’s not what you know, it’s who you know?" That was certainly true in the Industrial Age, but NOW in the information age, the saying needs some tweaking.

Now, the new mantra is: "WHAT you know determines who you CAN know." And who you can know makes a difference.

I would consider investing time and money in building your network. Screen who you spend your time with carefully: are they moving forward, or slipping backward? Are they growing, adapting, or dying?

Seriously, but it’s true that there are those who are adapting or growing, and those who are decaying or dying. It’s the power of the mind now that will win out financially. In the Industrial Age, it was your labor that was valued. In the Information Age, it’s all about the power of your intellect, and your ability to make money work hard for you, rather than you trading time for money.

We all have a Balance Sheet. We have Assets and Liabilities: an asset being something that makes us money whether we work or not, and a liability being something that costs us money whether we work or not.

While this is a great definition for looking at our financial health in numbers, there is a variable that does not appear on your Balance Sheet. The intangible that is fast becoming your greatest asset: your network .
Your Net Worth = Your Network

Seek people who are leaders in their respective fields; those who are on the forefront of innovation and progress; the thought leaders and the doers. By being around the right people, you will think, talk, and act differently than the masses. And that, my friends, is the key to financial security and financial freedom .