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Karl Wilhelm
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The book "Wealth Defense: How the Rich Protect What Matters Most" by Steven T. Anderson focuses on how wealthy individuals safeguard and grow their wealth beyond just accumulating money. It explores the mindset, strategies, and systems that protect assets and secure generational wealth. Anderson emphasizes entrepreneurship as the key to wealth creation, where successful people leverage business systems that generate ongoing income independent of trading time for money.
Key concepts include the importance of owning your business vehicle to be “paid first,” understanding scale and magnitude in wealth creation (serving millions or high-value clients), and making better financial and life decisions using tools like Worst Case Consequence Analysis and Weighted Average Decision Matrix. The book also highlights that true wealth includes free time and freedom from "indentured time"—being tied down to earning money.
Key concepts include the importance of owning your business vehicle to be “paid first,” understanding scale and magnitude in wealth creation (serving millions or high-value clients), and making better financial and life decisions using tools like Worst Case Consequence Analysis and Weighted Average Decision Matrix. The book also highlights that true wealth includes free time and freedom from "indentured time"—being tied down to earning money.
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