November 6th, 2008 | 
Author: Wealth intelligence is a criterion that distinguishes the rich from the others. It is more so self-acquired rather than being taught. The main point relating wealth intelligence is that you should be able to distinguish your assets and liabilities.
While most of you will categorize home as your asset but dig deep into the question and you will find it more a liability for which you have to pay various taxes and make repairs etc. People often spend their life acquiring liabilities rather than assets that can generate income.
Another myth related to acquiring wealth is that one should be rich enough to put capital in a business. Statistics tell a completely different story with 80% people who are wealthy today belonging to a category that did not have any inherited wealth.
You should try to follow two basic policies to generate wealth. First, concentrate more on acquiring assets that generate income. Second, acquire liabilities that are favorable for you rather than the one that squeeze money from your pocket.
To build a thriving business requires not only adequate skills but consistent hard work and business intelligence too. Organizing the different aspects of a company?s working is essential for making a profitable business. If you are adept in it, you are sure to generate wealth from it.
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