Dreaming of being wealthy is one thing and achieving is another.

6th May 2026

 

Dreaming of being wealthy is one thing and achieving is another. 

 

Jai Hind! Media is in all praise for Modi and Amit Shah duo. Even the opposition leader like Sashi Tharoor praised them for the win in Bengal and Assam. My filed is investment and I know all successful investors wants to be wealthy at the end of the day. Today I am sharing the pathways to the wealth. I know most are interested in making money but very few are interested in becoming wealthy. 

 

Simple steps to your wealth (not to richness): -



1. God / Devil is in detail. The more micro level planning you do, the better success ratio. Need to be detailed oriented person. The most people who wants to make tons of money – they are focusing on the money making opportunities only. They don’t understand that making expenses or avoiding unnecessary expenses are also the key in creating the wealth. Have you seen the super- wealthy people like Zuckerberg and Buffett are moving in simple clothes without ROLEX and PATEK PHILLIP. Today so called rich are wasting money to SHOW OFF their richness. 



2. Extremely hard working. Forget your comfort zone. You can’t have a cake and eat is too. Adani and Ambani are working 14-18 hours a day even after reaching to the top. The statements – “I have not done this before or I can’t do this” – are insults for the wealthy mindset person.  


3. Should know what you have to do and what not to do. Clarity on role is important and trust your team mates. You are not champion of everything. 

 

Steve Job used to ask one simple question everyday morning – Where will I focus today, If today is the last day of my life? This question is easy and the most effective in channelising your energy and focus.


4. Know your dependencies. There are certain areas you might not be an expert and you need a team. The MODI – SHAH trained the ground level staff in VOTE COUNTING before sending them on the duty. When you have to depend on somebody – make sure they are trained in those areas. 



5. The most important, Know when to exit. When we asked to sell gold at Rs.1.85 lakhs in early 2026, most people were waiting for Rs.2 lakhs. The gold went down to Rs.1.35 lakhs!! We sold Silver at Rs.3.6 lakhs and silver went to Rs.2.20 lakhs. The point is KNOW when to get out from investments / business. Today COGNIZANT has announced to reduce the staff by 15000. Most affected will be Indian Staff. Now, those who had developed some other skill sets while in the job – they will have less problems in settling down in alternative options. But those who didn’t plan exit – will have tough time. 

 

The above are the ground rules of creating a  wealth. But if you want the wealth to be LASTING – you need to go dipper than the surface.


The strength behind the lasting wealth: - 


1. Not just capital. But conviction.

 

Most brokerages and most financial consultant play safe. They make their client diversify their portfolio to the various asset classes. The big wealth has always come from FOCUSED capital allocation. Rakesh had a big bet on TITAN. Buffet had a big bet on 5 companies. Any businessman has a big bet on his business. Reliance was a petroleum company till 2002 before they went to Mobile. Diversification is good only and only after you reach certain level of Wealth in the first phase.  

 

This requires COVICTION. Conviction can come when you have done the 1st point of doing MICRO study in the beginning. 


2. Not just scale. But consistency.

 

People like SCALE. Say I want to give XYZ money to my sister on RASKSHA BANDHAN day. Now, I have hit the jackpot and I may want to go out of the way and give some big amount. Now, this is SCALE. But, my grandfather asked me – will you able to give the same amount to her next year and year next? He said – “Ideally you should increase the amount each year”. I replied – “I can’t tell you now.” 

 

He said – “SCALE is important only when you can manage it consistently.” I still follow the same. 

 

I see many novice investors take a big positions without their mental and financial capacities out of GREED to make fast money. They all get ruined faster than they think. 


3. Years of building. Decades of staying the course.

 

This is the most difficult phase. Staying on the course when things are moving and when things are not moving. Staying on the course when things are moving as per your expectations makes you super confident and you end up doing unnecessary changes on the portfolio or businesses. 

 

When things are not moving as per your expectations to hold on to your position – to hold on to your consultants and the other team members is the most difficult things in practice. 

 

This requires an ability to think beyond the present.
And that’s where it gets interesting. Because real strength in business and investments is not about reacting fast. It’s about staying steady….. 

 

1.Through cycles.


2.Through risks.


3. Through uncertainty.


That’s what separates builders from winners.


Because what looks like dominance today - is often the result of discipline over decades.

Strength isn’t built in moments. It’s built in mindset.

 

What NEXT? 

 

Just look into your life – if you have not been able to create wealth as per your expectations – there must be some missing steps from the above. 

 

Look at them and try to work on the same. 

 

If you need personalised input in your journey towards your Money / Financial freedom and ultimately WEALTH – you can approach us for holistic guidance.

 

Wish you all the best. 

 

Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.

 

Learn a Lesson. Live with Passion Invest with Reason.

 

Hitesh Parikh.

 

Comments