Updated: Mar 4, 2021
What is mental wealth & why is it important to build?
Mental wealth is a powerful combination of growth mindset, mental fortitude and abundance mentality. Did you know that 95% of our recurring thoughts are subconscious and 5% are conscious? Think about that for a moment. Whenever we hear the word wealth what normally springs to mind is financial. Wealth in the monetary sense is certainly important although what is arguably most important is Mental Wealth because it is the foundation that everything else is built upon.
"Your mindset matters. It affects everything - from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being". - Peter Diamandis
3 Ways to Build Mental Wealth
Important because: taking action, 'moving your body and changing your physiology can have awesome effects on your mind and mindset, because it builds momentum'  Momentum is inextricably linked to motivation. A study based on psychological momentum theory found that 'only a small force of inspiration would be needed to ease the difficulty associated with initiating an academic task.'  It is important to be opportunistic in taking action, no matter how little inspiration you feel. Even if today you're not inspired at all, how about using the 5 second rule?  Simply count down from five seconds and immediately start your task before you reach zero. This way you'll be less inclined to procrastinate because your brain won't have time to ponder excuses. I use this to do the dreaded laundry which I hate doing! Like clockwork, it works every time. What's most effective is that the simple action of doing the laundry builds psychological momentum towards the next task, and so on. Taking action is definitely the first step towards building mental wealth.
Solution: Take any small step first, this is most critical. For example, taking immediate action and making your bed as soon as you wake up in the morning. This first task sets you up for the next action and task of the day by building momentum. Move your body-move obviously, voluntarily, energetically. Start small, for example:
• One-minute walk
• Five star jumps
• Ten minute swim
• Thirty second run
"Wealth flows from energy and ideas". William Feather
Important because: awareness improves your ability to analyse and evaluate environments and scenarios. This helps to build mental wealth because all your senses are engaging in the present moment so that you can confidently navigate reality. You'll become adept at creating and fine-tuning important connections and relatedness between ideas and people. Essentially, observing your actions at a higher-level of thinking.
'Zen Buddhist monks show an extraordinary synchronization of brain waves known as gamma synchrony—a pattern increasingly associated with robust brain function and the synthesis of activity that we call the mind.'  This is possible due to many years of meditation practice. Like long-term dedication working out at the gym yields strong muscles, these master meditators grew measurably stronger in mental capacity, certainly resulting in heightened awareness. Zen Buddhist monks built abundant mental wealth.
In the past I was linear in my thinking and limited in my perspective, in that I would see problems in terms of their effects and consequences in the same day. I was egocentric and short-sighted in approach and awareness. Now, benefitting from focused time, reflection, life experiences and applying new knowledge, I am practicing exponential thinking and experiencing greater awareness. Instead of thinking in terms of days and weeks, I am now improving my awareness of the importance of thinking, meta-thinking (thinking about thinking) and projecting my thoughts into the future in say thirty-two, sixty-four and one-hundred and twenty-eight years time. This shifts my perspective so that my awareness and mental faculties are constantly being stretched.
Solution: Stop what you're doing right now and see if you can observe your thoughts. With practice you'll build greater awareness and your mental agility will be tested and in time, strengthened.
• Meditate for nine seconds by focusing only on your breathing:
Inhale for three seconds
Hold for three seconds
Exhale for three seconds
For more awareness do less.
"I believe everyone should have a broad picture of how the universe operates and our place in it. It is a basic human desire. And it also puts our worries in perspective". Stephen Hawking
For beginner meditation awareness perhaps take a look at 1 Giant Mind App
Important because: increasing focus means you are allocating finite mental resources to specific goals, and by doing so, acuity of mind develops; you become mentally sharper. Effectiveness of brain function is less likely diluted because 'where focus goes, energy flows'.  Did you know that 'in the average adult human, the brain represents about 2% of the body weight. Remarkably, despite its relatively small size, the brain accounts for about 20% of the oxygen and, hence, calories consumed by the body'  The human brain is an absolutely amazing and fascinating organ and processing machine, capable of seemingly immeasurable processing power. Once we focus on how its power is utilised, mental wealth is built upon a foundation that strengthens with sustained and intelligent focus. What is your current focus? Is it truly the best use of your mental fortitude?
Just a few years ago I'd incessantly divide my time between multiple projects and I really thought it was a good thing! In my mind getting lots done, in fact quite the opposite. By trying to do too many things at once I'd fail miserably at all, because I was diluting my focus. Learning from my mistake, dedicated to progress, and an obsession with improving my personal mental health, I realised how unsustainable my behaviour was. Continuing blindly, burnout would be imminent, and I definitely did not want to get clinical burnout and any irreparable physical and mental damage accompanying it. By practising how to focus, my productivity and output improved massively. Most importantly my focus was now on tasks that, once completed, resulted in genuinely nourishing my whole being. Instead of a human just doing I became a human being. It's important to make sure that whatever you decide to focus your invaluable time and energy on that it is congruent with your core values. If you don't, you may begin to harbour resentment for whomever set you the task, and believe me, self-hate is the most toxic and damaging of emotions that serves no-one. We all have choices, choose wisely and you'll build mental wealth.
Solution: Set up and start your days, weeks, months and years with the end in mind. Begin with who you want to become in the future and reverse-engineer backwards from that date. Of course, flexibility is key, although most important is your specific choice of focus.
• Focus on tasks that yield the best results connected to your values.
For example: If two of your values are fitness and consistency, after making your bed in the morning put your workout shoes on (that you've set down by your bed the previous night ) and go to the gym every Monday, Wednesday and Friday.
• Follow One Course Until Successful (F.O.C.U.S) Once you dedicate your focused energy, with respect to your values, it's highly likely you'll be successful in your endeavours because instead of diluting energy you are concentrating it towards a specific end goal.
"The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively." - Bob Marley
With a powerful collaboration between action, awareness and focus you will certainly begin to build mental wealth and the strongest foundations of growth, fortitude and abundance. With great respect to building long-term authentic confidence, mental health and ultimately higher level skills to navigate reality now and into the future.
Please feel free to also read: 3 Important Skills to Develop Mental Wealth
::: CONFIDE Collective :::
Growth Mindset Embracing challenges and learns from criticism
Mental Fortitude Emotional and mental strength despite adversity
Abundance Mentality Recognizing unlimited possibilities (opposite to scarcity mentality)
 Confide : the new psychology of confidence : how to power up after experiencing depression / Bowcutt, Adam, Xlibris
 Psychological Momentum and Inertia: Toward a Model of Academic Motivation
 The Five Elements of the Five Second Rule by Mel Robbins
 Zen Gamma, Scientific American
 Robbins Research International Inc. by Tony Robbins
 Appraising the brain's energy budget, PNAS Proceedings of the National Academy of Sciences of The United States of America
 Core values list by Carnegie Mellon University