- Drafted Insights
- Posts
- š Is There A Formula For Building Wealth?
š Is There A Formula For Building Wealth?
3 steps will get you there...

Hey there,
Iāve been in the midst of some financial planning recently, and I thought Iād share my approach with you. At a high level, the process is simpler than most people think, but itās the fundamentals that make all the difference.
To reach true freedom, youāve got 3 problems to solve.
And it boils down to this:
1. You first need to find a way to bring cash in the door.
2. Then, you need to find a way to make that cash grow.
3. And then, you need to ensure it never stops.
Sounds simple, right?
Itās not complex to understand.
But it is worth getting really clear on what each phase could look like for you.
The Freedom Formula: Earn. Compound. Preserve.
Thereās this misconception that only once youāre already rich do concepts around wealth-creation and preservation become relevant.
The truth is, if youāre early in your journey, you donāt need to wait for some big breakthrough before you start planning.
You just need to be aware of where you are and what needs to happen next.
It doesnāt have to be a linear process. You might move between the phases as needed. Whatās important is being intentional and thinking about how you can set yourself up in each stage with a strategy that works for the long-term.
Too many people think they need to hit it big with a single investment or a ground-breaking idea. And until that happens, they donāt consider what comes next.
I live by the idea that if it doesnāt have your focus, it wonāt be achieved.
So if it matters to you; putting it off for some ālaterā date only guarantees it never happens.
Be intentional now.
Financial freedom is not about chasing quick wins. Itās about mastering the fundamentals.
Letās break down the system.
Earn: Building The Foundations
The first step is obvious: you need to earn.
But this is where most people get it wrong.
Not all income is equal - itās about creating income that provides lasting value and strategically positioning yourself to maximise your earning potential over time.
For some, this might mean creating a business.
For others, it could be excelling in a career or freelancing. The goal is to find the right path that lets you deliver incremental value.
In the beginning, itās about developing your skills and making sure youāre focusing on the right opportunities. Your income should be a by-product of providing value where itās most needed, and where the long-term potential is the greatest.
Provide more value and youāll see more returns.
So thinkā¦ where would my skillset be most valuable?
Thatās a great place to start.
You wonāt be an overnight success.
Focus on developing a skillset, becoming great and be intentional about where you apply it.
When you position yourself well, your income will follow as you deliver lasting value.
Compound: Making Your Money Work For You
Now that youāre earning, itās time to make that money work for you.
Just earning an income isnāt enough.
You need to have a plan to grow it.
This is where the magic of compounding comes in. Having your money sit in your current account is simply going to leave you poorer year-on-year.
Spend some time thinking about your risk appetite and your options for where to put your earnings to work - whether thatās stocks, real estate, or even building other revenue streams (not financial advice - do what works for you).
At itās most basic principle, you need to find something (or multiple things to diversify risk) that has a higher likelihood of being worth more over time than if you do nothing.
This phase is all about building a financial engine that grows without needing constant attention. As your income and assets compound, your wealth does too, creating your upward trajectory.
Preserve: Ensuring Longevity & Protection
And finally, the phase that many overlook: preserve.
Too many people focus on earning, but forget about ensuring they create some longevity through the previous two phases.
Think about how you can make sure your financial engine has some future-proofing and isnāt reliant on the number of hours in a day YOU can work.
Preservation isnāt just about keeping your money safe - itās about protecting and maintaining your ongoing setup in a way that ensures long-term continuity.
It's about making smart choices to shield your hard-earned money from unnecessary risks and downturns.
You canāt just keep taking risks hoping everything works out. As your wealth grows, youāll need to balance that risk with caution, making sure your foundation remains strong even in the face of uncertainty.
Preservation is about being strategic and building sustainable systems that safeguard your position.
It's the part of the formula that ensures your wealth sticks.
Financial discipline comes into play here.
The goal is to protect what youāve worked for so it continues to provide for you for years to come.
Putting It All Together
To achieve true financial freedom, you have to master these three phases:
š° Earn.
š Compound.
š Preserve.
Start today by thinking about where you are in this process and how you can apply the principles to move forward.
Cheers,
Jack
P.S. Want to talk more about how to make this happen? Hit the link below, and letās chat!
DraftedClub
CONNECTING EXCELLENCE | COMING SOON
READY FOR THE NEXT STEP?
WE WANT YOU TO WIN.
Pre-apply to join our private growth community of entrepreneurs and experts helping each other reach their biggest goals.
š«° Want to launch a startup?
We have specialists who will build with you.
š Want to get fit?
We have people on the same journey who will keep you accountable.
š¼ Looking to elevate your career?
We have a network of people waiting to help make it happen.
š„ Want an all-star network to grow with?
Weāll meet you inside or on the next meetup.
Imagine how much quicker you could close the gap between where you are now and where you want to be if you were surrounded by ambitious people on the same journey.

P.Sā¦. weāre collecting our founding members. If you have a skill you think would be valuable to others, give us a shout @drafted.clubāļø
Reader Discounts

Got an e-commerce brand?
This newsletter is sponsored by LemonTop Digital.
1. All readers get 15% OFF SEO services to drive organic growth.
2. Plus, 15% OFF their guided - DIY SEO platform, Compass.
Email [email protected] with the code āDRAFTEDā to redeem
