What is the Circle of Wealth?
Circle of Wealth, founded by KC Smith, is a lifestyle platform that allows people of all ages to learn valuable information to create multiple sources of income. It is designed to help improve overall life from four different aspects. Some of these aspects include trading in the markets, real estate, credit education, e-commerce, and health and wellness. The mission is to empower you to live a life of financial freedom, opulence, fortune, and purpose. While numerous companies provide essential wealth, creation, and education, the Circle of Wealth is unique in that it offers a comprehensive lifestyle design program created with a thorough perspective. It is composed of young ambitious groups of entrepreneurs conducting business within the group, strengthening their fellow counterparts. Financial freedom is having enough cash on hand, financial investments, and savings to afford the kind of life we want for ourselves and for our families. It means growing savings that enable us to retire or pursue the career we want without being driven by earning a set salary each year. Financial freedom is not equivalent to being rich. People often confuse the two, but they are completely separate journeys. A person could be completely financially free earning $20,000 per year while another person could be trapped, even with millions of dollars. If one is spending outpaces his income, it doesn’t matter if he is rich or poor: he isn’t financially free. Pursuing richness is reasonable, provided that you do it by contributing value, but this doesn’t guarantee the fulfillment and peace of mind associated with financial freedom. People quickly tumble by competing for money and getting too comfortable with possessions. In financial freedom, what’s needed is earning enough money and building the mental discipline to keep that money from controlling you. The Circle of Wealth has a 4-step process. Step 1 is to create capital through trading in the financial markets. Step 2 is to have credit education and knowledge to utilize the leverage of bank finances. Step 3 is to invest and partake in real estate. Lastly, step 4 is to share this opportunity to others and get paid for it, thus evolving the “Circle of Wealth”.
How did the Circle of Wealth started?
KC Smith is very passionate about forex trading, real estate, and building fun, lucrative, wealth-generating businesses. He realized that he could not find funding to start his Maxtax accounting business (multiple location tax franchise), so he turned to what he knew best, Forex. He used his profits from Forex to fund his first location, which has grown to 12 locations. He then realized this was a skill that others wanted to learn from him and his team of traders in the masses, which resulted in the launch of Circle Of Wealth LLC in 2014. He realized how powerful forex trading could be for entrepreneurs such as himself. Hence the company slogan “Funding your Dreams with Forex.” He successfully transitioned from not having the capital to fund his first business to diversify himself in real estate investments, the music industry, and multiple tax office locations through the power of Forex. KC and the Circle of Wealth have helped 5,136 members worldwide beat the markets and gain profits from the forex space. Now, the team wants to help you “Fund your Dreams with Forex.”
Credit education program offered by Circle of Wealth.
Circle of Wealth offers a credit education program. The whole idea of credit can be and frequently is very intimidating and mainly this is because people are not informed about their current credit situation. They don’t know what’s on their credit report or what their FICO score is, and fundamentally, that’s what this credit education service is all about. Circle of Wealth wants to take the uncertainty out of people’s financial life and empower them with the proper knowledge to win financially. One out of four consumers’ credit reports contains some errors that may be keeping them from the car that they want to drive while living in the house that they want to live in. Circle of Wealth utilizes a three-step system called the system and ACES, our acronym that stands for analysis, correction, and education. Through this system, the Circle of Wealth has been able to help people take negative items off of their credit reports. Circle of Wealth believes that education changes situations. It wants to do more than provide people with an improved credit rating. Its commitment is to teach people the necessary skills and establish habits to keep them from future financial pitfalls throughout the entire process. Through Circle of Wealth, people will learn vital financial skills like developing credit, building strategies, increasing buying power as a consumer, and leveraging the improved credit rating to be a long term wealth, and so much more.
Invest and Partake in Real Estate
Real estate investors earn income through appreciation, rental income, and profits generated by business activities that depend on the property. At the Circle of Wealth, you will learn the benefits of investing in real estate, including passive income, stable cash flow, tax advantages, diversification, and leverage. Passive income is income earned from a source that does not take a lot of effort to earn from. It could be investments in bonds, stocks, or income earned from real estate, just to name a few. It can boost your retirement savings for you to help retire at an early age, or help you reach your wealth-building goals faster. Cash flow, in real estate, is the byproduct of owning a property and leasing it to tenants to earn monthly rental income. Real estate investors look for rental properties that reap positive cash flow returns. They invest in positive cash flow properties. The higher the net cash returns, the better the return of investment. Real estate is great to earn residual income or to diversify investment portfolios. Leverage is using borrowed money or loaning money to purchase a property. When leveraging a property, people borrow funds from a lender to be able to purchase an investment property instead of having to cover the entire purchase price yourself. Being able to leverage your investment is one of the reasons real estate investing is so attractive. Many people aren’t aware of these benefits that come with real estate and it is the Circle of Wealth’s mission to educate the people about this.
Investment in E-Commerce
The Circle of Wealth offers education for entrepreneurs who aspire to enter the realm of Ecommerce. Online shopping is growing fast all worldwide and that means e-commerce is quickly becoming a necessity for retailers and many B2B companies. The great thing about it is that it has never been easier for companies to get into the e-commerce business and reap its many benefits. It is not expensive to set up an ECommerce business operation thanks to many low-cost platforms. These platforms make it easy for entrepreneurs to start an online store with everything from an attractive, mobile-friendly site to taking payments to manage inventory and shipping. They can also integrate sales and inventory management between your online and bricks-and-mortar operations.In Ecommerce, the upfront investment will be relatively low, especially compared to setting up a physical store. The beauty of ECommerce is the amount of information that can be harvested about the customers with the help of web analytics. ECommerce entrepreneurs can track where their customers come from, what areas they go on the site, and what they purchase. These entrepreneurs can then use the data gathered to optimize their online store. An increasing number of consumers are shopping online, but these people also want an in-store experience or the ability to interact with the product while getting advice from a staff. An Ecommerce site gives the customers the best of both worlds. The site will provide customers with the convenience of shopping 24/7 from anywhere. Ecommerce entrepreneurs can make the experience even better with creating apps that allow customers to inspect their merchandise chat with the store staff. It also gives these store owners the capability to improve the in-store experience by providing their employees with smartphones, tables, and so on. They can show shoppers the products online as they accompany them through the store and take orders right on the spot. Lastly, Ecommerce allows brands and companies to expand their reach to the different parts of the world, thus, building up their brand exposure and boosting up their sales.
Why join the Circle of Wealth?
Since 2014, the Circle of Wealth has been actively helping out people and giving valuable information about trading in the markets, real estate, credit education, e-commerce, and health and wellness and how to earn and maximize profit from these different industries. When joining the organization, people will be exposed to self-development and self-awareness because of the training and information taught by the Circle of Wealth. It aims to build certain systems and processes geared towards being the best version of oneself. This is the key to being in the right state of mind and it will dramatically improve all other areas of life. People will always find ways to be unsuccessful if they do not believe that they can succeed. With the Circle of Wealth, they will be able to learn and acquire knowledge in these different industries and they could finally take the necessary actions to be successful. The Circle of Wealth believes that you are the average of five people you spent the most time with. Join the team, join the circle, and enjoy your journey to success.