WealthBeing - a way to creating wealth and enjoying well-being

WealthBeing enables budding entrepreneurs to create enough wealth and to look after their well-being. It's set out in a guide and delivered by mentors

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Meet the mentors

There are currently three mentors of WealthBeing

Malcolm Durham

Entrepreneur, accountant and author of WealthBeing. He built and sold his family business; created FD Solutions a flexible FD service; and is a member of the Association of Business Mentors (ABM).

Rachael Stillwell

Sales director and Mum who led a sales team at Haymarket Publishing. Rachael connects entrepreneurs, who have created innovative products and services, to lucrative markets. She is an associate of the ABM.

David Eaton

Chartered accountant and Anglican priest who jointly established a construction company which successfully refurbished historic buildings including Westminster Abbey. David advises on strategies for SMEs and is an associate of the ABM.

Before taking 10 steps you need 3 personal qualities:

1.You know how to win;

2.You want things to be different;

3. You're prepared to play the long game.

There are 5 key elements in creating wealth:

1. Bringing something new to what you know;

2. Having a partner or a mentor so that between you you are good at sales, production and management;

3. Having a good product or service. Not just quite good but not perfect either;

4. Knowing when to nurture it and when to expand - going from cash poor time rich to time poor cash rich;

5. Thinking win-win and having a culture of clear communication.

There are 5 key elements to nurturing well-being

1. Recognise that the business is not as important to anyone else as it is to you;

2. Accept setbacks as part of the deal, they are not rejections of you personally;

3. See the business as an asset to be sold rather than an endless source of happiness that comes from being busy busy busy and in "Flow";

4. Practise mindfulness, take some exercise and consume in moderation;

5. Accept that you can't have it all but you can have enough. Use this tool to calculate it