Go into something you can stick with for the next 5 years & keep iterating at it without quitting
The internet has leveled the playing field. Test, test, test till you figure it out & avoid shiny object syndrome
you don’t need piles of certificates to succeed, you do need real world experience to win at life
Schools teach you literacy and theory, life needs practicality for you to win in the long run
Your BODMAS won’t get you rich
Learn about money before you even make it.
If you truly want to build actual wealth, you need to stop leaving how you make money to chance.
Stop being on the defense and start going on the offense. Read, take courses, seek mentors on the subject of money
Seek help, you can’t do it alone
Kill your ego and focus on learning from others. You’re not stupid by asking questions and seeking answers
A Chinese adage says; a man who asks a question is only foolish in the moment, a man who doesn’t is a fool forever
Focus on distribution: true wealth is built on getting your offers into as many hands as possible
Scale & distribution is the key to building true wealth
Create something that can be used by thousands & 10s of thousands of people at scale
You only need 0.0000001% to thrive
to go deeper into this
what you have to create doesn’t have to be completely new
look at what’s working, add your own Uniqueness to it and solve problem at scale
the difference between millionaires and billionaires are the level of value and impact they have
you may not become a billionaire,
heck that’s a crazy goal to have methinks
but making your millions & having your peace of mind is attainable pretty much
There’s 11 million millionaires in the USA
so it’s much easier to attain when you figure out 1 key thing: Distribution
Use rented systems to build owned assets: Turn social media into something that you can leverage upon
You don’t own Twitter, Instagram, Facebook, Clubhouse. You’re simply a user
Take your traffic into your own platform with your lead magnets & MVOs
Fiat money will keep you broke; focus on liquid cashflow
Money in the bank is subject to inflation annually. You’d never get rich keeping your money in the bank
Send your money on errands and keep it moving
It’s like water, when left stagnant it stinks. Direct it’s flow
Make money everyday; that’s the cheat code.
Majority of people get only one credit alerts or deposits monthly & so many debits
Look at your financial statements monthly, are you getting paid more times than you pay out?
If not, that needs to be fixed ASAP
Focus on creating than you consume; only 2% create & that’s why wealth is in the hands of a few
If you can spend 2 hours watching a movie on Netflix, you can spend time creating something that earns you cashflow outside your time
You won’t be friends with majority of those you’ve been with in the last 5 years
Don’t be surprised, you’d lose majority of these folks when your lifestyle changes
To build the life you need, you need to let go of the life you currently have
Learn about building systems; how hard you work doesn’t equal how much you get paid
You need moving parts that can get you the outcome you seek without you being actively a part of it
This includes people and softwares that are readily available
Get a professional to handle your taxes, you don’t want Uncle Sam coming after your ass cause of stupid mistakes
Have a lawyer draft your contracts & send to clients before you do business w them. Some tech guys duped me for my SaaS biz but we got some money back cause of proof
You don’t have to spend 40 years before you can make a million dollars
but you do have to spend more time iterating on what you’re doing than most people will commit to
The Hidden Secrets Your Favorite Guru will NEVER Tell YOU about ECOM you MUST know to SUCCEED
you’ve probably came across those guys who who showed off big revenue numbers, and a month later they disappeared...
There are multiple possible reasons for this happening, but my theory is that some of them have that “100K in 30 days” revenue, but 150K in fulfillment, ad spend and fees.
To avoid crashing into a negative ROI brick wall, you should price your products right from day one!
There are some misconceptions regarding proper product pricing in the early stages for some people, who price the products super low to make sales no matter what - an act that might turn off people who don’t want “cheap” products around them.