Over the last decade I've shadowed some of the best business minds on the planet.
From Warren Buffett to Stephen Ross, the one success framework they all share is "mailbox money".
It's a financial state of mind.
And here's how it sets you up for growth 🧵
From Warren Buffett to Stephen Ross, the one success framework they all share is "mailbox money".
It's a financial state of mind.
And here's how it sets you up for growth 🧵
The most successful business people usually have a very diversified portfolio.
For the ones I've spent time with, the pattern is the same.
1) Mailbox money businesses
2) Flashier influential businesses
2) Riskier bets that add multiples
For the ones I've spent time with, the pattern is the same.
1) Mailbox money businesses
2) Flashier influential businesses
2) Riskier bets that add multiples
When we talk about "mailbox money", it's the businesses that sends you a check every month.
For Buffett, this is Geico.
For Stephen Ross, it's The Related Companies.
For me, it's my real estate development company.
Highly profitable, extremely reliable, all cash flow.
For Buffett, this is Geico.
For Stephen Ross, it's The Related Companies.
For me, it's my real estate development company.
Highly profitable, extremely reliable, all cash flow.
Once you have that mailbox money coming in, you can expand into the other two categories.
Influence businesses are important because they have cache (why rich people buy sports teams).
That cache can be used to build relationships and create opportunity.
Influence businesses are important because they have cache (why rich people buy sports teams).
That cache can be used to build relationships and create opportunity.
This opportunity usually comes in the form of high risk, high reward investments.
With mailbox money coming in, you're financially sound enough to place these bets that can spike your regular income with 10x returns.
Do that and we're talking big leagues.
With mailbox money coming in, you're financially sound enough to place these bets that can spike your regular income with 10x returns.
Do that and we're talking big leagues.
Some of you are thinking sounds great, so the rich get richer? Wrong.
The concept of mailbox money can be replicated and applied at any scale.
It's a framework for your financial life, regardless of dollar amounts.
The concept of mailbox money can be replicated and applied at any scale.
It's a framework for your financial life, regardless of dollar amounts.
For most people, their mailbox money is their paycheck. That's a great place to start.
But your north star should be moving away from exchanging your time for cash.
Mailbox money works best if it's on autopilot.
But your north star should be moving away from exchanging your time for cash.
Mailbox money works best if it's on autopilot.
So what can you do?
1. Take your excess and invest it into something with dividends (stocks, rental income, etc.)
2. Focus on adding more and more sources of mailbox money, until that's enough to live on
3. Take on a higher risk higher reward opportunity (start a business, etc.)
1. Take your excess and invest it into something with dividends (stocks, rental income, etc.)
2. Focus on adding more and more sources of mailbox money, until that's enough to live on
3. Take on a higher risk higher reward opportunity (start a business, etc.)
Applying the mailbox money framework is great way to find financial freedom and success, regardless of what level you're at.
Want to know how I'm building my empire over the next few decades?
Mailbox money 📬
Want to know how I'm building my empire over the next few decades?
Mailbox money 📬
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