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If you want to be a millionaire ASAP, you need these 7 habits...
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1. Save 70% or more of your income
Most people are told to save & invest 10% of their income - this isn’t enough
Those who get rich invest heavily
To do the same, you must do two things:
1. Minimize your living costs
2. Maximize your income
If you can, 70% is achievable
Most people are told to save & invest 10% of their income - this isn’t enough
Those who get rich invest heavily
To do the same, you must do two things:
1. Minimize your living costs
2. Maximize your income
If you can, 70% is achievable
2. Surround yourself with the 1%
Have 5 millionaire friends and you will become the 6th
Having successful friends allows you to access:
- Better conversation
- Investment opportunities
- Business alliances
Networking is one of the best hacks when growing your wealth
Have 5 millionaire friends and you will become the 6th
Having successful friends allows you to access:
- Better conversation
- Investment opportunities
- Business alliances
Networking is one of the best hacks when growing your wealth
3. Understand the cost of your decisions
Money or time spent in one place could be spent in another
This is opportunity cost
Always assess how you use your resources
Ex/delegate low-value tasks to do more high-income work
When done consistently, true wealth will emerge
Money or time spent in one place could be spent in another
This is opportunity cost
Always assess how you use your resources
Ex/delegate low-value tasks to do more high-income work
When done consistently, true wealth will emerge
4. Value time over money
You can make more money, you can’t make more time
To get ahead, buy as much time as you can
Offload menial chores and low value tasks
Then, use that free time to earn and invest
Time freedom is the ultimate achievement
You can make more money, you can’t make more time
To get ahead, buy as much time as you can
Offload menial chores and low value tasks
Then, use that free time to earn and invest
Time freedom is the ultimate achievement
5. Earn both active & passive income
Most people rely solely on active income (i.e. 9-5 job)
This is a mistake
Instead, use your active income to buy assets
Assets will produce passive income and raise your overall cash flow
Rinse & repeat until you’re rich
Most people rely solely on active income (i.e. 9-5 job)
This is a mistake
Instead, use your active income to buy assets
Assets will produce passive income and raise your overall cash flow
Rinse & repeat until you’re rich
6. Build scalable businesses
To get rich, you need two things: value and scale
Jobs lack scale which is why they aren’t a good vehicle for getting rich
Build a business that can grow in:
- Employees
- Reach
- Output
The more value you share, the more money you make
To get rich, you need two things: value and scale
Jobs lack scale which is why they aren’t a good vehicle for getting rich
Build a business that can grow in:
- Employees
- Reach
- Output
The more value you share, the more money you make
7. Be Patient
Building wealth takes times
Sadly, most people want results yesterday
If you pick the right income vehicle and remain persistent
There is literally no way you won’t become rich…
Building wealth takes times
Sadly, most people want results yesterday
If you pick the right income vehicle and remain persistent
There is literally no way you won’t become rich…
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If you want to earn $1,000s more a money get my free guide: adamdelduca.gumroad.com
Follow me for financial wisdom that will change your life forever:
@Adam_DelDuca
If you want to earn $1,000s more a money get my free guide: adamdelduca.gumroad.com
Follow me for financial wisdom that will change your life forever:
@Adam_DelDuca
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