Summary
- You don't need money to make money; the best way to start is by investing in yourself.
- Discover what you are passionate about and learn everything you can on that subject. Read books, watch videos, and practice to get really good at it.
- Consider starting your own business in your area of passion, as this can lead to compounded growth over time.
- Dedicate at least ten years to consistently working on and improving in your chosen field.
- Learn from your mistakes to avoid repeating them. This will guide you towards the actions that lead to success.
- As you grow your net worth, seek out and hire people who have succeeded in your industry. Look for individuals who have been promoted within competitor companies, as their experience can help you reach your goals faster by avoiding common pitfalls.
Video
How To Take Action
I would suggest investing in yourself as the first step. You don't need money to get started; learn everything you can about what you're passionate about. Read books, watch videos, and practice what you learn. This way, you become an expert in your field.
A good way to build on this is to start a business in that area of passion. This doesn't require lots of cash upfront, but it does need time and dedication. Focus on your business for at least ten years and keep improving your skills. Over time, this dedication will pay off.
Also, try to learn from your mistakes. If you notice a mistake, take note of it and don't repeat it. Learning from what doesn’t work will guide you toward actions that do work, helping you succeed quicker.
When your business starts growing, think about hiring people who have succeeded in your industry. Search for individuals from competitors who have been promoted. Their experience can help you avoid mistakes and achieve your goals faster.
In short, focus on passion, dedication, learning from mistakes, and hiring the right people. These steps are cost-effective and powerful, setting a solid base for your growth and success.
Full Transcript
here's how to retire in 10 years starting with $0 most people think you need money to make more money that is completely false the best way to actually get started is to invest in yourself what are you passionate about learn read watch everything that you can on that subject get really good at it you can either start a business on it or work for someone else but I highly recommend going the business route cuz then your growth is going to compound just do that one thing for 10 plus years and throughout that 10-year process you need to continually learn from your mistakes if you avoid making the same mistake over and over again eventually you'll go down a path of doing the stuff you should be doing which will help you succeed and lastly you need to hire people who have done it before so as you start growing in net worth I want you to go look up people who work for your competitors at least two of them and make sure these people continually got promoted because if these competitors promoted them that means they felt those people were really valuable and good at what they did so if they work for you chances are they can help you avoid more mistakes and help you get to your goal even faster
