If you don t find a way to make money while

All you need to do is open an account, deposit some money and then sit back and watch it gain interest. I do really love it! Should the macro situation decay, I will consider holding my monthly investment until such time as the macro situation improves. Realistically, I’ll have to approach this on a case by case basis if an investment thesis suffers a truly catastrophic blow, but my plan from the outset is to very, very firmly avoid selling. That is why in the beginning, I started reading more books, attending live seminars, and getting on as many webinars about success and making more money as I could. Plan Do Review Repeat until you get results Thats really it.

1. “If you don’t find a way to make money while you sleep, you will work until you die”

Warren Buffet started his first business when he was Became a millionaire around age Hot damn. But as crazy as his success sounds, it is still perfectly attainable for your normal average human. Ever since I was younger I was told one plan. Go to school get good grades, go get a job, and work really really hard until you die. Why did nobody ever tell me there was a better way?

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The funny thing is, he makes billions of dollars while he sleeps and will still probably work until he dies. He loves his work that much. The lesson from his quote is to build income streams that make money regardless of whether you work that day. If you get sick, take a vacation, get injured, etc. Don’t settle for trading hours for income your whole life. It’s hard to become wealthy that way. You can use a combination of outsourcing and passive income streams to become more like Warren and make money while you sleep.

Develop and sell products based on your expertise

Warren Buffet started his first business when he was Became a millionaire around age Hot damn. But as crazy as his success sounds, it is still perfectly attainable for your normal average human. Ever since I was younger I was told one plan. Go to school get good grades, go get a job, and work really really hard until you die.

Why did nobody ever tell me there was a better way? The answer: Entrepreneurship. But so many people once they turn 18, they end up getting a job.

They end up losing their drive in fighting for their dreams. Before the age of 18, you enjoy your life. After the age of 65 and finally retired, you enjoy your life. But what happens in the middle? Because the biggest pain you will feel at the end of your life is not the pain of failure but the pain of regret.

The best way to learn how to make money while you sleep is by studying people that have attained a similar feat. Once upon a time Warren Buffett had a personal airplane pilot who asked advice about his career opportunities that he had going on.

Buffett had him write 25 of his top career goals and priorities. Once the list was made the pilot then had to circle the top 5 priorities from that list. The pilot had a hard time because he wanted to accomplish everything that was on that list and it took him a while to finally choose 5 from the list that was created. You see the thing about focus is that it is not infinite. Every single day we only have a certain amount of focus that we can utilize. But with so much going on in our lives, it easily gets spread way to.

The thing about successful people is they do not let anything distract them from their main goals. What are the things in your life that you are spending time on that have no relation to what it is you actually want in life? Start saying no to those things and only focus on the ones that bring you the results you want. Damn did that sting. I had such a hard time not hanging out with my negative friends while I was in college. Drinking, partying, playing video games, these were the habits that my friends did on a daily basis.

So where did that leave me? No matter how hard I tried to focus on entrepreneurship and to build something for myself, I always ended up getting sucked back into doing what everyone else was doing. Now I am not telling you to give up your friends. I am telling you to start spending more time around people that have the success, results, and life that you want.

That is why in the beginning, I started reading more books, attending live seminars, and getting on as many webinars about success and making more money as I. I knew that if I wanted to get more out of life, I needed to become.

And for that to happen I needed to surround myself around the people that had what I wanted. I have no idea? The most important investment you can ever make is not in Apple, its not Facebook, and its not even Tesla.

It is. What blows my mind is so many people out there seem to refuse to spend money on themselves and their education. All I got to say is always be learning guys. The reason why I will always have a winning edge over my competitors is that I am not afraid to reinvest what I have made back into.

From live seminars, to information products, to spending thousands of dollars on one on one coaching. The definition of insanity is doing if you don t find a way to make money while over and over again and expecting a different result.

I was a victim of this mindset. I believed that if I work really really hard and put my mind into it that I could become successful. What you need to do is embrace change. Entrepreneurship can be fun, but the hardest part is accepting the fact that anything and everything can change in an instant. That is why always having the right plan and the right mindset can help you through the changes.

Thats really it. Make a plan on what it is you exactly want and how you are going to get. Go out and do all out massive action.

Its impossible to get to where you want to go if you are too busy staying where you are. But I get it. It is hard man. Its hard starting a business, its hard going through failure, and it is hard being judged by your friends and family as they see you struggling to make something for. But guess what? And the people that you see living their lives and seem like they were overnight success stories was actually because they were able to have the strength to go over years and years of failure and struggles.

Understand that before you can achieve success, you need to pay your dues. And that the failures you are going through right now are just learning points in your life that you were meant to go through to become the person that you were meant to be. So around the time of the Great Depression, when every one was afraid of losing money, losing their jobs, and losing their livelihood, many family began selling the stocks that they owned in order to play it safe.

When the economy went back up and the stock market ended up rising once again, he sold all the stock that he bought for almost 4 times what he originally got it. How does that relate to right now? Well many people right now are fearful about becoming an entrepreneur. They are scared to actually go through some struggle and failure to learn.

So where does that leave us entrepreneurs? This is exactly what we have: an abundance of opportunity to thrive. While all my friends were worried about finding jobs and getting interviews, I became greedy with learning as much as I could about success, good habits, and finding strong mentors that were able to create freedom for themselves. Because the opportunities out their right now are endless.

The best time to take all out massive action is when you have a fire in your eyes and passion in your body. The next best thing is to learn exactly how to make passive income even if you have no money. Newbie Entrepreneur? Enter your email to get the the step by step guide. No thanks, I don’t want to make money online.

Yay for us. You end up working every single day for over 40 years. Plan Do Review Repeat until you get results Thats really it. Michael Jordan got cut from his high school basketball team Steve Jobs was a college drop out Oprah Winfrey was told that she was not fit for television Understand that before you can achieve success, you need to pay your dues.

It was this mindset that eventually propelled him to billionaire status. Whats Next? Do Me a Favor and Share it! Facebook Comments. Meet Adam Wenig.

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Its impossible to get to where you want mke go if you are too busy staying where you are. Also, other factors like how much each advertiser is paying to place their ads will affect earnings, making it hard to determine income. The second group consists of High Growth Picks, companies I see riding massive growth runway for a long time. There a lot more of these ideas. I will be polishing off my student debt over the next 12 months after which I will scale up the portfolio contributions. Deals and Shenanigans. Do you need to monitor or fix your credit score? Aggressive growth investors yo jumping ship, but it doesn’t quite have the long term track record to entice more conservative investors. Its hard starting a business, its hard going through failure, and it is hard being judged by your friends and family as they see you struggling to make something for. Within this group, I do plan to take on a small number of «risk on» investments. Hot damn. Fnd a Reply Cancel reply Your email address will not be published. Do Me a Favor and Share it! That is why always having the right plan and the right mindset makw help you through the changes.