The majority of wealth people are owners. They do not just have a bank account full of cash. They own valuable assets. Primarily businesses of one kind or another that bring in cash. Every single person can become an owner. You have the ability to create something of value and monetize it or you canContinue reading “Harness Money Tip #36”
Your most valuable money asset is time. Time is what allows for compound interest to happen. Time is how your stock goes from $10 to $100. But all of us also only have 24hours in a day. Specialize on doing a few things great. Outsource tasks that you are not the best at and focusContinue reading “Harness Money Tip #39”
Rich Dad, Poor Dad made me think differently. There is good debt and bad debt. Bad debt is debt that holds you back: credit card, student loan, car loan. Most people only ever learn about and use bad debt. Make it your mission to get out of bad debt and never look back. Good debtContinue reading “Harness Money Tip #34”
Mastery is about making a tiny bit of progress each day. Create your money system and then master cash flow.
What did your parents teach you about money? Everyone should examine what lessons they were taught about money growing up. My parents taught me to work hard and save money. But I never learned how to grow money money. My dad never invested anything in the stock market and my mother only talked about theContinue reading “Harness Money Tip #20”
Role models and mentors can motivate you to be rich. Take their money lessons and apply it your business. You need to be rich.
Stop being afraid and take more risk. Risks lead to growth. Failure is not the end, just a learning experience. Dont let other people project their fear onto you.
Screw passion, follow your effort.
Don’t be your own worst financial enemy. Set up your wealth system and forget about it.
People pay money for things and services that can add value to their lives. You can be that value and be the one getting paid.