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Short · MoreMozi

The ability to earn is one of the greatest investments.

The initial parts of your investment should be growing to increase your skills. If you are saving, you know, $500 a month, there's nothing wrong with that, but I would be actively investing that 500 in the beginning and to making my skills more valuable.

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Short
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Key takeaways

  • The initial parts of your investment should be growing to increase your skills.
  • If you are saving, you know, $500 a month, there's nothing wrong with that, but I would be actively investing that 500 in the beginning and to making my skills more valuable.
  • After you have an excess of that, then start pulling the dividends out of the business that you have and investing those things that are passive, not active.

Chapters

  1. 0:00
    Abschnitt 1 The initial parts of your investment should be growing to increase your skills.
  2. 0:42
    Abschnitt 2 That's not just a billionaire saying, it really is.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

2 segments

0:00The initial parts of your investment should be growing to increase your skills. If you are saving, you know, $500 a month, there's nothing wrong with that, but I would be actively investing that 500 in the beginning and to making my skills more valuable. If you develop the skill of selling, which might take you 2 years, you can go from making $60,000 a year to $250,000 a year or $500,000 a year just by earning that one skill. You're the source of where all the money comes from. I've spent every dollar I possibly could gaining access, getting mentorship, getting coaching, getting programs, buying courses, buying books. If I can improve me as the machine that generates all the flow of income, then the rest of the stuff becomes easy. After you have an excess of that, then start pulling the dividends out of the business that you have and investing those things that are passive, not active. Your ability to earn is one of the greatest investments.

0:42That's not just a billionaire saying, it really is.