Erst investieren, dann den Rest ausgeben

0:00Invest, then spend the rest. So, the idea is that you invest first and then spend what's left over. And so, an interesting thing is that Switzerland has the highest per capita millionaires in the world without having the highest GDP or even GDP per capita. And so, how are they able to do that? That means that they have different rules around money, which is what this video is about. And so, if we adopt those rules, we can get those outcomes. Which means these are just decisions that we get to make. And the easiest way to do that is you take what you need off the top and then you spend the rest on what you want. And so, it comes down to saying that you need your future. You need your future self to be bigger than your current self today. And so, you invest first and then you spend the rest.

0:44And so, the way that I like to think about this is 0.16. This is how we operationalize this, which is automate investing and then create friction around spending. And so, you want to take the money off before you see it. If your job, for example, has a way that they can automatically skim off your paycheck and put it into some sort of investment stuff, do it. If they don't have that, have one of these apps that does segmentation or has multiple bank accounts that you can say, "This automatically goes here. This automatically goes here. And I don't touch this." And if you want to get real crazy, the advanced version of this is that as you make more money, you keep what you're living the spend the rest part instead of making it a percentage, make it a fixed amount. And then as you make more, you're just investing more and more and more into the future. Now, you're like, "Well, how do I invest in the future if I'm just starting out?"

1:34The future is you. But you're making sure that when you're investing that money, you know whether you're buying declarative knowledge or you're buying procedural knowledge. You're learning about stuff that you need to learn or you're learning how to do it. And the longer you do this, the easier it gets. For the record, I have zero Lamborghinis, zero Rolexes, zero jets, while also being able to buy multiple of these every single month.

1:59And so, the idea is you start to become addicted to getting good. And once you get that first little reward of seeing an investment that you made in yourself start paying off, you see your income go up, you start making more money. You're like, "Oh my god, this game is awesome." And so, that flow of investment that comes to you is one of the best games that you want to win for yourself. You want to just keep seeing keep making cash flow PRs. Keep making that investment account PR and hit records in that account. And if you get addicted to that game, if you can just do that from everything in this video, you've already won. And so, you want to automate deposits and manualize withdrawals. So, everything that is automatic in terms like your rent, you want to write it as a check. If you or drop it off as cash.

2:49If you have payments that you make like a car payment, as much as you're like, "Wait, this is going to cost time." The value that you get back for knowing exactly where you spend your money is going to make you more money than the 1 hour a month that you have to pay your bills. That is a promise. And so, that may also mean if you make it difficult to buy, well, then maybe you delete some of the apps in your phone. Maybe you don't save your credit cards on the sites that you tend to spend money on. You want to make it as hard as you can to spend money and make it as easy as possible to stack it. Real quick, if you're a business owner and you're not growing as fast as you'd like, I'd like to give you a free gift.

3:26So, my team and I put together the $100 million scaling road map, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through and more importantly, where they got stuck and how they got past it. And so, we broke it in these 10 stages and we made this little kind of quiz thing where if you put in your business information, it'll tell you where you're at and the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources, and finance. And so, no matter what you're struggling with, someone else has already struggled with it and solved it. And so, I'd like to give you this thing absolutely free. You can go to acquisitions.com/roadmap, plug in your business information, and if you want us to actually help you deconstruct the business and you're trying to scale, we'd love to help you out. On the thank you page, you can just book a call with my team and we will look at the business, see if we can help, and if we can, we'll invite you out to Vegas and we'll do this in person live.