If you follow this framework, gentlemen, you can't help but to succeed, because let me tell you something about life. Life is not about tactics and strategies.
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Life is about principles, and once you learn the principles, gentlemen, then you can apply them and the principles work themselves out. It's an equation, meaning that when you plug in the equation and you follow the formula, you get the result no matter what. That's why I teach principles. I don't want to teach tactics.
I want to teach principles. I want to change your life inside and out, and the only way that I know how to do that is to give you the guiding principles. The first thing that you must do, gentlemen, is get a high income skill. Develop a high income skill. What is a high income skill? A high income skill in my opinion is something where you can make six figures-plus doing, so what is a couple of high income skills?
Well, number one, if you are good copywriting, if you know how to copy write, which is basically persuading people through written words, sales pages, if you know how to write well, if you know how to do copywriting, you can make tons of money doing that.
That is a skill that you can develop. Sales is a high income skill. If you know how to sell, if you know how to persuade, if you know how to influence, you can make tons of money with something like that.
If you know how to leverage the power of social media marketing, if you know how to build companies and help them generate revenue through marketing dollars, that is a high income skill, guys. You can make a lot of money doing that. There's others, but you have to first develop a high income skill, and once you have the skill, guess what?
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Nobody's going to take the skill away from you because you have the skill. So that's number one, a high income skill. There's a couple of different types of business owners. You have a business operator, which he just owns a job.
You have a business owner, but really he owns a business, again another type of owning a job. Then you have an entrepreneur, and an entrepreneur, he's different. He knows how to build a team. He knows how to lead an organization. He didn't just create a job for himself. He's an entrepreneur, and there's a difference between a business owner and an entrepreneur, guys. You've got to develop a business that you can create recurring revenue off of.
You've got to start building your assets, and ideally an asset that you can get that will grow in equity and that will also give you cash flow, meaning every day or every month it's paying you out dividends. It's paying you cash because you own that asset, and it's growing in equity, meaning the asset is becoming more valuable as time goes on.
How The Wealth Triangle Will Multiply Your Income - Dan Lok
I think the best asset that anybody can own is probably in real estate. As a devout spiritual aspirant, dedicated health and fitness advocate, and peak performance business leader, Landon Taylor practices what he preaches and leads by example. Wealth and Prosperity 2. Live Below Your Means 4. Get Smart About Debt 5. Invest in Real Estate and Stocks 6. Know Your Net Worth 7. Be Politically Savvy 8. Be Physically Fit 9. Be Generous with People Less Fortunate Cost to Attend.
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