How to ACTUALLY Build Wealth in 2024
Summary
TLDRThis video introduces a paradigm shift in wealth accumulation, emphasizing the concept of 'levered wealth' over personal bank balance growth. The speaker shares his journey from 5K to 5 million, advocating for leveraging influence and systems to access others' money for exponential growth. He contrasts personal wealth's linear growth with the exponential potential of leveraged wealth, highlighting the importance of building a personal brand, creating valuable content, and developing a network for resilience and anti-fragility in financial endeavors.
Takeaways
- 💡 The speaker emphasizes that building personal wealth is not the only path to becoming rich; leveraging other people's money can be a more effective approach.
- 🚀 The concept of 'levered wealth' is introduced, which is the ability to influence or command money from other people's bank accounts, rather than just accumulating one's own.
- 💼 The speaker contrasts personal wealth with levered wealth, highlighting that the latter can be a more scalable and faster way to accumulate wealth.
- 🤔 The importance of having the ability to generate income quickly from various sources is stressed, as opposed to relying solely on a personal bank balance.
- 🔑 The video suggests that building a personal brand, reputation, and influence can provide a level of anti-fragility, allowing one to bounce back from financial setbacks.
- 🏆 Examples are given, such as a gold digger or Jeff Bezos's ex-wife, to illustrate how individuals have amassed wealth through leveraging other people's money.
- 💼 The speaker argues that business is fundamentally about leveraging influence and control over other people's money, rather than the product or service itself.
- 💡 The video points out that focusing on personal wealth growth can be limiting, as it often comes from a single source and does not scale well.
- 🌐 The power of digital content and social media is highlighted as a tool to scale influence exponentially, which can lead to significant levered wealth.
- 🛑 The speaker warns against the vulnerability of relying solely on personal wealth, suggesting that it can be lost and is harder to recover from compared to levered wealth.
- 🛠️ The conclusion encourages viewers to focus on acquiring leverage over other people's money, building a personal brand, creating valuable content, and developing skills and networks that provide opportunities.
Q & A
What is the main concept discussed in the video?
-The main concept discussed in the video is the idea of 'levered wealth' versus 'personal wealth'. The speaker argues that building leverage over other people's money can lead to wealth faster than simply trying to grow one's personal bank balance.
How does the speaker claim to have increased their net worth?
-The speaker claims to have increased their net worth from 5K to over 5 million USD in 3 years by focusing on crypto and online businesses, emphasizing the use of leveraged wealth strategies.
What is the difference between 'personal wealth' and 'levered wealth' according to the video?
-Personal wealth refers to the money one has in their own bank account, while levered wealth is the ability to influence or command money from other people's bank accounts, often through business, brand influence, or personal reputation.
Why does the speaker suggest that focusing on personal bank balance growth is not the best approach to wealth accumulation?
-The speaker suggests that focusing on personal bank balance growth lacks the leverage that comes with influencing other people's money. Levered wealth allows for more significant and faster results due to its potential for scalability and influence.
What example does the speaker give to illustrate the concept of 'levered wealth'?
-The speaker gives the example of a gold digger who, despite having little personal wealth, can live a luxurious lifestyle by leveraging the wealth of those they associate with, such as millionaires and billionaires.
How does the speaker define 'anti-fragility' in the context of wealth?
-In the context of wealth, 'anti-fragility' is defined as the ability to bounce back from financial setbacks quickly and easily, often due to the leverage and influence one has over other people's money, rather than relying solely on personal wealth.
What is the significance of building a personal brand and reputation according to the video?
-Building a personal brand and reputation is significant because it allows an individual to have influence and leverage over other people's money. This can lead to opportunities for business, investment, and sales, which can scale wealth exponentially.
Why is influence and leverage considered more valuable than the actual product or service in a business transaction?
-Influence and leverage are considered more valuable because they represent the ability to convince people to part with their money. The product or service is a means to an end, but the real value lies in the power to attract and retain customers' financial support.
What is the role of content creation in building 'levered wealth'?
-Content creation plays a crucial role in building 'levered wealth' as it allows individuals to scale their influence exponentially. By creating valuable content, one can attract a large audience, which in turn can lead to increased sales, business opportunities, and overall wealth.
How does the speaker suggest one can recover from a total financial loss?
-The speaker suggests that one can recover from a total financial loss by leveraging their skills, network, personal brand, and influence. These intangible assets can be used to attract investment, start new businesses, or find high-paying jobs, allowing for a quick recovery.
What is the key takeaway for viewers who have been solely focused on growing their personal wealth?
-The key takeaway is that they should consider shifting their focus to acquiring leverage over other people's money by building a personal brand, creating valuable content, and developing systems and skills that can scale their influence and income potential.
Outlines
💡 Leveraged Wealth vs. Personal Wealth
The speaker introduces a new concept of wealth accumulation, contrasting personal wealth with leveraged wealth. They share their personal journey from having a small personal bank balance to achieving significant net worth through crypto and online business. The main point is that traditional personal wealth building is not the only or most effective way to get rich. Instead, leveraging other people's money through influence and business acumen can lead to faster and more substantial financial success. The speaker emphasizes the importance of mindset and approach in wealth creation, suggesting that leveraging wealth can provide a level of anti-fragility and rapid recovery even in the face of financial setbacks.
🚀 The Power of Influence and Leverage in Wealth Building
This paragraph delves deeper into the concept of leveraged wealth, using examples like gold diggers and Jeff Bezos's ex-wife to illustrate how individuals can accumulate wealth without personal funds, but through the influence over others' money. The speaker argues that building personal wealth is limited by the number of working hours and the scalability of income, whereas leveraged wealth can grow exponentially through influence and business. They stress that business is fundamentally about leveraging one's brand or personal influence to convince others to part with their money, and that this is a more potent strategy for wealth creation than focusing solely on personal savings and investments.
🔄 Transitioning from Personal to Leveraged Wealth
The speaker discusses the transition point from focusing on personal wealth to leveraged wealth, suggesting that individuals with less than a certain net worth should prioritize building influence and leverage. They use the analogy of a sliding scale of wealth to emphasize that having a small personal bank balance is akin to being financially vulnerable. The paragraph also touches on the idea that once a certain wealth threshold is reached, the focus can shift back to growing personal wealth, as the leveraged wealth has already provided a substantial safety net. The importance of recognizing and seizing opportunities to scale wealth through leverage is highlighted.
🛡 Achieving Antifragility Through Leveraged Wealth
In this paragraph, the speaker explores the concept of antifragility in the context of wealth, using personal anecdotes and examples such as the story of BitBoy Crypto to demonstrate how leveraged wealth can provide a safety net against financial ruin. They argue that while personal wealth can be lost, the skills, network, and influence that constitute leveraged wealth are enduring and can facilitate a rapid recovery from financial setbacks. The speaker emphasizes that true antifragility comes from having abundant opportunities and the ability to bounce back from zero, which is more easily achievable when one has built significant leverage and influence.
🌟 Harnessing the Potential of Leveraged Wealth
The final paragraph summarizes the key points of the video, urging viewers to reconsider their approach to wealth accumulation. The speaker highlights the importance of building a personal brand, creating valuable content, hiring to scale operations, and developing systems and skills that can generate income at scale. They stress that leveraging other people's money through influence and business systems is the key to achieving significant wealth and that focusing on personal wealth alone can limit growth potential. The speaker concludes by encouraging viewers to explore opportunities for leveraged wealth and to shift their focus from linear growth to exponential wealth creation.
Mindmap
Keywords
💡Leverage
💡Personal Bank Balance
💡Net Worth
💡Influence
💡Online Business
💡Crypto
💡Wealth
💡Antifragility
💡Lever Wealth
💡Personal Wealth Growth
💡Content Creation
Highlights
The speaker introduces a new concept of wealth accumulation that contrasts personal savings with leveraging other people's money for wealth creation.
The concept is claimed to be rarely discussed online, yet it has been instrumental in the speaker's journey from a $5K net worth to over $5 million.
The video focuses on online business strategies for wealth creation outside of cryptocurrency investments.
A shift in mindset is proposed, suggesting that increasing personal bank balance is not the optimal path to wealth.
The speaker emphasizes the importance of leveraging other people's money as a superior method for wealth creation.
The difference between personal wealth and leveraged wealth is explained, with examples of how leveraged wealth can be utilized.
The ability to command money from thin air is presented as a key advantage of having leveraged wealth.
Personal anecdotes are shared to illustrate the ease of rebuilding wealth with leveraged wealth, even after a complete loss.
The speaker argues that business is fundamentally about convincing people to give you their money through value exchange.
Influence and leverage over others' bank accounts are identified as the core assets in business valuations.
The video discusses the challenges of selling a personal brand due to the difficulty of transferring personal influence.
A comparison is made between growing personal wealth and leveraging wealth, highlighting the scalability and speed of the latter.
The concept of 'lever wealth maxing' is introduced as a strategy for rapid wealth accumulation through influence and leverage.
Examples are given, such as a gold digger or Jeff Bezos' ex-wife, to illustrate the power of leveraged wealth.
The speaker warns against the vulnerability of relying solely on personal wealth and the lack of anti-fragility it provides.
The importance of building a personal brand, influence, and systems for long-term wealth creation is emphasized.
The video concludes by urging viewers to consider the benefits of leveraged wealth over personal wealth accumulation.
Transcripts
I want to talk to you guys in this video
about A New Concept that I came up with
yesterday and what you're going to find
is that no one online talks about this
but this lesson allowed me to go from
having 5K to my name 3 years ago to
having over5 million us do net worth
from crypto and online business but this
video today specifically is a video
about the online business space it's
about making money outside of crypto so
if you're just a crypto dude who just
wants to make money on shitcoins this
video is not for you this is for people
who are more serious about wealth and
want to make it from ways other than
just market-based speculation who maybe
want to build a business and they
haven't been able to so far someone who
maybe wants to take the right career
path but basically just getting Rich As
outside of crypto is what this
video is going to be about and the
lessons that I've leared from the money
that I've made in this side of the world
so what you've probably done for most of
your life is you have tried to make your
own money you've tried to increase the
size of your personal bank balance and
up until now you probably thought that
was a good idea the key to getting rich
is to build your personal bank balance
what I'm going to tell you in this video
is that that's actually the wrong way to
do things it's the wrong mindset and if
you adjust the mindset and the approach
of what I'm going to teach you in this
video it's going to allow you to get
results similar to what I have been able
to get myself because you're going to be
able to approach money from a way which
has significantly more leverage and
which allows you to get significantly
faster results because you're focusing
on the correct things there's two
different ways that you can have money
you can have your own money or you can
have a leverage over somebody else's
money and they're basically the same
thing if you have $0 in your bank
account but tomorrow you can launch a
product or an offer and make a million
dollars from other people's money what's
the difference you're still a
millionaire even if you have Zer because
tomorrow you can command money out of
Fit air ask yourself a question if you
had to pull together $10,000 tomorrow
either from borrowing money from
launching a product from making money
from something could you do it the
answer for most people is no because
what they have is they have a bunch of
personal money but they have zero
levered wealth if I had to pull together
a million dollars tomorrow it would be
very easy and I could do it with a click
of thinger because I've built such
leverage with my own personal brand and
my personal situation with report that
I've buil the reputation that I have the
attention that I have online that it
would be very easy to do so what this
creates for me is a level of anti
fragility with my own personal situation
obviously this wouldn't happen but if
0.01% chance scenario happens where I
lose everything I can be back at a
million dollars in a few months easily
because I've built leverage and I have
an audience and I have what's called
lever wealth I have influence over other
people's money and I don't say it in a
way of stealing money of like robbing
people but I mean it in a way of that
business at the end of the day is not
about making money it's about convincing
people to give you their money it's
going up to someone and saying I have
this you have money I want to swap it
for this value and eventually you swap
enough things you have significant money
and that's what business is business at
the end of the day is just a brand
product or an individual's leverage or
influence over other people's bank
accounts the reason why Apple a company
the reason why Mr Beast the YouTuber can
sell what they have their business their
brand for lots of money is because that
brand has built up influence and
leverage over millions of people's bank
accounts if Mr Beast tomorrow says buy
this millions of people are going to buy
it because he has leverage and influence
over those people's bank accounts and
that's what you buy when you buy a
business you're buying leverage and
influence that's all it is you're not
buying a product you're buying the
leverage and the influence now obviously
if you bought Apple you're obviously
buying the employees the systems but at
the end of the day it's all useless if
you don't have leverage and influence
like I said when a business is sold it's
the transferral of influence you're
buying the easy ability to make money
from other people who already sort of
like what you're doing now this is why
it's actually tricky to sell a personal
brand because if someone likes a person
you can't sell yourself if I want to
sell my business which is me it would be
very difficult because you guys like me
how do you sell me doesn't really work
but if you like apple you can sell Apple
Apple's an entity not a person entities
can be transferred so what I want to
make clear here is that there is two
types of wealth and your whole life you
have been told to build up your personal
bank balance and I doubt many people or
anyone have told you to build up your
levered wealth the influence that you
have over other people's money I doubt
anyone's told you about this and this is
why most people don't make money because
they don't learn the correct approach to
money because the difference between
having your own money and having money
in other people's bank accounts which
you can bring into your own by
presenting the right offer by launch a
new business new product new clothing
it's the same you just have to do a
little bit more work to get it and if
you've never launched a business this
probably doesn't fully make sense to you
but to anyone watching this video as a
business owner I guarantee you 100%
understand what I'm saying you go yep
tomorrow I run a clothing brand I could
launch a new line I could do 20K in
sales tomorrow I understand what
Daniel's saying so it's basically the
same thing your money Leever money same
thing just one extra step to get it I
want to give you an example of a unique
case of someone who would be using lever
wealth to get significantly wealthy a
gold digger these girls don't have any
money when you see the girl in Dubai and
she's on the yachts and she's
wearing all the designer and all this
she will have
$57.50 in her bank account she'll be in
Dubai and a Lamborghini and the reason
she can pull this off is because she is
using other people's money to be able to
live a lifestyle she has nothing in her
personal bank balance but she has
levered wealth in the form of
millionaires multi-millionaires and
billionaires that she Associates with
that spend money on her so she can live
the life that she wants without having
any money because she focuses on
Building levered Wealth now obviously
I'm not saying you should become a gold
digger but I'm showing you an example of
how an individual who isn't even
probably that smart just sexy can make a
lot of money or essentially have a lot
of money and live the lifestyle they
want through other people's wealth by
taking other people's money another
example a better one would be Jeff bez's
wife she didn't have money before she
met him as far as I'm aware now she's
worth $34 billion I mean whatever money
she had before she met him is nothing
like what she has now she took half of
Jeff bezos's money she had levered
wealth because it was wealth that was in
Jeff bezos's bank account and if she's
married she technically ears 50% of it
so all she has to do is get a divorce
and that money is now hers I'm not
saying saying that it's ethical or that
she was planning for this but it's an
example of how an individual became
worth $34 billion through having someone
else's money come into their personal
balance it's funny because it's just
showing you the difference between
focusing on building personal wealth and
building lever wealth now I'm not trying
to say that you shouldn't try to grow
the money that you have in your bank
account I'm not saying you shouldn't
take 100 Grand and put it in the crypto
and try to grow it but what I'm trying
to open your eyes to is that there's
more ways to make money than what you
probably think and that no one has
probably told you this before and that's
why it would be insightful for you okay
so let's talk about a comparison of
maxing out your personal wealth and
maxing out your lever wealth and how
that looks so if you max out your
personal wealth growth your wealth
generally comes from One Source you've
got a boss you got a 9 to-5 job if
you're growing your personal bank
balance and that's what you're focused
on you generally just have this one
income Source now if you have one income
Source you can't scale your income
because generally your hours work is
tied to the money that you make if I
work at McDonald's I can't work at
McDonald's Hungry Jacks and KFC because
I can only be in one place at the same
time I only have 10 hours in a day that
I can work so you can't scale your
income if all you're trying to do is
just get money into your bank account
then it's hard to scale your income the
difference between personal wealth
maxing and lever wealth maxing is that
in your personal bank account you can
only grow it so quickly but if you're
focused on growing the wealth you have
that is from other people's bank
accounts you're able to grow it
significantly faster through leverage
and influence and also if you're trying
to grow your personal bank ballot let's
say you have 50k in the bank and your
path to wealth is becoming a millionaire
from markets but you literally have 6
months of crypto experience you're
trying to go and become wealthy from
making money in the markets when you
don't even know how to invest
you know it takes like 2 three four
years for 95% of crypto guys to start
making money and a lot of people come in
with 6 months of experience and they
think that oh yeah I'm just going to
focus on growing my personal wealth I
have very little crypto experience so
I'm just going to pull it off probably
not so that's the problems with focusing
too hard on personal wealth now let's
say you're now Jeff bez's wife you got
$34 billion she never has to look at
lever wealth again she can just focus on
growing her personal wealth till the day
she dies and she will be fine but
there's a line where you cross there's a
certain amount of money that you
personally accumulate where working for
more money in levered well form doesn't
make sense where just growing your own
personal pot is actually the highest Roi
weight if you got $100 million just grow
that you don't need a job you don't need
a business just grow your 100 Mil that's
fine if you've got $50,000 in your bank
account personal wealth is the last
thing you should be worried
about you should be worried about maxing
your lever wealth in the grin scheme of
wealth you have 50k you are very close
to the guy that's homeless if you're
comparing it to all the different
spectrums of wealth if you were to put a
sliding scale of wealth this is homeless
and this is billionaire and you've got
50k you're one step from homeless it's
probably about here that you can shift
from being a lever wealth guy to a
personal wealth guy because for example
let's talk about lever wealth maxing and
what that involves if I am focused on
the growing of wealth through my ability
to have other people send me money so if
I get enough influence I can technically
influence millions of people to want to
give me their money let's say I launch a
clothing brand and I post a bunch of
videos of these cloes and enough people
see these cloes on their Tik Tok and
Instagram millions of people will
eventually want to buy my clothes so all
I need to do is sell them a shirt
millions of people buy it I've now done
a swap I now have that money obviously
it's easier said like that than it is
actually done in reality but that's how
this works most people who've made all
the wealth in all of human history did
it through levered wealth it wasn't from
personal wealth it was from levered
wealth that's how you get your first 10
m from levered wealth it's how most
people made their money and income can
scale infinitely depending on how much
leverage you can build right so for me
like the businesses that I run or the
businesses that any person runs the more
attention they can get the more
customers they can get influence can
scale exponentially as well because you
can go viral online if you create
Sensational viral content influence is
exponential now you're not CT by the
hours that you work in a day so for
example if I put out a YouTube video or
if Iman godi puts out YouTube video and
you get thousands or hundreds of
thousands of views what you are
basically doing is with each piece of
content which gives value to the viewer
you are one step closer to owning a
higher percentage of a potentially
infinite sum of other people's bank
accounts let's read that again because
that's probably the most important
sentence of this whole thing each piece
of content that you create which gives
value to obviously another person brings
you one step closer to earning a higher
percentage of a potentially infinite sum
of other people's bank accounts this
video here as a random example 7,000
people watch watched it and they are now
all more likely to want to get involved
with stuff that I'm doing whether they
want to join my course or whether they
want to learn how to invest with me it
just brings people one step closer to
wanting to get involved in my circle of
influence and that's the power of
focusing on lever wealth if I try to
grow the 50k in my bank it's linear
growth it's only the 50k that's growing
when I post content online or anyone
posts content online I'm growing the
bake balance of a thousand different
50ks because each video gets me a step
closer to getting that money when you
focus on building leveraged wealth which
is basically just acquiring influence
over other people's money at scale you
can lose literally everything and be
totally fine as all you need to do is to
take money from other bank accounts you
have influence over so let's say
tomorrow I lost everything my Banks got
shut down lost my ledger got hacked
everything's gone I can get back to
having a lot of money very quickly
because I have skill sets I have the
ability to make people money make myself
money I have skill sets in terms of
maybe I can work in someone else's
business maybe someone gives me equity
in a company I'm very good at sales so
maybe I go work in a company doing sales
there is no such thing as being on the
bottom or being stuck or being poor in
my situation because I have so much
levered wealth that it's just literally
impossible you can get robbed of all
your personal wealth but no one's taking
your levered wealth it's impossible it
can't be taken the influence that you
have the skills that you have the
network that you have cannot be taken
from you and that is the true form of
antifragility are you antifragile is
there something that can't be taken away
from you can you survive a total nuke
wipe out of everything going away from
an anti fragility sense focusing on
levered wealth gives you personal power
over your situation that you can survive
anything imagine you're a millionaire
but you made a million dollars because
you bought a mortgage 30 years ago and
your house appreciated at 10% a year and
you have 80% of your net worth in a
house that's a liquid that you lose 10%
on when you even go to sell it and you
only have 20K in the bank but you're a
millionaire if you lost everything you'd
be because how did you make all
your money well it's personal wealth how
much lever wealth do you have well you
worked a 9 to5 and you could get another
9 to5 and you could make 6 ,000 a year
again and you could slowly get back to
where you are in 40 years from now oops
but you're dead in 40 years oh well
that's a shame so when you focus too
much on the personal side when you're
poor it you over because you have
no leverage you lose everything you're
back at square one there's nothing on
the back end that can bring you back
let's give you an example of someone who
has levered wealth who even though
everything was taken away from him
bounced back like it was nothing so for
example bitboy he had his own YouTube
channel one of the biggest crypto
YouTube channels but he partnered up
with guy a couple years ago and they
launched the YouTube channel but that
guy owned the business which was the
YouTube channel and one day bit boy did
a bit of cocaine went a little crazy and
then the guy who ran the business said
hey Bit boy you're just a fat druggie we
don't want you on the channel anymore
goodbye he lost his own YouTube channel
that was branded in his name he lost his
entire income Source but you know what
all he had to do was create a new
YouTube channel look bit boy in a few
months he's already back at 100K
subscribers he lost his income Source he
lost his business he's fluence and it's
back again because people recognize his
name he has influence that cannot be
taken away from him he still had the
influence over other people's bank
accounts and that allowed him to bounce
back from zero with ease all they had to
do was make stupid videos in a
little recording studio yapping a bunch
of and there's enough idiots
that still like him that will give him
money in some form right he's got stake
as a sponsor a bunch of idiots sign off
a steak do some gambling boom now he's
back back from the bottom most people
are not like bit boy most people lose
their jobs and then their entire income
source is gone just like boy but there's
no leverage they can't get a job back
easily maybe they've got a good little
job thing on their resume but if the job
Market's tough the job Market's tough
and even if you get a job back is it
going to be paying you as much as the
last job and also if you lost your job
you lost your 5K a month so you're
getting another 5K a month so even if
you get a job back you're still at the
bottom bit boy could have been making
100K month and he lost it getting 100K
month back once you've lost it is
actually not that hard for him he's
probably making at least 30 50k a month
from his YouTube channel he's probably
still doing well so you can see here
that losing everything when you focused
on lever wealth versus losing everything
when you focused on personal wealth you
have much more anti fragility when you
focused on the former and you're much
more vulnerable when you focused on the
latter you have a lot less options
because you've built no leverage and
you've built no influence the real
antifragility so many people they try to
protect themselves against recessions
and things going wrong from buying gold
they put a bunch of money in a savings
account they buy some houses they don't
start a business because it's risky
we're in a recession they're focusing on
maxing out the personal wealth where do
they put their personal money they're
really focused on this this is the thing
they're always trying to protect but
they're never focusing on protecting
this or growing this right but this is
what like we just said gives you the
anti fragility to survive whatever the
goes wrong like I said I could lose
everything but because I've got skill
sets Network personal brand influence
can always come back stronger than ever
I could launch a new business and
immediately get customers I could raise
seven figures for an investment fund I
have a bunch of friends who make between
20 to 300K month online from businesses
the main thing they need is sales and
marketing that's what I'm good at so if
I ever needed a job that pay 102k month
boom instantly just call some friends up
done they know what I'm capable of I can
always bounce back from zero so anti
fragility comes from that abundance of
opportunity if goes wrong do you
still have good options available do you
still have backups it's not just from
the protection of the wealth that you
have from the abundance of the
opportunities that you can have access
to if things go wrong so it's sort of
like two sides of the coin I guess you
could say so let's summarize what I've
been saying here in conclusion how can
you utilize this to make money lever
wealth is how majority of whoever got
rich made their wealth most people have
no idea about this and they just focus
on growing their personal wealth most
people they just go to a job they save a
bunch of money and then they invest it
but there's nothing that they do in
regards to leverage and it's the
leverage which is where the money is how
can I work 5 hours a day and someone
else can work 10 hours a day but I can
make 50 times more than them it's
because the way that I make money has
leverage because I have employees
because when I work 5 hours I make a
video that gets 5,000 views which then
converts people at scale to buying from
own business that's focusing on lever
wealth when you focus on personal wealth
things scale linearly it's not the same
personal wealth is like
this Leever wealth is like a
exponential Parabola there is very
minimal difference between my money or
your money and then someone else's money
when you have influence over it it's
just one step from being yours digital
content allows you to scale influence
infinitely to make obscene levered
wealth That's The Power of social media
that hasn't existed ever that's the
power of content you can make a video it
gets a lot of views because thousands of
people are watching it simultaneously
you scaled the influence that you able
to attain and then you can make lever
money the true Andy fragility comes from
the abundance of opportunities not from
the safety of a few and business is
simply the ownership of influence and
leverage of other people's bank accounts
by Central entities it's just leverage
influence and then obviously systems and
teams and whatever else so let's go back
to this end point here if you've watch
this video and you've realized that
you've just been focusing on growing
your bank account then you probably
realized that you've been focusing on
the wrong thing at least at the wrong
time right maybe you need to get a bit
more money together and then you can
focus on this the key for most people
who have less than $10 million who
aren't afraid of building a business and
focusing on activities which give you
Leverage is to focus on acquiring
leverage over other people's money
building a personal brand creating
content that gives value to other people
hiring people to do work to scale your
time Building Systems that automate
things that used to take time for you
building skill sets that people pay you
lots of money for having a network where
there are opportunities available to you
that other people can't get because they
are not connected as well as you build a
reputation where people are willing to
pick you over someone else for a certain
task or a business because of the name
that you've created around yourself
these are all examples of ways that you
can gain leverage to be able to make
obscenely more money than someone who
focuses purely on a linear growth path
of personal wealth thank you guys for
watching this video I hope you found it
useful if you would like to see more
videos that are not as crypto related
and are more focused on stuff like this
let me know in the comments below cheers
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