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When I was poor I started making decisions as if I was middle class.
I started budgeting my money, looking at houses & cars, even test driving as if I could afford it
I changed the habits I was taught that made my family poor & what do you know..
I moved into the middle class
I started budgeting my money, looking at houses & cars, even test driving as if I could afford it
I changed the habits I was taught that made my family poor & what do you know..
I moved into the middle class
When I got into the middle class
I started making decisions & carrying myself as if I were upper middle class / a 1%er
I changed the habits that keep people at the bottom of middle class
Hyper consumption
Consumer debt (CARS + credit cards)
Mindless entertainment
Etc
I started making decisions & carrying myself as if I were upper middle class / a 1%er
I changed the habits that keep people at the bottom of middle class
Hyper consumption
Consumer debt (CARS + credit cards)
Mindless entertainment
Etc
It’s all starts with a mindset
You’re either taught it, or you develop it later on it life.
You have to develop the ability to delay gratification
You don’t plant the seed and get the shade at the same time
“Both poverty and riches are the offspring of thought”
You’re either taught it, or you develop it later on it life.
You have to develop the ability to delay gratification
You don’t plant the seed and get the shade at the same time
“Both poverty and riches are the offspring of thought”
If you have an extra $1,000 in you pocket
99% of everyone will do 1 of 2 things
1. Save it (20% of people)
2. Spend it (79% of people)
You know what the other 1% will do
Find a way for that $1,000 to make them more money
(My style of doing this is buying products to resell)
99% of everyone will do 1 of 2 things
1. Save it (20% of people)
2. Spend it (79% of people)
You know what the other 1% will do
Find a way for that $1,000 to make them more money
(My style of doing this is buying products to resell)
What is instant gratification in a real world situation
I take my extra $1,000
Buy a trip ticket to Miami ($350)
Get a hotel for 2 nights ($230)
A pair of shoes ($100)
I have $320 to party and club
My Instagram and Snapchat would be lit this weekend
Lots of dope memories
I take my extra $1,000
Buy a trip ticket to Miami ($350)
Get a hotel for 2 nights ($230)
A pair of shoes ($100)
I have $320 to party and club
My Instagram and Snapchat would be lit this weekend
Lots of dope memories
Side note
I’ve done this plenty of times, but it wasn’t major cities that I was flying to it was different countries
I’ve been to more countries than states.
Believe me it’s a good time.
But if I would’ve waited till after I had side hustle money, I could’ve did it bigger
I’ve done this plenty of times, but it wasn’t major cities that I was flying to it was different countries
I’ve been to more countries than states.
Believe me it’s a good time.
But if I would’ve waited till after I had side hustle money, I could’ve did it bigger
This is how you can take that $1,000
& make a move
Invest $1,000 in selling products
100 units x $10
Retail Price $55
$55 x 100 units = $5,500
- cost
$4,500 Profit
Keep in mind you’ll need money for marketing, let’s say you spend $800 to move 100 units
$3700 profit
& make a move
Invest $1,000 in selling products
100 units x $10
Retail Price $55
$55 x 100 units = $5,500
- cost
$4,500 Profit
Keep in mind you’ll need money for marketing, let’s say you spend $800 to move 100 units
$3700 profit
Where are you going to find products to sell?
http://www.alibaba.com
http://www.tradeindia.com
http://www.dhgate.com
Go here to connect w/ manufacturers that can produce/customize the products you want to sell
Clothes
Travel bags
Sunglasses
Vanity mirrors
Anything
http://www.alibaba.com
http://www.tradeindia.com
http://www.dhgate.com
Go here to connect w/ manufacturers that can produce/customize the products you want to sell
Clothes
Travel bags
Sunglasses
Vanity mirrors
Anything
If you’re worried about the supplychain or don’t have much money for inventory then you can also sell digital products
How to’s
Ebook
Cook books
Workout plans
Personalized budgets
Credit repair courses
These cost $0 to make
Then you can use
http://www.gumroad.com to sell them
How to’s
Ebook
Cook books
Workout plans
Personalized budgets
Credit repair courses
These cost $0 to make
Then you can use
http://www.gumroad.com to sell them
I’ve trained my mind to think about $ like this
$1,000
Poor mindset = Spend it
Low middle = Spend it
Middle = Save it
Upper middle = Invest in stock market, mutual funds, index funds
Top middle - Wealthy = Produce something that will bring you more income
Buy/create assets
$1,000
Poor mindset = Spend it
Low middle = Spend it
Middle = Save it
Upper middle = Invest in stock market, mutual funds, index funds
Top middle - Wealthy = Produce something that will bring you more income
Buy/create assets
This is what your $1,000 becomes after 1 year
Poor= $0
Low middle = $0
Middle = $1,000
Upper middle = $1,400
Top middle - Wealthy = $20k +
How did it become 20k +
If the profits are $3,700
You reinvest back into the business, the returns speed up
Marketing $, more products
Poor= $0
Low middle = $0
Middle = $1,000
Upper middle = $1,400
Top middle - Wealthy = $20k +
How did it become 20k +
If the profits are $3,700
You reinvest back into the business, the returns speed up
Marketing $, more products
That’s just the beginner step
Sell a product
Most people understand that concept after reading this thread
What’s next
Selling a service or information
Learn how to do things for people that benefit them, especially businesses because they have the money to pay you.
Sell a product
Most people understand that concept after reading this thread
What’s next
Selling a service or information
Learn how to do things for people that benefit them, especially businesses because they have the money to pay you.
The beauty of the Internet is that you can move from one social economic class to the next in a matter of months.
The faster you change your mindset the quicker you can climb.
You can go from making $30,000 per year to $300,000 the next year, there is no limit or cap
The faster you change your mindset the quicker you can climb.
You can go from making $30,000 per year to $300,000 the next year, there is no limit or cap
Making $300,000 per year
= $25,000 / month
Go to Miami and spend that same $1,000 that your friend spent
The difference is you are making nearly $1,000 per day and he/she happened to come across that $1,000
Enjoy your life and have fun but set yourself up for success first
= $25,000 / month
Go to Miami and spend that same $1,000 that your friend spent
The difference is you are making nearly $1,000 per day and he/she happened to come across that $1,000
Enjoy your life and have fun but set yourself up for success first
