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The Equation To Create Wealth in 9 Steps
Use It And Change Your Life
/THREAD/
Use It And Change Your Life
/THREAD/
1. Add Location
Wealth creation is like real estate. Location matters
Find a place with
• Big network
• Many opportunities
• Constant innovation
There is a reason people were moving to SF for years and are now moving to Miami
Wealth creation is like real estate. Location matters
Find a place with
• Big network
• Many opportunities
• Constant innovation
There is a reason people were moving to SF for years and are now moving to Miami
2. Subtract Friction
The internet and unlimited information allows you to find opportunities without living in a big business hub
• Leverage social media
• Get into e-commerce
• Sell digital products
That way you reduce the location friction and can make money from anywhere
The internet and unlimited information allows you to find opportunities without living in a big business hub
• Leverage social media
• Get into e-commerce
• Sell digital products
That way you reduce the location friction and can make money from anywhere
3. Add Skills
Skills pay the bills
Make sure you acquire high-paying skills on high demand
• Sales
• Coding
• Analytics
• Copywriting
• Digital Marketing
• Cloud management
These will help you buy your ticket to financial freedom
Skills pay the bills
Make sure you acquire high-paying skills on high demand
• Sales
• Coding
• Analytics
• Copywriting
• Digital Marketing
• Cloud management
These will help you buy your ticket to financial freedom
4. Multiply By Focus
Avoid multitasking and focus on things that are
• Important
• Impactful
• Valuable
Use the 80/20 rule and devote 20% of your time to the tasks that will yield 80% of the results
Then double down on them
Avoid multitasking and focus on things that are
• Important
• Impactful
• Valuable
Use the 80/20 rule and devote 20% of your time to the tasks that will yield 80% of the results
Then double down on them
5. Multiply By Preparation
Make sure you are prepared for any future opportunities
• Improve your skills
• Expand your network
• Increase your discipline
Luck is when opportunity meets preparation
Make sure you are prepared for any future opportunities
• Improve your skills
• Expand your network
• Increase your discipline
Luck is when opportunity meets preparation
6. Subtract Dopamine
Avoid consuming social media content just to get short-term pleasure and instant gratification
Be an active creator, not a passive consumer
Delay gratification and you will be definitely rewarded
Avoid consuming social media content just to get short-term pleasure and instant gratification
Be an active creator, not a passive consumer
Delay gratification and you will be definitely rewarded
7. Add Discipline
Talent and intelligence will lead you nowhere without consistency and discipline
Show up every day even when you don't feel like it
Manage your investments without being influenced by others and stick to your plan
Talent and intelligence will lead you nowhere without consistency and discipline
Show up every day even when you don't feel like it
Manage your investments without being influenced by others and stick to your plan
8. Multiply By Diversification
Diversify your
• Investment portfolio
• Income sources
• Network
Never put all your eggs in one basket
Diversify your
• Investment portfolio
• Income sources
• Network
Never put all your eggs in one basket
9. Raise In The Power Of Time
Use the power of compounding for your
• Life
• Skills
• Knowledge
• Investments
Success is the compounding of your daily habits
Use the power of compounding for your
• Life
• Skills
• Knowledge
• Investments
Success is the compounding of your daily habits
To Summarize:
1. Add Location
2. Subtract Friction
3. Add Skills
4. Multiply By Focus
5. Multiply By Preparation
6. Subtract Dopamine
7. Add Discipline
8. Multiply By Diversification
9. Raise In The Power Of Time
Use this equation and skyrocket your life and wealth
/END/
1. Add Location
2. Subtract Friction
3. Add Skills
4. Multiply By Focus
5. Multiply By Preparation
6. Subtract Dopamine
7. Add Discipline
8. Multiply By Diversification
9. Raise In The Power Of Time
Use this equation and skyrocket your life and wealth
/END/
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• Finance
• Investing
• Stock market history https://twitter.com/itsKostasOnFIRE/status/1345790210441928708?s=20
• Finance
• Investing
• Stock market history https://twitter.com/itsKostasOnFIRE/status/1345790210441928708?s=20
