High-Income Skills and Wealth Building: A Comprehensive Guide - podcast episode cover

High-Income Skills and Wealth Building: A Comprehensive Guide

Oct 10, 20232 hr 28 min
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Episode description

Welcome to a brand-new episode of "The Secret To Success"! 🎙️ In this enlightening installment, we're diving deep into the world of High-Income Skills and Wealth Building in our comprehensive guide, recorded on September 19, 2023. 💰✨


We kick things off by unraveling the mysteries of "Putting Money Into Savings." 💼💡 Is saving money a one-size-fits-all solution? We explore the nuances of this financial practice, emphasizing the importance of strategic saving. Learn how a savings account can be a powerful tool, storing your hard-earned cash until the perfect opportunity arises to buy low and sell high. 📉🏡 We reveal the truth that money only has value when it's in motion, transforming the way you view your savings account. 💸🔄


Ever wondered what sets millionaires apart from billionaires? 🌟💼 Tune in to discover how industry control plays a pivotal role in building immense wealth. 🏭💰


But that's not all—our episode is packed with practical wisdom. We explore the concept of "You Do Not Need All Your Expenses," with two fundamental rules: stop borrowing unless it's for an income-producing asset, and adopt the mindset of living within your means. 💳💡


Uncover the secret to multiplying the elusive $750, breaking free from the constraints of the $250. 🚀💪 Discover the transformative power of paying for access, unlocking invaluable resources and mentorship that lead to knowledge and relationships – the keys to financial prosperity. 🤝📚


And if you're wondering how to increase your income to accumulate more 750s and 250s, we've got you covered. Learn the art of creating indestructible income streams and striving to be a master at controlling industries, knowing that your success will be compared to those who follow in your footsteps. 🌟🏭


To delve deeper into the 36 high-income skills that can reshape your financial future, check out the link below: 


🔗 [36 High Income Skills Anyone Can Benefit from Learning this Year](https://www.gentlemanwithin.com/best-high-income-skills/)


Join us as we explore these high-income skill sets and remember the essential principles of staying hungry and staying humble on your path to success. 📖🌟 #TheSecretToSuccess #HighIncomeSkills #WealthBuilding



Here are the notes from this class:

High-Income Skills and Wealth Building: A Comprehensive Guide

9/19/23


Putting Money Into Savings

  • Do not save money, but don’t make it a blanket statement
  • Anything can attack your savings
  • Use your savings account to store money until the market dips 
  • Buy low, sell high
  • Use that money to buy a 4-plex
  • A savings account has no value because money has no value unless it’s moving
  • When you’re getting ready to make a large purchase, the bank will look to see the cash you have; that’s when you need a savings account


  • Millionaires make money; billionaires control industries


You Do Not Need All Your Expenses

  1. Stop borrowing
  • If you’re not borrowing to get an income-producing asset, stop borrowing 
  1. Whatever you have, act and look like you have 1/5 of whatever you have


How to Multiply the 750

  • You can’t multiply the 750 until you stop being a slave to the 250
  • You need to live a life off 50
  • One of the fastest ways to multiply your 750 is paying for access
  • It’s not money you need right now; it’s resources
  • Once you pay for access (that comes with mentorship), you begin to gain knowledge and relationships that lead to money
  • Create indestructible income


How Do I Increase My Income to Get More 750s and 250s

  • Crete indestructible income
  • The goal is being good at controlling industries
  • You’re going to be compared to other companies that come behind you 
  • Start multiplying 250/month
  • Go from $250/month to $2,500/month
  • Learn a high-income skill set or buy someone who has high-income skill sets


36 High Income Skills Anyone Can Benefit from Learning this Year

https://www.gentlemanwithin.com/best-high-income-skills/


High-Income Skill Sets

  • Stay hungry
  • Stay humble


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High-Income Skills and Wealth Building: A Comprehensive Guide | The Secret To Success with Antonio T Smith Jr podcast - Listen or read transcript on Metacast