10 rules
Aug 10, 2021•15 min
Episode description
- The way to get ahead is to make money like a rich person and live like a poor person for 3 years. The way to get rich is to do this for 5 years. The way to get wealthy is to do this for 10 years. I know plenty of people who make $20k a month and are flat broke.
- Pick a vice. If you make more money, it's perfectly normal and healthy to reward yourself. Pick one-trips, partying, a cool car, dining out, etc. And know it's a reward. Where people get into trouble is car + clothes + partying.
- The more you make, the more you will get leeched on. This sounds shit, but it's true. I was a generous person and my generosity got taken advantage of. Do not be an unnecessary target.
- Create an income stream. I don't care if it's $100 month. Create an income stream.
- Understand there are 100 people at party. 95 send checks. 5 collect them. You want to be in that 5.
- If you buy real estate, buy the shittiest house in the nicest neighborhood. Rich people want to live around other rich people.
- Don't tell your bosses/coworkers how much btc you have. Your boss will hate you if you are richer than she/he.
- Stay away from drugs and escorts. I've seen people ruin their lives over this. Just say no.
- Don't be an asshole. Bad karma.
- If you have tons of money, help the people who helped you on the way up. A gold rolex and baller penthouse won't make you happy. Giving your parents a vacation or car will.