How To Get Rich - Explained In 16 Minutes

"those are the three assets that have built more wealth than anything else. I invest my money in other places as well. I invest my money in startups. I have some money in cryptocurrency. I own some physical gold, but these are much smaller pieces of my portfolio. When I started investing my money outside of my business, the bulk of my investments went into stocks and real estate because those are the time tested assets that have built more wealth than anything else over the last century."

"for me my goal has always been cash flow because I like this idea of me buying an asset and getting paid without having to sell my investment."

"my first rental property paid me somewhere between 250 to $300 in profit. I give you a range because some years it would be more profit, some years it'd be a little bit less profit, but the first property paid me $250 to $300 a month in profit after all my expenses and that was pure cash flow. Then when I bought my second, it was another $300 or $350 a month and on and on and on."

"how could I buy more dividend paying ETFs that way now I can just keep stacking the cash flow that way I get these quarterly dividend checks from my ETFs and I get the monthly cash flow from my rental properties."

"If you want to really become free the key is now you cannot spend all that money is you got to spend less than what you earn."

"you got to earn more money strategically that way you can use your money to become wealthy and then as you earn more money invest more aggressively."

"when I started investing my money outside of my business the bulk of my investments went into stocks and real estate because those are the the time tested assets that have built more wealth than anything else over the last century"

"what wealthy people realize is I want my investments to grow more than my income because my investments can grow exponentially faster than my income can."

"my goal was I'm going to buy this investment whether it's a rental property whether it's dividend paying stock dividend paying ETF and I'm going to start generating cash flow a little bit of cash flow and then I'm going to buy some more so I get a little bit more cash flow then I buy some more so I get a little bit more cash flow"

"figure out how to earn some money your own job your business doesn't matter you got to spend less of what you earn you invest that money once you start investing the money you understand the financial education side now you work to earn more money now as you were to earn more money you have more money sitting there you want to take this money and you want to invest it even more aggressively."

"my first rental property paid me somewhere between 250 to $300 in profit I give you a range because some years it would be more profit some years it be a little bit less profit but the first property paid me $250 to $300 a month in profit after all my expenses"

"this is why I call it a decade of sacrifice because this is not going to happen overnight."

"for me the way that I earned more money was by number one investing money back into the business... or it was invest money into the business by getting a coach getting books buying classes"

"as you invest for money the better returns you can get the more your money can grow the wealthier you can become and the sooner you can get there."

"pay somebody a little bit of money who's been doing this for 10 years so they can teach me their 10 years worth of knowledge in 6 months or 6 weeks or 6 hours"

"if you don't have your own business that's completely fine but you got to figure out how you can earn more money from your job how can you provide more value at your job how can you provide more value to your boss how can you get a new career how can you get a certificate to give you more earning potential"

"you don't really have any wealth you have a lot of student loans you got a nice Range Rover you got a nice million dollar home you go on a couple nice vacations a year you got some nice things but you don't really have much wealth you don't really have any savings you don't really have any cash flow you don't really have any Investments"

"wealthy people realize is I want my investments to grow more than my income because my investments can grow exponentially faster than my income can"

"this is why I call it a decade of sacrifice because this is not going to happen overnight"

"as you invest for money the better returns you can get the more your money can grow the wealthier you can become and the sooner you can get there"