Dr. Chau Ong argues trading time for money is the worst deal in life. Instead, he proposes using leverage: rent corporate housing long-term, hire contractors to manage it, and work only a few hours weekly to make six figures.
The old model is pretty broken. Trading 1 hour of our life for a dollar. So what's the worst trade in life? Any ideas? Trading your time for your money. Yeah, exactly. Because we're never going to know how much time we have, how long we have, and how much time our loved ones have either. The new model is leverage. Leverage is the number 1 key to success. In our model, we leverage other people's properties to make money, and then we leverage expertise, all the handyman, electrician made, they can do all that work. We don't have to do it. And then we don't have to leverage other people, companies to rent from us. So that way it's not just vacation rental. I don't do any vacation rental anymore. I do corporate housing, which means I rent out directly to companies or I rent out directly to insurance companies. They will stay for months instead of days. I have helped hundreds of people from any background. To achieve that 6-figure income working just a few hours a week. And that will give you true financial freedom.
