Short promotional YouTube monologue by Brad Hart arguing that salaried employment limits wealth due to fixed income and high taxation on paychecks. He encourages starting small businesses or side gigs (Etsy, Upwork, Shopify), using tax deductions with a qualified tax professional, upskilling, and pursuing financial independence; the clip invites viewers to follow for more advice.
Chapters
Here's why Getting paid a salary will keep you from becoming rich. Why? Because it's a fixed income. Nobody will pay you what you're worth by themselves. That's why companies have dozens, hundreds or even thousands of clients and customers. So they can make as much money as they want, provided they add enough value to enough people's lives. Sadly, we are taught to exist in an employee world, which means our earning power is dictated by one or a few people Old thinking Get a good job, buy a house, start a 401k, pay taxes and retire. The hard truth is that that companies make money and individuals get taxed. And as individuals you get taxed the highest rate. An employee paycheck is the highest tax income and the worst kind of money. I recommend getting out of that rat race, even just a little. Start a small business on Etsy or Upwork or Shopify. Get some upskilled stuff in your life. Start writing off that income with the help of a really good tax person against your expenses and see where it takes you. And follow me because my mission is to help people gain financial independence. Stay tuned for more.