Most people chase cash flow first and build a real business later. Flip it: build something with enterprise value, then use the profits or exit money to buy assets that generate passive income. Long-term thinking beats short-term scrambling.
Chapters
Most people will focus on cash flow, invest the profit and then later once I'm financially free I'll build the business that I actually want. But if we reverse the order and we think about building a business with enterprise value and then we invest those profits from either the business or from exiting the business, if we do those two things and we invest for wealth and for passive income, well then we'll never have to worry about cash flow ever again. So we can just reverse the priorities and get to where we want to go a lot faster. Haven't you noticed that when you prioritize the things that matter in the long term we just end up getting better results? But we think, well just for a while I'll focus on the short term and then the long term never comes. So we reverse the order and we focus on building a business with enterprise value, invest those profits and then we never have to worry about cash flow ever again.