Emanuel RuizFounder — Amazon FBA Operator Coaching & Skool Community, Eman Los Angeles · Amazon FBA Acquisition Specialist | Buyer-Side Due Diligence & Brand Operations | Helping Investors Acquire & Scale Amazon Businesses

What is being rich?

9 Apr 2025 · 1 min

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In this personal monologue, the speaker reflects on how his understanding of wealth has evolved from simply having money to encompassing three essential freedoms: financial freedom (the ability to spend without worrying about affordability), time freedom (the capacity to spend quality time with family without work constraints), and location freedom (the ability to work from anywhere while the business continues to thrive). He argues that mastering these three freedoms constitutes true wealth and invites listeners to consider their own definitions.

Chapters

Growing up, I always thought being wealthy was just having a bunch of money. But what's good with money if you have no time or no location type of freedom? So that's why now that I have like a family, um, I'm a little bit older, obviously wealth means 3 things for me. It's financial freedom, obviously, and being able to go ahead and just go to restaurants. I have to worry about, you know, if we can afford it or not. It's obviously probably the biggest thing. Number 2, it's the time freedom, right? Being able to go ahead and not have to ask anybody to hang out with my kids on a random weekday, or, you know, have dinner with my wife during the week or anything like that. But number 3 is location freedom. Being able to work in LA or being able to go ahead and vacation for 2 weeks and your business continues to grow. So I do think that those 3 things are the biggest wealth hack. If you have 3 of those things, you basically, you know, mastered wealth, quote unquote, in my opinion. But what's yours?