Build wealth by mastering one repeatable income source and scaling it, not by juggling side hustles. Use other investments only to protect yourself if that core business fails. Treat whatever you choose to scale as a real business, not a hobby.
Chapters
The most powerful wealth-building strategy on the planet is rinse and repeat. What I mean by that is finding something that you are really good at that makes money and doing the same thing over and over again. That should be where the bulk of your money goes. Everything else that you take away from that should be to hedge risk in case that strategy no longer works, you know, in case that business fails. Now I'm putting things into safety, but we don't actually teach people that. We, we teach them it has to be hard. It's very complicated and you should never try to do it yourself. I think that entrepreneurs should use their wealth to create the life that they love and serve their values, and that only they know the best way. So if you love real estate, great, like let's focus on that, but focus on it like a primary business. It shouldn't be a side hustle, it shouldn't be a hobby. If that's the thing that you wanna invest your money into, like treat it like a real business.