28 min listen
How To Build Wealth EXTREMELY FAST (Without Big Risk)
How To Build Wealth EXTREMELY FAST (Without Big Risk)
ratings:
Length:
35 minutes
Released:
Mar 13, 2023
Format:
Podcast episode
Description
Guess what? There’s a formula you can follow to obtain financial success! It’s simple, sweet, and easy to remember. We call it: The 3 M’s. Want to join Wealthy Investor's Airbnb Prohost academy? Watch the case study here - https://www.wealthyinvestor.com/prohost/case-studyI'm coming to Hollywood! Come to my next event - https://www.wealthyinvestor.com/wealthconFor only .99 CENTS order my new book “The Wealthy Way: Don’t Go Broke Trying To Get Rich” and get FREE access to my new course “Business Builder Academy” where I go over all the fundamentals of building a 7-figure business. https://www.wealthyway.com/book______________________________________________________Here's how my businesses can help you:Want to be coached by me on real estate investing? Apply at https://wealthyinvestor.comAre you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.ioYou can invest in my real estate deals! Go to https://pinedacapital.comNeed tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/For a free consultation with my team go to https://RyanPineda.com______________________________________________________My other social media channels:Subscribe to my real estate only channel "Wealthy Investor" https://www.youtube.com/c/futureflipper1Follow me on Social Media: https://www.instagram.com/ryanpinedahttps://www.tiktok.com/@ryanpinedahttps://www.twitter.com/ryanpineda______________________________________________________The first M is for Make. This is stage 1 of your formula and involves earning 250K in a year by using one skill. Many people struggle with this step because they’re chasing multiple skills and can only perform them mediocrely. Choose one skill that fits your hedgehog concept (that you are excellent at, that makes money, and that you are passionate about) and use it to graduate this phase.Once you’ve done that, you’re on phase 2: Manage. This is when you start to scale, which can happen in 2 ways: You can generate more income and revenue or you can get more time back by learning to hire and manage people to do your job for you. The goal of this phase is to earn $1 million overall with your chosen skill and your new management abilities.The third and final phase is Multiply. This is where you really start investing, which you can do in two ways: multiply the business even more (spend more money on marketing, bigger facilities, tech, etc), or multiply the money you’re earning through investments that don’t involve you (real estate, Airbnb, rentals, etc.).The overarching theme is to live the WEALTHY way and be abundant in all areas of life. Do you want to build your wealth quickly and make money fast? This is the way. Take a moment now to sit down and choose the skill you’ll use to make your first $250K!
Released:
Mar 13, 2023
Format:
Podcast episode
Titles in the series (100)
The MOST IMPORTANT Lesson 2020 Taught Me | Ep. 001 by Wealthy Way Podcast