5 Rules about New Rich Life
Working 60 hours per week for 45 years is a tough pill to swallow. Instead, think about your life using these 5 rules:
1. Scale Yourself: It's important to find a way to move from earning 33% of the day (9 to 5) to earning 100% of the day. Think 1x, publish 10x.
"You can create software and media that works for you while you sleep." - Naval
2. Diversify Yourself: Don't put all your eggs in one basket. Diversify how you earn. - Coaching - Courses - Community - Sponsors - And more...
3. Invest in Yourself: The amount of internet tools available to people has never been more open & available. You can build your entire stack for less than $100/month. Move fast & cheap. Get complicated later.
(Skool is less than $100 and you can go most of the thing in single platform (courses, community, calls))
4. Replicate Yourself: Creating an online business means taking advantage of global E-commerce. The assets that you create are available globally, 24 hours a day, to 4.95B internet-connected people. Publish 10x, Sell 100x.
5. Increase Yourself: Build a knowledge product that pays you daily. With each purchase, the ROI on your time spent building it increases. Publish content in the AM, go to work, and let it do it's thing in the background.
That's it — 5 rules to think about life differently.
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15 comments
I’m actually building it up. It is brand new and I haven’t got any members yet. But I’m very positive to get members soon by posting valuable content about mental health, psychology and people will discuss about it. How is your community performing?
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I am planning to start mine, along side i help people to build traffic sources to drive organic traffic or lead for their business, I have expertise in youtube and instagram, I can help you build a traffic source out side skool if you want any free to chat within skool or connect : pradumyabiz @ gmailcom
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oh, that’s amazing!
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• Aug '24
very well written and very understandable. Most people when they think about business, are thinking about doing active work and not scalable work. The secret sauce is here to create once, to focus on distribution and not fullfillment for any lead you have. You run out of energy, you might be stressed and the service quality decreases. If you do create once and after that only distribution and then replication, you have more possibilities to make market research, you have the freedom of working whenever you want and you can scale it to the maximum! That is exactly my goal!
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That's the point i am try to share with everyone.
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• Aug '24
you are great! Everyone should learn to do that. However, as a marketer, I always see people who do not have this mindset. And as well to grow a community here on Skool is a lot of work and a pain in the ass for many people. What are your secrets?
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Thank you for sharing this insightful perspective! You've hit the nail on the head—focusing on scalable work rather than getting caught up in the grind of constant fulfillment is key to sustainable growth.
By creating once and optimizing distribution, we not only preserve our energy but also open the door to endless opportunities. It's inspiring to see how this approach allows for greater flexibility and scalability, enabling us to work smarter, not harder. Wishing you great success in achieving your goal and scaling your business to new heights!
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• Aug '24
thank you for your words. Until now, I know that, and in the begin of 2024 I started to set up different income streams that allow that. However, it is not so easy, but I am willed to go the extramile. The first achievement is the revenue coming in by Google on my blog. It is getting more every month.
What are your steps to reach financial freedom?
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• Aug '24
Amazing insight brother
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• Aug '24
Good stuff. Not everyone is cut out for entrepreneur life!
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pretty good concept. You should focus on your mindset and your mental health.
Feel free to join my free “mental health club” community here.
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how’s your community performing it is totally new
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• Aug '24
Thanks for sharing!
Focusing on scaling, diversifying, and investing in yourself are key.
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• Aug '24
This sound like the S&Me 500 iykyk
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