Sharing 13 learnings in my 13 years of wealth management career.
1. Making money is about system solving, not working hard.
2. Make money while you sleep or you will never be rich.
3. It takes the same amount of effort to make 10 lakhs or 1 crore.
4. Ideas are worthless without extended execution.
5. Instead of cutting down costs, focus on incoming income.
6. Rs.10000 in passive income is worth more than Rs.100000 of worked income.
7. Over 50% of your income should go towards investments.
8. Rs.50 lacs CTC per year isn’t a lot of money.
9. A wall gets built brick by brick – same is wealth.
10. Never borrow money that doesn’t go towards making more money.
11. Keeping money is harder than making money.
12. Business people hire good-professionals to make them rich.
13. You need at least 3 income streams to feel safe. Active income, cashflow income, appreciation income.
1. Making money is about system solving, not working hard.
2. Make money while you sleep or you will never be rich.
3. It takes the same amount of effort to make 10 lakhs or 1 crore.
4. Ideas are worthless without extended execution.
5. Instead of cutting down costs, focus on incoming income.
6. Rs.10000 in passive income is worth more than Rs.100000 of worked income.
7. Over 50% of your income should go towards investments.
8. Rs.50 lacs CTC per year isn’t a lot of money.
9. A wall gets built brick by brick – same is wealth.
10. Never borrow money that doesn’t go towards making more money.
11. Keeping money is harder than making money.
12. Business people hire good-professionals to make them rich.
13. You need at least 3 income streams to feel safe. Active income, cashflow income, appreciation income.
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