🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: Not all side hustles, businesses, and extra income sources are the same. In this video, we break down the different kinds of income, how much freedom they come with, and how much it costs to start each option.
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0:15 - Earning more money is easy when…
0:54 - Different ways you can earn more money and have freedom is the topic for today
1:10 - All the different ways you can make money fall onto the freedom vs cost chart
1:45 - Starting with your job - it has little freedom and can be high or low cost
2:15 - Then you have physical service (PS) positions, which are low freedom and low cost
2:58 - Thinking services, this has more freedom but still relatively low cost to start
3:55 - Low cost flipping, now you’re flipping things that you don’t own
5:28 - High cost flipping, now you’re buying things that you will sell at a higher price
6:17 - Creating your own product starts with no freedom
7:00 - The high freedom options to make more money
8:57 - Taking the low freedom career options and moving them into the high freedom quadrant
10:19 - Why financial education is so important
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #GetMoneySmart
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Video host: Jaspreet Singh
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