Skills that will compound your money according to millionaires
I said I was going to write every day but it seems I missed a day, can't let that happen else I slip back to not getting things done because time is limited and free time from work is my goal.
Someone said I think it was Raval Ravikant, How to be a rich podcast.
- Wealth is measured in time, Richness is measured in Money, and this quote leads me into another quote I heard in a video, "time is like an investment seed, don't let things steal it, you would not let people to steal your money right so".
I don't like thinking about life like this but if I want to get rich these are the highest value skills.
Honestly, I don't like thinking about life, that every second must be spent worthwhile hustling because when I do slip up I feel really bad, I feel i should be doing more , But time is limited and you have used your time making skills that will give you the biggest ROI.
A lot of times I feel I missed out on using my time wisely, studying for useless degrees, or not doing anything at all. so i like to listen to what I should spend my time doing and this podcast caught my eye by Alex Hormozi, (he's a multi-millionaire, )anyways he said the highest value skills that I should focus on are.
- the ability to multiple money. - this skill makes sense,i mean I've had money laying around and never knew what to do until recently like an investment. but I feel the investment is a slow process, what I think he was more referring to putting your money into a business or maybe upgrading your skills to stack them together. But I have no idea still what business should i buy or what skills i can learn now that will start helping me. oh well, I guess I have to stick to crypto for now.
- the ability to save people time. simple enough i guess, most people want more money and more time so if you can save people time the people will pay you more. all technology does this, SAAS. All technology companies do this as well. i don't have that much coding skills yet so this is a bit hard but I'm working on it.
- the ability to capture, multiple people's attention. I mean this one is easy to explain,, everything is competing for our attention these days. everyone wants to get an audience watching or reading them, heck I wish I had a huge audience, the amount I could earn from affiliate marketing or just selling my own product. Everyone knows that attention spans are shrinking year on year so if you are very charismatic and can get people;s attention you could command high fees from brands etc.
- #bonus tip this tip is connected to the one above- the ability to influence people. simple getting attention is great but it would be better if you can influence people to do what you want. I wish I could influence just with the snap of a finger but it's very hard to do so unless you can understand people very well.
what am I going to do?
Looking back at these, I mean they looking at these skills, these seem very obvious, right? yeah, who would not like to multiple money or influence people like hypnosis, but how do I practice these. I don't know, I feel like some other skills are missing, like being very creative, or the ability to learn really well. what skills do you feel are missing on this list.