Get Rich Like The Top 1% (Video Out Now)

Summary

• Rich people buy time, whereas poor people buy stuff.
• Ambitious people focus on buying skills, while lazy individuals buy distractions.
• At the start, you have time, and you should use it to gain skills.
• Acquiring skills will help make money, which leads to creating wealth.
• Wealth then buys more time, which you can spend on gaining higher skills.
• This creates a continuous cycle known as the "Wealth Loop."
• It’s important to understand this concept to move from being poor and lazy to rich and ambitious.

Video

How To Take Action

I would suggest focusing your efforts on learning skills rather than acquiring things. Start with using the free time you have to pick up skills that can eventually make you money. This is like planting seeds; you won’t see fruit right away, but in time, you’ll harvest wealth.

A good way of doing this is by identifying one skill you believe could make a difference in your life or business. Spend focused time each day, even if just 20 minutes, practicing or learning more about it. You can use free online resources like tutorials or library books to keep costs low.

As you acquire these skills, use them to generate income. It doesn’t have to be massive right away. Even a slight increase in income starts the cycle of wealth creation. With this extra income, reinvest in learning more advanced skills. Maybe take a low-cost course or spend on tools that help you improve efficiency.

Remember, each skill is a building block in your wealth loop. You can use the money made to free more time up, allowing you to learn even more or focus on higher-value tasks. Your goal here is to consistently level up your skill set without getting sidetracked by distractions that don’t bring value.

Understand this cycle, and you’ll pave your way from scarcity toward growth and ambition. Focus on the broader picture of constant improvement, and watch how things begin to shift.

Full Transcript

the rich by time the poor by stuff ambitious people by skills lazy people by distractions if we are trying to look at what is required to get rich then in the beginning you have time and you use the time to buy skills which then make you money which creates wealth which then you use that wealth to buy more time to then spend that time getting higher skills and so this becomes the wealth Loop and I just made a full YouTube video breaking down this concept in excruciating d so that you can actually execute this whether you're rich and ambitious or poor and lazy and how to move your way through it