1. Automatic Savings 2. Protect Yourself - e.g. education, discipline, asset protection (insurance), etc. 3. Invest In Yourself 4. Economic Independence 5. Increase Income 6. Keep More Money 7. Make Money With Your Money
You speak the truth my friend! Thank you so much for your videos and the vision and services you provide. Though not everyone is at your level yet to get you, when they get there they will see the value that you bring. Keep up the good work.
Big thanks to Garret Gunderson for this knowledge. Listen to the whole video as it will explain the notes below. Hope this helps everyone! 1 Automatic savings - Creates safety - Peace of mind - Staying power - Protect Yourself - Education reduces risk - Being mindful about money (what going in/coming out/what spending money on) 2 Asset Protection - Insurance (car/home/disability/medical/life/umbrella/etc) - Corporations - Trusts - Asset protection creates hurdles 3 Invest in Yourself - Daily ritual - Education - Masterminds - Learning - Taking Action - Adding Value 4 Create Economic Independence (EI) - Recurring Revenue (assets/businesses that create cashflow) - When recurring revenue covers expenses you reach economic independence - 100% of what you earn not required for you to live lifestyle - Recover cash plugging leaks - Engineering Wealth how much cashflow do you need for EI what can you do today to get there? - Accelerate Investment Income if there is something that is not producing cashflow how do we make it cashflow? - Scale Revenue get more money coming in (side hustle, business owner) - Make it count live your legacy relax and rejuvenate to recover and maintain health to be at your very best 5 Making more money - Be strategic - Focus on most profitable activities 6 Keep more of what you make - Save on interest because your loans are structured properly, right credit score, low commissions and fees 7 Make more money with your money - Investor DNA (what are your values, drivers, competencies)
@@GarrettGundersonTV my pleasure. I'm humbled that you responded positively. I was hoping I didn't upset you. Great info. Keep it coming. Now I need to take some action :)
Garrett I signed up for BUILD and CFW. Just a couple weeks in I’m already on the way. Setting up a Cash Flow Banking system very soon. Your completely changing my mindset. Why didn’t I find you 15 years ago!!
Is it crazy I have been following all these steps before seeing this video?! Even #4. I know it’s the right move because it’s hard. It’s a hard, yet fulfilling road
Garrett Gunderson thanks for the recognition. I have been absorbing your info. So much good knowledge. I very much appreciate you taking the time to really put your feeling into this. Not just another channel saying, “save money. Get a business. Retire early” your giving us the how. While I may have the basics covered, I have a lot to learn.
YOu would need a business in order to set up a company. There has to be an income to have something to write off. Do you have a side hustle? A 1099 income? Cash Flowing assets like real estate? These are all reasons to have a company.
@@GarrettGundersonTV Ihave an Llc I setuo for a side hustle. No income yet however. Thanks for your reply. I actually signed up for your some of your basic initial training. going through all this great info.
By looking at your social circle and identifying the one key area they struggle with that you know how to solve. Then you scale that up, the world isn't really that big when you think of it as just groups of social circles, and the problems your friends face are the same problems millions of other face every day. Good luck with it
Can you use affiliate marketing product to help solve people’s problems so for an example there a person on Facebook who is having trouble finding the right hair care product because that person hair is falling out so I go on Facebook find them and create a relationship with them we talk I tell them this product that really help my hair grow back they say how do I get it? I say here is the affiliate product Im trying to sell then they buy it. But I’m trying to make 6 figures per year within 5 month and I don’t know if that is the fastest way to do that? So what I’m really trying to ask how do you create a high paying income in 5 month?
