How to Make Your Kids and Grandchildren Millionaires Long Term Wealth Development

How to Make Your Kids and Grandchildren Millionaires Long Term Wealth Development

If you don’t want to read it, you can watch this video.

We need to get down to the definition of what wealth is. I’m going to give you the real deal on what wealth is and is not. Wealth is assets you have that produce more assets. Assets can be cash. Assets can be a building. Assets can be many things.

If you’re wealthy, you have something that creates income. If you don’t have these things that create income, you’re just rich. What is rich? I’ve been doing this research looking for what everyone is looking for. Everyone is looking for how to be rich. They’re not looking for how to develop wealth. There is a big difference between the two.

If you have a lot of money or a high-paying job, or you’re an entertainer or you make movies or something, more than likely, you’re merely rich. You have a talent, skill set or something, where people will just throw a lot of money at you. But, you’re not wealthy.

The thing is, once that talent goes away or you get older or something, you no longer have a way to make a lot of money. Whereas someone who is wealthy, they can be in a wheelchair and still make more money that you do. Right now, I am about to give you the keys to the castle. The fastest way for you to become rich, which gives you the tools to become wealthy is through business ownership.

This means you go out and create a business. You go out and you serve people. You make money three to ten to a hundred times faster than someone with a job. Since you’re making so much money, you have enough to live a good lifestyle, then you can take some more of that money and create tools like real estate, more businesses, and investments so you can become wealthy.

This is how you will make your kids millionaires. The first step is money management. You must manage your money or your money will manage you. The second step is to increase your income. The third step is to get experience.

I know many of you want to jump to step two and forget about step one. I had a conversation with someone this morning about this. If you go ahead and get experience and increase your income and you don’t learn money management, the chances of your kids being wealthy are slim or none because you’re going to blow the money through mismanagement. You may develop an addiction. You may have a lot of nasty things that will happen because of this absolute refusal to put yourself on a budget.

This isn’t about you. This is about the family and generational wealth. If you want to do that, you’ve got to learn money management.

We’re going to talk about how Hustle Camp can help you do that. These are the very things we talk about first and foremost. Money management, increasing income and gaining business experience are the tools you need.. You want to be all about business development. One of the things that happens on the internet is that everyone is looking for income for lifestyle which is a very narrow thing.

If you give more than what you’re getting, you’ll get more. Now, what do I mean by that. If you create a business, you hire people, you serve customers, and your footprint of service in the world increases. Your income is going to automatically increase. But if you go after the money and you don’t want to work that hard or do too much, you can still make money. But you’re not going to get wealthy.

You’ll end up as a high-income hustler, which is cool. But at some point, that’s going to get old. Part of business development is finding a market, or there’s something in you that you want to give to people that is valuable and they want to pay you for it.

Business development is figuring out that marketplace and creating processes and systems in your business so it can scale. That takes time. That takes effort.

If you do this, two things happen. One – you learn how to do it. Two – your kids who live in the house with you are learning these lessons. This is what many affluent people have learned. There’s been this person in their life doing these kinds of things and it kind of rubbed off.

But if you’re just out there getting money, partying and hanging out, this tactic will not work if you’re trying to build something that will last. Right now, I’m about to give you the blueprint. The first thing you have to do is money management. The most important thing after money management is skill development. If you have no skills, you cannot build your business. If you have no money management skills and no money, you can’t hire people to build your business.

Once you have some business expertise, you can go out and develop your market. When you have a goal that is much larger than yourself, things change. Your strategy changes. Your business choices change. How you live your life changes.

There is so much training out here on the internet. It works. You can buy a course or an app and apply them and you’ll make money. You can hustle and also have an anchor business. What I mean by that is you have to make some firm decisions about some of the things you want to do in life.

It can’t all be fun and games. It can’t all be about passion. It can be something as simple as a drycleaner. It can be something like a car wash. It can be a grocery store. There are a lot of things you can do. They’re going to require that you think much bigger than yourself, because most of these things take time to take off. One to five years is very fast. Two to five years is more normal.

Once you stack up some assets and you’ve built that business to a level where it doesn’t matter what you do, then you are wealthy. That’s the thing you can do for your kids. You can become a high-income earner, then create the blueprint that will enable your kids to become millionaires.

If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!

Happiness? Misery? Pain? Joy? Your Life Your Choice another email

Happiness? Misery? Pain? Joy? Your Life Your Choice another email

If you don’t want to read it, you can watch this video.

I got this email that asked me how to stay “up” when your world is falling apart. Essentially this person is getting divorced and is close to 50. Her kids are going to college and she is scared. She needs to know how to reinvent herself.

She is well educated. Education does not always equate to income in this disruptive economy. She has what I call “fluff” degrees. Once upon a time that would get you a job, but not today.

She wanted to know how not to lose her mind during chaos. My answer is, you don’t. You will actually lose your mind. I think many people don’t understand the process of life. Everyone is going through something. Everyone. It could be something small. It could be something life-altering such as a death in the family, terminal illness; all kinds of stuff.

Everyone responds so differently to drama, trauma and devastation. I was not a person who was able to keep my wits about me in the middle of chaos. I actually fell very hard. It took me three years to get back to a sense of normalcy. So, my advice to you is what you’re going through is what you’re going through. You’re going to feel how you’re going to feel.

Now you can take this journey and you can do two things. You can be damned and condemned by it or you can use that energy and build yourself into a stronger person. Everyone isn’t strong.

When you have no core goals or direction, then when something happens you are devastated because there was no stabilizing force there in the first place. Even when you’re feeling fucked and betrayed, you still have a choice to be happy. It’s going to be really, really challenging for you to be happy right now. But, you can make it happen.

You should start a journal. Write down your thoughts every day. Then do this. The next day, you should read your thoughts from the previous day before writing your thoughts down. You’re going to discover that your thinking is not organized because right now you are a hot emotional mess.

There is a group of people who actually perform better under stress, but most people cave. Essentially, you have to learn to control your thought process. Right now, your thought process is controlling you. You are led by emotion. It can lead you into making bad decisions.

Start asking yourself, what can I bring to the world? One of the reasons I stay up now is because I have way more things I can bring to the world. As long as it is only about you and your family, you’re going to have a lot of misery. Your focus is in a very narrow context. It’s extremely narrow.

To get out of that type of rut, you’re going to have to think of someone other than yourself and your kids. You’ve got to have a higher purpose. That is what got me out of my bad spot. I had a higher purpose than myself. I am still working on that and it drives me.

It’s a choice. You have to make choices. You have to learn how to emotionally manage yourself. If something bad happens, you can’t fall apart. When something great happens, you can’t get a crackhead high. You’ve got to really manage yourself because that gives you the resilience you need in life. Shit is going to happen. People are going to come and go. People are going to die and disappoint you. People are going to betray you.

On the other side, people will come into your life that you don’t know and do outrageously good things for you. I know. People focus on the yard birds and the despicable people that come into your life and create disharmony. I concentrate on the people that come into my life and bring me joy.

When you can call yourself on your own bullshit and jacked up thinking, you become a very powerful person. This is where the journaling comes in. When you start seeing the truth about yourself, that’s when you start growing. You can start creating a life of intent and design.

A life of intent and design is one that you choose. You don’t wake up and just do shit you don’t want to do because it is expected of you. I have some issues with some family members because they expected me to do certain things I’m not doing. There were some hurt feelings there and I don’t give a fuck.

A lot of people can’t create the life they want, because they can’t get rid of that kid shit. Many people claim the reason you are the way you are is because of shit that happened to you when you were a kid. It is only true if you accept that as a truth. I decided I wasn’t going to be that person, blaming an absent father I did not know when I have the capacity to grow up and be a happy human being. That’s a choice.

Essentially, you have a lot of work to do on you. Journal today. Get a journal. Start today and write until your fingers hurt. Tomorrow get up and read that shit, then start writing on the second day and the third day. This process will help you cleanse a lot of the emotional discord.

Another suggestion for you is to learn how to meditate. Go take a class. Check out transcendental meditation. You should write, journal and meditate. Set some ambitious goals for yourself.

Understand that happiness is a choice. Sanity is a choice. Peace is a choice. These are things that can be developed over time.

You cannot have the life that you want if you remain the same person that you are. You will have to change as a person. If your life is fucked up. Guess who needs to do a metamorphosis? You.

If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!

The Power of Time and Commitment

The Power of Time and Commitment

If you don’t want to read it, you can watch this video.

When you hear about creating a company, invariably you hear about creating an exit strategy. A lot of people plan to create something really quickly, then they want to move the hell on. That’s never really been my strategy. It’s not something I’ve thought about. I’ve thought about the next ten years and the next twenty years and how can I build something long-term.

I think many people are caught up in “ramp up itis” where you want to build something as quickly as possible then sell it or scale it and cash out on the IPO. There’s nothing wrong with that strategy. That’s just not the way I wanted to roll. I think it creates this mania of people who are comparing themselves to unicorns.

I’ve said this before. Most of us are not going to become billionaires. When I say that, people complain that I am not being encouraging and tell me, “You’re not taking care of the tribe. No. I’m taking care of the tribe. I’m telling you the fucking truth.

People are living longer. You see a lot of 80 and 90-year-old people around due to medical advances and the fact people are eating better. So, you’re going to be around for a long time. Why not put together a plan predicated on some sanity.

Are you trying to get rich fast to impress someone or are you trying to get rich fast because you don’t think you’re going to be around? Maybe, you don’t even know what you’re trying to do. What are you trying to do? What are you trying to accomplish? What are you trying to build? What are you trying to create?

I sat down and looked at my goals and my plans and I realized that my behavior contradicted what I was trying to achieve. I was pushing hard and trying to ramp up fast. I’ve never really been like that. I believe in working hard.

As I look back at my behavior and things I’ve said, I just want to ask you, what is your motivation for building a business. What is your motivation? I don’t want to work with anybody with this “Get Rich Quick” mentality.

It’s like working with a kid who wants a cookie. They see the cookies on the counter in the jar. They know the cookies are there. They’re like, “Why can’t I have a cookie?” I answer, “It’s not time to have a cookie.” The kid asks, “Why?” I answer, “Because it’s going to mess up your dinner.” Then when you turn your back, they go in there and get a cookie. Then later on when they’re crying with a belly ache, they asked, “Why didn’t you try to stop me?” Then I reply, “I did, but you didn’t listen.”

Here’s the truth. I’ve said this for years. You are going to be the sum of your daily activities. You’re not going to be the sum of what you did this weekend. You’re not going to be the sum of that one good week. You’re going to be the sum of your daily activities. There’s this book I’m reading that you should get. It’s called The Power of Habit. That book is in line with what I am doing and how I have lived. I wrote a post about it called, Fuck Willpower. Habits are better because habits define you.

If you apply yourself the right way, you are going to build your business. It’s not going to happen in a matter of weeks or months. It’s going to take a few years. That’s the sticking point for many people.

One of the things that I see is going to happen is that many people that have good jobs right now, they’re in trouble and they don’t know it. It’s not because they aren’t working hard or have bad skills sets. It’s happening because technology is pushing on the job market like never before. Many of the things I predicted have happened. I thought some of these things would happen eight or night years from now, but they’re already happening.

In other countries, they have robots that can serve food. That’s going to be a reality here because of the economic benefits to the people that own those companies. It’s just going to be insane. It’s coming. That’s the future.

Part of what contributes to your long-term success and durability is dedicating yourself to something that’s bigger than you. If your main goals are to get a new house and car, that’s really not a lot of motivation. It just really isn’t for me. I’ll speak for myself.

You need to write goals and projects and stuff that are so ambitious that when you write them down it scares you. If your goals don’t make you tremble, they’re too small. If it’s too small, you’re not going to get really far.

Typically, you do what you have to do and if you’re exceptional you do more. I just revised my goals because they were too small. I have five year, ten year, fifteen and twenty-year plans. I wrote down some shit that made me question whether I was insane. It scared me and it also motivated me.

The thing is, I don’t have to do this next month. I don’t have a board of directors to answer to so I can take the time I need.

Everybody is talking about how swamped YouTube is now. It is crowded if you count the mediocre and irrelevant content. There is plenty of room for high-quality evergreen content. So, YouTube is really not tapped out. It’s not even close.

Recently YouTube put out this article that they see great growth in the next decade. I’ll tell you why. You’re going to be able to do stuff on YouTube like you do on Netflix. There is going to be sponsored content and people who create shows. There is all of this wonderful stuff that is coming and if you are in that, “I’ve got to get it now” mindset, you won’t be positioned to take advantage of those future opportunities.

If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!

A Boss

A Boss

If you don’t want to read it, you can watch this video.

There’s a lot that goes into the equation being the boss of yourself. People like choices on the positive aspect of their lives. I get to pick what work I do. It all starts with being self-reliant or being the boss of you.

No one has to tell you to get up. No one has to tell you that you have to save money. No one has to tell you that you should be doing something constructive and positive with your life.

If you’re truly a boss, you are running your life from A to Z. You’re not just working on the good stuff or the fun shit. That’s what I see a lot of.

I want you to think about something. When was the last time you sat down and took personal inventory of your life and where you want to be and what you should be doing. Have you ever done that? Have you ever said, this is the life that I want to live.

I don’t have what I call celebrity or hero worship syndrome where you see some celebrity and you think they have these awesome lives. Maybe they do. Maybe they don’t. I’m not there. But from what I see, I think a lot of them are living in a glass cage.

You have all this fame. You have all this money and you can’t even go out and eat a simple meal without being harassed. I don’t want that kind of life. Some people may want it. Some people may crave it. I’m not one of those people.

So, when you think about your life, the thing that you are living right now, have you said, “Hey, I want to do this.” One of the reasons I like entrepreneurs and really successful people isn’t because of the money. I often meet people who said, I want that type of life, then they made it happen. They didn’t chase money to chase money. They chased money to fund a lifestyle that they wanted and thought about for a long time.

I have a friend. He has a lake in the back of his house. It wasn’t there when the house was built, but he wanted it. He had one built. It had this very nice garden and all these other things. People say that’s just crazy extravagant. That’s just nuts. I’ve been back there, and it’s just as peaceful as it can be. He created his company to fund the lake and the house. If he wants to run around naked in his backyard, he can, because he doesn’t have any neighbors. He’s on 25 acres.

I want you to think about that. All of the people with mega money all go out and buy their own compound or they have this farm or place where they can get truly away. That’s creating a life of intent. That’s creating a life of purpose.

You can do that if you think you can like a boss. This is the thing. Being a boss is not about money. It’s about accountability. A lot of times when you build a company, in the infant stages everybody is making more money than you, the boss. As a boss, your job is to grow the company, not to get rich off the company or to starve the company taking the cash it needs to grow.

That happens a lot. That’s why a lot of businesses never get that big because the boss is taking the cash out prematurely. You can’t hamstring the company if you want to grow it to a point where you can truly have a great lifestyle. It doesn’t take hundreds of thousands of dollars.

Now, do you want to be the boss of you? Do you really want to be the boss of you? If you do, you can start today by actually taking stock and looking at your life and saying A – we’re going to keep this party rolling or B – it is time for an intervention. That’s being a boss.

When you develop these qualities, people who have not developed these qualities will flock to you. You can do one or two of these things with these people. You can enlighten them or you can exploit them.

Either you are a boss of people or you are a boss. It’s a choice. One of the things a lot of folks don’t understand is there is no middle ground. You may think there is a middle ground, but there’s not.

Being a boss means you will have to do, say and act in a way that makes you very uncomfortable. There is a lot of accountability with being a boss. There is a lot of accountability with being a leader.

If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!