5 Simple Habits To Make You A Millionaire (NOT CLICKBAIT)

Marko - WhiteBoard Finance
Marko - WhiteBoard Finance
78.5 هزار بار بازدید - 2 سال پیش - Investing in private companies is
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5 Simple Habits To Make You A Millionaire, without making your coffee at home.

1. Committing To Yourself

Having a vision and sticking to it is one of the most powerful mental frameworks you can set yourself in. Building your net worth is about building a castle brick by brick.

The exact plan can change along the way, but the unwavering commitment cannot: an intrinsic will, irrational optimism, and low-risk aversion are your best assets.

Discipline and good behavioral habits need to be established first, before you build your cash flows, and establish your wealth over time.

Bottom Line: Your habits, emotional control, and discipline are the foundation for building your net worth, so make them robust.

2. Increase Your Marketability

You need to build a skillset worthy of the life you want to live. Marketable skills, line items, degrees, and accolades that will warrant the job, position, and salary you are aiming for.

A set of accomplishments, sought-after skills, accolades, and recognition, make you hirable, but they also make you worldly.

Raising your worldliness and toolbelt of abilities makes you not just employable, but self-employable too - maximum job security.

A multifaceted individual is worth their weight in gold.

Bottom Line: Use your discipline and vision to leverage resources at your disposal to build your overall skill set.

3. Build Your Cash Flows

Cash flowing assets, side-hustles, contract work, online businesses, YouTube channels.

Turn yourself into a productive asset, then turn your returns into productive assets.

“Passive income” is really quite active, and only comes after YOU make a concerted effort.

It starts as a 9-5 followed by a 5-9, but through effort, these assets will minimally impede your lifestyle.

Bottom Line: Leverage your marketability to build multiple streams of cash flows.

4. Structuring The Right Portfolio

Now, it’s time to put those cash flows to work. Investing is based on risk tolerance, age, time preference, urgency, and financial security.

Bottom Line: Invest your cash flows properly into vehicles that will store and appreciate your levels at different risk/return levels.

Stay tuned for the rest of the habits that will make you a millionaire over time, and to hear my thoughts at the end of the video!

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⏰ Timestamps ⏰:
0:00 - Intro
0:32 - Habit 1
1:37 - Habit 2
2:47 - Habit 3
4:22 - Habit 4
5:49 - Dizraptor Spot
7:40 - Habit 5
9:28 - My Thoughts
12:04 - WBF University
12:29 - LOL

ABOUT ME 👇

My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.

Subscribe if you are interested in:
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
2 سال پیش در تاریخ 1401/06/22 منتشر شده است.
78,589 بـار بازدید شده
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