WEBVTT - The 1 Thing All Wealthy People Are Chasing (It’s Not Money) 0:00:00.160 --> 0:00:02.720 Most people are saving and dreaming of a retirement so 0:00:02.759 --> 0:00:04.040 they can finally have time. 0:00:03.840 --> 0:00:05.960 To do what they want. But what if you didn't 0:00:06.000 --> 0:00:08.080 have to wait? What if you could start to achieve 0:00:08.119 --> 0:00:10.080 this in as little as ninety days. 0:00:10.280 --> 0:00:11.920 Now, in this video, I'm going to break down the 0:00:12.039 --> 0:00:15.960 three step proven system to achieve time freedom fast. This 0:00:16.000 --> 0:00:18.520 isn't about chasing more zeros in your bank account. It's 0:00:18.520 --> 0:00:21.360 about creating a life where money serves you, not the 0:00:21.400 --> 0:00:23.119 other way around. I'm going to show you how to 0:00:23.160 --> 0:00:27.120 get total freedom over your time, your income, and your purpose. Now. 0:00:27.160 --> 0:00:28.080 My name is Mark Moss. 0:00:28.080 --> 0:00:31.200 After building and exiting multiple businesses and now coaching thousands 0:00:31.200 --> 0:00:34.520 of entrepreneurs and investors, I've learned that the dream most 0:00:34.560 --> 0:00:36.159 people want is right in. 0:00:36.120 --> 0:00:38.479 Front of them. So let me show you how. Let's go. 0:00:40.800 --> 0:00:43.000 Now, before I break into the three steps that you 0:00:43.040 --> 0:00:44.640 need to do right away, let me give you the 0:00:44.720 --> 0:00:48.040 backstory so this makes sense to you. So my own 0:00:48.080 --> 0:00:50.080 story was when I was in high school, I used 0:00:50.120 --> 0:00:51.920 to go to my best friend's house all the time 0:00:52.240 --> 0:00:54.480 and we'd always hang out there and across the street, 0:00:54.720 --> 0:00:57.920 his neighbor across the street was always outside doing something 0:00:58.000 --> 0:00:59.680 and he had like a boat, and he had a 0:00:59.720 --> 0:01:02.240 dirt bike, and he had an RV and an off 0:01:02.320 --> 0:01:05.080 road car, and he was always out working on them 0:01:05.120 --> 0:01:07.920 and taking off with his boat or with his dirt bike. 0:01:08.240 --> 0:01:11.880 And I remember at that stage thinking that's what I want. 0:01:12.160 --> 0:01:13.240 I didn't know what he did for work. 0:01:13.240 --> 0:01:15.280 I never actually met the guy, but I remember seeing 0:01:15.360 --> 0:01:18.400 the lifestyle and I thought, that's what I want, and 0:01:18.440 --> 0:01:20.800 it gave me a target that I had. And so 0:01:21.280 --> 0:01:23.840 since then, my goal of my life wasn't like I 0:01:23.880 --> 0:01:25.720 want to be a doctor or a lawyer or a 0:01:25.720 --> 0:01:27.640 police officer like we were taught when we were kids, 0:01:27.880 --> 0:01:30.560 but rather what is the life that I want? And 0:01:30.560 --> 0:01:33.520 then I worked backwards and designed this system from there. 0:01:33.920 --> 0:01:36.679 So that's how it works. Once you can identify what 0:01:36.720 --> 0:01:38.759 you want, you can reverse engineer how to get that. 0:01:38.959 --> 0:01:41.240 And let me show you how my three sets system 0:01:41.280 --> 0:01:43.199 works so you can do the same thing. Now, before 0:01:43.240 --> 0:01:45.960 we jump into the three step system that you can follow, 0:01:46.200 --> 0:01:47.840 then I want to just let you know real quick. 0:01:48.000 --> 0:01:50.840 Probably one of the biggest misconceptions that actually holds people 0:01:50.880 --> 0:01:54.040 back is they misunderstand how to do this. Most people 0:01:54.040 --> 0:01:56.320 think they either need to work in a job for 0:01:56.320 --> 0:01:59.200 forty years and say forever, or the faster route would 0:01:59.200 --> 0:02:01.920 be to start a business, scale the business up, and 0:02:02.040 --> 0:02:04.600 exit the business with a big windfall so they could 0:02:04.600 --> 0:02:07.200 finally achieve that goal. The problem with it is a 0:02:07.200 --> 0:02:10.720 couple things. One, it's way too far delayed gratification for me, 0:02:11.080 --> 0:02:14.000 but more importantly, it's too big of a goal. You see, 0:02:14.080 --> 0:02:17.280 when it comes to goal settings, we need small milestones. 0:02:17.480 --> 0:02:19.840 We gain momentum as we start checking them off. And 0:02:19.880 --> 0:02:21.680 when you set this big goal if I need this 0:02:21.720 --> 0:02:24.079 big exit where I have to save for forty years, 0:02:24.240 --> 0:02:26.040 you get to a point where it's like why even 0:02:26.080 --> 0:02:29.400 bother or I'll start later because that's such a big goal. 0:02:29.639 --> 0:02:31.799 The beauty of this three part system is it gives 0:02:31.880 --> 0:02:34.800 you small, actionable steps that you can take each step 0:02:34.840 --> 0:02:37.000 of the way, which helps you avoid the trap that 0:02:37.040 --> 0:02:39.200 most people fall into of never getting started. 0:02:39.240 --> 0:02:40.720 So, without further ado, let's dig in. 0:02:40.800 --> 0:02:44.240 Let's jump right into step number one, reclaiming your time. 0:02:44.600 --> 0:02:47.040 So in order to reclaim your time, you either need 0:02:47.080 --> 0:02:49.400 to outsource, automate, or eliminate. 0:02:49.440 --> 0:02:50.000 That's what you do. 0:02:50.120 --> 0:02:52.920 Let's talk about outsourcing first. So you need to have 0:02:52.960 --> 0:02:54.520 a team, You need to have a leverage with other 0:02:54.600 --> 0:02:57.400 people to do these lower level tasks. Now, whether you're 0:02:57.400 --> 0:03:01.080 a business owner, maybe you're a consultant, sales rep, or 0:03:01.120 --> 0:03:04.079 something like that, you can find tasks that you can 0:03:04.120 --> 0:03:07.200 outsource to other people that are lower level than you 0:03:07.440 --> 0:03:09.600 for a lower price than you earn and it frees 0:03:09.720 --> 0:03:10.320 up your time. 0:03:10.360 --> 0:03:12.600 But how do you do this is the key piece. 0:03:13.080 --> 0:03:15.360 Now, what I do is I create what I call 0:03:15.600 --> 0:03:19.280 engines that drive value or value engines, and I break 0:03:19.280 --> 0:03:22.840 them down into three classifications. For my business, let's focus 0:03:22.880 --> 0:03:26.880 on two right now. Number one is my acquisition engine. 0:03:26.919 --> 0:03:29.320 So if I'm a sales rep, I'm a consultant, I'm 0:03:29.360 --> 0:03:32.760 a business owner, how do I get customers coming in? 0:03:32.840 --> 0:03:34.720 How do I get income? How do they get here? 0:03:34.960 --> 0:03:35.800 And I would. 0:03:35.520 --> 0:03:38.880 Create this in a step by step process broken down 0:03:38.920 --> 0:03:41.720 so I can understand each step. So, for example, in 0:03:41.760 --> 0:03:46.480 my business, for example, number one, you watch a YouTube video. 0:03:46.800 --> 0:03:50.320 Then what? Then you click on a link? Then what? 0:03:50.880 --> 0:03:53.800 You land on a page where you're offered a free 0:03:53.840 --> 0:03:54.800 reporter or a guide. 0:03:55.000 --> 0:03:57.880 Then what? Then they opt in and give me their 0:03:57.920 --> 0:04:01.760 email to get it. Then what? Then they read the emails? 0:04:01.840 --> 0:04:04.760 Then what? Then they hear about my products? Then what? 0:04:04.840 --> 0:04:07.360 And you chase this down? If you're a sales rep. 0:04:07.520 --> 0:04:09.760 Or I went to a meeting, Okay, then what I 0:04:09.800 --> 0:04:13.080 talked to five people? Then what I got their business cards? 0:04:13.280 --> 0:04:13.960 Then what right? 0:04:14.000 --> 0:04:16.440 And so you can understand how this works. Once I've 0:04:16.560 --> 0:04:19.840 mapped out this acquisition engine, then I break it down 0:04:19.920 --> 0:04:22.479 into the individual tasks that need to be done for 0:04:22.560 --> 0:04:24.440 each of the steps. So I went to the meeting, 0:04:24.480 --> 0:04:27.320 I collected the business card, then what Then I put 0:04:27.320 --> 0:04:30.800 them into my spreadsheet or my CRM. Then I contacted 0:04:30.800 --> 0:04:32.880 my send them as email sequence or whatever that step is. 0:04:33.279 --> 0:04:36.039 Once I've been able to map out the engine and 0:04:36.160 --> 0:04:38.719 all the tasks that are assigned to it, now I 0:04:38.800 --> 0:04:42.360 have a system that I can delegate these individual tasks 0:04:42.360 --> 0:04:45.240 to somebody else. I can hire a virtual assistant in 0:04:45.279 --> 0:04:48.080 South America in the Philippines very cheap. I can delegate 0:04:48.080 --> 0:04:51.320 to somebody else in my office, maybe like me, I 0:04:51.320 --> 0:04:53.240 delegate quite a bit of white work over to. 0:04:53.200 --> 0:04:54.760 My wife or whatever that looks like. 0:04:54.800 --> 0:04:57.920 But the first step is to understand what that acquisition 0:04:58.000 --> 0:05:00.360 process looks like. You might not believe this, or maybe 0:05:00.360 --> 0:05:01.919 you will, maybe you're one of them, but most of 0:05:01.920 --> 0:05:05.800 these entrepreneurs I coach can't even figure this out. And 0:05:05.839 --> 0:05:08.040 I can tell you that if you don't know how 0:05:08.120 --> 0:05:11.320 a customer gets into your business and gives you money. 0:05:11.600 --> 0:05:13.680 If that's not clear, they're never going to figure it 0:05:13.680 --> 0:05:16.479 out either. So that's number one. Number two, then the 0:05:16.520 --> 0:05:20.239 engines I would develop would be what are the fulfillment engines? Great, 0:05:20.360 --> 0:05:22.480 so now I'm a sales rep off signed somebody up. 0:05:22.720 --> 0:05:24.839 What does it look like to get them enrolled into 0:05:24.839 --> 0:05:27.839 the product, to hand them off to get their product installed, 0:05:27.920 --> 0:05:28.440 or whatever that. 0:05:28.400 --> 0:05:29.000 May look like. 0:05:29.200 --> 0:05:32.640 So number one, they get a fulfillment email that has 0:05:32.640 --> 0:05:35.520 the information to need. Number two they get a link 0:05:35.600 --> 0:05:37.800 to set a call or whatever that looks like. And 0:05:37.839 --> 0:05:40.280 so I would go through the business and map out 0:05:40.360 --> 0:05:43.080 all the different acquisition engines. I have all the ways 0:05:43.080 --> 0:05:45.640 that customers could give me money. Then I'd map out 0:05:45.720 --> 0:05:48.440 all the ways that I could fulfill on those customers. 0:05:48.520 --> 0:05:50.160 I would come up with all the tasks that are 0:05:50.160 --> 0:05:53.200 involved with those, and then I can understand what I 0:05:53.279 --> 0:05:56.520 need to pass off doing this step right here, and 0:05:56.560 --> 0:05:58.800 of course having the people to delegate that to, which 0:05:58.800 --> 0:06:00.719 you could find in just a week or two most 0:06:00.760 --> 0:06:04.440 likely could save you ten to twenty hours per week 0:06:04.440 --> 0:06:06.120 at least. That's sort of the average that we see 0:06:06.120 --> 0:06:08.480 with entrepreneurs that we work with. So that's sort of 0:06:08.880 --> 0:06:10.560 one of the first steps that we'll do to start 0:06:10.600 --> 0:06:12.719 reclaiming our time. But the beauty of this is it's 0:06:12.800 --> 0:06:16.520 not just reclaiming our time. Once we're giving this engine 0:06:16.520 --> 0:06:19.359 to somebody else to run, the business can start to 0:06:19.520 --> 0:06:23.240 scale without us, meaning it typically would grow faster with 0:06:23.360 --> 0:06:25.839 you removed out of the situation than with you there 0:06:25.920 --> 0:06:28.080 sort of as this gatekeeper or bottleneck that has to 0:06:28.120 --> 0:06:30.760 go to. So now you've reclaimed your time and most 0:06:30.880 --> 0:06:34.240 likely your business is starting to grow faster. That's step 0:06:34.320 --> 0:06:36.680 number one, which then takes us to the next problem, 0:06:36.880 --> 0:06:40.680 or step number two, which is the oh or optimizing 0:06:40.720 --> 0:06:43.679 your income. Now you have income. Again, whether you're working, 0:06:43.760 --> 0:06:45.839 you're a sales re up, a contract or a business owner, 0:06:45.839 --> 0:06:48.520 you have income. But most of us have a bucket 0:06:48.600 --> 0:06:51.200 the income goes into and it's full of holes. 0:06:50.880 --> 0:06:51.440 In the bottom. 0:06:51.760 --> 0:06:55.000 A small business owner, are you buried in all types 0:06:55.040 --> 0:06:57.280 of work keeping you from the real thing that makes 0:06:57.320 --> 0:07:00.200 you money. Well that's where just Works comes in, all 0:07:00.200 --> 0:07:02.760 in one platform that supports small business growth. 0:07:02.920 --> 0:07:04.039 You can get all. 0:07:03.920 --> 0:07:07.120 Their tools that help with benefits like payroll and HR 0:07:07.240 --> 0:07:11.280 and compliance with transparent pricing. Now they help you hire 0:07:11.320 --> 0:07:16.000 top talent internationally, internew markets, quickly scale international operations without 0:07:16.000 --> 0:07:17.960 the workload and forevery. 0:07:17.880 --> 0:07:19.080 How do I do it? Question? 0:07:19.240 --> 0:07:21.600 You can reach out to their expert staff from sole 0:07:21.680 --> 0:07:25.560 proprietor or a team of twenty. Just Works empowers all 0:07:25.640 --> 0:07:29.400 kinds of small businesses with real human support. So visit 0:07:29.600 --> 0:07:33.160 justworks dot com slash podcast to join the thousands of 0:07:33.160 --> 0:07:37.080 small businesses that trust just Works to take care of payroll, benefits, 0:07:37.240 --> 0:07:43.520 compliance and more. Again, that's Justworks dot com slash podcasts. Now, 0:07:43.680 --> 0:07:46.040 you can try to put water in even faster, but 0:07:46.440 --> 0:07:48.920 if you don't plug those holes, you're never going to 0:07:49.000 --> 0:07:50.920 really get that bucket filled up like you want. 0:07:51.040 --> 0:07:53.320 So how do we do that? There's a couple of 0:07:53.320 --> 0:07:53.960 ways we do this. 0:07:54.520 --> 0:07:56.960 We can look at loans that we're paying, bills that 0:07:57.000 --> 0:07:58.920 are going out, interest, we're paying all. 0:07:58.800 --> 0:08:01.320 Those types of things. Let's talk about the big one. 0:08:01.480 --> 0:08:04.400 The big one is taxes. Now, most people, if you're 0:08:04.480 --> 0:08:07.880 at least self employed, a contract or a business owner, 0:08:08.280 --> 0:08:11.280 most people that I've worked with, can save twenty to 0:08:11.320 --> 0:08:15.040 thirty percent on their tax obligations right out of the gate. 0:08:15.320 --> 0:08:17.760 So there's a handful of tax incentives that we need 0:08:17.800 --> 0:08:20.200 to understand as business owners that we can take. And 0:08:20.240 --> 0:08:23.320 the problem is your CPA is not the person to 0:08:23.360 --> 0:08:27.080 help you do this. Unfortunately, the CPA is not equipped 0:08:27.080 --> 0:08:29.680 to help you optimize your tax efficiency. What they are 0:08:29.720 --> 0:08:32.400 equipped to do is to help you file your taxes. 0:08:32.400 --> 0:08:33.080 They're great for that. 0:08:33.240 --> 0:08:35.760 You certainly need a CPA. I'm not trying to discredit them. 0:08:35.880 --> 0:08:38.000 You need a CPAs part of your team. But if 0:08:38.040 --> 0:08:41.000 you really want to optimize your income and get the 0:08:41.000 --> 0:08:43.600 biggest chunk of money back right away, you need a 0:08:43.640 --> 0:08:44.719 tax strategist. 0:08:44.920 --> 0:08:46.640 And a tax strategist will work with. 0:08:46.559 --> 0:08:49.520 Your CPA to show you how you can optimize your 0:08:49.559 --> 0:08:52.440 business and more importantly, your assets will get to that 0:08:52.480 --> 0:08:55.160 part next, so you can put the assets and the 0:08:55.280 --> 0:08:58.840 entities in the right structure to get the most tax efficiency. 0:08:58.920 --> 0:09:02.560 Income efficiency sued up with more after tax income. So 0:09:02.640 --> 0:09:06.280 now we've reclaimed time and our business is now growing 0:09:06.320 --> 0:09:09.520 faster without us. We need to add people to our team, 0:09:09.600 --> 0:09:12.840 specifically a tax strategist where we can put a couple 0:09:12.960 --> 0:09:17.320 typically three to five tax strategies in place to lower 0:09:17.360 --> 0:09:20.040 our tax bill twenty to thirty percent, so we have 0:09:20.120 --> 0:09:23.440 more time and now we have more income. Once we 0:09:23.520 --> 0:09:25.480 have those two things, it's time to get to the 0:09:25.480 --> 0:09:28.480 fun part, which is step number three, which is the 0:09:28.800 --> 0:09:31.720 m in the realm, or this is multiplying your wealth, 0:09:32.040 --> 0:09:35.520 not increasing it, not adding to it. But I'm talking 0:09:35.559 --> 0:09:38.480 about multiplying your wealth. So now we're to the fun part, 0:09:39.080 --> 0:09:41.560 multiplying our wealth. And there's a couple different ways that 0:09:41.600 --> 0:09:43.920 I think about this. So number one, when I think 0:09:43.960 --> 0:09:47.199 about my wealth overall, I think about not just my money, 0:09:47.240 --> 0:09:48.880 but I think about my time freedom. So we've already 0:09:48.880 --> 0:09:51.160 talked about that, we got our time freedom. We're now 0:09:51.280 --> 0:09:54.080 having more after tax income. But how do we grow 0:09:54.120 --> 0:09:55.720 that in the fastest way and not just grow up, 0:09:55.720 --> 0:09:57.559 but again multiply that. Well, there's a couple of things 0:09:57.559 --> 0:09:59.920 that I think about. Number One, we need to find 0:10:00.120 --> 0:10:03.000 the right assets. So when I talk about the right assets, 0:10:03.240 --> 0:10:05.920 I think about them in a couple different buckets. Number One, 0:10:06.000 --> 0:10:10.040 I think about scarce assets. So these might be beachfront property, 0:10:10.320 --> 0:10:15.160 real estate property, fine art, collectibles, old cars, Mona Lisa paintings, 0:10:15.559 --> 0:10:19.000 Bitcoin falls into this bucket, etc. Then I have assets 0:10:19.040 --> 0:10:22.240 that are energy intensive, so this would be like commodity, 0:10:22.320 --> 0:10:24.760 So to get uranium or nickel or copper out of 0:10:24.760 --> 0:10:26.880 the ground. You have to expend a lot of energy. 0:10:27.200 --> 0:10:29.920 And then third, we have assets that are neither scarce 0:10:30.320 --> 0:10:33.720 nor energy intensive, and I would typically put stocks into 0:10:33.720 --> 0:10:35.720 that four one K mutual fund that type of stuff 0:10:35.760 --> 0:10:37.840 in there. So typically, when I think about multiplying my 0:10:37.920 --> 0:10:40.320 wealth and putting money into an asset that's going to 0:10:40.320 --> 0:10:42.719 grow the fastest, I want to be in first category, 0:10:42.760 --> 0:10:46.920 which is scarce assets. Maybe some in the energy intensive 0:10:46.920 --> 0:10:49.520 assets as well, but really if we want to multiply it, 0:10:49.520 --> 0:10:52.000 there's a completely different strategy, and I call it the 0:10:52.120 --> 0:10:55.040 velocity of money. Now, I velocity of money is a 0:10:55.120 --> 0:10:57.680 term that is used in general economics, and it's used 0:10:57.679 --> 0:11:01.640 to measure how fast one moved through the economy. So 0:11:01.720 --> 0:11:05.080 for example, I go get lunch, I give them a dollar. 0:11:05.559 --> 0:11:08.000 They give that dollar to their food supplier. The food 0:11:08.000 --> 0:11:10.320 supplier gives the dollar to the gas station. The gas 0:11:10.360 --> 0:11:13.160 station gives the dollar to you get the point. And 0:11:13.200 --> 0:11:17.600 now that one dollar has moved four times through the economy, 0:11:17.840 --> 0:11:21.760 creating four dollars of economic growth. But there's only one 0:11:21.840 --> 0:11:25.240 dollar in and I like to apply that to my investments. 0:11:25.280 --> 0:11:28.680 You see, most people think about earning money and putting 0:11:28.720 --> 0:11:32.160 it into an investment one time. I like to think 0:11:32.160 --> 0:11:36.120 about how many times can I invest one single dollar. 0:11:36.280 --> 0:11:38.640 You see, if I can invest a dollar three times, 0:11:38.760 --> 0:11:40.559 I'm gonna grow faster than you. If I can invest 0:11:40.559 --> 0:11:43.240 a dollar five times or ten times, I'm gonna grow 0:11:43.320 --> 0:11:46.319 even faster. And that is what we call multiplication. 0:11:46.840 --> 0:11:47.600 How do we do that? 0:11:47.800 --> 0:11:50.760 Well, we do this by taking different assets and putting 0:11:50.760 --> 0:11:55.440 them into the right proper sequence and order in different 0:11:55.440 --> 0:11:58.840 types of vehicles. So, for example, we use infinite banking 0:11:58.880 --> 0:12:02.960 concept vehicles. We use debt, we use loans, we use leverage, 0:12:03.160 --> 0:12:05.880 we use real estate for tax efficiency, we use other 0:12:05.920 --> 0:12:08.600 assets that are easy to borrow against, like bitcoin, and 0:12:08.640 --> 0:12:11.720 we stack them in the proper order with the tax 0:12:11.760 --> 0:12:14.800 efficiency from step number two to then be able to 0:12:14.880 --> 0:12:18.360 invest those dollars multiple times. Now, this is easy to 0:12:18.440 --> 0:12:21.319 understand from a basic real estate example. Let me just 0:12:21.360 --> 0:12:23.400 give you a super high level one oh one on this. 0:12:23.679 --> 0:12:26.440 Let's just use real estate. Real estate is sort of elementary. 0:12:26.440 --> 0:12:28.720 Most people can understand this. So let's say that I 0:12:28.760 --> 0:12:31.640 buy a rental property somewhere in middle of America, one 0:12:31.720 --> 0:12:35.200 hundred thousand dollars property. And let's just say that it 0:12:35.240 --> 0:12:36.840 needs to be fixed up. Maybe I need to build 0:12:36.840 --> 0:12:38.760 a new garage or a car port, I need to 0:12:38.760 --> 0:12:41.280 paint it, and I can bring some value to that. 0:12:41.360 --> 0:12:42.120 So I buy it for. 0:12:42.080 --> 0:12:45.160 One hundred thousand. After it's done, after I've put a 0:12:45.200 --> 0:12:47.080 new garage or car port or cleaned it up. Now 0:12:47.080 --> 0:12:49.680 it's worth one hundred and twenty one hundred and thirty 0:12:49.679 --> 0:12:53.000 thousand dollars. I could refinance that home and pull ten 0:12:53.040 --> 0:12:55.800 thousand dollars out, which would then give me enough money 0:12:55.800 --> 0:12:58.720 to go buy another property. All right, So now I've 0:12:58.720 --> 0:13:01.959 put money into one propuit, I've pulled the money back 0:13:02.000 --> 0:13:04.640 out and now put it back into another property. 0:13:04.800 --> 0:13:05.920 I could put it into bitcoin. 0:13:06.000 --> 0:13:09.040 Right now, bitcoin's sitting at the seventy five thousand dollars level. 0:13:09.160 --> 0:13:10.959 In a year from now, it's worth one hundred and 0:13:11.000 --> 0:13:14.000 fifty thousand. I could borrow some of the money against 0:13:14.000 --> 0:13:16.440 my bitcoin and then go put it into a piece 0:13:16.440 --> 0:13:18.680 of real estate that I could increase the value, and 0:13:18.720 --> 0:13:20.560 then pull the money out of the real estate and 0:13:20.600 --> 0:13:23.280 go buy a new truck for my business to scale 0:13:23.280 --> 0:13:23.920 my business. 0:13:24.040 --> 0:13:25.520 You start to get the idea. 0:13:25.600 --> 0:13:28.600 So we're starting to stack different assets in different orders. 0:13:28.600 --> 0:13:31.680 Now the sequence and the order of this are very important. 0:13:31.800 --> 0:13:34.200 We need to make sure we're using the right entities 0:13:34.320 --> 0:13:36.920 and we're using the right tax efficiency in order to 0:13:36.960 --> 0:13:39.760 achieve this. But this is how we scale our wealth 0:13:39.960 --> 0:13:44.080 through multiplication by investing the one single dollar multiple times. 0:13:44.320 --> 0:13:47.079 So you can see how this system works together. The 0:13:47.120 --> 0:13:51.680 wrong reclaim our time first to optimize our incomes so 0:13:51.679 --> 0:13:54.400 we're keeping more of it. And then ultimately the money 0:13:54.400 --> 0:13:57.440 that we're keeping more of, we're multiplying it even faster. 0:13:57.520 --> 0:14:00.880 You want to use these three together in the proper sequence. Now, 0:14:00.960 --> 0:14:03.680 there's a template that most movies are made off of. 0:14:03.720 --> 0:14:06.000 It's called the Hero's two Journeys. And the reason why 0:14:06.000 --> 0:14:08.640 the hero has two journeys is because once the hero 0:14:08.760 --> 0:14:11.200 achieves what they set out to achieve, they realize that's 0:14:11.240 --> 0:14:13.600 not actually what they wanted all along, and they wanted 0:14:13.640 --> 0:14:16.240 something different. And that's exactly what's going to happen here. 0:14:16.720 --> 0:14:19.920 Once you get your time back, you get your income back, 0:14:19.920 --> 0:14:23.000 and you build up your wealth assets, you realize there's 0:14:23.080 --> 0:14:26.440 a lot more to life than just working for money. 0:14:26.800 --> 0:14:28.840 Money is not the goal. It's the first goal. It's 0:14:28.880 --> 0:14:31.120 something that we have to conquer first so we can 0:14:31.200 --> 0:14:32.960 get to the next level in life. 0:14:33.040 --> 0:14:35.040 All right. So that's the high level of the system, 0:14:35.080 --> 0:14:37.080 and hopefully that makes sense now. The reason why I 0:14:37.120 --> 0:14:39.040 wanted to break this down in steps for you like this, 0:14:39.240 --> 0:14:42.400 as opposed to the old train of thought of working 0:14:42.440 --> 0:14:44.720 for forty years. So one day maybe I live long 0:14:44.800 --> 0:14:47.560 enough to achieve my goal, or I need to have 0:14:47.600 --> 0:14:50.120 this massive exit of a business I don't even have yet. 0:14:50.240 --> 0:14:52.280 And both of those goals are too far in front 0:14:52.280 --> 0:14:52.520 of us. 0:14:52.560 --> 0:14:55.720 However, this rom system are things that you can start 0:14:55.720 --> 0:14:59.440 taking action on today. You can start to reclaim your 0:14:59.440 --> 0:15:04.280 time right now today. The reason why is money likes speed. 0:15:04.360 --> 0:15:07.320 You need to move fast in these things. I often 0:15:07.400 --> 0:15:10.200 use the old Chinese proverb that the best time to 0:15:10.200 --> 0:15:11.680 plant a tree was twenty years ago. 0:15:12.400 --> 0:15:14.360 You didn't do that. The second best time to plant 0:15:14.400 --> 0:15:16.680 tree is right now today. And so that's what we 0:15:16.720 --> 0:15:17.080 want to do. 0:15:17.680 --> 0:15:21.960 Start by identifying the ways that you get money, mapping 0:15:22.000 --> 0:15:24.760 it out and handing it off to somebody else. Get 0:15:24.760 --> 0:15:26.720 that going right now today. Let me know what you 0:15:26.720 --> 0:15:28.280 think in the comments down below if there's a way 0:15:28.320 --> 0:15:29.960 I can help you. If you'd like to know more 0:15:30.000 --> 0:15:33.040 about the velocity of money system and see that sketched 0:15:33.040 --> 0:15:35.120 out and how that works. You might want to watch 0:15:35.160 --> 0:15:38.120 this video right here and I'll see you over there.