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Showing posts from June, 2024

A Personal Definition for Wealth

Rethinking Wealth When we think of wealth, the image that often comes to mind is an extravagant amount of money, a figure so large that it’s hard to even comprehend. But what if wealth isn't solely about having more money than you know what to do with? What if it’s not about money at all? By rethinking what wealth means to you personally, you might discover that attaining it is more feasible than you ever imagined. The textbook definition of wealth is "an abundance of valuable possessions or money." But let's delve deeper into this concept by examining two fundamental questions:      1. What is abundance?      2. What are valuable possessions? Understanding Abundance Abundance is defined as a very large quantity of something, but what constitutes a "large quantity" is entirely relative. For someone who grew up in poverty, an abundance might be $48,000 a year, the median American salary. For someone from an upper-middle-class background, it might take millio...

Passive Income MVP - Asset #3: Your email list

Now we get to your email list.   Understand the value of your email list. With social media and affiliate marketing, you could already be making money, so what's the need for an email list?  Here's the thing: Most tips about making money online focus on doing it fast by capitalizing on the latest trends and developments.  What you want to build is consistent money, scalable money, and resilient money .  The online business long game, the space where the most money is made, is about creating deep connection with your audience.  On top of that, it becomes a way to super-charge your business; whenever you release something new, be it a video, a new course, or a new product, you've already got people who want to hear what you say ready to go. How do we do it?   It takes a few things: 1. A link to a landing page.  This is a SIMPLE page that shows 2 things: what the visitor can get by entering their e-mail address, and a place to put their email a...