#087 There Are Only 5 Modes To Make Money: The Upsides And Downsides of Each

Add my newsletter to your financial resources to get you to your first $100k net worth and then launch you to your next $1M. You can read previous issues on my website.

For exclusive videos that aren’t on the podcast, check out my YouTube channel.

On This Epsiode
There isn't an unlimited amount of modes to make money. There's just 5. 

When I learned this last year, it changed my understanding of how to make money.

Being able to categorize every business quickly and understand challenges they have will help you in your job, creating a business or running a side hustle.

If you want to accelerate your path to your first $100k or first $1M, then knowing this is an important step. It will impact decisions you make along that path.

0:00 - How to make money
1:28 - Products: Creating a good and digital or physical differences
6:14 - Advertisement: Selling space and time
8:08 - Information: Consulting, spies, and changing the world
10:35 - Deals: Complicated and everywhere
12:20 - Services: Fastest way to make money
14:42 - What doctors, Lebron James, Tom Cruise and Zendaya all have in common
15:50 - How to start a side hustle with experience you already have

Connect With Me
YouTube
LinkedIN
Website

Please Give A Review

If you like the show, it'd be awesome if you could take 10 seconds and leave a review on Apple Podcasts (click here to leave a review)

Connect With Stephen

Visit our website at www.lifebuilder.co

Connect with me on LinkedIN

Get the show and additional episodes on YouTube

About the Podcast

If working a 9-5 for 60 years so you can retire with a little money and die a few years later is what you want to do, then this is not the podcast for you.

Stephen is an executive coach that works with executives and entrepreneurs to build the life that they want, personally and professionally.

This podcast is about contrarian investment strategies around time, energy and money to build the 4 types of wealth and utilize lifestyle design to create the life we want. The interviews are with hi-earning individuals on how they make money so you can copy us and grow wealth too!

Reaching that first $100k milestone is crucial and then the game changes.

Learn how the wealthy view time, energy and money so you can apply these proven strategies to your life.