Wealth

in #cryptocurrency7 years ago (edited)

Many of us are excited about Bitcoin and cryptocurrency.  We see opportunity, the future of currency and more. A lot of people are investing and seeing a way to make money. I agree, I see this too, but I want to share something interesting I recently came across for Entrepreneurs and people who want to make money. I found this to be solid advice. It's called the wealth triangle, by Dan Lok. And it got me thinking.
Imagine a triangle, each side will represent an important key to wealth and making money. So you can reach your dream lifestyle and stay there, but first I want to say.  Don't let the obsession of, "I got to make money, I got to make money" be your primary driving force. Instead let it be, you have something of value in this life you want to do or share. A passion and a way to help others along the way.

Now the three sides that complete the triangle are in the following order. High income skill, you trade hours for dollars, but high dollars.  And good high income skills will be where you work for yourself and you control the hours. It is the first thing to develop and build if you want to make a lot of money. And it will flow into and support the other sides of the triangle once you acquire it. The 2nd side is a scale-able business. Which usually is an online business like an e commerce web site where you can sell products. You can have more than one website and build it around various products and information you are passionate about. The last side of your triangle is Investing. Where you can take capital you have earned from the other sides and put it into high return investments. Cryptocurrency has shown itself to be quite a high returning investment, but at the cost of volatility.

So all this got me thinking, am I doing this wrong? I started a year ago with getting into e commerce. Then not to long ago I became really excited about cryptocurrency and immersed my self in that for a bit. No pun intended. And more recently when I came across the wealth triangle by Dan Lok. I discovered, high income skill. I thought, I don't have that and became discouraged. Though the more I listened to Dan and others that are successful I realized. I really don't have any of the things I'm trying to build because there is so much more to learn.

And this high income skill that you are supposed to start with turned into excitement. It is something new to research  and acquire. That will help me refresh and in a way to start over in the businesses I'm trying to build. I have a complete perspective now in discovering the wealth triangle and something I was missing. So I wasn't necessarily doing it wrong, I just had to push forward, learn new things and most important not give up! So I just wanted to share this with you in the hopes that it gets you thinking too. And maybe helps you discover something you may be missing on your journey to your goals.

Best Regards Andrea.                                                                                                
Sources, Dan Lok, The Wealth Triangle. F.U. Money.
Russell Brunson, The Affiliate Boot Camp. Click Funnels.
PS: Learn the rules, stick to the rules, then break the rules. Bruce Lee.

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