How do you achieve financial freedom quickly?
Man, I get asked this question probably more than anything else on my experience journey and my email responses.
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How Do I Achieve Financial Independence? Quick Guide. From [UPPOSTING] |
when people are tweeting. All this stuff. The person wants to know, "How I do it quickly? How do you get to that state of financial freedom in five years?"
For those of you that don't know, me. I am your experience of financial freedom. I retired by the time I was 28 years old. I'm a best-selling author.
And today, I'm going to be breaking down 4 steps of what you can do in the next 5 years to win back your freedom.
This seems like one of the hardest and most difficult things to do. But I want you to understand that once you crack the code on it, you're done. Because you can repeat it over and over and over again.
The life that you want to live, manifesting this life of abundance and financial freedom and really what I call having it all.
Having it all is this idea that why not have that beautiful strong, fit, abled, healthy body? Why not have this relationship with yourself and others in the rest of the world where you're deeply connected and you've got this beautiful relationship with them?
Why not have a life of abundance where...
Listen, whether you want to be the world's biggest giver on the planet or whether you have dreams that are going to take lots of money or you want to put people on them on the moon. The reality is that you can have it all. All you got to do is crack the code on one thing that works.
Do you understand how cool that is? You're so much closer than you even know. And in this article, I'm going to be sharing with you the key 4 things for you to do that are going to help you win that life which is financial freedom in five years.
But before I share them, I want you to understand something.
The only reason why I have them versus not is that I got off my arse, I got up, I stood up and I said, "I need to make this happen because no one can do this for me.
" Fortunately, I started with great books but then I got mentors and people that supported me in my journey. And for you, I may be that support that you need to help you rise up and seize it all.
Wealth system
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| Build Wealth! |
The first thing that you're going to need is a wealth system. Now, I want you to understand something about the wealth system.
I need you to understand that there's a lot of ways to make money out there but you've got to find the one that takes
The least time.
The least effort.
The least risk.
that creates the most value for others and makes the most money.
If you can find something that meets those 5 criteria, then guess what? You've landed the system that you just repeat over and over and over again until it's built up the cashflow that you want to live life on your terms.
Now, as far as the system goes, the system that I leverage that I Read about in some book, The Straight Path ToReal Estate Wealth.
Years ago that I'm still using today. It's a very simple system where I leverage real estate investing, I basically buy homes at a discount in the best markets, with the highest ROI, the best cash flows, the best growth. And I have a team that does it all for me.
Because in the end, I don't want to be the landlord that has to do that nor mess it up. And I don't want to be the realtor that's licensed that's digging it up. And I don't want to be the loan officer. I've done some of these things before. And one of the things I learned that is worth writing down is that if you want something done right, don't do it at all. And don't do it yourself.
That's what the experts are there for. When Henry Ford built his automotive company, today he's still credited for saying that the only reason why he's able to do what he did it's not because he was an engineer. He didn't know how a car worked.
What he did is he knew that the secret was to surround himself with the smartest and brightest people instead of assuming himself to be that person. Because out the gate, you're going to be small. You don't have any idea or experience, you don't know what you're going to do. You got to surround yourself with a winning team that does.
Now, my system was really simple.
Buy real estate and do a deal where you could make 50 to100 thousand dollars on a home. And I was making 50 to 100 thousand dollars on the home.
So, for me to become a millionaire, let's just say I was making 50,000 a home, how many homes do you need to become a millionaire? 50,000, 100,000, 150,000, 200,000... 20! You buy 20 homes, you make 50,000 in each one of them, guess what?
You make a million dollars. What if you say that you want to have 5million dollars and you want a residual income of $400,000 a year. Maybe you want to have a $ 35,000-month residual income, great! Then there are several homes for you to buy. The reality is guys, it's a system.
You just learn it and you do it. I mean it's to the point where I even just walk people through the system.
Track record
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| Track Records! |
Step number 2. You need to build a track record. And a track record means that you need your first 2, 3, 4, or 5homes to be home runs. The known person that I work with, when I get them started on their first few homes, the most important thing is not the money they're going to make on those homes.
I need them to be home runs and to know how they made those home runs happen.
Because more important than the money they're making on those homes is their track record. Here's why a track record is so important.
It's because you can sell a track record rather than selling a property.
The idea is infinitely worth so much more than whatever gains you'll ever make on that home.
For example, when I got into the game of real estate, everyone thought I was crazy. My family was supportive but even they probably thought I was a little bit crazy. She thought I was really putting myself out there on the edge. My siblings thought I was crazy. My friend said I was crazy. And you know what?
It took some courage to step out and act and it was because of the pain in my life that said, "I can't keep going on the way that I am because my telemarketing job is never going to get me where I want to go. My college degrees as I evaluate them are never going to allow me to live anything other than mediocrity and some level of average life."
And I just didn't want average tobe a part of my destiny.
So, when I bought my first house, I was alone. And I took me14 months to figure out how to do it. But then because a system emerged, I did it a second time. I did it a third time. And by the time we get ready to do it the fourth time, I showed my family a track record on 3 homes and because of that record, guess what?
They decided that he would put up the money for the fourth deal.
This was awesome because I actually didn't have the money and I was totally stressing. Because that deal made money, my family made 100% on his money. they decided to do the same again and again and again. And then I learned about step 3.
Duplicating
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| Duplicating! |
If I have a track record where someone will get involved with me, then the third thing that you learned how to do is you duplicate it faster by getting multiple partners. In other words, open up more doors.
Open up more outlets. So, my family, even though they and I would go in to buy 50 homes, guess what I was doing in the meantime with many other people? We were going to buy 5-10 homes. We were going to buy 20 homes, we were going to buy 50 homes.
And now, I commanded all of this wealth and all of this real estate.
Because number one, it started with having a wealth system. Just one thing that works.
And then number 2 doing it enough to get the track record.
The hardest part of all. And then number3 duplicating it, going a lot faster by having partners.
Just repeat it
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Just Repeat It! |
The fourth step is then just repeating it. Friends, those 4 steps are what have brought me to where I am out today. And I'm telling you I'm on my journey to becoming billionaires.
But guess what? It's something I could duplicate over and over and over again. So, if you're reading this article and you're thinking to yourself, but what if I have really big goals and dreams?
What if I want to make 5,000 a month? 50,000 a month, a million a month? Do I believe that you can do that? Friends, I have first-hand knowledge. I know that you can. You got to start with the first step, though you need a wealth system.
Conclusion
And importantly My advice to you going forward is this: Don’t obsess over financial freedom in five years. Live your life to the fullest; even ...
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