Expenses are not your problem. Not earning enough is.
You have to have multiple flows:
1) First flow should be your job.
2) Second flow should be the added value you create from your income producing skills.
3) After the first two are grooved in, you now start creating and investing in the scalable business to replace your job.
4) Now take some of that cash flow from your business to put it into high yield investments that can create multiple streams of passive income. You can use the income producing skill to stay active inside the business to pay you, the rest goes to investments that have potential to pay you passive income until your passive income exceeds that of your active income.
Too many people get stuck begging for a pay raise. “Give me more” “Give me more” – This is a poverty mentality.
Don’t beg for more money… Look at how you can create more opportunity for yourself.
►Where to follow and listen to Spencer:
How To Start And Grow A Six Figure Online Business: http://williamswealthcreation.teachable.com/p/coaching
1 on 1 High Performance Sales Coaching Packages For Your Business and Your Sales People: https://williamswealthcreation.teachable.com/p/salescoaching
High Income Education For Entrepreneurs: http://williamswealthcreation.com
Financial Education: http://williamswealthcreation.com
Thank you for watching this video—Please Share it. I read comments and share high income sales and business advice so please leave a comment and…
► Subscribe to My Channel
Spencer Williams is the #1 business and sales coach in Canada. Starting with only $5,000, he has built a multi-million dollar income for himself and his partners and become internationally renowned as a coach in leadership, e-commerce, sales, building generational wealth, entrepreneurship, finance, and social media. Spencer’s high-performance attitude and accurate viewpoints on the economy, building wealth, sales systems, and business in the digital economy have made him a valuable asset for business-minded individuals seeking solutions, guidance, and insights.
Spencer travels globally, providing 1:1 high-performance coaching for many of his successful clients. Still, his passion is helping entrepreneurs start and grow their first business or scale existing businesses with sales solutions and systems. He urges clients and followers to build generational wealth, learn real money-making skills, start businesses, help as many people as possible, and take calculated risks to reach a level of success that allows them to give back and be free in their purpose.
Business in the Digital Age:
Some refer to the times we live in as Industry 4.0, the age of the internet. But whether you’re online or not, business is about building wealth. That hasn’t changed. To build wealth, you must go into business for yourself as an owner, freelancer, commission-only salesperson, stockbroker, mortgage broker, or investment banker—something that offers the opportunity for uncapped earning potential. Spencer Williams wrote The Online Millionaire with this in mind, and he provides a way to leverage the immense wealth potential of the internet.
Whether it’s achieving self-mastery, conquering sales, setting up online businesses or integrating them with the traditional, acquiring your first three to five clients, learning to deliver and maintain, or scaling your business—Spencer’s Six-Step Success System can teach anyone how to be a successful entrepreneur and become the next online millionaire. Welcome to the digital age!