An 8-minute video from MJ DeMarco explaining how you can rich in 10 years or less, even if you’re starting with no money and no skills…
He outlines a stair-step approach, where your income potential increases at each step…
- Foundational job – covers food, shelter, health
- Specialized labor – basic self-employment
- Specialized skill – learn a rare skill, sell your time
- Specialized unit – create an asset that you can sell over and over
But here’s the problem:
Many aspiring entrepreneurs want to start out at the top step with a specialized unit. While that is possible, it is very difficult to do without money and without a corresponding knowledge base of a specialized skill.
As the saying goes: skills pay the bills 💰
So make sure you’re constantly leveling up your skillset.
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