It’s normal see someone doing well for themselves and think ‘How did they get there?’ a lot of people, follow up with the thought “They must have had rich parents” or even, “I’ll never be smart enough to be rich”. If you fall into this category then we have some news for you bud, you can.
The phrase ‘There’s no such thing as a get rich quick scheme’ is partially true. It just completely depends on two things:
- What would you define as ‘rich’
- What would you define as ‘quick’.
Changing your mindset
Changing the relationship you have with money is the first step, and the best book for you to read more about that would be Rich Dad Poor Dad, by Robert Kiyosaki.
This book will go into the mindset and the way to look at money better than any other book on the market (in our opinion).
“People who avoid failure also avoid success.” – Robert Kiyosaki
Rich Dad, Poor Dad
An important takeaway that we feel the book didn’t touch on in much depth is the blunt saying ‘You have to risk money to make money’. This is true, and although no investment is ever guaranteed, there are ways you can minimise the risk.
What’s the secret to being rich?
Almost anyone that understands how to become rich will tell you the same thing, passive income.
Passive income is valuable not because of the monetary value it yields, but the time that you preserve allowing you to build other passive incomes. A good way to look at it is, how long would it take you to grind in your 9-5 job to earn an additional £6000 per year/£500 per month? A year? Two? Three? Longer?
Well what if you were able to earn an additional income yielding £500 per month within a matter of weeks? Sounds great right? Too good to be true? Well, lets dull it down a bit, what if you were able to earn an additional income by building a new project every 6 months that yields £500 per month? Within 4 years you would have a passive income of £4000 per month. Would £4000 per month be enough to live a relaxed lifestyle in Bali? Yep. So the idea of retiring in 4 years now becomes possible. But, to work your way up the ladder in employment for £4000 per month can take a long time, and even then, you’re stuck working Monday – Friday in order to secure it.
How does Freedom Factory help?
Well, believe it or not, our members are able to earn a passive income within weeks of joining. We all earn a passive income here, and we are sharing what we have tried and tested with you, our members. So you can earn almost immediately like we do.
Our community looks out for each other and introduces you to investment opportunities that we ourselves are invested in. So when you win, we win, together.
