Are you ready to master your money mindset and take back control of your finances?

Let's face it, no one likes being in debt. However, it is a reality for many. Student loans, mortgages, and credit cards all serve to set you back financially.

If you want to get out of debt, you have to change your money mindset. Your success is determined, in large part, by your ability to effectively manage your money.

The key to getting ahead financially is getting started. If you're ready to change your financial situation, keep reading!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/384f53f2-b196-4192-9b1b-2e00805fcc63/stream.mp3″ background=”default” ]

Are you ready to build a million-dollar online business? CLICK HERE to take my FREE quiz to discover which online business model is best for you!

Financial stress can impact your mental health.

According to Forbes, individuals with high financial stress are twice as likely to report poor health overall and are four times more likely to complain of ailments. Despite this reality, people still fall into the trap of overspending on things that they don't need.

In short, they have bad spending habits. As a result, they end up falling into debt. It can be very challenging to get out of debt due to high-interest payments, which is why you want to avoid debt at all costs.

Credit cards and other unsecured loan debt tend to have interest rates higher. The average personal loan interest rate is 9.63%, while the average credit card has a 14.52% interest rate.

Money management has been the key to my success in life. However, I didn't always have good money habits. When I was in my early 20s, I was in a lot of debt. In fact, I racked up $15,000 in credit card debt.

I was living above my means and I had no idea where my money was going every month. It wasn't until I got real with myself and stopped avoiding the reality of my situation that I was able to take back control of my finances.

You can't be blind to your finances. Rather, you have to be hyperaware of your income and expenses. Track everything that you spend. Create a monthly budget and start reducing or eliminating any expenses that may cause you to overspend.

It's not the amount of money that you budget that matters.

Rather, it's the habit of budgeting that makes all the difference. There is no point in making more money if you cannot manage the money that you already have. By building the habit of money management now, you will be able to manage higher amounts of money in your future.

When it comes to budgeting, you can expect to have to make some sacrifices. I had to give up a lot of things that brought enjoyment to my life to get out of debt. I'm not going to say that it was easy, but the payoff was well worth it. I swapped short-term gratification for long-term wealth.

When I started my online business my first goal was to make $1 online. John Hayes was the first Internet marketer to make $1 million online in one day. He believed if you can make $1 online, you are 95% away from making $100,000 online.

The moment that you make $1, you get instant validation that whatever you're doing is working. This is what gives you the confidence to keep going and find ways to scale up. This is exactly what I did in my online business.

I've gone from being broke to becoming a multi-millionaire. 

Another great way to get ahead financially is to invest in yourself. You never lose by investing in your future self. In the words of Warren Buffett, “The more you learn, the more you will earn.” Attend seminars and events, read books, or find a mentor.

When you invest in your personal growth and development you learn skills that increase your value and potential to make more money. Over the years I have invested hundreds of thousands of dollars into myself. As a result, I've been able to build a 7-figure business doing what I love.

This is the money mindset of a millionaire.

No matter how bad your financial situation is right now, you have the power to take back control of your finances. When you change the relationship that you have with money, you start attracting more wealth into your life.

Financial success doesn't happen overnight. However, if you're committed to reaching your financial goals, there is no limit to what you can achieve. Are you ready to master your money mindset and build long-term wealth?

Are you ready to build a million-dollar online business? CLICK HERE to take my FREE quiz to discover which online business model is best for you!

If I could only buy 1 stock, this would be it.

Before I tell you what my choice would be, did you know that there are roughly 3,600 stocks listed on U.S. exchanges?

Thus, choosing just 1 stock is not an easy decision to make. As a result, I'm going to give you two different responses.

Keep in mind that I am not an investment expert or a financial advisor. I merely want to share with you my investing knowledge and experience.

With that being said, keep reading to find out the 1 stock that I would buy!

Watch the video below:

(Click Here To Watch On YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/0929e9f8-3685-45cd-9e70-e089c5cb3622/stream.mp3″ background=”default” ]

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

The best time to buy stocks is right now.

If you are ready to start investing in the stock market but you don't know the best stock to invest in, you've come to the right place. I've been investing in stocks for over a decade now.

I've learned A LOT along my investment journey. Today, I have a multi-million dollar investment portfolio. Whether you're a beginner or a seasoned investor, the information that I am going to share with you today will set you up for financial success. Let's dive in!

The ETF I'd Invest In

I think that investing in ETFs is the best investment that you can make, long-term. It's in alignment with my long-term investment philosophy. The best ETF stock that I would buy would be the Vanguard S&P 500 ETF (VOO).

This is an index fund that holds the top 500 companies in the United States. Vanguard is great because they have the lowest fees, compared to other ETFs. Historically, the S&p 500 has returned 9-10% every year.

The billionaire investor Warren Buffett suggests that the average investor should invest their money into the S&P 500 index fund.

He even instructed the trustee who will be in charge of his estate to invest 90% of his money into these assets for his wife when he dies. Warren Buffett plans on investing the remaining 10% in short-term government bonds. Even he knows the market will outperform any investor long-term!

Individual Stock Examples 

Picking one individual stock is more tricky because there are so many great companies.  There is a lot of speculation involved with individual stock picking. You don't know how individual stocks are going to perform, 10-50 years from now.

A lot of the tech companies that I like are relatively new. It's always risky to invest in a company long-term that doesn't have a lot of history. Nevertheless, here are a few of my favorites.

1. Amazon

Amazon dominates the online retail market. However, they also have Amazon Web Services, which is a huge contributor to their revenue. No company is quite like Amazon, which keeps its competition low.

Warren Buffett suggests that you invest in businesses that have a wide economic moat around them. A big moat that Amazon has is its Prime feature. When customers sign up for Amazon Prime, they get access to Amazon Prime Videos.

This means that Amazon is now competing with Netflix, HBO, and Disney. As part of a Prime membership, customers also get access to the Amazon Prime Music streaming service.

A company that can get into video streaming, music, and podcasts has a huge advantage that other companies can't compete with. Eventually, I think that Amazon isn't going to need shipping companies like FedEx and UPS. They can build their own delivery system.

On top of all of this, the global expansion of Amazon is insurmountable to any other company in the world. Even though big companies like Walmart have an online platform, they are only in the U.S.

I think that Amazon will continue to grow, long-term, in many different sectors.

Some people would argue that there is a risk involved with investing in Amazon because Jeff Bezos has stepped down as CEO. However, the Founders of Apple and Microsoft stepped down as well. When Steve Jobs stepped down from Apple and Tim Cook took over, they went on to become a trillion-dollar company. The same thing happened with Microsoft when Bill Gates stepped down.

2. Tesla 

Elon Musk is an incredible entrepreneur and innovator. I love that he is willing to take risks and get into different markets. His ideas are very progressive. I think Tesla has an amazing brand and a cool factor, similar to Apple.

Tesla is the leading EV manufacturer in the world. They have the best technology and their business is diversified. However, competition is coming.

For example, I was at a Jaguar dealership the other day. The CEO of Jaguar said that by 2025, they will switch everything to EV. It's only a matter of time before other automakers catch up. Thus, Tesla will have to continue to find ways to diversify.

The reason why Tesla is over-valued is that investors factor in the growth of the company years in advance. For example, the one challenge that Tesla has is its delivery service.

In fact, recently I was looking to buy the Tesla Model X in Vancouver. However, they don't have any in their inventory. They don't even have demo cars! If I want to order one, I have to wait until January or February to get it.

I'm looking at other vehicles now because I don't want to wait that long. Investors factor this in, which is why Tesla is priced the way it is right now. Once they get that sorted and keep up with the demand, their revenue will explode.

3. Apple 

Apple has an amazing balance sheet. During last year's holiday quarter, Apple reported all-time record revenue of $111 billion. These numbers prove that, as a company, they are well-positioned for growth and scale.

Warren Buffett has been quoted as saying that “Apple is probably the best business I know in the world.” However, Apple does have competition like Samsung and Android.

This is why I love Amazon over Apple — because it isn't as vulnerable to competition.

4. Shopify 

As someone who has an eCommerce business, I can say without a doubt that there isn't anyone close to competing with Shopify. If you are an eCommerce seller, Shopify is the best path that you can take.

However, Shopify isn't as diversified yet. I would have to wait to see if it diversified before I invested in, long-term. A company has to be able to pivot as changes occur in the market.

They have to have a Parthenon that has multiple pillars or parts of their business. When a Parthenon structure is in place, even if challenges arise and one pillar gets removed, the foundation of the business will remain strong.

If I could only buy 1 stock it would be the Vanguard S&P 500 ETF.

Choosing which stock to invest in can feel overwhelming, especially given the fact that there are so many options. That being said, I would go with a low-cost index fund and diversify your portfolio over time.

If you are ready to start investing, I encourage you to open up a brokerage account. Doing so will allow you to freely buy and sell stocks. Decide what your investment goals are, determine your level of risk, and just get started!

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

This is what I wish I knew before investing in stocks.

I've been investing in stocks for 10 years. Several years before that I was investing in mutual funds.

I've had a successful investment journey and I've made a lot of money from the stock market.

However, I've also learned some painful lessons and lost money.

As a result, I've become a more experienced investor. I want to share these investing lessons with you so that you don't make the same mistakes that I made.

Keep reading to find out the 5 things I would have told my younger self about investing!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/fc60988f-6694-4a35-b43e-55caa61667b8/stream.mp3″ background=”default” ]

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Investing is a smart way to grow your money.

You want to make your money work for you. However, sometimes it can be hard to know whether or not you've made the right investment move. Everyone has a different investing strategy.

How you decide to invest your money will depend upon your financial situation and your level of risk tolerance. Nevertheless, the lessons that I'm going to share with you will be invaluable as you move along your investment journey.

I hope my experiences help you become a more experienced investor so that you can achieve investment success. Here are the 5 things that I wish I knew before I started investing in stocks. Let's dive in!

1. Do your research 

One of the cardinal rules of investing is to always invest in what you know. Ten years ago I started generating a lot of cash flow in my business. I had a lot of money sitting around that wasn't making me money. Thus, I felt pressure to do something with it.

I didn't want to spend much time investing because my business was consuming a lot of my time. Instead, I decided to sign up for a newsletter which I paid for every month.

In this newsletter, experienced investors told me what to buy and what opportunities they saw in the market. Because I didn't think that I had time to do my research, I blindly trusted these investors. That was a mistake.

I still made money overall, but there were better investments that I could have made. In short, I didn't know when to sell my investments because I didn't have an investing strategy.

If I could it all over again, I would have invested most of my money in index funds, primarily large-cap companies. When you invest in index funds, you can invest in one stock that owns many different companies.

Thus, you get diversification from that. More importantly, you can be a passive investor. Index funds are the only investment that I can confidently say I will hold forever. They are based on a sector of the economy, which is something that always goes up, long-term.

2. Take the emotion out of investing 

In the short term, the market is shaped by human emotion. Emotion-driven investing is a recipe for disaster. When people are fearful, they end up making poor investment decisions.

Ideally, I try to avoid having any emotion associated with my investments in the short term. I now know that the market will go up and down.

Take it from Benjamin Graham, who is the author of the book The Intelligent Investor. He says, “In the short run, a market is a voting machine but in the long run, it is a weighing machine.”

People buy and sell based on what is popular and what is not. In the short term, a lot of companies may be inflated in value because it's a hot stock that everyone is talking about. However, long term, patience is key.

That's when the value of a company matters most. This is why I am a long-term investor. Check-in with yourself – do you freak out when you see that your stocks have dropped a certain percent, to the point that you want to sell?

Similarly, do you get overly ecstatic when your stocks go up? Be wary when you respond in these ways. Focus on the long-term. As long as the trend is going up, you're good.

3. Be Patient

Patience is a challenging skill to learn. However, as you gain more wisdom and experience as an investor, you will become more patient. Let's go back to the situation I described above where I had a lot of money sitting around.

I felt pressure to invest in something because my money wasn't doing anything for me. In the early stages of my investment journey, I forced myself to make investment decisions too quickly. In December of 2019, I published a video titled What I'm Doing To Prepare For The Next Recession.

I didn't know that there would be a stock market crash based on a pandemic. However, I did know that a recession would inevitably occur. At the time, I was learning about the cycle of the stock market.

Early on I wish I knew that every year there is a correction in the market where it drops up to 10%. Every ten years, there has always been a crash of 10% or more.

I'm a fan of Ray Dalio, one of the greatest investors of all time. He is the CEO of Bridgewater, which is one of the top Hedge fund companies in the world. He has a great video on YouTube titled How The Economic Machine Works that I recommend you watch. Inside that video, he talks about how we were due for a crash.

I view a market crash as an opportunity to buy the stocks of great companies at a discount. Thus, I had the patience to hold onto a lot of cash and wait for an opportunity to arise.

At the same time, I still wanted to put some of my money to work.

You don't want to sit and wait forever. You may miss out on some of the gains. However, I was holding the bulk of my money for when a crash occurred.

Sure enough, the stock market crash happened in March of 2020. I had one million dollars in cash that I was willing to invest, so I went on a shopping spree. I bought a lot of companies, including ETFs and individual stocks. These were large-cap companies that were on sale.

In the words of multi-millionaire investor Warren Buffett, “Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy, and greedy only when others are fearful …”

This quote speaks to the emotion-driven piece of investing that I spoke about above. When people are fearful, they end up selling their investments. This is an opportunity for you to be greedy.

I was greedy. As a result, my investments have paid off tenfold since the market recovered. This is a great example of what can happen when you're patient with the stock market.

4. Know when to sell, and be OK with taking a loss

When I first started investing I never wanted to sell anything. I didn't need to sell my investments because I didn't need the money. However, when you're an investor, I've learned that you only lose or make money when you sell.

If you invest in something and it goes down, you don't lose that money. It's only when you sell that stock that you experience a loss. The same thing happens when the money goes up.

Even though certain investments may recover over time, if you wait too long, you'll be missing out on other investment opportunities. Let's say that I put $20,000 into one stock but I lose $10,000. With that $10,000 you still have left you could wait, but you risk stagnation.

I've learned that it's OK to take a loss if you invest your money into something that will allow you to get your money back faster. Back to the example above, you could take your remaining $10,000 and put it into a better investment, like the S&P 500. It never feels good to lose money, but you have to look at the big picture of your investment portfolio.

5. Have fewer investments and a more simplified portfolio

A mistake that I've made in the past is investing in too many stocks at once, especially during the pandemic. The problem with having so many different stocks is that it's difficult to manage all of them.

To be a great investor, you have to pay attention to what is happening. There will be times where you might need to sell or pivot. The only way that you know when to do that is by being in touch with what is going on with the companies you've invested in.

AT&T is a good example of what happens when you aren't up to date with a company. Until recently, they've been known as a high dividend-paying stock. This stock is a staple for a lot of retirees because it's a great income investment.

Recently AT&T decided to change their business and they decided to cut their dividend. Thus, it's a lot less than it used to be. That's not good for people who depended on that money as retirees.

When it comes to simplifying your portfolio, start by evaluating what your long-term investment goals are. Once you know what that looks like, you can create an asset allocation. An asset allocation is an investment strategy where you distribute your investment portfolio among different asset classes.

These are the 5 things I wish I knew before investing in stocks.

I think that these are valuable lessons for any investor. However, everyone has a different investment journey. The lessons that you learn may be different from mine.

There will always be ups and downs in the stock market. Everyone loses money at some point. Don't let investment losses stop you from investing altogether. If you learn from your mistakes, you will make better judgments in the future.

On that note, happy investing!

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

If I started over tomorrow, these are the 10 steps that I would take to make $1,000,000.

I have been immersed in the Internet marketing world for over a decade now. I've built a multi-million dollar online business from the ground up.

Here's the best part – I started with nothing. So can you.

There are so many incredible opportunities that exist online to create wealth. The question is… are you ready to take action and work harder than you've ever worked before?

If you are ready to start your entrepreneurial adventure and want advice from someone who lives where you want to go, read this!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/f6cfb3e7-1b8b-4af7-9471-92d770f755a1/stream.mp3″ background=”default” ]

Are you ready to escape the rat race and design life on your terms? CLICK HERE to take my FREE 60-second online business quiz to find out which business model is best for you!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

This is how I went from zero to $1,000,000.

One of the most powerful lessons that I've learned along my journey to becoming a millionaire is that it's not what you get, but who you become that matters most.

Inside this blog, I am going to share with you the steps that I took to make $1,000,000 when I started with zero dollars in the bank. As I walk you through these steps, I'm going to act as if I don't yet have the skills that I have spent years of my life cultivating.

From personal experience, I can confidently say that wealthy people think differently from everyone else. Researchers who studied hundreds of self-made millionaires for several years have found that many tend to practice different habits or display heightened traits that help them build wealth.

Thus, to make $1,000,000 you will have to do what others will not. The hardest part is going from zero to 6-figures. However, once you get to this point, you can scale your business, fast.

Keep in mind that I didn't make my first million through investing in stocks or cryptocurrencies. Rather, it was through building an online business. If you don't have a lot of money, an online business is a great place to start.

As you work through each of the 10 steps that I'm going to share with you, make sure that you also do the work to cultivate an entrepreneurial mindset. A strategy will only take you so far. At the end of the day, you are responsible for taking action to create wealth. On that note, let's dive in!

Step #1 – Find a job that helps you cultivate a high-income skill 

If you need to make more money, find a job that allows you to develop skills that will contribute to your entrepreneurial success. When I was 21 years old, I cultivated the skill of public speaking and coaching. I wanted to be in the business of helping others.

Soon thereafter, I started my first business, which was called Lifestyle Transformations. I facilitated free seminars every two weeks to promote my coaching services to people. The money that I made in my first online business didn't make me a millionaire.

However, the high-income skills that I developed in my role as a dating coach (sales, communication, marketing, coaching) have served me well in many other aspects of my online businesses today. In particular, in my role as a YouTuber.

Figure out which high-income skill you can master that will allow you to make good money on the side while you're building your online business.

For example, if you're a great writer, you could work as a freelance copywriter for entrepreneurs or companies. A role like this would allow you to master SEO and learn about the inner workings of an online business. This kind of knowledge is invaluable.

Step #2 – Choose a niche 

A niche is a topic, category, or genre. You want to choose a niche that you have a passion for and that you believe in. Also, you want to choose a niche that has a high demand and potential for profitability. Study and follow successful entrepreneurs whom you want to model. Draw inspiration from their work.

Get to know the “ins” and “outs” of their business. What are they offering? How are they making money from this niche? Whichever niche that you choose, you want to go deep with it so that you can build a brand around it.

Step #3 – Build a brand 

Simply put, a brand is a name that a mass number of people recognize and associate emotion with. Your brand is derived from who you are, who you want to be, and who people perceive you to be. More importantly, it is what differentiates you from the competition.

In the words of Jeff Bezos, “Your brand is what other people say about you when you're not in the room.” Your logo and your website are key components of your business that communicate what your brand is all about. They reflect your brand identity.

Step #4 – Create content 

The best way to build your brand is through content creation. Content is king. It's everywhere. Content comes in many different forms – video, social media updates, blog posts, articles, podcasts, infographics, and eBooks.

There are a variety of different platforms that you can create content on, whether that's Instagram, YouTube, Twitter, Facebook, or any of the podcasting platforms.

I love being a content creator. It's what I spend the majority of my time doing in my business. Creating content is what has allowed me to attract hundreds of thousands of people to my YouTube channel and blog and build my brand to where it is today.

Content marketing is a great relationship-building tool. Identify what your customers' problems are and create content that helps them solve those problems. Doing so will help you build trust and create raving fans who end up buying from you again and again.

If you want to become a millionaire one day, you should publish content at least 3 times per week. Video content, is by far, one of my favorite ways to deliver content to my audience. If I were to start over, I would have focused 80% of my content creation efforts towards YouTube.

I suggest publishing videos on a variety of different topics related to your niche. Also, experiment with different types of video marketing, whether that's product reviews, vlogs, interviews, or Q&As.

See which videos get the most engagement and then create more content on those topics. Keep in mind that, for the first few months, you'll be creating content that nobody consumes. Push through and don't give up. Eventually, engagement will increase.

Step #5 – Do affiliate marketing 

Once you start creating a lot of content and have a pretty solid following, start leveraging the power of affiliate marketing. Affiliate marketing is the process of earning commissions by promoting other peoples' products or services.

When choosing affiliate products, I suggest not promoting anything that you haven't used or benefitted from yourself. Only promote products that you feel will change people's lives.

I would encourage you to choose 1-3 products and act as if they are your own. Market and promote them as if they were under your brand. If you want to make $1,000,000, I would suggest promoting higher ticket affiliate products.

That being said, remember that affiliate marketing is not a get-rich-quick model of income. If you're willing to stick with the process, long-term, there is no limit to how much money you can make.

Step #6 – Sell on Amazon 

So much money is being made on Amazon right now. It's too hard to pass up on this opportunity. By selling on Amazon's platform you get access to hundreds of millions of their customers (in the U.S. alone). Amazon is the largest eCommerce search engine. Thus, it's easier to rank products.

When it comes to selling on Amazon, you can either sell books or physical products. If you decide to self-publish, write books that are relevant to the content that you publish online. A book is easy to write if you're already in the habit of creating content.

Publishing books is a great way to generate leads and build your brand. In this video, I walk you through how you can create $10k/month in passive income with Amazon book publishing.

If you want to take advantage of this opportunity, I've got a course that I created called Mastering Book Publishing where I share my step-by-step system for publishing books on Amazon.

Publishing your book on Amazon is half of the battle. If you don't market your book effectively, nobody will ever find it!

This is why I also created a course called Mastering Book Marketing, which teaches you my best marketing strategies for getting more Amazon book sales. Book publishing is the most beginner-friendly way of making passive income online.

However, if you want to create financial freedom, I would sell physical products on Amazon related to your niche. An Amazon FBA business costs more money to build, but the potential to make larger sums of money is greater.

If you want to learn more about selling on Amazon FBA, check out my FREE 4-part video training series where I share my Amazon blueprint for success and how you can create your first $10k month selling online.

Step #7 – Create a funnel and an email list 

A funnel is similar to a landing page. You want to give people something of high value so that you can collect their email addresses. By doing so, you build an email list.

When it comes to creating a funnel, I suggest using ClickFunnels. They have a lot of great tools that help you market and sell your products online.

An email list gives you the ability to connect with and build relationships with people. More importantly, it's a great place to promote your newest products or services so that you can scale your business. AWeber is a great software for building and growing your email list.

Step #8 – Create a 30-day email follow-up series

Once people opt-in to your email list, you want to write out an email follow-up series that can be created using AWeber. Within your email follow-up series, you want to make sure that you're always adding massive value to your subscribers.

These emails provide you with an opportunity to deepen the relationships that you have with them. Email sequences can move people through a journey of not having ever heard of your company to becoming a customer and (potentially) a raving fan.

A great way to increase email engagement is through storytelling. When it comes to your email writing, aim to tell a story in a way that allows your subscribers to connect with the message that you're trying to get across. Always strive to help people first. The money will follow.

Step #9 – Coach people 

If people benefit from your content, there will be a percentage of them who will want to work with you more intimately. Coaching isn't passive because you're trading your time for money.

However, it allows you to build your coaching skills and carve out a name for yourself as an expert in your field. More importantly, it allows you to connect with some of your audience members on a deeper level.

Step 10 – Create an online course

At this stage of your entrepreneurial journey, you have enough data to know what people want from you. In an online course, you're breaking down what you would teach people in a series of 1:1 coaching sessions and providing them with a system for achieving a specific result.

An online course is a great way to scale your online business because it allows you to reach a lot of people.

If I started over again with my online courses I would probably have created something similar to what I've done with my Life Mastery Accelerator and Online Business Mastery Accelerator group coaching programs.

Conversely, I may have created a high-ticket course around a very specific topic that had a coaching element to it, and maybe some done-for-you services.

If I started tomorrow, these are the 10 steps I'd take to make $1,000,000.

Your life path may look very different from mine, which will mean that the steps you take will be different. That's totally OK. Know what your passions and strengths are and leverage them.

Entrepreneurship is a journey. The plan that you start with may not be the path that unfolds. Be flexible, stay open, and be willing to pivot if need be. It may take years to grow your wealth. It did for me! However, don't let that stop you.

Remember that it's who you become along your journey to success that matters most. Embrace the journey. Every step that you make is leading you to $1,000,000.

Are you ready to escape the rat race and design life on your terms? CLICK HERE to take my FREE 60-second online business quiz to find out which business model is best for you!

Are you ready to create insane wealth and build a life that you never need a vacation from?

Inside this blog, I share how you can become a millionaire in 5-15 years. If you're sitting there thinking, “I wish I didn't have to wait such a long time to get rich” this is your wake-up call.

Building wealth is a long game that requires healthy financial habits. Wealthy people have mastered the long game.

They have a clear understanding of their financial vision. More importantly, they take actionable steps every single day to maximize their chances of fulfilling their long-term goals.

Keep reading to find out my 10 steps for creating wealth, even if you have no money!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/6d994e07-cbba-4868-8632-7a3f496baedb/stream.mp3″ background=”default” ]

Are you ready to create long-term wealth and build a profitable online business? CLICK HERE to take my FREE 60-second quiz to find out which business model is best for you! 

This is how to create wealth, even if you're starting from zero.

A lot of people want to know what the magic bullet is for creating wealth fast. Unfortunately, there is no get-rich-quick scheme to becoming ultra-successful. Eighty percent of wealth is based on one's psychology, while only 20 percent is based on mechanics.

This is why I am a believer in developing a millionaire mindset before doing anything else. Wealthy people think and act differently. Cultivating a millionaire mindset is what will help you reach your long-term financial goals.

I recently read an article by CNBC that talked about the net worth that each generation says they need to be considered wealthy in 2021:

• Millennials (aged 24-39) – $1.4 million
• Gen X (aged 40-55) – $1.9 million
• Baby Boomers (56-74) – $2.5 million

When I was 27 years old I became a millionaire. It was an amazing experience to hit that milestone. Honestly, I achieved that goal with some mixed feelings. Once I made one million dollars, I soon realized that it wasn't enough money.

I was been born and raised in Vancouver, Canada which is one of the most expensive places in the world. I can't even buy a 1,500 square foot condo in Vancouver for $1,000,000!

Of course, the amount of money that you need to live comfortably will be based on where in the world you live. Nevertheless, I want to encourage you to think bigger than the net worth figures that you see above.

At the end of the day, it's up to YOU to define what wealth means to you.

How much money do you really need? What financial goal do you want to strive towards? I encourage you to take some time to reflect upon and answer these questions.

Inside this blog, I'm going to share 10 steps for creating wealth that will allow you to become financially free. I've broken down these 10 steps into the following 4 stages.

Stage 1 – Mindset 

The first stage lays the foundation for your success. It encompasses your strategy, habits, psychology, and mindset.

A lot of people try to create wealth by starting a business or by investing. Unfortunately, they forget about the inner game of success. If you believe that you deserve success, naturally you will do whatever it takes to become successful.

However, if you have not yet done the work to reprogram your limiting beliefs, you'll only end up sabotaging your success. It's the inner game that produces the outer results.

Stage 2 – Hustle 

The second stage is all about the hustle. If you want to become wealthy, you will have to take massive action and work harder than you've ever worked in your life. In effect, you'll have to do what most people will not do. If you master stage 1, you'll be fully ready for this stage.

Stage 3 – Investing 

The third stage is all about investing. Once you have money, it's so much easier to make more money. Investing allows you to create large sums of money without a lot of effort.

I am currently in this stage. I don't need to hustle anymore. Typically, I only work 10 hours per week. I make more money investing than I do in my business.

If you're still hustling then you're not learning how to leverage your skills and make your money work for you. Figure out how you can get more results with less effort. The goal is to work smarter, not harder.

Stage 4 – Optimization

This is when you optimize your taxes. The biggest expense you'll ever pay is in taxes. Some people ask me, “Why did you move from Canada to Panama?” One of the main reasons was tax optimization.

By living in Panama I save millions of dollars in taxes. That is what has allowed me to accelerate my net worth. It would have taken me years to do this if I was still living in Canada. Half of my income would have gone towards taxes.

Ten Steps For Creating Wealth 

I want to compel you to take notes as you move through these steps. My outcome isn't merely to give you information. Rather, I want you to implement what it is that I'm going to teach you.

Consuming information and then taking massive action is the recipe for radically transforming your life. These steps aren't easy, but they are simple. Let's dive in!

Step #1 – Create A Vision & Purpose For Creating Wealth

If you don't know the kind of lifestyle that you want to have, you'll never be able to figure out how much money you will need.

In my early 20s, I decided to write out what my ideal day would look like. I used my imagination and shifted into a mindset of possibility. I would recite my vision out loud to myself every day. Doing so made it feel real.

Another great way to make your vision a reality is to create a vision board. When you do either of these exercises make sure that you dream BIG. It will keep you hyper-focused and inspired to build the lifestyle that you desire.

You can take it one step further and do dream building. This is where you go to open houses that are outside of your price range. Browse around and get a feel about what it would be like to live in your desired home. Similarly, you could go to a car dealership and take a Ferrari for a test drive.

Once you know what your vision is you need to get clear on what your purpose is. Why do you want to create wealth? This is the 80% that will lead to your success.

I challenge you to create 100 reasons why you want success.

If you can ingrain those truths into your psyche, you will be successful. Here's what I know to be true… if you have a strong enough ‘WHY', you will continue failing forward.

If you can't find a way, you'll make a way. Metaphorically speaking, you'll go over the wall, through the wall, and around the wall. If you want success badly enough, you'll do anything to achieve it.

Step #2 – Cultivate A Wealth Mindset & Habits

First, if you want to create wealth, there are certain beliefs that you need to reprogram. How you were taught to think about money when you were growing up determines your relationship with money in adulthood.

These are referred to as “money scripts” – your values and beliefs about money that you grew up with that impact your habits today. Oftentimes, people aren't even consciously aware of how these beliefs impact them negatively. 

For example, if your parents taught you that money is bad and that rich people are evil, what are the chances of you becoming a rich person? You won't! As long as you link pain to wealth, you'll never become wealthy.

Instead, if you link pleasure to people who are wealthy, you will be motivated to create wealth. One of the best ways to reprogram your money scripts is to study wealthy people – read their books, go through their courses, and attend their seminars. Find out what they are doing.

Success always leaves clues. I published a video on my YouTube channel where I walk you through my top 10 books for creating financial freedom. I encourage you to take the mindset and strategies of these authors and apply them to your life.

Second, I want to empower you to learn how to delay gratification A lot of people make money, and then they spend it right away. If you can delay gratification, save your money, and invest it into your future, you will create more wealth. You've got to be willing to make short-term sacrifices for long-term gain.

Third, you need to build a strong work ethic. Cultivate the habit of over-delivering.

Be the best at what you do every single day.

Go above and beyond. In the business world, this habit will serve you tremendously when it comes to building a brand and creating raving fans.

Finally, always strive to fail forward. Failure is an inevitable part of doing business.

When things don't work out the way that you expected they would, don't put your head in the sand and give up. Rather, find the opportunities from growth and learn from your mistakes.

The goal is to move from failure to failure without losing your enthusiasm. Ultimately, by failing forward you will become more resilient which will ensure that you never give up.

Step #3 – Know Where You're Starting From

You have to know what your current net worth is. That is the number that matters most. It's not how much money that you make that matters. Rather, it's how much money that you keep. If you're living paycheck to paycheck you will never get ahead in life.

The way that you determine your net worth is by knowing what your assets and liabilities are. Your assets are things like cash in the bank, investments, your online business, or your computer. An example of a liability would be debt.

For example, let's say that you had $5,000 in the bank, but you had $40,000 in student loan debt. If you took your assets and subtracted your liabilities, you would have a $-35,000 net worth. Yes, a student loan debt can be an investment IF it gets you a great job, but at this moment it's a liability.

Tracking your assets and your liabilities every 3 months on a spreadsheet is a great strategy to consistently knowing your net worth. You want to make sure that your net worth goes up every quarter. That's how you measure your progress over time.

Step #4 – Master Money Management

You have to become a master of money. This means that you have to know what your income and expenses are, and you have to track your finances. All wealthy people are great money managers.

The key to creating wealth is to spend less than you earn and invest the difference. From there, you want to re-invest those profits to create even more wealth. If you are spending what you earn, there will be no difference that you can save or invest.

Thus, you'll just keep spinning your wheels and never get ahead financially. If you can't manage the money that you currently have, you won't be able to manage millions of dollars. It's that simple.

Make it a habit of managing your finances. A great way to do this is by tracking your income and your expenses weekly. The reason why I suggest doing this every week is that it allows you to set a budget for yourself. If you overspend in one area of your life, you will be better able to catch yourself and make an adjustment.

Also, you want to make sure that you have 3-6 months' worth of savings of whatever your monthly expenses are. For example, if your experiences are $2,000 per month, you want to have $6,000 saved.

This is your emergency money. If you end up losing your job or have a medical expense that you have to pay for, this money will help you sleep at night. You never want to be in a position where you have zero savings and you have to sell your investments for an emergency.

Step #5 – Set Financial Goals

Your financial goals are the stepping stones that allow you to turn your vision into a reality. You'll have to set many different types of financial goals, whether that's paying off debt, launching your product, or creating a monthly budget.

When you are setting your goals, you want to make sure that they are SMART (Specific, Measurable, Achievable, Relevant, and Time-based). As an example, let's say that you want to publish a Kindle book on Amazon. Here is an example of how you would use the SMART goal criteria to set that goal:

• Specific: I will write a book about how to be more productive and it will be 100 pages long.
• Measurable: I will write one chapter every two weeks.
• Attainable: I will finish the book in 1 month. Once it is completed, I will publish it on Amazon.
• Relevant: Writing a book on productivity will help me grow my coaching business.
• Time-based: I will sell 100 copies of my book in 6 months.

I would suggest setting weekly, monthly, quarterly, and yearly goals where you determine how much money you want to make. Every time that you achieve a goal, you will gain confidence and momentum. Success breeds more success.

Step #6 – Choose Your Vehicle For Creating Wealth

You want to reflect on what your vision is and figure out which vehicle will allow you to create the wealth that you desire. Here is my story about how I ended up choosing my vehicle.

Early on I knew that if I went to university and invested $100,000 into my education, I could end up getting into a lot of debt in my 20s. If I started making $60,000 per year in a job, I knew that it would take me years to pay off my debt.

If I continued to gain experience in a role perhaps I could eventually make $100,00 per year. However, there would be no way to know for sure. As a result, I knew that this path would not lead to the vision that I had for my life.

I realized that the most successful people were entrepreneurs. They took their ideas, turned them into a reality, and profited from their passion.

A lot of people start a business with very little money. However, if they commit to the process, they can end up becoming extremely wealthy in 5-10 years. I started studying these types of people. I read their books, took their courses, attended their events, and listened to their podcasts.

Taking it one step further, I even found ways to add value to successful people so that I could be mentored by them. I started to implement their success habits into my daily life. Within a few years, I had an online business that was making incredible money.

Entrepreneurship was the vehicle that transformed my entire life. Everyone is different. Only you can decide which vehicle is best for you and your life.

Step #7 – Master Your Wealth Vehicle

Once you know what your wealth vehicle is, you need to master it! Who do you need to learn from? Which books do you need to read? What mindsets and habits do you need to cultivate?

Determine how you can immerse yourself in your chosen vehicle within the next year so that you can become a master of your craft. You won't achieve massive success by chasing shiny objects and being a jack-of-all-trades.

Rather, you need to stay focused on one thing and go deep with it. Furthermore, you want to figure out which high-income skill(s) you need to cultivate that will make you rich. For me, this was speaking and coaching. Focus on being great at one or two things and leverage them.

If you decide to build an online business, two of the most important high-income skills that you should master are sales and marketing. They are the lifeblood of every business.

Step #8 – Create Leverage To Scale Your Wealth

When you start a business and you find your high-income skill, that's enough to make you a 6-figure income. However, if you want to create the next level of wealth, the next step is learning how to create leverage and scale your vehicle.

This is where you start working smarter and leverage the power of outsourcing. One of the biggest challenges that entrepreneurs face is that they try to do everything on their own. However, you can't scale your business if you're wearing all of the hats. Time is money.

At a certain point, you've got to know what your time is worth. You want to be spending time on things that produce the most revenue.

Financial success is the result of you working ON your business instead of IN your business. That should always be the end goal. You don't want to be a business operator. Rather, you want to be a business owner.

Step #9 – Invest For Financial Freedom

At this stage, you want to figure out how you can make your money work for you. You should have over $1,000 per month to invest.

There are a variety of different investment vehicles that you can choose from, whether it's real estate, stocks, ETFs, or investing in other businesses.

Pick 1-2 vehicles and go deep with them. For me, that has been investing in stocks and cryptocurrencies. You want to get clear on your investing strategy and not dilute your focus. Most of the top entrepreneurs in the world have moved into this stage.

Step #10 – Optimize Your Wealth

At this stage, you're making a lot of money. Your taxes become the biggest expense that you have. You want to figure out a strategy for how you can pay less. When I started making millions of dollars and paying half of my income in taxes, I decided to give up my Canadian residency.

I moved to Panama, became a digital nomad, and set up an offshore corporation in Singapore. It cost a lot of money to do this, but I knew that it would be worth it. If I did this for a few years I knew that I would save millions of dollars in taxes, and that is exactly what happened.

I invested the money that I saved. As a result, I've built my net worth faster than I ever would have had I stayed in Canada.

Another thing that you're going to focus on at this stage is diversification and allocating your investments. I don't want to have all of my investments in stocks. Rather, I want to branch off and have them in different asset classes, long-term. Always think big picture about how you're going to create the next level of wealth. Decide what amount of money will allow you to live life on your terms.

These are the 10 steps for creating wealth (even if you have no money right now).

I promise you that if you follow the above 10 steps and you go deep with each one of them, there is no limit to how much money you can make. Start the journey of creating financial freedom and building your dream lifestyle today!

Are you ready to create long-term wealth and build a profitable online business? CLICK HERE to take my FREE 60-second quiz to find out which business model is best for you!

Are you ready to take advantage of index fund investing?

Inside this blog, I'm going to show you how to become a millionaire using the power of compounding.

Additionally, I'm going to share with you what index funds are and the ETF and index funds that I invest in.

Compounding is the process of generating earnings on an asset's reinvested earnings. Einstein is famous for saying that “Compound interest is the eighth wonder of the world.”

Those that understand compounding, earn it. Those that don't, pay it.

Are you ready to learn about the compounding power of index funds? If so, you'll want to read this…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/8081199-plm-849-index-fund-investing-how-to-become-a-millionaire.mp3″ background=”default” ]

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Index fund investing is a smart way to invest your money.

I started investing when I was 18 years old. I became a millionaire when I was 27 years old through my online business. However, I didn't want to solely rely on my business to create financial freedom. That was too risky for me.

This is why I chose to become a long-term investor. If I failed in my business ventures or something happened, I wanted to still be financially secure. That is what investing offers you. The earlier that you start investing, the better.

I want to help you get started investing in an index fund even if you've never invested in anything in your entire life. One of the most basic investment principles is to pay yourself first. This means putting money aside as soon as you get paid, before spending money on ANYTHING else.

Watch the video above where I share my computer screen and show you the ETFs and index funds that I invest in!

Before we dive into index fund investing, I want to provide you with a few scenarios that will help shed light on the power of compounding.

Scenario #1

Let's pretend that you invest $100 per week ($400 per month) and that the money that you invest is compounded at a 9-10% annual return. If you continued to invest $100, month after month, this is how your money would compound over time:

• 5 years – $31,121
• 10 years – $79,003
• 15 years – $152,677
• 20 years – $266,033
• 30 years – $708,799
• 35 years – net-worth millionaire
• 40 years – $1,756,989

THIS reflects the power of compounding.

Scenario #2

One person is 19 years old when they start investing. They contribute $2,000 into their investment account every single year until they turn 27 years old, at which time they stop investing altogether. On the other hand, another person starts investing at 27 years old. They contribute $2,000 to their investment account every year until they are 65 years old.

Who do you think ends up with more money in their bank account? The former person will end up making over 1 million dollars at 65 years of age, whereas the latter person will end up with $805,000. That's a $200,000 difference.

Why did this happen? The former person started investing earlier. Time in the stock market is everything. The earlier you start, the sooner that your money will amass to large sums, thereby helping you achieve financial freedom.

What is an index fund?

An index fund is an exchange-traded fund (ETF) that is comprised of a group of companies that you own. However, you're only buying one fund on the market. That one fund owns the top 500 companies in the U.S., which is known as the S&P 500.

Investing in different sectors is a smart way of mitigating your risk, otherwise known as diversification. By investing in one index fund you're mitigating your risk because you're not investing in one specific company. It's safer to bet on the U.S. economy versus one individual company.

This is why I think index funds are so powerful and why I believe that they are one of the best vehicles to start investing in. Another great thing about investing in an index fund is that it's passive. It's not like investing in a mutual fund that is actively managed.

In the investment world, most fund managers are trying to pick stocks and time the market. However, over a long period, only 4% of stock pickers beat the S&p 500. Conversely, research shows that S&P 500 has delivered average annual returns of almost 10% going back 90-plus years.

I follow the investment advice of Warren Buffett.

He is one of the greatest investors of all time, and a proponent of index fund investing. He says that “a low-cost index fund is the most sensible equity investment for the great majority of investors. By periodically investing in an index fund, the “know-nothing” investor can outperform most investment professionals.”

If Warren Buffett recommends that you invest in an index fund, I highly suggest you follow suit! Investing in index funds doesn't require that you have any skills.

Nor does it require that you check-in on the market daily, or keep up-to-date on the latest investment news. Thus, investing in a low-cost index fund is a set-it-and-forget-it approach.

STOCK BROKERAGE ACCOUNTS I RECOMMEND:

• WeBull is a commission-free stock trading app that is offering 2 FREE STOCKS when you deposit $100
• Interactive Brokers (the US and non-US residents)

MY FAVORITE INDEX FUNDS

• Vanguard S&P 500 Index (VOO)
• Vanguard Total Stock Market Index (VTI)
• Vanguard Total World Market Index (VT)
• Vanguard S&P 500 Index (Canada – VFV.TO)

STOCK MARKET INVESTING VIDEOS:

• How To Buy Stocks For Beginners (Watch Me Invest $10,000)
• How To Open A Stock Brokerage Account

Are you ready to become a millionaire with index fund investing? 

Like I said above, this is a great vehicle for creating financial freedom in your lifetime. That being said, whatever I share with you, please don't take it as gospel, so to speak. When it comes to investing, you must do your due diligence.

However, I think you'll find that there is a lot of current research that supports the value of index funds. They are an easy and diversified way to start investing in the stock market.

Don't sit on the sidelines and wait another year to take advantage of compounding. There is no better time than today to start investing your money and protecting your financial future.

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

How long does it take to become a millionaire?

This is the million-dollar question that everyone wants to know. Popular media loves to promote get-rich-quick stories of success.

Don't get me wrong… they exist. But they are not the norm. For the vast majority of millionaires, success is a long-term game.

As someone who has created a multi-million dollar business, I can attest to this.

Inside this blog, I share with you how to grow your wealth the smart way so that you can get rich AND stay rich.

If you're ready to build a million-dollar mindset, read this…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/7647196-plm-840-how-long-does-it-take-to-become-a-millionaire.mp3″ background=”default” ]

Are you ready to set yourself up for financial freedom? CLICK HERE to take this 60-second quiz to find out which business model is the best for you to start your online business!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

How long do YOU want it to take to become a millionaire?

At the end of the day, it's up to you. I first started pursuing success in my early 20s. My goal was to become a millionaire by the time I was 30 years old. During that time, I was learning everything that I could about business, marketing, investing, and entrepreneurship.

I knew that I could achieve the level of success that I desired because I was young and I had time on my side. However, I also knew that if I wanted to hit the million-dollar mark, I would have to make a lot of sacrifices and take massive action.

I ended up becoming a millionaire at 27 years old, so I over-achieved on the goal I set for myself. I'm not going to sugarcoat it… the idea of waiting until I was 67 years old to retire and enjoy life terrified me, especially after I read the book The 4-Hour Workweek.

Thus, I was willing to do whatever it took to achieve financial success. I committed to mastering every area of my life and I was consistent in that endeavor for over a decade.

Best-selling author Malcolm Gladwell came up with the idea of the “10,000-hour rule of self-improvement”. This principle states that to become world-class in any field, you need 10,000 hours of deliberate practice.

While this may hold true for some, I believe that people are capable of mastering something a lot faster if they engage in behaviors that fastrack their success. In particular, learning from people's successes and failures. I think this is a smart way of accelerating any process. This is what I do with anything that I want to learn in life.

The Correlation Between Beliefs & Financial Success

Most of our beliefs about money and success develop during childhood. We call these your money scripts – your values and beliefs about money that you grew up with that impact your habits today in ways you might not even be aware of.

For example, if you grew up believing that money was the root of all evil, naturally, you will not easily attract money into your life. You'll link pain to money. The association will be so strong that it will inhibit you from creating financial abundance.

This is why it's so important to understand what your money beliefs are and how these beliefs are holding you back financially. If you have mental software that is outdated, you need to update it so that you possess more empowering belief systems.  

We live in a world where opportunities are abundant. People who struggle to achieve financial success have yet to master their inner game, meaning their mindset. People whose inner game is “off” don't feel confident or in alignment with their truth.

Mastering your mindset starts with awareness and intention. You cannot change until you know what your dysfunctional beliefs are and how they are negatively impacting your life. If you want to become a millionaire, you need to be willing to THINK like a millionaire.

Invest in Yourself and Your Financial Future

I have achieved the success that I have today because I have dedicated my life and work to never-ending learning. If you want to become a millionaire, you must invest in your biggest asset – YOU.

Read books, attend seminars, listen to podcasts, hire coaches and mentors, go through online training programs. The more that you learn, the faster that you will create a millionaire mindset, and the more money that you will earn. 

Entrepreneurship is a risky endeavor, which is why I decided to start investing my money early on in my journey. When I was 18 years old, I read a book called The Wealthy Barber. It sparked my interest in the world of investing and I never looked back.

Today, I like to invest in index funds, otherwise known as ETFs. This is an investment fund that allows you to buy a basket of individual stocks. I'm not taking a big risk by spreading my money out amongst many established companies. I always pay myself first, but I put aside 10% of the money that I make and invest it into ETFs.

If you invest like this when you're young, month after month, you will see the power of compounding. By the time you're 65, you can become a millionaire, simply by making smart investing decisions when you're younger.

How badly do you want to become a millionaire?

If you want it bad enough, you will do whatever it takes to achieve that goal. You determine your success in life. If you are willing to do what others will not, and build wealth as if your life depends on it, there is no question that you will become successful. 

Are you ready to set yourself up for financial freedom? CLICK HERE to take this 60-second quiz to find out which business model is the best for you to start your online business!

How would your life change if you could make more money?

I'm a firm believer that success is a mindset. Before you can build long-term wealth you first have to understand what your relationship with money is.

A big reason why a lot of people struggle to make more money is that they possess a scarcity mindset. This is the belief that there will never be enough of anything.

The most financially successful people in the world operate from a place of abundance. As a result, they become the master of their money.

If you're ready to take control of your finances, keep reading to discover 3 things that you need to master in order to win the game of money!

Watch the video below:

(Click here to watch on YouTube) 

[smart_track_player url=”https://www.buzzsprout.com/9299/7390159-plm-838-want-more-money-master-these-3-keys-to-winning-with-money.mp3″ background=”default” ]

Do you want to figure out which online business will best help you become financially free? CLICK HERE to get instant access to my FREE business quiz!

What does money mean to you?

Your answer will give you a glimpse into your relationship with money. I view money as a game. If you know the rules, there is no limit to how much you can make. Making money can be an enjoyable process. However, the game of money isn't fun to play if you don't know how to play it.

The goods news is that, just like any game, once you get good at it, you keep winning more and more. The question is, “How do you learn the money game?” Study the mindset, behaviors, and habits of the most financially successful people in the world and put their knowledge into action.

The amazing thing about the Internet is that it has made it easy for anyone to make passive income online. There are endless ways that you can earn money from the comfort of your home, whether it's freelance work, affiliate marketing, Amazon book publishing, or selling physical products on Amazon.

I decided to become an entrepreneur when I was 21 years old. It was the best decision I've ever made. I've been blessed to be able to turn my passion for self-development into a multi-million dollar online business. I'm proud that I've been able to achieve financial freedom at such a young age. However, the greater gift that I've received from my business has been the positive impact I've made in the lives of millions of people.

Making a lot of money is great, but it doesn't buy happiness.

Researchers have found that people are happiest when they make about $75,000 a year. However, emotional well-being and life satisfaction tend to decline after the $95,000 mark. Acquiring a lot of material wealth won't make you a happier person. Happiness is an inside job.

I believe that anyone can turn their passion into an online business and make a profit doing what they love. However, before you can start growing your wealth and creating financial abundance, there are three things that you need to master first. Let's dive in!

1. Learn How To Earn Money

From a young age, a lot of us are conditioned to go to school and get a 9 to 5  job. However, the world is changing. The Coronavirus pandemic has proven that having a 9 to 5 job is risky. A lot of people have been faced with the possibility that they may have to learn new ways of working and making money.

Dealing with financial unknowns has created a lot of stress for people. However, it has also presented people with new opportunities to create life on their terms. There are so many ways that you can earn money online.

Don't reinvent the wheel. The smartest way to make more money is to learn from those who have already achieved what it is that you desire. The reason why I am so successful today is due, in large part, to the fact I put myself in environments with people who are smarter and more successful than I am.

When you surround yourself with the right circle of people, you raise your standards, thereby creating more opportunities to grow and become more. That is how to best leverage your success in life.

2. Learn How To Keep Money

If you don't learn how to master your money, your money will master you. A lot of people know how to make money, but they don't necessarily know how to keep it. If you live paycheck to paycheck, you will never able to get ahead financially. If you spend more money than you make every month, you know that it's time to create a budget.

The reason why budgeting feels like such a nuisance is because it requires that you sacrifice something. However, it is the only way to start taking control of your spending.

Make a list of all of your monthly expenses and determine where your money is going. By tracking your spending every month, you will develop stronger money management skills that will help you save and plan for your financial future.

3. Learn How To Grow Money

One way to grow your money is to build an online business. Building passive income gives you financial freedom so that you can design your ultimate dream lifestyle. When your money works for you, you don't have to work for money.

Imagine how it would feel to wake up and see that you made thousands of dollars while you were sleeping. That's what building a successful online business can give you. A second way to grow money is by investing the money that you make. Investing guarantees that your money is safe.

I started investing when I was 18 years old. Today, I've built a 3.5 million dollar investment portfolio. If you invest the right way, you can set yourself up to be extremely wealthy later in life.

If you want more money, you must master these 3 things first.

Financial security is a worthwhile pursuit. However, if you're only interested in making money for the sake of money, remember that money isn't the source of lasting happiness. Conversely, when your financial goals are in alignment with your higher self, making money becomes a spiritual journey.

Strive for money to be the reward that you get for adding value, creating impact in the lives of others, and contributing to the betterment of the world at large.

In the words of my mentor, Tony Robbins, “The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more.”

Do you want to figure out which online business will best help you become financially free? CLICK HERE to get instant access to my FREE business quiz!

Ever wondered what it's ACTUALLY like being young millionaires?

My fiancée, Tatiana, and I were blessed to achieve massive success in our early 20s.

Inside this blog, we share with you our perspectives on what it's like to be young millionaires.

There are a lot of benefits that come with achieving financial freedom. Becoming wealthy allows you to build your dream life.

However, there are some disadvantages to accruing wealth that I want you to be aware of.

If you're ready to hear the untold truths of the millionaire lifestyle, keep reading…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/6360472-plm-822-what-it-s-really-like-being-young-millionaires.mp3″ background=”default” ]

Do you want to build a 7-figure business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business can best help you achieve that goal!

How do you think a millionaire lives his or her life?

For a lot of people, a millionaire's lifestyle looks like traveling the world first-class, driving fancy cars, or living in a luxurious home. These are the ‘sexy' parts of being a millionaire. Don't get me wrong… making millions is amazing.

It affords you a world of opportunities. However, there's another side of wealth that is rarely talked about. That is what Tatiana and I want to share with you. Let's dive into the advantages and disadvantages of being young millionaires!

Advantages

1. Less Pressure To Make Money

At the beginning of every entrepreneur's journey, the focus is on hustling to make money. If you want to build a successful business, making money has to be important to you. If you want to create financial freedom, you have to be committed to building wealth.

However, once you've put in the hard work and are able to reap the rewards of success, you will feel less pressure to make money. Today, Tatiana and I are no longer preoccupied with the worry of making money. We have done the hard work to set ourselves up for financial freedom for the rest of our lives.

Now we can redirect our energy and focus on other areas of our lives that are equally, if not more, important than money. Some of these things include personal growth. relationships, health, and philanthropy.

By accelerating other aspects of our lives, our brain has been able to operate at a different level. We have more free time to grow and develop as people which, in turn, helps us continue to build a life of fulfillment. Once Tatiana and I became millionaires nothing about our lives really changed.

We didn't start living a millionaire lifestyle. It just meant that our bank accounts looked different. For us, being called a millionaire is just a label. It's important to remember that financial freedom is not just about finances. It’s about creating joy, happiness, and the ability to live an extraordinary life on your terms.

2. Freedom To Buy Whatever You Want

When Tatiana and I go out we don't have to think twice about how much something costs, unless it's a high-ticket item. As a result, we can experience the best of what life has to offer. Having these opportunities has enhanced our quality of life in so many ways. Money affords you the ability to get the maximum experience of life.

Let me be clear… money doesn't buy happiness. However, it does allow you to buy things, have unbelievable life experiences, and create lasting memories. Having a lot of money should never be the end goal. Instead, think of money as an enabler that can allow you to live almost any life you choose.

3. Contributing To Those Less Fortunate

Giving back to others has always been a core part of my mission in life. One of the greatest rewards of becoming millionaires has been our ability to contribute to the lives of others. To date, Tatiana and I have been involved in philanthropy projects around the world, specifically in Ethiopia, Kenya, India, and Ecuador.

Alongside the We.org team, which is an international development charity and youth empowerment movement, we have helped build schools and homes for families in developing countries. There is no greater feeling than knowing that the money we donate to a charity is going to help better the lives of those less fortunate than ourselves.

In the words of Andrew Carnegie, “I spent the first half of my life making money and the second half of my life giving it away to do the most good and the least harm.” When you're first making a lot of money, it's okay to reward yourself for your hard work. However, the excitement that comes with the pursuit of materialistic possessions wears off fairly quickly.

You receive so much more meaning in life from the act of contribution. We have been blessed with the gift of privilege which is why we believe that it is our responsibility to contribute and give back. As Tatiana and I get older, I know that philanthropy will become an even bigger part of our lives than it is now.

Disadvantages

1. Your Problems Don't Magically Go Away

A lot of people think that once they become a millionaire all of their problems are going to magically disappear. Sure, having more money will help your bank account, However, it won't fix your relationships, your weight, or your overall mental health. Nothing in your life will change unless you are willing to take responsibility and change too.

When you start making a lot of money, you have to be careful that you don't become greedy. The best advice I can give anyone who aspires to become a millionaire is to be mindful that you don't become too emotionally attached to money. Money isn't the end all be all.

I know a lot of millionaire entrepreneurs who are obsessed with making money. No amount of money is ever enough for them. As a result, they end up giving less attention to other areas of their lives, like their relationship, their kids, or their health. In my opinion, this is a very dangerous way to live your life.

They have their foot on the gas to pursue more money, at the expense of everything else. In the words of Wayne Dyer, “More is the mantra of the ego.” It's important to remain humble along your entrepreneurial journey. Once you reach financial freedom, you soon realize that money is just a means to an end. That truth will set you free.

2. It Becomes Challenging To Create Authentic Friendships

When people know that you are a millionaire, an energy shift takes place. They treat you differently. When we meet people for the first time, we rarely ever go out of our way to talk about what we do for work. Yes, sometimes this means that we have to withhold information about who we are, but it protects our emotional energy and peace.

We don't want people to be friends with us solely because they want our success secrets. We love to share our journeys of success. Both of us are very transparent on our YouTube channels because we want to help people succeed. However, when it starts to feel like people are taking advantage of us, it no longer feels good.

At the end of the day, we want people to like us for who we are and not treat us differently because of how much money we make. This is why both of us enjoy hanging out with our friends whom we've known for years. They don't treat us differently or look at us as millionaires. To them, we are just Stefan and Tatiana. Those are the types of people you want in your close circle.

3. One Million Dollars May Not Feel Like Enough To Sustain A High Quality of Life

Once Tatiana and I made one million dollars, naturally, we had the desire to have nicer things. However, having nicer things usually costs a lot of money. As an example, if you want to buy a big home in an expensive city, like Vancouver or Los Angeles, you're going to need way more than one million dollars to purchase it.

The same thing goes with wanting to purchase luxury cars or any other high-ticket items. Of course, everyone has different values, depending on the vision that they have for their life. If you are someone who wants the ultimate millionaire lifestyle experience, you have to set your expectations very high and follow through. You have to be consistently making one million dollars (if not more) every single year.

The best way to become super-rich is to invest your money in the stock market. If you make these moves at an early age, it is much easier to become a millionaire or a multi-millionaire in your early 30s. That being said, don't forget that it is never too late to get started investing.

This is what it's ACTUALLY like being young millionaires.

In today's digital age, there are so many opportunities to create financial freedom. If you have the desire to build an Amazon business, I encourage you to follow Tatiana's YouTube channel and Instagram page where she shares her best tips and strategies for success with eCommerce.

Money can improve every aspect of your life. However, in the end, it's not how much money you can make that counts. Rather, it's who you become along the way. Create a vision for the life that you want and then do the work to build your dream lifestyle. Anything is possible but only if you believe that it is.

Do you want to build a 7-figure business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business can best help you achieve that goal!