Law is simply theory
but I want to make this theory be practical.
1. Determine the "WHY" you want to be wealthy.
2. Saving 10~30% of your income. Save First, Use the remaining.
3. Budget and live below what you earn.
4. Delay gratification
5. Plan your path in buildiNg business system and create it with the money you save.
6. Make your business system operates.
7. Invest your money.
8. make your business system be public entities and start selling stock.
9. invest your money again.
10. get wealthy and retire.
There are few things:
1. dividen yield
2. Cash flow
3. Capital gain
but I want to make this theory be practical.
1. Determine the "WHY" you want to be wealthy.
2. Saving 10~30% of your income. Save First, Use the remaining.
3. Budget and live below what you earn.
4. Delay gratification
5. Plan your path in buildiNg business system and create it with the money you save.
6. Make your business system operates.
7. Invest your money.
8. make your business system be public entities and start selling stock.
9. invest your money again.
10. get wealthy and retire.
There are few things:
1. dividen yield
2. Cash flow
3. Capital gain