The Ultimate Entrepreneur Show 176 – Wealth Creation w/ Brian Kurtz and Mike Agugliaro (Pt. 2)
Mar 15, 2019
27:20
The truth about wealth creation and optimization. Wealth creation all boils
down to probability and outcome. There are two types of wealth: active and passive. If I could
do life over again, I would have invested in more vehicles for passive income – especially ones I
know I can control.
If you are considering where to invest for passive or semi-passive income, consider the
probability of success and the outcome you desire. Not doing this could be dangerous and
detrimental, especially if you are investing based on price instead of sustainability. I’ll also talk
about what needs to be done before optimizing. There are important steps that come before
optimization in any business, believe it or not.
Throughout the talk I’ll discuss the three ways to create wealth and some strategies to keep it.
I’ll explain what wealth isn’t for most of us, what the smartest people do to keep their money,
and how to avoid investing in things that’ll go obsolete. Essentially, this is the blueprint for long-
term money maximization. So, get settled, tune in, and remember to check back next week for
part three of this series.“
1:00 – 2:30 - How whatever you put focus on grows
2:30 – 6:00 - The results of a greeting case study and what comes before optimization
6:00 - 10:00 - The concepts of wealth and wealth creation and three strategies to do so
10:00 – 14:00 - Producing sustainable passive income and focusing on asset appreciation
14:00 – 17:30 - What wealth isn’t and why buying on sustainability, not price, is key
17:30 – 20:00 - Certainty when investing in passive income vehicles
20:00 – 23:30 - Before optimizing, know and evaluate your choices
23:30 – 25:30 - Loving the mission you’re on
down to probability and outcome. There are two types of wealth: active and passive. If I could
do life over again, I would have invested in more vehicles for passive income – especially ones I
know I can control.
If you are considering where to invest for passive or semi-passive income, consider the
probability of success and the outcome you desire. Not doing this could be dangerous and
detrimental, especially if you are investing based on price instead of sustainability. I’ll also talk
about what needs to be done before optimizing. There are important steps that come before
optimization in any business, believe it or not.
Throughout the talk I’ll discuss the three ways to create wealth and some strategies to keep it.
I’ll explain what wealth isn’t for most of us, what the smartest people do to keep their money,
and how to avoid investing in things that’ll go obsolete. Essentially, this is the blueprint for long-
term money maximization. So, get settled, tune in, and remember to check back next week for
part three of this series.“
1:00 – 2:30 - How whatever you put focus on grows
2:30 – 6:00 - The results of a greeting case study and what comes before optimization
6:00 - 10:00 - The concepts of wealth and wealth creation and three strategies to do so
10:00 – 14:00 - Producing sustainable passive income and focusing on asset appreciation
14:00 – 17:30 - What wealth isn’t and why buying on sustainability, not price, is key
17:30 – 20:00 - Certainty when investing in passive income vehicles
20:00 – 23:30 - Before optimizing, know and evaluate your choices
23:30 – 25:30 - Loving the mission you’re on