12. How to Build Wealth from Nothing in 2025 (The 3 Wealth Stages)
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Jan 9, 2025
Unlock the secrets to building wealth in 2025 with a simple three-stage framework. Discover how to skip the second stage to accelerate your journey to financial freedom. Learn from personal successes and challenges faced in 2024. Understand the current economic cycle and how it influences investment strategies. Dive into the art of leveraging resources effectively and hear inspiring community success stories that showcase the power of strategic asset reallocation. Transform your approach to wealth building and set yourself up for financial success!
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insights INSIGHT
Three Stages of Wealth
There are three stages of wealth creation: labor, intellect, and leverage.
Most people get stuck and never reach the leverage stage.
volunteer_activism ADVICE
Transitioning to Intellect
Work hard in the labor stage to gain experience and knowledge.
Transition into an intellect-based career to increase earning potential disproportionate to time.
insights INSIGHT
Leveraging Resources
Wealthy people leverage resources, not just time or intellect.
They allocate capital, workforce, and assets to multiply wealth.
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Most people (mistakenly) believe that they just need to work “hard” enough to become wealthy—this isn’t the truth. In fact, this will prolong your journey to financial freedom and millionaire status. After going from digging ditches for extra money to becoming the leader of multiple seven-, eight-, and nine-figure businesses, I’ve learned that there’s a simple framework to building wealth.
Today, I’m sharing this three-stage wealth-creating framework with you, plus how to skip over the second stage so you can build wealth even faster. This isn’t rocket science, and anyone who has the ability to leverage their time and resources correctly can become a millionaire and achieve their wildest financial dreams (I’m living proof of this). As we enter a new economic cycle, this will be even more important to understand, so get this right!
Plus, I’m outlining what I did wrong (and right) in 2024 and the most challenging lessons I learned that I’m taking into 2025 to build my businesses even bigger. I’m giving you all my hard-earned knowledge for free in hopes that you can learn a little faster than I did.
Insights from today’s episode:
How to build wealth in 2025 (even if you’re coming from nothing)
The new economic “cycle” and why we’re excited about this fundamental shift
The three “stages” of wealth creation and how to skip from stage one to stage three
How the rich use their “resources” to massively multiply their wealth
The biggest business lessons I learned from 2024 and how to use them in your life