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$500M Net Worth, $100k Monthly Burn: How Radical Wealth Transparency Has Changed Jess Mah’s Life

MoneyWise

NOTE

Prioritize Cash Flow Over Liquid Assets

Paying yourself a fair salary is essential for financial peace of mind and personal well-being, particularly when running a business. Wealthy individuals are often unapologetic about compensating themselves well, highlighting the importance of valuing one's contributions. Achieving solid personal cash flow is more crucial than merely having liquid assets from selling a company; continued investment in growth provides far greater value. The ability to fund new ventures or acquisitions through good cash flow can lead to significant wealth accumulation over time.

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