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For today's blog, I'm going to share a video from Valuetainment for a mind-pressing facts as to why the rich keep getting richer.
Being rich does not only mean having an extravagant lifestyle, designer clothes and high end cars, being rich is having money, being rich and still keep on getting richer is another thing.
Watch this video and know why.
If you are wondering why the rich never seem to run out of money or if you are simply looking to upgrade your financial status, then this video and the principles they convey might just help you get closer to your goal of financial freedom.
Hope this helps and go give Valeutainment a like on their video and subscribe to their channel.
Today, I'm going to be featuring a very helpful video from Video Influencers on brand new ways content creators can make money off of Youtube.
This goes to anyone looking to make an income or build an empire through the most popular video sharing site, whether you're just starting up or feel like you should be doing more to increase income through your content.
I've been posting on Youtube for a long while now and I guarantee that there are more than one way to make an income, not just through monetizing your videos.
Hope this helps and go give Video Influencers a like on their video and subscribe to their channel.
In this podcast, I talk about how I made £5,000 from one Youtube Video that (at the time of printing this) had just 42 views.
Anyone can do this, it's not rocket science, but you need to take action.
If anything, these podcasts are about helping people to take action. I'm happy to fill in the spaces where people have knowledge gaps but ultimately, your success relies on you doing the things you said you were going to do.
I LOVE feedback, so if there is something you want to say, or you have a request for something you want covering, then drop me a line !
If you have less than £70,000 to invest, your money will quickly run out.
That's why if you have less than £70k, your best investment is in yourself, in your training and education, in getting your mindset right.
Then when you know how to make cash, you can make MORE of it whilst at the same time investing in assets.
It's easy to invest using your money when you've got loads of it, however, the amount does not determine the success. Which is why I've always find it more effective to invest when you've got less, that way, you can focus on investing in yourself first instead of the cash.
You can download my podcast which covers everything from business, to get started in property with very little money on my website which is at https://www.daniellatto.co.uk and don't forget to subscribe to my Youtube Channel!
So in this video I go through 4 of the steps that you need to go through if you’re serious about making money from your investments.
Not every investments may be successful, not every investment is a waste but here’s the thing, all investments are worth trying. Sometimes, it’s a matter or trial and error but it’s a way to be one step ahead in the financial game.
And all big things come from small investments, mostly business-wise, because that’s where it all starts.
I must admit, for years it felt 'weird' not having to go to work.
It had been programmed (or drummed) into me from an early age and it took me a while to appreciate that I didn't need to.
I probably still feel the need to work, as that's why we do our podcasts and our videos and the business coaching.
But I also enjoy helping others find their path towards financial freedom too.
Basically financial freedom means having the ability to change up different aspects of your life without depending on where you are financially, which means, you can change careers, move new places, spontaneously travel the world and do whatever your heart desires without your mind worrying about money.
Sounds ideal doesn't it?
So will you be able to achieve that?
Watch and find out.
There are a handful of people in this world who are financially free, and if they are it means they've reached great heights in their business ventures or investments. It means that they've worked so hard in their career until they only have to think about where they're career is headed next. That's all they have to think about, no more worrying about paying bills, more worrying about debt, no more worrying about the cost, none of that.
So I’ve just finished my week at “Billionaire Bootcamp” where Chris Howard was hosting our training.
This was likely the best training I’ve ever experienced, with breakthrough after breakthrough and a massive release of limiting self beliefs and a change in my ‘identity’ as to who I think I really am.
It’s our thoughts that prevent us from doing amazing things and my week in Santorini, Greece played out just as I had hoped.
If you’re interested, then there are more Billionaire Bootcamps around the world, the next being in Hawaii in December 2018.
If you would like to attend, then drop me a message, I have some extra bonuses for those that sign up through me and makes it even more valuable.
Millionaires revealed the secrets of becoming rich.
Follow these simple rules that increase your chances of success.
You won’t believe how fast these tips actually work.
Start with setting specific financial goals.
Make sure what you’re doing on a daily basis is moving you closer to your goal.
If it’s not, think of what you can change. Become an expert at whatever you want to do by following “the rule of 100”. It could be 100 speeches, 100 articles, 100 workouts and even 100 cakes if you like to bake.
See money as something you can earn and build up, not something that keeps you down and crushes all your dreams.
Expand your professional network: talk to people and keep their contact info.
You never know where a new job might come from when you need it. Wait for that cool gadget to go on sale or compare prices at different retailers.
Remember that by using a credit card, you’re essentially spending money you don’t actually have.
Follow the millionaires’ advice and live below your means. Don’t spend all your money on luxury houses, cars and watches.
And you don’t need to rush off and buy the newest smartphone model if your phone is working just fine. Millionaires don’t earn money just by spending time at work; they get their money to work for them. People around you influence your life and mindset, so surround yourself with successful people.
I know many will just comment based on the headline alone, but the context of what I’m saying is mega important as to why I think that, and why, for those people who are struggling financially, they are best placed to do something about it in these modern times in which we live.
You can download my podcast which covers everything from business, to get started in property with very little money on my website which is at https://www.daniellatto.co.uk
I see it all the time. Nice cars, fancy watches, well dressed.
And that’s fine. As long as you’re using money taht renews itself every month.
But if you’re having to get out of bed and go to work in order to afford those things (And I’m not talking about those items that allow you to do your work), then we have a problem.
Huge credit card debts, living for the weekend and ‘lets eat out shall we?’
Over indulging is great until the credit card bill comes in
The route to wealth is fairly logical.
You cut your costs and your debt.
You generate cash via a job or a business
You invest the difference into something that generates more cash
You keep on doing this until you no need to work.
Now, You will need two types of cash.
Small bits that come in every single month and cover all your monthly expenses (meaning you don’t need to have a job anymore) and
bigger stuff that comes in every so often but for much larger amounts.
So multiple streams of income is needed.
How about these 3 streams of income
Property : this gives regular income each and every month. There are some obstacles to overcome (such as non payment of rents and breakdown of washers, boilers etc) – but on average it brings in more than enough to live on and cover all costs, including holidays, car payments, flights, lifestyle, etc
A Business : this should brings in large amounts of cash every so often. It’s this income that is used to make further investments which in turn generate more cashflow. This model DOES exchange your time for money, albeit a higher amount per hour than a normal job would.
An Internet Business : This could be providing education via online training, books and so on. The beauty of this is that it can scale quickly and you’re NOT exchanging time for money.
You need something similar.
The ‘income stool’ has 3 legs. You get to grow all 3 at the same time, and when is struggling the other 2 can help prop it up for a little bit.
Instead, what I see is that people have a job or a business – and both of these take up so much time and energy that they haven’t got a chance to get out of it. So they stay that way being busy for the next 40 years and then retirement hits.
I understand that for some, it’s a difficult cul-de-sac to get yourself out of.
You need to come all the way back out and re-design what you want to do in order to earn more money, which will allow you to make the investments.
But you start from saving what you earn, and paying off that credit card debt.
This kind of debt is like Kryptonite around your neck. Get rid of it. Every penny should go into paying down your debts as soon as possible.
As soon as you start doing that, you can start investing chunks of money into something else that can thus create more money.
Create a spreadsheet with all of your costs on (EVERY SINGLE ONE)
Decide how much money you need to earn each month to cover all these costs (to begin with)
Work out which vehicle will get you there the quickest.
If you need any help, then come and join us in the Success Junkies group on Facebook.
The way that I market my services and sell them is by being an authority. You have to let people know that you are out there and also you need to tell them what your values are. Then when people see your advert you can show them the value that you offer and the values that you put behind your business.
Having videos on YouTube that solve their problem
Posting on social media
Facebook live videos where you interact with your audience
Offering free signup products to solve their problems
One of the great things about YouTube is that the videos that you create are on show always. With Facebook Live people see it for maybe 2 days at most and then it is lost in the news feed. If you want to be an authority in your field, this is something you need to be thinking about.
Take a look a the video and you will see how I recommend that you do this.
Can you see how I do things differently to how other people do things? Can you see how you can create so many more pieces of content from each Facebook Live video you create?
Converting Your Facebook Live Video To YouTube Video
Here is the video that I mentioned showing you how to convert your Facebook Live video into a YouTube video.
It is by doing things like this that I have been able to become an authority in my niche. I am able to head out to the beach on a Tuesday morning with my dog if I want to. What would you do with your time if you were in this position?
You see, you may have different ideas about what you want to do with your free time when you become financially free. You don’t have to go to the beach if you don’t want to. You might like to go out hiking somewhere, go sailing or drive out to a new place that you want to explore for the day.
The great thing is that YOU get to choose!
So if you are looking to be the person that chooses what you do with your free time, become an authority in your field and really start to make things happen for you.