"In school, you're taught a lesson and then given a test. In life, you're given a test that teaches you a lesson." - Tom Bodett
In this global, 24/7 economy, if you want to get ahead, then you have to teach yourself what others have already learned, and what 98 percent of people will be too lazy or oblivious to learning. Does this mean that you can outwork the majority of people to get ahead? Yes. But you would benefit from merely being able to outthink them, which is much easier and much more productive. Vilfredo Pareto noticed an unequal relationship between inputs (work) and outputs (results). His theory, commonly known as the 80/20 principle, states that 20 percent of my effort is responsible for 80 percent of my results. The 20 percent of the effort you invest should be in optimizing and taking control of four crucial areas of your life: personal finance, real estate investing, money making opportunities, and business investing. If you are to get out of your life what you really deserve to receive, you will have to know how to manage:
- Your personal finances: understanding your cash flow, creating opportunities to make more money than you spend
- Your real estate investing by knowing when and how to decide to hire a real estate agent and how to do real estate investing on your own
This audiobook will teach you about all these areas of finance and investment.