- How to get rich?
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- Day 7
How to get rich?
A Note on Wealth
“You’re never going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom.”
Our Takeaway
No matter how high your hourly rate is, there’s an inherent ceiling on your income if you’re only trading time for money. Owning equity—whether in your own company or someone else’s—creates a path to compounding returns and lasting financial independence.
Action Step
Reflect on how much of your current income relies on hourly or salary compensation vs. equity or profit-sharing.
Brainstorm at least one realistic way to acquire equity or ownership in a project, whether it’s launching a small side venture or investing in a startup.
Until next time,
Days are long. Years are short.
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