Let’s say your business makes $5k per month profit right now
That’s after you pay for advertising, staff, software…
And even after you pay most of the basic personal bills like rent, car, etc.
Let’s say after all of that you still have about $5k leftover each month.
If you’re smart, you would take that $5k and save it for just a few months.
In a few months, you should have $20k.
At that point, you can take that $20k and buy an asset that will grow itself (also known as an investment).
My favorite is small, cash-based businesses.
With a $20k deposit on a small business, you can buy something that will pay you about $2k-$4k per month, passively.
Now, you don’t have to do anything for that business if you do it right. For example, I run all of my 15+ investment companies with just 2-3 hours per week.
That’s another income stream for you on top of your existing business, that doesn
’t cost you hardly any time.
But you decide you want more than $3k per month…
So you intentionally work another 5 months in your business… Save another $20k…
And do the same thing, again!
Now you have worked 10 months in your business.
And also bought TWO assets that together pay about $6k per month to you, passively.
Now, you’re ALREADY MAKING MORE FROM INVESTING than you were from your business that only brought you $5k per month profit, and ate up all your time.
At this point, you can either keep your original business open for another 5 months and keep repeating this process until your investment income is where you want.
Or you can quit your original business since you’ve already replaced that income in just 10 months of working SMARTER!
It’s really as simple as that, yo.
Now imagine how these numbers work out if you are someone who makes $10k per month profit…
Or $20k…
You CAN and SHOULD be bringing in significant passive income if you are making those kinds of profits in your main business.
So to answer your pending questions:
YES! You can invest with just $20k like in this example (even less, but I digress…)
NO! It’s not hard or complicated or even that risky if you stick to buying unsexy “essential” businesses like cafes, gas stations, convenience stores, salons, etc.
See, most entrepreneurs would rather spend their extra $5k on stupid shit they think they need like another coaching program
(Yes I said it, you don’t need another marketing program, I promise…)
Or on a fancy car or new outfits
Thinking that the FASTEST and BEST way to grow financially is through their main business, so they focus on that.
But they couldn’t be more wrong.
Every. Single. Ultra. Wealthy. Person. Invests.
The chances of your company now becoming a $100m success are slim, sorry.
And many, many people before you realized that…
So instead they started taking their profits (however small they were) and investing them so that all of their investments and companies COMBINED hit $100m.
No billionaire is a billionaire from one business alone. They invest and buy other companies and assets, which bumps their numbers up massively.
That’s exactly what I did a few years ago…
I started buying assets as I could afford them, usually in $20k or $50k chunks, which sometimes would take a few months for me to save for (and that’s okay)…
Eventually, I bought enough assets (small companies) that they replaced my main business profit from consulting!
And I was able to quit a job I really didn’t like anyways.
And the best part is my income was replaced but now I work 1/10 of the amount with a lot less stress because I know how to work smarter now.
So if you are making $5k per month in profit (or wherever you’re at)…
And you are seriously ready to up-level and learn how to get your money to work for you…
And you want passive income…
Then join our upcoming masterclass, on June 1st, 2022 at 4 pm EST!
Mastering Passive Income Through Investing In Private Equity (The Easy Way)!
We have been teaching entrepreneurs for almost a year how to invest their profits and create passive income and wealth…
And lots of our students already have their own investments made, that are paying them!
It’s not typical, but one of our best clients was able to buy a convenience store for next to nothing down and it pays him roughly $3k per month… Just within 45 days of attending our event.
So if you want some of that passive income, real wealth swag…
Then I highly recommend you get to reserve your spot.
It’s virtual so… No excuses…
Here’s just some of the juicy topics we will be covering:
- How to become a SAFE and HIGHLY PROFITABLE investor so you don’t lose all of your money if you make a few bad deals
- How to create passive income with private equity investing so you can make money while you’re sitting on the beach sipping margaritas
- How to scale up your investments so you can set yourself up for early retirement and get back your valuable time to spend with your loved ones
Mainly because this is the ONLY way to get wealthy anyways because wealth = time freedom 🙂
Which is something only investing can give you (not a 7 figure business).
Click Here To Save Your Spot For My Free Masterclass, Mastering Passive Income Through Investing In Private Equity (The Easy Way)!
Best,
Jeweliet
(Lead Investor at The Wealth Map)