There’s this myth that if you’re making $100,000 a year, it means you’re no longer living paycheck to paycheck and you’ve “made it.”
And sure… $100,000 a year might sound like a lot of money.
Especially if you’re making $40k right now. But $100,000 is not a lot of money.
Case in point…
I just read an article that says over 50% of Americans earning $100,000+ were living paycheck to paycheck last year.
Most blamed soaring inflation, high interest rates, and white-collar layoffs.
And if you ask me…
The economic tide is a long way from turning. Which means for the next 1 year… 2 years… or even 5 years…
You might get lucky…
And you could be earning more than 90% of Americans…
And you could be “raking in” thousands of dollars per month…
But – chances are – you will still be just one crisis away from financial disaster.
That’s pretty scary when you think about it.
And it begs the question: How much money does it take to “make it”? And how can you go get it?
In truth, I can’t tell you what figure will create financial freedom for YOU.
My number is in the billions.
Your number could be in the millions.
But I can tell you that you won’t create financial freedom by earning $100,000 per year.
(Or $54k like the average American.)
I can also tell you there are countless ways to become a millionaire.
And almost none of them involve being an employee.
In fact, if you look at the stats… over 80% of all working millionaires are entrepreneurs. There’s a good reason for this.
It’s because when you run your own business, you quit trading time for money. And instead…
You trade value for money. Which is infinitely more lucrative than working a 9-5.
Take doctors, for example.
Doctors provide insane amounts of value by keeping people alive. However…
One doctor can only ever patch up one patient at a time.
So their value and income are capped.
An entrepreneur on the other hand?
If they structure their business right… they can help hundreds, thousands, even millions of people – simultaneously.
That’s a lot of people.
It’s also a way to exchange a lot of value for a lot of money.
Which is why entrepreneurs can rake in millions if they set themselves up for success. And what’s even better…
Your income won’t depend on the depth of your boss’s pockets…
And it won’t depend on you having a college degree, a master’s, or a Ph.D. in software engineering.
It won’t even depend on the state of the economy.
Hell… I multiplied my wealth faster than ever during the 2008 financial crisis.
All it took was an idea for how I could provide insane amounts of value to as many people as possible…
And putting in place a few simple structures to make my business “unbreakable.”
How will you recession-proof your business in 2023?
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