๐ ๐ต๐ฎ๐๐ฒ ๐ฎ ๐น๐ผ๐ ๐ผ๐ณ ๐ป๐ฒ๐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป๐ฎ๐ถ๐ฟ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ผ๐ป ๐๐ผ ๐ฏ๐ฒ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป๐ฎ๐ถ๐ฟ๐ฒ๐ ๐ถ๐ป ๐บ๐...

In this space, a lot of people make money and eventually loose everything.
This is because it's not just about making the money, it's about finding the perfect balance between spending and investing for more returns.
My solution to this is ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐
So let's talk about the wealth triangle.
(Before you start, make sure you've turned on Notifications to my post cause I post alphas like this Daily).
๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐
There are three money principles you need to know not only to get rich but to stay rich
To know these principles you need to master the wealth triangle
The wealth triangle has three strongholds
โฉ A High income skill
โฉ A Scable business
โฉ A High return investment
Let's take them one by one.
โ ๐ ๐๐ข๐ ๐ก ๐ข๐ง๐๐จ๐ฆ๐ ๐ฌ๐ค๐ข๐ฅ๐ฅ
A high income skill is a skill that has the potention to make you over a hundred thousand dollar a year (that was the best way I could explain lol ๐).
That way you are selling your time for money.
The high income skill gives you stable income and wealth.
It prides that stabling needed in your wealth triangle.
There are already so many high income skills in web3 so choose a niche and make the best of it.
Next is;
โฉ ๐ ๐ฌ๐๐๐ฅ๐๐๐ฅ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ
A scalable business is a business which you can grow without having a lot of people or building lots of infrastructures.
For example;
A restaurant is not a scalable business because to open it you have to build infrastructures and employ lots of workers.
Examples of scale businesses are;
โ E commerce
โ Fitness centres or Gym houses
โ Saloon
โ A clothing store.
The scalable business therefore provides you with steady cash flow
Lastly;
๐ ๐ก๐ข๐ ๐ก ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ
A high return investment is an investment that will provide you a 10% profit return or more every single year.
You invest a lot of money into it so the returns yearly are sizeable.
It also helps you build your network
Examples of a high return investment.
โฏ Real estate investment
โฏ Buying cooperate stocks and bonds
โฏ Treasury bills
So let's rephrase;
A High income skill involves you making money, the second involves people making you money while the last is your money making you more money.
If you follow this simple 3 step path I just laid out for youโre you'll be able to grow your income quite quickly.
You'll dramatically accelerate the process of building true and long term lasting wealth
By sharing this model with you, I hope to provide you with a practical course of action when you start earning from your high income skill in web3.
Like and comment and share so others can see this.
Someone might need this on your TL.
Follow and turn on notifications for more alphas like this ๐
Ernest out๐๏ธ
