free lunch in the universe energy needs to be expended this is just why bitcoin runs on proof of work because bitcoin is anchored in reality you need to expend energy to provide security and to get rich you could uh some people think joining a silicon valley startup or an austin startup or any kind of startup is a way of getting rich quick and it is in a sense but what you're actually doing is you're compressing the amount of time it takes to make the money but you're still putting in probably a lot of work and so you might be able to get quite rich working for a startup especially if you're a founder or early employee but you're really going to need to put in probably call it NUMBER_TOKEN to NUMBER_TOKEN years of normal work what kind of an average person would do on the job you're going to have to compress that into one two five years and so you might get rich quote unquote quick quickly but you'll be putting in a huge amount of effort and expending a huge amount of energy and time over that period maybe you'll get super lucky you'll be in something like youtube which just started very quickly and got sold to google very quickly but that really is the exception rather than the rule the more uh the more tried and true path really is spending less than you earn investing that difference in cash generating assets and appreciating assets or appreciating cash generating assets is the best thing at some point we'll be able to earn some interest on our bitcoin in a safe manner where you control your own keys and this will be one way that bitcoin becomes an appreciating asset and a cash generating asset so spend less than you earn invest the difference in assets you could also start a side gig as we talked about publishing books doing a youtube channel writing songs painting paintings you could also do like a weekend job or a side gig this could be as simple as mowing people's lawns running errands for people doing a pet sitting service something like this and in this side job assuming that your your primary job is not all time consuming during the side gig that you do on in evenings or on weekends you could take NUMBER_TOKEN of your post-tax earnings and use these to go and to put into stocks into real estate into bitcoin into a trading account maybe we trade momentum stock so this is another way of doing it i'd be remiss and i wouldn't be a capitalist if i at this point i didn't mention my own courses which have become sort of the the main gig for me at this point real estate investing made easy in this course i talk a lot about actual houses that i bought in the past how i used to invest in real estate in california what i look for in single-family housing best time of year to buy real estate understand cap rates rental yields how to find a good property management company all of these things i discuss in this course if you want to go to trading account route a really nice way to to uh to multiply your money fairly quickly it's it's high risk but high reward is trading momentum stocks using options i do talk about it in this course swing trading with options as well as there's a separate section where i talk about my favorite long-term investments in addition to bitcoin i have a uh a spac is long-term investment number one a
START_SELFPROMO_TOKEN i'd be remiss and i wouldn't be a capitalist if i at this point i didn't mention my own courses which have become sort of the the main gig for me at this point real estate investing made easy in this course i talk a lot about actual houses that i bought in the past how i used to invest in real estate in california what i look for in single-family housing best time of year to buy real estate understand cap rates rental yields how to find a good property management company all of these things i discuss in this course if you want to go to trading account route a really nice way to to uh to multiply your money fairly quickly it's it's high risk but high reward is trading momentum stocks using options i do talk about it in this course swing trading with options as well as there's a separate section where i talk about my favorite long-term investments in addition to bitcoin i have a uh a spac is long-term investment number one a END_SELFPROMO_TOKEN