2. Create a stream of income. - Deepstash

2. Create a stream of income.

You need an income stream because you will need some capital to start your business or invest. In other words, you will need money to invest so you can get rich in short time.

You can skip this step if you want. It’s optional because some people already have some extra savings.

However, you can borrow some money from your family or friends.

You can get an investor who will invest money in your business in exchange of percentage of your business or start up which is on the next step.


2.39K reads




Be an expert in science and maths by watching our UHD videos on Sci Academy youtube channel. link for the channel https://youtube.com/channel/UCyLvlW7Vl7vgg6se0Gazr-g

The idea is part of this collection:

Inside The Mind of Elon Musk

Learn more about moneyandinvestments with this collection

The importance of innovation

The power of perseverance

How to think big and take risks

Related collections

Similar ideas to 2. Create a stream of income.

Having One Income Stream

Having One Income Stream

When we invest in ourselves and spend less time on entertainment and consumerism ideals, we can actually build a more stable career. 

With our free time we can start a side business, learn how to make money work for us instead of us working for money. By having multiple str...

8. Income - Saving = Expenses

8. Income - Saving = Expenses

Reality is our equation is always 'Income - Expenses = Savings' But we should priorities our savings and then we can spend freely on our expenses without any regret.

This mindset will eventually help you to have control over your spending and you will spend your money on things which you r...

Investing in Fixed-Income Securities (Bonds)

  • When you buy fixed income security, you are really lending money to the bond issuer in exchange for interest income.
  • You can buy certificates of deposit or money markets, or invest in corporate bonds, tax-free municipal bonds, and U.S. savings bo...

Read & Learn

20x Faster





Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.


I agree to receive email updates