Income generation
Once you have ideas, you want to put your ideas to work. If you do that, you can start creating value. When we create value, we generate income.
During the pandemic for example, most restaurant owners had to focus on other ideas to generate income. Building wealth is not easy. We need a constant supply of ideas.
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The foundation for every personal pursuit in life is to invest in yourself. It can take years. How you can do it:
- Learn to build something. If you can create something valuable with limited resources, you can create value.
- Learn a rare and valuable skill.
3. Set boundaries with work.
With many people working from home during the pandemic, living spaces now double as office spaces, blurring the line between work and play.
To create more structure, try to stick to the same start and stop times for your workday as you did pre-COVID-19...
Delaying Today for a Better Tomorrow
Delayed gratification works because the benefits compound. We go through the pain of doing something with the understanding that over the long run, they will produce far more value than we put into them.
So why is delayed gratification so hard to practice? Because it's hard to do. We need ...
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