Support the channel by getting FU Money by Dan Lok here: amzn.to/2MmdXXo
As an Amazon Associate I earn from qualified purchases.
Here are my top 5 takeaways from Dan Lok’s book F.U. Money.
How to start your first business: bit.ly/391czmD
Top 5 takeaways from FU Money by Dan Lok:
0:00 Intro
01:27 1. What’s Your Hollywood Lifestyle Like?
04:32 2. The Slow Way to F.U. Vs the Fast way to F.U.
07:07 3. Focus
09:26 4. The Nine Characteristics of an Ideal Business
12:18 5. The Seven Golden Rules to Internet Riches
TL;DW:
- Write down your Hollywood lifestyle and determine how much you must make per year to have true F.U. money
- Chose the fast way to wealth, not the slow one
- Jumping from one get-rich-quick scheme to the next is a surefire way of never getting F.U. money. Don’t make it more complicated than it is: Have a clear vision, deliver tons of value and stay FOCUSED.
- Chose a business where the chances of making F.U. money are as high as possible
- Follow the seven golden rules to internet riches
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.