It's not about chasing profits, it's about protecting what you have.
Shift your focus from making money to managing risk.
You'll see a massive change in the results you get.
Happy Father's Day 🎉
I don't have a son, but if I did, this is the money talk I'd have with him before anyone sold him the normal script.
I'd tell him there are 3 games people get handed early:
→ work harder for a better salary
→ save every extra dollar and call that the whole plan
→ believe the world pays people exactly what they deserve
And the dangerous part is those games sound responsible, they make you feel like you're doing the right thing.
Get the job
Get the raise
Keep your head down
Be fair
Be patient
Save what you can
All good advice, until you realize there is another game being played above your head.
The people who build wealth are usually playing with ownership.
Equity
Businesses
Real estate
IP
Cash flow
Tax rules
People
Systems
Networks
A lot of us are taught survival games and mistake them for the whole board.
Nobody lied to us, they just handed us the part of the map that keeps you alive.
Useful map but it's incomplete map.
If I had a son, I'd tell him:
Get good at earning then get obsessed with owning.
Own assets
Own equity
Own distribution
Own something that keeps working after you close the laptop
Because one day, getting paid only for your time starts to feel expensive.