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Natu.ioAuthor: Natu Myers
Join Natu with the legendary principles that helped him recreate himself and achieve massive success in business, life and fitness. Language: en Genres: Business, Entrepreneurship Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How to Leave the Rat Race - Natu.io http://natu.io
Sunday, 5 April, 2020
Natu.io for more on Natu Myers' legendary principles. How to Leave the Rat Race? (Full video here) Leaving the rat race is all about working for the systems of money to allowing the systems of money to work for you. "E" - Employee | Work under another organizations organization or business system 1.a) Working for money i) for survival ii) for how to get to "C" or "O" 1.b) Working for knowledge (on how to get to "C" or "O") 2.a) Conflict of interest (on how to get to "C" or "O") 2.b) No conflict of interest (on how to get to "C" or "O") "C" - Consultant | Solve specific problems 1.) You You manually do all the work for your clients 2.) Scale a) Increase knowledge of the formula you give to their clients to get them where they need to go; offer it in an online consultancy which allow you to continue the business without being as physically present b) Enter a more scarce and highly regulated offering and increase your ticket size and consulting fees (high ticket price and % based) "O" - Owner | Own a portion of a company as an asset whereby you get revenues without any manual work 1. Build your own by scaling a consultancy into one 2a) Buy your own i) By investing your own money to purchase equity (yield producing/revenue-generating) ii) By investing other people's money (as a capitalist) iii) By purchasing franchises Generally, you work for a system mostly as an exclusive employee. If your consultancy or service isn't scaled, consultants suffer the same way. To allow systems to work for you, scale your consultancy as described, or become an owner of more business assets by building some of buying some. It is possible to be multiple at the same time. I.e., many employees have no conflict of interest in their pursuits. Conversely, some people are happy with not scaling their consultancy, and they own other assets by buying other companies. Personally, I am progressing from working for a system to creating and being the system, to getting the system to work for you. Weekly, reflect: Where am I now? Where am I headed? Is this my goal? A mentor who is at the place you want to be is ________.
