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What is the millionarie fastlane?

Ph.D. 귄이 (Guinni) 2024. 2. 19. 09:50
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It is a system that automatically generates income and provides time freedom to humans.

In other words, it is about generating passive income by utilizing others as much as possible and not working directly.

The money tree is the business system, which requires regular management and improvement, but can guarantee leisure time and continuous income.

Smart Millionaire

Key Seeds of the millionarie fastlane

1. Rental Business: Real estate rental is the foundation of the Fast Lane, and other types of rentals include equipment and vehicles.

It has long been a proven path to wealth.

2. Software: Website development, app development, selling apps on app stores.

Code replication makes it possible to generate infinite income.

3. Content System: From distributing books and magazines to recent trends like blogs, social networks, e-books, and online magazines.

It is an intellectual asset that can be easily replicated and can bring long-term and continuous income.

4. Distribution System: Selling new products in both online and offline markets, such as home shopping.

Franchise and chain store operations fall under this category.

5. Human Resource System: It is the most expensive, complex, and difficult to control in terms of operating costs.

Among the aforementioned five, the most effective one can be considered as the power of holding cash.

If you have a lot of cash and become a creditor, passive income flows into your pocket every month.

Even if inflation rises due to interest rate hikes, it does not affect income thanks to the inflation defense effect inherent in income.

This is because when prices rise, interest rates also rise.

In other words, the author has used internet businesses as a source of passive income and provided funds to the loan business.

Money is an army for my freedom and represents all types of internationally denominated assets.

Currently, a significant portion of the author's income is derived from foreign non-dollar assets with strong currencies and better returns.

The wealthy leverage business assets rather than rely on the market to make money, and investment compounding is done after becoming a lump sum.(e.g., mutual funds with less than 30% return per year)

Most ways to become wealthy can be learned by interacting with and learning from wealthy individuals.

Significant profits can only be achieved by influencing a large number of people through large-scale or high-priority methods.

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