We position people for a future that is adaptable to any circumstance. In essence, hacking future scenarios to obtain controllable, favorable results.
Indianapolis, IN
Joined September 2016
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Hint: On page 50-53 of my book I show you how. Download it now for free at the following link!
futurehackmylife.com
5/5
The bank has used your one dollar to create a spread, putting it to use multiple times over and making money each time.
That’s power with low risk.
How are you using velocity of money to your advantage?
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They take that six dollars and lend it out to multiple people:
- to a person buying a house
- to someone for a credit card
- to someone buying a car.
Now, each of those people is paying the bank back on one of those dollars.
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This is the opposite of what they allow you to do with your money.
So, how does velocity of money work?
Say you deposit one dollar into a bank. The bank will take that dollar, go to the Federal Reserve, and borrow a multiple of that deposit—let’s say six times the deposit.
2/x
How long should you leave your money in one place?
Unlike what many might think, The strategies used by financial institutions are anything but static.
Financial institutions rely on velocity of money: taking one dollar and getting that one dollar to do multiple things.
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Make your customer capital, your social capital, and your structural capital all aligned into one master plan.
That plan will promote your use of teams in an engaging process so that your people can help you get where you want to go
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That is why we built Invst’s Freedom Wheel
It is a proven process to align your business and personal goals.
Those two things are almost always pulling you in different directions.
Let’s get those integrated
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Are you on track to achieving every business owners dream?
Almost every business owner I talk to is striving to achieve one thing… Freedom
Freedom of their time
Freedom of their money
Freedom of their relationships
And freedom of their bigger purpose
Business value is built from your business’ foundation.
It’s called structural capital.
Do you have a good idea of your business’ structural capital?
Also, if you want some homework to get you up to speed on this and other similar concepts, check out my bestselling book, Futurehack! (link for a free copy in comments)
Get your free copy here: futurehackmylife.com
Do you want to increase your business value?
The first thing that I look at is your business’ structural capital.
Do you have scalable models? Up to date technology?
Processes and documentation?
Put simply, is your business repeatable, understandable, and followed by all.
Over my years of working with clients, I’ve found that all people fall into one of these two mindsets: those who live in abundance, and those who live in a world of scarcity.
Where do you fall?
Ever wonder how professional investors always remain calm during the storm?
The key is identifying your investor DNA.
Once that is defined, no market or person can dictate how you feel.
If you need help defining it, reach out. We are here to help.
Do you know what your investor DNA is?
What are your rules? What are your goals?
Defining a game plan can help keep you calm in the midst of market downturn.
Looking at decisions, especially financial ones, in a vacuum is like telling a doctor, “My shoulder hurts.”
And they reply, “Great, let’s operate,” without further consideration.
The only way to make truly informed financial decisions is to have everything organized.
Everyone wants to do something different with their money. That is the question you need to answer for yourself.
If you need some ideas, check out my book, Futurehack! Get your free copy here: futurehackmylife.com
5/5
He used the hotel development project to hire hundreds of people using the EB-5 Immigrant Investor Program, which allowed investors to fund the project and bring people from their homeland to America.
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