Dan Martell - The 3 trades you need to get rich

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00:00:00.000 There's only three trades you need to understand

00:00:01.660 to get rich.

00:00:02.500 The first one is to trade your time for money,

00:00:04.520 which is called a job.

00:00:05.840 Most people start there that I've got time,

00:00:07.520 I do some work, I get paid.

00:00:09.160 The next level is understanding

00:00:10.640 how you can trade money for time.

00:00:12.560 That's where entrepreneurship kicks in.

00:00:14.240 Having an assistant is buying back your time.

00:00:16.080 So when you start trading money for time,

00:00:18.040 then you get more efficient, you create leverage.

00:00:20.240 Ultimate form to get really rich

00:00:21.960 is trading money for money.

00:00:23.380 That's where you make investments

00:00:24.860 and those investments produce more capital

00:00:26.640 that you reinvest and you create a flywheel

00:00:28.680 generates cash and it just keeps growing on itself every year that's where all the wealthiest people

00:00:33.480 in the world at but you got to start at one then go to two then go to three

Dan Martell - September 12, 2024