How to Use Leverage to Build Real Wealth (Instead of Working Forever) - Robert Kiyosaki

🚀Grow your YouTube channel with BrandLytics at: https://brandlytics.ai ✎ Get free access to our vault of PDF summaries for every YouTube video here: https://believe.evancarmichael.com/the-vault ✎ Check out my NEWEST video: https://goo.gl/E0eE6m ✎ True wealth does not come from working hard at a regular job for forty years. Real wealth comes from learning how to use leverage to make money work for you. Robert Kiyosaki and his wife Kim once slept in a car, but they became millionaires by focusing on buying assets instead of liabilities. An asset puts money into your pocket every month, but a liability takes it away. By using good debt, other people's money, and automated systems, you can build a financial machine that pays you even while you are asleep. ✎ You do not need a brand new tech idea or a risky startup to find financial freedom. The ultimate shortcut to hitting your goals is buying a boring, unsexy business that already makes money, like a laundromat or a self-storage facility. Even Warren Buffett became the greatest investor ever by buying simple companies with a proven track record instead of building startups from scratch. These recessionproof businesses provide essential services that people always need, allowing you to collect stable profits from day one. ✎ Finding these opportunities is easy when you target old and simple business models that have weak marketing or poor technology. Many older owners are desperate to retire and are ready to use seller financing, meaning you can buy their company using its own future profits. When you look around your local community, just like Nina and I do, you will see tons of small businesses that are perfect for a buyout. Stepping into business ownership using small business loans and simple systems is the best way to buy back your time and change your future. ✎ To get more details on all the research and studies mentioned in this video check out the articles below: https://www.acadian-asset.com/ https://www.henleyglobal.com/ ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • How Steve Jobs Convinced the World He Was Right - https://youtu.be/5iOBJgr1YSI • How to Build Wealth on a Low Income - Machiavelli 10 Brutal Strategies - https://youtu.be/j4Ct_5EoVUI • How to ACTUALLY Get Rich When You Start With Nothing - https://youtu.be/k9I3L6nU9EI ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • Skool: https://www.skool.com/believenation • Instagram: https://www.instagram.com/evancarmichael/ • TikTok: https://www.tiktok.com/@evancarmichael • X.com: https://x.com/evancarmichael • Linkedin: https://www.linkedin.com/in/evancarmichael/ • Facebook: https://www.facebook.com/EvanCarmichaelcom • Website: http://www.evancarmichael.com ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe