In this video, I discuss the concept of the wealth ladder and its importance in my journey of adding new sources of income and creating businesses. I encourage viewers to read an article on the wealth ladder by Nathan Berry. I explain the five stages of the wealth ladder, from freelancing to investing, and share examples of businesses at each stage. I emphasize the benefits of productizing services and selling digital products. Finally, I touch on the power of investing and the potential for exponential growth.
Sign up for my newsletter at https://www.timstodz.com 00:00 Introduction
02:01 First Stage: Freelancing
06:53 Third Stage: Selling Products
12:48 Fourth Stage: Investing
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.