How To Become Rich - 7 Mindsets For Building Wealth

The video is about how to become rich and it discusses the importance of knowing your goals and going where the money flows in order to build wealth.

This video by John Crestani was published on Mar 4, 2023.
Video length: 19:51.

The video is about how to become rich and build wealth.

The speaker, John Christani, shares his personal experiences and mindset for making money. He uses metaphors from his gardening hobby to explain concepts such as knowing your goals, finding a low-maintenance business, and going where the money flows.

He emphasizes the importance of understanding the market and identifying opportunities in areas where money is being exchanged, such as stocks, bonds, investments, and online sales.

• Knowing your goals is essential for becoming rich.
• Choose a business that aligns with your goals.
• Go where the money is flowing in business.
• Consider becoming a YouTuber or starting an online business.
• Think long term and invest in opportunities with long-term potential.
• Focus on strategies and methods that have proven to be successful.
• Follow the money and sell what people are already buying.
• Keep things simple and basic when starting out as an entrepreneur.
• Consistency and persistence are key factors in achieving success.

How To Become Rich - 7 Mindsets For Building Wealth - YouTube

Section 1: Knowing Your Goals

• Knowing your goals is essential for becoming rich.
• Having a low-maintenance garden is one of the goals the speaker has.
• He prefers plants that grow naturally in the environment without much watering.
• Similarly, in business, you should choose a venture that aligns with your goals.
• If you don't want to interact with customers, find a business that doesn't require customer support or sales.

Section 2: Going Where the Money Flows

• Going where the water flows is a metaphor for finding success.
• The speaker planted a sycamore tree in a spot where water naturally flowed.
• In business, you should go where the money is flowing.
• Trillions of dollars are moving in stocks, bonds, and investments every year.
• Billions, if not trillions, of dollars are being spent online annually.

Follow the Money

• Go into markets and businesses where there is a lot of money.
• Look at the richest people and see what they are doing.
• Consider becoming a YouTuber or starting an online business.
• Follow the flow of money and don't go against the grain.

How To Become Rich - 7 Mindsets For Building Wealth - YouTube

Think Long Term

• Planting a garden is a long-term investment, just like building a business.
• Creating a successful online business can take years of trial and error.
• It took the speaker four years to create a profitable online business.
• Think about the long-term potential and sustainability of your chosen career path.
• Don't give up too soon, as success may take time to achieve.

Do What Works

• Focus on strategies and methods that have proven to be successful.
• Look for opportunities that align with your strengths and interests.
• Plant more of the Blue Mountain Agave because it naturally thrives on the speaker's property.
• Find what works for you and replicate it to increase your chances of success.
• Don't waste time on strategies that have a low success rate.

Summary

• Follow the money and go where there is a lot of money.
• Think long term and invest in opportunities that have long-term potential.
• Don't give up too soon and be patient with your journey to wealth.
• Focus on what works and replicate successful strategies.

Importance of Doing What Works

• Many people try to come up with new and innovative business ideas, but this is not the way to build wealth.
• Instead, focus on what is already working in the market.
• If people are buying weight loss or skincare products, sell them that.
• Don't try to reinvent the wheel, stick to what is proven to be successful.
• Go where the money flows and sell what people are already buying.

Stick to the Basics

• When starting out as an entrepreneur, keep things simple and basic.
• Don't complicate your business with unnecessary elements like customer support or owning your own products.
• Focus on affiliate marketing, which allows you to start an online business without the complications.
• By keeping things simple, you have a better chance of growing and succeeding.
• Strip away unnecessary complexities and maintain a basic approach.

Be Consistent

• Consistency is key in all aspects of life, including dating, fitness, and business.
• Success comes through consistent effort and dedication.
• Don't expect to see results if you are not consistent in your actions.
• Create a consistent profile in your business by focusing on what works and maintaining a consistent approach.
• Consistency is a crucial factor in achieving success.

Importance of Persistence

• Persistence is essential for building wealth.
• Don't give up when faced with challenges or setbacks.
• Keep pushing forward and learning from your mistakes.
• Success may not come overnight, but with persistence, you can achieve your goals.
• Stay committed to your vision and keep working towards it.

Section 1: Importance of Focus

• It took the speaker four years to get their business off the ground and start earning hundreds of thousands of dollars a month.
• The speaker was focused on creating a business that didn't require them to talk to anyone or use their personal time.
• Being extremely focused is important for achieving wealth.
• Knowing your goals and going where the money flows is crucial for building wealth.
• Massive success and a complete life change are possible with extreme focus.

Section 2: Removing Negative Influences

• In gardening, using a hoe to get rid of weeds is important for the plants to grow.
• In real life, negative influences can be distractions like social media notifications and constant reactions to others.
• These negative influences are similar to grass and weeds that steal the resources needed for personal growth.
• Removing negative influences, such as turning off notifications on the phone, opens up space for learning and focusing on long-term goals.
• By taking action and making others react to you, you can have a greater impact and build wealth.

Watch the video on YouTube:
How To Become Rich - 7 Mindsets For Building Wealth - YouTube