#1 Best Strategy to Make $100k During the 2022 Recession | Summary and Q&A

8.3K views
August 29, 2022
by
Brett Malinowski
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#1 Best Strategy to Make $100k During the 2022 Recession

TL;DR

Master the agency model, build skills, face rejection, and provide value to make $100,000.

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Key Insights

  • 🤑 Providing value through solving problems is the core of making money in business.
  • 😀 Building skills, getting clients, and facing rejection are essential steps for success.
  • ❓ Accountability and continuous improvement are crucial for entrepreneurial growth.
  • 🤩 Learning from failures, persevering, and mastering a skill are keys to achieving financial success.
  • ❓ Success in entrepreneurship requires commitment, dedication, and learning from experts.
  • 🤑 Building a portfolio, offering value, and word-of-mouth referrals are essential for business growth.
  • 💨 Fail fast, learn, and adapt to build a successful business.

Transcript

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Questions & Answers

Q: What is the core principle of making money in business?

Providing value by solving others' problems better, faster, or cheaper is the key principle to making money in business.

Q: How important is accountability in entrepreneurship?

Accountability is vital as success is directly related to the time and effort put in to develop skills and provide value.

Q: How can beginners start their journey towards $100,000?

Beginners should focus on mastering a skill, getting clients by offering free work, and learning from rejection and failures.

Q: What mindset shift is necessary for aspiring entrepreneurs?

Aspiring entrepreneurs need to shift their mindset towards facing rejection, failing fast, and continuously improving to achieve success.

Summary & Key Takeaways

  • Learning a skill and offering it to companies is the foundation of making money.

  • Facing rejection, getting clients, and providing value are crucial steps in the journey.

  • Accountability, perseverance, and skill development are key to achieving financial success.

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