A book written 99 years ago still holds true today
It’s filled with timeless wealth-building tips.
I’ve followed all of these for years.
Here are the most 6 important principles for 2025:
1/ Save at least 10% of what you earn
Saving cash to be ready for the next deal or to weather a downturn. You never know when an opportunity will come along
2/ Shrink your shopping cart
The smaller the cart, the less you buy. Be ruthless in cutting your expenses. Cut everything that doesn’t give you a direct ROI
3/ Make Your Gold Multiply
There is no better investment than your own business
We’ve gotten 800%+ returns on cash by starting or acquiring more franchises
4/ Guard Your Treasures from Loss
Stay focused on what you’re good at and understand.
I’d rather miss an opportunity than lose cash on something I pretend to understand
5/ Ensure Future Income
Most businesses are 100% dependent on them – when they stop working, the income stops flowing.
The best owners build systems that run without them – when they step away, the income keeps growing. Build systems that you can scale.
6/ Increase Your Ability To Earn
By learning new skills, developing a team, & growing your network
I invest heavily in education. Business coaches, masterminds, books, podcasts. It’s a shortcut.
The Richest Man in Babylon was written 99 years ago.
If you don’t own it, spend $7 and a few hours to read it.
There’s no secret to building wealth. It’s all about your commitment to execution.
Do you own a franchise that you want to massively grow this year?
I run a private community for driven franchises.
We have 45+ members that collectively do over $240M per year, from owners just getting started to $50-$100M per year operators.
If you don’t own a franchise yet, I can help you with that too.
Reply here if you want in.
Cheers!
Brian
P.S. Here are all the brands our members operate:
|
|
