Short story: You need to earn more income than your expenses every month to retire at any age. But if you’re approaching 30, you can actually retire by that age if you get moving now. You need the right knowledge and you need time. Want the “secret”? Start a business. Then scale it.
Develop a product or service, and learn how to sell it. When considering what type of business, ask yourself Why, What, When, Who and How… in that order.
Learn to raise capital so you can start a business or buy assets, like real estate property, that create cashflow so you can retire by 30. Learn more.
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Hi, Jay Massey here, with the CashFlowDiary.com and in this video I’m going to explain how to retire by thirty in two minutes or less.
Ok, you know right now to retire there has to be something that you got to do you, got to have a stream of income that comes in more money coming and then going out without working. The question is:
“What on earth could I do in order to make that happen?”
For most individuals who are in the use of life if you will, those individuals in that stage have a very strong answer. Comes down to understanding how to use these four ingredients, your knowledge, time money and credit in a completely different way.
And what you’re gonna have to focus on is the knowledge and time that you have to develop an asset typically called a business.
The cool thing about a business is that the business doesn’t care how old you are, how young you are, your experience.
Because it all can be learned in the sooner you start the better. In fact, one of the best things you can do if you want to retire by 30 is learning how to answer the following question
When you feel like you’re getting stressed, and go “Oh my gosh I need money!”; you’ve ever felt that right?
Every time you feel that you’ve got to learn to develop a different response, and here is the answer that I’ve told my children and I teach you now.
Develop a product or service and learn to sell it.
After that everything is all about scale. So, I don’t care if all you do is eliminate stand that is the product and a service that serves people in a particular situation, and then you have the ability to sell it later. That’s all I want you to do is develop a product or service.
To do that you’re going to answer five questions in this order:
Once you have those five questions answered you have the ability to start your business, no matter how young you are and be able to build that business, at scale so that you can retire by 30.
Thanks for watching.
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Until next time.