meta_pixel
Tapesearch Logo
Log in
The Diary Of A CEO with Steven Bartlett

Moment 173: The SIMPLE Way People Make MONEY Without Working Harder!: The Money Making Expert

The Diary Of A CEO with Steven Bartlett

FlightStory

Society & Culture, Education, Business

4.518K Ratings

🗓️ 2 August 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In this moment, award-winning serial entrepreneur Daniel Priestley discusses effective strategies for accumulating assets to build wealth. According to Daniel, it is essential to create a diverse portfolio of assets, such as a strong personal brand or a vibrant company culture, because income naturally follows assets. Daniel also discusses the importance of investing your disposable income in personal development, such as taking courses to enhance essential skills, as well as in your personal relationships. One of the ways that you can strengthen your connections is by hosting dinner parties or taking successful mentors out for lunch. By investing in your relationships, you are not just learning new skills from a mentor, but you are also opening doors to potential income opportunities in the future. Listen to the full episode here - Spotify-  https://g2ul0.app.link/npzlzOSpILb Apple -  https://g2ul0.app.link/Ph1YlcXpILb Watch the Episodes On Youtube - https://www.youtube.com/c/%20TheDiaryOfACEO/videos Daniel: https://danielpriestley.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Let's talk about money.

0:04.4

Let's talk about it.

0:05.4

We're in a cost of living crisis in the UK and many countries around the world

0:10.3

are either in or on the brink of recession. So one of the most popular

0:14.4

questions we've had at the driver CEO in the last three to six months is about

0:18.3

money, people's concern about their own money, spending, finance and saving.

0:23.3

If I'm someone out there now that has, I don't know, $100 or $100

0:27.2

worth of disposable income every month,

0:30.1

or if I have a thousand or 10,000 pounds,

0:32.4

what should I be thinking about as it relates to

0:34.8

creating more money and making myself financially free?

0:39.2

The first thing is you just want to earn more.

0:41.7

People massively settle for how much they could earn. So the first

0:47.1

place I think to invest is in yourself. But here's the first principle. The first principle is income follows assets means that the more assets you have the more income you'll earn.

0:59.0

If I own, if I want rental income first I need a house, if I want

1:03.4

dividend income, I want dividend income, I need shares.

1:04.8

If I want to be paid as a brand ambassador, first I need a brand.

1:09.7

So essentially, the more we can accumulate assets, the more easy and effortless the money flows.

1:15.4

So we have to figure out what assets could you accumulate and what assets could you formalize

1:21.3

and own.

1:22.3

I wrote a book called 24 assets and I listed

1:24.1

out all the different digital assets that are new economy assets that people could have, things

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from FlightStory, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of FlightStory and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.