What's up, everybody? After speaking with not hundreds of you, but thousands of you across DM, social media,

in our own Action Academy community, the topic of today's podcast episode is going to be how

wealth jumps work across multiple different asset classes, beginning with the simplest and most

basic levels of wealth jumps, all the way to the most advanced levels of wealth jumps all the way to the most advanced

levels of wealth jumps.

This is the same process that we follow when we're educating new Action Academy members

in our community where they join and they think about single family real estate or they

think about things in one certain way.

And then we expose them and teach them how wealth jumps and equity jumps and business valuation jumps

to actually work and how you can get way wealthier, way faster than you anticipate with just

a slight tweak and pivot of your strategy and what you're focusing on.

Throughout this podcast episode, I'm going to try my best to keep the examples as down to earth, as simple

and as easy to understand as humanly possible so that you guys can go make a bunch of money

and have a bunch of commas and zeros on your balance sheets. But as always, before we begin,

if you are interested in taking the information that you learned today in implementing it in

your life, you want to have your handheld, you want to have people, peers, partners, and mentors walking you alongside your wealth

building journey and helping you kind of level up and make it to the top of the mountain via

a cable car instead of having to climb all the way up yourself. That is the Action Academy community.

Now, without any further ado, let's get to it. Level one of the game of wealth is cash.

Pretty simple. I think all of us can understand that. You have cash. That is net worth.

So it is assets minus liability. So if you have debt, of course, you take the value of your

cash and subtract it by the debt. And that is what your net worth is. But for the sake of assets,

...