The Fastest Way To Wealth Is Slowly (5 MINUTE FRIDAYS)

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 • 2K Ratings

🗓️ 7 October 2022

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

#entrepreneurship #smallbusiness #podcast #howto

This 5 MINUTE FRIDAYS is focused on the idea of leaning into going deep versus going wide in terms of how profit is generated through your business.

Going Wide - Having multiple streams of income that's generated from means of totally different areas.

Ex: Money that's comes from one person being a hair stylist, preparing taxes, catering and childcare.

All these avenues will generate money - period. You may even make lots of money, but chances are that you'd be drained and burned out.

Going Deep: Having multiple streams from one thing. (we don't want a trickle... We want a stream)

Ex: A person who's a hair stylist, sells hair products, facilitates a course teaching hair styling, owns several locations of other people doing the same and of course a podcast talking about hairstyling that also promotes that business) will going much further.

Plus, the focus is many things within the one thing.

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Show notes:

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Transcript

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0:00.0	All right, five minute Fridays, man.
0:01.7	Thank y'all for being here.
0:02.9	I love the fact that you're tuning into these five
0:04.8	minute Fridays, just really, really growing.
0:07.0	It's like y'all like these five minute Fridays
0:08.6	more than my hour and a half interviews.
0:09.9	Those hour and a half interviews are really good.
0:12.5	Okay, so still watch those, still share those,
0:14.7	but the fact that y'all really get somebody's five minutes
0:17.2	and they're helping people.
0:18.2	I'm getting the DMs and the testimonials.
0:20.0	It feels amazing.
0:21.6	If y'all, if there's a topic I need to do for five minute
0:23.8	Fridays, just send me a DM.
0:25.1	Here's my message for today.
0:28.2	The fastest way to get rich, the fastest way to get rich,
0:35.2	is slowly, the fastest way to get rich is slowly.
0:42.2	Do you know, I think some people don't have strong
0:49.2	streams of income because they're chasing multiple
0:53.2	streams of income.
0:54.2	People don't have multiple streams of income
0:56.2	because they're chasing multiple streams of income.
	...

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