5 • 683 Ratings
🗓️ 24 February 2023
⏱️ 11 minutes
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0:00.0 | What's up back to the Academy family. This is your host as always, Brian Lubin, hoping you get rich, happy, successful, and free with a capital F in your life and business today. |
0:07.9 | The topic of today's show is pretty self-explanatory, as you can see in the title. We are going to discuss the top five investments with the highest ROI that are the most likely to get you out of your W2 and get you to pure unadulterated freedom, just like I said, |
0:23.0 | with a capital F in your life and business. So as you guys know, as you guys know, I am a fan of |
0:29.1 | alliteration, hence the Action Academy. So each one of these are going to have some alliteration, |
0:33.5 | just a little bit of marketing flair, you know, just to give the people what they want. So we will start with investment number one with the highest ROI, and that is recurring revenue. |
0:44.1 | Making $100,000 in a month, it's cool. It's cool. Maybe you flipped a house. Maybe you sold some widgets, |
0:50.2 | sold X and you got Y. But you know what's cooler than making $100,000 in a month, make it $100,000 |
0:55.0 | every month, and then make it 110 the next, then 120, then 130. It compounds on itself over and |
1:02.0 | over and over again. This is the game to play, guys. If you are flipping real estate, if you are |
1:08.6 | wholesale in real estate, you know, just as you're sitting |
1:11.9 | here listening to the sign of my voice, that as soon as you sell that property, as soon as you |
1:17.2 | get offload that property, what do you have to do next to make sure that money comes in the door? |
1:22.0 | You have to go market and find another property. So, as soon as you sell that one property, you have to have 10 more |
1:29.5 | in the funnel to make sure that the lights stay on and everyone keeps dancing, right? Just like in sales, |
1:34.8 | if I closed one massive deal that I was spending all year working on, I had to make sure that I |
1:39.2 | had 10 more massive deals that were in the hopper so that I could keep going and my sales funnel |
1:44.0 | doesn't dry up because what happens is you hunt hunt hunt kill eat and then |
1:48.9 | you starve because you stopped hunting okay so the point of recurring revenue is to |
1:53.4 | completely prevent this and it's to capture all this business and all these people |
1:57.7 | that raised their hand and said that you provided them value and they're exchanging |
2:00.7 | money in return all right so if you do not have a recurring revenue model |
2:06.2 | in your business, you need to build one. And if you are listening to this and you have no |
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