1 00:00:00,000 --> 00:00:02,960 Hey everyone, welcome back to another Deep Dive. 2 00:00:02,960 --> 00:00:04,640 Today we are talking all about 3 00:00:04,640 --> 00:00:07,520 Iman Gadzhi's YouTube video. 4 00:00:07,520 --> 00:00:11,200 Do this to make $10,000 as a student. 5 00:00:11,200 --> 00:00:13,080 Yeah, this is a good one. 6 00:00:13,080 --> 00:00:16,160 We're gonna see if we can like pull out some 7 00:00:16,160 --> 00:00:17,840 of the good stuff, see what's hype 8 00:00:17,840 --> 00:00:20,960 and what actually makes sense for, you know, 9 00:00:20,960 --> 00:00:22,320 the average student out there. 10 00:00:22,320 --> 00:00:24,080 And I think one of the things Gadzhi does really well 11 00:00:24,080 --> 00:00:25,560 is he's very realistic. 12 00:00:25,560 --> 00:00:28,040 He cuts through like all that noise about, you know, 13 00:00:28,040 --> 00:00:29,280 getting rich quick schemes. 14 00:00:29,280 --> 00:00:30,120 Right. 15 00:00:30,120 --> 00:00:31,400 He's all about like building something 16 00:00:31,400 --> 00:00:32,640 that's actually sustainable. 17 00:00:32,640 --> 00:00:33,480 Exactly. 18 00:00:33,480 --> 00:00:34,320 Yeah. 19 00:00:34,320 --> 00:00:35,280 And one of the first things he talks about 20 00:00:35,280 --> 00:00:36,520 is finding the right vehicle. 21 00:00:36,520 --> 00:00:37,360 Yeah. 22 00:00:37,360 --> 00:00:38,200 But even before that, 23 00:00:38,200 --> 00:00:40,080 he talks about this thing called free cash flow. 24 00:00:40,080 --> 00:00:41,000 Mm-hmm. 25 00:00:41,000 --> 00:00:42,600 Now for those of us, you know, 26 00:00:42,600 --> 00:00:44,280 still living that student life, 27 00:00:44,280 --> 00:00:47,120 maybe rocking the ramen noodles, 28 00:00:47,120 --> 00:00:49,760 what is free cash flow and why does it matter? 29 00:00:49,760 --> 00:00:51,560 Okay, so think about it like this. 30 00:00:51,560 --> 00:00:53,640 Like you've got a lemonade stand, right? 31 00:00:53,640 --> 00:00:56,120 You've got lemons, sugar cups. 32 00:00:56,120 --> 00:00:56,960 Right. 33 00:00:56,960 --> 00:00:57,800 Those are your expenses. 34 00:00:57,800 --> 00:00:58,640 Gotcha. 35 00:00:58,640 --> 00:01:00,280 And then you've got lemonade, that's your revenue. 36 00:01:00,280 --> 00:01:02,400 Free cash flow is the money you've got left over. 37 00:01:02,400 --> 00:01:03,240 Right. 38 00:01:03,240 --> 00:01:04,920 After you paid for the lemons, the cups, all that jazz. 39 00:01:04,920 --> 00:01:05,760 Yeah. 40 00:01:05,760 --> 00:01:06,960 It's the money you've got in your pocket. 41 00:01:06,960 --> 00:01:07,800 Oh. 42 00:01:07,800 --> 00:01:11,840 To be either reinvest or, you know, buy yourself a pizza. 43 00:01:11,840 --> 00:01:13,480 Okay, so like profit essentially. 44 00:01:13,480 --> 00:01:14,480 Yeah, basically. 45 00:01:14,480 --> 00:01:16,160 Okay, and why is that so important, 46 00:01:16,160 --> 00:01:18,600 especially when you're just starting out? 47 00:01:18,600 --> 00:01:19,880 Because when you're starting out, 48 00:01:19,880 --> 00:01:21,120 you don't have a lot of money. 49 00:01:21,120 --> 00:01:21,960 Right. 50 00:01:21,960 --> 00:01:25,880 So free cash flow gives you the flexibility to experiment. 51 00:01:25,880 --> 00:01:26,720 To try things out. 52 00:01:26,720 --> 00:01:27,560 Yeah, try things out. 53 00:01:27,560 --> 00:01:29,080 New flavors for your lemonade. 54 00:01:29,080 --> 00:01:31,400 You can hire a friend, check out, you know. 55 00:01:31,400 --> 00:01:32,240 More hands. 56 00:01:32,240 --> 00:01:33,680 Look at the word out there. 57 00:01:33,680 --> 00:01:34,520 I like it. 58 00:01:34,520 --> 00:01:35,360 I like it. 59 00:01:35,360 --> 00:01:36,180 Yeah. 60 00:01:36,180 --> 00:01:37,240 Now, Gadzie talks about his own business. 61 00:01:37,240 --> 00:01:38,080 Yes. 62 00:01:38,080 --> 00:01:39,640 He sells eyewear online. 63 00:01:39,640 --> 00:01:40,840 Yeah, sunglasses. 64 00:01:40,840 --> 00:01:41,680 E-commerce. 65 00:01:42,720 --> 00:01:47,280 And he's pulling in like 1.2 to 1.5 million a year. 66 00:01:47,280 --> 00:01:48,160 A lot of money. 67 00:01:48,160 --> 00:01:49,000 Yeah. 68 00:01:49,000 --> 00:01:49,960 A lot of sunglasses. 69 00:01:49,960 --> 00:01:52,080 But he's not necessarily saying that e-commerce 70 00:01:52,080 --> 00:01:53,800 is like the best way to go. 71 00:01:53,800 --> 00:01:55,560 No, it's interesting because he actually points out 72 00:01:55,560 --> 00:01:58,440 that with e-commerce, especially when you're selling 73 00:01:58,440 --> 00:02:02,560 physical products, there are hidden costs. 74 00:02:02,560 --> 00:02:05,240 You know, you've got to buy inventory. 75 00:02:05,240 --> 00:02:06,080 Oh, right. 76 00:02:06,080 --> 00:02:06,920 Yeah, yeah. 77 00:02:06,920 --> 00:02:07,760 You've got to store it. 78 00:02:07,760 --> 00:02:08,600 Ship it out. 79 00:02:08,600 --> 00:02:09,440 Exactly. 80 00:02:09,440 --> 00:02:10,640 And that can eat into your free cash flow. 81 00:02:10,640 --> 00:02:13,360 Oh, so it's not all sunshine and rainbows? 82 00:02:13,360 --> 00:02:14,840 No, not quite. 83 00:02:14,840 --> 00:02:17,840 So if e-commerce isn't always the perfect vehicle, 84 00:02:17,840 --> 00:02:19,680 what does Gadzie recommend? 85 00:02:19,680 --> 00:02:22,400 He talks a lot about service-based businesses. 86 00:02:22,400 --> 00:02:23,240 Okay. 87 00:02:23,240 --> 00:02:24,920 And I think that makes a lot of sense for students 88 00:02:24,920 --> 00:02:27,080 because you're already gaining skills. 89 00:02:27,080 --> 00:02:27,920 Right. 90 00:02:27,920 --> 00:02:28,760 You're learning things. 91 00:02:28,760 --> 00:02:29,600 Exactly. 92 00:02:29,600 --> 00:02:31,920 So could you maybe offer freelance writing? 93 00:02:31,920 --> 00:02:32,760 Tutoring. 94 00:02:32,760 --> 00:02:33,600 Tutoring. 95 00:02:33,600 --> 00:02:34,440 Exactly. 96 00:02:34,440 --> 00:02:36,400 I know a ton of people who are like math whizzes. 97 00:02:36,400 --> 00:02:37,240 Right. 98 00:02:37,240 --> 00:02:38,600 Or you could even do graphic design. 99 00:02:38,600 --> 00:02:40,160 Show social media management. 100 00:02:40,160 --> 00:02:41,560 Yeah, there's so much you can do. 101 00:02:41,560 --> 00:02:42,400 That's true. 102 00:02:42,400 --> 00:02:43,240 That's true. 103 00:02:43,240 --> 00:02:44,080 Right. 104 00:02:44,080 --> 00:02:46,360 But how do you make sure that your service-based business 105 00:02:46,360 --> 00:02:48,320 is actually making bank? 106 00:02:48,320 --> 00:02:49,760 That's the key question, right? 107 00:02:49,760 --> 00:02:50,600 Yeah. 108 00:02:50,600 --> 00:02:52,360 It's not like every service is going to bring in the big books. 109 00:02:52,360 --> 00:02:53,640 Right. 110 00:02:53,640 --> 00:02:55,520 So Gadzie talks about two things. 111 00:02:55,520 --> 00:02:56,360 Okay. 112 00:02:56,360 --> 00:02:59,480 First, you need high perceived value. 113 00:02:59,480 --> 00:03:00,560 High perceived value. 114 00:03:00,560 --> 00:03:03,520 Meaning your service needs to solve a problem 115 00:03:03,520 --> 00:03:06,360 that people will pay good money for. 116 00:03:06,360 --> 00:03:10,840 So maybe you're really good at coding a specific type of app. 117 00:03:10,840 --> 00:03:13,480 Or you can write blog posts that go viral. 118 00:03:13,480 --> 00:03:15,960 Okay, so it's gotta be something people need 119 00:03:15,960 --> 00:03:17,120 and they're willing to pay for. 120 00:03:17,120 --> 00:03:18,200 Yeah, exactly. 121 00:03:18,200 --> 00:03:19,040 What's the second thing? 122 00:03:19,040 --> 00:03:20,600 The second thing is leverage. 123 00:03:20,600 --> 00:03:21,440 Leverage. 124 00:03:21,440 --> 00:03:25,600 It's all about finding ways to scale your service 125 00:03:25,600 --> 00:03:28,560 beyond just trading your time for money. 126 00:03:28,560 --> 00:03:30,480 So what would be an example of that? 127 00:03:30,480 --> 00:03:32,640 So let's go back to the crittering example. 128 00:03:32,640 --> 00:03:35,040 Instead of just tutoring one student, 129 00:03:35,040 --> 00:03:37,200 you could create an online course 130 00:03:37,200 --> 00:03:38,920 or a group coaching program. 131 00:03:38,920 --> 00:03:39,760 That's a good idea. 132 00:03:39,760 --> 00:03:41,200 And reach way more people. 133 00:03:41,200 --> 00:03:45,720 Wow, okay, so you're like multiplying your earning potential 134 00:03:45,720 --> 00:03:47,640 without working more hours. 135 00:03:47,640 --> 00:03:48,960 That's the dream, right? 136 00:03:48,960 --> 00:03:49,840 That's the dream. 137 00:03:49,840 --> 00:03:50,680 Yeah. 138 00:03:50,680 --> 00:03:51,520 I love it. 139 00:03:51,520 --> 00:03:52,800 And this is where it gets really interesting 140 00:03:52,800 --> 00:03:56,080 because Godsey actually challenges us 141 00:03:56,080 --> 00:03:58,320 to think about our own skills and knowledge. 142 00:03:58,320 --> 00:03:59,560 Yeah, what could you do? 143 00:03:59,560 --> 00:04:00,400 What could you do? 144 00:04:00,400 --> 00:04:02,440 If you were starting a service-based business. 145 00:04:02,440 --> 00:04:03,280 What would that look like? 146 00:04:03,280 --> 00:04:04,640 What's that thing you're good at? 147 00:04:04,640 --> 00:04:07,040 Yeah, take a minute and think about it. 148 00:04:07,040 --> 00:04:09,720 Because everyone has something valuable to offer. 149 00:04:09,720 --> 00:04:10,560 That's so true. 150 00:04:10,560 --> 00:04:12,240 And I think Godsey's a really good example of that. 151 00:04:12,240 --> 00:04:14,320 Yeah, he built a million dollar business. 152 00:04:14,320 --> 00:04:15,160 From scratch. 153 00:04:15,160 --> 00:04:16,280 Totally from scratch. 154 00:04:16,280 --> 00:04:17,520 But it's important to remember. 155 00:04:17,520 --> 00:04:18,360 Yes. 156 00:04:18,360 --> 00:04:20,920 He took him three years. 157 00:04:20,920 --> 00:04:21,760 Three years. 158 00:04:21,760 --> 00:04:25,320 To consistently hit that $10,000 a month mark. 159 00:04:25,320 --> 00:04:27,680 And he even talks about how he would compare himself 160 00:04:27,680 --> 00:04:29,160 to other people online. 161 00:04:29,160 --> 00:04:30,000 Oh yeah. 162 00:04:30,000 --> 00:04:32,840 Who were seemingly making a ton of money overnight. 163 00:04:32,840 --> 00:04:34,360 Yeah, I think we've all been there. 164 00:04:34,360 --> 00:04:35,960 Yeah, you scroll through Instagram. 165 00:04:35,960 --> 00:04:36,800 You're like. 166 00:04:36,800 --> 00:04:38,160 And everyone's on vacation. 167 00:04:38,160 --> 00:04:39,000 Everyone's rich. 168 00:04:39,000 --> 00:04:40,480 Driving fancy cars. 169 00:04:40,480 --> 00:04:41,320 And you're like, wait. 170 00:04:41,320 --> 00:04:42,160 What am I doing wrong? 171 00:04:42,160 --> 00:04:43,440 What am I doing with my life? 172 00:04:43,440 --> 00:04:44,680 Exactly. 173 00:04:44,680 --> 00:04:47,360 And this brings us to his second component. 174 00:04:47,360 --> 00:04:48,200 Okay. 175 00:04:48,200 --> 00:04:49,920 Stretching the timeline. 176 00:04:49,920 --> 00:04:51,200 Stretching the timeline. 177 00:04:51,200 --> 00:04:52,040 I love that. 178 00:04:52,040 --> 00:04:54,000 Yeah, because social media, I think, 179 00:04:54,000 --> 00:04:56,880 really warps our perception of time. 180 00:04:56,880 --> 00:04:57,800 It does. 181 00:04:57,800 --> 00:05:00,080 We think that success happens overnight. 182 00:05:00,080 --> 00:05:00,920 Right. 183 00:05:00,920 --> 00:05:02,480 But that's usually not the case. 184 00:05:02,480 --> 00:05:03,640 No, it takes time. 185 00:05:03,640 --> 00:05:04,840 Especially as a student. 186 00:05:04,840 --> 00:05:05,680 Yeah. 187 00:05:05,680 --> 00:05:06,520 You're juggling classes. 188 00:05:06,520 --> 00:05:07,360 Exams. 189 00:05:07,360 --> 00:05:08,200 Yeah. 190 00:05:08,200 --> 00:05:09,040 Exactly. 191 00:05:09,040 --> 00:05:09,880 It's a lot. 192 00:05:09,880 --> 00:05:10,720 It's a lot. 193 00:05:10,720 --> 00:05:11,560 Yeah. 194 00:05:11,560 --> 00:05:12,400 So we need to be realistic about our expectations. 195 00:05:12,400 --> 00:05:15,520 So how do we avoid falling into that comparison trap? 196 00:05:15,520 --> 00:05:17,400 Well, I think it starts with patience. 197 00:05:17,400 --> 00:05:18,240 Okay. 198 00:05:18,240 --> 00:05:21,880 And understanding that building a business takes time. 199 00:05:21,880 --> 00:05:22,720 Right. 200 00:05:22,720 --> 00:05:23,560 It's not going to happen overnight. 201 00:05:23,560 --> 00:05:24,400 No. 202 00:05:24,400 --> 00:05:25,360 It's like training for a marathon. 203 00:05:25,360 --> 00:05:26,200 Okay. 204 00:05:26,200 --> 00:05:28,760 You wouldn't expect to run 26 miles on day one. 205 00:05:28,760 --> 00:05:29,600 Right. 206 00:05:29,600 --> 00:05:30,520 You guys start small. 207 00:05:30,520 --> 00:05:31,800 Gradually increase. 208 00:05:31,800 --> 00:05:32,640 Yeah. 209 00:05:32,640 --> 00:05:34,880 And celebrate those small wins along the way. 210 00:05:34,880 --> 00:05:35,720 I love that. 211 00:05:35,720 --> 00:05:38,640 And Gadsie actually shares this really relatable story. 212 00:05:38,640 --> 00:05:39,480 Oh yeah. 213 00:05:39,480 --> 00:05:40,320 I love this story. 214 00:05:40,320 --> 00:05:42,520 About, you know, hitting the gym, 215 00:05:42,520 --> 00:05:43,960 religiously devouring books, 216 00:05:43,960 --> 00:05:45,960 like hustling to make ends meet. 217 00:05:45,960 --> 00:05:46,800 Yeah. 218 00:05:46,800 --> 00:05:48,120 Before he found success. 219 00:05:48,120 --> 00:05:49,880 It wasn't an overnight thing for him. 220 00:05:49,880 --> 00:05:51,520 It was years of hard work. 221 00:05:51,520 --> 00:05:52,440 And dedication. 222 00:05:52,440 --> 00:05:53,280 Exactly. 223 00:05:53,280 --> 00:05:55,080 But what's encouraging is that he believes 224 00:05:55,080 --> 00:05:57,680 the internet has actually accelerated things. 225 00:05:57,680 --> 00:05:58,640 Yeah, that's true. 226 00:05:58,640 --> 00:06:00,960 You know, we have access to more resources. 227 00:06:00,960 --> 00:06:02,640 More tools, more connections. 228 00:06:02,640 --> 00:06:03,720 Than ever before. 229 00:06:03,720 --> 00:06:04,560 Yeah. 230 00:06:04,560 --> 00:06:08,800 So your path to $10,000 a month could be faster. 231 00:06:08,800 --> 00:06:09,640 It could be. 232 00:06:09,640 --> 00:06:10,480 Than you think. 233 00:06:10,480 --> 00:06:11,320 Yeah. 234 00:06:11,320 --> 00:06:13,800 But of course, Gadsie offers the word of caution. 235 00:06:13,800 --> 00:06:14,640 Always. 236 00:06:14,640 --> 00:06:16,720 He compares business growth to a flat line. 237 00:06:16,720 --> 00:06:17,560 Okay. 238 00:06:17,560 --> 00:06:19,240 Followed by a sudden shootup. 239 00:06:19,240 --> 00:06:20,080 Interesting. 240 00:06:20,080 --> 00:06:23,240 So like it's not always gonna be a smooth upward trajectory. 241 00:06:23,240 --> 00:06:24,400 No, there will be ups and downs. 242 00:06:24,400 --> 00:06:25,240 Plateaus. 243 00:06:25,240 --> 00:06:26,080 Maybe even some dips. 244 00:06:26,080 --> 00:06:27,680 Before you see that massive growth. 245 00:06:27,680 --> 00:06:29,400 Right, it's like that marathon again. 246 00:06:29,400 --> 00:06:30,240 Okay. 247 00:06:30,240 --> 00:06:32,280 You're not gonna feel amazing every single day. 248 00:06:32,280 --> 00:06:33,760 Some days you're gonna wanna stay in bed. 249 00:06:33,760 --> 00:06:34,600 Exactly. 250 00:06:34,600 --> 00:06:37,400 But it's about pushing through those tough moments. 251 00:06:37,400 --> 00:06:38,640 And staying committed. 252 00:06:38,640 --> 00:06:40,840 Yes, to your long term vision. 253 00:06:40,840 --> 00:06:42,560 He said something really interesting. 254 00:06:42,560 --> 00:06:43,400 What was that? 255 00:06:43,400 --> 00:06:45,840 He said, the real challenge, 256 00:06:45,840 --> 00:06:48,240 isn't making that $10,000 a month. 257 00:06:48,240 --> 00:06:49,080 Uh-huh. 258 00:06:49,080 --> 00:06:50,360 It's maintaining it. 259 00:06:50,360 --> 00:06:51,200 Oh. 260 00:06:51,200 --> 00:06:52,040 And growing it. 261 00:06:52,040 --> 00:06:52,880 Okay. 262 00:06:52,880 --> 00:06:54,720 Which brings us to his final component. 263 00:06:54,720 --> 00:06:55,560 All right. 264 00:06:55,560 --> 00:06:56,400 Staying power. 265 00:06:56,400 --> 00:06:57,560 Staying power, love it. 266 00:06:57,560 --> 00:06:59,440 And this part about financial identity 267 00:06:59,440 --> 00:07:00,720 really blew my mind. 268 00:07:00,720 --> 00:07:02,040 Yeah, this is a good one. 269 00:07:02,040 --> 00:07:03,880 It's not just about the money. 270 00:07:03,880 --> 00:07:05,920 It's about aligning your income 271 00:07:05,920 --> 00:07:07,680 with your values and goals. 272 00:07:07,680 --> 00:07:09,160 So what do you think about that? 273 00:07:09,160 --> 00:07:10,320 I think it's super important. 274 00:07:10,320 --> 00:07:11,160 Yeah. 275 00:07:11,160 --> 00:07:13,640 Because it's not just about like hitting a number. 276 00:07:13,640 --> 00:07:14,480 Right. 277 00:07:14,480 --> 00:07:15,320 It's about creating a life 278 00:07:15,320 --> 00:07:16,320 that you're actually happy with. 279 00:07:16,320 --> 00:07:17,160 Exactly. 280 00:07:17,160 --> 00:07:18,760 A life that feels good. 281 00:07:18,760 --> 00:07:19,600 Yeah. 282 00:07:19,600 --> 00:07:21,440 A life that's in alignment with who you are. 283 00:07:21,440 --> 00:07:23,600 And God's he defines financial identity. 284 00:07:23,600 --> 00:07:24,440 Yeah. 285 00:07:24,440 --> 00:07:25,280 How does he define it? 286 00:07:25,280 --> 00:07:27,480 As the income level below which you feel 287 00:07:27,480 --> 00:07:29,920 out of alignment with your true potential. 288 00:07:29,920 --> 00:07:31,000 Oh, that's interesting. 289 00:07:31,000 --> 00:07:32,360 That's like a personal compass. 290 00:07:32,360 --> 00:07:33,480 Like a benchmark. 291 00:07:33,480 --> 00:07:35,080 That guides your financial journey. 292 00:07:35,080 --> 00:07:35,920 Okay. 293 00:07:35,920 --> 00:07:36,760 I like that. 294 00:07:36,760 --> 00:07:37,600 Yeah. 295 00:07:37,600 --> 00:07:40,400 And he even shows how like his own financial baseline 296 00:07:40,400 --> 00:07:42,440 changed as his business grew. 297 00:07:42,440 --> 00:07:43,280 Oh, yeah. 298 00:07:43,280 --> 00:07:45,040 Like he started at $1,000 a month. 299 00:07:45,040 --> 00:07:45,880 Right. 300 00:07:45,880 --> 00:07:48,400 Then it went up to, you know, millions. 301 00:07:48,400 --> 00:07:49,240 Wow. 302 00:07:49,240 --> 00:07:50,480 But I think it's relatable 303 00:07:50,480 --> 00:07:52,560 because our financial identity can change. 304 00:07:52,560 --> 00:07:53,400 Right. 305 00:07:53,400 --> 00:07:54,240 As we gain experience. 306 00:07:54,240 --> 00:07:55,320 As we learn more. 307 00:07:55,320 --> 00:07:56,560 As our business grows. 308 00:07:56,560 --> 00:07:57,400 Exactly. 309 00:07:57,400 --> 00:07:58,440 It's like leveling up in a video game. 310 00:07:58,440 --> 00:07:59,560 I like that analogy. 311 00:07:59,560 --> 00:08:00,400 Yeah. 312 00:08:00,400 --> 00:08:01,760 As you gain more skills. 313 00:08:01,760 --> 00:08:03,800 You unlock new possibilities. 314 00:08:03,800 --> 00:08:04,640 You can earn more. 315 00:08:04,640 --> 00:08:06,760 And the cool thing is you can actually envision 316 00:08:06,760 --> 00:08:08,320 your financial identity. 317 00:08:08,320 --> 00:08:09,160 Wow. 318 00:08:09,160 --> 00:08:10,680 It's not just a random number. 319 00:08:10,680 --> 00:08:11,520 Right. 320 00:08:11,520 --> 00:08:14,160 It's about what do you want your life to look like? 321 00:08:14,160 --> 00:08:15,000 Right. 322 00:08:15,000 --> 00:08:18,880 Income level would allow you to do the things you want to do. 323 00:08:18,880 --> 00:08:19,720 Yeah. 324 00:08:19,720 --> 00:08:20,560 Pursue your passions. 325 00:08:20,560 --> 00:08:21,400 Trow the war. 326 00:08:21,400 --> 00:08:22,240 Make a difference. 327 00:08:22,240 --> 00:08:23,080 Exactly. 328 00:08:23,080 --> 00:08:23,920 That's powerful stuff. 329 00:08:23,920 --> 00:08:24,760 Yeah. 330 00:08:24,760 --> 00:08:26,840 But let's say you've nailed down your financial identity. 331 00:08:26,840 --> 00:08:27,680 Okay. 332 00:08:27,680 --> 00:08:30,480 You're hitting that $10,000 a month mark. 333 00:08:30,480 --> 00:08:31,440 You're feeling good. 334 00:08:31,440 --> 00:08:32,280 What's next? 335 00:08:32,280 --> 00:08:33,120 What's next? 336 00:08:33,120 --> 00:08:34,840 How do you avoid becoming complacent? 337 00:08:34,840 --> 00:08:36,040 Well, I think Gadzie would say, 338 00:08:36,040 --> 00:08:37,360 you got to keep learning. 339 00:08:37,360 --> 00:08:38,200 Right. 340 00:08:38,200 --> 00:08:39,720 You got to keep adapting. 341 00:08:39,720 --> 00:08:42,200 Because the online business world is always changing. 342 00:08:42,200 --> 00:08:45,520 Always changing new trends, new technologies. 343 00:08:45,520 --> 00:08:46,720 You got to stay ahead of the curve. 344 00:08:46,720 --> 00:08:47,560 Yeah. 345 00:08:47,560 --> 00:08:48,840 You got to invest in your skills. 346 00:08:48,840 --> 00:08:51,320 Maybe even like branch out into new ventures. 347 00:08:52,240 --> 00:08:53,080 That's a good idea. 348 00:08:53,080 --> 00:08:53,920 Right. 349 00:08:53,920 --> 00:08:54,760 Keep things fresh. 350 00:08:54,760 --> 00:08:55,600 Keep growing. 351 00:08:55,600 --> 00:08:57,800 It's like leveling up in that video game again. 352 00:08:57,800 --> 00:08:58,840 Love that analogy. 353 00:08:58,840 --> 00:09:00,040 Never stop learning. 354 00:09:00,040 --> 00:09:01,080 Never stop growing. 355 00:09:01,080 --> 00:09:02,200 And never stop earning. 356 00:09:02,200 --> 00:09:03,040 Okay. 357 00:09:03,040 --> 00:09:03,880 Before we wrap up. 358 00:09:03,880 --> 00:09:04,720 Yes. 359 00:09:04,720 --> 00:09:06,320 I want to circle back to something Gadzie mentioned. 360 00:09:06,320 --> 00:09:07,160 Okay. 361 00:09:07,160 --> 00:09:09,000 About the ethical and moral aspects. 362 00:09:09,000 --> 00:09:09,840 Oh, yeah. 363 00:09:09,840 --> 00:09:10,880 Of wealth creation. 364 00:09:10,880 --> 00:09:13,600 Yeah, he talks about making as much money as you can. 365 00:09:13,600 --> 00:09:14,440 Right. 366 00:09:14,440 --> 00:09:15,960 But ethically and morally. 367 00:09:15,960 --> 00:09:17,240 What do you think he means by that? 368 00:09:17,240 --> 00:09:20,760 I think he's talking about being a conscious entrepreneur. 369 00:09:20,760 --> 00:09:21,600 Okay. 370 00:09:21,600 --> 00:09:23,760 Thinking about the impact of your actions. 371 00:09:23,760 --> 00:09:24,600 On others. 372 00:09:24,600 --> 00:09:25,600 On the world around you. 373 00:09:25,600 --> 00:09:27,440 So it's not just about making money. 374 00:09:27,440 --> 00:09:28,280 No. 375 00:09:28,280 --> 00:09:30,120 It's about using your skills. 376 00:09:30,120 --> 00:09:30,960 Yeah. 377 00:09:30,960 --> 00:09:31,800 Your resources. 378 00:09:31,800 --> 00:09:32,640 To make a positive impact. 379 00:09:32,640 --> 00:09:33,480 To solve problems. 380 00:09:33,480 --> 00:09:35,480 To contribute to something bigger than yourself. 381 00:09:35,480 --> 00:09:36,320 I love that. 382 00:09:36,320 --> 00:09:37,160 Me too. 383 00:09:37,160 --> 00:09:40,640 It's like a reminder that success is more than just money. 384 00:09:40,640 --> 00:09:42,440 It's about making a difference. 385 00:09:42,440 --> 00:09:43,280 All right. 386 00:09:43,280 --> 00:09:44,120 We've covered a lot today. 387 00:09:44,120 --> 00:09:44,960 We haven't. 388 00:09:44,960 --> 00:09:46,600 From choosing the right business vehicle. 389 00:09:46,600 --> 00:09:47,440 Yeah. 390 00:09:47,440 --> 00:09:49,800 To setting realistic expectations. 391 00:09:49,800 --> 00:09:50,640 Uh huh. 392 00:09:50,640 --> 00:09:51,960 Embracing a growth mindset. 393 00:09:51,960 --> 00:09:52,800 Absolutely. 394 00:09:52,800 --> 00:09:55,600 Aligning your financial goals with your values. 395 00:09:55,600 --> 00:09:56,520 How important stuff. 396 00:09:56,520 --> 00:09:57,600 But before we sign off. 397 00:09:57,600 --> 00:09:58,440 Yes. 398 00:09:58,440 --> 00:09:59,560 I want to leave you with a final thought. 399 00:09:59,560 --> 00:10:00,400 Okay. 400 00:10:00,400 --> 00:10:01,240 I'm ready. 401 00:10:01,240 --> 00:10:02,080 What if you had like a magic wand? 402 00:10:02,080 --> 00:10:02,920 A magic wand. 403 00:10:02,920 --> 00:10:05,640 And you could instantly launch that service-based business. 404 00:10:05,640 --> 00:10:06,600 Oh. 405 00:10:06,600 --> 00:10:07,440 What would it be? 406 00:10:07,440 --> 00:10:08,280 Mm-hmm. 407 00:10:08,280 --> 00:10:09,400 What problem would you solve? 408 00:10:09,400 --> 00:10:10,320 That's a good question. 409 00:10:10,320 --> 00:10:11,880 What would those first steps look like? 410 00:10:11,880 --> 00:10:12,720 Okay. 411 00:10:12,720 --> 00:10:15,400 Would you create a profile on a freelancing platform? 412 00:10:15,400 --> 00:10:16,240 Maybe. 413 00:10:16,240 --> 00:10:18,040 Would you reach out to a local business? 414 00:10:18,040 --> 00:10:18,880 Possibly. 415 00:10:18,880 --> 00:10:19,720 Offer your skills? 416 00:10:19,720 --> 00:10:20,560 Yeah. 417 00:10:20,560 --> 00:10:21,400 Like what's that first step you could take? 418 00:10:21,400 --> 00:10:22,240 Right. 419 00:10:22,240 --> 00:10:23,200 It's so easy to get overwhelmed. 420 00:10:23,200 --> 00:10:24,040 Oh yeah. 421 00:10:24,040 --> 00:10:24,880 By the big picture. 422 00:10:24,880 --> 00:10:26,880 Analysis paralysis. 423 00:10:26,880 --> 00:10:29,440 But sometimes it's just about taking that first step. 424 00:10:29,440 --> 00:10:30,280 Absolutely. 425 00:10:30,280 --> 00:10:31,720 And this whole deep dive. 426 00:10:31,720 --> 00:10:32,560 Yeah. 427 00:10:32,560 --> 00:10:34,000 It's been about giving you the tools. 428 00:10:34,000 --> 00:10:34,840 The mindset. 429 00:10:34,840 --> 00:10:35,680 To take action. 430 00:10:35,680 --> 00:10:36,600 To make it happen. 431 00:10:36,600 --> 00:10:38,680 That $10,000 a month mark. 432 00:10:38,680 --> 00:10:39,600 It's out there. 433 00:10:39,600 --> 00:10:40,960 It's achievable. 434 00:10:40,960 --> 00:10:41,800 You can do it. 435 00:10:41,800 --> 00:10:43,480 But it takes work. 436 00:10:43,480 --> 00:10:44,320 It does. 437 00:10:44,320 --> 00:10:45,440 It takes dedication. 438 00:10:45,440 --> 00:10:46,880 And a willingness to learn. 439 00:10:46,880 --> 00:10:47,960 To grow. 440 00:10:47,960 --> 00:10:49,040 To adapt. 441 00:10:49,040 --> 00:10:50,520 It's like we've been building a roadmap. 442 00:10:50,520 --> 00:10:51,280 Yeah. 443 00:10:51,280 --> 00:10:52,920 And now it's your turn. 444 00:10:52,920 --> 00:10:54,520 It's your turn to drive. 445 00:10:54,520 --> 00:10:55,440 To take the wheel. 446 00:10:55,440 --> 00:10:56,480 And remember. 447 00:10:56,480 --> 00:10:57,320 Yeah. 448 00:10:57,320 --> 00:10:58,600 It's not just about the money. 449 00:10:58,600 --> 00:10:59,440 No. 450 00:10:59,440 --> 00:11:01,360 It's about building a life. 451 00:11:01,360 --> 00:11:02,440 That you're passionate about. 452 00:11:02,440 --> 00:11:03,920 A life that lights you up. 453 00:11:03,920 --> 00:11:05,920 Where you're constantly learning and growing. 454 00:11:05,920 --> 00:11:07,400 And making a difference. 455 00:11:07,400 --> 00:11:08,240 I don't know about you. 456 00:11:08,240 --> 00:11:09,080 What? 457 00:11:09,080 --> 00:11:09,920 You're inspired. 458 00:11:09,920 --> 00:11:10,760 Me too. 459 00:11:10,760 --> 00:11:11,600 I'm ready to take action. 460 00:11:11,600 --> 00:11:12,560 Yeah, let's do this. 461 00:11:12,560 --> 00:11:13,400 This is awesome. 462 00:11:13,400 --> 00:11:14,240 It is. 463 00:11:14,240 --> 00:11:15,080 I love these deep dives. 464 00:11:15,080 --> 00:11:16,160 It's always so insightful. 465 00:11:16,160 --> 00:11:17,480 It's all about empowering you. 466 00:11:17,480 --> 00:11:18,920 Giving you the knowledge. 467 00:11:18,920 --> 00:11:20,600 To create your own success story. 468 00:11:20,600 --> 00:11:22,480 Because you can do it. 469 00:11:22,480 --> 00:11:23,920 So keep learning. 470 00:11:23,920 --> 00:11:24,880 Keep hustling. 471 00:11:24,880 --> 00:11:26,280 And remember. 472 00:11:26,280 --> 00:11:27,640 Knowledge is power. 473 00:11:27,640 --> 00:11:39,720 That's right.