Hey everyone, ready for another deep dive?
Today we're tackling something pretty interesting, I think,
and that is wealth and freedom.
We're looking at what it really takes to get both.
And I gotta say, this isn't your typical
get rich quick kind of stuff, our source.
It's a YouTube video by entrepreneur Eman Gadzi.
It's titled, Brutally Honest Truth on How to Get Rich
in 17 Minutes.
Oh yeah, I've seen that one.
Now I know you might be thinking.
I need to video.
Really.
But Gadzi, well, he built his success from nothing.
And his perspective is really insightful, I think,
especially for people like you who value efficiency,
cunning to the chase.
Yeah, he's definitely not afraid to challenge
the typical advice you're here.
Exactly.
So he talks about this idea that he
calls the unicorn complex, which is this belief
that you need some revolutionary, never before seen
idea to be successful.
And it's funny how often we fall into that trap.
But Gadzi, he used some pretty interesting examples
to kind of debunk this whole myth.
Right, like zippers, hangers, boxes, things we use every day.
But don't think about it.
As huge money makers.
It's true.
I never really thought about that.
But those things are everywhere.
They are.
And the truth is, those more boring businesses
can actually be really lucrative.
OK, that's interesting.
Well, why is that?
Why are those boring businesses so successful?
Well, think about it.
They're often like essential services.
They face less competition than some brand new slashy
thing.
And they're easier to model.
You don't need to reinvent the wheel.
Gadzi actually uses the example of YKK, the zipper company.
Oh, yeah.
I've seen that little logo on zippers all the time.
Exactly.
They make over half the zippers in the world.
Crazy, right?
It's wild.
And how do they get there?
They focused on quality, build good relationships
with manufacturers, and became the go-to source
for reliable zippers.
It's a classic example of how a simple, focused approach
can lead to massive success.
So it really does challenge that whole unicorn complex.
Huh, it's not always about the flashy new idea.
Sometimes it's about finding a need
and fulfilling it consistently and reliable.
And this also ties into Gadzi's own experience, too.
His first successful business was an agency,
not exactly glamorous, but it worked.
Yeah, that makes sense.
He built it up, got experience, and then
used that to branch out into other things.
So what does this all mean for someone
listening to this right now?
It's about looking around, observing every day problems,
every day needs, and asking yourself, could I solve that?
Could I build a business around that?
It might not be the next big tech unicorn,
but it could be your ticket to financial freedom.
And that brings us to Gadzi's next point, the trap.
Of being rich but not free, he shares a story
about experiencing burnout even after achieving
financial success.
Yeah, that's so relatable, he talks about.
Constantly working, chasing the next deal,
and ending up feeling trapped, like in a prison
of his own making.
He had money, but he didn't have freedom.
It's a common trap for sure, you think more money
equals more freedom.
But it's not always the case, it really comes down
to how you make that money, and the lifestyle
it allows you to live.
So it's not just about being rich,
it's about being rich, A and D free.
What's the secret?
How can we avoid falling into that trap?
Well, Gadzi says, you need to design a business
and a lifestyle that prioritizes freedom
right from the beginning.
It's about asking yourself, what does freedom
actually look like for me?
What do I want my daily life to look like?
And then, you structure your business around those goals,
not the other way around.
That makes a lot of sense, but easier said than done, right?
A lot of people feel like, they need to grind for years
before they can even start to think about freedom.
Right, and that's where Gadzi's third secret comes in.
He calls it the $10,000 month freedom blueprint.
And this is where things get really interesting,
because he argues that you don't need to be a millionaire
to be free.
Okay.
He says that $10,000 per month can be enough
if you focus on how you're making that money
rather than how much you're making.
Okay, I'm listening.
How can $10,000 a month be enough to live a life of freedom?
He gives this great comparison.
Between an investment banker earning $500,000 a year
and a small business owner making $100,000 a year.
On the surface, the banker seems way richer, right?
Oh yeah, for sure.
Five times richer.
Exactly.
But the difference is, the small business owner,
if they've set things up well, they probably have,
way more time freedom and flexibility,
they can choose their own hours,
work from anywhere, take more time off,
without needing to ask permission from a boss.
Whereas the investment banker, yeah, they're making bank,
but they're probably tied to a super demanding job
with long hours and not much vacation time.
So it's like a trade off then, more money,
but less control over your time.
Exactly.
Making less money overall,
but actually have a better quality of life.
Exactly.
And this isn't just a theory.
God's actually experienced this himself.
He says that he felt truly happy and fulfilled
when he was making around $10,000 a month.
Because it gave him the freedom to live life
on his own terms.
He could travel, pursue his passions,
spend time with people he cared about,
things that he just couldn't do
when he was laser focused on,
making as much money as possible.
It's a good reminder that wealth isn't just about
how much money you have.
It's about the freedom and experiences
that money can give you.
Okay, so how do we actually put this?
$10,000 a month freedom blueprint into action.
What kind of businesses or income streams
actually fit into this idea?
That's a great question.
And this is where Gadzie gets really practical.
He actually talks about a few different business models
that can offer both flexibility and good income potential.
Okay, like what?
Well, for starters,
he's a huge fan of online businesses.
Things like e-commerce, digital marketing,
online courses, you know?
These are all businesses that you can run
from anywhere in the world.
Just with a laptop and internet,
you're not tied to a specific location.
And you can really scale your income.
Yeah, I can see how that would fit
with the whole freedom blueprint.
What else?
Freelancing is another good option.
If you have skills in, writing, design, programming,
or really anything else that's in demand,
you can offer your service as a freelancer
and work with clients from all over.
You get to choose your projects.
Set your own rates.
And build a business.
That fits your lifestyle.
So it's all about using your skills and the internet
to create a business that gives you
both income and freedom.
Exactly, and it's not just about these big categories.
There are so many niche businesses
that can work with this.
$10,000 a month freedom blueprint.
Like what?
Give me some examples.
Okay, let's say you're really passionate about
sustainable living.
You can start an online store,
selling eco-friendly products.
You could create a blog or a YouTube channel,
sharing tips about reducing your environmental impact.
Or you could even offer consulting services to businesses
that want to become more sustainable.
Or maybe you love fitness.
You could become an online personal trainer,
create workout programs, or build a community.
Around some specific type of fitness,
there are endless possibilities.
So it's about finding that sweet spot
where your passions and your skills
meet a need in the market.
Exactly, and honestly, I think
we forget about that a lot.
When we're thinking about getting rich,
we get so focused on the money that we forget to ask,
what do we really enjoy doing,
and how can we turn that into a business?
It's not just about the money then,
it's about the meaning and purpose
behind the work you do.
Absolutely, and Ghanzi doesn't just
throw these ideas out there.
He actually gives you a framework
for how to think about building a business
that works with that $10,000 a month freedom blueprint
he talks about.
Identifying your ideal lifestyle,
choosing a business model that fits that,
and focusing on, providing real value to your customers.
It's a really practical approach.
I like that, it's not just about dreaming of freedom,
it's about actually taking steps to build it.
Exactly, and that's what makes
Ghanzi's message so compelling.
He's not just a motivational speaker,
he's an entrepreneur who's actually done it.
He's built successful businesses,
achieved financial freedom, and now he's sharing
what he's learned.
It's inspiring, it gives you that feeling that,
hey, maybe I can actually achieve this too.
Wow, this has been a really fascinating deep dive,
it really makes you think differently
about wealth and success.
It does, I think the main takeaway here is that,
it's not just about reaching some random financial goal,
it's about designing a life
that gives you security, A and D freedom.
Yeah, for sure, so let's recap what we learned from
Imon Ghanzi's video.
Brutally honest truth on how to get rich,
first, we debunk the whole unicorn complex.
You know that myth?
That you need some groundbreaking idea
to be successful sometimes.
The most boring businesses,
like those things we use every day,
but don't really think about,
those can be the ones that bring in the big bucks.
Well, like we talked about before, YKK and those zippers,
they just focused on making a great product,
building good relationships and meeting a need,
and now look at them, they're everywhere, it's amazing.
Okay, then we talked about the trap of being rich
but not free, I think that's something
a lot of us can relate to, especially entrepreneurs,
it's easy to get caught up in working all the time
and chasing money that we forget,
to think about our own well-being and freedom.
Yeah, and I think that's why Ghanzi's story is so important,
he was successful, but he was burned out and unhappy.
It was only when he shifted his focus
from just making money to creating a lifestyle
that he loved, that he actually felt fulfilled.
And that's what led him to the $10,000 month
freedom blueprint, you don't have to be a millionaire
to live a life of freedom.
It's about structuring your income
in a way that gives you security and flexibility.
Exactly, so it's about choosing businesses
or income streams that fit with your values, your passions,
and how you wanna live your life.
Whether that's an online business, relancing,
or something super niche, there's so many options.
It's pretty inspiring, honestly, it shows you that.
Wealth and freedom aren't about following
some strict rules, it's about creating a life
that works for you.
As we wrap up, I wanna leave you with a question
that Gadzie asks in his video.
If you could design your ideal lifestyle
with $10,000 a month, what would that look like?
What kind of business or income would give you the freedom
to live that life?
Think about that, really let it sink in.
You might be surprised at what you come up with.
This deep dive has given me a lot to think about,
and I hope it's done the same for you.
Until next time, keep exploring, keep learning,
and keep diving deep.