The Daily Mastery Podcast by Robin Sharma

A Fortune-Building Lesson From Billionaires

Robin Sharma Season 1 Episode 1095

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0:00 | 2:38

Robin Sharma shares a potent fortune-building lesson he’s learned from mentoring billionaires, financiers, and titans of industry for over 26 years. Learn exactly how financial masters preserve AND scale their wealth [even in times of turbulence].

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Make your money work for you. When I mentor the billionaires, they are always thinking not only about making money, but making their money work for them. I better repeat that again, because it's so mission essential for you to get to your personal Mount Everest financially. You don't just wanna work for your money. You want your money to be working for you while you are sleeping. So they... invest in equities, for example, or they do private equity, or they get involved with projects where their money will grow and compound, and often they get involved with projects where their money will grow exponentially. But the main idea is don't just work for your money, like a salary or an income. Really start asking yourself, how can I make this money that I am making? work for me so it continues to grow and grow and grow. Did you know that at 10% money doubles in approximately seven years? And did you know at 10% money quadruples in 20 years? That's how the billionaires think.