Equity over Income.

Think Long Term...

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Some would say: “They don't know what we do” and I agree, Threads the “overhyped” Twitter rival reported a low percentage of active users in the past few weeks. we guess Elon had this all planned out before it even started, because Twitter announces it's new policy of paying creators shares of their ads revenue. who would win this battle for attention?… We're curious as you are.

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In today's briefing, we've got you covered in just 2 minutes ⏱️ Here's what to expect:

1️⃣ Long-term Is what to think in business

Topic Of The Day

One thing I've noticed is that many info-marketers and business owners tend to overlook the importance of equity in their ventures.

It's like they don't really think about it until much later in the game, usually when they start considering how to get out of the business.

If you ever talk to an info marketer or a business owner, you'll often hear them talk about their recent achievements in terms of income numbers.

like how much revenue they made, how many products they sold, or the dollars per customer.

It's kind of similar to a restaurant owner telling you about how many tables they served over the weekend.

But here's the thing, we need to change that mindset.

I always encourage people to start thinking about both present and future gains every single day.

And it's not just about the money you make now; it's also about building future equity.

Let's take the restaurant example again.

If they collect some basic information from every customer, like their name, address, email, and birthdate, they can do wonders for their future business.

By knowing their customers' birthdates, they can offer special promotions during their birthday week and increase the chances of repeat business.

And you know what's cool? Direct mail campaigns with such personalization often get a fantastic response rate.

So they're not just making money in the present; they're investing in future business growth.

The key here is to think long-term and create mechanisms that contribute to both present and future bank assets.

So, if you're speaking and selling from a stage or running a business, focus on building lasting relationships with your customers.

It's not just about making quick bucks; it's about nurturing a loyal customer base that will keep coming back for more.

By the way, did you know that there's a big difference between having a real business and just relying on occasional income events?

A real business has multiple income streams, strong branding, and licensing opportunities.

Take Disney, for example; they're not just about their latest hit movie.

They have a diverse portfolio of businesses that generate revenue from various sources.

So, my friend, I urge you to think beyond the immediate income and start building for the future.

Let's create a business that's not only profitable now but also valuable in the long run.

With the right mindset and strategic approach, you can become a true Renegade Millionaire who stands out from the crowd.

Let's do this!

That's all for today. See you on Wednesday, and until then, keep growing and thriving!

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