I dont believe in eating all my yearly profits and income. That’s like the apple farmer selling every single apple tree – it’d make more sense to sell the apples for money, and take the seeds of the best 20% of apples to plant better and better apple trees.
In the same vein, I take every dollar that I save from my businesses and investments as an employee, and as my employee, I have just one job for them: to work harder and harder for me to produce more money.
That $1 needs to either earn
- or double to $1
every, single year, year in, year out.
Let’s relook at that again.
- $1 making $0.05 = 5% returns
- $1 making $0.15 = 15% returns
- $1 doubling to $2 = 100% returns
At scale, say for example $100,000
- 5% returns is $5,000 + original $100,000
- 15% returns is $15,000 + original $100,000
- 100% return is $100,000 + original $100,000
And I hadnt even touched on reinvesting the returns, which will make my mind go blurry mad with excitement.
I’m the founder and writer here at NigelChua.com; as well as serial entrepreneur, therapy business entrepreneur, digital entrepreneur, investor and also happy husband, father and Christian.
Started and sold off a business for 7-figures; built another 7-figure one and growing it further, plus building/investing into other businesses and investments as well as advisory works.
Nowadays I share and teach entrepreneurship, financial independence, retiring early as well as building and living a life you love.
Where To Next?
- Subscribe to my newsletter – no spam and just my best stuff. Unsubscribe anytime.
- Go to Homepage of nigelchua.com
- If you like videos, head to All Videos – all the latest (and all) videos are uploaded there.
- Visit the Blog to read the latest articles and videos.
- Head over my Resources page to the products and services I use to improve business, relationships, health and more.
- I recommend everyone to learn to start an online business for so many reasons: low cost, valuable skill (marketing), potential for passive income, it works 24/7 for you and no income ceiling. There's a free membership at this platform which I'd been part of since 2015 and it's where I learnt how to earn my first $100 online. See you on the inside.