Your Path to Wealth

1. Start

2. Choose Your Path

• Choose Investing and/or Entrepreneurship as the cornerstones of your path to wealth.
• Know what to focus on (Investing/Entrepreneurship).

3. Develop Your “Zone of Genius”

• “Zone of Genius” = Intersection of your talents, passions, and the value you’re able to provide to society.
• Both in your job or as an entrepreneur, developing your “zone of genius” and operating in it as much as possible is crucial.
• Because in it you provide the maximum amount of unique value to society.
• How much value you bring to society, determines how wealthy you can get.
• It’s also essential for your happiness and fulfillment in life 🧘

4. Execute

• Don’t overwhelm yourself. Break down the necessary steps on each path into achievable subunits - lump and slice 🔪 (how?).
• Win without talent or luck (how?).

5. Hold Course & Let Compounding Work

“Play iterated games. All returns in life, whether in wealth, relationships, or knowledge, come from compound interest.” - Naval Ravikant

6. Build Generational Wealth & Give Back

• If you have children, teach them the foundations of wealth creation 👪
• Be a role model in all aspects regarding wealth creation.
• Teach them the importance of personal growth & life-long learning.
• Have open conversations about money.
• Teach your children about managing and investing money wisely.
• Give back 🤝
• Even though it might not feel this way, success on each path doesn’t solely depend on you.
• Success on your wealth journey often depends on many factors that are dependent on other people and/or are influenced by luck or your circumstances.
• Sharing the fruits of your wealth creation with others in need and helping others along the way is a decent way to appreciate this fact. Give back.