The Tim Stodz Podcast

Climbing the Wealth Ladder

04.04.2024 - By Tim StoddartPlay

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In this video, I discuss the concept of the wealth ladder and its importance in my journey of adding new sources of income and creating businesses. I encourage viewers to read an article on the wealth ladder by Nathan Berry. I explain the five stages of the wealth ladder, from freelancing to investing, and share examples of businesses at each stage. I emphasize the benefits of productizing services and selling digital products. Finally, I touch on the power of investing and the potential for exponential growth.

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00:00 Introduction

02:01 First Stage: Freelancing

06:53 Third Stage: Selling Products

12:48 Fourth Stage: Investing

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