Daily Meeting - Personal Finance 26: Creating Assets

• Stay in the plane
• You can’t fly without turbulence
• The only way you die in turbulence is if you jump out the plane

What is The Law Of Compensation? | Bob Proctor

https://www.youtube.com/watch?v=5sdKmM3s788 

The Law of Compensation

• The amount of money is always going to be in exact ratio of

1. The need for what you do
2. Your ability to do it
3. The difficulty there is in replacing you

$10,000/Month

• Bending time is your issue
• Time collapsing is your issue
• If you can make $10,000 in a month, you can make $10,000 in a day
• In life, you get who you are, not what you know
• There’s only one way to become a millionaire
• Step 1: You must have a product
• Your product must be worth $100,000/month
• Step 2: You must have business systems
• Step 3: You must serve people
• You can tell how many people a neighborhood serves by the quality of that neighborhood
• Rich people are quick to make decisions and slow to change their mind
• Poor people are slow to make decisions and quick to change their mind

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