Apr 04 2024 16 mins
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.
Sign up for my newsletter at https://www.timstodz.com 00:00 Introduction
02:01 First Stage: Freelancing
06:53 Third Stage: Selling Products
12:48 Fourth Stage: Investing