I read <The Overtaking Lane of Wealth>, a financial technology book that recorded 75 printings in Korea alone. It is a book that has a lot of references around, but there were many reviews that said it was obvious. In times like these, reading is very careful. TV is a typical example of wasting time, but reading often feels that way to me. In conclusion, I recommend reading it.
Keep a record of concise comments.
- overall rating
- A basic financial technique that is good for lightly skimming through the underlined contents once every 2-3 years. Although there are few skills or skills, this book stands out for realistic values of money and advice for professionals.
- It can also be read very quickly. It took me about 2 hours to read and underline the e-book. I read it for free because I subscribed to Kyobo Bookstore Sam Premium.
- It was very similar to what I usually think of, so I felt a sense of identity. Especially this part. The content of the book is not the content of the book. I put together the thoughts I agreed with in my own words.
- If your main source of income is your job, it is difficult to create wealth beyond poverty. It's not just economic freedom. It's hard to have control over your life or achieve your own great achievements. if you are an employee. So I've been speaking on YouTube for 3 years. It's not about preparing and leaving. Then you can't live forever. Preparation is an illusion. Ready to retire soon Only then can you see your path and feel the need for the system.
- The vicious cycle of lifestyle creating debt and having to work because of itshould be cut off In other words, you have to live simply and have an independent income pipeline other than your salary. This is in line with the tradition of the humanities, from Socrates and Montaigne to Henry David Thoreau. I don't work because I need to, but I shouldn't work for debt (to maintain the weekly eating out ritual, to pay the installment on the car I bought). This is also brilliantly illustrated in Thoreau's Walden.
- Employees are a losing business in the long run. “Office workers are making the wrong trade to buy 2 days of freedom by selling 5 days of life.” Moreover, wealth growth is impossible because income cannot be controlled.
- “The main thing in the fast lane of wealth is the business you own.”
- Become a content creator, become a freelancer, or start a business. video reference.
- You should be a producer, not a consumer. To be on the producer side, you have to be an entrepreneur and an innovator.
- In the book, it is written as if it is a secret law, but in any sales strategy, it is the basics of business (<The secret recipe for my younger days>, mah writer) 👉 To increase the sales of your business 1) Increase the number of sales or customers 2) Increase the quantity and number of purchases by one person 3) Raise the price per unit purchased by one person.
- Like the author, I also prefer the Internet system. Because it costs very little money.
- It was nice to scratch the part that I'm worried about right now. The question is, “Is the business automated and systemized enough to run without me?” Although there is enough profit to hire human resources, it is still running by human resources, and it is not organized enough to automatically work without me. To this end, diversifying business models Plan to be in 2023did. It plans to use its own content or platform to automatically replicate and strengthen revenue sources that can be sold.
- I was able to think about what I wanted to look like. I am not very interested in being rich for the sake of wealth itself. An explanation like “the ability to travel for three months a year” mentioned in the book touched me. If I could write like a monk in the woods for three months a year....
- The fact that the author is faithful to the principles rather than the way to get rich made the book positive. “Think of ways you can use your talents to help others.” This is also something I always advise.
