Satish Goel — CEO

[27/07, 9:12 am] Satish Goel: We're living in the most affluent economy in decades. Yet millions of people are still living from paycheck to paycheck, working longer and longer hours just to stay even. WHY? Because they bought into the wrong plan! They've fallen for the Time - for - Money Trap. You know, a day's work for a day's pay. A month's work for a month's pay. Sound familiar? Whether you're a 1 lac a year dishwasher or a 1 cr a year doctor, you're still trading one unit of time for one unit of money. You're still living paycheck to paycheck, As for " job security " - if you can't do the work because of layoffs. . . Injury. . . Illness. . . . . Or retirement - the paychecks stop? WHERE'S the security in that? How do you escape the Time - for - Money Trap? By building pipelines of ongoing, residual income. With residual income, you do the work once and get paid over and over again. And transfer to the next generation. Pipeline keep pumping day after day, year after year, whether you're there to do the work or not. NOW, that's security - TRUE FINANCIAL SECURITY OR ASSET BASED INCOME. This is the biggest problem with having a job. A job is not an asset. You can't sell it on eBay, you can't rent it out, you can't take dividends from it. Why spend decades, the best years of your life, working away to build something that is not an asset? Or to put it more accurately, to build someone else's asset, but not your own? Because make no mistake about it. When you work at a job, you are building an asset - it's just not your asset. We've had this idea drilled into us that there is some sort of inherent value in having a good job, but there is absolutely no value in it - Zero, And to add insult to injury, the income from your job is then taxed at a higher rate then any other form of income. Talk about the deck being stacked against you. Yet that is the price some people are willing to pay for the " safety and security " of the employees quadrant.

Stackforce AI infers this person is a Health and Wellness advocate with a focus on financial independence.

Location: Delhi, India

Experience: 0 mo