Here's why life is like a video game.
There are three levels of business.
These are simulation, ascension and full automation.
Your daily to-do lists are kind of like
your side quest and completing your objectives
will allow you to level up.
But how do you know what ideas to focus on
as unlike a video game life doesn't tell you
exactly what you need to do.
We're thrown into a harsh world
full of people pushing their own agendas.
School wants to create workers
forcing kids down a path of university debt.
Also the rich get richer.
After being put through this system,
if we reject the idea of a normal life
we're expected to figure out
entrepreneurship all by ourselves.
No wonder most people are scared
to start a business of their own.
Even when I mention the word business in my videos,
people are put off, but that's how they want you to think.
I've completed the game so I'm gonna outline
exactly how to master the three levels,
assimilation, ascension and automation,
as well to share many business ideas
that you can get started with right away.
Think of this like a video game walkthrough
but for the best game in the world, real life.
However, the difficulty level is about to increase
with the impending recession
so now it's more important than ever
to watch this video and take action now.
Level one, assimilation.
This is the level of the game
where you need to increase your character's power
by assimilating knowledge, developing seed skills,
and making money now,
unlike the Sims your avatar doesn't come
with a ready made six pack.
This is gonna require some dedication.
I'm defining seed skills as anything you can learn to do
that a large market is willing to pay you for in the future.
Many people try to skip this level
but without strong foundations
you can't build a bigger business in the future.
I mean, you wouldn't wanna face Darth Vader
with a paddle wand, it would mean almost certain defeat.
Look, I'm gonna get straight to the point.
Too many people go to university.
Yes. Knowledge is power.
However, unless you want a job at a traditional institution
like becoming a lawyer or a doctor
there's little need to pay for education.
Better yet, as you learn a skill
you should actually be turning it into money.
The number one, objection I hear over and over again
is "I don't have enough money to start a business."
The simple answer to this
is "You don't need much money, just time."
Most people don't like to admit it
but they are extremely time rich
and they could spend it learning a new skill.
However, instead, they decide to chill
and that's okay if you don't want anything more from life.
But the one thing I can't stand is people to complain
about their situation and then take the easy way out
and don't put in the hard work when they need to.
The first step in this marathon
is to look for a skill you want to assimilate.
You need to make sure your skill has a wide enough appeal.
I mean, if I decided to learn the skill of reciting
the seven "Harry Potter" books off by heart
that skill will be pretty useless
when it comes to making money.
Some examples are useful skills are video creation,
coding, negotiation, graphic design, writing,
or even a practical trade like carpentry,
electronics and plumbing, the list just goes on.
For now pick one and master it.
This is gonna take more than reading a bunch of books
or watching a few YouTube videos.
I want you to build
some kind of service based business
around the skill you desire.
See if you can guess what skill I learned
from my first business.
As a kid I bought and sweets toys at school.
I remember buying these big boxes of candy
at the supermarket and working out
how much I need to sell each unit to make a profit.
Of course, the answer is the skill of negotiation.
Another great example of this is my son, Curtis.
He really wanted to learn videography.
So he rented cameras and charged for small jobs
such as filming promotional videos for local businesses.
Slowly he managed to build up a collection
of his own equipment, and as he increased his skills,
he could raise his prices.
There are so many business ideas out there
that allow you to be paid handsomely
for powering up your avatar.
I mean, if you wanna learn coding
then start building websites for clients.
How about physical trades just help out a handyman.
For video editing, do freelance work for an influencer.
And for investing pick up your free stock
worth up to a thousand dollars from public.com
with the link in the description.
So what sets apart, the people who succeed in life?
Well, according to world renowned psychologist,
Angela Lee Duckworth who studied kids and adults
in all kinds of challenging situations,
one characteristic emerged, grit,
and this is exactly how she defined it.
- Grit is passion and perseverance for very long term goals.
Grit is having stamina.
Grit is sticking with your future day in, day out
not just for the week, not just for the month, but for years
and working really hard to make that future a reality.
- When you tie a financial incentive
to your skill assimilation,
it's amazing how much faster you start to progress.
Level two, ascension.
This is the level of the game where you really stand out
from the crowd with a fully customized avatar skin.
Up until this point, you've been one of the many options
for your customers.
It doesn't matter if they're looking for a video editor,
a web coder, a graphic designer, or a salesman,
they'll be comparing all of their options
based on one thing, the price.
This means in all the level one businesses
as you'll always have to be hyper competitive
and ultimately it's a race to the bottom
'cause is there's always someone willing
to work for less than you.
That young lad who still lives at home
creating Minecraft servers
is always gonna be able to undercut you.
That $10 to him is worth so much more than it is to you.
I mean, he'd probably be the richest kid in the playground.
The issue is being seen as a commodity.
In other words, there are lots of different options
and you're comparable to all of them.
The solution to this is to ascend to an expert
in a specific business niche
so that your customers don't see you
as one of the many options, but instead, the only option.
This gives you the ability to charge far higher prices
and build a much more lucrative business.
So the first step is skill stacking.
This is essentially taking all the valuable skills
that you've assimilated in level one
and slotting them together like puzzle pieces.
I mean, Dr. Strange only became the Sorcerer Supreme
after studying many different aspects of the mystic arts
and mastering all of them.
This is something that I actually did subconsciously.
I spent a year working in a radio control model shop
and used my industry specific knowledge,
practical skills for my days as a carpenter's apprentice
and negotiation tactic, to convince customers
to pay me to fix their models in my spare time.
Step two is to start a business
where you're positioned as the expert in your field.
At this stage a whole new set of business ideas
opens up to you, such as becoming a
social media manager, Facebook ads expert, drop shipper,
consultant, influencer, and even a business manager.
Before jumping into one of these,
it's very important to evaluate
firstly what industry has the highest earning potential.
And secondly, what you enjoy the most.
In an ideal world it would be the same answer,
however, I know it doesn't always work that way.
You aren't gonna get anywhere if you hate what you do
so it might be worth taking a perceived cut in income
for more enjoyment because in the long run
your motivation should make up for that loss of money.
These all have an extremely higher earning potential
but are only really achievable by the people
that have a strong stack of seed skills.
Well, I guess that's not entirely true.
Anyone can be a consultant,
however, do you really think you'll get clients
when your only testimonial comes from your mum?
Level three, automation.
You're not gonna use that, are you?
This is the level of the game
when you unlock all of the special moves
and the cheat codes, you no longer have to play
by the same rules as everybody else.
It is true that the rich and powerful
live a completely different life to the average person
and that's because they understand business
in a way that most people don't.
In order for a business to be fully sustainable
you need to be able to replace yourself
this is so that your income doesn't solely rely on you.
It's also important to detach your income from your time.
This is so that you are able to focus on other projects.
Maybe that's living your best life
on a private island or building another business empire.
I mean, if Elon Musk had to be at Tesla 24/7
designing new cars, then he would've missed out
on the entire Dogecoin rally.
On the topic of crypto, if you'd like to get free crypto
whenever you trade over $10 then make sure to use
the code MARKTILBURY when you trade on the FTX app.
The harsh reality is maybe you're technically
running a business in the other levels,
however, what you really have is a profitable job.
The first step towards building
a real business is picking a scalable model.
A business model is defined
as how an organization creates,
delivers and captures value.
The term scalable refers to the ability
to expand the business without being hampered
by its structure or available resources
when faced with increased production.
The best models I found are agencies, joint ventures,
affiliate marketing, software as a service
and your own product range.
Even now you could be thinking
about what business you want to start building towards.
Something I did very early on
when I started my own product range
of radio control models was outlining
exactly what team members I needed.
The second step is to start hiring people
to fill those roles.
Of course, at first you're probably gonna be tight on cash
unless you get a mass amount of funding.
This means that you're gonna be doing everything yourself.
This is where your skill stack comes in very handy,
however, it's not sustainable.
So by slowly handing over responsibilities
you're able to clean your plate and regain your freedom.
You have to stay really focused
as it can be easy to become selfish
and want to hold onto more of the profits for yourself
rather than hiring someone else.
But this just takes away your precious time
that could be spent working on your business not in it.
It's all about looking at the bigger picture
and building the machine that is the business
so you can automate everything.
So I'm gonna leave the next video right up there
but don't click on it just yet.
Make sure to subscribe if you wanna grow your wealth.
Okay? I'll see over there.