Here's why your opportunity to get rich now is ending.
There are five stages to becoming rich.
I call these trapped, launching, gaining momentum,
high earth orbit, and goat.
Together, they make up the Strike it Big Journey.
With the economy on the brink of crisis
there has never been a better time to go
from higher earth orbit to goat level,
where you can do anything you like at a drop of a hat,
like book spontaneous trips abroad whenever you wish,
But this window of opportunity will close
within the next one to three years.
So, how can you get to this stage before time runs out?
Well, as you can probably tell from my hair color,
I've been through all of this before,
and I can assure you that every stage requires you
to master a certain set of skills.
Because the clock is ticking
and everything is working against you,
I've decided to make this video so that you know
exactly what you need to do before it's too late.
I'm also gonna share something
with you that goats understand,
but most people are oblivious to.
Hi, guys, it's Mark.
So, I've got some bad news.
Life is designed to trap you.
Yep, the reason you feel like you've been thrown
into the deep end without any preparation, or guidance,
is because that's exactly what's happened.
The system knows that your time is limited,
and if they can confuse you just enough
to take your eye off the ball,
then they can turn you into one of their debt slaves.
A debt slave is someone that works a dead end job
in order to pay their bills, and maybe even a mortgage,
if they're lucky.
Their existence is purely focused on making the rich
and powerful, even more wealthy.
The national debt clock is sitting
at around 30 trillion dollars and increasing by the second.
If that doesn't prove that our society is built on debt,
then I don't know what will.
You may think I'm exaggerating.
However, currently 58% of Americans are living paycheck
to paycheck, and as time passes,
I can only see this increasing.
The powerful and elite have actually outlined their plan
in broad daylight and called this the great reset.
You've probably heard the famous phrase,
you will own nothing and be happy.
Well, this comes directly from the world economic forum.
They predict a world where people will no longer
own the things they use in everyday life.
Imagine the government owning your home,
and when you go on a trip away
they just let someone else move in and use your space.
This will be the death of ownership, and therefore,
it will be almost impossible to escape society's trap.
That's just a harsh reality we are facing.
The trap is a combination of lies,
financial barriers, and forced beliefs.
Let me explain.
You may have heard the saying,
"money doesn't make you happy."
This is one of the biggest lies of all time.
It was created by the rich and powerful
in order to control the poor.
They then pretend to have your back with state pensions.
Also, you start believing being wealthy
doesn't matter that much.
However, the average pension in the USA sits
at roughly $13,000 and in the UK is 21,000 pounds per year.
Now, I don't know about you, but that sounds
like a pretty miserable future to look forward to.
Money grants you freedom and freedom leads to happiness.
Trust me, I'd know.
I've never met anyone that actually enjoys
being controlled by society.
It's just not in our nature.
The rich will keep getting richer.
It's inevitable.
So, why not join them?
To remove the chains, holding you back,
you need to make the decision to do what is right,
not what is easy.
This means not spending all your money
on bills and luxuries, and instead build up
some cash reserves and pay off any high interest debt.
If that means living somewhere cheaper
or saying no to the latest drip for a brief period of time,
then you have to make the short term sacrifice.
This goes against every instinct we have,
as now, more than ever, people value
short term gratification over bigger rewards in the future.
However, if you can fight these urges,
then you will build up a nice cash reserve.
When you have money put by, you have options
and you can launch your rocket.
Now, you're launching.
You have a completely new set of issues.
If you think about it, this makes sense,
as when a rocket is stationary, the only force
holding it back is the surrounding scaffolding.
However, when it starts flying,
it's met with intense pressure and gravitational pull.
This is exactly what you are about to experience.
More than 50% of people don't even get to this stage,
which means this is when you might start
to see the differences between you and your friends.
They might not be worried about these following issues,
but that makes sense, as they're not
on the same mission to become wealthy.
The first problem you'll encounter is inflation.
This is the increase in prices and the fall
in the purchasing power of our money.
It's kind of like the buildup
of heat on the outside of the rocket.
If you don't regulate the temperature,
then it could cause your mission to end
in a big ball of flames.
Inflation is constant and very apparent at the moment.
In the USA, the last CPI figure stated it was 8.3%,
and in the UK, more than 9%,
which is a 40 year high, but many people including myself,
believe that it's actually much higher,
as these figures can be heavily manipulated.
This is the reason in the 1940s the average home
was just $3,000, but today it costs 375,000.
This is only gonna get worse because during the pandemic
the governments all around the world printed
an unprecedented amount of money.
I'm worried that in a couple of years time, the heat
of inflation will become too much for many people to bear.
In addition to this, 70% of Americans think
a recession is coming.
This is defined as a significant economic decline
that lasts more than a few months.
I'm noticing a fall in sales in my businesses,
which is leading me to cut marketing spending
in certain areas and improve the efficiency of my team,
by letting a few people go.
This impending recession could restrict your money supply.
This is your fuel, and as you can imagine,
if you ran out, it would be a disaster.
You're also gonna face haters that wanna pull you back down.
Many people believe they can't become rich,
as it's too hard.
They've given up and want you to do the same.
If you end up achieving what they haven't,
then they have to face the harsh reality
that they missed their shot.
To weather the intense pressure and gravitational pull,
you need to start investing.
Damien Talks Money, put this brilliantly in the Strike
it Big episode, which is out on Friday, the 15th of July.
- Have you ever played like Gran Turismo
or like a racing game where you've got a ghost car?
Inflation is that ghost car,
and if you've got your money in a bank account
you're just sat still.
You need something that can outpace inflation.
- Starting investing may seem very daunting.
That is understandable, and we've all been there.
At this stage, I would focus on investing
a consistent monthly amount into an index fund,
like the S&P 500, which has historically returned 8%
per year and beat inflation.
There's very little you need to learn
in order to be confident with an investment like this,
as it's almost set it and forget it.
I mean, if you can put in $200 per month,
an 8% average yearly return over the next 45 years,
you'll have over a million dollars.
And the amount you put in will be only just over
a hundred thousand dollars.
Now, that's a lot of compound interest.
If you are gonna start investing,
then you might as well get a free stock slice worth
between three and a thousand dollars
if you're in the USA from public.com.
I'll leave the link in the description below.
I'll also look for some free stock deals
for people outside the USA,
and if I find any, then they'll be linked below as well.
Just remember, only invest what you can afford
to go without, and don't starve yourself of cash,
as there is a lot we need to do in the next stage.
Now, you're starting to gain some real momentum,
but what got you here won't be enough
to carry you to the next stage.
Well, unless you wanna become a millionaire when you're old.
This is the time to push.
You need to make it out of the gravitational pull completely
so that you can really start to take advantage
of the current opportunities,
as they're not gonna be here forever.
At this stage, there are three Cs that I focused
on that increase my momentum dramatically.
These are cash flow, connections, and confidence.
Let's start with cash flow.
You need a constant supply of money coming
into your bank account, so that you are able
to use it to make more money.
You can't play chess without the pieces
and cash is your pawns.
The best way to do this is to start a business
that instantly generates cash.
I'm not talking about the business that's gonna go
on to make you a billionaire.
That could take years of investments
to break a profit.
You need something that puts money in your pocket right now.
Usually, this is a business that provides
a valuable service.
Now, this might not be highly scalable.
However, that doesn't matter right now.
All you need to focus on is bringing cash in the door.
Now, for connections.
It's so important to surround yourself
with the right people, as they can have
a huge impact on your momentum.
It's no accident that my best friend
also built a multimillion dollar business
by talking to like-minded people it can open your eyes
to new opportunities and also motivate you to push harder.
The last C is confidence.
This is the one most people lack.
The problem with lacking confidence in your own abilities
is that it prevents you from going out on a limb
and taking calculated risks.
Life is kind of like a game of snakes and ladders.
You never win the game by taking one step at a time.
You need to find the ladders in a sea of snakes.
High earth orbit is a stage you need to reach
within the next one to three years.
Well, that's, if you want to take advantage
of the closing opportunity to become rich.
Now, it's about time, I actually told you why
this is only a brief window of opportunity.
As I've previously mentioned,
we are almost likely heading into a recession.
We're also seeing asset prices fall
like crazy from their peaks.
You just need to be in a position to take advantage
of this huge sell that's happening.
That's exactly why reaching high earth orbit
as soon as possible is so important.
As you'll be able to look down on all these cheap assets,
start buying them up.
Many people get to this level and then waste a huge amount
of their money, buying their own home.
Let me make one thing very clear.
Your home isn't a good investment.
It's a liability.
Your home's primary purpose is providing you
somewhere to live and does not yield any sort of income.
It also takes money out of your pocket every month
for bills and maintenance.
Looking at your home like an investment
will only negatively impact you in later life,
and let's be real.
No one wants to sell their house when they retire.
You want to be able to retire comfortably
and live out the rest of your days
in the dream home that you purchased.
House appreciation will only positively impact your kids,
should they decide to sell once you pass.
The first stages were all about hustling.
However, now, your approach has to change
to a more calculated one.
This is kind of like docking at a space station.
You can't just aggressively accelerate.
You need to strategically guide it in
with smart jets of propulsion.
Remember, little moves, generate huge results,
especially now you are free
of that nasty gravitational pull.
Now, there are two different ways to move forward from here.
One is high conviction plays,
and the other is diversification.
The one you choose will entirely depend
on your risk tolerance.
You'll hear YouTubers, including myself, banging on about
the importance of building a diversified portfolio,
as it's a great way to protect your wealth.
However, the issue is, it takes much longer
to become wealthy when you spread yourself thinly.
Many of the top billionaires put all their eggs into one
or two baskets that they have an extensive background in.
This could be your own unicorn business, individual stocks,
cryptocurrency, or alternative investments, like watches.
If you do invest in crypto, even just a little bit,
then make sure you are paying as few fees as possible.
There are lots of good platforms out there.
However, I use FTX, as they're 85% cheaper
than the closest competitors.
You can sign up on your own, but if you are interested
in getting free crypto on every trade over $10,
then feel free to use the link in the description.
So, now, you have a big decision to make.
Are you gonna go the safer, slower way of diversification?
Or the riskier faster way of high conviction plays?
Once you've reached over a million dollars in net worth,
you are officially a goat.
I like to imagine this like docking
at the Elysium Space Station, a paradise.
There is everything you can imagine here
and you're able to do anything you want
without worrying about money.
You can begin living the life broke you always dreamed of.
The passive income is rolling in.
Your investments are on the rise,
giving you a strong sense of wealth.
Maybe, just maybe, you'll feel too big to fail.
But as one secret long term goats know
that I'm about to share with you,
and that is the importance of community.
The world's richest people, I'm talking
Elon Musk, Jeff Bezos, and whoever else brings
to mind, all have a network that contribute
to their net worth.
I mean, you really think Elon Musk is waking up
and grabbing a fast food breakfast
with his old school friends.
Of course he's not because they never made it.
Connecting with people who are at or above your level
is so important when on a pursuit of wealth,
power and freedom
This same rule applies for when you're
at any stage on the Strike It Big Journey.
There is always someone just ahead
of you that can offer you a helping hand.
The outpouring of support from my community
when I had my accident was overwhelming,
and I wanted you guys to be able to interact
and help each other.
That's why I've recently created a free discord community
and people are absolutely loving it.
The individuals in this community are like-minded people
that want to reach goat tier, as soon as humanly possible.
I'm also jumping in there regularly with my son, Curtis,
and the rest of the team, which gives you exclusive access
to successful, young entrepreneurs to take your calls
and answer your questions directly.
Everything we do is community focused.
So, if you have any suggestions,
then I'm more than happy to hear your thoughts.
This could easily be the most powerful network you join.
I'll leave a link in the description if you're interested.
Again, it's completely free of charge.
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 you over there.