Once You Understand This -EVERYTHING Changes (Part 1 of 5)
Hey,
Thank you for landing on this blog post.
The fact that you are here tells me 2 things:
1. That you are serious about building REAL wealth and having TOTAL freedom
2. That you’re eager to learn.
So I’m here to help.
Looking back over my 12 year career there are a few very difficult, and very important lessons I had to learn the hard way but mastering them is what finally allowed me to create real and lasting freedom.
Now that I have mastered those lessons, I am now financially free.
I don’t really need to work to support my lifestyle, I can travel the world whenever I like and I can live anywhere I want to.
So starting right now, I’m going to share them with you…
Once you understand this lesson, everything changes…
Before we go any further, I would like to make a strange and thought-provoking claim:
If you read my blog posts and put into action everything I teach you, you will become financially free in 3-5 years, even if you are broke right now and know absolutely nothing about money.
And when I say “financially free”, I mean your monthly passive income (income you don’t work for) will be greater than your monthly expenses so that you won’t have to rely on your job anymore.
I know this is a pretty massive claim.
And I know it might sound too good to be true.
But it isn’t and by the time you reach the end of this email, you will understand why.
For the next 10 days, I will send you 10 more emails, each with a lesson that is very carefully guarded by the wealthy elite of the world…
But I feel I am getting ahead of myself.
Let me first tell you why you should be listening to me in the first place.
My name is Yasir Khan.
I live in Toronto, Canada and I have been an entrepreneur and investor since 2008.
If you are active in the online marketing community, you probably know who I am.
I have generated over $2.5 million the last 10 years mainly through passive income sources (online businesses, dividend stocks, rental real estate), all from the comfort of my home.
But I know this is the internet where anyone can make any kind of claim they like so I wanted to show you proof of income.Here are 2 rent checks, for March and April 2019, from a tenant living in one of my properties:
This is the bank deposit wired to me by my lawyer for an investment property in Oshawa, Canada that I bought, rented out and sold after a year. Around $154,000 of this amount is pure profit:
This is a screenshot of another investment property I bought and kept for 2 years and then sold for a $135,000 in profit. I used the proceeds to buy a bigger property which is showing me better returns:
This is a screenshot of the dividend payments coming into my Questrade brokerage account in 2018 (there are too many to show). I am invested in Enbridge, Canadian Utilities and Corus Entertainment (among others). I received over $7,350 in dividends in 2018. I know this isn’t much, but remember, this is THE definition of passive income – you don’t have to do anything to earn it:
Here is another screenshot for more dividends coming into my brokerage account like clockwork:
Here’s a Paypal payment coming in for USD 2,000 every month from one of my online businesses (Quantum SEO Labs) in 2013. This client has paid my company $46,000 on auto-pilot since he started with us – my team does all the work, I don’t:
Finally, here is a physical check that gets sent to me every single month from Tables N Chairs, which is an online furniture retailer based out of Texas. The owner of the company is a great guy:
I can show you many more screenshots but time (and the length of this email) does not permit me to do so.
As you can probably already guess, all of these are examples of “passive income” – income which either comes in without you doing any work, or income which needs just a little bit of “maintenance” every week.
Over the years, I have put a level of effort into mastering a skill that 97% of people in the world never will, and it has frankly become my superpower.
But let me tell you, I didn’t start out that way.
On July 3, 2006 I was sitting outside my condo in Toronto with only $2.30 in my pocket.
I was desperate and anxious.
I remember thinking, “Should I use this money to eat something or save it and make it last?” (I was really hungry)
I had just been let go from my cashier job at a Pizzeria at York University.
The sad part was that I had applied to 50+ different jobs to get this cashier job and it lasted for a grand total of…
3 days.
Yes, you read that right.
I still remember the feeling of dread that used to come over me when I thought of applying for another job…
It was at that moment, sitting on the curb, hungry and desperate, watching the traffic go by, that I made a decision.
A decision which I have never regretted… ever…
The decision to stop selling myself out for a couple of bucks per hour and instead, figuring out how “money” actually works so I could be finally wealthy.
And I did it…
I worked 10-12 hours a day while studying for my Bachelors.
And I became a successful entrepreneur and investor.
Now, if you recall, my email course is on becoming wealthy and financial free and not on entrepreneurship.
So why did I mention that I am an entrepreneur?
And most importantly: Do you need to be an entrepreneur to build real, life-long wealth and a life of freedom?
The simple answer is “Absolutely not”.
However, if you decide to go down that path, you will reach your goal faster.
That reminds me, people around the world keep asking me, “Yasir, why is financial freedom so important that you keep harping about it everyday”?
They argue that if they have a decent job, they are getting a paycheck every 2 weeks.
And if they love their work, they are getting paid to do what they love.
Which technically means that their work isn’t really “work” – their work is their passion.
And I agree with them.
But I also tell them one simple thing:
They should be not be working for a paycheck.
They should be working because they want to work, and they should be happy to do the work even if it didn’t pay them a dime.
See, the problem plaguing the world is that 97% of people are forced into “auctioning away” 40-50 years of their lives to the highest bidder because they need to put food on the table and pay the bills.
It definitely isn’t because they’re thrilled to do so.
In other words, their job is an absolute necessity and not an option.
Financial freedom and wealth, on the other hand, is about having a LOT of options.
If you think about it, people who are truly wealthy have no shortage of options.
Sure, they have money.
But just by itself, money can’t get you a lot.
You can’t eat money.
But you do eat the food it buys and enjoy the things it can get you.
If you think about it, Warren Buffett ($84 billion) and Mark Zuckerberg ($69 billion) are admired for their immense wealth as well as their unique lifestyle.
This is because while money doesn’t solve all problems, it does solve most of them.
And if you act on what I teach you, money will never be an issue for you again.
You will be able to earn more than you can imagine, and your yearly income will turn into your monthly income if you push hard enough.
But for that to happen, you have to first unlearn what society has taught you.
What do I mean by that?
See, most of us have been hopelessly “programmed” to think along these lines…
Study hard, get a high-paying job, work for 40 years, retire at 65 and live happily ever after.
This is bad advice.
Why?
Because when you have a job, you are trading time for money.
You are also making someone else (very) rich at your expense.
The saddest part is that you can work at a job till the age of 70 (or 80 – my dad’s elder brother is doing it) and still not have enough to live your last days on.
So my advice to you right now would be to understand that trading time for money is never a good way of becoming wealthy or having a fulfilling life.
Now, please don’t get upset if you work 9-5. I am not saying that you should quit your job. I am humbly recommending that you should actively start looking into avenues which generate consistent income for you without you “working” for it.
See, if you look closely into the lives of truly wealthy people, you will see that they own assets which generate passive income for them, 24/7.
And then they hire others to manage those assets.
The honest-to-God truth is that TRULY wealthy people almost never work 9-5, unless they really, really love what they are doing.
It is the middle class and the poor who are forced into the 9-5 grind their entire lives…
The sad part here is that all of us are made to believe that WE can’t do what the rich can.
But that’s NOT true at all and in this and the next 10 emails I will show you the secrets of the wealthy elite so you can live a life which others envy and want to be a part of.
Let’s go through 3 examples which are sure to hit home…
Example #1:
Do you have an auto spa in your neighborhood?
I have one 5 minutes away from my house – this is what it looks like:
There’s no question that a wealthy person owns it.
The owner doesn’t work in the spa at all – the employees do. However, it is the owner who takes the lion’s share of the money, through passive income of course.
For him, the auto spa is an asset, which will keep generating income for him for life.
Here’s the interesting part: There a 91% statistical chance that this guy is a self-made millionaire.
No, his parents didn’t leave him millions to buy the auto spa – if research is any guide, he started from 0 and earned his way to it.
You can too.
Example #2:
Love going to McDonald’s?
The franchise is most certainly owned by someone who knows how money works and who is certainly a multi-millionaire.
Why?
Because the cost to own a McDonald’s franchise is $1 to $2.2 million:
Once again, the owner doesn’t work in there – the employees do. Yet, he takes the lion’s share of the profit (you’d be surprised how much he’s making without working – once again, passive income).
This McDonald’s franchise is his asset, working 24/7 so he doesn’t have to.
Once again, this individual most likely started from zero and worked “smart” to get here.
Example #3:
Are you living in a condo or apartment building?
There’s a 89% chance that the building is owned either by a person or by multiple people who understand the “Game of Wealth”.
And yes, they are making a boatload without doing any work.
Once again, this condo building is their asset, working hard 24/7 to support their lifestyle.
Now, this knowledge might overwhelm you a little and that is totally normal.
The good news is that YOU can follow the strategies they follow and make your own fortune, even if you are starting from scratch.
Now I can also hear you saying “This is great Yasir but I don’t have ANY money to invest in anything right now…”
Believe if or not, “coming up with the money” to invest is actually the easiest part, especially if you are in US and Canada.
In Email #6, I will show you how to do so in excruciating detail.
For the time being, let’s get back to the life-lesson which will absolutely change your life and make you wildly successful.
Here is Rule #1: Do not trade time for money.
Stop right now.
Read the above sentence again.
Read it 5 more times and take it in.
Once again, if you have a job, I am not saying you should quit your job right now.
Keep your job and slowly CREATE or BUY assets which generate income for you every single month.
Once your monthly passive income is higher than what you earn on your job, only THEN quit your job.
So, which assets am I talking about?
1. Simple online (and offline) businesses
2. Dividend stocks
3. Rental real estate
4. Other life-changing vehicles which I will reveal in good time
I mention these 3 asset classes because everyone’s goals are different.
And so is their risk tolerance.
So if you don’t like 1 asset class to make your millions in, you have 2 others to figure out.
Remember, I go through all of these income-generating assets in my email series (and in a more detailed manner in my Wealth Mastery mentorship program – link below).
Here is the kicker though:
You will never find out how to become wealthy at school.
Why?
Because the goal of the education system around the world is to train employees,replaceable cogs in the system, who know enough to work in the assets of the rich for a steady paycheck.
The scary part is that the educational system offers courses on Bakery Science & Egyptology (yes, these are actual majors – look them up – hilarious, right?), but they will never teach you about money.
They will happily take $20,000 to $150,000 of your money (think medical, dental or law school) and give you a “degree” which shackles you to a life of mediocrity for the next 40 years…
But they will never teach you life-changing secrets of money.
So let me say it again, because it is THE thing to understand if you want to become a multi-millionaire and achieve total freedom:
The secret to becoming wealthy is acquiring assets which generate passive income for you, 24/7, 365 days a year.
Here’s how it actually looks like in action in real life:
– Online Businesses (very simple subscription programs where you charge monthly)
If you can get 1,000 people to pay you $27 monthly, you will be able to “have it all” – endless and total freedom, 3-month long vacations, ability to spend unlimited time with friends and family etc.
I show you exactly how to do that in the future emails.
– Rental Real Estate (duplexes, townhouses & condos)
If you buy 8 income producing properties, you will be financially ahead of 99.4% of the world’s population.
Believe it or not, buying 8 properties is actually pretty easy, irrespective of your current financial situation.
In my Wealth Mastery program, I give you an extremely simple step-by-step blueprint to get your hands on these properties and getting someone else to loan you the money for it to bring in endless passive income.
– Dividend Stocks
If you can invest $500,000 into a proven dividend stock which pays a 6.9% dividend (hypothetically, of course – it’s never a good idea to put all of your money in 1 stock), you will have a monthly income of $2,916, without working for it at all.
I personally know people who are doing it and they sleep and wake up whenever they like, they kick back and relax, pursue their hobbies, travel the world on a whim and enjoy their lives to the fullest. That isn’t all, their family and friends look up to them and they command respect.
If they can do it, so can you.
(By the way, the strategy I use to invest in dividend stocks will virtually guarantee that you bring in life-long passive income and never ever lose money).
I hope the content discussed in this email was as eye-opening for you as it was for me when I started learning the secrets of the truly wealthy.
That said, you have 2 options here…
1. You can acquire the skill of understanding how money works to create your passive income and real wealth to finally quit your job. That is what I’d recommend because once you have this skill, you will NEVER experience a lack of money again for the rest of your life.
2. You can partner up with someone who has already acquired this skill. But I should tell you that finding someone who is already “there” is usually a mind numbingly difficult task given less than 3% of the world’s population is financially savvy.The fastest way of reaching the life of wealth and total freedom is to understand how to earn income passively, and the fastest way to do that is to acquire new SKILLS. This is a skill which has never been taught in schools and never will be… However, if you’re ready to learn this life-changing (and extremely sought-after) skill set, I’d like to invite you to join my personal Mentoring Program.
And the best part?
It’s just $37/month to join and a lot cheaper if you sign up for a year. Before I forget, for a limited time I am offering a 7-day free trial as well so you don’t get charged anything upfront – this way you simply can’t lose. If you’re truly interested in investing in yourself to live a life most people will never be able to relate to, this is the opportunity of a lifetime… Learn more about Yasir Khan’s Mentoring Program here…
To your success,
Yasir Khan