Stay broke.
Hey, don't say I didn't warn you...
As this certainly isn't the average phrase you go throwing around.
However, there is much more to it.
Anytime you are in a position of increasing your income...
You want to stay broke.
So what does this mean for you?
You want to reinvest your profits so it's not sitting around doing nothing.
What I've noticed (along with the person who recommended this)...
Often realized that money sitting around usually gets spent (on junk).
So once you have a good amount of money backed up (in case of an emergency or whatever else may come up)...
You want to look to invest your further profits.
This also does a very important things:
- It allows you to grow faster (especially if it's in your own business)...
- It allows you to stay uncomfortable.
Just the fact that you don't have a ton of money laying around...
Allows you to keep your butt to the fire and go out there and produce.
And from what I've noticed personally...
Anytime I have a bunch of money sitting around...
I tend to get comfortable, complacent, and take less action.
This strategy allows you to completely flip things around for your own advantage.
This advice certainly isn't for anyone (especially if they are lazy)...
But can work wonders for anyone who is serious about growing their income...
In quite the counter-intuitive way ;)
James