Lately, I keep hearing younger industry self-proclaimed “experts”, and even some regular people say, “I’m grinding”, or “their grinding”, or “keep grinding”. The expectation that these people have is that if they quote “grind” now, they can have some kind of wealth later. I see the honest people say this, the people labeled as “scammers” say this, and even just regular people say this. To be honest, I dislike the term, and to be frank, I don’t “grind”.
Let me tell you why I don’t grind, starting by telling you a little bit more about my own experiences.
After consulting, analyzing, and troubleshooting for fortune 500, and 100 companies, I would say that I have to disagree with those who think they are going to generate great wealth by quote “grinding”. To put this into perspective, I’ve see the systems that power our world, and have caught many glimpses of how these companies generate their billions. I myself have built websites, programmed systems, and marketed for the poor and wealthy. I’ve also seen the key differences between the two. This was enough to show me that the truly wealthy, don’t “grind”.
Furthermore, I’ve read the biographies, and books of the wealthy to soak in their knowledge, and or experiences. I’ve closely watched the people that are considered good or bad in different industries and have seen how they made their fortunes, and or lost their fortunes. I run 3 companies myself, and have personally gone through the process of what makes money and what doesn’t in multiple areas of business. But more importantly pertaining to this post, I have seen what happens when you “grind” vs what people who have generated million to billions have done.
I’m going to tell you that if you’re “grinding” you’re likely going not going to get as far as you really want to in regards to your financial well being. If you’re in a “9 to 5”, you’re likely going to work until you die. I am not saying this to hate on having a “job” because that’s honestly just another income stream out of the many you can have in life. However, even with saving money from your job, it’s still not enough. With inflation, and economics as they are, you aren’t going to be able to retire off of your savings. Not unless you have managed to save hundreds of thousands of dollars by the time you retire. Even then, industry experts estimate you need (currently) about 2 million in the bank to retire comfortably. Do you have 2 million in the bank? Most don’t.
The biggest “secret” I can tell you, that really isn’t much of a secret, is that true wealth is generated by automation. You can “grind” all you want. You can work yourself into the dirt. Unless you can eventually automate the “grind”, you’ll still be trading your time in order to make money click now. There is only so much time in the day, and quite frankly, you just don’t have enough. In other words, what I am trying to say here is that you don’t get wealthy by spending all your time “grinding”.
Warren Buffet himself said, “If you don’t find a way to make money while you sleep, you will work until you die”. Which I believe to be absolutely true. Which is why I personally work on automated income streams like automated trading algorithms, CPA, online ads, equity shares in businesses, and more. Making money while I sleep is important to me. Building my wealth is important to me. I believe that if you truly want to create generational wealth for your posterity, you’ve got to have something duplicate or a system that can pass through the generations to make your family wealth. Check out air conditioning service.
In other words, the goal is not to worker harder, and “grind”. The goal is to work “smarter”, and try to get to a point where you’re spending very little time collecting the biggest reward. Just don’t forget to enjoy the fruits of your labor, love your family, thank your friends, and so on!
Lesson here: Wisely leverage your time, and automate your “grind”.