The Year 2025: An Unorthodox Path to Making Ten Thousand Dollars a Month. the new
Executive Summary
This note shows a way to earn $10,000 a month that’s different from the usual approach. The “New Route” means getting high-income skills. You use these skills to make money. Then, you can share your expertise across the country. It values freedom and wealth more than the time spent working for money. It also suggests starting earlier to achieve greater success.
Key Themes and Most Important Ideas/Facts
Drawbacks of the Traditional Route
- Money Barriers: Going to college and getting a 9-to-5 job often don’t help you reach the $10,000-a-month goal.
New data from the Social Security Administration shows the average yearly income is $63,750. That works out to $5,316.66 per month. the New
This data shows that experienced pros earn more. So, someone in their 20s starting out will likely make much less than $5,000 a month. High-paying jobs, such as doctors and lawyers, require you to trade time and freedom for a paycheck. This can create a sense of “Is there a faster way that I can get over 10K per month with more freedom?” Changing later can be hard: you can switch to the new way at any age. But the sooner you start, the better it is. “The longer you wait, the farther you have to hop.”
I felt like life was getting really heavy as I continued down this familiar path. More load is when you know fun stuff is coming up next month, like a mortgage, your partner, kids, the big three.” The author credits his own early success (millionaire at 20+) to being “pushed down this road early in life.” 2. Step One: Consume (Gathering Knowledge)
The Pursuit of Learning Is a Necessity: The New
To grow, you must let go of arrogance and the belief that you know it all. The cure, in fact, is “absorbing knowledge.” The New
Focus on Making a Good Income: Identify and develop skills that the market needs. For instance, “video editing, high-ticket sales, web design, coding, graphic design, and copywriting.” For advice, I recommend picking one where you think you would have some natural gift for it. It’s always easier to take a strength and develop a weakness than the other way around.
Strategy for Knowledge Acquisition:
- Credible Sources: Use YouTube to find renowned experts. Look for videos with views higher than those of newspaper articles.
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Extract the Key Information: Ask yourself, “What point is this person making? What lesson is behind their story or experience?” Don’t just copy everything.
Community Participation: Partaking in online communities (Reddit, Discord) for your chosen niche.
This gives you real insight into the problems people are having now. So much better than watching his videos. The New
Diversified Sources: Don’t get stuck in the “one-person-only-YouTube” mindset. “Try more salt from different pots.” Also, cast your net wider. Include material from different ops and sources.”
Three Step Two Apply (Requiring Real-World Implementation)
Testing & Iteration: Application is the most essential part of building wealth.
It is an ongoing “cycle that continues until you terminate your progress.” Start with simple projects and “give yourself permission to fail.”
Monetisation and Initial Skills Scaling: Start Charging for Yourself. When you’re ready, dive in and start charging for your skills. Begin with “low-pay clients” and then slowly raise your rates.
By editing videos, for example, you can make $10,000 per month if “five clients pay you $2,000 a month each. Ten people pay $1,000 a month apiece.” The New
Shrinking Returns: “This is a game of shrinking returns.” Early study brings greater rewards than late application. Continue to apply it until “the level of a master.”
Valuable Experiences: “At first, the main lesson is the practice itself,” says so-and-so. Record the experiences and the solutions so that you can use them as “a rich source of future stories at will.””
From Job to Business: Turn your high-income skills into a real business. Gain total freedom. As so-and-so said, “You have to be there to make money or feel like a jerrymajor hotshot.” This means your only real asset is a high-paying job.” This entails:
Systematization means writing down every step of the system creation process. It starts with the idea and moves to implementation, creating a complete system.
Delegate by breaking down the work into pieces. You can hire less skilled people for certain tasks. This way, you can focus on quality control and growing your client base.
This can be done with any high-income skill.
Step Three: Educate (Leverage Knowledge) In 2020, China had 1.4 billion internet users. Analysts expected e-learning revenue to exceed $13 trillion. ESPN+ is changing sports marketing. Now, merchandise sales are more important than sponsorship revenues.
Teaching Success:
Young millionaires like Iman Gadzhi, Ali Abdaal, and Graham Stephan made their money by teaching others. The education industry is booming. You turn 40—one day at a time: help people find a path to their goals each day. If not, you might soon find yourself broke. The New
Scalable Education Products: Big Gains. If you sell a $100 course, sell it 100 times this month.
Then, you will hit your goal of $10K for the month.
After they create the product, they can sell it multiple times, which brings “freedom and time.”
Diverse formats have some limits. Educational products can include:
- Online courses
- Exclusive membership sites
- Subscription podcasts
- Communities
- Personalized coaching
- And more.
” Predictable recurring revenue: these businesses generate “predictable recurring revenue.”
That’s the “holy grail of business,” based on Lustiger’s insights about growth and hiring. Address worries: Sharing “secrets” won’t greatly cut your income. This is because “only a tiny percentage of people actually take action.”
If you don’t teach it, then “someone else will.” The Relatability Advantage: Young people in their twenties have less career baggage. With their strong relatability, they should focus on education. They’ve “recently walked in your shoes.” They know your feelings like an “old professor teaching from textbooks.” To stand out, remember: “The worst you can be is vanilla.””
(See Final Discussion.) The IMPACT Principle: Focus on Audience Needs: “Don’t start with your story. Share content that meets your audience’s needs. Highlight unresolved issues and offer clear action suggestions.”
Emotion: Create content that makes people feel something, sparking an emotional trigger. The IMPACT Principle: Inspire—motivate your audience to see that change is possible.
For the message with precise, short and impressive wording, please.
practical steps: Give people the power to act on your advice right now,
Authentic: Not all who smile are lying; some are telling the truths they have lived. Share a personal story from your application experience that feels right to you. And remember, sometimes it helps to “fake it till you make it.”‘
Connections & Conversations focuses on building strong relationships. It encourages replies to comments and builds a community united by a shared cause.
**Timing:** Share your content when people look for it. Focus on trends and keep up with what’s current.
Flexible Content Creation: Not everyone wants to be in front of the camera. Try different formats such as podcasts (e.g., Steven’s Diary of a CEO). “There’s no one way to do it–it’s all trial and error until you find what works for you.”
