I wouldn’t expect to be able to sit down at a piano for the first time and play a concerto. The same is true for making money.
This is why most first companies fail.
The Ladders of Wealth Creation—a step-by-step roadmap to building wealth:
I wouldn’t expect to be able to sit down at a piano for the first time and play a concerto. The same is true for making money.
This is why most first companies fail.
Look at this graphic, then we’ll break down each step.
The first ladder is trading time for money. This is how most people you know earn a living.
It may start with an hourly job working for Starbucks, but then transition into a salaried position working at a company.
1. Show up consistently
2. Being reliable
3. Eager to learn
Every job requires those three things.
To climb the ladder to a salaried position you need to specialize in certain skills (design, copywriting, legal, nursing, etc).
If you choose to make the jump to the next ladder of running a services business there's an entirely new set of skills you need to learn that build on the last step…
1. Forming a company
2. Finding clients
3. Creating proposals
4. Pricing services
5. Hiring employees
6. Establishing an online presence
7. Accounting, finance, & operations
There are so many things that seem easy now that were daunting to me at the time.
Most often they stop being reliable and showing up consistently.
Up until now each sale has been made by talking to customers or an employer directly. But to truly reach new levels of income you need to learn a different lesson:
How to make a sale without ever talking to the customer.
A designer moving from designing sites at $100/hr to charging $2k for a 5 page site.
An editor charging $250/video instead of $50/hr
1. Writing sales copy that can make a sale without talking to the customer
2. Designing a sales page (or hiring experts to do it for you)
3. Processing online payments
4. Standardizing systems to deliver repeatable quality
The goal of a productized service is to remove the manual work from making the sale. Selling products continues that trend by also removing the manual work from *delivering* the product.
A new tripod for vloggers
A video course on new cooking techniques
An ebook on how to learn a new programming language
A software product for realtors
Customer support at scale
Gathering customers at scale
Supply chain (for physical product)
Fraud prevention
The trick is to start with a lower rung on the product ladder & only move up as you’ve learned more skills.
https://t.co/zdRu8LzeET
You can also follow me @nathanbarry to learn more about audience building and wealth creation.
Here’s the original tweet where I’d appreciate a RT or reply:
https://t.co/YhHz4xmUCo
The Ladders of Wealth Creation\u2014a step-by-step roadmap to building wealth:
— Nathan Barry \U0001f1fa\U0001f1e6 (@nathanbarry) March 20, 2022
More from Learning
Use these 6 AI websites to finish hours of work in minutes (take a look):
1. Sheet+
Become a spreadsheet master with Sheet+ AI-powered tools.
• Convert text to formula
• Convert formula to explanation
• Debug formulas
• Generate VBA code
• Get instant answers to any spreadsheet question
🔗 https://t.co/fWsAeKa6ko
2. DeepCode
DeepCode's AI-based code review notifies you about critical bugs in real time and shows you how to fix them.
🔗 https://t.co/dPTPq9syoy
3. Akkio
Grow your business with data-driven decisions.
Go from data to AI in 10 minutes — no code or data science skills required.
🔗 https://t.co/I29FIHDIs0
4. Autocode
Instant endpoints for webhooks, bots, and APIs.
Build and host Node.js endpoints in seconds.
Connect to your favorite APIs like Airtable, Discord, Notion, Slack, Webflow, and more.
🔗 https://t.co/uQZB0NCHJT
1. Sheet+
Become a spreadsheet master with Sheet+ AI-powered tools.
• Convert text to formula
• Convert formula to explanation
• Debug formulas
• Generate VBA code
• Get instant answers to any spreadsheet question
🔗 https://t.co/fWsAeKa6ko
2. DeepCode
DeepCode's AI-based code review notifies you about critical bugs in real time and shows you how to fix them.
🔗 https://t.co/dPTPq9syoy
3. Akkio
Grow your business with data-driven decisions.
Go from data to AI in 10 minutes — no code or data science skills required.
🔗 https://t.co/I29FIHDIs0
4. Autocode
Instant endpoints for webhooks, bots, and APIs.
Build and host Node.js endpoints in seconds.
Connect to your favorite APIs like Airtable, Discord, Notion, Slack, Webflow, and more.
🔗 https://t.co/uQZB0NCHJT
Lifelong learning is a competitive advantage.
But contrary to what you’ve been told, lifelong learners are built, not born.
THREAD: 20 lifelong learning habits you can start developing today.
Stimulate Dynamically
The mind is a muscle - it needs to be stimulated dynamically to continue to grow.
Don’t rely on one “exercise” - develop a menu of options.
Write, read, listen, watch. Solve puzzles, play games. Enjoy it!
Stimulate dynamically, learn dynamically.
Build Learning Circles
The most powerful learning is communal, not individual.
Build learning circles with other intellectually curious minds.
Engage regularly with no set intention or goal.
Community is everything. Embrace it.
Keep Asking Why
“Why?” is the most useful tool in our learning toolkit.
But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.
Reject the norm.
If you want to understand the world, take a cue from our kids - keep asking why!
Adopt a Process Orientation
Prioritize process.
Learn for the sake of learning, not always for a specific goal.
When you prioritize process, you become flexible in where you are headed.
Life is a winding, confusing journey - forward progress is all that matters.
But contrary to what you’ve been told, lifelong learners are built, not born.
THREAD: 20 lifelong learning habits you can start developing today.
Stimulate Dynamically
The mind is a muscle - it needs to be stimulated dynamically to continue to grow.
Don’t rely on one “exercise” - develop a menu of options.
Write, read, listen, watch. Solve puzzles, play games. Enjoy it!
Stimulate dynamically, learn dynamically.
Build Learning Circles
The most powerful learning is communal, not individual.
Build learning circles with other intellectually curious minds.
Engage regularly with no set intention or goal.
Community is everything. Embrace it.
Keep Asking Why
“Why?” is the most useful tool in our learning toolkit.
But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.
Reject the norm.
If you want to understand the world, take a cue from our kids - keep asking why!
First principles thinking is a powerful mental model for driving non-linear outcomes. It also requires a willingness to ask difficult, uncomfortable questions.
— Sahil Bloom (@SahilBloom) March 14, 2021
Here are a few to help you get started: pic.twitter.com/KyuAr7IUf7
Adopt a Process Orientation
Prioritize process.
Learn for the sake of learning, not always for a specific goal.
When you prioritize process, you become flexible in where you are headed.
Life is a winding, confusing journey - forward progress is all that matters.
Best YouTube Channels to learn Web Development
A Thread 🧵👇️
1. FreeCodeCamp
FreeCodeCamp is a non-profit organisation that'll teach to learn to code for free.
https://t.co/TfMCxjaE0r 🔗
{ 1 / 10 }
2. Traversy Media
Traversy Media creates crash courses to learn programming in a very easy way. He also collaborates with great creators.
https://t.co/EwwtdO0vRw 🔗
{ 2 / 10 }
3. codeSTACKr
codeSTACKr creates useful content on web development including HTML, CSS and JavaScript.
https://t.co/4Pww7BcMRd 🔗
{ 3 / 10 }
4. Code with Ania Kubów
Ania Kubów is a software developer who creates videos on building amazing apps from scratch.
https://t.co/6Hwrfiirw3 🔗
{ 4 / 10 }
A Thread 🧵👇️
1. FreeCodeCamp
FreeCodeCamp is a non-profit organisation that'll teach to learn to code for free.
https://t.co/TfMCxjaE0r 🔗
{ 1 / 10 }
2. Traversy Media
Traversy Media creates crash courses to learn programming in a very easy way. He also collaborates with great creators.
https://t.co/EwwtdO0vRw 🔗
{ 2 / 10 }
3. codeSTACKr
codeSTACKr creates useful content on web development including HTML, CSS and JavaScript.
https://t.co/4Pww7BcMRd 🔗
{ 3 / 10 }
4. Code with Ania Kubów
Ania Kubów is a software developer who creates videos on building amazing apps from scratch.
https://t.co/6Hwrfiirw3 🔗
{ 4 / 10 }
You May Also Like
First thread of the year because I have time during MCO. As requested, a thread on the gods and spirits of Malay folk religion. Some are indigenous, some are of Indian origin, some have Islamic
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
And here they are...
THE WINNERS OF THE 24 HOUR STARTUP CHALLENGE
Remember, this money is just fun. If you launched a product (or even attempted a launch) - you did something worth MUCH more than $1,000.
#24hrstartup
The winners 👇
#10
Lattes For Change - Skip a latte and save a life.
https://t.co/M75RAirZzs
@frantzfries built a platform where you can see how skipping your morning latte could do for the world.
A great product for a great cause.
Congrats Chris on winning $250!
#9
Instaland - Create amazing landing pages for your followers.
https://t.co/5KkveJTAsy
A team project! @bpmct and @BaileyPumfleet built a tool for social media influencers to create simple "swipe up" landing pages for followers.
Really impressive for 24 hours. Congrats!
#8
SayHenlo - Chat without distractions
https://t.co/og0B7gmkW6
Built by @DaltonEdwards, it's a platform for combatting conversation overload. This product was also coded exclusively from an iPad 😲
Dalton is a beast. I'm so excited he placed in the top 10.
#7
CoderStory - Learn to code from developers across the globe!
https://t.co/86Ay6nF4AY
Built by @jesswallaceuk, the project is focused on highlighting the experience of developers and people learning to code.
I wish this existed when I learned to code! Congrats on $250!!
THE WINNERS OF THE 24 HOUR STARTUP CHALLENGE
Remember, this money is just fun. If you launched a product (or even attempted a launch) - you did something worth MUCH more than $1,000.
#24hrstartup
The winners 👇
#10
Lattes For Change - Skip a latte and save a life.
https://t.co/M75RAirZzs
@frantzfries built a platform where you can see how skipping your morning latte could do for the world.
A great product for a great cause.
Congrats Chris on winning $250!
#9
Instaland - Create amazing landing pages for your followers.
https://t.co/5KkveJTAsy
A team project! @bpmct and @BaileyPumfleet built a tool for social media influencers to create simple "swipe up" landing pages for followers.
Really impressive for 24 hours. Congrats!
#8
SayHenlo - Chat without distractions
https://t.co/og0B7gmkW6
Built by @DaltonEdwards, it's a platform for combatting conversation overload. This product was also coded exclusively from an iPad 😲
Dalton is a beast. I'm so excited he placed in the top 10.
#7
CoderStory - Learn to code from developers across the globe!
https://t.co/86Ay6nF4AY
Built by @jesswallaceuk, the project is focused on highlighting the experience of developers and people learning to code.
I wish this existed when I learned to code! Congrats on $250!!
THREAD PART 1.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
