Well, where should i start and where should i end. I think the best way to start is to introduce myself to you. My name is Daniil Siakos, born in 1981 and i live in Germany. I am an eventmanager in the Mercedes-Benz Museum in Stuttgart. At some point in my life i realized that my job will never make me waelthy and if i am not wise with y spendings and investings it could even be that i would have to die broke.
So i started thinking about my life from a different perspective and also started to educate myself about wealth, investing. real estate, businesses etc. That is how my vision was born to become a wealtmakr. A wealthmakr not only for myself but also for other people that could use my knowledge and wisedom for themselves but also to influence their families and friends and maybe start thinking about a better life and the wealth that they could create.
What is one of the most important things i can learn on wealthmakr.com?
If you ask me, the most important thing or lesson that everyone should learn and accept is: You are the master of your fate and the captain of your own journey. In other words, start accepting the fact that you are responsible for everything that is happening in your life. Start acting like the creative director of your own story and start beeing responsible.
It is very important to understand this. No matter where you are, how old you are, if you are male or female. You need to understand that it is in your hands to become wealthy and no one will make you wealthy or happy, only you can do it. I know that you may heard this a million times but it begins with developing the right mindset.
What kind of mindset do i need to become wealthy?
First of all you need to forget about passive income. It is so terrible to watch all those marketers promoting their courses on youtube or instagram and what is even more terrible is that so many people are actually buying. People spend thousands of dollars each day and jump from course to course looking for a magic formula how to get rich. But here is the honest truth. A magic fromula like this does not exist. It has never existed and it will never exist. The thought of passive income is so amazing for many people and they keep daydreaming about all the great things they would do if they would have these huge amount of passive income and several passive income streams.
I know that this is not what most people would like to read, but again, it is the truth. There is not one way to make money there are countless ways to generate income. And yes, some of those ways may lead to let us call it a semipassive income. What do i mean by saying that? There are business models where you put in hard work today and this business generates money for you later and for a long period of time. Business models like blogging, running a successful Youtube channel etc. Yes, these can generate you money later and for a long period of time. But! You have to put in the work first. You have to understand that usually there is no output without input that has been made in a certain way.
When it comes to mindset i am the best example how to not do it. It was in the year 2009 when i first started to get, let´s call it curious, about the make money online world. Back in the days i was the manager of 2 successfull Nightclubs and Eventlocations in my hometown. I was also responisble for the bookings, public relatins and our whole marketing activities. I learned to use facebook for eventmarketing and got more and more interested in making money online. So i started researching different ways to make money. Watched a ton of youtube videos and even got caught in some get rich quick schemes. It can get really cofusing especially when you looking for something that doesn´t exist. It took me about 10 years, thousands of dollars and a huge amount of my lifetime to understand these things:
- There is no passive income way. Every income stream needs work!
- Believe in yourself and never depend on others.
- Learn the skills you need to understand your business model.
- Keep a journal and work with a plan.
- Start executing your thoughts.
- Learn from the best doers and not from marketers. They just sell you stuff.
- You can not work on 10 things at the same time. Focus on the one project and make it amazing.
- Work, work, work and work smart.
I am sure it is not the first time you got this message. But, it is true.
There are successfull people in every sector and also online in every niche. The art is to find your own certain way and to make things right. What i mean by saying that is, you really need to be clear about what you want and the way you want to do it. Then learn everything you need to know to get started and immediatelly start executing. Sure you can outsource and at some point you should outsource to scale your business, but in the beginning it is just you and a ton of wor that needs to be done.
Are there ways for passive income?
I mentioned earlier that there is no real passive income. I need to correct this a little bit as there can be 2 types of passive income methods. But both of them need a lot of capital to invest in before you can call it “passive income” and make a living with your investments. The 2 methods are:
- Real Estate Rental properties
- Paper Investments (Stocks, Bonds, ETFs etc)
I just mention these here because these are the only 2 semisave ways to invest in to generate passive income after investing a huge amout of money. Sure there is also P2P-Lending and crowdinvesting etc. But the core message is the same. Invest a lot of money first to generate passive income later.
Now take real estate investing as an example. You can buy a house and hire a lot of people to remodel it, maintain it, manage it etc. this stuff costs a lot of money and it is money that you have to pay. Or you can do these things on your own and know that money not going out is the same like money coming in.
Just understand that there is no output without input in a certain way. It is up to you to choose your own path and just make everything work in your life the way you want it to.
What do i need to learn to become wealthy?
This is a tough question and unfortunatelly there is no universal answer here. My number one recommendation before you even start thinking about passive or active income, online or offline services, virtual or physical products etc. is, learn about money! Learn absolutelly everything you can about money. That doesn´t mean that you have to go to a business school or listen to your banker. Please, doubt everything your banker is telling you and do your own research. Learn as much as you can about money, cashflow and finacial wisedom. This society has tought you that money is the root of all evil. YOur mind got programmed that money is bad and connected to bad things. You only use money to live but please don´t talk about money.
Well, change your mindset today and start thinking, learningand talking about money and wealth every day. The top 1% has the knowledge which you also should learn.
And yes, my final words on this first article on wealthmakr.com is, that my vision of wealthmakr is a plattform for people that want to learn and understand wealth, people who want to become wealthy and people that want to help others to become wealthy.
Let me be your wealthmakr and you be my wealthmakr.
Your
Daniil Siakos