This is one of the reasons I pursue this game so hard. Check out the other options you have to this funnel game…
Today, I'm gonna teach you The Wealth Formula, and why I'm so jazzed about this Funnel Game.
I'm really pumped to share this with you.
I ran through The Wealth Formula at my exclusive OfferMind event, so you’re gonna get a sneak peek behind closed doors...
Right now, I'm doing the One Funnel Away Challenge which is specifically targeted at people who are people new to funnels.
The Wealth Formula is my answer when someone says, "Stephen, this is really cool, but it seems like a lotta work. There's gotta be another way? How long does it take the average person to be successful with this?"
...I hate that question, it drives me nuts. I’m like, “Well, how bad do you wanna make a million bucks?”
What Yield Will You Learn To Earn?
One of the benefits hanging out with the amazing people at ClickFunnels was that I got some cool insights into the books and courses they rated. I got to see who the gurus learned from...
If a guy who runs a hundred million dollar company thinks something’s cool… then I should probably think that's cool too, right!
Ya know what I mean?
If I hear, “Hey, I really learned a lot from this...” I'm like, "What was the name of that again?" I'm gonna look it up and buy it.
I bought so many books when I worked at ClickFunnels... because I was just like, “If Russell thinks that's amazing, I need to make sure I have that info for the future.”
I’d be sitting feet away from people like Tony Robbins or Robert Kiyosaki, and if they said, "I read this great book recently... " I’d be like, Boom! BUY IT.
The Wealth Formula was one of the things I heard about, for the first time, while I was at ClickFunnels... and it was life-changing for me.
I already believed in funnels, but this was amazing.
Capitalist Pig, Baby!
At OfferMind I did a presentation called: “What Yield Will You Learn To Earn?”
I walked through how much money you can typically expect to get from different kinds of investment vehicles…
I know there are people out there making MORE money from some of the ways that I talk about, but I'm talking about the 80 percent majority.
I don't wanna learn stuff where I have to learn exceptions to the rule in order to make cash. I'm interested in the rule.
… the cash causing models.
If I do X, Y, and Z, will I get this amount of money? I'm looking for the 80 percent rule. The default that makes the cash most of the time.
Let me show you how the Wealth Formula plays out…
THE WEALTH FORMULA
QUESTION #1: Figure out how much money you're willing to put away into an investment account every month for the rest of your life?
You don’t touch it, it’s just meant for investments. Write that amount down.
For this example, I'm gonna use $165...
Can you put $165 in an account every month?
If you're like "Hey, I can't do that right now." That's okay, you're solving the problem ahead of time... and that's cool.
QUESTION #2: How long will you leave it there?
Okay, let's say 25 years.
For 25 years, you're not gonna touch that money. It's not meant for income.
QUESTION #3: What yield will you get?
What yield you’ll get depends on the investment vehicle you choose?
… And that's one of the things I wanna talk about here.
QUESTION #4: What’s the total amount of money you want?
Let's say, a million dollars… that’s a nice round number ;-)
So now, I wanna run through a few examples with you… because if you knew how to earn a higher yield... what would that mean for you? CLUE: *IT’S HUGE*
RETURN ON INVESTMENT…
WEALTH SCENARIO #1:
So let's say you take $165 every single month at a yield of zero percent (and just put it under your mattress) for 25 years.
How much money would you have?
After 25 years, you’d have $49,500.
I know you mathematicians are freaking out over the fact that it's zero percent, just get past that... you’d have $49,500...
Could you live off of that if you retired? Probably not, right?
You’d get creative real fast…
WEALTH SCENARIO #2:
Let's say you take $165, and you want to learn to earn 3 percent for 25 years.
Q: Where can you guarantee to learn to earn 3 percent?
A: Some savings accounts… I'm talking guaranteed, you understand? There are some savings accounts out there right now, not many anymore, but there are some that'll give you 3 percent if you just leave it alone.
Q: What would the total be after 25 years?
After 25 years, the total would be $73,775 (I left out the cents).
Let’s keep going…
WEALTH SCENARIO #3:
$165 per month at 6 percent for 25 years…
Q: What's an investment vehicle that’ll guarante...
