A money expert has revealed how anyone can become a millionaire without any “hard work” and said it all comes down to a simple mindset shift.
Josh Kaufman, a best-selling author and entrepreneur who has dedicated his life to teaching others “how successful businesses really work,” recently sat down with Steve Bartlett at his The CEO Diary Podcast to share some of their knowledge.
The Fort Collins, Colorado-based financial guru said all companies share the same “foundation.”
And he insisted that anyone could launch a successful business and become rich if they mastered it.
According to Josh, it all comes down to asking some “simple, direct, helpful questions.”
A financial expert has revealed how anyone can become a millionaire without any “hard work” and said it all comes down to a simple mindset shift.
Best-selling author and entrepreneur Josh Kaufman (left) recently sat down with Steve Bartlett (right) on his podcast The Diary Of A CEO to share some of his insights.
When looking to launch a company, he said people should ask themselves: ‘How does this business create value?
‘How do you attract the attention of people who might want or need what this business offers?
‘How do you convince people to take out their wallet or credit card and give money to the company?
‘How does the company deliver the value it promises to its paying customers?
‘And most importantly, is it earning enough to make it worth all the time, energy and effort the owner and employees invest in the business?’
“That’s the essence of finance. Understanding business in this systematic way is a superpower,” he added.
Josh explained that “every business, from the smallest startup to the largest corporation in the world,” relies on understanding the importance of these questions.
“This is the basis of every business plan that has ever existed or will exist in the future, because each of these parts is universal, essential and fundamental,” he continued. “These questions need to be answered.”
And the financial guru claimed that all businesses share the same “foundation” and insisted that anyone could launch a successful business and become rich if they mastered it.
According to Josh, it all comes down to asking a few “simple, straightforward questions,” such as “How is this business creating value?” One of Josh’s books can be read
He said even those who aren’t starting their own businesses can benefit, because thinking this way can help them land the perfect job.
“Having this framework in your head, understanding these things and being able to ask these questions, being able to know what’s important and what’s not and thinking like an owner or an operator is what owners and operators, executives and managers are looking for in terms of people to hire,” the author said.
Josh told Steve that he believes becoming rich is “attainable” for anyone, whether or not they have business experience.
“It all comes down to answering those fundamental questions: How are you going to create value that someone else in the world wants or needs?” he concluded.
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