You won't get rich renting out your time; you must own equity in a business to gain financial freedom.

To achieve financial freedom, focus on generating passive income without needing to work actively, and keep your burn rate low.

To build wealth, focus on becoming an owner rather than just an earner. Invest in assets that appreciate over time, and leverage those assets to create more wealth.

You need to be disciplined in how you invest your time to achieve significant financial success.

You need to be disciplined in how you invest your time to achieve significant financial success.

In your 20s, leverage your flexibility and time to take risks, discover your talents, and focus on becoming an owner rather than just an earner.

If you're investing your own money into your company, it's best to buy equity directly rather than using complex structures. You don't need a lawyer to negotiate with yourself when managing your own investment in a startup, but it's wise to seek legal advice or do thorough research to ensure everything is done correctly.

Wealth provides the freedom to explore options and start businesses without needing permission from others, allowing for a personal vision.

You can't get rich by trading your time for money; even if you charge more, it often leads to a slow upgrade loop of expenses.