Core Income Principles

1. Leverage Over Effort

Your time is limited, but systems and teams can scale infinitely. Focus on building income machines rather than just trading hours for dollars.

2. Multiple Revenue Streams

Relying on a single income source is risky. Diversify with salary, business income, investments, and passive streams.

3. Continuous Skill Development

The fastest-growing careers belong to those who constantly upgrade their skills. Invest in learning that compounds.

4. Strategic Networking

Your network is your net worth multiplier. Build relationships with people who can accelerate your opportunities.

Income Acceleration Framework

Career Path (Linear Growth)

• Salary Optimization: Negotiation, promotions, skill development
• Leadership Progression: Managerial roles, specialized expertise
• Industry Switching: Move to higher-paying sectors or companies

Business Building (Exponential Potential)

• Service Businesses: Leverage expertise with minimal overhead
• Product Businesses: Create scalable offerings
• Investment Income: Generate returns on capital

Income Diversification (Risk Reduction)

• Active Income: Salary, consulting, freelancing
• Portfolio Income: Dividends, interest, royalties
• Passive Income: Rental properties, automated businesses

Key Metrics to Track

Career Velocity

Rate of income growth vs. market average and inflation

Business Valuation Growth

Year-over-year increase in business worth

Income Diversification Score

Number of income streams generating 10%+ of total income

Leverage Multiplier

Income generated per hour of personal effort invested