Breaking Out Of Wage Slavery
By Leo Gura - January 23, 2021
So people ask me, “Leo, how can I break out of wage slavery without having lots of money to start my biz? Don’t I need to have lots of money first?”
No, that’s where bootstrapping comes in. You bootstrap a small biz by strategically finding a niche that requires little start-up capital but can have huge profit margins. And the best way to do that is by making yourself a massive value provider.
Here’s a real-world example:
Eric Barone made a farming game called Stardew Valley completely by himself, at home, in 4 years. His game sold 10 million units at $15/each. Steam takes a 30% cut, which left him with something like $100 million! $100 mil in 4 years is a pretty good pay off.
Now you say, “So Leo, to get rich I should start making farming games?”
No. The lesson here is not to start making farming games.
“So Leo, I should start making other kinds of games then?”
No. That’s not the lesson either.
Don’t draw your lessons so narrowly. Think outside the box. The true lesson is to find a new niche in whatever field you want that will have an analogous pay-off ratio as what Eric Barone did.
Don’t expect anyone to tell you what this niche is. If you chase after the niches that have already been filled and served you will never get it. You must find/create your own unique niche. And of course to serve this niche you must turn yourself into a skilled creator and massive value provider. The reason that his farming game generated $100 mil in value is because it offered that much value to people in the world.
That is the real get-rich-quick scheme. Although of course it ain’t so quick or easy. But it is doable if you’re serious. But see, if you told most people that they will earn $100 mil, and all they have to do is put in the time and build skills for 4 years, they would not have enough discipline or vision to do it.
All you really need to break out of wage slavery is one hit. Strategically channeled creativity can pay off like crazy. Nothing is really stopping you from creating $100 million in value — aside from your lack of creativity and vision.
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