Dan Waldschmidt

by Dan Waldschmidt

July 8, 2015

These Two Flaws Are Costing You Massive Success.

If you can’t manage your money, you’ll never be successful in getting to where you want to be.

The reality of life is that achieving success most often demands you being able to handle money smartly.

There are services that you can’t beg, steal or borrow. You have to pay for them. And as the old adage goes: “You get what you pay for.”

If you’re not good with money, you’re going to fail. 

Unnecessarily so.

It’s wildly important to develop financial skills.

Being clueless about money doesn’t make you more virtuous. It’s stupid, dangerous, and shortsighted.

There are two key areas that you need to be smart about: 1) How to make more money and 2) How to manage debt.

If you can master these two skills you’ll be alright.

No matter what you want to achieve.

Take this seriously. If you can’t figure out how to make money and manage your debt, you’ll struggle for the rest of your life. It’s that brutally simple. 

Make more. Waste less.

  1. Making more money comes down to a really simple concept: Selling something that other people consider worthy of them spending their money on. Figure out what you can offer that is awesome. Sell it. 
  2. Managing your debt comes down an even simpler concept: Spending a lot less than you make, saving more than you spend, and avoiding any kind of debt at all costs. Find a way to live on less. You can always tighten your belt.

That’s what it takes.

Figure it out or plan to keep failing.

Spend less. Make more. Spend less. Save more. Spend less. Invest More. Spend less. Work harder.

That’s the plan. That’s the process. That’s what you do every day of your journey getting from where you are right now to where you want to be.

Obsess about it. Be militant about protecting your plan.

Fix what’s broken. And do it quickly.

Your future depends on your ability to get this right, right now.

About the author

Dan Waldschmidt

Dan Waldschmidt doesn’t just talk about leveling up. He’s obsessed with it. He's set records as an ultra-runner and been the personal strategist for the leading business leaders of our time. He wrote a book, called EDGY Conversations that accidentally became a worldwide bestseller and continues to share his insights from the stage as a keynote speaker and on the blogs and podcasts you will find here. Most days, you'll find Dan heads-down, working on breakthrough strategies for his clients at EDGY Inc, a highly-focused, invite-only, business strategy execution company based out of Silicon Valley.