1. Define the deal / project/ venture/ investment,  etc eg shares / crypto / property/ ongoing concern eg restaurant, dental practice/ start-up
2. Identify TR (time-risk) category – high /low risk, short /long term investment – see diagram.

3 Focus on Passive income – someone else’s sweat

3a – Tuck away 10% of active income ( The Richest Man in Babylon)

4. Invest minimum £500 – £50,000 Depends on TR Category

5 Minimum ROI -12% ( https://www.youtube.com/watch?v=IoOgnnX_p10)

Ability to compounding returns – Shares

5a – Always remember the Tax

5b – Do not use your own money – Use a credit card – Tax saver, better ROI (Rich Dad, Poor Dad), less repayment stress

5c – Finger always on the pulse –  check tds, best to use a form of digital “stop-loss”
                                                        –    Use dashboards

5d – Team work – investment clubbing

6 Mindset – Takes at least 3 months to change this ( Think & grow rich). You also need to “chant” for 3 months, night and day. You must always be reading a Financial education book.

7 Power of Follow-up- use technology, will-power, motivators. AVOID -ve PEOPLE