Nathan Barry

And so I have four different ladders.

And the idea is that as you move up between these ladders and move across between ladders, then your ability to earn and your ability to build wealth increases.

But at the same time, the difficulty increases.

And you have to learn skills all the way along.

The key thing in making money is that it's a skill.

And so you have to learn the skills as you move along.

And if you try to do something wild and crazy, like jump all the way from the bottom of ladder one to the top of ladder four, which building a social network or building a Uber for dog walkers, a marketplace, it's like the hardest thing you could ever do.

And if you try to do that without any skills, it's not going to work.

And so instead, how do we layer these things on gradually?

So that first ladder is just time for money.

And this is where usually we all start.

This was me, $6 an hour at Wendy's.

And I had to learn some skills there.

How to show up, how to do what I say what I was going to do.

You know, I have the outside accountability.

If I don't show up on time, I'm going to get fired.

You do that three times in a row and they're going to be like, get out of here.

But on that ladder of time for money, you can go pretty high.

I jumped off that ladder onto the next one pretty quickly, but a doctor, many doctors are still on that ladder.

Just their salary is really, really high.