Dream 10X Episode 74: How To Be A Capitalist Without Any Capital

We review Nathan Latka's book, 'How To Be A Capitalist Without Any Capital', in the context of our own wantrepreneur learning adventure.

The best way to find the perfect idea is to have many ideas.Attributed to John D. Rockefeller

Five Key Takeaways

Setting three businesses up that are complementary can help create a multiplicative effect on revenue and profit.
Copying competitors’ good ideas is a valuable strategy, as it means there’s a need for that product or service.
Building systems is more important than setting goals, as it allows for continual improvement and growth.
Selling pickaxes to miners is a valuable paradigm, as it focuses on selling products and services to the prospectors rather than the gold itself.
Going deeper with existing customers by upselling and adding more value can lead to greater annual recurring revenue.