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In this video your mindset shifts on how wealth is created #entrepreneurship#business

Luke belmar explains how to be rich with a plan #lukebelmar #rumble #reels #shorts

Here are a few thoughts on relating time and money as an entrepreneur: - Time is a limited resource. There are only 24 hours in a day and we can't get more time. Money, on the other hand, is something that can be earned, invested, and multiplied over time if used wisely. As an entrepreneur, your time is very valuable. - Focus on high-value activities. As an entrepreneur you want to spend your time on tasks that will move your business forward and generate income. Things like building new products, marketing, and acquiring customers should take priority over busywork. - Minimize wasted time. Look for ways to streamline operations, outsource lower value tasks, and eliminate distractions. The more you can maximize your productivity, the more value you can provide and income you can earn per hour worked. - Invest money to buy time. Hire workers to take work off your plate that others can do. Tools and software that automate tasks and processes can also help maximize your time. Spend money on things that allow you to focus your energy on high-value tasks. - Track time spent on tasks. Use time tracking software to understand where your time goes each day. Identify areas where you may be wasting time and make adjustments. Knowing where you spend time helps ensure you're investing it in the right places. - Put a monetary value on your hourly rate. Calculate how much income you want to earn and how many billable hours you want to work to reach that goal. This gives you a target hourly rate to aim for. Raise rates if needed to hit your income goals. - Treat time as an asset. Just like capital assets that appreciate in value over time, strategic time investments appreciate too. Spend time now to build skills, networks, and new offerings that will continue to pay off in the future.

The Rise of Digital Real Estate In recent years, digital real estate has emerged as a new asset class that allows people to own virtual land and property in online spaces. Just as physical real estate provides value through location, scarcity, and development potential, the same dynamics apply to digital real estate in virtual worlds, augmented reality, and the metaverse. Some key examples of digital real estate include virtual land sold in metaverse platforms like Decentraland and The Sandbox, where users can buy LAND tokens that represent virtual property. Brands and companies have bought digital land in these metaverse worlds to market products, host virtual events, and engage with users. For instance, Adidas purchased a plot of LAND in The Sandbox metaverse to create virtual experiences for customers. Digital real estate also encompasses domain names and popular websites, which can be valued and sold just like physical property. Premium domain names like Car.com have sold for millions of dollars, demonstrating the asset potential of virtual property rights. Successful websites themselves can also be bought and sold as digital real estate assets. Additionally, the rise of augmented reality and location-based services has created new opportunities in digital real estate linked to real-world locations. Apps like Pokemon Go have demonstrated the value of owning and controlling virtual spaces mapped to physical coordinates. There is an emerging market around virtual spaces tied to specific geographic locations and establishments. Though still an emerging concept, digital real estate has started gaining significant traction and attracting investor interest. Like with any new asset class, there are challenges around valuation, monetization, and regulations that need to be fleshed out. However, digital real estate represents an exciting new application of virtual worlds and digital ownership rights. The ability to buy, sell, and develop virtual property and spaces will likely open up new economic opportunities in the digital landscape. #digitalrealestate #blockchaintechnology #nft

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