What are the best tools for success? Ask ten different people and you’re bound to get eleven different answers.
That said, I’ve created a list of ten success tools to help you. These range from literal gadgets (like apps and web services), to the more abstract (how you think and what you study).
Let’s get started.
1. Tweetdeck
Social media is horrible for learning new things, and I wouldn’t recommend it as a hobby either.
However, social media’s instant nature and low-effort content make a gold mine for business. You can set up a Twitter account, hammer out content (while engaging with others) until you reach a “tipping point,” and then profit off your efforts.
From personal experience, I built up a five-figure account this way, in under two years.
With 10,000 followers, you might spend the week plugging an offer which pays $10 per conversion. If you make 83 sales you’re up $830.
With a blog post or niche site making one sale per day, you’d need three months to reach this same number.
In other words, there is money in running a social media account.
Anyway, back to TweetDeck.
While many people (like Ed Latimore and Alexander Cortes) enjoy live Tweeting, I’ve found success writing out a week’s worth of Tweets on Sunday night and then scheduling them all through TweetDeck.
TweetDeck is a free platform which let’s you schedule content ahead of time. It’s one of the most useful social media tools out there.
[Insider Tip: Use TweetDeck across multiple browsers if you’re running more than one account.]
2. Medium
Sometimes you might have an idea for a niche site or webpage which doesn’t warrant buying a whole new domain and hosting.
Maybe you run a Twitter account or YouTube channel and just want a simple place to post text-based updates.
Whatever the case, Medium provides a nice bridge between social media and blogging.
It’s not as in-depth as owning your own site, but it gets the job done. Medium is also completely free, so it’s well worth a look.
3. CIT Bank
Everyone should have an emergency fund.
I suggest keeping at least $3,000 in easy access, plus putting one year’s worth of expenses into a high-interest savings account.
This is a fantastic way to shelter yourself from financial disaster, plus the higher interest rate means you’re earning money on top of your existing funds. It’s one of the safest investments possible.
When it comes to high-interest savings accounts, Ally and CIT are the two most popular options.
Both are great, but I personally prefer CIT simply because it has a higher payout and is easier to use while traveling abroad.
4. Robinhood
There’s a very stupid piece of advice (that I’m dumb enough to have fallen for) which goes like this:
Don’t put money in the stock market, invest in yourself.
While it is important to develop your own skill set (and investing won’t make you rich), owning revenue producing assets will accelerate your wealth.
Here’s a very basic example.
After my first year of freelance writing, I had about $5,000 in excess funds.
Because I “invested in myself” I used that money for rent, food, and travel while shifting towards passive income ventures like eBooks and niche sites.
Were I smart, I would have stuck that money into an index fund like BND, VYM, or VOO. Then I would have gotten a part-time job, worked on my books at night, and collected about $150 – $200 per year off my investments.
Today, that $5,000 would now be worth over $7,000. With an extra $5,000 added each year (and 7% gains) I’d be sitting at $30,000+.
If you have a little bit of excess money every month, I suggest investing through the Robinhood App. It’s commission free, saving you from needless expenses. Something that’s great for small-scale investors.
Plus, you get a free stock of you sign-up through this referral link.
5. Vanguard
If you have a large surplus of cash, invest through Vanguard. They have some of the lowest management fees in the whole industry, and you’ll save even more money through their Admiral Shares program.
I have no affiliate deal with Vanguard, but I think they’re a great company and they offer a whole slew of terrific index funds.
This is an excellent way to grow your wealth, if you’re a high-income individual.
6. Nuts And Bolts How-To Books (When You’re Starting Out)
You need to develop skills in order to make money. When you’re starting out, focus on practical activities people will pay you for.
This could be sales, copywriting, web design, video editing, etc…
Developing one monetizable skill is all it takes to get you started down the path to success.
Recommendations?
- Web Copy That Sells
- Zig Zigglar’s Selling 101
- How To Write And Sell Simple Information For Fun And Profit
7. Biographies (Once You’re On A Roll)
Once you understand how something works (and you’re gaining traction while doing it), start studying the best and the brightest in your field.
Biographies are generally more abstract than how-to books, so you won’t get as much concrete advice, but they’ll reveal new strategies and ways of thinking about whatever it is you’re doing.
This is immensely helpful once you’ve developed your basic skill set.
Recommendations?
8. A System Which Generates Crypto Currencies
I had some fun riding the 2017 BitCoin wave. And enjoyed success while swing trading crypto coins in early 2018.
However, crypto’s volatility and confusing nature makes me hesitant to invest again.
Buying the whole US stock market seems like a safer choice than gambling on random alt coins or trying to actively time the BitCoin market.
That said, you can still accumulate crypto currencies without any monetary risk.
The easiest way to do this?
Create a product or join an affiliate program where you’re paid in BitCoin.
Put that money in a wallet (Exodus is great) and just leave it there. It’s a safe way to capitalize off crypto without a major risk.
9. The Brave Browser
(22 Pop-Ups Blocked On The CNN Homepage Alone)
Oh look, it’s one of the above mentioned systems to generate crypto currency! That’s right, I’ve posted a big fat referral link for the Brave Browser.
All jokes aside, this has become my new favorite web browser. And for a very simple reason, Brave eliminates all pop-ups and bloatware. This means it’s finally possible to visit your local news site without being accosted by 15 autoplay videos and 30 banner ads.
10. Any Hobby Which Promotes Independent Thinking
If you have to constantly ask others for their opinions and advice, you’re f*cked. Doing this always puts you at someone else’s mercy.
Sadly, this seems to be a growing trend.
I constantly notice more and more people who want to defer all their thinking to someone else.
Don’t do this
IQ might be fixed, but you can always teach yourself basic critical thinking and emotional control.
Pick up a psychology book, or start playing mind sports like Chess. Spend some time alone with nothing but your own thoughts.
Being a gullible moron is no way to go through life. You don’t want to be the guy who loses his house through Bitconnect, or who gets talked into situations he’s uncomfortable with.
Success Tools: The Conclusion
You don’t have to do everything on the list, and (as always) take my advice with a grain of salt. However, I would suggest trying some of these things, or using my suggestions as a spring-board for your own research.
Also, if you have any more tools or tips feel free to leave a comment below!