The Secret to Building Wealth Fast

What if we told you there was a way to build extreme levels of wealth incredibly fast? What if we told you that almost all self-made millionaires and billionaires have used this exact strategy to build their fortunes? And there's nothing stopping you from doing the same!

No, okay, this isn't about the law of attraction or marrying someone rich. We know you're smarter than that. Let's dive into it. Welcome to alux.com, the place where future billionaires come to get inspired.

Asymmetric risks, or asymmetric opportunities, are when the rewards are higher than the costs of participating, with a decent likelihood of success. If you invested $5,000 in Amazon stock when it fell to only $5 a share back in 2001 and held on to it until today, you would have over $3 million. If you invested $1,000 in Bitcoin back in 2015, you would have well over $100,000 today.

These are examples of asymmetric risk in the investment space. But this kind of risk-reward ratio can be found in all aspects of your life, and by the end of this video, you'll have a clear list of these opportunities that we’ll identify for you. Basically, the goal is to find situations where you could lose a little bit but win big if it works out in your favor.

Now, if you watched our "Why Most People Will Never Be Rich" video, you'll know what keeps people poor. One of the big reasons is that average humans don't understand the concept of asymmetry. They're accustomed to small wins and dramatically rare losses. A good example of this is someone who works a job, getting a small salary consistently until the market turns, and now they find themselves unemployed.

The only way to thrive in this kind of socioeconomic climate is to embrace risk. You can't remove the volatility; so instead of it killing you, use it to win big. This is one of the reasons why we invest in technology startups. Statistically, six out of ten projects we invest in will fail, three will do okay, and one will do well enough to pay for all ten, and then some.

Another example of asymmetric risk is when you start a company or join a company where you have shares. At most, you can lose your time and whatever you consider to be the opportunity risk. But if the company does well, the end result could be life-changing.

Now we've used this concept of asymmetry in everything we do. For example, this video right here is an asymmetric bet. We spend some time and some resources to create a piece of content that can live forever. As long as people find it valuable and keep consuming it, we will be getting a return.

Any type of content is an asymmetric bet. Write a book, start a podcast, record a video, tweet out ideas, post on social media. All of these have the potential to reach millions of people, and the collateral benefits outside of digital likes are enormous. Every one of them is an opportunity for people to discover you and what you have to offer.

This works phenomenally well if you leverage it against digital products. Instead of a book, make it an ebook, and your cost of production is just the time you put into writing it. A digital course has the same kind of scale benefits. You make it once and you can sell it as many times as people are willing to buy it.

Asymmetric opportunities are everywhere around you and in all aspects of your life. This is why people take the risk to move to big cities. Relocating to a big city allows access to people and opportunities you don't have in your small town. It's the same thing with traveling the world.

And the biggest asymmetric risk of it all is doing this when you are young. Even if nothing works out, you still have enough time to make it back. Going on as many first dates as possible allows you to meet different kinds of people and figure out what kind of partner you actually are looking for. Not to mention that you get better at dating, building up your confidence and your charm.

The downside is it simply doesn't work out, and you move on to the next date. But the upside is finding the love of your life, the person you'll spend most of your remaining days with. Going on dates or to parties has a low cost of entry, but you never know who you're going to meet and what kind of impact they could have on your life.

We do the same thing with reading books. A book costs about $15 and a few hours of time. Not every book we read is going to be life-changing, but every once in a while a really good one will come along that generates exponential growth for us by connecting some key pieces of information. So we bear through the bad books in the hopes of finding that really good one.

It's the same reason why we buy courses or go to business events. For us, the cost is just justified because, on a long enough time horizon, this investment will pay off hundredfold. This is why thousands of people go to courses, alux.com, and purchase our educational experiences.

If you look for them, asymmetric opportunities are wildly available. If you really believe that Bitcoin is the future of financial stores of value, well buying Bitcoin at 60k or whatever it's trading at today is still a no-brainer. And there's still a decent case for it to be this way.

Traditional finance is struggling due to the current climate. Governments are devaluing their currencies, and the general population doesn't have enough funds to protect themselves with real estate. Automation, AI, and disruptive technologies are around the corner, connecting the world even more.

The math that supports this strategy is simple: an investment can only go down 100%, but the potential upside is infinite. As long as you have the ability to generate income on your own, it's just a matter of time until one of your investments hits it big. Remember the fund example? Some of your investments will fail, but others will outweigh your losses. If you can survive it, who cares if you lose six or seven times?

As long as the eighth one takes care of you for life, who cares if seven books are bad or seven dates don't work out? If the eighth one is really a home run, really life-changing. You have to take the emotional fright out of your ability to try things. This isn't your parents' world anymore, where you picked one job, worked at it for 40 years, and then retired. No, you have to adapt to the world we are living in or you'll be swallowed up by the flood that's coming.

We believe the same thing is happening to education and productivity. Nothing you're taught in school right now even comes close to giving you the tools to navigate the world, where AI is bringing the cost of intelligence to zero. Now that AI is here, basic intelligence is on demand and in your pocket.

When the internet came around, there was no longer a financial incentive for you to remember the year or particular event that happened because you could just Google it, right? Everything you learn in the classroom today has just been rendered useless by the rise of large language models.

We believe in a perpetually evolving education system, one that's internationally connected and updated. That's why we spent millions of dollars building the alux app as our biggest asymmetric bet. If you go to alux.com/app right now and download the app, you'll get a survey in the onboarding for the app to understand what your needs are.

Right now, we find the smartest people in the world and distill their knowledge in 15-minute bits of applied wisdom that we feed to you on a daily basis. The app measures your progress every three months to adjust course based on your performance and the performance of people just like you.

We believe that top performers such as yourself will continuously be plugged into some form of education designed to give them an edge over everyone else. The asymmetric bet that we're dealing with here will spend 10 to 20 million building this, and if we get it right, it might be worth billions.

Hundreds of thousands of entrepreneurs and managers have seen measurable improvements since downloading the app, and it's still in its early form. The more our library grows, the more valuable it becomes. The more people use the product, the better the algorithm becomes at getting people the results they need faster.

Even if we fail, we're pushing education forward in our pursuit of changing the lives of 1 billion people through education. So, find your asymmetric opportunity. We want you to take the time this week to look around you.

What asymmetric opportunities have you found in your life? Let us know in the comments, as your input might just help someone else in our community. And as for those of you still watching, of course, there's a bonus waiting for you.

In order to be able to take full advantage of asymmetric opportunities, you need an income machine. You need to know that money is coming in no matter what; be it through your own ability to convert your knowledge, skills, and time into currency.

Ideally, at this stage in your life, you don't have that many dependencies, and you don't need much to keep living the way you are. Make it a priority to invest in asymmetric opportunities consistently. If you fix the money first, it allows the room for everything else.

That's what we say: you can get everything you want in life, but let's get you rich first. Plant your seeds and water them regularly. It won't be long until one of those opportunities bears enough fruit so you can focus on it exclusively.

But the catch is you don't know when it will happen, so the best strategy is to keep putting in the work. You can risk an investment through education. Since you're a true alux or watching this video until the very end, here's our way of saying thank you: if you go to alux.com/app right now and download the app on your phone, scan this QR code, and you'll get 25% off the yearly subscription.

We'll see you back here next time, aluxer! Until then, take care, my friend.