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Get Rich — The Limiting Resource That Is Keeping You From Wealth

Lukas Schwekendiek
4 min readOct 24, 2021

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If you want to become truly rich you must think about your limiting resource.

What is the thing that truly limits how much you can earn?

Think about it this way:

At minimum wage ($7.25 an hour) you could be working 100 hour weeks and still make less than $40,000 a year.

Even if your wages increase to $90 an hour (the average for a doctor) that would lead you to slightly over $450,000 a year at 100 hour weeks, which is not bad, but you are still not even close to breaking the million.

Yet there are people who break that number in month.

How come they earn so much more?

Well, to be honest it is not about the amount, which is what people often think their limiting resource is.

But the true limiting resource in getting rich is Time.

Even if you can manage the stress of working 100 hour weeks on a regular basis, something I would not recommend to anyone, you are going to struggle to become rich even under the best circumstances.

On top of that, you would be so drained and burned out that you could probably not even spend the money on any luxuries, as you are working too much and too hard.

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Lukas Schwekendiek
Lukas Schwekendiek

Written by Lukas Schwekendiek

Life Coach, Speaker, Writer. Published on TIME, Inc & Huffington Post. Coaching available again! Email: Lukas.schwekendiek@gmail.com with the word "Coaching"

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