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Welcome back to another week with Renaissance. The newsletter equivalent of a Forbes 30 under 30 alumni - all the money, all the promise and results, all the charisma, just don’t reallyyyy ask how we do it 👀….. and we both have Kendall Jenner on the cover of things we own.

Today at a Glance:

10 Proven Ways To Make $10K A Month

This Week’s Moves: All Killer No Filler 

Charlie Munger Life Lessons

The Renaissance Over-Under

Business, Money Markets & Financial News

📢10 Proven Ways To Make $10k A Month 🤝

Alright alright, huddle up Renaissance gang! It’s almost the end of the year and we need more wins in this community like our mother’s lives depend on it. I was gonna say dads but let’s face it…we’re the closest thing you’ve got. 👀 Get to work!!

But I realise the last few weeks have been either mindset alpha or large financial long trades…and maybe we need to take it home to grass roots. Giving us all some working capital so we can take advantage of everything we talk about here!

The first $10k is tough, the next hundred is a grind, and believe me after that things just get a little easier every time… but you’ve gotta take action! You have to. So pick something below if you haven’t got $10k a month to your name, and just MAKE IT HAPPEN.🎉🎉🎉

⚡ 1/10 - Dividends, the classic boring investment. Investing $100 a month for 30 years might get you $400,000 with a 13% return, but to hit $10k a month? You'd need a fortune. 🤔💰 This is for boring little salary men, don’t be like this, you can outperform this with work ethic. No index fund cults over here.

⚡ 2/10 - Airbnb & Rental Properties: Cashflow, anyone? One good property in the right place can easily get you $10k a month. Plus, you can scale up from there! 🏡(and no it ain’t dead, take advantage of great deals and make the properties fit for purpose for Airbnb!)

- Check out inspiration from this guy making $475k a MONTH from Airbnb arbitrage

- Learn more about the Airbnb game changer here: https://www.instagram.com/chrischoi/

⚡ 3/10 - Over-employed: A remote worker's dream, just get a second and third job and cut corners! But it's a lot of effort and stress. 🤪 Double your income, work half as hard. 💼

This breaks one of our cardinal rules of business though, no equity! We don’t want cash. We want equity (the ownership, the stock, the token, the deeds), that’s wealth!

Cash is a means to an end and sooner or later you’ll realise you need equity to be wealthy….. not that you’d have the time with 3 jobs.

⚡ 4/10 - Buy a business with seller financing! Skip the setup and start earning from day one. 🏢Businesses fail, and a lot of systems need to be set up in the first place, and how are you ever really sure? Buy the business that already has revenue up front and pay it back with future profit.

Find businesses on online marketplaces like:

 • Flippa

 • BizQuest

 • Bizbuysell

 • Acquire.com

 • BusinessForSale

 - Use Bizscout for local business opportunities: https://t.co/HNq2fHFmTC

⚡ 5/10 - The 'Charlie Chang': Start a YouTube channel, talk about your interests, and watch the money roll in. All profit, no cost. 📹

Get inspired by Charlie's journey: https://www.cnbc.com/2022/05/12/how-this-29-year-old-built-a-million-dollar-business-after-getting-rejected-from-15-medical-schools.html

Check out someone making $50k a month with faceless YT channels: https://www.instagram.com/razvanpb/ These channels and their libraries are a goldmine, and even worth a larger rollup of channels. Also good for those of us who like to be faceless.👀 Perfect for us doing a newsletter, they say I’ve a face for newsletters… my mom tells me I’m handsome so I’m sure it’s fine.🙃

⚡ 6/10 - Peer-to-Peer lending: Buy debt, earn 10%+ passively. Lending Club is a good place to start. 💸 Or hey even step it up in your local city, break some legs of people that don’t pay, it’s all fun!

Get started with Peer-to-Peer lending here: https://www.lendingclub.com/investing/peer-to-peer

⚡ 7/10 - Courses: Create or upload them to Udemy or your own site, and you can earn passively. Pick the right topic, and you're golden! 🎓Then create great organic content around the subject, give calls to action and you’ll do just fine!

See how Miss Excel made $100k in a day with her course: https://www.cnbc.com/2022/04/21/28-year-who-who-made-100000-in-passive-income-in-one-day-shares-books-that-helped-her-become-successful.html

⚡ 8/10 - Vending machines: Easy money! Mark up items, automate inventory, or scale by buying vending machine 'routes.' 🍫💰This sounds simple but can be as complicated as understanding why your partner is mad at you….. I haven’t been spoken to in a week it’s fantastic! Anyway, vending machines - coffee, cupcakes, condoms, you’d be surprised what you can sell in kitted out machines!

Check out this ultimate guide on starting a vending machine business: https://www.businessinsider.com/how-to-start-a-vending-machine-business-advice-ultimate-guide-2023-1?r=US&IR=T

⚡ 9/10 - Run an agency and outsource to freelancers. Easy $10k a month but time-consuming and soul-sucking. 🕶️ It really is the easiest way to do it in my opinion, get a skill like web design, SEO, sales, ads and marketing anything and sell and do outreach with demos! Put them in a position where they can’t say no and you’ll get their business. You be relentless, telephone fucking terroristssss. 🔥

- An interesting rollup big business in this space we’re exploring, is buying up the top rated and reviewed Fiverr and UpWork listings and funnelling the traffic and requests to your white label agency instead. After all these are just massive funnels for deal flow, like real estate, and you can roll up the key properties and make a monster business. 😈

⚡ 10/10 - OnlyFans: When times are tough, show your feet! Some are making millions with creative hustles on and off-camera. 📸💵

You may think this is just for hot Insta girls and we have it rough having to make money the hard way. But with AI, and content niches, you can do just about anything these days! Get creative.

- Explore different hustles on OnlyFans: https://www.businessinsider.com/how-to-make-money-on-onlyfans-according-to-creators-2022-2?r=US&IR=T

P.S. Remember, it's not just about making money, it's about creating a lifestyle you want. But you’ve gotta pay your dues and get that $10K to start with. 💃🕺

⚡⚡⚡ P.S.S. Go long on Amazon stock for end of year earnings after Black Friday. Trustttt usssss. We’ve all heard the rumours of no piss breaks and worker productivity!

LITTLE BITS 😎

RIP to an actual icon, a legend, he’s taken more financial knowledge to the grave than we’ll ever learn…

Though, just goes to show…ever the optimist…maybe take some profits this week, things don’t always hit the numbers you expect. 👀

Fucking Beeple 😂😂😂

How Gary Vaynerchuk Sold 1 Million Books in 24 Hours, and You Can Too

Top podcasts in 2023 in review by Apple podcasts! These are great things to review as a social arbitrage trader or if you’re looking for clear trends in the content and topics people are consuming. Watch how things are changing compared to years before……

https://www.businessinsider.com/most-popular-podcasts-2023-apple-crime-junkie-smartless-huberman-lab-2023-11

Seeing as he just died, and he lived to 99, here’s Charlie’s habits and beliefs for a long, healthy, happy life 🙏

NOSTALGIA OF THE DAY

Crypto Market & NFT News

This Week’s Moves: All Killer No Filler 😀👌

We’re here to do the work so you don’t have to, learn and earn wooooo!🥳

⚡ Macro market moves to take note of:

Bitcoin in its entire history has only ever once gone up and been green for an 8th consecutive week.

We were at 7 and surprise surprise, history repeats itself 😉

It’s dropped after a 7 week run, following trends like this is so bullish and healthy for the market. We’re tracking perfectly towards the Bitcoin halving event! But watch your trades this week while it’s red.

⚡ What to stack for the bull market: Before we hit the bull market again and you all FOMO and realise you should have been buying all along, here’s a watchlist of what we want to hold for the bull market:

- Lately: $CRE and $WEB until Elon announces $VAULT.

- Long positions: Raid your damn piggy banks and get some funds diversified across these picks below and you’ll be blessed with gains, trust me. And then we’ll have supper in the gardens of Troy. 🤪 

Watch out for token unlocks selling, and short ‘em for December:

All of these projects have massive token unlocks this month and there’s gonna be some selling action to make for a very Merry Christmasssss believe me 👀

Trades and things of interest this week:

https://winnieether.com/ we’re in for this $WINNIE the pooh early token airdrop. Watch this space for sure…don’t fuck with Winnie’s honeypot 👀

We just bought a bag of $DEVAI at $500k market cap, looking good! And it follows the winning narrative of being a telegram bot for simplistic deployment of code and contracts based on basic needs given as parameters….actually pretty sick! Eyes on. 👀

https://www.dextools.io/app/en/ether/pair-explorer/0x5229e688ef8e199c74e88e828e1519853d38a192

Wealth Building, Personal Finance Hacks & FAT FIRE

Following the recent passing of investing legend Charlie Munger we thought we’d run through some of his top investing lessons and pieces of wisdom that we here at Renaissance love. ❤

This is the man who was Warren Buffet’s right-hand man and Mohnish Pabrai said was a quantum leap above Warren in terms of intelligence. Bill Gates said that he was the broadest thinker he had ever encountered…….so basically we might be able to learn a thing or two.

He started out his career as a lawyer 💼 and it wasn’t until he met Buffett when he was 35 that he transitioned to a career in investing. Even as a lawyer Munger put a lot of value on building wealth and achieving financial independence (sound familiar Renaissance gang.)👀

He always had a knack for it and Buffett showed him he could reach this level of independence through investments. So that was it, he transitioned to managing people’s money and his next level thinking was quickly on display. 🧠

Munger is well-known for what he calls “mental models” which are the mental frameworks and systems he uses to decide on investments. This is something we’ve consistently talked about here at Renaissance. You often don’t rise to the levels of your goals, but fall to the level of your systems.

Get the systems and frameworks right and the rest follows.

In line with Gates calling him one of the broadest minds, Munger knew a lot from multiple different areas and applied them in his general thinking. He knew a lot about the world and it really helped him get ahead. He had a keen understanding of human nature and incentives.

In fact he was pocketing $70,000-$100,000 a year from a $1,000 investment he made in 1962.

Munger placed an oil bet after playing a round of husband-and-wife golf with a business man named Al Marshall. (All the best deals get done on golf courses. Even Bernie Madoff tapped into this source.)

When I’ve played a total of two rounds of golf and still not met rich business friends who can give me insider trading tips

At the third hole, Marshall outlined his plan to bid in a local oil-royalty auction. Munger responded, in characteristically blunt fashion, "You're doing it all wrong." Marshall took him on board to help with the financial and legal aspects of the deal. Munger then made use of an ABC trust, a type of tax shelter that has since been outlawed (my kind of guy.) They have since made a fortune from this play.

Here’s some more of our favourite Munger quotes:

And a very relevant one from the 2010 annual Berkshire Hathaway meeting:

Meme of the Day

That’s a wrap for this week! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)