Tools of the wealthy: Scalability

Photo by Giorgio Trovato on Unsplash

Scaling up is something you hear about a lot when it comes to making money in business. We can take this approach for some passive income approaches in side hustles. Scalability and compounding are similar, both are looking to exponentially grow the end result (profits, dividends, gains, etc…) When we are looking at scaling we are looking for a few things: time relative to money, constant returns, and rapid growth.