In today’s world, following the financial paths of older generations won’t make you rich. Andrew Tate, known for his unfiltered and often controversial views, argues that the wealth creation methods of your parents are outdated and no longer effective.
With inflation, stagnant wages, and a rapidly changing economy, the traditional advice of saving money in a bank and buying property no longer works. Tate insists that to thrive, you must embrace modern wealth creation methods, which involve capturing and leveraging attention to generate income. This article breaks down the key techniques outlined by Tate.
Table of Contents
Modern Wealth Creation Methods
1. Outdated Financial Advice Doesn’t Work
Tate begins by explaining that the traditional financial advice often given by older generations, such as saving money, putting it in a savings account, and buying a house, is no longer applicable in today’s world. In the past, interest rates were higher, and houses were more affordable relative to income.
However, at present, interest rates on savings accounts are almost non-existent, and the cost of property has skyrocketed in comparison to average wages. According to Tate, following these outdated methods will hinder your ability to become wealthy in today’s financial landscape.
2. Monetizing Attention
One of the primary ways Tate suggests making money in the modern world is by monetizing attention. He shares an example of a 16-year-old making $45,000 a month by creating TikTok videos featuring Tate’s content. The teen used Tate’s existing material, repackaged it into short, engaging clips, and directed attention to his affiliate links, where he earned a commission. Tate emphasizes that attention is the most valuable commodity today.
Many companies spend huge amounts on advertising to capture attention, but individuals can bypass this expensive route by using social media to grab people’s interest and then monetize it.
3. Hard Work Comes Before Smart Work
Tate emphasizes the importance of hard work and points out that many people misunderstand the balance between working hard and working smart. He argues that most individuals want to skip the hard work and move directly to working smart, but he believes this approach is a mistake. According to Tate, hard work is essential for reaching the top, and only after putting in the effort can one truly work smart.
Tate draws a comparison to talent in sports, suggesting that you won’t know if you’re talented unless you’ve worked hard enough to compete with the best. He insists that once you’ve mastered hard work, working smart becomes a way to enhance your success.
4. Passive Income is a Scam
One of the most controversial points Tate makes is that passive income is a “scam.” He doesn’t mean that passive income itself is a lie, but rather that people with no money often obsess over making money without working. Tate argues that you must first focus on active income, where you’re actively working for money.
Once you’ve maximized your time and earnings, you can then start creating passive income streams by automating or outsourcing some of your tasks. But for beginners, the idea of passive income is a distraction from the real work needed to generate wealth.
Tate emphasizes that even passive income requires some level of involvement—you have to maintain properties, monitor investments, and ensure everything is running smoothly. The key takeaway is that beginners should stop looking for ways to make money without effort and instead focus on active income first.
5. Outworking the Competition
Success comes from working harder than the competition. He does not believe in work-life balance, stating that life itself is centered around work. Whether it involves attending meetings, creating content, or even working out at the gym to stay in shape, Tate sees it all as part of his work routine.
He is convinced that those who limit their work to just a few hours a day will always be outperformed by those who are willing to work longer and harder. Tate insists that even the most intelligent individuals need to put in more hours of smart work to outpace their competition.
6. Laziness and Quitting Lead to Failure
According to Tate, laziness and quitting are the primary reasons people fail. He has no tolerance for quitters, stating that you can give a quitter every advantage—mentorship, tools, and encouragement—and they will still find a way to fail.
This is because quitters lack the resilience to push through hard times. In his Hustlers University, Tate even bans people who unsubscribe, saying that he doesn’t need members who are unwilling to do the work. He believes that people who give up easily will never be successful, regardless of the opportunities they are given.
7. Passive Income Comes After Active Income
Tate doubles down on the idea that passive income should only be considered once you’ve maxed out your active income. For example, if someone shows you how to make $1,000 an hour, your first thought should be to work as many hours as possible to earn that money actively, not how to make it passive.
Once you’ve filled your schedule with active income, then you can start thinking about making parts of your work passive through automation or hiring staff. But until you’ve maximized your active efforts, worrying about passive income is, as Tate puts it, “dumb.”
Conclusion
Andrew Tate’s views on modern wealth creation revolve around breaking free from outdated financial advice and embracing new, attention-driven methods. He highlights the importance of hard work, monetizing attention, and rejecting laziness in favor of relentless effort.
Tate’s message is clear: in today’s competitive world, those who are willing to work the hardest and adapt to modern methods will succeed, while those stuck in the past or seeking shortcuts will be left behind. If you want to thrive in the modern economy, you need to put in the work, capture attention, and refuse to quit.
You should read this article
