Introduction
When Harley Finkelstein, the President of Shopify, shared his approach to building wealth, many were shocked to learn that his success wasn’t built on big investments or extravagant risks. Instead, it came from a simple but powerful habit: investing in himself, one Starbucks coffee at a time.
The Simple Investment Strategy
Finkelstein’s wealth-building story is not what you’d expect from a typical billionaire. He didn’t inherit his fortune, and he didn’t make big, risky bets. Instead, Finkelstein turned a small, consistent action into a pathway to wealth. By setting aside the cost of a Starbucks coffee each day and investing that amount, he slowly built up a portfolio that has now made him a multi-millionaire.
Consistency Over Time
The magic in Finkelstein’s approach lies in the principle of consistency. By investing just $5 a day—equivalent to the cost of a typical Starbucks coffee—he was able to accumulate significant wealth over time. His strategy isn’t about the size of the investment but rather the power of doing it consistently. Over time, these small contributions grew, creating exponential returns.
The Power of Compounding
Finkelstein’s strategy leveraged the concept of compounding—making small, consistent investments and allowing them to grow. The beauty of compounding is that as the money grows, the returns themselves generate further returns. This approach is one of the cornerstones of wealth-building and a strategy that can be applied by anyone, regardless of income or resources.
Lessons for Everyday People
The most valuable lesson from Finkelstein’s wealth-building strategy is that anyone can start, no matter how small the amount. Whether you’re investing $5, $50, or $500, the key is to start and be consistent. Finkelstein’s story shows that it’s the small, everyday choices that add up to something big.
What Can You Do with Your Small Investments?
Finkelstein’s advice goes beyond just financial investment. He emphasizes the importance of investing in your personal growth and development. Just like how small investments can grow your wealth, small investments in improving your habits, mindset, and skills can lead to big results in your career and personal life.
Conclusion: Take Action Today
Finkelstein’s story proves that wealth doesn’t always require a fortune to get started—it requires a mindset shift and consistent effort. Whether it’s investing in stocks, learning new skills, or improving your habits, small actions over time can add up to massive rewards.
If you want to start building your own success, the Life Planner app can help you track your habits, manage your goals, and ensure you stay on track toward personal and financial growth. With features like Habit Tracking, Goal Setting, and Mood Tracking, Life Planner makes it easy to stay consistent and focused on your long-term objectives.
Ready to start your own journey to wealth? Download the Life Planner app today and start building better habits for your success. Whether you’re on Android or iOS, Life Planner is available on both platforms. Get started now: