At nineteen, Nathan Latka founded a software company, Heyo, with $119 in his bank account. Five years later, it was valued at $10.5 million. He doesn’t consider himself exceptionally brilliant.

He just realized something few people know: you don’t need lots of money or an original idea to get really rich. Now he makes more than $100,000 in passive income every month while also running his own private equity firm and hosting The Top Entrepreneurs podcast, which has more than 10 million downloads.

He is also the star of the hit FB Watch show “Latka’s Money” (more than one million viewers tune in every episode).

Nathan and I sat down to chat about his book: “How to Be a Capitalist Without Any Capital,” which recently hit number 3 on the Wall Street Journal Bestseller List.

In our chat, he raises the question: Is goal setting a bad thing? He proposes that it creates a golden egg scenario.

Nathan says what you should actually be doing is creating systems. Systems create an inflow, rather than just a single achieved goal.

Nathan Latka sits down with me, Jeremy Ryan Slate, on the latest episode of the Create Your Own Life Show.