Chapter
The Harsh Truth About Earning Millions
09:57 - 13:57 (04:00)
Earning a million or two a year is typically reserved for bankers, consultants, self-employed doctors, and lawyers. Accumulating 10 to 20 million dollars without selling an asset is almost impossible, and it could take around 15 years to save 10 million dollars if one is spending 25 thousand dollars a month on living expenses.
Clips
It takes approximately 15 years to save up ten million dollars if you make 1.5 million dollars a year and have living expenses of 25,000 dollars per month.
09:57 - 11:31 (01:33)
Summary
It takes approximately 15 years to save up ten million dollars if you make 1.5 million dollars a year and have living expenses of 25,000 dollars per month. It might be impossible to achieve without receiving a large sum of money from parents or investing in a high-income job.
ChapterThe Harsh Truth About Earning Millions
EpisodeThe New WeWork, How to Make $10M In 3 Months, and More
PodcastMy First Million
If you want to earn a million to two million dollars a year, banking or consulting might be the best jobs for you.
11:31 - 13:00 (01:28)
Summary
If you want to earn a million to two million dollars a year, banking or consulting might be the best jobs for you. Alternatively, you could be self-employed as a doctor or a lawyer, or own a small business.
ChapterThe Harsh Truth About Earning Millions
EpisodeThe New WeWork, How to Make $10M In 3 Months, and More
PodcastMy First Million
The speaker shares his realization that there is an incredible amount of money and opportunity available in the world, citing astronomical rent costs as an example.
13:00 - 13:57 (00:57)
Summary
The speaker shares his realization that there is an incredible amount of money and opportunity available in the world, citing astronomical rent costs as an example.