3 Ways To Become A Millionaire

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  • čas přidán 8. 09. 2024

Komentáře • 876

  • @kevinduffy4895
    @kevinduffy4895 Před 5 lety +918

    I watched one of your videos last year toward the end of the summer and started a lawn care service. now this summer I got my LLC and business license and a separate account and I have 43 accounts now. I just want to say thank you and you are awesome. I probably wouldn't be here if it weren't for your advice and encouragement. You are highly appreciated

    • @NateOBrien
      @NateOBrien  Před 5 lety +98

      Kevin I am so happy for you! I am very impressed that you were able to pick up 43 accounts so quickly, many of those customers will likely be long term. Wishing you the best of luck, you can accomplish anything you put your mind to

    • @marianaavalos2948
      @marianaavalos2948 Před 5 lety +23

      Damm I’m gonna start paying attention to Nate

    • @samione
      @samione Před 5 lety +3

      You mean 43 clients?

    • @abdifatahgaming4
      @abdifatahgaming4 Před 5 lety +3

      @@samione
      Where are located mate ?
      ASU

    • @Kingjimmy181
      @Kingjimmy181 Před 5 lety +4

      @@samione each client or customer receives an account to be billed for services received...

  • @harrychufitness
    @harrychufitness Před 4 lety +217

    @1:09 inherit money
    @3:01 build a business
    @6:58 master your craft
    @8:55 smart investments

  • @RodasYonass
    @RodasYonass Před 5 lety +1222

    The most accurate statement ever, "there is a difference between becoming a millionaire and making a million dollars "

    • @NateOBrien
      @NateOBrien  Před 5 lety +124

      There really is.. The gov. will take about half

    • @samueljwilson418
      @samueljwilson418 Před 5 lety +12

      @LuX I guess you guys have a worse view of tax in the US than here in the UK

    • @anonymousblack1738
      @anonymousblack1738 Před 5 lety +3

      @LuX yeah they take money from us

    • @meetimian3383
      @meetimian3383 Před 5 lety +2

      @@anonymousblack1738 so in US, they take half of your wealth as tax?

    • @anonymousblack1738
      @anonymousblack1738 Před 5 lety +6

      @@meetimian3383 well just an example if you win the lottery like a million dollars the government will take half of that.

  • @WhiteBoardFinance
    @WhiteBoardFinance Před 5 lety +265

    The Chris Hogan book is a modern day "The Millionaire Next Door". Very enlightening video as usual. $1M isn't a lot of money anymore, $5M is the new "millionaire" in my opinion. Great video Nate

    • @NateOBrien
      @NateOBrien  Před 5 lety +24

      Very very true

    • @androidgokil7981
      @androidgokil7981 Před 3 lety +4

      Now $10M

    • @saptab1344
      @saptab1344 Před 3 lety +6

      @@androidgokil7981 nah 10 is a lot, more likely 3 mil after the inflation

    • @lukevo6485
      @lukevo6485 Před 3 lety +4

      sorta of depends on your lifestyle.. 2 million if you live conservatively.

    • @albertmartinez6191
      @albertmartinez6191 Před 3 lety +1

      Im enlisted active duty so $1M is definitely a lot to me. 😳 like i just need the knowledge

  • @NateOBrien
    @NateOBrien  Před 5 lety +200

    1,000 likes and I'll release 3 more videos this week! Thank you for supporting the channel!

    • @Fodhilallia
      @Fodhilallia Před 5 lety

      God bless you no one share this amount of info for free

    • @justintaylor-moneymindset4073
      @justintaylor-moneymindset4073 Před 5 lety

      3 more videos this week?? Damn you’ve been busy bro!

    • @jarinjackson5936
      @jarinjackson5936 Před 5 lety

      Wish I could give you two of them. Love your work :) I’m already working from home and on my way to achieve my dream

    • @Fodhilallia
      @Fodhilallia Před 5 lety

      @@jarinjackson5936 what job are you working online since i tried alot of things but it didnt work in my country

    • @jarinjackson5936
      @jarinjackson5936 Před 5 lety

      I am a self employed closer. Not something I would recommend for everyone though. Find your strengths and work with them.

  • @serg_lupescu
    @serg_lupescu Před 5 lety +463

    Build a business. Period. Real estate invest after starting a business.

    • @jreyes2822
      @jreyes2822 Před 5 lety +7

      Serg Lupescu are u a millionaire??

    • @i_am_chronic3997
      @i_am_chronic3997 Před 5 lety +1

      Yes man 👍

    • @bigdawgkeef380
      @bigdawgkeef380 Před 5 lety +4

      Serg Lupescu stock invest is better look at warren buffet

    • @Horroractress
      @Horroractress Před 5 lety

      Yep.

    • @nutty4825
      @nutty4825 Před 5 lety +33

      @@bigdawgkeef380 I'm not trying to be rich at 90 years old when I cant do shit and die

  • @nungacynderilla5095
    @nungacynderilla5095 Před 4 lety +84

    So typically
    -inheritance
    -starting a business
    -invest in school
    -invest in crypto currency...
    Very smart..

  • @DanielIles
    @DanielIles Před 5 lety +20

    I consult business owners and agree, building a business big enough is the simplest way to get to 1 million. I know a guy that hauls gravel and makes 300k/ year net. Two full time employees, himself, a few trucks and a government contract he fought hard to get.

    • @amolgill7480
      @amolgill7480 Před 5 lety +1

      Daniel Iles That’s Amazing. So he has a business with two trucks and has routes?
      That’s amazing. Can you explain how he started??

    • @DanielIles
      @DanielIles Před 5 lety +2

      Elite Investor he has a government contract that has him working delivering gravel to different projects. He started out plowing snow in the winter and grading roads in the summer. He eventually saved up enough for a large 9 yard grader and a few dump trucks. Since getting the gravel work (and purchasing a gravel pit) he has only done that.

  • @nicola-socialmediasuccess8687

    A lot of millionaires are so by savings a lot and they don't live like millionaires

    • @NickOloteo
      @NickOloteo Před 5 lety +23

      Nicola - Business Tips For Success or are they?
      Someone who looks like a million bucks and is broke isn’t living like a millionaire 🤔

    • @qlus
      @qlus Před 5 lety +12

      @@NickOloteo that wasn't their point

    • @NickOloteo
      @NickOloteo Před 5 lety +2

      Kamal Q or is it?

    • @Loso561
      @Loso561 Před 5 lety +5

      The Dave Ramsey Way

    • @fredtalk5736
      @fredtalk5736 Před 5 lety +12

      Last time I checked, most people who make or have a lot of money, do in fact live like they do. Big house, multiple cars, cabin on the lake. Etc.

  • @AMIRBENDABI
    @AMIRBENDABI Před 5 lety +175

    One thing you guys need to be aware of: You need to put the hard work first before you can expexct the results.

    • @brandonagil6397
      @brandonagil6397 Před 4 lety +5

      Bitcoin millionaires are laughing all the way to the bank

    • @milk5002
      @milk5002 Před 4 lety +5

      The Goodside hard work for people who don’t get lucky. People born rich will never work hard

    • @NetSkillNavigator
      @NetSkillNavigator Před 4 lety

      @@Zeuswashington If you wanna become one then this comment is valid. "Already" rich people don't need to hard work much because they'll just delegate it and most of the time their work is executive decision-making to stay relevant in the marketplace.

    • @seanc2430
      @seanc2430 Před 3 lety

      Try pie network its free crypto currency that you can mine right now use invite code noobmasterson

  • @chrisglaze1410
    @chrisglaze1410 Před 5 lety +308

    Spend less than you make and invest the difference. Simple as that.

    • @NateOBrien
      @NateOBrien  Před 5 lety +35

      Keeping it simple, yes

    • @overthinkerblue4637
      @overthinkerblue4637 Před 5 lety +22

      Stop buying stupid stuff that you don’t need.

    • @cameashapowell1961
      @cameashapowell1961 Před 5 lety +3

      Investing With Chris invest in what???

    • @chrisglaze1410
      @chrisglaze1410 Před 5 lety +11

      Cameasha Powell The stock market, real estate, a business. I lean towards the stock market because it’s the easiest to implement, especially for beginners. S&P 500 index fund is my favorite

    • @Fittnesj
      @Fittnesj Před 4 lety +2

      Be a producer, not a consumer

  • @staceylynn1208
    @staceylynn1208 Před 5 lety +558

    take out loan of 1 million and immediately file bankrupt

  • @viktoriya2145
    @viktoriya2145 Před 5 lety +253

    instantly became a millionaire by watching this video

    • @KueeRambles
      @KueeRambles Před 5 lety +15

      You got 1Million of 0$

    • @carlo3953
      @carlo3953 Před 5 lety +5

      Hey you're the girl who interviewed Graham right? Great job on the video!

    • @inspiradorupees3029
      @inspiradorupees3029 Před 4 lety +1

      Omg you’re right, I looked at my bank account and a million was deposited to me after watching this video!

    • @paulwalker9124
      @paulwalker9124 Před 4 lety

      viktoriya number send

    • @victorespinoza7753
      @victorespinoza7753 Před 4 lety +1

      Excellent Video! Forgive me for the intrusion, I would appreciate your initial thoughts. Have you ever tried - Schallingora Brain Reconstruction Scheme (do a search on google)? It is a great exclusive product for learning how to acquire the mind of a millionaire without the hard work. Ive heard some great things about it and my close friend Aubrey got astronomical results with it.

  • @xertionn
    @xertionn Před 5 lety +73

    @11:24 "If you found any value in this video, thanks for watching"
    Sometimes I wonder if he knows what he's saying 😂
    Still dropped a like though.

  • @valdemarjohansen9340
    @valdemarjohansen9340 Před 4 lety +57

    A very good video, spending less and investing is a really good way to become a millionaire. It important you know how to manage money and also budget how you spend it, also having multiple income streams helps you become a millionaire faster.

    • @stevencho7312
      @stevencho7312 Před 4 lety +11

      Nate's videos are always Inspiring, becoming a millionaire is not the dream but keep making millions is.

    • @youngwolf2526
      @youngwolf2526 Před 4 lety +5

      That true, I already feel motivated✓✓✓

    • @michealvaughan8089
      @michealvaughan8089 Před 4 lety +2

      @@youngwolf2526 let's make some millions 😀

    • @ahanareyansh2713
      @ahanareyansh2713 Před 4 lety +1

      I have work two jobs to be able to meet up financially.

    • @shirleybraxten8169
      @shirleybraxten8169 Před 4 lety

      My main source of income has been my monthly pay check, am willing to take baby steps towards investing but don't know how to go about it.

  • @thatchannel4600
    @thatchannel4600 Před 3 lety +66

    I’m currently 16, I’ll be 17 in December and most things requires 18 or do with a parent . Are there any options for investing or income that doesn’t require either of those two things?

    • @Nate-ik3bn
      @Nate-ik3bn Před 3 lety

      I agree because most things check your social security

    • @thatchannel4600
      @thatchannel4600 Před 3 lety

      @God Bless America
      Whoa that’s sick bruh🤩 I have never had a services of a Tier 2 account, but can I trust him ?!!😤

    • @harveya.hendrix5647
      @harveya.hendrix5647 Před 3 lety

      @God Bless America Well I’m quite older than you all and also have a social security but I’m need
      of this Tier 2 account manager services!!

    • @thatchannel4600
      @thatchannel4600 Před 3 lety

      @God Bless America Seen thanks I send him a mail immediately.

    • @harveya.hendrix5647
      @harveya.hendrix5647 Před 3 lety

      @God Bless America thanks 😊

  • @sanoski24
    @sanoski24 Před 5 lety +14

    Love how possible it is for anyone to start their own business! I have been buying and selling used clothes online for a few years now, and it is crazy how much money a simple idea like this can bring in. Great video!

  • @ZacharyLaid
    @ZacharyLaid Před 5 lety +387

    Become a millionaire by making $1 a million times.

    • @NateOBrien
      @NateOBrien  Před 5 lety +79

      one million $1 hot dogs

    • @tuongtran4862
      @tuongtran4862 Před 5 lety +3

      Zachary Laid Finding Freedom Counterfeiting!!!!!💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵

    • @jpwall
      @jpwall Před 5 lety +5

      I've seen people asking for 50c-$1.00 from passers by. At the end of the day they could bank it... Not sure if it's legal though. It would take a long time.

    • @utravel2546
      @utravel2546 Před 4 lety +1

      Love this perspective!!! ❤👌

    • @jackholmes5588
      @jackholmes5588 Před 4 lety +1

      Cryptocurrency especially bitcoin which is a secure global and digital currency has claimed the interest of investors around the world and this is so because it is open to everyone and provides an exciting oppurtunity to delve into an entirely new asset class.

  • @cadeorsak5695
    @cadeorsak5695 Před 5 lety +49

    Nate do you currently have any other businesses outside of youtube? Would be cool to see a video over them if you do!

    • @norkagonzalez3408
      @norkagonzalez3408 Před 4 lety

      I've been researching into success and found an awesome website at Wilfs Wealth Tactic (google it if you're interested)

  • @olderalen
    @olderalen Před 5 lety +93

    just made 4 billion thank you

  • @AlvinJing
    @AlvinJing Před 3 lety +7

    Start your first move and become consistent and better at what you are doing. Everybody knows the theory, it's the one who executes becomes millionaires.

  • @commonsenseamerican6702
    @commonsenseamerican6702 Před 5 lety +3

    When I say your ROTH IRA video you actually made me take the leap and max it out at 19 years old. You're having a positive effect on a lot of people!

  • @techbellcs
    @techbellcs Před 5 lety +25

    “Do what you LOVE and the money will follow.” 😃

    • @ocularorb4021
      @ocularorb4021 Před 5 lety +3

      I love sitting around playing video games all day

    • @leocelcelina8211
      @leocelcelina8211 Před 5 lety

      RedRhett then try to be a let’s player idk

    • @nancypetry6820
      @nancypetry6820 Před 4 lety

      That's not always a good idea because I love to play the lottery and go to the casino..well, you said do what you love. But since I'm
      "old" I feel I don't have much to lose. As far as playing video games, I'm sure there are ways to make money at that if you can design some, etc.

    • @twincherry4958
      @twincherry4958 Před 4 lety

      La la land

    • @ten90lifestyle96
      @ten90lifestyle96 Před 4 lety

      Yes.

  • @mariebernadettte
    @mariebernadettte Před 5 lety +14

    You are the best. I swear. So glad your channel exists ☺️

    • @NateOBrien
      @NateOBrien  Před 5 lety +3

      Thank you for those very kind words. Glad you enjoy my videos!

  • @overthinkerblue4637
    @overthinkerblue4637 Před 5 lety +563

    The fastest way to be a millionaire is, don’t get married and don’t have kids.

  • @Lisa.M.J
    @Lisa.M.J Před 5 lety +2

    When you brought up inheritance it made me think about the all the people I know who suddenly came into wealth, and just as quickly lost everything. Most people want to learn how to make more money, but few have a plan for keeping it, building it, or dealing with the social dilemmas that come with it. I’ve noticed both this, and the ‘poverty mind set’ to be substantial hurdles in wealth building. If other people were interested, I’d love to hear your thoughts on this in a future video.

  • @beaglybeagle
    @beaglybeagle Před 4 lety +2

    The key to becoming a millionaire---is OPM: 1) margin 2) leverage and 3) arbitrage..if you can do it

    • @TheApexEntrepreneurs
      @TheApexEntrepreneurs Před 4 lety +2

      and SCALABILITY! if you keep exchanging your time for money, you will not become a millionaire.

  • @dianer8881
    @dianer8881 Před 3 lety +1

    For nursing, a 2-year degree may be sufficient. If you earn more, you pay more taxes. The difference between 40 hours and 32 hours is only the next tax bracket and more taxes; no extra profit.

  • @arabiangulf4667
    @arabiangulf4667 Před 3 lety

    I've listened to this every day since I heard it. Wow, how powerful. Thanks Abraham and thanks Esther. You are wonderful beings and greatly appreciated. Please say hi to Dr. Wayne for us. We miss him.

  • @wallstreetkindergarten2953
    @wallstreetkindergarten2953 Před 5 lety +86

    Number 4: Invest 1 billion in Tesla.

    • @NateOBrien
      @NateOBrien  Před 5 lety +29

      That may or may not make you a millionaire

    • @Bionicleforever
      @Bionicleforever Před 5 lety +30

      Well you would already be a millionaire if you can invest that much

    • @S4intOfM3rcyCOC
      @S4intOfM3rcyCOC Před 5 lety +21

      After a few years, you’ll go from billionaire status to millionaire if you invest in Tesla 😂

    • @jaredvalisno7762
      @jaredvalisno7762 Před 4 lety +3

      Fck that you would be billionaire if you invested it last year and sell it last month

    • @sammyruncorn4165
      @sammyruncorn4165 Před 3 lety

      @James Wayne
      You really have to look up ponzi scheme....

  • @amherst2013
    @amherst2013 Před 5 lety +7

    Hi nate I agree with what you are saying but how do you create your own business?

  • @jasonmartinez1703
    @jasonmartinez1703 Před 3 lety +1

    Options
    1. Inherent money
    2. Start a business / real estate
    3. Collage MBA
    4. Investing in business

  • @sparkyndroopy
    @sparkyndroopy Před 5 lety +2

    Wow I played one of ur videos , now I can’t stop watching them , I just want to learn more and more and more!

  • @blackperson8170
    @blackperson8170 Před 3 lety +1

    This is the only video that actually tells me how to be a millionaire

  • @collinsa8909
    @collinsa8909 Před 5 lety +1

    you made a valid point most book authors deny just so they can sell more books: good jobs can make you very rich and return many times over their cost in d long run. very candid point

  • @janaalali9747
    @janaalali9747 Před 4 lety +1

    Money isn't everything live is what matters

  • @RayBetterThanEvilCanival
    @RayBetterThanEvilCanival Před 5 lety +1

    Nate I love your videos man, but I really think you understated the risks of opening a business. About half of small business fail in the first 5 years, and unless you incorporate you don’t have “very little potential of losing”, you have UNLIMITED potential of losing because you have unlimited liability. Please be careful with your wording, but keep up the great work!!

  • @ChrisInvests
    @ChrisInvests Před 5 lety +23

    Invest $3 per day over a long period of time 😀💵👍

    • @NateOBrien
      @NateOBrien  Před 5 lety +20

      Imagine if you 10X that to $30 a day

    • @mrj1299
      @mrj1299 Před 5 lety +1

      @@NateOBrien True. 90$ is not that much. but it is a good start. :-) i know soooo many people who save/invest literaly nothing...

    • @Sage_Zero0
      @Sage_Zero0 Před 5 lety

      Into what?

    • @mrj1299
      @mrj1299 Před 5 lety

      @@Sage_Zero0 In your self :D

    • @ChrisInvests
      @ChrisInvests Před 5 lety +1

      Jeremy Dotson index funds, stocks, real estate 🏡

  • @dynastus
    @dynastus Před 5 lety +8

    Great video with excellent points. Business doesn't always have to be on the 'Amazon' level as a lot of people think. It can be something as simple as taking your trade skill/craft and setting out on your own. I know a great many tradespeople who clear 6 figures a year easy.

  • @chachingfm
    @chachingfm Před 5 lety +2

    While I do believe an MBA degree does offer value to certain people the market is getting flooded with people with masters degrees and MBA, especially in the business field so it’s not commanding as much salary unless you can find the right position

  • @christianzambrano4471
    @christianzambrano4471 Před 5 lety +2

    That first part, making 1 million dollars and only getting "half" after taxes does not mean that you are NOT a millionaire. You can make $500k in profit and still be a millionaire. The way forbes calculates networth is by adding the VALUE of your shares in a business as your assets. Lets say that business that makes $500k a year after taxes is worth 1.5M (if you were to sell it, this would be the price) and you own 100% of the business, then you are a millionaire!

  • @Namnamnam93
    @Namnamnam93 Před 4 lety +5

    Thank you for all your advice I appreciate you

  • @joekim4345
    @joekim4345 Před 3 lety

    agree with everything u said, mentioning MBA. MBA is probably the worst way to " master your craft".

  • @TheJman16165
    @TheJman16165 Před 4 lety +1

    I had a dream about being a millionaire and came to this video. Thanks for the tips. I'm subscribing to you because you always have such good financial advice.

  • @TeamBooBear
    @TeamBooBear Před 5 lety +1

    really appreciate your videos and advice since I'm super new to managing my personal finances. I think a big advantage of your channel is that you're young and you explain everything in a simple and understandable manner. That makes personal finance and investment less intimidating for people (like me) who don't own degrees in business or finance but still want to keep up

  • @elementnature3966
    @elementnature3966 Před 4 lety +1

    You are my financial blessing ! Thank you for making things easy. Often we feel uncomfortable to even think about investing and business becose we don't undestand the language those people talk (specific vocabulary) you make me feel clever and capable of every success that I want in the financial field by making thing easy, simple and clear.

  • @EngrDJDebug
    @EngrDJDebug Před 2 lety

    Nate did you try out those techniques and did it work?

  • @paradisemusiclibrary1756
    @paradisemusiclibrary1756 Před 2 lety +1

    All who read this will now be blessed with financial security and abundance in all areas of your life. You are an amazing being. You are very important to this planet. Be happy and shine! ⭐🙏💖

  • @rhymesbauthenticmusic
    @rhymesbauthenticmusic Před 3 lety +2

    Great advice. I will definitely put it to use. Thank you.

  • @newyorkcitydaily7669
    @newyorkcitydaily7669 Před 5 lety +1

    I have so much respect for you Nate. I wish they thought us these valuable lessons in schools given the amount of money and time we spend in these institutions.

  • @Glotalaya
    @Glotalaya Před 4 lety +3

    this was very helpful just bought a vegan cafe for 8000 pounds in my town and so far it's going alright it's a lot of hard work tho, I was lucky to get it and the location that it's in can't be any better it's surrounded by office buildings if all goes well i might even open another one it's called the plant in sheffield if anyone is wondering ;)

  • @mothepro2167
    @mothepro2167 Před 4 lety +1

    I've been watching your videos for the last few days and I must say I became really addicted to them. I just finished secondary school (high school) and I want to start a business but I have no clue about stocks and so much more about business, because I did all science in school. Do u mind becoming my mentor 👉👈

  • @RealLifeMoney
    @RealLifeMoney Před 5 lety +3

    Starting as soon as we can to utilize time in our favor is very important 👌

  • @jamielstrickland8423
    @jamielstrickland8423 Před 5 lety +4

    Business is best to really make money. Real Estate is the best investment for your money. Good video, I can help people with real estate through knowledge but we all have to take the time to master our craft.

  • @RafReyes1993
    @RafReyes1993 Před 2 měsíci

    My Venus is not in Capricorn but I always feel like I want to be a partner. Def not a leech. I hope you understand why I need some time for myself. (I mean I'm not yet ready to interact with you in a conventional way) I don't feel good when I feel like I'm not contributing anything to a relationship or I prefer to call it PARTNERSHIP.
    That's why I often ask what do you need from me because I want to feel needed. I want to feel like I'm doing something for my partner and the relationship itself.
    I don't literally need to be a dollar millionaire asap. But I just need to have some sort of certainty on my finances.
    I have a lot of receivables now. I can't disclose how much in total until they are all reflected on my local bank account.
    I APPRECIATE you BIG TIME for always being there for me while I'm trying to improve myself.

  • @hourly2722
    @hourly2722 Před 4 lety +1

    I have followed all the steps in this video and am beginning to see changes

  • @brianpfeiffer
    @brianpfeiffer Před 5 lety +4

    Yeah brother investing in my self and my business atm keep me coming 📈😉

  • @leifc.6045
    @leifc.6045 Před 5 lety +8

    #4 go dumpster diving and sell junk and then invest on the $$$ you sold. #5 Take a small loan of a million $$$.

  • @jasoncarmichael4923
    @jasoncarmichael4923 Před 5 lety +1

    What businesses should you invest in? And how much can you start with. Thanks for the great videos. 👍🏾

  • @alifrahamat620
    @alifrahamat620 Před 5 lety +2

    Brother can you teach us how to start a business and can you also give a example?

  • @Noah-tq7bi
    @Noah-tq7bi Před 5 lety +46

    1st strategy to become a millionaire: do whatever Nate says 😂

  • @noahyannis2465
    @noahyannis2465 Před 5 lety +5

    What business should I start when I have no marketable skills and talents?

    • @Lebacbemti
      @Lebacbemti Před 5 lety +1

      None.

    • @testinggrounds6929
      @testinggrounds6929 Před 5 lety +2

      painting houses , nobody wants to paint, in my area its hard to even hire one, not much skill required to paint

    • @Defy_Convention
      @Defy_Convention Před 5 lety

      @@testinggrounds6929 I second this, I paint apartments and townhomes and made 63.8k last year working 35 hour weeks

    • @testinggrounds6929
      @testinggrounds6929 Před 5 lety

      @@Defy_ConventionConvention that's pretty awesome! Especially working less than 40 hours a week.

    • @Defy_Convention
      @Defy_Convention Před 5 lety

      @@testinggrounds6929 it's really not a bad gig there's a certain degree of "freedom" not going to the same office every day and working the same hours.
      As far as finding a painter, next time go to a hirshfields or sherwin williams and look for an area where multiple business cards are hung on the wall and call a few for estimates and pictures of past projects.

  • @thesimplehuman1280
    @thesimplehuman1280 Před 5 lety +3

    So simple yet so powerful . Thanks

  • @MarkDeGuzman99
    @MarkDeGuzman99 Před 4 lety +4

    Great video, hopefully, several of us will be able to achieve that goal in the future.

    • @ten90lifestyle96
      @ten90lifestyle96 Před 4 lety

      It’s all a mindset my friend. If you believe it and do it. It will happen

  • @BulletGramm
    @BulletGramm Před 5 lety +4

    What are your views on investing in a start up that you believe will be successful?

  • @Catfesty
    @Catfesty Před 5 lety +27

    I will say straight facts so listen carefully
    You can’t become a millionaire slowly you have to do it fast

  • @kankerdoodleb9149
    @kankerdoodleb9149 Před 5 lety +2

    Thanks for another great video Nate..I'm spending my day off working my side hustle (dyeing wool for rug hookers) so tomorrow I can sell it for $$$...some of these primitive crafters have money to burn...plus they are fun! Keep up the great work...

  • @mc4952
    @mc4952 Před 3 lety +1

    I’m a teenager foreigner in Japan , I’m still never giving up to be Lawyer in the future

  • @kadenlosee3603
    @kadenlosee3603 Před 5 lety +7

    Do you become a millionaire when you have $1mil in the bank or when you have made $1mil total in your career?

    • @dritiger1849
      @dritiger1849 Před 5 lety +1

      Both

    • @NateOBrien
      @NateOBrien  Před 5 lety +8

      Many people have earned over $1 million in their lifetime yet they struggle to afford car payments. I classify a millionaire as someone who has net worth upwards of one million

    • @ten90lifestyle96
      @ten90lifestyle96 Před 4 lety

      Your net worth. So essentially if you have no debt (liabilities) and over 1million in assets then you’re considered a “millionaire”

  • @theclothingcottage
    @theclothingcottage Před 9 měsíci

    I think one thing you didn't say is that, although you may be able to make more money in a business than in the stock market, how many people have done that historically? So that doesn't measure any risk involved in running your own business, while historically the market is consistent. People fail in business and lose money much more often than they succeed. So this is a better strategy only if you are one of the ones who succeeds.

  • @TheWealthPrince
    @TheWealthPrince Před 5 lety +22

    4th way, run a cartel! jk haha

    • @xmast3rZx
      @xmast3rZx Před 5 lety +5

      that's what he meant by "start a cash business"

    • @kali8948
      @kali8948 Před 5 lety +1

      The Money Management I wish 😂 I don’t think I can survive in jail or on the street 😂

    • @4izzkhan
      @4izzkhan Před 4 lety

      Unless...

    • @holasoyalejandro9822
      @holasoyalejandro9822 Před 4 lety

      you aren’t wrong

    • @TheWealthPrince
      @TheWealthPrince Před 4 lety

      HolaSoyAlejandro haha I know! I actually made a similar video and added that in as a joke

  • @sfetterly6200
    @sfetterly6200 Před 5 lety

    Rich people make investments, poor people go shopping. Sure I must buy what I need, but I buy the lowest cost items usually in bulk and on sale to meet my needs or I do without. I live like I'm extremely poor and watch my investments grow. I'm trying to buy 40 acres right now and will turn that investment into a steady income for me and 3 of my sons. I'm about to turn 60 and my working days are very nearly over ... it's time for my money to do 90% of the income generating ... I'm tired and it's time for me to retire to 1 business instead of 3.
    Thanks for the video, most of what you say is true, but are you living it??? I've got 6 adult kids, 11 grandkids and they need to learn working, investing.

  • @jefflimitless1
    @jefflimitless1 Před 3 lety +1

    Hey Nate, big fan love all of your content keep up the great work! Quick question what style/ size is your gold bracelet, I am looking into getting one?

  • @benkane5260
    @benkane5260 Před 3 lety +2

    But that $100 dollars compounding annually at 15% (which is very high though) would be 26,000 in 40 years, enough to buy plenty of big macs.

  • @willingtonannor4459
    @willingtonannor4459 Před 3 lety +1

    Your videos are great,straight to the real business🔥❤

  • @Valent_Nomad_vlog
    @Valent_Nomad_vlog Před 2 lety

    Being satisfied with what you already have is more important than getting more of what you want 😀

  • @sarangbalakrishnankp99
    @sarangbalakrishnankp99 Před 2 lety +1

    How u can say invest is for from0 starters

  • @dianer8881
    @dianer8881 Před 3 lety +1

    However, it's impossible to save for assisted living. The inflation rate is too rapid and too high. Investments will never keep up.

  • @kali8948
    @kali8948 Před 5 lety +6

    I wonder how much would you charge for mentoring ?
    Rgds,
    Greetings from Canada

  • @danghuynh3810
    @danghuynh3810 Před 4 lety

    This is the most realistic advice I have heard so far.

  • @ingore9021
    @ingore9021 Před 3 lety

    My guy use the YTA-method, it brings in the big bucks like crazyyyyy.

  • @niemandnooitniet7740
    @niemandnooitniet7740 Před 3 lety

    I think that you left out the best way to become a millionaire and never having to do anything for it ever again and that’s real estate. You said it reall quick and that’s it. Think you under-rated it. Ofcourse it might be a personal preference

  • @dropperboy1051
    @dropperboy1051 Před 4 lety +7

    im just watching this so i could make some money to buy the ps5 😂😂😂

  • @dianer8881
    @dianer8881 Před 3 lety +1

    How many cups of coffee did you just have?

  • @narutovskiba88
    @narutovskiba88 Před 3 lety

    Nate and the minority mindset are probably the only 2 that are trustworthy. May the fortune be with you, my friend

  • @bagery
    @bagery Před 5 lety +2

    One million is still more than enough for me. I'm not greedy, nor do I live to work. Thank goodness.

    • @Spidr-Man
      @Spidr-Man Před 5 lety

      But how many years that million will last you? Lol

    • @bagery
      @bagery Před 5 lety

      @@Spidr-Man A good long time while also earning interest for those to which I leave the rest. Thanks for your concern! Check out retirement calculators and compound interest for more info.

    • @inspiradorupees3029
      @inspiradorupees3029 Před 4 lety

      Spider-Man All you need to do is reinvest like 20% of the million and you can live off the gains for life

  • @narcabusevictimgermany9687

    What about Skills, Connections, Talent and Investment and hard work =Millionär?

  • @melissawjoy522
    @melissawjoy522 Před 4 lety +1

    learning how to trade the stocks or currency market from the comfort of your home can also make you that million.

    • @bnathanielchris
      @bnathanielchris Před 4 lety

      It's difficult to pull a good win trading forex without experience in the field

  • @mrlaventino6497
    @mrlaventino6497 Před 5 lety +1

    Thank you for providing value into my life ,thanks Nate !

  • @x-31mej0r-5
    @x-31mej0r-5 Před 5 lety +2

    What are your thoughts on these ETF's VTI, VYM, VGT, VPU???

  • @aswdnoskop9509
    @aswdnoskop9509 Před 5 lety +8

    I'm going to be a thousand now and the next 13 years

  • @PassiveIncomeTom
    @PassiveIncomeTom Před 5 lety +1

    Thx for sharing this and I agree. Building a business has so many benefits.

  • @amaris5145
    @amaris5145 Před 4 lety

    Hi Nate! Would you mind doing a video on high income skills and trades that people can get into and make alot of money with such as studying construction and using that skills to start a business, web development, or welding or something

  • @emilydelacruz1591
    @emilydelacruz1591 Před 4 lety +2

    I seriously want to be a multimillionaire but I don’t have any business ideas 😭😭

  • @heactordofus6137
    @heactordofus6137 Před 4 lety

    I watched this video last year and today i reached my first million dollars thanks to you ... seriously people u trying to become millionnairs and u watching videos on youtube to do that ?

  • @DrBretPalmer
    @DrBretPalmer Před 2 lety

    Great video. Out of interest does your business own the stocks and shares or did you take a dividend, then pay tax then buy shares?
    Just wondering for the future 👍😃

  • @Juan-md5fb
    @Juan-md5fb Před 4 lety

    "Self made". People tend to through that around to much.. Not saying you did(love your videos btw). I went to a very high profile HS and most of my class mates parents where not millionaires but still brought in well over 500k. My classmates didn't inherit money but there parents paid for everything, paid for there college, cars, vacations etc. So they got good jobs after college and make lots of money now and they claim they are "Self made".. They're not. I was the poor kid at school and was only there bc my parents worked there asses off to send me there. I paid for books, car, insurance etc I went to college paid for it myself and with some financial aid. Went to the fire academy and became a fire fighter. I consider myself made.

  • @gunneddown
    @gunneddown Před 4 lety +1

    Currently invested in crypto.. when you mentioned it I was ecstatic! High risk high reward bur I'm willing to take it!

  • @thaiscarvalho7158
    @thaiscarvalho7158 Před 3 lety +19

    A friend of mine started bitcoin trading and became a millionaire in 2 years, I've joined him and I'm earning between $6k to $11k weekly depending on my capital

  • @PJP444
    @PJP444 Před 5 lety +1

    Average salary for MBA is not 145k/yr. Where did you get that info..?