Why Getting A Job Is A Complete SCAM
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- čas přidán 9. 05. 2019
- Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)
My Book: sidehustlebook.info
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I hated my 9-5 job! Stuck behind a computer all day. Being stuck in traffic on the way and back from work. I was miserable!
What do you do now?
@@elimarshall1497 he's in a traffic jam somewhere
@@classicartfoundation639 LOL
Same, I feel the exact same way.
🤣🤣🤣🤣🤣
Education will get you a job but self-education will make you a fortune
The Life Formula 💯
Yep!
Facts 💯
👍
Fact*
Im glad i work a 7 to 3 whew dodge that bullet!!!
I think this schedule is actually a little better because you still have a few daylight hours left to do something on the side.
Yap same here lol
Danielakasmart lol
Danielakasmart what do you do
Danielakasmart I work from 11 to 7:30 love it, so I don’t have to wake up at 5:00 am anymore
Regardless of what you do, everything comes down to knowing how to manage your money.
So that is th solution
Aman Parmar FACTS!
True and also what you do with the money you have.
@Cameron Bingo!!
Facts! My grandma always taught me it’s not what you make, it’s how you spend it. Her and my grandpa made $30k a year, that’s it and they were able to pay off a home and pay off 2 cars, zero debt, and a fat savings.
I believe a lot of Americans buy into "the college experience" rather than education itself. Most people just go to college to get drunk, sleep around and party hard, and maybe find someone to marry. Eventually they barely finish their degree find a 9-5 making 40K a year with a 30K-60K student loan and bringing that debt into to their marriage.
Ahhh you mean harnessing knowledge vs simply learning something
Sounds like a good strategy to me
I've learned more from CZcams than I've learned in 4 years getting a college degree. Higher education (in most cases) is a complete scam. Agreed! ✅
Nick Cuttonaro I agree. I feel like when I finally finished college I began learning from books and speakers
@@DanielIles The only benefit I received from my 4 year degree was living away from home, become a responsible adult, and achieving independence. The education I received was worthless, unfortunately. The success I achieved in business was achieved with self-discovery and good old fashioned hard work.
Sounds like you chose a shit degree. College isnt a waste if you major in something worthwhile.
Looks like someone didn’t get a STEM degree
Not always, I’d argue more like 25% of the time is it not worth it - people with the highest level of education move our society forward through research. You can’t conduct academic research (in the sense that you can’t be the principle investigator) without a PhD. Think about doctors, engineers, social workers, military officers, etc. There is a massive shortage of some of these workers in places like AK, USA. Even a 4 year degree in something “un-useful” can teach you to think critically & communicate if you work hard.
As a society, we just need to do a better job of helping people decide what is for them, education or working in a sector education isn’t required to be a part of. Not discourage education.
My dads a trucker who earns about $90k a year, is home every night, and gets a 3 day weekend every week. No education whatsoever.
Michael Scott and he have peace because no boss is standing over him with their demands
I average just over 60k/year rolling a fuzzy thing on walls 35 hours a week, I ain't got no book learnin either.
I recently graduated college, and I'm startimg off with 20k plus benefits.
jhoncena1111 ...$20k salary?
@@michaelscott6216 Yes. Thankfully I don't have rent to pay, just student debt. I plan on picking up a second job to reach 34k.
*_School prepares you for a 9-5, only you can prepare your self for real SUCCESS_*
Agreed. I never was a good student but learning my strengths and weaknesses on my own terms was better for me.
Proper money management with a job i think is better than no job and no income.
The Entrepreneur Channel I’ve seen TONS of people be really successful with their W2 and good spending habits
Until you lose the job
Anmol Patel I don’t have a ton of money, but what I do have are a very particular set of skills. Skills I have acquired over a very long career of job losses... 🔥💵🔒
@@anmolpatel793 True but if say for the past 5 years you bought dividend stocks, index fund, or a reit. Losing that job won't hurt as much. To make it difficult for someone to fire you diversify yourself. For example, you work at a restaurant and the manager sees you are capable of expediting, running food, bussing, make salads, etc. that would make you hard to replace. In contrast if you only know how to wash dishes then yeah you are a commodity.
Of course but just being an employee hasn't made anyone rich, ever.
Isn't it insane that the education system doesn't teach how to start businesses or invest? 🤔
They need slaves , because without slaves they don't make money and we have been stranded like sheeps.
lol I'm watching this while at a 9 to 5 job
Rebel
that is no laughing matter bro, last job i worked was costco and I got fired for taking a piss behind a trash compactor outside the building now that is kinda funny but now I make 15 grand a month with my business
JP Landscaping Proud of you
Your boss is coming
Same 😂
I agree completely. Once you start working for yourself on a business, you realize how crazy the school into a job method is. I try to tell people about entrepreneurship but people usually respond with "but that's not safe". Of course this is easier as a young man with no rent, best time to start.
^^
Being safe is for stupid people. The hard part is most ideas don’t work and your left with no money until the business takes off
I'm a Millennial. The housing market crashed as we entered the workforce. You couldn't get an entry level job without years of experience we clearly didn't have and then got victim blamed for it. Many of my peers are still in debt from a degree that was essentially useless to them and going to college was supposed to be the "safe" way to get a good full time job. Yes, if you take risks, you could lose everything. But so many of my peers and younger GenX lost everything by relying on school into a job and college. There is nothing "safe" about that method, but we have been brainwashed to believe that it's all there is for us the unwashed masses.
@mchobbit2951 it's all crazy. I've come to the realization that if I don't quit my job (first 9 to 5 in 10 years) I'll never get anywhere.
Funny thing is I'm more wealthy than huge % of people. 0 debt. home. more than 50k. but I'm losing money by losing productive daytime hours 5 days a week. f ing done
Life is far too short to revolve the entirety of your existence around making financial profit. I will always prioritize a job that I enjoy and that brings me fulfillment over a job that earns me a lot of money. My income as a scientist is fairly average, but I get to spend my days basically pursuing my hobby, so it's great!
We are all different though. My Job as a medical doctor in lower income country in Africa cannot make me enjoy it as a hobby. Good for you.
But he says he a scientist lol
People with money always have a fake false happiness and think there a life coach and smear it in . Cringe . But I’m a engineer so I don’t worry lol 😂
When you finish Rich Dad Poor Dad and realize you gotta make a CZcams video and try to convince people you are an entrepreneur.
Why are you pained?
The worst thing is the more you get paid in that 9-5 the harder you work to get another raise. Turning the job into a 9-8. Perpetuating a system that isn’t designed to work. Having an hourly wage as the motivation is the wrong goal.
Also as you get raises, your taxes go up....
Jordan Wilcox Exactly! It’s a losing battle
@@rousseau327 Precisely - 9-5 taxes are typically a far higher percentage than a personal business tax, investment tax, etc.
ewt415 having business “expenses” or property depreciation to offset income is the way to go. Higher income from investment properties won’t be taxed the same as W2 income
I think these "buy my ebook" I'm online entrepreneur are scam. Not everything is that simple. Sure successful business is great, however, most businesses are not. Having successful career in ordinary jobs like medic or it person is great as well.
Mindaugas TI your correct he's a sales guy because you can win in regular business if you have a supply that's in demand I know ppl that started businesses and started making money from the start most people go off of their own ideas of what they think would bring cash flow but they never stop and look around and see what is getting a buzz what are the people needing
Your an IT person aren't you? ;)
I agree, you're absolutely right, most of these internet promises of great wealth and success are utter bullshit.
Cia tavo atmazas, kad nesugebi tapti verslus.
Atsibusk, Lietuva yra rojus verslininkams, o ne vergams su popieriais.
Option 1 (commodity) really sucks. When you need a job, you need a job (most people are fully aware of the 'Scam' slash *"Rat Race"* but my point is when you need a job, you need a job smh);
Lol yeah exactly
I like your content but please think. We need 9-5’ers, We need Manufacturing jobs and hard labor. The system is what built this country. Not saying Im a 9-5’er or Anyone should do something they dont want to do but it’s certainly necessary.
Agree. We have enough "CZcamsrs" and "Marketers"
Spencer McKean I’m sure even if 20% of the current 9-5ers leave there will still be plenty. With automation in almost every industry it doesn’t look like employees are as necessary
@@DanielIles Well under President Trump we have added almost a million manufacturing jobs. While under Obama we lost them every year. When business is good and people are working our country prospers!
Jason Andrew I agree! There are plenty ways to work and produce value to the market place. Producing more value should be the goal, not working more hours!
Don’t worry there will always be enough retards for us business “slave” owners to employ. Most people have zero financial intelligence.
In a lot of countries University is completely free you just have to pass the exams and that's it you got in!
Not north america
jordan heywood it’s pretty cheap here in Québec, Canada. None of my friends are in debt and I’m finishing my second year of university (after cégep)
@@bill_the_butcher Yes, people obviously know it. But it's way better to pay a little more when you buy furniture than to pay ten thousands of dollars when you're 18 and studying full time.
But the exams are usually so competitive that only a fraction of population makes it through and the market becomed so competitive that degree becomes the next high school diploma
P.S free education does not mean better education some people will pickup rat poison just because it is free
@@unemilifleur your degree is free but it is still a degree and will get useless within the next few years as technology progresses
Ryan, in general I agree with you, but some people are simply followers and a job is perfect for them.
I work a 6 to 2 and make over 150$ tips on a daily basis earning more than those with a college degree and full of debt. The education system is a trap.
What do you do?
Most people will not understand until they find themselves in a really bad financial situation!! The problem is not being an employee is bad money management. I work in a fast food restaurant with great paid and benefits but I also have side hustle and investments that pay me monthly. Will soon be investing in real estate as well.
"Side hustle" drug dealer?
@@classicartfoundation639 meth
While I work 9-5 I'm also working on my side hustle #futureplan
Trader Max📉📊💰 side hustles are also a scam, only way to make money is to get out there
@@user-bv7hz7yy9r scams are also a scam
Unfortunately, most 9-5rs don't even understand the 'value' of net worth
people call everything a scam these days. meanwhile they sit on the sideline barely making ends meet.
Even a high level corporate slave making 100k a year is still considered to be broke, after taxes it is barely enough to sustain a living, especially if you live in a nice area. The digital revolution is happening and people are starting to realize there are better ways than just working one job.
Youre literally on every video
The better question would be:
What have you learned from your 9-to-5, that you could leverage to build wealth?
For me I love my 9-to-5 because I’m very passionate as a software developer, but even I’m beginning to grow weary of not being able to earn more.
So to rectify that, after work I have been sharpening up on my development skill and learning about business so I can leverage them in exchange for personal growth and wealth building.
that's the proper mindset! when you are asking questions like, how can i do it better? or how can i earn more then you are on the right path. well done
9-5 as software developer? hmm self taught or college?
Both actually. My degree is Games Technology but I chose not to go into the games industry because it was experiencing a downturn by the time I finished university in 2014.
As a developer there is no stopping with learning
Until the industry has even more technological advances and your skill set becomes void
Earn more? Money doesn't matter if you hate the job. You should have already learned this.
absolutely right..., but since i been a city bus driver my networth has sky rocketed.😀
Do the work others aren't willing to do and you'll get the things others will never have.
Good thing I work a 8-5. I’m safe here.
Hey Ryan: As someone who took a LOT LONGER to learn what you already have discovered, demonstrated, and conveyed very well here, I applaud your well-done summary of the whole "Job Sitch" and how the traditional model we are taught often conspires to prevent a person from learning how to build wealth.
Nevertheless, as someone who didn't discover these ideas until around my thirty-third birthday, I was *still* able to then "target" retiring by age forty (I failed; it took me until about the age of forty-two to attain this goal); and now, at slightly 'north' of age sixty, I spend each and every day doing (in spite of a disabling condition I have endured since I was a teenager) pretty much whatever it is that I wish to do each and every day.
This consists of frequently attempting to give back through selecting various charitable endeavors of my choice. The information you are providing here should actually be 'pumped into the heads' of high school students, and so I would highly encourage anyone who is watching that fits this description to "listen up" and and take notes. I try to teach as much as I can to the younger generation, and yet with my severe trigeminal neuralgia and frequent migraines, it is very difficult to expend as much energy as you do on your channel, but I still try to help those in my community as well as my son, and seven nieces and four nephews, to learn the economic realities of this world.
Those who have yet to reach age thirty can benefit most from your information, because they still have an abundance of that one most vital resource: time! But even those who are younger than age fifty can still 'turn things around' if they are willing to aggressively address the things you have covered recently, such as reducing and avoiding DEBT, and learning about the vast difference between ASSETS and LIABILITIES, as well as the phenomenal power of COMPOUNDING INTEREST.
I would suggest that you drill down even further on some of the 9-to-5 work myths you touched upon here in a future video: I address this topic under the moniker of "Your Salary Doesn't Matter!" when contrasting the focus most younger people place on their career growth as opposed to their (often sad but usual) avoidance of learning about SAVING and Growing Wealth. And as for those who are feeling 'stuck' with college debt and the 9-to-5 grind: don't despair! As long as you spend less than you earn, and SAVE a portion of that, you're still Good to Go.
As a fellow New Yorker, and one who lives on the 'opposite end' of I-90 (near Niagara Falls), I wish you continuing success, and I encourage you to focus on the type of material that you present here. And I would also encourage those Millennials, and especially even those who are even younger and perhaps still in their high school "indoctrinational" years, to learn from you and from others like you, because there are boundless economic opportunities everywhere, as long as people are willing to educate themselves and take appropriate action.
I view a young person's ability to grow wealth much as a farmer with 100 acres would view his potential future yield: what this means is, if you're saving NOTHING, it is akin to not planting your field in the springtime! Kids should learn this as early in life as possible! Carry On! - j q t -
Option 4: join the military and have them pay for your college education. Zero student loan debts
And make a six figure income
@@Ban00 😂😂😂😂
Then work your way up to high rank commander and get tried for treasom for sharimg illegal memes
Yeah & come out with ur mind more fuked up
@@travismoore8309 I've been in almost six years and I feel fine?
For balance, I think it is time to upgrade this conversation from "jobs suck, and entrepreneurs rule" to "how many of which type of income streams do you need to achieve your desired life, and what action do you take now to create those streams". *Jobs are a legitimate income source*, but you need to calculate what you are putting in (a prime slice of your day/life) and what your are getting out (taxable fixed salary), then play your cards right. If you can get tips at your job, then it might pay off to boost your service quality and increase your income there. The point is collecting enough money streams to sustain you to the level you want.
Awesome!👏This is a great channel with great content! 🔥thank you Ryan!😬
Nowadays CZcams is a great tool to learn everything. You just need to be willing put some time and work!
CZcams and books are 100000x better than whole school system
That's all well and good from an individualized, financial point of view... but in economic terms those idiotic, scammed 9-5'ers are what fuel an economy that would not exist without them en masse. You benefit directly from that labor. Its kind of like saying that everyone should be their own boss... that's great from a theoretical basis, but at some point there has to be a division of labor with employees... not everyone can be an employer... and even if they were, who would they employ if everyone is supposed to make CZcams videos and managing their stock portfolio? You also need that 9-5 job to financially even begin to have the initial capital to generate passive sources of income in the beginning stages.
I came to the realization that all jobs has crap to put up with from the Supervisor to the co worker.
Instead I can work for myself and put up with my own crap.
You’re such a G Ryan! Thank you for your amazing content!
First off, I agree with your assessment of the situation. The issue I have with #3, having attempted it, is there is absolutely NO assurance you will succeed doing that. In fact, there are FAR MORE ways things can totally go WRONG than they will go right. Trust me - I KNOW this from experience. Even if you are working for yourself, you CANNOT completely control for the human, er - FLAKE - or just plain evil factor inherent in dealing with other people. At the end of the day your success is STILL predicted on the cooperation of others in the marketplace, their desire (or lack of) for whatever it is you are selling. Vendors can be AS BAD or WORSE than the flakiest customers you've ever had. I've watched several of your videos and while I think they are well put together, not everyone is cut out to be a Real Estate or Internet mogul. I can tell you some SERIOUS horror stories of people who own rental Real Estate - I'd NEVER get into that. The risk of losing your shirt is too high, given the way many renters behave today. As far as CZcams goes, LOTS of folks are being demonetized for saying the "wrong things". FWIW.
Option 3: use a template to sell to naive people/kids
You also need to factor in that if you make money early on in life, you can take that money and invest it and it will grow a lot more in the future than if you had to go into debt, pay off that debt, then start saving and investing later on in life.
Hey Ryan, I would like to start building my online business but simultaneously investing, what proportion of my income would you recommend that I dedicate to each aspiration?
I'm sort of doing a combination of option 1 and 2. But it is really hard for sure, to balance that studying and work.
But at least that can flatten out that negative curve a little bit?
Well said Ryan. The problem is, unless you have rich donors, you have to take option 1 or 2 to get to option 3.
Very interesting topic. I like the way you argued your point. I don't necessarily agree though but good presentation.
Getting a job and getting hired at all is tough. Not all interviews lead to job offer
I prefer option 4. Join the military at 18 until 22. Get paid good money (not for your hours however) and then start free college. Now you can be worth a good 5 figures by 22 with a free bachelors degree and possibly secret or top secret security cleaerence which is worth alot.
9 to 5. allows for a good night sleep and daily structure. many people would kill for that opportunity.
Thank you for logically explaining a way of thinking I thought I was crazy for!
Nothing wrong with working 40 hours a week. Live below your means, invest regularly and you will be fine.
depends on the type of job
Clown
It is if can't pay your rent with one check. I'm not living in a busted down area to save money
40 is good when you can take care of your needs and some wants. I'm not a slave
Just make sure you love your life sir
I started a business in 2017-$600, 2018-10,000, 2019- as of May $8000. Your business will grow, as long as you build and work everyday.
@@RyanScribner I wish I didn't get my masters, and owe student loans but starting a business was the best decision I ever made, my revenue and opportunity is growing each month .
@@cmtrainingllc7540 Your Masters degree will increase your customers' confidence in your services. That diploma on your office wall is helping people say yes more often.
@@999thenewman you are so right, I didnt even think about it like that . thank you
@@cmtrainingllc7540 It gives me great joy to share a perspective to someone who has a mind open enough to appreciate answers that, well, weren't previously thinkable simply because we are different. If I could work in someone's business and be of help in at least that way, I'd love working. Thanks. I appreciate you.
@@999thenewman Thank you
I do think this is a very simple approach, and there are a lot of factors that can prove or disprove your opinion. What I'm taking from this is that when you aren't in a 9 to 5, you have complete control of your success. There isn't any glass ceiling with restraints to job promotions or income. You've been fortunate enough to see a big picture of working outside of a 9 to 5, and I think it is great that you're sharing this with others. However, I think diving more into the subject would present a better discussion. I really enjoy your videos and the message you are sharing. Keep at it!
Lol everyone can’t do CZcams dude. This is just clickbait.
You're a good man, Ryan. You actually want to help people succeed. Thanks for the video and the free ebook!
Very clear explained Ryan. Mindblowing and great you reveal the truth.
No matter if you go to school or not, everyone has the exact same access to a library that contains more knowledge than you could ever comprehend, if you go to college you’re literally paying just to have the title of a college grad and get no value out of learning.
Wow, I'm in "option 1" and thought my life was pretty great, but some random guy on CZcams told me it sucks, so I guess it sucks now...
Option number 3 for the win! I'm not saying it's easy, but so many people are simply unaware of its viability! Also, I think it's such a shame that a lot of talent is being wasted because people have become so used to just working for someone else and being a consumer during their downtime, and not actually *creating* anything!
@@bill_the_butcher well that's when the *demand* and thus salaries for employees will be sky high, which is not the case right now.
My biggest problem with 9 to 5 job is not working well of course being forced to work for someone else is triggering but what's even more scary is that there's litterally no job security at all where IS THE JOB SECURITY HOW CAN I BE PRODUCTIVE WHEN I KNOW I CAN LOSE MY JOB ANYTIME. Now get rich and build passive incomes and become rich
Do you have a timeline of your option 3 revenue, expenses, profit margins, etc?
Hey Ryan. Thanks for the content I really love your vids.
Could you do n video for non US Citizens? Example I have a SSC and n US Bank account. But I cannot use M1Finance because im not a US Citizen. Could you help some of tour international viewers out? Thanks in advance
I agree mostly with option 1 and 2, but disagree with option 3, and this is coming from someone who chose option 3. Option 1-2 is pretty on point, the only thing I think it leaves out is that these days there are multiple ways you can go to college on scholarship or financial aid, potentially graduating with little to even no debt. I do totally agree with the point about jobs that might not necessarily be super desirable to most and the growth pattern topping out you'll likely have to go through.
With option 3, I think the problem is that there are so many waves it can move, it's almost impossible to predict since taking option 3 is sort of like playing educated casino. You have relative control, massive potential, and you're constantly learning, but at the end of the day, not everyone is going to be able to leave with the jackpot. Option 3 is an incredible option most people def don't think about, but I wouldn't say it's necessarily the definite way for everyone, since at the end of the day, we all have different goals and the kind of lifestyle we're looking try to create for ourselves.
Servant!!! I like that word, thank u for sharing this , u should do more rich VS poor videos!!
getting a job at publix as a bagger this summer. any advice?
Do the first 2 options come with health insurance and paid sick leave for when life happens.
Next time you walk into a building, ride on a bridge, drive your car or flight to another country realize that that was engineered by educated peaple that at least work 40hrs a week and did go to college in their vast majority. The problem is not the option, but how you avoid debt and invest. Everybody in the workforce is important to society. I cannot imagine a world full of people that don't have drive for what they do and are only on CZcams talking about how everybody working hard is part of a scam. If everyone had an online business who would be doing the real job out there? This video is just unrealistic.
You forgot Option 4... Invest in or Buy Someone else Business... You Can Skip the High Failure Rate of the 1st Few Years and Buy Someone's Business that is 5 or 10 Years Old and Making Money and Use Owner Financing to Pay for Part if Not All of The Deal.
This video is golden haha great job
I’ve utmost respect for your input into this channel and I actually agree with the title however you did not represent a balanced argument even when you knew this was a contentious issue. This was clearly click bait or ill thought through content.
Well done video. I think some of the best sayings I've heard was from Jim Rohn. "A formal education will allow you to make a living, Self education will allow you to make a fortune" also, " The book you don't read won't help" , " We have two choices, "We an make a living or we can design a life' and We must risk going too far to discover just how far we can go". These are just a sampling of some of his "Treasury of Quotes"
Once you make 50k cash in the stock market in 24 hours from the comfort of your bed...then your entire life-work perspective changes TREMENDOUSLY.
How
@@thacryinggame years of studying, practicing and learning.
Option Three. I spent about 10 years scraping for activity based costing solutions just now starting to get attention.
I have artistic talents that I know I could make a lot with but I also possess zero business sense, so that's that
Keep up the great work Ryan.
My dad started a small business and we’re finally able to make good money from it and I have no debt as I just went to community college, ended up with a 4.0 but I had no desire to become an accountant (which i had family connections for) and work 70 hours a week for the rest of my life (even though I was promised my salary being doubled every five years). I am now slowly getting into investing, I would love to grow my portfolio so over the years I can grow my money instead of becoming in debt like most people my age!
Would love to chat with others about trading
This video makes sense. Basic knowledge of the classes. Poor, middle class and rich. The only thing I would add is either adding "investing" to option 3...or making investing option 4. Personally I'd say they're the same thing in different forms. Not everyone is creative or business minded enough to CREATE the business, but maybe they have what it takes to INVEST in them instead.
Exponential growth either way.
How many times have you done this video?
I just started my own business selling merchandise on FB Marketplace the end of December and have already sold a lot. The new business along with my investments will allow me to leave my 9-5 soon.
All jobs suck...promotions and raises are a joke.
Most (not all) great business ideas have already been put into effect. A lot of new startups are schemes, scams & ways to prey on the worst aspects of human nature, especially addictions.
Working a job that's paying u only $9 in hour isn't worth it. What about bills? Car payments? Transportation for bus/cab money? Water bill? Money to pay to get your hair braided is $100 money to buy shoes? Clothes? Money to eat, Fix broken parts in your house? Put money in the bank? Etc the bills you pay are more money you earn and they think you can survive. If I was a slow learner and was born with a learning disability that effect me from learning math, how to read, and how to write I would've been doing something that pays more money. My disability holds me back.
1-5 years to see results and then comes exponential growth if you're succesful. So what's the rate of being succesful, sure it''s a cool story when you made, what about the majority who is still "learning from mistakes"?
Thank GOD I discovered investing before entering the job market !
I want a 5 to 9 job. Not a 9 to 5 job.
Ryan, & commenters I really need some advice. I currently work a 9 to 5 making about 41k. I still can't keep up! I have 4 kids who are getting older - fyi all are doing great in school. I need to start my own income stream. I don't have enough money or credit to buy a brick and mortar so I'm thinking about an Ecommerce (drop ship) business or dabbling in trade. I have a little money to start up something but I don't know what to do. Do you know of any ideas that I could try to make some extra income that don't require much upfront capital? Thanks ❤ And thanks for the informational videos.
www.paparazziaccessories.com/253978
Join my team. You will make great money in this business.
I am not sure if the internet is offering the same opportunities now that were there even only 5 or 6 years ago, at least in the markets I know the most(which are in the EU).
I think you have a point in demonising 9 to 5 jobs, which are however a necessity in our society, but I feel you missed the point when isolating the debt as a cause of wealth loss. Debt can be extremely valuable: I own a house in London whose rent can cover up the cost of my mortgage and still make profit on top of it. That is an excellent debt to have because the asset repays itself on top of generating equity year on year.
What really brings people to 9 to 5 and educate themselves is the necessity to front expenses and responsibilities: rent/mortgage, food, healthcare(in the US, fortunately in Europe is funded by the states) and especially FAMILY.
If I decided to ditch my 9 to 5 tomorrow and was alone, maybe I could have been able to somewhat manage while working FT on my business or maybe looking for a part time consultancy job. But with a wife and children the necessity of certainty becomes a massive problem: earning 50% less than what you expect might result in you not having how to put food on the table of your child.
The hospitality industry is not 9 to 5. It has a very weird schedule. Work weekends/Holidays off on Monday and Tuesday. Usually, I get free food (be nice to cooks =free food). The best job that I love is banquet server. Free food, sometimes free booze, get to see your favorite celebrities up close and personal. Easy job just tray pass drinks and food. Double shifts are not very tiring compared to a double shift for a restaurant. If the event has a conference, speech, or video just wait chatting or relaxing until is over.
Going to college but also starting my own pressure washing business soon. And It's not a useless degree like art or something. With the degree I'll be able to keep working my business too so I think it works out. Also only doing a loan for my first year
Working a 9 to 5 is not a scam but it shouldn't be your end goal.
I joined the army at 17 served for 6 years became a private security contractor working overseas for a bit saved enough to start my own business
I like the job I have overall but it does not pay me enough. I know I’m not appreciated and the pay raises are awful. Have to work 15 yrs to be topped out on pay and very small raises along the way. Totally awful. But the job I kind of like even though it’s currently tiring and stale. 3 yrs to go to be able to leave with benefit but not many benefits. Anyway, I’m screwed financially so I should probably be looking into some kind of way to make money other than working for a company 40-50 hours per week
On theoretical level, you are roughly correct about different paths. However, the option 3 of taking risks has the following problems: (1) most people are not born with the cognitive abilities or personality type suitable for entrepreneurship, (2) Survivorship bias. Just because you succeeded does not mean that most people will be successful. I would argue that the vast majority would fail. Have you considered that somebody could actually take your advice thinking that you fully know what you are talking about? I would rather that you give general advice on how to build that "exponentiality" by having side income, investing in stocks etc., instead of oversimplifying and calling 9to5 jobs a "scam".
you all youtubers are so smart pointing out "waste of that is that job or being employed overall"
what is the solution? You come with and point it out but what is the "cure" for this? How to overcome it and get money because no matter what you need some money
As you are an entrepreneur with this mindset I would hate for you to have to get to the point when you are looking to grow and scale your business where you eventually need employees for leverage. If you as the CEO think being an employee is a scam, why would anyone come work for you? Hopefully your business doesn’t cap out because on this mindset.
Your perspective is very interesting, thanks for sharing.
Somebody got to do it ! 9-5 grind. We all can't be BIG Willy!
True... But it seems like most jobs will become obsolete in the near future and the process of getting jobs has become far more difficult than it should be. Entrepreneurship truly is the best way these days.
Good Vid but the title is click-bait.. trying to explain this to an 18 year old that thinks they know everything is a waste of time.. if you tell the average 18 y/o to not get a loan to go to college, they will think you are trying to hold them back with that advice... they don't discover until afterwards that college is a scam.. the real hero on your VID is your grand-father for giving you a good solid start.. good vid though
You basically going to school for 12 years to become a employee lmao scamsandwich
Not a big fan of these "getting a job is a scam" titles. The reality is we need people to have jobs. From flipping burgers and stocking shelves, to building houses and creating software, these are all important jobs in society. It's a bit insulting to have titles like "getting a job is a scam". Don't get me wrong, I understand what you are trying to say, but the reality is, if these people with normal jobs didn't have jobs and money, they wouldn't be buying your courses or clicking on your affiliate links, and you could just as easily be flipping burgers too.
High Altitude Productions In many cases a W2 jobs are way safer than being self employed too. I have a video on it, there are still too many that don’t get it and see it as black and white
Just because I am a business man does that mean I can't buy a book titled 'how to start your own business ?' do I not want to go a trip to Spain or anywhere else ?
What about going to community college for 2 years and then switching to uni then working. Won't be as bad.