If I Wanted to Go From Broke to Millionaire, Here’s What I’d Do
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- čas přidán 31. 05. 2024
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Have you ever looked in the mirror and wondered…
"Is this as good as it gets?”
I was a broke 17-year-old with $15 in my pocket...
People who meet me can’t believe that’s the same person as the Dan of today.
And the truth is it’s not.
There was something I did between then and now.
To then make $1M cash by age 27.
And that’s what I want to share with you today.
Instagram: @danmartell
Twitter: @danmartell
*The first step to achieving wealth is figuring out your goals and risk tolerance. Either on your own or with the help of a financial planner and by following through with an intelligent plan, you will gain financial growth over the years and enjoy the benefits of managing your money.*
*Browse Donald Nathan Scott.*
*Think financial independence look up Donald Nathan Scott.*
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
Her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks so much for your helpful tip!
1. learn the top in demand skills
2. focus : follow one course until successful
3. evaluate the people you're around remove and replace (friendinventory, mentors, lawyers advocates etc) .
4. quit time assassins (indecisive ppl, too fast to decide, supervisors- micromanager, poor money mindset person )
5. reward after achieving a goal (gamify your achievements)
6. reinvest to multiply money and be millionaire in cash (trade time, leverage, money investment in opportunity)
Thanks for simplifying
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me although I have watched many CZcams videos about it but still find it difficult to understand.
It makes sense that BTC and crypto are of helping to regulate, rather than pretend it won't ever happen.
The big institutions getting In is the catalyst that will laugh us made they grow used to it becomes a nonissue usually because of their fears never materialize.
And benefits they were unaware of before turn out to be more beneficial
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
My advice, never do shorts or longs on stocks or #crypto
most people went bankrupt better buying in parts monthly
I've been in touch with a financial advisor ever since I got into the market. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending Crypto, which is pretty simple. On my portfolio, which has grown over overboard and been making about $1 500 bi-weekly, What I'm trying to say is the 5% of traders in the world that are consistently profitable are very reserved, they are just random/lowkey people no one even expects. My account manager chooses entry and exit orders
6 Figure Skills
1. Software Engineering
2. Video Editing
3. Copywriting
4. Graphic Design
5. Data Analytics
SLED sales did it for me with only a GED and hustle, but I'm ready to give it all up for a trading card business.
6 figure is not wealth. plus tax take a lot of it.
Been following Dan for a few months now. Just hired my executive assistant to help me go to the next level and already feel a mental shift.
This right here is gold! Thank you
Awesome to hear. Pumped you got value
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
She's a licensed broker in the states 🇺🇸
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!!
Please help me.
Sure! She interacts on what 's App using the digit below
+1301
Content like this would have been very expensive back in the 80's and 90's. Today, I get to continually learn for free from uber successful people like Dan, and they profit from me learning. Thank God for CZcams!
Glad you got value:)
Putting the lessons out that I didn’t have fro myself back then
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities, etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA
That’s some good values. sounds like you got something going for you
She appears to be well-educated and well-read. I did a search on her name and came across her web, thank you for sharing
I'm working on an AI-focused investment plan, researching stocks of Nvidia, Microsoft, and Alphabet, among others.
Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she has an impressive investing background. I will write her an e-mail shortly.
Some of the best boot-strapping advice I've seen in pithy, compressed, efficient delivery. This guy is really good.
Appreciate the kind words
Sharing everything I know
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@mikegarvey17who is your advisor please, if you don't mind me asking?
She's known as ‘Gertrude Margaret Quinto’. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
What an incredible journey you've had, from starting with just $15 to becoming a millionaire! Your insights on trading time for money, reinvesting in skills, and managing resources are valuable lessons for anyone looking to grow their business and achieve their goals. Keep up the great work!
this vid better blow up, this type of value is hard to come by
Only the start! Putting everything I know out there, packaged simply
99.99% OF 17 YEAR OLDS ARE BROKE!!!!
This is one of my new favorite channels. So valuable and your content feels super authentic. Thank you ✍🏾
Putting all my best stuff out there
You are doing it perfectly. We are all loving it the way it is. Don't let anyone to sneak in on your magic.
That shaking hand dude in the pictures is really what a good people look like. Great video.
Great video, can you elaborate more on the alcohol issues you had? I feel I’m going down that path as well. Working on it.
I needed this. Lots of great info I already know but needed to hear it to refocus.
One of the best videos I’ve come across over the last few days. Massive thumbs up
This is short but extremely weighty.
One of a kind, I have to listen over and over again. Thank you Dan
Thanks for sharing your knowledge. This video is way better/valuable than some 4yr university courses.
I'm fully impressed with this video. Honestly, I feel the information is more valuable than even Hormozi's.
You’ve been in a real zone with these last few videos 🔥🔥🔥
Appreciate you!
I enjoy Dan M. Videos because they are straight to the point as well as very knowledgeable no fluff .. 👍🏽
I recommend everyone to find the forbidden book titled The Hidden Truths Of Wealth, it goes deep into all of this, and it changed my life
Where did you find that book?
who is the author
@@cooperandrew1 Oliver Mercer
Borlest ( I found it there, maybe it still exists there idk )
Author is Oliver Mecer
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Kimberly Smith.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, with the user name.
Smith207 💯...that's it
Gold .
✍️
Thank you , Dan .
I’m a professional Graphic Designer for over 18 years now and a Forex Trader for about 8 years and my journey wasn’t easy at all, but if there’s one thing I learned is to believe in yourself and don’t be afraid of trying new skills.. they might jus be the key to the success you’ve been searching for 😉
Fantastic vid, thanks for sharing and keeping us financially updated, I hit another $60k today day trading even though I barely trade myself
Wow that's huge, how do you make that much ? I'm 37 and have been looking for ways to be successful, please how??
Ohh yeah, that was possible with the help of my Guru Jenifer Spencer
She's a licensed broker and entrepreneur from the state
That's great!!. I don't know anything about investing and I intend to start. What are your strategies?
The best strategy is starting with a professional coach, as a beginner who knows little or nothing in forex market
Great video, actual practical action steps. That is so refreshing.
Pumped you got value
These Are Pure GOLD nuggets.💯
Appreciate the kind words
Thank you Dan ~ your video exudes generosity! Appreciate the wise words and advice!
Super kind. Appreciate you
Nice! I’m not even sure where to start because so much great advice was packed in here!
My problem is focus. I have ADD/ADHD and suffer from trying to do multiple things when I should find one that fires me up and focus on it until I am uniquely great at it. I did that for cars and now I could walk right back to an auto shop and easily get hired. My problem is, I physically can’t do that anymore.
I think my next step is to find a skill I can leverage and commit to it. I have all kinds of online entrepreneurial ideas. Maybe learning to code better is my next step. Then I can leverage both my automotive knowledge, especially electrical and electronics, and my coding skills.
Focus on one thing.
Go deep.
You got this
So, it can be done..... let`s start than!!! Thanks for posting it! Your lesson which came from experience has truly inspired me, and I’m eager to get started. 🙏
You got this👊
Let's definitely get started @White-_-Storm!
I'm rooting for you all the way champ!🚀
Sir, you are an inspiration. Keep it up.
Appreciate you!
Amazing content! Can you share your recommended podcast and book list?
I have a video on my top 10 books:)
Spot on with the focus on high-demand skills like software engineering and graphic design! 🌟 Systematizing your approach and investing in continuous learning are indeed pivotal for scaling from six to seven figures efficiently.
What an amaaaazing video! So many golden nuggets! ✨
Loved the video! What were 5 and 6? I feel like I missed out on some gold!
Thanks for sharing , great content like your book.
Glad you read it!
Dan your concepts are awesome you have an ability that is innovative an very unique way as I have learned some of your same characteristics it’s weird because usually people don’t see things on a broader path the same way or concepts
Thank you for sharing your wisdom! Best of best
Pumped you got value
00:02 Build a high-demand six-figure skill
02:05 Focus on one thing and commit to it for building a successful business.
04:00 Identifying time assassins is crucial for entrepreneurial success
05:41 Avoid time assassins to save time and become more productive
07:34 Diversify learning through podcasts, books, courses, and events.
09:28 Utilize the achievement roadmap process
11:21 Utilize resources, systems, and tools to achieve fitness goals.
13:10 Trade money for money to achieve millionaire status
Crafted by Merlin AI.
Great one!! Thanks Dan!
Great video. I made the decision a couple of hours ago to dive into copywriting. When you mentioned it as one of the five skills skills, that solidified it for me.:)
Go all in.
Follow this process.
You got this.
Thanks for the video! Subbed.
I’m impressed with your clarity
Great video , really appreciate
Awesome video! Thanks man
I love how you define the types of millionaires. I've mastered the two, now going for the 3rd.
Hey that's you and David Allen, curious I used to work for him when he was still in Ojai, what was your connection to his work?
Thank you so much 🙏
I love the information and the vibe of this video.
Appreciate you
Very valuable information. Thanks for sharing.
Pumped you got value!
Welcome Dan
Thanks for this great value
Please, I suffer from distraction a lot, from the multiplicity of talents, and from the multiplicity of interests and fields that I love and can succeed in, but I am confused and lost and do not know where to start. I am also broke and lost my job as a professor
Can you provide guidance to those who, like me, suffer from multiple interests?
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Gloria Robinson.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Gloria Robinson too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
she's mostly on Telegrams, using the user name
fxrobinson 💯 ..that's it
Thank you!
Brilliant! Great Video
You explain is so easy for us entrepreneurs
Thanks Dan
God gives people abundance, the ideas, the confidence, the connections, etc. It's not us, it's a blessing from God.
I just hit $100,000 net worth this last quarter from saving and i plan to invest in the stock market to see it grow in the next 3 years. What is the best way to navigate the stock market as a newbie?
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
Consider allocating 30-40% to a High-Yield Savings Account (HYSA) and entrusting the rest to a financial advisor for investment. My advisor has significantly impacted my financial journey, fostering clarity and confidence in the stock market. Thanks to her guidance, I've grown my portfolio from $100k to $1.4m in just 5 years.
Wonderful!!! I've recently sold property and aim to invest in stocks, seeking guidance. How can I reach them?
’Jennifer Leigh Hickman’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
You have a fan from Indonesia sir ❤
Dan, thank you so much so much of what you say is genius thank you!
Pumped you enjoyed the video
thank you sir. 🙏
i hope i get that $$$ this year and transform my life.
Hi Dan. this thumbnail looks amazing. If I understand it you have hit your 6% body fat target or will do shortly. I recollect you describing a process in an earlier Vlog....any chance you can elaborate as I actually am not aware of the process you described.....maybe even a gym Vlog..where you pick up the process for before and after...
June 7th, we’re posting the reveal:)
Thoughts after watching it for the second time:
How to Friendventory and how to build relationships?
This channel's video editing is top notch this year. Second to none. Congratulations.
Thank you, Dan, you're increasing our greatness by showing us the path and what's possible.
🔥🔥 my man killing the game
Appreciate ya!
@@danmartell the fact you take your time and respond to all these comments speaks volumes about how much you care
So, since not everyone can be in the six figure jobs (or else they'd be oversaturated and the job would crash) and not everyone can own their own business (of they did nobody could hire anyone to work for them), does the majority of the video still apply to someone working a lesser paying job and/or working for someone else, or what adjustments would you make to maximize where you're at, if the market doesn't value your skillset at 6 figures and you're not interested in learning one that does?
Thank you
Thanks for this 😮wow especially when starting out this wil really help. I’ve subscribed to learn more and see more
Luckily have CZcams Premium (new option) so no ads non stop info feed🎉
I want to invest in a course that will benefit me, but the majority of these courses are a scam or just basic knowledge.
What courses do you recommend?
Fireeeee video Dan 🫡
Surrounding yourself with the right people can truly make or break your journey to success. Time for a friend inventory! 🤝
Tai Lopez is looking for people to be on his podcast. Im on his list and his list emailed me about it. I think you and Tai Lopez would have some GREAT conversations.
Dan Im 27 and broke, you think that i still have time to turn my life around?
Yes
Yes, in the adult world...27 is a child. Your memories still come from your teens.You are just getting started in life. Go get it. Good luck young man.
Yes
I'm just gonna be honest, probably not. You asked that question knowing the response you'd get. If you need to be validated and encouraged in that manner you're gonna spend your life waiting around for things to be convenient before you can justify doing anything productive. Try to get on unemployment or disability and just try to enjoy the rest of your life man. That's the best advice I can give you.
There is no direct correlation between building muscle and getting rich. While physical fitness and health are important for overall well-being, financial success is not necessarily dependent on having a muscular physique. Wealth can be achieved through a variety of means, including hard work, education, entrepreneurship, and smart financial planning. Ultimately, it is up to the individual to determine what goals they want to achieve and how they will go about pursuing them.
sir iam in highschool as of now putting my hours for a competetive exams for getting into good college please suggest some extra skillsets excepts the ones the mentioned for making my way up to my first million dollar waiting for your reply sir THANK
YOU
dan martell keeps getting stronger
👊🙏
Mom: You need to help me with this bill. We all wish we could save money, but we all have bills.
27 year old me: You're clipping my wings as they're trying to grow. Let me flap my wings.
Mom: "YOU WANT TO FLAP YOUR WINGS?"
Fast forward
"Son can i live with you and your wife?"
🤦 Yes mom. Smh
Listening
Banger
Appreciate ya:)
Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.1Blitcoin to a decent 11.4Biitcoin. At the heart of this evolution is Samantha Jack , whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
Samantha's analyses go beyond surface-level trends. She delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market..
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with
I’m new at this, how can I reach her?
gram with her username
Fxsamanthaj, that's it
5:42 this part is unclear. What do you mean you by telling people what to do versus training what to do in the context you’re providing? Thanks
I create trainings and teach principles not activities for my team.
I’ll make it more clear next time
Exactly!😀
#SmartPower #Winning
That's how I would go from broke to millionaire.
Drop your biggest takeaway below:)
Such a great, concise vid, Dan. Thank you. My biggest takeaway was to take action on some in-person events / seminars for the reasons you mentioned.
6 figure skills
Listen to Dan's video and apply it
Happy to see the graphic design skills on the list of 6 figures. Planning my way to there.😊
So I'm a minute and a half in and I'm guessing it's nothing but start a channel lol 😂
looked like Tom for a quick second 😅 0:35
Goat
🙏🙏
follow one course until success
read the unplugged alpha by richard cooper
The monopoly board is so good
This literally is a step by step video on how to do so… wow
Graphic design pay hasn't really increased since the 90s.. Unless youre really good and go on your own.
Totally agree. This is rubbish. Video editing is no better.
How do we know that the 1 thing we FOCUS on will work? Sometimes it takes years to realise.
You’ll never know if you don’t try
@@danmartell fair enough. I guess thats the risk part of the price of success.
You forgot the most important 6 figure skill! Sales! None of these are worth anything if you dont know how to sell!
Gold, simple (2x gold)
bro, read the unplugged alpha by richard cooper