How I Made My First Million
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- čas přidán 10. 06. 2024
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In this video, Andrew shares his personal journey of achieving his first 1 million dollars and shatters the illusion of success perpetuated by influencers on social media. He opens up about his moments of self-doubt and comparisons with others who appeared more prosperous. However, through perseverance and determination, Andrew discovered the true metrics that led him to success.
Join us in uncovering the truth behind building wealth, and discover the power of embracing a nomadic lifestyle to unlock endless opportunities on your path to success.
00:00 Start
1:40 Revenue, Profit, and What You Keep
4:05 My Journey
5:52 Making My First Million
8:18 Expanding and Scaling Up
9:30 Realizing the Potential of Living Overseas
10:48 Creating Nomad Capitalist
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
HEY ANDREW... YOU WERE MENTIONED ON "MY FIRST MILLION" PODCAST AS AN UNDER THE RADAR INTERESTING LOW PERSONNEL BUSINESS... YOU ROCK
Link?
@@rohankishibe8259 Sry... Don't Remember Which Episode And I Don't Know How To Do Links... I Sorta Suck At Tech...
@@richardnokes6752 what was the name of the podcast?? My first million is the name or the episode?
@@rohankishibe8259My First Million is the name of the podcast. I just double checked. If I ever get time I will rewatch the couple episodes I watched recently and get an episode number and timestamp. Normally would have. Podcast has an Indian-American (Shaan) and a white dude (Parr)... Didn't like the podcast at first, but has real value! CHEERS
Andrew you are a rare gem and one of a few genuine business CZcamsrs here. I remember when I started to follow you in December 2019, you only had lower 4 digit views every day, like 1000 or 2000, that's when you started to post daily. Throughout the craze of pandemic I watched you everyday and saw that you had solid low 4 digit views everyday.
I remember in your video about "The Truth About Success That No One Tells You", you mentioned that the truth is merely do it, and do it everyday. After watching you for 3 and half years, I learnt that this lesson you shared is gold.
I truly appreciate the early videos in which you talked about your radio broadcasting advertising and swimming pool cleaning company. I literally personally grew with you, when I started following you, I just graduated from university and was living in San Jose, California, half a year later, I started my first business in Vista California while reading your book, 3 and half years later, I have become a Nomad Capitalist too, and have been growing both personally and business wise.
I will always remember I got the original inspiration from you. Those old videos you took at the bar that no longer exist in Mexico, in Colombia, and the quarantine days in Kuala Lumpur.
That’s very kind of you to share; thank you.
True og 🤙
Watching this from Bali as I made my first partial exit of my company. I was also watching you back in 2019 while eating ramen and not having any income 💪
Congratulations on your success.
Bali lol. Go somewhere better man now you have money. Stop being in tourist traps
Plenty of great spots in Bali. Sorry to hear you didn’t have the same experience
proud of you, g.
what industry?
solid video mate - would love to interview you on my podcast if you're up for it :)
would love to see the interview.
Hey there! Thanks a lot for the kind words. We have reached out via DM's on Instagram. Looking forward to it!
You two on the same podcast would be legendary!
This I would be interested to see
This is real life. Everyone hears all these fantastic entrepreneur stories and has a altered reality.
True.
I do find it funny that people think revenue comes from CZcams dollars. The reality is CZcams is a way to provide content that indirectly promotes sales of agencies, consultancies, products etc. It’s essentially content marketing.
The one thing I notice about Andrew is that he has personal confidence, but doesn't come off as "overconfident" or arrogant. I do appreciate his vlogs and talking to us, even if some of it seems far fetched. My personal take away concerns my future retirement and the Nomad Capitalist show has me thinking more and more about money and finance. Thnaks!
Thanks for sharing your thoughts! Glad to hear that.
Andrew, that is so cool. That was my background too. I was in broadcasting for a decade, with an overlap in sales for 3 years. Then went full time in sales. I'm there now and just made my first $100k in a year last year.
Congratulations on your successful move!
A very fore thinking guy and eager to learn how to get ahead. You deserve what you have.....
Viewing your CZcams video's has made me keenly aware of how confiscatory tax policy impacts the accumulation of personal wealth. Thank You!
I like the format. The getting to know the right people seems to be a key component to every success.
Thank you! I asked for more content towards middle class viewers and you delivered!
Makes cents to me. Thank you for posting. Blessings
Good morning Andrew, Forget the naysayers……..
Regardless if one chooses to leave the US or not is not the point. Your story is inspiring to the rest of us who make a living in sales or as an entrepreneur. Thank you for sharing your story with the rest of us and I look forward to the opportunity to one day meet with you and shake your hand. Sincerest Regards Always, ~Keith 🌞
Can not wait to be in position to help so many.
One of the most interesting videos you have done in a while, very personal , very interesting, Thank You.
Thanks for sharing some of your backstory.
Awesome Sharing Andrew...thanks :)
Interesting as always. 😊
Always important to know the backstory, usually shows the foundation and strategy involved.
I think for many people it's just about the power that having decision power over large sums of money gives you. They don't really care about profits.
Yeah Larry Fink doesn't personally have trillions of dollars, but he still has most of the power associtated with having trillions of dollars.
Status is what everyone wants. 99% of people don’t buy a Lamborghini because they love it, it’s to show off the fact that they can afford it.
Very interesting! Enlighten
Great story, Andrew.
It is refreshing to hear a real everyday person type of a success story like yours. My biggest financial successes so far have not come through long term effort and value creation like you described but rather dumb luck good timing. For whatever reason I saw obvious value in something early on and got involved regardless of what nay-sayers were saying. Doing that twice and both times working out extremely well explains the ability for the other smaller successes to happen in the first place. There was a lot of work involved in the other smaller successes and tbh I'm more personally attached to them than I am the two big ones
Have to give Andrew credit ,
As this information in not taught in school or uni , like compound/ interest, which is banned from being taught in university,
When my son finishes school, we are considering, moving ,
What do u mean banned? How can you teach finance without teaching compound interest?
Great video.
I love that we call Crypto Virtual, where as we don't say the same for Fiat, gold or your money in the bank. Unless you actually hold your physical gold, or dollars, they are pretty much virtual because the bank sure as shit doesn't have it if thats where you keep it. Likewise for buying gold that you dont physically hold.
Well done 💯
Wow. This has been very informative. Thanks Andrew
Thanks for watching!
Youre a successful guy 😎 I don't have an entrepreneurial mindset ha
Well, that was really interesting, organized and smart
Love that you get your hands dirty sometimes! A sign of an exceptional leader.
Ugh.
@@BlackRain_cope
You the real deal. Walk the walk.
People need diversification so being able to help individuals with diversifying😊themselves and there assets is a great thing to do also we have other people today who help individuals with investments and knowing what brokerage accounts and banks to deal with for anyone to provide the help and support in these sectors im pretty sure anyone will value that
You are a capitalist by birth (I mean that in a good way). You have always matched a need to a solution, while questioning the norms with positive skepticism - essential traits of a successful businessperson. Well deserved!
@@BlackRain_stop being so fucking negative. That’s why you are poor. That’s why 3rd world people are always poor. They always think negative, hence poor because their mindset is poor & they never seek solutions or leave a toxic environment. They think everything’s impossible and it’s the way it is.
do you have a podcast?
Absolutely! Our podcast is available on all major platforms, including Spotify, Apple Podcasts, SoundCloud, and more. You can easily tune in and enjoy our content.
Smart guy
you the man Andrew. thanks for sharing
Thanks!!
I believe the two most important things needed to make money is the right information and ironically money itself, because that’s all it takes to make a good investment.
Great video. You said something like, you don’t have to live in America to make a lot of money. Would you said that the majority of your income is from the United States, or are there other people around the world interested in this also? Ie Canada, UK, others?
Great this one, I like that you get your hands dirty. I see it too many times the boss has no idea the workers are not following thru. My little rental agency in Tokyo, they only want the commissions and don’t mind the details, small things add up. Dirty units, wrong accounting, things not getting answered.
A million dollars,
How long does it take?
Can you talk about saudi Arabia...They seem to have a vision to attract foreign investment
From my first day of work, in my 12years , i haven t made a million yet, buy i am definitely above the half. I have been able to save very little of it until now. Not complaining about my life and i do understand all your points. I know very well how i could make my own first million in few years, and that is to move away from italy for a while and then move back. I simply cannot/do not want to do that, both personally and family wise. Some nationalities are too tight to their country, as good and bad as it is
Leading from the front! Willing to get your hands dirty. 👊
This is my goal the next 10 years move out of the US
Its only getting worse.
The sooner the better.
Great plan because it will take 10 years for this country to get back to normal so stack up.
What's your educational background? If working for free is all it takes to learn and start on this path i can definitely do that but being college drop out in stem not business who's only work experience has been restaurants idk if maybe people will take me up on that offer to learn business with just a high school diploma
first commment, greetings from australia
Well, it's wonderful in my home country of AUSTRALIA - the people are all very humble, religious and respectful folk.
Oh, and incidentally, pigs can fly.🤪
Just curious what inventory means in the radio business.
I don't take upto $1600 and €700 for Free Monetization so kindly suggest how to move Abroad
The comments section is full of brokies that can’t wrap their head around how money and value is made. That there is some sort of grift or scam going on
As comment sections are wont to be.
This guy will never show you his actual bank statement. Without showing it, he's just hot air and YT grifting.
Not turnover but leftover
“There’s no excuse not to be successful these days” flies in the face of actual maths. That’s not to say more types of people can’t get rich or that there aren’t more ways to get rich.
Still, I have to raise an eyebrow at people who basically think those who aren’t rich are at fault because you’re telling me you don’t understand money… despite running a channel all about money 🤨
Informative video otherwise 👍
Unless you are under 30, if you take what you paid in taxes throughout your life and compound it, you would already be a millionaire too!
Your first million was gifted to you via cultural capital. ;)
I lost $13,000 trying to start my last company. I’ve tried 8 businesses in my life time and only lost money
What type of businesses?
hm
I have no money
But your mother loves you.
Get some you got this.
First!
So proud to have finally made my first first! Such an appropriate video title too 😂 💰
No 👎
Its a matter of accounting, fooling non accountants
I will also do some Cold Calls to some stations and make 60000 per Dollar. lol
I own one XRP!
❤ awesome. Might be all you need.
can I lease a Bugatti?!
need to flex.
You only become a millionaire when you have business NOT a job. What do I mean by that? You need to have a business that functions without you
Tell that to the CEOs of thousands of corporations. ☝️
Really “only” should be “are much, much, much more likely to”
You might work at your company, but you get to keep all the excess profits instead of the excess profit you make working at another company not owned by yourself.
Or of you're really important in a company, a CEO for ex. Or it's a commission based job. But yes most likely you need to own a business to have your first million.
@@wajihbec1087 yes but so few people make a million off salary and commission (or bonus) as a percent of all workers. Also rarely do you get their on your twenties.
You can become a millionaire by being an employee. You just have to keep saving an investing. Plenty of such people appear on the Dave Ramsey show also and none of them are businesspeople.
Well I am sure this guy has some money, but I don't think he'd still be on CZcams if he had billions. In fact, he is kind of unusual, as he is actually giving out valuable information and performing a useful service! Now its true that the service he provides is only really accessible to the rich, but nevertheless it seems like a useful service. Well I'll tell you what. If I win the lottery I will consider talking with his company. I know that America is for the most part semi-fascist. I would need to find a country that does not violate the rights of people who have had a history of "mental illness".
Regarding your last sentence - The mentally ill you are referring to are constitut loving Americans?
By the way, the reason that this guy doesn't employ men is because they're more entrepreneurial and he's worried they'll start their own competitor business once they have some experience and industry knowledge.
We employ plenty of men.
Please add a “What the hell are you even talking about?” button on CZcams. 🙏🏻
It would be the most worn out button anywhere.
I mean even if @nomadcapitalist did. So what? I’m not gonna lie I would do the same thing too. The society is too hyper competitive to rely on friends and think they won’t out bud you in the same business you made. If you have something great, never show it to someone for free
It’s like showing men how to perfectly become a hit man or how to become a fierce fighter or martial arts. You are risking on the fact that this guy may cause mayhem or start destroying everything you created. No such thing as friends
My theory is most of his income comes from CZcams
😂do u know u need thousands of views to make thousands on CZcams yes at least 30% of his income now is coming from youtube but where he started and what lead him to where he’s at right now isn’t because of CZcams plus he drops knowledge and you are able to learn something from every video so listen up and pay attention my guy
LOL, joke some more.
I think Andrew is one of the very few real ones on CZcams... He's basically promoting his business and dropping knowledge but making money out of these videos is just a byproduct!
@@dragosdiaconu629 Yes, I know this space quite well myself now and he mentions a lot of key issues in his videos and nuance that shows clearly that he's the real deal. But yes, it'll cost you for what he does because his specialty is handholding for people who don't have the time do DIY.
We don’t monetize or sell sponsorships on our CZcams channel.
Nothing of value. Just rambling like everyone else
Projection.
😂😂 pin of shame, pin of shame
I think most people don't like to hear most real and useful financial advice because it is rarely sexy or things they probably don't already in some way know or at least conceptually sort of understand already. In the end it is about developing good habits and breaking bad habits. Habits are like having currency sitting in a high interest low risk account. There isn't anything special you have to do to benefit from it besides just having it.
@johnhanna5967 My friend, this is not a good look. We've all said things we regret. I encourage you to re-think this approach.
This ain't valuetainment son
Unsubscribed.
Lmao what the heck did he do wrong
why u mad bud? was a decent video
The fruity affectations are a struggle to get through. The BS makes it even harder. Maximum qveer settings to overload!
I've found the content of this channel to be less and less interesting as the focus goes more and more money/tax oriented. It's got no more soul!
wow, the ego's needed to be checked out the door, what country is that in? Instead of all the flexing on their money on the internet