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  • Hey, tackle it here and welcome back to another episode of the attack Lead on the attack lead.

  • It is coffee time with your host attack lead on the tack.

  • Lied show.

  • Ah, so good.

  • And I like my coffee black because it tastes like success.

  • I thought I would take a few moments off my day today to tell you about how I personally made a $1,000,000 and whether felt like for me.

  • And you may be thinking that I'm just a disgusting guy just bragging about myself, and I couldn't agree more with you.

  • I think it's absolutely disgusting.

  • I disgust myself sometimes.

  • But you know what discussed me more?

  • Sometimes other people, and especially those people who are always funding over money, talking about bragging about what's going to be like when they finally reach some level of success when they finally make their $1,000,000 how they're going to be acting, what they're going to be doing?

  • I think a lot of imaginations are off.

  • A lot of it does not reflect the true reality.

  • What money buys you is going to be very different as you go up that ladder of success.

  • At first it buys you food, some water, some basic shelter housing.

  • But over time it doesn't really buy you much anymore.

  • What it really buys you towards the end is security, financial stability, flexibility.

  • That's why when oftentimes you hear about the statistic that most people, they only need some basic amount of money, say, 60 k 100 k something like that, Once they get to that level of income, additional income does not really change their lives all that much.

  • And that's pretty much true.

  • I'd have to agree with that.

  • You know, I made my 1st 1,000,010 years ago, and I was still look at people around me, my peers, people who have 10 times less money than me 100 times a 1,000,000 times less money than me.

  • And most people are essentially living very similar lives.

  • It's not like I'm going out there flying on first class plane tickets, taking luxurious vacations stained in seven star resource living, the instagram lifestyle retired, working from wherever I want, you know, it's not really quite like that.

  • I'm still holding on to a normal standard job.

  • I still go and I still eat the same food as everybody else I still go to McDonald's.

  • I just went through the other day.

  • I still eat cup around.

  • Monster Drink instant coffee.

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  • So one thing I want everybody to realize here and the right way to think about money is to understand that you already have access to a $1,000,000.

  • Probably most likely most people do through your friends network connections, family, siblings, cousins, your extended family you'll be able to come up with that amount of money if you really needed to, and many people without even knowing that they're already millionaires.

  • Because when their grand parents die when their parents die all that money through the generations, it may just end that flow into you and was really going on.

  • Is that a lot of people your parents are trying to shield you away from the leader of easy money such that you can build up a career?

  • You can build up something because one thing to know is that as soon as you start getting loads of money, you lose that motivation to work.

  • I've seen the multiple times.

  • Sometimes I actually be dating somebody, and then as soon as I accidentally reveal that I've got some money, I see all the intentions of working for this other person.

  • They just vanish, and the president just starts imagining city on the beach, and that's not really the direction you want to go because it's a short term gain.

  • But over the long term, you don't realize your full potential, and you always want to see how far can you really go as a person and over a long period of time, maybe over, say, 10 years, 20 years.

  • You may be able to build up something more, something far more than $1,000,000 there's a lot more in value, too.

  • Just having money alone is going to give your social status.

  • Help you build your self esteem, help you become a functioning member of society and see where you can go from there.

  • It's a lot funnier.

  • I can tell you when you're active and you're out of them about doing things that you think are meaningful, making a difference instead of just sitting alone by yourself on the beach drinking a mai tai.

  • And that's fun for only so long.

  • And as I mentioned, the lifestyle difference between somebody who has, say, like, a 1,000,000 bucks and someone who has 100 K in the bank very, very similar, there's almost no difference.

  • All money gets us a little bit more stability, security, flexibility.

  • Maybe you could get fired from your job more easily, and you would still be okay, and that's really about all it does for you.

  • But it's not like I could just go out and become a rock star guitarist right now, right?

  • I can't just go pursuing your dream that I want, because I know that even the fire to try and do that now or if I want to go become a painter, an artist, you know, it's just not going to be a productive use of my time.

  • You want and realize, though, was that it was very difficult for me to go back to work because I couldn't find a job that would pay me amount.

  • That was meaningful enough.

  • If you've got, like, a 1,000,000 bucks in the bank, then picking up a job that pays you say 100 K salary and then taxes take off half that gets you 50 k a year.

  • It's just not worth at that point.

  • And so that's why I mean that having money de motivates you it Miss aligns your priorities and just doesn't make sense to be working anymore.

  • But that's really a short term division.

  • It's funny that I remember at one point it made more sense for me to just focus on tax optimization strategies instead of actually working.

  • And so that's what I did for a number of months.

  • I just learned all about taxes.

  • Business taxes had to come up with the proper business structure because anything else I would do with have misaligned with the amount of money I would be making from that.

  • But you can see that that would not have really build up my skills in any meaningful way.

  • It would have just messed me up.

  • As soon as you accumulate wealth assets, your next job is to protect those assets.

  • And one way is through investing, perhaps through funding stocks.

  • Or you can try to grow your assets through business ideas.

  • I find that most people, when they use money as a way to limit their own capabilities like they'll say, I don't have enough money.

  • If only had enough, I could start business.

  • If only had enough.

  • I could go through something, and I would, you know, use that money and become rich.

  • You know, I think most of these plans people know it's not gonna work out anyway.

  • It would have been a complete waste of money.

  • That business would have ended in disaster.

  • If it was such a good idea, then you would have no problem finding investors, and the problem is that most people are limiting themselves.

  • They're thinking way too small.

  • Everybody's just thinking about how are they going to afford some small, stupid apartment?

  • They're trying to get into hard.

  • They're going to afford concert tickets to some event.

  • How are there going to be able to afford dinner as a Michelin star restaurant?

  • Everybody's thinking about me, me, me and their own smaller the world.

  • But if you were to expand your mind of thought and to take a look at all, the assets are truly within your reach within your capabilities within your network and then come with some venture, some business idea that may be worth Well, one thing to realize here is that I know that $1,000,000 sounds like a lot to you, but over time, actually, it's not so much.

  • In fact, I would say that most people in their lives will accumulate a $1,000,000 in wealth at some point right in tech, for example, you may get 100 k salary, and that's pretty standard, and over time you would actually go up to maybe 200 K 300 gay or higher than that.

  • And if you were to make like 100 K salary for 20 years, and then tax takes off half of that.

  • That's a 1,000,000 bucks right there.

  • Most people by the time they're in their late forties.

  • They've probably already got a 1,000,000 bucks saved up because they've been working in about 20 years by then.

  • So that's the funny thing is, I think the question is not how to become a 1,000,000 there, because all of us already are in some sense, right.

  • It's just delay 20 years or so.

  • But in the meanwhile, if we still continue to remain productive people thinking about the future, trying to be the best that we can, we're still going to be living a pretty decent lifestyle still living in lifestyle as if we had access to many more funds.

  • So I think the real question is, how do you get to a 1,000,000 bucks fast, right?

  • Let's say you don't want to wait 20 years, and that really has to do with writing waves.

  • Waves open up big opportunities for anybody and it becomes very easy to make money.

  • You don't have to struggle so much.

  • There's just going to be opportunity everywhere.

  • How did I make my 1st 1,000,000 Pretty simple.

  • It was through APS and honestly, it's not very interesting story we've seen in the past.

  • I have been a number of at milliners, right when Facebook at platform opened up when I phoned that platform open up when android at platform opened up or when everybody was moving to mobile There have been hundreds, if not thousands or tens of thousands off at milliners minted overnight.

  • I was probably just one of the many.

  • And if you were just in the right place at the right time and you knew how the code and just started making something, then you would have been in on that, too.

  • But throw all this.

  • I think one of the biggest surprises for me was how much money a $1,000,000 would be, how much money I would need to make.

  • You know.

  • I remember there would be days where I would be making 5000 bucks a day on ads in that purchases in game purchases, and I thought that was great.

  • I thought that was a lot of money, and then I would run this for a whole year.

  • Do you know how much money that would be after taxes.

  • And if you have a co founder, your co founder takes another half.

  • You know, 5000 over 365 days and then you get 1/4 of that.

  • That would be just about 450 K, and that's already quite the challenge, because we know that most after they don't last a year.

  • Right acts are kind of a fat based business.

  • They may be interesting, popular for a few months, but heavy and last a whole year.

  • I think that's really a challenge.

  • And so what I'm saying here is that you need to learn to charge for your work, find the way to create value and then charge for it.

  • The real money If you really want to make a lot of money fast, if you want to get to, say the $1,000,000 level, you're going to need to find the way to actually sell a real product, and that's for real money from it, not just a few cents here and there from advertising over.

  • Although I wanted to remind you guys that when you actually get to say the $1,000,000 mark, nothing changes, you don't feel any different.

  • You don't feel special.

  • It's not like in the movies where people become a 1,000,000 there and then they can go live in the house of their dreams and go sit on the beach or something like that.

  • You still continue to work, at least in Silicon Valley, where housing this very expensive.

  • So in the end, my best advice for you would be, too.

  • Remain open to opportunities and learn to charge for your work.

  • I understand how much you need to be charging.

  • You know you want to be looking for big opportunities here.

  • If there's something where it's just taking too much of your time, and you find that you're not able to charge much for it at all, maybe you're doing stuff for free.

  • Like for a while, for example, I was doing photography and I couldn't get people to pay me for it, and it just took up so much of my time.

  • I just stopped doing it, and that was probably the right choice.

  • At some point, when you do reach some level of sex as you're going to find that you had access to this wealth, this amount of money all along, you'll reach like a 1,000,000 bucks and wealth in your bank account, and then you go show it to your mom and dad like I did.

  • Your dad might come and say, Yeah, that's not too bad.

  • Not too shabby.

  • You still have a ways to go, though, and then you go look at your aunt and find that she and her husband are out living in some $3 million house overlooking the bay.

  • And that's kind of when you realized that perhaps you were just thinking about yourself this whole time and you weren't really leveraging the assets within your network within your family, the relationships that you may have and perhaps there were some miss opportunities here.

  • I would say that it would be a shame if you limit yourself based on the amount of money that you think you have access to.

  • And then you start doing things that don't build yourself up in a professional way or personal way.

  • Let me know where your thoughts are, though love to hear in the comments.

Hey, tackle it here and welcome back to another episode of the attack Lead on the attack lead.

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我是如何賺到100萬美金的,是什麼感覺? (How I made $1 million dollars, what it felt like)

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    林宜悉 發佈於 2021 年 01 月 14 日
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