Real Estate / Investing 101 The ONE thing most Millionaires do that makes them Millionaires
The ONE thing most Millionaires do that makes them Millionaires Transcript and Lesson Notes
This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this i
Quick Summary
This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this i
Key Takeaways
- Review the core idea: This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this i
- Understand how how to be a millionaire fits into The ONE thing most Millionaires do that makes them Millionaires.
- Understand how how i became a millionaire fits into The ONE thing most Millionaires do that makes them Millionaires.
- Understand how your money or your life fits into The ONE thing most Millionaires do that makes them Millionaires.
- Understand how how to make passive income fits into The ONE thing most Millionaires do that makes them Millionaires.
Key Concepts
Full Transcript
This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this is what it is. Enjoy! Add me on Instagram/Snapchat: GPStephan Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The thing is, when it comes to growing your wealth and eventually crossing the million-dollar mark, no matter what you do, the reality is that you can only do so much on your own…you WILL need help. And this is what many current millionaires understand really, really well. There’s only so much they can generate on their own before they reach a plateau in terms of performance, and this is where this strategy kicks in and takes over. Consider this - even if you’re able to SAVE $50,000 per year after your expenses and taxes, it’s going to take you 20 YEARS to become a millionaire. So what do most financially successful people do, instead? They get help…in the form of using their money to work for them. This is what nearly EVERY SINGLE financially successful person I’ve ever met does. No matter WHAT you do, whether you’re paid hourly, paid on a commission, or paid passively…beyond a certain level, you will NEED to put your money to work to make you more money. The money you save is most valuable money you have, and it has the potential to grow far beyond what you can earn with your time. And this is what almost every single millionaire I’ve ever met does…they will work, save, invest, repeat. But the “invest” part snowballs to a point where eventually, you make more money through your investments than you can possibly earn with your time. Even now, I’d say the money I make from buying properties and INVESTING almost matches the income I make as a Real Estate Agent….this is powerful, because I’ve essentially almost doubled my income without doubling my work load. I’m sure over the next few years, I’ll actually start making MORE investing than I can earn with my own time as a Realtor. So you will, too, at some point in time, do the same thing if you want to expedite your wealth. Utilize your money as a TOOL to generate more money in the form of investing. And this, unfortunately is what most people miss - even though it’s obvious, only a small percentage of people actually do this. So just by knowing and being conscious of this with your money, you’ll be in a better position to take advantage of this and eventually have your investments working for you, instead of you working for money. Investing, above everything else, is going to be the clear path to be independently, financially independently. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Lesson FAQs
What is The ONE thing most Millionaires do that makes them Millionaires about?
This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this i
What key concepts are covered in this lesson?
The lesson covers how to be a millionaire, how i became a millionaire, your money or your life, how to make passive income, passive income 101.
What should I learn before The ONE thing most Millionaires do that makes them Millionaires?
Review the previous lessons in Real Estate / Investing 101, then use the transcript and key concepts on this page to fill any gaps.
How can I practice after this lesson?
Practice by applying the main concepts: how to be a millionaire, how i became a millionaire, your money or your life, how to make passive income.
Does this lesson include a transcript?
Yes. The full transcript is visible on this page in indexable HTML sections.
Is this lesson free?
Yes. CourseHive lessons and courses are available to learn online for free.
