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@@alonzor.2912 Not necessarily. I'm broke but I'm not poor. I mismanage money terribly unfortunately and am working on it but I have over 3 acres of land in an area that has pretty good value. And I have a place that I live on that land rent free. Financially I'm broke until my next paycheck but I'm not poor. If I really wanted to I could go get a loan against my land for my car. I've actually heard what he has said before. Being poor is where you just live it everyday. There's no money nor is there anything that you really have to call your own
@@alonzor.2912 there is rich and then wealthy.....rich is say having a well paying job but if that is gone you are screwed.......wealth is not having to worry about a paycheck ....multiple income streams is the key.
@@alonzor.2912 you are arguing over a definition prehaps he defines broke the way you do poor. It amounts to what you define as possible and the goals you set for yourself that create your reality.
@@alonzor.2912 I would argue that he is cash-poor. He has a valuable asset, but no liquid assets. The trick is cash-flowing that asset (i. e. land lease, sell a parcel of it, whatever), and then on another hand, make your labor more valuable.
I grew up in a middle class home. My dad worked in a factory for years and when I grew up I did the same. I worked in a factory for 17 years. The plant closed and I started my own plumbing business. I am starting to make good money. I am now connected to a large network of people. Rich,poor, middle class etc. I started the business about six months before the pandemic hit. I struggled a bit but I kept working through the pandemic and kept going. I am now working on bigger jobs and the money is now coming in. I surround myself with successful now and see how they work.
You are factually correct man....the evolving thinking on Depression is that a person becomes trapped in "the depressive situation".... you re broke,fat,boring,no friends, no game ??? Shrinks are figuring out there is no amount of prozac or zoloft gonna make you feel happy ! In that situation....Jordan Peterson says....everything else in life on track ?....yeah if depressed then a minimum dose of antidepressant always does the trick !. Works everytime.....
The best advice is the ones that disturb you the most. If it doesn't hurt it's a waist of time . It's why I am poor . And what you said is true. No one is to fault but me. Even if the the fault isn't all yours , it is up to that individual to take responsibility and adapt and over come the situation. Sadly I am 54 and I am just learning this . I made some huge mistakes. Thanks Richard for all the advice you have given and the wake up call. 👍 P. S. It's never to late . Even if your doing it only for your self. That's all that matters
I wanna also throw in that sometimes we need to hear from other people that we can accomplish things and be successful. Five years ago when I was selling cars, one of my clients that wrote a reader for a $147k Porsche Panamera GTS told me I'd own a business of my own someday when I was talking entrepreneurship with him and expressing my desire to work for myself. Now I try to pass it on to others (even if I don't fully believe it), because it truly snapped me upright and made me believe in myself. I now operate my own warranty agency for car dealerships and couldn't be happier.
A lot of folks don't realize that their own mindset plays a big role in everyday decision-making and the overall route that their lives go. Thanks a lot for this, man!
Great advice Rich. I was one of those guys that got the engineering degree and made my $150,000 a year. I used to hear people say that making $70,000 a year would be amazing and I did not understand that. But to me thinking about $1 million seemed out of reach. Now I am in my 40s and I’m working on breaking that mindset. I have only myself to blame as you said I used to listen to Adam Carolla a lot. He’s a huge car guy and he would say the same thing about the people he met at events and races. The guys that he met there were some of the nicest guys ever.
Gl man. I'm in the same boat as you. Engineer, making roughly 150k. I do agree with rich though. Making more is definitely doable. These days I just struggle with deciding whether or not it's worth the effort. I see the people making 300+ and they work their asses off. I'm chilling right now making 150 and life is well balanced. So I guess people could say I've gotten lazy. But I think there's also more to life than making tons of money.
I did this a year and half ago by changing what i thought of myself. Doubled my income and changed a lot for the better in personal life also Money dont buy happiness is not a real saying. Its nonsense The two are comnected but also mot connected We live in a monetized society on the earth and money brings what we need. Facts
@@jhershy1381 I agree. Money and happiness are connected. But at a certain point you make far more than you need to survive. I think at that point there's just overall less stress in life. I'm at a point where I can pretty much but whatever I want and still have tons to save and invest. So for me, I gotta ask if sacrificing more time is worth the added money.
@@BboyDaquack I agree with you too about making money. In general I'm just trying to change my mindset and break free. Not sure how I'm going to do it especially with paying lots of Child Support. But I know it can be done if I can get over these hurdles that I put in my head. I don't want to kill myself working my ass off either like those people making $300,000. There has to be a better way
@@jhershy1381 that's awesome man. It's nice to hear when people actually do it. Agreed with you that they are connected but they are also not connected as well. In this life currency is required whether that's dollars or pesos or your skills and ability. It's required to live so I agree man
I came across these ideas while reading Jung seventeen years ago. I summarise it as "you are the greatest limitation in your life". The challenge is to stop making excuses for failure, and that is an ongoing process, to a greater or lesser degree. I built a business from nothing that turned over almost $750,000 at its peak, and a large component of that was changing my self defeating attitude.
Thank you man. You deserve all the success you 've attained and more when you bring it to fruition. One thing I never understood is why people don't ADMIRE others who get of the pit and make it, and instead, they blame and piss on them. Never understood that part, which is exactly why me and my father are not having any kind of relationship any more. That guy is always miserable and blaming people, whilst spending hours upon hours watching sports team running over grassy soccer fields. I'm taking full responsibility for my faults, but I had to reach my early 30s to actually get it in my system. The victimhood mentality is a strong drug. A really strong drug. It's the real opium of the people...
People say money doesn’t buy happiness but that’s also bullshit because when you can’t pay your bill or can’t buy the house you want let’s see how happy you will feel
@@firstspar definitely, gives you more freedom from having to report to anyone, the same people who say money doesn’t buy happiness are the same people praying for god to bless them with material things lol
@@rochester3 Yep. Having more choices and options for your time is the best feeling ever. Not only that, people like to crap on things you can buy. But I can enjoyer higher quality items and experiences. I can appreciate the craftsmanship and effort it took to creating them. Having money just makes everything x times better. The argument that money can ruin your relationships with family or friends I think is weak too. Since, likely they were crappy before you had money anyway if that is the case.
I think that is a lie billionaire make so that poor people feel better about themselves. “It’s not all about the money we are depress too “ my ass lol…
Excellent straight to the point. Great summary of the real problem for most people: Reality is it's "between one's own ears." Change your views and change your life!
Amen brother! I was born in a third world country, wanted to be an astronaut. Studied aerospace, saved 50 % or more of my wage. Faced a communist government, changed country, faced currency devaluation, got divorced, got beaten on my job in the US facing losing it and sent back to Brazil. Got green card, changed job, made more money, got beaten again by girlfriend. I fell, I didn't quit I rose stronger. I missed the target of 40 but I'm close. I will make up for what I lost, I will grow even stronger. Life is hard, it will beat you. You fall, you don't quit, keep working, each day do one thing better and you will always grow. You fall, you raise, you get stronger. Today I work with rockets. Still aiming to go to space, still growing my net worth and network. You are what you believe and what you work for.
Educationally I attained a Bachelors and an MBA, started my career in '03 and have had success all along the way. However, about 5 years ago I finally had had enough of eeking it out even after topping 6-figures. When I started my own business I quickly found out that when you work for yourself you get to keep ALL the money. Still in my career, but on a path to be self-sufficient and moving towards 200k to 300k next year. When I hit 400k I'll step all the way into my own business and it will skyrocket. I call it "Escape velocity." Literally making more each month with my side-business working one day a week than my career job where I'm working 5. Break away, my friends.
You’re the dad I should have had… I know you’ve heard that before but seriously. My dad walked out on me at 16 and it fucked me royally. Been following your vids since 2018 and I can’t thank you enough for what you’ve taught me. I’m omw to making 6figs by 25 and have had a wild dating life. Your words have inspired me. Thank you
I watched your video with Andrew tate recently. The part about getting annoyed when you heard a nice, fast car really resonated with me. I'm tired of being a loser, I'm going to have an aventador in 5-10 years. I'm tired of working dead end jobs, I just coded my first android app. I'm gonna make it.
The reality is people are poor for different reasons, and not accounting for that and telling them it's their fault, is ignorant as fuck. I'm not mad, I do like your videos. But come on man, you can't libertarian your way out of everything in this life and you can't "reverse engineer" to find people's choices without accounting for extraneous factors such as health, trauma. Etc.
Always love your content Im 45, happily divorced over 7 years If I wasn't blue pilled when I was younger and never got married i would have retired a millionaire without owning a business Now I am pushing forward with personal growth and hope to build a side hustle in ecommerce. Never too late to grow
@@TILLEYJS John 8:32 'and you shall know the truth and the truth shall make you free'. Now who said that it will piss you off first, I dont know! But they are a genius! LOL
As a smart wealthy female, I will give you simple advice that will make you a millionaire in 15 years. Work hard and save something every day. Don’t spend more than you make. Ever! Until you have a nest egg. I saved a million dollars by age 35 that way. It’s not that hard to do.
That’s so true! I remember when I had my 9-5 job making around 120k per year and I never made more working there because that’s all I though was possible for me. Then I had my beliefs changed on potential. I quit that job when the recession hit to work for myself and now I make upward of 360k per year. Without a doubt a shift in my beliefs to what’s possible is making all the difference. Btw Rich I listened to you audiobook the unplugged alpha and it’s awesome. Thank you brother!
What I started is a concrete repair business, got sick of the average 40-50k salary. I do smaller jobs like steps and sidewalks and if I do like 5 jobs in a week, I make 450$ per = $2000+ a week. Much easier being a sole proprietor in terms of actually making money but riskier.
Either you are Born into munny, attain it illegally, or you're ok with No Friends. Guys like Rich has acquaintances and NOT FRIENDS. How many friends have you helped financially, without expecting anything back? Greed... I completely agree with your CAR SPEECH. Now that my sons are old enough, they can witness me grow financially at 40yrs old. Lies? Really? Slave myself to make you wealthy? I'd rather kick-doors. Self Employed is the ONLY WAY2GO
Don’t worry fellas, Rich is wrong, it’s not all your fault. Life is cruel, the world is against you. Many have tried much harder than him but have less than he has. Many have tried much harder than you, but have less than you. Hard work =/= results. You can work but you are not guaranteed the fruits of your labor. Do your best. Never give up. Cherish what you have now because everything is temporary.
This was years ago.. I had $10 in my account. I went over to my parents to ask for money. In the end I was too embarrassed to actual ask for money and ended up selling a lot of things on eBay and got a second job. I worked my butt off. Got a decent car. Then I took a hard look at myself and compared myself to what other people were doing. I got my foot in the door at a stable high paying job. Worked my @ss off even more and made it to tech. My life was never going to change until I hit rock bottom. Get off your @ss and stop hoping things will improve and MAKE them improve.
Wow, you would have most likely made it for sure if not for the divorces. Now I feel bad, I'm in my 40s & never even been on a date because I think women can only detract from my financial goals, but I still haven't made it.
@@william11724 Maybe. Giving it up & not having the wealth is even rougher. Just never seemed like a sacrifice at the time. But when you get to your 40s & you're still fighting in the trenches then see some guy on the internet went that route, had it go sour for them TWICE & still made it out of the trenches before you, you kind of go, huh. Well, that just happened.
In theory you are right. But in the real world it simply cannot be like that. We have limited resources, some things are made in limited quantity, having " a lot" of money allows you to not work anymore, if you want that... Now let's say ALL of us "do the work" and get millionaires by the age of 40. That means that ALL of us will afford to buy expensive cars. But here's the problem, if ALL of us can buy expensive cars, where's the "status"? Is it then an expensive car anymore? And what's even worse... that would mean that all of us could stop working... they would have enough money, right? Wrong, the market would adjust itself real fast, that million dollar would soon be almost useless... We can't all be rich, if we all would be rich, none of us would be rich... So yeah, nice motivational speech, but it's just that... a speech.
@@martyvanord984 Men seek women, women seek status, therefore men seek status to impress the women they desire. Most new cars lose almost half their value once driven off the lot! A poor investment, but a useful tool!
@ManOfFaithVII Exactly. But even if somehow we could have robots to do everything for us, we still could not be all rich, because then rich wouldn't mean rich, like I said. If everyone would afford a brand new Lambo or Ferrari, then what's the point? Sure, we would all live better, but nobody would really be "rich".
I started investing in my 20s because I knew that I wanted to be financially independent. It's really a question of determination and dedication. Start now and keep working on it.
Imagine society if every single person worked as hard as they could. Obviously this is impossible due to human nature but society would be so much better
You don't pick a job at all. Yes you need one, but the job isn't what's going to make you a millionaire. Ever hear the expression, time is money? Well money is also time. Unless you're a super Chad & can make millions off your looks/physical traits (Examples: Fabio, Tom Brady) or a genius who has wonderful ideas/skills, your only option is to literally bleed yourself out & sacrifice time for money. Most millionaires get there by investing. You won't reap the rewards until your 50s or 60s, but for the majority of people it's the only option. Live below your means so you can have $ to invest & let it compound over time. No skills/network/brilliance/physique needed. Just the discipline & willingness to sacrifice literally everything for decades. The biggest risk is you might not live to be 50 or 60. And even if you do you might be too old to enjoy it.
Ahw man, the Iroc-z28, back then I had my eyes on a 87/88 Pontiac Fiero GT, got it and still owning it to this day. A real classic nowadays. Currently driving a Merc. A45S AMG Performance, next one C45 AMG or we go the long distance for the GT AMG
Rich is not wrong but he’s missing the most important part. The How Bottom line-without a skill that brings value you won’t make money. So, what’s the skill you’re going to do the work on?
Rich. My man. Why not give these ppl some value. Tell them how to build a great portfolio instead of focusing on the end result. The end goal feels to far away for most ppl. Tell them how to start, step by step.
Dude, really? There are hundreds of RUclips channels, videos and books teaching step by step on how to make money and get rich in different industries. Rich making a course on how he made his money from credit repair business is probably not going to be a top option for most people.
"Birds of a feather flock together"...I spent more time w friends/acquaintances, who have limiting beliefs, cause of COVID & deaths in the family...now I gotta pivot to new peer groups focused on optimal livelihoods.....
Rick and I are about the same age, I had a 1989 IROCZ and worked my ass off to get it. I now drive a decked out mustang 5.0, no McLaren bit an working towards a GT500.
I am 50, but never really paid attention to anything like this. Thankfully I'm taking on many of these beliefs. I am independent now, but I came from an abusive family who were very controlling. I let that get to me, but I am living a great life by breaking boundaries not always listening to other peoples' negativity, and moving to Minneapolis/St. Paul, Minnesota. I came from rural Minnesota, where people demonize metropolitan living. I am retired military, and have a college degree, but I wanted the degree to satisfy my desire to learn.
Yes absolutely. Your beliefs absolutely determine how far you will go in life. I will add, also, that, figuring out what want in life is actually not super easy, acquiring material goods is a pretty simple life goal. Many other pursuits in life are much more rewarding. Which is why I think as much as Rich likes his cars, he is actually much more interested in helping people advance in life.
This is truth. When I was 17 my goal was to be wealthy by 35. Growing up poor was awful. I'm now 35 and didn't accomplish jack. I had parasitic parents and family bring me down but I let it happen. 17 year old me would be disappointed because I dropped the ball and let apathy eat my life. Now it's time to fix that even if it's late in the game.
Rich you are men !!! A lot of people around me who are living in Matrix are trying to shame you telling that you are masochist and privilege guy. I know your story and seeing people like you it more and more push me to be a better person. Thanks
I also agree with you, I've been working on that in the past years. My question is: how do you change that belief system, so ingrained in your mind that it seems like a neverending fight? I've seen many interviews of successful people mentioning rage and being upset as the place where they get the energy and motivation to get there, to prove that they are not worse than the next rich guy. What motivated you in the beginning and later on?
he is 100% correct.... first thing is you will never be wealthy working for a paycheck and if you dont think you can attain your goals you wont....being scared to take risks is normal but scared does not build wealth..
My beliefs keep me broke because I'm an old man with two skills and am now in a wheelchair. I'm trained to protect others or to drive offensively/defensively. So, now I'm retired.
I used to have the same mentality. The trick is to make the first $100,000. Once you get to $100,000 in the bank/liquid assets, then $1 million looks more attainable than when you are broke.
Very true about the point that cars don't get you girls. I also hate it when people say you only have a loud v8 to get attention. Why can't they just assume I love banging gears with that musical v8 rumble
It's all about the "mechanism" and ROT (return on time). Mine is measured in 25-50 basis points per day on managed assets ($10M), eg, $25-50k avg daily gross. Now scale that to $100M..
While there is a nuget of truth here, it is way over extrapolated into ideology . Its like women who are into the law of attraction, and its almost as absurd as saying anyone can be a professional athlete if they believe in themself.
A man that made it as a pro athlete knows how he did it and can tell ten other young men this is how you do it,you work hard blah,blah,blah,the truth is their are a lot of factors at play and one of the biggest for a person to be an athlete is they already possessed raw Talent,was genetically gifted physically same as a gal who made it as a model she was gifted with looks there's lots of factors at play it's not just one thing you can take 10 people yet only one may have a true chance at getting there not saying you can't try but it's not easy.
You can do all the work to become a great warrior and win many battles yet for every victory and battle you win it only takes that one battle where by all means you have all the skill to Win It yet one little thing can bring you down and end you Achilles heel is one of the greatest examples.
Rich, you are absolutely right Your thoughts will become flesh, you will get what you desire, if you really believe in you. Follow successful people they already imprinted footsteps. Just have discipline and the strong desire to to get to the top.
Signaling that money this day and age, with the car Rich can attract to much attention for my taste. What your thoughts on that? Well you sorta ended up answering it later In the video.
Rich and I have an understanding about nice cars that non-car people will never understand. It's the same non-car guys that lean on your car and say "oh it's just a car"
You're better than a lot. Iam 29 and have about negative 15000. But it's all about the mindset and believe. Iam fukcin broke now but it don't means iam in a few years. Iam also doing 30k a year atm.
Why are you only making $30,000 with a degree (you mention loans so I assume you have a degree)? You should be making double that. Go drive a truck, make $75k minimum.
@@ericmoore9444 Get a work at home job. You can make a lot more than $30,000k a year. Or go get a job where you work alone or only with 1 or 2 other people. I had really bad anxiety and this helped tremendously.
Have to agree with Rich about the cars. I'm a car guy and love classic German cars especially volkswagens. I don't own them to show off or brag. It's just what I'm into.
Liked German cars since I was teen. Maybe need to see them up close At the source where they are made and The rest should be a one two step In waking up to find piece with the 3 pointed be star. Got find inspiration in the things that one's Ignite the one's engine.
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Great video bro, Thanks for helping so much the young dudes like me!
Poverty is a disease
100% agree with you "update your beliefs", like Maxwell Maltz said “You can never outperform your own self-image.”
Exactly
@@zackrowan6241 eehh sure... thats what they ment...
I'm not poor I'm broke - broke is a temporary circumstance - poor is a lifestyle.
@@alonzor.2912 Not necessarily. I'm broke but I'm not poor. I mismanage money terribly unfortunately and am working on it but I have over 3 acres of land in an area that has pretty good value. And I have a place that I live on that land rent free. Financially I'm broke until my next paycheck but I'm not poor. If I really wanted to I could go get a loan against my land for my car. I've actually heard what he has said before. Being poor is where you just live it everyday. There's no money nor is there anything that you really have to call your own
@@alonzor.2912 there is rich and then wealthy.....rich is say having a well paying job but if that is gone you are screwed.......wealth is not having to worry about a paycheck ....multiple income streams is the key.
@@prepordietryin9119 Why aren't you growing vegetables and fruits on your land and selling them for $$$$
@@alonzor.2912 you are arguing over a definition prehaps he defines broke the way you do poor. It amounts to what you define as possible and the goals you set for yourself that create your reality.
@@alonzor.2912 I would argue that he is cash-poor. He has a valuable asset, but no liquid assets. The trick is cash-flowing that asset (i. e. land lease, sell a parcel of it, whatever), and then on another hand, make your labor more valuable.
Not getting married will speed up your chances of being a millionaire. The end.
I'll be on the city buses forever
This is true! Wives and children are expensive!!
I grew up in a middle class home. My dad worked in a factory for years and when I grew up I did the same. I worked in a factory for 17 years. The plant closed and I started my own plumbing business. I am starting to make good money. I am now connected to a large network of people. Rich,poor, middle class etc. I started the business about six months before the pandemic hit. I struggled a bit but I kept working through the pandemic and kept going. I am now working on bigger jobs and the money is now coming in. I surround myself with successful now and see how they work.
“Your life isn’t shit because you’re depressed; you’re depressed because your life is shit.”
- Cobra Tate
So which is it?
It Is shit, or it isn’t?
You are factually correct man....the evolving thinking on Depression is that a person becomes trapped in "the depressive situation".... you re broke,fat,boring,no friends, no game ??? Shrinks are figuring out there is no amount of prozac or zoloft gonna make you feel happy ! In that situation....Jordan Peterson says....everything else in life on track ?....yeah if depressed then a minimum dose of antidepressant always does the trick !. Works everytime.....
Same thing
This is more or less correct, I mean if you’re depressed…fix it. Figure out what about your life is depressing you and fix it.
This was so relevant in my life. My parents didn’t teach me anything! My network and mindset has been critical to the success I have today !!
My parents taught me that doing my homework and listening to my boss was going to make me "successful"
@@biditnow8869 Thats the path I am on now. What path did you take?
Same here brother... Parents taught me nothing... Had I followed their path , my life would be a complete mess , I'm glad I didn't
The best advice is the ones that disturb you the most. If it doesn't hurt it's a waist of time . It's why I am poor . And what you said is true. No one is to fault but me. Even if the the fault isn't all yours , it is up to that individual to take responsibility and adapt and over come the situation. Sadly I am 54 and I am just learning this . I made some huge mistakes. Thanks Richard for all the advice you have given and the wake up call. 👍 P. S. It's never to late . Even if your doing it only for your self. That's all that matters
Thanks for posting
I wanna also throw in that sometimes we need to hear from other people that we can accomplish things and be successful. Five years ago when I was selling cars, one of my clients that wrote a reader for a $147k Porsche Panamera GTS told me I'd own a business of my own someday when I was talking entrepreneurship with him and expressing my desire to work for myself. Now I try to pass it on to others (even if I don't fully believe it), because it truly snapped me upright and made me believe in myself. I now operate my own warranty agency for car dealerships and couldn't be happier.
Whether you think you can or think you can’t, you’re right.
Henry Ford quote.
A lot of folks don't realize that their own mindset plays a big role in everyday decision-making and the overall route that their lives go. Thanks a lot for this, man!
The advice given, and the comments are gold!!
Kings, Stay strong, hungry and hustle!!
Great advice Rich. I was one of those guys that got the engineering degree and made my $150,000 a year. I used to hear people say that making $70,000 a year would be amazing and I did not understand that. But to me thinking about $1 million seemed out of reach. Now I am in my 40s and I’m working on breaking that mindset. I have only myself to blame as you said
I used to listen to Adam Carolla a lot. He’s a huge car guy and he would say the same thing about the people he met at events and races. The guys that he met there were some of the nicest guys ever.
Gl man. I'm in the same boat as you. Engineer, making roughly 150k. I do agree with rich though. Making more is definitely doable. These days I just struggle with deciding whether or not it's worth the effort. I see the people making 300+ and they work their asses off. I'm chilling right now making 150 and life is well balanced. So I guess people could say I've gotten lazy. But I think there's also more to life than making tons of money.
I did this a year and half ago by changing what i thought of myself. Doubled my income and changed a lot for the better in personal life also
Money dont buy happiness is not a real saying. Its nonsense
The two are comnected but also mot connected
We live in a monetized society on the earth and money brings what we need. Facts
@@jhershy1381 I agree. Money and happiness are connected. But at a certain point you make far more than you need to survive. I think at that point there's just overall less stress in life. I'm at a point where I can pretty much but whatever I want and still have tons to save and invest. So for me, I gotta ask if sacrificing more time is worth the added money.
@@BboyDaquack I agree with you too about making money. In general I'm just trying to change my mindset and break free. Not sure how I'm going to do it especially with paying lots of Child Support. But I know it can be done if I can get over these hurdles that I put in my head.
I don't want to kill myself working my ass off either like those people making $300,000. There has to be a better way
@@jhershy1381 that's awesome man. It's nice to hear when people actually do it.
Agreed with you that they are connected but they are also not connected as well.
In this life currency is required whether that's dollars or pesos or your skills and ability. It's required to live so I agree man
I came across these ideas while reading Jung seventeen years ago. I summarise it as "you are the greatest limitation in your life".
The challenge is to stop making excuses for failure, and that is an ongoing process, to a greater or lesser degree.
I built a business from nothing that turned over almost $750,000 at its peak, and a large component of that was changing my self defeating attitude.
Thank you man. You deserve all the success you 've attained and more when you bring it to fruition. One thing I never understood is why people don't ADMIRE others who get of the pit and make it, and instead, they blame and piss on them. Never understood that part, which is exactly why me and my father are not having any kind of relationship any more. That guy is always miserable and blaming people, whilst spending hours upon hours watching sports team running over grassy soccer fields. I'm taking full responsibility for my faults, but I had to reach my early 30s to actually get it in my system. The victimhood mentality is a strong drug. A really strong drug. It's the real opium of the people...
People say money doesn’t buy happiness but that’s also bullshit because when you can’t pay your bill or can’t buy the house you want let’s see how happy you will feel
I recently started making more money. Without a doubt, money can improve your happiness.
@@firstspar definitely, gives you more freedom from having to report to anyone, the same people who say money doesn’t buy happiness are the same people praying for god to bless them with material things lol
@@rochester3 Yep. Having more choices and options for your time is the best feeling ever. Not only that, people like to crap on things you can buy. But I can enjoyer higher quality items and experiences. I can appreciate the craftsmanship and effort it took to creating them. Having money just makes everything x times better. The argument that money can ruin your relationships with family or friends I think is weak too. Since, likely they were crappy before you had money anyway if that is the case.
@@firstspar honesly, people who end up treating you different when you get money have poor mentality, they never respected you to begin with
I think that is a lie billionaire make so that poor people feel better about themselves. “It’s not all about the money we are depress too “ my ass lol…
Excellent straight to the point. Great summary of the real problem for most people: Reality is it's "between one's own ears." Change your views and change your life!
Amen brother!
I was born in a third world country, wanted to be an astronaut. Studied aerospace, saved 50 % or more of my wage. Faced a communist government, changed country, faced currency devaluation, got divorced, got beaten on my job in the US facing losing it and sent back to Brazil. Got green card, changed job, made more money, got beaten again by girlfriend. I fell, I didn't quit I rose stronger. I missed the target of 40 but I'm close. I will make up for what I lost, I will grow even stronger.
Life is hard, it will beat you. You fall, you don't quit, keep working, each day do one thing better and you will always grow. You fall, you raise, you get stronger.
Today I work with rockets. Still aiming to go to space, still growing my net worth and network. You are what you believe and what you work for.
Congratulations!!
You are a hero
Educationally I attained a Bachelors and an MBA, started my career in '03 and have had success all along the way. However, about 5 years ago I finally had had enough of eeking it out even after topping 6-figures. When I started my own business I quickly found out that when you work for yourself you get to keep ALL the money. Still in my career, but on a path to be self-sufficient and moving towards 200k to 300k next year. When I hit 400k I'll step all the way into my own business and it will skyrocket. I call it "Escape velocity."
Literally making more each month with my side-business working one day a week than my career job where I'm working 5. Break away, my friends.
You’re the dad I should have had… I know you’ve heard that before but seriously. My dad walked out on me at 16 and it fucked me royally. Been following your vids since 2018 and I can’t thank you enough for what you’ve taught me. I’m omw to making 6figs by 25 and have had a wild dating life. Your words have inspired me. Thank you
I watched your video with Andrew tate recently. The part about getting annoyed when you heard a nice, fast car really resonated with me. I'm tired of being a loser, I'm going to have an aventador in 5-10 years. I'm tired of working dead end jobs, I just coded my first android app. I'm gonna make it.
The reality is people are poor for different reasons, and not accounting for that and telling them it's their fault, is ignorant as fuck.
I'm not mad, I do like your videos. But come on man, you can't libertarian your way out of everything in this life and you can't "reverse engineer" to find people's choices without accounting for extraneous factors such as health, trauma. Etc.
Always love your content
Im 45, happily divorced over 7 years
If I wasn't blue pilled when I was younger and never got married i would have retired a millionaire without owning a business
Now I am pushing forward with personal growth and hope to build a side hustle in ecommerce.
Never too late to grow
Lusting after an IROC-Z, back in the day, to driving a McLaren, today: success is a moving target.
Mirror time can be painful. The truth really does hurt sometimes.
But it feels amazing to shed the lies.
At first the truth will piss you off.... Then it will set you free.
I forget who said that lol.
@@TILLEYJS John 8:32 'and you shall know the truth and the truth shall make you free'. Now who said that it will piss you off first, I dont know! But they are a genius! LOL
I honestly want to tell you thank you Rich for that motivating reality check.
As a smart wealthy female, I will give you simple advice that will make you a millionaire in 15 years. Work hard and save something every day. Don’t spend more than you make. Ever! Until you have a nest egg. I saved a million dollars by age 35 that way. It’s not that hard to do.
That’s so true! I remember when I had my 9-5 job making around 120k per year and I never made more working there because that’s all I though was possible for me. Then I had my beliefs changed on potential. I quit that job when the recession hit to work for myself and now I make upward of 360k per year. Without a doubt a shift in my beliefs to what’s possible is making all the difference. Btw Rich I listened to you audiobook the unplugged alpha and it’s awesome. Thank you brother!
What business did you make?
What I started is a concrete repair business, got sick of the average 40-50k salary. I do smaller jobs like steps and sidewalks and if I do like 5 jobs in a week, I make 450$ per = $2000+ a week. Much easier being a sole proprietor in terms of actually making money but riskier.
@@basicboomer519 Ah nice, Thanks for the response
@@basicboomer519 how did you learn how to do that?
Either you are Born into munny, attain it illegally, or you're ok with No Friends. Guys like Rich has acquaintances and NOT FRIENDS. How many friends have you helped financially, without expecting anything back? Greed... I completely agree with your CAR SPEECH. Now that my sons are old enough, they can witness me grow financially at 40yrs old.
Lies? Really? Slave myself to make you wealthy? I'd rather kick-doors. Self Employed is the ONLY WAY2GO
Thank you man. Been watching you for about 3 years now. It's time to update my beliefs 📝🙌
Don’t worry fellas, Rich is wrong, it’s not all your fault. Life is cruel, the world is against you. Many have tried much harder than him but have less than he has. Many have tried much harder than you, but have less than you. Hard work =/= results. You can work but you are not guaranteed the fruits of your labor. Do your best. Never give up. Cherish what you have now because everything is temporary.
This is golden advice. Ty Rich.
Truth is not always the easiest thing to hear, but it speaks volumes and is at the precipice of self-improvement. Cheers Rich!
This was years ago.. I had $10 in my account. I went over to my parents to ask for money. In the end I was too embarrassed to actual ask for money and ended up selling a lot of things on eBay and got a second job. I worked my butt off. Got a decent car. Then I took a hard look at myself and compared myself to what other people were doing. I got my foot in the door at a stable high paying job. Worked my @ss off even more and made it to tech. My life was never going to change until I hit rock bottom. Get off your @ss and stop hoping things will improve and MAKE them improve.
From about 15, I had the goal set at being a millionaire by 30, didn't make it. Made it by late 30s though. (Two divorces 🤦)
The red pill helps one accumulate AND preserve wealth
Dam!! two divorces
Wow, you would have most likely made it for sure if not for the divorces. Now I feel bad, I'm in my 40s & never even been on a date because I think women can only detract from my financial goals, but I still haven't made it.
@@zakuzeon7382 never been on a date? I like making money like the next guy but man giving up your youth to seek wealth is a scam on life
@@william11724 Maybe. Giving it up & not having the wealth is even rougher. Just never seemed like a sacrifice at the time. But when you get to your 40s & you're still fighting in the trenches then see some guy on the internet went that route, had it go sour for them TWICE & still made it out of the trenches before you, you kind of go, huh. Well, that just happened.
In theory you are right. But in the real world it simply cannot be like that. We have limited resources, some things are made in limited quantity, having " a lot" of money allows you to not work anymore, if you want that... Now let's say ALL of us "do the work" and get millionaires by the age of 40. That means that ALL of us will afford to buy expensive cars. But here's the problem, if ALL of us can buy expensive cars, where's the "status"? Is it then an expensive car anymore?
And what's even worse... that would mean that all of us could stop working... they would have enough money, right? Wrong, the market would adjust itself real fast, that million dollar would soon be almost useless... We can't all be rich, if we all would be rich, none of us would be rich...
So yeah, nice motivational speech, but it's just that... a speech.
status is seeking worth in others eyes. It is different than spending money on something that holds value and gives you enjoyment as you use it.
@@martyvanord984 Men seek women, women seek status, therefore men seek status to impress the women they desire. Most new cars lose almost half their value once driven off the lot! A poor investment, but a useful tool!
@ManOfFaithVII Exactly. But even if somehow we could have robots to do everything for us, we still could not be all rich, because then rich wouldn't mean rich, like I said. If everyone would afford a brand new Lambo or Ferrari, then what's the point? Sure, we would all live better, but nobody would really be "rich".
I started investing in my 20s because I knew that I wanted to be financially independent. It's really a question of determination and dedication. Start now and keep working on it.
I heard somewhere "The only thing holding you back, is who you think you're not".
Don't let who you are get in the way of who you can become.
I'm a 43 yo drop out. Today, I am negotiating the multimillion dollar sale of my first company. Keep sharing facts. Some of us are listening
"I want you to watch the entire video and pay attention" 😂
A masterclass in Alpha mind control right there!
Millionaire at 40 is highly achievable especially if you start between 15 to 25.
its achievable but it shouldn't be an expectation because its bot a reality for the vast majority of people
Imagine society if every single person worked as hard as they could. Obviously this is impossible due to human nature but society would be so much better
@@johnnybaxter1953 There would still be a lot of poor people though.
Appreciate the honesty, we all struggle that’s what makes life great.
Here's my issue: What to focus on specifically to be a millionaire. Surely you dont just pick a job in a hat.
Figure out what you're passions are, that other people are find valuable. Then ask people how to monetize that. Then execute.
You don't pick a job at all. Yes you need one, but the job isn't what's going to make you a millionaire. Ever hear the expression, time is money? Well money is also time. Unless you're a super Chad & can make millions off your looks/physical traits (Examples: Fabio, Tom Brady) or a genius who has wonderful ideas/skills, your only option is to literally bleed yourself out & sacrifice time for money. Most millionaires get there by investing. You won't reap the rewards until your 50s or 60s, but for the majority of people it's the only option. Live below your means so you can have $ to invest & let it compound over time. No skills/network/brilliance/physique needed. Just the discipline & willingness to sacrifice literally everything for decades. The biggest risk is you might not live to be 50 or 60. And even if you do you might be too old to enjoy it.
@@zakuzeon7382 I understand your point.
I would recommend the millionaire fastlane book by Mj Demerco.
It talks about it well.
Ahw man, the Iroc-z28, back then I had my eyes on a 87/88 Pontiac Fiero GT, got it and still owning it to this day. A real classic nowadays. Currently driving a Merc. A45S AMG Performance, next one C45 AMG or we go the long distance for the GT AMG
Absolutely no one gets rich in this world being 100% honest. No one.
The surest way to remain poor is to be honest" Napoleon quotes"
word.
He was doing shady credit reduction and found an angle in there somewhere. Yes, he worked hard.......but he slimed too.
I BELIEVE! Great advice!
really glad to see you hitting this at the core - beliefs, if anyone has challenges changing beliefs, there is a lot on CBT and DBT that can help you.
Beliefs create reality
Rich is not wrong but he’s missing the most important part. The How
Bottom line-without a skill that brings value you won’t make money.
So, what’s the skill you’re going to do the work on?
That’s really for you to decide but is the hardest decision.
"Whether you think you can or you can't, you're right" - Henry Ford
Rich. My man. Why not give these ppl some value. Tell them how to build a great portfolio instead of focusing on the end result. The end goal feels to far away for most ppl. Tell them how to start, step by step.
Dude, really? There are hundreds of RUclips channels, videos and books teaching step by step on how to make money and get rich in different industries. Rich making a course on how he made his money from credit repair business is probably not going to be a top option for most people.
@@dinodino1620 that's a pretty specific industry.
Invest in Apple stock!
@@inconnu4961 I'd rather just invest in my own company
"Birds of a feather flock together"...I spent more time w friends/acquaintances, who have limiting beliefs, cause of COVID & deaths in the family...now I gotta pivot to new peer groups focused on optimal livelihoods.....
Rick and I are about the same age, I had a 1989 IROCZ and worked my ass off to get it. I now drive a decked out mustang 5.0, no McLaren bit an working towards a GT500.
I am 50, but never really paid attention to anything like this. Thankfully I'm taking on many of these beliefs. I am independent now, but I came from an abusive family who were very controlling. I let that get to me, but I am living a great life by breaking boundaries not always listening to other peoples' negativity, and moving to Minneapolis/St. Paul, Minnesota. I came from rural Minnesota, where people demonize metropolitan living. I am retired military, and have a college degree, but I wanted the degree to satisfy my desire to learn.
I can't state how much I appreciate you my man! This was perfectly timed! I've been slacking the past few days and this is just what I need, ty!
Bought your book, it takes it's time getting here.
Can't wait to feed my brain with more good knowlage, i allways need to become better.
Thank you. Excellent advice. I will share this with my fellow brethren.
Yes absolutely. Your beliefs absolutely determine how far you will go in life. I will add, also, that, figuring out what want in life is actually not super easy, acquiring material goods is a pretty simple life goal. Many other pursuits in life are much more rewarding. Which is why I think as much as Rich likes his cars, he is actually much more interested in helping people advance in life.
This is truth. When I was 17 my goal was to be wealthy by 35. Growing up poor was awful. I'm now 35 and didn't accomplish jack. I had parasitic parents and family bring me down but I let it happen. 17 year old me would be disappointed because I dropped the ball and let apathy eat my life. Now it's time to fix that even if it's late in the game.
Changing my beliefs wont make my boss to pay me more money.
True! But sleeping with him might! LOL hey, it works for women!!
Rich you are men !!! A lot of people around me who are living in Matrix are trying to shame you telling that you are masochist and privilege guy. I know your story and seeing people like you it more and more push me to be a better person. Thanks
Totally agree. I seriously believe i will get there...im just looking for the next opportunity...
I also agree with you, I've been working on that in the past years. My question is: how do you change that belief system, so ingrained in your mind that it seems like a neverending fight?
I've seen many interviews of successful people mentioning rage and being upset as the place where they get the energy and motivation to get there, to prove that they are not worse than the next rich guy. What motivated you in the beginning and later on?
The Millionaire Fastlane is a great book.
You got to believe in yourself that you are deserving/ raise your standard and put in the fucking work to accomplish it.
I remember the IROC camaros, one of the better "sporty" cars from the 80s.
You can still get them fairly cheap if you want a classic from the 80s,
he is 100% correct.... first thing is you will never be wealthy working for a paycheck and if you dont think you can attain your goals you wont....being scared to take risks is normal but scared does not build wealth..
My beliefs keep me broke because I'm an old man with two skills and am now in a wheelchair. I'm trained to protect others or to drive offensively/defensively. So, now I'm retired.
Haha IROC-Z.... Yessss!
You just moved up a notch in my book
it's all true! thanku for ur guidance sir
The lady in the van beside you at 7:39 😂😂😂
I used to have the same mentality. The trick is to make the first $100,000. Once you get to $100,000 in the bank/liquid assets, then $1 million looks more attainable than when you are broke.
Im at just over one mill. Really trying to figure out how to get to 10mill
Very true about the point that cars don't get you girls. I also hate it when people say you only have a loud v8 to get attention. Why can't they just assume I love banging gears with that musical v8 rumble
I love your videos Rich - thank you for helping us learn how to think and find the path to success
TOP MARKS RICH.
NAIL ON THE HEAD
🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯
Believe in yourself
It's all about the "mechanism" and ROT (return on time). Mine is measured in 25-50 basis points per day on managed assets ($10M), eg, $25-50k avg daily gross. Now scale that to $100M..
Thanks for the wake up call, Rich.
Like your show. Rich you speak facts thanks
the available sources of income had never been more abundant!! Leverage has never been so powerful!
While there is a nuget of truth here, it is way over extrapolated into ideology . Its like women who are into the law of attraction, and its almost as absurd as saying anyone can be a professional athlete if they believe in themself.
A man that made it as a pro athlete knows how he did it and can tell ten other young men this is how you do it,you work hard blah,blah,blah,the truth is their are a lot of factors at play and one of the biggest for a person to be an athlete is they already possessed raw Talent,was genetically gifted physically same as a gal who made it as a model she was gifted with looks there's lots of factors at play it's not just one thing you can take 10 people yet only one may have a true chance at getting there not saying you can't try but it's not easy.
Needed this video as I am contemplating a job promotion.... A huge up in responsibility, but also a pay check.... Grappling with the gear of failure
Couldn’t of said it any better than that Rich. You’re right on.
Good thing I updated my beliefs.
You can do all the work to become a great warrior and win many battles yet for every victory and battle you win it only takes that one battle where by all means you have all the skill to Win It yet one little thing can bring you down and end you Achilles heel is one of the greatest examples.
Hey Rich, what do you think of the Nissan GTR?
If you do what everybody else does, you will get what everybody else gets.
This is 100% accurate!
Be brave enough to face yourself
Rich, you are absolutely right
Your thoughts will become flesh, you will get what you desire, if you really believe in you.
Follow successful people they already imprinted footsteps. Just have discipline and the strong desire to to get to the top.
Thank you for producing such informative videos. I'm sure they help many people.
Thank you, Rich.
Signaling that money this day and age, with the car Rich can attract to much attention for my taste. What your thoughts on that? Well you sorta ended up answering it later In the video.
You know what makes you poor caring about not having money if don't care about not having money you can never poor
I needed to hear this today exactly
Rich and I have an understanding about nice cars that non-car people will never understand. It's the same non-car guys that lean on your car and say "oh it's just a car"
Thanks for the dose of reality.. appreciate it
I’m almost 31 and I only have 13,000 in the bank making 30,000 a year. Paying off student loans out me so far behind.
You're better than a lot. Iam 29 and have about negative 15000. But it's all about the mindset and believe. Iam fukcin broke now but it don't means iam in a few years. Iam also doing 30k a year atm.
Why are you only making $30,000 with a degree (you mention loans so I assume you have a degree)? You should be making double that. Go drive a truck, make $75k minimum.
I have anxiety issues so it’s hard for me to get a good job but I’m not giving up. And my degree was useless.
Keep fighting for a better future!
I paid off 38,000 in student loans making 30k so you can definitely get that 15 gone. You got this!
@@ericmoore9444 Get a work at home job. You can make a lot more than $30,000k a year. Or go get a job where you work alone or only with 1 or 2 other people. I had really bad anxiety and this helped tremendously.
Amen. I will watch and LISTEN to this a few times. Thankyou Sir
Have to agree with Rich about the cars. I'm a car guy and love classic German cars especially volkswagens. I don't own them to show off or brag. It's just what I'm into.
Liked German cars since I was teen.
Maybe need to see them up close
At the source where they are made and
The rest should be a one two step
In waking up to find piece with the 3 pointed be star.
Got find inspiration in the things that one's Ignite the one's engine.