The 3 Millionaire Skills I Wish I Knew at 20

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  • Опубликовано: 29 окт 2024

Комментарии • 298

  • @VincentChan
    @VincentChan  2 года назад

    💵 Increase your cashflow in 5 minutes every week, for free → vincentchan.co/cashflow
    📈 Prepare for the investing day in just 1 minute, for free → dailymarketbriefs.com/
    🎬 Grow Your Educational RUclips Channel & Build an Income-Generating Machine → vincentchan.co/cba-training/

  • @beardjuice
    @beardjuice 2 года назад +382

    1. Specific knowledge.
    -gain experience
    -find your knack
    -be irreplaceable
    2. Accountability
    -take credit and responsibility
    -gain a reputation
    -failure -> specific knowledge
    3. Compounding + leverage
    -minimize input
    -maximise output
    -buy things = more efficient
    -hire people = less effort
    -the internet = set and forget
    ...had to watch this twice.
    You're welcome.

  • @AhmetKaan
    @AhmetKaan 2 года назад +542

    *Every family has a person who breaks the chain of poverty and exceeds every expectation possible...*
    I hope you be that person my friend. 🖤

  • @moniquei4524
    @moniquei4524 2 года назад +5

    I thought this might help - I subscribe to a lot of your tube personal finance and what attracts me and keeps my attention is good info, video quality, and TONE of voice. There are probably good creators who have bad sound/voice/acoustics that I just can’t stand to listen to so I miss all the good info. Congrats on a successful channel

  • @PierceJPeterson
    @PierceJPeterson 2 года назад +22

    The content you produce is fire man! Love how relatable everything is

    • @VincentChan
      @VincentChan  2 года назад

      thank so much pierce :) What did you think of the video?

  • @backtolove
    @backtolove 2 года назад +8

    It’s cool how some of ur videos relate to each other. But I feel like u understand what the young generation is going through. It’s like we’re In this together for finically freedom

    • @VincentChan
      @VincentChan  2 года назад +2

      We’re in this together! We got this

  • @KaiVertigoh
    @KaiVertigoh 2 года назад +4

    This was an incredibly vivid and well-spoken video compiling a lot of high-level ideas! Happy you popped up in my suggested Vincent, subscribed and appreciate the knowledge you’ve shared in this :)

  • @babybbbb
    @babybbbb 2 года назад +157

    I think it was 1) Find the thing you are passionate about that you enjoy 2) Don’t be afraid to acknowledge and learn from your failures 3) Utilize code and media leverage like RUclips and the internet to your advantage :)

  • @arielzshell
    @arielzshell 2 года назад +146

    I'm under a lot of stress in life now b/c I've quit my job earlier this year, trying to become an entrepreneur, doing RUclips and Loan agent, it's a hard journey, no matter how hard I tried, I'm still not successful at it. I pretty much gave up and start looking for a job again, I thought it would be pretty easy to find another job in my old career as a technical program manager, but its not, so again, I feel I'm a failure, and want to hide. After watching your video, it reminded me failure is normal, I should learn to accept it, have it make me a better me, and keep going. I'm also very lost on if I should focus my energy and time on RUclips channel, loan business or find a job...

    • @davidseo677
      @davidseo677 2 года назад +9

      Im in the same position ariel. I recently applied for many different work from home jobs as an employee because i failed multiple times this year as an entrepreneur. We will make it though! Dont ever lose your passion

    • @babybbbb
      @babybbbb 2 года назад +2

      Good luck.

    • @jadetaylor1731
      @jadetaylor1731 2 года назад +7

      I would say try and find a job but still continue to put time and effort into building your RUclips channel and any other business ideas you have. You have 24hours in a day so after work when you would usually end up watching Netflix, use that time to invest in yourself. Keep up the hard work & don’t get easily discouraged by your failures because they will ultimately make you stronger x

    • @Aj__Lopez
      @Aj__Lopez 2 года назад +11

      Failure is not the opposite of success, it’s a part of it.

    • @manuelenriquereal5645
      @manuelenriquereal5645 2 года назад

      You got this shawty!!!

  • @NolanGouveia
    @NolanGouveia 2 года назад +7

    Long term holds into solid index funds or ETFs with low fees consistently is how I made 7 figures by 30. Might be “boring investing” but if I’m looking for excitement I’ll go watch Fast & Furious 😂🤙

  • @engr.raffidimakuta7711
    @engr.raffidimakuta7711 2 года назад +5

    I am moved with how you emphasized failure. A gentle and straightforward reminder that failure spares no man. Thanks.
    For long been aspiring entrepreneurs like myself, and still zero knowledge on entrepreneurship, videos like this is a good upward crest for our declining morale.
    New subscriber from the Philippines. Will watch more of your contents.

  • @mishkaatrawjee1271
    @mishkaatrawjee1271 2 года назад +21

    This is the exact situation I am in. I graduated 3 years ago with a masters in computer science. I work as an independent tutor now. And I really love it. The past 3 years everyone around me just expects I’ll get a job in tech soon. Because you have to use your degree right. But it just doesn’t appeal to me. I don’t want to be working 10 hours straight looking at a software bug. I’ve now realized I don’t have to get a job in tech because “that’s the right thing to do”. I can grow my business, make it scalable and break these stereotypes of “you’re wasting your valuable degree”. My degree was valuable to me. I’m glad I did it. But I don’t have to be held down by it.

  • @Nintentional
    @Nintentional 2 года назад +2

    This is only my 2nd video I’ve seen by you and I am hooked. So glad the algorithm recommended your channel 👌🏼

  • @Audit640
    @Audit640 2 года назад +5

    I watch you because you seem modest and humble and your contents are interesting. It was easier when you just talk about stocks and I just buy it. Now, it's a.little different,. I really don't have room in the garage to rent out storage space. My cooking skills is horrendous. My shopping skills for resale works, but I end up hodling my merchandise. I was going to sell Amazon merchandise that I can buy from the Asian grocery next door, but still too lazy. Still watching your videos for motivations. Thanks you

  • @97angelkook
    @97angelkook 2 года назад +7

    tbh this was such a nice video! You are probably one of the first financial RUclipsrs I watched out of curiosity and you did not try to push something like "your courses" onto the viewers! This was such a nice video! Very well spoken and packed with helpful information! :D Keep doing your hard work

  • @Minuitestla
    @Minuitestla 2 года назад +2

    The reason I watch you: you have some kind of calmness around you. I just feel so much at ease watching and listening to you (in a non creepy way I promise lol). And obviously your hidden jokes, you have a greate sense of humor!

  • @anaventura7697
    @anaventura7697 Год назад

    You are genuine, that is the difference, stay safe Vincent Chan...

  • @JovitoSahain
    @JovitoSahain 2 года назад +184

    Watched some of your videos and something that attracts me that it's always relatable. Many financial youtubers but only a few that's relatable for me. Keep it up dude! love the content

    • @VincentChan
      @VincentChan  2 года назад +4

      Thanks so much jovito :) truly appreciate you and your comment!!!

    • @8Frostie
      @8Frostie 2 года назад +4

      i completely agree!

    • @KevinTheSoftwareTester
      @KevinTheSoftwareTester 2 года назад +1

      I am glad I’m not the only one who thinks this!

  • @tecoboy
    @tecoboy 2 года назад +19

    I love the way you express these otherwise complicated concepts. Sometimes we get overwhelmed be the small picture ideas when we should be concerned with the big picture.
    A financiar plan is needed but more important is a lot discipline.
    Thank you!

  • @GYX2021
    @GYX2021 2 года назад +6

    Great video! Happy holidays! BTW, my daughter who is 15, loves your videos. I hope you will make more videos for teenagers

    • @VincentChan
      @VincentChan  2 года назад +2

      thank you heidi! im so glad you daughter enjoys my content :) appreciate it!

  • @BiesingerFIREJourney
    @BiesingerFIREJourney 2 года назад +2

    100% agree that become wealthy takes time and discipline! Luck is all around us, we just have to be ready to take those opportunities and not give up!!

  • @sojuboy6417
    @sojuboy6417 2 года назад +3

    Glad i sub to this channel

    • @VincentChan
      @VincentChan  2 года назад

      I'm so glad you subbed too :D What did you think of the video?

  • @audreydigiovanna5831
    @audreydigiovanna5831 2 года назад +1

    Man I love you and your channel I watch your stuff every day your my favorite finance youtuber

    • @VincentChan
      @VincentChan  2 года назад +1

      wow that really means a lot audrey :) really appreciate this!! you're awesome

  • @aaronperez321
    @aaronperez321 2 года назад

    Bro totally underrated you’re contact is crazy I’m learning more watching you’re videos than a week in school lol

    • @VincentChan
      @VincentChan  2 года назад

      thanks so much aaron! that means a lot :)

  • @jessicalandman8254
    @jessicalandman8254 2 года назад

    i like to watch you for your intelligence and humor -- you're a real one dude.

  • @kimmykero2421
    @kimmykero2421 Год назад

    ...I watch for your sense of humor😂😂...plus the knowledge! Thanks Vincent!😊

  • @osasereirowa3454
    @osasereirowa3454 2 года назад +1

    The most honest video of finance I’ve come across

  • @redfireempress
    @redfireempress 2 года назад +2

    I watch your videos because you are authentic in what you are doing.

  • @nerdalysis
    @nerdalysis 2 года назад +10

    I definitely watch your videos for your smoldering stare. Oh, and the fact that you are so good at providing me with actionable steps I can use to better my finances. There is that.

  • @christopherlee.
    @christopherlee. 2 года назад +8

    Vincent, your storytelling skills are next-level! I died at the edit at 4:34 LMAO

    • @VincentChan
      @VincentChan  2 года назад +2

      Hahha thank you so much Christopher :) glad you liked that little segment

  • @tenzinlhoden
    @tenzinlhoden 2 года назад

    Love your content! Thank you

  • @DemetriPanici
    @DemetriPanici 2 года назад +45

    *"Wealth consists not in having great possessions, but in having few wants." - Epictetus*

  • @emilyvolk6730
    @emilyvolk6730 2 года назад +10

    What makes me watch is how relatable you are to the status of the current generation and what is face for us. Along with the way you present yourself, it feels like there's a a conversation happening instead of a lecture, point A point B, ok class is over. It's very nice you do a great job. 👍 Thank you

  • @privateequityguy
    @privateequityguy 2 года назад +7

    *10 things to quit for all Men:*
    1. Caring about what others think
    2. Not believing in yourself
    3. Following Kardashians
    3. Not prioritizing your health
    4. Wasting your precious time
    5. Chasing meaningless relationships
    6. Wasting or draining your energy from beating your meat
    7. Nailbiting/nailpicking habit for good (if you do it - consider stopping it as it makes you mentally weak + affects your confidence and all other areas of your life!)
    8. Drinking
    9. Smoking
    10. Dirty websites
    Take it easy and I hope you found one thing helpful in this list.

  • @andrewc4332
    @andrewc4332 2 года назад +231

    To people that quit their careers to be an entrepreneur... Build up something first, until you're able to quit. Blindly quitting your career before you know how your ideas will do, is setting yourself up for failure. Valuable lessons will be learned for sure, but getting rid of your stable income for something volatile is too much of a big risk these days. If you think you're too busy with your career to do anything on the side, then it will be hard for you to make it as an entrepreneur.
    I've failed many times, but the lessons learned is the wealth I'm accumulating at the moment. Anyway, I hope everyone gets to where they want to be. Keep going no matter what! :]

    • @martinbelanger9963
      @martinbelanger9963 2 года назад +4

      Financial investment can be emotionally exhausting/frustrating in a case where inconsistency in trade wins is much. Positive results are guaranteed more if one works with a reliable professional. My most sincere take though!! Grateful to Jane Marie Kunak

    • @davidohare6861
      @davidohare6861 2 года назад +8

      I have traded with a lot of individuals but I have never come across anyone as good as MrsJane Marie Kunak, just by applying her strategies, I now trade independently. she is the best I'd advise any novice in investing to trade with her.

    • @michelledavies7634
      @michelledavies7634 2 года назад +5

      I learnt to stay consistent and focussed if you want to achieve your goals.

    • @harrisahmed3066
      @harrisahmed3066 2 года назад +3

      I googled the lady you speak of Jane Marie Kunak, her track record is pretty amazing.

  • @xXshreddingitXx
    @xXshreddingitXx 2 года назад +1

    love your videos I lost my job in healthcare during the pandemic due to personal stress and other factors out of my control. I was honestly so scared but as time went on and I pursued what I love I have become a much happier person and my life is on a great track. I finally wake up and look forward to my days now. your videos are extremely helpful to me and I watch them all the time thanks again!

  • @JustSamples
    @JustSamples 2 года назад

    Almost like Alex Hormozi! when the leverage section started, i guessed them immediately! Great Content!

  • @Grindandgroww
    @Grindandgroww 2 года назад

    Your content is healing my headeaches

  • @MalluStyleMultiMedia
    @MalluStyleMultiMedia 2 года назад +1

    Excellent video.. inspirational 🔥🔥

  • @faruqbakre9532
    @faruqbakre9532 2 года назад

    Thanks for this very valuable video

  • @oliviandersz
    @oliviandersz 2 года назад +1

    12:09 "Uczmy Się Polskiego Odcinki 22 to 24" ;D

  • @eviegraceschannel1465
    @eviegraceschannel1465 2 года назад +3

    Thank you for your work, Vincent!

    • @VincentChan
      @VincentChan  2 года назад

      thank YOU for watching and commenting rich :)

  • @Jack-dh6li
    @Jack-dh6li 2 года назад +18

    Hey Vincent, I'm 14 and trying to learn about finance to get out of the rat race early so I can travel see the world when I am younger so thank you for your videos they are very relatable and entertaining unlike other financial RUclipsrs.

    • @andreinieva3083
      @andreinieva3083 2 года назад +1

      first thing you need to do is probably changing your name on youtube. good luck mate

  • @lifeofdeez7201
    @lifeofdeez7201 2 года назад +34

    That first step: quitting a job, is the hardest part for me to reasonably do. Currently working two jobs one 7a-3p the 2nd 6p-12a m-f … sadly this is what has made me financially able to build my house this upcoming year. I have earned a degree in programming and did it for a year and was extremely miserable. I also love creating content but lack there of solid ideas for videos makes it hard to see life with that at the forefront. Definitely looking to make a change this year. Great video!

    • @jeremymendez4349
      @jeremymendez4349 2 года назад +1

      Keep going bro don’t stop god gon give u ways 😎🙏

    • @tarzan.CB.
      @tarzan.CB. 2 года назад

      @@jeremymendez4349 Masha'Allah

  • @MarketingHarry
    @MarketingHarry 2 года назад +42

    It's more than just luck. You've got to learn the skills that can help you achieve the success you'd like to see. Thanks for the valuable video, man!

    • @VincentChan
      @VincentChan  2 года назад +1

      thank you so much for watching harry!

  • @7ost_dreamsss773
    @7ost_dreamsss773 Год назад

    Honestly, I watch your videos because you have the same personality as me, and you drop comments that are familiar to me. Rather than the monotone financial gurus who have the skills to put an insomniac to sleep.

  • @Melliix
    @Melliix 2 года назад

    This is unrelated to the video, but dude I really love your voice, it's soothing to ears.

  • @catbeatzzz5693
    @catbeatzzz5693 2 года назад +1

    This homie just dissed dan lok🤣💔 low key mad

  • @heartandmindcompass
    @heartandmindcompass 2 года назад +6

    Specific knowledge is a chapter in the book think and grow rich, I would recommend this book as its a good read on the pursuit to financial freedom

  • @blackstallion7644
    @blackstallion7644 2 года назад +1

    Aww I love the energy's here

  • @jlee6754
    @jlee6754 2 года назад +3

    Its the first time I watched your videos and I instantly fell in love with them! You got another subscriber (:

  • @EllyValentini
    @EllyValentini 2 года назад

    I like the way your video feels like we’re chatting in a café :D

  • @yasinnabi
    @yasinnabi 2 года назад +1

    it would be much better if you could mention 3 set of skills too. You kept talking and advertising lol but very informative Chan

  • @MelGoodness
    @MelGoodness 2 года назад +2

    I love your videos, it's funny, it's entertaining yet very informative.

    • @VincentChan
      @VincentChan  2 года назад +1

      Glad you like them! thank you mel

  • @NicoleBernadette
    @NicoleBernadette 2 года назад +21

    Definitely here for that smouldering stare. KIDDING HAHA, jokes aside, I’m so thankful for your channel. You’re incredibly eloquent and easy to listen to and understand☺️ 2022 is the year where I want to be more mindful of my finances - looking into investing and journeying to that elusive financial freedom✨ Looking forward to more of your videos☺️

  • @kaiwineternal3246
    @kaiwineternal3246 2 года назад +4

    I Freaking love you bro. 😊 thanks

    • @VincentChan
      @VincentChan  2 года назад +1

      LOVE YOU TOO!! haha what did you think of the video?

  • @ajstefan1
    @ajstefan1 2 года назад +8

    Vincent - What I like best about your channel is the usefulness of your content - I also really appreciate the humor and the fact you don't use "click bait titles" to your videos or waste our time with pointless speculation on the market etc. Well thought out and meaningful content. It is obvious that you put a lot of effort into your videos and I appreciate it.

  • @ryancastillo5456
    @ryancastillo5456 2 года назад +1

    Can you make another video about inflation and how gas prices are rising in California? I want to be able to send the video to friends to prove their assumptions of it are wrong. I love your videos and thank you for this amazing content.

    • @VincentChan
      @VincentChan  2 года назад

      I will! What specifically do you want to hear about inflation

  • @Followwherethetruthleads
    @Followwherethetruthleads 2 года назад +7

    Bible says.
    "The LOVE of money is the root of all evil".
    If we read that right, its not referring to Money its referring to the LOVE OF money.

  • @marielleramirez6187
    @marielleramirez6187 2 года назад

    You're welcome. Love you!

  • @tegaogheneovo5881
    @tegaogheneovo5881 2 года назад

    10:48 damn these cartoon memes are killing me😆🤣

  • @jdmfan2170
    @jdmfan2170 2 года назад +6

    We watch your videos because you ask the right questions millions of us young people think about. and the Bill gates Opera and Elon musk example when starting a business, was a good example.

    • @VincentChan
      @VincentChan  2 года назад

      Thanks so much JDM! I Appreciate it :)

  • @outdoorhabits
    @outdoorhabits 2 года назад +2

    Bro you’re the best! Thank you for this video!

  • @sandralofgren8266
    @sandralofgren8266 2 года назад

    I choose you for the mustasch salt lamp!
    Just kidding, it's actually cause your voice is soothing and calm... Nice to have in the background whilst washing dishes etc

  • @spelapezdir5239
    @spelapezdir5239 2 года назад

    i was all serious while watching this video an then that “knowlage” edit got me hahah you are amazing man :)

  • @hikodzu
    @hikodzu 2 года назад

    Capital, Labour, Media leverage

  • @henleyjay3883
    @henleyjay3883 2 года назад

    had to shut down my company i started a few years ago.. put my all into it … now not much left in my savings & investments accounts are down right now too… burns to think about going back to a regular day job but might have to

  • @AhmetKaan
    @AhmetKaan 2 года назад +6

    *To all the dreamers out there, don't ever let the world's negativity disenchant you or your spirit. If you surround yourself with love and right people, ANYTHING is possible.* 🙏🖤

  • @thevaldorsfoodies1676
    @thevaldorsfoodies1676 2 года назад +1

    I follow you because you are not pretentious and not acting like a millionaire

  • @Zaerki
    @Zaerki 2 года назад +6

    Why do we watch your videos? It should be obvious, Mr. Magic Lamp is sitting right behind you.

  • @uoieanoemarvillanueva7057
    @uoieanoemarvillanueva7057 2 года назад +1

    Your edits are intentionally attractive and a 1 year old baby would not even dare to blink

  • @srspanksalot4501
    @srspanksalot4501 2 года назад +1

    most of those self made millionaires benefitted from luxurious social programs and payed almost nothing for college while making enough to live on a part time job, then after they benefitted from those programs they shut them all down and made everything cost way too much

  • @sienjong2762
    @sienjong2762 2 года назад

    Thank you bro ❤

  • @AP-fb6ry
    @AP-fb6ry 2 года назад +1

    Knowledge...

  • @DemetriPanici
    @DemetriPanici 2 года назад +7

    That intro though 😂

    • @VincentChan
      @VincentChan  2 года назад

      hahha what did you think of the video?

  • @aileenborruel2461
    @aileenborruel2461 2 года назад +4

    Love your vids & your great sense of humor, knowledge, energy and you being your true authentic self! This social worker entrepreneur is learning a lot thanks to you!

    • @VincentChan
      @VincentChan  2 года назад +1

      Thank you so much Aileen!!

  • @maricardizon9761
    @maricardizon9761 2 года назад

    The best youtuber so far. Only one that is not a SCAM.

  • @dad4378
    @dad4378 2 года назад

    hi. amazing video. could you name youe microphone please:)

  • @leohovsepian3426
    @leohovsepian3426 2 года назад

    Your coding journey was too relatable for me :o

  • @ThePatriotPirate
    @ThePatriotPirate 2 года назад

    You asked the question so I’ll answer. What made me watch your video is I already know the answer to the question in the topic but I’m always trying to learn so wanted to see your take on it and RUclips put your video in front of me instead of someone else’s. So mainly clicked on it because RUclips decided to pop it up

  • @mariacaballero1246
    @mariacaballero1246 4 месяца назад

    Its your voice, I listen your videos because of your voice

  • @bgpolitan
    @bgpolitan 2 года назад

    This is so valuable 👏🏽

  • @johnayap6861
    @johnayap6861 2 года назад

    does dividends/reits count as wealth?

  • @haraank
    @haraank 2 года назад +104

    It's so nice finding people out there teaching meaningful stuff for a good living. Thank you

    • @VincentChan
      @VincentChan  2 года назад +3

      Glad you enjoy it! What did you think of the video? :)

    • @haraank
      @haraank 2 года назад +2

      @@VincentChan really useful like always. Thanks to you and others content creators I'm debt free at 26 years old and getting better economically each day

  • @devinswanson8742
    @devinswanson8742 2 года назад

    That smoldering stare of yours just got you a like and sub. Keep up the good looks and hard work

  • @akashk2440
    @akashk2440 2 года назад +1

    If you could have put like this #1 Specific Knowledge, numbering like that then it would be much better.
    So the first skill is Specific Knowledge but what are the second and third skills are between Accountability, compounding or leverage?

    • @VincentChan
      @VincentChan  2 года назад +1

      Great suggestion!! Leverage = compounding in this case

    • @akashk2440
      @akashk2440 2 года назад

      @@VincentChan Thanks and God bless you.

  • @sheepsforjesus
    @sheepsforjesus 2 года назад

    Hey heads up from a fellow creator!!! Great and amazing information in this video.. you for got to do the End Screen!! Happen to me all the time

  • @joseyandrews9465
    @joseyandrews9465 2 года назад

    This video is so impressively made! Love it-thank you!

  • @redeemedrascal
    @redeemedrascal 2 года назад

    Seeing this at 18 feels OP

  • @TinkkerMell
    @TinkkerMell 2 года назад

    Thank you 💚

  • @brm5758
    @brm5758 2 года назад

    Where do you get this presets, effects from? Starting my RUclips chanel and looking exactly for these :)

  • @siasharma2736
    @siasharma2736 2 года назад +6

    I’m 100% sure you’ll win the 11 cents 😂 love this video, these are valuable life lessons!

  • @angeloliwanag2619
    @angeloliwanag2619 2 года назад

    Love this channel

  • @jazmynerogers4603
    @jazmynerogers4603 2 года назад

    Oh yea it’s definitely the stare you give in your videos for why I watch your videos 😭🥰

  • @TechnoPhoenixTePh
    @TechnoPhoenixTePh 2 года назад

    Thanks to your thumbnail video image it made me uniquely idea unimaginable amazing powerful idea
    Also i watched your video helped me soo much
    Thanks to man keep going bro

  • @edwinsantonio
    @edwinsantonio 2 года назад

    Every video keeps getting better, keep it going!! my opinionn.

  • @MichaelOblitey
    @MichaelOblitey 2 года назад +4

    It is so simple, def wish I knew this when I was younger smh.

  • @YouInDavid
    @YouInDavid 2 года назад +3

    You’re not arrogant that’s why

  • @Revolicious
    @Revolicious 2 года назад

    The like button isn't red on mobile, DYOR! Thx for your videos, your calmness inspires me.

  • @DrJessicaLouie
    @DrJessicaLouie 2 года назад +49

    Using failures as a growth mechanism and mindset to move towards our goals and financial health. Great perspectives Vincent!