Why the FIRST CRORE is the hardest to make
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- Опубликовано: 9 фев 2025
- The First Crore is the Hardest - Here’s Why & How to Get There
Making your first crore is a milestone that transforms not just your bank balance, but your mindset, habits, and approach to wealth. Many people struggle to break past this barrier because they focus on addition rather than multiplication. In this video, I dive into the fundamental shifts you need to make to accelerate your journey to your first crore.
Building wealth isn’t just about earning more-it’s about leveraging the right skills, networks, and financial discipline. The first crore takes the longest because you're building the foundation: learning how to grow your income, developing investment habits, and avoiding common middle-class traps. Once you cross that first milestone, everything after becomes exponentially easier.
If you’ve been trying to figure out why your savings aren’t compounding fast enough or why financial freedom still feels out of reach, this video will help you understand what’s holding you back. More importantly, it will give you a roadmap to breaking through that first big wealth barrier.
Watch till the end to learn how you can speed up the process, avoid common mistakes, and set yourself up for long-term financial success.
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Congrats Rishab on becoming a millionaire (US)🎉🎉🎉🎉🎉 just watched your IndMoney interview.
Thank you and welcome to my channel
After 30cr.. it’s not multiplication.. will be exponential👍 All the best
Always wait for ur videos bhai Tqsm for this video vry much practical ❤
Thank you :)
Very well articulated Rishabh !!
Thanks 😊
@@remoterishand eloquent 👍.
your videos are always imparting knowledge based on your own experience and are therefore very useful and practical to put into practice. Thanks a lot. 👌
My main goal is to share my journey and hopefully inspire and help others. I really appreciate such comments which act as a good positive feedback for me to keep sharing.
I am right now doing trading with 1.5l capital and always your all videos used to relate me or either motivate me...❣️
wish you the best
I have one question. If I earn 5 lacks by intra day trading. I have no other income in that case should one pay income tax for 5 lacks
Good Information. One Query - If a person gathers 1cr through mutual funds in 4 years, will the compounding happens the same way as you told?
Yes compounding always happens. It just gets more evident as the amount is high and the time period is longer. Hard to visualise early on.
Hello Rishabh. Excellent video. Is there any way we can join hands? i am keen to work with you. Seriously. Please let me know.🙂
Hello Rishabh sir, I have one question.. what if someone is doubling the money every 3.5 years (22 to 23% CAGR) for the period of 15 years, is it the correct path to get to 10 CR...
I usually assume annual returns around 15% but if one can crack 20%+ consistently it could work. In my case I feel it’s more likely I’ll get a lower return and that makes me focus more on income generation that helps overall growth
How to know which skill to learn to earn that 1cr... it's the hardest part..
Anything you can get good that and you can exchange for money by creating value works. You can read about ikigai to get some insight on how to find a passion that can generate income. You should also enjoy doing it as you’re probably going to be doing it for a long period of time. Digital skills are my favorite as they have high revenue potential and can be done remotely but actually it could be anything.
@remoterish thanks, can you please elaborate what in digital skills
❤
Recently from new year 2025 I decluttered my portfolio make it simple stress free which you called freedom portfolio.
Now my portfolio
1.Icici pru. Nifty next 50
2.Axis mid cap
3.Sbi small cap
4.360 one flexicap 😊😊😊😊
Litterly it make more happiness 😊😊😊😊
Happy new year and wish you lots of happiness
Concentrate on best 3
I have jus noticed and disappointed that u r still at 16K sub..
I should start asking people to subscribe more :)
Sir Please review my portfolio
8000 in paragparik flexicap
5000 in Motilal Oswalmidcap
5000 in HDFC midcap opportunity
5000 in Tata small cap fund
5000 in Invesco India small cap fund
4000 in Motilal Oswal small cap
2100 in nifty next 50 indexfund
How much time it takes to get 1cr is this portfolio is good for long term please advise.
Aggressive portfolio hai, time lagega
At least 20 years 😂