If I Wanted to Go From Broke to Millionaire, Here’s What I’d Do
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Summary
If I had to do it over again, starting today, and going from zero to a million dollars by the end of this year, this is exactly how I would do it. I went from a broke 17-year-old with 15 bucks in my pocket to a 27-year old millionaire with over $1M in my bank account.
Transcript
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I went from a broke 17-year-old with 15 bucks in my pocket to a 27-year-old millionaire with over
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a million cash in my bank account. But if I had to do it over again starting today and go from
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zero to a million dollars by the end of this year, this is exactly how I would do it. So to get to
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seven figures, first I have to get to six figures. Step one, I would build one of the five six-figure
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skills that have the most demand this year and they only take a few hours a day to learn. I built
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my first six figure skill when I was 17 years old in rehab. That's where I found a book on Java
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programming and I got obsessed with programming software. I built the skill knowing it was going
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to be valuable. This is 1997. I get out of rehab and discover this small thing called the internet
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and it turns out to be a very big deal. And this is actually one of the six figure skills that are
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most in demand this year. So number one is software engineering, learning how to build
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products, code systems. Two is video editing, taking content like this and making it engaging
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for people to want to start watching it and continue watching it. Three is copywriting,
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learning the skill of persuasion, communication, getting people to purchase without anybody having
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a conversation with them. Number four is graphic design. How do you take images and make them
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beautiful? How do we create more content, social media, build audiences? And number five is data
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analysts there's people that take the information and massage it in a certain way and structure it
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so that the ai algorithms know how to talk to the data to make sense of it all which brings us to
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number two which is follow one course until successful see once i started to see that my
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skill could make six figures i put my head down and started focusing on actually how to make it
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happen and this is how i did it follow one course until successful is actually part of the focus
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acronym get it focus follow one course until successful so instead of acting on all the crazy
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ideas i focus on one path and for me that was building my software company multiple streams of
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income will not make you rich not when you're starting off entrepreneurs typically die from
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indigestion not starvation meaning they take on too many things they say yes to all these
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opportunities instead of understanding what is the focus and going all in learning what to say
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no to is just important to what to say yes to see when you're starting off you need to figure out
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how to do one thing that you can sell that people will buy and continue building that process trying
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to start selling other products other business ideas getting involved with their friends those
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are all distractions away from being focused on building your revenue so if you actually want to
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build a million dollar a year business do one thing commit to it go all in put the effort to
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for you not to achieve that outcome if you focused.
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While following one course took me from zero to 100K,
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So three groups of people that you should evaluate
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And these are typically people that are in your industry
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so that they can give you feedback on what you're doing
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that are still very relevant strategies in today's world.
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These are people that have specialized skillsets.
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but I would also try to find people that could advise you
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And the reason why is because mentors are people
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They've created the outcome that you're striving to achieve.
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which if your dad is wealthy and your mom is incredible,
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So mentors are people that have been to where you wanna go
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Where I was spending my time, what time was being wasted.
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This is when I realized that there's five time assassins
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And this is people, entrepreneurs that can't make decisions.
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he wrote a great book called Getting Things Done.
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and they go on their Facebook post and they say,
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And then as long as the person can fog a mirror,
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they have a heartbeat, they're willing to take the pay the person's offering, they just hire them.
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No process, no systems. And then the person completely falls apart. And then they got to
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hire somebody new. And they wonder why they keep wasting all their time with bad hires because of
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the way they do things. They're trying to move too quick instead of moving with intent. Number
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three is the supervisor. This is the micromanager. This is the person that hires somebody to do a
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job and then tells them how to do the job, checks that they did the job, and then tells them what
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to do next. If I hire somebody to do the job, I let them do the job. So I don't tell people what
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to do. I train people to what to do. And that's how we avoid becoming the supervisor, not actually
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getting our time back when we hire people. Number four is the saver. This is the person that walks
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over dollars to pick up dimes. These are people that don't understand that hoarding money in their
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bank account is not actually productive. They're not putting their money to work and they have all
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these money beliefs and scarcity beliefs instead of an abundance personality that causes them to
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go slow in life and waste time instead of investing to buy back that time to move faster.
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Number five is the self-medicator. And for me, this used to be one of my biggest problems where
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I couldn't even celebrate a win or deal with a loss without drinking, not wanting to feel the
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feelings. I just felt like I deserved it. I had a long day, so I deserve a drink. And drinking
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caused more pain and created more time suckage in my life than anything else. And honestly created
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a path where if I didn't quit 12 years ago that I know it would have created some major issues for
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me in my life. So what's cool is these five time assassins cost nothing to implement to overcome
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and can save you a ton, a ton of time, which brings us to number five, which is to feed your
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mind. After quitting my time assassins at this point, I was 24 years old at 300k in revenue in
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my software business. And I realized that I needed to feed my mind. I started reading multiple
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business books like the e-myth secrets of the millionaire mind and thinking grow rich i started
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learning about these ideas and inserting them into my mind and these are the four channels i use to
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feed my mind number one is podcasts and videos i mean it could be youtube or your gym first off
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i'm going to tell you a little productivity hack go buy yourself a membership for youtube red why
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it gets rid of ads and allows you to download videos from youtube offline so you could watch
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them when you're traveling you don't have internet connection it's probably the best 10 bucks a month
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that i spend but if you don't want to do that podcasts are free my favorite podcasts are podcasts
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that teach me the skill that i need to learn next if i'm trying to figure out marketing go subscribe
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to the top five top 10 marketing podcast if you want to figure out sales go subscribe to the top
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10 sales podcast if you want to figure out teams or leadership go subscribe to the top 10 podcast
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so you have the feed and you're always listening while you're driving while you're working out
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while you're in commute so that you're feeding your mind the second is books and i consider books
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a little bit more dense in information than podcasts i consider podcasts and youtube videos
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kind of the fast food of information still good motivational but not as good high nutrient dense
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information as books the best books are again the top five in the category you need to learn
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and this is how i still do it to today if i want to go deep on an industry deep on a vertical deep
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on a skill set i always google top five books i read those books even a few years ago i realized
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one of the areas i wanted to really double down on was my mindset so i decided to start with
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thinking grow rich that was published in 1937 and researched the top 150 books that were written that
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influenced that book and started reading those for the last two years because to me that's how
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i learned information i want to go deep on something so books will give you frameworks
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buy the courses who have already read the top 25 books
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and put it into a training methodology for you to absorb.
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Training courses are way more potent than a book.
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And the reason why I think seminars specifically
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that are designed, that are very transformational in nature,
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they have the impact of a course or a training program
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and the peer group and the energy of having other peers
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So you have the information plus the vibe of the room
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or those limiting beliefs that could really push you forward.
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I cannot stress how important getting in a room
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of other people that are on the same journey as you
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and feeling that energy and meeting those people
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and being inspired for what they've done with their life
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which is to use the achievement roadmap process.
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that I unlocked over 500K in revenue in my software business.
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You need 100% clarity on what you're trying to achieve.
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on what you wanna achieve, 100% belief you can do it,
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Here's the four-step process I use to achieve anything,
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or the new Ferrari Pista for the people that like fancy cars,
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what would be the standard on a yearly, monthly,
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And for me, what I realized that if I eat 200 grams
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that standard would enable me to achieve Visible Labs.
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So you gotta ask yourself, whatever your goal is,
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could you implement the standard on a daily basis,
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that would make the achievement of the goal inevitable?
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I need to ask myself, what are the people or the systems,
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maybe it's courses, or tools, maybe they're apps,
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that I know about that I can go and ask or acquire
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to help on the outcome that I'm trying to achieve?
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who are the fittest, most jacked people I know in my life?
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Systems, what are the different dieting programs,
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Or tools, what are the apps that I could install on my phone,
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you actually probably already know what they are.
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So what I do is I've anchored different outcomes
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So for example, I review my goals three times a day
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and I've connected them to when I sit at my desk here
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Because what I wanna do is I wanna keep my focus
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or am I on track, have I weighed myself lately?
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So you wanna connect the triggers to reviewing your goals
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And then what I do, which is number four, is rewards.
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but the challenge is that then I don't appreciate it
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I wasn't a millionaire yet in cash in the bank after taxes,
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but that's when i learned there was only three trades you could make so understanding how to
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reinvest these trades allowed me to multiply my money making me a millionaire at 27. i'm talking
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cash money in my bank account taxes paid not a paper millionaire not a equity millionaire real
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cash in my bank account using these three trades so number one is i traded time for money so i
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would do programming and maybe you're a graphic designer or a copywriter and you do that skill
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and you get paid for it that is trading time for money which is great and you want to keep putting
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your prices up until you get paid top dollar but that's the first level trade second trade is money
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for time and this is really about understanding how to get leverage where you take money you've
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made and then buy back more time so you can go invest in yourself in the skills so you can become
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better to actually generate more money with the amount of time you're spending in your business
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but then eventually you want to reinvest the money you have into the business so that you can increase
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more money generated from the business this is money for money this is where you're investing
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in the business not in buying back your time but in opportunities and strategies to grow the business
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so that you can make more money and if you live below your means like i did i became a millionaire
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within three years building that company and that's what allowed me to become a cash millionaire
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at 27 years old that's what i would do if i wanted to become a millionaire today if you want to learn