How to Become a Millionaire ｜ CHRIS HOGAN
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Summary
In this episode, Ryan Michler is joined by personal finance expert Chris Hogan to talk about the principles he lays out in his new book, "Everyday Millionaires." They cover some of the common myths about millionaires, 5 key attributes wealthy people share, and how you too can become an everyday millionaire.
Transcript
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Finance isn't something a whole lot of people really enjoy talking about, but if you want to
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achieve success in your life and truly become the man you're capable of becoming, learning how to
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manage that little green piece of paper we call money is crucial. Today, I'm joined by personal
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finance expert Chris Hogan to talk about the principles he lays out in his new book, Everyday
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Millionaires. We cover some of the common myths about millionaires, ordinary tools that you can
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use to build wealth in your life, five key attributes wealthy people share, and how you too can become
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an everyday millionaire. You're a man of action. You live life to the fullest. Embrace your fears
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and boldly chart your own path. When life knocks you down, you get back up one more time, every time.
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You are not easily deterred or defeated, rugged, resilient, strong. This is your life. This is who
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you are. This is who you will become. At the end of the day, and after all is said and done,
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you can call yourself a man. Gentlemen, what is going on today? My name is Ryan Michler,
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and I am the host and the founder of this podcast. Glad you're joining us. Whether it's for the first
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time or you've been with us for, man, almost four years now, we couldn't do this without you. So
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having men who band with us and believe in the mission of reclaiming and restoring masculinity
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is crucial. And that's why we've been able to expand the entire planet and have millions and
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millions of men tuning in each and every month, listening to this podcast, sharing the good word,
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sharing what it means to be a man, and of course, helping our future generations of young men and
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boys develop into the men that they're capable of becoming. And we do that through the podcast and
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the blog and the website and social media channels and all the places where we are, including, guys,
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by the way, our YouTube channel. A lot more active over on YouTube. We really haven't been in the past,
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but I've made a commitment to put more video out there. So you guys will be seeing a lot more live
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conversations from these podcasts. And of course, our ask me anything where we're fielding questions
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from you. Those are all on YouTube and other videos. So check it out. YouTube.com slash order of
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man. All right, guys, I've got a great one lined up for you today. I'm really excited to get into this
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one because I know that finances are a big issue. I know money is a big concern of most people,
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including me. And I really believe also that if we are to achieve the level of success that we
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have a desire to achieve as men, we want to lead our families and our communities effectively,
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then the money game is a big part of that. And it's something that's overlooked and something
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that frankly is confusing at times. So we're going to address that today with a man who is very,
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originmaine and Soranex after the show. But for now, let me get into this conversation.
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I can't even begin to describe how excited I am. Chris Hogan and his team reached out to me
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about three weeks ago and sent me a pre-release copy of his new book, Everyday Millionaires.
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And I've read this book. I really, really enjoy the premise of it. And there's a lot of practical
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advice in here that's really going to help you. And I know a lot of you guys are familiar with,
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with Chris Hogan already, especially because so many of you probably follow Dave Ramsey.
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He works close with Dave and he's a regular contributor of that podcast, Entree Leadership,
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but he also hosts his own podcast, The Chris Hogan Show. And he talks about the very financial
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principles and success strategies that he's going to share with us today. This guy's a bestselling
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author. He's a personal finance expert. He's a former All-American football player, and he uses
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all of the knowledge he has and the experience and everything else to help families across the
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nation set themselves up right for retirement. And today he's here to talk with us about how to do the
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same. Chris, thanks for joining me on the show today.
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Yeah. I've been looking forward to this conversation. I've been following you for
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quite a while now. And I had my feet in the financial industry as well for about a decade
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before I really got into this line of work. So I'm excited to have this conversation because I think
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there's a lot of, there's a lot of myths. There's a lot of misinformation out there regarding
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what it takes to be a millionaire. And I'm excited to dispel some of those myths today.
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Well, thank you. I'm looking forward to it. And so if you've been in the financial sector like me,
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you know, there are a lot of different thoughts and a lot of different opinions out there
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Yeah, it's true. I wonder why there's so many opinions because I mean, it's easy to say that
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financials is just math, but I guess there's a lot of emotion that goes behind it as well,
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which is what causes us to have some of these differing opinions as to what it takes to build wealth,
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Well, I think so. I think you're right. And because it's an area that people don't understand
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really well. And what you don't understand, you tend to resist or avoid. And so I think with that,
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there are these different schools of thought out there that are looking to get people that are at
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different levels. And so, you know, the main thing for me and what we do here at Ramsey Solution
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is that we want to lay it out and we want to show people not only the information,
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but show them the way and the process to be able to walk so they can get results.
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Do you find that a lot of people resist gaining this kind of information? It seems to me a lot
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of people at best case scenario outsource their finances.
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They really do. Initially, when I was in the banking world and even when I started here,
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I was working with a lot of pro athletes, entertainers, and musicians. These were people
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that were highly skilled at what they did, but they didn't have the knowledge about money.
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They knew they needed it. They knew they needed to do the right things with it,
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but it wasn't something that they wanted to learn. And so with me, I told them, I said,
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you know what? Listen, I have some knowledge of vehicles, but anything outside of changing the oil
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in my car, anything that needs to be done, I go see a professional. And I said, so there's nothing
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wrong with getting guidance, but what you don't want to do is ever turn over the responsibility or the
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obligation to anyone else. That's something that has to stay with you.
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Yeah. I like that distinction. And that's really what it is. Somebody can help you out. I mean,
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I was a financial advisor, like I said, for about 10 years, I had some clients who didn't even want
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to know what was going on with their money at all. And I had others who wanted to be involved and
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wanted to know what was happening, but understood that I was the professional and deferred to me when
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it came to some of the strategies that we're implementing. And I think that was a huge distinguishing
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factor between those who are successful with their money and those who aren't is the ones who have
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some level of responsibility. And we see this all the time when we hear people blaming their
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financial advisors for all of their financial woes. It's like, whoa, whoa, whoa, where's your
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No, you're right. And I think it boils down to in the financial world as a professional,
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I think it's very important that we talk with people, not at them and really try to learn them,
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learn more about what they're doing, where they are, what are their hopes, what are their dreams,
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what are their fears, and to begin to show them the options. And for me, that's one of the things I
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want to do. I want people to understand their options so they can make a choice. I come from
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an athletic background. And so being a coach to someone, I get that because I was coached by so
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many people in grade school, in middle school, in high school, even in college. And so the vein of
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that is as a coach, I want someone to get better. And so that's what I'm trying to help people do on
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the money side. Now, with this new book, Everyday Millionaires, what I'm trying to do is to coach
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people on the reality. There are a lot of myths out there. There are a lot of things, you know,
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some of the news reports or the media reports can be negative, where it's telling people the
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American dream is dead, like it's not possible anymore. And that's a myth. That is not true.
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And so I want people to not only know the truth, but I want them to see it and hear it from people
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that have done it. How do you define the American dream? Because I think that's such a broad term,
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and it can be interpreted in so many different ways. I think it's important we understand what
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it is we're talking about here. Yeah. When I first heard that, having,
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you know, worked in the real estate sector for many years, you know, we naturally equate the
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American dream with owning a home. Sure. But for me, as I look at it, and I really start to think
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about it, it's having freedom, and it's having options. The freedom to do what it is your heart wants
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to do, and the options and opportunity to be able to do it. And I mean, not just for yourself,
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because I think as humans, we inherently want to help others. We want to be of service. And if we're
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not tied to debt, and we have some financial independence where we can do some things,
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and we have breathing room, I think it empowers us to make more of an impact in areas where we can.
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Yeah, I think that's true. I also think it's true that we are rewarded generally for being
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charitable and looking outwards and serving other people. So I think we have a desire to do this.
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But I feel like, to your point, that so many people are trapped, and they're enslaved behind
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debt, and all of these other factors when it comes to managing their money. I also think there's a
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problem in that people think that somehow having a lot of money is inherently bad, or there's
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something inherently evil or wrong about an individual who's wealthy.
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No, I think so, too. You know, I can remember in doing this. Now, remember, with this book,
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we did the largest research study that's ever been done. We researched and talked to over 10,000
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millionaires from all across the country. And in talking to people and doing interviews,
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you know, a lot of people said, you know, when you think of wealthy, you think of a man or a woman
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in some slick suit, you know, in front of a fancy car in front of some massive home.
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We naturally tend to think that they did something illegal to have that, or they took advantage of
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somebody to get there. And the reality is, is in the human condition, we naturally want to
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associate that there had to be something wrong with how this person became successful,
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as opposed to having just an appreciation and a respect for someone's hard work. Now,
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I'm not saying out there that there aren't greedy people or mean people or people that do things the
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wrong way. It's not what I'm saying. I'm saying the average everyday millionaire is a hardworking
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man or woman that has worked a long time on their job, that has invested consistently over time,
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because they had their eye on a goal. And all of them, in looking at it, they were trying to strive
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for that because they also had this internal drive to want to do things for others. It is important
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because broke people can't help people financially. Sure. If all of your money is going to the credit
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cards and car loans and all this other stuff, you don't have the margin to help a friend that's in
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need or a family member or a community member. And so that mindset needs to be that we've got to
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free up ourselves to help people. You know, Ryan, I travel a lot. Do you travel a lot?
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I would say a moderate amount, not a lot, but a moderate amount.
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Okay. I travel a lot. And so on airplanes, this struck me one time about four years ago,
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I was sitting on the airplane and you know how they go through their safety process
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with the flight attendants. And they were saying, Hey, in case of, of a loss of cabin pressure,
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oxygen masks will fall. But they said, be sure to secure your own mask before your attempt to help
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someone else. Sure. And I remember hearing that and I thought, well, what's the logic behind that?
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Well, if I don't secure my own mask, I'm going to be unavailable to help someone else. And I think
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the same can be said on the financial side, that once we set our course, once we get ourselves in
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position and stay focused, what it does is, is it frees us up to be able to help others.
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I agree. I just think there's this thing in society that a lot of people believe, and I certainly don't,
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that those who are wealthy hoard their money. And I've found the exact opposite to be true.
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They're investing in businesses. They're investing in their communities. They're investing in
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commerce by building homes and buying vehicles and going on vacations. And all of these are a way to
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distribute wealth back to those who would earn it, not just hoard it in some safe or under their
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mattress somewhere. No, I agree. I mean, there's a difference between hoarding versus investing,
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but there's also the giving component. There's also, you know, the making impact. A lot of the
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millionaires that I talked to were doing some anonymous giving as well as some outward giving.
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And so, again, I think it's easier to tear down or to shoot a hole in something you don't understand
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as opposed to really learning and engaging it. And it's also easier, I think, Ryan,
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to have a victim mentality. The victim mentality means that, you know, it's the woe is me. You know,
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I can't achieve it based on where I was born or the family I had or where I went to school,
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all of these things. And what I want people to do in reading this book is to hear the stories of
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people that came from all walks of life. You know, there are stories in there about people that were
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homeless at one point in time that turned it around. People that grew up in terrible home situations
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growing up, but they still were able to stay focused. They still were able to be hardworking
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and to be consistent over time. And so, I just want people to understand the reality
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so they can make a decision for themselves. At the midpoint in the book, I talk about the
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permission slip. You know, I grew up in a small town in Kentucky. And so, in school, when we would
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take field trips, you had to take this permission slip home. And if your parents didn't sign off on it
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or your guardians didn't sign off on it, admit you couldn't go. Well, I think that's where a lot of
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people are right now in dealing with money or looking at their dreams and their hopes that they're
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waiting on somebody to give them permission. They're waiting on somebody to believe in them,
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to tell them that they can do this. And that's exactly what I aim to do in this book,
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that it's available to you. The American dream is alive. It's available. And you can have it if
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you're willing to do the work. Do you think that people play that victim card and fall into that
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category as an excuse for their lack of wealth in this case? Well, I think so. I really do. I haven't
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talked to some people that have outwardly told me, but even in doing this book, in writing it,
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you know, the research project, having talked to over 10,000 with, you know, our research team at an
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outside firm, because we wanted to find out people that didn't know of me or Dave, we wanted to know
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the reality. And so, we really reached out. But I was thinking about myself growing up. I was coming
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back from a baseball practice. Our coach was dropping us off and took a friend of mine home who lived in
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an affluent area of town. And of course, me and my other friend did not. But I remember our coach
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dropping off my friend. And as my buddy got out, he said hi, and we all high-fived or whatever. And
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he was going into his home. And as we were pulling out, our coach turned around and looked, and he
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stopped for a minute. And he looked at my friend and I, and he goes, hey, guys, I want you to know that
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someday you can have a home like this. You guys can have this. He goes, if you just work hard and stay
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focused. And of course, then he continued to drive. And my friend, I think it just went past him
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because he started talking about something else in school. But I can remember in that moment,
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really wondering, was that true? You know, was it for this small town, you know, boy from Kentucky,
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was that something that was really available to me? And I can remember it being something that I
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thought about for years after that. But he said hard work and focus. And that was really something that
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I began to do in school. That's something I began to do in my athletics. And again, that was from the
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messages, not only from my family and my coaches and teachers that also echoed that. But I'm so
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grateful that he planted that seed of opportunity instead of a seed of doubt that maybe I would have
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grown up with in my head based on my surroundings. And so it just really was a game changer for me. And
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I'm excited to share that with the readers of this book.
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What do you think is the difference between you and your friend or any human being out there who
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decides to take their circumstances and makes the most of it versus somebody who takes their
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circumstances and says, this is my lot in life?
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Wow, that's a great question. I think the difference between my friend and I, as we were both teenagers
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riding in that car that day, is that I was listening, right? Like he got my attention. I was receptive to
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the message. I was probably, you know, really looking for those seeds of hope. And I think my
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friend was not in tune. He was preoccupied. He was busy, like thinking about something else. So I think
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it's the difference between listening and hearing. You know, listening is where you were paying attention
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and you heard some words spoke. Hearing means you heard the message and you internalized it. And then
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you made a decision based off that. And I think it's real easy for us. And again, all of us have been
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here where you're at some point in life where you've had some obstacles or some challenges because
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that's something we all wrestle with. That's a natural part of the human condition. I think it's
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a matter of what we decide to do about it. I think staying there and allowing yourself to wallow in it.
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I'm from Kentucky, so that's a word my family used to use. Wallowing in it means that you roll around
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or continue to loop on it. I think what we end up doing is limiting ourselves because now it's easy to get
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into the victim thinking based on the things that are going on at the moment. But I think if we glance
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back at that type of scenario, but focus forward on what am I going to do to help myself? I talk about
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as I do some leadership trainings around the country, I tell people as leaders, I said, listen, you've got to
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understand you're either part of the problem or part of the solution. You've got to make a decision. And so being
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part of the solution means you are moving forward and we're not repeating the same mistakes. You know, we're
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thinking differently. We're looking to grow our knowledge and we're also careful of what we're
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telling ourselves. Ryan, I firmly believe that if we're not careful, we can tell ourselves some
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negative things that can really defeat us before we ever get to the start line. We can hold ourselves
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back from being the best that we can be. But once you make that decision and you start to focus on the
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things that you can control and take those one step forward, talk about that in the Chris Hogan show,
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that one step forward is called progress. And that's what I want people to make each day.
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I really like this distinction of listening. You know, it reminds me of books that I've read or
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podcasts I've heard, just information I've consumed in general. And I've heard it once
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and maybe I didn't really take anything away from it. And then I came back six months or a year or five
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years later and listened to it again. And it struck me in a whole new way because, you know, I listened,
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maybe I was more receptive to that information. Maybe I was a little more dissatisfied with where I was in
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life. And so I was really searching for information as opposed to just being passive in my consumption
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of it. And I think a lot of guys fall into this camp that are listening to this podcast because
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they wouldn't be here if they weren't. But I also think there's a lot of mediocrity and just
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No, I think you're right. I mean, because we all have heard a lot of messages, but it is interesting
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how hearing something based on where we are or whatever it is we're walking through,
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you hear it and see it and feel it differently. I tell people all the time, there's a difference
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between knowledge and wisdom. Knowledge is where you have some book smarts or you know some
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information. Wisdom to me is on another level. Wisdom means you know how to apply it, right? You know
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how to apply the knowledge. And I think as we're hearing things and we're around people that are in
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tune, that are being real, that are striving towards something that's bigger than ourselves, I think
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that's the opportunity that we have to grow. Regardless of what you've walked through,
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regardless of the obstacles, the mind is a powerful thing. And we get an opportunity to decide
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each and every day, am I going to go the victim route or am I going to go and be a victor? And I
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want more people choosing that victor path. It's a longer path and it's a harder path, but it's a path
00:21:00.300
What makes it worth traveling? I mean, I know that might sound like a rhetorical question, but I think
00:21:04.540
there's people out there that probably think to some degree, like, why should I even try?
00:21:09.340
I think traveling the path of the victor means that you see some things that are bigger than
00:21:13.900
yourself. You're striving for some things for the people that you care about, but you also are aware
00:21:19.580
of the example that you can set. Younger people are watching you. And I can remember being a part of
00:21:25.320
the DARE program back when I was in sixth grade. And so I would go and that was the drug awareness
00:21:30.480
resistance education. And I can remember going in sixth grade and going to talk to the second and
00:21:35.780
third grade kids. And it was amazing because they looked at me like I was some giant, right? Because
00:21:40.920
I was, you know, four or five times their size, but they were willing to listen. I can remember the
00:21:46.140
sheriff that put that program together for us in our school. And he was talking about that you've got
00:21:50.640
an opportunity to help some kids think differently and look at some things differently based on your
00:21:55.500
interaction. And he said, so just go in and be real with them and tell them, you know, the things that
00:22:00.540
they need to be aware of and the things that they need to do and things to avoid. And I can remember
00:22:04.760
that being this, I had a whole new view of me going in and talking to this class of 15 or 20 kids,
00:22:11.120
that it was an opportunity to point them in a direction because you don't know what's going on
00:22:16.360
in someone's home life. You don't know if they come from a single parent or a no parent home.
00:22:20.960
And regardless of that, that they are an individual, they have an opportunity to do
00:22:25.980
something. And that's what I see as I go travel and I speak that every person that I look at out
00:22:31.100
there represents a family. They're people that have hopes and they have dreams and they want some
00:22:36.120
encouragement. I think what you did in your youth and even what you're doing now and what I'm striving
00:22:41.080
to do here is really speaks to this, this first myth that you identified, which is that people didn't
00:22:46.000
earn or deserve their wealth. But what you're saying here is that it's really just a byproduct of
00:22:50.900
the value that you're adding. It's those who are going out for the most part. Of course,
00:22:54.120
there's some who inherited and they're the trust fund babies, of course. But I think that represents
00:22:58.480
a small minority of the people who have managed to build any amount of wealth in their lives.
00:23:02.880
And it's those who have added constant value in a meaningful and significant way that have been
00:23:07.800
able to build the levels of wealth that you're talking about in this book.
00:23:11.360
No, they really have. And speaking of inheritance, because that is one of the things that a myth that
00:23:16.620
people believe that wealthy people inherited all their money, but of the 10,000 millionaires that
00:23:21.620
we talked to, only 21% of the millionaires received an inheritance at all. Only 21%. Only 16% inherited
00:23:30.300
more than a hundred thousand dollars. And so in looking at this, there was 3% of people that
00:23:35.680
inherited a million or more. So looking at that, the reality of the 10,000 that we talked to,
00:23:41.460
97% of the millionaires that we talked to didn't inherit an amount of money that caused them to be
00:23:48.040
millionaires. So that meant that they did it themselves. And so if people out there think
00:23:53.520
that the only way they can become a millionaire or build wealth is through an inheritance,
00:23:57.640
and maybe their family doesn't have money, maybe their family hasn't been good with money,
00:24:02.580
then in their mind, if inheritance is the only path, then they think they can never get there.
00:24:08.320
Right. Which then means if you think you can't get there, then it's like you said a little bit
00:24:12.780
earlier, then why try? Right. It's a loss of hope. Sure. That's exactly what it is. The loss of hope.
00:24:19.020
And I'm going to tell you, having a loss of hope is dangerous. It's easier to be negative. It's easier
00:24:25.160
to be down in the pit and to get stuck. But again, it goes back to that choice. I'm going to choose.
00:24:30.780
Yes, my situation doesn't get to define me. I'm going to choose to stay focused and I'm going to
00:24:35.200
choose to move forward. And I think that's how people end up pulling themselves up or having
00:24:40.100
good people around them that care about them, their friends or family members that care enough
00:24:44.740
about them to help them move forward. You know, it's what's interesting because I read these
00:24:49.080
statistics as well as I was going through the book and I'm always looking for what the story says and
00:24:54.240
maybe even just a different perspective just because I'm a curious person. And it's funny when you talk
00:24:59.080
about these people who haven't inherited some level of wealth or some money, I don't even think
00:25:04.980
that entirely paints the entire picture because I imagine there's millions and millions of people
00:25:09.760
out there who have inherited money and yet have squandered all of it. So even though these people
00:25:15.200
still have money, there's some skill development, there's some value or there's some investment
00:25:20.440
strategy that they've utilized to manage to hang on to the wealth that they have. And in a lot of
00:25:24.800
cases, increase it even if they did get that leg up. No, you're right. I mean, look at it with the
00:25:30.520
lottery winners, the people that win the lottery. I think it's some staggering statistic, you know,
00:25:35.400
like over 90% of them end up losing or squandering that money within a five-year period. You know,
00:25:42.300
so I think it goes back to the knowledge factor because when you have knowledge of how money works,
00:25:48.720
then what you can do is use it as a tool. It allows you to be able to know how to grow it so it doesn't
00:25:55.740
take advantage of you, but you're able to utilize it to help others. I know I told you earlier about
00:26:00.940
giving. There was a stat that was just rattling around in my head. 70% of the millionaires that
00:26:06.460
I studied, again, over the 10,000, 70% of them say that some of their income is set aside every month
00:26:12.300
to give to others. 70%, huh? 70%. That's high. Now, and I mean, and so you think about that. And so
00:26:19.420
for the people that are saying that they're just hoarding it, that's incorrect. Right.
00:26:23.740
These are people that are looking for ways. And again, that's the people, you know, you had a
00:26:28.640
percentage of people that didn't want to disclose. And I asked them about that. I was like, well, why is
00:26:33.700
that? They're like, well, we really want it to be anonymous. You know, we don't want anybody to know
00:26:37.480
that we're doing it. And so that means they don't have the heart of trying to get glory or the
00:26:41.820
attention for it. They're doing it because they know it's the right thing to do.
00:26:47.700
Yeah. You know, I like this principle. And if you give, you're going to receive, right? The more
00:26:52.800
that you give, the more that you'll receive, the more love that you give in a relationship,
00:26:56.260
the more likely it is you'll receive in that relationship. The more value you give to others,
00:26:59.820
the more value that will be returned to you. I think the principle holds true as well. The more
00:27:04.400
money you give in a constructive and meaningful way, you basically prove to God or the universe or
00:27:09.940
whatever it is for you that you're capable of being a steward over the financial resources
00:27:17.120
you've been given. And therefore you will be given more. Yeah, no, I agree. And I think that
00:27:21.280
whole word of steward, all that means is manager. Sure. And for anyone that have worked in the business
00:27:26.720
world, you know what management is. It means you're overseeing something. You're helping something to
00:27:31.780
grow, whether that's people, resources, or a business. And so again, if we have that mindset,
00:27:37.500
it changes things. I want to encourage your listeners to do this. Most people are going
00:27:41.460
into fancy coffee shops and dropping $5 a day. So I want them to do this. Avoid the fancy coffee
00:27:47.820
shop, brew your own coffee, and save up $25 this week when you hear this. And I want you,
00:27:54.860
the next time you go out to eat or the next time you have somebody that does a great job or great
00:27:59.220
service, leave them that as a tip and watch what happens. Watch what happens to you as you leave that
00:28:06.920
tip. And I want you to go somewhere where they can't see you and hide. And I want you to watch
00:28:12.180
them as you leave them a good tip. And again, some of your listeners out there could do you $50,
00:28:18.000
$100, or maybe even $200. But I just want you to do it and watch what happens. Something inside of
00:28:23.640
you changes. Something inside of you is happy. You may not even get a thank you or hear anything.
00:28:29.780
You don't need to because you knew that you did something good. And that doing something good has
00:28:36.620
an impact on us. And I think there's a ripple effect that can be caused with that. If we get more
00:28:41.980
people doing things like that, I think we can change the way that people are looking at the
00:28:46.920
country or thinking about the country because we're changing the way that we're looking at each other.
00:28:51.220
Yeah, I wholeheartedly believe that. I wish there was, and there probably is some sort of study out
00:28:55.800
there. So if somebody knows, some sort of study out there that actually proves that that feeling or
00:29:00.860
that sense of satisfaction in being able to give and help other people will actually enhance your
00:29:08.100
capacity for more abundance in your life. I really believe that's true.
00:29:12.280
Well, Ryan, you may have given me my next project.
00:29:14.320
There you go. There you go. If it is, then you'll come back on the show. We'll discuss it then.
00:29:21.660
Gents, we've been talking about tools and strategies for building wealth today.
00:29:25.140
And having those strategies and systems in place, it's critical for a successful life.
00:29:30.640
It's those systems that maximize our productivity and potential and having the tools and the
00:29:36.020
strategies and the framework. It's important when it comes to money, but it's also important in every
00:29:40.060
other area of life, your relationships, physical fitness, career aspirations, you name it.
00:29:45.920
And that's why we've worked hard at creating a system, a brotherhood, if you will, inside of our
00:29:50.120
exclusive program, the Iron Council. So when you band with us in the Iron Council,
00:29:54.020
you're going to unlock those systems that are helping men inside connect more deeply with their
00:29:58.840
wife and children, losing weight, running marathons, gaining strength, starting businesses,
00:30:03.900
securing promotions, every facet of their life. So if you want to learn more about those systems,
00:30:08.900
you want to learn more about what we're doing, including the accountability to 450 other men who
00:30:13.820
are working towards their own goals and objectives, then go check it out at orderofman.com
00:30:19.400
slash iron council. You can learn more over there and lock in your seat. Again, that's
00:30:23.520
orderofman.com slash iron council. You can do that after the show. For now, let's get back to this
00:30:28.880
conversation with Chris. Let's talk about your second myth that you identify, which is the myth that
00:30:36.200
these people who are wealthy are required to take these, these huge risks when it comes to the
00:30:41.500
financial decisions they're making. Yeah, it is. It's interesting. You know, people think that
00:30:46.320
the millionaires are taking these massive risks or going all in on a stock or the latest financial
00:30:53.660
buzz like cryptocurrencies. And in reality, that's just not true. The number one thing that these
00:31:00.500
millionaires use to be able to grow and build their wealth, again, 79% of them said that they
00:31:06.840
reached millionaire status through their employer sponsored retirement plans. Which is not a risky
00:31:12.780
proposition? Not at all. Typically. So we're talking about 401ks, 403bs, IRAs, Roth IRAs. So with
00:31:21.140
that, 80% almost. So the number one contributing factor to millionaires' high net worth is investing in
00:31:27.580
their retirement plans. So that's not a get rich quick mentality. That's not a trying to swing for the
00:31:34.260
fence with a cryptocurrency. That's investing in something that is solid, diversified, and allowed to
00:31:41.480
grow over time. This is interesting because I think we see a lot of people who are poor by the metrics
00:31:49.080
that we identify that actually are taking big risks that they can't really afford because they must
00:31:54.860
think that's the only way they can do it. And that's why you saw this, this huge cryptocurrency surge.
00:31:59.560
What was it? Six, eight, nine months ago or so. These people can't afford it, but I think they're
00:32:03.720
looking at it and think, oh, in order to make it big, I have to take a risk. Yeah. And again, you know,
00:32:08.460
looking at this, people are swinging for the fences, right? And so the whole mentality of get
00:32:14.060
rich quick is dangerous. That's why there's those programs on TV, you know, late at night trying to
00:32:20.600
catch people when they're most vulnerable or when they're willing to, you know, send in $495 for this
00:32:27.020
kid that's going to, you know, do this thing. It's that mentality that I've got to do something drastic
00:32:32.840
or I've got to do something quick in order to get there. And I want to tell people that's the opposite.
00:32:37.060
I don't want you to get rich quick. In fact, I talk about it in the book. I want you to build
00:32:41.980
wealth slow, meaning investing consistently over time. You know, I tell people investing 15% of your
00:32:47.980
income into that employer sponsored retirement plan allows your money to hang out with two of
00:32:53.800
its best friends and that's time and compound interest. And so you can build wealth, but I want
00:32:59.080
you to do it consistently. I want you to do it intentionally and I want you to stay focused.
00:33:03.460
It's funny though, because what I've heard some people say is, you know, Ryan, uh, I can't invest
00:33:09.220
as much as I would like to. So I'm going to wait until I can get to that point. To me, that's like
00:33:13.960
saying, you know, I'm not really going to go to the gym until I get in shape. And then I will.
00:33:17.660
It's like, I don't understand why we have this disconnect.
00:33:21.120
Well, the same can be true with income. You know, I've heard people say, well, Chris, you know,
00:33:25.820
I'm going to wait until I make more money before I start doing X, Y, or Z.
00:33:28.720
Right. And I laugh because I think about myself, Ryan, years ago, long before I had joined Dave's
00:33:34.780
team, I was one of those people, you know, I said, well, you know, when my income gets to here,
00:33:39.260
that's when I'll start to get serious. And the reality is, is that lifestyle will grow
00:33:43.580
or other people have a plan for your money if you don't. And you will continue to do that until you
00:33:49.980
have this wake up call. And again, when you are thinking like that, that I'll wait and start
00:33:55.060
managing my money. Well, when I get to X dollar amount, what you end up wasting is time and the
00:34:00.300
opportunity to have compound interest grow your money. So I don't care if you're making 30, 40 or
00:34:04.600
50,000 a year, I want you to get intentional with making and managing that dollar amount now,
00:34:10.420
because if you can manage 50 well, then when you get to 70, 80 or 90,000, you're already going to be
00:34:17.260
set and on a plan. I think that's a great point. I mean, I think having the habit could potentially
00:34:23.040
be more powerful than the time and compounding interest. Don't get me wrong. That's important,
00:34:27.280
but developing and articulating the right habits will also compound over time as well. You need
00:34:33.320
to establish those healthy habits. No, you really do. And those habits, speaking of habits,
00:34:37.800
I also, in talking to the millionaires, I wanted to know about the key attributes,
00:34:42.120
right? I wanted to know what are the characteristics these people have in common. And so in the research,
00:34:47.400
I was able to come up with five, you know, because we got to be careful because if we believe the
00:34:51.960
myths about wealth and the myths about wealthy, what it'll do is end up blocking us from building
00:34:56.960
wealth ourselves. Sure. So I want people to start to believe that they can become a millionaire.
00:35:01.540
But here are the five characteristics that these millionaires had in common that made them
00:35:05.700
successful. I'll list them out for you. Number one, they take personal responsibility. Number two,
00:35:11.620
they practice intentionality with their finances. Number three, they're goal oriented. Number four,
00:35:17.680
they're hard workers. And finally, number five, they know that wealth building takes consistency.
00:35:24.140
I love that. I mean, I think we ought to break each one of these down because, well,
00:35:27.240
and the thing I like about your work and the research and the book itself is, yeah,
00:35:30.540
you get a little bit tactical, but you're also looking at it from a mindset perspective. And so it's
00:35:34.420
very easy to say, well, invest in this 401k or this mutual fund or this stock, as opposed to having
00:35:39.840
the right foundational mindset that will inevitably produce the results that we're after.
00:35:43.760
No, you're absolutely right. And of these five, there's not anybody that's listening to this or
00:35:49.160
anybody in America that can't decide to begin to implement these five characteristics in their
00:35:55.380
lives right now. And I'm talking from millennial all the way up to a baby boomer and beyond. We have
00:36:02.680
that opportunity. And so the personal responsibility is really about owning where you are, whether things
00:36:08.560
are good. If things are not good, you're looking in the mirror and you go, you know what,
00:36:12.500
regardless of where it is and how it is, it's on me. And I think when we have that kind of mindset,
00:36:17.660
if we're looking at us, and I said earlier, as I tell the leadership people, as I travel and speak,
00:36:22.980
you know, that you're either part of the problem or part of the solution. And so when you have
00:36:26.980
personal responsibility, what you're doing is you're saying, I'm going to be part of the solution.
00:36:31.680
The practice intentionality with their finances, that's implementing these key habits. That's budgeting.
00:36:36.760
That's building up an emergency fund that's investing and really being very, very focused,
00:36:42.040
a goal oriented. Let me stop you right there. Cause I want to break these down just a little
00:36:45.900
bit further. And let me go back to this personal responsibility component, because, you know,
00:36:50.280
I'm trying to put myself in somebody's shoes. Who's listening to this and thinks, well, it's not
00:36:54.080
that easy or it's not that simple. And one of the things I can think of is that there are outside
00:36:59.080
circumstances that actually impact somebody's wealth. For example, somebody might say, well,
00:37:04.760
I got a divorce and my wife gets half of the assets, or I have to pay two, three, $5,000 in
00:37:09.720
alimony and child support, or I just got laid off because the economy's down or the stock market went
00:37:15.240
down. And so I lost 40% of my, my nest egg. So there are these outside factors that certainly
00:37:21.280
impact us in a negative and positive way. Like, how do you, how do you account for those things and
00:37:26.420
take responsibility, even though there are things that are outside of your control?
00:37:29.940
Yeah. As Zig Ziglar once said, it's not a matter of what happens to us. It's about our responses.
00:37:34.300
And those scenarios that you painted, whether someone is walking through a divorce or a tough
00:37:40.600
relationship, or someone has had a job loss or income drop or, or an illness in the family,
00:37:46.560
all of those things are real. All of those things are tough. And I would never, ever look at or
00:37:52.240
belittle any of those. But my, the bigger question would be now, what, what are you going to do now?
00:37:59.140
Because I think it goes back to the two options. We can wallow in it, or we can work toward getting
00:38:04.660
better. And I think there's a time obviously to feel hurt and to feel the challenge and to feel
00:38:10.500
the frustration and desperation. I, yes, but we can't make that a full-time job. We've got to keep
00:38:15.900
our eyes on moving forward. And so the personal responsibility in that is a matter of, all right,
00:38:22.120
what am I going to learn from that scenario? And then what am I going to do now moving forward?
00:38:27.240
And so, you know, I had a coach tell me years ago, he said, guys, you're either getting better or
00:38:31.920
you're getting worse. Nothing stays the same. I wrote that down. And that's another one that has
00:38:36.920
stuck with me. And so despite the challenge or the setback, right, I think we have an opportunity
00:38:42.360
to get better. And there's a phrase out there. I tweeted it a while back and I'd heard it from someone
00:38:46.300
and I can't remember, but the phrase is this, a setback is a setup for a comeback. And what we can
00:38:53.360
do, despite what has happened, we learn from it and we're striving to be able to move forward.
00:38:58.860
So we don't repeat it. Yeah. I mean, it just seems like the mentality of being proactive versus
00:39:03.180
reacting to the situation. And look, let's, let's be real. There's a time where you have to react,
00:39:07.480
you know, something caught you off guard and you got to react, but the quicker you can get back on the
00:39:10.980
offense, I think the better you're going to be. No, I think so. And I think again, taking all things as a
00:39:16.120
lesson, right, learning from it. So, you know, that way you're not, you're, you're, you're able to be
00:39:21.160
able to move forward with the right people, the right resources and the right mindset. Having those
00:39:26.760
three things in your corner, I think that allows us to grow forward. Let's talk about intentionality.
00:39:32.740
What types of activities can somebody engage in to be more intentional with their finances?
00:39:37.860
Right. Well, I think it goes back to the habits. If you want to be intentional with your finances,
00:39:41.460
then you're a, you're planning, uh, you're understanding, Hey, what, what do I have?
00:39:46.860
Where have I, and what do I want? And so that's that budgeting, you know, telling every dollar where
00:39:51.840
to go instead of wondering where it went to quote John Maxwell. I love that line. That is attacking
00:39:57.640
debt. We teach people to use the debt snowball list. Your debts, how small is the biggest, uh,
00:40:02.520
make minimum payments on everything, all the debts while you attack the smallest one with every dollar
00:40:07.540
that you have, which is what I have done personally in my life. And I can attest to the fact that it
00:40:11.600
works. So that is fantastic. How much debt did you pay off? Uh, I paid off roughly 75 to $80,000
00:40:19.900
doing that. Fantastic. See what that does again, for the people that are listening for you to have
00:40:25.620
done that, that meant it wasn't an accident. Was it? No, no. Very intentional. Absolutely.
00:40:29.980
Intentional. And so, you know, that's that process. And so using the debt snowball to attack debt,
00:40:35.820
then once you do that, you give yourself a raise because your money is going to stay with you now.
00:40:39.920
Right. Right. It's not good to Visa and American Express and all the other people.
00:40:43.740
And then if I can add in there is to be intentional about that money. Let's say you saved,
00:40:47.440
for example, or I should say freed up $2,000 a month of payments is now you don't go out and,
00:40:52.800
you know, buy the four-wheeler and get right back into debt, but you're intentional about now,
00:40:56.140
what do I do with this money? Do I increase my, my standard of living? Do I invest and save more
00:41:00.440
money? But you're intentional about the savings as well. You're absolutely right. And that,
00:41:04.240
that's what I mean, that you're happening to your money. You've worked hard for it. You know,
00:41:09.140
I know people that are driving two hours one way out in LA. I know people that are sitting in all
00:41:14.740
kinds of traffic in Chicago to catch the train. I mean, I've met these people all around the
00:41:19.140
country, hardworking people. Well, if you work hard for your money, let's make your money work
00:41:23.960
hard for you. That's the least it should do. Absolutely. Let's get onto a number three,
00:41:28.540
being goal oriented. Well, goal oriented means that you set your sights. You know,
00:41:32.740
these people didn't become millionaires on accident. They knew what they were striving
00:41:36.560
for. They knew what they were striving toward. And I think it's really important that when we set
00:41:40.900
goals, one of the things I talk about, especially, you know, this time of year in January, you've got
00:41:46.140
a new year and an opportunity for a new you. And that means I want you to set goals, but I want you
00:41:51.680
to set goals, but also be mindful in setting the goal. Be sure to list out what you're willing to
00:41:57.080
sacrifice to get there. That's really, really important. I know for myself, I set a goal. I'm
00:42:02.820
down close to around 40 pounds now. That wasn't an accident. I had to do some pushaways. I had to
00:42:08.960
push away from the kitchen table, right? Sure. And be intentional with that. And so setting a goal
00:42:14.220
and then monitoring yourself to keep you on track, I think is really, really important. And as we do this
00:42:20.800
and we practice those habits of having goals, things that we're striving for, it helps us to stay on
00:42:26.360
track. It helps us to keep our eye on the destination. That way we don't get distracted.
00:42:31.360
What are some of the goals that you had seen, maybe a reoccurring trend or goal in some of these
00:42:37.760
millionaires that you researched and interviewed?
00:42:40.500
Well, I mean, all of them were striving. You know, one of their big goals obviously was to work toward
00:42:45.900
getting to millionaire status. But I got to tell you, one of the things that they had in common
00:42:50.360
was attacking and paying off the house. It was amazing. Two thirds of the 10,000 people that
00:42:56.780
we talked to have a paid off mortgage. That's interesting because I actually,
00:43:00.040
I wouldn't have thought that number would be so high considering the low interest rate on a home,
00:43:04.940
the deductibility and the write-offs that come with having, well, I guess servicing the debt on
00:43:09.240
the home. That's a really interesting thought. I hadn't considered that.
00:43:12.680
Right. And here's the reality of that. And as far as the whole interest and keeping the mortgage for
00:43:18.020
the tax write-off, that's another one of those that I think people grab onto because it just sounds
00:43:22.420
good. And it means that I'm not, I'm going to let this mortgage sit here and hang out as opposed to
00:43:26.220
attack it. Right. It's a, you only get to deduct it if you fully itemize your taxes. Okay. And so
00:43:32.000
the reality is I tell people this, Ryan, I give people a PhD in economics with this interest that
00:43:37.660
you pay as a penalty interest that you earn as a reward. So if I have, if I have debt and I'm paying
00:43:44.460
interest, I'm being penalized because that money's leaving me. But if I have investments and my
00:43:49.340
money's growing, then I'm earning interest. And so that concept in itself helps me paint the picture
00:43:54.720
for people to understand. You have a mortgage. If you have a mortgage, you're paying interest.
00:43:59.660
That means you're being penalized. So let's attack that and pay it off. And now you free up that
00:44:04.900
mortgage payment to start to work for you instead of going to others. And oh, by the way,
00:44:09.560
the average millionaire pays off their home in 11 years. Hmm. I kind of liken it to. And one of
00:44:15.700
the things I've said in the past is that you basically are tripping over dollars to pick up
00:44:19.640
dimes. I like when you're doing that. I like that. I've heard it said this way. I'm never going to
00:44:24.180
trade a quarter for a dollar. Right. But I will say this though, Chris, and let's just play this out
00:44:28.960
a little bit because I think the thought is, and there may be some validity to this, especially in a,
00:44:34.220
in a good economy is that I can take, let's say I'm going to double my payments. Let's just for the
00:44:38.940
sake of math, my mortgage is a thousand dollars. I'm going to double my payments. I'm going to pay
00:44:42.060
$2,000 a month. I think the thought is that I can take that thousand dollars and invest it and yield
00:44:48.120
a higher return than what I'm paying interest on with regards to the mortgage. Yeah, no, I agree.
00:44:53.140
And I misspoke, Ryan. I said, I wouldn't trade a quarter for a dollar. I meant I'm not trading a
00:44:57.440
dollar for a quarter. Right. We knew what you meant. We knew what you meant. But I want to clarify,
00:45:00.760
but you're right. And I think helping people to think differently, again, it goes back to,
00:45:05.020
let's understand how these numbers work. You know, let's understand how interest can work
00:45:09.380
in your favor instead of in the favor of others. And as you invest and you do that, and again,
00:45:15.220
I want to remove the risk part. That's the other side of paying off the house that I don't think
00:45:19.780
people understand. When you have a mortgage, you have risk. I want people to have risk out of their
00:45:25.140
lives in the form of debt. And I want them to have more opportunity in their life in the form of
00:45:30.240
options. Yeah. I mean, I think having those options are very, very powerful. And then you
00:45:34.920
can choose based on your circumstances or the economic climate or whatever factor that you're
00:45:40.460
dealing with at that given moment. It empowers us. We have the opportunity. The options are out
00:45:46.800
there. They're available. But what we have to do is make a decision and understand really what's at
00:45:51.140
stake and believe that we can do it. Yeah. What about hard work? I mean, this is such a buzzword,
00:45:56.560
right? Oh, just work hard and everything will work out. So, you know, how do we, how do we begin
00:46:00.700
to work hard? What type of hard work are we talking about here? And what does this actually look like
00:46:04.640
in reality? Yeah. I think the big thing is, is with hard workers, this is about people that are
00:46:10.820
really committed to what it is that they're doing. They are people that are doing the consistency side
00:46:18.040
day in and day out. They're not scared of doing the boring thing. You know, they're not looking to be
00:46:24.000
flashy or glamorous. They're looking to really drive toward their goals. And if you're going to
00:46:28.580
achieve goals, it's going to take hard work, especially if you've set those kinds of big
00:46:32.760
goals. So it's getting up and doing the things, you know, to do day in and day out, really staying
00:46:37.980
connected to the things that matter most to you and, and really understanding the opportunity.
00:46:43.260
I don't know anybody that's been successful. They got there by accident. These are people that have
00:46:47.840
put in time as I worked with a lot of pro athletes. You know, I can remember guys,
00:46:52.020
a story I read about Larry Bird. Larry Bird played for the Celtics, you know, back in the seventies and
00:46:57.320
eighties, a phenomenal player and had an unrealistic percentage for free throw hitting or game winning
00:47:04.080
shots at the free point line. And what people don't understand is that the story goes that he used to
00:47:09.040
shoot 50 free throws at the end of every practice. And if he missed one, he started over.
00:47:15.100
Wow. You can imagine with the game on the line and him standing at the foul line,
00:47:19.580
uh, getting ready to shoot those shots. This man has done it hundreds of thousands of times,
00:47:25.380
not just thought about it. He's done it. So the pressure of the situation there doesn't rattle
00:47:31.220
him because he's in the habit of doing that. And so to me, hard work is putting in the time,
00:47:37.080
uh, making the sacrifices day in and day out to the point that it just becomes a part of your fabric
00:47:43.200
and who you are. I like this idea of actually putting in the reps and putting in the practice.
00:47:47.680
Somebody the other day paid me a compliment to which I was, I was grateful for. And they said,
00:47:51.120
you're, you're so gifted when it comes to communicating. And I thought to myself,
00:47:54.000
is that really true? And the answer is most certainly no, it is not true. But I calculated
00:47:59.400
the amount of hours that I've sat behind this podcast microphone and had these conversations
00:48:04.020
and it was just shy of 20,000 hours. So it's not a gift. It's a practice. It's a skill set that
00:48:12.040
has been developed over time. Yeah. And I'm going to tell you this, you are skilled at what you do.
00:48:17.520
Because you have practice, but you also have a natural ability that you've cultured through hard
00:48:25.160
work, through reading, through listening to yourself, through watching others. And so you're
00:48:30.000
right. It's not an accident, you know, that you have that skill set and it's not an accident when
00:48:34.720
people become a millionaire because they decided and they put in the time and they gave the effort
00:48:40.120
to get there. And so that's what comprises hard work in my mind. I think, um, and I misspoke.
00:48:46.660
I said hours, I should have said minutes under 20,000 minutes. That's what I meant to say.
00:48:51.020
Anyways, beside the point, I just want to make sure I clarify there. It wasn't that much.
00:48:55.500
I think people inherently know that they need to work hard, but I think even when somebody sets
00:49:00.260
out to do something that they may be good for a week or a month or a year even, but then something
00:49:06.560
derails them or gets them off course. Did you find that there was a common theme or a common
00:49:12.720
circumstance that, that got these types of people off track and then how do they get back
00:49:17.080
on track? Some of the millionaires had talked about that. They had run a little bit ahead of
00:49:22.040
themselves in as far as planning or trying to get something. And a lot of times that would be in the
00:49:27.340
form of, of a home or something that they bought, but it was also this wake up call, you know, for them
00:49:33.100
that if they did make that financial error, they quickly came to where they were focused on, Hey,
00:49:39.180
you know what? I'm not going backwards. And they were able to write the ship. And so I think that's
00:49:43.680
what leads to the fifth trait, which is more important, which is that they know that wealth
00:49:48.120
building takes consistency, that it's not a flash in the pan, you know, to say that almost 80% of
00:49:54.460
them reached millionaire status through their employer sponsored retirement plans, the 401ks and
00:49:58.940
403bs that meant that they were consistently investing their money month in month out year after
00:50:06.500
year, decade after decade. And that's what caused them to get to that status. It's not a flash in
00:50:12.180
the pan. It's not, you know, one huge jump. It's that consistency and making that a habit.
00:50:18.620
I think this actually alludes to one of the conclusions that you drew from your research.
00:50:23.660
And this fascinated me that the top three answers, as far as occupation were engineer, accountant,
00:50:30.060
and teacher. Now, if you would have asked me, what do you think they would be? I would say,
00:50:34.720
doctor, lawyer, financial professional. So it's really fascinating that these are not
00:50:41.060
necessarily high paying jobs that we're talking about here.
00:50:44.800
No, not at all. A lot of people think that that was another myth that I chopped down in the book.
00:50:49.560
You know, people think, you know, you got to have a super high income. That's not the reality.
00:50:55.040
People, as you look at this, only 15% of the millionaires that I, that we researched were in
00:50:59.960
senior leadership in their company, vice president or senior vice president, only 7%.
00:51:04.460
of them were C-suite executives, you know, CEO, chief marketing officer, CFO, 18% of them were
00:51:12.040
self-employed. And so of those top five jobs, you had engineer, accountant, teacher, and management.
00:51:19.000
And so looking at this, engineers, where they're totally used to keeping track of stuff and
00:51:24.400
following plans. Accountants are good with money. And so the habit of budgeting is easy,
00:51:29.520
but teachers, they're focused people. They're willing to learn because they teach. And so they
00:51:34.700
have the ability to stick to the plan. And then people that are in management, these were people
00:51:39.160
that learn skills and practice skills and that those five characteristics that I talked about over
00:51:44.100
time. And so for the listeners out there, regardless of your job, regardless of your
00:51:49.380
occupation, and I'll even take it as far as to say, regardless of your income, you've got the
00:51:54.540
opportunity to implement these five characteristics, these five attributes, and to put yourself on the
00:51:59.860
path to becoming an everyday millionaire. Yeah, that's it. I didn't consider that,
00:52:04.160
but it's more the skillset that you have as opposed to the income or potential income earnings that you
00:52:10.380
possess. Yeah. Because I mean, I've worked with pro athletes that, you know, made three to four to
00:52:15.240
$5 million in a year, but two to three years after they're out of the league, they're broke.
00:52:19.460
Well, how is that? How did they come into more money than most people will ever see in their
00:52:23.940
lifetime? They got that in a year and it's gone. Well, they didn't have these characteristics or they
00:52:29.580
didn't have them as it relates with money. They could have been goal oriented and hard workers, but
00:52:34.380
were they intentional with their finances? Did they know that building wealth takes consistency? So they
00:52:39.800
were missing some key components that caused them to lose their wealth instead of building it.
00:52:45.240
Yeah. Yeah, man, this is powerful. What I like most about it is that it's, it's the research,
00:52:50.720
that's the data behind it, but it's giving us who are, you know, everyday ordinary men who,
00:52:57.520
you know, maybe don't have the highest paying jobs or, or the highest level of education,
00:53:02.100
but it gives us some optimism that these types of wealth type stories are, are, are true and they
00:53:09.160
can happen for us if we implement the five things you're talking about here.
00:53:12.120
Yeah, we, it really is. And I think that's the key message I want people to get from the book
00:53:16.460
as they read it. And it's set up so great. You know, my editorial team and, and research team
00:53:21.800
here are phenomenal. You're going to have an opportunity to read the stats about these over
00:53:26.220
10,000 millionaires that I talked to. Uh, you're going to have an opportunity to learn about the
00:53:30.240
attributes and the things that they did. But most importantly, uh, my favorite part of the book
00:53:35.160
are the stories. We have real stories of the millionaires inside of the book throughout the chapters.
00:53:40.320
We're really talking about and drilling down into the individual millionaire story. And people are
00:53:46.660
going to enjoy reading those stories, uh, hearing about the obstacles and challenges that they
00:53:51.940
overcame, but how they did it. And so that excites me. And I think people are really and truly going
00:53:56.940
to enjoy this message. I know they will. And I know we're just scratching the surface on the
00:54:00.860
depth of work that you and Dave Ramsey have been doing over the past decades. These guys really need
00:54:05.640
to reach out. They need to read this book, but they need to reach out and figure out what else you guys
00:54:09.220
are offering. Cause there's so much valuable insight, uh, into what you're doing. So as we
00:54:13.620
wind down today, I want to ask you a couple additional questions. The first one I did prepare
00:54:17.400
you for a little bit, and that is what does it mean to be a man? You know, as you think about
00:54:21.380
being a man, I think there's a few things. I think it's striving to be better, but I think
00:54:27.300
protecting and serving and looking at your family, looking at your career, really understanding
00:54:33.120
that you've got an opportunity to get better, to be able to grow in many, many areas. And
00:54:37.940
it's going to be based on the knowledge that you gained and the people that you hang out
00:54:42.900
Excellent. And how do we connect with you and find out about the book, find out about the
00:54:46.700
work you're doing and the lectures and everything else that you have going on?
00:54:49.620
Yeah. Well, I mean, it's really easy. Uh, you can get connected with me by going to
00:54:53.160
chrishogan360.com. That's my website. It'll tell you about the Chris Hogan show. It'll tell
00:54:58.760
you about the book. I've got some free resources and tools on my website to help people in this
00:55:03.640
financial area. And it also talks about the different events that I have going on around the
00:55:08.380
Excellent. We'll link it up for the guys. Chris, I just want to let you know, I appreciate
00:55:11.680
you taking some time. I know it's busy for you right now. It's crunch time as you're getting
00:55:15.580
ready for the launch of the book, but man, I can't tell you how good it's been to have
00:55:19.480
you on the show and talk about some of this wisdom. I know the guys are getting a lot of
00:55:23.020
Well, I appreciate it, Ryan. And thank you for having me. And I look forward to talking to
00:55:28.580
Gentlemen, there it is my conversation with the one and only Chris Hogan. I hope that you enjoyed
00:55:32.200
that one. As you can tell, I mean, Chris is powerful, not only talking about his voice,
00:55:35.980
his voice is incredible, but he has so much conviction and passion behind what he shares.
00:55:40.340
And I think you probably heard that in the conversation today. And I hope it's inspiring
00:55:45.020
you and driving you to not only pick up a copy of his book, but to really get on top of your
00:55:49.080
finances and get on top of your money. I wish it weren't the case that we had to worry so
00:55:53.840
much about finances and some obviously worry more than others, but we need to, it's critical.
00:55:59.020
It's a huge, huge component of being a successful man. So get the stuff in check, pick up a copy
00:56:04.200
of the book, implement the strategies and improve your life financially. Get out of debt, save money,
00:56:09.940
manage your cashflow, all that fun stuff. All right, guys, you can pick up a copy on Amazon
00:56:14.120
or you can head to order of man.com slash one nine nine as an episode 199 and click on the link.
00:56:21.900
That'll take you to the book there. Also connect with Chris on Twitter, Instagram, Facebook,
00:56:26.260
wherever you're doing social media and connect with me while you're at it, especially on Instagram,
00:56:30.740
very, very active on Instagram at Ryan Mickler. And my last name is spelled M I C H L E R.
00:56:36.760
So we'll call it a day guys. I hope you enjoyed the episode. I hope that you're walking away with
00:56:40.440
some, uh, some practical information to help you improve your life as a man. And again, as I end
00:56:45.420
these, as I always do, it's about you. I really appreciate you. I recognize that I could not do
00:56:51.480
this without your support and help. And I appreciate the ratings, the reviews, you sharing, you having
00:56:56.460
conversations about what we're talking about here within order of man on the podcast and everywhere
00:57:00.920
else we're showing up. So guys go out there, take action and become the man you are meant to be.
00:57:07.280
Thank you for listening to the order of man podcast. You're ready to take charge of your life
00:57:11.880
and be more of the man you were meant to be. We invite you to join the order at order of man.com.