Valuetainment - November 08, 2018


Episode 206： How to Make a Million Dollars a Year


Episode Stats

Length

22 minutes

Words per Minute

225.67917

Word Count

4,976

Sentence Count

346

Misogynist Sentences

3

Hate Speech Sentences

1


Summary

In this episode, Patrick explains how to make a million dollars a year income and why it's easier than climbing Mount Everest. According to 2017 tax returns in America, over 500,000 people made over $1 million a year in income.


Transcript

00:00:00.000 30 seconds. One time for the underdog. Ignition sequence start. Let me see you put them up. Reach the sky, touch the stars up above. Cause it's one time for the underdog. One time for the underdog.
00:00:17.240 I'm Patrick Bedevia, host of Alutainment, and today I'm going to talk to you about how to make a million dollar a year income. Literally, how you can make a million dollar a year income. I'm going to share with you the formula.
00:00:25.720 According to 2017 tax returns in America, over 500,000 people made a million dollar a year income. In America, 500,000 people made over a million dollar a year income. Now here's the kicker. Mount Everest. People say, oh my gosh. You know, he reached the top of Mount Everest. Do you know how many people have done it out of 7 billion people? 4,000 only. Out of 326 million people in America, 500,000 people have made a million dollar a year income.
00:00:55.020 That means it's so much easier to make a million dollar a year income than climb Mount Everest. And some people think a million dollar a year income is such a big deal. Not anymore today in America. Now keep this in mind.
00:01:04.960 I'm going to give you two different sides in this episode. One is going to be the logical side. I'll give you the math. The other one's going to be the emotional side, which is a part that most people struggle with.
00:01:13.480 But this is a guy giving you this video, this message here. I've never lived in a house. I've always lived in an apartment. My parents got a divorce. I barely graduated from high school. I went to the U.S. Army because every counselor I had told me military is the best way for you.
00:01:28.580 Because you can go to the Army. You can come out and be a cop or a firefighter and you'll be set with a pension, with benefits, with all this other stuff.
00:01:35.960 And you don't need to worry about everything else because schooling and success for everybody else is not going to work for somebody like you, Patrick.
00:01:42.080 So I went the military route. No one in my family has ever made over six figures. We've never owned or lived in a house with a swimming pool, a backyard, nothing.
00:01:48.660 We've never owned a condo that I've lived in ever. So that was my life. Fast forward. The moment I figured out this formula and I trusted it, this formula and I trusted it, which I'm going to share with you.
00:02:00.320 And by the way, this is not one of these clickbait, go on this webinar because I'm going to show you this program that for only $19.99 and you buy this program, I'm going to show you how to be a millionaire.
00:02:09.860 This is free content to you, but it's going to make you millions. You'll see by the time I'm done.
00:02:13.180 But this formula got me a Ferrari, a Lambo, you know, Porsche, a Don, a Rolls Royce, a house, a 15,000 square foot. I've traveled all over the place.
00:02:22.000 More importantly, family. My dad's been all over the world. I've surprised my dad and my mom in the craziest way that they couldn't even believe.
00:02:29.840 And more than anything else, outside of all this other stuff, when family needed money, money's in the bank account.
00:02:36.020 When I wanted to experience unique moments with people that matter to me the most, money's in the bank account.
00:02:39.720 When I wanted to be able to do things, when crisis happened, for people in my family, I had money in the bank account.
00:02:44.120 You watching this, listen to me. You will do better for the world being a millionaire than doing better for the world somebody making $30,000, $40,000 per year.
00:02:52.040 You, you need to figure out a way how to make a million dollar income because it is that important to make that kind of money today because it's free to figure out a way to do it today.
00:02:59.380 So let's get right into it.
00:03:00.620 So there are two areas that you need to figure out in order for you to make a million dollar income.
00:03:03.880 One is the logical side that has to do with math. The other one has the emotional side that has to do with belief.
00:03:09.900 We'll get into this, which is going to be some unique stuff you have not heard before, but let me explain the logic side.
00:03:14.860 So here's the math side. When it comes down to coins, we have a half a dollar coin, 50 cents.
00:03:21.000 We have a quarter, 25 cents. A dime, that's 10 cents. A nickel, that's 5 cents. And a penny, that's 1 cent, right?
00:03:28.540 How many different combinations of coins makes up a dollar? Here's what I mean by it.
00:03:34.680 If I have two 50 cents, half a dollar coins, that's $1. If I have four quarters, that's $1. If I have 10 dimes, that's $1.
00:03:42.900 If I have 20 nickels, that's $1. If I have 50 pennies, two quarters, that's $1. How many combinations can I come up with to make up a dollar?
00:03:52.220 You know what the number is? 293 different ways I can come up with a dollar.
00:03:57.420 What's my point to you? To make a million dollar your income, there's so many different ways that you can break down the math to make a million dollar your income.
00:04:04.920 I'm going to give you examples on three different industries for you to say, okay, now I get it on what I need to do to make a million dollar your income.
00:04:12.080 Because you've got to know the formula on how to make a million dollar your income.
00:04:15.160 So let's go over here right now, Mario, together. Let's look at the first one. The first one is just sales.
00:04:20.020 So pick any product that you want to sell. It can be insurance. It can be any product you're selling that's $1,000 sale.
00:04:27.020 So if your average commission is $1,000, how many personal sales do you need to make in a month to make a million dollar your income?
00:04:36.420 The number is $1,000 is your average commission sale.
00:04:39.260 You need to make 83 sales, which is $83,000 per month, times 12 months, you're making roughly a million dollar your income.
00:04:46.320 That's if you sold everything personally. Now you may be watching this and saying, Pat, there's no way in the world I can sell 83 days a month.
00:04:53.440 That's why you may need a team or a sales team.
00:04:56.460 If you become a sales team, if that average sale that everybody sells is $1,000, if you're a sales manager and a broker, maybe the average commission by sales made by a rep to you is $250.
00:05:10.260 Which means $250, if the average sale to you is that the commission, you make your cut, you need 332 sales made by everybody to come up with $83,000 that becomes a million dollar your income.
00:05:23.140 So now, what you're solving for is what? 332 sales. How do you make 332 sales? Basic math.
00:05:31.120 Either get 5 people that sell 66 of these products per month, either find 10 that do 33, 20 who do 16 of these, or get 40 sales reps that do 8 of these to make a million dollar your income.
00:05:43.640 This is any sales industry. Now let's look at real estate. Here's real estate.
00:05:47.060 Say the average home you sell is $500,000. The commission that's paid to you as an agent is 6%.
00:05:54.520 Your cut, the total commission is $30,000. Your cut is 70%.
00:05:59.780 70% of that $30,000 commission, because your broker keeps the 30%, that's $21,000.
00:06:05.320 You need to make 4 of those sales per month to make $84,000 a month, times 12 months, you'll make $1,008,000 per year.
00:06:13.280 Now, you may say, well, my average home size is not half a million dollars, it's a quarter million dollars.
00:06:17.720 No problem, you need 8 sales.
00:06:19.320 Well, the average home size I sell is a million dollar loan.
00:06:21.820 Then you need 2 sales. It doesn't matter. Figure out the math for yourself.
00:06:25.500 If you're a broker, and you have real estate agents working for you,
00:06:29.200 how much total do you need to sell for you to make your 30% cut of a million dollar income?
00:06:34.620 Here's what it is.
00:06:35.540 If the commission is $30,000, your cut is 30%, that's $9,000 you take as a broker,
00:06:41.860 which means you need 10 sales to be made.
00:06:44.360 That's $90,000 for a total of $1,080,000 per year, right?
00:06:49.600 So how do you break that down?
00:06:50.860 Well, you need 5 real estate agents per month that make 2 sales a month for you,
00:06:55.340 out of half a million dollars to make $90,000 a month,
00:06:58.000 or you need 10 real estate agents that work for you,
00:07:00.920 that make a sale of a half a million dollars per month for you to make a million eight per year.
00:07:05.220 The formula is there.
00:07:06.160 Now, here's another one.
00:07:06.880 Some of you guys that are engineers, you're on an IT firm or a consulting firm,
00:07:10.740 and the average hourly is $150.
00:07:13.940 This could be a law firm, this could be an IT firm, this could be a consulting firm,
00:07:17.080 but the average hour that you charge,
00:07:19.180 I come to you, I need you to design the software for me,
00:07:22.880 you say it's going to be around 300 hours.
00:07:24.900 300 hours times 150 hours, $150 per hour, I'm paying you $45,000.
00:07:30.820 I'm just kind of giving you a math here.
00:07:32.000 And at $450,000, I'm giving a math to you here, right?
00:07:35.020 So if the average hour is $150,
00:07:38.120 your engineer that works for you,
00:07:40.740 because you sold the contract,
00:07:42.260 there's a lot of people that sell these contracts
00:07:43.900 who don't know anything about coding or IT,
00:07:46.020 they sell the contract.
00:07:46.860 If the average engineer who works for you makes $75,
00:07:51.280 your cut is $75,
00:07:53.220 that means you need roughly 1,100 hours in a month
00:07:57.060 to make $83,000 per month to make a million dollar your income.
00:08:01.220 So the formula you sold for is what?
00:08:03.080 1,100 hours.
00:08:04.680 So 1,100 hours divided by four weeks is roughly 275 hours.
00:08:08.740 That's 40 hours per week with seven consultants.
00:08:11.460 If you have seven consultants doing 40 hours a week
00:08:15.560 of you making $75 per profit on the hour,
00:08:18.980 you are making a million dollar your income.
00:08:20.500 Do you see what I'm showing to you here?
00:08:21.960 This is the mathematical formula.
00:08:23.560 By the way, this is boring,
00:08:25.640 but it's exciting when you get a paper and pen
00:08:28.000 and you start writing out your formula.
00:08:29.260 Oh my gosh, this is all I need to do,
00:08:31.460 make a million dollar income?
00:08:32.640 What do I need to do,
00:08:33.460 make two million or three million
00:08:34.520 or five million or 10 million?
00:08:35.840 That's the pure math.
00:08:36.840 It's so easy to do, but this is logic.
00:08:39.120 This will not get it done.
00:08:40.080 I know a lot of smart, intelligent, logical people
00:08:43.200 with four-year degrees who mastered calculus,
00:08:46.500 pre-calculus, who have this down,
00:08:48.960 but they have problems with this next part.
00:08:50.340 And by the way, this is 20% of the work.
00:08:53.940 This is 80%.
00:08:55.440 Let's get on to the emotion side.
00:08:56.680 So here's the emotion side.
00:08:58.180 On the emotion side, you have multiple different areas.
00:09:00.440 Let me start off with the first one here.
00:09:02.720 And this is by far the biggest challenge people have,
00:09:06.000 and that is belief.
00:09:07.480 In order for somebody to make this kind of money,
00:09:09.720 a million dollar your income,
00:09:10.880 you're not going to make it if you don't believe it.
00:09:12.660 So you say, well, Pat,
00:09:13.760 how do I get a chance to believe this?
00:09:15.620 I never, in my wildest dreams,
00:09:17.740 nobody in my family made this kind of money.
00:09:19.340 I've not been around people that make this kind of money.
00:09:21.200 How can I make this kind of money?
00:09:22.620 Here's the kicker.
00:09:23.960 You need to master the art of future truth.
00:09:27.200 Now, what is future truth?
00:09:29.180 A lot of people have a hard time with this.
00:09:31.100 Let me explain.
00:09:32.320 So imagine if you have a lot of doubt.
00:09:34.120 You don't believe in you, right?
00:09:35.220 You're like, oh, I don't know about this.
00:09:36.400 You know, this is great,
00:09:37.140 but me making a million dollar your income,
00:09:39.360 I don't know about that.
00:09:40.180 Yesterday, I had 60 people here in my office,
00:09:42.240 and I said, what is the big deal about making a million dollar your income?
00:09:45.320 You should have seen some people's faces.
00:09:46.500 Well, I don't really know if I'll ever make it,
00:09:48.200 but it's kind of cool to dream about having a big house,
00:09:51.060 and the cars, and the freedom,
00:09:52.240 and a few million in the bank account,
00:09:53.720 but I don't know if it's for me.
00:09:55.620 That's because they don't believe in it.
00:09:57.580 That's because they don't understand the concept of future truth.
00:10:00.380 Let me explain to you the future truth concept.
00:10:02.320 Some of you may have never heard of future truth before.
00:10:04.140 Here's what it is.
00:10:06.340 If you're going to lie about you,
00:10:10.320 you may as well tell a big lie to yourself over and over and over again.
00:10:16.060 Now, at first, it's very difficult.
00:10:18.060 Let me describe this to you before you get uncomfortable.
00:10:20.560 For instance,
00:10:21.600 I am going to make a million dollar your income.
00:10:24.700 Now, I want you to say it.
00:10:25.920 Say it to me real quick.
00:10:27.160 Stop.
00:10:27.820 Say it.
00:10:28.340 I'm going to give you a second.
00:10:29.400 Say it.
00:10:30.120 I am going to make a million dollar your income.
00:10:32.760 Say it again.
00:10:34.680 Perfect.
00:10:35.140 Let me ask you.
00:10:36.000 Was it uncomfortable?
00:10:37.660 Do you feel like you're lying to yourself?
00:10:39.460 Right?
00:10:40.240 Sometimes people say,
00:10:41.160 well, Pat, I can't count.
00:10:42.020 It was weird.
00:10:42.740 I feel like I'm lying to myself.
00:10:44.300 If you say,
00:10:45.000 I am amazing.
00:10:46.060 I'm meant to do something big with my life.
00:10:48.040 I'm the guy that's going to go out there and be the hero to my family.
00:10:50.820 That's difficult for some people
00:10:52.480 because they're lying.
00:10:53.620 But it's a current lie,
00:10:56.120 but it's not a future lie.
00:10:57.780 It's a future truth.
00:10:59.080 It is a current lie,
00:11:00.380 but it's a future truth.
00:11:01.580 You see,
00:11:01.900 the more you tell a big lie to yourself over and over and over and over and over again,
00:11:06.500 and eventually believe it,
00:11:07.640 future truth is you're going to make a million dollar your income.
00:11:10.200 This is a belief system that is very difficult for most people to do
00:11:14.160 because most people think every kind of lie is a bad lie.
00:11:18.260 No,
00:11:18.540 I'm not telling you to go lie to your wife about some things you're doing on the side
00:11:22.180 or lie to your husband about what you're doing on the side.
00:11:24.280 I'm telling you,
00:11:25.160 tell a good lie.
00:11:26.700 I'm going to make a difference in the world,
00:11:28.200 and you don't believe it,
00:11:29.040 but say it a million times.
00:11:30.460 You're going to end up believing it.
00:11:31.780 I'm meant to do something special in my life.
00:11:33.600 There's no way in the world God put me on this planet to just be a regular guy.
00:11:37.140 No way.
00:11:37.580 The blood in here is boiling.
00:11:39.260 I want to do something big with my life.
00:11:41.360 This guy was put on this planet to make a difference.
00:11:43.900 Say it over and over and over and over and over and over and over again.
00:11:48.200 And convince everybody in the world the entire time you're just trying to convince one person,
00:11:52.160 and that is you.
00:11:53.420 And that's the game of future truth.
00:11:55.080 And for some of you that are maybe making $4,000 a month for the last 20 years,
00:11:58.780 you really need to start lying to yourself.
00:12:00.760 You,
00:12:01.340 you,
00:12:01.880 I'm talking to you,
00:12:02.780 you really need to start this moment,
00:12:04.920 start telling a lie to yourself on how special of a human being you are.
00:12:08.760 Over,
00:12:09.180 and don't expect anybody else to do it.
00:12:10.960 For instance,
00:12:11.360 when you say,
00:12:12.220 honey,
00:12:12.500 I wish you would have told me more nicer things.
00:12:14.060 Mom,
00:12:14.280 how come you don't tell me nicer things?
00:12:15.560 Dad,
00:12:16.140 how come you don't tell me nicer things?
00:12:17.300 Don't wait on them.
00:12:18.620 Start with you.
00:12:19.360 Number two,
00:12:20.320 perspective.
00:12:21.080 Here's what I mean by perspective.
00:12:23.620 Sometimes you need to make the big small.
00:12:25.400 Did you notice how I started the video and what did I say?
00:12:27.600 I said,
00:12:28.680 according to last year's tax returns,
00:12:31.880 in America,
00:12:33.140 over half a million people made a million dollar income.
00:12:35.280 I said that.
00:12:36.220 Then what did I say?
00:12:38.040 Total amount of people that have climbed Mount Everest is how many?
00:12:41.060 4,000.
00:12:41.680 Listen,
00:12:42.300 that perspective to you made the big small.
00:12:46.020 You need to do that over,
00:12:47.880 and over,
00:12:48.680 and over,
00:12:49.520 and over,
00:12:50.300 and over,
00:12:51.080 and over,
00:12:51.800 and over again until like,
00:12:53.280 why am I thinking this is such a big deal to make a million dollar income?
00:12:57.180 It is not because you finally got perspective,
00:12:59.800 you put things in perspective,
00:13:01.660 and you're over,
00:13:02.320 and over,
00:13:02.560 and over,
00:13:02.780 and over again,
00:13:03.560 making a big small,
00:13:04.300 making a big small,
00:13:04.900 making a big small,
00:13:05.480 making a big small,
00:13:06.040 making a big small,
00:13:06.620 until eventually you're like,
00:13:07.220 oh,
00:13:07.300 this is not a big deal.
00:13:07.940 We're going to do this as well.
00:13:08.740 Number three.
00:13:09.540 Number three.
00:13:11.100 Question everything.
00:13:13.500 Everything.
00:13:14.420 When your mom and dad say something,
00:13:16.380 and it doesn't make any sense,
00:13:17.840 like,
00:13:18.120 you know,
00:13:18.460 it's hard to,
00:13:19.200 not everybody's going to make millions.
00:13:20.480 Honey,
00:13:20.720 it's not us to make millions.
00:13:22.380 Don't say,
00:13:23.100 don't sit there and let them say it.
00:13:24.660 Stop them.
00:13:25.340 Listen,
00:13:25.720 mom,
00:13:25.920 I don't believe you.
00:13:27.340 Dad,
00:13:27.600 I don't want to believe you.
00:13:28.920 Bro,
00:13:29.140 I don't want to believe you.
00:13:30.020 Dude,
00:13:30.280 I'm not with you.
00:13:31.300 I don't want to buy into that concept.
00:13:33.220 Say it to them.
00:13:34.520 Question them.
00:13:35.640 Challenge them.
00:13:36.620 Don't let them get away with it by saying it around.
00:13:38.680 Because if you sit there and you don't question that thing,
00:13:41.360 that means you bought into it.
00:13:42.540 That means you believed it.
00:13:43.800 You've got to question the stuff you tell yourself.
00:13:45.820 Stop yourself.
00:13:46.500 Wait a minute.
00:13:47.000 Is that even true?
00:13:47.740 I don't believe you.
00:13:48.780 You to yourself,
00:13:49.400 I don't believe what you're saying,
00:13:50.200 bro.
00:13:50.280 I don't want to believe you.
00:13:51.520 I'm not buying what you just said right now.
00:13:53.020 Question every single thing.
00:13:54.280 Why do I believe this way?
00:13:55.580 Why do I think this way?
00:13:56.860 Why am I wired this way?
00:13:58.140 Is that thinking even right?
00:13:59.500 Why do I even do this?
00:14:00.380 We had a meeting last week with my staff.
00:14:02.080 This is a different meeting than yesterday.
00:14:03.580 Yesterday's was sales.
00:14:04.920 Last week's was staff.
00:14:06.700 And one of our employees,
00:14:07.740 they were required,
00:14:08.360 every one of them was required to read the book Principle.
00:14:10.680 And if they didn't read it,
00:14:11.820 some of them were going to get fired.
00:14:12.960 And, you know, we had the meeting.
00:14:15.160 And I know some people,
00:14:15.980 this is harsh.
00:14:16.860 Look, there's a few things with me.
00:14:18.280 I may look like a guy on video you like
00:14:19.980 and all this other stuff.
00:14:20.740 Working with me on a daily basis,
00:14:21.980 the expectation and standard is here.
00:14:23.340 I expect you to perform.
00:14:24.720 That's the reason we create an incredible environment
00:14:26.760 where people love being around.
00:14:27.860 But the expectation of performance is very, very high.
00:14:31.620 And the pressure is very high to perform, work, and improve.
00:14:34.040 If you're the same person every three to six months,
00:14:35.880 you don't need to be in this company.
00:14:37.120 You need to go to a different place.
00:14:38.720 So I was speaking about this.
00:14:41.420 And one lady said,
00:14:42.480 well, you know, in this book,
00:14:44.200 what I took away from this book
00:14:45.560 was the fact that I think sometimes in companies,
00:14:48.460 the executives need to understand
00:14:49.840 that everybody's different.
00:14:51.300 And not everybody, you know,
00:14:52.880 does this and does that.
00:14:53.940 I said, ma'am, stop.
00:14:55.080 I said, did you even read the book?
00:14:56.940 No, I didn't read the book.
00:14:58.120 I said, why is it that the first thing
00:14:59.780 you got out of the book
00:15:00.680 is how you can fix everybody around you
00:15:03.300 instead of how you can fix you?
00:15:05.700 You see, the only way your income's gonna grow
00:15:07.820 is by focusing all the things
00:15:09.880 that you gotta do on you to improve.
00:15:11.700 If you fix you,
00:15:13.060 everybody else around you's gonna be fine.
00:15:15.140 But you gotta fix you.
00:15:16.540 And I asked the following question.
00:15:17.960 I said, here's a question for you.
00:15:19.500 I said, what's the most money
00:15:20.600 you've ever made in a year?
00:15:21.520 Don't say it publicly.
00:15:22.540 Just think about that number.
00:15:23.520 What is the most money you've ever made in a year?
00:15:25.920 Then I said, go back 10 years ago.
00:15:27.680 How much has that income changed and why?
00:15:31.500 Why?
00:15:32.500 Why has that income not changed that much?
00:15:34.640 If 10 years ago you were making 16 bucks an hour,
00:15:37.180 10 years later you're making 16 bucks an hour,
00:15:38.800 why is that?
00:15:39.940 Why is your market, you know,
00:15:41.580 value in the marketplace the same thing?
00:15:43.500 Is it everybody's fault?
00:15:45.180 Is it the government's fault?
00:15:46.340 Is it your boss's fault?
00:15:47.300 Your parents' fault?
00:15:48.020 Your kids' fault?
00:15:48.640 Your spouse's fault?
00:15:49.480 Or your fault?
00:15:51.220 Everything here comes back to you.
00:15:53.520 And it's so hard to do,
00:15:55.980 but you've got to face the truth.
00:15:57.100 You ain't got to make a million dollars of your income
00:15:58.180 if you don't face the truth
00:15:58.940 and realize the issue's right here.
00:16:00.680 And the last item to cover over here,
00:16:02.160 to my left, to your right,
00:16:03.420 is guaranteed formula for success.
00:16:05.080 If you notice,
00:16:06.120 it's got a little bit of green in it
00:16:07.680 and it's got a little bit of red in it
00:16:09.080 because it's a combination of emotion and logic.
00:16:11.960 It's the four things I always talk about.
00:16:14.100 My guaranteed formula for success,
00:16:15.800 that is 100% proven for my life
00:16:18.180 and other people I've taught.
00:16:19.780 Outwork, outimprove, outlast,
00:16:21.420 and outstrategize.
00:16:22.540 Again, outwork, outimprove, outlast, outstrategize.
00:16:26.280 What you're looking on the screen here,
00:16:28.200 on the screen,
00:16:28.880 look at those four again.
00:16:29.840 What you're looking on on the screen here,
00:16:31.860 which of those four things that you're looking at,
00:16:33.720 the outwork, outimprove, outlast, outstrategize,
00:16:36.660 which of those four things do you think comes last?
00:16:39.740 Meaning, you'll learn the latest.
00:16:42.840 It's outstrategize.
00:16:44.480 Why?
00:16:45.040 Because that requires a lot of experience.
00:16:47.240 It's like you've got to go through,
00:16:48.320 like a general in a war, right?
00:16:49.460 You've got to go through so many different wars
00:16:51.020 to learn different strategies
00:16:53.000 and what works and what tactics work
00:16:54.420 and what doesn't work.
00:16:55.260 That's something you've got to be working on, right?
00:16:57.380 However, the other three, outwork.
00:16:59.020 If a guy works 80 hours a week
00:17:00.660 and you work 40 hours a week,
00:17:02.380 you can't compete with that guy.
00:17:04.020 If you yourself are reading
00:17:06.380 two, three, four books a month
00:17:07.520 and you're developing your mind
00:17:08.660 and your competitor is not
00:17:09.920 and he only reads one or two
00:17:11.560 and you study in industry articles
00:17:13.420 and all this other stuff
00:17:14.060 and they're not,
00:17:15.080 you're studying how to recruit CEOs,
00:17:16.720 CEOs, CFOs, COOs, CMOs.
00:17:18.800 What is the best way
00:17:19.580 to stretch this million dollar investment
00:17:21.000 that I got to make this happen?
00:17:22.520 Who should I talk to
00:17:23.340 to be part of a group
00:17:24.480 for mentors and CEOs group
00:17:26.020 and all these?
00:17:26.700 Who should I network with?
00:17:27.840 What community should I be a part of?
00:17:29.260 Who's the best engineers?
00:17:30.320 IT firm to hire.
00:17:31.440 What are these competitors doing?
00:17:32.700 What are some of the guys
00:17:33.400 that are not even in my market?
00:17:34.540 If you start studying those industries,
00:17:36.020 somebody else isn't.
00:17:36.720 It's tough to compete with you.
00:17:37.920 And then outlast.
00:17:39.120 Some people work 80 hours a week
00:17:40.500 for a year
00:17:40.940 and that's great.
00:17:42.540 But they can't work 80 hours
00:17:43.780 a week for three years.
00:17:45.020 Some work 80 hours a week
00:17:46.100 for three years.
00:17:47.120 But you work 80 hours a week
00:17:48.240 for five years.
00:17:48.880 You outlasted the guy
00:17:50.080 that did three years
00:17:50.720 or one year.
00:17:51.260 They can't compete with you
00:17:52.540 because the compounding effort
00:17:53.900 favors you.
00:17:55.080 So these four things
00:17:56.500 that you look at on the screen
00:17:57.680 require one thing
00:17:59.160 and that's discipline.
00:18:00.500 And the discipline part
00:18:01.660 you don't hear a lot about.
00:18:02.880 That's the things people do
00:18:03.820 when nobody else sees.
00:18:05.300 That's when you win.
00:18:06.660 Again, there's a part of this
00:18:07.760 that's logical.
00:18:08.940 There's a part of this
00:18:09.740 that's emotional.
00:18:10.500 Let me get to the last part here
00:18:11.740 and wrap up the session here.
00:18:13.360 So you've got all these
00:18:14.180 different things.
00:18:15.740 Imagine this part here
00:18:16.820 with you and I talking.
00:18:17.720 Think about it this way.
00:18:18.840 What if you
00:18:19.640 at the end of this video
00:18:22.120 what if you
00:18:22.900 watching this
00:18:23.940 you said
00:18:24.600 it makes sense.
00:18:27.680 I'm going to apply
00:18:29.300 some of this stuff.
00:18:31.400 I'm going to sit down
00:18:32.340 and figure out my math.
00:18:33.700 I'm going to do it.
00:18:35.340 And I'm going to sit down
00:18:36.360 and question my beliefs.
00:18:37.860 I'm going to sit down
00:18:38.540 and talk about the future truth.
00:18:39.920 I'm going to find a big lie
00:18:41.020 and say it over and over
00:18:41.960 and over again.
00:18:42.460 By the way, I want you to
00:18:43.160 tweet me your big lie
00:18:44.340 on Twitter
00:18:45.200 at PatrickBedDavid.
00:18:46.820 Tweet me your big lie.
00:18:48.520 And my favorite lie
00:18:49.900 I'm going to retweet
00:18:50.620 a few of them.
00:18:51.500 You tweet me
00:18:52.260 your biggest lie
00:18:53.080 at PatrickBedDavid.
00:18:54.260 What is your big lie?
00:18:55.280 What is your future truth?
00:18:56.580 You start working
00:18:57.180 on your perspective
00:18:57.860 making a big small.
00:18:58.900 You start questioning
00:18:59.680 everything challenging
00:19:00.480 your thinking.
00:19:01.040 You face the truth.
00:19:02.000 You make a game plan
00:19:02.860 to outwork, outimprove,
00:19:04.080 outlast, outstrategize.
00:19:05.360 You start making
00:19:05.940 a million dollar your income.
00:19:07.160 And you become
00:19:07.620 one of those 500,000 people
00:19:08.820 in America
00:19:09.140 that make a million dollar
00:19:09.840 your income.
00:19:10.220 You may be in another
00:19:10.780 different country
00:19:11.380 and you make a million dollar
00:19:12.140 your income
00:19:12.480 because principles
00:19:13.220 are evergreen
00:19:14.480 in all the countries
00:19:15.200 outside of communism
00:19:16.140 and socialism.
00:19:17.340 What if you apply
00:19:18.000 those concepts
00:19:18.680 and you started improving?
00:19:20.860 What if you did that?
00:19:22.460 What would happen to you?
00:19:23.680 What happens if you
00:19:24.360 make a million dollar
00:19:25.000 your income?
00:19:25.900 Are you better
00:19:26.320 for your family?
00:19:27.260 Are you better
00:19:27.620 for your community?
00:19:28.700 Are you better
00:19:29.100 for your parents?
00:19:29.820 Your friends?
00:19:30.300 Your kids?
00:19:31.260 Are you better
00:19:31.680 for society?
00:19:32.740 Are you better
00:19:33.340 for your friends?
00:19:34.800 Are you better
00:19:35.260 for everybody?
00:19:36.180 More importantly,
00:19:37.340 are you better
00:19:37.820 for you?
00:19:38.440 Do you have
00:19:38.680 better doctors for you?
00:19:39.860 Do you live
00:19:40.160 in a better community?
00:19:41.440 Do you give
00:19:41.800 more money to charity?
00:19:42.760 Do you give
00:19:43.000 more money to communities?
00:19:44.620 Do you feel
00:19:45.380 better about yourself?
00:19:46.320 Do you wake up
00:19:46.820 in the morning
00:19:47.220 and once you figure
00:19:48.400 out this entire formula,
00:19:49.800 do you really think
00:19:50.660 you can go back
00:19:51.380 to being a regular person
00:19:52.420 like you used to be?
00:19:53.200 Do you really think
00:19:54.160 you can go back
00:19:54.720 and take up
00:19:55.140 some of your bad habits
00:19:56.120 if you make this thing
00:19:57.280 a consistent thing?
00:19:58.120 Now, it's easy to go back
00:19:59.080 and be in bed,
00:19:59.940 but don't you think
00:20:00.640 you're going to start
00:20:01.160 living a whole different life?
00:20:02.580 Is it not worth it
00:20:03.620 to make a decision
00:20:04.340 to do this?
00:20:04.920 You see, the reality is
00:20:06.760 of everybody watching this,
00:20:08.520 maybe 1% of you
00:20:10.500 is actually going
00:20:11.380 to apply the things
00:20:12.040 we talk, maybe 1%
00:20:13.300 of everybody watching
00:20:14.600 is going to apply
00:20:15.160 to the stuff
00:20:15.480 that we're talking about.
00:20:16.580 Most people are just
00:20:17.400 going to go, boom, boom,
00:20:18.920 they skipped,
00:20:19.820 you went back to work
00:20:20.640 or you went back
00:20:21.120 to a whole different thing
00:20:21.840 and you'll say,
00:20:22.980 I'm going to get back
00:20:23.540 to this later on today
00:20:24.200 and put a reminder
00:20:24.800 and you forget about
00:20:25.760 like everybody else does.
00:20:27.300 A few of you are going
00:20:28.240 to say, stop everything,
00:20:29.380 I'm taking a break,
00:20:30.060 hey, I need a break,
00:20:30.760 20 minute break,
00:20:31.360 30 minute break.
00:20:32.540 Go grab it
00:20:33.200 because your emotions
00:20:33.860 are going to start writing,
00:20:34.720 start asking.
00:20:35.780 Write this whole formula.
00:20:36.540 We're going to start
00:20:36.880 writing all this stuff.
00:20:38.180 If that's you,
00:20:39.300 I've got two other videos
00:20:40.220 for you to watch.
00:20:40.940 One, 11 Skills of a Millionaire,
00:20:43.200 11 Skills Millionaire's Master,
00:20:44.540 you've got to watch this one.
00:20:46.080 And another one is
00:20:47.040 How to Really Become a Millionaire,
00:20:49.060 not How to Make a Million Dollar
00:20:50.160 and How to Really Become a Millionaire.
00:20:51.900 You need to watch
00:20:52.500 How to Really Become a Millionaire
00:20:53.640 and you need to watch
00:20:54.580 11 Skills Every Millionaire Masters.
00:20:56.660 You do those things
00:20:57.960 and start applying these concepts
00:20:59.820 2, 3, 6, 12 months from now,
00:21:02.580 not only are you not
00:21:04.040 going to recognize yourself,
00:21:05.260 none of your friends and family
00:21:06.200 is going to start recognizing yourself
00:21:07.420 and all of a sudden
00:21:08.480 you're going to send me a message
00:21:09.280 on Facebook, Instagram, Twitter
00:21:10.660 saying,
00:21:10.960 Pat, I just crossed
00:21:11.540 a million dollar income.
00:21:12.400 I want to ask you,
00:21:12.920 how's it feel?
00:21:14.060 How's it feel?
00:21:15.580 Was it as hard
00:21:16.300 as you thought it was going to be?
00:21:17.400 It was hard,
00:21:18.380 but not as hard
00:21:19.120 as I thought it was going to be
00:21:20.100 and I'm making
00:21:20.640 a million dollar income.
00:21:21.800 And by the way,
00:21:22.540 I can't wait for you to do it.
00:21:24.480 You, I'm talking to you,
00:21:25.900 the serious one.
00:21:26.960 You, I can't wait for you to do it.
00:21:28.320 I can't wait for your dreams
00:21:30.200 to become a reality.
00:21:32.720 I can't wait for it.
00:21:33.980 I cannot wait for you
00:21:34.800 to experience this
00:21:35.500 and tell me about it
00:21:36.260 a year, two years,
00:21:37.240 three years, five years from now.
00:21:38.460 Thanks everybody for listening
00:21:39.660 and by the way,
00:21:40.220 if you haven't already subscribed
00:21:41.300 to Valuetainment on iTunes,
00:21:43.160 please do so.
00:21:44.400 Give us a five star.
00:21:45.820 Write a review
00:21:46.360 if you haven't already
00:21:47.140 and if you have any questions
00:21:48.280 for me that you may have,
00:21:49.480 you can always find me
00:21:50.400 on Snapchat,
00:21:51.380 Instagram,
00:21:52.120 Facebook,
00:21:52.660 or YouTube.
00:21:53.340 Just search my name,
00:21:54.220 Patrick David,
00:21:54.860 and I actually do respond back
00:21:57.200 when you snap me
00:21:58.060 or send me a message
00:21:59.200 on Instagram.
00:22:00.220 With that being said,
00:22:00.920 have a great day today.
00:22:01.960 Take care everybody.
00:22:02.680 Bye bye.