17 Money Secrets To Make Your First $1,000,000

ladies and gentlemen you're going to want to listen very very closely to today's video because in today's video I'm going to show you the 17 money secrets to make your first million these are the money Secrets I use to make my first hundred thousand dollars my first million dollars my first 10 million dollars and then tens of millions since then this is not going to be your hey save money on Starbucks or your hey invest in a 401k and eventually you'll make this is for the people that are serious about making their first million and

not only that but turning 1 million into many millions more not only for yourself but for your future family so on that note grab a pen and paper and let's get into it so the first secret is that money is a never-ending game and you should treat it as such I understand your position you're looking at a million dollars and you're thinking wow If I Had a Million Dollars my life would totally change and yes of course your life will get better but just understand when you reach your first million what do you think you're

gonna stop the game you're going to be happy You're Gonna Keep playing the game you're gonna keep going and the only way to stay sane is understand the money is a never-ending game the only people that get depressed or think that money will ruin your life are the people to think that money is a destination some sort of figure is some sort of number is the end of your life it's it's you've accomplished it and you're done as long as you wake up and you play this game understanding that you will be just as unhappy

when you have ten thousand dollars in your bank account as you will when you have 10 million dollars that means not happy with your financial situation that doesn't mean you won't be proud you can be very proud with your financial situation but doesn't mean that you'll ever be content or you'll be happy because this is a never-ending game so treat it as such the next money secret is learn when to say I don't have the appetite for that right now one of the reasons I did so well in my career is I understand that my

main businesses now which are software companies I understood that these were very difficult businesses they were very hard businesses and they required a lot of money to start which is why five years ago when I had the opportunity to get involved in them I simply said I don't have the appetite for that right now and there's even Industries and businesses and Ventures that can make me hundreds of millions of dollars and I say I'm sorry I don't have the appetite for that right now and the appetite for it may mean either the hunger or sacrificing

a certain life so you need to understand when to pick the right vehicle and when to pick the right opportunity for your career stage it's kind of like you're doing bench press you start off with one plate until you can work your way up to two plates three plates Etc one of the worst things that you can do is commit to a business idea to venture to an Endeavor and say that you're going to give a draw or say that you're going to push when you know that either you don't have the ability or you

simply just don't have the commitment and the hunger and by the way that is totally fine it's fine to understand that there are certain opportunities that you simply don't have the appetite for right now and that doesn't mean that you'll never have the appetite for it the next money secret is that it's never possible until you see it and either you see it online or even more powerful you see it in person this is why I've said for years and years and years publicly on YouTube rather than going to Starbucks and spending six dollars or

whatever it is on a coffee go to a fancy hotel lobby go to a nice restaurant and spend ten dollars on a coffee because listen even at the fanciest place on Earth what you spend maybe what 15 on a coffee okay great maybe you've spent nine dollars more than you normally would on a coffee but you can sit there for 45 minutes sipping on your coffee looking around and when you realize there are certain people with 250 000 on their wrist when you look at truly wealthy people and you realize hey most of the times

they don't really wear brands most of the times they are very under the radar when you look at wealthy people and you see the way that they move and the way that they act you first of all start to observe it but you also start to realize if your reality is I can't imagine making more than fifty thousand dollars a year and someone is literally sitting down with a hundred and fifty thousand dollars on their wrist or whatever the number may be it totally changes and it shifts your reality this is also why if you

can just walk around affluent areas whatever the nice air area of your city is go there walk around see all the money see all of the wealth and it will start to sink into your subconscious that it is possible now the next money secret is aim to make money fast but build wealth slowly so listen there's no such thing as get rich quick but there is such a thing as get rich quicker there's certain vehicles in life where you can get compensated far more for your time that you put in for the talent and the

skill that you develop in that vertical than you would if you spent a thousand hours working in a different industry so listen never rush the process but of course try to make money as fast as possible try to become rich as quick as you can but rich and wealthy are two very different things so aim to build your wealth slowly because true wealth is only Built through years and years and Decades of wisdom of learning the right money lessons again and again and again so aim to become rich quick but aim to become wealthy slowly

because that's the only way that you will keep it number five is ignore money any advice from the financially illiterate I truly believe that in this world it is a matter of the financially literate and the financially illiterate and it doesn't matter what background what color race religion whatever it is it doesn't matter where you come from it's simply a matter of financially illiterate and financially illiterate you know my mother bless her I love her to death single mother from Russia gave up her entire life for me it's funny she was a high school dropout

I'm a high school dropout but the only difference between us is I made sure that I was gonna learn from a young age the language of money what money is where it comes from how it works so there are people in your life that have the best intentions for you they love you they care for you but you have to ignore their advice so that way you can take care of not only you but in future take care of them number six money is energy and energy can never stay stagnant I see this law where

people make money and they are so afraid to spend that money they're so afraid to circulate that money back into the economy they're so afraid to release that energy and they're living in such scarcity mindset that they just end up losing it all somehow or they may not lose it but more money never flows them money is energy it's inflow and its outflow and that doesn't mean that everything that comes in must go out no in fact especially in your 20s you should be saving and investing majority of the money that you make but never

hoard that money because if you do the money becomes stagnant and you have cut off the flow of energy number seven is you need to build your peace of mind part this is a fund that gives you true peace of mind this needs to be a safety net where you know that no matter what happens no matter how ambitious how big a risk you may even take that you always have something to fall back on I do not believe that money buys happiness but I believe that money can if you do it right buy you

peace of mind and bear in mind that doesn't mean making a lot of money because the person who makes 200 000 a year and only spends forty thousand dollars and has a very big Peace of Mind part that person has far more peace in their life than the person who makes 20 million dollars a year and manages to spend 19 million dollars because they're running on such thin margins and they're playing such a dangerous game so from day one if you can build your peace of mind pot then that's great and bear in mind in

my opinion the older day you get and the larger that peace of mind pot gets the more income that comes in the higher the percentage that you can spend so I'm not saying for the rest of your life you need to put away you know eighty percent of everything that you make I'm just saying at the beginning really build that peace of mind part so that way you're not going into your career stressed but instead can focus because you understand that you're good and then later down the line once that part's big enough then go

spend and never let anyone tell you that something is too expensive if you have your finances in order if you're always putting good money away if you want to spend a hundred thousand dollars on some stupid thing that no one else gets but it makes sense for you financially go spend it I really don't agree and don't like all these people that make just make all this money and hoard it and keep it and don't do anything with it at certain point you need to enjoy your life and if you don't want to enjoy your

life go spend it on on your loved ones on the ones that you care about let them enjoy The Spoils of your work but as I said always keep your peace of mind pop the next one is money is an identity and it truly is I'm telling you right now you could work extremely hard but if you have the identity of a poor person it will always chain you in life you do not get what you deserve you get what you think you deserve because what you think you deserve dictates your actions and your actions

dictate what you actually get in life you know it's very unfortunate you see a lot of people in abusive relationships and the reason they stay in those relationships is because they have some part of their identity that thinks they deserve it because the crazy thing is after they get out of one abusive relationship they find their way into another so it is ingrained as a part of their identity so you can have something that is as heartbreaking and unfortunate as that but also from the extreme side of things all the way to the person that

just has an identity that they are not someone who is worthy or deserving of money this is why I always tell people go buy that 12 coffee at the hotel go into these affluent areas and just understand that these are normal people they move differently they talk differently they carry themselves differently but at the end of the day these are just normal people now the next one is their reputation can never be rebought so act accordingly in life you need to understand that you will always have the opportunity to make more money but your reputation

is almost impossible to claw back so the next time you think about over some business partner or cutting someone out of a deal when you made a promise or in general just making money from Dirty means understand that your reputation will live with you for the rest of time your reputation carries on because just like Chinese Whispers people will talk and talk and it will continue to permeate so when you understand that your reputation is probably one of the most fragile things on earth never ever put it at risk because it's very hard to re-buy

now the next one and this is something very important that very few people do is ask the hard questions before you get into a working relationship with someone to me it's bizarre to see that people get into business Partnerships without asking the difficult questions of hey what happens if we have a disagreement what happens if we have a Fallout equally it's very interesting to me that people hire someone full time to represent them their company their brand and they don't ask questions about someone's personal life someone's personal life is a very big Testament to what

they are like in a working professional setting I can guarantee that if you go look at someone's car and it's full of trash and it's messy that probably that reflects their quality of work and what they are like in the workplace so just understand that it is much better to ask the awkward uncomfortable personal questions ahead of time and get it out of the way because then you truly understand who you are going into business with and who you are working with and you always want to think worst case scenario going into a working relationship

with someone understanding that very likely it won't happen but at least you've explored that scenario together now number 11 is that one men's opportunity is another man's downfall there is a certain business opportunity that will probably make you a billionaire but will probably wreck my career and vice versa so just understand that not all opportunities are created equal you need to assess an opportunity based on where you are in your career what you're like as a person you know your strengths your weaknesses as well as your risk tolerance how averse you are to risk and

not only risk but stress I'm the sort of person that can deal with immense amounts of stress and I just have this ability to take on stress and responsibility because from a young age I had to take care of me and my mom whereas for another person they may crumble that doesn't mean that they're a bad entrepreneur or a bad business person or whatever it is it just means that they're different so my opportunity could be their downfall so really just understand that concept when assessing what the next step is for you the next one

is that money flows where attention goes so this is why it's very important that you audit where are you actually putting your attention because wherever you're putting your attention if you're putting in bad things for example like video games I know that everyone wants to debate me on this but if you want to make your first million if you are hungry why on Earth do you own a gaming console because number one you might be roped into buying some extra I don't know whatever like what are they skins some extra skin or gun attachment or

some extra Plug-In or limited edition bonus or whatever the video games sell so not only are spending more of your hard-earned money on that game you're also preventing yourself from actually going out and increasing your earning potential and getting closer to making that first million so be very careful what you have in your environment because as I said money flows where attention goes the next one and this is very important if you are thinking about buying something is if you damaged it or lost it would it sting would it ruin your week or your you

know a couple weeks or months because here I think let's say you bought something nice and it broke or got damaged if that kind of affects you for an hour or maybe let's say even a few hours but if that would ruin your whole day your whole week you know even if few weeks it's simply not worth it and you are not at a stage in life where you can afford it you can never get to a stage where the things you own end up owning you number 14 is that constraints are your friend especially

when you're first starting your career or your business if you have reasons to be resourceful and think outside the box they are actually your best friend constraints actually allow you to think outside of the box and it usually gives you a competitive advantage over the rest of your peers number 15 is you need to understand that the Velocity in which money comes in should Quicken getting your first 100K in the bank is hard getting your first million in the bank is still very hard but not as tough as the first hundred to go from 1

million to 10 million in the bank sometimes takes more time but is a lot easier and then honestly to go from 10 to 100 million in the bank it is substantially easier but once again the only Factor that's different is it just takes a little bit more time so just understand that the velocity you know how quickly your income goes up should Quicken over time time so usually it's a slow steady start but then as you build up your skills as you build up your wisdom it actually gets quicker and also easier the next one

is that moving money is in moving money out is difficult buying the car is simply a matter of sending a wire selling the car can be a very difficult painstaking process the same applies to the house the same applies to you know even just certain investment vehicles and Investment Services these things are very easy to get money in but getting money out they can be different terms Clauses etc etc so the next time that you look to put money somewhere or you look to invest in something just ask yourself how difficult will it be for

me to get my money out of this and number 17 is broaden your timeline I kind of started off at the beginning of this video by saying that listen get rich quick you know or try to get rich as quick as you can but still broaden the timeline the idea that you're going to go from you know zero to a million actually million in the bank which for me truly means that you know you're a millionaire you know the idea that you're going to do in a few months or you're even though you're going to

do it in a year is just unrealistic give yourself three years four years five years you know what maybe it even takes you 10 years but as I said the beauty of it is every year it gets easier you get wiser you get smarter and the Velocity in which money comes to you should increase over time once you've acquired the ability and the skills to make money it just gets so much easier after that point but remember broaden your timeline be patient all good things take time so ladies and gentlemen those are the 17 money

Secrets I have learned in my career over multiple different Industries my recommendation is that you save this and re-watch this a few times because every time you watch this I guarantee there's one concept that a light bulb will go off again and you will really start to internalize the lesson I hope that was useful to you and as always I'm watching you from afar and I'm rooting for you