Name: 4 Reasons Why You’ll Never Be A Millionaire And How You Can Change That
Uploaded: 2020-03-23T22:31:14.000Z
Duration: 11 min 44 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Modal verbs - A2

four reasons why you'll never be a millionaire and how you can change that.

To-infinitive

Do you know they're over 18.4 million millionaires in United States alone?

Now, given those numbers, what do you think?

Your arts are right To join the ranks off millionaires in order to be a millionaire.

When you define exactly what is the definition off a millionaire?

In this case, we're gonna define a millionaire is someone who has a net worth off a $1,000,000.

Now, if you know anything about Net worthy, means how much you owe money is how much Oh, now all these millionaires, they didn't just wake up one day and say, Oh, great, now I'm a millionaire.

Know every single one of them unless they got it from the family.

They invest for the long term is not accidental.

Instead, it's much more intentional and strategic.

Now, what is very shocking about this is this.

No, only they are millionaires, but on average, it takes these millionaires 28 years to get that $1,000,000 net worth mark.

Most of them reached that millionaire status at the age of 49.

Less than 5% of them get there in 10 years or less.

I am one of that 5% I got there in 10 years or less.

Hit millionaire status in my late twenties.

So I know a thing or two about how money works.

So let's talk about what are the four reasons why you or how most people would never be a millionaire.

You were never taught how money works in school.

Remember when you're going through a school?

Those classes Money 101 investing 101 wealth building one a one.

Were never taught how money works in school.

So they never taught you how money works.

The professor at school don't know how many worse, right?

The teacher that you had don't know how money works that people around you, your friends, your relatives, they don't know how money works, so dare fall growing up.

You never learn how money actually works.

What's ironic is this We spend our entire lives earning money.

But really is so that we could have a career.

We could get a job so that we could do what?

Why don't go to work every day to earn money.

So it's very fascinating that we spend our whole lives doing something right on the earned money, yet we never learn anything about it.

We don't know how to save money, because looking a fact that most people are in debt, we don't know how to manage money and forget about how they even multiply money and invest money.

This is why because off the conditioning in our society, because we were never taught how money works.

This is why most people don't become millionaires.

But what if you make money like a subject there?

What if you study money like your life depends on it?

Because you're gonna spend your whole life earning it anyway, doesn't it?

make sense to study how money actually works.

Number two, You don't have a high income skill.

So our whole lives when you were young, your parents told you, go to school, get good grades, get a knife safe, secure job.

You were never taught to develop a high income skill.

It's skill set is very different from a job.

It's something that you offer to the marketplace in exchange of money, and I define high income.

Skill is a skill that could earn you $10,000 or more per month.

That means $120,000 a year basically a six figure income.

And I've created a lot of videos on my YouTube channel that you could watch on high income skills you easily, tightly in high income skills, Dan locking and find a lot of eaters on that subject, so I'm not gonna go into it.

But the reason why most people don't become millionaires, it's because they don't have high income skills.

They don't even understand the concept off high income skills.

Unless you are offending my channel, you've been studying my work.

Then you know the importance of it so that the skill set is what is gonna give you the peace of mind.

Excuse It is what's gonna give you the financial confidence you see when you have the skill set you're not, depending on a company or or a corporation or whatever to pay you whatever you're worth, how much money you make.

It's on Lee, determined by how much value you could deliver to the marketplace with your skill set when he means is there's no ceiling to your income.

You could earn as much money as you want as long as you are willing to work on your skill sets.

And as long as you bring more value to the marketplace, is this making sense?

And that is you have a negative relationship with money.

You see, when I was growing up, I heard a lot of negativity is when it comes to money.

Maybe he feel the same way What are some of things that you heard growing up?

When it comes to money, money is the root of all evil, right?

You know what happens when my mom would tell me that?

They're kids starving in China, it's always coming from a place off scarcity that rich people are bad on media.

You see that again and again and again, right?

Rich people are greedy that they hurt people, right?

They are selfish, even a term filthy, stinking rich.

But you don't hear filthy, stinking poor.

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4 Reasons Why You’ll Never Be A Millionaire And How You Can Change That

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