On Property Podcast

Can I Go From $100,000/year to $1 million/year? A Rant

09.14.2020 - By Ryan McLeanPlay

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https://www.youtube.com/watch?v=EDHgEPd2mE0

What does it take to be a millionaire or make $1 million per year? What do I need to change in order to get there?

Today I had a mental breakthrough where I realised that I didn't actually believe being rich was possible for me.

0:00 - Introduction0:40 - What happened today2:55 - My incorrect beliefs about making $1 million4:09 - Hard work vs solving hard problems7:15 - I haven't even thought it was possible10:40 - Value vs effort14:35 - I need to start outsourcing17:55 - Time to step up as a human24:40 - It'll suck in the beginning trying to learn to hire people28:00 - Nothing has changed in my day to day, but my mindset has changed29:05 - $1 million won't make me happy31:38 - I'm not perfect

Shark Tank How He Made His First $1 Million

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Transcription:

what does it take to be a millionaire to make a million dollars per year and how do you get there what what do i need to change in order for me to get there and i wanted to sit down and record this quick video not really sure if i'm going to publish it or if it'd just be for me but i definitely have in my mind at the moment that i could make a decent income through my business you're talking low to mid six figures so like three to five hundred thousand dollar range i feel like within the next few years that is possible in my business with the strategy that i'm implementing and that is extremely good money don't get me wrong but i went out with my partner crystal today and we went for a walk along like the bay down here and we were just sitting on the beach getting some sun out the front of these houses and these houses are just absolutely amazing right on the bay right on the water just done up really well really beautiful it would just look like amazing places to live with such a beautiful view like who wouldn't want to have a coffee in the morning looking out at that and i just had this kind of moment sitting there where i was like how i think i i think i even said it to crystal i was like how does one earn enough money to even afford a house like this like these houses would be worth multiple millions of dollars three five million plus probably it's like how does someone earn enough money to afford a place like this it just kind of feels out of reach it just kind of seems like ridiculous money and then i just like even just saying that i had this realization that my own mindset i feel like that low to mid six figure is definitely achievable i've achieved low six figures in the hundred thousand dollar range multiple times in my life through being an employee and through running a business so i know that that's achievable and actually achieving that feels quite easy to me and i know that's kind of hard to say and hard to publish i don't want to gloat about that or anything like that because i know there's people out there who struggle to make money but for me creating a business that makes that level of income makes sense it's part of my skill set it's something that i can do there's obviously no guarantee that the business will succeed but it's like okay with with a fairly good confidence rating i could start a business that would achieve this within a certain period of time but it's interesting because like that's achievable for me and that seems easy but making a million dollars a year seems ridiculous like how was how would one even do that and i've got in my mind that in order to make a million dollars a year you have to have this completely unbalanced life so for me i am a cruisy person i like balance in my life i'm happy to work hard um but i don't like it cons...

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