5 Minute Millionaire Math (no calculator needed)

Source: Wealth Hacker-Jeff Rose.4918 views   221 likes   10 dislikes  

Channel: Wealth Hacker – Jeff Rose  

I was so small as a kid I never imagined I would be able to lift a lot of weight.

After my deployment I got really into crossfire and had a crazy goal of deadlifting 500 pounds. 🏋️‍♂️

When I got back from Iraq I hit a personal record and lifted 515 pounds.

The reason I didn’t believe I could do it is the same reason you don’t think you can become a millionaire.

We are going to debunk that right now. 🙅‍♂️

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I am going to show you how you can change your mindset in 5 minutes.

It won’t happen overnight, you have to put in the work.

Let’s start with simple math. Say you want to make 10k extra, on the side. If you start a side hustle or a part-time job and you make $25/hr and do that 10 hours a week – in 10 months you will have made $10,000. 💵

If you want to make 1 million in 1 year – you are going to have to make $83,333 per month or $20,830 per week.

That is awesome, but what are the odds of you finding a side gig where you can make that kind of money in a year?

Let’s look at a profit ladder as another option. You create a low cost product or service and start selling that as an initial offer. This helps you to get yourself out there and grow a following. From there you create higher cost products/services.

The best thing about the profit ladder is that you can keep going higher and higher on the price of your products/services. 💰

You have to give value and you have to build trust and confidence with that low cost offer.

Here is a quick exercise that I want you to do right now:

What is your hourly rate? Based on how much you are making right now, how long will it take you to make $1 Million.

Share with us in the comments so I can show you how you can make a whole lot more.

#millionairemath #make1million

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✅ He quit his teaching job to make $1 Million (in under 4 years)

🎦 https://youtu.be/Ej3xd9ssVCw

✅ How to Make Over $30,000 Per Month With Facebook Ads

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Podcast:

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Video length: 12:14
Category: Education
49 comments

* Wealth Hacker – Jeff Rose

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