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Optimal Finance Daily - Financial Independence and Money Advice

421: How to Make a Million Dollars (With Advice from Actual Millionaires) - Part 1 by Ramit Sethi of I Will Teach You to be Rich

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 9 October 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

Ramit Sethi of I Will Teach You To Be Rich shares advice from actual millionaires on how to make a million dollars. This is Part 1 of 4. Episode 421: How to Make a Million Dollars (With Advice from Actual Millionaires) - Part 1 by Ramit Sethi of I Will Teach You to be Rich. Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness, and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article, and been pictured next to Warren Buffett in Forbes Magazine, as well as been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC, and more. He also has tons of documented success stories—more than 20,000. The original post is located here: https://www.iwillteachyoutoberich.com/blog/how-to-make-a-million-dollars Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.3

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Lenovo.com slash yoga. Limited time only terms and conditions apply.

0:23.9

Engineered to do it all. That's a laptop evolved with Intel Evo Platform.

0:27.8

This is optimal Finance Daily episode 421 how to make a million dollars with advice from actual millionaires part one by remit sati of i will teach you to be rich dot com and i am d d d here on the show and things are going to be a

0:44.7

little bit different this week because Monday through Thursday is featuring

0:48.8

just one post it's a valuable one and we wanted you to definitely hear it, but it's about four times longer than a typical article that I read here, so we're going to break this one into four different parts.

0:59.0

So let's get right to it as we optimize your life.

1:10.0

How to make a million dollars with advice from actual millionaires. Part 1 by Ramat Sadie of I Will Teach You to Be Rich.com

1:15.0

Do you want to learn how to make a million dollars?

1:18.0

Of course you do. It's practically part and parcel of the American dream,

1:21.0

right behind buying a house with a white picket fence and eating hot wings with Guy Fieri.

1:25.7

Luckily for you, making a million dollars is incredibly easy as long as you do one simple trick.

1:31.8

Just kidding. It actually takes a lot of time, energy and sweat equity

1:35.4

in order to make a million dollars. You could always try things many other people have tried

1:39.7

before like buying lottery tickets, though your chances of winning are 175 million to one.

1:45.0

Joining a multi-level marketing company, even though the people who take part in these schemes rarely make money, if at all.

1:51.0

Start investing in the stock market. Typically this comes after a single

1:55.2

viewing of Wall Street followed by aimlessly purchasing and selling stocks and never really making

2:00.3

money at all. But why would you do that when you can turn to people who have actually

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