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Capitalism.com with Ryan Daniel Moran

How To Make A Lot Of Money #WednesdayWithWyan

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 30 October 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Ever wonder how the absurdly wealthy really make their money? Ryan used to, and he is still fascinated by this question. After interviewing a vast amount of multi-millionaires, he shares the one thing he has seen as a constant among all of them.

 

There is only one thing for you to do in order to start making money, Ryan shares this, as well as what you should do to turn THAT into A LOT OF MONEY.

 

Keep in touch

 

@RyanMoran

@RyanDanielMoran

 

Mentioned in this episode

 

Naval Ravikant

AngelList

Transcript

Click on a timestamp to play from that location

0:00.0

There is no system, there is no hack, there is no step-by-step process, except for this.

0:10.2

Hey, capitalists, it's time to crack open your favorite beverage. I like Zivia.

0:16.5

This is Wednesday with Wyand on capitalism.com.

0:24.4

Hey, everybody, welcome to the show.

0:26.3

So you want to make a lot of money.

0:29.1

Well, aren't you in for a treat?

0:31.5

Come on in, grab a beverage.

0:33.5

We're going to talk about exactly how to make a lot of money.

0:36.6

Grab a seat.

0:37.2

Let's have some fun.

0:53.1

So let me tell you a quick story that happened today. This morning, I was at breakfast with a new

0:58.0

friend, a new contact here in town, someone who is absurdly wealthy, someone who has made a tremendous

1:05.5

amount of money. And to back up just a hair, when I was a kid, I remember driving around the neighborhood with my mom.

1:14.4

And my mom had this phrase that she would say, we'd look at the really nice houses around town.

1:19.6

And she would say, Ryan, this is how the other half lives.

1:23.7

Don't you just want to knock on their door and find out what they do for a living?

1:27.3

And because of that experience, of that question of, how do these people make a lot of money?

1:32.6

I've become really fascinated and always was really fascinated with the question of how do people make a lot of money.

1:41.0

And I was sitting down at breakfast this morning, speaking with this new friend in town.

1:46.5

And the interesting thing about his story is that he didn't seek getting rich. He sought

1:54.6

passive income to out-earn his job. He still worked his full-time job, which, to be fair, made him a few hundred thousand

2:03.2

dollars a year. But the goal was never to quit his job. It was to have freedom to be at choice,

...

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