Make "A Couple Million" Without Ruining Your Life (with Steve Chou)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 15 May 2023

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Steve Chou has made lots of money. He didn't do it by "following his passion." He sold hankerchiefs with his wife, who wanted to quit her job. Together they created businesses that rolled in cash. But Steve will be the first to tell you that the method he used was flawed. Today he'll dive into his mastakes and share kes to help you start your own business and make "a couple million" a year (Steve's number) without ruining your life, your relationships, or resorting to the "hustle culture" that chews up and spits out so many would-be entrepreneurs every year.

In our headline segment, we'll dive into the automation craze. Chat-GPT is doing homework, writing ad copy, creating books...what can't automation do? The government is casting it's gaze on automation and has issues some strong warnings. We'll share those AND what you should think about when you're considering automation (or recommendations that come from automation) in the future.

Of course, we'll also wind up the TikTok minute, Doug's trivia, and much more!

FULL SHOW NOTES: https://www.stackingbenjamins.com/steve-chou-1356

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201.

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Transcript

Click on a timestamp to play from that location

0:00.0	It's Monday morning in America.
0:01.5	Doug hasn't woke up yet, but we're awake. And you know who was awake all weekend? Apparently Doug was, along with the men and women in our armed forces, keeping us all safe. Army guys and gals. It was fantastic. Doug, were you awake all weekend? Uh-huh. Must have been. Apparently. Oh, yeah. Apparently. Because not awake now. It was a rough weekend. This is our third time trying to get this stuff done. We just want to salute our troops. It's all we want to do, Doug. We want to salute our troops. So put a glass in the air. I got no glass today. So I've got the imaginary way. I got the Wonder Woman airplane glass. Here's two.
0:38.1	The men and women in our armed forces keeping us safe.
0:40.4	On behalf of the men and women working at Navy Federal Credit Union, here,
0:43.9	military appreciation month, OG.
0:46.6	Military appreciation month.
0:47.3	No.
0:47.7	Everything should be military appreciation month, shouldn't it?
0:50.2	It should be.
0:50.9	It should be military appreciation year.
0:52.7	Minute.
0:52.9	On behalf of Navy Federal Credit Union and the men and women making podcast to mom's basement,
0:58.3	salute to our troops.
0:59.3	Let's go Stacks and Benjamin, shall we?
1:01.6	You order this thing, the eight-minute abs?
1:04.8	Yeah, sure, eight-minute abs.
1:06.1	Yeah, the exercise video.
1:07.9	Yeah, well, this is going to blow that right out of the water.
1:10.7	Listen to this.
1:12.3	Seven minute a.m.
1:20.9	Live from Joe's Mom's Basement.
1:23.7	It's the Stacking Benjamin Show.
	...

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