Welcome back to the show. Today I'm going to talk about the four paths to mega money.

And so in the year that I took off after the sale, I studied this intently because I wanted to figure out the best opportunity vehicle for me.

And it turns out there are four and all four can make you mega rich. And they all have pros and cons. And let's start with the first one.

So in the first path, you have other people's money

being invested into your business.

Now let's look at some of the business titans

that followed this path.

So here you can see three pie charts with 17%, 10% and 4%.

If I were to show you this and say,

do you think the people who own these pies are very rich?

You might think, well, no, they own so little of the pie.

But if I then said, this is Tesla, this is Amazon, and this is Navidia, would you all of a sudden then think, oh, wait, this is Jensen Huang, Elon, and Bezos, some of the richest people in the world,

who are all centipillionaires and now at this point multi-centi billionaires.

And so these incredibly successful people understood the first path of getting ultra-wealthy,

which is the combination of other people's money into your business.

Now, the way that it works is that you raise funds

by selling a percentage of your company. So what this does is that it actually dilutes you as a

founder, meaning you no longer own 100% of your company, but now you might own 80% of a company

that now has an extra $20 million, for example, that you can then use to grow.

Now, there are some businesses that this is the only strategy to successfully, realistically

accomplish the goal, and then there are some businesses that this would be a terrible idea to pursue.

One thing that I think took me way too long to understand as an entrepreneur is that every

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