What Does It Take to Be Rich?
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 19 April 2021
⏱️ 18 minutes
🧾️ Download transcript
Summary
"The top one percent richest people in the country" - in some people's mouths, this is a slur. Others strive to reach this financial milestone. Still others passed it long ago and now live a life of financial independence. Helping people join the ranks of the one percent is what we do at Capitalism.com.
But what does the math look like? How much wealth would put you into the one percent in the United States? Which assets count? And what would it take to push you across the line? How long would it take to get there, and is there a way to speed up the process?
In this episode, Ryan and Justus talk cold, hard numbers. But after listening, you'll walk away with your brain buzzing and inspired. Could it be that you're closer than you think? We'd love to hear your thoughts.
Transcript
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| 0:00.0 | Hey guys, in this video, I want to share something with you that is just so important for you to get. |
| 0:05.2 | I talk a lot about building businesses and investing the profits on this channel. |
| 0:09.3 | And in this video, I want to give you some context to why we talk about that so much. |
| 0:13.0 | Because once you watch this clip, you're going to see that I really believe that anybody can do this. |
| 0:20.3 | If you do what we talk about in this clip that was |
| 0:24.0 | from a coaching call from our membership area, which is called the 1%. It's all about getting to |
| 0:29.0 | the top 1% richest people in the world. You're going to see anybody can do this. So watch this |
| 0:36.9 | clip and you'll see exactly what the strategy is that anybody can do this. So watch this clip and you'll see exactly what the strategy is that anybody can do. |
| 0:41.8 | That's super simple. That'll take you to that top tier. Enjoy. |
| 0:46.2 | I want to paint a picture for all of you that is going to give you a renewed vision for where you are going and where we are all going |
| 0:57.4 | together. |
| 0:58.4 | All right. |
| 0:59.4 | So I want you to ask you a very simple question. |
| 1:01.3 | I want you to put in the chat box your best guess. |
| 1:04.2 | If you live in the United States of America, what do you think your net worth needs to be for you to be in the top 1% richest people in the country? |
| 1:16.2 | And net worth, remember, is 401k, house value, saved money, investment value. |
| 1:24.7 | What is your net worth need to be in order to be the top 1% in the |
| 1:31.0 | country the number to be in the top 1% of the country and thus the world is 2.6 million dollars |
| 1:43.5 | 2.6 million. |
| 1:46.6 | $2.6 million. |
| 1:50.9 | Now, how do you feel when that number is set? |
| 1:51.9 | $2.6 million? |
... |
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