What Vivan Tu is Doing to Make $25 Million in 10 years

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Marketing, Careers, Business

4.6 • 1.4K Ratings

🗓️ 21 December 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Vivian Tu, also known as "your rich BFF," shares her insights on personal finance and wealth-building. She emphasizes the importance of focusing on increasing your earning power rather than just saving money. Vivian discusses her journey from working on Wall Street to becoming a successful salesperson in tech and media. She also shares tips on legally avoiding taxes, the value of investing in index-tracking ETFs, and the power of creators in today's digital landscape. Vivian's goal is to help people achieve financial independence and create a better future for themselves and their families. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES: (00:00) Vivian Tu shares her goal of being rich and desired wealth. (06:00) Focus on increasing earning power rather than saving. (07:16) Importance of learning and being selfish in job choices. (09:50) Vivian's mom's reaction to her leaving JPMorgan. (11:53) Tax-saving strategies: retirement accounts, mortgage interest, tax credits. (14:28) Why do rich people buy high-end fake bags? (16:04) Women providing for themselves and investing. (20:16) Being flexible in partnership roles. (21:10) Vivian's portfolio consists of index-tracking ETFs and target-date retirement funds. (21:51) Slow and steady investing is recommended for most people. (22:13) Chinese culture associates investing with luck and gambling. (23:41) Vivian wrote a book to provide a comprehensive guide to personal finance. (25:09) Vivian's business made $3.2 million. (27:20) Vivian feels more fulfilled making $300k from her business. Go to https://www.marketingschool.io to learn more! Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Tune into the new podcast, Stories from the Village of Nothing Much, like Easy Listening, but for fiction.
0:08.0	If you've overdosed on bad news, we invite you into a world where the glimmers of goodness in everyday life are all around you.
0:16.0	I'm Catherine Nikolai and I'm an architect of Cozy.
0:20.0	Come spend some time where everyone is welcome and the default is kindness.
0:24.0	Listen, relax, enjoy.
0:27.0	Listen to stories from the Village of Nothing Much,
0:29.0	on the IHeartRadio app, Apple Podcasts,
0:32.0	or wherever you get your podcasts.
0:35.0	Walter Isaacson set out to write about a world-changing genius in Elon Musk and found a man addicted
0:40.8	to chaos and conspiracy.
0:42.3	I'm thinking it's idiotic to buy Twitter because he doesn't have a fingertip feel for social emotional networks.
0:49.0	The book launched a thousand hot takes, so I sat down with Isakson to try to get past the noise.
0:53.6	I like the fact that people who say I'm not as tough on musk as I should be are always
0:58.2	using anecdotes from my book to show why we should be tough on musk.
1:02.0	Join me Evan Ratliff, for On Musk with Walter Isixon.
1:06.0	Listen on the I Heart Radio app, Apple Podcasts, or wherever you get your podcasts.
1:10.0	There's so much news happening around the world that we're somehow supposed to stay on top of.
1:17.0	That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit
1:25.2	to give you some space to think. I'm Wes Kossova. Each weekday I dig into one important
1:31.6	story and talk about why it matters.
1:35.0	Listen to the big take on the IHeartRadio app,
1:37.8	Apple Podcasts, or wherever you listen.
	...

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