There are two crucial areas to making a Million Dollar Income. Patrick Bet-David covers them in this video. Don’t forget to subscribe to Valuetainment: http://bit.ly/2aPEwD4
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Other videos to watch:
How to really become a millionaire: https://www.youtube.com/watch?v=KW9R_aNGF4E
11 skills that millionaires master: https://www.youtube.com/watch?v=eJlWQ08UCyM
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I'm a recluse, and while I wasn't and made big cash enough, I lost my family - never saw them anymore - lost my girlfriend - she always wanted more and found someone that had more - lost my trust in people...while handing everyone a bit of what I earned. Now I live reclusive, no stress, no pain, no gain either. And I am actually the happiest man I could be. All I got is my rented apartment and my cat. me and her are the best buddies.
Being 44 I sometimes think why not more money...yet...I don't need it...I wouldn't want to steal all the profit from my employees and see this all too often,...just as you explained here. I am glad you are happy doing what you do. But please keep your money, be happy with it. I respect that people that made it with a lot of money still have families and friends. So the luck factor … never forget it also needs luck. I rather see everyone a little happy, and watch their smiles. I am fine with my little space, cat and food on the table. The rest is all too overrated to me.
It's stupid, I think it's a one man show getting rich. 2nd the world will never be solved based on limitations on money of an individual starting a business. Someone like me who is wealthy enough for myself want to start a corporate business and pay people salaries. 3rd you sound like a mafia boss and the marketing sounds wwaayy too aggressive.
But how many people actually tried to climb Everest? Were talking about success and failure rates here. 1 billion people did not attempt to climb Mount Everest with only 4000 succeeding. At the same time everyone in America is working so I believe this is not an apples to apples comparison to the Everest metaphor. I'm not arguing that earning a million is as tough as people believe. The comparison is just wrong statistically. On average there is about 1000 attempted climbs each year with about 500 people actually reaching the summit. A whopping 50% success rate. In 2017 there was 643 summits or 61% of the attempted climbs. A huge success rate although expensive.
Now in the US alone 500k people earning 1 million/year is less than 1%. And this is out of 330 million people (some of these numbers are not earners I realize) It's all about perspective.
I like the videos a lot, subscribed and hit the notifications button. It only bothers me that he thinks he put things in perspective for me. I think if 7 billion people want to desperately (just as much as making a million dollar) clime the mount everest for sure more than 4.000 people would succeed. Find this a big fail. But I like the energy and the whiteboards
Really good video. Very well put together.
Refreshing to see a realistic method, with great detail.
Especially liked the future truth mentality, lying to oneself to assure success.
I think a lot of people’s failures come down to a mental struggle with ones own abilities. Procrastination kills goals before they’re even started!
I think a lot of people would benefit from this particular video.
10 out of 10.
Hey Patrick,could you do that same logic mathematical breakdown for industries other than sales real estate and it consultant? Or ones this only work in these three industries? Please respond and thanks for your great videos on YouTube, thanks for explaining things plainly and effectively
I am a 17 teen year old high school junior and an aspiring entrepreneur & investor. My goal for 2018 is to not only make $50,000 but 50k in profits. (Minus all the money I spend throughout the year, whether its on products, food, business, clothes, capital losses, ect) This would be a huge accomplishment for me since I cam grow my wealth exponentially through investing. I just need to get myself going with a genuine business this year. I have currently just been managing my own eBay store but I only generate about $1,000 a month. Additionally I help my grandfather with his landscaping business and although there is a lot of money in that industry, it is something that I do not enjoy in the slightest.
Wish me luck and please give me some advice!!!!
Johnny Fame I am interested! Currently, I only have $4,000 in the stock market in various stocks with the goal of selling for at least 10% with in 3 months. And it has been successful with the exception of the past few months(obviously), but day trading specifically trading options has been a huge interest of mine but I havent taken the leap yet. What books do you recommend?
Become a Day Trader. Futures trader specifically. The Emini S&P 500 market. You can get $50 per point the market moves in any direction. And thats only trading 1 contract. I've been studying for it for 3 months now. Send me a message and I give you a list of good books you can get.
My name is Benny Mobley I am 54years old in great health and shape, I have been training with weights and eating good nutrition foods for 25 years I eat no processed foods, I am a personal Trainer my own business/bodybuilder/life coach. Make a long story short, I want to do motivational speaking to all people to eat healthy and exercise , my idea topic is health and peace of mind, I attend toastmasters on the weekends Saturday mornings, I've spoke to the class, they love my Speech,
so how do I get speaking gigs for people want to pay to hear me speak? I want to be an entrepreneur and make more money to take care my family better, I know it will take hard work,
I look forward to hearing back from you and your advice to help me understand how to get to the next level
Yes I'm in the Army now because I had nothing else I could do. I went to community college and got an associates degree which I lost interest in after a year of working in that field. I don't have money and I can't go to my parents like everyone else because they don't have any money either NOR my grandparents. Like fuck... I'm already going on 25 and still never had a girlfriend and I don't have money with this low paying job in the army. I want to get married but I don't have the money.
Guarantee me I can find the sales people and product to sell $83K per month!!!!!!!!! WTH????????? As if it was that easy, with internet sales and competition it's hard as hell out there with competition all over the place!!! Give me a break!
I make about $500, 000 a year or a little less, that's more realistic than a million a year, do what is real based on your ability. What's more important than money is power which I have more of than most millionaires. Ideology is the most important.....
I got many things which I need people to learn and these are the most
important messages in humanity because I am the leader of the most well
developed ideology in the world called Democratic, Cultural, Socialist
movement. Study my comments on many political/religious videos because
they're common (in the top of the comment sections) and subscribe to my
channel for great knowledge. Keep learning and imprving the world and
you will count as associate of Democratic, Cultural, Socialist movement
if you study what I told you to study which is one of the most sacred
duties you could take on. Subscribe, the revolution is here
I want to start a fasting clinic to help fight disease but I feel like
I have to go to school for this in order to be credible. Im thinking naturopathic or regular medical school but that will take a LONG time :(
I live in Virginia, USA and I make $25k a year (which is very little) working in a Post Office. If I could make even 5k or 10k MORE each year, that would be life-changing for me. I need to figure out how to start small and even make a few thousand more per year. If I could make 1 million dollars a year, my life would be completely different.
Romans 4:16-17 Therefore it is of *faith,* that it might be by *grace;* to the end the *promise* might be *sure to all the seed;* not to that only which is of the law, but to that also which is of the *faith of Abraham;* who is the father of us all,
17 (As it is written, I have made thee a father of many nations,) before him whom he *believed,* even God, who quickeneth the dead, and *calleth those things which be not as though they were.*
Although foreigners may now invest in A-shares, there is a monthly 20 percent limit on repatriation of funds to foreign countries.
Performance of A-shares.
Since its inception in 1990, including a major reform in 2002, the index has seen great fluctuations. Overall, however, it has grown along with the Chinese economy. The years 2015 to 2016 were a particularly difficult period, with a 52-week performance of -21.55 percent as of July 20, 2016.
As China grows from an emerging market to an advanced economy, there is substantial demand for Chinese equity. Stock exchange regulators continue efforts to make A-shares more broadly available to foreign investors and have them recognized by the global investing community.
In June 2017, the MSCI Emerging Markets Index announced a long-awaited decision it would add stocks to its index. According to CNBC, MSCI will add 222 China A Large Cap stocks to its benchmark emerging markets index gradually beginning in 2018. The MSCI website reveals the stocks it will list include the Bank of China, China Merchants Bank, Guotai Junan, Ping An Insurance, according to a document on Tsingtao Brewery, SAIC Motor, Suning Commerce and Spring Airlines.
Current Dividend Preference.
Participating Preferred Stock.
Convertible Preferred Stock.
Cumulative preferred stock includes a provision that requires the company to pay preferred shareholders all dividends, including those that were omitted in the past, before the common shareholders are able to receive their dividend payments.
Non-cumulative preferred stock does not issue any omitted or unpaid dividends. If the company chooses not to pay dividends in any given year, the shareholders of the non-cumulative preferred stock have no right or power to claim such forgone dividends at any time in the future.
Participating preferred stock provides its shareholders with the right to be paid dividends in an amount equal to the generally specified rate of preferred dividends, plus an additional dividend based on a predetermined condition. This additional dividend is typically designed to be paid out only if the amount of dividends received by common shareholders is greater than a predetermined per-share amount. If the company is liquidated, participating preferred shareholders may also have the right to be paid back the purchasing price of the stock as well as a pro-rata share of remaining proceeds received by common shareholders.
Significance to Investors.