By the time you are done watching this video, Bill Gates is going to earn 300 to 400K dollars.
If you feel like pausing this video and getting back to work, don't do that because even if
you make 300K dollars a year, which is a lot of money even in the United States, you would
need at least 380K years to make as much money as Bill Gates.
Remember, he is not the richest person in the world, nor the second, third, or even
fourth.
Bill Gates has lost it all.
What do you think Bill Gates feels when he looks at Bernard Arnault, who is literally
more than twice wealthier than him?
When you look at all of these successful people, most of them are old, so when you set a huge
goal, you naturally assume that you need like 10 or 20 years to achieve any meaningful success.
But here is Bill Gates, who became a millionaire when he was just 23 years old and a billionaire
when he hit 31.
Or Mark Zuckerberg, who became a billionaire at just 23 years old.
that’s why I went to [forbes.com](http://forbes.com/) and studied the lives of every single billionaire
to find out how these people got ahead of everyone else.
So, Here is what I have found.
By the time you are done watching this video, Bill Gates is going to earn 300 to 400K dollars.
If you feel like pausing this video and getting back to work, don't do that because even if
you make 300K dollars a year, which is a lot of money even in the United States, you would
need at least 380K years to make as much money as Bill Gates.
Remember, he is not the richest person in the world, nor the second, third, or even
fourth.
Bill Gates has lost it all.
What do you think Bill Gates feels when he looks at Bernard Arnault, who is literally
more than twice wealthier than him?
When you look at all of these successful people, most of them are old, so when you set a huge
goal, you naturally assume that you need like 10 or 20 years to achieve any meaningful success.
But here is Bill Gates, who became a millionaire when he was just 23 years old and a billionaire
when he hit 31.
Or Mark Zuckerberg, who became a billionaire at just 23 years old.
that’s why I went to [forbes.com](http://forbes.com/) and studied the lives of every single billionaire
to find out how these people got ahead of everyone else.
So, Here is what I have found.
And Mark Cuban netted over a billion dollars.
If he had done that at any other time other than at the peak of the dot-com bubble, he
would have never been able to sell an online radio with half a million users for almost
6 billion dollars.
"Our society is divided into two groups: producers and consumers.
We all fall somewhere in the middle, as no one is entirely a consumer or fully a producer.
But the
question is, are you more of a producer or a consumer?
Take YouTube, for example.
There are those who create content, and those who consume it.
Which one are you?
The creators are much better off financially than the consumers in most cases.
It's not just about YouTube.
The moment you pick up your phone, you're bombarded with what others are producing,
from Netflix to YouTube to everything else out there.
the moment you leave your house, you are bombarded by what others are selling.
You may not have the right idea or be as lucky as all of these billionaires, but the moment
you shift your focus to producing instead of consuming, you will automatically get ahead
of everyone else who is more of a consumer than a creator - and that's about 80% of the
population.
In fact, your chances of hitting the right idea and being in the right place and the
right time will automatically increase.
But how much do you need to make to get ahead of 99% of people?
$10 million?
$100 million?
Not really.
$600,000 will already put you in the top 1% of high earners in the United States.
$600,000 may seem like a lot, but it's not even a tiny fraction of a billion dollars
and is realistic for most people.
And if you're in the UK, for example, and you make that kind of money, then you're in
the top 0.1%.
So getting ahead of 99% of people isn't as difficult as you might imagine, because people
are lazy and just prefer to enjoy instead of work 14 hours a day and be obsessed of
getting better and better every single day.
You don't have to be lucky and join the ultra-rich club.
There are two ways to achieve that: either start a business that makes a half a million
dollars a year, which is difficult but practical for most people, especially when you have
the internet, or get really good at your job and be better than 99% of people in your industry.
There are lawyers, engineers, and real estate agents who make more than $600,000 a year.
The only problem is that you have to outwork more than 99% of people, and most people don't
want that.
They might do it once or twice or for a couple of weeks, but the challenge is to turn that
into your lifestyle where work 14 hours a day for years.
But here's the good news: You don't need more than two years to become financially independent!"
Let's say you want to start a YouTube channel.
If you work 14 hours a day for 2 straight years and improve every video slightly, you
will get at least 100K subscribers in 2 years.
The reason why most channels don't succeed is that they keep doing the same thing over
and over without improving or give up too early.
You don't have to go from 0 to 100.
All you have to do is improve every video by 1 percent.
Once you reach that position, you can hire people, create products, collaborate with
other brands.
You might not be making $600K, but your business generates at least enough income to give you
the time and the resources to get there.
Or let's say you get into real estate.
If you spend 14 hours a day for 6 straight months learning about real estate, you will
know more about real estate than 99 percent of people.
Then spend the next 6 months going to network events, getting to know people with money,
and building connections.
Once enough people know that you are a great real estate agent, especially people with
money, great deals will naturally start chasing you.
Again, you have to outwork 99% of people in the industry.
Building a business is like going to the gym.
If you go to the gym 3-4 times a week for 2 straight years, you won't be able to compete
with the Rock, but you will build a body that's better than 99 percent of people.
2 years might seem like a lot of time, but 2 years are nothing compared to how you spend
your life.
An average American spends ten years of his life on things such as cooking, cleaning.
People easily spend 4 years in college while thinking that dedicating 2 years of their
lives to become financially free is too long.
Focus on the big picture.
So, how do you get ahead of 99% of people?
Stop being just a consumer and try to be more of a creator.
Don't aim to compete with the world's richest people; they are in the league of their own.
Focus on something that's more practical, something you can achieve within 2 years.
Pick a skill or a business that you are at least slightly passionate about, whether it's
creating videos or selling real estate.
It really doesn't matter as long as there is demand for it in the market.
If you get lucky in the process, you might get catapulted to the top of the Forbes list.
But if you don't, you still will be ahead of 99 percent of people.