You know, everyday I come out with a new video. But the reality is some videos get
me more jazz than others. And today, I actually get to talk about how to make
more money with less time. And there's a science to this. And I've never made a
video about this before on my YouTube channel. So, I'm excited to reveal for you
and really show you the science of how to go from $10 an hour to $50 an hour to
$500 an hour to $5,000 an hour to $50,000 an hour.
I'm going to be showing it all to you up next.
Dude, check it out. I'm so excited for this conversation because making money
is a game. And today I'm going to show you some of the rules of how you can
shortcut the game. You know, I think I used to become an entrepreneur. Because I
didn't want someone else to control my life.
But that wasn't actually the secret of wealth. There's a lot of entrepreneurs
that are more trapped spending more time in making less money. I want to actually
share with you this simple math that might surprise you today for how you can
actually grow to making $10,000 an hour. Because by the way, I think we can all
agree that $10 an hour is kind of like entry level. And then $50 an hour is the
next level. But when you start making hundreds or thousands of dollars an hour,
that's when you can start commanding a much better lifestyle. And here's what
that money really means. It's not about being rich. It's about leveraging your
times that you have way more time. The ultimate currency that you're after is
time. A day will come where no matter how much money you've made, if you could
trade it all to have more time, you would. So, we're going to talk about how to raise
your standards and how to have more of the time that you want. So, take a walk
with me. I want to just share with you just a couple of life stories here to
kind of help you understand a little my journey and how this helped me figure
things out. So, when I was young, the first real legitimate job that I had after I
caught caught selling drugs was a paper route. I should probably explain that. It
wasn't really drugs. I had raided my mom's pantry I had gotten my hands on
sugar and flavored it. Put it in little baggies you know kilo bag. Half kilo bag.
Started selling this stuff. By lunch I made like 40 something dollars and then
the principal caught me and then she thought it was drugs. And then I got
busted and she took my sugar away. But the reality is all the money I made was
pure profit because I didn't have to pay for any of the goods. Money just came out
of my mom's pantry is free. But my first legitimate job that I really had was
paperboy. And I would basically work 40-ish hours a month and I would make
about $400 a month. And I'd do some math with me. If I'm taking home 400 bucks for
working an hour a day, 40 hours a month, how much money I'm making? I'm making $10
an hour. And by the way, for a kid in junior high you know, 7th, 8th grade, 10
an hour was cool. Then when I was in college, I did a telemarketing job and I
was making $12 an hour. Then when I was later in college and I learned how to
make more money, I actually said, "You know what? I don't want you to pay me per hour.
I want you to pay me on commission." And at first, it was hard and it sucked.
Because I didn't know how to make money on commission. So, actually my income
dropped. But I paid my dues and I figured it out and I realized, "Whoa! When I'm paid
on commission, I can make a lot more money per hour."
Well eventually I quit that job. I became financially free because I did all this real
estate. Look at how real estate changed the game for me. I want you to actually
get this. When I bought my very first house, I had a mortgage and
that mortgage was for around $800 a month. I was renting my basement for $500
a month. That meant that for me to have the entire upstairs of a three-bedroom
one-bath by renting out the basements one bedroom one bath, it was really only
costing me 300 bucks. Now, the place I was renting before was only a one-bedroom
one-bath. And I was paying 400 a month. So, I upgraded to a three-bedroom but by
the way, I was renting out the basement it lowered my monthly. Then I refinanced
my mortgage sound to $500 a month. And that meant that essentially I was living
for free. Now, by the way, living for free reduced my expenses. This was a really
cool thing. And I learned when I bought my next house and it was paying me a
multi-hundred dollar month cash flow. That my money was now working for me.
What it meant was I was making more money without earning. Every time I
bought another house, it added. So, let me show you what the math looks like. It's
going to draw this up here. I bought this house and it was paying me $500 a month.
And then I bought this house and it was paying me 300 a month. And I bought this
house and it was paying me 600 a month. And about this house and it was paying
me 250 a month. And I bought this house and it was paying me $700 a month. And I
bought this house and it was paying me 500 a month. And I bought this house and
it was paying me 400 a month. Okay. This is the story of my
life. You see these six houses right here? Add
them up 500 plus 300. So, eight hundred, fourteen hundred, sixteen fifty, plus
seven hundred is twenty three fifty. Plus five is 28. Basically
$3,000 a month is what these houses are kicking off. Now, these are not
exact numbers. These are just the range of cash flows that I saw in my homes. And
about 25 of them. So, my cash flow just kept getting to the point
where... But here's what was cool. Even with these homes. At my job, I was making about
$3,000 a month. My real estate however was paying me
$3,000 a month. So, I'm making $6,000 a month and it's
like I cloned myself. There's two Kris Krohns. You know how
cool that is? It's like this Kris Krohn will go to work and make 3,000
a month. This Kris Krohn is going to sit on his butt and do nothing and make
3,000 a month. It meant that I was basically increasing my income hours.
Now, after I retired, something cool happened. I became a business owner. This
is part of what I really want to you to get in this video here. And at the end of
this, I have another video that I want you to watch which is going to show you how
I actually got to $12,000 a month in four and a half years.
Because it was cool and you can do it too. But what I decided was if I go into
business for myself, I can make more money than I can working for somebody
else. Because guess what? When someone hires you, it's because there's an ROI or
return on investment that they want to get on you. For most businesses, it is a
4x return. Here's what this basically means. It means "Hey, Kris. If we're paying
you (let's just say) $50,000 a year then we as a company
should be able to make $200,000 a year 4x. So, we'll
give you a quarter of it. We'll keep the rest. This is a way a lot
of successful companies run and operate and think. So, I thought to myself, "Well, if
I possess these skills and if I were in business for myself. Why don't I get the
4x return on my own skills?" And essentially the problem with
that thinking is that there's a lot more to business than most of you know
jumping in. But once you figure those things out, you can not only get a 4x, you
can hire other people and get a 4x on them. You can get a 10x. You can get
100x. And here's what basically started happening. The universal math...
This is what I wanted to share with you. The universal math for you to basically
figure out how you're financially growing in life comes down to this
equation: How much are you earning per hour. Will we become entrepreneurs, we
stopped tracking that. You should not stop tracking that. You should know what
your... How your value is received in the world. Is your value received at $10
an hour? Then your goal should be simple. I need to figure out right now in
the next 30 days how to get this to $12 an hour. And then I need
to figure out how do I actually get that to $20 an hour. Now, I remember
when I got to the point where I was making $100 an hour. I became thrilled.
And then I'm like, "Wait. I met this one lawyer who is making s$600
an hour that's what he was billing." And I'm like, "I want to know how to make
$600 an hour." So, I remember the first time I started making $1,000
an hour. And then I remember when I started making $2,000 an hour. And this
is the funny caveat: I was going to go play video games with some of my buddies.
And I'd gotten in my car and they're like, "Kris, come over right now but
you got to bring the pizza." So, I called my personal assistant, I said, "You get the
pizza." When I got there and the pizza had arrived.
They're like, "Kris, you didn't bring the pizza. You got your personal assistant to
get the pizza?" And I'm like, "Bro, I know my value. I know my standards. I'm not doing
$10 an hour work as a $2,000 an hour person. I'm working on
becoming a 4,000 or a 10,000 or a 50,000-dollar. Like
I have some businesses now where I'm making tens of thousands of dollars per
hour. Because I've learned. I've been playing the game and the game is really
simple. How do i level up my approach in the way that I'm really doing this? So,
there's a couple things that I want you to learn from this. The first thing that
I want you to learn is that number 1, you should not do
things below your worth. For example, if you're currently earning $50 an hour,
then I want you to develop a standard that says, "I only do things that are
worth $50 an hour on up." It's going to drastically change your schedule. Because
all of a sudden you're like, "Uh-oh! There's a lot of things that I was doing
before and I'm no longer trading my time for them. I have to find a different way
to trade my time." So people are like, "Kris, why do you have masseuses come
over to your house to give you a massage?" Or "Why do you send someone else to go
wash your car? Get gas? Why do you have people running these assistants for you?
Why do you people booking your plane tickets? Why do people doing this
stuff for you? You can do it yourself." And you're like, "I could but it violates my
standards." The moment you tolerate doing activities that are below your hourly
wage, what you do is you build a comfort zone around this amount of money and say,
"This is what I'm worth." The reality is that you're precious and priceless and
you have infinite worth. In God's eyes, we're all that way. But from a financial
worldly point of view, if you're doing $50 an hour work and you want to double
your income, you've got to look for work that will pay you how much an hour? $100
an hour? Means you got to raise your standards. So, when someone asks you to do
a project, where you're going to earn a whole lot less money. You're like, "Oh, it's
okay." It's like one of my mentors I paid a million dollars to this mentor and he
would laugh at me, "Why are you making your own powerpoints? It's like $15 an
hour work." And I said, "Because I like it. Because I enjoy it. Because no one will
do it as well as me." That was all my hallucination. And all it did was keep me
from earning more. I remember when I finally years later listened to him. And
I basically said, "I am no longer doing a single activity that is worth less than
my going rate." That's when all of a sudden I started saying no to a lot of
things. And I was like freaking out I'm going to make a lot less money. I'm saying
no to a lot of things because I'm saying no to this $10 an hour thing. And I'm
saying no to this $30 an hour thing. And I'm saying no to this 40,000. Because I
meant $50 an hour. But you know what? Nature abhors a vacuum. And what that
means is that if you take.. If you start saying no and take it all away, then the
only thing you can start saying yes to is what? Everything that is at
your goal that you're willing to say yes to. Do you know what that's called? That's
called raising your standard. You want to make more money, you've got to learn how
to raise your standard. Most people that don't earn well enough, it's because we
debt what we tolerate. And a lot of us are tolerating stuff that we shouldn't
and as a result we keep getting it. We might complain about it. We might whine
about it. We might say and claim we want something more. But you can't get more.
Because you're actually doing the thing that you don't want. That is having low
standards. So, this conversation about how do you make more with less time, it is
one of my favorite conversations because right now I'm on a journey to figure out
how to make a million dollars an hour. And I know that I'm going to figure it out.
I'm on my way. I know because in some of my businesses
I am making tens of thousands of dollars an hour. It's just a few more quick jumps
and I'll figure out the rest. When I raise my standards, the opportunity shift
and change in my world. Do you understand this principle? Is that in the beginning,
we all got to say yes so that we can deal with the chaos of abundance. But
when you say yes and everything's full, you got all them learn how to
responsibly say no to create the vacuum. And vacuum will only present
opportunities that you're willing to say yes to. And guess what? You now perceive
opportunities that are going to take you to that next level.
Friends, this is literally how I continue to do it. It's how I've been
doing it. It's how I'm doing it today. And here's what it really means: It means
that one of my current standards that I've also raised is that I don't do any
work before noon. You could try and reach it out to me, you
could be trying to emailing me. You could try calling me. But guess what? You're not
going to hear anything from me. It's going to be total silence. Because I have a
standard. That time is for my kids, that time is for me. It's for personal
reflection. It's for prayers, for meditation, it's for Taekwondo ,it's for working out.
It's for relaxing. It's for sitting in the hot tub. It's for taking a nap. It's
for sleeping in. It's for that. It's not for work. But when I work, I'll
tell you right now, I know what I'm doing, I know my value, I know when to say yes. I
know when to say no. And because I have standards and I've raised my standards, I
get more. So, the beautiful thing is I'm creating now more opportunities for
other people. And because I'm saying yes for the right opportunities, I'm getting
more of what I really want. Which means a lot more time freedom. But
it means a lot more money. When you have both of those,life really goes to the
next level. Listen, I hope you've enjoyed this video. I've created a video for you
that it is all about how I leveraged my time and made 1.6 million dollars in a
very small period of time. Because I actually took what I just trained you
here. And I'll show you how I implement it. The video that pops up right over
here, I want you to go ahead and click on it. It's actually going to show you how
to do that. Down below, you have all sorts of opportunities things like my book
that you can get for free that will also show you in written form how I did it.
You just cover the shipping on it I'll send it out to you at no cost. And if you're
not a subscriber, make sure that you do something about that. This channel is
dedicated to me helping you develop wealth and living a happier life.
My name is Kris krohn. Dedicate to your greatness and having it all. Watch that video. Catch you there.