How I Made My First Million

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In this video, Andrew shares his personal journey of achieving his first 1 million dollars and shatters the illusion of success perpetuated by influencers on social media. He opens up about his moments of self-doubt and comparisons with others who appeared more prosperous. However, through perseverance and determination, Andrew discovered the true metrics that led him to success.
Join us in uncovering the truth behind building wealth, and discover the power of embracing a nomadic lifestyle to unlock endless opportunities on your path to success.
00:00 Start
1:40 Revenue, Profit, and What You Keep
4:05 My Journey
5:52 Making My First Million
8:18 Expanding and Scaling Up
9:30 Realizing the Potential of Living Overseas
10:48 Creating Nomad Capitalist
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Пікірлер: 155

  • @richardnokes6752
    @richardnokes675210 ай бұрын

    HEY ANDREW... YOU WERE MENTIONED ON "MY FIRST MILLION" PODCAST AS AN UNDER THE RADAR INTERESTING LOW PERSONNEL BUSINESS... YOU ROCK

  • @rohankishibe8259

    @rohankishibe8259

    10 ай бұрын

    Link?

  • @richardnokes6752

    @richardnokes6752

    10 ай бұрын

    @@rohankishibe8259 Sry... Don't Remember Which Episode And I Don't Know How To Do Links... I Sorta Suck At Tech...

  • @rohankishibe8259

    @rohankishibe8259

    10 ай бұрын

    @@richardnokes6752 what was the name of the podcast?? My first million is the name or the episode?

  • @richardnokes6752

    @richardnokes6752

    10 ай бұрын

    ​​@@rohankishibe8259My First Million is the name of the podcast. I just double checked. If I ever get time I will rewatch the couple episodes I watched recently and get an episode number and timestamp. Normally would have. Podcast has an Indian-American (Shaan) and a white dude (Parr)... Didn't like the podcast at first, but has real value! CHEERS

  • @tommy0814
    @tommy081410 ай бұрын

    Andrew you are a rare gem and one of a few genuine business KZreadrs here. I remember when I started to follow you in December 2019, you only had lower 4 digit views every day, like 1000 or 2000, that's when you started to post daily. Throughout the craze of pandemic I watched you everyday and saw that you had solid low 4 digit views everyday. I remember in your video about "The Truth About Success That No One Tells You", you mentioned that the truth is merely do it, and do it everyday. After watching you for 3 and half years, I learnt that this lesson you shared is gold. I truly appreciate the early videos in which you talked about your radio broadcasting advertising and swimming pool cleaning company. I literally personally grew with you, when I started following you, I just graduated from university and was living in San Jose, California, half a year later, I started my first business in Vista California while reading your book, 3 and half years later, I have become a Nomad Capitalist too, and have been growing both personally and business wise. I will always remember I got the original inspiration from you. Those old videos you took at the bar that no longer exist in Mexico, in Colombia, and the quarantine days in Kuala Lumpur.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    That’s very kind of you to share; thank you.

  • @nismofunes

    @nismofunes

    10 ай бұрын

    True og 🤙

  • @maxdenby2166
    @maxdenby216610 ай бұрын

    I do find it funny that people think revenue comes from KZread dollars. The reality is KZread is a way to provide content that indirectly promotes sales of agencies, consultancies, products etc. It’s essentially content marketing.

  • @97footballplayer
    @97footballplayer10 ай бұрын

    This is real life. Everyone hears all these fantastic entrepreneur stories and has a altered reality.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    True.

  • @kagi95
    @kagi9510 ай бұрын

    Watching this from Bali as I made my first partial exit of my company. I was also watching you back in 2019 while eating ramen and not having any income 💪

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Congratulations on your success.

  • @chiragforu

    @chiragforu

    10 ай бұрын

    Bali lol. Go somewhere better man now you have money. Stop being in tourist traps

  • @Plexus0

    @Plexus0

    10 ай бұрын

    Plenty of great spots in Bali. Sorry to hear you didn’t have the same experience

  • @vibewithdipen8473

    @vibewithdipen8473

    10 ай бұрын

    proud of you, g.

  • @parkerjohnson5270

    @parkerjohnson5270

    10 ай бұрын

    what industry?

  • @aliabdaal
    @aliabdaal10 ай бұрын

    solid video mate - would love to interview you on my podcast if you're up for it :)

  • @alexmercer8757

    @alexmercer8757

    10 ай бұрын

    would love to see the interview.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Hey there! Thanks a lot for the kind words. We have reached out via DM's on Instagram. Looking forward to it!

  • @anthonybenware743

    @anthonybenware743

    10 ай бұрын

    You two on the same podcast would be legendary!

  • @lulabloom4636

    @lulabloom4636

    4 ай бұрын

    This I would be interested to see

  • @jaminova_1969
    @jaminova_196910 ай бұрын

    The one thing I notice about Andrew is that he has personal confidence, but doesn't come off as "overconfident" or arrogant. I do appreciate his vlogs and talking to us, even if some of it seems far fetched. My personal take away concerns my future retirement and the Nomad Capitalist show has me thinking more and more about money and finance. Thnaks!

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Thanks for sharing your thoughts! Glad to hear that.

  • @WhatWeCallDollarsArentMoney
    @WhatWeCallDollarsArentMoney10 ай бұрын

    Andrew, that is so cool. That was my background too. I was in broadcasting for a decade, with an overlap in sales for 3 years. Then went full time in sales. I'm there now and just made my first $100k in a year last year.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Congratulations on your successful move!

  • @johnbethea4505
    @johnbethea450510 ай бұрын

    A very fore thinking guy and eager to learn how to get ahead. You deserve what you have.....

  • @johncarrigan3758
    @johncarrigan375810 ай бұрын

    Viewing your KZread video's has made me keenly aware of how confiscatory tax policy impacts the accumulation of personal wealth. Thank You!

  • @Frankthetank7329
    @Frankthetank732910 ай бұрын

    Thank you! I asked for more content towards middle class viewers and you delivered!

  • @robthewaywardwoodworker9956
    @robthewaywardwoodworker995610 ай бұрын

    I like the format. The getting to know the right people seems to be a key component to every success.

  • @1439315
    @143931510 ай бұрын

    Makes cents to me. Thank you for posting. Blessings

  • @cynbadlonewolf9455
    @cynbadlonewolf945510 ай бұрын

    Can not wait to be in position to help so many.

  • @lesbyler1183
    @lesbyler118310 ай бұрын

    One of the most interesting videos you have done in a while, very personal , very interesting, Thank You.

  • @8StringKeith
    @8StringKeith10 ай бұрын

    Good morning Andrew, Forget the naysayers…….. Regardless if one chooses to leave the US or not is not the point. Your story is inspiring to the rest of us who make a living in sales or as an entrepreneur. Thank you for sharing your story with the rest of us and I look forward to the opportunity to one day meet with you and shake your hand. Sincerest Regards Always, ~Keith 🌞

  • @Embassy_of_Jupiter
    @Embassy_of_Jupiter10 ай бұрын

    I think for many people it's just about the power that having decision power over large sums of money gives you. They don't really care about profits. Yeah Larry Fink doesn't personally have trillions of dollars, but he still has most of the power associtated with having trillions of dollars.

  • @BlacksmithBets

    @BlacksmithBets

    10 ай бұрын

    Status is what everyone wants. 99% of people don’t buy a Lamborghini because they love it, it’s to show off the fact that they can afford it.

  • @costa2150
    @costa215010 ай бұрын

    Thanks for sharing some of your backstory.

  • @christopherlewinski4173
    @christopherlewinski417310 ай бұрын

    Always important to know the backstory, usually shows the foundation and strategy involved.

  • @GcoinNew
    @GcoinNew10 ай бұрын

    I love that we call Crypto Virtual, where as we don't say the same for Fiat, gold or your money in the bank. Unless you actually hold your physical gold, or dollars, they are pretty much virtual because the bank sure as shit doesn't have it if thats where you keep it. Likewise for buying gold that you dont physically hold.

  • @benchtalkrcsetup4803
    @benchtalkrcsetup480310 ай бұрын

    Have to give Andrew credit , As this information in not taught in school or uni , like compound/ interest, which is banned from being taught in university, When my son finishes school, we are considering, moving ,

  • @guilhermesalesferreiradaco2934

    @guilhermesalesferreiradaco2934

    10 ай бұрын

    What do u mean banned? How can you teach finance without teaching compound interest?

  • @crypticnomad
    @crypticnomad10 ай бұрын

    It is refreshing to hear a real everyday person type of a success story like yours. My biggest financial successes so far have not come through long term effort and value creation like you described but rather dumb luck good timing. For whatever reason I saw obvious value in something early on and got involved regardless of what nay-sayers were saying. Doing that twice and both times working out extremely well explains the ability for the other smaller successes to happen in the first place. There was a lot of work involved in the other smaller successes and tbh I'm more personally attached to them than I am the two big ones

  • @aishwaryauniyal
    @aishwaryauniyal10 ай бұрын

    You are a capitalist by birth (I mean that in a good way). You have always matched a need to a solution, while questioning the norms with positive skepticism - essential traits of a successful businessperson. Well deserved!

  • @atmosphereoasis9564

    @atmosphereoasis9564

    10 ай бұрын

    @@BlackRain_stop being so fucking negative. That’s why you are poor. That’s why 3rd world people are always poor. They always think negative, hence poor because their mindset is poor & they never seek solutions or leave a toxic environment. They think everything’s impossible and it’s the way it is.

  • @jamalgreen3056
    @jamalgreen305610 ай бұрын

    People need diversification so being able to help individuals with diversifying😊themselves and there assets is a great thing to do also we have other people today who help individuals with investments and knowing what brokerage accounts and banks to deal with for anyone to provide the help and support in these sectors im pretty sure anyone will value that

  • @TheArkdirector
    @TheArkdirector10 ай бұрын

    Love that you get your hands dirty sometimes! A sign of an exceptional leader.

  • @BlackRain_

    @BlackRain_

    10 ай бұрын

    Ugh.

  • @atmosphereoasis9564

    @atmosphereoasis9564

    10 ай бұрын

    @@BlackRain_cope

  • @vipeton.8927
    @vipeton.892710 ай бұрын

    Interesting as always. 😊

  • @mohdjibly6184
    @mohdjibly618410 ай бұрын

    Awesome Sharing Andrew...thanks :)

  • @Rittlesleo
    @Rittlesleo10 ай бұрын

    Great story, Andrew.

  • @mauricioweber8879
    @mauricioweber887910 ай бұрын

    Very interesting! Enlighten

  • @ryanaustin1400
    @ryanaustin140010 ай бұрын

    I believe the two most important things needed to make money is the right information and ironically money itself, because that’s all it takes to make a good investment.

  • @dougscott188
    @dougscott18810 ай бұрын

    You the real deal. Walk the walk.

  • @stevensantora2976
    @stevensantora297610 ай бұрын

    Great video.

  • @patricklinden4702
    @patricklinden470210 ай бұрын

    Well done 💯

  • @keatongroom
    @keatongroom4 ай бұрын

    Wow. This has been very informative. Thanks Andrew

  • @nomadcapitalist

    @nomadcapitalist

    4 ай бұрын

    Thanks for watching!

  • @debyaka
    @debyaka9 ай бұрын

    Youre a successful guy 😎 I don't have an entrepreneurial mindset ha

  • @thealternativecontrarian9936
    @thealternativecontrarian993610 ай бұрын

    do you have a podcast?

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Absolutely! Our podcast is available on all major platforms, including Spotify, Apple Podcasts, SoundCloud, and more. You can easily tune in and enjoy our content.

  • @bharath2508
    @bharath250810 ай бұрын

    A million dollars, How long does it take?

  • @Mulljackson
    @Mulljackson10 ай бұрын

    you the man Andrew. thanks for sharing

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    Thanks!!

  • @OurNewestMember
    @OurNewestMember2 ай бұрын

    Well, that was really interesting, organized and smart

  • @freeupminds
    @freeupminds10 ай бұрын

    Smart guy

  • @NomadicChad
    @NomadicChad10 ай бұрын

    Leading from the front! Willing to get your hands dirty. 👊

  • @CaliforniaCoastInvesting
    @CaliforniaCoastInvesting10 ай бұрын

    Great video. You said something like, you don’t have to live in America to make a lot of money. Would you said that the majority of your income is from the United States, or are there other people around the world interested in this also? Ie Canada, UK, others?

  • @edvhollywood4544
    @edvhollywood45449 ай бұрын

    Great this one, I like that you get your hands dirty. I see it too many times the boss has no idea the workers are not following thru. My little rental agency in Tokyo, they only want the commissions and don’t mind the details, small things add up. Dirty units, wrong accounting, things not getting answered.

  • @amthebossofmyself
    @amthebossofmyself10 ай бұрын

    Can you talk about saudi Arabia...They seem to have a vision to attract foreign investment

  • @stern_standard
    @stern_standard10 ай бұрын

    This is my goal the next 10 years move out of the US

  • @kennethbranson4711

    @kennethbranson4711

    10 ай бұрын

    Its only getting worse.

  • @alrent2992

    @alrent2992

    10 ай бұрын

    The sooner the better.

  • @razorsharplifestyle101hard9

    @razorsharplifestyle101hard9

    10 ай бұрын

    Great plan because it will take 10 years for this country to get back to normal so stack up.

  • @geozantrox666
    @geozantrox66610 ай бұрын

    From my first day of work, in my 12years , i haven t made a million yet, buy i am definitely above the half. I have been able to save very little of it until now. Not complaining about my life and i do understand all your points. I know very well how i could make my own first million in few years, and that is to move away from italy for a while and then move back. I simply cannot/do not want to do that, both personally and family wise. Some nationalities are too tight to their country, as good and bad as it is

  • @stevecarroll6760
    @stevecarroll676010 ай бұрын

    Just curious what inventory means in the radio business.

  • @hemantparakh6462
    @hemantparakh646210 ай бұрын

    I don't take upto $1600 and €700 for Free Monetization so kindly suggest how to move Abroad

  • @maximilianomadrigal6661
    @maximilianomadrigal666110 ай бұрын

    What's your educational background? If working for free is all it takes to learn and start on this path i can definitely do that but being college drop out in stem not business who's only work experience has been restaurants idk if maybe people will take me up on that offer to learn business with just a high school diploma

  • @Anonymous20142
    @Anonymous2014210 ай бұрын

    first commment, greetings from australia

  • @ReverendDr.Thomas

    @ReverendDr.Thomas

    10 ай бұрын

    Well, it's wonderful in my home country of AUSTRALIA - the people are all very humble, religious and respectful folk. Oh, and incidentally, pigs can fly.🤪

  • @scarysunburns7733
    @scarysunburns773310 ай бұрын

    The comments section is full of brokies that can’t wrap their head around how money and value is made. That there is some sort of grift or scam going on

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    As comment sections are wont to be.

  • @BlackRain_

    @BlackRain_

    10 ай бұрын

    This guy will never show you his actual bank statement. Without showing it, he's just hot air and YT grifting.

  • @kwameoluwasomi1518
    @kwameoluwasomi15189 ай бұрын

    “There’s no excuse not to be successful these days” flies in the face of actual maths. That’s not to say more types of people can’t get rich or that there aren’t more ways to get rich. Still, I have to raise an eyebrow at people who basically think those who aren’t rich are at fault because you’re telling me you don’t understand money… despite running a channel all about money 🤨 Informative video otherwise 👍

  • @costafilh0
    @costafilh04 ай бұрын

    Unless you are under 30, if you take what you paid in taxes throughout your life and compound it, you would already be a millionaire too!

  • @jackhaddad4414
    @jackhaddad441410 ай бұрын

    Not turnover but leftover

  • @anarki777
    @anarki77710 ай бұрын

    Your first million was gifted to you via cultural capital. ;)

  • @jodgg
    @jodgg10 ай бұрын

    hm

  • @aaroncook7369
    @aaroncook736910 ай бұрын

    I have no money

  • @BlackRain_

    @BlackRain_

    10 ай бұрын

    But your mother loves you.

  • @ElRosco187

    @ElRosco187

    Ай бұрын

    Get some you got this.

  • @Trumppower
    @Trumppower10 ай бұрын

    I will also do some Cold Calls to some stations and make 60000 per Dollar. lol

  • @victorn5870
    @victorn58703 ай бұрын

    Its a matter of accounting, fooling non accountants

  • @successbuilder27
    @successbuilder2710 ай бұрын

    I own one XRP!

  • @VictoriouslyCrowned

    @VictoriouslyCrowned

    10 ай бұрын

    ❤ awesome. Might be all you need.

  • @coltenfergeson4269
    @coltenfergeson42692 ай бұрын

    I lost $13,000 trying to start my last company. I’ve tried 8 businesses in my life time and only lost money

  • @hospitaladministrator3359

    @hospitaladministrator3359

    Ай бұрын

    What type of businesses?

  • @andreas_tech
    @andreas_tech10 ай бұрын

    can I lease a Bugatti?! need to flex.

  • @plizak
    @plizak10 ай бұрын

    First!

  • @plizak

    @plizak

    10 ай бұрын

    So proud to have finally made my first first! Such an appropriate video title too 😂 💰

  • @ReverendDr.Thomas

    @ReverendDr.Thomas

    10 ай бұрын

    No 👎

  • @CesaresChannel
    @CesaresChannel10 ай бұрын

    You only become a millionaire when you have business NOT a job. What do I mean by that? You need to have a business that functions without you

  • @ReverendDr.Thomas

    @ReverendDr.Thomas

    10 ай бұрын

    Tell that to the CEOs of thousands of corporations. ☝️

  • @plizak

    @plizak

    10 ай бұрын

    Really “only” should be “are much, much, much more likely to” You might work at your company, but you get to keep all the excess profits instead of the excess profit you make working at another company not owned by yourself.

  • @wajihbec1087

    @wajihbec1087

    10 ай бұрын

    Or of you're really important in a company, a CEO for ex. Or it's a commission based job. But yes most likely you need to own a business to have your first million.

  • @plizak

    @plizak

    10 ай бұрын

    @@wajihbec1087 yes but so few people make a million off salary and commission (or bonus) as a percent of all workers. Also rarely do you get their on your twenties.

  • @harisadu8998

    @harisadu8998

    10 ай бұрын

    You can become a millionaire by being an employee. You just have to keep saving an investing. Plenty of such people appear on the Dave Ramsey show also and none of them are businesspeople.

  • @OurResistance
    @OurResistance10 ай бұрын

    Well I am sure this guy has some money, but I don't think he'd still be on KZread if he had billions. In fact, he is kind of unusual, as he is actually giving out valuable information and performing a useful service! Now its true that the service he provides is only really accessible to the rich, but nevertheless it seems like a useful service. Well I'll tell you what. If I win the lottery I will consider talking with his company. I know that America is for the most part semi-fascist. I would need to find a country that does not violate the rights of people who have had a history of "mental illness".

  • @qztip

    @qztip

    10 ай бұрын

    Regarding your last sentence - The mentally ill you are referring to are constitut loving Americans?

  • @John-Nada
    @John-Nada10 ай бұрын

    My theory is most of his income comes from KZread

  • @jamalgreen3056

    @jamalgreen3056

    10 ай бұрын

    😂do u know u need thousands of views to make thousands on KZread yes at least 30% of his income now is coming from youtube but where he started and what lead him to where he’s at right now isn’t because of KZread plus he drops knowledge and you are able to learn something from every video so listen up and pay attention my guy

  • @harisadu8998

    @harisadu8998

    10 ай бұрын

    LOL, joke some more.

  • @dragosdiaconu629

    @dragosdiaconu629

    10 ай бұрын

    I think Andrew is one of the very few real ones on KZread... He's basically promoting his business and dropping knowledge but making money out of these videos is just a byproduct!

  • @harisadu8998

    @harisadu8998

    10 ай бұрын

    @@dragosdiaconu629 Yes, I know this space quite well myself now and he mentions a lot of key issues in his videos and nuance that shows clearly that he's the real deal. But yes, it'll cost you for what he does because his specialty is handholding for people who don't have the time do DIY.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    We don’t monetize or sell sponsorships on our KZread channel.

  • @anarki777
    @anarki77710 ай бұрын

    By the way, the reason that this guy doesn't employ men is because they're more entrepreneurial and he's worried they'll start their own competitor business once they have some experience and industry knowledge.

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    We employ plenty of men.

  • @tatlowtimes

    @tatlowtimes

    10 ай бұрын

    Please add a “What the hell are you even talking about?” button on KZread. 🙏🏻

  • @nomadcapitalist

    @nomadcapitalist

    10 ай бұрын

    It would be the most worn out button anywhere.

  • @atmosphereoasis9564

    @atmosphereoasis9564

    10 ай бұрын

    I mean even if @nomadcapitalist did. So what? I’m not gonna lie I would do the same thing too. The society is too hyper competitive to rely on friends and think they won’t out bud you in the same business you made. If you have something great, never show it to someone for free

  • @atmosphereoasis9564

    @atmosphereoasis9564

    10 ай бұрын

    It’s like showing men how to perfectly become a hit man or how to become a fierce fighter or martial arts. You are risking on the fact that this guy may cause mayhem or start destroying everything you created. No such thing as friends

  • @johnhanna5967
    @johnhanna596710 ай бұрын

    Nothing of value. Just rambling like everyone else

  • @johnkersten9184

    @johnkersten9184

    10 ай бұрын

    Projection.

  • @alexmercer8757

    @alexmercer8757

    10 ай бұрын

    😂😂 pin of shame, pin of shame

  • @crypticnomad

    @crypticnomad

    10 ай бұрын

    I think most people don't like to hear most real and useful financial advice because it is rarely sexy or things they probably don't already in some way know or at least conceptually sort of understand already. In the end it is about developing good habits and breaking bad habits. Habits are like having currency sitting in a high interest low risk account. There isn't anything special you have to do to benefit from it besides just having it.

  • @tdexter4959

    @tdexter4959

    10 ай бұрын

    @johnhanna5967 My friend, this is not a good look. We've all said things we regret. I encourage you to re-think this approach.

  • @harisadu8998

    @harisadu8998

    10 ай бұрын

    This ain't valuetainment son

  • @marrlena947
    @marrlena94710 ай бұрын

    Unsubscribed.

  • @nidhishshivashankar4885

    @nidhishshivashankar4885

    10 ай бұрын

    Lmao what the heck did he do wrong

  • @pures1n

    @pures1n

    10 ай бұрын

    why u mad bud? was a decent video

  • @BlackRain_

    @BlackRain_

    10 ай бұрын

    The fruity affectations are a struggle to get through. The BS makes it even harder. Maximum qveer settings to overload!

  • @marrlena947

    @marrlena947

    10 ай бұрын

    I've found the content of this channel to be less and less interesting as the focus goes more and more money/tax oriented. It's got no more soul!

  • @catzee4720
    @catzee47209 ай бұрын

    wow, the ego's needed to be checked out the door, what country is that in? Instead of all the flexing on their money on the internet