I Met 25 Billionaires… Here's 6 Lessons They Taught Me
I've got the insider scoop on billionaires you won't find anywhere else! I've sat down with multiple billionaires and soaked up their wisdom firsthand. In this video, I reveal six game-changing billionaire tips that'll rock your world.
Ever wonder why there are no employee billionaires? Or how they make ten figures doing just one thing? We're diving into that and more.
📝 FREE Cheatsheet of These Billionaires Lessons: noahkagan.com/billionaire/
💸 Need help starting a business?: milliondollarweekend.com/ 💸
📚 Buy my book on Amazon: bit.ly/buy-million-dollar-weekend
Link to FULL Interviews Featured in This Video
- John Paul DeJoria (Patron and Paul Mitchell Founder): • How I Turned $300 Into...
- Michael Hudner (Shipping Magnate): • Asking A 76 Year Old S...
- Larry Janesky. (Blue Collar Billionaire): • Meet The Billionaire t...
- James Private Jet Interview: • Asking A Billionaire H...
- Paul Orfalea (Kinkos Founder): • How I Turned $5,000 In...
Timestamps:
00:00 - Intro
00:44 - Why Are There No Employee Billionaires?
03:44 - How Billionaires Create Their Market
07:29 - Billionaires Are Okay Being Boring
11:23 - Billionaires’ attitude towards money NEVER changes
15:52 - Billionaires Make 10 Figures Doing 1 Thing
17:40 - Do Billionaires Pay The Price?
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Пікірлер: 370
James on the jet was without a doubt the best interview I've ever watched.
@noahkagan
Ай бұрын
It’s was one of the greats for sure! More to come 😎
@heheheha9094
Ай бұрын
Fr what a clarity of mind and expression he had.
@oj2314
Ай бұрын
Humble guy
@RR-et6zp
Ай бұрын
@@heheheha9094 hes not very aware of inter gender dynamics
@RR-et6zp
Ай бұрын
@@oj2314 hes not very aware of inter gender dynamics and got famoosed
“The best get-rich scheme ever”
@sarahfletcher01
14 күн бұрын
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
@sarahfletcher01
14 күн бұрын
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.
@sarahfletcher01
Күн бұрын
FinanciaI-PIanner Rebecca Mart-Watson (in fuII)
Based on the summary of the video, here are some actionable lessons in bullet points: * **Become your own boss:** Don't rely on a W-2 job to become a billionaire. Pursue entrepreneurship and take ownership of your work. * **Identify and create new markets:** Look for unmet needs or gaps in the market and create solutions for them. Don't be afraid to chase seemingly crazy ideas. * **Be persistent:** Building a successful billion-dollar company takes time and perseverance. Believe in yourself and your vision even when faced with initial challenges.
Just ended a college presentation, most of the audience was on their phone, professors didn’t know a word of what I said, now listening Noah’s wisdom to refill my confidence❤
@RoryBland
Ай бұрын
Fr! Hang in there!
@canadude6401
Ай бұрын
My professor in college used to start every class saying "sex, drugs, money" to get people's attention. Worked every time. Try to pepper your presentation with "wake up sentences". Even if you are not religious, watch the evangelists' speak,....it's ridiculous, but they really belt out the message to keep people engaged!
@mariocartzl
Ай бұрын
@@canadude6401 Omg, thats some good advice! It's kinda my fault I dont get the attention I am supposed to. Ty :)
@nonefvnfvnjnjnjevjenjvonej3384
Ай бұрын
you are probably in a shit college. if you are at cambridge or stanford or harvard you will be amongst billionaires
@mariocartzl
Ай бұрын
@@nonefvnfvnjnjnjevjenjvonej3384 Damn, you are right. I mean... I can't blame my college. I worked hard onto the wrong thing (college) lol
Cool! But you should read a book of Artur Grandi “Grand Time”, coz it’s conveys a completely different view of making money, that we have during ages! This guy from Silicon Valley created his unique formula of healing world’s financial system and I’m sure that our future should be ruled by such a genius venture projects, which would bring us to a very happy life without slavery skills!
@oscard9429
Ай бұрын
Please expand on this?
@sttatyana24
Ай бұрын
I can only advice you to read this book on Amazon, coz only reading could make you understand what I meant!
@Rangtaluck
Ай бұрын
Grand Time
I've been watching your channel since day one. They're gettign so good, the graphics are great! I love the bite size knowledge too. 👏👏👏
The Poor stay poor by acting rich. The rich stay rich by acting poor.
@Andreandre2xx
29 күн бұрын
Not true but ok
@euphrates74
28 күн бұрын
So true, in most legit cases.
@brendagriffin6742
21 күн бұрын
So true❤
@kalvinlye7893
19 күн бұрын
So what’s the point of being rich and live like a broke? It’s like saving sex for old age !
Great content as always! You are currently one of my favourite channels on KZread 👍
Um, I'm pivoting my live and I haven't had success yet. However, what is being said in this video and the interviews is resonating. Hearing James's experience of how he saw his own value. With myself being a former enlisted Marine, and hearing James say he turned down 100k to re-enlist because his happiness value was greater than the money value. Then hearing him say, No, to an employer, because they were demanding that he do the job of three people but at the same pay. He didn't roll over an accept that...look at him now. This is powerful and empowering. Thank you for sharing.
Your shirt and background fit perfectly together!
I would love to learn more. Thank you for an awesome episode!
One of your greatest gifts is your ability to share your knowledge and in a humble way. Thank you! Every video I've watched of yours has been phenomenal and well worth my time.
Love you, your channel and all of the knowledge obtained from it. God bless
Really enjoyed this one my man. That neon taco never gets old either 😂
So good. This content is so needed man.
You look like a Honda crx kind of guy 😏 love the content and your podcast with Chris Williamson. Keep it up! 🤘
@noahkagan
Ай бұрын
CRX
@prasannakarthik7721
Ай бұрын
@@noahkagan With the right spec and mods that's a cool car to drive as a billionaire lol. Much better than those supercars which are a huge pain in the ass to own😂 I would happily drive a 2009 Honda Accord V6 or a modded Skoda Octavia if I'm a billionaire. (I'm from India btw)
Solid insights on the billionaire mindset, especially the part about creating their market. For entrepreneurs, remember that market creation often involves educating your audience, not just selling to them - it's about creating the need and then fulfilling it.
Noah Kagan is next level! Thank you for bringing these wealth of knowledge to us.
It is important to know your Enough! Although billionaire status is achievable, as you said, “The level of sacrifice is not worth it.” The missed life opportunity cost to get there leaves a lot of relationships and life experiences unfulfilled.
Very very good video!! Thank you!! So much value in it.
Noah, I love your stuff interviewing people that build something. This may be completely off-topic, I'd love to see a long reaction vid of the HBO show silicon valley
I remember watching this interview... I changed a lot of ways I think after what this man said
Great video keep on making more
So many gems here: instead of being a rote tutorial, we’re all able to walk away from this with more life wisdom about being purposeful entrepreneurs. Awesome content Noah, thanks for looking out to make sure we pave our way to entrepreneurship success with deliberate thought, self-awareness and most importantly a solid dose of reality!
Great video packed full of wisdom always love your content! ❤
killer edit! great work to the team!
@HastaLuegoFromDiego
Ай бұрын
The team sends kind regards! 😎
The four videos in the description are my favourite videos. I even quoted the shipping magnate on twitter and KZread comments.
Such a holistic video, great perspective!!
@noahkagan
Ай бұрын
Glad it was helpful!
Nice Video Noah! 🙌🏽
Very well said man, thanks. Keep getting it & painting. Peew peeew.
@noahkagan
Ай бұрын
You bet! Pew Pew!
I dislike being overcharged in restaurants, but I like overtipping when the service is good. And I rarely go to restaurants. Great interview. Money is not the engine of your boat. It is the wake that follows it. It is not a motivation. It is a consequence. When you steer your boat well and love what you are doing, money follows you.
This video hit home man!
Thanks a lot for your wisdom.🙏
@mementomori29231
Ай бұрын
Not real wisdom. We're looking at NBA legend all stars here. Look at how many people tried to be in the NBA and failed, how many in the NBA failed, how many were mediocre. Yes sexy to talk about the super successful, but be aware of the risks and luck required. And do you really want to be a billionaire? I'd rather have a fulfilling life where I have enough.
I really relate to James. Thanks for doing that interview. As I go from Corporate to working for myself, you make business/financial decisions that can sink you. I really relate to the 60!!! dollar steak. I do feel like someone slaps me across the face when its a blatant ripoff. I have one rule: "don't argue with money.".
Strong video, Noah. A thoughtful way of compiling this valuable information. Thank you!
@noahkagan
Ай бұрын
My pleasure! Will try to do more of them as the guests get bigger!
@josiahmarr6059
27 күн бұрын
@@noahkagan Awesome, I'm looking forward to it.
Great video, thanks Noah. Tell your video editors that they need more aware of the EYE-LINE. They're constantly changing it which something is a bit dizzy to watch this video.
Love these lessons! Well done 🎉
@noahkagan
Ай бұрын
Turns out billionaires know what they’re talking about!
@AliasHSW
Ай бұрын
Driving CRX is nothing to be lol. It’s a boss back in period, and is still the bomb!
Awesome Video. Thanks for that
@noahkagan
Ай бұрын
You bet!
The best financial KZread channel for everyday people. Your advice has been a game changer for me and my family. Thank you!
@BendyChoy
Ай бұрын
It is very crucial to know that planning to earn in today's market is an intricate process that necessitates not only strategic foresight but also expert guidance. It's paramount to align ourselves with seasoned financial advisors who can steer our investments toward optimal growth.
@georgeearling905
Ай бұрын
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
@rodgertim2881
Ай бұрын
Absolutely. I recently connected with Folmar Advisory, a reputable advisory firm that matches individuals with skilled financial advisors. Their personalized approach has had a positive impact on my financial journey.
@ClayneBanks
Ай бұрын
FOLMAR ADVISORY sounds interesting. How did you find them?
@rodgertim2881
Ай бұрын
I discovered Folmar Advisory through online search of the name. Their commitment to client satisfaction and financial education is impressive. They connect clients with advisors who align with their goals and values.
Solid Vid 👌
A Big Shout Out To Your Video Editing Team Great Job Guys.
@Kidemeye
Ай бұрын
Thanks man!!
It's cleared my way thanks man
Much value. God bless!❤
Noah. You are awesome❤
cheers... (thumbs up) Do one on the billionaire humanoid assistant revolution. 10:01 He is underestimating robotics... for sure.
Noah you rock man !
Well constructed video
Hi can you link your podcasts in your shorts? Also at what age did you become a millionaire? And started appsumo?
@noahkagan
Ай бұрын
Noahkagan.com/podcast
great video - thank you
@noahkagan
Ай бұрын
Glad it was helpful!
Hey Good inspiring video!
Your CRX looked dope.
@noahkagan
Ай бұрын
It was indeed 😎
Great video as usual but bro i find that one thing thats works out for me but the thing is the market isnt that big so what should i do....
@thelifewithnate
Ай бұрын
As cliche as it sounds, create your own niche. Develop some products in said niche and build upon it with time. Initially, you won't get anything but over a couple of years, it can grow!
@noahkagan
Ай бұрын
Love it when subscribers give other subscribers great advice 😎
Steve Balmer is a billionaire employee too! It’s pretty much impossible but there have been a couple
Mr John Paul Dejoria is always patience and courageous. This could be some of the secrets of his success. Right from the time he was homeless for many years to the time he started hair /cosmetic industry and; the time he started selling Patron Tequila, one will discover that he is always patience and courageous. I think patience and courage could be some of secrets to a successful life. Or an old adage which says 'Rome was not built in a day'. Thanks for this documentary. I love that. I wish you all the best of luck.
My Dad was always working when I was growing up 80hrs a week. I never saw him. With a divorce by my mom because she was lonely. ( understandable ). My dad made a life. Started a successful business and current till this day. He proud and he should be. But we will always remember not having him around. Ok to be dramatic lol My pops and I are great now but I think family is the most important thing. My wife, my kids. All they need is for me to be around and be apart of they’re lives. Moneys second for me or wealth. Always has been. I thank my Dad for that.
@elsabetsolomon9627
Ай бұрын
This is why making money early is a key!! Start early!!
@LauranChilds
Ай бұрын
You're rich already with your family. ❤🎉
@missgui4400
Ай бұрын
Your dad sacrificed his life so you don’t have to. ❤
@margretsusngi
Ай бұрын
That's why they said build your career first before settling down.
Great video!
Billionaire's just do one thing. Elon: Hold my beer.
@noahkagan
Ай бұрын
😅
@El_Diablo_12
Ай бұрын
Elon got to 100 million before diversifying. Maybe we shouldn’t compare ourselves 😂
@nonefvnfvnjnjnjevjenjvonej3384
Ай бұрын
elon was already a top socialite in la through his mother and was loaded with money through his dad's emerald mine. people dont know these stories but all these people were super connected. you are not becoming a billionaire unless you have that kind of luck.
@plantskywalka
Ай бұрын
John does patron too 😅
@humbledreamer88
Ай бұрын
That's why he's a multi centibillionaire.. 😂
w video thank you brother noah
Brother, your content is riveting. Billionaire mindset content. Keep it coming!
@noahkagan
Ай бұрын
Oh you bet there’s more where that came from 😎
Thank you!
Wow. Powerful info. You did a great job giving billionaire status a reality check with the close on sacrifice 😮
I love how much value in just one video!
KEEP THIS COMING
Excellent video !!!!!!!!!!!!
@noahkagan
Ай бұрын
Let me know what other videos you would like to see!
From now on, I'mma grab a beer and cigar and give every video of you a watch.
@noahkagan
Ай бұрын
That sounds like a good day to me! Appreciate it.
Does anyone know where can I get the music from the intro? Yt library or what? :)
Where did they get the money to start if they did not become a employee first??
Before I finish this video, I want to state that I want that shirt you're wearing!
That’s a 5 taco 🌮 video right there Noah 😎
Low cost lifestyle. Billionaires create their market. Okay being boring. Their attitude towards money never changes, Billionaires make 10 figures doing just one thing. Billionaires pay the price.
Even though he doesn’t exactly say it explicitly, the upshot of these lessons is that they apply at every level of money. That is, you can apply them starting where you’re at now, at the appropriate scale and context of your money situation, and then the principles scale as your money grows. So he is talking about the thousands. It’s just up to us to digest the principles and figure out how they best apply to our own lives.
Hahaha well, I see you still had fun during your LCL. Driving a turbo CRX fun little car.
That Honda has a huge intercooler !!!
Noah, dawg - thank you so much for this. The value, insights, and principles you are providing are both inspiring, and thought-provoking, but also actionable. I doubt you will see this, but I'd love to say thank you to you by offering you a gift to commemorate the day you were fired from FB, or another day of your choosing. I've written software that takes an input of date/time/location, and it visualizes global weather patterns, with annotations of the weather at that area at that time. Those visualizations then go on either a, poster, t shirt, mug, or canvas (I'd like to hook you up with a canvas). If we can make this happen, I would be grateful. You have changed my life, and that's how I'd like to say thanks.
@thelifewithnate
Ай бұрын
That's awesome mate! Glad you got a lot of value from the video, I hope he does see that. Liking and commenting to push it up higher!
@mitchdotearth
Ай бұрын
@@thelifewithnate Thanks Nate!
Steve Ballmer is literally an employee billionaire
@maxhubner_
Ай бұрын
thought the same thing - forbes says there are 26 billionaire employees
@blakecpa
21 күн бұрын
@@maxhubner_ Which means there are 2614 billionaire non-employees. Wake up, bro.
@maxhubner_
21 күн бұрын
@@blakecpa what should I wake up from? I'm not trying to make a billion dollar salary
Not everybody is meant to be self employed. Otherwise who will serve us when we go to various offices for services? I'm a business lady, i love business but i also respect those employed. That's their calling.
U are gona be one soon Noah! 🎉
Steve Ballmer also employee
what are your thoughts on people like Iman Gadzhi
Can you do a video on people starting leter in life woth a business .. its never too late to start a business .. could you interview soem late bloomers ..? 😀
Love from India 🇮🇳 bro
@noahkagan
Ай бұрын
Love from Texas 🤠bro
Hey Noah! Great video. Is YOUR dream to be a billionaire? Just curious
@noahkagan
Ай бұрын
Not at all. Happy where I’m at.
Noah is excellent ❤
@EvieDiazSpeaks
Ай бұрын
YES 👍
@EvieDiazSpeaks
Ай бұрын
YES 👍
Thank you so very much. 😊
On being careful with what you spend, overpaying for things gives agency to the vendor to charge too much which then prices people of lesser means out of a particular market.
- Could the reason you don't like to pay $20k for business class perhaps be that your frugal lifestyle used to be your ticket to freedom, a badge of honor... I'm suggesting this because that's what it feels like for me right now (I'm still hustling). Money is a precious resource because it's your freedom. And perhaps another part of the explanation may be our competitive nature. - Amen to: "Mr. Hudner is an amazing human." - "Start betting on yourself, say no to more things and yes to things I feel worthy about" - and James was so refreshingly real!
Man I love this guy
@noahkagan
Ай бұрын
Right back at ya!
Amazing video 📸
@noahkagan
Ай бұрын
If this video was amazing, wait till you see what's next! 😉
🔥once again Noah! Send out the 🚒 I started wearing boring non-branded comfortable clothes about 10 years ago, because I don't want attention or people looking at me. It's kinda fun keeping a low profile and nobody can tell if I am working at McDonalds or a running a huge 100 million dollar company.
Would you consider Jamie dimon to be an employee?
love it!
Uncle Noah, i am from India and i am planning to migrate to US to pursue my master's degree. Any financial or other advice to achieve American dream ?
There's also luck involved, being the right man at the right time. When Microsoft went public, Bill Gates was amazed by its value, he couldn't have imagined it.
Good stuff.
Tim cook is another billionaire employee
@danielarak
Ай бұрын
Steve Ballmer another great example of
I read your book mdw❤ and i haven’t found a winning idea yet . 😢
Actually Steve Ballmer was an employee so yes it is possible to become a billionaire without being your own boss. He took shares while at Microsoft I believe and made his wealth like that.
@theblackpuma9
Ай бұрын
Yes it’s possible but it’s the Exception not the rule. You have to be one of the first employees and have a very unique skill set on a rocket ship.
@rickhmason
Ай бұрын
@@theblackpuma9 A strong number two at a rocket ship startup can become a billionaire from a paycheck as long as they are a great negotiator on the stock package when they join. It is also much less risky than actually creating the startup. But I can speak from experience it is neither as much fun or as fulfilling ;
@timothysullysullivan2571
Ай бұрын
Just make sure you room with a Bill Gates in college....
@unclezizo
Ай бұрын
He didn't become a billionaire from salary, rather from investments (owning Microsoft stock)
There actually is a mathematical genius that was an employee, with a billion plus, W2. I thought that was insane. “James Simons,” his take-home pay was $1.7 billion. According to this professor at MIT.
Funny how there are many billionaires who have made their wealth from selling really expensive stuff like real estate or luxury goods but yet they themselves live frugally.
Absolutely Loved it!!!!