Watch on YouTube
Your $1,000,000 Debt
This video does not allow embedding, so you get a static preview and a link to the original.
Key takeaways
- He said, "It costs you $950,000 every single year you don't know how to make a million dollars a year." Whatever [music] I want to have, the delta between where I'm at and where that thing is is what I'm willing to sacrifice [music] to get there.
Chapters
-
0:00
Abschnitt 1 He wrote a million dollars on a whiteboard.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00He wrote a million dollars on a whiteboard. And called up a lady in the audience and he said, [music] "How much do you make?" And she said, "$50,000 a year." So he wrote $50,000 underneath of a million and he subtracted it. He said, "It costs you $950,000 every single year you don't know how to make a million dollars a year." Whatever [music] I want to have, the delta between where I'm at and where that thing is is what I'm willing to sacrifice [music] to get there. Well, you can keep going. What about a hundred million dollars a year or a billion dollars a year? Yes, if you had the skill [music] of making a billion dollars a year, then the difference between 50,000 and a billion is the delta of the value of that skill.