@stachowi
As a business owner of 15 years… it’s much harder than you think and factor some luck in there
@scottwhitlock8559
The entire point of The Millionaire Next Door was that most wealthy people don't have private jets or wear really expensive suits. They drive a Buick and drink Budweiser. But they accumulate wealth at a significantly higher rate than the average person.
@jimjam6510
I think something missing from this is that most successful business owners spend years in the industry they own a business in so that they understand how that business/ industry works inside and out.
@ingraban98
This report implies that all entrepreneurs are successful. In your statistic, you should not forget the failed businesses. And former business owners now drowning in debt.
@CaronN11
It’s crazy how much we don’t know about money. After reading ‘Riches by Design’, I started making small changes and I feel like a different person. This book is powerful.
@OMG-ho8nk
What about the people just wanting to have a normal life, with enough money to have a family, and a house living on one wage? This used to be the American dream
@MaximBordyug.
This truly is an exhаustіng time to be an American
@jan2000nl
I threw 50 coins in the air and selected those that landed heads. Then keep repeating until only one coin remained. I then interview this coin on how it defied odds to land heads 5 times in a row. It was down to hard work......
@OweEyeSea
Auto dealers are wealthy because of high barriers to entry, lobbied state government protections, and corrupt business practices. All paid for by the consumers. Distributors are wealthy because of monopolistic and collusionary business practices. Squeezing both the suppliers and buyers.
@danieldavis6928
So......."America is still the land of opportunity... Just not for wage earners or the 90% whose business failed throughout all these financial crisises in the last few decades. Good Luck"
@kirkb3473
One big reason it’s not so popular not just with young people today, but all generations is that it is a lot of freaking work to build a small business and success is certainly not guaranteed. Working 100 hour work weeks for years on end before the money starts flowing isn’t glamorous, nor particularly great for your health or relationships…but that’s often what it takes & a big reason why few actually make it.
@skydiveraj22
Most people miss the point. You don’t need a yacht or jet to prove you’re wealthy—those are liabilities, not goals. The video highlights what’s possible, not guaranteed. Yes, many small businesses fail, but many also succeed quietly—often without college degrees, loans, or big overhead. Real wealth is built slowly, by providing value, living below your means, and reinvesting over time. A small business doesn’t need to have several employees, they can just start with one with a professional certification (engineering, wealth management, consulting, etc.) and gradually take on more clients and more work, building up a reputation. It takes years but it can be done.
@pamelajensen5961
Billionaires are like, don’t go to college, we need more people to service us!!
@hallorwalahfrid6074
Most people think it's all about money, but the real shift happens when you change your mindset. When I got into the Mastery Collection by Caden Rivers (from mindbloomery), it really changed how I approach everything. Time, energy, emotions. You realize that the top 1% don't just think differently, they live differently. Quiet focus, discipline and clarity. That's the real flex you want in your life :)
@projectchantalson831
Why getting rich is goal of life? Can someone just make enough to have a saving and have a decent life? Majority of people waste their life to chase something they are going to leave behind.
@Cupi-p7r
I used to think success was all about working harder. Then I read Invisible Laws of Prosperity by Oliver Pierce, and it completely shifted my mindset. It’s amazing how much clarity can come from the right book.
@dharmabum1230
How about we just stop hoping to achieve becoming millionaires. I own a salon and it's enough. This entire clip was so stupid
@heathermetz6576
"Strive to establish a medium-sized regional business, seek to deliver goods and services, and you will prosper."
@hunterfitch5951
I’m a general contractor that specializes in door and window installation. Every one of my installers makes over $150k/year and I typically pull in over $500k.
@ChristianJacquet9