What is the series about?

The series explores personal insights and strategies on generating revenue and building financial foundations.

How did the speaker start to accumulate capital?

By maximizing education opportunities and strategically enhancing career growth, including moving for job opportunities and improving skills.

What educational background does the speaker have?

The speaker completed an MBA, which was the starting point for their business level-up.

What strategies were used to increase job revenue?

Seeking the highest starting salary, negotiating job offers, becoming invaluable within roles, and moving for better opportunities.

How did the speaker diversify income sources?

Through real estate investments, savings accounts, CDs, and dividend stocks.

What lessons does the speaker emphasize for career growth?

To focus on offering value, securing champions in the workforce, and being proactive in career management.

Why does the speaker think it’s important to find a champion at work?

Champions support promotion and recognition within the company, which helps in career advancement.

What is the significance of switching jobs periodically?

It often results in a 20% salary increase and provides new opportunities for negotiation and growth.

What is a key takeaway about revenue streams?

Diversifying revenue streams is crucial for financial security and growth.

Why should you not only rely on surviving financially?

To thrive, it's necessary to move beyond basic survival and actively manage and increase revenue streams.

PART 3 // Revenue - Life Hacking to $3M and Financial Freedom

00:07:44

https://www.youtube.com/watch?v=VkcaeRoBia8

Summary

TLDRThis video delves into the speaker's personal journey of generating capital to invest in significant ventures, such as real estate. Beginning with a foundation built on education, the speaker highlights strategic career advancements through obtaining an MBA, skillful job negotiations, and willingness to relocate for better opportunities. Key takeaways emphasize the importance of increasing one's value in the job market, establishing internal 'champions' to advocate during career advancements, and diversifying income sources beyond a primary job, including ventures in real estate and financial investments like CDs and dividend stocks. The speaker encourages active management over financial and career growth, imploring viewers to find personal ways to level up and diversify their revenue streams.

Takeaways

🔍 Focus on your own value in the job market.
🎓 Consider diversifying your education for better opportunities.
🤝 Find a champion within your workplace to advocate for you.
📈 Diversify income sources for financial stability.
🌍 Be open to relocating for better job prospects.
💪 Be proactive in career and financial management.
💡 Explore high-demand medical certifications for alternative paths.
📚 Stay informed about competitive salaries and skill demands.
🚀 Never settle; continuously look for opportunities to level up.
💰 Invest strategically in dividend stocks and other revenue-generating avenues.

Timeline

00:00:00 - 00:07:44
The speaker begins by addressing a community interested in maximizing their revenue and explains that this video is part of a series aimed at sharing personal experiences about accumulating capital for investment. The speaker stresses the importance of identifying one’s training ground and seeking ways to increase one's value in the marketplace. They highlight that transitioning to high-demand, well-paying fields can enhance revenue, giving examples of medical technician roles. The speaker shares their personal journey of obtaining an MBA and using strategic job interviews and negotiations to maximize income. The importance of having a champion within the workplace who advocates for your promotion is discussed. They continue by sharing how they progressed in their career and increased their revenue by being willing to relocate and take on new roles. Furthermore, the speaker notes the significance of becoming invaluable in the workplace to leverage one's skills effectively.

Mind Map

Video Q&A

What is the series about?
The series explores personal insights and strategies on generating revenue and building financial foundations.
How did the speaker start to accumulate capital?
By maximizing education opportunities and strategically enhancing career growth, including moving for job opportunities and improving skills.
What educational background does the speaker have?
The speaker completed an MBA, which was the starting point for their business level-up.
What strategies were used to increase job revenue?
Seeking the highest starting salary, negotiating job offers, becoming invaluable within roles, and moving for better opportunities.
How did the speaker diversify income sources?
Through real estate investments, savings accounts, CDs, and dividend stocks.
What lessons does the speaker emphasize for career growth?
To focus on offering value, securing champions in the workforce, and being proactive in career management.
Why does the speaker think it’s important to find a champion at work?
Champions support promotion and recognition within the company, which helps in career advancement.
What is the significance of switching jobs periodically?
It often results in a 20% salary increase and provides new opportunities for negotiation and growth.
What is a key takeaway about revenue streams?
Diversifying revenue streams is crucial for financial security and growth.
Why should you not only rely on surviving financially?
To thrive, it's necessary to move beyond basic survival and actively manage and increase revenue streams.

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Subtitles

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00:00:00
hi dreamers let's dive into the RN
00:00:03
dreams and it stands for Revenue as I've
00:00:06
said before this series is going to be
00:00:08
more personal as I attempt to answer the
00:00:10
question many of you have asked which is
00:00:11
how did I get the capital in the first
00:00:13
place to invest that 1.5 million dollars
00:00:16
now if you haven't seen the intro or
00:00:18
that D video for this series I encourage
00:00:21
you to go back and watch those first
00:00:22
then this one so let's continue the
00:00:24
story and lessons at this point I'm
00:00:27
through college and grad school and
00:00:28
about to focus on building income now
00:00:30
let me be clear you and me we are the
00:00:34
same do you hear me no matter what your
00:00:37
training ground is this community is
00:00:39
here to unite around forward progress so
00:00:43
the first question to ask yourself is
00:00:45
what is your chosen training ground what
00:00:48
is the next level how do you go from
00:00:50
where you are now to a level up there
00:00:53
are trade schools certifications
00:00:55
apprenticeships I don't care what your
00:00:57
training ground is the first lesson in
00:01:00
maximizing in your Revenue especially
00:01:02
when you're starting from no money is to
00:01:05
focus on your own value just like the
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stock market the job market is called a
00:01:12
market for a reason it's about demand
00:01:14
and how much someone will pay for what
00:01:17
you can offer if you're in a field
00:01:19
you're not happy with or that you've
00:01:21
found doesn't pay well switch do
00:01:25
research on other fields heck there are
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some medical jobs that require less than
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two years certification and they're
00:01:31
desperate for people offering 50 60 70
00:01:34
80 000 for technicians look for the
00:01:37
intersection of something you're
00:01:38
interested in could be good at and pays
00:01:42
well my level up in business was an MBA
00:01:45
that was just my path but honestly if I
00:01:48
picked another path I would have found a
00:01:49
level up there too just find it think
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what is it then go do it
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but that's not the end of the story in
00:01:59
focusing on Revenue are you ready for
00:02:01
what I did getting an MBA was just the
00:02:04
beginning I was just getting started
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because my education was the only
00:02:09
investment I had I had to make it count
00:02:12
and I knew it so I was focused on how to
00:02:15
maximize at every turn here's what I did
00:02:17
I interviewed with as many employers as
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would entertain me why to get the
00:02:22
broadest potential of starting salary
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offers I could find then I accepted the
00:02:27
most enticing one and negotiated the
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most I could once getting the job I made
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myself invaluable to All Above me to the
00:02:36
side and working for me I did favors did
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extra work extra mentorship helped
00:02:42
everyone in addition to just work
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satisfaction no one wanted to see me
00:02:47
leave due to this in two to three years
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I started looking for my next
00:02:51
opportunity internally and externally at
00:02:54
this point I had many champions who made
00:02:56
it clear to me management I should be
00:02:58
kept so a promotion came my way and
00:03:01
that's another lesson to get ahead you
00:03:03
will likely need a champion you need
00:03:06
someone in those budget meetings saying
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hey this is someone we want to keep and
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promote if you don't have that right now
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you might not be in a good position to
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rise up and so back to the story two to
00:03:18
three years later I start looking for my
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next opportunity I was willing to do
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whatever it took so I ended up moving
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States for a bigger job that came my way
00:03:28
and that's another lesson what are you
00:03:30
willing to do to level up I moved and
00:03:34
worked at a new job in an unknown City
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and guess what I did two to three years
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later I looked for my next opportunity
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every time I switched jobs I gained
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about 20 percent more I worked in
00:03:47
multiple States I started to become very
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good at negotiating either this day or
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go I wanted more stock signing bonus
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yearly bonus profit sharing you name aim
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it but I was very valuable too and
00:03:59
that's the part you can't forget this
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doesn't work if you don't have the value
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to leverage with each different
00:04:06
experience I actually got more valuable
00:04:09
and also got good at making sure there
00:04:12
was a separation or Severance agreement
00:04:15
in place which is more common as you
00:04:17
rise up in rank and a couple times I got
00:04:20
Severance as I was also starting a new
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job so essentially being paid double for
00:04:27
six months or more
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okay any questions you got that that's
00:04:35
job Revenue once you master that Revenue
00:04:37
you start looking for other sources for
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me I bought a house lived in it moved
00:04:43
but kept it and started renting that out
00:04:45
so that was one of my first additional
00:04:47
sources of revenue once I got my debt
00:04:50
under some control and had a little
00:04:52
money left over I started thinking about
00:04:54
how to put that money to work I put some
00:04:56
money into a higher interest savings
00:04:58
account like discover which is now at
00:05:01
three percent just for savings then I
00:05:04
started putting it into CDs which
00:05:06
started kicking off interest I liked
00:05:08
that but then as I got more comfortable
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and sophisticated I started putting
00:05:13
money into dividend stocks which I have
00:05:15
about 60 videos on this channel so far
00:05:18
so you know all about that okay so if I
00:05:21
had to sum all this up here's the main
00:05:24
takeaways you should have from all of
00:05:26
this the first one is you can't Thrive
00:05:29
if you are just surviving get out of
00:05:33
survival mode as fast as possible and as
00:05:36
early in life as possible but to do that
00:05:39
the second thing is you need to start
00:05:42
thinking about how to actively take
00:05:44
control of your job Revenue take the
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steering wheel with both hands and think
00:05:49
about the value you can offer try to
00:05:52
think about it objectively what do you
00:05:54
need to do to be more in demand what are
00:05:57
you willing to do to make that happen
00:05:59
take a class spend money on a
00:06:02
certification move States move jobs and
00:06:05
the third thing is once you have that
00:06:07
job look for a champion if you don't
00:06:11
have one then you need to become your
00:06:13
own Champion I once had a guy that
00:06:15
reported to me come every year with a
00:06:17
booklet that he prepared for me
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outlining his accomplishments
00:06:21
deliverables new certifications new
00:06:24
skills competitive salaries out there
00:06:26
that were higher than his and oh by the
00:06:29
way he appreciated Mike consideration
00:06:32
wow I remember thinking this is what
00:06:36
guys do that women don't we wait around
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for someone to notice us sorry but
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everyone is too busy and stressed out to
00:06:44
be thinking constantly about what you
00:06:47
need you've got to know that it's not
00:06:49
personal don't let the years go by
00:06:52
without taking action and the last
00:06:55
takeaway is diversify your Revenue
00:06:57
sources as time goes on once you have
00:07:00
some money start optimizing it as well
00:07:02
so that it starts to build as a separate
00:07:05
Revenue source and there's so many ways
00:07:09
to make additional Revenue just through
00:07:11
the internet or your phone these days
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and voila you can see how if you have
00:07:18
many horses pulling your wagon you start
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to really accelerate well that's it for
00:07:24
today the next video in the series will
00:07:26
be the E part of the equation another
00:07:29
part I attacked and continued to attack
00:07:32
relentlessly what do you suppose it is
00:07:34
as a reminder I'm not a financial
00:07:36
advisor so keep in mind these videos are
00:07:39
for entertainment and inspiration only
00:07:40
I'll see you on the flip side