My First Million The New WeWork, How to Make $10M In 3 Months, and More
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Aug 18, 2022 Dive into the next big venture of WeWork's Adam Neumann! Learn practical strategies for making $10 million in just three months. Explore the staggering expenses of living luxuriously in cities like New York and the dynamic balance between ambition and innovation in entrepreneurship. Enjoy a humorous take on the quirks of success, along with a critique of viral vulnerability on LinkedIn that raises eyebrows. This lively discussion is packed with insights and laughs!
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NYC Living Costs
- Sam Parr explored NYC real estate, finding desired homes cost $5-8 million, requiring substantial down payments and monthly expenses.
- Considering additional costs like furnishing, childcare, and taxes, he realized maintaining this lifestyle necessitates a $1.2 million annual income.
Wealth Accumulation
- Many high-value homeowners have inherited wealth or bought properties years ago at significantly lower prices. This allows them to maintain expensive lifestyles seemingly beyond their current means.
- Earning a high income consistently for years is crucial for accumulating significant wealth, especially considering high taxes in places like NYC.
Ambitious Goals
- Set ambitious financial goals, even seemingly unrealistic ones like making $10 million in three months. Studying others who have achieved similar feats can inspire and reveal potential paths.
- Break down large goals into smaller, actionable steps and study examples of others' successes to make seemingly impossible goals achievable.