It’s Easier To Make $1M Than It Is To Make $100K

Summary

• It's easier to make a million dollars than $100,000 because the approach to earning changes.
• When given a big task, think about how you can use different tools and strategies to achieve it faster.
• Earning $100,000 usually means trading your time for hourly wages or a salary, which limits how much you can earn.
• To make more money, like a million or ten million, you need to use smarter methods, such as leveraging resources and improving efficiency.
• Always seek ways to improve your approach, like getting better tools or changing your methods, to achieve goals quicker and more efficiently.

Video

How To Take Action

I would suggest implementing some smart strategies to achieve your goals faster and more efficiently. Here are a few steps to get you started:

Think Bigger

• Shift Your Mindset: Instead of thinking about just meeting small targets like making $100,000, think about what it would take to earn a million dollars. This shift will push you to look for smarter, not harder, ways to achieve your goals.

Leverage Resources

• Use Tools and Technology: Look for tools that can automate tasks or make them easier. For example, use software for administration tasks or marketing automation platforms to reach more customers with less effort.

Improve Efficiency

• Optimize Your Methods: Constantly evaluate and improve how you are doing things. Are there steps in your process that can be cut out or done faster? Maybe outsourcing certain tasks can free up your time for higher-value activities.

Stop Trading Time for Money

• Build Scalable Systems: Think about ways to make money that don't directly trade time for dollars. This might be creating an online course, a product, or even a service that can be delivered by others.

Learn and Adapt

• Continuous Learning: Always seek new information and techniques to get better. Attend workshops, read books, or even watch online tutorials that teach new skills or offer better ways of doing tasks.

Network Strategically

• Collaborate: Find people who can complement your skills and work together to achieve bigger goals. This expands your reach and capabilities without solely relying on your efforts.

By applying these strategies, you can save time and effort, allowing you to focus on activities that drive the most value and bring you closer to achieving larger financial milestones.

Full Transcript

it's easier to make a million do than it is to make $100,000 if I told you to go down the block you would go at a certain speed if I said go as fast as you possibly can at some point you'd run and then you'd improve your form and you get better Footwear and then You' change your clothes but at some point you wouldn't be able to run any harder or any faster to get there but if I said I need you to go five blocks you might be like huh okay now some people will then try to walk or run that but the Smart Cookie then says huh I could take a car and I would go a hell of a a lot faster if I'm speeding in my car I'll probably get to the fifth block before the other guy gets to the end of the first block you use different tools to accomplish the objective the reason $100,000 per year is the hardest amount of money to make is because it assumes for most people that they will trade their time in terms of hourly wages or salary and traditional work in order to get it and so they have to spend all of their time in order to make the $100,000 if I said make a million or even 10 million you would know that you would have to use a different way of solving that problem