I've been fortunate enough to have been earning over 500k a year in sales since my early 30s which has been almost a decade now so today I'm going to share with you the raw reality of what it's like things I didn't realize and how it's impacted my life if you say at the end I'll even share with you the number one mistake I made that cost me Lally hundreds of thousand dollars she me way smarter than me if you don't know who I am I'm Marcus Shen I help B2B sales people and teams install sales
playbooks to help them blow out their sales targets Max or comp plan and create the life of their dreams now a little bit of context I grew up really poor my parents were actually Chinese immigrants that end up starting their own Chinese restaurant so they worked super hard for years and didn't really make much money and Me growing up as a kid I worked in a restaurant to literally in back the restaurant shopping vegetables to being a dishwasher to cooking to literally every possible role in the restaurant I started at the age of five and
I remember seeing how hard my parents worked and as they started to climb up realistically they really didn't make that much money even as a time when as because restaurants are pretty hard to make money and at best I think they're maybe taking home 50k a year all in combining my my mom and dad so they really didn't make that much money as I got older and eventually they sold the restaurant and I had to you go to college and get different jobs and I literally remember in college I was working three different jobs and
getting paid minimal wage just to basically make ends me and pay for my college tuition on my own and the reality was is I didn't grow up with people that had money I didn't even know anybody that was making any real money making six figures or over 200k which is what I considered doctor money or smart people money so as I entered into sales and my story I struggled at first eventually started figuring out and started making a little bit of money and I started to stack my income over time started making more money first
breaking 100K then 150 then 200 250 then finally hitting over 500k Plus in my early 30s that was a point where I was like wow this is a little bit different than what it used to be like but here's really interesting at that point once I crossed over that Mark it felt exciting but also at the same time completely boring like it was just like another day and it was interesting as I kind of reflect back I didn't feel any happier at that time I wasn't happier I didn't feel more joy it was like oh
cool I really didn't feel like my life had really changed that much at that point now what is interesting is that I found it when you go from being completely broke not making any money crawl my way to that point is having more money did allow me solve problems which is actually really nice so having more money is give you more options for fixing things if something breaks you're not as worried like something in your house breaks you're like okay it's annoying but at least you have the money to take care of those problems so
if you have surprise expenses something happen to the car or whatever it is nice not really having to worry about money or if you're going out to eat not really worrying about the prices on the menu ultimately it just helps solve a lot of the kind of basic Mone problems I used to have when I was just making minimum wage and in college so I'll say on one hand it didn't actually make me happier because I was making over 500k but because it solves some of these common problems that I I grew up with early
on by solving those problems not having to worry about money indirectly it did lead to me being happier knowing I not stress about those type of things knowing that if I need repair yeah it's annoying but I'm going to be fine I'm not going to be worried about that which probably the first thing I I realized especially at that point the next thing I also realized was the more money I made the more responsibility I took on and the more responsibility I had the more stress that came with a responsibility especially in the Working World
so at this point I remember being in my early 30s I was running a pretty large sales organization of 85 employees to start and when you deal with 85 different personalities and different human beings who have different worries concerns issues and problems of Their Own It can be quite stressful and I remember especially early on when I first jump into that role and I was constantly on the phone working with HR or deal with different problems or deal poti big loss deals there was just far more pressure online to actually deliver so even though it
seemed like yeah making great money feels really really good it does come out a cost and and for me me especially when I first broke that barrier it's realizing it came with just other you know responsibilities and stress that I wasn't quite ready for and that was really hard because now instead of just being able to clock out and clock in clock out of my time when I ran that big of a sales work I mentally felt I could never really turn it off and that was pretty hard was very stressful now obviously for everybody
it might be a little bit different depending on the opportunity vehicle you're in so for example if you're in Enterprise sales your stress levels might be potentially that you only have one big deal getting close to the year that's going to be tens of millions of dollarss but you might have a zero of goose egg the entire year so there's an enormous amount of pressure responsibility on you to make sure you're ABS nailing every part of the process and working that deal properly to actually get to a close before your end of year so you
can actually hit the number you want to hit and make the money you want to make it's like that saying More Money More Problems I think it's more so it's more money more stress so it's something you want to be mentally just aware of even from a job responsibility perspective Ive especially when you're first breaking through now I have found though over time because now I've been making well over that for almost a decade now it does get a little bit easier to manage the stress because you get get a little more used to it
so maybe you're uh more neutral to the stress or perhaps maybe I'm just getting better at what I'm doing which is also potentially could be part of the reason why it's a little bit less stressful than it used to be the third thing I realize is you are PID in direct proportion to the value you bring the marketplace the more value you produce from the marketplace place the more you earn and it's not just about working really hard and putting a lot of hours in because at the end of the day I know people who
work way harder than I do in really really hard jobs you know working outside dealing with the elements working way more hours they're earning far less because reality is the work that they're producing may not be as valuable as what someone else is doing so the truth is if you meet somebody who's earning say $2 million a year that means the value they're producing far weighs the value you're producing and if if you believe your value is higher the market determines that other person to be far more valuable and this is something I realized as
I was working my way up to get to that point because even though I knew early on I can grind work really hard and I'll say you can probably grind work super hard to 100K 150 200k 250k maybe even 300K but once you trying to try to break free past that you can only work so hard you can only work so many hours and at that point you must become more valuable and the way you become more valuable is you increase your skill set to go to the next level so for me because I love
the company I was that I need to really break free and really get to 400k 500k and plus and Beyond I had to go to higher level executive roles where there bigger compensation plans there was more equity and there was more upside as a result which on the flip side like my second point I mentioned I also knew it would require taking on more responsibility and stress in order for me to do it effectively not not burn out that meant I had to scale up I had improve every skill set to get to that point
for you that you're watching this and maybe you've been working super hard and you trying to break it to the next level you have to ask yourself what skills do you need to develop and what can you invest into for yourself to make yourself better whatever skills to go to the next level so you can increase your value to the marketplace for some people out there you might already maxing out your comp plan you're the best you're the number one person and you're already making the highest possible amount of money in the job that you're
in at that point if if you add more skills May change your comp structure how much you earn that may mean you're fully tapped out of your opportunity vehicle so for example I knew for me after earning over 500k for several years in a row and I was averaging over 600k plus a year I knew in order for me go to the next level in my compensation in my earnings I could either keep the same path and go continue to promote up my career which meant taking on more responsibility More Travel Etc or I could
choose a different opportunity vehicle such as my own business then I end up timately go to my own business because I found to be a better opportunity vehicle now one of next key learning is what I have found especially as you start to have success especially in the company you're at you're having success you're crushing your sales crushing whatever you're doing ultimately you will eventually pay the success tax in sales meaning the more you earn in sales the more you overd deliver on your number the more you are gifted a larger quota a larger number
the following year that usually increases at a rate that does not match your comp plan meaning let's just say for example if you delivered let's call it $10 million in revenue and you earn 500k next year your target might be1 15 million and just to hit Target to get to get 50 million it might be 450k so you might have to close even more right over your comp plan maybe close 17 mil just to make the same amount of money that you made prior at a lower Target amount and I found this time and time
again especially for working for big companies or Fortune 500 the target moves every single year if you tie back some of the other core lessons with that success tax which I'm sure you have seen in other past rules you have that can become very stressful as you have to take on more responsibility to be able to deliver at that same level and higher actually keep earning the same amount the fifth thing I've also realized is money magnifies who you already are I've heard some people say money is the root of all evil and money is
not good it it makes people bad it can rich people or bad and I'm not really surprised if you watch the media typically in the media the bad people are always the people who actually make a good income they make they do well for themselves or they're rich or they're wealthy which I have found generally speaking money magnifies who you are like who you are when you're earning 50k a year as long as you have core consistent values and who you are when you're making 500k a year you're making a million a year you're ultimately
going to magnify those same values that that's just a reality so if you're really cheap and you don't say give money away you don't you give to Community when you're making 50k a year at 250k a year you probably keep the same way of thinking at 500k a year you'll probably keep the same way of thinking right I've just found that and I've seen some people where I already sense there maybe a little of a jerk even when they're making you know 150k and then suddenly they're making 500k or more they actually become more of
a jerk which is at the end of the day it ultim magnifies who you are and this is why at the end of the day money is simply just a tool and it magnifies who you are so if you have a good heart and you serve other people and you serve your community and maybe you're big on donations the reality is is the more money you make you'll probably end up just doing more of the same thing just at a higher level so I think I found that to be very very true for the most
part as a result and if you see people that completely change often times I found when you really think about it they were just hiding with their true self was to begin with the six thing I realize is and this should probably be no surprises obviously as you make more you're going to spend more and this type of Lifestyle creep can create a lot of pressure and I remember literally at one point I was living on a 29,500 base salary and and in B2B sales living with two other roommates trying to keep my costs as
low as possible and I I remember I think my total burn was actually I don't remember what my total burn was it was probably maybe 2K a month probably less than that actually at that point and naturally as you make more money you're going to spend some more money as well I definitely found that to be a case and even though I did grw up really Frugal and I do my best to still maintain you know frugality even at this stage I have found my monthly burn has continued to creep up so that by itself
can create a lot of pressure because then you become used to certain things as a result so there's always going to be pressure to maintain that certain lifestyle and sometimes you'll see especially if you buy a nicer home or you live in a nicer neighborhood or you're spending time at the country club with other people who are doing well themselves this pressure gets created to keep up with the Joneses and I know it seems really stupid and really superficial but that's just a reality that's just a truth is if you're if you drive an old
beater car and that's a car you've been driving around for years you drive like a a 2,000 Honda Core you know it's got 400,000 miles on it and like the wheels falling off and you've had it for years when you're meeting up with other people in a nice neighborhood and you're pull up that car you're going to feel a little bit of pressure I know I know it's easy to say no you you won't feel any pressure but you know I felt the pressure that's what end up happening as well I remember even when I
was in Corporate America and I was always one of those guys where I was super Frugal even we wear suits for work we like shirt and tie a little bit old school and I would literally go and get like the cheapest possible suits I literally would go to Target and they used to sell these suit separates and I'd be able to get like a top and a bottom for I think it was like $100 total and then I would get it tailored so it fit a little better so the tail cost maybe like $30 $40
so for $130 I got a pretty decent suit while you know everyone else was getting a suits that are $300 $400 $500 or even more and I remember especially feel kind of that pressure feel a little bit insecure like when they show me their suits and it's just way better quality than mine and I've always been pretty cheap even with suits don't see a lot of value in it even though they're spending $500 to $1,000 for a suit I spent $1 130 now over time as a progress of my career now I'm leading people and
people were seeing me as a different level I felt a little self-conscious I started buying little bit nicer suits not necessarily $500 ,000 $2,000 suits like some of my peers or some of the leaders I would spend $300 on a suit so that s to increase over time as well so EMA didn't want to do it naturally is pressure created because of that which means the more your burn is the more you're going to end up spending more money you have to actually earn as a result and again there's nothing wrong with spending money by
the way so don't get me wrong but that does create pressure for you to live a certain way and obviously if you're married what not if you have kids it it will go up as well so for me I end up getting married married I had a kid and we live in a nice area with a nice house so we have a certain level of pressure that does get created as a result of that the seven thing I've also realized is there's a level of internal competitive pressure so I shared a lot of these external
pressures of course right which kind of happens when you work in a corporation your number gets raised up your lifestyle goes up as well but I found for me personally and this something I still continue to struggle with which is I've created a lot of internal competitive pressure so once I hit that 500k at 31 I was like okay I want to beat that the next year and what not the next year I want to beat that and I constantly keep raising the bar and what's really dangerous is I'm always wanting to detach from the
outcome but I'm also really competitive with myself and the reality as we all know we do our best to always improve me the best version ourselves but most of the time our incomes our lives are not a linear straight up into the right type of life it can go up and down like this which if you're not careful that can create a lot of pressure on yourselves and it might leave you like beating yourself up and I'm pretty hard on myself I've always been hard on myself so that's something I'm I'm constantly working on still
even to this day I share that with you because there's a level of pressure as well and again even if I was making 50k a year because of how I'm wired I'd be like I want to make 55k 60k and that's how how I've always been what I found is once I started making while over quarter million dollars I started creating more pressure for myself on on beating myself out and a lot of it has to do with who you talk to and who you're around because your world is competing against everybody else so that's
something to keep in mind as well but again at the end of the day that pressure is internal the eth thing I realize and I never thought I'd worry about this especially being new in sales early on especially you starting in sales and struggling I didn't think this would ever be something I had to worry about but I worry now cuz I have one kid kid at the time of this video he's 7 years old and I worry about how do I raise him so he's not spoiled because I think about how I grew up
and I grew up in a very small town Springfield Oregon if you're familiar with that a little house in 407 at Street not in great neighborhood wasn't great neighborhood back then it's probably a little better now but wasn't a great neighborhood back then and I saw how hard my parents worked okay I remember going in a restaurant working late hour see I remember see my parents working 80 hours a week at the restaurant I remember grow up in the not a great house I remember wearing secondhand clothes I remember eating Ramen I remember worrying about
when not having money I literally worried like when my dad would tell me that someone like held the restaurant up stole money out out of cash register I was worried we had to shut the restaurant down have no source of income had to be homeless so I remember all these worries as a kid growing up and that's why you know I I stability so much and then I got to see my parents rise up and I remember also at the same time my parents never bought me anything right we we just couldn't afford anything like
I remember L my grandpa's on food stamps and literally he's using food stamps and he would like buy me a toy at the grocery store and that was really excited but I'm like oh this is so crazy and th all those experiences have wired me a certain way G me a level of grit and perseverance which I I believe definitely served me in sales and served me in life but that's something that my seven-year-olds not going to really see because now he's been mentally able to understand what's going on lived in great houses right has
amazing nice luxury cars he rides around in like pretty much whatever we don't buy him anything but pretty much whatever he wants we can get it's not a big thing we get to send them to the best schools we get to send them to the best camps we're we're really fortunate to be in that financial situation and even though we do our best not to spoil and buy him these type of things but he's also in this immediate Quick Fix world where not only does he have all of that living a nice home nice everything
want to order some Amazon boom here in days want to watch a video that that's not available on whatever I can watch I can just rent it right now on Amazon like we can watch movies on the instant so he has this level of instant gratitude on the spot and I worry especially at this point like how do I curate and create the environment for him so he doesn't grow up spoiled this is something I've been thinking about for literally years now and I do my best to try sh him how hard I work and
I show up I give 100% everything I do for the business but he's also going to very environment where perception is reality and that does scare me because I know delay gratification is one of the most important values to instill into people who want to become successful in the future so that's something for sure has been top of mind for me especially at the level income that we know we're earning yet the ninth thing I realized especially in my early 30s is you pay a lot of taxes as a high earning W2 employee I didn't
really think much about till I started getting to that point until I've started getting these big tax bills and I owe a bunch of money at the end of the year and it's stressful it is like super stressful when you're like oh crap yeah you make 500k but you got to pay about 40% to the federal government you pay another like 10% to State Oregon you're paying like 50% basically of taxes out the door before you get to even touch that money that's really painful and as I look back I reflect and by the way
I didn't do anything with that Contin to pay for several years not really thinking about reducing my tax liability cuz again you have only so many options but as I look back I'm like man if only if I knew better about starting a business earlier because you are far more tax advantage as an entrepreneur if only heavily considered buying multif family property so I can have the depreciation to actually write off and again I didn't realize it at that point because before it was never a problem because I didn't realize that it cost me literally
hundreds of thousand dollars of taxes that I end up paying over the years as a result in which if I was smarter about it and I was more proactive about it I could Implement different strategies in place to help reduce my taxable income but again I'm not adverse to paying taxes I'm going to do my due diligence as a member of society and pay my taxes and pay my dues Marcus was a little bit smarter and knew the tax game better I could have made different decision back then that would have served me far more
today the 10th thing I realized and I didn't really see this coming is your friend groups May potentially shift over time especially if the Gap is too far between you and them I know that sounds really strange and this is not something that I expected but the reality is depending on some of your friend groups growing up if you all came from relatively similar Social Circles suddenly if your life starts to change in a different way you maybe where you're maybe surpassing them in responsibilities at work to skill levels to who you actually become you
actually change to become a best version of you you start making more money that might be weird for some of your friends I know you as old version like I look back and I used to be known as the chanal right and this is back in like high school and college I was crazy he a party all time and just be absolutely nuts and it's embarrassing but I'm no longer that person I've changed and for the better I believe I hope for the better and sometimes the people that you grew up with some of your
friends group from high school or college or even early postgraduation they may not like that I'm not saying all my friends are that way I definitely lost some friends as a result and I could just tell just based off how they say certain things the comments they would make and there was a level of probably some sort of Envy or jealousy it's really sad and of course I'm not one of those guys be I be rubbing their FA and bragging about it reality is when you show up in nice cars you have nice things or
you're doing different things or maybe you want to go to nice places and they can't afford to go typ of places that make create a little bit of a gap and for some people it's not going to be a big deal but for others that may end up being an issue as a result and I look at even to today my closest friends now are completely different people than they were 10 years ago my closest friends now are all people who are all making roughly making great incomes we're all most all of us are actually
all entrepreneurs we all run a similar problem we have similar issues so we have a spawn it's it's really deep for this season in life as you progress in your career and you start to see yourself Uprising in the roles that you're playing and the money that you're making and you start to see some of your other friend that you grew up with trying to separate away you definitely don't take it personally right and I always do my best obviously I'm still friend I'll still reach out and send them Christmas cards Etc but I know
we're not as close as we used to be and it's not going to deter me from doing what I want to do but it's something you want to be aware of but on the flip side it opened my eyes to create some new friend groups with other people who are at a similar level and Beyond actually quite ways Beyond me which has been really cool because it's been really inspiring for me personally so that was definely an interesting reality to learn number 11 this is a big one especially when you're making a decent income you
have to learn how to invest it to actually multiply the income and and do not wait till you're making 250k 500k or Beyond to start investing I'm really fortunate that early on when I started my career I started investing at 21 consistently now I actually started investing money even before that just here and there but at 21 I started to invest consistently every single month and it wasn't a lot of money at that time all right so like literally it was like investing a little bit into like books consistently to programs to also investing into
the conferences and those things are going to feed my brain make me increase my skills to even simple stuff like investing a little bit into my 401k investing a little bit into a wrath Ira invest in a little bit into index funds all those are really key because what end up happening is when you develop those habits early on it helps you to stack them as you go over time and as you start to make more money you can obviously increase the amounts you're investing consistently right and if you can do that consistantly what's amazing
is we need the power of time it really does multiply quite a bit and I I look back and I think about all things I started invest into right and I walk you through what what I was doing and then the proportions went up but I first started investing into myself first even small amounts right and I'll some these things were basically lwh hanging fruit my 401k now early on I was not able to Max the 401K redu my taxable income so I I think I did 3% at first because they had a matching at
3% so I was doing that and then I was putting like I think maybe 50k into my Roth and maybe I think remember exactly I think half of that was towards somebody else some Index Fund as well each month and as time went on I start to increase more and more so increased how much I was investing into myself I started to max out my 401K then I start to Maxim my Roth IRA but then I got to the point where I couldn't I earn too much to do the Roth IRA so then I had
to do a traditional WTH and then I was also then I started to in increase how much I'm investing into different index funds to really diversify that and they started basically multiply that over time and end happening now even to this day some of them are different stocks now different index funds now but consistently to this point the numbers have really multiply because now consistently every single month I'm maxing out my 4 41k I now know I'm way wiser about the back door Ross maximizing the back door Ross things for my kids fully maxed out
or we're investing a lot into different index funds now we just bought a sixun multif family unit just last month so we're constantly investing these things oh a to myself as well but we're constantly increasing those amounts the more we earn and I the goal is invest as much as I can into those things because then those things will multiply over time because time is the ultimate thing that not everyone's going to have so the younger you start the better it's going to be if you're at 250k or 500k now if you haven't started investing
consistently everything want to multiply that money starting with yourself which is the highest Roi and then moving it down I highly encourage you to start doing that now because the habits you devel going be better for you down the road or even if you're brand new or maybe if even just if you're just earning like 30k a year like I was 295 start with the have it now even if it's dollar every single month you'll see just by learning how to do do that by building that muscle memory of doing that it it's much easier
to expand increase that amount as you start to increase your earnings every single year and again because I started doing this so early on by investing in those type of categories that's what allowed me to be able to retire 35 to do whatever I want and the reality is I know people who actually were earning far more than me every single year who are still paycheck to paycheck even 5 years later so again the earlier you can start internalizing this message the more powerful it's going to be now I shared a lot of points so
far and some of them may seem maybe a little more negative and that's not my goal this video I just wanted to share some real raw reality things I've learned over the last like couple decades if you will and there are a lot of positives obviously right and I'm going to there's OB many positives of of being able to earn consistently over 500k plus but I'm just going to share with you the two big ones I found there's many they follow these two big buckets so number one what's great about this is ultimately you have
more choices right that's just it like you have more choices and you can really improve your quality of life and for everybody that means different things and for some people that means they want to wear luxury clothes some people want to buy super nice cars some people want to live in the fanciest homes those are all great ways and there's no wrong way to leverage the income that you make because you worked hard for it you want to earn it again so you want to invest it but you want to take care of yourself as
well but some of the things for me personally I found that's been really POS POS for me and this something it took me a little bit it was a little hard for me to break free of an old money mindset which is being able to use the money to get back more time and that was something that took me a while to really internalize and realize which is time is far more valuable than money people say money equals time or time is money I believe time is infinitely more valuable than money and what I mean
by that is I can always get more money right so if I run out of money I can always get more money but if I run out of time I can't get more time so as a result of that money time is infinitely more valuable than money a few things that's been really great for me is like using the money we've earned to be able to get more time back to do the things I want to do that are higher leverage or I just enjoy doing more of so for example for longest time I was
cleaning my house doing everything for years but then when I started to think about hiring cleaners I was really resistant too because again I grew up really poor and my parents working 80 hours a week in they're cleaning at home and I'm like and when they're off work I'm like I could just do the same thing and the reality was I didn't realize that was actually costing me more to do that so now it's got to the point now where we'll hire cleaners and they'll come consistently clean our house clean everything do all I don't
want to do and I'll happily pay them because now I have more time whether it's to work towards a business Which is higher leverage or just spend time with my family which is really important to me or even to say Landscaping I personally hate trimming the grass doing outside work because I have really bad pollen allergies so I hate being out St and the grass when during like spring season it's really bad in Oregon so now I happily pay someone to come and take care of all landscaping for looks amazing and I can't remember why
I pay them but it's like it's pretty inconsequential because I know if I had to do it it would take me twice as long probably three times long maybe five times longer and also it cost me more because I could be doing some higher leverage for the business as a result or shoot instead of doing that much rather go hang out with my kid and family that is to me it's far more important to me to hiring more staff for my own business really important and that's again it's a buying back time so for instance
I'm having con I had a conversation today with an County Executive and they want to earn more money they want to get to 500k plus and one of the big things is Hey listen like I do a lot of admin work in my company my company they like they have they require so much admin work like I want to hire a virtual assistant that can take care of for me I'm like great that's fantastic Let's help you get there so again it's buying back your time which is really important another good example of something that's
important for me what's been for me is buying better quality food now when I was making 295 the reality was is I'm buying the lowest Quality Meats vegetables package Goods Etc because it was pretty cheap and it saved me obviously money but I didn't realize how it directly impacted my energy levels how I thought my gut health and just how I processed everything and I didn't realize that and also I gained weight because of that I got fatter because of that but now have the benefit of being able to order high quality organic produce high
quality grass-fed Meats high quality foods it directly impacts our quality life so that's been also really amazing as well even high quality clothes that's been really interesting so before literally I would buy the cheapest clothes right the cheapest shirts the cheapest pants the cheapest everything and lo and behold they'd fall apart pretty quickly versus now I I understand like the price of what you pay today the cost of what you pay tomorrow I'm much rather pay a higher price today so it doesn't cost me as much in the long run so paying buying higher quality
clothes which has been really important for me now because again I'm still pretty Frugal if I can get the high quality clothes at a discount or a good deal I'm going to get it too don't get me wrong I don't just like arbitr spend money I've now been able to have the benefit of realizing wow I really need you know you get what you pay for as the same goes another good example of a really good choice that's been great too is you know being able to you know live in a better neighborhood like I
literally remember the first neighborhood I grew up in in springfi Oregon and that was like not a great neighborhood there was like little kids smoking cigarettes they're under 10 some of them like doing drugs and just doing a bunch of weird stuff just this is as a kid that's not a good environment for kids to grow up now fortunately I was pretty young and I real not those AR good behaviors and then my parents move us a different house later on but that's tough your environment can have an impact on how you grp and how
you think so that's really really key us being able to choose better neighborhoods to live in the Portland metro area so we have good neighbors who are like very diverse who are very open-minded who are ambitious ambitious individuals with drive it really does raise a game for everyone the kids around as well that directly leads to the choice of having better quality schools by making level income it also lets us be able to choose the best monor schools the best private schools the best whatever a as a result in get a long-term Roi as a
result of being able to make the money we can to make those type of decisions that for most people they're not able to make so those are just some examples on how literally the big thing is you have more choices you can really improve your quality of life the second big thing is you get greater leverage when you're actually investing and the reality is if you think if you're thinking you're going get a 10% return on something right putting $100 in get 10% return on that is not the same as putting say $10,000 in $100,000
in or a million dollar in and get 10% on that even though you get the same type of percentage gain but you get outsized actual returns because you have higher leverage as a result and that's the beautiful part about this and it's like that saying where I hate that say the rich get richer right and by and by no means I don't consider myself rich in any ways except for rich in life which is which stands for realizing I create happiness which is something else completely different when you have higher leverage for investing it's amazing
this helps you in so many different ways and this has helped me to be able to leverage the money I make to make more money to multiply that money which ultimately helps me build longer term wealth which helps me build a better Legacy for my family so those are the 13 things I realize about earning over 500k plus some more a year and and the reality is there's pros and cons to everything and obviously the pros far outweigh the cons and I share with you this video because whether you're at $50,000 a year and you're
working to get to 100K or you're at 200,000 working towards get to 500k there are a lot of lessons here that you can hopefully internalize as part of your journey things that I wish I had known early on now if you want our director help to coach you and help you Max your compline to get to 250k or 500k plus go a and book a call below and if you want to see the exact sales methology I ran C over 140 million AR and earn over 500k a year consistently I'll see you this next video
right here