How to Become a Decamillionaire, Grow your Net Worth to $10 Million, and Join the 1% Club - Ep #5
Many people want to climb the wealth ladder and make it to $10 million or more in wealth (the same as a decamillionaire).
Most people ARE NOT willing to take the risks required in order to get there. You see, the psychological emotion of fear of failure exceeds most people’s motivation to succeed, and consequently, most people don’t take the necessary risks required in order to become truly rich.
In this podcast, I review the 4 steps required in order to have a net worth of $10 million or more in wealth, and the things you need to do:
1. Get comfortable with taking risks
2. Understand your thoughts and beliefs
3. Save more then you spend, and
4. Achieve better than a 15% compounded year on year return
So join me on your wealth-creating journey as we discuss how to become a UHNW individual (ultra-high-net-worth) and join the world of the 1%.