GET MY BOOK - "The Unplugged Alpha, The No Bullshit Guide To Winning With Women & Life:" amzn.to/3fIVW3J CHANNEL SPONSOR: You're showering anyways, so why not buy handmade soap from a sponsor that supports the creation of my content. Use code "COOPER" at checkout and Get 10% off Tactical Soap mentioned here: bit.ly/2jQEZbz GET 1 ON 1 COACHING WITH ME TODAY: clarity.fm/richardcooper * PLEASE NOTE, I OFFER COACHING AT A 25% DISCOUNT WHEN YOU BOOK AN HOUR WITH ME & PAY WITH BITCOIN, EMAIL ME (ADDY ON 'ABOUT' PAGE OF CHANNEL TO ARRANGE) * AMAZON BOOKS & PRODUCTS I ENDORSE FOR MEN: www.amazon.com/shop/influencer-a03634c5 JOIN MY PRIVATE COMMUNITY: You get exclusive premium videos, my private Facebook community & MUCH more, start here: www.entrepreneursincars.com/community REQUEST A VIDEO TOPIC: entrepreneursincars.com/request GET ON MY EMAIL LIST & RECEIVE A FREE CHAPTER FROM MY BOOK ON 20 RED FLAGS TO AVOID WITH WOMEN: entrepreneursincars.com/red-flags/ SUB MY CLIPS CHANNEL: ua-cam.com/users/RichCooperClips CHECK YOUR TESTOSTERONE LEVELS: You can't manage, what you don't measure, check your T levels now with Lets Get Checked, here: trylgc.com/Entrepreneurs - Use coupon code ENTREPRENEURS to get 30% off.
I know one wealthy barber. He started his own salon business in his early 20’s. By his 30’s he had got into construction and become a contractor. Then he built a couple apartment complexes and rented those out. Now he’s 48 and a multi millionaire and cuts hair 3 days a week and almost everything else manages itself. And he put all his kids through college and raised them to work hard. And goes on vacations whenever he wants.
Mr. Cooper, I just wanted to let you know that I picked up your book last week and finished it tonight. I must say, I wish I would've read this book 20 years ago. I grew up in a single mother home and I've made a lot of mistakes over the years. Thank you for writing this book. ~ chasing excellence ~
As a retired police officer, I can say that Rich is 100% correct on his advice about not quitting your job and getting into law enforcement. Don’t do it!
About Ukrainian IT guy who dreams to be a cop: Man if you make 6 figures and want to be a cop just for a gun and security why you just not pay to a private courses and learn to shoot with different kinds of weapons, also become a hunter, read some para-military, asimetric warfare and spy books, go to mixed martial arts, get yourself a gun license etc. I mean its the same as cop but nobody is going to hate you.
Don’t forget about blue collar workers. As an overhead lineman, we make between 150k to 300k USD depending on how much OT you want. No degree needed…no it’s not 7 figures but you can always use that income to help you with your entrepreneurial adventures weather you wanna start a welding, excavation, plumbing, mechanical, electrical, carpentry or rental property business. Rich is 100% right about solving problems leads to making money. Right now and in the coming years our world is losing many people in the blue collar trades due to them hitting retirement ages. If you enjoy working with your hands you can create a good life for yourself if you master your craft. Making $$ does come in the form of hard work/dressed in overalls.
Thank you. I like Cooper, but he strikes me as one of those who looks down on people who keep the world running like all those you mentioned. I think these are great avenues for young men when they need direction rather than a lot of the nonsense that people peddle like crypto and stocks because fundamentally - these do NOT create value. In fact, I would argue Cooper does not create value, and I believe a plumber or electrician has more value than he does.
@@CEWIII9873 you’re welcome and thank you too. You’re absolutely right, working those types of jobs will certainly build one’s character over crypto or similar avenues.
I was a cop for 8 yrs , a truck driver for 20. I became very wealthy at 51 yrs old in the trucking logistics import/export biz. It’s always possible gents! Find something you love and become the best at it. You’ll be wealthy, Guaranteed !!! Manifest that shit! Believe it and believe in yourself. You shall have it! Good stuff Rich. Thanks brother
@@wanderingdoc5075 I’m thinking about shooting for those higher degrees. A BSN and upwards. What do you have in mind, I’m not a brain but I’m not dumb just overall above average.
@@schoolofdank5736 I don't know. I started with rental properties and then moved to passive investments in real estate syndications. It took me 8 years of investing in real estate to replace my day job income, now financially free in my mid thirties. You need to make at least six figures in my opinion if you want financial freedom in 5 to 10 years. If you're only making 70K you don't have enough to put into investments. NP and PA can make $120K, not bad. I was making ~$100K as a resident while in the military which was a nice springboard to get into real estate. You could thank the government and Fed now that if you don't already own real estate, it's probably too expensive and you're likely never going to own it.
@@Re3iRtH I’m 23 and I feel like I’m behind the game. I don’t want to be older not have a single piece of real estate. What would you recommend in todays playing field?
Produce significantly more than you consume. That's where you start. Then you'll start to see the money flow and use your skills to solve problems which will direct some of that flow towards you.
Start by looking for a purpose. Try to align your natural abilities with what other ppl need. ikigai is japanese for finding your reason for being. Its a way for finding the intersection of what you like to do what you are good at doing n what things other ppl need done that you can get paid for doing. Steve Harvey has a great take on this idea.
Marcell maybe it’s age but who knows. When you are on a call with a guy like Rich with time to ask questions. For future reference when you ask questions wait on his answers rather than speaking over him, telling him what you want to hear
Absolutely highly recommend the book Rich mentions “company of one”, Learned the hard way building up and dismantling my one company that growing because you are “advised” to is a terrible way to build a company. This video is gold
This is great stuff. I love Rich's commentary. My only area of disagreement is with the Wealthy Barber, and his criticism of it. If Rich really understood that book, he would realize it says what he says: Serve customers well (Barbers are effectively entrepreneurs, small business owners, tradespeople), earn as much as you can by adding value, live within your means, save and invest the difference between earnings and spending, do it consistently over time in a disciplined manner, and you will become wealthy. How wealthy is the question - most professionals, if they follow this model, can easily retire with several million, and possibly a lot more, by the time they retire.
@@redrustyhill2 100% right. That said, the more you make, the more potential money you have to keep, so the net effect is a higher absolute income will result in a higher cumulative net worth if following the same principles.
@@stevenlightfoot6479 problem is most people, I'd say 90% or more, just increase their spending on non essential luxuries the more they make. Look at all the 100k earners who are still broke at the end of the month. Look at all these jock athletes who literally made millions and have nothing to show for it when their careers end. I worked with young kids who made 120k/year and completely broke, couldn't even buy a pair of shoes
@@redrustyhill2 I wont argue with you!!!! You are totally right. I think WB and Rich Cooper are both right, in that the more you make, the richer you will get, BUT only if you live by the WB rules. In order to get REALLY wealthy, you need a high income (or build huge equity) and be able to manage and keep it.
Learn while you’re young. Be open to being mentored by old people. Emulate those you want to be like, and don’t do what the complainers and losers do. Also don’t be a socialist, that’s a code word for being lazy.
socialist is not a human, remember funny quote "i killed thousands of communists but not even 1 human" socialist is a missing link between human and monkey
Hahaha seriously the first guy asking about crypto, if he researched it for literally 5 mins he would have known this. Download a crypto app and you would know this immediatley.
Im going to try solve my country's reliance on imported pigs. 19 million pigs were impoterted from EU during the first quarter of 2022. Wish me luck. Thanks Rich. You are saving people s lives including mine.
Younger dudes, don’t jump right into sales if you’re not sure if you’d enjoy it or you don’t have a natural propensity for sales. I failed in sales out of college because I don’t enjoy talking to people as much as I thought, and I struggled to care about relating to people. I’m 26 now, working a corporate gig while on the path to owning my own business and I couldn’t be happier. I get to solve problems, work on a team, and I go to work happy every day.
The "easiest" way to build net worth. Play good offense and good defense. Earn a high income and keep your expenses low. You should follow the 75/25 rule. 25% minimum toward savings/investments.
@@thinkingagain5966 That is your problem. You don't just "walk" into anything worth any value in life. You have to identify how you can create value and work extremely hard at becoming proficient at it. The "easiest" and quickest way is to get into sales. Sell something that has high value and high margins. Some great books on selling: Cardone's Sell or Be Sold & Gittomer's Little Red Book of Sales. Once you start making money, play good defense and save at least 25% of your net income. Invest in VOO stock symbol every month and over time you will build your net worth. Is that detailed enough for you?
@@schoolofdank5736 I guess the only other thing I would add is to pay attention to companies and if you find one that can change peoples lives invest heavily in it. I thought I missed out on Tesla but the original Covid dip gave me a second chance and I went in heavy. It is the only individual stock I have ever bought. I have made plenty of mistakes along the way but have always tried to stay true to the 75/25 rule and have amassed an $8.6 million dollar net worth (with my businesses factored in) at age 48. Play to your strengths.
Have been a software engineer for a decade. 99% of people do not have the cognitive ability for this profession. If you go to an easy school and manage to get that first job, you’ll likely fall on your face if you’re lacking the mental horsepower. It is cringe to see so many people recommending this profession thinking it will be easy money. The people making $700k are an extremely small group of pioneers in the field. Almost nobody will ever come close to that.
Great video Rich. Thank you! One experience and observation: productized services is a great way to start into entepreneurship. Especially services around sales and customer acquisition which many B2B companies struggle with. By focussing on B2B client acquisition, you build your own muscle on exactly what you help your clients with - so it is self-reinforcing and gets better with every customer project. I did so with sales and channel sales optimisation. You would not believe how many B2B SaaS companies assume they sell a product, whereby what customers only care about is quantifiable outcomes. That distinction alone, and how to make the transition is very valuable to B2B companies aiming towards a major exit at some point. Somebody's got to tell them and show them better ways to sell. :-)
In order for me to kick off my property dream I realized I had to invest, loan, or inherit, of course, nothing massive to inherit on my part, the only option was capitalizing on the stock market and diversifying my portfolio. seemingly I achieved my dream with passive income.
@@lingwallace5265 The key to building wealth is developing good habits like regularly putting money away in intervals for solid investments .The stock market has plenty of opportunities to earn which I myself took advantage of.. I made my first million from going diverse, mainly stocks, etfs ,coins and bonds . I use a financial advisor and it's been a year and half of steady growth..
23:32. Develop those social skills as your first challenge as an entrepreneur. Everyone has their quirks, but you need to be able to communicate effectively.
Bro, I’m 25 minutes into this video and I’m not learning much. What you have said could be summarised in under three minutes. I really like your channel and I’m really trying to better myself. I do want to hear what you have to say so, don’t take this as a diss, but more as constructive feedback that we want to hear your points!
If you are a computer, yes it can be summarised in 1 page. But I think a lot of humans benefit a lot from spending 90 minutes tuned into this kind of mindset and doing it over and over until it sinks in.
13:25 "most of the most successful guys that are running their own businesses, some of them did not finish high school" that is very incorrect. in wording and in assertion. those that did not finish high school are either lucky loudmouths, who stand out and appear more numerous, or they droppend out in order to have enough time to dedicate themselves to their business and are in essence self taugt. further more, a large number of these self-taught entrepreneurs-at-a -young-age individuals often take up and finish a higher education once they have a stable business. if you dropped out of school because you had bad grades or were always too intoxicated to follow class and pass your tests, forget being (in a word) rich, unless you straighten up your life and figure out your responsibility towards your social circle.
As a man, I pretty firmly believe there's four ways to totally screw yourself and any success you might have.... 1. Drug/alcohol addiction - This one's easy. Don't do drugs and control your drinking. If you or any close relatives have issues with this, be straight edge and don't fuck with any of it. 2. Arrest/legal issues - This one's also easy. Don't do stupid shit, stay away from stupid people and control yourself around things that could hurt you legally. Additionally, make sure you protect yourself ahead of time with things like lawyers on retainer if you can afford them, or at minimum things like legal insurance (even something cheap like a legal shield policy can save you a lot of headaches) if something does happen that's beyond your control. 3. Serious injury/long-term medical problems - Don't do dangerous shit that will get you injured, eat well, get exercise, don't smoke, etc. Basically take care of yourself, HAVE HEALTH INSURANCE and if you're going to do dumb things (I box like 40 rounds a week for example) do it under professional supervision. 4. Bad females - This is the hardest one of the lot. This is something I have definitely failed at personally, but my best advice is listen to your intuition, learn to identify red flags, pay attention to them and if she demonstrates dangerous or toxic behavior, do not rationalize or tolerate it and get away from her IMMEDIATELY. Sticking around and hoping it will get better will not be worth it no matter what she's offering up initially. Getting involved with a bad female is the single most expensive mistake that a man can make BY FAR. You are ALWAYS better off by yourself. For a man, modern long-term relationships are business contracts that the person on the other dotted line has constant incentives to break, that are 100% to your detriment and that you will never enjoy in return (No matter who the bad guy is). Do not forget this and ALWAYS exercise the most extreme caution. Who you pick to spend your life with is your most important decision. CHOOSE WISELY. /Rant
I find this the most helpful Rich has produced. This relevant content is by a man who has created significant wealth at a relatively young age and shares openly.
@@bedadays1763 finally someone that doesn't love the book. I found it very impractical & blah. Especially the beginning where it rambles on about desire
Go hunting guys. Nothing is more satisfying than the great pursuit There is no other activity that you can do that will give you the same clarity Every man should hunt
@@Blackout.1644 ya gotta go to a duck club to meet more (older and experienced) hunters Part of hunting is the tradition of teaching the younger generations so if your serious about it, they'll take you and teach you. Especially if you offer to carry and clean the decoys
In the money is another good UA-cam channel that explains the fundamental mechanics of options trading, as well as giving a thorough yet simple explanation of the more complex trading strategies
When I was in college I wasn’t aware of RP but one thing that changed my life was having a bully (my roommate) it motivated me to be better in all aspects of my life which lead me to read books for the first time and relentless by Tim Grover was the first book I ever read completely through.
Adam Khoo the stock market guy. I’ve been trying to trade options for the past 6 months. My first small contract wasn’t filled and I let it go for now.. Thanks Rich for great content.
1:14:30 Well Spoken. We know exactly the kind of "Red Pill Men's Coaching" YT channels that do that. Great way to point out the fault without directly calling anyone out. There is no merit in dunking on delusional young women who don't know any better and labelling it as red pill content.
Reading these comments is depressing, ppl saying theyre making 6 figs, million+ net worth ugh im 37 and only make 40k a yr, i feel like i threw my life away :( well at least im not married w kids so i guess it could be worse
Ryan Disagree If you have no debt, make a decent income at around 40 hours a week, and are building for a comfortable retirement - then that is a pretty great life! Enjoy your time. If you want more, understand it will take more time out of the week to do so.
solve problems, money is out there, just get it. 1: Chief __ officer 2.spinal surgeon 3.yacht salesman 4.stem industry? 5. and entrepreneurship. sell life coaching to betas.
Started listening recently and enjoying my red pill journey. I’m a 31, disabled veteran, clearance holder, working in the Intel community, and 6fig tax free (f2555 status). I’m looking to change careers because I’m always having to dodge knives coming for my back. Looking towards finance or AI. Entrepreneurship in both is the dream!
@@thinkingagain5966 it’s hard to explain just due to the nature of the job. Best explanation is a toxic office environment where middle managers are always trying to either sabotage the others to get ahead and or ruin perceptions with the boss. Your clearance is constantly in jeopardy because the others are allows trying to catch you and make your mistakes hyper visual.
@@thinkingagain5966 average week time breakdown: 40% rumor control, 40% interpersonal dynamics, 20% actual work. I could do without the 40% rumor control because I just want to do my job 😂😂
RICH, I'm thinking of creating a energy bar geared towards the keto/carnivore, marathoners and fitness enthusiasts. I know there's a ton of competition but I don't care. I'll never know if I don't try. I'm 45yrs old though, in your opinion, is it too late for me? Because in my mind, it's never too late.
Rich I would love you to make a video on “pre nups “ What to have included in a pre nup before getting married or even moving in with a woman …? Asking for a friend ..
There are far far better options than a mere prenup … seek a smart lawyer to protect your wealth. Q: control everything, own nothing! Set up an offshore trust for example but a lawyer would help you navigate these legal mind fields… you will not regret it.
@@ethereumrise7860 interesting ..so the offshore account or wealth can’t be divided in case of divorce or in case some body sues me ? Thanks for your reply
Marine Corp veteran, 49 yr old male nurse. No kids widow. In great health and shape… but I want to focus on elevating my financial position. Any tips out there?
I get what you are doing. Correct me if I am wrong, but you are basically promoting yourself as a relationship and dating also wealth creation guru, and then you steer your audience to your $1000.00 per year group, so you basically if you get 100 people to join that you are making $100k per year, and if you get 1000 people to join that you are making $1 million dollars per year, and hopefully people will just renew each year growing your followers paying $1000 per year and then after say 10 years if you have got just 10 thousand members you are making $10 million dollars per year basically not really doing that much besides promoting joining your group... seems like a pretty good idea if that is basically how it works.
I think it's what enterprenaurship is - you don't trade your time for money, you don't have hour rate, you do job once (for example write book, create video) and profit from it for some years
@@blossom7928 I don't know but I would imagine that most people would not renew but some probably would, because yeah it is $1000, but that is only $83.33 per month. I also think you set it to auto-renew unless they cancel prior to 30 days so then if they forget to cancel they will pay for another year, so that way you get at least 2 years. I can't imagine what he possibly has on his website but renewals are probably a bonus whereas new members are probably the focus. The point is you only need 100 people to sign up per year to make twice the average income. And I mean it's not like actually working.
agreed Cooper is running a subscription based MLM essentially. Ta te took his model and super-charged it to make that nonsense Hustler's University. Cooper despises his customers, but knows they are his market. Essentially, he is the smartest person in a du mb room...
But how do you get started with literally zero resources and no car? That's my problem. Living in the same poverty rut that I was in from birth till now being almost 30 years old.
6 grand a month savings??? How is that possible on a six figure income like $100,000/yr? After taxes, there is nothing left to live on! I think you need to adjust your premise...
@@dmark2639 Obviously not ultra low six figures, but if you're at 150k level you should be able to put away a third of your gross. It doesn't take much from there to hit 70k in savings pa. This does suppose your aim is a million asap from a job, which will require some compromise and sacrifice.
I have my HVAC company Ventura County, in the West Cost, CA. I love your videos. I Heard something on this videos TUA #5. that I like. How to become wealthy. Want to be a millionaire... Can we do one on one and give me the ropes or the notes that you had in your hands. Let me know how I can reach out you... Or if you can Please reach out to me.
I agree wholeheartedly. I'm not actually trying to have a job. I'm trying to be financially free. He talks about entrepreneurs later. When you're an entrepreneur you can put call yourself whatever you want.
There are plenty of l 0sers on Facebook and linkedin who are the founder/owner of some company which only exists in their heads. I am sure some of them have the business cards too...
This is the fórmula If you want yo be rich: - you have to create a product or service that resolves a problem in a different way to a market willing to buy it. - plus capital to invest - plus 1 million working hours. That ‘s all, it’s no rocket science The problem is that this fórmula is not easy to resolve, you need a lot of creativity, compelling skills, resiliency, discipline and hard work, that’s the reason why become a millionaire is son difficult and only a few people can achieve it.
I just sold two houses and made 450k profit. I currently earn around 150k a year and have over 300k in IRA. So now what? 32 years in the same field of work but now I’m ready to retire and say fuck it!
Chase excellence, not women, excellent advice uncle, i am extremely fortunate to have read about redpill since i was 18, bur extra knowledge wouldnt hurt
I disagree with programming, one of my buddies in the States maxed out at 250k. There was maybe 4 guys in the world that had his ability. He could not get past the 250k mark.
1:14:15 - That guy needs to stay on top of the custody stuff.. just moving to some place where it's almost-reasonable will not be enough. It might change in 15+ years. The trend is oppressive to fathers.
Hey rich just curious do you think more plates more dates is a credible source of knowledge, he seems like a credible dude but I was just curious what you thought
Looks like #4 “writing code” didn’t age well. Majority of tech jobs laid off the majority of their programmers. I’m sure there is still opportunity, but extremely competitive.
Is this tesla guy from Twitter with 10 Million at peak Tesla stock..and he was going to leverage it or take loan against stock..is he still millionaire
I met a successful entrepreneur who wants to mentor me.. I know nothing about entrepreneurship but I'm an open book. I need all the tips on how to succeed at this. Any help is appreciated
That made me kinda sad when that caller asked about changing careers to be a police 👮♀️ officer. Maybe police are more respected in Australia 🇦🇺, Rich is right, it can be a tuff road to hoe here in the states or Canada. They put their lives on the line for us. We could use some more good guys like that caller! 👍🏻
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I know one wealthy barber. He started his own salon business in his early 20’s. By his 30’s he had got into construction and become a contractor. Then he built a couple apartment complexes and rented those out. Now he’s 48 and a multi millionaire and cuts hair 3 days a week and almost everything else manages itself. And he put all his kids through college and raised them to work hard. And goes on vacations whenever he wants.
16:47 ..this help me a lot.
Mr. Cooper,
I just wanted to let you know that I picked up your book last week and finished it tonight. I must say, I wish I would've read this book 20 years ago. I grew up in a single mother home and I've made a lot of mistakes over the years. Thank you for writing this book.
~ chasing excellence ~
As a retired police officer, I can say that Rich is 100% correct on his advice about not quitting your job and getting into law enforcement. Don’t do it!
Been there done that... don't do leo if you want to get rich.
were you a police officer in Canada?
Actually he is right in every single word from this video
"If you're the smartest person in the room, find another room."
💯 *%TRUTH* 💣💥💣💥💣💥
The exact reason I did finally quit my job after 14 yrs. Had to do this about 5 yrs earlier, reflecting now...
About Ukrainian IT guy who dreams to be a cop: Man if you make 6 figures and want to be a cop just for a gun and security why you just not pay to a private courses and learn to shoot with different kinds of weapons, also become a hunter, read some para-military, asimetric warfare and spy books, go to mixed martial arts, get yourself a gun license etc. I mean its the same as cop but nobody is going to hate you.
I don't trust anyone who wants to be a cop
@Chang Wang grand parents and family lived in Tasmania when that happened. It wasn't a conspiracy I assure you
@@mfenix88 Because your grandparents know what the feds are doing?
Love what your doing! This is stuff EVERY single young guy should watch and rewatch.
Don’t forget about blue collar workers. As an overhead lineman, we make between 150k to 300k USD depending on how much OT you want. No degree needed…no it’s not 7 figures but you can always use that income to help you with your entrepreneurial adventures weather you wanna start a welding, excavation, plumbing, mechanical, electrical, carpentry or rental property business. Rich is 100% right about solving problems leads to making money. Right now and in the coming years our world is losing many people in the blue collar trades due to them hitting retirement ages. If you enjoy working with your hands you can create a good life for yourself if you master your craft. Making $$ does come in the form of hard work/dressed in overalls.
Thank you.
I like Cooper, but he strikes me as one of those who looks down on people who keep the world running like all those you mentioned.
I think these are great avenues for young men when they need direction rather than a lot of the nonsense that people peddle like crypto and stocks because fundamentally - these do NOT create value.
In fact, I would argue Cooper does not create value, and I believe a plumber or electrician has more value than he does.
@@CEWIII9873 you’re welcome and thank you too. You’re absolutely right, working those types of jobs will certainly build one’s character over crypto or similar avenues.
I was a cop for 8 yrs , a truck driver for 20. I became very wealthy at 51 yrs old in the trucking logistics import/export biz. It’s always possible gents! Find something you love and become the best at it. You’ll be wealthy, Guaranteed !!! Manifest that shit! Believe it and believe in yourself. You shall have it! Good stuff Rich. Thanks brother
“ How to get Rich “ - I think that’s a question a lot of single moms want the answer to. Rich is Red Pilled and chasing excellence so, good luck:)
How to get "the" rich? That would be a more accurate question single moms have.
Kevin in sales acting like he just now discovered Rich. Lol gtfoh. 😆🤣
@@atreyfall3812 My comment is an example of a “ double entendre “.
@@wacokid6588 I understand
@@atreyfall3812 🍻
Diagnostic radiologist, mid-7 figure millionaire in my 30s. This video is very solid advice for the youngsters.
Wow show me your ways. Should I get into nursing?
@@schoolofdank5736 Nursing is harder work and lower pay than being an M.D. I'd say don't do it.
@@wanderingdoc5075 I’m thinking about shooting for those higher degrees. A BSN and upwards. What do you have in mind, I’m not a brain but I’m not dumb just overall above average.
@@schoolofdank5736 I don't know. I started with rental properties and then moved to passive investments in real estate syndications. It took me 8 years of investing in real estate to replace my day job income, now financially free in my mid thirties. You need to make at least six figures in my opinion if you want financial freedom in 5 to 10 years. If you're only making 70K you don't have enough to put into investments. NP and PA can make $120K, not bad.
I was making ~$100K as a resident while in the military which was a nice springboard to get into real estate.
You could thank the government and Fed now that if you don't already own real estate, it's probably too expensive and you're likely never going to own it.
@@Re3iRtH I’m 23 and I feel like I’m behind the game. I don’t want to be older not have a single piece of real estate. What would you recommend in todays playing field?
Dental professional in Australia 🇦🇺 First year out of Uni on $140k 😄🙌🏼
Produce significantly more than you consume. That's where you start. Then you'll start to see the money flow and use your skills to solve problems which will direct some of that flow towards you.
Investing in things that pay compound interest. This quickly adds up over time especially if you don't have a vampire sucking you dry.
Start by looking for a purpose.
Try to align your natural abilities with what other ppl need.
ikigai is japanese for finding your reason for being.
Its a way for finding
the intersection of
what you like to do
what you are good at doing n
what things other ppl need done
that you can get paid for doing.
Steve Harvey has a great take on this idea.
Marcell maybe it’s age but who knows. When you are on a call with a guy like Rich with time to ask questions. For future reference when you ask questions wait on his answers rather than speaking over him, telling him what you want to hear
Business consultant. God help Denmark
Yeah, Marcell is certainly a type. He wants to hear himself talk and Rich nod in agreement. Not gonna make it.
Yes, but in all fairness, most of the dudes calling in are seeking Cooper's permission, which is weak...
Also, I see that Rich is hella patient with feilding some of these questions.
which is unusual for him
Damn 90 mins flew by
Amazing insights thank you
Glad to have found this channel through Steve :)
Absolutely highly recommend the book Rich mentions “company of one”, Learned the hard way building up and dismantling my one company that growing because you are “advised” to is a terrible way to build a company. This video is gold
This is great stuff. I love Rich's commentary. My only area of disagreement is with the Wealthy Barber, and his criticism of it. If Rich really understood that book, he would realize it says what he says: Serve customers well (Barbers are effectively entrepreneurs, small business owners, tradespeople), earn as much as you can by adding value, live within your means, save and invest the difference between earnings and spending, do it consistently over time in a disciplined manner, and you will become wealthy. How wealthy is the question - most professionals, if they follow this model, can easily retire with several million, and possibly a lot more, by the time they retire.
The principles in "the wealthy barber" have made many retire wealthy. It's not about how much you make but how much you keep.
@@redrustyhill2 100% right. That said, the more you make, the more potential money you have to keep, so the net effect is a higher absolute income will result in a higher cumulative net worth if following the same principles.
@@stevenlightfoot6479 problem is most people, I'd say 90% or more, just increase their spending on non essential luxuries the more they make. Look at all the 100k earners who are still broke at the end of the month. Look at all these jock athletes who literally made millions and have nothing to show for it when their careers end. I worked with young kids who made 120k/year and completely broke, couldn't even buy a pair of shoes
@@redrustyhill2 I wont argue with you!!!! You are totally right. I think WB and Rich Cooper are both right, in that the more you make, the richer you will get, BUT only if you live by the WB rules. In order to get REALLY wealthy, you need a high income (or build huge equity) and be able to manage and keep it.
Thank you
We seem to forget how well a tradesman can do if they manage their finances properly.
They are also the ones who own their businesses early.
Learn while you’re young. Be open to being mentored by old people. Emulate those you want to be like, and don’t do what the complainers and losers do. Also don’t be a socialist, that’s a code word for being lazy.
socialist is not a human, remember funny quote
"i killed thousands of communists but not even 1 human"
socialist is a missing link between human and monkey
Corny you’re probably broke
DeBolt has a very good point. I did so early this year and earned my first 200% revenue.
First three live questions are brutal. Kudos to Rich on the patience.
Hahaha seriously the first guy asking about crypto, if he researched it for literally 5 mins he would have known this. Download a crypto app and you would know this immediatley.
@@davidverdugo6266 agreed
I am always mystified how people who spend their entire lives online do no online research...
Im going to try solve my country's reliance on imported pigs.
19 million pigs were impoterted from EU during the first quarter of 2022.
Wish me luck.
Thanks Rich. You are saving people s lives including mine.
Younger dudes, don’t jump right into sales if you’re not sure if you’d enjoy it or you don’t have a natural propensity for sales.
I failed in sales out of college because I don’t enjoy talking to people as much as I thought, and I struggled to care about relating to people.
I’m 26 now, working a corporate gig while on the path to owning my own business and I couldn’t be happier. I get to solve problems, work on a team, and I go to work happy every day.
I’m 23 about to turn 24. I’m currently going to start my job at American Airlines any advice for a young red pill ?
The "easiest" way to build net worth. Play good offense and good defense. Earn a high income and keep your expenses low. You should follow the 75/25 rule. 25% minimum toward savings/investments.
Look at tai Lopez over here 🙄 how are r ppl supposed to just walk in to high paying jobs like that?
@@thinkingagain5966 That is your problem. You don't just "walk" into anything worth any value in life. You have to identify how you can create value and work extremely hard at becoming proficient at it. The "easiest" and quickest way is to get into sales. Sell something that has high value and high margins. Some great books on selling: Cardone's Sell or Be Sold & Gittomer's Little Red Book of Sales. Once you start making money, play good defense and save at least 25% of your net income. Invest in VOO stock symbol every month and over time you will build your net worth. Is that detailed enough for you?
@@ThePuttercross Please keep going my man I’m taking notes
@@schoolofdank5736 I guess the only other thing I would add is to pay attention to companies and if you find one that can change peoples lives invest heavily in it. I thought I missed out on Tesla but the original Covid dip gave me a second chance and I went in heavy. It is the only individual stock I have ever bought. I have made plenty of mistakes along the way but have always tried to stay true to the 75/25 rule and have amassed an $8.6 million dollar net worth (with my businesses factored in) at age 48. Play to your strengths.
@@ThePuttercross Tesla is little better than Crypto and NFT's, but all are for l 0sers like you...
Alex Reyes: will clean your car,and his Gf will hang out with the owner of the car
Have been a software engineer for a decade. 99% of people do not have the cognitive ability for this profession. If you go to an easy school and manage to get that first job, you’ll likely fall on your face if you’re lacking the mental horsepower. It is cringe to see so many people recommending this profession thinking it will be easy money. The people making $700k are an extremely small group of pioneers in the field. Almost nobody will ever come close to that.
Agreed
Cooper is basically a living testimonial...ignoring the THOUSANDS of people who tried and failed...
Great video Rich. Thank you! One experience and observation: productized services is a great way to start into entepreneurship. Especially services around sales and customer acquisition which many B2B companies struggle with. By focussing on B2B client acquisition, you build your own muscle on exactly what you help your clients with - so it is self-reinforcing and gets better with every customer project. I did so with sales and channel sales optimisation. You would not believe how many B2B SaaS companies assume they sell a product, whereby what customers only care about is quantifiable outcomes. That distinction alone, and how to make the transition is very valuable to B2B companies aiming towards a major exit at some point. Somebody's got to tell them and show them better ways to sell. :-)
In order for me to kick off my property dream I realized I had to invest, loan, or inherit, of course, nothing massive to inherit on my part, the only option was capitalizing on the stock market and diversifying my portfolio. seemingly I achieved my dream with passive income.
What did you invest? As its easy to make money when you have money and it would be helpful to know what you where working with to begin with. thanks
@@lingwallace5265 The key to building wealth is developing good habits like regularly putting money away in intervals for solid investments .The stock market has plenty of opportunities to earn which I myself took advantage of.. I made my first million from going diverse, mainly stocks, etfs ,coins and bonds . I use a financial advisor and it's been a year and half of steady growth..
@@samowens9015 Please what is the name of your advsior?
@@tamarahudson3612 Lucy Maria Koss.
@@samowens9015 I appreciate you for this, i found her website looking up her name online.
23:32. Develop those social skills as your first challenge as an entrepreneur. Everyone has their quirks, but you need to be able to communicate effectively.
Bro, I’m 25 minutes into this video and I’m not learning much. What you have said could be summarised in under three minutes. I really like your channel and I’m really trying to better myself. I do want to hear what you have to say so, don’t take this as a diss, but more as constructive feedback that we want to hear your points!
If you are a computer, yes it can be summarised in 1 page. But I think a lot of humans benefit a lot from spending 90 minutes tuned into this kind of mindset and doing it over and over until it sinks in.
13:25 "most of the most successful guys that are running their own businesses, some of them did not finish high school"
that is very incorrect. in wording and in assertion.
those that did not finish high school are either lucky loudmouths, who stand out and appear more numerous, or they droppend out in order to have enough time to dedicate themselves to their business and are in essence self taugt. further more, a large number of these self-taught entrepreneurs-at-a -young-age individuals often take up and finish a higher education once they have a stable business.
if you dropped out of school because you had bad grades or were always too intoxicated to follow class and pass your tests, forget being (in a word) rich, unless you straighten up your life and figure out your responsibility towards your social circle.
As a man, I pretty firmly believe there's four ways to totally screw yourself and any success you might have....
1. Drug/alcohol addiction - This one's easy. Don't do drugs and control your drinking. If you or any close relatives have issues with this, be straight edge and don't fuck with any of it.
2. Arrest/legal issues - This one's also easy. Don't do stupid shit, stay away from stupid people and control yourself around things that could hurt you legally. Additionally, make sure you protect yourself ahead of time with things like lawyers on retainer if you can afford them, or at minimum things like legal insurance (even something cheap like a legal shield policy can save you a lot of headaches) if something does happen that's beyond your control.
3. Serious injury/long-term medical problems - Don't do dangerous shit that will get you injured, eat well, get exercise, don't smoke, etc. Basically take care of yourself, HAVE HEALTH INSURANCE and if you're going to do dumb things (I box like 40 rounds a week for example) do it under professional supervision.
4. Bad females - This is the hardest one of the lot. This is something I have definitely failed at personally, but my best advice is listen to your intuition, learn to identify red flags, pay attention to them and if she demonstrates dangerous or toxic behavior, do not rationalize or tolerate it and get away from her IMMEDIATELY. Sticking around and hoping it will get better will not be worth it no matter what she's offering up initially. Getting involved with a bad female is the single most expensive mistake that a man can make BY FAR. You are ALWAYS better off by yourself. For a man, modern long-term relationships are business contracts that the person on the other dotted line has constant incentives to break, that are 100% to your detriment and that you will never enjoy in return (No matter who the bad guy is). Do not forget this and ALWAYS exercise the most extreme caution. Who you pick to spend your life with is your most important decision. CHOOSE WISELY.
/Rant
just being married w kids and divorced. Is enough
5. A set of parents (or in some cases the lack of thereof) that raised you to be a vegetable and killed all your confidence.
I find this the most helpful Rich has produced. This relevant content is by a man who has created significant wealth at a relatively young age and shares openly.
Work hard as you can and Invest every cent u have in ethereum then hold it for atleast 10 years. Congratz You are a multi millonaire.
Any other cyrpto to invest in?
@@googlespies not yet to invest small altcoins i wait bear market for that
@@thenerdrobert3815 Are you investing in anything else besides crypto?
@@googlespies never since 2013
Crypto is for l 0sers like you!
How is that going now that Bankman-Fried is in prison, where he belongs?
Top 3 books:
1. Hooked
2. Think and Grow Rich
3. The Obstacle is the Way
How to get Rich by Felix Dennis is also pretty good.
@@Nonplussed I find Think and grow rich a good read but very vague
@@bedadays1763 finally someone that doesn't love the book. I found it very impractical & blah. Especially the beginning where it rambles on about desire
Money is a representation of your skillset/hobbies at it's average and your social status at it's best. That's why it matters so much.
I started working towards believing the word of God and put money as a material object.
Go hunting guys.
Nothing is more satisfying than the great pursuit
There is no other activity that you can do that will give you the same clarity
Every man should hunt
Money is a representation of how well you can fool and manipulate others.
@@chadbarham2916 any advice on rookies who only went duck hunting once with their brother in law?
@@Blackout.1644 ya gotta go to a duck club to meet more (older and experienced) hunters
Part of hunting is the tradition of teaching the younger generations so if your serious about it, they'll take you and teach you.
Especially if you offer to carry and clean the decoys
In the money is another good UA-cam channel that explains the fundamental mechanics of options trading, as well as giving a thorough yet simple explanation of the more complex trading strategies
Thanks for that. I'll check them out.
@@MichaelZacharias1 No problem. I would take a serious look at selling covered calls. It’s a really easy way to generate passive income
Currently an engineering consultant, always ready to solve problems but have no idea where to start for business ideas
Fitness programs I've personally used and endorse is Mark McManus (Musclehack) and if you're older Skip LaCour
The guy who wants to leave IT to be a cop... that's crazy!
Rich shattered his dream.
When I was in college I wasn’t aware of RP but one thing that changed my life was having a bully (my roommate) it motivated me to be better in all aspects of my life which lead me to read books for the first time and relentless by Tim Grover was the first book I ever read completely through.
Bit late for this advice. God damn parents failed so many men, I should have been thought this at 16 not watching it by myself on youtube at 28
agreed
it was pretty easy for them or they were worthless themselves...
I remember netflix being a mail in service with dvd's 🤯
Adam Khoo the stock market guy. I’ve been trying to trade options for the past 6 months. My first small contract wasn’t filled and I let it go for now.. Thanks Rich for great content.
PA, Pennsylvania 😂.... physicians assistant, brother! 👍
Jason is a boss!! Great show and book Rich!
they call it cold calling. Watch Glenn Gary Glenn Ross. That will guide you
1:14:30 Well Spoken. We know exactly the kind of "Red Pill Men's Coaching" YT channels that do that. Great way to point out the fault without directly calling anyone out. There is no merit in dunking on delusional young women who don't know any better and labelling it as red pill content.
Reading these comments is depressing, ppl saying theyre making 6 figs, million+ net worth ugh im 37 and only make 40k a yr, i feel like i threw my life away :( well at least im not married w kids so i guess it could be worse
Same but 27
Ryan
Disagree
If you have no debt, make a decent income at around 40 hours a week, and are building for a comfortable retirement - then that is a pretty great life!
Enjoy your time.
If you want more, understand it will take more time out of the week to do so.
@@thinkingagain5966 Updates?
This kind of content is actually helpful 👍👏
Very great episode, thank you
I totally love all of your videos, you are the Best!!!
Read "How to Get Rich" - Felix Dennis. Owner of Maxim magazine, died with $700M+ net worth, no bullshit, best biz book I've ever read.
solve problems, money is out there, just get it. 1: Chief __ officer 2.spinal surgeon 3.yacht salesman 4.stem industry? 5. and entrepreneurship. sell life coaching to betas.
The guy wants to become an Australian cop during Covid 😳😂
Started listening recently and enjoying my red pill journey. I’m a 31, disabled veteran, clearance holder, working in the Intel community, and 6fig tax free (f2555 status). I’m looking to change careers because I’m always having to dodge knives coming for my back. Looking towards finance or AI. Entrepreneurship in both is the dream!
What do u mean by "dodge knives" ? u cant tolerate that for 6 figures?
@@thinkingagain5966 it’s hard to explain just due to the nature of the job. Best explanation is a toxic office environment where middle managers are always trying to either sabotage the others to get ahead and or ruin perceptions with the boss. Your clearance is constantly in jeopardy because the others are allows trying to catch you and make your mistakes hyper visual.
@@thinkingagain5966 average week time breakdown: 40% rumor control, 40% interpersonal dynamics, 20% actual work. I could do without the 40% rumor control because I just want to do my job 😂😂
Go on more disability
You are already parasiting off the taxpayer anyways...
Work long, hard, and smart.
White subconsciously adds credibility ... 👏
Thanks for this video! I’m storing my value in Bitcoin.
I've met a few hard-core RP men in their 50s. Then they become PP in their 60s and 70s 😮
RICH, I'm thinking of creating a energy bar geared towards the keto/carnivore, marathoners and fitness enthusiasts. I know there's a ton of competition but I don't care. I'll never know if I don't try. I'm 45yrs old though, in your opinion, is it too late for me? Because in my mind, it's never too late.
Rich I would love you to make a video on “pre nups “
What to have included in a pre nup before getting married or even moving in with a woman …?
Asking for a friend ..
There are far far better options than a mere prenup … seek a smart lawyer to protect your wealth.
Q: control everything, own nothing!
Set up an offshore trust for example but a lawyer would help you navigate these legal mind fields… you will not regret it.
@@ethereumrise7860 interesting
..so the offshore account or wealth can’t be divided in case of divorce or in case some body sues me ?
Thanks for your reply
That Chad dude @30:00 just made me lose brain cells
Marine Corp veteran, 49 yr old male nurse. No kids widow. In great health and shape… but I want to focus on elevating my financial position. Any tips out there?
Have you considered a chocolate pudding party in Dubai?
I hear those sheiks are willing to pay a lot of money for these uh...services...
I get what you are doing. Correct me if I am wrong, but you are basically promoting yourself as a relationship and dating also wealth creation guru, and then you steer your audience to your $1000.00 per year group, so you basically if you get 100 people to join that you are making $100k per year, and if you get 1000 people to join that you are making $1 million dollars per year, and hopefully people will just renew each year growing your followers paying $1000 per year and then after say 10 years if you have got just 10 thousand members you are making $10 million dollars per year basically not really doing that much besides promoting joining your group... seems like a pretty good idea if that is basically how it works.
I think it's what enterprenaurship is - you don't trade your time for money, you don't have hour rate, you do job once (for example write book, create video) and profit from it for some years
If he is not doing anything at all, would somebody renew their membership ?
@@blossom7928 I don't know but I would imagine that most people would not renew but some probably would, because yeah it is $1000, but that is only $83.33 per month. I also think you set it to auto-renew unless they cancel prior to 30 days so then if they forget to cancel they will pay for another year, so that way you get at least 2 years. I can't imagine what he possibly has on his website but renewals are probably a bonus whereas new members are probably the focus. The point is you only need 100 people to sign up per year to make twice the average income. And I mean it's not like actually working.
agreed
Cooper is running a subscription based MLM essentially.
Ta te took his model and super-charged it to make that nonsense Hustler's University.
Cooper despises his customers, but knows they are his market.
Essentially, he is the smartest person in a du mb room...
9:18 what kind of programmers are making that $750K a year I programmed for decades dont know anyone making that kind of money
Live below your means, invest, surround yourself with likeminded people and not be afraid to abandon those who are not on your same path
Tips on selecting a good business partner? / red flags to watch for in business partners
Great show ! Always good fuel for me !!!
But how do you get started with literally zero resources and no car? That's my problem. Living in the same poverty rut that I was in from birth till now being almost 30 years old.
Simplest way? Six. Six. Seven. Ten. Get a six figure job, save six grant a month, get a seven per cent return. Become a millionaire in ten years.
6 grand a month savings??? How is that possible on a six figure income like $100,000/yr? After taxes, there is nothing left to live on! I think you need to adjust your premise...
@@dmark2639 Obviously not ultra low six figures, but if you're at 150k level you should be able to put away a third of your gross. It doesn't take much from there to hit 70k in savings pa. This does suppose your aim is a million asap from a job, which will require some compromise and sacrifice.
There is no how to be a millionaire short cuts. You have to find something your passionate about and work your ass off to be the top 1% in your field.
Eddy has some potential in him. I can see from his eyes.
I have my HVAC company Ventura County, in the West Cost, CA.
I love your videos. I Heard something on this videos TUA #5. that I like. How to become wealthy. Want to be a millionaire... Can we do one on one and give me the ropes or the notes that you had in your hands. Let me know how I can reach out you... Or if you can Please reach out to me.
Bet the farm on XRP during the lawsuit. Full conviction.
@Brian Tonei no definitely not.
@Brian Tonei I'll be you $100
@Brian Tonei lol I'm just answering your question
Your business card should have O on it as in Owner. Or you’ll never make more than your boss.
I agree wholeheartedly. I'm not actually trying to have a job. I'm trying to be financially free. He talks about entrepreneurs later. When you're an entrepreneur you can put call yourself whatever you want.
There are plenty of l 0sers on Facebook and linkedin who are the founder/owner of some company which only exists in their heads.
I am sure some of them have the business cards too...
This is the fórmula If you want yo be rich:
- you have to create a product or service that resolves a problem in a different way to a market willing to buy it.
- plus capital to invest
- plus 1 million working hours.
That ‘s all, it’s no rocket science
The problem is that this fórmula is not easy to resolve, you need a lot of creativity, compelling skills, resiliency, discipline and hard work, that’s the reason why become a millionaire is son difficult and only a few people can achieve it.
I just sold two houses and made 450k profit. I currently earn around 150k a year and have over 300k in IRA. So now what? 32 years in the same field of work but now I’m ready to retire and say fuck it!
then do it, l 0ser
@@CEWIII9873 don’t hate bc you a broke biatch!
@@cheby56 not too broke for your m 0m, however at least I do not refer to her with such language...
No matter what everyone else says....
@@CEWIII9873 lol. . What are you 12? Broke azz boy!
Chase excellence, not women, excellent advice uncle, i am extremely fortunate to have read about redpill since i was 18, bur extra knowledge wouldnt hurt
Greatness.
I disagree with programming, one of my buddies in the States maxed out at 250k. There was maybe 4 guys in the world that had his ability. He could not get past the 250k mark.
Yesterday 500 k contract for my business partner
#10 Day Trader
Shh
To Vas,
Betina arndt (youtuber), talked to a ex female police officer in Australia. You will here the truth there.
wonder how it went with that Tesla investor
If you're aged between 15-20, this information is invaluable
1:14:15 - That guy needs to stay on top of the custody stuff.. just moving to some place where it's almost-reasonable will not be enough. It might change in 15+ years. The trend is oppressive to fathers.
Sorry Rich, My inner Alpha says No Vaxxing so I cannot be a health care specialist and make 6 figures.... I need to get into top level sales somehow.
Thanks Rich !
Hey rich just curious do you think more plates more dates is a credible source of knowledge, he seems like a credible dude but I was just curious what you thought
2:40 3:44 6:30 8:22 12:45 13:42
Love this video
Do you have a live session?
I want to ask you questions
thanks man
Thanks Rich
I've never lost women chasing money... I've lost everything chasing women..
amazing
Looks like #4 “writing code” didn’t age well. Majority of tech jobs laid off the majority of their programmers. I’m sure there is still opportunity, but extremely competitive.
Is this tesla guy from Twitter with 10 Million at peak Tesla stock..and he was going to leverage it or take loan against stock..is he still millionaire
I met a successful entrepreneur who wants to mentor me.. I know nothing about entrepreneurship but I'm an open book. I need all the tips on how to succeed at this. Any help is appreciated
don't su ck
Which is probably difficult for you, so...
This may be an artifact of the era/market, and may be tied into entrepreneurship, but I know a few guys in the trades making low to mid 6-figures RN.
That made me kinda sad when that caller asked about changing careers to be a police 👮♀️ officer. Maybe police are more respected in Australia 🇦🇺, Rich is right, it can be a tuff road to hoe here in the states or Canada. They put their lives on the line for us. We could use some more good guys like that caller! 👍🏻
its a losing game its a J-O-B