So There Really Is A 'Formula' To Wealth...A Day at Chicago’s Only Michelin Star Indian Restaurant | On The Line | Bon Appéti

I want to let you guys in on a little secret. What if I told you that the top 1%ers or the people who generate 80% of all of the wealth in this world, what if I told you that there was a formula, an actual formula that you could use to make millions upon millions of dollars? Would you believe me? You see, in a time where everyone is totally broke, in a time when everyone has no money, behind the scenes, millions of people are getting rich, and people just like you are joining the ranks of the new rich. Every single day, many new millionaires are being created, and no matter how many flaming thumbnails you see across YouTube from other finance YouTubers, people out there are definitely getting rich. So the only question that we have left is how? Or more specifically, what is the exact formula? Now, despite what everyone would have you believe, the formula for wealth is actually stupid simple. And at the same time, it's the same exact formula that is used by all the richest people in the world, and it goes a little something like this. Now, when you go out to eat, when you pay a restaurant some money in return, what you get is you get some food. And if we break down this transaction, the way it works is that I get some food while the business owner gets a small profit. Now, every millionaire and billionaire in the world gained their fortune based on the simple idea of exchanging value for money. But the world that we live in now is very different from even the world that we lived in 15 years ago. And no matter what you do, you can never escape the equation of trading value for money. So if you want an enormous amount of money, you have to deliver an enormous amount of value. Things are so much different today because the ways in which we are able to deliver value have changed so dramatically that before the internet, there was really only a few ways that you could actually create value and deliver it to people. But during this time, it was almost impossible to create a large amount of value at scale. But the world today is entirely different, and you can actually create and distribute value in thousands of different ways at scale from the comfort of your own home. The reason why you keep hearing people say that it's easier now than ever before to become a millionaire is because it's easier now than ever before to deliver value to other people at scale. So you might be asking yourself, if it's easier now than ever before to make money, then why is it that most people have no money? Why is the gap between the richest 1% and everybody else bigger than it has ever been before? And the answer is simple. People do not understand the formula. They don't teach this stuff in school, and to be honest, most people who are multi-millionaires are far too busy making millions of dollars to get on YouTube and to share their secrets. So the reason why nobody has any money is because very few people even know that this formula exists. So what then is the formula? Now, the formula for wealth is really simple. The formula for wealth is finding a system that can quite literally multiply your money. Any system that you can create yourself or take from somebody else that has the ability to make you $100 has the potential to make you $1 million, but only if that system is scalable. See, getting rich is actually stupid simple, and if you look at any company out there that is making millions upon millions of dollars right now, every single one of these companies has created or copied a scalable system that can be repeated over and over and over again. It's just like trading in the stock market. Now, I'm going to say this again because it's so important to understand. If you have a system or a strategy that can make you $100 per day, that same system has the potential to make you $10,000 per day. It's simply a matter of scale. The reason why most people are poor is because the way that they make money is simply not scalable. The reason why so many millionaires are made using the stock market is because the stock market is the ultimate example of scale. So the precise wealth formula that is used by the top 1% to make stupid amounts of money in a nutshell is finding a system that generates you $1 and scaling that system to the moon. Let me give you an example. If I start a YouTube channel and I create a repeatable system or a series of steps that can bring a channel to earning $10,000 per month and to make $1 million per year, all that I have to do is repeat that system 10 times and then I'll be making $1.2 million every single year. And with a system like that, you would become a millionaire in something like two years unless you go out and you buy a bunch of Lamborghinis like I did when I first started making money. That is the true formula to wealth. The hardest part for anybody who is trying to do this is developing the actual system, but it's also figuring out how to scale that system. The place where most people go wrong is when they try to scale the system because there's only so many different systems that are actually scalable enough to the point where you can actually use them to make millions of dollars. So when you're looking for a system, the two main things that you need in any good system that has a potential to make you a ton of money are scalability and repeatability. Getting rich is really that simple, but the hardest part or the part that people who are rich keep a secret is the actual system. But once you have a system that can make you $1,000 per month, all that you need to do to make a million dollars per year is to replicate that system 100 times over. In fact, this is precisely what wealthy people have done with the stock market and with real estate and rental properties. And it's what all the most famous and wealthy rappers, musicians, and actors have been doing for many decades now. And it is finding and perfecting this system is what you need to do if you want to get super rich and if you want to join the top 1%. And with that said, my name's Julian. This, this is the new rich. And until next time, thank you so much for watching.