How Long Does It Take To Become Wealthy | Part 4

Welcome to a new world it's called the recession. We're in 2022 and I want to talk to you today about how long does it take to become wealthy. Let me talk about mentoring and coaching. Coaching is someone who's going to guide and kind of navigate you along and hold you accountable. That's not what a mentor does. I'm a mentor which means I've walked a path long probably before most of you. Now I have multi-millionaires coming into our community on a regular basis. Why? Because they want a place to have a conversation. They want to be with people like the five people that you're surrounded with. Where do they find the people that talk about deals, structure, trust, your family, family conversation. Where do you get to have this conversation about money? It doesn't exist. Not in a really rich way. So we have a conversation about money multiple times throughout the week and we guide you through the millionaire path and just recent book on how to make your kids millionaires. There's a whole checklist on exactly the things you need to do from zero to 20 to help your kids get on the right path. If you really want to join me in mentoring, here's the questions and the checklist that we have. We ask you just to go through this. Number one, if you're not a millionaire, you need to be in our community at the big table. That's our millionaire path. Again, your baseline, your freedom days, are they complete? Do you have a business plan? You say, well, I don't even thought about a business. Well, then we'll go back to my cash machine book and put more cash and we'll get you, you know, give you some ideas and then you're going to create a business plan so you stay on track in creating revenues. Entities and trusts have to be current. Your contracts up to date. You say, well, I don't have any contracts. Notice these are things millionaires talk about. So if some of these things you're like, I don't, this doesn't apply to me. I'm going to say lean in and it should apply to you because this is what millionaires do. This is what we talk about. We talk about our trust. We talk about having revocable irrevocable trusts, how to do legacy, how to have that value set in your family that your kids want to sustain the money and just don't blow it when you pass away. That there's actually an organized plan that when you pass, you're all going to have an expiration date. So you can leave the surprise basket and leave the mess to your kids to fight about, or you can be in a very organized fashion and train and teach them through your lifetime, which is what I'm doing with my kids and highly encourage you to start it with your kids. You say, well, how do I begin YouTube channel five days a week? What's the lesson you can learn every day? How do we implement another lesson? And then another lesson and then another lesson and just start. That's the biggest piece you've got to begin and how fast it's going to take you to have wealth, whatever wealth means to you, even a hundred thousand there, you're going to be in a better position. Right? Do you know that a will is not going to make it through probate? If you have some people literally will say, I have a will and it's good enough. No, it's not. You will go to probate, which means 40, 50% of everything you did. So say it's just a hundred thousand you're passing on. Why would you get 40 to 50,000 of that to the state versus the loved ones that you actually care about or a charity that you care about? To me, that's irresponsible. Oh, come on. Would you let me teach you? Do you have an investment plan? Right? Like right now I have a lot of business stuff. I'm there a lot of things. So as my son's 23 and looking at what we have and my daughter's going to be 16, he's like, mom, you have a lot of stuff. I said, I know he said, but you know, we can reorganize it and make it. So it's more manageable and the things that I'm going to probably do to the way to the day I pass away. And you're going to figure out what you want to do to continue it. And I can tell you the overarching piece of all of this is you have to have a team. Most of you are trying to do this all by yourself. You don't know how one of the biggest mistakes I see people making. And I'm going to speak specifically to a few Instagram and Tik Tokers who are allowed to go and 35,000 is not worth it to go to be a millionaire. Well, good luck. I can guarantee you you're going to make $35,000 in mistakes. You're going to make mistakes. You're not going to get my Rolodex. You're not going to have all my ninjas strategies that get you and weave you through faster. And most of you, if you actually follow all of our tax team strategies, we'll make 35,000 back in taxes your first year or two, because you're doing it wrong. And if you're just a solo person, you can come for half of that $17,500. So I don't say those prices like I'm stressed about them. Notice I have no attention about them. I think we do a high value offer for you to help you become a millionaire and get wealthy quick, which is three to five years. If you want to be safe and stable, go follow Dave Ramsey and Susie Orman. They do an amazing job at that. That is not what we're doing. We are doing this. So how many of you want to be wealthy, right? So put it in the chat as we continue along. If you'd like to have a strategy session or talk to somebody on our team, go to asklorel.com, put in your information, say, Hey, I want to talk to somebody. I really want to follow along. If you want to start just at the baby level, $17 a month, you can ask me a question at any time, 24 hours a day. And two times a month, we come live and we answer them. A few other things. I want you just to really watch your need to be alone. Like your need to do this by yourself. I call it the most fabulous game of self-sabotage. It takes a team to do this. So I don't believe in self-made millionaires. I believe in team-made millionaires and everyone I know that's been a millionaire, multi-millionaire has had a mentor. Somebody's walked the path before them, has made mistakes for them already. They've navigated all sorts of times. I think I have helped navigate now through eight or nine economic impacts. Like right now we're in a recession. We're going to walk through this one. We walked through eight, nine, and 10. We've walked through all sorts of downturns. We walked through the pandemic. We've helped so many people sustain their millionaire status by staying together and connecting together. You have financial family here and you can do whatever you want out there. I can tell you, I want you to lean in. I want you to take this seriously. How fast you become wealthy is really up to you, but it is your choice and it's your game. I would say live decisively, live successfully, model this for your kids. If you don't have any, you should get some of their and anytime I'm available to talk to you, go to askworld.com, put in any question, any request that you have, and we are here to serve you and help you. If you have any issues that are going on out there, call into our office. Let us solve them. Here to help and here to help you make how long your path to being wealthy and a millionaire up to you, our job is to shorten it. See you soon. See you tomorrow on YouTube.