How to Become a Millionaire (It’s Simpler Than You Think!)

From UpFlip.

Have you ever wondered how to become a millionaire? Serial entrepreneur Todd Johnson knows the answer first-hand. In this interview, he spills his secrets not only on how to make a million dollars but also how to build on that and achieve true financial freedom.

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Both in Los Angeles and on YouTube, Todd is known for his impressive car collection and luxurious lifestyle, so it may surprise people to learn he didn’t come from a wealthy background. Todd learned the value of a strong work ethic and how to hustle from an early age. He started working as a teenager, first doing yard work then taking a job in a kitchen that let him make enough to buy his first car at 14.

He has maintained that drive for success into adulthood, taking night classes that taught him to build and sell computers while he was in the Air Force. It didn’t take long for him to branch out into other industries, and in the years since he’s built multiple sustainable, profitable businesses, including one of the fastest-growing IT companies in the world.

Of course, Todd will be the first to tell you there are a lot of pitfalls on the path to becoming a millionaire. We’ll hear about the mistakes he’s made, what he learned from them, and how he pushes through challenges and setbacks. He’ll also talk about how to set improvement goals and cultivate the right mindset for success, along with sharing other tools and strategies that have helped him unlock his full potential.

Whatever industry or stage of your career you’re in, Todd’s advice can help you to push it to the next level! Make sure to check out these other videos for more advice on how to scale profits and revenue:

How to Build a Brand that Scales to 7-Figures (And Beyond) ►

A Day in the Life of an Entrepreneur ►

Resources – Find out more about Todd at his website – Hear more insights from Todd on his YouTube channel – Buy a business to start your millionaire journey on UpFlip

00:00 – Start
00:40 – Meeting TJ
02:35 – Looking around TJ’s neighborhood
03:21 – Best niche for a new entrepreneur
05:03 – Having a clear vision
06:38 – Most common entrepreneur mistakes
08:07 – How to get started with no money
10:05 – TJs current entrepreneur focus
11:22 – Passive income
13:49 – Systems and tools to manage finances
14:59 – Taking a drive/Recovering from setbacks
17:06 – How leadership affects financial growth
18:07 – Blitz questions
19:48 – Niches to avoid during a recession
20:53 – Millionaire mindset
22:29 – How to buy a business with no money down
23:59 – How to network as a new entrepreneur
25:55 – Value of coaching for entrepreneurs
27:59 – What to look for before buying a business
29:15 – Importance of passion
30:41 – Skill that self-made millionaires share
31:39 – Success club sprint
33:58 – Day-to-day habits of millionaires
35:46 – Biggest regrets as an entrepreneur
37:20 – Final thoughts
38:54 – Outro

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