How to earn
1 Million Per Year
How To Make $1 Million Per Year
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what's up you guys it's Graham here so a
few years ago I had this insanely
impossible goal to one day make over a
million dollars in a year at the time I
made that goal an amount like that just
seemed ridiculous
I didn't have a plan to make that happen
I had no guide as to what I should be
doing and I had no idea if I would ever
actually achieve it but I figured I
would just make an unrealistic wild goal
keep it in the back of my head and then
just see what happens and shockingly
less than two years after saying that I
ended up achieving the goal and making
well over a million dollars in a year
after expenses and after taxes so I felt
like this would be the perfect
opportunity to share exactly how I did
it the steps that you could follow as
well and everything that I have learned
along the way to making that happen
basically this was the video that I wish
existed two years ago because there are
significant differences you must
understand if you want to increase your
income this dramatically and also there
are not that many real guides out there
about how to make a million dollars a
year from people who have actually gone
and done it like you hear all of these
wild stories about startups being bought
out or people in CEO positions or actors
getting paid tens of millions of dollars
to be in a movie
I am none of that I'm just a guy who
loves talking about personal finance and
saving money in his garage and tries way
too hard to get people to smash the like
button for the YouTube algorithm if you
have not done that already yep that's me
anyway let's go over exactly what I've
learned about how to make a million
dollars a year and some of the
strategies that you could implement as
well and at the very worst case if you
watch it into the very end you should be
able to walk away with a better
understanding of what you need to do to
increase your income and make more money
consider this video to be like the how
to make a million dollars a year guide
except I'm not gonna try to sell you
into a pyramid scheme it's just a free
video that hopefully you find helpful
and valuable so with that said let's
begin where most people start and how
the majority of people end up making
their money and it is this first it's
important to understand that there are
three stages to making money and to
understand exactly what the stages are
and then how to move past them we need
to begin where most people start their
journey and that would be getting paid
for your time this is by far how the
majority of people are paid and
subsequently how they think about money
they trade their time for a set amount
of money every hour every day every week
and from that their income has a ceiling
they can only work so many hours in a
day and only make what someone else is
willing to pay for their time and
the stage of income the only way you
could end up making more money is to
either work more hours gonna raise get a
promotion or switch careers to something
that pays more however the issue with
this is that your salary is entirely
dependent on how many hours you can work
and who is willing to pay you the most
for your time and that is a problem
first time is a limited resource and you
can only work so many hours a day like
physically you could only do so much
until you dig yourself into exhaustion
or you just run out of hours so that
presents a problem because eventually
you're gonna hit a ceiling in terms of
how many hours you could possibly work
in a day and when you reach that your
income is going to plateau so that's an
issue that definitely needs to be
addressed if you're expected to earn
more because as far as I'm concerned we
can't make it more than 24 hours in a
day I wish we could I would love to if
anyone figures that one out let me know
but as of now there are still only 24
hours in a day a second for most
employers there will be a limit as to
how much they could reasonably pay you
for your time
no matter what job you do of course yes
there are some highly specialized
careers out there in law and business
and medicine where they pay their
employees over $1,000,000 a year but
besides those few outliers the majority
of the time you're gonna get paid within
a set range depending on the size and
type of your industry and also how
replaceable you are as harsh as that is
to say the more competition there is
between jobs the more selective
employers can be when picking employees
and therefore the less you get paid on
the other hand the less competition that
you have the less selective employers
can be and therefore they have to pay
more to attract talent of course there
is a sense of security that comes from
knowing exactly how much you're getting
paid every day and I certainly
understand that appeal but that type of
security comes at a cost of building
wealth potentially delaying financial
independence and also getting paid what
you're actually worth and for many
people eventually you're gonna reach
that plateau where you can't possibly
work any more hours you can't possibly
make any more money in your field and
it's at that point where you might
consider moving on to the next stage of
making money getting paid for results
this is when you get paid on your
performance or by completing a task
regardless of how many hours it takes
you to make that happen and when you're
getting paid by results you could expect
to earn substantially more money by
working the exact same amount of hours
this is how you have some people working
less than 40 hours a week but somehow
they're still able to casually make
$500,000 a year they found a way to
effectively manage their time and their
only focused on producing the best
results because when you get paid for
results you could utilize your time
however you like and as long as you get
it done you get paid no doing this has
several advantages number one being you
could work smarter and not harder the
amount of time that you spend doing
something makes no difference whatsoever
it just matters that you get results and
this is how I started my career as a
real estate agent knowing that the time
I spent working with a client was
totally irrelevant all that mattered was
that I was able to utilize my time
effectively to get the home sold and if
I was not able to do that and produce
that result I didn't make any money that
caused me to hyper focus my time on only
the highest yielding properties because
I knew that I only had 24 hours in a day
and it was entirely up to me to put that
time towards its best use that meant
that I was able to work smarter and not
harder and make more money for the time
I do spend working the secondly by
getting paid on results your work
becomes a lot more sustainable you know
even though your income might fluctuate
month by month because you're the one in
charge of your income you have more
control over the income you do make you
could choose to take on more or less
work as desired and you could make
yourself less replaceable if you are
producing good results that means that
long term you're gonna have way more job
security because you're the one in
charge of how you manage your time the
third you're able to work less hours but
still end up making more money this is
exactly where Pareto's 80/20 principle
applies this is a principle that
theorizes that 80% of an effect comes
from 20% of a cause where in other words
80% of your income comes from the 20% of
the time you spend on it and anytime you
get paid on results this is especially
true as a real estate agent
I found that 80% of my income was just
coming from 20% of my clients on YouTube
also the exact same thing applies 80% of
my income comes from the top 20% of my
videos however that also means that 80%
of the time I spend is chasing after the
remaining 20% of my income and as we all
know that's probably not the best use of
time so from that I was really able to
look at my business and out of my time
and remove myself from the 80% of the
business that was only making 20% of the
money and spending more of my time on
the 20% of the business that was making
80% of the result this is exactly how I
was able to grow my real estate agent
business from a hundred and forty
thousand dollars a year to five hundred
thousand dollars a year in gross
commissions without really changing much
or working anymore
if anything I was working less and being
more selective about the clients I was
working with hence the 8020
but unfortunately as great as getting
paid by results is and as much of an
improvement as that is over getting paid
for your time the reality is that
sometimes there's only so many results
you could possibly get in a day even if
you're the best at what you do you still
might reach that soft plateau where you
can't seem to expand much further and
you can't seem to do any more results
and that is where our third stage comes
in leveraging your results if anyone
wants the formula as to how you can make
a million dollars a year or more this is
what I figured out you need to learn how
to leverage your results because like I
just said beyond a certain point
sometimes there's just only so many
results that you could possibly get in a
year before you start to cap out that's
when you begin to leverage your results
by doing one of two things number one
you can hire employees and have them
work for you there by leveraging your
results for me I was working as a real
estate agent selling about twenty
million dollars a year of real estate
and that works out to be five hundred
thousand dollars a year in gross
commissions however there would be
nothing stopping me from building out a
small team of ten agents to work
underneath me and if each of those
agents brings in two hundred thousand
dollars in gross commissions and I
collect 25% of that in exchange for
bringing them on the team and
introducing them to my business that
would be another five hundred thousand
dollars worth of income in addition to
the five hundred thousand dollars worth
of commissions I was already making for
simply leveraging what I was already
doing and employing a team think about
that for a second I don't need to work
any harder than I already am I don't
need to go out and work any more hours I
could bring on other people underneath
me who are also getting paid on their
results and we could each benefit
collectively from our work this is
basically business 101 in a nutshell
like you didn't have Henry Ford out
there just going in building every
single car himself by hand instead he
hired employees leveraged his results
created the assembly line and then built
an empire every single business out
there does this exact same thing and by
leveraging your results you're able to
earn substantially more the second you
could leverage your results by building
a business that has the potential to
scale without any further involvement
from you and this is the route that I
ended up going that's caused my income
to skyrocket so dramatically this year
first I'm paid by results as a real
estate agent if I sell a house I get a
commission therefore I am able to use my
time very wisely work less but focus on
the highest yielding business but then
to take it to the next level instead of
going in building on a team I decided I
could teach other people how to grow in
the business and leverage my results to
create
additional source of income from that
and created a program on teachable
called the real estate agent Academy I
went over exactly how I built up my
business the strategies that worked
really well for me and how I could teach
everything in you to someone else and
then I package that as a program online
that meant that I would need to do a lot
of work upfront but once it's up and
running it would continue to sell
regardless of any further involvement on
my end and so far that program has
passively made me over one hundred and
eighty five thousand dollars the same
thing also applies to YouTube I'm able
to make a video once and that video will
continue providing value and generating
views without any further involvement on
my end now you can just imagine what
happens when you have over 500 videos
published on YouTube and every single
one of them is generating a small amount
of views every day and generating a
small amount of bad revenue for example
with Business and Finance channels we
have a really high CPM and it's not
unheard of for older videos to be
generating an average of 5 dollars and
50 cents a day multiply that by 500
videos each earning an average of 5
dollars and 50 cents and all of a sudden
you're over a million dollars a year
just by leveraging your work upfront
then I did the same thing as they did
with a real estate agent program I
decided to put together a teachable
outline that goes over how I was able to
grow a channel the techniques that I
have found that work the best and then
package that all together as the YouTube
creator Academy and that so far has done
over two hundred and sixteen thousand
dollars this year just with my upfront
involvement from that the biggest lesson
that I have learned from going to stage
2 to stage 3 and subsequently making
over a million dollars a year is that
you need to do something that is beyond
yourself you cannot just work for
results without leveraging those results
and finding a way for that to do all the
heavy lifting for you without any
further involvement on your end and
finally it's incredibly important not
only to leverage your results but also
leverage the money you make from those
results so that way it can continue to
grow and expand beyond the work you put
in and you could leverage the value of
your money by investing it and we'll
call that stage 4 and to me this is the
most powerful leverage you will ever
have when it comes to making money this
is true passive income and true wealth
building beyond anything else and for
that I'm going to put up a quick
Photoshop I created just now just right
here you'll see that in stage one when
you trade time for hours you're limited
by the amount of time in a day and your
income will eventually be cashed next
stage - when you trade results for money
yes you work less and can make more
money but you need to continue producing
results and there's only
so many results you can reasonably get
to on your own then stage 3 when you
leverage your results for money you
could work much less and potentially
make an unlimited amount but you need to
maintain that source of income if it's
expected to continue and oftentimes a
seven-figure income isn't the most
sustainable long term but when you get
to stage 4 and invest your money it will
grow long term regardless of what you do
with your time this means that you can
earn money without having to work at all
and with no involvement whatsoever on
your end so in order for this entire
model to be sustainable and for you to
use this income in a way that's not
spending it on Lambos and mansions you
need to save as much of your income as
you possibly can invest as much of it as
you possibly can and don't go and buy a
designer clothing or Starbucks coffee
this way you're gonna be able to create
a sustainable source of income from your
investments that will allow you to work
in whatever job you want to walk away
from anything you don't want to do to do
whatever you want without money holding
you back oh and one more thing I want to
mention really quick since it is Black
Friday in the spirit of saving money if
you do happen to be interested in either
one of my programs I will be knocking
off $200 using the link down below in
the description for this is it a holiday
I it's a holiday to me it's a holiday
Black Friday I'm just going to be
keeping that discount Lee going for 48
hours and then after that I will swap it
out for the normal price so if you
happen to see this shortly after I post
then there you go enjoy $200 off and if
you see this video after the 48 hours
then what's up future people the link is
not going to be working but I figured I
would just mention it for anyone who is
interested and if for whatever reason
you don't like it you buy it there is a
no questions asked refund policy for the
first 30 days so you just have to let me
know within 30 days for whatever reason
you're not happy with it you'll get a
full refund but again like I said is
just at 30 days that's the limit
teachable gifts means so that that's
what it is so with that said you guys
thank you so much for watching I really
appreciate it as always if you have not
already gently destroyed the light
button make sure to go ahead and do that
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bell as well while you're at it also
feel free to add me on Instagram I post
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me there also feel free to add me on my
second channel that is the Graham
Steffen show I post there every single
day I'm not posting here so if you want
to see a brand new video for me every
single day feel free to add yourself on
that and lastly if you guys want to free
stocks just use the link down below in
the description weeble is holding a
promotion beginning today where they
will give you
one free stock just for signing up on
their platform and another free stock
that's worth up to $1,500 when you
deposit any amount of money on their
platform it's basically a free stock
trading platform like Robin Hood is
except they'll give you two free stocks
and the stocks can be worth a lot of
money so if you want that you may as
well just sign up put any amount of
money on the platform you get two free
stocks there you go and it's free I love
free so there you go and you could do
that also on Black Friday so anyway
thank you so much for watching and until
next time
