Where are you going to live while this is going on? How will you get to 4 cars in an hour? Or alternatively how will you get 4 cars to you every hour? To keep it up for 5 years you need a place to live, food, electricity and transport. What Steve Harvey is trying to teach you is that you can jump start a business by doing your gift 10 times, and the repeating that process of doing it 10 times another 10 times, until you have enough to maybe hire someone to do it 10 more times with you and potentially make more money together

@@Iigua I'm pointing out the scale of his claim, which is a little unreasonable.

ok so in the case u cant tell me how survive without food and shelter I have one question for you: what the fuck is your point?

You're thinking like steve harvey I like it. Steve harvey did something similar before he hit the big time, it's not the same but it was close. I heard he was selling hot- dogs.

@@Iigua your expense is still included that’s something you have to figure out nobody said it’s easy. He saying for business, he also says at the hundred thousand mark hire people but keep the model going. He never said you would keep all this money automatically but he’s instilling the foundations of becoming a millionaire. Most businesses don’t make money the first few years normally lose or break even but repeating the formula resulted in growth and then the profits show.

Thank you. Being motivated is nice but you have to be realistic too

Thank you Niels 🙌 We appreciate your support

Very well said

This is exactly right and that the big missing piece of the puzzle in what Harvey tried to explain because I added up what I mean and then when only 10 more times make $200 and not 1000

Your already defeated by your mindset. Most millionaire singers started off broke and in situations like you. What did they do? Use the gift, perform in small places and get a following, build confidence and skill, then take a chance on a bigger stage and BOOM. Don’t stop yourself before you start. Faith without works is dead and vice versa. You have to believe in you first, the rest will fill itself in.

It’s also not just about being a millionaire it’s also about happiness. No sense in making a lot of money if you are miserable, stop letting people push their sense of reality on you. Your parents may have been put in a box but don’t let them box you. People get rich everyday off of stupid stuff so believe in you

Do the second best thing

Yes some elements of what you say are correct but again he’s the multi millionaire and what he say is real. People need to stop trying to figure out how to be a millionaire and focus on their craft and maximize. Once you find the successful formula keep it going, repeat, grow,repeat etc… he also says what you the best at with the least amount of effort. So if your output is so much a strain then it may fit into the category of not for you.

@@dennisbarber9528 it doesn’t matter if he’s a millionaire or not. The math I presented is correct. Your effort remains 1:1 and you have to either scale and hire people which means your income goes down with salary and wages paid out. Or you have to massively increase your effort and as I say the first time you do it you 10X your income. Each time you 10X you don’t 10X your income. If you add another 10X customers from 10 you have doubled. If you add another 10 you’ve added a third. But the output of effort remains the same. It’s much better to design a system where you do the thing once and you repeatedly get paid. Which is a lot like what Steve actually does with TV. You record a show once and that makes money for a company for ever hence you get a good salary. But he’s not practicing this himself. It sounds good and truthy. But in fact as I say it’s better to do something once and get paid forever for that thing. By front loading effort.

@@boomerz2478 🤦🏾‍♂️ again not saying you are completely wrong your still not understanding the concept, Steve also has one show but multiple episodes meaning he’s still actively contributing it’s not just one episode on repeat but ok. I’m gonna go sit my rich ass down cause me and my friends must not know shit but I bet your over there swimming in cash and assets off of this one thing. Teach me ole wise one 🙏🏾

@@dennisbarber9528 well I think I already made my case. There are many things that you can build in business where the input is not 1:1. His analogy works off the assumption that you do one unit of effort and get a fixed unit of reward. And that it’s just a case of multiplying the effort to get a multiplication of reward. Where’s I’m arguing you can do many things where you make one amount of effort but get ongoing rewards. Writing a book is one example. Posting evergreen content to KZfaq is another. Many types of business work like that. You can set up an online business for instance where you may front load some effort in startup and then after that it requires minimal maintenance depending on what it is or how you organise. That’s my argument that instead of increasing effort in equal proportion to income. That it’s better to have a different system. Yes not everything works. And not everything is instantaneous. And the majority of startups fail for one reason or another. But it’s better as I say to do one bit of effort and get paid forever theoretically speaking. Than do a piece of effort and get paid once. As per Steve. I wasn’t saying this is personally what he’s doing but this is essentially how studio system works. He films a show gets a big payday for it. But to him that’s still 1:1. But to the studios, they can sell that show over and over and over again. License it to new countries, streaming services, and yada yada. So to the studio they made a one time investment in Steve but that show effectively so long as it’s popular has an ongoing pay day. System design. I’m just saying his suggestion whilst in one sense it’s correct just means the only way you make more money is with more effort. And in reality the biggest earners in a society do increasingly less work because they create systems and employ others, or use their capital in ways that they make effectively higher and higher returns over time. I’m not disagreeing with you actually. I’m just saying if the aim is to get wealthy then this is a very slow churn. And what happens with his system if someone gets sick or they have an accident. Then the cash flow stops when their effort stops. There are situations where if someone is flat broke and doesn’t have a war chest or access to credit that this works. You just effectively keep on working as hard as possible and growing your clients until you get enough to move to a better approach. But long term this will just physically wreck someone if this is their formula to get rich. Ultimately you need money to make money. You can’t wait three years for a startup to be cash flow positive if you’ve no cash to start with. Or if someone’s got no track record it’s almost impossible to get finance. So there is a place for what he’s saying. But as a long term strategy it’s flawed. But he means well.

If all you’re earning at first is $10, you’ll have to do a shit load of work by yourself before you can even think about going anywhere with it … then, you begin to create the system. He sort of alluded to it when he said that at some point you’ll need to start “hiring people” and “figure that part out”

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@@academyofwealth Why were you banned?

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