This Guy Makes $20,000,000/Year With 0 Employees (

Рет қаралды 309,575

Күн бұрын

No more small boy spreadsheets, build your business on the free HubSpot CRM: mfmpod.link/hrd
-
Episode 365: Sam Parr ( / thesamparr ) and Shaan Puri ( / shaanvp ) talk about Amit Agarwal, a multi-millionaire with 0 employees, the Billy of the Week, and an update on "Sara's List."
-----
Links:
* Amit Agarwal - labnol?lang=en
* Carl Allen - www.superyachtfan.com/yacht/g...
* Carl Allen's YT channel - • Bahama Banks: Recoveri...
* "Sara's List" YT - • 12 Startups Where Stoc...
📧: Sign up for The Hustle Daily Newsletter: mfmpod.link/0bt
🎙️: Download Our Podcast: link.chtbl.com/zAASsyN-
A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
------
Show Notes:
(00:00) - Intro
(0:40) - Millionaire from Google plugins
(07:27) - Billy of the Week
(13:50) - Make your 12-year old self proud
(19:24) - Update on "Sara's List"
-----
For more quality videos subscribe here ➡ / @myfirstmillionpod
🔔 Turn on notifications to stay updated with new uploads
#shorts
#youtubeshorts
Like || Share || Subscribe

Пікірлер: 286

@lailaalfaddil7389 Жыл бұрын

Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

@susannnico Жыл бұрын

It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisor.

@shivamsharmaji Жыл бұрын

Amit is the real OG blogger in India's blogging scene. Another insane skill Amit has is his SEO skills - checkout how well it blog posts rank for Digital Inspirations. Digital Inspirations was making over $200K back then when CPMs used to be super cheap.

@AkWar9 Жыл бұрын

I think he was the first tech blogger in India and my friends say he has been on India’s business news channels since late 2000s.

@rafeeqce192 Жыл бұрын

CNBC covered him in early 2000s

@stansburyclarice4968 Жыл бұрын

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading

@candideharrison5568 Жыл бұрын

what i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit

@terrallcoscarelli7002 Жыл бұрын

who would you recommend?

@presley492 Жыл бұрын

*TERESA JENSEN WHITE,* That's whom i work with

@stansburyclarice4968 Жыл бұрын

I can’t drop her info here, KZfaq is a public place. Just do a web lookup using her full name and connect to her official webpage.

@luiskoogler7926 Жыл бұрын

Okay, I just found her website, very impressive have to admit!

@mrkaleel3285 Жыл бұрын

Shaan dropping mad wisdom today. 'Write to be known well instead of well known', and 'what advice would your 21 self give you' were both 🤯

@thebharathgg Жыл бұрын

To talk a little more about the Indian tax part just as I'm watching the beginning: 1) The tax rate in India caps at 30% for most citizens if you make more than 1.5M Rupees or about $19k. However, starting at 10M ($120k) rupees, they add a tax surcharge between 10- 37% (of the 30% tax rate), making your marginal rate 42% when you make above 50M Rupees or $620k. Basically they increase your 30% tax rate BY 37% which makes it about 42%. 2) Yes, 6% of Indians file taxes but the truth of the matter is if you make more than 300k Rupees or $3700 ANNUALLY, you are in the top 10% of the country but still below the minimum income required to have to pay the tax. So LESS than 10% of the country even HAS the requirement to pay any tax in the first place. So that makes the 6% filing rate more undestandable when youre looking at it from a 1st world perspective where almost everyone has tax liability. That being said what people actually claim to make on their filings is probably up for questioning.

@vijayabhaskarj3095 Жыл бұрын

That is for the personal income right? If he is not taking a salary he can save a lot in under his business's account.

@thebharathgg Жыл бұрын

@@vijayabhaskarj3095 Yes you’re right, but they were specifically talking about personal income when mentioning the 6% filing rate so that’s why I focused on that.

@mariussm1th Жыл бұрын

Same in indonesia, most don't file tax, because there is no Tax to pay for majority of the population .

@shaanpuri5111 Жыл бұрын

Great context - thanks for that!

@FeLiNaLabsLTD Жыл бұрын

Great comment, thank you very muc for the clarification and you gave so much details and insights, really appreciate it.

@vijayabhaskarj3095 Жыл бұрын

Amit isn't some random dude making money, anyone who is a tech nerd in the entire country who had access to the internet before 2010 knows him.

@guruprasadf07 Жыл бұрын

Don't WhatsApp him it's a bit account !!

@MridulMaskara Жыл бұрын

Ya I agree. I too have been on his blog and used his plugins many time around 2011-2014. But I didn’t know that he is a one person company. Also making above 10 Mill $ yearly for his paid services was also unbelievable.

@alihindustani3374 Жыл бұрын

True

@andym415 Жыл бұрын

Amit has always been known as the father of blogging in India. Many well-known bloggers started blogging following him.

@Mike-rw1jw Жыл бұрын

Amit Agarwal does earn a LOT more than a developer with 20 years of experience but certainly not anything like the double digit million $$ numbers thrown around casually in this video

@McElvinn Жыл бұрын

I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45.

@AUstinnesc Жыл бұрын

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

@carter3294 Жыл бұрын

@@AUstinnesc Everyone's first aim should be achieving financial security by careful saving and investing as soon as possible. After that, you can explore other options whenever you want if the work exhausts you. I'm sure the concept of a coach could sound generic or contentious to some, but after firsthand experience, I can declare with certainty that their skill sets are top-notch. In just 14 months, I was able to generate over $250k from an originally stagnating reserve of $90K.

@sherryie2 Жыл бұрын

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@Aziz__0 Жыл бұрын

@@sherryie2 I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

@Blitcliffe Жыл бұрын

@@Aziz__0 Is there any chance you could recommend who you work with?

@mrgyani Жыл бұрын

Amit Agrawal isn't some ordinary guy. He is a legend, a tech genius.

@stealthoverflow Жыл бұрын

Lol chill

@Elite_Employee Жыл бұрын

Nice of Shaan to have interviewed his papa

@logicsandtrolls3616 Жыл бұрын

he actually is just a guy wo took risk to start something and was at right place at right time.

@mrgyani Жыл бұрын

@@logicsandtrolls3616 he is a super talented person. You don't come across people like that all the time - even in the tech field which is full of needs, geeks, builders, entrepreneurs he is exceptional.

@PankajDoharey 11 ай бұрын

He is the first blogger in India.

@KingKongHitDaBong Жыл бұрын

Think a full episode on the 'Sarah's list' would be awesome. I'm a junior dev and would love to know what startups will print

@angelocean365 Жыл бұрын

This episode is so helpful! Yall on your Tyson 1,2 punch right now...Thanks for the stellar offering gents!

@tomascardenasg Жыл бұрын

This comment made me smile… mahalo mate!!!

@kingjosh_soja Жыл бұрын

Amazing conversation. I love the tips and takeaways. I'm inspired.

@sidesplitters Жыл бұрын

I love that 'make your 12 year old self proud'. That's exactly me: not having enough fun, being far too serious (most of the time).

@sidartthabezbora Жыл бұрын

Yes I know Amit , he has been a famous blogger and one of the early tech bloggers I used to follow him . That’s early 2003-2004. He has made lotnof money those early years . Always loved his content . He is famous

@alfredmanzano680 Жыл бұрын

These stories were so eye opening haha. That whole thing about hanging on to the child like energy really resonated with me

@KeaKou Жыл бұрын

Yo what's up bro

@alfredmanzano680 Жыл бұрын

@@KeaKou yooooo!

@ChristianGardner Жыл бұрын

I love the shift between well known and known well 👌🏼

@EnjoyTheStuff 11 ай бұрын

hey man, just discovered your gold podcast - exactly what i needed!!!! best regards from zurich switzerland🇨🇭

@theseekerofenlightenment9366 Жыл бұрын

I was always interested in investing but am really confused on what platform to use, for example what platforms or websites do guys like buffet etc use or what is the best platform to use for short and long term investments? Any reccomendations?

@JonathanPoland Жыл бұрын

Shaan just nailed my new pitch to anyone about business starting at around the 15m timestamp.

@empressjillybe Жыл бұрын

Loving your podcasts! Are transcripts available?

@SummerBaby728 Жыл бұрын

And in India $20 mil is more like $100 mil maybe more, especially depending on where you are in India. BALLER 😮

@jimmoriarty4530 Жыл бұрын

1,65,47,70,000 Indian rupee

@growthaddiction4275 Жыл бұрын

Definitely need another segment of SARA’s list

@ralfluft6324 Жыл бұрын

That's amazing and nice content I've had so much accomplishment after accepting the introduction of the digital unit and the prospect that they'll be beneficial when traded.

@ralfluft6324 Жыл бұрын

Achieving this with KING.AROBERTSON

@ralfluft6324 Жыл бұрын

Whom I connected with on instagram.

@tylerfrank4821 Жыл бұрын

Even while I also checked through his display on 1nstagram and it seemd quit convincing with so possibility of a relying deal with him ill also make a go...

@bervleygrace Жыл бұрын

I've neglected this for so long until this recent times butDeconomy reverse which took all out unaware then I stumbled upon faith discovering this with King.arobertson

@bervleygrace Жыл бұрын

The introduction of digital trading is incredible

@stephaniejose5565 Жыл бұрын

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this. .

@priestrules87 Жыл бұрын

Amit is from my alma mater, he was one of the first professional bloggers in India, and that probably helped him capitalize a lot.

@ryangreen45 Жыл бұрын

Lol he’s not making $20m. John Davis guy who first tweeted about him just assumed out of thin air that he’s getting 5% conversions, wayy offf. I think you guys should just contact him ask for real no.s. I bet neither John Davis nor MFM even bothered asking this person the real no.s, everyone’s making up no.s on their own lol

@mrgyani Жыл бұрын

Exactly..

@bho04222 Жыл бұрын

they did ask him tho and said he got no response

@harshitabhuyan8892 Жыл бұрын

Did you even watch the video? They contacted him and he didn't respond.

@ryangreen45 Жыл бұрын

@@harshitabhuyan8892 I read and commented the original thread on twitter from where MFM got its information. And the guy (John Davis) who wrote it just assumed that the conversion rate is 5% lol if he didn’t reply you don’t just assume the no.s on your own that’s my criticism

@shashankvsingh Жыл бұрын

Would love to see a new updated SARA's list..

@krisna5811 Жыл бұрын

Legendry blogger He lived in agra very crowded area simple in parental home.. His family have business... He invested in property in metro cities too..commercial property...hotels too.. He worked hard silently.. Most cliients in western...

@shibafoss Жыл бұрын

he is often called the father of blogging in india.. he's an inspiration

@lawyermahaprasad Жыл бұрын

Tax rate is upto 30% on personal income, and corp is also similar

@ShivamChhuneja Жыл бұрын

Minus expenses

@Technique1995 Жыл бұрын

The amount of real energy these guys emit is awesome in a sea of pretentious millionaire gurus.

@Reviewingweb3 Жыл бұрын

Props to you both for not using 30,000,000 in the title for clickbait - professionalism achieved by whoever's writing them

@Shvetaki Жыл бұрын

it's not that deep

@peterbrendan8413 Жыл бұрын

He had a blog post that made the first responsive ad unit back in the day, which is now common place. He's a genius

@swyxTV Жыл бұрын

whats a responsive ad unit?

@peterbrendan8413 Жыл бұрын

@@swyxTV the ad adjusts for your screen size

@seabass_1 Жыл бұрын

I'm still not used to not hearing "I can't get this client" in Indian accent when hubspot commercial starts

@adamoconnell7744 Жыл бұрын

Well look here. The boys have finally gone and monetised. It was always a countdown until the ads hit. Boys went deep, playing the long game. Well played gents. Well played.

@user12345654 Жыл бұрын

I was already a fan of Amit Agarwal due to his brilliant articles but didn't know that he was such a success.

@enzoferey Жыл бұрын

This billionaire of the week intro is dope.

@alexforget Жыл бұрын

The Bahamas are crazy underrated. I have been there on a sailboat, you can get there from florida in the same day sailing and then, 700 island, white beaches it’s crazy. If it were to be the to US it would be 1000X more developed.

@fitzsimonsdev Жыл бұрын

I just applied for job 100% because of Sarahs List. Thanks for the idea.

@Shimmey900 Жыл бұрын

I don’t care what everyone is saying about these guys, I think they are witty and interesting.

@rajibpatra1882 Жыл бұрын

Lots of ❤ love from india🇮🇳... Each and every podcast is value pacts and informative.

@MichaelMerritt Жыл бұрын

Surprised the army of google engineers can’t quickly release features to make his products obsolete

@milikerr4208 Жыл бұрын

That's precisely the difference in being too big, and being a BYOB.. No strategy meetings, fancy infra, no who takes the credit 🙂

@MrKrtek00 Жыл бұрын

Google is too big to go after small bits and features. Also, if they start killing their own marketplace creators, that directly hurts their business.

@lenny1526 Жыл бұрын

@@MrKrtek00this !!

@humblebee7979 Жыл бұрын

Love this talk.

@shivamtube009 Жыл бұрын

His blog is said to be first tech blog of India

@ArieS1 Жыл бұрын

I've had that same motto for a while, make my 15 year old self proud hahah

@reddproject5260 Жыл бұрын

Arie, nice to see here. I love your channel.

@CoconutPete 3 ай бұрын

Ok, doing some research and think there are two Carl Allen's, one founded Heritage Bags and the other is someone completely different. The founder of the bag company is dead. The treasure hunter guy is still alive. Apparently there are some sites with inaccurate info out there...

@mariebastian6166 Жыл бұрын

A whole lot of ships were plundered in the waters of the Bahamas by Pirates like the notorious "Black beard" for the treasures and commodities they carried. I am sure one day he just might find some of it if he sticks with his exploration adventures.

@ramonbenito9840 Жыл бұрын

Digital Inspiration helps people to see how to do process and real outputs. Unlike Microsoft you must learn on your own which is 100x harder. People are attracted to things they can do aside from firstly wanting it.

@RekoMoreno Жыл бұрын

Can you share the link to the young Jonah story, now you got me on the hunt to watch it?

@BSPoK Жыл бұрын

Hello My First Million, quick comment, I don’t know if it was intentional but there’s not the option to download this video and watch offline. For some of us living in countries where internet connexion is slow, expensive and unreliable, the option of being able to download a video is very useful because when the video is download, then it’s still possible to watch it even when we’re offline which is usually half of the time because KZfaq consumes a lot of data. Thank you 🙃

@13hubi13 Жыл бұрын

I have such a thrive to get wealthy too, found out some years ago that I have an uncle in the USA that founded the biggest independent music label of the USA. But I don't know him yet, maybe one day I can learn from him. Guess he has alot of business knowledge.

@1files Жыл бұрын

amit had a popular blog called labnol during the 2010 times. every internet user from india at that time, would know about his blog

@zk2507 Жыл бұрын

Can we have an updated version of Sarah’s list for 2023 pls!

@chetanchopra1 5 ай бұрын

Most people don't pay taxes in India because agriculture is tax free and 60% of the population is employed in agriculture

@yewanfitz-earle2001 Жыл бұрын

Hey just wanted to ask what web statistics do you look at when you say, “his blog gets 150,000 views monthly” just curious to understand web analytics a bit more.

@eualexdouglas Жыл бұрын

Well, there are Extensions and SaaS that does that. Most of the things are pais.

@eualexdouglas Жыл бұрын

Paid*

@AlexAlcyone Жыл бұрын

He's done amazingly well - but it's not that unheard of any more. A fair few online entrepreneurs pulling 7 figs a month now.

@the_crypto_channel Жыл бұрын

Love your show

@desiTravelerOfficial Жыл бұрын

Every Indian pays tax in one form or other as most of our taxes are indirect taxes like GST, Excise Duty, Customs duty etc. Income tax is only a small portion of our tax collections. Please understand the tax system before commenting that only 2 % of Indians pay taxes. Even if you buy a 1 Rupee Candy you pay taxes on that. As far as cash economy goes India is far far far ahead in digital payments than USA as of today.

@SoldierOfWudan Жыл бұрын

Great content, you guys cut each other off a lot btw

@CookinCatWithMesoMatt Жыл бұрын

"What advice would your 21 year old self give you" should be it's own youtube video.

@obhutara Жыл бұрын

The numbers are so high, why isnt google just adding these features/plugins and raking in the same revenue?

@sureshkumar-kx2xz Жыл бұрын

I am not sure whether this is true or not. I am skeptical!!

@pranaypatil66 Жыл бұрын

Taxes in india are paid indirectly as sales tax , even if majority of the people do not pay income tax

@mofavaz6011 Жыл бұрын

If your money is coming from outside the country, you don't have to pay tax. There some tax exemption for the money coming through export of services... He can have full amount himself..

@sreyanshuchaterjee3962 Жыл бұрын

Tell me more

@nilaypatel413 Жыл бұрын

amazing content

@cryptodrizzy9362 Жыл бұрын

Take Risk, do something hard !

@dwaynescookingstories Жыл бұрын

This guy is a genius!

@CoconutPete 3 ай бұрын

crazy I did a search for the billy of the week and looks like he's dead? I see his obituary

@connect-saurabh Жыл бұрын

On tax, you need to pay taxes in india. And the rate is as High as in US. Super rich have to pay nearly 45% as tax.

@mariebastian6166 Жыл бұрын

That's awesome I am from the Bahamas.

@SFgamer Жыл бұрын

Yeah. Its possible. Know what sells, plus working for the multi-dollar tech company.

@ashleywhite3515 Жыл бұрын

I earn 20 million a year without any employees. My mentor earns 120M without any employees either. Employees should become entrepreneurs

@edem4135 Жыл бұрын

What industry are you in, can you be my mentor ☺️

@ashleywhite3515 Жыл бұрын

@@edem4135 it took me 16 years to get to this point, are you willing to put in 16 years?

@marilynlucas5128 Жыл бұрын

@Ashley White Do you want to change the world?

@ashleywhite3515 Жыл бұрын

@@marilynlucas5128 that is simply impossible

@seniorwilly2970 Жыл бұрын

I6yrs is nothing especially when it comes to building multiple life time wealth

@aorjarsrelaxingvideos6126 Жыл бұрын

Warren Buffett : I would buy the S&P 500 in a second $209,000,000,000 need he say more ?

@sunblieths3625 Жыл бұрын

so Amit's basically just a super genius

@jenniferpunitharaj5048 Жыл бұрын

You can't get away without paying taxes... he will be easily paying 35% on taxes for sure. And ITR is mandatory and completely tracked online

@sreyanshuchaterjee3962 Жыл бұрын

You do realise he operates behind a LLC. He can use corporate structuring ro reduce tax footprint.

@danieldayal2570 Жыл бұрын

In India income tax and rules are only for employees working in organized sector. Rest rich who don't pay taxes have huge mansions n expensive cars

@puneinvest Жыл бұрын

Not paying Income Tax But almost everybody paid around 30% indirect tax, no social security here

@0as1990 Жыл бұрын

Thanks shaan it's truly inspiring, I am also from India.

@Phillyisalwayssunny Жыл бұрын

“You’re saving money for when you’re even older?? You’re already old.”

@Tonyforeman659 Жыл бұрын

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

@kendrickshaw8852 Жыл бұрын

@SimonKelly7836 Жыл бұрын

It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

@Maricel_oronan Жыл бұрын

Having monitored my portfolio performance which has made a jaw dropping $470k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.

@Rick.4890 Жыл бұрын

Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

@Tonyforeman659 Жыл бұрын

@@Maricel_oronan< Hello Do you trade on your own?

@oldmansgoldenwords 3 ай бұрын

He is all over on India TV as techie. All his traffic comes from TV viewers.

@BusinessFinancialNetwork Жыл бұрын

Known well🙏🏽

@Dabayare Жыл бұрын

He was cheeky cos he was selling his products on his blog b not telling ppl

@fairworld2522 Жыл бұрын

It’s hard to be a millionaire with these guys

@vipinkumar01 Жыл бұрын

well for your kind information every person pay tax here in india (i.e GST), the Tax you may be talking about is "income Tax", which is levied on less people because of the low proportion of the organized sector , talking about financial inclusion please search for "Jan Dhan Yojna" , and Mr. amit agarwal is a legend in blogging here in india, the reason not many people recognize him because he remain low profile. numbers tell no story my dear friend.

@YasinNabi Жыл бұрын

Making money is a game and only the rich wins the game ! a fellow creator ....

@nakshgoyal6589 Жыл бұрын

For those who dont know , for this guy , amit agarwal , tax rates net up to almost 35% for the amount of money he is making

@sujitkumarsingh3200 Жыл бұрын

5:42 oh the tax rate is just around 45%(direct + indirect). Nothing serious.

@SuperKillaki Жыл бұрын

No SBS comments

@truesightgrabber Жыл бұрын

Plug-in? Extension. Misleading tile.

@shreysom2060 Жыл бұрын

it's banked economy now tax rate for him will be 30 percentage

@bronxlords Жыл бұрын

What are Google plug in

@spiritual5750 Жыл бұрын

Few things first to clarify 22% percent taxes in India for corporate. 9% percent of people pay taxes (14% tax in China). Take accountability of your words.

@aliasone9827 Жыл бұрын

without even watching this video ..i can take a guess that indian dude probably went to IIT

@uditdhiman3088 Жыл бұрын

5% conversation, yeah sure buddy.

@pks001 Жыл бұрын

Nope... Tax is mandatory in India for everyone

@raeroms9589 Жыл бұрын

Third party Ads are coming to MFM… 🤔… what changed

@admariner Жыл бұрын

ain't this Lubnol? Yeah, that's Amit! Of course he does need none other than his ninja of a developer & monetization grand master Lubnol the Great we Salut you!

@1files Жыл бұрын

yea hes labnol