Excuse me ma'am...

@theschoolofhardknocks

7.3M followers · usually 2.7M views a post

Views

22.8M

Likes

2.5M

Comments

8.3K

120.6K

SoundTikTok sound · original sound - theschoolofhardknocks

Why it worked

The video likely performed well due to the aspirational nature of the content, featuring a self-made billionaire sharing insights on wealth creation and investment. The direct questioning style and the surprising revelations about his background and advice (like the 'PhD' acronym) create intrigue and shareability.

Summary

The video features an interviewer asking a man about his wealth and how he became a billionaire. The man shares his investment strategies and insights into what makes people wealthy, emphasizing the importance of owning quality businesses and understanding them. He also discusses the shift towards nuclear energy as a future industry and shares his personal story of overcoming poverty.

Structure

1Interviewer approaches a woman, then a man, asking about being a millionaire.
2The man confirms he is a billionaire and explains he became one through investing.
3He shares five principles of wealth creation.
4He discusses how to buy a business with limited capital, mentioning his purchase of a mutual fund management company.
5He predicts nuclear energy as the next big industry.
6He reveals his humble beginnings and his mother's struggles.
7He defines PhD as 'Poor, Hungry, and Driven' and explains how success leads to generational wealth.

Original caption

He’s a BILLIONAIRE 🤯 I interviewed Billionaire investor Michael Lee-Chin in Monaco and I asked him how he got RICH! I asked him what wealthy people know about money and business that broke people don’t know. I also asked him the number one industry people should look to invest in today’s world. Lastly, I asked him the best advice he’d give the younger generation. #wealth #entrepreneur #financialfreedom #motivation

More from @theschoolofhardknocks

More breakout videos from this creator.

Transcript

Excuse me ma'am. Ma'am, question for you. How old were you when you became a millionaire? What makes you think I'm a millionaire? You look like buddy. How did you get actually my husband's a millionaire. You said what? He's a millionaire. Sir, are you a millionaire? Sir, so real quick I average 24 million followers are you a millionaire? I am. You are? Yes. How did you become a millionaire? I became an millionaire by investing. So you're an investor? Yes. Can I agree with you for one minute? 100%. How much are you worth today? There's a saying. If you know what you're worth, you're not worth. What are the wealth people know that broke people don't know. Rich people became wealthy doing five things. Number one, they own a few high quality businesses. Number two, they make sure they understand them. Number three, they make sure they're in strong long-term growth industries. Number four, they hold for the long run. So I said, okay, what business can I buy? So how does somebody buy a business if they don't have a lot of capital? Well, I had to borrow to invest. And I bought a mutual fund management company in the next one to two years, what is the best industry people should be getting into right now? There's a saying, whenever there's a shift in the dominant source of energy. There's a shifting economic power. Right now there's a shift occurring towards nuclear. That's what we are concentrating today. Did you come from a lot of money? You're about to be at the same time? My mom was an orphan when I was born. We were both adopted because she didn't have a job. How old are you today? I'm 75. If me and you died tomorrow and you had one last message to leave with the younger generation, what would that be? To be successful, you have to have PhD. That's not a school PhD. Poor, hungry and driven. But when you're Your kids will also have a PhD. Papa has do. So you didn't come from a rich family, but a rich family came from you. Exactly. We got amazing advice, my friend. I appreciate that. Thank you very much.