I Spent 24 Hours To Find A Billionaire!

@schoolofhardknocksfann

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Why it worked

The video uses a conversational and engaging style to discuss complex financial topics like tax reduction and investment strategies. The speaker's personal anecdotes and relatable analogies, such as comparing financial education to tuition, make the content accessible and memorable, encouraging viewers to think critically about their own financial decisions.

Summary

The video features a conversation about wealth building and financial strategies. The speaker discusses how to reduce taxes through commercial real estate and non-profit organizations, and highlights the importance of investing in cyber security and AI. The conversation also touches on the difference between being a business owner and an investor, and the significance of financial education, referencing the Bible as a key source of wisdom.

Structure

1Taxes and wealth building strategies
2Investing in cyber security and AI
3Business owner vs. investor
4The importance of financial education
5The role of faith in wealth creation

On-screen text

I Spent 24 Hours To Find A Billionaire! SO ONE OF OF 2024 I DID MAKE SO I HAD 5.5 MILLION DOLLAR BUILDING SO I CAN IT'S A GAME CALLED SEGREGATION TO LEARN THAT SO THE MONEY IN THE BUILDING SO I WAS YOU PAY A IN TAXES MAN LISTEN HOW MUCH TAXES BIGGEST YEAR IN I PAID 4 MILLION AND YOU DID NOT PAY $4 MILLION AND $600,000 IN BUT AGAIN WHEN MONEY NOBODY TELLS YOU WAS I AS MY TUITION YEAH SO I AT IT TO GET A ABOUT COST STRUCTURE TAX STRUCTURE HOW BUSINESSES STUFF OFF HOW CHARITY THE THINGS THAT THE GAME TO AVOID TAXES GIVE ME YOUR NO. 1 TAX PEOPLE KNOW COMMERCIAL REAL ESTATE AND CHARITY PROFIT ORGANIZATION CONNECTED TO YOUR YOU CAN DONATE 10% OF YOUR REVENUE FROM EACH TO YOUR NONPROFIT ORGANIZATION NONPROFIT ORGANIZATION THEN GETS TO HANDLE WRITE THAT OFF NONPROFIT ORGANIZATION THEN CAN HIRE YOU TO STAFF THE EVENT THE MOST AMAZING WAYS TO REDUCE YOU KNOW THAT MAN THEY TAUGHT YOU THAT THEN YOU WOULD BE A FINANCIAL IN THE NEXT WHAT'S THE BEST INDUSTRY BE GETTING INTO RIGHT NOW CYBER SECURITY AND AI BECAUSE AS WE AS WE SEE AI GROWING AS WE SEE TECHNOLOGY LIKE THERE'S NOT IN STORES NO SO HACKERS GET HEAVY SO CYBER THE GOVERNMENT JUST 17 BILLION DOLLAR DEAL SO WHY NOT INVEST IN CYBER AND THE NEXT 100% AI WE CAN'T GO HOMEWORK OH MAN I'M A LIVING BREATHING HOMEWORK MACHINE MAN BIG READER HEAVY THE THINGS I MAN SOMETHING THAT I HE SAID ONCE A MAN GETS INFORMATION IT MAKES IT SLAVE INFORMATION CHANGES SITUATIONS ONLY THROUGH IMPLEMENTATION AND IT CHANGES THE CONVERSATION THE CONVERSATION CHANGES YOUR COMPENSATION RIGHT HERE HAHAHA I HAVE PEOPLE LIVE CHECK RICH PEOPLE LIVE YEAR TO YEAR WEALTHY PEOPLE LIVE GENERATION HOW TO BUY AND ONCE YOU BACK YOU WANT TO SOUTH BY CHEEKY AND LISTEN IF TO FEED YOU PERMISSION TO STARVE AND SO IF YOU DEPENDENT ON AND I'M NOT TO BE ENTREPRENEURS DEPENDENT ON THAT ONE SOURCE OF FINANCIAL SUICIDE AND THEN YOU LIKE WE CAN'T GOVERNMENT TO JUST FEED US THERE'S A PLAYBOOK AND THERE'S A LIVE BY THE PLAYBOOK THAT CAUSE THE ONE IS ONLY ALLOWED GET RICH IS IT BETTER BUSINESS OWNER OR IN TODAY'S WORLD INVESTOR BUILT TO BE A BUSINESS OWNER TAXING TALKING ABOUT FROM A DOLLAR PERSPECTIVE MENTAL AND THE BUT AS AN YOU GET TO WORK TO USE YOUR MONEY TO INVEST AND THEN THEIR HUNDRED PERCENT IN THEM EQUITY WHAT WAS THE THAT CHANGED YOUR THE NUMBER ONE THE NUMBER ONE THAT CHANGED MY BIBLE IN GOD OH DEUTERONOMY 8 AND 18 SAYS THE ABILITY TO PRODUCE WEALTH MAN US TO BE NEVER TOLD US

Original caption

I Spent 24 Hours To Find A Billionaire! #wealth #financialfreedom #entrepreneur #motivation #realestate

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Transcript

So one of my best years of 2024, I did make, I did make eight figures, so I had to buy a 5.5 million dollar building. So I can write that off. It's a game. Called segregation. To learn that. So the money in the building, you get to write that off. So I was, you pay a, in taxes, man. Listen, how much taxes? My biggest year in, I paid 4 million and you did not pay 4 million and $600,000 in state taxes. But again, when learning about money, nobody tells you. I was, as my tuition. Yeah, so I, I didn't get mad at it. I learned that I want to get a CPA about cost structure, tax structure, how businesses, stuff off, how charity, the things that, the game. To avoid taxes. Give me your number one tax hack. People know. Commercial real estate and charity. Create a nonprofit organization connected to your building. You can donate 10% of your revenue from each to your nonprofit organization. Then gets to handle the business. You get to write that off. And then nonprofit organization then can hire you to staff the event. And that's one of the most amazing ways to reduce taxes. You know that. Man, they us that in taught you that. Then you would be a financial in the next, what's the best industry people should be getting into right now? Cyber security and AI. And the reason why I say cyber security, because as we, as we see, AI growing as we see technology, like there's not in stores no more. So hackers get heavy, so cyber the government just, $17 billion dollar deal for cyber security. So why not invest in cyber and the next 100% AI. We can't go homework. So you do your homework. Oh man, I'm a living breathing homework machine, man. Big reader heavy. The things I, man, nothing more matters. Frederick Douglas said something that I really love. He said, once a man gets information, it makes it hard for him to be a slave. Information changes situations. Only through implementation. And it changes the conversation. The conversation changes your compensation. Right here. So, hahaha, I have a saying, poor people live, check the check. Rich people live year to year. Wealthy people live generation to generation. How to buy and once you buy your time back. You can do whatever you want to do. Bro, you're a South by cheeky. And listen, if to feed you, permission to starve you. And so if you dependent on and I'm not to be entrepreneurs. Dependent on that one source of financial suicide. And then you like, we can't the government to just feed us. There's a playbook. And there's a live by. Why not use the playbook that cause the one that they teach us is only allowed to get rich. Is it better to be a business owner or in today's world, investor? I think the investor because everybody is not built to be a business owner. Taxing. Talking about from a dollar perspective, mental and the, but as an, you get to work. To use your money to invest. And then their hundred percent. In them. Equity is freedom. What was the that changed your the number one book. Anybody watching right now needs to read. Rich in today's world. The number one that changed my the Bible. In God. Oh man. Deuteronomy 8 and 18 says God gives us the ability to produce wealth, man. God does want us to be rich. Oh, he never told us.