Comments on: What I Learned From Interviewing 19 Millionaires

By: Revanche @ A Gai Shan Life

Revanche @ A Gai Shan Life — Wed, 01 Nov 2017 18:00:36 +0000

In reply to J. Money. I'm trying to convince her! Our world needs her fabulousness!

By: J. Money

J. Money — Mon, 30 Oct 2017 21:57:30 +0000

In reply to Revanche @ A Gai Shan Life. I do!!! Miss her online! Tell me she's coming back?!:)

By: Revanche @ A Gai Shan Life

Revanche @ A Gai Shan Life — Mon, 30 Oct 2017 20:44:54 +0000

In reply to J. Money. Do you remember SingleMa of Fabulous Financials?

By: J. Money

J. Money — Mon, 23 Oct 2017 17:08:54 +0000

In reply to Revanche @ A Gai Shan Life. Amen to all of this! (And now i'm soooooooooooo curious to see who you PF blogger mentor is??)

By: Laurie@ThreeYear

Laurie@ThreeYear — Wed, 18 Oct 2017 10:24:48 +0000

It’s interesting to note that you ended your post with curiosity. It’s something I’m definitely trying to develop more of in my life–asking people questions about what they do, wondering how much income/expenses a local business has. I always learn a ton from these interviews. Thanks so much for the great article!

By: James @ Penny Wise Dollar Wiser

James @ Penny Wise Dollar Wiser — Mon, 16 Oct 2017 17:48:30 +0000

This was such a good post and great read. Cannot agree more with all of the above lessons especially on be willing to take risks and always try to educate yourself. Things around us are constantly changing and we need to change with them.

Thank you for taking the time to share your findings and lessons with us. It is truly greatly appreciated.

By: Revanche @ A Gai Shan Life

Revanche @ A Gai Shan Life — Mon, 16 Oct 2017 05:20:28 +0000

My motto is you can find mentors in strange places. One of my Life Advisors is an old school PF blogger who has done amazing things and lives a wonderful life – we met through money blogging. One was a C-Suite exec most of his adult life in the comics industry – we met because I’m a comics nerd. One is in her 70s, born during the war and lived an amazing life and career and in her retirement she does more than any of us does in a week :) – we met through my husband’s hobby.

They have all played key roles in reaching me to negotiate and navigate my career but not one of them work or worked in my industry. Knowledge and experience is powerful stuff so you don’t have to limit yourself to just the people who work in the same field as you.

And I disagree with the notion that self employment is the only way to millionaireship because I started my career making less than $30k a year and we managed to join the double comma club with only minimal side hustles. We’ve both seen the dark side of self employment so we’re under no illusions that self employment is the Golden Ticket. It can be if you have the right idea, the right drive, the right luck, and the right fallback. But it’s really not for everyone.

The key is knowing that your money earned from traditional employment needs to work for you too, it can’t just be you working!

By: Ben Davis

Ben Davis — Sun, 15 Oct 2017 20:16:36 +0000

In reply to Balanced Dividends Mike. Thank you buddy. I agree with you and I think the banker is the exception to the rule ;)

By: Balanced Dividends Mike

Balanced Dividends Mike — Sat, 14 Oct 2017 23:42:52 +0000

In reply to Paul. Great points on owning your own business. I do think it's possible to hit a million with even just one person making the numbers you mentioned. It might take longer as an employee to become a millionaire, but it will happen (as you mentioned, assuming costs are under control and savings are invested).

By: Balanced Dividends Mike

Balanced Dividends Mike — Sat, 14 Oct 2017 23:39:06 +0000

Interesting points – thanks for sharing. The theme of owning your own business or not being an employee is something a number of other articles and sources also emphasize.

You did mention the banker who still works, but it seems the way to quicker – not necessarily easier though – is owning your own business.