CRP Patreon Exclusive: “There Are Only Three Ways To Make Money”

The system at least in the United States is set up to best make money by running your own successful business, opening a SEP ira and lowering income. Using some profit to put into investment real estate and stocks. It’s the winning formula to multi millionaire status over time. Even modestly successful businesses make people wealthy.

Coach, there's nothing wrong with being a worker. We can't all be rich entrepreneurs, there needs to be employees who work. Moreover, not everyone needs a lot of money. Some people need structure in their lives and being rich might actually create new, never before-seen problems for them. In short, I don't look down on employees and I don't necessarily think they're suckers or wasting their time. It's just their path of choosing.

Ender8888990

I don't find the idea behind money in itself to be ugly at all. Even if I were dirt poor (and I have been as a young man), simply living in a money economy is extremely beneficial and highly moral. If you want something from someone else, you need to offer something in exchange. You give before you get.

Major flaw of this otherwise good interpretation of making money: human satisfaction. Sheer number of money is indeed important, but CRP ignores our relationship with money as a way of meaningful existence. Who is happier? a CEO making 1.2 million/year in salary and living in a gated community mansion or a master swordsmith creating works of art and living in a modest house in rural Japan, amongst people appreciating him and his work?

This was a good listen

I remember him saying bitcoin was crap 💩 at around 20k

I thought was drugs, sex and weapons. I could have been mistaken…

When coach says that you only make money when you sell, but with crypto, crypto is worth more than dirty fiat. What would one sell for ?

Charles Jue

Crypto mining , liquidity pools, etc doesn't fit into crp's paradigm

Charles Jue

coach... you must work at the lighting... 2:17 makes you seem like an old man with cancer.

before i head over to 4chan now; and then proceed to do my own research: I want to help a friend, who probably just needs a little push. what is the data behind the increased death rates and how is it not COVID?

What about selling a product? The limits on that are rather high depending on what you are selling and the scale of your marketing and distribution.

Coach, share your thought on possibly upcoming war between Russia and Ukraine.

it's 500 per hour. 500*10*5*4*12

it's a way to loose money not make it

120.000, not a 1.200.000. 500 x 5 x 4 x 12 = 120.000 But I get the point.

Great video Coach....but didnt you forgot gambling as the 4th way to make money?

CRP what about buying an asset like rental properties and living off the cash flow from the monthly rental. How would you clarify this example? Forget about the rental property going up and down in value, because you will never sale the asset to ever see that value.

Solid video, though it might be useful for us to have some points on how to move from selling your own time into a position where you are able to sell other people's time or aquiring/selling assets. For guys in their 20s or early 30s; we still have some ladders to climb. Thanks as always for the vid, Coach.

Jan 5, 2022, CRP: Don't be an idiot and hold onto Crypto when it crashes. Jan 6, 2022, Crypto currency market tanks. The timing of this video could not have been better.

How to improve your social skills if you're social awkward/weird because it's the most important skill to have in life. Where to start.

Mr. K

You have done this video before.

I think it could be the 1st or 2nd type depends on whether you have a boss/clients to order you around. Content creators like coach is basically freelance free agents. He can hire some staffs if he want to, can tell f*** off to anyone he dislike.

Where does being a content creator fall into?

Thank you for your comment. You put it into perspective how much time we actually have left to make a conscious decision whether to enjoy life, or not, before that option is taken away from you due to old age or illness later in life.

Coach please take a look at the Joe Rogan podcast #1757. Approximately 36:30 minutes in, Dr. Robert Malone confirms everything you’ve been saying pertaining to “cov”

Yeah agreed with 2 millon you could easily be makiong 100,000 a year.

Coach could you talk about the Cryptocurrency Crash? (Tether I mean)

She left because her ex came back but wanted to still be friends with me (basically keeping me as a backup). I blocked her everywhere and cut all contact, deleted chats and all pics of her (in front of her) but she emails me like twice or thrice a week. Her thing with her former ex (now BF) is nearing end once again lol. Just some extra details if they help.

An unrelated question coach: I don't love her nor even like her as a person. I don't even miss her company as it didn't bring me any good but now that she left, I feel terrible. Why is that? I'm not egoistic but could it be a hidden ego that I don't know of? What should I do?

LOL 1,2M is change? You can live comfortable your entire life with this change.

The best example might be the Gamestop, AMC, and Dogecoin situations. Crypto can, and will continue an upward trend indefinitely, but only until there is another form of government-backed currency that is viewed as more solid. If some not-insignificant country suddenly backed their currency with metals, this would be a serious threat to the long-term viability of crypto.

CRP, Great vid, I would also add selling time for an asset. Take a rental property for example, long term or short term. You still own the asset however are selling the use of it much like your attorney example.

There is something more essential than making limitless amount of money, or like the 1.2milion what a top tier lawyer will make.. The purpose is to be free, that should be the main reason of building a company. You mentioned that already in the last part.

Same with doctors; with RARE exception, everyone I know from medical school's goal is to GTFO medicine.

Life is short. Think about it in terms of good summers left, i.e., you're healthy enough (and still relatively attractive) to go do the things you want and actually enjoy them. I just turned 40... How many good summers do I have left to backpack around Europe, bike across America, etc etc etc? Likely about 15. Instead of "someday," we all need to think of when, exactly, are we going to do that thing? Which summer? Next? No? Ok, which of the other 14? Pick one, and plan that activity out, or you never will. You don't live until 80; you live until you're 55ish, and just exist until your expiration date.

By the way, many big law firm partners are miserable and hate their jobs. Some choose to quit to regain sanity. You can read these horrid tales at law-related forums. I think New Yorker or some liberal magazine did a piece on it.

Thanks for the wisdom again coach! I'm about to quit my shitty ass job so good timing again! :D

The best way is to earn enough to retire or semi-retire and live modestly. Freedom is the most prized good in the human world. There is no free lunch. To make money, one has to give something. Most entrepreneurs and business owners work harder than the employees. They think they enjoy it and the success and the riches that come along, because they have been conditioned to believe that it’s what they wanted. I don’t believe anyone, unless born into abject poverty, desires to become a business owner, law firm partner, a successful entrepreneur, when they are children. Children are the most innocent and spontaneous beings. Their desires are truer than the adults’. We adults are corrupted and conditioned by the society as we grow up and go through the schooling system — there are no education systems left; true education is only possible for those who innately desire to seek truth and liberate their minds. The result is a man who desires a life alien to himself, however successful he may become. Hence we have midlife crises. But most don’t learn and revert to another prescribed life with a different set of toys — think Harley Davidson and a new wife.

This video fit my needs very well and i clicked it instantly. I have been thinking about money a lot and this categorization made it far easier to understand. Thanks!

I see people who run businesses and they usually work harder and longer hours than the wage slaves.. Only when they get to the very top they assign a deputy that makes all the decisions but it takes years to get there.. I think that in the first 10-20 years of your business you're going to have to sell your time

Brilliant advice. I'm working for a wage and I'm taking steps investing in assets. I don't want all my eggs in one basket.

When are you starting up the YouTube channels again?

Very informative video Coach!

What about corporate managers and executives? They work just as hard. They do make a lot more money that allows them to retire early. But most don’t retire early.

Perfect timing! Best advice I need atm.