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Man asks millionaires how they got rich and nearly all of them say the same thing

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Published 16:31 30 May 2024 GMT+1

Man asks millionaires how they got rich and nearly all of them say the same thing

Millionaires in a variety of industries said there were some attitudes that can help people become wealthy

Gerrard Kaonga

Gerrard Kaonga

Multiple millionaires from around the US have given very similar advice when it comes to making money

Most people around the world are feeling the money pinch right now.

While some opt to find optimal ways to cut down, others prefer to go the other way and find brilliant ways to bring in more cash.

But when it comes to bringing in the big bucks, we are talking about millions, many social media users want someone a lot more qualified giving advice rather than any random guy with a podcast.

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Many of the people Dumoulin speaks to claims to have been self built, or to have at least been broke before. (School of Hard Knocks/YouTube)
Many of the people Dumoulin speaks to claims to have been self built, or to have at least been broke before. (School of Hard Knocks/YouTube)

James Dumoulin, who runs the School of Hard Knocks YouTube channel regularly speaks with millionaires and asks them a slew of questions to find out what words of wisdom they can have.

Clips of his have begun spreading on X, with one post highlight one of the most important things many of them say when it comes to the average person building themselves up to become wealthy.

Now while getting a helping hand from family, or friends to start you off with a few hundred thousand is certainly one way to do it, many of the people Dumoulin speaks to claims to have been self built, or to have at least been broke before.

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With many saying they own their own businesses in healthcare, tech, marketing or property, many of them said the same thing.

Atlanta-based millionaire Dion Coopwood, who started a software company and became a millionaire aged 37, said: “You have almost got to be a little crazy, man, you have got to have crazy faith.

Dion Coopwood shared his tip for success (Instagram@theschoolofhardknockz)
Dion Coopwood shared his tip for success (Instagram@theschoolofhardknockz)

"The only thing that works is the work and most people are not willing to be faithful enough to put in as much work that it takes to be successful, so they quit before the work actually ends up working for them."

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Another millionaire, who has worked in commercial real estate development for 25 years and says the most he's made in a single year is $200 million, said something similar.

While he admitted that a lot of financial success in business 'is to do with timing' and 'a lot of people get lucky', he said ultimately having the right attitude is key.

The 56-year-old millionaire had some sage advice (Instagram/@theschoolofhardknockz)
The 56-year-old millionaire had some sage advice (Instagram/@theschoolofhardknockz)

The 56-year-old said: “So many naysayers will tell you why you can’t do it. There’s going to be a sale made, either you’re going to buy what they’re selling or you’re going to sell them on a bag of goods.

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"Go out there and do your s***."

Other people reflected on the many years or even decades they were doing poorly or losing money in their business before they made it big.

Ultimately using it as a point to remain persistent if you do hope to ever see a few millions in your bank account.

Featured Image Credit: School of Hard Knocks/ TikTok
Gerrard Kaonga
Gerrard Kaonga

Gerrard is a Journalist at UNILAD and has dived headfirst into covering everything from breaking global stories to trending entertainment news. He has a bachelors in English Literature from Brunel University and has written across a number of different national and international publications. Most notably the Financial Times, Daily Express, Evening Standard and Newsweek.

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