How to Become a Millionaire in 3 Years | Daniel Ally | TEDxBergenCommunityCollege

When most people say they want to be a millionaire, they’re really saying that they want to spend one million dollars. Besides winning the lotto or inheriting money, you’ll learn three key elements used by the most successful people who have ever lived. You’ll not only be able to learn how to become a millionaire, but you’ll learn the real reason of why it helps our society to alleviate poverty. This valuable session offers the solutions that you’ll need to be successful for the rest of your life, whether you want to be a millionaire or not.

Daniel Ally became a self-made millionaire at the age of 24.
It all started when he realized that he was living far below his potential. After years of drug abuse and failing at life, Daniel was fed up. One day, he went to his local library and searched endlessly for truth. After discovering a few books, he decided to turn his life around. For many years, Daniel gave thousands of speeches, reached millions of people, and built successful companies, making Daniel a millionaire in the process. Search on the internet and you’ll find that TIME, Fortune, Business Insider, Yahoo, and other major publications have enjoyed Daniel’s work. He is also a top contributor on Entrepreneur Magazine. He is the author of two best-selling books, which can be found in 46 different countries in thousands of libraries. From billionaires in Boston to amateurs in Austin, Daniel has traveled to hundreds of cities, shaking hands and connecting with all kinds of people across the globe.

[kitaglascoe]

Investing your money in the stock market can result in an excellent return, which is why so many people choose this route to reach their long-term financial goals.

[LoLeanderx]

The title is actually misleading. It promises money, but talks about an even better thing. Success.

[veniceblackwood]

Buffett likes to say "the best thing to invest in is yourself"...meaning upgrading your skills, asking for the raise. It will give you more satisfaction out of life and more disposable income to put in the market sooner to have more compounding in your favor

[shubhamsahni]

Moral -
1. Real books,
2. surrounded with people like yourself,
3. Set goals.
& here 13 minutes of your life is saved

[cxa]

Points (4:33):
#1 Read more books.
- Read the books that help you solve your problems. Books are the tools that release the heavens of our minds. You become what you study.

#2 Get around the best people you can.
- A lot of people have the right intentions, but provide the wrong directions.

#3 Set higher goals.
- Goals help you stretch, Write your goals down. Plan your steps. When you think BIG you'll win BIG.

Think B.I.G. - Books, Individuals and Goals.

[OfflineKev]

"The people you're looking for are also looking for you."
that hit me hard... great speech. learned a ton

[colleen.odegaard]

A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

[ConradGosling]

Years later and this video still makes a lot of sense but Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

[otishorsley]

If you can save 333k each year. That’s a million in 3. Thanks for coming to my talk

[Riggsnic_co]

The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.

[sherry_smith_penson]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[daisymayy]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[Illacertus]

*Synopsis - 3 Key Principles*
1. Leaders are readers. Read books.
2. Surround yourself with good people, e.g. reach out to authors.
3. Write down 21 ideas for how to achieve an overarching goal in each area of life.

[najlaela]

Allow me to say, that's the most amazing way a ted talk can be done.

[JordanReam]

I'm planning to invest $250, 000 of my savings into the stock market to build an aggressive portfolio that will surppas millionbs on the long run. What are the best long/short term investment strategies to use to achieve this goal?

[jasonmateus]

5 years later, I came back to this video. Loved every second of it. A lot has changed for me in the last 5 years, and this man is right.

[globaldigitaldirectsubsidi]

"Don´t become a man of success, try to be a man of value." - Albert Einstein

[vision]

3 Key Principles:
1. Read More Books.
2. Get Around The Best Individuals.
3. Set Higher Goals.
There you GO!!!

[charleyluckey]

Very educative video, Isn’t it awesome how the smallest information can create massive financial success, this was my case when I got introduced to Mr. Larry Kent Nick

[callumfrank]

A very motivating video that folks really need to watch ! I’m 55 currently, retired early at 50. I have 35% of my in vestments in an IRA, 25% in index funds, and the balance in other in vestment accts. I receive income from rental property too. Zero debt. Life's been good.