Bridger PenningtonFund Launch & Investment Expert

Become A Millionaire Quicker Than You Thought | Bridger Pennington

10 Jan 2024 · 0 min

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This content was created by Bridger Pennington. This content was uploaded by Bridger Pennington. This is a YouTube video titled "Become A Millionaire Quicker Than You Thought | Bridger Pennington" (posted 2024-01-10). The excerpt is from a presentation/talk in which the speaker (likely Bridger Pennington) recounts advice from a mentor about "ignorance debt" — the idea that not knowing how to reach $1M/year effectively costs you large amounts each year — and advocates shortening that gap through coaching, mentorship, and reading. The content is motivational/business advice about accelerating wealth creation.

I had a great guy, a mentor on stage say this. He's like, Bridger, if you haven't made $1 million in a year yet, you made $150 grand this year, cool. You paid the universe $850,000 this year because you don't know how to make $1 million in a year. That's the price you paid this year because of the ignorance debt you have. He goes, every year that happens, it compounds. And so what we need to do is shorten that ignorance gap, whether that's coaching, that's mentorship, that's finding people that have done it before, that's reading books that can take a decade and put it into a couple of days. It shortens and minimizes your ignorance debt.