
0:55
Codie Sanchez breaks down why the skills to earn $100k are similar to those needed for $1M, but scaling beyond that requires something fundamentally different. You can get there as an employee. After $1M, you typically can't.

Codie Sanchez breaks down why the skills to earn $100k are similar to those needed for $1M, but scaling beyond that requires something fundamentally different. You can get there as an employee. After $1M, you typically can't.
There's a skill set if you want to make $100,000, which is you need to learn as much as possible in order to increase your earnings. Predominantly working for somebody else is the fastest way to get to your first 100k. And that same skill set, to get from 100k to a million, is relatively similar. So you can get to a million dollars pretty much using that same skill set. But in order for you to become an employee, a high level of earning that is worth $10 million actually quite hard. The difference between a million and 10 million is difficult. And to go from 10 to 100 million is categorically different. If you just look at the math between the two, there is no possible way for you to do it as an employee. It hasn't been done. A billionaire that was an employee of somebody else's company, the math just doesn't lie because of that. I think it's really interesting to determine what is it that you actually want, who has achieved it before, what are the characteristics that are similar in those subset of humans that have done it, and then can you actually find a road map or ripple or rhyme between all of those humans to get to the next level? It's a superpower to be able to see through the matrix like that, to figure out the difference between 1 and 10 and 100 and a billion.