Accumulating the first $100,000 in wealth is the most challenging stage; reaching $1 million from $100,000 is easier due to compounding returns.
"getting to your first 100,000 is actually the hardest part. After that, it gets easier because you are that money is invested. Well, it should be if you're following my book, right? And it's growing. It's growing. And that and then the when it grows then the money grows even more because it's you know money on your money is growing. That's the snowball effect. And so getting from a 100,000 to a million it's actually easier than just getting from zero to 100,000."