ilmscore | "Can You Still Become A Millionaire In America?" | Jaspreet Singh

"Can You Still Become A Millionaire In America?" | Jaspreet Singh

Published: 2023-10-04
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Major companies like Uber, Microsoft, Venmo, and WhatsApp were founded during economic recessions, suggesting that recessions can be opportune times for business creation.
"if you can just look at some of the biggest companies in the world today Uber Microsoft venmo WhatsApp all of these companies were created during a recession"
Company Creation During Recessions
Pending
80% of millionaires in America are self-made, achieving their wealth through building businesses or smart investing, rather than inheritance.
"8 out of 10 millionaires in America today were self-made meaning these are people that did not get their money from inherent tense these are people that actually went out and created their own wealth whether it was through building a business or using the incomes smartly to build some wealth through their Investments"
Self-Made Millionaires
Pending
Wealthy individuals commonly read about one non-fiction book per week, focusing on personal development, business building, financial education, and investing.
"what you see is that a common Trend amongst all wealthy people is that they read books how many books 50 books that's about one book a week and these aren't fiction books we're talking about personal development books books on how to build a business books on financial education books on learning how to invest"
Reading Habits of Wealthy People
Pending
A scalable business is defined as one that can grow without requiring the constant involvement of its founder.
"where you want to build something that can grow that doesn't necessarily need you that's the definition of scalability that it can grow and it doesn't necessarily need you to grow"
Scalable Business Definition
Pending