If you want to know other ways to becoming a millionaire, then listen to Timo Armoo's episode about The 4 Simple Steps to Becoming a Multi-Millionaire here:    • The 4 Simple Steps to Becoming a Mult...  

#68: Rachel Rodgers, CEO of Hello Seven and author of the bestselling book 'WE SHOULD ALL BE MILLIONAIRES', is my guest in today’s episode. Rachel helps people build wealth and teaches them how to make the right financial decisions.
You’ll also learn:
The difference between Broke Decisions vs. Million Dollar Decisions
What holds people back from becoming a millionaire
The Magic Number of annual earnings!
Three steps to become a millionaire

Get Rachel’s book: We Should All Be Millionaires: https://erika.com/rachel-rodgers/we-s...

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Join my free 5-Day Investing Challenge to learn how to make your first $10,000 with investing even as a beginner: https://erika.com/investing-challenge...

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Timestamps:
00:00 - Intro
03:30 - Difference between broke decisions versus million-dollar decisions
04:37 - Broke decisions that Rachel made early on in her career
05:43 - What holds people back from becoming a millionaire
10:15 - Why are there only 10% female millionaires?
27:43 - What is assessing risk?
31:28 - The most calculated risk in Rachel's life
38:47 - Things people need to do to get seven figures a year
50:12- The piece of advice that Rachel wished someone would have told her in year one
55:33 - How to know if people will like your product
59:21 - Common mistakes you're committing when hiring
01:06:41 - Three steps to become a millionaire
01:11:46 - Rachel Taught Me