Living On $1 Million A Year In Silicon Valley | Millennial Money

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CNBC Make It

CNBC Make It

2 жыл бұрын

For Jen and Steve Chou, the best part of running their own businesses isn’t the combined $1 million annual income - it’s the ability to spend as much time as they want with their 13-year-old daughter and 12-year-old son.
Fourteen years ago, Jen, now 45, and Steve, now 46, began the process of leaving their 9-to-5 jobs.
Jen started Bumblebee Linens in 2007, which produces custom-designed handkerchiefs, aprons and towels. She co-founded it with Steve, who also found success documenting Jen’s business journey on his blog, My Wife Quit Her Job. Since 2009, the blog has grown to feature ebooks, a podcast and in-person conferences.
The flexibility of being their own bosses gives both parents time to be more involved in their kids’ lives, including volunteering at their schools and driving them to various extracurriculars.
Follow them on KZbin: / mywifequitherjob
Follow them on Instagram: / mywifequit
Follow them on TikTok: / mywifequitherjob
This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money.
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Living On $1 Million A Year In Silicon Valley | Millennial Money

Пікірлер: 1 100
@alona724
@alona724 2 жыл бұрын
Also love seeing a story of folks who made a major career shift well into their 30’s with kids. Very inspiring.
@instantprofitorg1961
@instantprofitorg1961 2 жыл бұрын
Wow making money online has always been my motive and desire,,,this method discussed here in this video is just amazing...thank you for sharing.. i can wait to start but Instant profit❤org is also a bonus
@celticqueen1970
@celticqueen1970 11 ай бұрын
I absolutely loved this video!!! Awesome ppl! Did he says he invented you tube???
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Hey Everyone, I'll be in the comments throughout the day to answer anyone's questions. Hope you enjoyed the episode!
@AlieshiaTV
@AlieshiaTV 2 жыл бұрын
How did you grow your KZbin channel?
@AlieshiaTV
@AlieshiaTV 2 жыл бұрын
I do the same thing as you I want to make it full time. Lol
@letsmakeit6984
@letsmakeit6984 2 жыл бұрын
Hi Steve What a great segment! Congratulations!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@AlieshiaTV Just being consistent and producing videos on a weekly schedule
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@letsmakeit6984 Thank you!
@michaeljackness751
@michaeljackness751 2 жыл бұрын
I’m lucky enough to know Steve, Jen, and the kids “IRL” and they are just as sweet and kind as they are on camera. So proud of you two.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thx Mike!
@mikenobles2918
@mikenobles2918 2 жыл бұрын
I don’t think sweet and kind people make $1M and complain about the wage difference between CA and NV for literally 2 employees. Seems pretty greedy
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@mikenobles2918 it's not about wages. It's about state income tax
@mikenobles2918
@mikenobles2918 2 жыл бұрын
@@mywifequitherjob your wife at 6:50 literally said employees would be cheaper in another state. She literally complained about the couple dollar difference in hourly wages between states when you make $1M a year
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@mikenobles2918 This is also an artifact of the California State government. We always pay our workers significantly higher than minimum wage. Right now the minimum wage where I live is $17. In Las Vegas, the minimum wage is $8.75
@CharlieChang
@CharlieChang 2 жыл бұрын
Loved this episode! Online businesses are such a great way to make a living
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
For sure. It's perfect for families
@archmad
@archmad 2 жыл бұрын
or a youtuber
@thewen
@thewen 2 жыл бұрын
can* there are tons of caveats and people shouldn't believe it'll solve their financial problems
@DenisKikanovic
@DenisKikanovic 2 жыл бұрын
It’s honestly the directions lot of people are going in. If it makes moneys and offers time flexibility it makes sense. Not for everybody but there is a lot of interest in this area.
@jasonwill5949
@jasonwill5949 2 жыл бұрын
If you look up their company they received $12,500 as a PPP loan that was forgiven not paid back. Even though they have 20 years of savings. No wonder this country is screwed.
@WishAtElevenEleven
@WishAtElevenEleven 2 жыл бұрын
I love that the dad works 20hrs / week and the mom works 20-30hrs. That is a great work life balance.
@last_samurai6690
@last_samurai6690 Жыл бұрын
20 hours doing blogs, yt, tiktok and online classes? Nah. That's more than 40 hours in a week.
@DemetriPanici
@DemetriPanici 2 жыл бұрын
This is one of the better millenial money episodes. Such a nice family
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@bruintoo
@bruintoo 2 жыл бұрын
The thing is they are Generation X’ers not millennials, clearly born in the mid 1970s.
@Naomi-xu4hq
@Naomi-xu4hq 2 жыл бұрын
@@bruintoo lots of the “millennial money” people showcased now are gen z as the youngest millennials are in their late 20’s
@instantprofitorg1961
@instantprofitorg1961 2 жыл бұрын
Wow making money online has always been my motive and desire,,,this method discussed here in this video is just amazing...thank you for sharing.. i can wait to start but Instant profit❤org is also a bonus
@-----------------------------
@----------------------------- 2 жыл бұрын
@@Naomi-xu4hq millennials can still be in their mid 20s. No younger than 25, that's the cut off.
@alona724
@alona724 2 жыл бұрын
ALSO love that they admitted to not budgeting. Some people really just have a natural inner guide that keeps their spending around the same.
@saulgoodman2018
@saulgoodman2018 2 жыл бұрын
Well if you make 1 million a year, you don't really need a budget.
@soysaucetina
@soysaucetina 2 жыл бұрын
@@saulgoodman2018 lmao thisss!
@alona724
@alona724 2 жыл бұрын
@A H even if you do buy designer every day… what matters is dollars and cent. Does it fit within what you can afford or not. I think that’s what matters
@jjk4891
@jjk4891 2 жыл бұрын
Some just have a frugal approach on life (different than being cheap), agree that budgeting is not a do or die situation for some people. But I think doing budgeting earlier on in your life helps you to understand the small unnecessary purchases you make, after that, it usually comes naturally.
@briantep458
@briantep458 2 жыл бұрын
yeah your budget would be like, should i spend this 300K a year nor not
@livingfinance
@livingfinance 2 жыл бұрын
Love to see families like this. It’s so encouraging!
@gregorypeterson9
@gregorypeterson9 2 жыл бұрын
This is the real American Dream! Plus they know the importance of work/life balance and not that "we work 120 hours a week " crap that will burn you out and destroy your family. Best wishes!!!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Well said!
@bee3828
@bee3828 2 жыл бұрын
@@mywifequitherjob Hi, this is such an inspirational video. Thank you for sharing! Do you and your wife wish that you went into starting your business /the entrepreneurial route first? Or do you think it was better that you worked in the corporate world first? As a recent graduate seeing things like the great resignation etc... I see a lot of discussion around lots of people wanting to work for themselves full time rather than being employed in a job. It would be great to hear your insight. (I know it's possible to have a job & 'side hustles' too!) Thank you in advance 😄
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@bee3828 That is a great question. I think I learned a lot working a full time job regarding organization and people skills. I'd still probably work for several years.
@bee3828
@bee3828 2 жыл бұрын
@@mywifequitherjob I understand, thanks!
@pingkai
@pingkai 2 жыл бұрын
You probably does not have any idea about "work/life" balance if you are running a business.
@blairsantillana
@blairsantillana 2 жыл бұрын
Happy for them, and so glad to see how active they are in their child’s lives.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Just trying to make sure they turn out to be good citizens:)
@mikenobles2918
@mikenobles2918 2 жыл бұрын
The kind of citizens who complain about the cost of wages for 2 employees? Give me a break, I hope your spoiled kids blow all that money and end up in prison
@ahamed4152
@ahamed4152 2 жыл бұрын
@@mikenobles2918 hater
@mikenobles2918
@mikenobles2918 2 жыл бұрын
@@ahamed4152 Ahamed poor peasant wishing he was rich, totally in denial about his life
@ahamed4152
@ahamed4152 2 жыл бұрын
@@mikenobles2918 not sure who hurt you but I wish you the best
@heymikey1981
@heymikey1981 2 жыл бұрын
They are NOT Millennials -- 46 and 45 imply that they were born in the 70's. 1981 is the earliest year someone has to be born under to be considered a Millennial.
@lindaakinbusuyi-wilson5957
@lindaakinbusuyi-wilson5957 9 ай бұрын
Ok and ? It’s still inspirational
@obecox939
@obecox939 9 ай бұрын
They are centennials 😂😂😂😂
@iris201000
@iris201000 2 жыл бұрын
This is my ultimate goal in life. I also grew up first generation in the US and my parents were almost never home because of how much they worked to provide for us. Their lack of presence growing up did affect me & I want to change that for my daughters.
@CaterpillarCrossStitch
@CaterpillarCrossStitch 2 жыл бұрын
Steve and Jen are absolute inspiration. I started following the blog in 2012 and launched my own ecommerce store in 2015 after following Steve’s course. It’s changed my life.
@BeyondTheInternet
@BeyondTheInternet 2 жыл бұрын
*Details Man Give Us Details, How Much Were You Making, What Were You Selling, And What Are The Exact Steps You Folllowed?*
@iAmAlby
@iAmAlby 2 жыл бұрын
@@BeyondTheInternet you have to pay to play
@ToDahRANDOMOBILE
@ToDahRANDOMOBILE 2 жыл бұрын
These people have integrity and worked hard for their success with no hand outs. We love to see it!
@jip230
@jip230 2 жыл бұрын
A very inspiring story of a couple willing to work hard and make their goals reality!! More stories like this please
@gligh01
@gligh01 2 жыл бұрын
This video really hits home. My wife and I currently work so many hours a week and it's difficult with this work schedule and balancing the schedules of our 4 children. We recently loss our mother and in retrospect realize many hours and days were lost not being able to visit loved ones until it's too late. Thank you for sharing as you are a true inspiration for wanting a better life for ourselves and our children.
@framerwme
@framerwme 2 жыл бұрын
Inspiring episode. I love how they set and respected their business boundaries
@mindibear
@mindibear 2 жыл бұрын
I met Steve at his Sellers Summit conference. He’s a great guy and I’m so happy for him and his wife’s success. The American Dream is still alive!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@ttaammiikkaa
@ttaammiikkaa 2 жыл бұрын
This was a great video and I love how family oriented they are. I love this family! Thanks for sharing.
@harmony4075
@harmony4075 Жыл бұрын
This is my favourite millennial money video of all time! So inspiring and you can just see the amount of love in the family!
@speedy0
@speedy0 2 жыл бұрын
Awesome episode! Covered all aspect of living - family, business, work hours, ecommerce, cost of living, taxes! Humble, creative, respecful couple!
@jacquelinebhg2325
@jacquelinebhg2325 2 жыл бұрын
ur so right!
@OzoneMe03
@OzoneMe03 2 жыл бұрын
the cutest most non-toxic relationship business partnership.
@fayr8807
@fayr8807 2 жыл бұрын
Beautiful, humble family! This is really cool to see
@nater88dawg
@nater88dawg 2 жыл бұрын
Transitioning to owning your business is one of the tried and true methods to breaking it through the upper income levels. That said, what's unsaid in this video is that it's also higher risk with a large portion of the ventures failing. Best to take the plunge when you have a stable primary source of income that you can fall back on.
@sladestreet6086
@sladestreet6086 Жыл бұрын
the GOLDEN RULE.
@edb484
@edb484 2 жыл бұрын
This is a great episode and they’re very down to earth and genuine people. I have an idea of a business I want to start and this will push me to make a move.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@KC-qr3wk
@KC-qr3wk 2 жыл бұрын
This was extremely inspiring. I’ll just add that I hope all of the employees are paid a thriving wage and benefits for where they reside. Keep killing it!
@FrankDeMarco
@FrankDeMarco 2 жыл бұрын
Nice! Really enjoyed this family and this episode! Thanks, CNBC!
@shake741
@shake741 2 жыл бұрын
What an amazing story!! Great team! They understand that family time is the most important thing. Money comes and goes, that time with your family, you can never get back. So make the most of it!
@lintaocui6282
@lintaocui6282 2 жыл бұрын
Love how this episode is family oriented and even it talks about a million dollar business, all I learned is how to run a sweet family together.
@ToddBaldwin
@ToddBaldwin 2 жыл бұрын
You two seem like wonderful parents! Great job!!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
THanks Todd!
@catherinel8839
@catherinel8839 2 жыл бұрын
THE BEST! I love this family's story, how blessed. :):) Thanks for sharing guys, so inspiring.
@emmychoi5848
@emmychoi5848 2 жыл бұрын
Love Steve and his advice on his KZbin channel. Definitely need to get started on e commerce in 2022.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@oco987
@oco987 2 жыл бұрын
Love everything about this episode !!! Definitely checking out his course materials!!!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@a004
@a004 2 жыл бұрын
Great episode. No glitz and glam. Just straight business narrative. Loved it
@mrhymer95
@mrhymer95 2 жыл бұрын
Hey, I got the email notification you were going to be on here. I need to get back listening to your podcast as well. Great interview!
@MikeBarnhill
@MikeBarnhill 2 жыл бұрын
Steve and Jen are wonderful people. Their Sellers Summit is one of the best events I look forward to each year. Feels like a family of best friends.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thanks Mike. You're the best!
@The_Bronze_Spoon_Investor
@The_Bronze_Spoon_Investor 2 жыл бұрын
How do you find out more about Steve’s business and his Sellers Summit series? We just moved to Washington state from Alaska this spring. Is the event in California? Thanks.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@The_Bronze_Spoon_Investor google my wife quit her job
@chriscote5471
@chriscote5471 2 жыл бұрын
100% agree on Sellers Summit. I left the last live event (pre-covid) and penned a note to the organizers that the knowledge and insights I had left with were going to 'change the trajectory of my life' - and it has !! An amazing group of people who are candid, supportive, transparent, and accessible.
@kdot8042
@kdot8042 2 жыл бұрын
Incredible video! So encouraging to see a successful family business split between Steve handling commercial needs & Jen handling product. I'm sure it's stressful but I'd gladly take that lifestyle when I'm in my 40s so I can actually spend time with my family. Thanks for making this!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@RivaTheDiva
@RivaTheDiva 2 жыл бұрын
I love this episode because they broke things down so well and I love how they are family oriented!! I am an analyst and hoping I can venture into a business that will help me succeed too
@The_Bronze_Spoon_Investor
@The_Bronze_Spoon_Investor 2 жыл бұрын
I agree I believe this was the best episode yet ☺️
@kamdencushman4135
@kamdencushman4135 2 жыл бұрын
This is one of the best videos I’ve seen regarding income! It’s actually super insightful and gave me something to think about!
@aidaisayas3033
@aidaisayas3033 2 жыл бұрын
I loved the episode! You guys seem bery down to heart and it definitely inspires me to look into online businesses!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you Aida
@sarahcassedy8015
@sarahcassedy8015 2 жыл бұрын
The greatest thing a man could do is invest and gain it back in many folds.
@wazup80
@wazup80 2 жыл бұрын
Wonderful to see your childhood photos. Beautiful families of origin
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thanks!
@oscarcaballero7988
@oscarcaballero7988 2 жыл бұрын
I'm really happy for this couple they are for sure go getters.
@oo5068
@oo5068 2 жыл бұрын
Nice story! I’m proud of you guys! All the success and I can tell, you are still down to earth and so humble!
@The_Bronze_Spoon_Investor
@The_Bronze_Spoon_Investor 2 жыл бұрын
Awesome video you guys! Loved hearing your backgrounds and stories. Wonderful success. True entrepreneurs! Starting with small goals and growing over time. That’s the path to “Building wealth the blue collar way” Great work ☺️💸🔥
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@bigbrowser1
@bigbrowser1 2 жыл бұрын
Their story is amazing. They both managed to escape the rat race to make more time for their family.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you
@mikenobles2918
@mikenobles2918 2 жыл бұрын
Meanwhile they keep their two CA employees deep in the rat race and gaslight them about wages being too high. Pretty greedy imo
@yasinm.3162
@yasinm.3162 2 жыл бұрын
@@mikenobles2918 Dude, you're under a lot of comments saying the same thing lol. We get it, you don't like them and think they're greedy.
@LBM213
@LBM213 2 жыл бұрын
@@mikenobles2918 your jealous mentality will keep you poor.
@ssissigui8846
@ssissigui8846 2 жыл бұрын
You could tell the sadness in her voice. Great episode ! Very inspiring
@TheDanaYiShow
@TheDanaYiShow 2 жыл бұрын
What a wonderful family and episode! They're killing it and it's amazing to see them so active and present in their kids lives!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@mikenobles2918
@mikenobles2918 2 жыл бұрын
Pretty easy when their two workers do most of the work, but these owners are not thankful at all and simply complain about how they could find cheaper labor elsewhere. Time to tax these greedy rich people
@Dliu1116
@Dliu1116 2 жыл бұрын
@@mikenobles2918 true but not everyone can be them, some people just need to work. They’re keeping those individuals employed and that’s a lot more most people can say.
@davidr4523
@davidr4523 2 жыл бұрын
As a black man, I wish we would follow the example of the Asians, which is 1. Strong family consisting of a mother and father. 2. Kids/parents committed to education 3. Hard workers 4. Good attitude Unfortunately the majority of us black folks possess none of these attributes.
@alohaazzie8462
@alohaazzie8462 2 жыл бұрын
Well the beginning of the problem starts, as you said, with family. We have to be more selective with partners and not have children until strong unions are made. Next problem is education, black women outnumber black men in undergraduate and graduate levels of education. Lots of people meet their spouses while in school ad a lot of us end up at PWIs. So you’ll end up in an area with way too many women to men in ratio, men can typically have their choice, and black men will date out of their race more. Educated black women then move on to dating others out of their race or will wait for an eligible black man to their standard (not a lot in supply) or settle for one who is below their standard because they refuse to date out. You’ll only get highly educated and ambitious children when both the parents are also on the same page of being highly educated and motivated
@Thatbul
@Thatbul 2 жыл бұрын
@@alohaazzie8462 you do realize every race outnumber their men in education. As a black men in college, college was never a fit for men especially black men. We need to focus more on teaching our men about trade schools
@alohaazzie8462
@alohaazzie8462 2 жыл бұрын
@@Thatbul college was literally an institution created by men, 😂😅 what you mean, women outnumbering men in some cases is a very recent development
@icysparks2007
@icysparks2007 2 жыл бұрын
I love their son's smile! Also, their story is so inspiring. I happen to be an avid hankerchief user due to my nose irritation with standard tissues. I will definitely check them out!
@berwickperu7683
@berwickperu7683 2 жыл бұрын
I'm jealous. I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.
@kellyhoang1483
@kellyhoang1483 2 жыл бұрын
You've saved for yourself some good bucks. Get a professional, my sincere advise.
@berwickperu7683
@berwickperu7683 2 жыл бұрын
@@kellyhoang1483 That sounds good. But how do i get a reliable one considering the heavy presence of scams in our social media space today?
@kellyhoang1483
@kellyhoang1483 2 жыл бұрын
@@berwickperu7683 “””Its a great concern to us all, but names like Faith Sofia Heeg has stood out to be exceptional, just check her out to find more info about her.
@berwickperu7683
@berwickperu7683 2 жыл бұрын
@@kellyhoang1483 Just researched her accreditation on line and qualifications on FINRA and SEC, she seems really solid and i have sent her a mail already hopefully she replies soon enough.
@vu1m85
@vu1m85 2 жыл бұрын
U can have real estates and take them for renting, u will have income each month for renting and the increasing in price of the real estates
@jboayes
@jboayes 2 жыл бұрын
Love that the main thrust of building their businesses starts and ends with family. Both my wife and I are entrepreneurs and our aim is to do the same - time for family and our health. thanks for sharing your story ! It’s an inspiration. #couplegoals
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@DenisKikanovic
@DenisKikanovic 2 жыл бұрын
🔥 Same here. Hope it goes well for you brother.
@nemanjamilovancevic8396
@nemanjamilovancevic8396 2 жыл бұрын
I'm so glad people like this are making it.
@corkb6100
@corkb6100 2 жыл бұрын
I love it that you both have your priorities in order. Time for family is one of the hardest things to have and the hardest thing to give up. It is also the most valuable asset a person has. You use your time wisely. Great video, Steve and Jen!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you Cork!
@DenisKikanovic
@DenisKikanovic 2 жыл бұрын
Great to see them really being their for their kids. Good families are a staple of a healthy community. I try to be there for my kids the same. Online business is definitely the way. I started my own KZbin channel recently. There are so many other platforms too. If it makes money it makes sense. Glad to see a family like this making it work and succeeding. We need more of this.
@sm3675
@sm3675 2 жыл бұрын
Tell me how to buy an island.
@Chosengirl1
@Chosengirl1 2 жыл бұрын
This is great. I appreciate this as an entrepreneur. Thank you both
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thanks Lauren
@mrniceguy7463
@mrniceguy7463 2 жыл бұрын
I've been in e-commerce since 2012. Make a good living out of it. But for those of you who are yearning to start a business need to plan carefully. Don't just quit the job until you can replace that income like she did. Start small and get ready to fail because you will fail a lot. But once you make it you can comfortably make a living out of it. :)
@jackmiddleton2080
@jackmiddleton2080 2 жыл бұрын
I always imagine e-commerce would be oversaturated.
@drewconway7135
@drewconway7135 2 жыл бұрын
That’s a beautiful family. I love their story. I don’t blame them for wanting to leave California. The taxes are ridiculous.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
I just filled up my gas tank for $5.49 a gallon
@ilovegoodsax
@ilovegoodsax 2 жыл бұрын
@@mywifequitherjob Good lord, where the eff do you live in CA???? I'm in the Central Valley and filled my tank last night for $4.17/gal (87 Octane)
@mikewallin6049
@mikewallin6049 2 жыл бұрын
Left overpriced California for Pittsburgh, PA suburbs and bought a house for $20k!😁
@mchsiung1
@mchsiung1 2 жыл бұрын
@@ilovegoodsax If you're in the South Bay/Peninsula, you can expect prices in the mid $5 range. Los Angeles is no better with prices as high as $6.50.
@ilovegoodsax
@ilovegoodsax 2 жыл бұрын
@@mchsiung1Pre-pandemic, I'd travel to the Bay Area quite often and can make a round trip from SF to home in Fresno on a tank of gas. I've always made sure my tank is full before I leave home.
@pipersof
@pipersof 2 жыл бұрын
Amazing. Shared with my husband. Love you, Jen!!!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@shamilranasinghe6247
@shamilranasinghe6247 2 жыл бұрын
Loved it, make a million but spend a fraction. That’s key of all millionaires. No mansion, no pool in the backyard and focus on kids and opportunities for them. That’s the new American Dream.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Agree 100%
@Nardib
@Nardib 2 жыл бұрын
@@mywifequitherjob well that's your choice and definitely a good decision. However, doesn't mean that people with pools and mansions aren't as smart
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
@@Nardib What does being smart have to do with pools and mansions? No one is talking about intelligence here...
@Nardib
@Nardib 2 жыл бұрын
@@mywifequitherjob well maybe my poor choice of words but my reply was referring more to Shamil's comment saying: "That’s key of all millionaires". Which kinda suggests in my opinion all true millionaires have to have this lifestyle and the others splurging on pools, mansions are "doing it wrong". And I just wanted to say that's not true. But anyway maybe that was just how I took it
@anoukc6928
@anoukc6928 2 жыл бұрын
@@Nardib don’t worry, I completely understood what you meant !
@nancytsai4724
@nancytsai4724 2 жыл бұрын
such a nice humble and down to earth family!
@MerrilDiniz
@MerrilDiniz 2 жыл бұрын
Love how candid they are - sharing the highs and lows - more power to this couple.
@evennownews
@evennownews Жыл бұрын
Always, very nice to see a loving family supporting each other.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 2 жыл бұрын
Starting a business is the way to go. That’s the way this country is structured.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
That is 100% accurate
@TWN321
@TWN321 2 жыл бұрын
You’re everywhere bro!
@bryanflores1707
@bryanflores1707 2 жыл бұрын
It shouldn’t be that way though
@DavidRamseyIII
@DavidRamseyIII 2 жыл бұрын
@@TWN321 everywhere with absolute nonsense
@TWN321
@TWN321 2 жыл бұрын
Bro is focused on his business acumen
@qmawpxvecxydiwixytvieowizhehsi
@qmawpxvecxydiwixytvieowizhehsi 2 жыл бұрын
That's sweet 💙 love this couple.. humble and have what they need while saving money. They're smart! 😉 but traveling is also one way to enjoy your money! The perfect duo.
@johnalfred7286
@johnalfred7286 2 жыл бұрын
Well done ... Long may your success continue !
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you John!
@mikenobles2918
@mikenobles2918 2 жыл бұрын
Maybe pay their workers a fair wage first? To make a $1M and complain about two employees’ wages is pretty disgusting
@GenZFinance
@GenZFinance 2 жыл бұрын
this was a great story but I guess I wish it was longer to learn more about their actual spending, savings, investing, etc. This just seemed like more of a case-study on their business, not a millennial money.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
We filmed 2 days worth of footage but it had to be compressed down to 8 minutes. I'm happy to answer any of your questions
@Reskilober
@Reskilober 2 жыл бұрын
I have to agree, but it's clear that it was an editing choice they made once it was made clear that the couple didn't actually need to specifically allocate much of their income to expenditures and savings. Probably was the right choice to focus on their streams in the end. PS. Great family, love their vibe on this video.
@jboayes
@jboayes 2 жыл бұрын
$5,200 a month in children education. What’s your philosophy on private v public ?
@lisabennett5021
@lisabennett5021 2 жыл бұрын
@@jboayes exactly. what kind of education do your children get for $5k a month? im curious
@Naomi-xu4hq
@Naomi-xu4hq 2 жыл бұрын
@@jboayes they probably have other factors than just a private school, but in this age education is very important
@flowerfields2379
@flowerfields2379 2 жыл бұрын
It's so sweet the way he looks at his wife. You can see that he admires and adores her
@kaijaful
@kaijaful 2 жыл бұрын
Living below they're means is the gem of the story. 1M in CA, especially Silicon Valley is necessary to live a decent life. So happy they've created a life suitable & flexible for them. Inspired!
@raconte-moialice9509
@raconte-moialice9509 2 жыл бұрын
You can live a decent life in Silicon Valley with much less than 1 mil/year
@JayL1221
@JayL1221 2 жыл бұрын
Very inspiring. Having immigrant parents and having them work extensive hours is something I can relate to.
@SotheabothLMUTHVORN
@SotheabothLMUTHVORN 2 жыл бұрын
Love each episodes you create related to how to make it, those are guiding to me
@HeadStartWeb
@HeadStartWeb 2 жыл бұрын
I've been subscribed to Steve's youtube channel for a few years now. Good to see him here. Discovered him while trying to learn about Amazon FBA
@NikiBoo1466
@NikiBoo1466 2 жыл бұрын
Did you ever end up seeing that route through? If so, how was it?
@larry-ludwig
@larry-ludwig 2 жыл бұрын
Great story Steve!
@Brvnda
@Brvnda 2 жыл бұрын
i absolutely love this & their story should motivate others. i already know their kids are about to know so much about the business world because of their parents. teach them young! great parents.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thanks. Our kids actually have their own business too:)
@Brvnda
@Brvnda 2 жыл бұрын
@@mywifequitherjob really?! that’s amazing!
@dragon.fromindia3235
@dragon.fromindia3235 2 жыл бұрын
CRUDE OIL WILL RISE AGAIN TO 100$.HYDROGEN IS ALSO NOT GREEN ENERGY.CRUDE OIL WILL SAVE LIVES IN THIS WINTER....
@dragon.fromindia3235
@dragon.fromindia3235 2 жыл бұрын
SELL GOLD BUY PLATINUM PRICE IS LOW NOW....
@edselgreaves6503
@edselgreaves6503 2 жыл бұрын
Good for them. They figured out working hard =/= working smart and actually overhauled their entire lifestyles so they could do what they want when they want. And they won. I am rightfully envious but also full of hope because they actually make it sound grounded & achievabe. Totally happy for their success. They bet everything on themselves and came out on top. Their lives are AWESOME!
@kimmykero2421
@kimmykero2421 Жыл бұрын
What a great episode! Very well deserved; their success!
@LifeRNhungrynursetravels
@LifeRNhungrynursetravels 2 жыл бұрын
This is awesome insight!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@faqu529
@faqu529 2 жыл бұрын
THEY ARE KILLING IT!👍🏾
@CebiGreen
@CebiGreen 2 жыл бұрын
Congratulations and this is very inspiring. Time with family is everything.
@JoelJohnson24
@JoelJohnson24 2 жыл бұрын
Everyone: I want an income like that Me: I want a family like that
@rachiboo14
@rachiboo14 2 жыл бұрын
Such a nice family, they deserve all the success
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@valerieelfriede4789
@valerieelfriede4789 2 жыл бұрын
Hey bud, I find myself in a fix right now and I need proper advise. I have a lump sum of around $400k, an inheritance sitting in a savings account right now doing absolutely nothing at all. I wanna get something started with it but I need guidance on where and how. You seem to be doing excellent for yourself. I could use some help here.
@abebmoses7335
@abebmoses7335 2 жыл бұрын
yes, i actually kept BTC in Binance and it really messed up my mind. So for me, it is the better choice to trade daily and take your profit with you. I've been trading with Mrs Vivian Klaine Morgan's help, the profit is incredible I will also recommend her💖💞🌹
@rajeshupadhyay5683
@rajeshupadhyay5683 2 жыл бұрын
Her strategy has been helping a lot of traders/newbies out there, with her help, i was able to recover my losses from the crash so swiftly
@goldman3799
@goldman3799 2 жыл бұрын
I'm no longer waiting for the EDIL GRANT LOAN because I earn $26,700 every 7 days recently, all thanks to you your madam😊Vivian Klaine Morgan
@jewellwalker9808
@jewellwalker9808 2 жыл бұрын
Investing in Crypto is lucrative and a big chance to money online
@Resmith18SR
@Resmith18SR 2 жыл бұрын
Send me 200K Valerie and I'll double it within a week.
@yiqunzhou8185
@yiqunzhou8185 2 жыл бұрын
Love it! That’s very inspiring!!! Looking forward to hearing your more success
@karelgabon1935
@karelgabon1935 2 жыл бұрын
Congratulations to you guys! Wishing you many more success in the future 🤗
@sierrairick1704
@sierrairick1704 2 жыл бұрын
This is one of my favorite episodes by far :). Well done, CNBC Make It.
@monicaong4313
@monicaong4313 2 жыл бұрын
Lmao I love how his wife described his taste in handkerchiefs as “butt ugly”
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Ha!
@JeanneCassidy
@JeanneCassidy 2 жыл бұрын
best episode yet! very inspiring!
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
Thank you!
@mrrooneygeorgee6524
@mrrooneygeorgee6524 2 жыл бұрын
Nice to see good/encouraging comments about this couple who are enjoying their lives, anyone who has bad things to say is envious, my only saying is “go out and try yourself”. You’ll never get far hating.
@littletigerlearningllc6691
@littletigerlearningllc6691 2 жыл бұрын
This is awesome to see the behind the scenes of a successful family business.
@emilykim7053
@emilykim7053 2 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be Successful in life
@sebastianmateo9434
@sebastianmateo9434 2 жыл бұрын
You are right, to be a successful person in life require him or her of hard work and time
@sebastianmateo9434
@sebastianmateo9434 2 жыл бұрын
The thing about been successful is working toward it and not going the other way round
@walkerfred9763
@walkerfred9763 2 жыл бұрын
You're right. Been thinking of going into gold and cryptocurrency
@walkerfred9763
@walkerfred9763 2 жыл бұрын
It's obvious everyone is going into investing cryptocurrency especially BTC
@walkerfred9763
@walkerfred9763 2 жыл бұрын
Investment is the key to achieving success with the current pandemic slowing down so many businesses
@j.t.5826
@j.t.5826 Жыл бұрын
You guys are great example of working hard and smart you can obtain your dreams. Congrats on your future. Thanks for sharing story. You inspire others like me to do better.
@danielmasunungure
@danielmasunungure 2 жыл бұрын
Loved this episode!!
@SimonTimbers
@SimonTimbers 2 жыл бұрын
The way she flamed her husband’s taste 😂
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
They totally cut out my come back line, "Bad taste in women!"
@nixtoshi
@nixtoshi 2 жыл бұрын
​@@mywifequitherjob Where do you plan to move your business to from Silicon Valley? Las Vegas?
@SittaLuvz
@SittaLuvz 2 жыл бұрын
I love this, they are such a wholesome family.
@alexandrasvdavis
@alexandrasvdavis 2 жыл бұрын
So great loved how natural this episode was
@cabezitadealgodon
@cabezitadealgodon 2 жыл бұрын
Awww...she choked up when talking about her mom...that made me get teary eyes.
@kam5755
@kam5755 2 жыл бұрын
A lot of people don’t realize how many people make 7 figures and if you don’t grind to get there.
@martins4118
@martins4118 2 жыл бұрын
Starting a business especially something online is definitely the way to go since it costs way less to start and is more flexible. Unfortunately many people still believe the office 9-5 job is the way to go.
@mywifequitherjob
@mywifequitherjob 2 жыл бұрын
I agree 100%
@hhakyt
@hhakyt 2 жыл бұрын
9-5 is the backup when you hit rock bottom. A university degree & a few soft skills are always a back-up. Anyone can start a business, even without having any money( Affiliate Marketing). But it would only thrive if lady luck wants it to. Starting business with debt is also an option, but delayed repayment or inconsistent repayment due to poor sales can have drastic impact. Hence, doing a 9-5 while growing a side hustle is the best options. One can fuel the other, the other can fuel the both later.
@alp.9672
@alp.9672 2 жыл бұрын
You also realize many online businesses don’t replace a 9-5 and many fail also right? O yea health insurance is tied to our 9-5s also.
@PattyandJerry
@PattyandJerry 2 жыл бұрын
great episode!
@tkidd250
@tkidd250 2 жыл бұрын
Really cool seeing the person behind the website my wife quit her job
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