Dave, How Did You Make Your First Million After Going Broke?

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[@michellemorford349]

He also demonstrated that when you have no debt and a lot of money, you can take advantage of misfortune like 2008 housing crash and buy a lot of property cheap. That’s why being out of debt and have opportunity money is so helpful.

[@floresnashvilledrummer]

Absolutely. He lived frugally. Until he didn't have to.

[@seekingtruth9677]

This man has changed so many lives thx you for help and services over the years

[@johnlewis8934]

Facts. He's a good man

[@kirkcaza8324]

Just wanted to say thanks to Dave for making all these videos. I am 34 years old and my wife and I just paid off our house. Every time I wanted to buy something with a motor I would watch a video and it helped me stay focused.

[@stansburyclarice4968]

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals

[@susannabruemmer3683]

May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well

[@luiskoogler7926]

who would you recommend?

[@presley492]

I can’t drop her info here, KZbin is a public place. Just do a web lookup using her full name and connect to her official webpage.

[@zoeyredmond5501]

Dave hides the fact that he got rich off of a special exception with contracts that isn’t really possible today, and then capitalized off the 2008 crash to skyrocket his wealth… always remember that

[@CP1960]

@@zoeyredmond5501 which contracts are you referring to?

[@kevinanderson263]

I’m about to go broke so I’ll be half way there soon!

[@jjawesome210]

If you want to be wealthy follow the baby steps. If you want to get rich start a business that give people tremendous value and accelerate the baby steps. That is what Dave did.

[@summerforever6736]

sure

[@bryantlong6522]

If you wanna get out of debt and live a mediocre life follow his baby steps…follow someone else who understands math and knows investments to build wealth.

[@johnlewis8934]

True I want to build a business so that I can help others in it and outside of it

[@kbanghart]

Sell a product that doesn't cost a lot but is extremely popular, sell a ton of them to a ton of people.

[@kbanghart]

@@bryantlong6522 sorry, I don't see where a mediocre life fits into that.

[@JCtheMusicMan_]

Dave had not developed the Baby Steps yet. He did start by paying off debt, living like no one else, and stockpiling his earned income, which is the foundation of what later became part of the Baby Steps.

[@braceyourselvesfortruth2492]

He happened to pay off debt, but that made no real difference. His income from real estate deals and radio made all the difference.

[@dogguy8603]

@@braceyourselvesfortruth2492 actually the baby steps did make him millions, by selling Americans a course on basic finances that can be found on any youtube video

[@Astrotase]

Exactly he is a scammer guru

[@jamisonmunn9215]

The first million is the hardest needs to be researched further. I have heard so many stories on how it took 30 years to get to that first million. Then from $1 to $5 million took a decade but by then all the processes and experience is already in place. Notice how Dave has been in real estate forever and even went bankrupt doing real estate but in the 2008 when real estate crashed he said he was able to purchase $100 million in real estate for $15 million. He could only do that because he had the cash available from those previous mistakes and he knew in 2008 with his then income and being able to pay cash for the properties it was a good investment.

[@1967davethewave]

$1 million is just a number. What if you were shooting for $750k? Then you could say it was hard to reach and the second $750 was easier maybe?

[@tom5083]

"Whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them." Matthew 13:12 Something to do with the pareto principle and the fundamental inequalities of reality... thanks Satan!

[@johnlewis8934]

@@tom5083 how are you going to quote scripture then thank Satan. Those to things don't mix.

[@Big-Government-Is-The-Problem]

someone would have to have some amazing investments and or get a massive income increase to go from 1-5m in 10 years. 1-3m is probably more realistic but yeah i totally agree with everything you said

[@roseother8306]

2008 was 20 years after he filed bankruptcy. He accumulated more than $15 million by then - spent that much on real estate.

[@Bruh-og9zp]

Too many people are missing the fact that Dave tells people to follow baby steps using their job and make a couple million by the time they retire; when Dave actualy got rich selling his advice.

[@702prodigy]

they also don’t want to be as rich as they say they wanna be.

[@kak5844]

@@702prodigy what is rich? Having a million? Or having financial peace? Maybe some are being too cynical and missing the point?

[@tylerparker1333]

To be fair Dave would say find the career for which you are passionate and talented. So if you do take that advice and excel in your field you will naturally earn more, and hopefully way before retirement.

[@bellmattwebb]

Dave's plan works for almost everyone and that's the point. This advice is not for the three percent that are going to be wildly successful anyway. It's for the other 97%. Take it for what it is.

[@hardchooligan]

Dave says himself many times if your goal is to be a multi billionaire you need to do more than this,that type of wealth involves an invention or starting your own business. But for the average person who wants to get control of their finances and live very comfortably this is a good framework. Nice job acting like he hasn't addressed this though 👍

[@acarter777]

I really enjoy that Dave talks about his experiences. I find it very insightful and motivating. I hope the other personalities will pick up this trait. Love the show!

[@user-jl2lg8zw2j]

Helpline 👆.👆👆

[@johnlewis8934]

Same he should do it more honestly

[@TheDogondone]

Been following Dave for over a decade. On baby step 7. Thank you sir, from the bottom of my heart, thank you!

[@johnsikes1779]

He owns millions of dollars in real estate. Tells you how he did it very vaguely as far as real estate. Earned it off of books, radio, and other forms of media. Awesome guy. Trying to paying off my home now.

[@johnlopez7412]

Wow, finally a question that we haven't heard asked 169 different times, I always wanted to hear the story of how he came out of bankruptcy at 30 years of age and became a millionaire supposedly without borrowing any money.

[@davidb2206]

Parents.

[@johnathanbolin5539]

He did borrow money... He's made that clear

[@roseother8306]

He said it. He would look for properties, negotiate and get them under contract, sell them to someone with the money to buy and do the work - who would make even more money. In other words, he flipped houses.

[@ASLunar]

@@roseother8306 Without borrowing money? So he acquired houses in cash without being a millionaire? I think that's OP's point. It sounds like he went into debt to get those houses.

[@LegDayLas]

@@roseother8306 You can't flip houses without SOMEONE fronting the bill. He still used other peoples money to get rich the second time, because that's what it takes to get as rich as he is, and that's just fact. If you want to be as rich as Dave, don't follow his advice, it's not what he did. If you want a few mill by retirement? sure, his advise works, specifically for people who can't use debt responsibly.

[@clout_chasing]

So Dave Ramsey was wholesaling Real estate. Got it.

[@jakeandsarahhealthnuts3299]

I would love more videos like this. Yeah it’s fun hearing you give advice about how to get out of debt but so much more interesting to hear your stories

[@dmbgator86]

So Dave had about 20 million to his name in 2008 and now he has over 200 million. Good for him.

[@bigpicturethinking5620]

Parabolic trajectories aren’t uncommon in business. The crawl to walk to run is much slower than the run to flat out sprint in my experience and my observation.

[@elijahsplaytime2540]

I heard that last line in Daves voice

[@GeorgestraitStriat]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@BrandonIvan-c6e]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@GeorgestraitStriat]

@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@BrandonIvan-c6e]

@@GeorgestraitStriat Oh please I’d love that. Thanks!

[@GeorgestraitStriat]

@@BrandonIvan-c6e Clementina Abate Russo is her name

[@GeorgestraitStriat]

Lookup with her name on the webpage.

[@penguinc2653]

The first 100k is probably the most difficult for many of us , from there yearly aprecciation/ returns move you at a faster pace i feel imo

[@caseyporter499]

Dave was an og wholesaler

[@Patriciacraig599]

Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in stocks that will align with my risk tolerance and financial goals

[@PhilipMurray251]

While the stock market is promising, expert guidance is essential for effective portfolio management

[@yfar567]

Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022

[@Natalieneptune469]

Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.

[@yfar567]

I take guidance from ‘Natalie Ann Brinkman‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@yfar567]

NICOLE DESIREE SIMON is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@peterschiff2007]

I recommended to hey sometime ago,can I get person who invested with her Mrs Camilla mc Coy comment below

[@alicerobert6007]

hey I did with her , i made huge profits Thanks for recommending

[@bertusbusman1705]

I saw that recommendations but i did not bother chatting her up🤦‍♂️🤦‍♂️

[@harrietmerchandise5942]

Same here it's four months now I started investing with her and it's been a good experience

[@michieljacobsz2036]

Who made profits for you, am really looking for a pro who can manage my account and make me huge profits

[@davidcurtis7184]

She's expert Mrs Camilla mc Coy one of the best and trustworthy broker ever

[@donaldcomer7417]

$1000 dollar emergency fund and six months of saving in case you getting layed off or fired are truly best advice i can give anybody

[@djpuplex]

He didn't do it delivering pizza. It was selling common sense.

[@Anonyme67]

😂😂😂

[@tomahawktom7595]

Imagine making so much money that it’s hard to remember how you made your first million…..GOALS

[@TREVSCOgaming]

Secret baby step "Make income spend nothing repeat"

[@bobularbob]

i always was curious how dave rebounded. so glad he shared the story. thank you

[@pahanin2480]

Everyone: how did you make your first million Dave: I made deals

[@Fatboylo1980]

Dave made his money selling people common sense. He’s brilliant. He took the money he made selling people common sense and then invested it and made even more millions. Lol

[@erikmickelson5935]

Having listened to so much of the show as well as all the EntreLeadership material, nice to hear one more story! Keep telling them Dave! I use and teach all of what you do.

[@BambooScar]

He definitely did some shady stuff lol struggling to not say too much but its all good! Get after it Dave!!

[@CECE21574]

Hmmmmm? Math does not add up. 1OOk per year for 20 years? I assume he started to do his own deals after a year, clearing $200,000 per deal x 10 deals per year=$2mill x 20 yeras

[@FairwayStreams]

Dave looked nervous answering this question . im sure he used debt but doesn't want to say it lol

[@ahmadabdelqader388]

He did lol, he was never broke like he made it seem

[@alinatamashevich3354]

@@ahmadabdelqader388 Wrong, bankruptcy means broke fool.

[@stevew4079]

This is a wonderful interview! Dave’s history is worthy of a movie

[@michaelwoods4495]

I'm not so far behind Dave. He's working on his second hundred million and I'm working on my first!

[@johnathanbolin5539]

I'm working on my second million, gave up on my first 😂

[@jenniferelkins]

The only thing I don't understand is why the $1000 emergency fund hasn't been updated in all this time. It might have been perfectly adequate in the 80's and 90's, but these days you can't fix a broken down car for $1000, let alone buy another one if it completely craps out. A furnace for your house is thousands of dollars. Even one paycheck's worth of expenses while you transition to a new job or apply for unemployment is more than $1000.

[@LegDayLas]

His response to this was along the lines of "$1000 wasn't enough back in the 80's either, it is just a small buffer that helps build good habits" The real reason it has not been adjusted for inflation? $1000 is a nice neat number, and Dave is a stick in the mud boomer that doesn't like change.

[@Worldwide20222]

It’s just a starter emergency fund but his advice is to build it further after completing step 2. So the actual emergency fund needs to be 6x your monthly expenses when you’re done with paying off debt

[@braceyourselvesfortruth2492]

What made Dave a millionaire again: Real estate and radio What DIDN'T make Dave a millionaire again: The Baby Steps

[@amireallythatgrumpy6508]

He was already a millionaire again by then...

[@peterskowronski5264]

Thank you Dave Your teaching has changed my family’s life. Our house is paid for, we are debt free building a great nest egg for retirement Now our adult children are working on doing the same thing

[@SuccessMikeMatthew-gw5uh]

You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller

[@SuccessMikeMatthew-gw5uh]

she's mostly on Telegrams, using the user name

[@SuccessMikeMatthew-gw5uh]

FXMILLER19 💯.. that's it

[@laithanmorisco-tarr8363]

Damn, am I able to reply? My username doesn’t have five random characters after it so I assume I can’t?

[@1jackal1]

Scammers everywhere

[@brianbrewer2909]

Anyone reading this, when you see these comments where all these people are promoting the same person or thing it's a scam. Probably the same person replying to himself on different KZbin accounts.

[@kenmarquis5320]

So, these 9+ minutes seemed to get off the question... and even the question was unfairly worded... because he tells you that he was "dry-flipping to a friend"... he was leveraging his existing network and wholesaling real-estate. What i want to know is how long did it take for him to earn his first million and (specifically) how did he do it? Was it one big deal that worked out? Or, was it several years of $100 per month...?

[@johnathanwoods3094]

Was expecting him just to say “beans and rice, rice and beans”

[@nicholasmartinez6043]

That’s basically what he did say actually. Make decent income, live on nothing and save and invest the rest

[@MontyKirkland-sc5gf]

Dave thanks for showing us how to get out debt and stay that way

[@DaVonteLee_]

He started wholesaling/ assigning contracts

[@brockreynolds870]

Most people get where they ae because of family or a "buddy".

[@TheyRiseBand]

Dave is no exception.

[@blackspiderman1887]

So far what i heard is "after I went bankrupt a returned to real estate. I eventually started making 100k a year. Then i started another business in radio/advertising where i was losing money" however I didnt really hear everything after that. So either he saved for 10 years + to get a million or he substantially increased his income but it wasnt through real estate. So it must have been when he started selling financial peace where the money started coming in. So what lesson do we learn kids. Eventually your income will probably cap out at your job. So you to make it into the multi million category, you need to start selling a product people will use on a large scale. In Daves case, His Financial peace University. Of course you need to have money in the bank to do that.

[@jessefunk3986]

Seems like he made that up

[@ahmadabdelqader388]

He did, he grew up in the real estate business and never had to struggle like he made it seemed like

[@user-jl2lg8zw2j]

Helpline 👆.👆👆

[@jessefunk3986]

Ahmad Abdelqader I know we won't have proof but Dave is really smooth and good on his feet. His response to this question? Not at all. I'm not saying he's a fraud and I find his advice useful but I think he isn't admitting he had some form of help. Even on $100k/yr you don't get rich anytime soon taxes, groceries (beens and rice exclusively even), childcare costs, whatever. There aint a lot left over after that, even if you are as frugal as Dave here purports to be.

[@alinatamashevich3354]

@@jessefunk3986 You forgot, Nashville was really cheap back in the day, so his 100K was a lot of money

[@bradvincet1848]

Dave built himself back up with real-estate after bankruptcy? He needs to elaborate in detail on how he made this possible. What does he know that other realtors don't? Realtors are a dime a dozen and most are not rich by any means.

[@lilbrova]

Thank you.. very little on details and did answer the question that was asked..

[@taydiggs5740]

I agree with this 100%. So he sold his “contracts” to other realtors? And got to 1M simply by paying off debts, and stacking cash?

[@parallel8569]

He was speaking about wholesaling real estate, not being a realtor. You don’t even need a realtors license to do it, but you’re seen as a shady person because you are taking advantage of another’s misfortune. His example is simple but accurate. You are being paid to find good deals for investors, not realtors or single family buyers.

[@FioNensa26]

Thank You David Lawrence Ramsey III for changing my family's life and Mine and the way we view New Vehicles GOD BLESS YOU!

[@macpduff2119]

Very helpful to hear Daves story

[@IAMSatisfied]

I was waiting for Dave to say that he followed Robert Kiyosaki's example in real estate investing. 😉🤣

[@stevenporter863]

Waiting for that too. Sounded like the edited version of the story.

[@inmate0054]

He borrows money dave doesn’t. He did that stuff before he went broke

[@hillbilly24]

There both good methods. One is just lower risk and also lower reward. But if you do Dave's baby steps you will not be poor and you will almost certainly be rich at some point. Robert kiyosakis methods are great as well as long as you play it smart.

[@wanderingdoc5075]

He's not going to be honest.

[@1967davethewave]

@@wanderingdoc5075 What is he not being honest about?

[@jermaineishmael7225]

So went from bankrupt in 88 to a six fig income in 89, I'm literally living in a different universe 😢

[@1981lashlarue]

Not everyone is going to have the same story or success at the same rate. The point is to get back on the track toward the finish line, learn from past failures, and don't repeat the same mistakes.

[@404TRUCKERTV]

That right Dave! hard work. He has a series of tapes called the commuter series it comes with his audio book version. He goes into detail about the struggles daily he went through to build his wealth. So shut up about this man. He's proof!

[@watchesilyke3466]

News headline will be "Dave Ramsey didn't follow his own baby steps" 🤣

[@richcreager7877]

You have a Listening and Comprehension problem. He specifically said on several occasions during this podcast that Baby Steps hadn't been born yet.

[@watchesilyke3466]

@@richcreager7877 I guess you have a common sense problem. That was the point of the joke.

[@Primitive_Code]

The baby steps are "duh" or "hello" common sense. In Dave's critical steps 2, 3, 4 the big idea is to bust your behind and work like a maniac. So if I didn't know the steps and still worked my tail off and saved (common sense and self control), I wonder if I'd be rich 🤔.

[@spencerloch6449]

I am so happy he didn’t quit on his dream and the radio show after his first year cost him half his income!!!

[@MichaelDavis-uu9zh]

You may have made less to begin with but you affected more people, how lucky we are, God bless!

[@momanslm6289]

The $1,000 came from Larry Burkett whom Dave never credits. The purpose was to cover those Emergencies but why only $1k? Because back when Larry was starting out that $1k covered most all insurance deductibles and often still left money for a tire and groceries. The principle still holds true today. If you have an emergency, use the fund to pay for it, stop all extra payments until you rebuild the $1k fund, then go back to attacking the smallest debt - which I believe was another staple of Burkett’s teaching before Dave even went bust.

[@Cisco13]

His parents were real estate developers...

[@ahmadabdelqader388]

Correct

[@nicholasmartinez6043]

My favorite Dave Ramsey answers are ones that he has to wrestle with a little bit to answer

[@jarettesuikowsky6742]

Dave is like the IG scammers. He sells nothing. He charges you to tell you how to save money lol!

[@jedsiegel861]

so just like every other guru he made his money selling a course on how to make money

[@davidschepers9123]

Correct

[@nataliedepriest9113]

I respect someone who has become so successful that they don’t remember how they made their first million.

[@user-jl2lg8zw2j]

Helpline 👆👆👆

[@tdaveniii]

I've met many multi millionaires, a few of whom are wealthier than Dave. They can all easily tell you how they made their first million.

[@Acid31337]

Take a bunch on loans -> buy liquid assets -> hide them -> file for bankruptcy. Then tell everyone you just forgot how you made first million, and storytell about hard work and hustle...

[@rudygoofysrh]

Thank you for sharing this. Become a millionaire once, then you can totally do it again!

[@jaredbenbow3900]

For the most part I agree with much of what Dave says but where he suggests if you are broke your first dollar should go towards an emergency fund instead of a 401k when an employer match is on the table doesn’t add up mathematically. He’s worried about a 30 or 40% penalty if you have to access your 401 early when there is a 100% penalty for not getting an employer match. In other words if I contribute $1 to my 401 and my employer matches $1 I now have $2. If I need to get my dollar out then I lose 40% of that dollar but I still have $1.60 compared to just having $1. Point is get your employer match

[@johnseifert6927]

Over 100k in 89 is pretty huge.

[@gibblespascack1418]

So how did you make your first million? Dave: "Good offense and great defense." That is how we did it too, but we never went to rice and beans. For me it was Kraft Mac and Cheese which was $0.25/box at the time....

[@leodass]

Wonderful Flashback! A learning experience.

[@ryanc9888]

He sold a bunch of books on how to make your first million lol

[@gabedelgadillo6811]

Just say it Dave. You sold your books on how to not go bankrupt.

[@roolyfe]

That’s the truth!

[@JustinHollandFitness]

It was hard for him to answer without just saying that

[@davidmmm8]

Exactly! Wonder why honorable Dave never mentions this fact… . Millions (Billions?) in book sales certainly helped the man. Just admit it Dave.

[@wanderingdoc5075]

@@JustinHollandFitness Not an honest man. Just a salesman..

[@Anonyme67]

😂😂😂😂

[@TruthBtold81]

Love the raw stuff!

[@BigJohnM]

Dave never said follow the baby steps and get 300 million like me. Following the baby steps gets you to be a everyday millionaire, nothing fancy, not super rich. Freedom with finances. If you want to get super rich you need to do more. The difference between Dave's advice and other people's advice.... This is not a get rich scheme or some scam. This works for nearly everyone and it gets you to financial freedom.

[@15KHPCLUB]

@@BigJohnM Dave, like many other self-help gurus, got rich by selling the dream, not by following what he teaches.

[@michaelolson3048]

The irony of the no debt guy cleaning up and making millions off of people who had over-levered going into 2008.

[@texasskygirl7890]

I think a lot of people miss the point. Its not just about being rich. Rich is relative if your heart doesn't change. It's about working hard. It's about peace and being a good steward of what God has given you.

[@yourmarketingbuddy20]

I agree with the real estate but you can also build wealth with high ticket sales where you get 5-100k commissions.

[@Brennanoliver775]

I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K weekly has been really helpful. I can now give back to the locals in my community and also support Charity Organizations. I really appreciate your videos Kelly

[@WyattSmith-v]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@JimmyA.Alvarez]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.

[@JimmyA.Alvarez]

Finding financial advisors like Jennifer Lea Jenson who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@ashleycnossen3157]

I loved hearing this

[@user-jl2lg8zw2j]

Helpline 👆👆👆

[@briandreher5468]

The definition of a Recession means that your Neighbor lost his house, job,and car. The definition of a Depression is when YOU loose your house,job, and car.

[@wangarizipp6679]

I left Paying off the house off the list, because i like to see money in my account😌 but Paying off other debts is soo satisfying.

[@addisoncoughran7326]

Bible also says "pay to Cesar what belongs to Cesar". Meaning, use the tax benefits when legal. Live within your means or below. Be giving, kind and loving. You cant help others in their boat when you boat is in the brink of sinking.

[@1967davethewave]

The bible says "Render unto Cesar what it Cesar's and render unto God what is God's" and it means that money and taxes are controlled by man but your soul should be given to God. It doesn't mean to use tax benefits or anything else. Jesus said this to his followers to keep from getting in trouble with the Roman rulers at the time.

[@Theman2075]

So Dave never really did the baby steps. Gotcha!

[@sagarpuruswani1443]

That's what i m thinking

[@adamrickman2461]

Eh yes and no it sounds like. It was more like he figured out what would have worked better in order after he went through it.

[@linuxsurfer2002]

They didn't exist yet - if you watch the video you will hear him say they "lived on nothing", paid off their house, drove junk cars, did not go on vacation, and piled up cash. The baby steps are actually less intense than what they went through.

[@adamrickman2461]

@@linuxsurfer2002 paid off irs debt was in there as well.

[@blackworldtraveler3711]

@@linuxsurfer2002 Common sense stuff.

[@joewger]

Made it by not taking your own advice. LOL!

[@solologging2488]

🤫🤫🤫🤫 don’t tell his secret

[@bethanyboothe4817]

That’s not exactly what he said. He said he made it by being more strict than his advice.

[@linuxsurfer2002]

How do you figure? He says he didn't use debt, and they "lived on nothing". They paid off their house, drove "junk" cars, and piled up cash.

[@Shardalon]

@@bethanyboothe4817 Right? People really hear what they want to hear.

[@MrTmenzo]

@@bethanyboothe4817 dry flipping isn't a step though?

[@budgetingdaddyuk6761]

Love how he broke it all down.

[@luismalave55]

Great question very informative 👍

[@user-jl2lg8zw2j]

Helpline 👆.👆👆

[@Chris-fn1yq]

Lol he make it sounds so easy 🤣 😂

[@MicahCovey]

Love this one! Good to hear.

[@davidalegria2344]

Dave was a wholesaler!

[@spencersmith312]

So Dave made his first million by starting a business and becoming a syndicated radio host? Sounds like a plan!

[@wadeharris348]

Starting a business isn't easy. It requires a huge amount of risk. Some people like that kind of work. Others would rather play it safe and secured with a day job. To each it's own I suppose.

[@stevenporter863]

Wait. Dave made his first million through financial peace which is financial guidance, while recovering from BANKRUPTCY himself? Wow!

[@JustinHollandFitness]

You need a cohost?

[@PremiumFuelOnly]

@@stevenporter863 No, if you listen closely, he made millions off flipping real estate.

[@Reddit1872]

Sounds like he picked himself up by the bootstraps, worked those four jobs, delivering pizzas.

[@nickprudden4938]

Sounds like he was wholesaling real estate. I do the same thing I’m a licensed real estate agent in Illinois. We put property under contract to sell and flip the contract to another investor.

[@iammichaelstarks]

Great video!

[@user-jl2lg8zw2j]

Helpline 👆👆👆

[@johnsikes1779]

He went all in.

[@Kcducttaper1]

I really love this story! Often times the DR comment section is just riddled with "Dave, you just don't get it", but the fact is, he does get it more than nearly anyone complaining about it in the comment section! Her just uses logic and Biblical wisdom instead of emotions and feelings.

[@777moniluv]

Sounds like this would make a great mini-book or short documentary.

[@KevinMcMullen.]

Would love to see more videos about this topic. I am getting close to hitting a million dollar net worth. Hopefully this year or next year I will finally cross that number.

[@williamjohnson1668]

I am listening to a man speaking about how many mistakes he made in life and not to be like him

[@codysseus5100]

Cleveland Brown?! Is that you 5:50

[@ThroughVisuals]

He basically did real estate selling houses lol

[@user-jl2lg8zw2j]

Helpline. 👆👆👆

[@zenchi9214]

He mostly sold books

[@crow-vz5lx]

I love this episode. At can see how the man lived it.

[@robertrichardson6827]

Beans and rice, rice and beans.

[@robotbush]

So Dave became a millionaire through selling his program. Nothing wrong with that.

[@user-jl2lg8zw2j]

Helpline 👆👆.👆

[@robotbush]

No

[@aaront936]

@@robotbush selling his program not by following his program.

[@marquisgt]

Dave won the Powerball lottery, that's a little known fact!

[@mariad4183]

Love it

[@nickkkk495]

Thanks for sharing