Asking Superyacht Owners How To Make $1,000,000

we're out here in miami beach and these yachts behind me are worth over 20 million dollars i'm really curious what do these people do for a living today we're gonna go knock on some boats and find out excuse me do you own any of these yachts you look like you would own one of the yachts i just had a question i love your boat you have like one second oh do you have like 30 seconds i can ask you a few questions i can't go into it right oh sorry sir you guys charter parties here oh it's a private boat thank you thank you you're welcome boss what kind of boat is this vanquish i was wondering if you have any advice for young people that want to one day get a boat like this all right so that was carson cook he founded fractal uh which is a defy platform so crypto is one way to buy yacht it's a great boat what kind of work do you want your son to go into or do you recommend for people to do well and be able to afford this really like blankets or like what kind of textiles how did you get into that my family there's been textiles wow this is [Music] yacht life is cool we didn't need to get a yacht i'm a real estate developer who's now really mostly in the hotel business we're the number one company in the world for cutting trees down cutting systems incorporated we own a bunch of chain of businesses gyms back in dallas we moved down here to build a large franchise it's called rockstar martial arts we're going to put them all over the united states now wow been very successful opening gym sold our first company that way so every day it's starting sometimes is it is it profitable to own a yacht like let's say i like that one or this one if i buy it at least profit my father started to work with boats and then i moved to miami then you start my own company i'm a yeah bro by the way what's your name eduardo is okay she's off what a dream you guys are living this is literally living the dream hey what's up hello everyone miami women really are perfect everyone's perfect here it's amazing this is like nicer than your place dude this is so cool this is the master oh wow this is four rooms yeah so we come for about 10 people 10 people how many people staff does it need for the boat we have four four my mate and two or the other expensive oh the expenses of the yacht what twenty thousand dollars twenty five thousand a month how was the life of a yacht captain yeah especially that's very nice how did you get into being in charter business ah yeah me you know you were cleaning you're like just working on the boats it changed my life good for you no he's different what do you want in your life you know what do y'all do out here i'm one of the idiots that has bitcoin at 8.50 8.50 sold it at 100 thinking i'm a genius i went back to work on stocks and stuff you know and then i looked and i was like what the did i yeah do you want to dude hell yeah let's do it come on what kind of uh working restoration we're a large glass restorator that does fire flood hurricanes tornadoes or basically restore property commercial property how did you get into that kind of work i was in sales and construction and project management interstate was a company i merged my company with i sold out of that and then i bought another company in 17 and started doing about 59 years before we dive into the next insane yacht story i have got to give a huge shout out to our sponsor trends.com for helping make this video happen now if you were just getting started out and you're like i don't know what industry or business to do trends.com will help you solve that they have a whole team of super nerdy analysts that literally spend all day long researching the most profitable business ideas and they send an email every single week as well if you join trends.com they have a community of other people that can support you plus they bring on ceos like myself as master classes for their community go give them some love at trends dot co slash noah k they're doing one dollar for a seven week trial that's insane just a buck so you can sign up and give them some love get your own business going at trends.com okay to get started for a seven day trial for one dollar get a business idea and get your own yacht i was a professional tennis player i ended up teaching tennis into hamptons and through some hamptons clients i got a job on wall street and did that for a couple years learned a bunch of then i started my own thing started my own investment bank and made it i started in the commercial leasing business and then i would use commissions to buy buildings so my shopping center business had capital and bought up a whole bunch of hotels so i've been doing hotels mostly ever since my dad died when we were all like 10 11 9 8 and my parents were both teachers and it left my mom in a really tough spot i knew i wanted to make money at an early age and so that was basically what i set out to do and did and then kind of changed that you know kind of treated my family's life what business advice you give to your kids i actually love you but you got to get away from it a lot of times when you get away from it step back you actually see the picture i'm sitting here thinking picasso remnant and all these people when they're just in there painting and digging like crazy when they walk out of the room and come back into the room and see the picture from a different angle of different perspectives do they change the picture i mean when i walk away from my work then i come back to it it's like wow so another good saying my dad told this said give the soros man the hardest job stand back and watch you find the easier way what i'm seeing money is flowing out of the stock market and flowing into crypto real nice and quiet while they're both sitting there doing this you know underneath the structure yeah it's flowing out of the stock market going into crypto now this is a good life lesson there's always someone with glass and there's always someone with more one of my best friends is a billionaire he's the largest home builder in the united states and he'll tell you there's 10 guys with more money than he has so if you want to be focused on that amazing yeah i guess i'm in the top one or two you know but i think just because we're all standing here we all are i think about what's happening in the world how lucky we were to be just standing on this dock the key to happiness is being happy with what you have that's that's a fact but money is not the only measure of success you know that's that's important watch how do you stay so fit we saw you yesterday and we were talking about you last night i was like this guy is like is it good jeans a lot of pizza and good jeans yeah all right there's so many people who create gyms that don't work like what do you guys do differently we're kids market we we focus on focus on kids martial arts a lot of people we meet they say work hard right and i i don't know what is it that people people aren't getting what they want are they actually working hard we don't work hard we work smart yeah we look smart we manage our time and we focus on what needs to be done and we delegate a lot like the first three years of my first location i worked a lot and then i started putting people in place and that was really hard like you know delegating and trusting somebody else and he's always said if somebody can do it 80 of what you can then it's fine and how did you two meet you know that's my kickboxing instructor i really could hell yeah long long time ago a couple years ago and we've been together for 23 years i feel like every year actually gets better this is my best how do you think like for for younger people that are just starting their careers how do you think about wealth it's all about taking risks and calculated risk some people are more comfortable taking a calculated risk at a younger age and some people are more like myself i didn't jump out on my own until i was 40 years old there's 10 things in business that you need to learn right number one is don't run out of money and there's two three four five six seven eight nine in the number ten to run out of money those are the two things i remember is the rest of them right if you like this video you're gonna love this video right up here where i knock on millions doors and find out what they do for a living if you haven't subscribed to the channel you know what to do uncle noah loves you and i'll see you out there

Channel: Noah Kagan

Views: 2,612,531

Keywords: yacht millionaire, what do you do for a living, how to become a millionaire, how to be a millionaire, how to become rich, how to invest, how to make money, how to build wealth, build wealth, how to build wealth from nothing, financial freedom, building wealth

Id: yVkwsYfrs8k

Length: 9min 1sec (541 seconds)

Published: Fri May 13 2022