On this episode of The Table with Anthony ONeal, Donald Miller joins to discuss how he successfully scaled his small business into a multi-million dollar empire. Now Donald and his team are taking action to help educate Minority Small Business owners do the same! The author of ‘How To Grow Your Small Business’ breaks down the necessary bank accounts you should have as a small business owner, and also shares some of the mistakes he’s made along the way and the strategies & techniques he used that helped him bounce back . Whether you’re just starting out or an experienced entrepreneur, today’s show will give you the steps you need to take your business to the next level!
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Hey, fam! I’m Anthony and I’m here to help you discover your authentic self and achieve spiritual, financial, and mental freedom. I know what it’s like to be in debt and homeless – I’ve been there. But with the grace of God, I was able to turn my life around and I’m now helping others to do the same.
Join me on my YouTube channel and let’s start this journey together. I’ll share my experiences, tips, and tools to help you achieve success and become debt-free. Plus, you can follow me on Instagram @AnthonyONeal and visit anthonyoneal.com for more resources and help.
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Wow, this information is mind blowing. Thanks Anthony for having this gentleman on your show.
Yes‼️
Glad it was helpful!
Okay!!!! Replay for the 4th time.
I love seeing people from all walks of life coming together to help each other grow.
Me too. It’s a beautiful thing to see.
he hadn’t told it all believe that
7 And the LORD thy God will put all these curses upon thine enemies, and on them that hate thee, which persecuted thee. 8And thou shalt return and obey the voice of the LORD, and do all his commandments which I command thee this day. 9And the LORD thy God will make thee plenteous in every work of thine hand, in the fruit of thy body, and in the fruit of thy cattle, and in the fruit of thy land, for good: for the LORD will again rejoice over thee for good, as he rejoiced over thy fathers: 10If thou shalt hearken unto the voice of the LORD thy God, to keep his commandments and his statutes which are written in this book of the law, and if thou turn unto the LORD thy God with all thine heart, and with all thy soul. Deuteronomy 30:7
Its great to see and also learn from this
Now, double click into the gap between knowing and doing it, patiently, unemotionally for 20 years. There’s the explanation for why there’s ALWAYS wealth disparity.
Yes, and there always will be. The game is to make sure you end up on the end of the bell curve of people in the know, not the ignorant.
Now, I am far from financially illiterate, I have a degree in Economics and am also AAT qualified and it still hits like a mic drop whenever I hear that part about rich folk borrowing money rather than withdrawing investments because it costs them so much less to do it that way!
Same here. Economics major and it is still mind blowing.
That’s basic information.
Really depends on your financing cost or Cost of Capital/Debt. If you’re yielding 5% and debt cost 10%. It’s not a sound investment.
Here he assumes you make 8% (can be highly variable depending on the underlying asset) and borrow at 4% so ofc Net you are making 4%.
We all learned during the pandemic..the question is why are they so invested to tell “US” now.. you “YOU” because you’re not one of us.. because now they’re getting rid of the US money
No, this is the conversation that ALL people who are not from a wealthy family need to hear regardless of race. This is purposefully not taught in school.
100% agree
You mean like how the Tax code is Regulatory Law and NOT GENERAL? That kind of info.🔑🎤
I have taught this to my MD students 😊
Love Don! Saw him on entreleader in 2018, went to Nashville in 2019 for his storybrand course, built a 7 figure business from 2020 – 2022. Now stepping out the daily management of that business and working as one of Dons certified business coaches with Business Made Simple. This material works!
Nice!!! Congrats! Would you be open to connecting/networking?
I mean I have a degree in economics and know about this trick. It just always hits me deep when I hear about how they borrow on their stocks as oppose to selling this to acquire liquidity its crazy!
It’s not a white or black thing but a wisdom thing. Let’s learn to be wise with all the resources God has placed in our hands.
It’s not resources. It’s knowing how to allocate money in a certain way within the system that benefits the investor versus the laborer. Knowing how certain programs work.
It kind of is in terms of *who’s* usually USING the information to their advantage. But of course anyone can use the information to better their life. 🙂
But I totally agree with you about being good stewards of the resources that God gives us. That is essential. When we show God that we can be trusted with a little then he allows us more and more to manage responsibly.
@Rene Chang huh? Money *IS* a resource.
I agree. Dislike when people make it a color thing
This is why EVERYBODY should join some network/group outside they’re comfort zone. You’ll find out things you never dreamed of, and apply it to your own life.
What are those networks/groups though for an example?
Such as ?
^ he means socialise/network with people from different backgrounds/class/race
@Big Fun Find organizations composed of people of a different CLASS than yours.
Find clubs composed of people of a different NATIONALITY than yours.
Find groups composed of people from a different AGE GROUP than yours.
Spend more time with those of a different RACE.
Yes. Agreed.
The biggest problem is you need money to make money. But most people use credit/debt to buy things which puts you behind and you fight just to break even.
That’s why the best way to use debt is buying assets with the debt. If it doesn’t return money back into your pocket and not a necessity, do you really want to become well off?
Right on
most *Americans use credit/dept
most people use cash.
Only for a house or a car would credit come into the situation in my country
Use that debit / credit card to create / fund a business. Live poor. Only live off the profits from the investment holding account
You need the access to the right information to built wealth
“Wealthy people don’t work for money. Wealthy people make money work for them.” Robert Kiyosaki.
Yes. Love the comment below and the channel. I grew up white and below the poverty line in Bayonne. I had to learn this on my own. No people I grew up with knew this. We all have more in common than we think.
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
Starting early is the best way of getting ahead to build wealth, investing remains a priority.
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.
@Tesei Jessica You are so correct. Save. Invest and spend for necessities and a few small luxuries relatives to total assets ratio
Stay invested, diversification for streams of incomes is very important And with the right skills and proper understanding of how the market works
Tommy Ten you guys are right Fx trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
I’m not sure how I got to this video but I’m so glad I did. This is a GAME CHANGER for me. Thank you so much for this amazing show.
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
There is no greater freedom than handing back the key to a airbnb apartment knowing someone else has to maintain it. If you enjoy renovating and decorating then perhaps home ownership is for you. For me, property is another way we get tied down
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@Chris eearls Do you mind sharing info on the adviser who assisted you?
@Faith Walter “Shannon Marie Walck” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Working with a financial expert could truly set you up for life. I’m delighted I was able to contact my coach Rodger Michael Karl earlier this year because while others were busy whining about the downturn I was busy cashing out from my portfolio, finally making over 370k only for the first quarter. of the year.
Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.
Rodger Michael Karl helped transformed my life, he has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge….
I just discovered his outstanding resume when I searched for his name on Google. I count it a blessing that I came across this comment section.
spam thread 🛑🛑🛑🛑
@Chris Hayes so weird how much the bots like talking to themselves 🤣😂
I read a report by Northwestern Mutual on the same topic and found that if I choose to put a lump sum into solid investments, I am more likely to have a higher balance over time. Being a novice at the time, I saw that as a queue to get into the market. That was quite the turning point in my finance.
How are you able to do it as I’ve also been trying my hands at investing but having made any headway. Just bare losses.
@SkypufferAs I said, I was a novice too just before I got to know an astute Investment Advisor, Herman W Jonas, who is guiding me through the process. I put in $30k as capital spread across stocks, index funds, etfs, and fx with his guidance and I’ve made a return of $103k within the trading span. I’m slowly but perfectly building my portfolio by putting money into the market at a consistent pace.
Quite true. From my experience, it’s about understanding the market and volatility, but that’s difficult to do without help and guidance. Going in blindly is like betting a pony against a horse in a race.
Compound interest dictates that even small sums of money can be turned into fortunes over time. That has been my case since I got working with Herman, providing me with the right investment choice.
I don’t make that much, but I sure do make enough. However, it will not be a bad idea to hear from a professional. Are there open slots for new investors?
You put out some valuable content. A little off topic maybe, but there’s this woman I got in touch with during the lockdown which cost me my job. Ms. Norman Davis helped me manage my assets by introducing my to the best investing platform and strategies, I earned a lot of $$$ working with Norman at the comfort of my home. I still keep in touch with the amazing lady
I run a mini food business in Paris which have been affected by food inflation and I needed a side hustle that could help me boost my small business, so I could give my employees better wages , I got in contact with Ms. Norman a month ago and my stories became testimonies… I wasn’t charged on my first investment with her. Yes, I received my first returns last week… I’m considering reinvesting
Norman gave me a wide option investing strategies, she introduced me to USD mutual funds in which I was able to earn interest with no anticipated downside risk. She made my April a remarkable month! Some people truly are God sent
Love and light from San Diego, I’m trying to create long term wealth to set towards property one day . How can i reach out to her? she could be of great help
the user handle is normandavis, you have to search for it.
After reading some of Robert kiyosaki’s books I was able to decide on what I want and went into Stocks Daytrading, this makes me 7 to 13% weekly of my investment and I have been growing gradually thanks to my trader who is an expert Sir Eric arlo, maybe this will help someone too
Thank you for bringing this comment up, it is practical ways like this to make more money that we need, I will love if you can connect me with your trader
Interesting and sounds very lucrative, I will like to take advantage of the opportunity
Arloeric1 @
That’s his Gmail above so you can easily reach him
I have made my fair share of wealth from the stock market and happy to share it with anyone, I retired with four million euros in my portfolio after 10 years of active investing
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I’m confused about the current market volatility, I’m a newbie and I’m open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success.
@sarah brown I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach’s-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential.
@farn that is a rather impressive feat. can you recommend this advisor who has helped you?
@jacob miller sure. Amanda Elizabeth Keller. I hope this helps. Trying times are ahead, and good personal financial management will be vital to weather the storm.
@farn thank you for this tip it was easy to find her on the web.