The Surprising Truth About Wealth in New York City: How Appearances Can Be Deceiving and Judgment Can Mislead.
New York millionaires share their advice on making $1,000,000 while revealing their careers and businesses to afford the high cost of living in the city.
00:00:00 New Yorkers reveal their various careers and businesses in order to afford the high cost of living in New York City. Making a million dollars before 30 is just the beginning of success.
💰 New York is an expensive city, and we interviewed New Yorkers about how they afford it.
🏢 We spoke to individuals who work in various industries, such as ship owning and importing limestone.
📈 Achieving financial success is subjective and varies from person to person.
00:00:56 New York millionaires share their advice on making $1,000,000. Work hard, grind, and strive for success. Selling Farmland and working in North America's kitchenware industry are lucrative careers.
💰 Finance is about taking people's money and trying to give them more money back.
⏰ Working hard and putting in long hours is crucial for success in certain careers.
🌽 Selling farmland can be a lucrative career.
🔪 The interviewee works for a company that designs and manufactures kitchenware products, specifically known for their cutting boards.
📈 Moving up in one's career requires hard work and the ability to advance through different departments.
00:01:49 Exploring the lives of everyday New Yorkers while trying to learn how to make a million dollars in the city.
💰 Despite facing rejections from the wealthy, the non-millionaires in New York City had inspiring stories of starting small and working their way up.
🌆 Living in New York City on a limited budget meant making sacrifices, such as living in a small apartment and earning a lower salary.
👥 Different individuals in New York City had various occupations, including business development, horticulture, and recruitment, with salaries ranging from 34k to six figures.
00:02:52 A video about how to make $1,000,000 in New York, featuring a review of a financial platform.
💰 Getting a credit line of $100,000 without a credit check is one of the top reasons to love ramp.com.
💳 Ability to issue virtual cards instantly for booking hotels, flights, and room service is another great feature of ramp.com.
📊 Ramp.com automatically categorizes all expenses, providing a clear overview of where the money is being spent.
00:03:41 New Yorkers share advice for success in NYC tech and finance industries, emphasizing the importance of taking risks and pushing oneself.
💼 Tech salaries in New York can range from $80,000 to upwards of $400,000 per year, depending on the job and company.
🏙️ Advice for newcomers to New York includes being open to living in different situations, taking risks, and trying new things to succeed in the city.
💰 In New York, it is important to be willing to take whatever job comes your way and not play it safe if you want to thrive.
00:04:37 Asking New York residents about their careers and salaries. From finance to law to music, discover the earning potential in the Big Apple.
💼 The average salary for someone starting out in asset management is around 95k.
💰 The Department of Education manages a budget of about six billion dollars for special education finance.
⚖️ Lawyers in New York can make anywhere from 50,000 to six figures, depending on their field.
🎵 A composer in New York creates music for TV shows.
00:05:34 Asking New York Millionaires How To Make $1,000,000
💰 The video discusses the income disparity between top composers and streaming royalties.
🌿 A healthcare consultant in New York talks about their career in the medical marijuana industry.
💼 The importance of hard work and opportunities in various industries in New York City is highlighted.
00:06:34 Discovering the Surprising Truth About Wealth in New York City: How Appearances Can Be Deceiving and Judgment Can Mislead
💰 Dressing well doesn't always indicate wealth, and wealthy people may not dress well.
🗽 New York has a diverse range of people, and they have interesting perspectives on success.
👔 The common theme among the people interviewed is the importance of perseverance and continuous effort.
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