Go offline with the Player FM app!
The Truth About the Wealth Pyramid: Why $10M Is Freedom, $100M Is Power, and $1B Is Legacy
Manage episode 520065080 series 3306822
What’s the difference between a $10m, $100m, and $1b lifestyle? Sam Parr, founder of Hampton, asked this question in his community to determine how people live and feel at various liquid asset milestones. In this episode, I examine the participants' responses and their implications for doctors seeking to build wealth.
We examine how wealth levels impact lifestyle choices, financial security, and personal fulfillment. We’ll also talk about the importance of cash flow over net worth, the concept of 'memory dividends,' and why focusing on health, family, philanthropy, and community is critical at all levels of wealth.
“There's a problem with too little money, but there's also a problem with too much money.” ~ Dr. Vikram Raya
In This Episode:
- Sam Parr’s levels of wealth explained
- Challenges the rich face beyond $100 Million
- Key takeaways and reflections
Mentioned in the Episode:
Sam Parr’s Survey Results: https://www.linkedin.com/posts/parrsam_whats-the-difference-between-a-10m-100m-activity-7375696533427519488-t1oC
Resources:
➡️ Free community of high-performing physicians: the Physician Wealth Accelerator - https://limitless-md.mn.co/
➡️ Check out my programs - https://vikramraya.com/coaching/
➡️ Apply to become a Limitless MD - www.I8mastermind.com
➡️Claim Your Free 30-minute discovery call and $500 off your engagement with Hall CPA: go.therealestatecpa.com/limitless
Connect with Vikram:
Website: https://vikramraya.com/
Instagram: https://www.instagram.com/vikramraya/
Facebook: https://www.facebook.com/Vikramrayamd
LinkedIn:https://www.linkedin.com/in/vikramraya/
YouTube: https://www.youtube.com/channel/UCdq9M-kD0L2hy1UlfOK-hwQ
Special Thank You to Music Provided by Music Library: https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free
234 episodes
Manage episode 520065080 series 3306822
What’s the difference between a $10m, $100m, and $1b lifestyle? Sam Parr, founder of Hampton, asked this question in his community to determine how people live and feel at various liquid asset milestones. In this episode, I examine the participants' responses and their implications for doctors seeking to build wealth.
We examine how wealth levels impact lifestyle choices, financial security, and personal fulfillment. We’ll also talk about the importance of cash flow over net worth, the concept of 'memory dividends,' and why focusing on health, family, philanthropy, and community is critical at all levels of wealth.
“There's a problem with too little money, but there's also a problem with too much money.” ~ Dr. Vikram Raya
In This Episode:
- Sam Parr’s levels of wealth explained
- Challenges the rich face beyond $100 Million
- Key takeaways and reflections
Mentioned in the Episode:
Sam Parr’s Survey Results: https://www.linkedin.com/posts/parrsam_whats-the-difference-between-a-10m-100m-activity-7375696533427519488-t1oC
Resources:
➡️ Free community of high-performing physicians: the Physician Wealth Accelerator - https://limitless-md.mn.co/
➡️ Check out my programs - https://vikramraya.com/coaching/
➡️ Apply to become a Limitless MD - www.I8mastermind.com
➡️Claim Your Free 30-minute discovery call and $500 off your engagement with Hall CPA: go.therealestatecpa.com/limitless
Connect with Vikram:
Website: https://vikramraya.com/
Instagram: https://www.instagram.com/vikramraya/
Facebook: https://www.facebook.com/Vikramrayamd
LinkedIn:https://www.linkedin.com/in/vikramraya/
YouTube: https://www.youtube.com/channel/UCdq9M-kD0L2hy1UlfOK-hwQ
Special Thank You to Music Provided by Music Library: https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free
234 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.