In this episode, Neil and Eric look closely at the difference between how millionaires think and how billionaires think. They explain that the way a person handles business changes completely as they get richer. They break it down into three specific levels to show how the strategy evolves:
First, they talk about Millionaires. The goal for this group is usually to build a business, make it grow, and then sell it to someone else (“exit”) to get the cash.
Second, they look at Deca-millionaires. These are people with tens of millions of dollars. Their strategy is often to sell their companies and put the money in the bank to keep it safe until they find the next big cycle or opportunity.
