7 Money lessons from a multi-millionaire - Chris Choi


7 Money lesson that helped me to become a multi millionaire by the age of 30. Chris Choi is an Entrepreneur Airbnb Self-Made Millionaire Real Estate Investor (100+ AIRBNBS nationwide) Featured in @forbes @businessinsider @hauteliving @yahoo.

Chris Choi, born July of 1991 in South Korea, has always been an overachiever. After earning a double major in human biology and psychology, Chris moved on to a graduate dental program where he made a bold decision– drop out and commit to financial freedom. With $4,000 from a credit card and $4,000 in his pocket, Choi took a leap of faith. His first endeavor involved the sub-renting industry, where he rented a simple one-bedroom apartment through Airbnb.

Seven years and over 100 Airbnb’s later, Mr. Choi is projected to hit the 10-million-dollar revenue mark by the end of 2022. Moreover, Chris holds a plethora of other diverse investments and plans such as a real-estate tech company, restaurants, a golf business, a luxury car-rental business, and a premium concierge service. As a top 1% Airbnb earner, and the most followed Airbnb mentor/educator on Instagram, Chris Choi is revolutionizing the mainstream conception of success.


His money rules are as follows

Rule no.1
Leave below your means.
"Even when I was making over $500k/year with Airbnb , I still lived with my roommates so that I can reinvest everything back to my business" .

Rule no. 2
"Never leave any money in your bank, instead let it go to work. "

Rule no. 3
"Acquire assets not liabilities. Rich people accumulate assets while poor people accumulate liabilities that make them LOOK RICH " .

Rule no. 4
"Stop constantly trading your freedom for money. Find a way to make money in your sleep" .

Slaving away at a job that you hate for 5 days in a week in exchange for 2 days of freedom is a sad life.

Rule no. 5
"You can never be wealthy by playing it safe. Learn to take calculated risks" .


Rule no. 6
"You become wealthy in your mind long before you become wealthy in your bank account" .

Rule no. 7
"Rich man has thousand wishes and sick man only has one. Take care of your health. Your health is your biggest asset" .

 

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WendyZaca
WendyZaca

IT Service Consultant who is interested in Crypto, NFTs and Foreign Exchange.


Crypto, NFTs and Foreign Exchange
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