The 5 Stages of Making Money as a Man (watch or stay poor)

Summary

This video outlines the five stages of income progression for men, starting from basic jobs (Tier 1) to running a successful business (Tier 5). It discusses each stage in detail, including how to transition between them, with an emphasis on acquiring skills and starting side hustles. The video encourages viewers to strive for financial growth through skill development, career advancements, and entrepreneurship. It also highlights the importance of sales and communication skills, especially for those aiming to build a business and reach higher income levels.

Takeaways

• 💼 **Stage One: Job** - You're making tier one income, stuck in a job with limited growth potential, often involving unskilled labor.
• 💰 **Financial Struggles** - In stage one, thousands of dollars feel like a lot, and there's constant financial stress with no real security.
• 🚀 **Escaping Stage One** - The mindset should be to quickly move out of this stage by cutting unnecessary spending and investing in opportunities for advancement.
• 🛠️ **Stage Two: Career Money** - Here, you're in a career that allows for tier two income, with potential to reach tier three or even four in rare cases.
• 💹 **Career Impact** - A career job can significantly change your financial situation, providing stability and the ability to save and invest.
• 💬 **Dating and Career** - A career job can improve dating prospects as it signals ambition and potential for growth, making one more attractive to potential partners.
• 🔧 **Stage Three: Skill Acquisition** - This is a critical but often skipped stage where you acquire the skills necessary to start your own business.
• 📈 **Growth Through Learning** - Continuous learning and skill acquisition are essential to move from a side hustle to a full-fledged business.
• 🔗 **Stage Four: Side Hustle** - Starting a side hustle while working a day job can lead to tier two or three income, and eventually to a business.
• 🌐 **Digital Side Hustles** - It's advisable to start with digital services for side hustles due to lower costs and easier scalability.
• 🏢 **Stage Five: Legit Business** - A legitimate business can generate tier four or five income, with no upper limit on earnings.
• 📊 **Scaling a Business** - Once you reach tier four income, you can scale your business through systems, hiring, or raising prices to command a premium.
• 💌 **Sales as a Skill** - Sales is a critical skill for success in any stage, from dating to business growth.

Q & A

What are the five tiers of making money described in the video?

The five tiers of making money described in the video range from having a basic job (tier 1) to running a legit business (tier 5). Each stage represents a progression in financial independence and earning potential.

What is considered a 'stage one' job, and why is it a trap?

A 'stage one' job is characterized as unskilled labor or low-paying work, such as retail, valet, or moving jobs. It’s a trap because it provides just enough income to get by but never enough for financial security or growth.

How does reaching 'stage two' (career money) change a person's life?

Reaching stage two means getting a career job with a skill, which allows someone to earn more income, feel more financially secure, and gain confidence. The speaker mentions that this stage significantly improved his lifestyle, allowing him to save money, buy a car, and attract more serious attention from potential partners.

What mindset is required to move from stage one to stage two?

To move from stage one to stage two, a person needs to focus on acquiring a valuable skill. They should cut unnecessary spending and invest in education or training to qualify for better-paying career opportunities.

What skill does the speaker recommend for those looking to advance to stage two?

The speaker recommends learning sales, as it is a valuable skill that pays well and can help in other areas, such as communication and starting a business later on.

Why is skill acquisition (stage three) so crucial for starting a business?

Skill acquisition is crucial because without a high-demand skill, a person cannot run a successful business. The speaker emphasizes that jumping into business without a skill will not lead to financial success.

What was the speaker’s first side hustle, and how did it contribute to his success?

The speaker’s first side hustle was self-publishing eBooks on Amazon. This side hustle eventually generated $2,000 to $4,000 per month and combined skills he had developed, such as sales and personal training knowledge.

How does a side hustle differ from a legit business (stage five)?

A side hustle operates on a small scale, often generating tier one to tier three income, while a legit business reaches tier four or five income, allowing for scalability, paid advertising, and potentially hiring others to handle work.

What is the importance of sales and communication skills in reaching higher income tiers?

Sales and communication skills are crucial in every stage of financial progression because they help attract clients, close deals, and create growth opportunities, whether in a side hustle or a business.

What advice does the speaker give to people who are introverted and struggle with communication?

The speaker acknowledges that introverts may struggle with communication and sales but emphasizes the importance of learning these skills. He suggests watching related content and practicing techniques to improve.

Outlines

00:00

🧗 Moving Through the Five Stages of Income

This paragraph introduces the concept of the five tiers of making money as a man. The speaker encourages viewers to identify which tier they are currently in and which tier they would like to reach. The stages represent a progression in financial and career success, starting from a basic job to building a business. The speaker shares his own experience of starting at a low-paying valet job and emphasizes that every person, rich or poor, has gone through these stages.

05:02

💼 Breaking Free from Stage One

This section discusses Stage One, where people work unskilled jobs that cap their income at the lowest tier. The speaker recounts his own experience working at a restaurant as a valet and doing other low-paying jobs. He explains that while these jobs provide just enough to get by, they trap workers in a cycle of financial instability, limiting their ability to build wealth or security. The key message is that to move beyond this stage, one must invest in skills and opportunities that will allow for advancement to higher stages.

10:04

🚀 Career Growth and Stage Two Success

Stage Two is all about securing a career that enables one to earn tier two income or higher. The speaker shares how his first career as a software engineer, making $60,000 a year, transformed his financial situation. With this income, he was able to save money, buy a car, and attract more high-value partners. The speaker advises that while social media often promotes entrepreneurship as the only path to success, building a solid career with valuable skills is a legitimate and rewarding route.

🏗️ Skill Acquisition: The Key to Stage Three

In Stage Three, the focus shifts to skill acquisition, which the speaker says is essential for those looking to start their own business. This stage can be frustrating because it doesn't directly result in income, but it lays the foundation for future success. The speaker emphasizes that skipping this stage often leads to failure. He shares his own journey of acquiring skills in personal training, sales, and video editing while working his software job. These skills later helped him transition to a successful career in personal training and, eventually, entrepreneurship.

💻 Starting a Side Hustle

Stage Four is when the individual begins a side hustle, often while still working a full-time job. The speaker explains that side hustles start small but can grow into something more significant. He shares his first successful side hustle: writing and publishing eBooks on Amazon. He encourages viewers to start with digital products or services to avoid high startup costs and other barriers. The speaker also suggests that video editing is a promising side hustle in 2024, given the high demand for content creation.

🏢 Building a Legitimate Business

Stage Five is the transition from side hustle to a legitimate business that can generate tier four or tier five income. The speaker explains that a business becomes legitimate when it makes over $80,000 a year. He shares the story of his clothing brand, Edge Lifestyle, which began as a side hustle and later scaled into a million-dollar business. The key to growth, he says, is developing systems, hiring people, and leveraging skills like sales and marketing. He encourages viewers to follow the same predictable system to move from one tier to the next.

Keywords

💡Stage One

Stage One refers to the initial phase of making money where a person has a basic job, typically unskilled labor, that anyone can do. These jobs provide limited income and no potential for financial security, such as working in retail or doing manual labor. In the video, the speaker uses examples like valet parking and retail work to illustrate how Stage One jobs trap people in a cycle of just getting by.

💡Stage Two

Stage Two involves a career job that provides a higher, more stable income and opens doors to professional growth. These jobs require some level of skill, and can lead to financial comfort, allowing individuals to save money and improve their lifestyle. The speaker mentions his first job as a software engineer making $60,000 per year as an example of reaching Stage Two, noting how it gave him confidence and opportunities in both his personal and professional life.

💡Skill Acquisition

Skill acquisition is the process of learning valuable skills that are essential for advancing in both careers and entrepreneurship. The speaker emphasizes the importance of developing skills like coding, personal training, and sales as prerequisites for moving out of low-paying jobs or starting a business. Without acquiring high-demand skills, individuals remain stuck in Stage One or Two.

💡Side Hustle

A side hustle is a small-scale business or activity that a person starts while still maintaining a primary job or career. It allows individuals to earn extra income and test out business ideas without quitting their main job. The speaker talks about his experience with self-publishing eBooks on Amazon as his first successful side hustle, which later grew into a full-fledged business.

💡Career Money

Career money refers to the income generated from working in a skilled profession, typically higher than what can be earned in unskilled jobs. This type of income allows individuals to save, invest, and afford luxuries that weren't possible in lower stages of earning. The speaker highlights how earning career money gave him the financial freedom to go on trips, buy a car, and attract more desirable dating prospects.

💡Sales

Sales is highlighted as a critical skill for both advancing in a career and for running a successful business. The speaker discusses how learning sales helped him make money as a personal trainer and later apply these skills to selling his products and services. He recommends sales as a career path because it not only offers high earnings potential but also builds essential communication skills.

💡Financial Security

Financial security refers to a state where a person has enough income or savings to comfortably meet their financial obligations and reduce stress about money. In the video, moving from Stage One to Stage Two jobs is framed as a way to achieve financial security, with Stage One being described as a trap where a person can only earn enough to get by without ever feeling secure.

💡Unskilled Labor

Unskilled labor refers to jobs that require little to no specialized training or education, often paying low wages and offering limited growth potential. The speaker refers to these jobs as part of Stage One, such as retail work or manual labor, and stresses that staying in unskilled positions limits a person's financial and personal growth.

💡Tiered Income

The concept of tiered income is used to explain the different levels of earning potential a person can achieve, based on the job or business stage they are in. The speaker outlines five tiers, starting from basic Stage One jobs that provide minimal income to high-level entrepreneurship in Stage Five, where there is no income ceiling. Each stage of progression corresponds to a higher income tier.

💡Entrepreneurship

Entrepreneurship is presented as the ultimate goal for those who want to maximize their income and control their professional destiny. The speaker explains that starting a business requires skills and experience, and it typically begins as a side hustle before scaling into a full-fledged enterprise. Entrepreneurship is tied to the later stages of income growth, where individuals can reach Tier Four and Tier Five income levels.

Highlights

There are five tiers of making money as a man, with progression required through each stage.

Stage one is having a job where income is limited, and most people begin here. Examples include valet jobs, retail, and other unskilled labor.

Every millionaire has gone through stage one, which is essential, but it is important to move out of this stage as soon as possible.

Stage two involves having a career where more money can be earned, like the speaker’s software engineering job, which paid $60k per year.

With a career in stage two, financial stress is reduced, confidence increases, and more opportunities open up in personal life and dating.

Some people may prefer to stay in stage two for stability, learning a valuable skill and getting paid by others rather than running their own business.

Stage three is skill acquisition. It's necessary to learn new skills in order to advance beyond stage two and possibly start your own business.

Learning sales is crucial in stage three for personal trainers or business owners, as it directly impacts income potential.

Developing skills in video editing, personal training, or coding can provide a foundation for starting a business.

Stage four is starting a side hustle while maintaining a job or career, which could eventually lead to full-time self-employment.

Examples of side hustles include self-publishing eBooks or offering video editing services.

Starting a digital service side hustle, like video editing, is more affordable than selling physical products, which require higher costs.

Stage five is turning a side hustle into a legitimate business, which can generate tier four or five income.

Scaling a business requires proof of concept, creating systems, and hiring employees to manage growth.

The progression through the stages is systematic, and learning sales and communication skills is key to succeeding at each stage.

Transcripts

little bit of a different setting here

at the Airbnb in Marb let's get it look

there are five tiers of making money as

a man you can see them visually on the

screen now I want you to identify

looking at them now what tier are you

currently in and where would you like to

be because in this video we're going to

take a look at the different stages you

must progress through in order to reach

that top tier so regardless of where you

are now you will know exactly what needs

to be done in order to make that jump to

the next level stage one I got a job so

if you're in this stage right now you're

only capable of making tier one income

nothing above that is going to be

possible that being said every

millionaire that you know and every poor

person that you know as well has

experienced the stage we all have to go

through it so for example I used to work

a stage one job as a valet working for

restaurants in downtown Boston parking

the customer cars and I think I made

like $4 an hour which is [ __ ] but there

were good tips like some nights I'd come

home with1 or

$250 in cash in my pocket and that felt

good when you're in stage one thousands

of dollar feels like a lot of money like

if I told you I was going to deposit

$3,000 into your bank account right now

and you're in stage one that's a game

Cher for you that's a big day some other

stage one jobs I've done in the past

include working a retail job at a

sporting goods store selling people

tennis shoes and also doing moving jobs

you know moving furniture and [ __ ]

around and the issue with these types of

jobs is that they are a [ __ ] trap

you're only making enough money to keep

getting by of course you have to keep

making that money you won't be able to

pay your paychecks but you're never

making enough to

truly exhale and have security at that

point I had naturally lower confidence

with women because I know they wanted a

guy making more money than me I also

didn't even have enough to take them out

on dates really and just in general I

had lower self-esteem at that points

because I felt less than other guys that

were making more than me I want you to

think of this basically as unskilled

labor you're working a job that anyone

else can do but that's not always the

case because maybe you're a personal

trainer and even you're quite skilled

but you're working for a local gym where

you're only able to earn you know $25

per hour even if you're really good in

that environment you're still going to

be stuck in stage one if you're here

right now the mindset needs to be moving

out of this stage as fast as humanly

possible I would basically cut all of

your spending that is not 100% necessary

and only invest into opportunities help

you advance to the next stages stage two

career money so if you're in this stage

you're working a career that allows you

to reach tier 2 income and in most cases

you can advance to tier three income and

in some rare cases you can even get to

tier four for myself this is when I

landed my first career job as a software

engineer making around 60k per year was

the starting salary I had and bro

immediately this changed my life even

after a few months I was saving up

thousands and thousands of dollars in my

bank account for the first first time

ever and it felt good man no longer was

I constantly stressed about finances I

had money to go on trips when I wanted

to [ __ ] that's when I bought my first

car and with my dating life this is when

I finally unlocked access to like truly

attractive women because when you have a

stage to Career they're actually going

to [ __ ] take you seriously now yeah

from a girls perspective this is

literally the first question we ask on a

first date what do you do for work and

if he has a stage one job he's working

at a coffee shop or a Target like it's

not very attractive because there's

nowhere to go from there you're not

going to be making a lot of money she's

not going to feel super secure and safe

with you but if you have a career job

immediately she starts like playing her

mind like oh he's on a mission he can

work his way up and make more money he's

a high value man and is just way more

attractive yeah and in 2024 I think a

lot of men are getting this message from

the internet and social media that if

I'm not running my own business then I'm

not a high value man but if we're being

real some of us prefer to learn a skill

and then to get paid by somebody else to

do that skill well some of us value

having that structure it just feels

helpful for us and we're not interested

right now in having the additional

stress and responsibility of creating

and managing a business but you got to

have a skill to get to stage two without

a valuable skill you're always going to

be stuck in stage one now one career I

recommend to many guys is sales because

it's a valuable skill that will help you

down the line if you do start a business

it can also be one of the highest paying

careers and it helps you level up your

communication skills which is crucial

for dating so if you're currently

working a stage one job and you want to

advance to a stage two career a quick

and affordable way to make that happen

without any prior experience or college

degree is with course careers the

sponsor of today's video basically the

way it works is you go through an online

course that teaches you everything

required in order to land your first

entry-level position in that career for

example one of their recent graduates is

Josh he was a 21-year-old Dropout

working at Target then he took the

course careers technology sales course

that allowed him to get hired by a large

Healthcare technology company making 70k

per year and within 1 year he was

promoted and is now making over 100k a

year working fully remotely so if you

want to check that out you can click the

first link in description to go to

course careers you can see the different

courses that they offer and start one of

their completely free intro courses

today click that link check it out now

before we advance to stage three I want

you to think of stages 1 and two being

connected and then separately stages

three 4 and five being linked together

as well they're kind of separate from

each other but at the same time they're

not you see stages 3 4 and five are for

men who right now feel the next correct

step is to start their own business for

me this happened about 1 year after

working that software engineering job I

just got this itch that I wanted to

create my own path I wanted to start

doing my own thing versus being paid by

someone else even if it meant that at

first I made less money that's just what

I wanted to do so for those of you who

feel the same way maybe you're working a

stage two career like I was maybe you're

still working a stage one job but you

want to make that leap well you can it's

possible but only if you implement the

next stages in this exact order there

are no shortcuts here stage three skill

acquisition so this stage is probably

the most frustrating one because you're

not going to make any money directly in

stage three because of that a lot of

guys try and skip this and go right to

stage four I tried to skip it at first

but it doesn't [ __ ] work if you want

to have your own business it must be

done so look in order to land that

career as a software engineer I had to

First have the skill of knowing how to

code as we explored without a high

demand skill you will never make more

than tier one income a business owner is

never going to pay you any real money

well guess what in order to start your

own business you better [ __ ] have a

skill as well or else what's the

business going to be bro for me while I

was working the software job I learned

the skill of personal training I bought

the nasm textbook I studied it I took

online courses and then I passed the

test to get my certification that was a

process that took several months there's

a lot of dudes out there that just want

to be a personal trainer without

actually developing the skill they just

think oh I work out and go to the gym so

I can be a personal trainer anyway once

I got that certification I quit my

career in software and I transitioned to

another career really in personal

training I was working for a gym working

for someone else and during that career

I had to push myself to learn the skill

of sales I had to approach gym members

and sell them on personal training with

me so what did I do well at first I just

fell flat on my face and I was kind of

awkward about it then I realized I had

to develop the skills so I started

reading all of these different sales

books and psychology books I started

testing and implementing different

techniques until I was able to make

consistent sales a lot of personal

trainers out there they have the

knowledge and they can train a client

very well but they never learned how to

sell so they never make any money and

also during that time I knew that

eventually I wanted to try YouTube so I

started learning the skill of video

editing I bought some different online

courses and started editing videos I

also bought several online courses from

Big YouTube creators at the time that

taught me the different aspects of

YouTube from thumbnail creation to SEO

to creating the proper video structure

and understanding the different metrics

it's also a skill that I had to acquire

if you want to get to your own business

you have to be like a [ __ ] sponge I

was like a sponge for three or four

years absorbing any information that I

could taking as many courses that I

could and just trying just trying to

learn the skills so my challenge for you

right now I want you to drop a comment

below the video think about what is the

business that you would like to start

and then identify what is the first

skill that you must acquire in order to

make that a reality comment below the

video the business you want to start and

the skill that you're going to start

learning now stage four the side hustle

so when you first start a side hustle

you'll be in tier one income but you can

progress to tier 2 and to tier three

even once you get beyond that it's time

to move to the next stage now it's going

to make sense to begin your side hustle

while you're still working your stage

one job or your stage two career and the

mindset that I had at this point was all

right I'm ready to try and make some

money on my own let's see what we can do

and hopefully in the somewhat near

future I can make enough that I'm able

to quit my job but if you're in a spot

where you just need to make some extra

cash right now this is not this is not

the path for you it's going to take at

least 3 to 6 months to even start

building a little bit of your own income

and the basic idea of a side hustle I

want you to think of it as you're going

to start your own business just on a

very small minimal scale like the

smallest business possible my first side

hustle that actually made any money was

self-publishing eBooks on amazon.com the

first book I wrote was called The Book

of alpha 30 rules I followed to

radically enhance my confidence Charisma

productivity success in life what a

[ __ ] Banger

man what a [ __ ] Banger man and this

was really a combination of the skills I

developed up until that point sales you

know a book is basically selling other

people on your ideas everything I

learned from personal training allowed

me to make more clear instructions

people could follow not to mention the

years leading up to that I had pushed

myself through a lot of rejection to

build the skill of talking to women with

confidence and after about 6 months I'd

published four or five books and I was

starting to make anywhere from $2,000 to

$4,000 per month from that Amazon side

hustle a different side side hustle that

I see a lot of guys having success with

in 2024 is video editing there's so many

people trying to create their own

content right now and every content

creator at least most of them they're

hiring editors to do the work for them

or at least to take their long form

content and to make it into these

digestible you know vertical videos that

can go on Instagram or YouTube shorts

and one very important piece of advice

for your first side hustle please please

please please start with something

digital like a service that you're

providing or some coaching or something

a lot of people want to create a

physical product and sell that what you

might not realize is that takes

significantly more expenses you also

have to warehouse and ship the orders

it's hard to make that profitable versus

an online service stage five a legit

business so a legit business will make

you tier four or tier five income and

Beyond there's no [ __ ] ceiling on a

business however if right now you think

that you have a business but you're

making below tier four well I hate to

tell you bro that that's not a business

in my guys that's still some type of

side Hustle but once you reach tier four

once you're making 80k per year for

yourself well now you have this proof of

concept whatever you're doing it can be

scaled from there you can either create

systems and hire people that allow you

to reach more and more clients making

more and more money or maybe you don't

maybe you just raise your price and you

charge the few clients you're working

with a much higher premium because now

you're that top tier dude and you can

command that price so for example when I

started my clothing brand Edge light

lifestyle which by the way we got a a

new collection coming next week the

shirt I'm rocking right now the shadow

tea dropping in black cream Olive and

gray it's got this premium texture that

elevates it over basic teas we're also

bringing back our light blue premium

denim jeans that sold out in minutes

last time Perfect Fit not too baggy not

too tight and also restocking our

essential tea that just enhances your

physique and also our movement joggers

my go-to everyday pants that's coming

next Monday you can click the second

link in description to get early access

to that drop but Ed lifestyle like every

other business I started it was a side

hustle at first the first three or four

drops that we did we had all the clothes

lied out in our apartment in downtown

Boston taking up the whole apartment and

we packaged and shipped those one by one

ourselves and they kept selling out we

started with like 400 units then we did

800 and I think the last one we did from

the apartment was 1,600 units all of

them selling out within a couple weeks

well at that point I had the proof of

concept and I was able to move it from a

side hustle to a business the first

thing I did was I found a fulfillment

Warehouse where now we ship our clothing

to them instead of to to our apartment

or to our house and they handle

receiving organizing and shipping out

the orders as they come of course I pay

them quite a bit to do that but it

allows us to scale the business and

reach far more customers then we got

into paid advertising and I'm willing to

bet that a lot of y'all have seen our

ads yourself on Facebook or Instagram

and that allows us to acquire more

customers of course we're paying to

acquire those customers we're not making

as much of a profit at least on that

first order but by creating the right

content that effectively sells these

clothing items again everything goes

back to that skill of sales we're able

to leverage all of this to continually

grow the business year after year after

year the first year we probably made

about 100K but very quickly from there

within just two or 3 years we surpassed

1 million per year and have continued to

grow if you become a top tier video

editor you're going to start to have a

lot of Demands from your clients and

they're going to refer you to other

clients because your work is so good and

at that point you can start to hire

different video editors to work

underneath you and now you've scaled and

it's gone from a side hustle to a

business the points here bro is that

there's a [ __ ] method to the madness

there is a predictable system you can

follow by going through the stages we

explored in this video that will allow

you to go from wherever you're at now to

wherever you want to get to it's not

going to be easy it's not going to

happen next week it's going to require

learning some new skills it's going to

require failing trying new things and

continuing to not give up and to Pivot

but there's more and more new

millionaires every single year the proof

is in the pudding it's [ __ ] possible

I've done it countless of my friends

have done it as well and you could be

the next one now as we mentioned many

times in this video being able to

effectively communicate and sell is

probably the number one skill you need

to learn as a man that being said I know

that a lot of y'all are introverts and

you can struggle with that naturally and

that's why you need to watch this video

next it is about how to be silen

attractive 12 cheat codes for introverts

click there to watch that now if you're

new to the channel click down there to

subscribe is I release two new videos

every single week you don't want to miss

them I'll talk to you in the next video

Stay beastly