EP. 74 - Millionaire Humphrey Yang on How to Get Rich in 2024 [VIDEO‪]‬ The Karat Podcast

Subscribe to our creator economy newsletter at https://news.trykarat.com!

@humphrey became a millionaire by working normal jobs - and saving money - before taking giant risks like starting his own business and YouTube channel. Today - he shares how to beat the system and follow his footsteps.

----------------------
Follow Karat at
https://www.instagram.com/trykarat/Available now on Spotify

Follow Eric at
https://www.instagram.com/erictway/

Follow Humphrey Yang at
@humphrey
https://www.instagram.com/humphreytalks/

----------------------
Timestamps:
0:00 - Intro
1:39 - Gen Z trusts Humphrey more than Warren Buffet
2:59 - Entrepreneur vs YouTuber
3:39 - He had his own business at a 9yrs old
6:33 - A boomer's perception of wealth
11:05 - How much is Humphrey net worth?
11:32 - Financial creators don't talk about this
13:47 - The secret to get 1M followers on TikTok
15:08 - The habit that's keeping millennials "poor"
16:47 - Why financial creators won't post their losses
18:39 - Humphrey breaks down his portfolio
25:34 - Middle class DOSEN'T exist anymore
28:27 - Humphrey's earnings in GameStop 2021
31:29 - They best way to get a higher salary
35:26 - Do this trick to get a pay raise early in your career
38:09 - Running a meme page on the side
40:54 - Humphrey made 6-figures selling posters
47:34 - Good gamers = successful entrepreneurs
51:38 - What Humphrey is investing in next
52:25 - Things we should unlearn
53:27 - Chasing views is never a good mindset
55:08 - The Humphrey "Brand"
57:41 - When to use clickbait
59:56 - Why SVB failed?
1:05:48 - Meeting viewers IRL
1:06:31 - Making the move from financial to life advise content
1:08:20 - How often Humphrey meditates
1:12:01 - outro