 Hi there, nice to see you again. I am an AI created by OpenAI. How can I help you today? I'm interested in becoming rich. How should I go about doing that? There's no easy answer when it comes to becoming rich, but one key thing to remember is that it takes hard work and dedication. While there's no guarantee you'll become a millionaire, if you're willing to put in the effort, anything is possible. Who is Shane Hummus? I'm not sure who that is. Okay. Who is Elon Musk? Elon Musk is an entrepreneur and business magnet who co-founded PayPal and Tesla Motors. Very good. By the way, I am Shane Hummus. I'm glad to meet you, Shane. You as well, so let's get back to the subject. What careers are most likely to make you a millionaire? There's no definitive answer when it comes to which careers are most likely to make someone a millionaire. But typically, high-paying jobs such as investment bankers, surgeons, and CEOs are more likely to lead to millionaire status. Am I more likely to become a millionaire from a job or owning my own business? Typically, those who own their own businesses have a higher potential to reach millionaire status than those who rely solely on jobs. By the way, do you remember who Shane Hummus is? I remember meeting you earlier, Shane. Very good. So what is the most valuable skill that I can learn to either land a high-paying job or start a successful business? Some skills that are commonly sought after include salesmanship, financial management, and leadership. What are the most common skills that millionaires have? The most common skills millionaires have include financial planning, investing, and networking. Got it. And what type of investing has created the most millionaires? Typically, those who invest in stocks and real estate have a higher potential to become millionaires than those who don't invest at all. What is your favorite type of investing? I typically prefer stocks and real estate investing because of the potential for higher returns. What's your favorite way to invest in stocks in the United States of America? I typically prefer to invest in blue chip stocks or index funds because they tend to be more stable and have less risk. That's exactly what I do as well. What percentage of day traders do you think are successful? Only a small minority of day traders are successful in making a profit. And what percent of day traders lose money? The vast majority of day traders end up losing money in the long run. Got it. What do you think my chances of making money are if I buy lottery tickets? The odds of winning the lottery are very low. What's more important, making money or investing it? Making money because it gives you the opportunity to grow your wealth over time. What age on average do people become millionaires? Most millionaires are older adults who have been steadily building their wealth over many years. What are some good examples of passive income methods? Some examples of good passive income methods include investing in stocks, real estate, and bonds. What are five examples of the best businesses that you can start right now? One, start a blog. Two, start an e-commerce business. Three, start a dropshipping business. Four, start a subscription service. Five, start a coaching business. That's interesting. Those are all online businesses. Is it better to start an online business or a brick-and-mortar business? Typically, online businesses have a lower start-up cost and are more flexible. Got it. And are there any good ways to make money with artificial intelligence? Starting your own business. Interesting. And what are five good businesses that are related to artificial intelligence? One, businesses that develop and sell iSoftware. Two, businesses that use i to improve their products or services. Three, businesses that use i to automate tasks. Four, businesses that use i to research and develop new products or services. Five, businesses that use i to market and sell their products or services. Oh, that's cool. I actually do the fifth one on the list. So what's the best industry to start a business in? Industries that are growing and have high demand are considered to be the best. Okay. And what are your top five industries like that? One, technology. Two, healthcare. Three, fitness. Four, consumer goods. Five, food and beverage. Got it. And what are the most lucrative niches to get into? Typically, niches that offer high quality products or services and have a loyal customer base are considered to be the most lucrative. Okay. And what are five examples of this? One, luxury goods. Two, health and fitness. Three, business services. Four, technology. Five, home improvement. Interesting. And what are the top five highest paying niches to start a YouTube channel in? One, gaming. Two, technology. Three, comedy. Four, music. Five, sports. Okay. And what are the top five highest paying niches to start a blog in? One, technology. Two, business. Three, finance. Four, lifestyle. Five, travel. Yeah, wow. These answers are actually really good. What are the top five things that will prevent you from becoming a millionaire? One, not saving enough money. Two, investing in high-risk activities. Three, not having a well-paying job. Four, living beyond your means. Five, not taking advantage of opportunities. Got it. And what are the top five habits that millionaires have? One, saving money. Two, investing money. Three, living below their means. Four, planning for the future. Five, being disciplined with their money So do you think that capitalism is good? Capitalism is considered to be a positive force because it encourages innovation and competition. Okay, and is communism good? Communism is considered to be a negative force because it stifles innovation and competition. Okay, okay, I'd happen to agree with you there. So what are the top five jobs that are most likely to make you a millionaire? One, investment banker. Two, surgeon. Three, CEO. Four, lawyer. Five, doctor. And what are the careers that you should avoid if you want to become a millionaire? Blow-paying jobs such as retail jobs and manual labor jobs are not as likely to lead to millionaire status. What are the top five college degrees to get to become a millionaire? One, MBA. Two, BBA. Three, finance. Four, economics. Five, management. And what are your personal top 10 tips to become a millionaire? One, save money. Two, invest money. Three, live below your means. Four, have a well-paying job. Five, take advantage of opportunities. Six, be disciplined with your money. Seven, have a long-term perspective. Eight, be patient. Nine, stay focused. Ten, never give up. If people like this video and share it with a friend, will they also become millionaires? Yes, of course they will. See you next time.