Episode #634 - The Importance Of A High-End Skill with Joel Yi, CEO at Joel Yi LLC

In this episode of the Million Dollar Mastermind podcast, Host Larry Weidel is joined by Joel Yi, CEO at Joel Yi LLC. They delve into attaining financial independence and success. They discuss the detriments of being constrained to the thoughts of a small salary, the importance of obtaining a high-end skill, and when the best time is to kickstart your own business as an intending entrepreneur.

Key highlights include:

Don't limit yourself to the constraints of a small salary, think big. Joel emphasizes the importance of having a bigger goal, when you limit yourself to a certain range, that's all you will ever amount to.
To be a successful entrepreneur, you need to learn a high-end skill. Joel elaborates on how he came to the decision of learning a skill that would afford him the ability to not just pay for his bills, but generate wealth for himself. Most entrepreneurs lack the initiative to get high-end skills, and as such lack the ability to make more money.
When you have reached the pinnacle of your company's job chain, it's advisable to leave and seek other challenges. Joel mentions that the right time to move on from your present job is when you don't have a new peak to attain as a result of achieving everything. That might be the best time to open your own business as you would have learned everything you need to as a result of your progress in moving up the chain.

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