---
title: 'The Fastest Way to Get Rich (Without a Degree)'
source: 'https://youtube.com/watch?v=mwYsapR6cYk'
video_id: 'mwYsapR6cYk'
date: 2026-07-12
duration_sec: 958
---

# The Fastest Way to Get Rich (Without a Degree)

> Source: [The Fastest Way to Get Rich (Without a Degree)](https://youtube.com/watch?v=mwYsapR6cYk)

## Summary

The video contrasts the traditional career path of studying, getting a nine-to-five job, and earning an average salary with a faster, alternative route to financial freedom. The speaker, who became a millionaire in his 20s, outlines a three-step process: consume knowledge on a high-income skill, apply it through practice, and scale by building a business or creating educational products.

### Key Points

- **The Old vs. New Route** [00:00] — The traditional path (school, exams, nine-to-five) yields an average of $63,795/year. The new route offers faster wealth building.
- **Step One: Consume** [02:19] — Consume knowledge on a high-income skill (e.g., high ticket sales, web design, coding). Find trustworthy experts, take notes, and engage with communities.
- **Shortform Guides** [05:08] — The speaker recommends Shortform for book summaries, especially for dyslexic readers. Example: 'The Intelligent Investor'.
- **Step Two: Apply** [05:35] — Apply what you consume through practice. Give yourself permission to fail. Aim to get five clients paying $2,000/month for your service.
- **Step Three: Scale** [07:38] — Turn your high-income skill into a business by systematizing tasks and hiring others. Example: a video editor who split tasks into time stamper, text editor, and poster.
- **Education Products** [09:01] — Create courses, subscriptions, or communities. The education industry is booming. Platforms like Kajabi handle hosting, payments, and email marketing.
- **Building an Audience** [11:13] — Start by posting content that addresses audience problems. Use the IMPACT principle: Inspire, Message, Provide actionable steps, Connect, and Timing.
- **Content Formats** [15:09] — Experiment with different formats (videos, blogs, tweets). Example: Steven Bartlett started with YouTube, then launched 'Diary Of A CEO' podcast.

### Conclusion

The new route requires consuming knowledge, applying it, and scaling into a business or educational product. Building an audience through valuable content is key to long-term success and freedom.

## Transcript

but you don't know which route to take? They go to school, study hard for their exams, and then get a nine to five job.
makes $63,795 per year according to the latest data That's $5,316 per month,
Even worse, this data includes people So if you're just starting out in your 20s, if you stick to this old school path.
and score a nine to five gig that pays you 10K a month. Sounds great, right? Well, not so fast.
This was the route that my parents expected me to follow. Maybe some of you're sitting there right now expecting the same of you.
However, deep down you feel like there must be a faster way and that's exactly where the new route comes in. to some sort of sales pitch,
You can follow this route completely for free, Many successful people like Steven Bartlett, Joe Fazer,
but they aren't really talking about it. as you can switch to this new route, no matter what stage However, the longer you wait,
Well, as you keep going down this usual path, you know, like a mortgage, a partner, Don't get me wrong, you can still switch gears at any stage,
if you do it sooner rather than later. so I was forced down this route early on, I became a millionaire in my 20s
Hopefully, you are convinced that this new route is at least worth learning about. Step one is consume.
If you think you do, then you're delusional and arrogant. It's simple, consuming knowledge. It's like gathering resources in Minecraft.
survive, and ultimately conquer. how to find information worth consuming. or a quick Google search.
Before you even reach for your laptop, This needs to be some kind of high income skill. high ticket sales, web design, coding,
Honestly, there are so many out there. you'd already have a little bit of a natural gift for. and develop a weakness.
this area will become your focus. I know I'm biased, Find some trustworthy experts with large audiences.
Watch their videos and note down their key points. not copy down their life story. Ask yourself, what point is that person actually making,
Once you've done that and your notes are looking solid, and engaging with that content. I'd even go the extra mile
This way, you'll be able to connect with people Engage with them, ask questions, I guarantee you, joining these types of groups
into the real struggles that people are facing, It's one thing to learn from top creators online, you get a front row seat to see what's really going on,
Trust me, this will come in very handy later on. to fall into the trap of only watching one person If you wanna get the most from this,
of different people and mediums. I'm a huge fan of books. but I'm dyslexic, so plowing through a whole book
That's why I'm all about these Shortform guides. for diving deep into books like "The Intelligent Investor" They're the best summary service out there
I'll drop a link in the description that you can use Step two is apply. then you have to apply the things you consume.
and test what you've learned. The best way to do this is to consume, then apply, It's a cycle that only stops
Let's say you've decided to consume content on coding. It sounds daunting, You've got to give yourself permission to fail.
for his first project. before she published "Harry Potter." In the words of Mark Zuckerberg himself,
As soon as you feel confident enough, If you edit videos, and work your way up.
is get five clients paying $2,000 a month for your video editing services, The better you get, the more you'll be able to charge
However, this is a game of diminishing returns, will have more impact on your income It's like when you first start to work out of the gym,
It's best to consume and apply until you get to the point in the amount you're able to charge for your services. you've reached pretty much expert status.
of all the challenges you face and problems you overcome. Believe it or not, during the apply stage,
but instead the experiences themselves. it can be very easy to get stuck here, trading every hour you have to earn 10K per month.
and lose all your freedom. Firstly, start to scale your high income skill I know you might be thinking, "It's already a business,"
then the truth is, you just have a high paying job. into a proper business? that started editing shorts for YouTubers.
However, one day he just got fed up and not having the freedom to take vacations, to make the shorts, from the way he selected the clips
and the time of day he posted at the social media. He realized that he wasn't gonna be able to find someone However, he could split the tasks into separate jobs,
such as time stamper, text editor, and poster. to fill in the roles for him and take on more clients.
The system will also become super useful teaching others your high income skill. Most of the young millionaires
I'm talking Iman Gadzhi, Ali Abdaal, The education industry is booming, from some kind of high income skill
I mean, just imagine you created a course is sell that course 100 times in a month The great thing is you only have to make it once
getting your freedom and time back. Education products don't just have to be online courses. subscription podcasts, communities,
These types of businesses are extremely cost effective They also have the upside of being extremely scalable Now, reoccurring revenue is the holy grail
is turning into a subscription nowadays. then it gives you the confidence you need without worrying too much about your cash flow.
using this business model all from their laptop. but all you have to do is sign up and they'll handle all the business stuff for you
Just make sure the platform you choose to host your course and that everything remains controlled and owned by you. as you keep 100% of what you earn.
easy payment options, email marketing tools, To build a successful business on Kajabi, all you need is 10,000 loyal fans buying $100 product
I'll talk about how you can build an audience I reached out to Kajabi to see if they'd be interested They agreed and are offering a free 30 day trial
to start your business if you go to kajabi.com/mark. once you're ready to host your education product You might be thinking that giving away your secrets
However, honestly, only a very small percentage of people That's what separates us from most people. then someone else will.
and not someone older and more experienced? You've recently been in their shoes that's teaching from textbooks.
I've been there and done it. or qualifications, and I put in the hard work. before actually applying what you consume online.
Your real stories and experiences will make you stand out. Look, what's scarier to you, seeing your life exactly as it is, the same job,
or facing a few harsh comments online? you're gonna have to deal but that's how you know you're doing it right.
So how can you actually build an audience Most people will tell you to start with your story, is that no one actually knows who you are yet.
to make people care. these videos can hit an algorithm, I would personally start with posting content
that directly speaks to your audience and their needs. You could do a combination of videos, blog posts, or tweets. and teach people how to fix that problem
and all the problems you were facing. When people scroll through social media, that make them feel something,
So hit them hard in your first line. One of the best tips is to use something I created called the IMPACT principle.
You want your audience to feel motivated by your story, M is for Message. and concise message that's not only easy to understand,
they'll think of you and your content. You should always be providing actionable steps Forget all that mindset stuff. That's not helping anyone.
and speak about your own experiences from the apply stage C is for Connection. with your audience by addressing their needs and concerns.
And within C is another C, really, Conversation. ha ha, you guessed it, Community, all the Cs.
Lastly, we have T, which is for Timing. finding the best time to post using stats. For timings, it's more about releasing your content
at the right time to maximize its relevance and impact. So jump on trends and follow the news so you stay relevant. which will shed light on your other content.
in front of a camera and talking, Look at people like Steven Bartlett. and then he started his podcast, "Diary Of A CEO."
and draws out their insights for his audience. It's just trial and error, So don't be afraid to try a few different approaches.
or are you gonna hop onto the new route I'll leave that down to you. then I'll leave that video right up there,
Make sure to subscribe if you wanna grow your wealth. Okay, I'll see you over there.