I laugh every time I hear people saying, yeah, you know, I don't like

working for other people. So, you know, I want to work for myself because

I want to set my own hours. Yeah, right. When you work for

yourself, there's no Christmas, no Easter. There's

This is so true. You have to be a freaking warrior.

As a multiple seven-figure entrepreneur, what's been the best financial advice that you've ever

Ooh, if you haven't heard of this and you're self-employed, you need to implement the Augusta

rule. As long as it's for business, you can rent your house to your business and

That guy had some great advice. My only concern is the fact

that... I'm Matthew Fraser and this is

Amazon Ecom Secrets. I'll be sharing with you the secrets that

helped me go from millions in debt to an eight-figure

entrepreneur. If you're ready to escape the nine-to-five and live

life on your terms, let me show you the way. Hey, guys. Welcome

to Amazon Ecom Secrets. My name is Matthew Fraser. And today, the guys have

hit me up with some videos to do reactions to. So let's

jump in and see what is entailed today. Hopefully, something

People that are successful are the ones that are working on

the business. as opposed to in the business. So every time I

see an entrepreneur and I see that they're working in the business, I'm like, okay, you're not going

anywhere. You can't scale working in the business. You gotta think, how do I work on

this business to make it this kind of its own living, breathing

That's so true. I remember there was a pivotal moment in

my entrepreneurial career and I was getting coached

by someone and they said, look, you've got to now outsource this

stuff that you were doing on a day-to-day basis to somebody else.

And it was at that time that I hired a global operations

manager and said, hey, you take all this day-to-day work

that I'm doing and now you do it. And then, that helped

me grow my sales to over $50 million. All

Excuse me, sir. Quick question for you, man. Is this your Ferrari? Yeah.

And what do you do for living out in Los Angeles to be able to afford a Ferrari? I own my own consulting firm.

So you're a business owner? Yeah. And how long have you been an entrepreneur for? Six years. And

over these six years, what's been the most amount of money that you've ever made in a single year? Just over

about $7.1 million last year. $7 million? Yeah. I'm sitting in

a Ferrari right now. This is a lot of people's dream car. Tell me the story of how you bought this thing.

I'll be honest with you, I had already offsetted all my taxes for the year and

I just wanted a Christmas gift, so I just went and bought myself a Ferrari cash. When you don't

pay taxes, a lot of these types of purchases start to become a little bit different. So

you don't pay taxes? Oh no, I don't pay any taxes. Why is that? People say that

it's patriotic to pay taxes. It is not patriotic to pay taxes. It's

actually more patriotic to not pay taxes. The government has created

this tax system and it's a legal playbook for us to legally pay the

least amount of taxes possible. People need to wake up and utilize that book and

As a multiple seven-figure entrepreneur, what's been the best financial advice that you've ever

Ooh, if you haven't heard of this and you're self-employed, you need to implement the Augusta

Rule. As long as it's for business, you can rent your house to your business and

charge yourself a fee for it. That is an amazing tax strategy at the end of the year. What

are your thoughts on debt as a business owner? Oh, I love debt. I'm focused on trying

to increase my debt actively right now. And the reason why is because debt allows me

to buy more real estate and in return, I can use that real estate to offset my

taxable income. So I love debt. I'm a partner with the bank. I look at me and

Damn, I love this guy. He's not paying taxes. God.

If there was some way that I could not pay taxes in Australia legally,

then I definitely would because I hate paying taxes. That

guy had some great advice. My only concern is the fact that

he did $7.1 million in a single year. Shit,

I've done over $15 million in a single year and I didn't run out

and buy a Ferrari. The first thing I did was pay off my debt, the

bad debt. The second thing I did was go out and buy more

property. And then I bought a shit

ton of Bitcoin. So I think maybe this

guy's stepping ahead of himself by just running out and getting the Ferrari

first, but who knows. In any case, I did like how

he is upfront about his advice. He's doing well. I give

him props. for at least doing well

Amazon is being accused of tricking millions of people into

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world's largest online retailer. It says Amazon knowingly

duped customers into signing up for a renewing of its

$139 a year Prime service and then made them jump through hoops to

cancel. Amazon says the FTC's claims are

They're so cheeky, aren't they? So what they're saying there is that, you know,

you've got a Prime program, which I admit has a lot of benefit. If

you're not on the Amazon Prime program, you should definitely sign up. But

what I hate is when they make it difficult to cancel. Very,

very sneaky, Amazon. Hey guys, I just want to break away from the

episode for just one moment and let you know that I've just launched the Amazon

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All right, thanks guys, and back to the episode. All right, let's check out this

next video. If you want to be financially independent someday, it's

Two homes and one car. The

average American gets two cars and one home. Here's a

good advice. Two homes and one car. You

God, is this guy actually talking to me or something? Is he going to go

at me? I've got like five cars in this shed alone of

the seven cars that I have in total, but I do have multiple properties

as well. So does that mean that I can have the more properties I have, I

can have more cars? Not sure. In any case, I

don't want to buy any more properties. I don't want to buy any more cars. I

just want to buy more Bitcoin. Oh, I can see this one. Dana White.

I laugh every time I hear people saying, yeah, you know, I don't like

working for other people. You know, I want to work for myself because

I want to set my own hours. Yeah, right. Let me tell you what, when you

work for yourself, there's no Christmas and no fucking Easter. There's

none of that shit when you work for yourself. In the early days, you're working through all

those holidays. Every day something bad happens. Every day

there's problems. Every day somebody's trying to

fuck you and take what you've built. It's a

This is so true. You have to be a freaking warrior

if you're going to go and be self-employed and run your own business.

No one gives a shit that you have a business. When

you're an employee, it's freaking amazing. You just show

up, do your 9 to 5, collect your paycheck, and you leave

the job behind. As a business owner, it's 24-7. But, the

reward could be much, much greater. And that's why I

Excuse me, sir. Quick question for you, man. Is this your G-Wagon? Yeah, it is. And

what do you do for a living, man? How are you able to afford a G-Wagon out in Houston, Texas? I started a

You've got to ask yourself, though, why would you even go buy a G-Wagon, hey?

How much money is that business going to generate you this year? We're doing like seven figures a month right now.

How old are you now? I'm 27. How old were you when you became a millionaire? 27. 27? Yeah.

That was this year. What keeps people broke in today's world? Ignorance. And ignorance is

not a demon, by the way. So I think for me, the way that you can collapse time

is knowledge. The best decision that I ever made was I stopped making decisions.

Everywhere that I wanted to go, someone had already gone. And so I just needed to

Going into 2024, what is the best industry that people should be looking to get into right

I mean, I'm biased. I would say cybersecurity, yeah, man. It's costing my country like

10% of its GDP, like hundreds of billions of dollars. So if you can be the kind

of person that goes into an organization and helps protect the organization, I

You'll get the money you're looking for. Among yourself and the most highly successful people that

Patrick Bette Davis said this, but only the paranoid survive. If you don't realize

that being stagnant is dying, I think you'll see like it just eventually like

Good things don't take time. I think that changed my life. And because most

people would say it takes 10 years, 15 years to get to these heights. You

Wow, I love this guy. I was just like captivated watching that video

to think what he has done by the age of 27. He

talked about being paranoid. Yeah, I know I don't want to say it, but yeah, I'm

paranoid that I don't have enough Bitcoin. This guy's incredible

and I love the fact that he's just gotten out there and made

a success of himself. I just hope he's not putting everything though into

the g-wagon. Okay guys I hope you enjoyed that episode of

me reacting to random videos and I think there was a key

thing there which was something's telling me that I need to go and

buy more Bitcoin mate. But anyway, let me know what

you think in the comments about any of those reactions,

or if you differ to my opinion, especially when it comes to

property and Bitcoin. All right, take care. Thanks

for tuning into Amazon Ecom Secrets. If you

enjoyed this episode, the best way to show your support is

to give a five-star review on Apple Podcasts and Spotify, and

make sure to subscribe on YouTube so you don't miss an

episode. You can also find more at I'm

Matthew Fraser on all social media platforms. Thanks