Ep 122 Part 2: I Am NOT Your Father! | Peter Yong aka Mr Money TV, the 7-figure YouTube Businessman

What does it take to build a 7-figure YouTube business on
personal finance?


Peter Yong aka Mr Money TV
spills the tea on STIMY Episode 122 Part 2.


That includes telling us:


Why he tells all his staff, "I am not your father!"

Why he hires 5, works 10 & pays 8;

How he creates a moat around himself;

How he's built his personal brand;

Why his staff actively tell him to NOT hire more staff!

Why his entire team knows the financials behind Mr Money TV;

Working for free & getting equity?!

His dream of building a Hershey town.






And that's just some of juicier takes.


Highlights:


3:05 Being taken advantage of

5:22 Having partners work for free until 2 - 4am?!

10:33 Prototyping the life you want

12:37 Matt the Ultimate Gen Z

15:59 Hire 5, work 10, pay 8

17:52 I am not your father!

18:32 Hiring process

21:57 Becoming a business

22:56 Getting the staff involved in the hiring process

23:56 How does Mr Money make money?!

26:32 Evaluating priorities

31:55 Creating a moat

40:22 The Personal

41:01 Mr Money TV almost shut down?!

42:28 Becoming more cynical

44:56 Can a boss ever be friends with his employees?

47:43 You're going to shut down. Do you tell your employees?

51:05 Hershey's World (P/S: Thanks, CK!!)

53:48 The legacy for Peter's 2 sons






Show notes: https://www.sothisismywhy.com/122 


YouTube: https://youtu.be/saQkikbcwaY 


 Weekly STIMY Newsletter that deconstructs how you build a
portfolio career to prepare yourself for the future of work:
https://sothisismywhy.ck.page/acd5bd1062


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https://podcasts.apple.com/gb/podcast/so-this-is-my-why/id1521191442