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I Got My Own Netflix Show... Here’s How | Ramit Sethi (#446)

From My First Million · Published Jul 5, 2023 · Watch on YouTube

TL;DR

Ramit Sethi’s Netflix show How to Get Rich debuted at #9 on Netflix, then #6; his podcast hit #12 on Apple, displacing Ben Shapiro. He built his career over 20 years from hanging flyers at Stanford to a bootstrapped business, advocating index funds over stock picking and a “money dial” approach: spend extravagantly on what you love, cut mercilessly on what you don’t.

Key insights

  • People confuse three distinct money skills: making money, managing money, and spending money; most focus only on the first.
  • The most common “money dial” (thing people love spending on) is eating out, followed by travel, health/wellness, and convenience.
  • Most people, when asked to quadruple spending on their money dial, give a linear answer (e.g., eat out four times a week) instead of dimensionalizing (e.g., eat at better restaurants with different pe

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