Becoming a Millionaire Series: How To Become One

Ep. 124 // Becoming a Millionaire Series: How to Become One

[00:00:00] Jamie: Welcome back to part three of me and Julia’s series on Becoming a Millionaire. Today we are gonna be talking about why become a millionaire? Why you, yes, you should become a millionaire, and what the journey really looks like. We’re gonna talk about what it’s looked like for us a little bit personally, but also.

[00:00:24] What’s it gonna look like for you? Like what is it that you’re gonna wanna step into if you want to create this level of wealth? So welcome back, Julia. Thanks for being here again.

[00:00:35] Julia: Yeah. Thanks for having me.

[00:00:37] Jamie: Yes. Okay, so let’s dive into why becoming a Millionaire Matters.

[00:00:45] Julia: Hmm.

[00:00:46] Jamie: hear a lot of people say, I don’t care about money. Money isn’t my driver.

[00:00:51] That’s not what I care about. I care about helping people. I care about impact, and there’s no part of me that’s saying stop caring about people. Stop caring about genuinely making a big impact and over-delivering and giving your gifts to the world. Yes. Yes, yes. But I also think we wanna challenge any part of you, especially if you’re an entrepreneur that says, I’m not here for the money, or money doesn’t matter, or I don’t care about money.

[00:01:20] ’cause that’s gonna stifle you and that’s gonna get in the way. And it probably, I’d love to hear what Julia thinks, but it probably comes from. Misbeliefs that you hold about wealth or about money, or about focusing on money and what you make that mean about you as a person. Right, because, um, we as a society have really, I, I know like a lot of us have been taught, oh, don’t focus on the money.

[00:01:45] Don’t think about the money. The money doesn’t matter. If you’re good at it, you shouldn’t charge for it. And we really just wanna question those things because honestly, from my perspective, I think you can do way more good in the world if you have money and if you focus on money. Then you can if you stay broke.

[00:02:06] What are your thoughts, Julia?

[00:02:08] Julia: Absolutely. I mean, I think it’s, it’s, uh, money is the, the, the resource that, that we all, it, it gives us freedom. It gives us choices. It gives us the ability to help others and invest in good in the world. So. My personal belief is I think we need more women and more women entrepreneurs specifically making good money to create a ripple effect of good in our, um, in our world, which

[00:02:35] Jamie: Yeah.

[00:02:36] Julia: at this time.

[00:02:37] Jamie: Yeah. It’s so interesting because as I’ve seen so many of my clients really step into that and step into growing their businesses and creating wealth and actually having money. I see what beautiful things that they do in the world with it, and. It’s really inspiring, right? So why do you think it’s okay?

[00:03:00] And it’s not a bad thing to desire money to focus on money. And I’m not saying we don’t focus that that’s the sole thing we focus on, but it can be a focus. I’m curious what your thoughts are.

[00:03:15] Julia: Yeah, I mean, I think that it, it, it magnifies who you are. So, like, for me, I’m an employer, like I have over 20 people on my team, and like, I, I want us to prosper so I can pay them well, so I can pay for benefits so I can fund their retirement so I can allow them to go live their best lives. And so it’s. It, it’s so, um, like if we get caught up in what money, like what that could or couldn’t mean, I think is, um, it’s giving too much power to money.

[00:03:49] Jamie: Yeah.

[00:03:50] Julia: the ones that get to decide how money exists in our life.

[00:03:55] Jamie: Right.

[00:03:55] Julia: if it’s a story, a possibility and opportunity and, and impact and legacy, it, it’s. Like the, the money’s gonna be attracted to that. And, um, and that’s gonna amplify who you are.

[00:04:10] Jamie: Yeah. Totally. Yes. And in terms of business and focusing on money goals or looking at your money and setting money goals and desiring more money in business, the way that I see it, my, you know, and similar to you, but it’s like, kind of like if you think of a cycle, like if you think of it as like a circle, right?

[00:04:33] And. You know, if you don’t make money in your business, you can’t put more money into your business, and money is the resource that’s gonna help you grow, impact that’s gonna make, help you make a difference that’s gonna help you scale, that’s gonna help you reach more people. That resource is so powerful, so you stop the flow.

[00:04:53] You stop the growth, right? So really, when you say, I don’t care about money, what you’re also saying is, I don’t care about, you know, growing or impacting or serving or helping more people in some ways, right? Because it is the resource, right? That’s like saying, I don’t care about wifi. It’s like, okay, well, you know, do, like, I always think of money as similar to wifi.

[00:05:13] I’ve heard that as an example. It’s just a resource that we use, right? And it just fuels us. It’s not that like we have to, you know. Care so much about it or think about it all the time. But yeah, you wanna have wifi so that you can get on Zoom meetings with your clients.

[00:05:27] Julia: Yeah.

[00:05:28] Jamie: gonna allow you to grow and impact and just a resource, you know?

[00:05:32] Julia: And it’s interesting because as you money’s becomes, it, it like, it’s like a big

[00:05:37] Jamie: Yeah.

[00:05:37] Julia: it isn’t. Like I, what I have found is when you gain mastery over money, that that’s when it, it, it’s, it’s like, it just becomes neutral. It becomes like just something that you, you work through and, and, um, and a true resource.

[00:05:51] And so I, I find when people avoid it or. They, they ignore it or they don’t wanna set like really intentional financial goals. It’s, it’s often because there’s something internally like in their subconscious that’s holding them back in some way, and then we have to kind of go mine that to figure out like what’s going on.

[00:06:13] Jamie: Totally a hundred percent. Because there’s so much societal conditioning around money that Yeah, a hundred percent. Like if you don’t have any money stuff, I’m like, wow. You know? So we all have it. And yeah, cleaning that up can make. The difference. So, so good. Yeah. What else have you seen as a, or let me ask it another way, I guess, what positive impact have you seen, like when people stop avoiding money and start stepping into a more empowered role with it, what other positive impacts has it made?

[00:06:53] On their life that you’ve seen, or whether that’s a personal story or what you’ve seen with your clients?

[00:06:59] Julia: Yeah, I mean, I, I, I think of, um, one woman that is, um, actually like a friend and she, like, she was basically living out of her car at 23 and learning real estate, learning

[00:07:12] Jamie: Mm-hmm.

[00:07:14] Julia: develop real estate, and she. Basically from 23 to at 26, she bought a private island in the British Virgin Islands,

[00:07:22] Jamie: Oh my gosh.

[00:07:23] Julia: island

[00:07:24] Jamie: That’s where you’re, okay, that’s, yeah, I’ve seen your pictures. I’m like, where is that? That looks amazing.

[00:07:30] Julia: But she, her, her vision was that she bring people to this island to heal.

[00:07:36] Jamie: Wow.

[00:07:37] Julia: And now on top of that, she or she married a Green Beret and he is training, um, veterans who come home that have, you know, PTSD and suicidal and she’s, they, they are equipping. them to go into third world countries and save women and children from sex trafficking. It’s, and that’s all because of this abundance and the wealth that she built through real estate, that she

[00:08:03] Jamie: Yeah.

[00:08:04] Julia: to like start these nonprofits and do this work in this world. And so. It’s like, wow. To see, to to see the journey of someone like, like that, that just decided that this is what she was gonna do and this was the impact she was gonna make with the money that she could, um, grow and receive like that. Like the world needs more of those stories.

[00:08:28] Jamie: Yeah, I couldn’t agree more. I couldn’t agree more. Amazing. And when heart centered people make money. Beautiful things happen like that, right? Where, that’s where charities are born, that’s where new businesses arise. You know, it’s, it’s like that’s where those things are born that are such beautiful things in the world and there’s so much going on in the world and there’s so many things that you know, there are to be upset by.

[00:08:54] And I think. When you have money, you can actually make a bigger difference because money speaks. It’s a powerful resource that you can put out into the world to actually create change. So it’s one of those things be the change you wish to see in the world. Well, having money makes a massive difference ’cause you need money to create change, right?

[00:09:14] Money speaks. And whether that is the companies that you are, um, you know, putting money into, whether it is what you’re giving to, whether it’s. Starting a charity or giving to a charity. I mean, there’s a million different ways, but you can create so much change by having money. And so if there’s things that you’re bothered by in the world, you can think about, if I had more money, what would I do about this?

[00:09:37] How could I actually use that as a positive, beautiful change in the world? And I also think just, you know, for your own life, like having options.

[00:09:48] Julia: Yeah.

[00:09:48] Jamie: options, that’s huge. Um, I.

[00:09:52] Julia: And security. I think it’s, it’s like to not have to worry about, um, like, uh, the base financial security, the piece that that brings us, I

[00:10:02] Jamie: Yeah.

[00:10:03] Julia: for granted. But it’s, it’s just, um, like I think there’s different levels that you go through as you build wealth and. You know, that financial security of building your own way, like as

[00:10:15] Jamie: Yep.

[00:10:16] Julia: that’s what we get to decide.

[00:10:17] We get to build our own freedom.

[00:10:19] Jamie: Yeah.

[00:10:19] Julia: then that, you know, that freedom is, is returned to you in financial freedom and time freedom and

[00:10:26] Jamie: Yeah,

[00:10:27] Julia: And so it’s, it’s, um, it’s, I think it’s just as entrepreneurs, we’re just wired differently and, and we have to think about building wealth differently.

[00:10:37] Jamie: yeah, yeah. So I know you believe just like me, that. Anyone can become a millionaire, like anyone is actually capable of becoming a millionaire. It’s not just for those who are born into it or not, not just those who are given certain gifts or who are in certain careers, right? You truly, wholeheartedly believe that anyone is capable of that.

[00:11:03] So why would you say anyone is capable?

[00:11:05] Julia: Hmm. Because we are all equal.

[00:11:10] Jamie: Yeah.

[00:11:11] Julia: we can all get resourced, we can all, um, like, um, like make changes and decide and, and change, like, you know, whether we have to course correct or learn a new skillset. Like I’ve seen people from all walks of life millionaires,

[00:11:32] Jamie: Yeah.

[00:11:33] Julia: it’s totally possible.

[00:11:35] Jamie: Yeah, I love this, um, vision that it’s in, uh, the Millionaire Mind. It’s a book called The Millionaire Mind, and it’s by t Harv Eckhart. And in in that book, he talks about how, you know, it’s so funny how we think like, oh, certain people can be Cham millionaires and certain can’t. But really, if you think about it, right, if you believe in God or the Divine, or whoever created us as humans, it’s not like we were put through this like factory belt and it was like.

[00:11:59] This one’s worthy of making a million dollars. This one isn’t this one. You know, it’s like that’s not, we all came in. Yes, we all came in under C. Different circumstances and situations from different places, but we all have free will. We all have the ability to create. Right. Um, so yeah, it’s amazing. And I do think one of the.

[00:12:20] Blocks that people have to, that is they think they already need to know how to do it in order to do it, and they aren’t willing to invest in themselves or invest in the education. To learn that, right? They think I should just know this already. And they feel shame that they don’t. So they just keep hiding.

[00:12:42] Julia: Mm.

[00:12:43] Jamie: But I’d love to hear from you, like, let’s talk about self investing. ’cause I think that’s huge and being able to receive support around that. So what would you say? Between all your, because I know you’ve invested, right? Obviously you, you, this is your zone of genius. This is your thing. You’ve invested a lot in many different areas.

[00:13:04] I know. Between, um, you know, investing in the market, investing in real estate, investing in yourself, what would you say of all things is your best, has been your best investment?

[00:13:17] Julia: Yeah, that’s a great question. And although I, I’ve made a money, I, I’ve made a lot of money in different investments. I, I think the single best investment has. Was, let’s see, I’m trying to think of the year. It was 2010 and I had, um, just moved to a, a, a different, um, broker dealer to start, like start my own, um, firm. And can we scratch that and start

[00:13:47] Jamie: Yep. Let’s start over.

[00:13:48] Julia: Okay. I’m going into way too many details.

[00:13:50] Jamie: Yep. Yep.

[00:13:50] Julia: high level. That’s a great question. I feel like I’ve made a lot of great investments where we’ve made money, but the best investment, I will say is the one that I did early on in my business when I was just cresting, maybe a hundred thousand in revenue and. was looking for help. I was looking for a way to, how do, how do I grow my business? How do I be that million dollar producer, which was the goal, and there was a program called Million Dollar Producer.

[00:14:24] Jamie: No way.

[00:14:25] Julia: Yes. It actually made me think of like what we’re doing now, like

[00:14:29] Jamie: Yeah.

[00:14:29] Julia: be someone’s seed that I did all those years ago, and I remember it back in 2010.

[00:14:36] It was $13,000, so it was like 13% of my total revenue

[00:14:43] Jamie: Yeah.

[00:14:44] Julia: remember thinking, like, knowing in my body that it was a, a holy hell yes. Like,

[00:14:50] Jamie: Yeah.

[00:14:51] Julia: this. And I remember not wanting to ask my husband at the time, and I’m like, this is a business decision. I can make this on my own. And I did.

[00:15:00] Jamie: Yeah. Oh my gosh.

[00:15:02] Julia: I invested in that and, um, I, you know, I I, it was a big investment for me, so I. Treated it with respect.

[00:15:12] Jamie: Yeah.

[00:15:12] Julia: to the meetings, I showed up, I did the work, and I wanna say like the, my revenue probably within five years was at a million dollars. Like

[00:15:24] Jamie: my gosh.

[00:15:25] Julia: course it wasn’t all at once,

[00:15:26] Jamie: Yeah.

[00:15:27] Julia: that put me on the trajectory. That investment. Yes, in the program, but more in me. Like was the thing that took me to where I’m at now. And that’s why when I think about investing, it’s like I invest in memories for my family. I invest in experiences,

[00:15:46] Jamie: Yeah.

[00:15:48] Julia: in, in, I, I still partake in masterminds, like I still

[00:15:52] Jamie: Yeah.

[00:15:52] Julia: people that challenge me. And so like, that was seeing the, like the best investment I ever made.

[00:15:59] Jamie: Oh my gosh. And this is coming from like a financial strategist who knows and has dealt with every, you know, every kind of investment there are to wholeheartedly say the best investment you ever made was in really in yourself, was in your development. You’re learning your own growth. That is powerful.

[00:16:23] Wow.

[00:16:23] Julia: You know, I, in my career I see people in inherit, like, inherit, um, from, from their parents. And, you know, oftentimes, and not those, that second generation loses the wealth pretty rapidly. And my philosophy is that they, number one, didn’t feel worthy of the wealth

[00:16:44] Jamie: Yeah.

[00:16:45] Julia: they also didn’t become. Who you need to become to hold and sustain and maintain wealth.

[00:16:52] Jamie: Yeah.

[00:16:53] Julia: it’s like you can’t shortcut it. Like you

[00:16:55] Jamie: Yeah.

[00:16:56] Julia: upgrade the identity. You have to become the millionaire, be first before you, you get the money. And so it’s, it’s just really powerful. Um, the, the, the lessons that, you know, I’ve witnessed in, in my business and, and through my clients, and it’s just really.

[00:17:16] It it, it really is the, the identity and who we become is so much more important than the money I.

[00:17:22] Jamie: Yeah. So was that a mastermind that, that you did? The multiplier, the millionaire multiplier.

[00:17:28] Julia: masterminds were even

[00:17:29] Jamie: Okay. Yeah. Yeah.

[00:17:31] Julia: it, but it was like, yeah, it was like a, a group of, of business owners that got together and there was a leader that,

[00:17:38] Jamie: Yep.

[00:17:38] Julia: strategy. They, they, I, I think the identity part, like I had to pick up. Later

[00:17:44] Jamie: Yeah.

[00:17:45] Julia: like the strategy.

[00:17:46] Jamie: Yep.

[00:17:47] Julia: and then it’s like, but I think the powerful thing about what we’re doing is it is both.

[00:17:52] Jamie: Yeah.

[00:17:52] Julia: I feel like if I had both earlier, it

[00:17:55] Jamie: Yeah.

[00:17:56] Julia: much more explos explosive than it was. But you know, it’s Waco.

[00:18:01] Jamie: Yeah. Still, still. Yeah. It’s so interesting ’cause I would say my very best investment, I talk about all this all the time, but was a hundred percent my first coach who was a high level coach, she was $8,000 and I was in the red in my business. So it really did not make logical sense. I mean, it really didn’t, but I had this gut knowing that.

[00:18:20] This would make a difference. This is what I need and if I really want to do this work in the world as a coach, I have to clean this up. Right. And I knew I had inner work to do, so mine was actually more inner work that I did. But, um, you know, in terms of shifting my relationship with money and all of that.

[00:18:37] But I literally sold like, ’cause I didn’t have money. Like I was in the rud in my business. I sold my Prius, took it to CarMax. Sold it to invest. That was my best investment, hands down. Because what happens, like you said, when you invest in that way, it ignites a, it’s like an, it’s not only you’re investing, but you’re making a decision that you’re about to expand and shift in such a big way.

[00:19:03] And that investment, even though we could say, you know, oh yeah, that year wasn’t the year that I made the most money in the world. But that’s where I grew to where I could continue growing and then I could multiply that and it allowed me to step into who I am now. So yeah, it’s amazing. So I do wanna touch on just like kind of for people who are like, I wanna become a millionaire.

[00:19:27] What’s the process here? Right? Not that we’re gonna give you a how to, but let’s touch on a little bit of what we believe it takes. And we already talked number one about. Self investment and making a decision that this is who you wanna become and stepping into that identity. Um, and also having the structure and just learning, learning about finances.

[00:19:52] Throughout the past couple episodes, we’ve been talking also about not avoiding your money.

[00:19:57] Julia: Yeah.

[00:19:59] Jamie: What else would you say? Is there anything that you want to share around the becoming of who you need to become, what you wanna focus on? If this is the work that you wanna do, let’s say in 2026, if you decide you wanna step into a millionaire status.

[00:20:14] Julia: Yeah, like, you know, what’s coming to mind is like the, the, the first is the deciding, right?

[00:20:19] Jamie: Mm-hmm.

[00:20:20] Julia: you’re to decide, which is to invest in yourself, to cut off all other options, and then with that commitment. Comes the capability. Like that’s what we’re gonna do with this mastermind, is we’re

[00:20:33] Jamie: Yeah.

[00:20:34] Julia: teach the strategy.

[00:20:35] We’re gonna talk about the mindset. We’re gonna look at the identity and, and the what’s going on in your subconscious and the stories. And I think that that. Is the work that builds the capability and the, and the courage to move forward and do things differently. Like, and that’s getting outside your comfort zone.

[00:20:55] I think, you know, if you, if you do what you’ve always done, you’re gonna get what you’ve always gotten. And so

[00:21:00] Jamie: Yeah.

[00:21:00] Julia: Step being a little bit uncomfortable and having the courage to do things differently. And that is a rewiring and

[00:21:09] Jamie: Yeah.

[00:21:09] Julia: is what lands you at confidence. Like a

[00:21:13] Jamie: Yep.

[00:21:13] Julia: the confidence first, um, before we’re gonna say yes to something or before we’re gonna make an investment or start a business.

[00:21:21] Jamie: Yep.

[00:21:21] Julia: confidence is the result of doing all of that.

[00:21:24] Jamie: Yeah.

[00:21:24] Julia: so. I mean, what I am seeing is, is these women at the end of the six months that they’re like, they’re, they’re changed. They’re transformed.

[00:21:33] Jamie: Yeah.

[00:21:34] Julia: in who becoming a millionaire.

[00:21:37] Jamie: And they’re in Maui with us celebrating.

[00:21:43] Totally. But yeah, I completely agree with you. And I would add one more thing that I think is just so important, and this was just. Work I really had to do. And what, you know, a lot of clients work with me on is the reprogramming of your relationship with money and the thoughts that you think about money and the perspectives that you hold.

[00:22:06] I see such a, um, open, like if you wanna become a millionaire, that’s probably work that you’ll wanna do. You’re gonna wanna do the inner work and learn the strategy and the structure, right? Um, because you can’t hold beliefs that money is bad, that. I feel guilty if I want money or I can’t focus on money or beliefs, like money is scary or it’s not for me.

[00:22:31] If you hold those beliefs, even though they’re not like what’s your conscious mind is telling you? If you are holding those in your subconscious and trying to make money, it’s gonna feel like you are hamster on a hamster wheel.

[00:22:44] Julia: Yeah.

[00:22:44] Jamie: going, going, and just why am I not doing this? And so I think. Some of the powerful work I’m so excited to do with our entrepreneurs is gonna be to help them start, see what maybe those blocks are and help them shift it and help them really break through that.

[00:23:02] ’cause Oh my gosh, it’s so fun to see how when you do the inner work, it reflects on the outer, right?

[00:23:08] Julia: Yeah. Yeah, that’s exactly right. It’s like

[00:23:12] Jamie: Yeah.

[00:23:12] Julia: your inner wealth creates and generates that outer

[00:23:15] Jamie: Yeah.

[00:23:16] Julia: so there’s so much that starts within.

[00:23:18] Jamie: Yeah. Yes. So let’s talk a little bit about, you know, if people are interested, let’s talk about who this would be perfect for this mastermind. Let’s say people have been listening to our series the past three weeks and say, heck yeah, like. 2026, let’s go. I wanna invest in myself. I’m ready. I’m ready to become a millionaire.

[00:23:40] I’m ready to create more impact. I wanna scale my business. I also wanna multiply the money that I have and learn how to do that. Um, and it just feels like a yes for them. Who would you say is the right person for the Mastermind?

[00:23:56] Julia: Hmm. I feel like, I feel like they’re gonna listen to this and know that

[00:24:00] Jamie: Yeah, I agree with that.

[00:24:02] Julia: Absolutely. But I, I, I think like we we’re passionate about helping women entrepreneurs. Uh, we’re, we also want want them to feel like they’re at a right place and, and that they can invest and

[00:24:16] Jamie: Yep.

[00:24:17] Julia: and that they’re, that they wanna be all in on this with us.

[00:24:21] Jamie: yep. I think that’s the key. Yep.

[00:24:23] Julia: yeah.

[00:24:24] Jamie: Wanting it to be your focus for 2020, or one of your focuses, like one of the primary focuses is stepping into this evolution, into this growth, and doing this work along with us and the entire, oh my gosh. We both manifest the, the most amazing humans. So this group is gonna be a incredible, I just know it and being able to make friends along the way with fellow millionaires and, you know, fellow, fellow millionaire women who are in business.

[00:24:52] Um. I just think it’s gonna be magical and I’m so excited. So if these episodes have resonated for you and you want to learn more and do the inner and the outer work and just learn from both Julia and I, um, you are welcome to apply ’cause we are kicking off in 2026 and we are gonna have the best time.

[00:25:16] Julia: Yeah, I’m

[00:25:17] Jamie: thoughts Julia?

[00:25:18] Julia: Yeah, I just think that it’s just gonna be, um, just an amazing experience because I know both of our hearts, like are in this to,

[00:25:27] Jamie: Yeah.

[00:25:27] Julia: help these women. And I am, you know, I, I typically just work one-on-one with entrepreneurs and so this is, to me is like a really exciting, um, container, if you will, to

[00:25:39] Jamie: Yep.

[00:25:39] Julia: um, you know, help learn from each other.

[00:25:42] And then also. Like, the container of accountability and, and make sure that they show up for themselves because it’s hard, right?

[00:25:51] Jamie: Yeah.

[00:25:51] Julia: gonna happen.

[00:25:52] Jamie: Yep.

[00:25:53] Julia: other priorities that, that, that come in. But it’s like, that’s why I like that this is six months because it gives us time and,

[00:26:00] Jamie: Yep.

[00:26:01] Julia: and it’s, it’s, it’s really important the, the, the energy that we’re all bringing to it and honoring, um, that commitment.

[00:26:10] So.

[00:26:11] Jamie: And one of our intentions is to make this fun, to make money fun, to make money, dates fun and right. You’ll hear structure and strategy and accountability, which we’re infusing with the energetics. But the beautiful thing, uh, about the work that we do is that it’s. Not harsh and restrictive, and I’m so excited to bring joy and fun to the journey of growing into that and learning how to enjoy that process.

[00:26:38] So

[00:26:39] Julia: Yeah.

[00:26:40] Jamie: wait. Julia. So thank you so much for being here. I can’t wait to do this with you. And if you are listening and you resonate, you can apply in the show notes. We will have the application right in there if it feels like a yes, right.

[00:26:57] ​

will see you next week.

[00:20:19] Julia: Bye.

[00:20:21] ​