3 Important Lessons From the Netflix Show How to Get Rich

A couple of weeks ago, my husband, Eric, and I binged a new Netflix show called How to Get Rich. If you’re not familiar, it’s based on Ramit Sethi’s bestselling book, I Will Teach You to be Rich (which is a great read btw).

In the show, Ramit helps people from different backgrounds get their finances in order, so they can live their “Rich Life” however they define it. For some, it's being able to retire their mom, an immigrant from Columbia who worked hard to give her kids a great life. For others, it's finally getting out of debt and buying a home their kids will love coming back to years from now.

I like Ramit’s approach to finances because, first, he doesn’t tell you to stop spending on things that are important to you and that fit into your definition of a “Rich Life.” Second, he brings psychology into the equation as well. Because our relationship with money is about much more than simple math.

Since money is such a major mindset topic among my clients, I typically ask them to do a deep financial audit. One of the first steps towards financial abundance is taking full ownership and inventory of what you have and how you’re using it. As we do this, I encourage specific exercises to help them regulate their nervous systems throughout the process. This illuminates their past experiences and subconscious money stories quite efficiently, which gives us some great ground to cover during our coaching calls.

That said, I couldn’t help but get curious about Ramit’s own entrepreneurial journey. Being a business owner makes me really curious about other people's success stories – what failures did they have to overcome, how long have they been working at it, what were their biggest lessons – are some questions that often cross my mind. I did some deep diving and here are 3 things I learned from Ramit's journey to success:

1. Get clear & repeat yourself often. 

Ramit started with a blog called I Will Teach You to Be Rich in 2004. His book, with the same title, first came out in 2009. In case you need a reminder (I know I do), it's currently 2023. That's 19 years of the same message. Over and over again. I didn’t count, but if I had to guess, he said a version of the phrase “live your rich life” at least a thousand times in the span of 8 episodes. (No, I've never won one of those “guess how many M&M's are in this jar to win it” contests, but still…) 

He’s constantly pointing back to his main message, which means he is incredibly clear on what that is and the problem he helps his customers solve. His messaging is on point, simple, and strong. He’s also not worried about “overdoing” it or being annoying. He knows people need to hear it, and once they're on board, it's going to help them in powerful ways.

2. Embrace Boring.

Like investing, successful entrepreneurship is pretty boring a lot of the time. It’s easy to get caught up in creating and launching a new offer or product every couple of months. That’s a huge mistake I see even seasoned entrepreneurs make. It’s not called shiny object syndrome for nothing. It’s exciting to create and launch new things. But it’s a whole different level of commitment to stick to one or two offers that actually work and really hone in to make them as incredible as possible over years.

The middle is boring and can be a frustrating season. It often feels like you're not experiencing the traction or growth you want. Much like investing, when you embrace boring and stick with it, you get much further in the long run. That's the beauty of compound interest. Focus on what works, refine it, and keep showing up for it, even when it feels boring. Massive success takes time, consistency, and boldness, especially through the middle. Which leads to…

3. Small steps + consistency = major transformation over time. 

Do you ever feel like your success is taking just a little bit longer than you’d like? Or maybe a lotta bit longer? If you’re nodding your head and have been wondering when (or if) things will ever fall into place for you, remember that “overnight success” takes years, sometimes decades, to actually happen. Find a way to enjoy the process and stay the course, and it will absolutely be possible for you.

Entrepreneurship isn’t a get rich quick scheme. It takes time, consistency, and patience. Mind-blowing transformations don't happen in a short period of time, but each small, intentional step does have an impact. 

It's also important to remember, especially if you're impatient like me, that the work you're currently putting in now is helping prepare you to become the version of yourself who can handle that level of success. Next time you feel like you're “behind”, remind yourself that this is the time and space you need in order to grow.

Stay focused on your why, commit to the process long-term, and who knows, maybe we'll be binging your own Netflix show one day.