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 of5:22 Having partners work for free until 2 - 4am?!10:33 Prototyping the life you want12:37 Matt the Ultimate Gen Z15:59 Hire 5, work 10, pay 817:52 I am not your father!18:32 Hiring process21:57 Becoming a business22:56 Getting the staff involved in the hiring process23:56 How does Mr Money make money?!26:32 Evaluating priorities31:55 Creating a moat40:22 The Personal41:01 Mr Money TV almost shut down?!42:28 Becoming more cynical44:56 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✍🏻 Leave a review on STIMY: https://podcasts.apple.com/gb/podcast/so-this-is-my-why/id1521191442