Teaching Millionaires

Why I Shut Down My Channel (The Story I’ve Never Told You)

👉 Join the waitlist for my book The Encouragement Economy: https://pages.teachingmillionaires.com/book 👉 Connect in our private Facebook group: https://teachingmillionaires.com/fbgroup   Why I Shut Down My Channel (The Story I’ve Never Told You) — After building a growing YouTube channel, a thriving business, and reaching net worth millionaire status, I shut it ALL down overnight. No more videos. No more income. No more teaching. This is the real story I’ve never fully shared — until now.   In this video, I open up about: ✅ Why I walked away from teaching, YouTube, and my business at the peak of success ✅ How burnout, trauma, and mental health struggles forced me to stop ✅ What I learned by hitting rock bottom — and how it changed my mission ✅ What’s next: The Encouragement Economy book, a stronger community, and Season 2 of Teaching Millionaires   If you’re searching for burnout recovery, mental health for entrepreneurs, or how to rebuild your life and business after a breaking point — this story is for you.   🔗 Join my book waitlist → https://pages.teachingmillionaires.com/book 🔗 Join our private Facebook group → https://teachingmillionaires.com/fbgroup   📌 Timestamps 0:00 Intro — Why I Shut Everything Down 0:40 The First YouTube Video & Early Wins 2:00 From Teacher to LLC & Millionaire 4:00 The Trauma That Broke Me 5:15 Shutting It All Down to Survive 6:20 How I Started Over 7:00 The Encouragement Economy (New Book) 7:57 Rebuilding Community & Season 2 8:55 A Message If You’re Waiting to Start   #TeachingMillionaires #RichSmith #BurnoutRecovery #MentalHealth #EncouragementEconomy #WhyIShutDownMyChannel   ⚡️ Connect with Rich: ▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 📱 Follow on Instagram: https://teachingmillionaires.com/instagram ✖️ X: https://teachingmillionaires.com/twitter 📘 Facebook: https://teachingmillionaires.com/fbgroup 🌐 Website: https://teachingmillionaires.com 🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 🎧 Spotify - https://teachingmillionaires.com/spotify-podcast   👥 About Rich Smith: Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.   📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

I Made $6.77. It Changed Everything

I made $6.77 from YouTube. That tiny amount changed everything - my career, my family's future, my entire life trajectory. This is the real story of how a full-time teacher recording videos in his kitchen built something that transformed everything. From staying up until midnight editing while teaching full-time to helping thousands of families build wealth - this journey taught me that showing up consistently beats being perfect. Sometimes you just need to start, even when you're not ready.   📚 The Encouragement Economy book waitlist: https://pages.teachingmillionaires.com/book   👉 Join our private Facebook community: https://teachingmillionaires.com/fbgroup   ⏱️ CHAPTERS: 00:00 - From Comfortable Teacher to Restless Creator 01:28 - "Who's Going to Learn from a Teacher in His Kitchen?" 02:28 - The 52-Video Commitment & Friend Adam's Support 03:29 - My First $6.77 During COVID Chaos 04:32 - Real Viewer Success Stories Transform Lives 05:53 - What YouTube Taught Me That Teaching Didn't 07:26 - More Success Stories: Teachers & Ranchers 08:29 - The Encouragement Economy Book Announcement   #EncouragementEconomy #EntrepreneurStory #FinancialEducation    ⚡️ Connect with Rich: ▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 📱 Follow on Instagram: https://teachingmillionaires.com/instagram  ✖️ X: https://teachingmillionaires.com/twitter 📘 Facebook: https://teachingmillionaires.com/fbgroup 🌐 Website: https://teachingmillionaires.com 🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast  🎧 Spotify - https://teachingmillionaires.com/spotify-podcast    👥 About Rich Smith: Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.   📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

How My Side Hustle Made Me $1,000,000 (Tax Strategy)

How my side hustle hit $1,000,000 with ONE tax strategy I almost missed. This isn't about get-rich-quick schemes – it's about the boring, profitable move that changes everything. The moment I realized I was leaving $30,000+ on the table every year as a former teacher turned YouTuber. Here's the exact S-Corp election strategy that shifted my entire financial future.   👉 Join our private Facebook community: https://teachingmillionaires.com/fbgroup   💰 Free Tax Playbook: https://pages.teachingmillionaires.com/tax-guide   ⏱️ CHAPTERS: 00:00 The Million Dollar Realization 01:11 Meeting with My Accountant 02:14 The Fear That Held Me Back 03:16 My Son's Disney World Question 04:13 The $30,000 Wake-Up Call 05:38 Making the S-Corp Election 06:35 Crossing the Million Dollar Mark 07:54 Your Sign to Get Serious   #SCorpElection #SideHustle #MillionaireStory   ⚡️ Connect with Rich: ▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 📱 Follow on Instagram: https://teachingmillionaires.com/instagram ✖️ X: https://teachingmillionaires.com/twitter 📘 Facebook: https://teachingmillionaires.com/fbgroup 🌐 Website: https://teachingmillionaires.com 🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 🎧 Spotify - https://teachingmillionaires.com/spotify-podcast   👥 About Rich Smith: Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.   📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

I Called In "Sick" and Never Went Back to My 9-5

🚨 It was 7:27 AM and I was supposed to be at work in 42 minutes. Instead, I called in sick. Not flu-sick ... DONE-sick. After 18 years as a classroom teacher, I finally had my breaking point moment. This is the raw, unfiltered story of the morning I knew I could never go back to the 9-5 grind. My accountant hit me with news that changed everything: "You made more from YouTube than teaching this month." But even then, I was scared to make the leap. What would my coworkers think? What if I failed? Then my friend Corey said something that stopped me cold: "Your problem isn't that you're tired from work. It's that you're exhausted from not doing what you're supposed to be doing." If you've ever felt that nagging voice telling you there's something more out there, this story is for you. Sometimes the scariest leap is the one that leads you home to yourself.   👉 Join our private Facebook community: https://teachingmillionaires.com/fbgroup   ⏱️ CHAPTERS: 00:00 The 7:27 AM Breaking Point 01:26 The System That Broke Me 02:52 My Accountant's Shocking Truth 04:36 The Conversation That Changed Everything 06:33 The Real Reason I Left Teaching 08:07 Your Kitchen Table Moment   #entrepreneurship #9to5escape #entrepreneurlife   ⚡️ Connect with Rich: ▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 📱 Follow on Instagram: https://teachingmillionaires.com/instagram ✖️ X: https://teachingmillionaires.com/twitter 📘 Facebook: https://teachingmillionaires.com/fbgroup 🌐 Website: https://teachingmillionaires.com 🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 🎧 Spotify - https://teachingmillionaires.com/spotify-podcast   👥 About Rich Smith: Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.   📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

$50K Tax Credit 99% of Startups Miss (Get Yours Now)

🚨 MOST STARTUPS ARE MISSING OUT on at least a $50,000+ federal tax credit that could fund their next product launch! If you're building something new, solving technical problems, or have engineers on payroll - you probably already qualify for the R&D Tax Credit. You don't need to be profitable, venture-backed, or even a tech company.   👉  R&D Tax Credit Qualifying Questionnaire: https://randdexperts.com   ⏱️ CHAPTERS: 00:00 The $50K Credit Most Startups Miss 01:08 Why Nobody Talks About This Credit 02:19 You Don't Need Profits to Qualify 02:55 Success Stories: $30K, $81K Real Results 04:35 How to Get Started in 3 Minutes 06:19 The Cash Flow Math That Changes Everything 07:56 Documentation Made Simple 09:02 Building Systematic Innovation   #StartupTaxCredit #RDTaxCredit #StartupFunding   ⚡️ Connect with Rich: ▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 📱 Follow on Instagram: https://teachingmillionaires.com/instagram ✖️ X: https://teachingmillionaires.com/twitter 📘 Facebook: https://teachingmillionaires.com/fbgroup 🌐 Website: https://teachingmillionaires.com 🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 🎧 Spotify - https://teachingmillionaires.com/spotify-podcast   👥 About Rich Smith: Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.   📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.