Ramit Sethi: The $3 Decisions Don't Matter, It's The $30,000 Decisions That No One Talks About

I'm in Tokyo, Japan, and I got to sit down with Ramit Sethi — author of the New York Times bestseller I Will Teach You To Be Rich, host of the Netflix show How To Get Rich, and one of the most trusted voices in personal finance and wealth building today. Ramit has spent over 20 years helping people get rich — not with get-rich-quick schemes, but with a system that actually works. And his take might surprise you: starting a business isn't always the fastest path to financial freedom. Sometimes the smarter move is keeping your job, investing consistently in index funds, and letting compound interest do the heavy lifting. In this conversation, we get into how Ramit built his wealth from scratch — from pizza maker and soccer referee at 14 to a multi-million dollar online business. We talk about when to start a business, when to stay in your career, how to invest as an entrepreneur, and what your "rich life" actually looks like before you start chasing it. We also play a game called Scam or Legit, where Ramit gives his honest verdict on supplements, real estate courses, NFTs, AI passive income, and more. Topics we cover: - How to get rich without starting a business - When entrepreneurship is the right path (and when it isn't) - How to invest as an entrepreneur and why most founders get this wrong - The rich life framework and how to define yours - Why saving money on coffee won't make you wealthy - How to build a business that runs without you - What 20 years of money advice has taught Ramit — and what he's changed his mind on If you're building a business, thinking about starting one, or just trying to figure out what to do with the money you're making, this one is worth your time. Check out Ramit's Netflix show *How To Get Rich*, his podcast *Money for Couples*, and his books *I Will Teach You To Be Rich* and *Money for Couples* — all available now. #ramitsethi #howtobefrich #financialfreedom #entrepreneurmindset #100MBAShow Links Email me here: Omar@100MBA.net Send your questions here: https://100mba.net/q Follow Omar: https://www.youtube.com/@100mba https://www.instagram.com/omarzenhom/ https://www.facebook.com/ozenhom https://www.tiktok.com/@theomarz https://www.linkedin.com/in/omarzenhom/ https://x.com/TheOmarZenhom Follow Ramit Sethi: https://www.iwillteachyoutoberich.com/ https://www.youtube.com/@ramitsethi https://www.instagram.com/ramit/ https://www.linkedin.com/in/ramitsethi https://www.facebook.com/IWT/ Money For Couples Podcast Spotify: https://open.spotify.com/show/11ktWYpzznMCpvGtXsiYxE?si=3e0be0f2be014bb1 Apple: https://podcasts.apple.com/au/podcast/money-for-couples-with-ramit-sethi/id1577864998 Timestamps: 00:00:00 How Ramit Sethi Actually Got Rich 00:06:27 How to Start an Online Business From Scratch 00:14:19 How to Reinvent Yourself in Business 00:20:49 Should You Start a Business or Stay in Your Career? 00:28:17 Does Money Buy Happiness? 00:36:03 Scam or Legit? (ft. Ramit Sethi) 00:44:05 How to Build a Business That Runs Without You 00:59:22 Why Saving Money on Coffee Won't Make You Rich 01:05:01 Why Entrepreneurs Are Bad at Investing Their Own Money Ramit Sethi - Is Starting A Business Really The Best Way To Get Rich? | $100 MBA Show ep. 2776