Shadowing Practice: Asking Billionaire Women How They Got RICH! - Learn English Speaking with Video
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Excuse me ma'am.
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Ma'am, question for you.
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How old were you when you became a millionaire?
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I'm not a millionaire.
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No?
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No, I'm a billionaire.
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You're a billionaire?
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Yes.
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How did you become a billionaire?
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I run a tech company.
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You run a tech company?
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Yes.
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How long have you been a business owner?
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So I left Wall Street in 2013.
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You were on Wall Street?
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Yes.
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My job was to keep rich people rich for a living.
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So what was the most amount of money that you made in a single year?
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A billion dollars.
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A lot.
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Give me a range.
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1.2 billion dollars.
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1.2 billion?
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Yes.
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Are you a billionaire?
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That makes me a billionaire, yes.
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Absolutely.
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I mean the bank accounts are billionaires and the homes are billionaires.
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Absolutely.
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So where do the wealthiest people put their money?
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I want you to think about the richest people that you've ever met.
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Okay, so here we go.
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80% of their money typically.
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As a billionaire, what's the best financial advice you would give to the younger generation?
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If you want to start your own business.
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Your last message to the younger generation trying to become a billionaire in today's world.
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I'm about to do something insane, guys.
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I'm about to interview some of the richest women in the entire world, including Sarah Blakely, the youngest self-made female billionaire in the entire world.
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And I'm not kidding.
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Right now, I am standing in Beverly Hills, one of the richest zip codes on the planet, and I'm going to be going around to find some of the richest women
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that live here to figure out how they built their fortunes.
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But we're just getting started, you guys.
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Because after this, I'm going to be flying across the country to Atlanta to go meet
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and interview one of the richest female billionaires on Earth to figure out how she turned just $5,000 into a billion-dollar empire,
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making her the youngest self-made female billionaire in the world
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so this video is about to be insane from start to finish
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so stay tuned until the end with
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that being said let's go meet some
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billionaires excuse me ma'am ma'am yes
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question for you i'm going all over beverly hills asking people
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how did you get rich worked hard what line of business are you in film Producer, director, what are you doing?
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Producer.
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What was your most proud accomplishment in the film industry?
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Probably amassing almost $2 billion in revenue, and now I gotta go.
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I'm so sorry.
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Are you a business owner?
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Real quick, can I show you my channel?
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That way you can see it.
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You guys, I could not get the game from her, but she said doing $2 billion in revenue.
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That's just to put in perspective for you the kind of women, the kind of people that are out here that we're gonna be running into on these streets of Beverly Hills.
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I wanted that one bad, but we couldn't get it, you guys.
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But I know that they're out here, and I am not gonna stop until I get a billion dollars worth of game for you all.
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Come on.
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Excuse me, ma'am.
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How did you get rich?
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How did I get rich?
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Yes.
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Working really, really hard.
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And what line of business?
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Are you a business owner?
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Finance.
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You were in finance?
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On Wall Street or what?
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That I can't tell you.
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Wait, so real quick.
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I grew a channel of 17 million followers.
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I've been interviewed 25 billionaires in the last four years, like Mark Cuban, Michael Rubin.
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I asked successful people how they made it for the younger generation.
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So I wanted to ask you, if there's one piece of financial advice that you learned throughout your career that you could instill in the younger generation, what would that be?
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Invest in things you understand.
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Like what?
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What was that for you?
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What was the best vehicle?
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Real estate.
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Did you like residential or commercial?
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What did you like?
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Residential.
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Why is that?
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Because the timing was perfect for it.
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And when did you buy real estate primarily?
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This goes back to the 90s.
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What's the best city to buy real estate in today's world?
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Oh, LA.
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Anywhere where there's coastal properties.
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A lot of people like red states.
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Well, of course, because of politics.
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So red states obviously are better because of the tax breaks.
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Did you ever own a business?
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Yes.
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What was the biggest issue you had?
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A billion dollars.
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A billion dollars?
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Yes.
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Are you serious?
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Yes.
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business?
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No. Nobody doubted you?
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No. Why not?
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Somebody that did cost them a lot of money.
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So it's safe to say that it's not a smart idea to bet against you?
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Absolutely not a good idea.
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Yeah.
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Absolutely not.
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Listen, all is fair and I believe in doing things fairly
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and that business can be a win-win for anybody
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but you should never get in a situation where you think that somebody else is not worthy of whatever.
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Everybody deserves a break and a chance to prove themselves in business.
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What was the biggest challenge that you face running companies?
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Because it's hard.
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You have to you boys why it was hard to get them why
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because employees you have to hire people
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that you trust men are linear they're direct they're clear thinkers
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they're easy to take care of women are emotional difficult to do business with
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so did you hire a lot happens to be the truth
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so did you not hire a lot of women employees then
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no why are you serious yes I'm serious even as a boss woman yes you hire women
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that have men's instincts for business you mentioned buying real estate
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did you buy a lot of real estate yes you did yes With each of your properties, did you have an LLC for each property?
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Yes.
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How many LLCs do you own?
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Over 50.
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Over 50 LLCs?
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And how important was that?
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Oh, it's critical.
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I mean, here's the thing.
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An LLC is a veil of protection and everybody should understand their taxes.
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It will serve you for the rest of your life.
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For every business that I've started and every property that I've acquired starting this year, I've been using an LLC.
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Super smart.
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The company I used to start my business and buy my properties was called Busy.
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I started my LLC through them and it was one of the smartest decisions because it protects you.
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I'm going to look at busy.
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You said you're 62 today.
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Yes.
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If me and you die tomorrow and you had one more message for the younger generation, what would that be?
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Live while you're alive.
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What's that mean?
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Enjoy your life.
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Guys, we just interviewed, I think, a billionaire out here in Beverly Hills.
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And did you hear what she said?
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For every one of her businesses, for each one of her real estate properties, she has an LLC.
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She's got not one, not two, but 50 LLCs, you guys.
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That is insane.
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And that should tell you something because, look, billionaires, they don't leave anything up to chance.
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They structure everything
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because the right entity protects their personal assets saves them a ton of money on taxes
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and sets them up to scale And that's exactly why I used busy
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when I was starting out
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and it helped me build a multi-million dollar business They make
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it insanely easy to start a business you guys whether it's an LLC
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or an escort You can literally get everything handled in like under 10 minutes
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and it's super affordable It is way cheaper
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and way easier than trying to go hire a super expensive lawyer
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or an accountant to set up your business
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So guys trust me on this stop what you're doing be like the smart entrepreneurs be like the rich entrepreneurs
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and use busy to set up your business today all you
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have to do is go down to the link in the
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description of this video to start your business to be busy today
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but with that being said let's get back to the video all right you guys
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so we're at our next spot out here in beverly hills
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and a maybach just put up to the valley out here
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so i'm gonna go up
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and see what they did to get rich let's go see
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who it is you guys come on excuse me ma'am ma'am question for you how old were you
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when you became a millionaire I'm not a millionaire.
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No?
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No, I'm a billionaire.
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You're a billionaire?
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Yes.
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Are you actually?
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Yes.
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How did you become a billionaire?
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Well, working hard, shaping eyebrows.
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So you're in the beauty business?
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Yes, I'm in the beauty business.
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I own a company called Anastasia Beverly Hills.
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Are you serious?
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Yeah.
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How long have you been a business owner?
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Wow, I started in 1997. Are you self-made?
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Yes, totally.
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So you don't come from a lot of money?
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No, I came here from a communist regime from Romania, and I didn't speak the language.
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I didn't have any money.
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I didn't know anyone and I really believed in eyebrows.
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I go all over the world interviewing billionaires to help the younger generation.
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Can I get a minute with you for the channel real quick?
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Absolutely.
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Did you take on a lot of investors?
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No, I mean, when I sold in 2018, I didn't have, I own 100% of the company.
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Are you serious?
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Yeah.
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How much did you sell for it?
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The company was evaluated of 3 billion.
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Nobody believed in eyebrow business.
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Did you have anybody that doubted you in business?
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Oh, absolutely.
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The landlord that I wanted to rent the space, the bank didn't want to give me a credit card everybody my own husband didn't believe
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that this will be a business why didn't you listen to anybody else you know why
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because i really believed it i really believed
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that eyebrow is such an important feature in our face
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and i fixed my own eyebrow this is how everything started i had pencil thin eyebrows in the 80s
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that was the fashion as a billionaire what's the best financial advice you would give to the younger generation
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if you want to start your own business watch the cash flow EBITDA is everything.
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It's all about the profits.
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Don't start spending money left and right.
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When I started, I was driving a beat-up car that I spent $200, okay?
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And it didn't matter if my daughter thought
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that I couldn't drive her to school because the kids would make fun of her or my clients.
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They didn't make fun, but you know, the perception of people like, oh, I have to fit in with everybody else.
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I didn't care.
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I had bigger goals and it was important for me to save every penny to put into my business.
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And for many years, this is what I did.
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Every money I will generate, I will put back into the business.
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So you just kept reinvesting?
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That's it, yes.
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I didn't buy cars.
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I worked non-stop, so I didn't have even time to spend the money I was making.
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Now, when you started to generate cash flow and reinvest in the business, how did you scale?
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You have to scale to produce more products to widen the distribution
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and of course you start learning the business slowly you make a lot of mistakes i made many mistakes
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but you learn from your mistakes
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and the key is to never make the same mistake twice social media right now
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because you asked me how i scale my daughter
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that worked with me
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and we used to travel to promote the products in 2012 she came to me
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and said mom maybe we'll get into this app called instagram
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and we don't need to travel that much
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and i said okay let's try let's see anybody else like
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i don't believe it i don't want like absolutely anything i will try anything
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so we start posting pictures of our products and it went viral
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and this is how we start sending products to some makeup artists
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or women and men that love products and our makeup
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and they used to do tutorial on youtube or pictures for instagram
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and we're the first beauty brand having a presence on Instagram
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and this is how we scale it's exploded the company
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so social media it changed the game for you change completely the game
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so you always have to be alert don't sit here
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and do the same business
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that you did 20 years ago you have to adapt you
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have to pivot business changes every day right now with AI
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I'm looking into I want to learn more I want to
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implement AI as much as I can in finance in product development in distribution everything You've already built a billion dollar company.
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You've became a billionaire.
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Are you still motivated to keep on going?
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Oh, I work like I can pay my rent next month.
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So you're working like the rents do?
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Oh, yes.
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Yes.
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Like, I love it.
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I love what I do.
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I don't even feel like I work.
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And that's the key, actually.
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I find that I'm more successful, that I have a purpose every day, me and my daughter.
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Money are great.
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Don't get me wrong.
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I love my whatever I have, what I build.
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I work hard for it.
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But that's not everything in life.
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My family, my clients, my friends.
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Every day I wake up and I love challenge.
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I love to solve problems.
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I'm competitive.
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So I have a great life.
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Does money buy happiness?
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Depends.
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How you define happiness?
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It buys freedom.
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Freedom.
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That's, yes.
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I think money buys freedom.
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Not fulfillment though?
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No fulfillment, no. Absolutely.
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If me and you died tomorrow and you had one more guiding principle to lead with the younger generation, what would that be?
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Oh my God.
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Don't be afraid to start to do whatever your heart is telling you.
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Believe in yourself.
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That's very important.
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And you don't need to be like somebody else.
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I know it's a lot of bullying right now on social media, school for younger people.
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You don't need to be like somebody else.
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You know, it's okay.
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I was skinny in school.
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I was a gymnast.
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I was the last one.
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I was never like everybody else in the class.
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But you know what?
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I used to go to the library.
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I used to read, to do my homework, and be passionate about whatever I was doing.
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And at the end of the day, you take all that and you could build whatever you want.
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You have amazing advice.
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Thank you so much.
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Thank you so much for your time.
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I appreciate you and wish you good luck.
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And everybody else that is watching, believe in yourself, because you could do whatever you want.
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I have to ask you, I connect with all the billionaires I interview.
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Can I get your contact?
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Sure.
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Guys, we just walked up to her.
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What did she say?
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I'm not a billionaire.
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I'm a billionaire.
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And she's a self-made one too.
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Guys, she came from a communist country of Romania.
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Came here to Beverly Hills and built a multi-billion dollar company, you guys.
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She just gave a fantastic interview.
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But the time has now come.
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We're about to leave Beverly Hills and head out to Atlanta, Georgia, to go find the richest woman that lived there
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and meet up with the youngest self-made female billionaire in the entire world.
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So head with us right now to the airport to go fly out to Atlanta.
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All right, you guys, so we just got through security at the Los Angeles airport, and it is time now.
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It's 11 o'clock at night, and we're about to fly out to Atlanta to go meet up with the youngest self-made female billionaire of all time.
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And we're gonna figure out how she built her billion-dollar company, and how you watching can do the exact same thing.
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And since Atlanta's home to more millionaires and billionaires than most cities in the world, we're gonna go see who else we can find in the richest areas in Atlanta.
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So come with us right now to Atlanta, Georgia.
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March guys it is 5 a.m and we just landed in Atlanta Georgia
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and in just a few hours I'm gonna be heading into the richest part of Atlanta
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and Buckhead Village to go find some of the richest women
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that live out here and see
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if we can get their advice on how they built their well
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so stay tuned let's head in
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and go see who we can find excuse me ma'am question for you how old were you
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when you became a millionaire um 33 33 and how did How did you get rich?
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I run a tech company.
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You run a tech company?
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Yes.
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Have you been a business owner?
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I left Wall Street in 2013.
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You were on Wall Street?
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Yes.
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My job was to keep rich people rich for a living.
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I came up with the idea in 2013, but we didn't make our money until 2017 as a business.
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So what was the most amount of money that you made in a single year?
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Just shy of $10 million.
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$10 million?
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Yeah, just shy as well.
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I go all over the world interviewing the richest people to help the younger generation.
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Can I get a minute with you for our channel real quick?
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Sure.
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Have you ever met a billionaire?
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Absolutely.
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I've been to bank accounts with billionaires and the homes of billionaires.
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Absolutely.
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So where do the wealthiest people put their money? their money.
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I want you to think about the richest people that you've ever met.
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Where are they investing their money in today's world?
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That's not talking about a lot.
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Okay, so here we go.
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80% of their money typically is in marketable securities.
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So stocks, bonds, mutual funds, ETF, things like that.
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10% of their wealth is in cash.
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And then the other 10% is in alternative investments.
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Those are the investments that you can't turn into cash quickly.
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So things like real estate, things like private investments that can give you the ability to grow your wealth tremendously over the next five to 10 years.
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But it's all invested.
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Wealthy people do not put their money in cash.
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It's always in something that has a potential to grow their wealth.
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Do they keep their money in the savings account?
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No. Wealthy people put their money to work.
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I think we all have job descriptions.
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Even me running my business, they give their money a job description.
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You cannot save or work your way to wealth.
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You can only invest your way there.
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Did you come from a lot of money?
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No, I did not come from a lot of money.
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I came from a middle-class household, two parents.
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I was the first person in my family to go to college, first entrepreneur, first millionaire in my family.
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You went to Howard?
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I did.
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I grew up right outside of D.C.
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Yes, I did.
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The best HBCU in the world.
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What was your turning point to financial freedom?
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I think one of the biggest things I learned about the 1% on Wall Street, they believe they have power.
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They believe they deserve to be in a room.
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They believe they're supposed to be wealthy.
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Most people don't even believe they deserve a seat at the table.
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Did you ever doubt yourself?
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Absolutely.
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I was the only black female on my floor on Wall Street.
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Sometimes I felt like I wasn't good enough, but in that same moment I knew that I could be a billionaire because I was in that room.
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Are you gonna be a billionaire?
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Absolutely.
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Billion-dollar CEO right here.
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Absolutely.
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Your last message to the younger generation.
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Wealth does not have a color.
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Therefore it looks like you, it looks like me, and it starts in the mind.
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Just Just because you didn't grow up with wealth, just because you may not have a lot of money now, doesn't mean you can't effectively build wealth.
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But the key is ownership.
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You have to create your wealth by owning companies that you know you use and believe in, or create your own business.
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You got amazing advice.
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Thank you.
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I appreciate that.
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I have to ask you, I connect with all the millionaires that I interview.
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Could I get your contact?
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Absolutely.
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Guys, she made $10 million in a single year.
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She started off on Wall Street, left, and built a multi-million dollar tech company, you guys.
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She just gave a phenomenal interview.
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My favorite part was when she broke down what the richest people in the world, the billionaires, do with their money.
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And I just got to say, you guys, you don't find this information in school or any of these online courses, you guys.
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Only here at the School of Hard Knocks.
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But as you guys know, we got to keep this one rolling because we got to keep going to find the richest people in Atlanta, you guys.
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Come on, Arch, you guys.
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The time has now come.
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We're going to be heading out to go try and meet and interview the legendary, the youngest self-made female billionaire in the entire world,
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Sarah Blakely, at an event that's being held about an hour south of Atlanta, Georgia, you guys.
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We're gonna show up and see if we can actually get to her
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and interview her for our channel you guys I've interviewed like 25 plus billionaires
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But she would be one of the craziest ones
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that I've ever done being that she's one of the only self-made woman billionaires you guys
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So we're gonna go do our best to try
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and get this interview for you guys and go get a million dollars worth again All right, you guys, so we just got to our destination We're gonna be walking
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over right now to go meet up with an interview the
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legend Sarah Blakely to go figure out how to become a billionaire Come on Hello How are you?
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Hi!
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Hi Sarah.
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How are you?
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Good, it's great to meet you.
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Congratulations on this whole movement and you know success that you've had.
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Thank you so much.
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Stopping people and asking them cool advice.
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We appreciate that.
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Yeah, it's been a lot of fun.
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We get to meet amazing people like you so it's all worth it for sure.
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Your story's been super inspiring to just learn about
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and this is what I've been wanting to do for a couple years now
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so I'm glad that we get to tell it to our audience as well
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and you've had an amazing journey so I know that they're looking forward to it.
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My only request is that no holding back.
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We're going to give them the secrets right now and what it takes to build a billion dollar brand.
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Okay.
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Can we do that?
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Well, let's do it.
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Perfect.
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I got all the secrets.
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Who am I here with today?
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Sarah Blakely.
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And for those that don't know, what was your business?
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I make butts look better.
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My business was Spanx.
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You're the founder of Spanx.
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I'm the founder of Spanx.
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What was the most amount of money that you made in a single year?
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A lot.
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Give me a range.
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Hundreds of millions.
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Hundreds of millions of dollars?
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Yeah.
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And did you sell your company?
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I did.
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For how much?
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I sold it for $1.2 billion.
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You sold your company for $1.2 billion?
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Yes.
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Are you a billionaire?
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That makes me a billionaire, yes.
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For the ones that don't know, did you have a lot of money when you started your business?
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No, I had $5,000 that I had saved myself from selling fax machines door to door for seven years.
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Do you guys know what a fax is?
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I sold them and I saved my money.
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Was it easy to get people to invest in your company?
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It was so easy for me to get investors.
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You know why?
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I'm the only investor.
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You never took on investors?
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I never had a single investor in Spanx other than me.
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Are you serious?
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I'm serious.
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Self-funded the entire 21 years.
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Are you serious?
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I'm serious.
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So it was really easy to get an investor.
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I sat down with myself and I was like, do you want to spend your five grand on a vacation or do you want to try to bet on yourself?
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And you bet on yourself.
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And I bet on myself.
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So you don't think people should look to give their company away and give that ownership away to other people?
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Listen, whatever you give away in your business, you have to be very willing to give up.
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You give up control.
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You got to control.
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You got to make all the shots.
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Yeah.
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I mean, I literally had no investors.
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I got to answer to my own intuition, which I really honored throughout the whole journey.
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I always pay attention to intuition over data.
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And I don't think investors really understand that.
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So that worked in my favor because intuition is not on a spreadsheet.
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Did you face a lot of rejection?
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Did I face a lot of rejection?
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I sold fax machines for seven years door to door.
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Rejection is my middle name.
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I actually got rejected so much, people would rip up my business card in my face and they would escort me out of buildings.
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So by the time I started Spanx, rejection I knew was just part of the formula to success.
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Totally unfazed by rejection.
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In fact, the more I would get rejected, I'm like, oh, I'm closer to my yes.
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What was the craziest thing that you did as a business owner when you were starting out?
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Oh my God, where do I start?
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Well, definitely when I landed Neiman Marcus, which was such a prestigious retailer.
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I got a chance to be in one pocket in the store of the whole hosiery department.
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You know, Spanx was between like Donna Karan and Calvin Klein
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and all these huge brands and no one had heard of Spanx.
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So I took bins that I bought at Office Depot and stuck them at every cash register in the store, which is so not okay.
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Neiman Marcus has a very strict visual apartment, but everybody thought somebody else approved it.
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So I was trying to get the product out of the sleepiest corner of the store
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and move it around to where the customers actually were.
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So you have to do whatever it takes to really become successful.
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Absolutely.
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You do whatever it takes.
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And I always say, ask for forgiveness, not permission.
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I love that.
522
Everybody started buying it like crazy.
523
And by the time they figured out no one had approved that I could do that, the CEO of Neiman said, whatever this girl is doing, let her keep doing it.
524
So it's safe to say that nobody's going to run your business like you are, the business owner.
525
Yes.
526
I saw in a video that you did recently
527
that you think people should wait to talk about their idea with other people.
528
But there's other people that maybe argue that and say
529
that you need to talk about your business and run it by as many people as possible to get your thoughts.
530
You disagree with that?
531
I disagree with that.
532
I waited a year before I told any friends or family what I was working on, and that's because I didn't want ego to have to get involved too early.
533
When ego gets involved, you end up spending your time defending it and explaining it instead of pursuing it.
534
So I wanted to invest enough of my personal time in creating this crazy idea that I had.
535
I worked at night and on the weekends on it until I knew I wouldn't turn back when I got doubt.
536
And out of love, your loved ones will bring up things.
537
Like my family was like, Sarah, if it's such a good idea, Why hasn't anybody already done it?
538
You know, even if this is a good idea, the big guys will knock you off in six months and you've spent your life savings on it.
539
Had I heard those things the moment that I had the idea, I would probably still be selling fax machines or something else because faxes aren't really around anymore.
540
But it's very true because ideas are the most vulnerable in the moment you have them.
541
And it's also people's instinct to share the idea in the most vulnerable stage.
542
Because you get an idea and you turn to your coworker, your husband, your wife, and you say, hey, I've got an idea
543
and out of love they'll give you a list of like hey maybe you should consider this
544
and i didn't want that to happen
545
so intuitively i waited a year before i sat my family down
546
and they all thought i was crazy they're like wait what
547
this is the idea you've been working on this new type
548
of undergarment i'm like yes it's gonna change the way women
549
around the world get dressed what did you see differently than your family the people
550
that were calling you crazy the way that i saw
551
that it solved my problem with my clothes so all undergarments prior to that were too thick they They were heavy.
552
They were made with thick material.
553
And you could see the underwear.
554
You could see panty lines.
555
I know you've had this problem.
556
But anyway, you could see panty lines.
557
And I wanted a smooth look.
558
And so I thought of pantyhose only because it's like second skin.
559
The material is so lightweight that if I could create an undergarment out of that material, it would be breathable.
560
It wouldn't feel bulky.
561
It wouldn't feel constricting in the way that other traditional undergarments and girdles had.
562
So it really created this whole new canvas for women.
563
And I want to mention that I went into an industry that was in a double-digit decline.
564
And I find that fascinating.
565
A lot of people like to chase trend and where is everybody moving?
566
And I'm interested in like what industries are sort of dying on the vine and why.
567
And hosiery was dying on the vine because fashion had changed, women's styles had changed, and no one was solving the problem.
568
So when I created Spanx, I created a new type of undergarment
569
that didn't exist with the lightest weight material that was second skin in hosiery to go under women's clothes and bam,
570
it was like lightning in a bottle and I filled a void that women had been waiting for me to fill.
571
Your last message to the younger generation trying to become a billionaire in today's world.
572
Solve a problem, bet on yourself and have fun.
573
Guys, I need you to stop what you're doing right now
574
and like and subscribe to this channel for tons of incredible content I've got coming very, very soon because nobody is interviewing these kinds of people.
575
Nobody's making content like this.
576
Guys, I'm 23 and I've interviewed over 25 billionaires and I've got more coming to you every single week the craziest, the most amazing business owners in the entire world.
577
And I need you to do yourself a favor.
578
I want you to go down
579
and click the link in the description of this video to
580
become a member of the number one most powerful community for entrepreneurs in the entire world, the School of Mentors.
581
And inside of this community, you get direct access to the multimillionaires and the billionaires that I interview on this channel every single week, where you get to ask your questions directly to multimillionaires and billionaires,
582
just like Sarah, where they give you actionable advice on how to build your first million dollar and maybe billion dollar business.
583
So I can't wait to see you on the inside.
584
Just go down to the link in the description of this video.
585
With that being said, I'll see you in the next video.
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Vocabulary and speaking notes for this lesson
This B2 speaking lesson is built on the video “Asking Billionaire Women How They Got RICH!”. This video has 585 sentences and 5427 words to shadow. The speech runs for 23:03. The speaker talks fast, about 235 words per minute, so expect linked and reduced sounds. 85% of the words are among the 3,000 most common in English; the rest is worth studying before you start. 117 of its 585 sentences are questions, so it is good practice for question intonation and short answers.
Key vocabulary in this video
The 15 most advanced words in the video, with pronunciation and meaning:
| Word | Pronunciation | Meaning |
|---|---|---|
| billionaire noun | /ˌbɪl.jəˈnɛɚ/ | Somebody whose wealth is at least one billion (10⁹) currency units (usually understood to exclude holders of hyperinflated currencies). |
| millionaire noun | /ˌmɪl.i.əˈnɛə(ɹ)/ | Somebody whose wealth is at least one million (10⁶) currency units (usually understood to exclude holders of hyperinflated currencies). |
| investor noun | /ɪnˈvɛs.tə(ɹ)/ | A person who invests money in order to make a profit. |
| eyebrow noun | /ˈaɪˌbɹaʊ/ | The hair that grows over the bone ridge above the eye socket. |
| undergarment noun | /ˈʌndɚˌɡɑɹmənt/ | Any garment worn underneath others, especially one worn next to the skin; an item of underwear. |
| rejection noun | /ɹɪˈd͡ʒɛkʃən/ | The act of rejecting. |
| youngest adjective | /ˈjʌŋ.ɡɪst/ | Most recently begun or formed. |
| entrepreneur noun | /ˌɑn.tɹə.pɹəˈnɝ/ | A person who sets up a business; generally, a person who owns and manages a business and assumes its financial risks. |
| hosiery noun | /ˈhoʊʒəɹi/ | Undergarments worn on the legs, such as socks, stockings, and pantyhose. |
| intuition noun | /ˌɪn.tjuːˈɪʃ.ən/ | Immediate cognition without the use of conscious rational processes. |
| fulfilment noun | /fʊlˈfɪl.mənt/ | The act of fulfilling or the state or quality of being fulfilled; consummation; completion; realization. |
| multimillionaire noun | A person whose net worth is multiple million dollars, pounds, euros or some other currency. | |
| panty noun | An article of clothing worn as underpants by women. | |
| reinvest verb | To invest again, give another investment. | |
| vine noun | /ˈvaɪ̯n/ | Any plant whose stem requires support and which climbs by tendrils or twining. |
Phrasal verbs you will hear
| Word | Pronunciation | Meaning |
|---|---|---|
| figure out verb | To come to understand; to discover or find a solution; to deduce. | |
| give up verb | To surrender (someone or something); to inform on (someone). | |
| set up verb | /ˌsɛt ˈʌp/ | To make ready for use. |
| start out verb | To emerge suddenly; to jump out. | |
| beat up verb | To give a severe beating to; to assault violently with repeated blows. | |
| break down verb | To stop functioning. | |
| bring up verb | To mention. | |
| come up with verb | To manage to produce, deliver, or present (something) by inventing, creating, thinking of, or obtaining it. |
Sentences worth repeating
Short, complete lines from the video that you can reuse in everyday conversation:
- How old were you when you became a millionaire?
- How did you become a billionaire?
- You run a tech company?
- How long have you been a business owner?
- Are you a business owner?
Grammar in this video
The structures the speaker uses most, with the exact words from the video:
| Structure | In the video |
|---|---|
| “Used to” used to + verb — a past habit or state that is no longer true | used to travel · used to do · used to go |
| Present perfect continuous have/has been + -ing — an action that started earlier and is still going on | I've been using · I've been wanting · you've been working |
| Present perfect have/has + past participle — a past action that still matters now | have you been · you've ever met · I've been interviewed |
| Passive voice be + past participle — the focus is on what happens, not who does it | being said · I've been interviewed · was called |
Pronunciation to watch
The speaker uses 144 contractions and reduced forms, such as I'm, don't, didn't. Say them the short way, as you hear them.
- The “th” sounds: breathable /ˈbɹiːðəbəl/, thinker /ˈθɪŋ.kɚ/
- The “sh” and “zh” sounds: rejection /ɹɪˈd͡ʒɛkʃən/, hosiery /ˈhoʊʒəɹi/, intuition /ˌɪn.tjuːˈɪʃ.ən/, actionable /ˈæk.ʃə.nə.bəl/, spreadsheet /ˈspɹɛd.ʃit/
- Long words — get the stress right: millionaire /ˌmɪl.i.əˈnɛə(ɹ)/, undergarment /ˈʌndɚˌɡɑɹmənt/, entrepreneur /ˌɑn.tɹə.pɹəˈnɝ/, intuition /ˌɪn.tjuːˈɪʃ.ən/, actionable /ˈæk.ʃə.nə.bəl/
How to practise with this video
- Listen to the whole video once without speaking and note the words you do not know.
- Start at 0.75× speed, shadow it sentence by sentence, then go back to normal speed once it feels easy.
- Record yourself and compare with the original, paying attention to words like billionaire, millionaire, investor.
What is the Shadowing Technique?
Shadowing is a science-backed language learning technique originally developed for professional interpreter training and popularized by polyglot Dr. Alexander Arguelles. The method is simple but powerful: you listen to native English audio and immediately repeat it out loud — like a shadow following the speaker with just a 1–2 second delay. Unlike passive listening or grammar drills, shadowing forces your brain and mouth muscles to simultaneously process and reproduce real speech patterns. Research shows it significantly improves pronunciation accuracy, intonation, rhythm, connected speech, listening comprehension, and speaking fluency — making it one of the most effective methods for IELTS Speaking preparation and real-world English communication.