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Home  >  Podcast  >  What it Takes to Become a Multi-Millionaire by Age 40 with Jaekyu (Jonathan) Lee
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What it Takes to Become a Multi-Millionaire by Age 40 with Jaekyu (Jonathan) Lee

My Plan to Become a Muliti-Millionaire by Age 40 with Jaekyu Lee
Posted By Man Overseas Posted on March 26, 2023
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I’m always telling my coaching clients: “DO NOT SQUANDER YOUR YOUTHFUL ENERGY”

Nobody has more embraced this ideal—as part of my coaching program—than today’s guest.

Jaekyu Lee, who goes by Jonathan, is a young man I’ve been working with for a little over a year. Watching someone so dedicated to his own personal growth & development has been inspiring and intrinsically rewarding [for me].

His story is nothing short of awe-some. He’s that 1st-generation Asian fella down the hall you’ve never taken the time to ask:

“Hey man, what’s your story?”

Well, I got that opportunity when “J,” as I call him, came down from Dallas a few weeks ago.

We actually recorded in a professional studio, so it may sound a little better than previous episodes.

Here’s that story. There was a sex offender I’d gotten to know over the past several months (and liked). In fact, I liked “Jerome” (not his real name) so much that I offered to be the sales rep for his mobile car washing business.

I was going to dust off the ‘ole blue suit and visit high-rises where I had connections in Houston. I’d see if we could setup on the first floor of the garage. He’d be stationary at 70 years old, and it’d be much more lucrative for him.

Jerome was smart, a great storyteller, and reminded me of Morgan Freeman. Not to mention the crime he committed occurred before I was born.

So I wanted to help Jerome. Plus, I thought he’d be a great guest on the podcast. Such a great guest, in fact, that I rented a professional studio on the day & time we had agreed to meet.

Well, Jerome “went dark” on me a few days before we were scheduled to record. I actually still haven’t heard from him. And I didn’t want to leave the studio’s owner hanging, so I asked J if he’d want to tell his story on my podcast.

He said, “Absolutely!”

Although he was in town visiting friends—I challenged him to a game of pickleball at Lifetime Fitness—loser buys the winner their book of choice (we’re both avid readers).

After J got smoked, getting A Monk’s Guide to Happiness by Gelong Thubten in the mail was like Christmas morning. You see I didn’t tell him what book I wanted—I just sent him a screenshot of the Notes app from my iPhone. I’ve kept a running tab for years of books I plan to get to someday. So I didn’t know what would show up in the mail. But this book is a gamer. Highly recommend! Thanks, J!

Back to my Asian friend who got the dog sh*t beat out of him on the pickleball court. By the way, if he didn’t talk so much sh*t by text the previous week about how he was going to dominate me, this story probably doesn’t even get told. But here we are.

Jonathan’s not your average Asian dude down the hall. His upbringing took him all over the world, spending the first half of his life in three countries.

He was born in Busan, South Korea. His dad, who worked for LG, was transferred to Jakarta, Indonesia, then Monterrey, Mexico, before they finally arrived in the States (El Paso, TX). Jonathan earned his Doctorate of Pharmacy in 2018 from the University of Houston, then completed a 2-year post-graduate residency for the US government.

Today, J works for the government as a pharmacy manager, and holds down another full-time job as a Realtor at Rendon Realty, LLC (I’ve been there—it’s no joke).

J says his passion for reading & financial independence will continue to provide all the fuel he needs to accomplish his goals. He’s up at 4am every morning so he can get to the gym.

What’s his primary goal? To become a multi-millionaire and retire by age 40 (he’s 29 now).

He’ll do it.

Jonathan, whose online moniker is Doctor_RealEstate, is a strong advocate for self-development and passionate about helping other men fulfill their true potential.

Hope you enjoy listening as much as we did recording!

Other topics discussed:
  • South vs North Korea
  • Meeting North Koreans
  • North and South Korea relationship
  • Seoul’s massive population
  • Pressure from parents to be successful
  • Why Jake’s family moved to Indonesia
  • Why Jake thinks corporate life is not for him based on his dad’s coping mechanism to de-stress
  • Going to school in Indonesia
  • Moving to America at age 15
  • Coping with frequent relocation
  • Jake’s identity crisis in El Paso, Texas
  • Calling someone Asian vs Oriental
  • Growing up in a homogeneous community in Houston
  • Why Jake wont go the pharmacist route if given the chance to go back
  • Working at the Veterans Affairs
  • Josh Rogin and Peter Zeihan’s talk about China’s future
  • Where did COVID really come from
  • Forging vaccine cards
  • Long term consequences of vaccines
  • Pfizer’s recurring revenue from boosters
  • Getting our hearts checked for myocarditis
  • Effects of cocaine, heroin, benzodiazepine, and opioids
  • Student loan debt and lifestyle inflation
  • The power of compound interest
  • House hacking
  • Brad’s 2 clients whose debts has been wiped out
  • Working as a real estate agent on the side
  • Real estate challenges that people don’t know
  • Why Brad advises his buyer clients to show up the last 10-15 minutes of the inspection
  • Why Jake got into real instate
  • How Jake met Brad and why he decided to look for a coach
  • Benefit of one-on-one coaching
  • Competing with yourself and journaling
  • Finding the ideal partner
  • Jake’s ideal age for marriage
  • Jake’s favorite social media app
  • Paying for Facebook ads
  • Virtual assistants in the Philippines
  • Jake wanting to meet Jordan Peterson
  • Tesla and Twitter stocks
  • Lack of sleep and testosterone
  • Faith as a common denominator for successful people
  • Life’s challenges and growth
Questions asked:
  • Do people assume South Korea when you say you’re from Korea?
  • Have you ever met a North Korean?
  • Do you take a high level of interest in North Korea?
  • Can South and North Koreans tell each other apart?
  • Did your parents put a lot of pressure on you to be successful?
  • Were you in Busan when you lived in South Korea until age 9?
  • At what age did you move to Indonesia?
  • What sort of business did your father open up in South Texas?
  • Did you ever think you were going to do what your dad did when you were growing up?
  • Did you go to Bali while you were there [in Indonesia]?
  • Did you go to a Korean-speaking school or did you have to learn the language?
  • At what age did you come to America?
  • How did you feel about leaving your friends every four years?
  • Which part of the US did you come to?
  • Have you experienced any discrimination?
  • If you were 18 years old and continuing your education, would you go the same route [as a pharmacist]?
  • Did your parents dictate your route [to be a pharmacist]?
  • Do you have any thoughts on COVID and whether or not that came from a lab or from a bat in the wild?
  • Did you see that interview with Damar Hamlin?
  • Do you recommend as a pharmacist that we get our hearts checked to see if we may have myocarditis?
  • How much school debt did you finish with?
  • What was your starting salary as a pharmacist?
  • Are you paying the minimum on your school debt or are you trying to accelerate payments on that?
  • Have you ever met anybody famous in your life?
  • What else do you do [aside from being a pharmacist]?
  • Why is being a real estate agent more of a culture shock for you than coming to the US for the first time?
  • What made you decide to look for a coach?
  • What has been the biggest benefit of having a one-on-one coach that you speak with weekly?
  • Describe to me your perfect type of woman.
  • If I were married to a woman who weighed 195 pounds and I was out of shape myself, would you have hired me as your coach?
  • At what age are you getting married?
  • How do we know how many views our Facebook ads are getting?
  • Why are you not buying Twitter stock?
  • Do you have a car payment right now? Is that your only debt besides the school loan debt?
Fun questions:
  • Which is your favorite social media app?
  • Have you ever bought an app?
  • If you could meet one person, who would it be?
  • If I gave you $100,000 and told you to invest it in Spotify, Apple, or Tesla, where would you put your money?
  • If I gave you tickets to a live comedy show by Eddie Murphy, Chris Rock, Dave Chappelle, Bill Burr, or Louis C.K., which one would you pick?
  • Eddie Murphy, Bill Burr, or Louis C.K.?
  • What’s the most you’ve ever gambled and lost?
  • What’s the most you’ve ever gambled and won?
  • Why do you think young guys now have less testosterone than they used to?
  • Do you have a bucket list?
  • If you had to live for the next 90 days in one place, where would it be?
Listen here:
https://www.manoverseas.com/wp-content/uploads/2023/03/jaekyu-lee-full-episode-drive.mp3

 

Books mentioned:
  • The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley
  • The Millionaire Mind by Thomas J. Stanley
Connect with Jake:
  • Facebook: Jaekyu Lee
  • Instagram: @doctor_realestatetx
  • TikTok: Doctor_RealEstateTX
Previous Article Surviving a Tsunami in Thailand, Why Women Want a Dominant Man & Three Stocks to Buy and Hold with Benjamin Wall
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Hi there! I’m the Man Overseas, a thirty-something-year-old from Houston, TX, who in 2015, took a year-long sabbatical from a lucrative sales job in the States to travel the world on passive real estate income.
After one year abroad, I discovered the FIRE (financial independence retire early) community, and have since become a proverbial card-carrying member.
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