Arnold Schwarzenegger Made His First $1M Investing

Then I would go to Franco and we would start arguing in German. [foreign language] This would be going on and on and he was screaming back at me in Italian. Then all of a sudden he would calm down and I would go to the guy and say, “Okay, here it is. I could get him as low as $3,800. Can you go with that?”

He says, “Thank you very much. I really think that you’re a great man and blah, blah, blah and all this stuff.”

— Your Host:

Tim Ferriss

with:

Arnold Schwarzenegger

Tim Ferriss

From page 7 of the transcript (see links below):

Tim Ferriss: So the not auditioning is really interesting to me. I knew you were very successful in real estate but, correct me if I’m wrong, you had basically become a millionaire in real estate before your first movie. Is that right?

Arnold Schwarzenegger: Not before the first movie; before my career took off.

Tim Ferriss: Got it.

Arnold Schwarzenegger: I did not rely on my movie career to make a living. That was my intention because I saw over the years the people that worked out in the gym and that I met in the acting classes, they were all very vulnerable because they didn’t have any money and they had to take anything that was offered to them because that was their living. I didn’t want to get into that situation. I felt like if I am smart with real estate and take my little money that I make in bodybuilding and in seminars and selling my courses through the mail orders, I could save up enough money to put down money for an apartment building...

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Tim Ferriss Interviews Arnold Schwarzenegger on Psychological Warfare (And Much More)

Then I would go to Franco and we would start arguing in German. ...and he was screaming back at me in Italian. Then all of a sudden he would calm down and I would go to the guy and say, “Okay, here it is. I could get him as low as $3,800. Can you go with that?”

Podcast cover image for "The Tim Ferriss Show" by Tim Ferriss

Tim Ferriss Interviews Arnold Schwarzenegger on Psychological Warfare (And Much More)

Then I would go to Franco and we would start arguing in German. ...and he was screaming back at me in Italian. Then all of a sudden he would calm down and I would go to the guy and say, “Okay, here it is. I could get him as low as $3,800. Can you go with that?”

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