Tag: millionaire

Millionaire Insider Secrets; 10 Tricks Learned From The World’s Top Entrepreneurs

Are there insider tricks that only the elite entrepreneurs know?

I would say without a doubt, yes.

In the spirit of generosity though, let me share a few insider tricks that are rarely talked about in the entrepreneur magazine and conferences:

1. Marketing trumps all: “Good product and good marketing” don’t beat “decent product and amazing marketing.”

2. You need a real team: Like Bill Gates used to say, “I never did anything alone.”

3. Raising capital should be done in precise phasing: Bringing capital from outside sources is rarely wise right at the beginning. Bring in capital once there’s proof of your concept rocking and rolling with real momentum.

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The Millionaire Entrepreneur

How To Build Something Big.

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The 67 Steps To Become A Millionaire

I have always been fascinated by greatness.

Great athletes like Michael Jordan, great musicians like Bach, great
thinkers like Einstein, great business people like Bill Gates, great humanitarians like Martin Luther King Jr., great religious figures like the Dalai Lama.

What makes them so different from you and me?

That is the question that your success hinges upon.

Can it really be answered or is it just the old causation vs. correlation argument?

Is there a pattern?

I think there is. And since I was 16 year old I have traveled to 51 countries, read thousands of books, and collected the quotes, thoughts, and sayings of those people who were the greatest, wisest, and most intelligent.

Like the Billionaire Charlie Munger says, “I believe in the discipline of
mastering the best that other people have ever figured out. I don’t believe
in just sitting down and trying to dream it all up yourself. Nobody’s that smart.”

This collection of thoughts and sayings of mine has grown over the years.

Today it’s pretty massive.

I have written some on note cards. Some are stored on my old laptops. Some are now in Ever note or Google Docs.

There have been many wise people over the last 8000 years of human civilization.

The collection of their wisdom and findings can be your greatest tool in maneuvering
through the challenges life sends your way.

Because life will throw incredibly hard tragedies your way: Injuries, the betrayal of close friends, the failure of businesses, natural disasters,
the death of loved ones.

You must be cool under pressure.

You must live through it.

You must thrive.

In order to overcome you have to have the mental tools that are freely available to
anyone who is a ‘seeker.’

I have tried to be a seeker.

At some phases in my life I have done this well. At other times I have tried to
do things my way when they pressure came and I had to learn the hard way.

The problem now is that now when I refer back to all the books and quotes and teachings the list has become too long.

I can’t find everything I need, when I need it most.

So not too long ago I set out to narrow the list down from a few hundred concepts down to a more manageable number.

I chose to narrow it down to 67.

That number’s based on some new science by the University College London that found it takes
about 66 days to form a new habit.

So I decided I would add one more for good luck and came up with 67.

67 mental frameworks. 67 new ways to think about life.

Because make no mistake, what makes humans great is their minds.

The solution to your problems lie in your ability to think more clearly.

Thousands of years ago the Greeks taught their children how to think using schools of logic.

For some reason that genius educational idea has died out.

And all we are left with is an education system which forgets to puts first things first.

Your first thing must take back control of your mind.

Not let your mind be your master.

These 67 steps are going to do just that.

They help me each and every day.

They have been invaluable to every person I have ever shared them with.

What I am about to show with you will change your life forever.

Use these 67 concepts wisely.

They are not some trite set of inspirational quotes that you see people posting on their
Facebook wall.

They are not all super easy to understand at first.

You will have to think them through.

I have recorded a series of videos to explain these 67 steps to greatness.

It would be too long to explain in just one video.

Some of these 67 steps come from famous people like Bill Gates, Charlie Munger, Martin Seligman, Peter Drucker,
and Gandhi. Some from spiritual thinkers like Shaolin Temple Monks or the Dalai Lama. Others are from my personal mentors like
Joel Salatin who helped me so much. Some are from my own personal experiences. They are from books, videos, and
in person meetings with some of the greatest minds around the globe.

Use them for whatever your end game goal is.

Do you want to be a millionaire or a great artist, musician, painter, actor, model, humanitarian or parent?

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How To Be Wealthy

Disclaimer: Results May Vary

Hey just released the 67 steps to finding health, wealth, love, and happiness.

Forget trying to become a millionaire. Might as well aim higher, because as the saying goes “Shoot for the moon. Even if you miss, you’ll land among the stars.”

Today’s book of the day lets you do precisely that, it’s called: How to be a Billionaire: Proven Strategies from the Titans of Wealth by Martin S. Fridson.

I have read this book more than once. It’s that good.

I am a firm believer in being picky about who you learn from. Because when you first start out, you usually end up a little behind whoever you copy.

If your mentor makes $100,000 a year you’ll probably make $50,000/year in the beginning. If your mentor makes $1,000,000 a year you will end up making $250,000 a year for awhile.

So if you’re going to go through all the trouble of learning – why not go straight to the top and learn from a billionaire – someone who made ONE THOUSAND MILLION DOLLARS?!

The author shares 10 strategies used to create massive, multi billion dollar empires including: consolidation, out managing the competition, buying low, retaining equity, political influence, and more.

In today’s video and article I want to focus on my favorite strategy in the book: the concept of copying vs. innovating.

I am reminded of the quote by Pablo Picasso “Good artists copy, great artists steal.”

One of the biggest mistakes I see new entrepreneurs making is thinking “Hey I have an awesome idea that’s never been done before”.

When I hear that I immediately think, “The fact that no one else has ever done it is a BAD sign, not a good sign.”

It probably means there isn’t any demand.

Sure, there are people who make money with brand new ideas like, Snapchat, Twitter or even Snuggies and the Segway (haha). But if you do the math most billionaires are created using the ‘better mouse trap’ strategy…

….Take an existing idea and improve on it.

In fact, as far as I can tell it’s the THIRD business in every industry that usually makes all the money. For example, Friendster (didnt make any money), then second came Myspace (made decent money), then the third came FACEBOOK (made $100 billion). Same thing with IBM, Microsoft, and Apple. Same thing with airline companies, car companies, and department stores.

It’s a complete myth that coming up with a brand new idea will make you rich.

In reality, the strategy that works is you coming in later and learning from the mistakes of the first innovators.

Bill Gates and Steve Jobs both borrowed most of their ideas from IBM and other little known engineers. Warren Buffet copied Benjamin Graham’s investment strategy to a tee. Kobe Bryant copied Michael Jordan down to the exact way he follows through with his right hand on his jump shot. Mark Zuckerburg copied Tom. Martin Luther King Jr. took ideas from Benjamin Mays. Aristotle built on the earlier works of Plato. Even Einstein used Newtons laws of physics to build his newer, better E=MC2 understanding of the universe.

This copying concept can even be taken beyond learning from other humans. You can learn from Nature and your environment.

So go out and find some ‘giants’ to learn from – stand on their shoulders. Be picky about who you learn from. Only choose amazing mentors, not your buddy or your next door neighbor who you think does pretty well just because he drives a BMW.

Find world changing people, people who will be remembered for centuries, and build off their ideas: Gandhi, Jesus, Freud, Darwin, Oprah, Shakespeare, Michael Jordan, Mandela, Buddha, Steve Jobs, Confucius, Socrates, Stephen Hawking, Warren Buffet, Jack Nicholson…

Remember it’s just as easy to learn from the greatest than from someone average.

Pick and choose from their life story. Make your own special ‘recipe’ from all the amazing things they did and leave out all their mistakes.

Life is short, aim high! Leave me a comment below about who you would like to copy.

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