Hey, everyone, welcome back to another video.
In today's video, I'm going to be sharing
the seven habits that have highly contributed
to me becoming a multi-millionaire in my 20s.
These are seven truly simple habits that are not hard
to integrate into your life, and once you start doing them,
you should see quite a drastic change.
I personally learned of these habits
by reading tons of different books
and interviews and podcasts from very successful people,
and once I understood why they make such a big difference
in your life and how they contribute
to you becoming a millionaire,
it made a huge difference for my own life.
So without further ado, let's go ahead
and get straight into the first habit.
The first habit that made a huge difference
in my life and led me to become a millionaire is reading.
Now, I know a lot of people say you should read more
and you're going to learn a lot,
but I'm not going to be cliche in this video.
I'm going to give you the cold, hard facts
as to why this helps so much.
The main thing to understand and the thing
that made a big impact on my life
is that the only difference between millionaire people
and people who are living in poverty is their mindset.
There have been countless stories
of people going from poverty to becoming extremely rich,
and that's simply because they changed what they believed.
The reason that I recommend reading so much
is because you can see what someone else did
and that allows you to believe that that's actually possible
and that's going to change your mindset.
Keep in mind, the people that write some of these books
are people that have been extremely successful in their life
and now they're getting into the later years of their life
and they're just trying to give back,
wholeheartedly trying to give information
for free to help people as much as possible.
Once you've reached this level of success
and you have more money than you know what to do with,
it becomes more fulfilling to help other people get started
and get on the right track than it does for you
to take your business to the next level
to make more money that you have no use for.
My personal recommendation for you, one of my favorite books
that is exactly what I'm talking about here,
is a book called Tribe of Mentors by Timothy Ferris.
Essentially what Tim Ferriss did is he interviewed a ton
of really successful people and asked them a series
of questions that are really helpful questions
to know the answers of, and in this book,
you get all of the answers from hundreds
of different people very quickly.
You don't have to read a long book to get that just
from one person.
All right, moving on to the second habit
that contributed to me becoming a millionaire,
and that is developing and working on a high-income skill.
This is something that I learned
from other really successful people, is that,
in order to make a million dollars or more,
that is a large sum of money, you're going to have
to have a special skillset that people are seeing
as high value and that's why they're going to pay you a lot
of money for it.
If you just have run-of-the-mill skills,
it's going to be really hard for you
to reach that crazy amount of income
because you have to remember, the amount of money
that you make is in relation to the amount of value
that you are delivering to someone
or some business or the world in general.
Income is related to value.
So what I focused on was figuring out
what skills I had that were high-income skills
and working on mastering them.
Now, if you look at this very generally,
there are a ton of different high-income skills
that you can have or you can focus on.
Me personally, that would be online marketing,
graphic design, copywriting, video editing, web design,
and search engine optimization.
As you can see, I didn't focus
on just one high-income skill, and I think that contributes
to why I was able to make so much money
in such a short amount of time.
I literally stacked multiple high-income skills,
worked on mastering all of them, and then combined them all
to deliver as much value to the world as possible.
The third habit that had a really big impact
on me becoming a millionaire
was developing an abundance mindset.
Now, I know you may have heard of this before
in the whole believe it to achieve it, the secret,
all of those kinds of things.
And although there may be some merit to that,
I don't believe in it to that level.
The way that I believe in it
is from a book called Think and Grow Rich.
And essentially, there's two different mindsets
that are explained in this book.
There's a scarcity mindset and an abundance mindset.
And what the book goes on to explain is that,
in order to actually achieve that crazy amount of income
or the million dollars or some crazy goal you're setting
for yourself, you have to truly believe it
in your own mind that it's actually possible.
Now, I know people just say this and it goes in one ear
and out the other, but if you're not actually believing
that it's possible and you're having your own doubts
in your mind, then you're probably never going
to actually achieve it.
So just to keep it as real as possible with you guys,
if you're reading this in a book like Think and Grow Rich
or Psycho-Cybernetics, which is another good one
that talks about this, it may still be hard to talk yourself
into believing that you can do something
that's a crazy goal.
So the really easy habit
that you can start implementing here is to get yourself
around people who are already where you want to be.
Just by talking to these people and seeing
that it's actually possible to accomplish what you want
to accomplish is going to make you realize
that you can do it yourself.
Now, the fourth habit that really helped me become
a millionaire is what I like to call dumb persistence.
Now, I'd never heard anyone give this advice before,
but this has made a massive impact
on leading me to make a ton of money.
And essentially, what this is is to not think realistically.
When you set a crazy goal like I wanna make $1 million
in the next two years, that is not realistic.
For the vast majority of people, that will never happen
and they're never even going to attempt it.
However, the big key here is that, when you set that goal,
the mind cannot even comprehend it.
It really can't comprehend that you're going
to make a million dollars in the next two years
when you may only have $1,000 in your bank account
for the last 10 years' time.
However, if you just set that goal, you truly believe it,
and then you start taking those action steps towards it
and you keep your head down, enjoy the ride,
and just kind of be dumb and ignore all the things saying
it's not going to work, when you flash forward
a couple years, you're going to lift your head up
and be like, I don't even know how this happened
but it did.
That's why you will achieve these crazy goals.
The fifth habit that I developed
to help me become a millionaire was to be lazy.
Now, I know this sounds extremely counterintuitive,
but allow me to explain this one.
There was a story that I heard a while ago
which kind of led me onto this idea,
and the story went something to the effect of,
when you are interviewing people to hire at your business,
you may wanna hire the lazy person.
And the reason is because that person is going to be so lazy
that they're going to find a more efficient
or more optimized way of doing their job.
As you start to grow your business,
you're going to find out that, at a certain point,
your business is likely just going to plateau
if everything stays the same.
You're not going to be able to push your business past
a certain income level unless you start to think
along these lines of finding what's more efficient,
finding a way to automate things, or finding ways
that take less effort to do the same amount of work.
So the habit that I developed here is that,
at least every couple of months, I go search Google
and YouTube and try to find tools or different things
that can help me in my business
to automate or make things more efficient.
All right, now onto the sixth habit,
and this one's extremely important.
So what this is is being able to turn grind mode on and off.
What I have found out is that this really deep focus
of work, this grind mode, this flow, this hustle,
it is required, you are going to need to work really hard
on your business and you're going to have
to think about it all the time
in order to discover what step is next.
However, having the ability to turn this off
is so important.
If you saw on this YouTube channel about two years ago,
I stopped posting entirely.
What had happened was I was working so hard
on the YouTube channel and I was working so hard
on my businesses behind the scenes
that I didn't have an off switch.
My life was totally out of whack
and I only had on for way too long of a time
and it led to my body just saying we're done.
So what I had to do was then take two years off
to find that balance again and discover that,
if I had just turned that grind mode or that hustle off
for a couple days at a time, my business would still be
where it was, except it would be much more sustainable
for me as the person running it.
All right, and the seventh and the last habit that I have
for you that helped a ton in becoming a millionaire
is to waste money on your business.
The big thing that I learned is that you really
should not be afraid to invest in your business
rather than spending that money on stupid stuff.
You can go out and you can buy a car,
you can buy toys or whatever, but if you take that money
and you invest it into your business,
you will watch your business take off.
Something that you have to keep in mind
but you would only know from experience
is that it only takes one really successful year
in business to change your life financially forever.
So don't be afraid to invest a little bit here
and invest some money here into your business
to try to get that one year that changes your life forever.
Now, the last thing in this video is an eighth habit
that I'm trying to develop right now
and I'd like your guys' opinion on this.
So the habit that I got from Tribe of Mentors,
the book I was telling about you before,
almost every single person that was interviewed
in that book talking about the one most helpful thing
that has helped them become very successful in life
was that they were meditating.
So this is something that I really wanna start getting into
and I'd like to hear your guys' experience on
if this has worked for you, any good recommendations
you have for me, and I really wanna start integrating
this habit into my life and seeing what the outcome is.
So guys, that's it for this video, I hope you enjoyed it,
and I will see you all in the next video.