Hi guys, it's Mark.
So I found the next best investment,
and it's not stocks,
real estate, or even crypto!
Today, I'm gonna be talking about the fast track to success
that almost every single millionaire has followed.
Look, I've seen the comments.
Most of you don't wanna invest in the stock market,
and finally become a millionaire
when you reach a ripe old age of 67.
But the reality is you don't have to wait that long.
Honestly, I think there's a bit of an obsession
at the moment on YouTube
with finding the next big crypto coins
that are about to explode, or the next stock
that's gonna have a short squeeze, like GameStop.
But what if I was to tell you,
you're looking at your next best investment
right in the mirror.
I know this is the truth
because I'm talking from experience.
I didn't become a multimillionaire
by finding the next big thing.
Although to be honest, it would have be nice.
But it just is so highly unlikely to happen.
It's like finding a needle in a haystack.
And if you spend too long looking,
other opportunities will whiz straight by.
So I'm gonna be running through
why you're the best investment,
what you can do to drastically multiply your money,
and how I've been successful doing it.
While you're smashing that like button,
let me just make something clear.
I'm not saying investing in the stock market
and crypto currency is a bad thing.
As you know, I'm always preaching long-term investing.
However, initially, it's definitely more profitable
to invest in yourself.
First, we have to talk about opportunity cost.
The other day, I was shocked to find out
that 53% of people aged 22 to 29 have absolutely no savings.
This is sad to hear,
as these are the years when the world opens up to you.
And if you aren't able to take advantage
of the opportunities presented,
then you may start to fall behind.
However, even if you do manage to save some money,
nowadays, there are so many places you can invest it.
The number of different choices can be paralyzing,
therefore, you may end up just doing nothing at all.
This is because you could get scared
about investing in the wrong place,
and therefore, making a mistake.
If you're able to get over this hurdle and start investing,
when you begin, you may have only a little bit of money,
and there's no shame in that.
It's where we all started.
Unless you're a trust fund baby.
This can make risky investments more tempting,
as in order to make substantial money,
you have to be getting some amazing returns.
Earlier on in my career,
I had the opportunity to buy $1.3 million worth of product
from a competing business which had recently gone bankrupt.
At the time, my investment portfolio was down,
so I didn't wanna sell my stocks and realize those losses.
Look at me, do I look like I've got paper hands?
Luckily, I had half the money available in my bank account
to make this deal happen.
I paid 50% upfront, and the other 50% a month or so later,
once I've sold some of the stock.
Because you know me,
if there's a deal to be done, I'm having it!
This deal ended up pocketing me a hefty profit
of over half a million dollars.
Just think about it.
If I didn't make this deal happen,
one of my competitors would have.
The lesson here is sometimes there is a cost
of tying up your money in assets
that can't easily be turned back into cash
without any consequences.
Now we have to talk about control.
Would you give your last $1,000 to a stranger
and hope he comes back with a small amount of profit?
Of course not, that would be crazy.
But believe it or not,
that is what millions of people are doing
when they're investing everything in crypto and stocks.
Put it this way.
If you wake up and decide you want to make a bit more money,
it's completely within your control to get out there
and put in the effort,
but you can't just wake up and make the markets boom.
Well, unless your name's Elon Musk,
even when Elon sold his company Zip2
and received a payout of $22 million
for his share in the business,
he decided to funnel most of that money
into another company he started called X.com,
which eventually became PayPal
and was sold to east buy for $1.5 billion,
which Elon profited $165 million from.
If Elon managed all of this within a three year time horizon
by investing in himself, just imagine what you could do.
I'm sure I don't need to remind you.
He's currently the richest man in the world.
Therefore, if there was a secret,
amazing investment opportunity,
then he would have known about it.
The reality is he knows control is invaluable,
especially if you believe in yourself.
Personally, just before the dot-com bubble,
I started to feel a bit uncomfortable
with the state of the markets.
Now I never claimed to be an expert,
but I pulled my money out exactly the right time
and invested into my business,
giving me full control over that capital.
If I hadn't have done this,
who knows where my businesses would have been now.
This is why you first start investing in things
you can have an immediate impact on,
then branch out into more passive investments.
Something you have complete control over
is grabbing your free stock from public.com,
worth all the way up to $1,000 if you're in the USA.
And your $10 worth of free Bitcoin from Coinbase
with the links in the description.
Just remember, with investing, your capital is at risk.
People always ask me,
"Mark, when's the best time to invest?"
My answer is never to time the market
because no one knows what's going to happen next.
Well, unless you're insider trading, of course.
Now this is a great answer.
Well, of course it is, it was from me.
However, you could be unlucky
and invest just before a crash,
which could mean it takes years
to get back your initial investment.
But think about it,
when it comes to investing in yourself,
it doesn't matter about the current events,
because if we're in a booming market, then that's great.
And if we're heading into a crash,
then you're gonna be more equipped to handle it.
Investing in yourself comes in a lot of different forms.
For example, buying books, courses, equipment,
or even starting a business or side hustle.
It's all about sharpening your tools
so you can better navigate any situation
that's thrown your way.
Sometimes that's even just going on a relaxing holiday
to reboot your batteries.
I could really use one of them right about now.
Just imagine it, a tall lanky ginger-haired guy
laying on the beach, going pink like a lobster.
No, but seriously, it doesn't just stop there.
88% of millionaires are reported to be self-made.
And I believe are five core skills
that are essential to their success.
These are communication, negotiation, closing,
leadership and marketing.
Of course there are tons of other useful skills,
but these are the main ones I've noticed
my multimillionaire friends have in common.
It's important to consider scalability.
Imagine investing in Apple or Tesla
before they were even a thing.
This would only be possible if you were an angel investor,
otherwise you'd have had to have waited
until they went public on the stock market
like everyone else.
The people who made the real profits
were the ones that started a business
or got in on the ground floor.
Some may say there's a lot more risk involved with this,
but in my opinion,
if you believe in yourself
and you have control over your destiny,
then it's a lot less risky than you might think.
Now I'm not saying I could start Tesla,
but I could probably start Apple.
No, but seriously,
you've got a much better chance of doing this
than constantly searching YouTube
trying to find the next Shiba Inu or Doge coin.
On average, people expect to make a 10% yearly return
from the stock market.
But in business, this would be absolutely atrocious.
This is because starting a business or a side hustle
allows you to scale small amounts of money
into large sums very quickly if done correctly.
There is of course a ceiling to this success
where more money going in
doesn't necessarily mean quicker growth.
And when that happens,
the stock market returns become more appealing.
I started my business with $5,000,
which I earned through side hustles
and working a nine to five job.
Instead of putting this money into someone else's hands,
I decided to take action and start my business.
This business now turns over multiple millions per year,
and looking back,
it really was the best decision I could have ever made.
I think that this is very achievable
as I haven't come up with anything groundbreakingly new.
My goal was just to improve on other people's businesses.
Put simply, I didn't have to reinvent the wheel.
Although I did invent a few new radio-controlled models.
I'm not saying throw all your money into a business
and it will make you rich.
Your first name should be to make a business,
passively generate profit,
and then to secondly, diversify and invest elsewhere.
Now let's have a real talk about obstacles and excuses.
Sadly, when I make videos about business on YouTube,
they don't seem to get a lot of views.
I think this is because people get scared of,
as I think that business is something
only a few people are successful at.
I always hear, "I don't have enough money,"
"I don't have enough time," or "I don't know enough."
And most people will never get over these obstacles
and let them become lifelong excuses.
The harsh truth is,
that whatever obstacles you fail to overcome
will turn into excuses and that's all you'll be left with.
I grew up in a poor household.
Therefore, money was a huge obstacle for me.
Because of this, it's always been down to me to make money.
I couldn't borrow it, I couldn't ask for it,
I just had to go out and get it.
Doing this from a very early age
forced me to form the habit of wealth creation
and has helped shape me into who I am today.
Another obstacle was my appearance.
I was a very tall ginger kid
and everyone used to call me copper top and Duracell.
I couldn't exactly hide either,
because being six foot five,
I stuck out like a sore thumb everywhere.
So rather than using this as an excuse
and becoming very shy, I did the opposite.
I use comedy to deflect
and made sure everyone's laughing with me instead of at me.
I'm also dyslexic.
And why they make that such a hard word to spell,
I will never know.
Many people see this as a disadvantage.
My teachers always said I was lazy
because I didn't perform well in class.
I just found it really hard to focus
as my mind was always wandering.
But this has actually helped me in my business
as I think in a disruptive way.
And this means I come up with solutions
no one else thinks of.
I think the saying that some people are good at school
and others are good at life is very true.
So if you start thinking of excuses
after finishing this video, then remember this,
some of the most successful people I know
have the most obstacles, but the fewest excuses.
The one person you're stuck with is yourself.
So you may as well be the best version.
You are your greatest asset, never forget that.
I'm gonna leave the next video right up there,
but don't click on it just yet.
Make sure to subscribe if you want to grow your wealth.
And don't forget to pick up your free stocks and Bitcoin
with the links below.
Okay, I'll see you over there.