- You are fucking broke!
Why are you broke?
Have you ever asked yourself that question?
And how do you never be broke again?
(upbeat music)
I was fucking broke when I was a teenager,
when I came to Canada with nothing, no money.
I was in debt 150 thousand dollars in debt.
I was so fucking frustrated.
I tried so many different things.
I started and failed 13 fucking businesses, 13!
Not three, not 10, 13 businesses.
All disaster.
No, I didn't make money from the businesses.
I was in debt.
Lost all my mom's money.
Borrowed from friends and family.
And I didn't know why.
I wanted to succeed so bad,
but I just couldn't make it work.
Until one thing.
Until I had an epiphany.
What is that epiphany?
You don't have a money problem, you have a skill problem.
If you try to solve your money problem with just money,
your problem doesn't get solved.
Money problem is not solved by money.
Money problem is solved by your intelligence
and your skillset.
Your mindset and your skillset.
Now, what am I talking about your skillset?
I want you to think about some
of the highest paid people in this society?
Let's say doctor, let's say attorney,
let's say lawyer, let's say accountant, engineer,
who is making a decent high income.
What do they have?
They have specialized skillsets
that you may not have.
See, the people with law-income skills
in our society, low income jobs,
chances are their skills,
now it doesn't mean they don't work hard.
It doesn't mean they don't hustle,
it doesn't mean they don't work long hours,
but they skillset they have
that they offer to the market place, to society,
people, companies, they're not willing to pay big money for.
I call them low-income skills.
That's the problem, you try to make big money
with low-income skills.
You need too develop you high-income skills
in order to make more money.
So if you're struggling in life,
you're struggling in business,
I can guarantee you the biggest issue,
how I have overcome, how I was struggling,
how I overcome not wanna be broke again,
it's I learned to close.
I learned to communicate.
Ideas, thoughts, concepts.
When you learn to close you'll never be broke again,
because in business nothing happens until something is sold.
In life nothing happens until something is sold.
You're single, you're not a good closer.
You can't close.
You're not getting people to do what you want.
They're not following your leadership, you can't close.
You're not getting sales, because you're a lousy closer.
You can't close.
When you can close, you can move, you can influence,
you can persuade people.
Everything that you want in life, guess what?
Other people already have them.
I don't care what is it you want,
resources, money, capital, influence, relationships.
Whatever it is that you want,
you gotta close someone else to give it to you.
So if you're struggling financially,
it means you're a fucking lousy closer.
It is that simple.
That's the downside.
Up size this, once you know how to close,
you will know how to create income on demand.
You will know how to make money.
You have the ability to make money anytime you want.
That's the power of closing,
that's how you never go broke again.
So if you are not making the money you want,
it's not a money problem, it's a skill problem.
Solve your skill problem, develop a particular skillset.
And when you combine a skillset with a mindset.
Now, what am I talking about when it comes to mindset.
Mindset I'm talking about your belief, your ideas,
your attitude towards something.
If you combine a strong, a proper, abundant mindset
with a strong, high-income skillset,
boom, you'll never be broke again.
But you cannot maximize your skillset
without a proper mindset.
I'll say that one more time.
You cannot maximize your skillset without a proper mindset.
You need to have the two.
If you have the two, you'll never go broke again.
I want you to be absolutely brutally honest with yourself.
If you're struggling financially,
what kind of skills do you have?
Probably none.
Except the skill of bitchin'.
Probably none.
What value do you bring to the marketplace?
If you are not where you want to be,
you're not growing as fast as you want to be,
you not increasing you income as fast as you wanna be,
your income can only grow to the extent that you do.
Your wealth can only grow as fast as you do.
Ponder on that.
Until next time.