How to Go From Homeless to Millionaire with Zero Connections or Capital | Jay Samit (Fan Fav)
Tom Bilyeu's Impact Theory
Intro
This chapter explores effective strategies for achieving success even when starting from a disadvantage. It highlights the significance of identifying a unique niche, leveraging personal strengths, and excelling in a specific area to minimize competition and establish leadership.
This is a fan fav episode. In this episode, Jay Samit reveals his latest book, Future Proofing You, and the experiment he ran with a young kid from the UK. He mentored this kid once a week and watched him go from nearly homeless to millionaire in his experiment to show this is possible for anyone regardless of your resources. In this interview, Jay uncovers his belief that you don’t need degrees, capital and major connections to become a successful millionaire. Starting your business by looking for the void to fill in a very specific area that allows you to be the best in the world with no competition is a possibility that is accessible to you right now. This episode provides a tactical look at what you can do to start crafting the right situation and the right deal structure you need to succeed. Order the new book from Jay Samit: https://www.amazon.com/Future-Proofing-You-Opportunity-Controlling/dp/1119772060/ref
Original air date: 3-30-21
SHOW NOTES:
The Experiment | Jay mentors a disadvantaged person from homeless to millionaire [2:28]
2 Things for Success | Jay shares the two things he believes you’ll need for success [6:11]
Competition | Jay explains how to be the best in the world with no competition [10:03]
Fill a Void | Jay shares how Vin created a case study and niched a void [10:57]
Pygmalion effect | How Jay’s case study started with a lie to prove a point [13:38]
Insight | Why your insight to solve a problem leads to joy [17:26]
Appearance | Jay on why you need to look like your customer [21:20]
1st Customer | Jay shares tip for getting your first customer [24:32]
Breaking Plateaus | Jay talks about the hardships and difficulties to push through [31:20]
Deal Structure | Jay explains why a solid foundation can rebuild business [35:38]
CHECK OUT OUR SPONSORS
Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511.
ButcherBox: Ready to level up your meals? Go to https://butcherbox.com/impact to get $20 off your first box and FREE bacon for life with the Bilyeu Box!
Linkedin: Post your job free at https://linkedin.com/impacttheory
Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact
Hims: Start your free online visit today at https://hims.com/IMPACT.
SleepMe: Visit https://sleep.me/impact to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping.
Vital Proteins: Get 20% off by going to https://www.vitalproteins.com and entering promo code IMPACT at check out
What's up, everybody? It's Tom Bilyeu here:
If you want my help...
-
STARTING a business: join me here at ZERO TO FOUNDER:
-
SCALING a business: see if you qualify here.:
Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.:
**********************************************************************
If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.
**********************************************************************
FOLLOW TOM:
Instagram: https://www.instagram.com/tombilyeu/
Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en
Twitter: https://twitter.com/tombilyeu
YouTube: https://www.youtube.com/@TomBilyeu
Learn more about your ad choices. Visit megaphone.fm/adchoices
The AI-powered Podcast Player
