Tom Bilyeu's Impact Theory

How I Went From BROKE Selling Flowers To $150 MILLION Net Worth | Matt Higgins

16 snips
Mar 28, 2023
Matt Higgins, a Shark Tank veteran and CEO of RSE Ventures, shares his incredible transformation from selling flowers and dropping out of high school to achieving a net worth of $150 million. He discusses the 'Burn the Boats' mentality, advocating for total commitment to one's goals without backup plans. Drawing on personal anecdotes, he stresses the importance of trusting your instincts in crises and embracing personal agency. With insights on focusing on a singular ambition, he encourages listeners to ditch incremental thinking and fully invest in their dreams.
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ANECDOTE

Dropping Out

  • Matt Higgins dropped out of high school at 16, motivated by his mother's pursuit of education and a desire for better income.
  • Growing up poor in Queens, he worked at McDonald's and a deli before realizing education could improve his earnings.
INSIGHT

Trusting Instincts

  • Conventional thinking doesn’t apply to outlier situations; trust your instincts instead of seeking external validation.
  • Higgins trusted his instincts over others’ opinions because he was the only one with the full context of his life.
INSIGHT

Burn the Boats Nuance

  • The "Burn the Boats" concept isn't about reckless abandon, it's about committing fully to Plan A.
  • It addresses internal and external obstacles preventing commitment, encouraging a nuanced approach to achieving extraordinary things.
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