The Money Podcast The TRUTH About Millionaires (Being/ Becoming One)
In today’s episode discover the Truth About Millionaires, If you want to become one and if it even matters anyway. There are more self-made millionaires today than ever before, but what does it take to become a millionaire?
Rob Moore became a millionaire between the age of 30 and 31 and he now has a network worth billions. Rob has rubbed shoulders with the best and knows what traits millionaires have and what they're really like. It might not be what you think.
KEY TAKEAWAYS
- Millionaires aren’t like YOU think. - Becoming a millionaire is not a stereotype, it's more about a model or strategy and your time building cash and capital.
- They find a problem, area that needs disrupting, they add value, create and produce. The commonalities or millionaires is that they find a problem that people need solving that they can solve and scale so that they can make millions.
- It takes 3-5 years (more or less) to become a millionaire. - There are probably 10 or 20 years worth of work before the millionaire story that you heard about.
- Money is the RESULT - the output of input (materialism & greed are not exclusive to millionaires. - You need to have something that drives you to become a millionaire. Not just the need to be rich.
- £75k salary is all you need to be happy is a MYTH. Not even a million is enough. If you're doing the thing that you want to do, you'll want to keep doing it.
- No millionaire did it on their own. - They all had a good team, culture and vision. You need to work smarter not harder, learn how to leverage and find your IGT tasks.
- Most millionaires build assets (protect capital, create income, systems, etc.)
- What they LEARN is as vital as what they EARN. - You are your greatest assets, the more you learn the more you earn and you need to invest in yourself to be successful. Value education, experience, mentorship and people as much as you value the millions
- ALL embrace sales & marketing. - You can't have a business without customers
- Most are now self-made. - More millionaires are self-made that inherited. It's the age of the entrepreneur. And most millionaires are business owners.
- Millionaires are HUNGRY to learn. Grow. Adapt. Or die. - They disrupt themselves and their industry and want to solve the problems of others.
- There’s no one strategy to success. - There is no single strategy that makes millionaires. There's a variety of millionaires from a variety of industries.
BEST MOMENTS
“If you have a perception of what millionaires that's your perception projected out. That's not what they're like. I can't think of any millionaires that I've met who are greedy, materialistic, selfish or extreme.”
“Often the hardest workers in the world are the poorest. It's not all about working hard.”
“Being a millionaire is not exclusive. There are lots of reasons why millionaire drove themselves and it’s not usually down to the money.”
ABOUT THE HOST
Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.
“If you don't risk anything, you risk everything”
CONTACT METHOD
Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn - https://uk.linkedin.com/in/robmoore1979