I Asked Tony Robbins How to Go From Broke to Billionaire
Jan 26, 2024
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Legendary motivational speaker and author Tony Robbins discusses the four core principles of successful investors, the importance of diversification in real estate investing, the potential of private assets for wealth-building, the financial benefits of owning a sports team, and the significance of longevity, results, and building a brand for long-term success.
Successful investors prioritize protecting their capital over chasing higher returns and employ strategic asset allocation to balance investments between risky and low-risk options.
Top-tier investors strategically minimize risk while maximizing potential rewards through asymmetrical risk and reward opportunities.
Successful investors diversify their portfolios across various asset classes, countries, denominations, and time frames to safeguard their wealth.
Deep dives
The Pathway to Financial Success
The podcast episode interviews successful investors to understand their asset allocations and risk management strategies. The key takeaway is that asset diversification, with a focus on reducing risk, is crucial for long-term success. Successful investors prioritize protecting their capital over chasing higher returns. They also emphasize the importance of asset allocation, balancing investments in secure, low-risk assets with those that offer potential for high returns. Additionally, asymmetrical risk-reward opportunities and diversification across different investments, countries, denominations, and timeframes are essential strategies employed by successful investors.
Investing in Private Equity and Private Credit
The podcast explores the benefits and investment opportunities in private equity and private credit. It highlights how these investments have outperformed traditional stocks and bonds over the years. Private equity offers uncorrelated returns, potential for huge growth, and investments in various industries. Private credit provides stable cash flow and low risk with 1% failure rate. The podcast advises listeners to consider these alternative investments for higher returns and greater diversification, as top investors allocate a significant portion of their wealth to private assets.
Investing in Sports Teams
The podcast discusses the investment potential of sports teams. It explains that owning a stake in a sports team provides uncorrelated returns, a monopoly, and fanatic customer base. The media rights of sports events make them an attractive investment, especially due to the increasing viewership of sports content. Owning a sports team offers an investment opportunity that goes beyond financial returns, providing an enjoyable and fulfilling experience.
The Longevity of Success
The podcast explores the longevity of success and how to sustain it. The key factor is delivering consistent results and over-delivering value in one's respective field. Longevity comes from competing with oneself and constantly striving to improve and innovate. The motivation lies in the fulfillment that comes from transforming lives and witnessing the positive impact on others. Staying hungry and passionate, combined with achieving tangible results, ensures a lasting legacy.
Event and Education Tips from Tony Robbins
The podcast episode touches on event organizing and education. It discusses how Tony Robbins has adapted his events during the COVID-19 pandemic, moving them to virtual platforms to continue delivering impactful experiences. Tony advises providing value that exceeds expectations and prioritizing the transformation of attendees' lives. Additionally, he mentions his upcoming free virtual summit, the Time to Rise Summit, where he shares strategies for personal and professional growth across various areas of life.
Welcome to the Wealthy Way podcast, where we Ryan Pineda is thrilled to host the legendary Tony Robbins! --- Want to be coached by me on real estate investing? Join our Wealthy Investor program today at https://wealthyinvestor.com/podcast --- Connect with Tony! Instagram - https://www.instagram.com/tonyrobbins/ Pre-order Tony's upcoming book - https://theholygrailofinvesting.com/ Check out Tony's podcast here: @TonyRobbinsLive Attend Tony's free virtual event here - https://timetorisesummit.com/join-now?utm_source=instragram&utm_medium=social&utm_campaign=Time%20to%20Rise%20Summit
Tony, renowned for interviewing the world's wealthiest investors, has identified four common traits among them:
1. Their primary focus isn't on avoiding losses, recognizing that assets can depreciate overnight. Instead, they concentrate on safeguarding their wealth through the following three principles.
2. The most successful investors employ strategic asset allocation, balancing investments between risky and low-risk options.
3. Top-tier investors prioritize asymmetrical risk and reward, strategically opting for moves that minimize risk while maximizing potential rewards.
4. Successful investors diversify across various asset classes, countries, denominations, and time frames.
In a conversation with Ryan about the best strategy for beginners in their wealth-building journey, Tony challenges the notion of specialization over diversification. He contends that by identifying 8-12 uncorrelated investments with genuine belief, beginners can reduce risk by 80% and increase their upside potential.
A forthcoming law aims to redefine accredited investors, broadening investment opportunities beyond traditional eligibility criteria. This legislative change inspired Tony Robbins to pen his third book, aspiring to open doors for a broader audience to access these lucrative investment opportunities.
With 46 years of experience, Tony shares insights into his enduring success in both education and events. He attributes his longevity to a simple yet powerful principle: delivering results beyond expectations. According to Tony, your reputation precedes you, and people will recognize your greatness through word of mouth.
Tony Robbins is driven by a passion for witnessing others achieve their highest poten
--- If you want to level up, text me at 725-527-7783!
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/ --- ---
About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media a...
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