Want To Be Rich? Don’t Start A Business.

soon as I left school I started my first business which made me a multi-millionaire and gave me the life I'd always dreamed of this statement isn't just false it's pretty much impossible the trouble is many people that want to get rich are buying into this narrative as it's so widespread on the internet why because it sounds so much easier than the reality if you want to get rich but don't want to put in the hardware then I'd recommend buying a lottery ticket and crossing your fingers as it'll probably be more effective don't get me wrong

I did make my Millions from starting successful businesses however I didn't just jump straight into a business idea after watching a top 10 side hustle video so when I say you have little to no chance of starting a successful business straight out of school I'm not trying to crush your dreams quite the opposite I want you to save your valuable time and start building the skill sets you need to succeed so if you want to become rich then listen up because if I was in your position I'd follow these six steps step one find your

natural talents I hate the saying Follow Your Passion what if your passion doesn't have the ability to make you money or even worse you just don't have one it feels like one of those overused self-help sayings that doesn't actually have any real substance around it maybe people are drawn to advice like this as the general population seem obsessed with the idea of living a good balance unhappy life this of course is an admirable goal however a starving artist struggles to make money and they rarely have any of these things my passion was to become an

RAF fighter pilot but as soon as I found out I needed glasses that dream went out the window I could have continued down that path and wasted valuable time however I decided to park that passion for later in life when I had enough money to complete my pilot's license and fly planes for fun I made this Choice as to be truly happy I believe you first need to fix the money issue as never having enough can lead to so many more problems down the road I can tell you this the journey to making substantial money

isn't an easy one otherwise everyone would be doing it you just have to be very honest about what you're actually good at Ray dalio owner of the world's largest hedge fund Bridgewater Capital says that you have to find your game and I couldn't agree more I remember trying my hand at a lot of different things such as door-to-door fish sales being a shop assistant flipping cars and teaching people how to fly radio control helicopters from this I identified I had natural talent for dealing with people due to my strong social skills from then on I

really leaned into anything that relied on me speaking face to face with customers as I knew I could make sales that others could only dream of have a think about the things that you're good at and if there's a few common skills that connect them all those are your money makers at this stage you should only be focusing on these skills because it's much easier to get ahead improving on those rather than starting from scratch with something completely new you can use these natural skills to fix your money issues and then from there start improving

in other areas step two dedicate everything to a job I know it's become very trendy to want to escape the matrix it's even got to the point where people are quietly quitting their jobs this means they are doing the bare minimum keeping all their energy for their side hustles although I understand the thinking behind this doing the bare men something that should never be celebrated that is the type of mindset that ensures you'll never be successful because the way you do the Small Things is the way you'll do the big things when I was working

as a carpenter I'd have days I just hated but I knew a sour attitude wouldn't get me anywhere even a job like this can give you the opportunity to practice important skills I learned woodwork technical design quoting and customer service I always believe in the phrase work to learn not to work when I worked in a factory I would always ask questions and try to figure out how it all worked this later came in very handy when I was traveling the world looking for the perfect place to manufacture my own products as I knew what

I was looking for my experience as an assistant in a radio controlled model shop helped me learn sales communication and organizational skills that I'd like to train to my employees in my own shops in your current job try to understand why things are the way they are without trying to argue or question your box by looking just a little bit deeper you can find there's a reason why pretty much everything is the way it is if it's good keep note of it if it's bad also keep note of it I'll explain why later step 3

nurture your contacts and your image these two really go hand in hand because if you don't have a good image then the people you want to connect with won't want to be your friends it's harsh but true we often make a quick assumption about a person right or wrong after meeting them just once nowadays due to social media you don't even have to meet someone to have an opinion on them so how you present yourself in person and online is very important I mean think about some of your favorite YouTubers they all have something that

makes them stand out for me it's me old age and of course my wisdom take your strengths from step one and try to find a way to show them off when you meet a new person and leave an imprint in their mind after failing to qualify for the helicopter World Championships in Austria in 1993 and being absolute devastated I devised a plan to make sure that I made an impact I noticed a loophole that would allow me to attend as the team coach once I secured my place I loaded my Model helicopter with a secret

weapon and after the final competition I executed my plan I flew the first ever Model helicopter firework display everyone was in awe the helicopter flipped and soared through the sky followed by a glittering trail of Sparks and explosions I was featured in many newspapers and TV shows leading to be making a bigger impact than any of the competition winners I was even asked to sign multiple autographs that was before selfies were even a thing two years later I qualified for the world championships in Japan and everyone already knew my name from that breathtaking night so

you've got to be straight with yourself the world out there is too hard for you to be soft I think a better way of being great is to go out there and practice the things that will make you great rather than telling yourself over and over in the mirror I'm great I'd say having proof is much better you don't have to be great at everything but the reason most men are so invisible nowadays is that they're too afraid to take risk for fear of standing out and in this era of distraction social media and quiet

quitting it's easier than ever to Stand Out by excelling but it's also important not to be too self-absorbed most people are more interested in themselves than other people becoming genuinely interested in others can take you a long way in business and friendships even though it may seem like a waste of time step four identify improvements and write them down remember how I said to write down the stuff that was good and not so good about whatever business you're working in well here's the thing a lot of people who go into business do so because the

last boss they worked for was a complete idiot at least that's kind of what happened to me businesses are all about solving problems but the funny thing is businesses have tons of their own problems whenever an issue comes up and your boss has to highest amounts I'd help keep a note of what the problem was and how it was sold I saw all the problems in the radio control model shop I was working in such as not meeting customer Demand with certain products a poor location and inexperienced staff I like to use this information to

start a chain of model shops that are absolutely dominated the market this is the same idea behind hiring a mentor or paying for Consultants however this way you are actually getting paid while gaining the knowledge step 5 test your fixes with a side hustle starting a business is scary it often means taking risks and putting in lots of time and money up front without any guaranteed returns that's why it's so important to start with a side hustle before starting my own range of radio control models I made sure to stock everything in my shops to

get a real handle on what actually sold and why one of my friends actually went one step further he wanted to start an e-commerce store but couldn't afford to take any risk as he had very limited money his biggest fear was being left with infantry that he just couldn't sell then he had a brilliant idea what if he tried to sell a product he didn't have he first tested this out with resistance training bands from China but instead of buying them and having them shipped over he just listed them for sale when the orders came

in he gave him proof that the product was sellable so we refunded all the orders and decided to buy the product after he knew he could sell it he was able to test so many products using this approach one of the most important parts of the testing process is measurement what gets measured gets managed that's the reason why Elite athletes always measure their stats there's this idea now in startups called the minimal viable product or MVP the term was coined by the CEO of a gaming business basically they had the rough idea for the game

but left the details on the path of development largely up to the feed back of the users what was once a very Scrappy and buggy game ended up becoming pretty amazing by just listening to the feedback and making constant improvements testing your idea could be as simple as just asking users what they think of it in a Discord or a subreddit it's worth remembering though the opinions of those that matter most are the ones that buy your product and you won't know who those people are until you start selling on a small scale often you'll

find that 80 of your results are due to 20 of your side hustle this rule applies to many more things such as 80 of traffic accidents are caused by 20 of drivers eighty percent of wealth is controlled by 20 of the population 80 of a company's productivity is due to 20 of its employees and there are many more examples step six launch your business now before you start saying I click baited you with the title hear me out if you have followed all the steps I've talked about in this video so far then your chances

of succeeding as an entrepreneur dramatically improved I see way too many people starting a business with absolutely zero skills that set them apart which means they're just going to fail and become disheartened it's undeniable that the biggest billionaires out there didn't get that way by just having a side hustle they did it by delivering value to a huge number of people through a business so when you're analyzing the results of your side hustle try to see if you can identify the best parts of what you're doing the top 20 then ask yourself how can you

do more of it on a larger scale and reach more people if you'd like to be inspired with some side hustle ideas then you can watch this next video here but don't click on it just yet make sure to subscribe if you want to grow your wealth okay I'll see you over there