I remember leaving school at 16 without a penny in my pocket I was struggling day to day to pay my bills and falling deeper and deeper into debt I was earning less than two dollars an hour working day and night just to make ends meet I wanted to be rich so badly but felt like it was never gonna happen to me little did I know there was some clear signs that I was going to become rich and I've seen this time and time again over the years when helping others achieve their goals in the past
I've used these signs as a little checklist to see if it's worth mentoring someone so grab a pen and paper and let's see how many you have let me know in the comments if you check all seven number one you know that the phrase money won't fix your problems is a load of rubbish there's nothing worse than someone Rich saying money won't fix your problems trust me I've been there you see I believe there are two different types of problems we all face the first type is your basic needs these are things like water housing
Healthcare and food now if you're facing the first type of problems then the answer to all of these is clear you need to earn more money everything you're stressing about can be solved with more money when you fix the basic needs your focus shifts onto type 2 which is the abstract problems these are things money definitely can't fix such as love happiness and fulfillment for me that's always been about spending time with my family enjoying my hobbies my interests and running a business that I'm truly passionate about so you can definitely be broke but happy
you can also be rich but sad however when you prefer to be rich and happy the Puppet Masters have brainwashed everyday people into believing that they don't actually want money or while they trade years of their life work in a job they hate for a tiny salary if I see that someone actually buys into the thinking that money isn't desirable now I can't see how they're ever going to make enough to be rich even when I was completely broke I didn't ever think this way if you're able to ignore all of this then you're on
the right track number two when you see an obstacle you overcome it successful people focus on the opportunities rather than the things holding them back now it's one of the best times to start a new side hustle as there are so many different Industries booming online let's say you have the most amazing business idea that has the potential to make you millions of dollars but you never act on it because too many things are standing in your way how much is that idea actually worth to you well the answer is absolutely nothing if you're not
going to work on it have you ever chatted with a friend and they say you know what I've got the best business idea in the world they're extremely motivated certain that this will make them richer than Rich itself you then meet up with them six months later down the line and you awesome how's everything going and you're really excited for them oh I haven't started yet and the reason is oh because the government my job the economy they've got excuse after excuse the list goes on and on when most people see a problem they say
it's bad luck they quit and they stop trying when rich people run into problems they might scratch their heads for a while but they don't give up they strike when they have the most passion and the most motivation the longer you leave an idea stuck up here in your head the longer you'll have time to convince yourself that it'll never work so if you're the type to just get going and sort the problems as you go then there's a high chance you'll become rich number three you prioritize buying assets when possible when was the last
time you thought about buying something and took the time to decide if the item is going to help bring money into your life or drain money away from your life we're constantly living on a seesaw on one side you've got fancy cars designer clothes and unnecessary gadgets on the other side we've got rental properties watches and Stocks by taking advantage of when the economy is on its knees and buying up lots of long-term assets you could easily set yourself up financially for the rest of your life the first hundred thousand dollars is the hardest money
you'll ever earn the truth is that getting your money to work for you and not the other way around is the only way to achieve real long-term wealth I'm sure you've heard this before however I know that sometimes it can feel less scary just letting your money sit in a savings account rather than invest in it elsewhere if this is how you feel then money market funds might be a good option for you they normally have better interest rates and savings accounts while not being as risky as investing in stocks instead these money market funds
invest in high quality short-term debt from governments Banks or corporations I like investing some of my money in these funds on light year because I can easily draw it out out when I need to rather than having to worry about the ups and downs of the stock market the interest otherwise known as the yield is paid into my account on the first of every month however the interest amount does Change Daily so it's not super predictable just like the British weather you can do the same if you live in the UK or one of these
countries because on apps like the one I just mentioned called light year you have access to AAA rated BlackRock money market funds and can start investing from just one pound Euro or dollar so if this interests you feel free to use my code Tilbury to get a free 10 fractional share when you sign up for light year using this affiliate link and code is also a great way to support this channel as I'm able to put the commissions we receive into creating more videos and let me remind you investing always carries a risk and the
value of any investment can decrease as well as increase so be sure to invest wisely and do your research number four you know there is so much more to learn how many people do you know that when they have a couple of days off or during the evening spend all their spare time playing video games and watching Netflix I'm willing to pet quite a few look there is nothing wrong with binging a TV series once in a while I'm talking about the people that don't watch or read anything educational they falsely believe that education stops
when you leave school to be honest these people are extremely arrogant and they don't know it they think getting rich is down to luck because they haven't learned enough to spot the Strategic steps that every self-made millionaire takes they would rather critique others and then escape to a fantasy land where they don't have to think about their problems but you know what ignoring your problems just makes them bigger and bigger the strange thing about learning is that the more we learn the more we know how much we don't actually know it's about learning things you
never knew before and then turn in those newly learned ideas into action in your own life think of life like a video game it's never a bad time to arm yourself so people that read those books and watch educational videos on YouTube are at such an advantage people will say you just got lucky that's what they said to me but the truth is luck is when opportunity meets preparation so never stop equipping yourself with the knowledge and prepare yourself to be one of the luckiest people alive number five you don't compare yourself to others comparing
ourselves to others and trying to keep up with their success without fully understanding their situation can cause us to make some silly decisions In the Heat of the Moment let's take Tiger Woods for example he spent Years Learning and perfecting his skills he's now worth millions of dollars now I love my golf but if I was to compare my skills to his I'd look pretty awful but just because I don't measure up doesn't mean I should stop playing go I shouldn't get depressed or jealous or resentful because if I was to put Tiger Woods in
charge of my radio control model and design business then I doubt the models would even fly comparing yourself to others is literally a shortcut to inaction number six you spend time with winners back when I was in my early twenties look I know that was a little while ago I supplied some products to one of the richest guys in the UK I was so surprised that he was such a normal down-to-earth guy yet it managed to strike it big we had coffee and we chatted about life and everything really and it opened my eyes to
the need for multiple passive income streams this is now more important than ever because if you were to hang out with losers talking negatively about the state of the economy bad luck everything's going wrong blah blah blah you'll likely end up doing the same thing if however you start hanging around with individuals that are continually talking about success and business opportunities the chances are it's gonna rub off on you number seven you have truckloads of confidence have you ever complimented someone doing something really well and they sort of looked down and Mumble something like oh
it was nothing I thought I should have done a bit better oh I made a few mistakes maybe they don't like to blow their own trumpet because I don't want to look cocky or I don't know they lack self-confidence by downplaying their skills they make others think they're worthless this is even more important when you have a side hustle or a high paid job because the more confident you can be the more confident your clients or your team will be in your abilities there isn't much money going around at the moment so the more confident
everyone is in your abilities the better you're going to do confidence also allows you to take calculated risks as you know you can come out the other side with even more for example let's say you won half a million dollars on a lottery and this was your favorite car the Lamborghini Aventador now a person with low confidence would probably spend it all on the car because that's what they've always wanted all their life as they feel this will give them validation they've dreamed of buying this car and they feel that they'll never have enough money
to be able to afford it ever again they go out and buy the car and get an instant rush and feeling of great I've got what I've always wanted a confident person would believe in their ability to make more money and instead of spending it would use it to their advantage so The Confident person decides to invest every penny so that their wealth grows maybe in stocks and shares maybe in a side hustle or maybe in real estate or even by using the link in the description to get 16 free stocks worth between two and
two thousand dollars in return for signing up for MooMoo it's basically free money and they're a great investing platform let's fast forward a year or two down the line if you lacked confidence then you'd have none of your winnings left all you'd be left with is a depreciating dream car losing money week after week you'd probably be desperate to sell it now that the initial Rush has worn off whereas if you're confident from the beginning then you would have all your winnings left plus more from the growth of your Investments using your profits you could
then look to buy a pre-owned Lamborghini Aventador for at least 5 50 off the person with the confidence ends up with everything he ever wanted and more even though they both started off with the same amount of money if you want to know exactly how to start investing for a beginner then I'm going to leave that video right there 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