The 17 Laws of Success

Iman Gadzhi
27 Jun 202324:13

Summary

TLDRThis video shares 17 success secrets gleaned from the top one percent, emphasizing the importance of choosing the right partner, valuing opinions over unsolicited advice, and investing in assets. It highlights the significance of discipline, practicality, and the right timing in career choices. The speaker stresses the need for building strong relationships with banks, maintaining a tight-knit circle, and taking radical responsibility for one's life outcomes. The video concludes by illustrating that private victories pave the way for public success and that consistent dedication can make any endeavor appear effortless over time.

Takeaways

  • 👫 The choice of life partner is crucial for success, as they can either support or distract from one's ambitions.
  • 🗣️ Not everyone deserves a say in your decisions, even if they are entitled to their own opinions; discern the difference between the two.
  • 💰 When acquiring wealth, invest in assets rather than spending on fleeting luxuries to secure your financial future.
  • 🛠️ Focus on practical business strategies rather than chasing the allure of 'sexy' or trendy ventures.
  • 🌅 Establish a consistent morning routine that sets a positive tone for the day, tailored to your personal preferences and needs.
  • 🤐 Practice the art of silence; talking less can lead to more effective listening and fewer mistakes in high-stakes situations.
  • 🕰️ Recognize the importance of timing and choosing the right opportunities at the right moments in your career.
  • 🏆 Prioritize discipline over motivation, understanding that consistent effort is more reliable than sporadic bursts of enthusiasm.
  • 🏘️ Acquire and retain high-quality assets early in your career to build a solid financial foundation.
  • 💤 Avoid resting on your laurels; continuous effort is required to maintain and grow success.
  • 🏦 Cultivate strong relationships with banks early to facilitate future financial needs and opportunities.
  • 🔒 Keep your inner circle small and tight-knit to maintain privacy and support your rapid pace of progress.
  • 🔑 Embrace radical responsibility for all outcomes in your life; own your successes and failures.
  • 💼 Work with the drive of someone who is new to wealth but adopt the values and wisdom of 'old money'.
  • 🌍 Understand that you won't single-handedly change the world, but you can contribute to making it slightly better.
  • 🏆 Private victories pave the way for public successes; recognize the unseen efforts behind visible achievements.
  • 🔄 Persistence in a singular pursuit for over a decade will eventually make it appear effortless to others.

Q & A

  • What is the first success secret shared in the video for becoming part of the top one percent?

    -The first success secret is realizing that the woman a man chooses will be the most important decision he makes, as she can either support his ambitions or distract him.

  • Why is it important not to let others' opinions cloud your judgment according to the video?

    -It's important because everyone is entitled to an opinion, but not everyone deserves a say in your life, especially if they lack the experience or success in the area they are commenting on.

  • What is the advice given in the video regarding what to do when you make a large sum of money?

    -The advice is to buy assets instead of spending the money on luxuries or frivolous expenses, as assets are harder to sell and can secure your financial future.

  • What does the video suggest about the types of businesses that the most successful people are involved in?

    -The video suggests that the most successful people are often involved in practical, traditional businesses rather than glamorous or trendy ones, focusing on market inefficiencies or incremental improvements.

  • How does the video describe the importance of a morning routine for setting the tone of the day?

    -The video emphasizes that a consistent morning routine, regardless of the time you wake up, is crucial for starting the day impactfully and setting a positive tone for the rest of the day.

  • What is the significance of talking less and listening more according to the video?

    -Talking less reduces the chances of making mistakes and allows for better analysis of situations, while listening more enables you to gain insights and perspectives from others.

  • Why is it suggested to focus on doing things in the right order rather than just doing the right thing?

    -Focusing on the right order acknowledges that each stage of a career has its own appropriate actions and opportunities, and trying to skip steps can lead to failure.

  • What is the video's stance on the importance of discipline over motivation for success?

    -The video argues that discipline is more reliable than motivation for achieving success, as motivation can be fleeting, whereas discipline ensures consistent effort.

  • Why does the video recommend buying A1 assets early in one's career and holding onto them?

    -A1 assets are stable and long-term investments that can be passed down through generations. They also provide collateral for securing loans for future ventures.

  • What does the video mean by 'if you sleep on a win, you're going to wake up with a loss'?

    -This phrase means that success is not a one-time event but a continuous process. If you rest on your laurels after a win, you may lose your momentum and ultimately face setbacks.

  • Why is building good relationships with banks from an early stage important according to the video?

    -Building good relationships with banks early on can facilitate future financial needs, such as business acquisitions or large investments, and can provide access to premium banking services when significant wealth is accumulated.

  • What is the video's advice on keeping one's social circle?

    -The video advises keeping your social circle small and solid to ensure that you confide only in those who can keep up with your pace of life and to minimize the risk of private information being leaked.

  • How does the video define 'radical responsibility' and why is it important for success?

    -Radical responsibility is the concept of taking full ownership of all outcomes in life, whether positive or negative. It is important for success because it promotes self-analysis and learning from one's actions.

  • What is the video's perspective on the idea of 'changing the world'?

    -The video suggests that instead of aiming to change the world, one should focus on making it slightly better through their work, as even small improvements can collectively lead to significant changes.

  • What does the video mean by 'private victories lead to public victories'?

    -Private victories refer to the personal efforts, sacrifices, and achievements that are not publicly visible but are necessary to achieve public victories, such as material success or recognition.

  • Why does the video say that after 10 years of doing one singular thing, it will start to look effortless?

    -After 10 years of dedicated practice and experience in a particular field, the skills and mastery acquired can make the task appear effortless to others, as the individual has internalized the process and can perform it with ease.

Outlines

00:00

🚀 Success Secrets of the Top One Percent

The speaker begins by introducing the topic of the video, which is to share the success secrets of the wealthiest one percent. He shares his own experiences of having made millions in his 20s and having interacted with some of the most successful people in various fields. The speaker emphasizes that the insights he will share are not just applicable to millionaires but also to the top 0.01 percent in any industry. He also mentions that the video's lessons are conceptual and should be applied to one's life. He suggests viewers to watch another video on his channel for practical advice on starting an entrepreneurial venture and making money online.

05:00

👫 The Importance of Choosing the Right Partner

The first success secret highlighted is the significance of choosing the right life partner. The speaker explains that the woman a man chooses will be the most crucial decision he makes outside of his professional life. He discusses how most men are distracted by women and how having a supportive and understanding partner is essential for ambitious men. The speaker warns against choosing partners based on looks alone, as attraction fades over time. Instead, he advises choosing a woman who can provide a safe, loving, and nurturing environment at home, which is vital for men with grand ambitions.

10:02

🤔 Everyone's Opinion Matters, but Not Everyone's Say Counts

The second secret discussed is about the value of opinions versus the influence one has on decision-making. The speaker clarifies that while everyone is entitled to their opinion, not everyone deserves a say in matters they lack experience or knowledge in. He gives examples of how this principle applies to personal and business relationships, emphasizing the importance of discerning between well-informed advice and uninformed opinions. The speaker advises viewers to be mindful of whose opinions they allow to influence their life choices, suggesting that only those with proven success in relevant areas should have a significant say.

15:03

💰 Prioritize Asset Acquisition Over Spending

The third success secret is about the importance of investing in assets rather than spending money on fleeting luxuries. The speaker advises that when one starts making significant amounts of money, they should focus on buying assets that are difficult to sell impulsively, such as real estate or businesses. He explains that this approach helps protect wealth and ensures long-term financial stability, as opposed to spending on easily liquidated assets like stocks or cryptocurrency. The speaker also touches on the idea of doing practical business ventures that generate steady income rather than chasing flashy but risky opportunities.

20:05

🌅 The Impact of Morning Routine on Success

The fourth secret shared is the influence of one's morning routine on their overall success. The speaker dispels the myth that waking up early is a prerequisite for success, instead arguing that it's more important to have a consistent morning routine that sets a positive tone for the day. He gives examples of successful individuals who wake up at different times based on their personal preferences and circumstances. The speaker shares his own morning routine, which includes exercise and a healthy breakfast, and encourages viewers to find a routine that works best for them.

🤐 The Power of Listening and Timing

The speaker discusses the power of listening over talking, especially in high-stakes situations like negotiations. He suggests that talking less can reduce mistakes and make others more inclined to listen. The speaker also emphasizes the importance of timing when seizing opportunities, advising against blindly copying the actions of successful people at different stages in their careers. Instead, he encourages viewers to focus on the right opportunities at the right time in their own journey.

🏆 The Continuous Process of Winning

The sixth secret is that success is not a one-time event but a continuous process. The speaker warns against becoming complacent after an initial win, as maintaining and multiplying success is more challenging than achieving it. He advises celebrating wins but not becoming stagnant, as the future requires constant effort and adaptation.

🏦 Building Relationships with Banks Early On

The seventh secret highlights the importance of establishing good relationships with banks from an early stage in one's career. The speaker explains that banks can be invaluable for financing assets or businesses and that having a solid banking relationship can facilitate large transactions smoothly. He also mentions the benefits of being known by banks for significant financial activities, which can be crucial for those who eventually accumulate substantial wealth.

🔒 The Importance of a Small, Solid Circle

The eighth secret is about keeping one's circle of confidants small and solid. The speaker argues that not everyone can keep up with a high-paced life and that sharing too much information can lead to loose ends. He advises maintaining privacy and being cautious about who you trust with your deepest secrets, ensuring that your inner circle is composed of people who can handle the pace of your life and keep your confidences.

💪 Embracing Radical Responsibility

The ninth secret discussed is the concept of radical responsibility, where the speaker emphasizes taking full responsibility for all outcomes in life, whether positive or negative. He believes that this mindset is crucial for personal growth and success, as it avoids blaming external factors and focuses on self-improvement.

👕 Acting with the Values of Old Money

The tenth secret is about working with the hunger of new money but adopting the values and wisdom of old money. The speaker shares his personal journey and the importance of financial literacy and principles that contribute to long-term wealth preservation. He encourages viewers to combine the drive of new money with the wisdom of old money to ensure sustainable success.

🌍 Making the World Slightly Better

The eleventh secret is about the realistic impact of one's work on the world. The speaker argues against the grandiose idea of changing the world and instead encourages making small, positive impacts through one's work. He appreciates the value of doing something to the best of one's ability, which collectively can lead to a better world.

🏆 Private Victories Lead to Public Victories

The twelfth secret highlights the importance of understanding that every public victory is built on a foundation of private victories. The speaker explains that significant achievements are the result of years of hard work, discipline, and sacrifice, which often go unseen by others.

⏳ Effortlessness Comes with Time

The final secret shared is that after dedicating a decade or more to mastering a skill or profession, it begins to appear effortless. The speaker reassures viewers that the initial challenges and learning curves are a natural part of the process, and with time and dedication, one can achieve a level of expertise that makes their work seem easy and elegant.

Mindmap

Keywords

💡Success Secrets

The term 'Success Secrets' refers to the underlying principles, habits, or decisions that contribute to achieving significant wealth or accomplishment. In the video, it is the central theme, with the speaker sharing insights from the top one percent and beyond. The script discusses various personal and professional strategies that have been observed to lead to success, such as choosing the right partner, investing in assets, and maintaining discipline.

💡Millionaires

Millionaires are individuals with a net worth of one million dollars or more, excluding the value of their primary residence. The video aims to provide insight into the mindset and behaviors of millionaires, suggesting that the advice given applies not only to the top one percent but to an even more elite group. The speaker has personal experience with this demographic, having made millions in his 20s and interacting with wealthy and influential people.

💡Ambition

Ambition is the strong desire to achieve something, often requiring determination and hard work. In the context of the video, ambition is portrayed as a driving force behind the success of the top one percent. It is suggested that those with grand ambitions need a supportive partner who understands their goals and provides a 'safe space' at home, illustrating the importance of personal support in achieving success.

💡Assets

Assets in the financial context refer to items of value that an individual or company owns. The script emphasizes the importance of purchasing assets, especially when one comes into a significant amount of money. It suggests that assets are a wise investment because they are tangible and less likely to be impulsively sold compared to more liquid investments like stocks or cryptocurrency.

💡Practicality

Practicality is the quality of being concerned with what is actually possible or achievable, rather than abstract ideas or ideals. The video mentions that the most successful people often make money in 'boring' ways, indicating that practicality is key to financial success. It contrasts the idea of building a 'billion-dollar unicorn company' with the reality of wealth accumulation through traditional, efficient, and less glamorous means.

💡Morning Routine

A morning routine refers to a set of activities performed upon waking up, often designed to set a positive tone for the day. The speaker in the video suggests that the time one wakes up is less important than having a consistent morning routine. This routine can vary from person to person but is crucial for starting the day with intention and focus.

💡Discipline

Discipline is the ability to control one's actions and emotions and to follow a specific pattern of behavior. In the video, discipline is highlighted as more important than motivation for long-term success. It is posited that motivation can be fleeting, whereas discipline ensures consistent action, even when one does not feel inspired.

💡Opportunity

Opportunity refers to a set of circumstances that makes it possible to do something or a favorable juncture for attempting something. The script advises viewers to choose the right opportunity at the right time, emphasizing the importance of timing and sequence in one's career or business endeavors. It warns against trying to replicate the actions of successful individuals at different stages of their journey.

💡Private Victories

Private victories are personal achievements or successes that are not publicly recognized but are essential for personal growth and development. The video explains that significant public achievements, such as material wealth or public acclaim, are built on a foundation of numerous private victories. These are the unseen efforts and sacrifices that contribute to eventual success.

💡Effortlessness

Effortlessness describes the appearance of something being done with great ease and without apparent effort. In the context of the video, it is mentioned that after a decade of dedicated work in a singular pursuit, it begins to appear effortless. This concept is used to illustrate the idea that mastery and expertise, which may seem easy to outsiders, are the results of years of hard work and dedication.

Highlights

The speaker shares 17 success secrets from the top one percent, emphasizing insights into what makes millionaires successful.

The importance of choosing the right partner is highlighted as the most crucial decision for success outside of work.

The speaker emphasizes the value of personal experience over opinions in decision-making processes.

The strategy of investing in assets rather than spending money on fleeting luxuries is discussed.

Practicality over trendiness in business is stressed for long-term success.

The significance of a consistent morning routine in setting the tone for a productive day is mentioned.

The advice to speak less and listen more in negotiations and high-stress situations is given.

The importance of timing and choosing the right opportunities at the right time is underlined.

Discipline is positioned as more critical than motivation for sustained success.

The speaker advises holding onto A1 assets for long-term financial stability.

The concept of not resting on one's laurels and the need for continuous effort post-success is discussed.

Building a good relationship with banks from an early stage is recommended for future financial needs.

The necessity of keeping a small and solid circle to maintain privacy and support is highlighted.

Radical responsibility, taking ownership of failures as well as successes, is presented as a key to improvement.

The speaker argues for the importance of embodying the hunger of new money with the wisdom of old money.

The notion that one cannot change the world alone, but can make it slightly better, is introduced.

Private victories are identified as the foundation for public successes.

The concept that mastery in any field takes a decade or more of dedicated effort is shared.

Transcripts

play00:00

ladies and gentlemen in today's video

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I'm going to share with you the 17

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success secrets of the top one percent

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now what this means is that I'm gonna

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show you an insight into what makes

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millionaires millionaires but in fact

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even farther than that I've been a very

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fortunate situation to make tens of

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millions of dollars in my 20s and have

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an incredible audience that Tunes in and

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listens to me and because I've worked

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hard but also been incredibly blessed in

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this life that's also meant that I've

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had anyone you could ever imagine try to

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reach out to me connect I'm talking the

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richest men in certain countries that

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literally play paddle and tennis with

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I'm talking some of the highest level

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football or some of the highest level

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Formula One drivers I'm talking

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self-made owners of some of the biggest

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companies on Earth so the reason I tell

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you this is because what I'm going to

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share with you are things that I've

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personally learned in my time

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accomplishing a fair amount definitely a

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very respectable amount but nowhere near

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what some of these people that I spend

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time with on a weekly basis what they've

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accomplished so even though the title of

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the video is to share with you the

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secrets of the top one percent this is

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really stuff that applies to the top

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zero zero one percent in any given

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industry so with no further Ado let's

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get straight into it now real quick

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before we get into this video all of

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these concepts are very conceptual and

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are life lessons that you need to apply

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but I know for a lot of people watching

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they want that hey do this do that don't

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do this don't do that to actually start

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with their own entrepreneurial venture

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and to start making money online this

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year and there's tons of good ways to do

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it and tons of bad ways to do it so

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after you finish watching this video I'd

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recommend you check out the most popular

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video on my YouTube channel where I

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basically compare all the most popular

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business models and actually break it

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down with an equation and a formula what

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works and what doesn't work and what you

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should probably try based on your unique

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skill sets so if you think that YouTube

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video may be of interest I'll leave that

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as a first line in the description and

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you can watch that after you're done

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with this anyways so the first secret of

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the top one percent is they realize that

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the woman they choose will be the most

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important decision that they ever make

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outside of work as men the thing that

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consumes most of of our time is usually

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women whether I be chasing women having

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experiences having fun whatever doing

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your thing being single spreading your

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wings all that stuff which by the way I

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have done plenty of in the past it's a

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lot of fun enjoy yourself do it if you

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want to do it and also don't ever let

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anyone shame you into thinking that's

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wrong it's not wrong at all but it is

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undeniably a distraction so obviously to

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build a brighter future the best thing

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you can have by your side is an

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incredible woman but at the end of the

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day most men don't choose the right

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woman to have by their side most men

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that want to accomplish something big in

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life don't have a partner that

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understands their grand ambition and

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understand that they need a safe space

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at home if they're going out and they're

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conquering and they're doing all of this

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for their future family for their wife

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at home it needs to be a safe space it

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needs to be a safe loving nurturing

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caring environment or at least that's

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what applies to extremely ambitious men

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which if you're watching this I assume

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is a category of men that you fall into

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so either men choose women that are too

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turbulent or or and I see this a lot as

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well men choose women simply based on

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their looks and at the end of the day

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looks fade looks fade and so does

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attraction and I'm talking about some of

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the most beautiful women on earth I'm

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talking your 10 out of 10s I'm gonna be

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very honest with you for every you know

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beautiful girl 10 out of 10 you see

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there is a man at home who's been with

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that person for years and no matter how

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beautiful she is

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he's bored of her attraction he's bored

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of her looks and that's just kind of

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what we're like as men but so many guys

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are so stupid and they think oh just

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because she's pretty okay cool you know

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she'll be the woman by my side it's very

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foolish because if you have grand

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Ambitions in life it's gonna get

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turbulent and you need a good person by

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your side and that's really what I've

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noticed with the most successful men and

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for me the most respectable men that

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I've ever seen is listen if they wanted

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to they had their turbulence in the past

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like they they enjoyed themselves they

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had their experiences they did whatever

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they wanted to do and some men that I

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meet that I really respect and are

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multi-billionaires they've only had one

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partner their entire life and that's

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beautiful as well but whether you go

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down the path of high school sweethearts

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or whether you you know have your

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Playboy era the destination needs to be

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the same which is an incredible woman by

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your side and a woman that you choose

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not based purely on looks or oh if I go

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to a dinner party and you know I got a

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beautiful woman by my side I'll have

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more respect because listen I can tell

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you high level men they don't respect

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that I think when I see a guy and he has

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a beautiful woman by his side and I know

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that it's just a little bit of fun for

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him sure that's great but when that's

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his Queen like that's a Woman by his

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side and she's pretty and that's it but

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she has no social intelligence or

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they're at a dinner table and you know

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she's on her phone or she just doesn't

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really know how to represent her and her

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man

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what respect is there in that so just

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understand for the men watching this and

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as you guys know I speak specifically to

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men but still shout out to the 10 or 12

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of women that watch this as a man the

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most important decision you will make in

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your life is a woman that you have by

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your side the second success secret and

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this is something that Percy comes from

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me and I tell people this all the time

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everyone deserves an opinion not

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everyone deserves a say and here's what

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I mean by that there are certain things

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in life that I simply do not know I've

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not done the research I don't have any

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life experience and one of my favorite

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things when someone asks me my opinion

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on something that I'm just not very well

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educated on I haven't really given much

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thought or time or attention to it I

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just love being able to say I'll be

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honest I don't really have an opinion on

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that or I just say I can't really make

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an informed judgment on that so what I

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mean by this is I believe everyone

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deserves an opinion everyone can have an

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opinion but not everyone deserves to say

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it and you need to understand that this

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applies to your parents to your friends

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to maybe sometimes even in your business

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I will always always take the opinion of

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everyone in my business but some people

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they deserve an opinion but they don't

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deserve a say and I don't mean that to

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belittle anyone because there's areas of

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my life where I should definitely be a

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louder opinion but maybe I don't really

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deserve a say because I just I don't

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have enough experience in that to really

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bring anything meaningful to the table

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so just remember this next time you're

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letting other people's judgments Cloud

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that inner direction that you know you

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have because a lot of people around you

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will give you their opinion you know

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your friends your family all this and

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let them have their opinions but they

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shouldn't have a say in how your life

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goes because who are they to tell you

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unless it's someone who's extremely

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successful of what you've done then yeah

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they should probably have a bit of a say

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in what's going on so from day one

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always distinguish what is an opinion

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and what is good advice those two things

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are very different this third success

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secret of the top one percent is once

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they make money and especially when they

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make money in a bulk amount because a

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lot of people you know maybe they sell

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their company maybe they have you know a

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massive month in their business maybe

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they sign a big contract unless they get

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a big sum of money in they go and buy

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assets and the reason that is is

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especially in your first I would say

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really even your first 10 to 20 years in

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business or in your career you are a

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massive liability to yourself if you

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make a lot of money there's a high

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chance a high probability that you will

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spend it or maybe you have a rough

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period in your life or maybe you just

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have a core life or a midlife crisis I

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mean these things happen so instead of

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having all this cash instead when you

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get a big lump sum of cash and go buy

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assets go buy assets and go buy good

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quality things that are a little

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difficult to sell because the other

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thing go invest a percentage of your

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portfolio into stocks into crypto sure

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do these things but at the end of the

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day it's just one click of a button and

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you can sell it whereas when you're

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buying things like physical gold when

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you're buying things like houses even

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later down the line like I've been doing

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a lot of in the last couple years buying

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equity in businesses these aren't things

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that you can just sell easily so once

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you start making good amounts of money

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just remember you will be the biggest

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liability to yourself just remember that

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you have a long career ahead of you and

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there's always time to buy the Glamorous

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things that you want and do this and do

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that and you can do those things but

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first go buy some assets go get that

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money away from you now the next success

play07:42

secret is do what's practical not what's

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sexy the most successful people I've met

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they haven't made their money by having

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a you know an activewear brand or by

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building this super complicated product

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that took 73 million dollars in

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investment to go off the ground no most

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of them make money in really boring ways

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really old traditional B2B Services

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building software and then licensing it

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out to Big corporations Import and

play08:06

Export Logistics

play08:08

Timber like honestly the richest people

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I've met they don't do things that are

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like that billion dollar unicorn company

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they just find areas in the market where

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there's inefficiencies or where they can

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just do something even three percent

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better and because of that they get more

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of the market shares so yeah really what

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it comes down to is don't think that you

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need to build a billion dollar unicorn

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company just understand that there's

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money literally all around you and it

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doesn't need to be as sexy as you think

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it does the next success secret is that

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the morning sets the tone for the rest

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of the day I have friends of mine that

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are multi-billionaires and some of them

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wake up at 10 am and some of them wake

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up at 6am and they're equally as

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successful because I have friends of

play08:45

mine that work in different time zones

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so for them to wake up at 10 A.M makes

play08:48

more sense and I have friends that have

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physical offices and only work in one

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country so they don't really need to

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think about time zones so for them it's

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nice to wake up at 6am wake up get a

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training session in be in the office by

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eight or nine so just understand this

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whole like 5 a.m 4 a.m like you

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don't need to wake up early necessarily

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to be successful you just need to wake

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up at a time that makes the most sense

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for you and that can be different for

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different people I personally wake up at

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8am back when I used to live in London

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you know five years ago I used to wake

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up at 5 30 in the morning that worked

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for me for a while until I realized that

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like actually I'm not really a morning

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person and then I stuck to 6 30 because

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6 30 I wake up my personal trainer would

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be at my house would be at the gym by

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seven o'clock and that worked for me for

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a few years and then now since I moved

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to Dubai I have 150 employees and most

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of my employees are in America or UK so

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you know now eight sometimes even 8 30

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that works a little better for me so

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it's not about the time that you wake up

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instead it's about having a set morning

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routine a set thing that you do every

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single morning and just understanding

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that you can't crawl out of bed eat a

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high sugar breakfast scroll on your

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phone watch some YouTube and think that

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that's going to be an impactful way to

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start your day for me I wake up I wash

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my face I get direct sunlight and do a

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bit of stretching and warming up for 30

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minutes and then I train for like an

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hour and a half have some breakfast and

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get to work and that's my schedule here

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at my home sometimes when I'm traveling

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and I'm not training as intensely

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sometimes my morning routine will be

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wake up have a coffee and get straight

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to work it doesn't need to be anything

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super crazy or 17 different steps the

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next thing is the less you talk the more

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they listen there's a lot of people out

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here that spill too many secrets that in

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negotiations are the first one to say

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the price you should never ever be the

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first one to say the price when you're

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negotiating a deal and just in general

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get themselves in way too much trouble

play10:34

by talking too much so just remember the

play10:37

less you talk the less mistakes you're

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gonna make in sort of high stress

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situations and usually the less you talk

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the more other people listen and it's

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just been my personal observation that

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the most successful people I know they

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usually don't talk too much they would

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rather listen they'd rather analyze a

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room and it's not always from this

play10:55

Machiavellian you know trying to win a

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war type thing a lot of times they're

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just listening because they actually

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want to get other people's opinions they

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want to be questioned they want to get a

play11:05

new perspective so just remember the

play11:07

less you talk

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the more they listen the next thing is

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pick the right opportunity at the right

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time and so many people have issues with

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this and I feel like YouTube and social

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media is a very uh terrible place for

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this as well because one thing I see a

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lot is people say don't do what someone

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says do what they do or something along

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those lines do you realize how stupid

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that is because here's the thing if

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let's say someone has been in an

play11:29

industry for 10 years and they're

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telling you hey if I was starting out I

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would do this are you gonna be stupid

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enough to think that you starting from

play11:36

square one can do what someone else is

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doing after 10 years in the industry no

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don't be silly everything in life is

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about doing things in the right order

play11:46

it's not always about doing the right

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thing it's about doing it in the right

play11:50

order so just understand the things you

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do today are nowhere near as impressive

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as what you can do in three years ten

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years 30 years in 30 years if you do

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business right and if you have a good

play12:01

career you should be able to make a

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phone call and that same evening have

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five million dollars in your bank

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account just simply based off of

play12:08

Goodwill and your reputation you can't

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do that now in 30 years you should

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probably be able to sell a hundred

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thousand dollars a million dollars five

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million dollars worth of a product or a

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service before you even create it just

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because you have so many loyal customers

play12:22

over the years that understand whatever

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you put out is quality so I wanted even

play12:27

if it's not available yet you can't do

play12:29

that right now there's businesses in 30

play12:31

years that will cost you

play12:33

four million dollars to start and in the

play12:35

first year they're gonna break even but

play12:36

within five years of running the company

play12:38

it'll be a 40 million dollar a year

play12:39

company but just remember you needed

play12:41

that four million dollars to start in

play12:43

the first place so you don't have that

play12:45

so don't look at what someone else is

play12:47

doing let's say you're a real estate

play12:48

agent don't look at what a real estate

play12:50

agent is doing in their 15th year as

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being a real estate agent no look at

play12:54

what they did when they first started so

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pick the right opportunity at the right

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time at what I call the correct point

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when it comes to your career timing the

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next thing is discipline over motivation

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listen if you're going to become

play13:06

successful most of the time you're not

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going to be motivated to do it

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motivation is kind of like Runners High

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when you're running when you're running

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a marathon you're only going to get

play13:13

Runners high for some of it for a very

play13:16

small portion you're gonna get that

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feeling where you're running on clouds

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and you've got this intrinsic energy and

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all this stuff that's a very small

play13:22

portion when you lose that feeling of

play13:24

Runners High what you just give up on

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the marathon no you just need to have

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discipline you need to lock in and you

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need to do it whether you feel like

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you're not and that's the way having

play13:32

this successful career is motivation is

play13:35

great sometimes you're gonna get it but

play13:37

it's fleeting you need to rely on

play13:39

discipline instead the next success

play13:41

secret of what I've observed and

play13:43

witnessed from my wealthiest of friends

play13:45

is they bought A1 assets as early as

play13:48

they could in their career and they held

play13:50

on to them a lot of these people have

play13:51

property in London New York Paris La you

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name it and they've had these properties

play13:57

for 10 20 years and they've held on to

play14:00

them and it's not just properties I'm

play14:01

talking license plates I'm talking

play14:03

hotels and I understand it's going to

play14:05

take a bit of money to buy these things

play14:06

so of course you've got to focus on

play14:08

having a good career first but once you

play14:09

have a good career buy these A1 assets

play14:11

which aren't the most exciting

play14:13

Investments you know you're not going to

play14:14

make the craziest returns but you're

play14:16

never going to lose money and it's stuff

play14:18

that you can have throughout generations

play14:19

and I know it's not important right now

play14:21

but later down the line and it's one of

play14:23

the next points that I will talk about

play14:24

so in 20 years when you want to buy

play14:25

something let's say you want to buy a

play14:26

jet you're not going to be spending 20

play14:28

million dollars on a jet no you're going

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to put four million dollars down in the

play14:31

other 60 million dollars the bank has

play14:33

going to give you and when you have

play14:34

incredible A1 Assets in your portfolio

play14:37

stuff that isn't the highest returns but

play14:39

there's basically zero risk the banks

play14:41

will have absolutely zero issue giving

play14:42

you money the next success secret is

play14:44

that if you sleep on a win you're gonna

play14:46

wake up with a loss and what I mean by

play14:48

that is just because you won does not

play14:51

make you a winner winning is a

play14:53

continuous process I see a lot of people

play14:55

in their teens in their early 20s and

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I'd say this is probably the biggest

play14:59

reason I'm in the position that I am is

play15:01

because I made my first million dollars

play15:03

cash at 18. but a lot of people in that

play15:05

situation they buy their Lambo or lease

play15:07

it or whatever they get a nice apartment

play15:09

and then they're King of the castle

play15:11

they're a winner and they had their win

play15:14

and they're happy with that or they go

play15:15

to bed with a win they hibernate with a

play15:17

win and then they wake up a few months

play15:19

later with a loss you need to understand

play15:20

that it is so much harder to keep it and

play15:23

multiply it than it is to get it getting

play15:24

it is one thing so of course celebrate

play15:26

your wins celebrate the times when you

play15:29

said you were going to do something and

play15:30

you stuck to your word but just

play15:31

understand that if you stay in that

play15:32

place if you keep revisiting the past

play15:35

then the future is not going to look

play15:36

very pretty for you now the next success

play15:38

secret and I kind of alluded to this

play15:40

earlier is build good relationships with

play15:42

the banks from early on and the reason I

play15:44

say build good relationships with the

play15:45

banks early on is for a couple reasons

play15:47

number one as much as I hate banks at

play15:50

some point you will need them if you do

play15:52

want to creatively Finance some of your

play15:54

assets whether you want to creatively

play15:56

finance a business acquisition you know

play15:59

you want to buy equity in a new business

play16:00

you want to start a new business you

play16:01

name it banks are very useful and the

play16:03

other thing is when it comes to making a

play16:05

lot of money I know some of you guys are

play16:06

literally sitting at home in your mom's

play16:08

basement and you're going why do I need

play16:10

to think about or start worrying about

play16:11

you know me making so much money that I

play16:13

need good banks on my side that aren't

play16:15

going to give me troubles yeah listen

play16:16

maybe this month you're not going to

play16:18

make good money maybe next year you're

play16:19

not going to make good money hey maybe

play16:21

you're not going to make good money for

play16:22

10 years but they will get to a point if

play16:23

you keep working that you make enough

play16:25

money that it raises normal Banks

play16:27

eyebrows just normal banking eyebrows

play16:29

and that's where premium banking is a

play16:31

step above and then eventually you start

play16:32

getting into some private Banks and then

play16:34

it's a matter of where do you have your

play16:35

private banking and stuff like that but

play16:37

the point is from the age of 14 I

play16:38

started reading Finance books I started

play16:40

to understand how the world of banking

play16:42

and finance works and I didn't need that

play16:45

yet but at least I was aware and I knew

play16:47

that hey once I have a lot of money I

play16:49

need to be able to have good banking on

play16:50

my side and by the way all of my assets

play16:52

I don't have uh financing I don't have a

play16:54

mortgage on any of my properties I don't

play16:56

owe any Bank any money but it's good to

play16:58

know that if I need 10 million dollars

play17:00

by next week I have it there if I need

play17:02

it it's good to know that when I need to

play17:04

send a wire for a few million dollars

play17:05

they don't give me headaches because if

play17:07

you're dealing with normal banking good

play17:08

luck they're gonna think you're a

play17:09

criminal even if you've been in the

play17:11

cleanest businesses and you have years

play17:13

and years of track record

play17:15

it's normal banking they want to make

play17:17

your life as difficult as humanly

play17:19

possible so at least if you can just

play17:20

start thinking about these things from a

play17:21

young age you don't need to apply it but

play17:22

I just want to prepare you for it in the

play17:24

same way I've prepared for it 10 years

play17:25

ago well before I even made my money the

play17:28

next success secret is keep your circle

play17:29

small listen you can have a lot of

play17:31

acquaintances you can have a lot of

play17:33

business associates a lot of people can

play17:34

know who you are but in terms of your

play17:37

actual Circle the people that you will

play17:38

tell things to the people that you will

play17:40

confide in you have to keep that Circle

play17:42

small because there's only a few select

play17:44

amount of people that can keep up with

play17:46

your pace with a pace that you're moving

play17:47

forward and you're evolving in life

play17:49

there's only a few select amount of

play17:50

people that can keep up with it and the

play17:52

other thing is loose lips sink ships the

play17:55

more that you tell people things the

play17:57

more loose ends that you're creating and

play17:59

the more chances for that to come back

play18:00

and bite you listen it doesn't matter

play18:02

what you've done in life whether you've

play18:03

lived the holiest of holy life or the

play18:05

most sinful of life people shouldn't

play18:07

know your private business your private

play18:08

business should remain private to you

play18:10

and when you keep your circle small you

play18:12

know that it's safe whereas you know if

play18:13

you want to be the person who's buddy

play18:15

buddy with everyone and as I said be

play18:17

play be friendly hey Network do whatever

play18:18

you want to do but I'm talking don't be

play18:20

the person that meets someone and in the

play18:22

first or second dinner you know you're

play18:23

telling them your deepest darkest

play18:25

secrets and all this stuff because my

play18:26

rule of things is I will never tell

play18:28

someone outside of my inner circle you

play18:30

know my trusted confidence I will never

play18:32

tell someone something

play18:34

that I wouldn't want other people to

play18:35

know so if I tell someone something I

play18:37

know full well unless they're in that

play18:39

little small Inner Circle that I have

play18:40

that they're gonna tell other people and

play18:42

even if they don't tell other people at

play18:44

least I mentally prepare myself for it

play18:46

and that gives me a good filter of what

play18:47

do I tell people and what do I not so

play18:49

just remember keep your circle small and

play18:51

keep your circle solid the next success

play18:54

secret to talk one percent is radical

play18:56

responsibility your marriage failed your

play18:59

fault your business failed your fault

play19:01

you know you got a knee injury the man

play19:03

you couldn't uh play tennis for six

play19:04

months your fault whatever it is it's

play19:06

your fault because that is the only way

play19:08

to properly look at your life and

play19:10

analyze what are the inputs that could

play19:12

have led to this final outcome you know

play19:15

whereas if you just blame it on

play19:16

externals and all this you're not going

play19:18

to get very far in life the next success

play19:20

secret is work like your new money but

play19:23

act like you're old money and have the

play19:25

values of old money from our early age

play19:27

all I wanted to do was dress like old

play19:29

money have financial literacy like old

play19:31

money have old money principles values

play19:35

and bear in mind I'm 23. I'm not perfect

play19:37

I still show aspects to my life and I

play19:39

still talk about money in a way that

play19:41

probably you know the old money crowds

play19:43

would hate but that's also just because

play19:44

you know I've been uploading YouTube

play19:46

videos for eight years I talked about

play19:47

things openly and honestly when I was

play19:49

broke and I talk about things openly and

play19:51

honestly now that I've been able to have

play19:54

a decent amount of financial success in

play19:56

my life so just remember you want to

play19:57

have that hunger of new money you know

play19:59

old money they don't have that same sort

play20:01

of hunger but what old money has is

play20:03

wisdom so if you can match up that

play20:04

hunger that drive that pushes you

play20:06

forward but then have the wisdom and

play20:09

always learn from old money then that

play20:11

will be your secret to not only making a

play20:13

lot of money but making sure that you

play20:14

don't lose it once you get it the next

play20:16

success secret and this may be a little

play20:18

controversial is that you are not going

play20:19

to change the world but you can make it

play20:22

slightly better I'm so sick and tired of

play20:24

these people who are like I'm Gonna

play20:25

Change the World you know I'll give you

play20:28

a perfect example I listen maybe some

play20:29

people have different opinions I'm just

play20:32

this is just my opinion Apple did not

play20:34

the world because here's the thing I

play20:36

love my iPhone I love my Apple ecosystem

play20:39

but if Apple didn't exist I guarantee

play20:41

you I would be more than happy with

play20:43

Samsung there will be no void missing in

play20:45

my life there'd be no you know my life

play20:46

wouldn't be in shatters I would get used

play20:48

to Samsung very very quickly all this

play20:50

stuff so as a company realistically

play20:51

you're not going to change the world but

play20:53

you can make things slightly better and

play20:55

that's the beauty of it for me I I just

play20:57

love people that have things in their

play20:59

life that don't seem like that big you

play21:01

know for example a lot of these Japanese

play21:02

sushi chefs you know you're not changing

play21:04

anyone's life by sourcing the right Tuna

play21:07

on the right day and spending 60 years

play21:09

or 40 years in apprenticeship and

play21:11

learning and practicing how to make the

play21:13

right sticky rice and how to sharpen

play21:15

your knife in the right way and how to

play21:17

cut the fish at the right angle you're

play21:18

not changing anyone's life but you are

play21:20

making the world slightly better because

play21:22

whatever it is that you're doing however

play21:25

insignificant it may seem to you just do

play21:27

it the best that you can and then that's

play21:29

when the world changes when we all

play21:31

rather than trying to be this Larger

play21:33

than Life person of like like I'm Gonna

play21:35

Change the World that to me that's

play21:37

just so grandiose and self-absorbed just

play21:39

realize listen whatever I'm doing I want

play21:41

to be the best at it and I want to put

play21:43

out the best service the best product I

play21:45

want to put a smile on people's face I

play21:47

don't care if I'm a waiter I want to be

play21:48

the best waiter out there and you're not

play21:50

going to change the world by doing that

play21:51

but you'll make the world a better place

play21:53

and if we all do that that's how we

play21:54

change the world the next success secret

play21:56

is that private victories lead to public

play21:58

victories and you need to understand

play22:00

this you need to understand that when

play22:01

you see someone who gets on their jet or

play22:03

they drive their Rolls Royce or whatever

play22:04

it is there were so many private

play22:06

victories that went into it just

play22:08

understand the bigger the public Victory

play22:10

the more private victories that went

play22:12

into it you know for someone to go out

play22:13

there and buy a Gucci or Balenciaga

play22:15

hoodie they probably didn't need to have

play22:17

that many private victories they

play22:18

probably didn't need to have that many

play22:19

years of just sacrificing putting your

play22:22

head down discipline doing things that

play22:23

you don't want to do because you have to

play22:25

do it it really didn't take that many

play22:27

private victories to create that public

play22:28

Victory but for someone to buy a 60

play22:30

million dollar jet you bet your ass

play22:32

there was so many private victory you

play22:34

will never comprehend you will never

play22:36

understand you better ask them when a

play22:37

boxer wins a boxing match at the highest

play22:39

level that's cool but you know how many

play22:42

private victories went into that how

play22:44

much people don't see so just

play22:46

understand whatever you want in life the

play22:48

bigger the public Victory the more

play22:51

private victories are going to need to

play22:52

go into it and last and final success

play22:54

secret of the top one percent is that

play22:55

after 10 years of doing One Singular

play22:58

thing it will start to look effortless

play23:00

and I think sometimes people look at

play23:03

someone's career or how good someone is

play23:05

at something and they go I could never

play23:07

do that they just make it look so

play23:08

effortless they make it look so easy of

play23:11

course when you work that hard it starts

play23:13

to look easy it starts to look elegant

play23:15

and you really start to have that effect

play23:17

after 10 years onwards when someone has

play23:20

been doing something for 10 years plus

play23:21

it will start to look effortless and

play23:24

just understand that shouldn't scare you

play23:25

when you first start that's a part of

play23:27

their process they had to go through

play23:28

that process of things being clunky and

play23:31

them being bad at things and they have

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to do it so many years a decade plus and

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then it starts to look effortless and

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eventually when you find something that

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you have respect for do you have

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appreciation for and you go okay I'm

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going to dedicate my life to becoming

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good at this thing even if I wake up

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with zero motivation for it or not when

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you dedicate your stat eventually you

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will start to make it look effortless so

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ladies and gentlemen those are 17

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success Secrets I have learned from not

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only the top one percent but the top

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zero zero zero one percent in many

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different domains and verticals in life

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I feel like this is one of those videos

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you really need to re-watch again and

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again and again to really let these

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lessons sink in and as always I'm

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watching you from afar and I'm rooting

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for you

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