I Met 94 Billionaires … Here’s 6 Things I Learned

Summary

The speaker shares insights gained from working with 94 billionaires, highlighting key habits and mindsets. From texting over calling to valuing time as their greatest asset, billionaires prioritize efficiency and discretion. They are cautious of being exploited, often trusting no one easily, yet are willing to invest heavily in growth opportunities. The speaker emphasizes that billionaires focus on their strengths and leverage others for the rest, revealing a strategic approach to success and a human side to these ultra-wealthy individuals.

Takeaways

• 📲 Billionaires prefer texting over calling to save time and money, valuing the efficiency of communication.
• ⏱ They are experts at not wasting time, making quick decisions and not letting trivial matters consume their focus.
• 🛡️ Billionaires are cautious about being taken advantage of and are selective about who they trust, often guarding their circle of influence closely.
• 💰 They understand the difference between possessions and growth, being frugal in some areas while investing heavily in others for long-term benefits.
• 🏠 Material possessions are not the focus for billionaires; they may live modestly despite their wealth, prioritizing investments over luxury.
• 🚀 Billionaires are willing to spend on investments that offer a return or contribute to their business growth, such as yachts or properties that facilitate networking.
• 🎯 They focus on their core strengths and delegate or leverage others for tasks outside their area of expertise.
• 🔄 Billionaires are quick to move on from relationships that do not serve them, valuing loyalty but also the agility to cut ties when necessary.
• 👥 Despite their wealth, billionaires face 'higher quality problems' and are still humans with everyday issues, albeit on a grander scale.
• 🤝 Building trust and being a reliable problem-solver for billionaires can be a gateway to their exclusive society.
• 🌐 The speaker has gained recognition and a reputation for catering to the unique needs of the ultra-wealthy, as noted by the 'broker to the plutocracy' title.

Q & A

How many billionaires are mentioned in the transcript as being in the speaker's contacts?

The speaker mentions having 94 billionaires in their contacts.

What is the primary mode of communication the speaker uses with billionaires according to the transcript?

The primary mode of communication the speaker uses with billionaires is texting, as it is more time-efficient.

Why do billionaires prefer texting over phone calls as per the speaker's experience?

Billionaires prefer texting because it is a more time-efficient way to communicate and allows them to quickly share thoughts or decisions without the time commitment of a phone call.