7 Simple Habits I Formed in my 20's That GREW my WEALTH to $100,000,000

Summary

In this video, the speaker reflects on seven pivotal actions taken during their 20s that contributed to running a successful 100 million dollar business. These include investing in personal growth, shedding non-supportive friends, embracing opportunities, seeking mentorship, becoming comfortable with solitude, prioritizing reading over social media, and expanding work capacity. The speaker emphasizes the importance of understanding both success and failure as learning experiences and encourages viewers to reflect on their own paths to success.

Takeaways

• 💰 Investing in oneself is crucial for personal growth and success. The speaker invested all their money into moving to California to find opportunities in the fitness industry.
• 🔪 The willingness to shed friends who do not support your growth is important for personal development and achieving success.
• 🗣️ Saying 'yes' to everything in your 20s can help you push your boundaries, learn more about yourself, and prepare for future opportunities.
• 🧑‍🏫 Finding mentors in different areas of life can provide diverse perspectives and guidance that contribute to success.
• 🧘‍♀️ Embracing solitude and being comfortable being alone can lead to self-discovery and is essential for personal growth and leadership.
• 📚 Trading social media and TV for reading can significantly enhance knowledge and understanding, leading to better decision-making and success.
• 💡 Learning to expand your work capacity by taking on more responsibilities and managing them effectively can increase productivity and confidence.
• 🤔 Understanding that investing in personal development, even when it doesn't immediately pay off, is a long-term strategy for success.
• 🌟 Success comes from dissecting both failures and achievements to learn from experiences and make informed decisions.
• 🏋️‍♀️ The speaker's early 20s were focused on fitness, sales, and business, which laid the foundation for running a large company later on.
• 🌱 The belief that doing hard things early in life makes everything later on exponentially easier is a key philosophy for achieving long-term success.

Q & A

What is the main topic of the video?

The main topic of the video is the seven things the speaker did in their 20s that contributed to their success in running a 100 million dollar business.

Why does the speaker believe understanding success is as important as understanding failure?

The speaker believes that understanding success and failure is important because both are experiences that can provide insights into what works and what doesn't, which is crucial for personal growth and improvement.

What was the first thing the speaker did to invest in themselves after college?

The first thing the speaker did was to invest all of their money into moving to California, where they believed there were more opportunities in the fitness industry.

How did the speaker approach buying courses to invest in their personal growth?

The speaker bought courses even when they were unsure if they were the right fit, learning from the experience and not letting it deter them from continuing to invest in themselves.

What was the speaker's attitude towards shedding friends who were not supportive of their growth?

The speaker was not afraid to shed friends who were not supportive of their personal growth, as they believed it was necessary to facilitate their own development.

Why did the speaker say 'yes' to everything in their early 20s despite the anxiety it caused?

The speaker said 'yes' to everything to push their boundaries, raise their threshold for dealing with stress, and set a better baseline for themselves.

How did the speaker approach finding mentors?

The speaker found different mentors for different areas of life, believing that no single person could provide all the guidance needed and that multiple perspectives are valuable.

What was the speaker's experience with being alone during their internship?

The speaker's experience with being alone during their internship was initially uncomfortable and lonely, but it eventually led to a place of bliss where they learned to know and enjoy their own company.

Why did the speaker choose to trade social media and TV for reading?

The speaker traded social media and TV for reading to consume content that would grow them personally and professionally, rather than developing mental habits that could be detrimental.

How did the speaker expand their work capacity?

The speaker expanded their work capacity by taking on more work and learning to manage their mind effectively, even when faced with overwhelming tasks.

What is the overarching message the speaker wants to convey to viewers who are not in their 20s?

The overarching message is that it's important to reflect on what has made one successful and what has prevented success, regardless of age, and to understand that doing hard things early in life can make everything later on easier.