How to Have Habits of Self-Made Millionaires | Empire Podcast Show

what if you just go hell or high water I'm gonna make it my life's mission to become a multi-millionaire and you do nothing else but commit to being a multi millionaire you decide to become relentless you follow the clues you take responsibility for everything you know what will happen you will either die or you will be a multi-millionaire but there's no third option [Music] hey you might think that making money is all about the hustle and grind but today we want to challenge you to include Empire thinking and leadership in your ability to increase your wealth hi I'm Craig Valentine and this is Pedro school Ian and we are here with another episode of the Empire podcast show and B today we're gonna talk about habits of self-made millionaires yes sir and I don't know anyone more qualified than you and I yeah because we came from nothing we came from totally broke dead broke you came from communist Russia and so listen we are going to help everyone listening understand what it really really takes in order to go from nothing to something from zero to hero and that's what it's all about and then you build these habits so that you go from not just self-made millionaire but also self-made multi-millionaire and above and beyond so listen B what do you believe in terms is like kind of a foundational habit that or you know mindset that people who want to make money really need to have sure well I believe there's three specific things that all self-made millionaires have and this isn't to discount anyone who was passed down a business and was able to take that business and you know 5x10 exit it's not to discount them but all self-made millionaires that I've connected with and you and I know know dozens and dozens upon our one extremely relentless relentless in the way they think relentless in the way they operate they have almost operate from this fire in the belly chip on the shoulder shoulder right mentality that they have and it's there is no what if I fail it's just I'm gonna make it it's just a matter of when or I'm gonna die trying so you've got to be that that level of relentless number two self-made millionaires have an amazing belief in themselves I found this out very early when I'm talking and immediately now I can talk to someone and tell you if they're gonna end up making it or not because of the words they use their vocabulary self-made millionaires have an amazing amount of self belief and self confidence they know they're gonna make it they can see the vision before they got there they're frustrated because they're not they're like excited member feeling this and I thought I was crazy like I know what it's gonna feel like when Fit Body Boot Camp is a global brand that we all these locations worldwide and I was angry about the fact we only had three locations at the time right and all I wanted to do was get there cuz I could sense it feel it taste it but self-made millionaires have this belief in themselves that most people don't that they're gonna make it and the third well actually I'll just say one thing there I was out on the date with this girl named Vanessa and she was you know I was telling her about my business and she said well you know weren't you scared and I was like I never really thought of that I was just like I'm going to do this it's not even an option for me to fail I'm going to succeed one way or another and when I first started coaching Isabel de los Rios who runs beyond diet as soon as they're on the phone just like you said you can tell immediately I was like oh yeah there's nothing stopping this girl she's gonna run through a wall if that's what it takes to build her business so that is a key key element yeah they're in it and the third and final thing that I found about self-made millionaires is they're really good at following the clues in other words they know the success leaves clues and they're very good at finding people in the industry that they want to be in or are in and seeing who the successful are and then finding the clues they don't waste their time trying to recreate the wheel and when you have that relentless belief system that you're just never going to quit when you can see it sense it feel it taste it before it ever happened where aren't you scared no I never even thought about being scared because there's just something I'm gonna do yeah and then when you know that others have done it before you and they've left Clues and you just have to deconstruct the clues it's pretty easy otherwise to become a self-made millionaire yeah and I'd like to add one thing to that and that is the power of personal responsibility every self-made millionaire I know believes in whether we move ahead as a company or not is up to me if we struggle it's not somebody else's fault it's my fault first the that self-made millionaires have believed in the opportunity to be the architect of their own life and he would always tell these stories about how he'd be flying to phoenix from somewhere and you know he'd be talking to the person in the seat beside him and the person would go oh you live in phoenix wow that must be amazing oh you have great weather and all this and I you know I live back in Ohio or Tupelo or something like that and you know it's just not right there and he would just sit there and he would fume because he'd be like there's there's nothing that stops you from moving you can do whatever you want but most people are just so ingrained that they can't do this they got all these boundaries all these shackles but the self-made millionaire says there are no shackles on me if it is to be it's up to me that's what they truly believe well said that is extreme responsibility and ownership and you know to that point really you see a lot of people operating like that little elephant at the circus we talked about this before when it's a little puppy elephant they tie it up with a little tether and it tries to get away and they can't this dis elephant becomes a giant mammoth and they still tie it up with a little tether and it won't attempt to get away and that's really Dan Kennedy's point there I think which is most people have all these weird limiting beliefs that they neuter themselves they neuter themselves they have these limiting beliefs that they they stack one limiting belief on top of us I can't move from there I can't start that job I don't have that degree I wasn't born into a rich I'm I'm not against a person what if you just go hell or high water I'm gonna make it my life's mission to become a multi-millionaire and you do nothing else but commit to being a multi-millionaire you decide to become relentless you follow the clues you take responsibility for everything you go to sleep at the same time wake up at the same time you build your morning rituals all around becoming a multimillionaire do you know what will happen you will either die or you will be a multi-millionaire but there's no third option no exactly and so my mentor Marc for another one of my mentors he said he was going to this Dale Carnegie course way back in the early 80s and you know at one of them they said okay you got to pick your number one goal for your life and that's when he decided to get rich to make getting rich his number one goal and he said that's when everything changed because then he realized of this extra work that I'm doing here in order to make something perfect at work it wasn't making him rich it was already 99% of the way they're making it a hundred percent wasn't gonna make him richer and so he decided I'm only gonna focus on things that make me rich making that decision as you said having that personal responsibility I'll allow him to build as wealth so let's go back and ask you how you made your first million because everybody listening is going well I understand these guys are rich but and I guess I heard they were broke but I don't I don't leave it so tell us how you went from zero to hero with your first million sure well really wasn't overnight it was it took four years to make my first million for you like that bamboo yes yeah I'm just like that bamboo you plant it and then you wait you water it for four years now grows 30 feet in 30 days there's like 30 feet in 30 days yeah and so for me what happened was I had to understand that I'm in the service of delivering a solution to problems and so at first I was trying to create a software and then I was trying to create a billing service believe it or not for personal training gems I was trying to do things that were outside of my zone of genius because I knew because my client had told me that he has a software company and he takes a little bit of money from a lot of people great I'll create software I don't know anything about software not that I unless you do you won't be able to succeed but I had no model to follow either right and so I did a little personal inventory I said what am I good at well I was good at I had five personal training gyms they were really successful they were so successful that I was able to get bought out a very rare is very rare for a small business owner to get bought out usually you either keep it and pass along to a family member or when you're ready to retire you shut it down most small businesses just go out of business before they ever mean to and so I was able to build my five gems and eventually sell them for a nice chunk of change and when I did and by the way that wasn't my first million when I did I realized I am good at starting and systematizing personal training gyms and so maybe what I should do is be the guy that offers that solution to personal trainers like I needed when I didn't know anything about the business of personal training and so it took four years to come up to that discovery and very much like that bamboo plant it took literally in the next 90 days I created two courses the PT Business course a personal trainer business course and then close clients the other thing that personal trainers needed which was a sales system on how to convert leads into paying clients and then I discovered Dan Kennedy marketing I started building an email list and a following through my email list because there was no Facebook at the time there was no there were Google AdWords but there's no other social media platform and YouTube had just started between YouTube and my email list I literally spent the next year and generated a million dollars by being the solution provider to personal trainers who were struggling in their business didn't know how to make money get clients and get referrals and that's the solution I provided them and it was a game-changer for me and so often times anyone watching this listening to this there's a expertise that you have right now that people are willing to give you money and you can do exactly what I did figure out what that solution is isolate that solution who is it for get a following of the people from Instagram Facebook YouTube build an email list of a following of those people who need it and then make them the irresistible offer like I did and when you do that very quickly you mask your first million dollars yeah and exactly that's exactly what I did but in the fitness industry selling to the end-user and I realized there's millions of people out there with this problem of not being able to exercise being overweight and I was like okay that's the problem I know how to solve it now how do I get my stuff in front of them and I went and built the systems and was able to go and sell and sell and sell and take my products viral and build that first million so that's what I was able doing it's all about adding value and knowing there's nothing gonna stop me it was it was not an option to fail and even when I did struggle I was like okay I'm gonna come back at this twice as hard tomorrow I'm gonna go and find those resources I'm just relentless turning over every rock and that's what Empire builders have to do they have to go to the source and one of the things that allowed me to become super successful was when I hired my first coach and I show people like I always show the exponential you know graph the hockey stick graph that's what happened my results were good good good hired a coach boom through the roof because the coach had been there and done that they had the expertise and they gave me that no-holds-barred accountability so I would go out there and take action and that's why you and I are like well that's what helped us in the past but so that's why we go out and coach so many other people to building their first million and now we've moved on because we helped so many people do that that we're helping people build that first 10 million dollar business in the empire group well so I'm curious because we heard someone say this this weekend and and I want you to share your answer when someone says you know but I I tried making my membership site for my services and I spent twenty thousand dollars on building that membership site and it just didn't work out and I'm motivation I'm burnt out what do you say to that person like what what hat would he tell them well I say you know what you've you have the work ethic you have the personal responsibility you just took the wrong road and we have talked about this before many many times that the path to success has already been trampled it's already laid out now it's not easy it's just like the path to climbing Mount Everest is already laid out doesn't mean that climbing Mount Everest is easy we just need to go and as coaches what Bay dress and I do is we take these high performer high achiever race cars that are spinning their wheels in the mud we pick them up we just put them on the track that's right beside it and they go racing down the path to success so listen just because an avenue you tried in the past didn't work doesn't mean that you're a failure doesn't mean that you're not going to succeed it just means you haven't got the right coaching in the past so you know to to grow on that story I had a client who was at my mastermind on the weekend a different mastermind and she said last year I spent tens of thousands of dollars on bad coaches and now I've found the one who is going to give me the right results because I've already made more money with you Kraig than I did with those coaches that I wasted all that money on and it's because I showed her the right path to success so listen if you're out there struggling if you have tried a few things it's okay both bade Russ and I didn't make our money the first time we tried starting a business the fact we both struggled but we didn't quit and you won't either if you're gonna be a self-made millionaire that sound right very true man and that's really the secret is to not quit because if you relentlessly apply effort you will make it yeah and but the thing is a lot of people these days are really going down the wrong road so this is a really great opportunity for another classic Pedro's rant about how today so many people are chasing followers instead of adding value and making dollars because they see on social media everybody's getting all the likes and the dopamine hits from from being popular on social media and we get strayed from our path of building a real business and we go oh what can I go and get some likes about today but that is just wasted energy because you're not gonna grow rich if all you're doing is chasing likes right stop right there because we have an issue with that Instagram and Facebook and now YouTube is trying to go towards that Avenue as well is trying to get us addicted to likes and comments and and and follows and all this stuff here's the reality of it listen I want you to get all the likes in the world as possible but you can't take likes comments and loves and and followers to the bank you can't now you and I comparatively have the least amount of likes and followers and etc of thought leaders out there right but we monetize the out of our social media that doesn't mean that we are not good to our social media followers that doesn't mean that we don't add value that we don't give content but the way I look at it is every follower every like is a lead today and if you can't think of it that way then you are there just taking little dopamine hits hoping to put up a post and when you put up a post how many likes can I get how many comments can I get and I know I get it it feels good it feels good in that moment it feels just like it feels when I'm on stage in front of a thousand people and I say something magical and people stand up and clap that's a dopamine hit that's just a thousand people giving me likes that's fantastic but you know what I'm gonna go and build my Empire because the long-term dopamine hit that I'm looking for is consistency in money because money is a vehicle to freedom as we talked about on a previous podcast and when you have money you can move mountains you can help people build a legacy inspire teach give away the reason we're able to give this podcast away for free on this half a million dollar set that we built out is because we've built the empires that fund this free content that we're giving away so my challenge to everyone on there is stop chasing the likes and the followers like I understand when I have half a mil right now I got 22,000 followers on Instagram when I have half a million followers I would make more exponentially more money from those followers but I will give them ten times the value of the money that they're giving me but the moment you're hooked on the the comments and the likes and nothing else you're just taking these goofy little dopamine hits but you're broke as a joke and you're unable to help yourself or help anybody else around you which is really unfortunate yeah because you're totally this tracted going down the wrong path so let's just sum it up habits of self-made millionaires personal responsibility thinking planning taking care of yourself bringing your energy every day having gratitude and being the best that you can so you can add more value to the world stay focused so that you build your empire right yes sir all right so listen if you want to be a self-made millionaire like Pedro's from Armenia and Craig from Canadia listen you can do it you can do it when you're persistent when you have clarity of path and purpose and you know what you want and you know that nothing is gonna stop you from getting it so if you want more listen to every single Empire podcast we've ever put out at Empire podcast com and when you're ready to take it to the next level make sure that you fill out an application that you'll find on Empire podcast calm and we look forward to coaching you to the next level

Channel: Bedros Keuilian

Views: 28,005

Rating: 4.9548874 out of 5

Keywords: empire, business, success, wealth, mindset, money, habits, advice, social media, followers, college, poverty, adversity, experience, apparel, millionaire, self-made, entrepreneurs, podcast

Id: 6NxSd_-a9lY

Length: 16min 59sec (1019 seconds)

Published: Wed Apr 18 2018