Tuesday, August 4, 2020

7 Ways to CONVINCE People To BUY Your Product

What's up Believe Nation,

 it's Evan. My one word is believe and I believe in people more than they believe in themselves. And my sincere hope is that if you see in you what I see in you you'll be able to change the planet. So to help you on your journey today I'm going to talk about the seven ways to convince people to buy your product. -- So one of the most common challenges for entrepreneurs is we've got a great product or service to sell and we've got to get out there and sell it. How do you convince people that they need to buy your thing? I'm going to give you my seven tips. Tip number one is to change your mindset. I'm not from the old school sales philosophy where you see that next person coming in as your next suit, or as your next car, or hitting your next bonus. From my perspective what's really important is you're trying to serve them. You're trying to actually help this person make a good decision. That may mean pushing them a little bit, that may mean once you understand them to give them the best solution. And we'll go through the points. But it starts with the mindset of you are there to serve, you are there to help and not just try to close. I'm not trying to convince anybody of anything.

 I want to help the person coming through the door. And if you start with that approach I think every other step becomes a lot easier. The reason why it's so important is because you can spend so much of your time dealing with people who are not good fits for your business. A lot of people, a lot of you guys, if you have a list of potential leads or prospects, a lot of these people will never buy from you. And you either spend your time trying to convince the people who are not fits for your company to buy from you. And it's a long, slow, painful, awkward process for both of you. Or you abandon that person and you use that time to focus on finding people who are good fits for your business. And so spend less time trying to convince everybody and more time finding and helping the people who you can help. Step number two is to listen to them. The best tool that you have as a salesperson is your ears. There's a common saying of there's a reason why you have two ears and one mouth. You need to be able to listen to your customers, to understand what they're looking for.

 The worst salesperson and you can even experience it whatever you're going to go out and buy at if your deal with the salesperson is they're just talking at you, talking, talking, talking, talking, talking. You're probably going to get one, really annoyed. And two, a lot of what they're saying is not going to help you. And so if you want to switch that if you want to be a great salesperson your first step is to listen to what the people are saying. Listen to what their problems are. Listen to try to find points that you understand their challenge and then it's easy to come up with a solution that will help them. Also as people are talking it helps them to feel a little bit more understood which improves your sales process cycle, as well. Tip number three is understand their why. This is always a really important process and one where a lot of sales people fall down. Because people come in with one reason for why they think they're buying from you. Or why they think they're interested. But there's always a deeper reason which they may acknowledge or they may need a couple probing questions to figure out. So as an example, people come to dance here, right. Stronger Than Salsa, one of the largest dance school for salsa in Canada for sure, maybe North America. Why do people come here? When you ask them at the beginning it's, well I want to learn some steps, I want to you know I thought salsa was interesting. I want to come and learn. And it's a very surface level answer, it doesn't give me anything. If I'm trying to sell this person, if I'm trying to help this person make a decision as to which class might be a right fit or even if our school is a good fit for them or not, 

I need to understand why they're coming here, right? So as an example, if what they all they care about is the steps and and their goal is to perform and they want to be one of the world's greatest salsa dancers, I'm not going to sell them on a group class because you learn more slowly. Maybe they want to do private lessons with an instructor to learn as quickly as possible. Most people though what they do is they come and they want to meet people. Maybe they just broke up with somebody and they want to get into a new relationship. Maybe they just moved to the city and they want to make new friends. Maybe they're not happy with their work and they just need an escape to go. Maybe they haven't made any friends since University and the people at their work they don't really like. Or they're an entrepreneur and they work by themselves and they want to come and meet people, right. If that's the incentive to want to join, that's good (mumbling) because when I'm done talking to them I can frame everything in a situation that really helps them best. And so you have to understand the why behind the why. Usually it's not the first answer but it's the second or the third answer. So when you ask them why did you find us, what inspired you to call, what inspired you to come into my store, what inspired you to send me that email ask one-level why at least deeper after you get that first response. Because almost by default and this is when you're dealing with a team member this is when you're dealing with investors, when you deal with media there's always a why behind the why. So ask the why and then when they give you a response ask a second why or third why underneath to get to the real core. Because if you understand what really moves them you understand the true intention behind it. And probing them a little bit to figure that out you have a much better chance of giving them the best option and closing that sale. Tip number four is make a connection. At the beginning of this process there's always this kind of standoff right. Nobody likes to be sold. Nobody likes being sold to. People like the buy but they don't like being sold to. And so whenever a salesperson comes up to somebody immediately like you tighten up, you hold in your breath, you don't want to reveal too much, you don't want to be hard pressure sold. That's a typical reaction that happens a lot. But they do want information, they do want somebody to help them. And so by figuring out their why right the why behind the why, the next step that you want to do is make a personal connection with them somehow. Show them that you understand their why. So if you if they're talking about wanting to come take a dance class because they want to make new friends, because they haven't made any friends since college right. Or if they are trying to get into relationship, they're hoping to meet somebody because they just broke up with somebody try to hear a personal story that relates to them. So sharing a good personal story, one, shows that you listen to them. One, shows that you are understanding them. And then also shows that you have a solution for them because you've gone through it yourself. Because you know what situation they're in, you've come through it and now I'm going to show you the path to do it yourself. And so if someone was talking like that as an example I would share about all the great friendships that I've made through dancing. How my social circle exploded because I took dance classes became part of the salsa community. That's one of the most friendly communities, I think, in the world. I did ballroom dancing, didn't meet anybody. I took salsa, my friend circle exploded. I then met my wife. If you're talking relationships I met my wife through a salsa dancing. It's a great way to be able to meet people because you're in a dance class and you're rotating partners every couple minutes so you get to know all the members of the opposite sex in your class. And when you go out to socials and parties part of the process is you're dancing with lots of different people. You don't just stick with one partner all night you're dancing with 20, 30, 40 different people from the opposite sex in one night. And so friendships just naturally happen, relationships just naturally happen. And I can share my story. And so if I understand that that's your real why behind the why and then I share with you my personal story not as a sales pitch to try to convince you but a deep understanding of I am I acknowledge this fear that you have, and this pain that you have, and this desire you have. And then here's how I solved it then it's much easier to get them to follow that path with you. You disarm them, they feel like they're not being sold anymore but you're actually trying to help them. Tip number five is recommend a solution that fits. And so once you've asked the why behind the why and once you've made that connection with them then you have to think, okay, I now really know what this person wants and I know why they want it. Now I need to figure out what's the best option for me to be able to give that person. Well try to dance salsa, we have lots of different classes. We have lots of different options we have salsa, we have bachata, we have performance groups, we have private lessons. We have lots of different things that you could potentially do. And as I'm talking to somebody you know we'll be listening okay, here's what they need, here's what they're asking for. That's an X, that's a yes. And in some cases and this is this is bold but this earns a lot of trust it may mean that you recommend them outside of your company. Maybe the best thing for them to do is not be a part of your company. So example, when people call in to us to say, hey, do you have a kids program? Well we don't right now, there is no kids program. It's something that we've thought about, we're looking into, but it's not a highest priority right now for us. And so instead of just saying no it could also be okay, here are some options. If you get the question enough you can look at different options. Here are some other schools that provide kids programs. So maybe I'm sending my potential customer to one of my competitors but it's the best thing for them. And they'll remember it. It's not often that that happens that a companies willing to recommend you to their competition. And whether you want to take that bold step or not I can guarantee you that it net net wins for you because they remember that relationship. And if they have another potential option or question they're going to come back to you. But even if you don't recommend off to a competing product just be able to recommend the right thing for them, not just the thing that you're trying to sell more of. So a great example a buddy of mine named Louis runs a company called Last Minute Training. They sell all sorts of different training. So example, if you want to learn Excel he'll put you into different Excel classes. He knows which Excel classes best fit for the customer but he also knows the ones that are going to make him the most money. He will always do the best thing for the customer even if he's going to make more money off of this course and send them on this day but he knows it doesn't quite fit their criteria. He doesn't doesn't quite give them what they want he focuses on the customer experience first and that in turn wins loyalty. I mean it's a it's a great way of doing business it earns team respect and team loyalty. So it's not just about the money. But it also keeps the client. If they know that you gave them the best option for them even if you're losing a little bit of money because of it it earns their trust, it earns their loyalty, it earns their referrals. And it's a great way to do business Tip number six is go above and beyond. You need to get referrals for your business. Unless you have money to go and buy Super Bowl commercials and spend a ton of money on ads, entrepreneurs often build their business through referrals. You do a fantastic job for somebody and then they hopefully come back for repeat business. But it also may be the business where they may not want to buy from you for another two or three years or five years, depending on the industry. But you want them to refer people on to you. You want people to pass your name on to them because of the great experience that you gave them. And unfortunately providing a good product or service isn't enough. Like you could give them everything that they wanted, everything that they asked for, but is that's just the bare minimum. Because remember your customers are busy people. Think about how busy you are, think about all the things that you have bought in the past year. How many of those things have you referred on to your friends? Like how many of those do go out of your way? Sure if somebody asks you, hey do you have a real estate agent you can refer me to maybe you pass on the name. But that you go out of your way to say, man I had this crazy experience with this real estate agent. This guy is so amazing I need to tell you about that. How many times have you done that? Probably not that much. Most companies operate at a pretty high level of mediocrity. And most companies don't even get to the point where you're you know really satisfied but that's the bare minimum to entry. Just solving somebody's problem is not enough. You have to think about how you can go above and beyond to make it a special, not just product or service, but experience for them. So every time they are involved with your company in any way a phone call, in person, email, social media however they're interacting with you they feel great as a result. On top of getting the product, service, benefits that you promised. On top of solving their problem. And so be looking at through the entire process of dealing with a customer how can you make the experience better, more enjoyable, more memorable, more pleasant so they can't help but go and tell their friends about this amazing time that they just had with this insane customer service story that you were able to provide for them. One of the things that we always do at TDS as part of our process is the last step. So we have the checklist of things that we want to do for customers when they call in. The last step is always look for a way to go above and beyond. Part of that is understanding the why like to give them something that is really above and beyond you have to understand what their why was. You have to understand why they're getting into it. So an example, somebody new to the city wants to make new friends, wants to get to know the city feels like dance class is a great way to do it. Perfect, let's look at solving the problems. Let's look and get into them too into a class that would be the best fit for them. Salsa, bachata whatever it is. Great, we found the class, perfect signed up. Happy pleasant experience on the phone. It's not enough, we have to go above and beyond. Thinking about, here's a person who's new to the city, what can we do that will really help them? Well is it thinking about other events that happen in the city? Is it, is it understanding what neighborhood they're part of and different festivals that you really like going to? Is it recommending restaurants that you've had a great experience at that they absolutely should go and try because you know they told you on the phone something about their personal preference. Like you got to find something that really tags you to them. Not just because it's a strategy it's just it's a good thing to do like you'll feel more fulfilled that you're really deeply meaningfully helping these customers. And they'll feel a lot more honesty and trust and loyalty towards you that they'll not only want to come back and look forward to that first experience, come back for future experiences, but also tell their friends. You need the word of mouth and that comes from providing an extraordinary experience on top of the product or service that you're selling. Tip number seven is model success. Remember any problem that you have right now somebody's already solved it. There's a lot of great people who've done a lot of great different sales training that you can pick from. It doesn't mean you have to follow anybody's methodology exactly to the to the T. I've given you seven tips here today. You may like two of them, great. Apply that your business, see if it works and see if it doesn't. It's never been easier to reach out to experts. If you're at a company you know maybe there's somebody above you who can reach out to. But also just in general experts. People putting on live YouTube hangouts, people who are on Twitter, people who are on Snapchat you can make a video and reach out to somebody who knows what they're talking about and get direct feedback for your business. It's never been easier to do it. And whether you're doing that, whether you're watching videos, whether you're reading books constantly educate yourself. Remember that that big problem that you're facing you don't have to come up with every single ingenious idea yourself. Somebody has already figured it out. Learn from them, take what works for you apply it to your business and take off. So those are my seven tips on ways to convince somebody to buy your product. I'd love to know what do you guys think. What was your favorite tip? What are you going to apply immediately into your process, share it down below. Did I miss an eight, nine, ten that you want to add to the list? Leave it down in the comments. If you leave a comment within a couple hours of this video going live you are entered into our contest for two daily prizes. I made this video because Syed Abbas asked me to. So if there's a topic you'd like me to cover in a future seven ways video check out the link in the description, click on that, go leave your topic, go vote on the other ones that are there and you might get lucky and I'll cover it next time. I also want to give a quick shout out to Regina Ross Thomas. Regina thank you so much for picking up a copy of my book Your One Word and taking that picture and sending it to me. I love the smile, I love the background. I hope you're enjoying the read and I really really appreciate the support. Thank you guys again for watching. I believe in you, I hope you continue to believe in yourself and whatever your one word is. Much love, I'll see you soon. marketing is about giving your customer choices. Not too many, not too little, just the right amount, and let them believe that it is their choice to make that purchase and make that buying decision. 

Monday, August 3, 2020

Poor Or Rich depend on you


American billionaires earned $434 billion during the pandemic. It seems like everyone should suffer in one way or another, even billionaires, because the entire nation was a lockdown. But the exact opposite is happening. Jeff Bezos added 35 billion dollars to his net worth in the last few months since the pandemic has started and even witnessed his net worth to hit records high a 189 billion dollars. Zuckerburg was also one of the biggest gainers. He added over 25 billion dollars to his net worth in this pandemic. These numbers are uncomprehensive to ordinary people. And that's not by accident. The modern capitalistic world we have built over the centuries is designed to favor the rich over the let's say not so fortunate. It's actually much more expensive to be poor than rich. It might sound a bit controversial but hear me out because when you have extra money sitting in your bank account, a lot of things suddenly get cheaper. So before we start, just smash that like button, because apparently, that's what the YouTube algorithm wants. And now, since you have smashed that like button, we can get right into the video. Leverage: the tool that keeps the rich richer If you have ever tried to get a loan from your local bank, they probably asked to check your credit score.

 As a bank, you want to lend money to people who are financially responsible and have the means to pay back that loan plus interest on top of that, which is the whole purpose of a bank. So they will check your credit history, your income, maybe your assets, and based on all of that, they will base their decision on whether to give you a mortgage. If you have a low credit score or low income, you might be rejected and end up renting instead of becoming a homeowner, even if that means waiting for 25 years for complete ownership. But Let's say you are an amateur with an average salary and with a decent credit score and let's say the bank approves your margate. You can expect a margate rate of 3 to 4 percent, which is not bad. But do you know what Zuckerburg's mortgage rate? 1 percent. That sounds insane! The guy has a net worth of 90 billion dollars. Why on earth would the bank charge him 1 percent and someone who is struggling financially and barely makes ends meet, the bank would charge him like 4 percent. In fact, the inflation rate is around 2 to 3 percent. How is that even possible? It might not make sense to you, but that's how it works. Lending a few million dollars to Zuckerburg isn't risky at all. I mean he can pay his mortgage easily at any point he can even buy the bank maybe. While you who are hardly making your monthly payments can default on your loan, so the bigger the risk, the more they are going to charge you. This is, of course, an extreme example. 

 Comparing one of the richest people to an average person isn't fair, but even if you are moderately rich, let's say with a net of just a few million dollars, you are a much safer bet to financial institutions than your friend Billy who lives paycheck to paycheck. Considering that purchasing a house is the biggest transaction in most people's lives, your house is going to cost much less if you are rich compared to someone who has a lower income. That's just part of the equation. Let's say you have 25 thousand dollars. What are your investment options, if you want to buy a house and rent it out? You probably need a lot more. The median house price in the US is around 200K dollars. It will take you a lifetime to save another 175K dollar. But if you are rich, with your 25K dollars you can make an investment that worth 200 thousand dollars, any bank would gladly provide you with a mortgage even if you plan to rent it out and pocket the difference after deducing all of your expenses and create another source of cash flow. The exact same 25K dollars worth a lot more in the hands of a rich person than in a poor person. Because if you have low income and already have a mortgage, chances that the bank will approve another mortgage are extremely low. What's also quite interesting is that since its a mortgage, you can deduct it from your income and avoid paying taxes, while as a poor person, you will have to pay every dime in taxes. Let's say you have 1 million dollars in cash and you want to invest in real estate. The logical option is to buy a property and then rent it out, but why do that when you can head to your local bank and use leverage to purchase real estate worth 5 million dollars and create even a bigger source of income. Let's say you came across an opportunity to purchase a car for 10 thousand dollars. You buy the car and turn around and sell it for 11K dollars. Congrats! You made 1 thousand dollars in profit. But here is a better idea. If you use leverage, You can borrow 990K dollars, and now you have 1 million dollars. You turn around and buy 100 cars and sell them for 1.1 million dollars. After paying back your bank the 990K dollars plus interest, which amounts to 10K dollars, and if we deduct your initial 10 thousand dollars you have used, you are left with 90 thousand dollars in profit. Leverage allows you to earn a hundred times more than you would otherwise. The hidden tax on the poor We have already talked about how the rich always find loopholes in tax systems to avoid paying taxes. However, there are other kinds of taxes that we all have to pay no matter who you are, such as sales tax or property taxes. The latest iPhone might cost $999, but if you are buying it in California, you will pay a sales tax of %7,75, which will amount to 77.5

USD. They are known as regressive taxes, a fixed percentage over particular goods or services. The keyword here is a fixed percentage. At first glance they seem fair, everyone pays the same percentage, but in reality, poor people pay far more. Regressive taxes don't differentiate rich people from the poor. It doesn't matter whether you are earning 1 billion dollars or 50 thousand dollars a year, both of you are going to pay the exact same 77.5 dollars in taxes. To your fellow billionaire, that's not even money, its an extremely small percentage of his income (0.0000000775%) but to you who is earning 50K a year, that might be one week of groceries. We pay regressive taxes every single day every time we buy something. The missed opportunity But the biggest cost by far is the opportunity cost. When you are struggling financially, your primary concern is to put food on the table. You don't have time to think and contemplate to figure out what could be the next big thing. Opportunities are everywhere, but you need the time to figure them out. However, when you barely make ends meet, you don't even think about it and end up missing all those opportunities to make much more money. Even if you want to take advantage of them, you can't afford to take time off. Whereas if you are financially free, you can take all the time you want and end up earning much more in a very short period. But this concept goes far beyond. It turns into a lifestyle where you are much more price-sensitive and end up buying what's cheaper instead of what's really valuable. And no one can blame you for that because every penny makes a huge difference in your lifestyle, especially if you have a family to feed. It's not easy to break the cycle of poverty, but here are a few pieces of advice I can give you. First, always use a credit card, But use it responsibly, which means never borrow more than what you can pay back and always cover your debts on time. You have to build a good credit score to be trustworthy in the eyes of financial institutions. And secondly, don't be distracted by short term rewards. Focus on making your time more valuable; don't be afraid to invest in yourself. A higher price doesn't always mean a better product or service but always look for more value in return for your time and money. And if you want to see more similar videos, make sure to subscribe to our channel. We are always trying to put our best into every single video and bring maximum value to you because we know that your time is the most precious thing you have, so make sure you subscribe and keep the notifications on. In case if you want to support us for additional perks, you can check out our pattern page.

Friday, July 31, 2020

How To Start With No Money

 That's probably one of the most common questions I get from YouTube, that Dan how do I start with no money? How do I get started when I am in high school? How do I get started when I'm in my 20's. Or what should I do, I have limited resources? 

When you have no money, how do get started? Very simple, you get a fucking job. Get a fucking job. You need some money coming in to do anything. You wanna improve your skills? You wanna buy that book? You wanna get education? You need money. Even to survive, just to eat, you need money. You can't just wait around and watch a fucking video and bitch and complain and say oh what should I do? Do something, get a fucking job. I don't care what job it is, just to get some money coming in. Little bit of money, nothing wrong with that. I was working in a supermarket, making minimum wage. Washing fucking, like cleaning toilets and stocking cans on the shelves. I went through that period of time, what's wrong with that? You cannot just say oh I got so much pride, I'm gonna be a fucking entrepreneur. Get a fucking job. You can't even get a fucking job forget being entrepreneur. Do that first. Then, in your spare time, a side hustle. On the side, then you can start something on the side. Now, if you have not watch my other videos on high income skills, make sure you watch that. In that video I talk about the importance of high income skill. Now, what is a high income skill? I define a high income skill is a skill that can make you $10,000 or more per month. It is not a business, it is a skill set that you can develop, that you can sell, you can offer to the marketplace in exchange of money. You are trading hours for dollars, however you're trading hours for high dollars. And I give you plenty of examples in that video, so I'm not gonna go into that here. You can go here to watch that. So, in your spare time. You're working your day job, whatever it is that you do. Nighttime, you develop your high income skill. You start earning and earning more money. When your high income skill... Let's say hypothetically you're making $2K a month from your job, $2K a month. And, in your spare time, you're learning and developing a high income skill. Whatever it is, the skill that you choose to develop. Then as your high income skills producing making you more money. It could be $2,000, $3,000, $4,000. Then, you can quit your job, and now just pursue this full time. Get it up to the $5, $6, $10, $15K a month. From there, you're making money, you're paying the bills. You are eating, it's a good idea to eat. You are taking care of your family, you've got a roof over your head, you're making good living, a decent living. Then from there, if you want to, you can think about if you wanna start a business. What is it, other options that you can purse? But, you need to get to that point first. The problem is, with you guys, watching videos on YouTube. You see all these people talking about entrepreneurship, about business. You want to get to this point overnight. Or you want to get to this point without going through these steps. It doesn't fucking work and this paralyze you, because from where you are to where you wanna go... You're making fucking no money, you wanna buy a Rolls Royce. Give me a fucking break, who the fuck are you? You need to go from here. Just get a fucking job. Let's just go from here to here. Get a fucking job making a $1,000, $2,000 a month. From there, side hustle. High income skill, go to $2,000, $3,000, $4,000, $5,000, $10,000. Get to that $100K a year, $200K a year. Now you are at a different place. From there, you start your business. You grow, you market, you sale. Then from there, you scale with your team. You get closer and closer. And then you do investing. Now you invest, you have your money work for you. Don't ask questions at this level, when you're at this level. Ask questions at this level, and go through this first. The problem is, with social media, that you don't know how to filter. You don't know how to think independently, and you don't know what is the right advice for you at this given time for you. And that's why you're confused. That's why you're overwhelmed, because everybody's saying different things and you don't know okay what's the right thing for me? What is the right thing for you is from here. If this is where you're starting or if you're here then take the advice from this, and then utilize exactly what I'm teaching you. Go to that next level, and the next level, and then eventually, if you're fucking good, and you're persistent you'll get to here someday. But you're not gonna get there overnight. So, don't daydream about oh people on Instagram. They are driving this car, they go on their vacation, they're living in their big mansion or whatever. And you're making fucking like nothing. Don't do that, don't do that. Start with here, get that fucking job. Baby step, as long as you're getting closer. Every single month, every single year, you're getting closer to your goal, you're doing fucking good. Does that make sense?

Tuesday, July 28, 2020

An Overnight Millionaire -A Tanzanian Miner Finds Tanzanite Rocks Worth Over 3 Million Dollars


this report Tanzanian and minor became a millionaire overnight. On a small scale, a minor in Tanzania has become an overnight millionaire after selling two rough tanzanite stones. The biggest ever found in the country, tanzanite is a rare gem, only found in Tanzania. So it makes it that more special sunny, new laser earned three-point $4 million from the country's mining ministry for the gemstones, which had a combined weight of 15 kilograms quote. There will be a big party tomorrow said Mr. Lazar, a father of more than 30 children. Yeah, you heard me? I said, 30 children. He had 30 children. He needed that money. Tanzanite is only found in Northern Tanzania and used to make ornaments. It is one of the rarest gemstones on earth and one local geologist estimated supply may be entirely depleted within the next 20 years. The precious stones are penalized in its variety of Hughes, including green, red, purple, and blue it values is determined by rare tea. The finer, the color of clarity, the higher the price, Mr. Lazar, mind the stones weighing 9.2 kilograms and 5.8

kilograms last week, but he sold them on Wednesday during a trading event in the Northern regional manera, until now the largest tanzanite rock to be mind weight 3.3 kilograms, president John McGrew fully formed in to congratulate. Mr. Lazar on the find, the president said, this is the benefit of small scale miners. And this proves that Tanzania is rich. Like, can you imagine waking up and just becoming a millionaire overnight, finding the largest gemstone ever found the largest that I've ever been found was 3.8 kilograms. This guy found a 9.2 and 5.8-kilogram gemstones. I'm assuming that they, he just woke up thinking I have a lot of bills to pay this 30 kids. This is a lot like, what do I do? And then he goes mental and God was like, say no more. And he's a freaking millionaire. That is such an awesome new sit here. Mr. Lazar said he would slaughter one of his cows to celebrate. He also plans to invest in his community in inci Monjimero districts in Manyara. I want to build a shopping mall and a school. I want to build a school near my home. Many poor people around here can't afford to take their children to school. I am not educated, but I like things to run professionally. So I would like my children to run the business professionally. He said the windfall would not change his lifestyle and that he planned to continue looking after his 2000 cows. He said he did not need to take any extra precautions. Despite his newfound riches. I found what he wanted to do noble. I think all of us can learn from this guy. He became a millionaire and he does not intend to change his lifestyle. He will still be living his own life will still have his cows and his wives. Yes. He has four wives.

Um, so he says he does not intend to change his lifestyle at all, but he would want to build a mall and a school nearby because there are lots of poor children that cannot afford to go to school, which is noble of him to do that. And I hope that works. And he says he has not gone to school. So he's not a professional, but he likes how things are handled professionally. So he would like his children to learn and do it in a professional manner, which I appreciated. But I learned one thing because of the story. I did not know that private miners are allowed to go and mine in Tanzania. And if you find it, you have it, you can sell it. And it's yours. Most places, it's not like that. You need to have a contract. You need to be a multinational. So I liked that because this support, even the locals to just go and work for their money work to find these gemstones. Because as I said, tanzanite is only found in Tanzania, glowing in hues of blue-violet and Indigo. Tanzania is a precious stone that can only be found in Tanzania. Some say it's rare in a diamond. That is exactly why it is very special. It's even special than a diamond. You can get it in a lot of places, a lot of areas, but Tanzania is only found in Tanzania. So I found that to be interesting as well in this story. I wonder what most of us will do.

If we become a millionaire in one night, we will change where we live, how we live, our tastes change, or will we be like this guy and say, I don't need to change my lifestyle. I have a good lifestyle. I'll just make sure that it is a quality life. Or I give back to the community. I build a school or we like the latest Gucci belt and the Lamborghinis and all these glamorized lifestyles that we see in the reality shows and the movies and you know, the rap game, what are we going to do with that money that just, you know, happened to fall in our lap. Do let us know what you will do if that was you and what would you have done. 

Monday, July 27, 2020

How To Become A Millionaire By 30│12 Steps To Become Rich


In this video, we look at 12 steps on how to become a millionaire before 30 years old. Some people try to build wealth well before their 60’s, so they work hard to achieve this level of success by 30. They want to enjoy their wealth while they’re young and energized, rather than at the end of their working lives. Seems like a lofty goal, right?
━Contents of this video ━━━━━━━━━━━ Intro - 00:00 1. Start Now - 00:58 2. Frugal Living - 01:44 3. Make Your Debt Productive - 02:44 4. 50/20/30 Rule - 03:14 5. Investment Accounts - 04:06 6. Invest In Yourself - 05:08 7. Bye-Bye 9 to 5 - 06:01 8. Diversify Your Income - 07:10 9. Hang Out With People You Look Up To - 07:58 10. Show Off Your Work, Not Your Stuff - 9:02 11. Outwork The Competition - 10:07 12. Be Committed - 11:17