Success Advice
5 Things I Learned Hanging Out With 12 Multi Millionaires
In 2015, I decided to reach out to wealthy people to understand how they got there. From having lunch with Robert Kiyosaki, author of Rich Dad, Poor Dad to spending an hour with Kevin Green, the United Kingdom’s largest residential property owner, I managed to meet and interact with 12 multi-millionaires.
For the purposes of my study, I picked people who didn’t start up rich. All of them started as average people and none of them inherited their money.
Here are the five things they all had in common:
1. They didn’t want jobs
They were not lawyers or doctors. Most of them didn’t even have a University degree. None of them had a job and most importantly, none of them would have got rich with a job. There is a funny joke that I heard four times which is that having a job means being “just over broke.”
Bob Proctor once said: ”There are only two ways to make money. One is people at work and the other is money at work.”
When you have a job, you get paid for selling your time and therefore you are using option one, which is yourself at work. It’s long, it’s tiring and it’s hard, especially if you don’t like your job… And your boss. And since there are only so many hours in a day, your earning potential will always be capped to your hourly rate and the number of hours you can work in a day.
Part of working smarter is about understanding how to leverage your time and your money to do more with less. It is about shifting from a consumer mindset, to an investor mindset. Steve Forbes defined being rich as “making one million dollars of passive income every year.” And as you have guessed it by now, passive income is built outside of your job.
“You become financially free when your passive income exceeds your expenses.” – T. Harv Eker
2. They were entrepreneurs/investors
They didn’t need jobs because they had created systems that were working for them. In other words, they were entrepreneurs who created multiple businesses. They had all decided to become creators and provide something of value to the world. At the same time, they unleashed option number two which is money at work.
That is to say that they were investors having their money working for them and growing while they were sleeping. Being an entrepreneur and being an investor go hand in hand because an entrepreneur creates value while an investor knows how to recognize value. And while business is a tough game, sometimes an idea is all it takes.
Think about someone like J.K Rowling who was on welfare before she wrote Harry Potter. Your knowledge and your creativity can be the key to your wealth. And while everyone is not meant to be an entrepreneur, we can all come up with creative ways to earn more and learn how to become investors.
3. They constantly over delivered
Something that really stuck with me to this day is that I always expected getting to interact with these people would be interesting, but it has been far beyond my expectation every single time. Free unexpected gifts? Check. Personal contacts given post interview for further questions? Check.
An initial 10-minute interview turned into a 45-minute interview? Check, check, check. You expect them to be good and they are better. You expect them to give and they give even more. The extent to which they over deliver is mind-boggling. It’s a very different concept of business that I discovered. Very different than the general stereotype out there that you have to rip people off to succeed. Thinking about it, I came to believe that these people got there because of their philosophy.
4. They were self aware
Out of the twelve people I interviewed, very different industries were represented. However, what was striking was that every single one of them seemed to have created the most suited position for themselves. Interestingly, they didn’t mind admitting to their own shortcomings because they were deeply self-aware individuals.
When I naively asked Robert Kiyosaki what it took to be a great teacher, he replied with his infamous cut-throat-Kiyosaki-style of delivery that it was a stupid question. Then he went on to say that he would have loved to become a professional Rugby player but that he was too slow for it. He didn’t conclude anything but I guess it was his way of saying that you have to be self-aware.
Before Kevin Green became the first residential property owner in the U.K, he got a scholarship and traveled the world to interview overachievers like Bill Gates and the man who would later become his mentor, Richard Branson. His major finding was that self-awareness is the master key to success.
Likewise, when Tai Lopez asked me what I would do if I had $5 billion in my account today, he proceeded with asking me if I was any good at this. These people discovered what they were good at and went all in.
“Self-awareness allows people to recognize what things they do best so they can then go hard on those aspects of their life. It also helps you accept your weaknesses.” – Gary Vaynerchuk
5. They had a sense of purpose
They also got there because they had strong reasons. They’ve had pain in their lives, which made them decide that they wanted to be rich. It was interesting to note that none of the twelve people I met seemed to have gotten there as a result of luck.
They made a decision, which often came as a result of a traumatic life experience. This pain is what makes them driven and passionate individuals. Because of that, their wealth has a meaning. It’s transcending, almost spiritual. It’s about leaving their mark on the world.
Out of the four wealth building books, Kevin Green recommended me, two of them didn’t have anything to do with money but were rather philosophical books. Finally, Robert Kiyosaki told me: “You don’t belong to yourself, you belong to the universe. So stop being selfish and do something for the world.”
Anyone can learn the mechanics of business and investing but finding your true purpose is tougher a challenge. What problem do you want to solve? How do you want to contribute to the world? What makes your soul sing? These are the first questions you need to ask yourself. Once you find your purpose the doors of wealth and happiness will be opened to you.
What have you learned from successful people that you have spent some time with? Leave your thoughts below!
Image courtesy of Twenty20.com
Success Advice
How to Choose the Best Affiliate Programs for Your Blog
If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers
Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky.
This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for.
For more articles on this theme, please head over to this blog https://blog.partners1xbet.com/.
Understanding Affiliate Marketing
Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works.
Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it.
It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.
How to Choose the Right Affiliate Programs for Your Blog
1. Assess Your Niche and Audience
The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:
- Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
- Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.
2. Research Potential Affiliate Programs
Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:
- Affiliate networks like ShareASale, Commission Junction, and ClickBank.
- Direct searches for “[Your Niche] affiliate programs” in search engines.
- Recommendations from other bloggers in your niche.
3. Evaluate the Commission Structure
The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:
- The percentage of commission per sale.
- Whether the program offers a flat rate per action (e.g., per sign-up).
- The cookie duration, which affects how long after a click you can earn commissions on sales.
4. Consider the Program’s Reputation and Sureness
Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:
- Read reviews from other affiliates.
- Check the program’s history and background.
- Look for any complaints or issues reported online.
5. Analyze the Support and Resources Offered
A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.
6. Understand the Terms and Conditions
Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:
- Payment thresholds and methods.
- Any restrictions on how you can promote their products.
- The program’s policy on affiliate marketing on social media platforms.
7. Test the Product or Service
If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.
8. Look for Recurring Commission Opportunities
Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.
Implementing Your Choice
After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:
- Creating valuable content that naturally incorporates affiliate links.
- Disclosing your affiliate affairs transparently to maintain trust with your audience.
- Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.
Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs.
If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers.
The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice.
With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.
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