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7 Lessons I Learned From Chatting With The “$500 Million Man”

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Com Mirza 500 Million Dollar Inspirational Man

Recently I was able to interview Com Mirza, “The $500 Million Man”, partly for fun and partly to share to learn about how he’s been able to become so successful over the course of his life. Like myself, he started at a very young age, with a humble lemonade stand.

Com has failed over 100 times in investments and startups and credits these failures in correcting his course and his bearings for wild success.

This is an interview not to be missed. Click the play button below and checkout the key takeaways from this awesome chat with the man of the hour “Com Mirza”.

 

 

5 Inspirational Takeaways From Com Mirza

 

1) Start YOUNG!

If you can, start as young as possible! Com started at 7, and even though he had many failed attempts before he “got it”, he was still really young when he finally was successful.

As a young person, you will get a world class education from starting various projects and ventures, which is what I showcase in my upcoming book 2 Billion Under 20. Even if you aren’t young now, today is the best day to start a new project or business so you can enjoy the fruits of your labor as soon as possible.

 

2) Create Daily Rituals for Success

Com is up at 5 A.M. or earlier, spends time to work on himself (via meditation, exercise, reading, journaling, etc) all before he tackles his work. He’ll then work up until noon, uninterrupted, in order to take time off to hang out with family. He then takes an afternoon nap, and goes back to work after dinner when no one can bother him. He sleeps maybe 5 hours a day, and is getting most of his work done while others sleep. Com also has an hourly reminder to be grateful for what he has, and that keeps him grounded in his success.

 

3) Work Your A** Off

Hard work separates the super successful from everyone else. “It comes down to the work,” says Com. If you are the hardest working, it is inevitable that you will be successful.

Many people think Lebron James is the best player on the planet, but he is also one of the hardest workers in the NBA, and that’s why he is at the position in life that he’s at.

 

4) Failure is Temporary

Most successful people fail at one point or another in their journeys. Com failed countless business ventures before finally going bankrupt, creating one more business to break even, and then ultimately others (via investing, founding, etc) in order to eventually become the $500 man he is today.

As he goes for $1 Billion in net worth, there will certainly be other failures he will encounter, but failure will be temporary.

 

5) Be Smart With Your Initial Success

In order to build the type of net worth Com has, you can’t be foolish about your money when you make your first real income. Most young people prematurely splurge on cars, houses, crazy nightlife, and other luxuries they don’t need when they can be reinvesting in real estate, other companies, and other things that will grow their net worth and become assets over time instead of cost them money in the long run.

 

6) Learn Along The Way

You don’t have to always know everything before you start in the business world.

It’s okay to give it a go and learn along the way.

 

7) Never Give Up!

Com had a massive vision. After selling his first company for $60,000 he decided to then reinvest that money with the risk of losing it all on the next venture, knowing that even if he did, he would eventually reach his end goal if he stuck with it and never gave up.

Com looks at failures as stepping stones to success. Not as the end of the world or as a weakness.

Jared Kleinert is an entrepreneur, TED and keynote speaker, and award-winning author who’s been named USA Today's "Most Connected Millennial" after spending years identifying and connecting hundreds of the world's smartest and most talented Millennials. His next book 3 Billion Under 30 is out now, and you can get 5 free stories from his new book atwww.3billionunder30.com. You can also say hi at jared@3billionunder30.com.

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21 Comments

21 Comments

  1. Birthday Greetings

    Jan 29, 2017 at 6:33 pm

    Good article, Jared. It’s our failure that keeps us motivated to do the best things. Thanks for crafting this post.

  2. Mike

    Jan 9, 2017 at 8:33 pm

    Great post! I learned many things from this post. Hard work plays an important role in the life of Com Mirza. I will apply all of these things that I learned in my business today.

  3. Mike

    Jan 9, 2017 at 7:57 pm

    Hell ya that’s what I like to see!!

    Com Mirza is a boss. I like to watch Alex Becker’s channel as well on YouTube (one of his buddies in SEO)

    This article is great, and I enjoyed the interview and it’s interesting to see what you’ve got going on with 2billion under 20! I love seeing the other millennials crushing life!

  4. beyonce

    Dec 1, 2016 at 10:19 am

    Such a nice post, keep providing good resources.

  5. taylor swift

    Nov 8, 2016 at 4:09 am

    Thank you for another essential article.

  6. Ravi

    Aug 2, 2016 at 12:36 pm

    Great podcast, awsome post. Thanks for this podcast….

  7. BARBARA

    Jul 9, 2016 at 9:59 am

    Great! They are helpful advices for beginners who want to succeed. Thanks for sharing

  8. Jack

    Jun 13, 2016 at 9:45 am

    Nice article.

  9. Jean-Paul Blommaert

    Jan 2, 2016 at 8:12 pm

    Great tips! Specially how he manage his time. Think we can learn all a lot from this. So much time is just wasted in doing things that are not productive to get results. Love it!

  10. Ray

    Dec 29, 2015 at 5:32 pm

    It was great and very inspirational. Thanks for this good piece. 🙂

  11. Prabhu

    Dec 29, 2015 at 11:53 am

    Great post! I learned many things from this post. Hard work plays an important role in the life of Com Mirza. I will apply all of these things that I learned in my business today.

  12. Mahesh Dobhal

    Dec 29, 2015 at 11:36 am

    Good article, Jared. It’s our failure that keeps us motivated to do the best things. Thanks for crafting this post.

  13. Muhammad Arif

    Dec 29, 2015 at 9:20 am

    Very very informative for beginners. Thanks for sharing. 🙂

  14. Evan

    Nov 14, 2015 at 11:33 am

    Hell ya that’s what I like to see!!

    Com Mirza is a boss. I like to watch Alex Becker’s channel as well on YouTube (one of his buddies in SEO)

    This article is great, and I enjoyed the interview and it’s interesting to see what you’ve got going on with 2billion under 20! I love seeing the other millennials crushing life!

    Keep it up!

    – Evan

  15. Al Fenson

    Jan 11, 2015 at 10:54 am

    Hi there! Totally loving your podcasts and all the resources here on your website.

    Any chance of making this particular podcast downloadable please?

    Keep up the great work and thanks for sharing such useful information.

    Kind regards

    Alex

  16. Dan Western

    Aug 21, 2014 at 7:08 am

    These lessons are awesome Jared! I love and have been implementing all of them into what I’m doing. Thanks again!

  17. Edmund

    Aug 18, 2014 at 1:46 pm

    Hi Jared, these are timeless advice for anyone who is seeking for success! Thanks for sharing.

  18. chiwele

    Aug 18, 2014 at 8:51 am

    Very informative.Keep em coming

  19. Rahul Patil

    Aug 17, 2014 at 4:28 am

    Great information ……thank u

  20. Phil Janecic

    Aug 16, 2014 at 8:37 pm

    Great advice and a very inspirational interview. Thanks for sharing!

    • Jared

      Aug 17, 2014 at 6:18 pm

      You guys are welcome!

Leave a Reply

Your email address will not be published. Required fields are marked *

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21 Comments

21 Comments

  1. Birthday Greetings

    Jan 29, 2017 at 6:33 pm

    Good article, Jared. It’s our failure that keeps us motivated to do the best things. Thanks for crafting this post.

  2. Mike

    Jan 9, 2017 at 8:33 pm

    Great post! I learned many things from this post. Hard work plays an important role in the life of Com Mirza. I will apply all of these things that I learned in my business today.

  3. Mike

    Jan 9, 2017 at 7:57 pm

    Hell ya that’s what I like to see!!

    Com Mirza is a boss. I like to watch Alex Becker’s channel as well on YouTube (one of his buddies in SEO)

    This article is great, and I enjoyed the interview and it’s interesting to see what you’ve got going on with 2billion under 20! I love seeing the other millennials crushing life!

  4. beyonce

    Dec 1, 2016 at 10:19 am

    Such a nice post, keep providing good resources.

  5. taylor swift

    Nov 8, 2016 at 4:09 am

    Thank you for another essential article.

  6. Ravi

    Aug 2, 2016 at 12:36 pm

    Great podcast, awsome post. Thanks for this podcast….

  7. BARBARA

    Jul 9, 2016 at 9:59 am

    Great! They are helpful advices for beginners who want to succeed. Thanks for sharing

  8. Jack

    Jun 13, 2016 at 9:45 am

    Nice article.

  9. Jean-Paul Blommaert

    Jan 2, 2016 at 8:12 pm

    Great tips! Specially how he manage his time. Think we can learn all a lot from this. So much time is just wasted in doing things that are not productive to get results. Love it!

  10. Ray

    Dec 29, 2015 at 5:32 pm

    It was great and very inspirational. Thanks for this good piece. 🙂

  11. Prabhu

    Dec 29, 2015 at 11:53 am

    Great post! I learned many things from this post. Hard work plays an important role in the life of Com Mirza. I will apply all of these things that I learned in my business today.

  12. Mahesh Dobhal

    Dec 29, 2015 at 11:36 am

    Good article, Jared. It’s our failure that keeps us motivated to do the best things. Thanks for crafting this post.

  13. Muhammad Arif

    Dec 29, 2015 at 9:20 am

    Very very informative for beginners. Thanks for sharing. 🙂

  14. Evan

    Nov 14, 2015 at 11:33 am

    Hell ya that’s what I like to see!!

    Com Mirza is a boss. I like to watch Alex Becker’s channel as well on YouTube (one of his buddies in SEO)

    This article is great, and I enjoyed the interview and it’s interesting to see what you’ve got going on with 2billion under 20! I love seeing the other millennials crushing life!

    Keep it up!

    – Evan

  15. Al Fenson

    Jan 11, 2015 at 10:54 am

    Hi there! Totally loving your podcasts and all the resources here on your website.

    Any chance of making this particular podcast downloadable please?

    Keep up the great work and thanks for sharing such useful information.

    Kind regards

    Alex

  16. Dan Western

    Aug 21, 2014 at 7:08 am

    These lessons are awesome Jared! I love and have been implementing all of them into what I’m doing. Thanks again!

  17. Edmund

    Aug 18, 2014 at 1:46 pm

    Hi Jared, these are timeless advice for anyone who is seeking for success! Thanks for sharing.

  18. chiwele

    Aug 18, 2014 at 8:51 am

    Very informative.Keep em coming

  19. Rahul Patil

    Aug 17, 2014 at 4:28 am

    Great information ……thank u

  20. Phil Janecic

    Aug 16, 2014 at 8:37 pm

    Great advice and a very inspirational interview. Thanks for sharing!

    • Jared

      Aug 17, 2014 at 6:18 pm

      You guys are welcome!

Leave a Reply

Your email address will not be published. Required fields are marked *

Podcasts

How to Share Your Vision and Ideas With The Super Wealthy – Kevin Harrington

Published

on

Kevin-Harrington

Kevin Harrington is an American entrepreneur and business executive. Harrington is the founder of “As Seen On TV”. Kevin has appeared on the television series Shark Tank and has launched over 500 products resulting in more than $5 Billion in sales worldwide.

 

Listen to this Addicted2Success episode to find out how you can share your vision in the most effective way

Continue Reading

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5 Habits Of Radically Authentic Leaders – Malaine Lea

Published

on

Malaine-Lea-Pic

New Jersey’s very own Women’s Lifestyle Architect and 6 Figure Transformational coach “Malaine Lea” shares the habits of Radically Authentic, Highly Impactful and Incredibly Intentional Leaders.

As a Lifestyle Architect Malaine Lea loves supporting you in redefining and designing who you really are from the inside out.

 

Click Play below to listen to the podcast episode with Malaine Lea.

 

Malaine-Lea-Quote

 

Continue Reading

Podcasts

6 Things You Must Do To Transform Your Life – Jack Canfield

Published

on

Jack-Canfield-Podcast-Motivation

Jack Canfield the author of Chicken Soup for The Soul and The Success Principles hangs out with me last week to talk about how YOU can transform your life with self development.

Jack Canfield has sold over half a billion books in his lifetime and has developed a number of incredible exercises and ways of thinking over the last few decades to help you elevate your success and live a life of empowerment.

Click Play below to listen to the podcast episode with Jack Canfield.

 

Or you can watch the FULL Video interview here

 

Jack-Canfield-Quote

Continue Reading

Podcasts

How to Double Your Faith and Self Confidence – Trent Shelton

Published

on

Trent Shelton

Ex-NFL Superstar turned Motivational Speaker and International Entrepreneur “Trent Shelton” caught up with Joel Brown to share his advice on what it takes to build a belief that is untouchable.

Trent is a big believer that “It All Starts With You”.

Click PLAY on the podcast episode above to find out how you can step into your untouchable greatness so you can live out your life Purpose in Full Effect.

 

Trent-Shelton-Quote

 

Continue Reading

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