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Billionaire Mark Cuban’s Advice On How To Get Rich

Joel Brown (Founder of Addicted2Success.com)

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The investment titan and billionaire owner of the Dallas Mavericks, Mark Cuban, shares his examples and advice on how he created a way to Get Rich! This guy brings it to you raw and real on how to really make it out there and what you can expect on your journey to success.

We also share a video of Mark Cuban explaining how he retired in his 20’s, what ideas he likes to invest in and much more. Checkout it and learn a thing or two from Mark Cuban.

 

HOW TO GET RICH!

Thats what so many want. Right ? I’m certainly not going to lie and say it is not a whole lot better having lots of money. I had a whole lot of fun and loved my life when I was eating mustard and ketchup sandwiches and sleeping on the floor of a 3 bedroom apartment that housed me and 5 buddies.

I have a whole lot more fun now. It doesn’t suck to be rich.

The question everyone wants answered, is how to get there. There are ways to get there. But there is not a template that works every time for everyone. It works sometimes. Getting there requires being ready when opportunity presents itself.

IMHO, change and uncertainty create opportunity. Times like we are facing now, with complete financial uncertainty are perfect times to start on the road to getting ahead financially.

First, here is WHAT NOT TO DO:

There are no shortcuts. NONE. With all of this craziness in the stock and financial markets, there will be scams popping up left and right. The less money you have, the more likely someone will come at you with some scheme . The schemes will guarantee returns, use multi level marketing, or be something crazy that is now “backed by the US Government”. Please ignore them. Always remember this. If a deal is a great deal, they aren’t going to share it with you.

I dont broadcast my great deals. I keep them all to myself. The 2nd thing to remember is that if the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker. There are no shortcuts.

So what should you do to get rich ?

Save your money. Save as much money as you possibly can. Every penny you can. Instead of coffee, drink water. Instead of going to McDonalds, eat Mac and Cheese. Cut up your credit cards. If you use a credit card, you dont want to be rich. The first step to getting rich, requires discipline. If you really want to be rich, you need to find the discipline, can you ?

If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich. Yeah you have to give things up and that doesn’t work for everyone, particularly if you have a family. That is reality. But whatever you can save, save it. As much as you possibly can. Then put it in 6 month CDs in the bank.

The first step to getting rich is having cash available. You arent saving for retirement. You are saving for the moment you need cash. Buy and hold is a suckers game for you. This market is a perfect example. Right at the very moment when cash creates unbelievable opportunity, those who followed the buy and hold strategy have no cash. they cant or wont sell into markets this low, that kills the entire point of buy and hold. Those who have put their money in CDs sleep well at night and definitely have more money today than they did yesterday. And because they are smart, disciplined shoppers, their personal rate of inflation is within their means. Cash is king for those wanting to get rich

The 2nd rule for getting rich is getting smart. Investing your time in yourself and becoming knowledgeable about the business of something you really love to do

It doesn’t matter what it is. Whatever your hobbies, interests, passions are. Find the one you love the best and GET A JOB in the business that supports it.

It could be as a clerk, a salesperson, whatever you can find. You have to start learning the business somewhere.  Instead of paying to go to school somewhere, you are getting paid to learn.  It may not be the perfect job, but there is no perfect path to getting rich.

Before or after work and on weekends, every single day, read everything there is to read about the business. Go to trade shows, read the trade magazines, spend a lot of time talking to the people you do business with about their business and the people they buy from.

This is not a short term project. We aren’t talking days. We aren’t talking months. We are talking years. Lots of years and maybe decades. I didn’t say this was a get rich quick scheme. This is a get rich path

Now you wait for times of uncertainty and change in your business. The time will come. It may  come quickly, it may take years and years. But it will come. The nature of our country’s business infrastructure  is that it is destined to be boom and bust. Booms are when the smart people sell. Busts are when rich people started on their path to wealth.

You will know when that time is here for you because you will know your business inside and out. You will be ready because you will have been saving up for this moment in time

With all the change and uncertainty in the financial markets, there are people right now making more money than they ever dreamed of. They are the ones who have been living the real estate market and the financing behind it and understanding what actually what was going on. They re the one who understood the complexities of the credit markets. When everyone was following the crowd, they kept on saving their money and avoiding the temptation of groupthink.

Boom and busts happen to every industry. The question is whether you have the discipline to be ready when it happens for you ?

If you do, you will find out what it feels like to get lucky.

 

Article By Mark Cuban

 

Mark Cuban – The Rich Life

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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24 Comments

24 Comments

  1. manny

    Jan 17, 2015 at 7:01 am

    mark cuban must be smoking some good stuff. he just suggested a 6month cd which is avg 0.80% when last year inflation was avg 1.4% so my money is doing nothing not even keeping up with inflation and somehow im richer then everyone else? whats next mark keep working at my dead end job save my money at the bank and retire so broke on social security that I have to keep working until I die? Also you say that great ideas are never shared thus everyone else is just scamming each other? LMAO Oh boy tin foil is next for you. This post was for suckers imo.

  2. Angel Villanueva

    Oct 5, 2013 at 6:57 pm

    Hello, Mr. Cuban , my name is ANGEL, It’s funny. I’m going to start with. I to believe it or not I am a Multi-Billionaire, I am a Farmer by trade, I got my Real Estate License back in 2006 While I got sick, well to make things short I got shot with a Shot gun on my back, I have 3 fuse disc on my lower back, plus 3 on my neck. About 40 pallets all over my back. Ok, I almost lost my farm while I was sick. I got well started Real Estate sale’s done well since. Just enough to get by. But here is my lesson to you an everybody out there..Please Thank GOD for what ever you have. I have my Wife an 3 children, 1 beautiful Grand daughter an son inlaw. Best of all my Life. I Enjoy Everyday I Thank GOD. I am a Multi-Billionaire, I have a Family.
    Angel Villanueva

  3. B.Veenman

    Sep 2, 2013 at 8:51 am

    Nice article Mark, I’m confronted with change in my industry at the moment and I know I’m just in the right place at the right time. I have already recognized that this might be my burst, the one that I have been working towards for 6 years. I want to just let other readers know to take to hart what Mark writes here, It is very true, from gaining knowledge about you business to that the change in you industry will come.
    It does not matter if your industry is a big industry, With the right idea a small market can be turned into a big market, or you will see related opportunity in a much bigger market.
    Good luck to everybody into becoming bilionairs

  4. Vital KARANGWA

    Jan 9, 2013 at 3:52 pm

    Well, very nice article! I have very many ambitions and I need help of people like you! I think this article will help me in many things , especially in savings! because I spend more than I earn. So, at the end of the month I find my self in looking for extra mony!

  5. Ibukun

    Dec 30, 2012 at 8:26 am

    Nice article

  6. Darlington

    Nov 29, 2012 at 9:59 am

    well, others who can help yu should find you already helping yourself.This good advice and it works

  7. Hollington Tong

    Nov 10, 2012 at 8:27 pm

    In the section First here’s what not to do he is doing what he said not to do.
    Billionaires Rich Devos And Jay Van Andle seem to disagree with his first not what to do also.

    I am not saying the advice here is unsound but its self defeating when you say no one will help you in an article designed to help you. Simply because if you believe others aren’t there to help you succeed then your advice is would be designed to make sure others don’t.

  8. jacob

    Sep 6, 2012 at 3:27 am

    hey my name is jacob fowler ,im a high school student in montana . ive read alot of your stuff about helping you succeed with your goals ,i have many goals of my own ,and its fascinating how you to be where you are now.thank you and it would be great to talk to you . thanks

  9. Reemo

    Aug 19, 2012 at 2:29 pm

    Just a heretical thought to add to the conversation… Wheres the fun in getting rich when the rest of the people are down and out with markets crashing…. I want to be rich when the markets are up so I dont have to be alone in my success….I want to be rich when the economy is booming and everyones happy . I dont want to enjoy at a time when others are weeping … Just my two cents

    • Steve

      Dec 18, 2012 at 4:03 am

      Everyone one wants to grow rich and everyone wants to grow rich with their ones you love. The difficult part is when you start becoming successful and your loved ones are struggling with taking the initial sacrifices, like adding discipline to their lives. What then? Do you carry them on your back so they can “be there” with you in your success? For someone to be successful, first of all they have to want to for themselves.Then take action.

    • Matt

      Dec 25, 2012 at 3:39 pm

      I think you are missing the point…making money is a zero sum game. When someone makes a bunch, someone else lost a bunch. Statements like ‘I want to make money while everyone else is’ is something that someone who will never make money says. Capitalism is just that, capitalizing. If capitalizing on something for your own gain hurts your feelings for someone else, than just start a non profit. Don’t get me wrong I want people to all succeed but the reality is most wealthy people make money by taking it from others. There is a finite amount of money out there, it’s not meant to be shared, it’s meant to be exchanged.

  10. Mike

    Jul 29, 2012 at 12:29 am

    Couldn’t agree more about the statement regarding cash.

  11. Nedu

    Jul 14, 2012 at 4:18 am

    I ve read d post and comments dat ve followed.i observe dat as d years go by and inflation is hitting d roof,a lot of pple wil find it difficult 2 cope not 2 talk of get rich. U save up money and inflation preys on it and u think u ve moved an inch. IF U THINK ABOUT GETTING RICH INSTEAD OF THINKING ABOUT CREATING VALUE THAT U RE PASSIONATE ABOUT,it maybe difficult and impossible 2 be rich.

    • Shamus Mac

      Jul 30, 2012 at 11:25 pm

      “If you think about getting rich instead of… creating value that you’re passionate about, it may be difficult and impossible to be rich.”

      @Nedu: Truer words have hardly been said!

      MLM companies are group-think institutions which dedicate their training seminars to teach only recruitment and ignore retail techniques, because their customers are, in fact, you “independent distributors” which are coerced to fulfil minimum monthly purchase levels to maintain your precious and hard-won discount rate.

      And what an ideal customer you are! Whether you consume or resell or not is no concern of the MLM parent company. The more inspirational seminars you attend, and the more resources you dedicate to reach those exotic locations, the longer it will take for you to accept reality, despite your pantry full of overstock, and friends which have either become your direct competitors or ostracised you for attempting to profit off them.

      I now profit off independent distributors by providing prepopulated e-commerce solutions for a specific MLM company in a sincere attempt to help those who, like members of my immediate family, persist because the mark-ups do look great on paper. What inspired this? Aside from sympathy, the realization that many people made a smart profit off the California gold rush; but almost all of them simply ran tool shops to supply the gold diggers.

  12. Adrian Keys

    Jul 8, 2012 at 1:55 am

    “Boom and busts happen to every industry. The question is whether you have the discipline to be ready when it happens for you ?

    If you do, you will find out what it feels like to get lucky.”

    The most important for the very last…sweet! Nice post….

  13. dave amos

    Jun 5, 2012 at 11:13 am

    I think Lauren is right on the button, he has spelt it out in a simple black n white way to make a point, but basically he is right, learn about business from the bottom up, save your money, work 10% harder than the average and you’ll do well, my dad had a phrase – if you want something done “Find a busy man” I never understood at first, only thing I would add is – don’t let the corporate ladder be the thing that ties you into a salary, jump off at some point and do your own thing … apart from that delay a family as long as you can – that’s advice for men of course … good luck, it’s hard work. 🙂

  14. Mark Hibbitts

    Jun 3, 2012 at 8:20 am

    Lauren is correct that the areas are pretty broad, but I think this is a pretty good article as it tells it like it is. Getting wealthy takes time and discipline, and there are no short cuts. Yes you need to learn investing too but without cash that’s a waste of time. Cash flow is king.

    I’m also interested in seeing Laurens website as I write books for children about the same things and there may be a potential JV for us.

    Mark Hibbitts

  15. DeJuan Collins

    May 1, 2012 at 7:04 pm

    I agree with a lot of his advice, except the business model of a good MLM company this business model may not make you rich, but could create you seed money to invest in other entrepreneurial opportunities. For a few hundred dollars to get started you could break even really fast and be on the road to profit pretty quickly.

  16. Gabriel Do Carmo

    Apr 27, 2012 at 2:53 pm

    I disagree with some, if not most, of what Mark Cuban said. For anybody reading this comment, go read the book Rich Dad Poor Dad by Robert Kiyosaki. It will COMPLETELY change your mindset for the better

  17. Eduardo Salido

    Mar 22, 2012 at 8:38 am

    I dont agree with him, if you have a family it means two paychecks not one! Of course a parent spends with children but the amount is not alot. I think this guy got lucky, Ive read a couple of blogs from him and he just sounds nonsense.

  18. dbizzle03

    Mar 5, 2012 at 7:15 pm

    I stopped reading after he said that most things are schemes and to put your savings into a 6 month CD at the bank. Clearly, not the way to get ahead when there are better ways of saving. There are plenty of vehicles to use to get to where you want to go, the key really is you have to WORK to get there.

  19. Lauren Sainz

    Mar 2, 2012 at 3:11 pm

    I have a website that targets getting financial information to young adults, information that they aren’t getting from high schools or colleges. In my opinion, it’s great that Mr. Cuban has created a rich lifestyle for himself and was able to retire in his 20s. However, some of the points he makes are very broad and won’t work for everyone.

    In a perfect world, starting in your teenage years you’ll know the ins-and-outs of managing money, you won’t charge up credit card debt, you’ll spend less than you make, you’ll save 10% of your income, and you’ll always be able to buy what you need without struggle. For Mr. Cuban, he seemed to understand that and I applaud him for understanding at such a young age.

    However, this new generation of young adults are accustomed to the life of buying now, paying later. They don’t have the discipline to save money and pay for things with cash. They want to go to college and cannot pay for it so they must take out student loans.

    The idea of getting a job and learning all there is to learn about that business and then waiting for your opportunity to strike sounds like an idea that will fail for most. Nobody wants to be told to wait to get rich.

    I’m a firm believer in knowledge is power and I understand the idea of learning all there is to learn about a business. However, ultimately an investment has to be made in yourself either through additional schooling or to start a business.

    I started my website almost a year ago. I’m only just now seeing revenue come in from ads that I place on my site. All my information I give on the site is free to my readers and I never charge for anything. I found something that I love doing and I do that through writing about personal finance on the web.

    But before I started my site, I had to get my knowledge from somewhere. I went to school. I took out massive student loans. I racked up credit card debt when paychecks were too short to pay bills. I made financial mistakes and I’ve learned from them. I’m doing better.

    Most young adults are not starting out with a clean slate. They have debt to repay. They don’t have the time to wait to save money. Some are too strapped that they cannot pay more than the minimum on their debt and there is no room for savings. So, based on Mr. Cubans idea of saving every penny, that won’t work for them because they don’t have enough pennies to save.

    The key to getting rich isn’t just finding a business that interests you and learning about it and saving every penny you have, it’s about deciding where you want to invest your money. You can invest in an education for yourself, invest in a venture someone you know wants to do, invest in a business opportunity for yourself, or invest in your future (retirement accounts). Yes, stay away from scams, but multi-level marketing isn’t evil. There are legit MLM companies out there to choose from. You just have to do your research first and be passionate about the product they sell. If you aren’t passionate about a product, you won’t be able to sell that product through a MLM business. There are also legit stay-at-home jobs online.

    The point is your options for getting rich are endless and as long as you remain focused, it can happen for you. You just have to find your passion and start from there.

    • kirk davis (@kirkd12)

      Mar 2, 2012 at 5:20 pm

      Nice post Lauren and very noble of you not to advertise your website but I would be interested in reading some of your stuff so please do provide a link or tweet me (@kirkd12)

      thanks

      • Raymond Duke

        Mar 2, 2012 at 8:25 pm

        I too have recently started a site, and have been leaving comments on blogs I follow or find interesting. And Kirk, I agree with you about not linking to the site in your comment because it makes it seem as if you are fishing for hits. If you are leaaving a genuine thoughtful comment, then you are more likely to gain the interest of its reader who will then go on to your site which hopefully leads to more genuine and thoughtful information. By the way, you can visit the site of the person who left the comment by going to their avatar and clicking “visit site” underneath it. Doing this, or clicking on the person’s name, will bring you to their site usually on most most places or sites that let you leave comments.

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Success Advice

Success is for the Self-Taught

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Truman Capote, Jimi Hendrix, Steve Jobs, Nikola Tesla. Those are four names you never thought you’d see in a sentence together. As it happens, these four individuals have more in common than their success, ingenuity, and fame. They were all autodidacts. In other words, they were self-taught learners.

The talents and innovations that skyrocketed them to fame were the products of their own teachings. Make no mistake, this doesn’t mean a formal education is a waste of time. However, it goes to show that success is crafted solely by commitment and focus. While college and traineeships can prepare us for the groundwork of what we pursue, it’s ultimately up to us as individuals to teach ourselves how to refine our knowledge for success.

It’s the self-taught principles that allow us to distinguish our own work from that of others. With the help of the internet, self-taught success is more possible than ever. And there are plenty of ways to reach our inner autodidact.

Elon Musk had science degrees from top Ivy League universities, but he still credits most of his knowledge to the textbooks he allegedly “committed to memory.” Reading is just one way to teach yourself everything you need to know. Aspiring inventors can surely learn a lot by sacrificing some of their leisure time to sit down with a textbook.

For writers and artists, the best study is to just read. Read anything. Inspiration can be derived from poetry, works of fiction, etc. These also help you develop your writing skills, which is an important asset for any aspiring entrepreneur.

“Self-education is, I firmly believe, the only kind of education there is.” – Isaac Asimov

With the help of online Master Classes, Youtube videos, and apps – where online courses developed by some of the top U.S. educational institutions can be accessed remotely – self-taught success is more attainable than ever.

What’s more, we learn through practice. We can publish our own eBooks through Amazon without the publishing house bureaucracy. We can advertise our product, brand, or service through social media savvy without astronomical advertising costs. And as we practice, we learn. We gain feedback from our followers, learn from our mistakes, and do it better the second time around.

Even when you’re teaching yourself, others are always helping. However, you get to decide which lessons are most constructive, and you get to apply them to the real world in real-time.

The Science of Self-Taught

People have a tendency to romanticize the concept of self-taught success. It’s not a solution for laziness, or an excuse for lack of motivation. In many cases, teaching yourself is more work than being taught. The level of accountability rises when you are both teacher and student. Furthermore, it requires more discipline. Without a structured schedule or a guaranteed reward at the end of your efforts, your only hope is your dedication.

Beyond this, however, the only thing stopping most people from teaching themselves is insecurity. Fear of failure and inadequacy halts self-taught learners in their tracks. Especially because with self-teaching, inevitably, comes occasional failure. Unfortunately, the self-taught often feel they have nobody to blame the failure on but themselves – no teachers, mentors, or trainers as scapegoats.

According to Psychology Today, there is nothing that makes certain people better self-taught learners than others. The only difference is motivation, and willingness to overcome that lingering insecurity. Even the concept of “learning styles” is erroneous, says Psychology Today. While each individual is different, ability to learn is not based on preference, but expertise.

Beginners learn better from examples, while experts learn better by solving problems. This builds yet another case for autodidacts, who are more likely to learn by experience – the most effective method.

“Wisdom is not a product of schooling but a lifelong attempt to acquire it.” – Albert Einstein

The Rewards of Being Self-Taught

The fruits of your labor taste sweeter when you’ve taught yourself how to grow them. As such, success is more enjoyable when your self-education has contributed to it. All successful individuals have something in common: they’ve taken the initiative to teach themselves new things, or to supplement their formal education with self-teaching, as well.

Therefore, not all groundbreaking inventors, artists, and philosophers are solely self-taught. However, they’ve still accompanied their college training with their own individual quest for knowledge.

There is a simple reason why autodidacts thrive the most: because they’re always learning. The one mistake people who solely rely on formal education and training make is the mistake of stopping their learning process altogether once it’s over. Not only does this prevent you from being up-to-date on the latest concepts and advancements in your field, but it obstructs your brain’s thirst for mental stimulation.

By constantly learning and teaching ourselves new things, no matter how small or large they might be, we could change the course of our overall health and well-being. Research even shows that mental stimulation (consisting of practicing memorization, learning new things, and improving our skill in existing hobbies) is key to slowing down the development of, and possibly even reversing, Alzheimer’s and dementia.

Motivational speaker and entrepreneur Jim Rohn was noted for saying, “Formal education will make you a living; self-education will make you a fortune.” This does not mean you should abandon the pursuit of formal education, as it often serves as the foundation for self-education. But, it does mean we should maintain, cater to, and quench our thirst for knowledge as much as we possibly can.

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Success Advice

6 Expert Tips for Building Relationships With Those You Idolize

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Many of us dream of one day meeting a celebrity. Be it a movie star or a pro football player, we have a tendency to idolize these individuals, even looking to them for guidance as we make life decisions. In business, we can also find people we idolize. Individuals who have achieved great success with their own company or even revolutionized an industry.

From these people, we can learn key skills, gain valuable insights or even form partnerships to take our own business ventures to the next level. Yes, it is possible to form real relationships with your business idols or industry influencers. But like any other relationship, it requires work.

Here’s 6 ways you can start forming the relationships that will make a lasting difference for your entrepreneurial goals:

1. Do Your Research

Facebook stalking may be creepy for normal relationships, but doing some online research is perfectly okay for business leaders and influencers. After all, most influencers are extremely active online, either through social media, their own website or guest blogging. This basic research gives you a chance to better understand your business idol.

What do they like or dislike? What are their opinions on current trends? What do they talk like? These simple bits of information will help you better know how to approach them and determine if a relationship could prove beneficial.

“The richest people in the world look for and build networks. Everyone else looks for work.” – Robert Kiyosaki

2. Comment Carefully

Your initial research also serves as your first chance for engagement with your business idol. By liking social media posts or leaving thoughtful comments on blog articles, you can make a positive first impression.

Of course, leaving quality comments is sometimes easier said than done. As Kevin Duncan of SmartBlogger explains, thoughtfully contributing to the discussion with personal experiences or meaningful questions are a great way to get the conversation started.

“When you share a personal insight, bloggers can more easily relate to you. You’re no longer just an unfamiliar name making a comment that could have been left by anyone …the more personal your insight, the more unique it will be. And the more unique your insight, the more memorable your comment will be and the more you’ll stand out.”

3. Group Participation

Business leaders and influencers won’t only be found on blogs. Many are also active participants in online industry groups. Whether on Facebook or LinkedIn, these groups allow industry professionals to discuss current trends, ask for advice, or share new opportunities.

If you wish to make a positive impression, you should seek out, join and actively participate in these online groups. Avoid the temptation to promote yourself or your business. Instead, engage in conversations much like you would with a quality blog comment. By sharing your unique experiences and insights, you’ll build a stronger reputation among your peers.

4. Face Time

Online discussions are a great place to start, but the best relationships typically require some face-to-face interaction. You make a much more lasting impression when you have an in-person conversation. Industry conventions or lectures are great places to connect with others in your field. When you show yourself as a living, breathing human being, rather than just a name behind the computer, it becomes so much easier to make a personal connection and form a real, lasting relationship — and that can pay big dividends for future pitches.

Setting up a face-to-face meeting can be tricky. After all, you don’t want to come off as creepy. However, if you’ve already established an online rapport, asking if an influencer would like to briefly meet in person at an event you’re both attending shouldn’t be a problem.

5. Add Value

All relationships have a bit of give and take — and this is especially true when forming relationships in the business world. If you’re only approaching a business idol because you hope to gain something (like an extra investor in your startup), you likely won’t have success. Instead, find ways that you can contribute value.

As leadership consultant Randy Hain explains, “‘What can I do to help you?’ is absolutely one of the best ways to get business relationships off to a great start. Invest in the other person first, with no expectation of return. Do not keep score. Simply make the investment and over time you will benefit from the seeds of generosity you have planted.”

“Networking is the No. 1 unwritten rule of success in business.” – Sallie Krawcheck

6. Focus On the Long-Term

The aforementioned tactics aren’t “one and done” tips. Instead, you’ll need to continually practice them to show your genuine interest and build the kinds of friendships that can pay lasting dividends for everyone involved.

Relationships aren’t a short-term investment — and this is especially true if you want help on your own road to success. Real relationships need time to grow. They need continual nurturing. With a patient, long-term approach, you’ll be less tempted to jump right into a sales pitch and more likely to focus on a genuine friendship that delivers a real payoff.

Becoming an entrepreneur may put you in the role of the underdog — but this doesn’t mean you have to go at it alone. As you form genuine relationships with influencers and other business professionals, you’ll gain access to new sources of knowledge.

You’ll find friends who are willing to help or mentors willing to share their time. You may even find a new business partner. Relationship-building is a lifelong endeavor, but it will always pay off in the end.

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Success Advice

Stop Denying Your Negative Thoughts and Start Embracing Them

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Over the years, many of the talking heads and pundits in the personal development and success science industry have talked about the immediate replacement of negative thoughts with positive thoughts. The logic behind that particular behavioral strategy seems to make sense on the surface. Think about it, when a negative thought rears its ugly head, we should immediately dive into the repository of positive thoughts that we have available to us so that we could immediately begin to dwell on it.

Even further, some gurus of the genre suggest removing any chance of having a negative thought by the constant repetition of affirmations. Again, tried-and-true motivational technology that is very workable and still useful. I would suggest, however, that you view the above behaviors as tactics more than strategies.

I will further suggest to you that you do not abhor your negative thoughts but rather embrace them, examine them, and place them under a spotlight. My reasoning behind this goes back over 100 years into psychology with stimulus/response, that is, the cause and effect of certain behaviors. Many individuals look at a negative thought as a causative driver. The negative thought exists as a cause, and our behavior toward that cause will determine the effect.

So, following this logic, if an individual has a negative thought which makes them feel sad, and that sadness causes them to binge drink, by removing the negative thought you’ll have removed the motivation for binge drinking. Doesn’t that sound kind of silly? The suggestion here is to turn off the negative thought so that it will turn off the consumption of alcohol.

Of course, this makes sense if we view the negative thought as a primal force in behavior. So, what if we started to think of the negative thought more as the result of something else? It means that the “something else” must change first. What if we took a different approach? What if we looked at a negative thought as an effect of some larger causal factor?

“You’re going to go through tough times – that’s life. But I say, ‘Nothing happens to you, it happens for you.’ See the positive in negative events.” – Joel Osteen

By reversing the cause-and-effect motion of negative thinking (saying that the negative thought is an effect), we now can ask a deeper, more penetrative question: Why are we thinking that negative thought? What is the underlying cause of that specific train of thinking? By reversing the cause-and-effect relationship of negative thinking, it allows the negative thinker to assume the role of diagnostician!

Below is a three-step process you can use to examine your negative thoughts, the role of it in your life, and how you can get rid of them:

1. Simply acknowledge the negative thought

Recognize the fact that there’s a negative thought in your mind instead of trying to go through a process of emotionally overlaying positive thoughts on top of it. Can you see how this exacerbates the issue? You have a negative thought, you immediately recognize that it must be changed, and you frantically scurry through the museum of your mind to find a positive thought to replace it.

In the meantime, while you are trying to find that positive thought, you’re feeling anxious, nervous, and guilty! When you finally find a positive thought to replace that negative thought, the normal process is to squash it. But you can’t! It’s like trying to get rid of weeds by covering them with rocks.

They will always find another way around the rock. It is the same with negative thoughts. Consequently, try acknowledging the negative thought.

2. Affirm the negative thought

It is a part of you. Instead of denying its existence, accept that it is there in front of you and that you are now willing to deal with it. If any of you reading this are dog lovers, you will know that the best way to get a dog next to you is by attempting to push it away from you. Every time you push the dog away it gets closer. This is the same with negative thinking because the harder you push the closer it gets.

“Always turn a negative situation into a positive situation.” – Michael Jordan

3. Acquit the thought

Give it permission to leave you. Thank it for its past importance in your life and allow it to be on its way! At this point feel free to replace the negative thought with a positive thought. What will begin to happen when you place the negative thought under the spotlight is that you will see how insignificantly small it actually is.

This is a process I’ve been using for quite some time, and it works! Oh sure, I still use affirmations on a daily basis; as a matter fact I have them right here in front of me. I find that affirmations are a tremendous way to stay positive because it doesn’t allow any room for bad things to grow. But since the average person thinks 60,000 to 65,000 thoughts per day, let’s face it, a few negative thoughts have to squeak in there!

The best advice that I can give is to not freak out over a negative thought. Acknowledge it, affirm it, and acquit it! This is magic. Watch what happens!

How do you handle negative thoughts? Let us know your tips below!

Image courtesy of Twenty20.com

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Success Advice

One Thing I Can Teach You About Life That Will Help You Forever.

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I used to be a very anxious person.

I was embarrassed by what I couldn’t do and every day was a struggle. From the moment I would wake up to the moment I’d go to bed, everything felt impossibly overwhelming. It’s a battle I’ve dealt with most of my life.

This daily struggle with mental illness taught me that the satisfaction didn’t lie in beating it; the satisfaction was in helping other people beat mental illness through my success in fighting it.


Recently, I was at work. It was a pretty standard day — nothing too exciting. I then had a catch up with one of the leaders I worked with.

She said something that got my attention: “One of our colleagues is battling a mental illness.”

I really wanted to help. My eyes lit up. There was no need to uncover my plan with anyone else. I knew that staying discrete was fundamental.

I approached the person in question and asked for a few minutes of their time.

I didn’t ask them to admit their mental illness struggle; I just shared my story.

I talked about the anxiety stopping me from having a normal life, eating the right foods, going on dates with girls, having the career I wanted and traveling the world.

I wasn’t sure if any of it was sinking in or even helping. I felt compelled to go on. One thing I knew was that he was paying attention. I could see it in his eyes.

I then went on to talk about how I beat mental illness. Strategies such as:

  • Creating fear lists
  • Seeking professional help
  • Working on myself
  • Books I read
  • Events I attended

Out of nowhere, he started opening up about his own struggle. I was shocked.
It wasn’t pretty. He had an extreme case of mental illness that I certainly couldn’t diagnose or give professional advice on.

All I could do was show him through my own story that there was hope

I offered him access to all the resources I had. I told him that he had my full support and I’d be happy to help in any way I could. He then said:

“What was your psychologist’s name?”

I told him I’d look it up and send it to him. I didn’t have the answer in front of me, but I was determined when I got home to find it.

At the end of the catch-up, he smiled. I don’t think he’d smiled like that in a very long time.

That smile gave me so much satisfaction. It made my own struggle with mental illness worth it. All those sleepless nights, times spent vomiting into the toilet and dark days where I didn’t want to go on made sense.


“It took more than seven years for me to understand that my own battle with mental illness actually had a benefit”

That benefit was the satisfaction in seeing someone beat their mental illness because I was able to defeat mine.

It’s probably the greatest satisfaction of my entire life.

That’s one thing I can teach you about life that will help you forever.

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Success Advice

Success is for the Self-Taught

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Truman Capote, Jimi Hendrix, Steve Jobs, Nikola Tesla. Those are four names you never thought you’d see in a sentence together. As it happens, these four individuals have more in common than their success, ingenuity, and fame. They were all autodidacts. In other words, they were self-taught learners. (more…)

Ellie Batchiyska is a writer for Every USB, helping business and entrepreneurs with their branding through the use of custom flash drives.

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24 Comments

24 Comments

  1. manny

    Jan 17, 2015 at 7:01 am

    mark cuban must be smoking some good stuff. he just suggested a 6month cd which is avg 0.80% when last year inflation was avg 1.4% so my money is doing nothing not even keeping up with inflation and somehow im richer then everyone else? whats next mark keep working at my dead end job save my money at the bank and retire so broke on social security that I have to keep working until I die? Also you say that great ideas are never shared thus everyone else is just scamming each other? LMAO Oh boy tin foil is next for you. This post was for suckers imo.

  2. Angel Villanueva

    Oct 5, 2013 at 6:57 pm

    Hello, Mr. Cuban , my name is ANGEL, It’s funny. I’m going to start with. I to believe it or not I am a Multi-Billionaire, I am a Farmer by trade, I got my Real Estate License back in 2006 While I got sick, well to make things short I got shot with a Shot gun on my back, I have 3 fuse disc on my lower back, plus 3 on my neck. About 40 pallets all over my back. Ok, I almost lost my farm while I was sick. I got well started Real Estate sale’s done well since. Just enough to get by. But here is my lesson to you an everybody out there..Please Thank GOD for what ever you have. I have my Wife an 3 children, 1 beautiful Grand daughter an son inlaw. Best of all my Life. I Enjoy Everyday I Thank GOD. I am a Multi-Billionaire, I have a Family.
    Angel Villanueva

  3. B.Veenman

    Sep 2, 2013 at 8:51 am

    Nice article Mark, I’m confronted with change in my industry at the moment and I know I’m just in the right place at the right time. I have already recognized that this might be my burst, the one that I have been working towards for 6 years. I want to just let other readers know to take to hart what Mark writes here, It is very true, from gaining knowledge about you business to that the change in you industry will come.
    It does not matter if your industry is a big industry, With the right idea a small market can be turned into a big market, or you will see related opportunity in a much bigger market.
    Good luck to everybody into becoming bilionairs

  4. Vital KARANGWA

    Jan 9, 2013 at 3:52 pm

    Well, very nice article! I have very many ambitions and I need help of people like you! I think this article will help me in many things , especially in savings! because I spend more than I earn. So, at the end of the month I find my self in looking for extra mony!

  5. Ibukun

    Dec 30, 2012 at 8:26 am

    Nice article

  6. Darlington

    Nov 29, 2012 at 9:59 am

    well, others who can help yu should find you already helping yourself.This good advice and it works

  7. Hollington Tong

    Nov 10, 2012 at 8:27 pm

    In the section First here’s what not to do he is doing what he said not to do.
    Billionaires Rich Devos And Jay Van Andle seem to disagree with his first not what to do also.

    I am not saying the advice here is unsound but its self defeating when you say no one will help you in an article designed to help you. Simply because if you believe others aren’t there to help you succeed then your advice is would be designed to make sure others don’t.

  8. jacob

    Sep 6, 2012 at 3:27 am

    hey my name is jacob fowler ,im a high school student in montana . ive read alot of your stuff about helping you succeed with your goals ,i have many goals of my own ,and its fascinating how you to be where you are now.thank you and it would be great to talk to you . thanks

  9. Reemo

    Aug 19, 2012 at 2:29 pm

    Just a heretical thought to add to the conversation… Wheres the fun in getting rich when the rest of the people are down and out with markets crashing…. I want to be rich when the markets are up so I dont have to be alone in my success….I want to be rich when the economy is booming and everyones happy . I dont want to enjoy at a time when others are weeping … Just my two cents

    • Steve

      Dec 18, 2012 at 4:03 am

      Everyone one wants to grow rich and everyone wants to grow rich with their ones you love. The difficult part is when you start becoming successful and your loved ones are struggling with taking the initial sacrifices, like adding discipline to their lives. What then? Do you carry them on your back so they can “be there” with you in your success? For someone to be successful, first of all they have to want to for themselves.Then take action.

    • Matt

      Dec 25, 2012 at 3:39 pm

      I think you are missing the point…making money is a zero sum game. When someone makes a bunch, someone else lost a bunch. Statements like ‘I want to make money while everyone else is’ is something that someone who will never make money says. Capitalism is just that, capitalizing. If capitalizing on something for your own gain hurts your feelings for someone else, than just start a non profit. Don’t get me wrong I want people to all succeed but the reality is most wealthy people make money by taking it from others. There is a finite amount of money out there, it’s not meant to be shared, it’s meant to be exchanged.

  10. Mike

    Jul 29, 2012 at 12:29 am

    Couldn’t agree more about the statement regarding cash.

  11. Nedu

    Jul 14, 2012 at 4:18 am

    I ve read d post and comments dat ve followed.i observe dat as d years go by and inflation is hitting d roof,a lot of pple wil find it difficult 2 cope not 2 talk of get rich. U save up money and inflation preys on it and u think u ve moved an inch. IF U THINK ABOUT GETTING RICH INSTEAD OF THINKING ABOUT CREATING VALUE THAT U RE PASSIONATE ABOUT,it maybe difficult and impossible 2 be rich.

    • Shamus Mac

      Jul 30, 2012 at 11:25 pm

      “If you think about getting rich instead of… creating value that you’re passionate about, it may be difficult and impossible to be rich.”

      @Nedu: Truer words have hardly been said!

      MLM companies are group-think institutions which dedicate their training seminars to teach only recruitment and ignore retail techniques, because their customers are, in fact, you “independent distributors” which are coerced to fulfil minimum monthly purchase levels to maintain your precious and hard-won discount rate.

      And what an ideal customer you are! Whether you consume or resell or not is no concern of the MLM parent company. The more inspirational seminars you attend, and the more resources you dedicate to reach those exotic locations, the longer it will take for you to accept reality, despite your pantry full of overstock, and friends which have either become your direct competitors or ostracised you for attempting to profit off them.

      I now profit off independent distributors by providing prepopulated e-commerce solutions for a specific MLM company in a sincere attempt to help those who, like members of my immediate family, persist because the mark-ups do look great on paper. What inspired this? Aside from sympathy, the realization that many people made a smart profit off the California gold rush; but almost all of them simply ran tool shops to supply the gold diggers.

  12. Adrian Keys

    Jul 8, 2012 at 1:55 am

    “Boom and busts happen to every industry. The question is whether you have the discipline to be ready when it happens for you ?

    If you do, you will find out what it feels like to get lucky.”

    The most important for the very last…sweet! Nice post….

  13. dave amos

    Jun 5, 2012 at 11:13 am

    I think Lauren is right on the button, he has spelt it out in a simple black n white way to make a point, but basically he is right, learn about business from the bottom up, save your money, work 10% harder than the average and you’ll do well, my dad had a phrase – if you want something done “Find a busy man” I never understood at first, only thing I would add is – don’t let the corporate ladder be the thing that ties you into a salary, jump off at some point and do your own thing … apart from that delay a family as long as you can – that’s advice for men of course … good luck, it’s hard work. 🙂

  14. Mark Hibbitts

    Jun 3, 2012 at 8:20 am

    Lauren is correct that the areas are pretty broad, but I think this is a pretty good article as it tells it like it is. Getting wealthy takes time and discipline, and there are no short cuts. Yes you need to learn investing too but without cash that’s a waste of time. Cash flow is king.

    I’m also interested in seeing Laurens website as I write books for children about the same things and there may be a potential JV for us.

    Mark Hibbitts

  15. DeJuan Collins

    May 1, 2012 at 7:04 pm

    I agree with a lot of his advice, except the business model of a good MLM company this business model may not make you rich, but could create you seed money to invest in other entrepreneurial opportunities. For a few hundred dollars to get started you could break even really fast and be on the road to profit pretty quickly.

  16. Gabriel Do Carmo

    Apr 27, 2012 at 2:53 pm

    I disagree with some, if not most, of what Mark Cuban said. For anybody reading this comment, go read the book Rich Dad Poor Dad by Robert Kiyosaki. It will COMPLETELY change your mindset for the better

  17. Eduardo Salido

    Mar 22, 2012 at 8:38 am

    I dont agree with him, if you have a family it means two paychecks not one! Of course a parent spends with children but the amount is not alot. I think this guy got lucky, Ive read a couple of blogs from him and he just sounds nonsense.

  18. dbizzle03

    Mar 5, 2012 at 7:15 pm

    I stopped reading after he said that most things are schemes and to put your savings into a 6 month CD at the bank. Clearly, not the way to get ahead when there are better ways of saving. There are plenty of vehicles to use to get to where you want to go, the key really is you have to WORK to get there.

  19. Lauren Sainz

    Mar 2, 2012 at 3:11 pm

    I have a website that targets getting financial information to young adults, information that they aren’t getting from high schools or colleges. In my opinion, it’s great that Mr. Cuban has created a rich lifestyle for himself and was able to retire in his 20s. However, some of the points he makes are very broad and won’t work for everyone.

    In a perfect world, starting in your teenage years you’ll know the ins-and-outs of managing money, you won’t charge up credit card debt, you’ll spend less than you make, you’ll save 10% of your income, and you’ll always be able to buy what you need without struggle. For Mr. Cuban, he seemed to understand that and I applaud him for understanding at such a young age.

    However, this new generation of young adults are accustomed to the life of buying now, paying later. They don’t have the discipline to save money and pay for things with cash. They want to go to college and cannot pay for it so they must take out student loans.

    The idea of getting a job and learning all there is to learn about that business and then waiting for your opportunity to strike sounds like an idea that will fail for most. Nobody wants to be told to wait to get rich.

    I’m a firm believer in knowledge is power and I understand the idea of learning all there is to learn about a business. However, ultimately an investment has to be made in yourself either through additional schooling or to start a business.

    I started my website almost a year ago. I’m only just now seeing revenue come in from ads that I place on my site. All my information I give on the site is free to my readers and I never charge for anything. I found something that I love doing and I do that through writing about personal finance on the web.

    But before I started my site, I had to get my knowledge from somewhere. I went to school. I took out massive student loans. I racked up credit card debt when paychecks were too short to pay bills. I made financial mistakes and I’ve learned from them. I’m doing better.

    Most young adults are not starting out with a clean slate. They have debt to repay. They don’t have the time to wait to save money. Some are too strapped that they cannot pay more than the minimum on their debt and there is no room for savings. So, based on Mr. Cubans idea of saving every penny, that won’t work for them because they don’t have enough pennies to save.

    The key to getting rich isn’t just finding a business that interests you and learning about it and saving every penny you have, it’s about deciding where you want to invest your money. You can invest in an education for yourself, invest in a venture someone you know wants to do, invest in a business opportunity for yourself, or invest in your future (retirement accounts). Yes, stay away from scams, but multi-level marketing isn’t evil. There are legit MLM companies out there to choose from. You just have to do your research first and be passionate about the product they sell. If you aren’t passionate about a product, you won’t be able to sell that product through a MLM business. There are also legit stay-at-home jobs online.

    The point is your options for getting rich are endless and as long as you remain focused, it can happen for you. You just have to find your passion and start from there.

    • kirk davis (@kirkd12)

      Mar 2, 2012 at 5:20 pm

      Nice post Lauren and very noble of you not to advertise your website but I would be interested in reading some of your stuff so please do provide a link or tweet me (@kirkd12)

      thanks

      • Raymond Duke

        Mar 2, 2012 at 8:25 pm

        I too have recently started a site, and have been leaving comments on blogs I follow or find interesting. And Kirk, I agree with you about not linking to the site in your comment because it makes it seem as if you are fishing for hits. If you are leaaving a genuine thoughtful comment, then you are more likely to gain the interest of its reader who will then go on to your site which hopefully leads to more genuine and thoughtful information. By the way, you can visit the site of the person who left the comment by going to their avatar and clicking “visit site” underneath it. Doing this, or clicking on the person’s name, will bring you to their site usually on most most places or sites that let you leave comments.

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Success Advice

Success is for the Self-Taught

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Truman Capote, Jimi Hendrix, Steve Jobs, Nikola Tesla. Those are four names you never thought you’d see in a sentence together. As it happens, these four individuals have more in common than their success, ingenuity, and fame. They were all autodidacts. In other words, they were self-taught learners.

The talents and innovations that skyrocketed them to fame were the products of their own teachings. Make no mistake, this doesn’t mean a formal education is a waste of time. However, it goes to show that success is crafted solely by commitment and focus. While college and traineeships can prepare us for the groundwork of what we pursue, it’s ultimately up to us as individuals to teach ourselves how to refine our knowledge for success.

It’s the self-taught principles that allow us to distinguish our own work from that of others. With the help of the internet, self-taught success is more possible than ever. And there are plenty of ways to reach our inner autodidact.

Elon Musk had science degrees from top Ivy League universities, but he still credits most of his knowledge to the textbooks he allegedly “committed to memory.” Reading is just one way to teach yourself everything you need to know. Aspiring inventors can surely learn a lot by sacrificing some of their leisure time to sit down with a textbook.

For writers and artists, the best study is to just read. Read anything. Inspiration can be derived from poetry, works of fiction, etc. These also help you develop your writing skills, which is an important asset for any aspiring entrepreneur.

“Self-education is, I firmly believe, the only kind of education there is.” – Isaac Asimov

With the help of online Master Classes, Youtube videos, and apps – where online courses developed by some of the top U.S. educational institutions can be accessed remotely – self-taught success is more attainable than ever.

What’s more, we learn through practice. We can publish our own eBooks through Amazon without the publishing house bureaucracy. We can advertise our product, brand, or service through social media savvy without astronomical advertising costs. And as we practice, we learn. We gain feedback from our followers, learn from our mistakes, and do it better the second time around.

Even when you’re teaching yourself, others are always helping. However, you get to decide which lessons are most constructive, and you get to apply them to the real world in real-time.

The Science of Self-Taught

People have a tendency to romanticize the concept of self-taught success. It’s not a solution for laziness, or an excuse for lack of motivation. In many cases, teaching yourself is more work than being taught. The level of accountability rises when you are both teacher and student. Furthermore, it requires more discipline. Without a structured schedule or a guaranteed reward at the end of your efforts, your only hope is your dedication.

Beyond this, however, the only thing stopping most people from teaching themselves is insecurity. Fear of failure and inadequacy halts self-taught learners in their tracks. Especially because with self-teaching, inevitably, comes occasional failure. Unfortunately, the self-taught often feel they have nobody to blame the failure on but themselves – no teachers, mentors, or trainers as scapegoats.

According to Psychology Today, there is nothing that makes certain people better self-taught learners than others. The only difference is motivation, and willingness to overcome that lingering insecurity. Even the concept of “learning styles” is erroneous, says Psychology Today. While each individual is different, ability to learn is not based on preference, but expertise.

Beginners learn better from examples, while experts learn better by solving problems. This builds yet another case for autodidacts, who are more likely to learn by experience – the most effective method.

“Wisdom is not a product of schooling but a lifelong attempt to acquire it.” – Albert Einstein

The Rewards of Being Self-Taught

The fruits of your labor taste sweeter when you’ve taught yourself how to grow them. As such, success is more enjoyable when your self-education has contributed to it. All successful individuals have something in common: they’ve taken the initiative to teach themselves new things, or to supplement their formal education with self-teaching, as well.

Therefore, not all groundbreaking inventors, artists, and philosophers are solely self-taught. However, they’ve still accompanied their college training with their own individual quest for knowledge.

There is a simple reason why autodidacts thrive the most: because they’re always learning. The one mistake people who solely rely on formal education and training make is the mistake of stopping their learning process altogether once it’s over. Not only does this prevent you from being up-to-date on the latest concepts and advancements in your field, but it obstructs your brain’s thirst for mental stimulation.

By constantly learning and teaching ourselves new things, no matter how small or large they might be, we could change the course of our overall health and well-being. Research even shows that mental stimulation (consisting of practicing memorization, learning new things, and improving our skill in existing hobbies) is key to slowing down the development of, and possibly even reversing, Alzheimer’s and dementia.

Motivational speaker and entrepreneur Jim Rohn was noted for saying, “Formal education will make you a living; self-education will make you a fortune.” This does not mean you should abandon the pursuit of formal education, as it often serves as the foundation for self-education. But, it does mean we should maintain, cater to, and quench our thirst for knowledge as much as we possibly can.

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6 Expert Tips for Building Relationships With Those You Idolize

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Many of us dream of one day meeting a celebrity. Be it a movie star or a pro football player, we have a tendency to idolize these individuals, even looking to them for guidance as we make life decisions. In business, we can also find people we idolize. Individuals who have achieved great success with their own company or even revolutionized an industry.

From these people, we can learn key skills, gain valuable insights or even form partnerships to take our own business ventures to the next level. Yes, it is possible to form real relationships with your business idols or industry influencers. But like any other relationship, it requires work.

Here’s 6 ways you can start forming the relationships that will make a lasting difference for your entrepreneurial goals:

1. Do Your Research

Facebook stalking may be creepy for normal relationships, but doing some online research is perfectly okay for business leaders and influencers. After all, most influencers are extremely active online, either through social media, their own website or guest blogging. This basic research gives you a chance to better understand your business idol.

What do they like or dislike? What are their opinions on current trends? What do they talk like? These simple bits of information will help you better know how to approach them and determine if a relationship could prove beneficial.

“The richest people in the world look for and build networks. Everyone else looks for work.” – Robert Kiyosaki

2. Comment Carefully

Your initial research also serves as your first chance for engagement with your business idol. By liking social media posts or leaving thoughtful comments on blog articles, you can make a positive first impression.

Of course, leaving quality comments is sometimes easier said than done. As Kevin Duncan of SmartBlogger explains, thoughtfully contributing to the discussion with personal experiences or meaningful questions are a great way to get the conversation started.

“When you share a personal insight, bloggers can more easily relate to you. You’re no longer just an unfamiliar name making a comment that could have been left by anyone …the more personal your insight, the more unique it will be. And the more unique your insight, the more memorable your comment will be and the more you’ll stand out.”

3. Group Participation

Business leaders and influencers won’t only be found on blogs. Many are also active participants in online industry groups. Whether on Facebook or LinkedIn, these groups allow industry professionals to discuss current trends, ask for advice, or share new opportunities.

If you wish to make a positive impression, you should seek out, join and actively participate in these online groups. Avoid the temptation to promote yourself or your business. Instead, engage in conversations much like you would with a quality blog comment. By sharing your unique experiences and insights, you’ll build a stronger reputation among your peers.

4. Face Time

Online discussions are a great place to start, but the best relationships typically require some face-to-face interaction. You make a much more lasting impression when you have an in-person conversation. Industry conventions or lectures are great places to connect with others in your field. When you show yourself as a living, breathing human being, rather than just a name behind the computer, it becomes so much easier to make a personal connection and form a real, lasting relationship — and that can pay big dividends for future pitches.

Setting up a face-to-face meeting can be tricky. After all, you don’t want to come off as creepy. However, if you’ve already established an online rapport, asking if an influencer would like to briefly meet in person at an event you’re both attending shouldn’t be a problem.

5. Add Value

All relationships have a bit of give and take — and this is especially true when forming relationships in the business world. If you’re only approaching a business idol because you hope to gain something (like an extra investor in your startup), you likely won’t have success. Instead, find ways that you can contribute value.

As leadership consultant Randy Hain explains, “‘What can I do to help you?’ is absolutely one of the best ways to get business relationships off to a great start. Invest in the other person first, with no expectation of return. Do not keep score. Simply make the investment and over time you will benefit from the seeds of generosity you have planted.”

“Networking is the No. 1 unwritten rule of success in business.” – Sallie Krawcheck

6. Focus On the Long-Term

The aforementioned tactics aren’t “one and done” tips. Instead, you’ll need to continually practice them to show your genuine interest and build the kinds of friendships that can pay lasting dividends for everyone involved.

Relationships aren’t a short-term investment — and this is especially true if you want help on your own road to success. Real relationships need time to grow. They need continual nurturing. With a patient, long-term approach, you’ll be less tempted to jump right into a sales pitch and more likely to focus on a genuine friendship that delivers a real payoff.

Becoming an entrepreneur may put you in the role of the underdog — but this doesn’t mean you have to go at it alone. As you form genuine relationships with influencers and other business professionals, you’ll gain access to new sources of knowledge.

You’ll find friends who are willing to help or mentors willing to share their time. You may even find a new business partner. Relationship-building is a lifelong endeavor, but it will always pay off in the end.

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Success Advice

Stop Denying Your Negative Thoughts and Start Embracing Them

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Over the years, many of the talking heads and pundits in the personal development and success science industry have talked about the immediate replacement of negative thoughts with positive thoughts. The logic behind that particular behavioral strategy seems to make sense on the surface. Think about it, when a negative thought rears its ugly head, we should immediately dive into the repository of positive thoughts that we have available to us so that we could immediately begin to dwell on it.

Even further, some gurus of the genre suggest removing any chance of having a negative thought by the constant repetition of affirmations. Again, tried-and-true motivational technology that is very workable and still useful. I would suggest, however, that you view the above behaviors as tactics more than strategies.

I will further suggest to you that you do not abhor your negative thoughts but rather embrace them, examine them, and place them under a spotlight. My reasoning behind this goes back over 100 years into psychology with stimulus/response, that is, the cause and effect of certain behaviors. Many individuals look at a negative thought as a causative driver. The negative thought exists as a cause, and our behavior toward that cause will determine the effect.

So, following this logic, if an individual has a negative thought which makes them feel sad, and that sadness causes them to binge drink, by removing the negative thought you’ll have removed the motivation for binge drinking. Doesn’t that sound kind of silly? The suggestion here is to turn off the negative thought so that it will turn off the consumption of alcohol.

Of course, this makes sense if we view the negative thought as a primal force in behavior. So, what if we started to think of the negative thought more as the result of something else? It means that the “something else” must change first. What if we took a different approach? What if we looked at a negative thought as an effect of some larger causal factor?

“You’re going to go through tough times – that’s life. But I say, ‘Nothing happens to you, it happens for you.’ See the positive in negative events.” – Joel Osteen

By reversing the cause-and-effect motion of negative thinking (saying that the negative thought is an effect), we now can ask a deeper, more penetrative question: Why are we thinking that negative thought? What is the underlying cause of that specific train of thinking? By reversing the cause-and-effect relationship of negative thinking, it allows the negative thinker to assume the role of diagnostician!

Below is a three-step process you can use to examine your negative thoughts, the role of it in your life, and how you can get rid of them:

1. Simply acknowledge the negative thought

Recognize the fact that there’s a negative thought in your mind instead of trying to go through a process of emotionally overlaying positive thoughts on top of it. Can you see how this exacerbates the issue? You have a negative thought, you immediately recognize that it must be changed, and you frantically scurry through the museum of your mind to find a positive thought to replace it.

In the meantime, while you are trying to find that positive thought, you’re feeling anxious, nervous, and guilty! When you finally find a positive thought to replace that negative thought, the normal process is to squash it. But you can’t! It’s like trying to get rid of weeds by covering them with rocks.

They will always find another way around the rock. It is the same with negative thoughts. Consequently, try acknowledging the negative thought.

2. Affirm the negative thought

It is a part of you. Instead of denying its existence, accept that it is there in front of you and that you are now willing to deal with it. If any of you reading this are dog lovers, you will know that the best way to get a dog next to you is by attempting to push it away from you. Every time you push the dog away it gets closer. This is the same with negative thinking because the harder you push the closer it gets.

“Always turn a negative situation into a positive situation.” – Michael Jordan

3. Acquit the thought

Give it permission to leave you. Thank it for its past importance in your life and allow it to be on its way! At this point feel free to replace the negative thought with a positive thought. What will begin to happen when you place the negative thought under the spotlight is that you will see how insignificantly small it actually is.

This is a process I’ve been using for quite some time, and it works! Oh sure, I still use affirmations on a daily basis; as a matter fact I have them right here in front of me. I find that affirmations are a tremendous way to stay positive because it doesn’t allow any room for bad things to grow. But since the average person thinks 60,000 to 65,000 thoughts per day, let’s face it, a few negative thoughts have to squeak in there!

The best advice that I can give is to not freak out over a negative thought. Acknowledge it, affirm it, and acquit it! This is magic. Watch what happens!

How do you handle negative thoughts? Let us know your tips below!

Image courtesy of Twenty20.com

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Success Advice

One Thing I Can Teach You About Life That Will Help You Forever.

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I used to be a very anxious person.

I was embarrassed by what I couldn’t do and every day was a struggle. From the moment I would wake up to the moment I’d go to bed, everything felt impossibly overwhelming. It’s a battle I’ve dealt with most of my life.

This daily struggle with mental illness taught me that the satisfaction didn’t lie in beating it; the satisfaction was in helping other people beat mental illness through my success in fighting it.


Recently, I was at work. It was a pretty standard day — nothing too exciting. I then had a catch up with one of the leaders I worked with.

She said something that got my attention: “One of our colleagues is battling a mental illness.”

I really wanted to help. My eyes lit up. There was no need to uncover my plan with anyone else. I knew that staying discrete was fundamental.

I approached the person in question and asked for a few minutes of their time.

I didn’t ask them to admit their mental illness struggle; I just shared my story.

I talked about the anxiety stopping me from having a normal life, eating the right foods, going on dates with girls, having the career I wanted and traveling the world.

I wasn’t sure if any of it was sinking in or even helping. I felt compelled to go on. One thing I knew was that he was paying attention. I could see it in his eyes.

I then went on to talk about how I beat mental illness. Strategies such as:

  • Creating fear lists
  • Seeking professional help
  • Working on myself
  • Books I read
  • Events I attended

Out of nowhere, he started opening up about his own struggle. I was shocked.
It wasn’t pretty. He had an extreme case of mental illness that I certainly couldn’t diagnose or give professional advice on.

All I could do was show him through my own story that there was hope

I offered him access to all the resources I had. I told him that he had my full support and I’d be happy to help in any way I could. He then said:

“What was your psychologist’s name?”

I told him I’d look it up and send it to him. I didn’t have the answer in front of me, but I was determined when I got home to find it.

At the end of the catch-up, he smiled. I don’t think he’d smiled like that in a very long time.

That smile gave me so much satisfaction. It made my own struggle with mental illness worth it. All those sleepless nights, times spent vomiting into the toilet and dark days where I didn’t want to go on made sense.


“It took more than seven years for me to understand that my own battle with mental illness actually had a benefit”

That benefit was the satisfaction in seeing someone beat their mental illness because I was able to defeat mine.

It’s probably the greatest satisfaction of my entire life.

That’s one thing I can teach you about life that will help you forever.

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