Want To Get Rich? DON'T Be An Entrepreneur.

0:00This is Bill. Every morning he wakes up to the sound of a piercing alarm. Dread in the day ahead, at a job he despises. He feels trapped, undervalued, and like he's not making any progress in life. Bill comes to the conclusion that the only way out of the situation is to start a business and become his own boss, so he quits his job and goes for it. Now I'm sure you want this story to have a happy ending, however life doesn't really work like that. As a multi-millionaire business man, I've seen hundreds of people who quit their jobs and start their own businesses, and only a small percentage of them end up being successful. That's because, and I'm not going to sugarcoat it, most people don't have what it takes to be an entrepreneur. Before you think I'm trying to crush your dreams, I'm not. I'm just saying it how it is. So before you think about starting any kind of business, make sure you take the following five steps. Step one, kill your delusion. You've been fed the lie that becoming a successful entrepreneur is all about coming up with the

1:02perfect idea. They want you to believe that the only thing that stands in your way is that light bold moment, and once you have it, everything will go perfectly. That's because selling this delusion is highly profitable. I mean, I'm sure you've seen the headlines like how I built a million dollar business in 30 days or how I fired my boss and started my own business. These stories might be true, but they're very out of the ordinary, and they don't take into account all the previous failures that that person had to go through to get to where they are today. Media outlets and social media gurus make things sound easy so that they can capitalize off your delusion. But guess what? You'll be in the light too. In order to become successful in business, you need to burst this bubble of lies. Otherwise, it will be burst for you, and trust me, this is way more damaging. For me, this harsh reality check happened very early on. I shared my business plans with a friend and he stole all my ideas and set up a business for himself. Fortunately, I didn't have many

2:02options like a fancy degree to fall back on, so I had no choice but to adapt and come up with a new strategy. I suppose that's the difference between wanting it to work and needing it too. When you're left with no other options, you're much more likely to come out on top. I see way too many people giving up when they hit that first big challenge, as they can't understand why it's not working out perfectly, like they were led to believe. But I've got some news for you. Successful people aren't business gods who get it right every time. Most entrepreneurs are winging it. They've never got all of the answers. I mean, the majority of businesses on Shark Tank and Dragons Den, they fell and they've got billionaires back in them. The all biggest heroes have probably faced more struggles than most, but that's the reason you're inspired by them. After a resetback, they pulled themselves together and came back bigger and better than before. So kill your delusion, expect failure and accept that success doesn't come easy. Step 2. Replace your friends. In my early

3:0420s, I spent every week in our building my first business. I was so obsessed that I didn't even notice how lonely I was deep down. A recent national survey by SIGNA actually showed almost half of American's report feeling lonely, and I suspect this is much higher for entrepreneurs. I worked so hard for so long and when I finally came up for air, I realised I'd lost almost all my friends and the friends that I still had could no longer relate to my mindset, lifestyle or struggles. If you're anything like me, then you're bound to experience something similar and the more successful you get, the more the disconnect will grow. For some time, I felt lost and alone, thinking that I was the problem, but then it hit me like a ton of bricks. Outgrown old friends is a painful, yet inevitable part of the growth process. If your friends aren't prepared to grow with you, then you shouldn't be wasting your valuable time with them. Now it's the time to seek out new people who are willing to level up alongside you. That's why it can be a great idea to have a co-founder,

4:07as they're in the trenches with you, and you're able to motivate each other when you're feeling down. Just be careful when you're selecting your co-founder, because this is the person you're going to be spending a significant amount of time with, even more than your family. So it's very important that you know how this person reacts through tough times. It's also a good idea to join communities full of other entrepreneurs. I run one of the biggest free discord servers called Strike It Big, and you're very welcome to join. There's about 30,000 entrepreneurs in there discussing all things business and making money. I'll leave a link in the description below. It's completely free. So replace your friends, find like-minded people, and never look back. Step 3, rethink money. My friend Daniel Priestley used to struggle with closing high value deals in his job as a salesman. The truth is, he felt uncomfortable asking for large sums of money, because he placed too much value on it himself. Potential customers could sense his awkwardness when discussing money, which would often lead to him losing a deal at the final hurdle. That's when his mentor had to

5:12step in. He told him to carry a thousand dollars in cash in his pocket wherever he went. At first, he thought this was crazy, but he followed the advice and scraped together all of the money he had at the time. Because he was carrying it around every day, it quickly started to feel insignificant and little more than pocket change. It completely adjusted his attitude towards money and helped to become a multi-millionaire in his early 20s. If you currently work a day job, you've probably have this issue as well, without even knowing it. But if you want to be successful in business, then you have to believe that there is so much money out there waiting to be grabbed. And most importantly, not be afraid to spend it as a business owner. I have spent hundreds of thousand dollars this month alone without hesitation because I know that investing in my business, whether in staff, stock or technology, will have a positive effect in the long term. So you need to stop thinking of money as a valuable asset that's hard to get and start viewing it as a tool to build wealth. Step 4. Maximize efficiency. Did you know that 72% of all small business owners

6:20struggle with feeling overwhelmed? It's no wonder they feel this way, given the constant pressure to meet daily targets, make decisions about the future of the business, and generate revenue, all while trying to maintain some kind of social life. You just have so many plates to spend as an entrepreneur. That's why when someone says to me, you're the boss, you can take the day off, it really p**ts me off. When you work a normal job, you only have to focus on the day ahead. After work, you can go home and relax. However, for a business owner, it's very hard to ever switch off. You know that you're solely responsible for making sure the money keeps flowing. That's why I hate it when people put down normal jobs. Not everyone wants the stress that comes with running a business, and that is completely fine. However, for those of you like me that have a burning desire to do business, there is a way to maximize efficiency and keep things running smoothly. The biggest thing that's helped me manage my stress levels over the years, is putting in place great systems

7:21and processes. This is because, from my experience, the most stress comes from when your business is reliant on people. It's easy to get caught up in the thrill of starting a new business, but if you ever thought about what happens when your business grows, and one of your key employees suddenly leaves. That's where having systems and processes in place comes in. Think of it like a big manual to your business that anyone can follow, even if they're not familiar with your specific company. It's important to start thinking about this early on, because as your business grows, it will become harder and harder to keep track of everything. This also has the added benefit of making the business far more attractive to potential buyers in the future, as they know that they have a full guide of how to operate that business and get a return on their investment. So think ahead, maximize efficiency and get your systems and processes in place before it's too late. Step 5. Become a wolf. If you want to become successful, then you need to build some kind of team.

8:22If you think you can do it all alone, then you're solely mistaken. You need a pack. Now, I want you to imagine you have an extremely successful business, but you're running it all by yourself. You're making great money, but it's coming at the cost of your relationships and experiences. So you decide it's time to hire your first employee. I know this might seem like a million miles away at the moment, but stick with me. Just imagine all the little tasks you could take off your plate and give to someone else to take care of. Just a thought of that seems pretty exciting, but at the same time, it comes with a lot of challenges and potential mistakes. I remember hiring my first employee to serve customers in my shop. It was such a relief to have someone there to help me. If I asked you to describe exactly what kind of employer you would want in the future, then you'd probably outline someone that is very similar to yourself, but this is the completely wrong way of looking at it. The truth is, you're never going to find someone exactly like you because if they were, they'd be running a competing business. The key is to hire people

9:27who are better than you in different areas. This way, they don't just do what you would do, they actually level up your business by doing it better. So pick the members of your wolf packs strategically and share your success with them along the way. Look, starting a business is not for everyone, but quitting my job and starting a business was the best thing I ever did. So as long as you're confident and you can handle the challenges ahead of you, then my advice would be go for it. If you want to know what I would do if I started again from scratch, then I'm going to leave this video right up here, but don't click on it just yet. Make sure to subscribe if you want to grow your wealth. Okay, I'll see you over.