11 Skills that Millionaires Master

one of the many things that I firmly, firmly believe that anyone who learns the

skills

of a millionaire can become a millionaire when I say anyone, I literally mean anyone in general: any health disability, things like that, you see, I'm using this t-shirt here that says: enjoy capitalism because capitalism may not be a 100 percent perfect system. I have lived in a socialist environment, I have not lived on vacation and I have lived in a dictatorship environment. I have lived with family members who half of my family were all communists. and an imperialist. I believe in capitalism and many of my followers follow value retention content from around the world. 220 countries that follow this content will know.

I will constantly encourage people to study this system and this model because it works effectively. Now some people don't like that, but it's what I firmly believe in and what you know, when people say, well, you don't understand. I don't come from a rich family with income. I don't come from a rich family. My dad. I worked at a 99 cent store for 15 years my parents divorced my mother had to return to Iran because she ran out of money I'm a welfare kid I joined the military I had a 1.8 GPM the last person in our high school, If you ask any of my high school friends they will tell you that I am the last person anyone would have expected to be successful, but because an event where my father had a heart attack in the hospital I saw him lose 40 pounds, one event made me completely change to this guy and not a temporary change many people change temporarily.

I'll get into my message here. I'm talking about a permanent change. I know many people who will work hard for 90 days and then go back to bad habits. They will work hard for 90 days and then go back to bad habits. Don't have fun for 90 days. I will return to bad habits. They will read books for 90 days and then I talk permanently. change of permanent obsession that will last with you 10 20 30 40 50 years that is what it will take to be able to earn the amount of money that

millionaires

earn the money is out there the money circulates it does not stay in a place place this money that I have right now in my pocket I want you to think about this here this $200 here guess what ask the question how many people do you think this has been touched how many people has this touched how many people has this touched thousands and thousands of hands have touched this and it's with me now I can choose to do what you can with this $200, but it will continue to circulate and eventually the hands will end up getting the most from those who learn the

skills

to attract this, retain it and grow it.

That's what I want to talk about here with you today. A few months ago I made a video titled How to Really Become a Millionaire Entrepreneur. Post it, it became the number one video on the YouTube entrepreneur channel and then, for us, it did very, very well. Well, mind you, if I put a link here at the bottom, it's called how to really become a millionaire, let's put all the pictures up so people can see what it looks like today. I want to talk about the 11 skills that

millionaires

master

, okay, and me. I'm going to be very detailed about this in these areas for you to

master

and then you yourself will have to make a decision on whether you want to let this go and just show a great video route, phenomenal video men, as always, great.

Content for me what I like the most is the type of messages that I like the most is when a guy messages me and says I started watching your videos about a year ago and I followed all the content that you have. I missed only one woman. I've been watching all your videos for a year. I made $7000 this last month. I made ninety-three thousand dollars in one month. I like that. I like it when someone tells me that our company raised $3 million last year this year. track to raise thirteen million dollars those are the messages that I like because they're rolling out and growing so you're going to get the content that's up to you to roll out so let's go to number one and by the way I guess you automatically have to do it. have work ethic.

I'm not even going to put work ethic as a point because it's not a skill set, it's a mindset, but if you don't work, none of these things will affect you in any way possible, maybe a little, but not dramatically, let me Addressing a number one skill set that millionaires generally master is persuasion and let me explain what I mean by persuasion. What I mean is that, to me, they master persuasion on many different fronts, one that they have to persuade. family I am going to become a businessman please support me you have to persuade your wife if you are married your husband if you are married you have to persuade your children parents peers you have to persuade investors you have to persuade a that the employee want to come work with them when they are little have to persuade a group of salespeople to want to come and sell their product they have to persuade people why their product is a special product they have to persuade why their industry is an industry especially about what kind of impact that has had on your life.

You have to learn to persuade people. You have to learn to persuade when you are selling to the customer when your product is not yet at the level you want. you need to learn how to persuade investors why they should invest in your company you need to persuade executives and talent working at established companies why they should even consider working with something like you working with an entrepreneur like you who maybe isn't there yet established maybe isn't there yet, you know you have to learn how to persuade your competitors, persuade your partners, persuade your suppliers, persuade your supplier, persuade your operator, there's a lot of persuasion you have to do because of the way you You also have To learn to persuade yourself you also have to psych yourself up to get into the mode of wanting to go to work every day, especially on those days when you know it's not exciting, you have to persuade yourself.

Persuasion is one of your skills. sets you have to persuade when you learn to negotiate negotiation is a form of persuasion learn to sell if you don't know how to sell say goodbye to entrepreneurship because selling is a form of persuasion negotiating is a form of persuasion speaking from the stage is a form of persuasion, not all They speak the same style, but you already know everything, there is persuasion number one, skills that I present, there is persuasion number two, number two, let me tell you one thing that you know that most millionaires master: reading people, reading people. people and me I'll tell you what I mean by reading people, okay, the reason millionaires who read people usually end up getting good at reading people is because they've been scammed and backstabbed the lie, fooled so many. times there are many. of signs that they see a trend that says this person is like this reminds me of this person you have to learn to read people you have to learn to read a customer you have to learn to read an employee you have to learn to read someone who it's absolutely full of stuff sometimes it amazes me how some people who are quite successful making 100 200 300 thousand dollars a year how easily they fall into the trap of someone who is full of stuff like how can you not read that right sometimes?

You have to learn to read it and at a certain level of paranoia when you're reading people and then also when I say read people, it's not just on the negative side reading people about someone that you really did something wrong and you need to get out and do something about it, you need to read people who need you to make adequate effort to take care of them, you don't make adequate effort, you know, treat them the way they should be treated, that's also reading people, another is when I say that reading people is being able to think about what a client is going to need now, where the client is going to need one year from now, three years from now, five years from now, and reading them, being able to read a person who starts with their company at an early stage and what were they thinking when they were at your level at a new level you are not speaking to them from their level millionaires had to learn to read someone at that level and give them the belief that they need at that level versus someone who You've been around a little longer than you need to be a man or a woman or mature as an entrepreneur and you're not, they're just treating this as a joke with the industry, which is a whole different conversation with that person saying, you're old now. , you've been at this for five, 10, 15 years, what's next, you'll be like this your whole life, so read to find out when, where, who, what, when you eventually get really good at reading people number three.

This is going to sound strange to a lot of people, the first thing I say, but it will make sense to hear it in a minute, it's called sharing the wealth, hang in there, this isn't some silly, cheesy kind of thing. I will explain what I mean by sharing the wealth, the people I have met who have created a lot of wealth. I live in a nice community and you know, I go with the guy across the street, he's a guy who was part of a tech software company, he was one of many. guys who got very rich when this company was bought.

I go with the guy on the other side who lives in a six and a half million dollar house that was built by, you know, 5 10 15 20 different dealerships. Berkshire Hathaway came and down they were not The largest dealership here in the city of Dallas, Texas, they hit rock bottom. He was one of the many people who experienced great wealth and great money. I go and sit with people who were part of startups and hear stories from so many people. Look at Microsoft to see why they continued to grow Apple when it continued to grow when Steve Jobs died most people don't know he only owned 0.6% of Apple stock think about it the CEO the founder only ended up owning six percent cent of the shares now some people said it was because he left, went to the next one and didn't see anything, okay, I still get it. 0.6% Microsoft Bill Gates so many people got rich with Microsoft so many people got rich with Amazon so many people recover from anything at the top wealth at scale has to be created by several people, the Clippers organization is owned by a former Microsoft employee, Seattle is in the Seattle Seahawks and, you know, Paul Allen Trailblazers, it's owned by former Microsoft pockets, so when you go and study this, you'll notice that a lot of people who create their wealth do so from that way.

I remember one time I had a gentleman that I was working with and he was Jewish and he always told me things about why the Jewish community has money and makes money and So I said, you know, a very, very vocal guy, with a great personality, he always had money, he always made money and everyone who touched him also made money with him. I said, so you know what he says, let me tell you the key to the success of the Jewish community. business people I said what did he say when we make money a lot of people make money he says you know what happens when you make money a lot of people make money and then what is that?

Everyone constantly wants to do business with you because why? Every time they do business with you, whoever makes money, a lot of people make money, so there are still people who keep coming and doing business with you now, some of you may say it's not a try to meet this guy, who earned his money and it was all him and all this is fine, he probably won't get it, a lot of people will want to follow him and do business with him from the past, if you generally see no one from the past consistently doing business with a person, it's that person. shows that it's the other people he said when he makes money only he makes money no one else makes money you have to learn to share the wealth where you continually have deals for the rest of your life leverage number four very critical leverage millionaires master leverage they are masters in understanding leverage and I think one of the reasons they understand leverage, the sooner you learn that to do something big you need a team, the sooner you start to scale at a very fast pace, you know especially a lot of the motivated self.

Motivated kids who had high GPAs or did very well in school and have good grades and were always good at doing their homework well and no one does it better than me. I am perfectionist. They usually have the most difficult moments. What is most difficult for them are the kids who didn't have the best grades and who played a little bit of sports. They generally have no difficulties with this. You know why? Because they've always needed help, so it's kind of like that. Now I need help, I still need help, but those of us who normally have an independent league, we are very good at tasks, it is difficult for them to know that they need help.

Leverage is very important, so you must learn to delegate what you delegate? Won't you delegate? How do you manage and study a certain thing that you are delegating to someone to see if they can fully achieve it? Crowdsourcing is one of my favorite questions to ask our staff. It doesn't matter who it is, I love to ask what you think, what you think aboutthis, what do you think about this idea, what do you think about this, what do you think about this, what are your thoughts and I like to ask each different type of personality someone who is very skeptical but very technical and smart someone who is action that I am excited about what you get excited about that someone who's usually in the middle and you don't get much of a reaction I want to see everything because I want to know what they think about it is part of leverage, so leverage is, you know, teamrecruiting sales software technology social media everything marketing branding collaborating everything is leverage how can I leverage to make this go faster leverage number five number five this is a set of skills that master let me tell you recruiting recruiting recruiting recruiting recruiting let me explain how to recruit a medium platform to want to develop yourself recruits talent recruits executive recruits a the best salespeople you recruit people our friends want to do business with you you recruit strong high identity partnerships recruits good friends recruits you know other people who are extremely successful who also want to partner with you recruits that's not to sell them anything it's to sit and talk and learn some from others you recruit a board of directors you recruit an advisory board you recruit the best mentors millionaires are great at recruiting the best mentors investment partners they are amazing at networking they are amazing at connecting they are amazing I do any of those things because by recruiting them they know I'm one step away. executive to scale my business and you double my income and a distance salesperson or a sales leader to incredibly grow my sales volume by fifty one hundred two hundred three hundred percent if I get a strong sales leader if I get a leader who reaches out and you know, so everything for them is about recruiting point number six, this one is also strange, but I will tell you energy management energy management what is energy management I don't drink coffee yet I just spoke on the phone with a major player at AIG who told me he sent a very very nice gift mark thank you for sending that nice gift you send but we were talking about energy and it says you have a newborn are you sleeping?

I said yes, I'm trying to get some sleep and we're waking him up every other time. hours with the baby and says: you still don't drink coffee? I told him: I'm not drinking coffee yet. So you do Red Bull? Do this? How do you not do any of that? I personally don't do any of that. but I have to find a way to manage my energy because without it I can't do anything and anyone who becomes a millionaire, those who don't, usually give up at some point, give up a $100,000 income that they could add. 150 200 300 400 sat down at some point, okay, some people go all the way and then quit when they die, but a lot of people quit after 234 years of going all in, most people don't go for long and keep that part of mine, so energy management is what can I do for you to increase my energy?

I usually get tired after working 8 hours. I don't want to get tired after 8 hours. What I can do? Maybe I'll go ten hours. Maybe I want to work 12 hours so I like to get up and work because this doesn't hold up, my body is standing so every time I do this my body moves and when I sit down now I can take a break and I sit down. energy goes down and then boom I get up again my body movements things are happening so I look for ways to manage your energy to know how long you can last, how you can get little or no sleep.

I know it sounds strange to some people how do you do that? your exercise routine your diet all of that is part of energy management number seven anyone who has been following my content for a while knows that I made a video called the most important thing to teach my year-old children well and it's called what how to process problems millionaires learn how to process problems they learn to solve problems they learn to sit there and say if we need this we have to do this this this this they know how to think of a highlight come out with a one two three steps to do something we need to solve this part let's call that person they call this person they call this person they send an email to that guy call this guy let me call this person and say okay we've got it this is what we have to do with that person willing to do This, that person is not interested, but we have to call them again in the next six months, but this is all just about learning to process problems and, in part, learning to process problems.

I raise it at this point. was going to be separated, but I added that this is within the processing problems where everyone always brings you ideas: we should do this, we should buy this, we should do that, we should do that, they also become very good at saying no to 90% of things. they keep that partial amount, they say no to 90% of things because they are trying to identify what areas are worth spending their time on and not what areas are worth putting their resources into and what not to put their resources into, which is part of processing problems number eight number eight is time management, they learn to manage time and in general you learn to manage time because many times a novice entrepreneur may not even make it because they spend too much time on Facebook news. too much time on a game or they spend too much time on Snapchat, they fall on everyone else, they spend too much time on Instagram or all those other things and they don't spend much time selling selling ahead and initial prospecting and prospecting in networking , networking relationships, they are not, they are not in the right search, so if you don't make it, you will go directly to the cemetery of entrepreneurs who are millions and billions of people buried there who didn't make it, they tried it and they didn't make you manage their Time is when you learn how to make an hour and a half appointment turn into an hour and still be effective how you learn to turn a 30 minute phone call into 10 minutes how you learn to leave a message that is an effective message, but It is not a 6 minute message or a formatted message.

They learn to say a message a little faster. They know which area they don't need to spend time on and they say this. "It's a relationship. I'm not going to put a deadline on this because this is a relationship because sometimes you can also be the complete opposite without caring. I have to leave and then dad, the other person gets offended because they are also busy and you" . being busy is like listen, I'm as busy as you so don't give me that kind of thing that I'm busy, everyone is busy right now so sometimes people who play that card when they're not, it bothers them . people the wrong way who are already looking at different high levels of time management, they get it, but they get very good at the time management side, hours of work a week, you know, it's strange how They still find ways to save their sanity because you have to stay sane to go long term, you don't hear many people who get to the highest levels by taking too many vacations, you generally don't hear that, but they will. make a Saturday boom schedule, go on Sunday and come back on Monday to refuel, use your time here on Sunday to be at a spa or hotel all day and sit back and relax and you'll see them doing that kind of thing for them. revitalize many novice entrepreneurs.

I get two hundred two hundred three hundred four hundred thousand all their income, vacation, vacation, vacation, making sure I do and theirs, or how come they don't explode in scale because they're more concerned about the vacation than doing the work so that's part of it too. from the mentality of nine millionaires how to manage money they have to learn how to manage money because everything for you is risking everything if you have these types of resources and they are running out What can you do to keep the number increasing so that the income increase? Your savings.

You have everything in order. Accounting. I mean, buy something you can't afford or can't afford. I remember when we started a company. PHP Agency I told my wife, I told her for five years I won't buy a house and she said, honey, we can afford to buy a house. I told him, I'm telling you, I'm not buying the house for five years, honey, it's only $300,000. down payment maybe I won't buy a house in five years and I made it very clear so she knew I don't even want to talk about buying a house because everything that came in went back into the business, everything we rented for the first five years of my existence and we could afford to buy a house, but we rented it, rented it, rented it, rented it and then bought a house, so it's a different story.

Because? Because you could do so much more with that $300,000. in business, then you could with a $300,000 down payment on the house or a $600,000 down payment on the house, why would you want to do that? I do not want to do that. I want to stretch the money and make those six hundred and six million dollars, why? Would I like to link that money to something automatically right now? I don't need to do it, so risk saving so I can risk more. One of the things they're known for about Apple is that they're much more about cash and the reason why they've always been known as cheapskates or all those criticisms that people made of Apple is they have cash to make decisions.

Google has cash to make decisions. How much cash do companies have to make decisions? and when you have cash. you want to buy something, you can do it, so cash is a very, very important part of a manager's money, so number nine is how to manage money and number ten is how to be aggressively patient. This is a little strange because how do you become aggressive? Patient one, it is very aggressive and assertive of you about what you can do to grow, but psychologically you are patient to know that everything is going to be okay because listen, I am telling you the reason why I believe that anyone and everyone could become millionaires, anyone and everyone could become a millionaire because there is a formula to it and some of the people who hate when I say that is because they tried and quit too early or they don't want to work as hard so it bothers them because they would rather you have an outlet to say it's not true you have to be smart you have to be from a rich family I'm not smart I'm not from a rich family I learn I read 11 12 books because I was just feeding my mind constantly It's not nice, I don't come from a type intellectually rich or very intelligent, I come from simple and hard-working families, where I come from, but you will have to learn a part that it is just about work, work, work, work, work, work, be patient. patient patient I know it's coming I know it's coming I know it's coming I know it's coming I know it's coming working working working working working and the reason why patients would come to say whatever product you sell so let's say it's real estate if I know all week I plant 100 new seeds, whether it's to a loan officer that I can build a relationship with so that he uses me as a real estate agent, whether it's to hardcore accountants who are working in a market and I want to be referred to as a real estate agent to your client whether it's a community of everyone who buys and sells houses every week I add hundreds of people to my scene I'm planting 100 seeds in 2 weeks that means I have how many how many seats 200 seats 3 300 seats 400 500 600 700 800 9 I know that something is about to happen.

I know I'm about to get a call and say, "Hi Patrick, it's John. I called you and we met you about three months ago and you were a real estate agent. We have your car. Look, we're thinking about selling our car." home and we would like to meet with you, we really like your approach, are you available for us to meet later today? Sure, great because I'm doing this. I am guaranteed to receive this. I know for a fact that this is going to happen. What happens to most people? The reason they don't understand this is like there are these three guys.

If they buy my house, I'm going to be a millionaire. There are only two people. If they do business with me, they're just waiting for those two, three people. don't go to work seed seed seed seed seed seed seed bomb comment patient arrives and suddenly when this when the floodgates open let me tell you the band better be ready when the floodgates open then it's like you're saying I can't get together today, but this is what I could do. I can send one of my associates to meet with you and you can come to my office tomorrow.

Now you won't go now that people are coming. to you because it demands a lot from you, everyone wants to work with you, you have credibility, that's what I mean by aggressively patient and the last thing I will do to you, the last thing I will do to you here are those skills that these millionaires Master one of the skill sets that they master is a learning experience. This type of direct vision. Master learning. Yes. They are constantly focused on improving. They are constantly focusedin improving. How can I improve on this? How can I be better than that?

How I can? I become better at this How can I make the company matter? How can I improve customer service? How can I improve the product? How can I improve my level of communication skills? How can I improve this level? How can I get everything dealt with? Improving everything today, how can we beat our previous best record? What's the most we've done here? 68, let's do 72 this month. What's the most we've done here? We have 102. Let's try to break that number. What was the most you've ever done? was the biggest reason you did intimacy what's the biggest date you went on in a week what's it all is let's get over that get over that get over that get over that because it's always constantly about getting better and then all of a sudden every department is getting better. and getting better, every department is getting better and better, so they are learning, it's all about self-education, they have a big dinner mentality, let me explain to you sometimes, when you see people who are made.money and are extremely cocky they don't have the mentality anymore. as a beginner they have already surpassed what they thought they were going to make money so the beginner mentality is someone who is so curious how do I do this how can I improve this what What do I do with this?

How do I do that? How do I get this? What do I do with that? What it's all about: learning learning learning learning learning that's all they want to learn Lorne Lorne is what they're doing right it's all about bringing out their best who I work well with who I don't work well with what I need to improve I need to change This weakness is part of my attitude that does not work with this type of people that I need to get better at working with women, men or couples. I need to work better with people who are twice or half my age.

I need to learn how to work better in that area, so that's 11 skill sets. 11 Skill Sets Millionaires Master and My Challenge. For you, if there's any area here that you want to say, man, I want to get better at that too, find out what you need to do by being resourceful and figuring out how I can get better at this area and over time, you'll get better at those skills too, but this will require effort. This is not a single video. It's going to change everything for you. I'm so excited I'm leaving, man, there's no action plan to make them better. areas rate yourself in these 11 areas good at this I'm terrible at this I don't even know what this is I have to get better at this Who is good at this?

Let me reach out to this person and get better at it, so that's my plan. of action for you that I would like to see you put together to get the types of results that you want to get, but those are the 11 skill sets of a millionaire that millionaires master Paul, throw my favorite pillow at me, real quick, gang, let me. I'm telling you, I've been doing this for the last two weeks. Our goal is to reach one hundred thousand subscribers on YouTube by August 31. I'm getting so many great messages from people posting our stuff on Instagram, Twitter, you know, commenting.

YouTube and invite other peers and send it in your newsletter and all these other things that are very helpful and some of you that are going above and beyond, you know who you are, send messages, thank you, thank you for doing that, but we want to get 200,000 subscribers, we think we can go against any other YouTube channel when it comes to entrepreneurship, so if you haven't subscribed yet, please do so. If you have friends who follow you, help them, encourage them and subscribe. On this channel, I'm launching something very, very massive in August and our goal is to reach a hundred thousand by the time we launch that project.

That being said, if you saw this video on a completely different website, you can always come back. Patrick be david.com boom and if you have any questions or comments please comment at the bottom thanks for watching everyone take care bye.