so you want to become a millionaire so you watch all of the Tony Robbins seminars you watch all these motivational videos I mean hey you even think that your Tick Tock is a great place to get financial education well listen up in today's video I'm going to share seven personal money tips that I would give to you after seven years of running a business and making tens of millions of dollars and most importantly I'm gonna share stuff that you probably won't find anywhere else because I'm not going to tell you oh don't buy Starbucks because you know Heavens forbid you spend four dollars on a coffee because you can make it for 30 cents at home I'm not gonna give you any stupid scarcity based advice that's built specifically for people that have no self-belief no beliefs that they can actually go on and accomplish anything in life no I'm gonna give you seven practical things that you can and should Implement from today so the first step if you want to become a millionaire is stop drinking now I actually have a funny story about my first ever tattoo it says my cup run is over now my cup Runners over means I have more than I need I'm abundant but it always used to serve a fun double purpose because I'm first few years of starting my business I was not drinking now whenever someone tried to get me to drink or try to encourage me to drink of course I politely declined and if it kept going I used to joke with people that didn't know me I went listen I'm a recovering alcoholic I can't drink and of course because I was young they're like you're lying you're joking and I used to show them this tattoo and I used to say I have this tattoo that says my cup run us over because you know my cup was always overflowing with alcohol and it was funny because at that point they would always get super apologetic so anyways the reason I tell you the story is just because it brings back memories of the first couple years of my business when I hadn't made a million dollars yet I hadn't made a million dollars after tax I wasn't a millionaire and in that time I did not drink for two reasons first of all think about how much money you have wasted how much money you have spent on useless drinks at the bar shots so not only from a financial perspective and you know I told you earlier in this video I think it is absolutely ridiculous people are so dumb to think oh you know how I'm gonna become a millionaire I'm gonna save all my four dollar coffee it's honestly some of the stupidest I've ever heard and I guarantee you any really really really high level successful person will never give you advice like that whereas for alcohol I would say don't spend money on it if you are trying to become the person that you want to become because listen that's four dollars compared to forty dollars eighty dollars a hundred hundred fifty dollars you know let's say you're having a fun night you buy five cocktails for yourself fifteen dollars a pop great 75 let's say you cover it for your friend you get a little drunk you go get a little woozy and you're like you know what I'll get this one great you just wasted a hundred and fifty dollars on alcohol and don't forget you would have had to earn something closer to depends on where you live 200 to 250 in order to actually make that money because the rest goes to tax so not only have you spent all of this money on alcohol you have then woken up with less capacity to think clearly and less capacity to actually make money and make your way to that millionaire status Now ladies and gentlemen me at the stage that I'm at I have a long track record in business I have the most incredible team between all my companies I have over 150 employees so luckily if I want to have a drink here and there it doesn't really change my life and it doesn't really affect things when you get to a certain position in life that doesn't mean that you should ever slow down you still need to put your foot on the gas but what it does mean is that you can do things slightly differently so if you are serious about becoming a millionaire this year quit drinking the best tip to become a millionaire is learn a high income skill and this is why I keep beating on about that example of the four dollar coffee because listen people who are hell-bent on the whole saving thing for sure I respect it I just personally believe that I don't want to live a life of scarcity I don't want to live a life where I don't have faith in my abilities to make more money I think if you're watching this video you should understand the goal is to make as much money as humanly possible and by the way that doesn't mean you need to be an entrepreneur that doesn't mean you need to be a business owner if you join the right organization not some old Corporation some stale company that's 50 years old and all they care about is just doing things in a safe predictable way I mean if you join a real good company for example there's people in my company who make hundreds of thousands of dollars almost nearly a million dollars a year because they provide even far more value than that to the company and the way that you do that is by learning a high income skill so whether that be sales whether that be copywriting whether that be content creation whether that be and it sounds really funny but I can tell you as I said having 150 plus employees and there's one special a person that comes to mind if you are a wizard at Google Sheets and you can put together a very good analytics tracking that is a high income skill and that's something that is very valuable to most companies so if you're a little confused on which high income skill is the best in this day and age and which business model is the best one to start this year well then I'm going to leave a link in the description to my most popular YouTube video I break down the eight or nine best business models and try to use an equation and math to come to the conclusion of which one makes the most sense for you to start I use a formula and an equation to get to the bottom of which business model makes the most sense for you to start this year so I'll go ahead and leave that link in the description check it out once you finish this video but I feel like I made my point very clear which is no matter what you do whether you're an entrepreneur a solopreneur you own multiple big businesses with lots of employees like me or you work in a company and you see a clear path to making a lot more money and you want to provide value to that company which is why you are dedicated to learning High income and high impact skills whatever it is just understand that it is far easier to get to millionaire status by increasing your earning potential rather than being scarcity-minded and just thinking oh I'm Gonna Save my way over the next 17 years I'm just gonna save my way to a millionaire is that really an inspiring life to you now the next way to become a millionaire is have a specific amount each week that you put in a separate account to invest now it's funny in my position I've seen so many people make millions and millions and millions of dollars tens of millions of dollars in fact I even know people who have made hundreds of millions of dollars and still lost it all so it doesn't matter if you can become a millionaire if you can't even State a millionaire and investing although it is slightly tedious it is slightly boring will help you get to that millionaire Milestone even quicker and this is something that I even apply to this day my CFO takes a hundred grand in profits in dividends moves that money to one of my Banks siphons it off to a specific account and in that account I specifically have cash reserves tucked away for Investments now listen of course I have worked extremely hard over the years to get to a point where I'm putting away a hundred grand a week minimum just for my investments but it wasn't almost like that I start off with five dollars a week I remember I was 16 years old when I first read Tony Robbins money Master of the game and the second I read it I created a separate bank account this is like literally right as my business was first starting so I had my main account and then I had my investment account and every week for my main account I would just send five pounds over to my investment account because I knew that if I didn't get in the habit of putting away five pounds a week I would never get in the habit of you know years and decades later you're putting away hundreds of thousands of dollars a week into Investments so it's just about getting the Habit down listen in the same way if you want to run a marathon you're not going to lace up and run 42 kilometers no you're gonna start off late you're gonna start off easy and eventually Your Capacity will grow in the same way your capacity to run grows so too does Your Capacity to earn income and then go ahead and invest that now the next money tip for you to become a millionaire is to have coffee in affluent places go and have a coffee in an expensive hotel or a very fancy cafe in a super nice area because listen your Starbucks is gonna cost four dollars and it's not gonna be very inspiring that's for sure whereas you might go to a super expensive hotel you know for example here in Dubai where I'm based or in London where I used to live there's all of these nice hotels you don't need to stay at the hotels you don't need to spend two thousand dollars a night on a room you simply go to the lobby and you have a coffee and the coffee might cost you eight dollars or ten dollars compared to four dollars but you're gonna see you're gonna look around you're gonna see money around you you're gonna see what do wealthy people really wear not Gucci and Balenciaga and all this and that I mean like really like properly wealthy people you're gonna start to realize they're really wealthy people they wear stuff like this Laura Piana zenya Brunello Tom Ford these sort of Brands they want to blend in they don't want big logos and this and they don't want to scream so just simply through osmosis you're gonna start to get a feeling you're gonna start to get an understanding for how do these people move how do they carry themselves you know the funny thing is you're going to find it in a lot of good establishments or at least I found personally people are far more respectful to the waiters there's a lot more please thank you how was your day I've personally found out to be true even though there's a stigma around rich people and wealthy people that they're snobs or you know they're very disrespectful to staff and whatnot I've personally never found that I've personally found a better establishment the more polite people are the more thank you you're welcome you know a very interesting thing you know here in Dubai or London or New York you might go to some very nice cigar lounges and as I said you can go to Cigar Lounge and you can sit there and you can literally just order a coffee you don't need to smoke a cigar and listen in it's very interesting even just hear how wealthy people order they order in a different way there's a conviction they have a different tonality in the way that they order they even have a different pace the pacing of what they're saying is different than if you just go to some regular normal establishment now the next money tip for you to become a millionaire is pay off your credit card bills as soon as humanly possible you need to understand that credit card debt is one of the ways that they enslave you it is one of the ways that they get you stuck in a Perpetual Loop you know you need to understand that if you get into credit card debt soon enough you're gonna be spending more money on the interest and the debt than the actual amount that you owe so before you listen to any of these other tips you know before you go and spend eight dollars on a coffee because you know you're gonna have the experience of operating and whilst around you and all this stuff if you have credit card debt clear that that should be your number one Focus you know credit cards can be an exceptional asset to use especially in a lot of Western countries and especially if you're based in the US but you need to understand how to use it responsibly how to get the benefits of it because by the way how do you think all these credit card companies make money when you have all of these signing bonuses and you're for example with American Express you rack up all these Amex points and you can use these Amex points for benefits and upgrades and this like who do you think is paying for that you need to understand that the people who are financially irresponsible and don't know how to use credit cards and make the credit card companies so much money by all the interests they're paying these people are subsidizing people like me and hopefully you if you know how to use credit cards responsibly they get to reap all of these rewards and all these benefits and we're just sat here questioning and asking ourselves why are we getting all these benefits and we basically don't even need to spend any extra money well that's because all of these people were irresponsible so please if you have any credit card debt whatsoever pay it off ASAP the next money tip in order to become millionaire is invest in self-education now listen I don't care if it's a book I don't care if it's a seminar if it's an online program whatever it is the way that I look at it is let's say you spend a hundred dollars let's say you spend a thousand dollars let's say you spend even ten thousand dollars do you believe that if you even learned one thing from it Your Capacity and your ability to earn income over the space the next year three years five years ten years 30 years will increase because of it let's say you want to learn one very specific skill that could help your career or your job and there's an online course and it's 150 do you think that that 150 let's break it up over the space to the next one year do you think that that 13 or whatever it is monthly for the space the next year would help you make more than 13 a month or increase your chances of getting a five percent ten percent thirty percent pay increase once again if you're at the right company do you think that a little 150 course is it by the way you saved money on because you didn't go out drinking that month you committed that you're gonna become a person of value you're gonna become a person who can earn more money because they bring more value to the market whether that be through a business solopreneur through a career whatever it it is you choose sit there and ask yourself do you back yourself because I believe when it comes to investing in yourself and investing in education the simple fact of the matter is do you believe that you are the certain person that could get this information and make more money from it I believe that the decision to invest in your education has far more to do with do you believe in yourself than do you believe in the product the program the book The Event the seminar whatever it is I think investing in self-education really comes down to you versus you do you back yourself do you believe in yourself now the last and final tip to become a millionaire is increase the percentages that you invest so listen if you are getting by paycheck to paycheck I don't want you to invest 50 of everything you make But as time goes on I want you to increase the percentage of your income that you invest I believe that especially in your early 20s you should be investing 70 of everything you make as you get into your mid-20s I believe 60 as you get into your late 20s 50 of everything you make because listen I believe in enjoying life but I also believe in being responsible and setting yourself up for the future that's been My Philosophy I don't want to be one of these people that has made egregious amounts of money and lost it all but I also don't want to be one of these Penny Pinchers that makes all of this money and still lives like Frugal and I personally just find it very off-putting you know these people do things so small you know have to hoard all this money I can't spend any of it how could I right so you don't want to be either of these people so once you get to a position where let's say you're making five thousand dollars a month six thousand dollars a month ten thousand dollars a month maybe twenty thirty thousand dollars a month I know these might sound like crazy numbers to you right now but just put that just mentally put that to the side all right I'm not saying you need to make it today but just I know this might seem scary to you I know it might seem impossible but just mentally Park those sort of numbers just understand that if you get to that point where you're earning this sort of income once you start earning it I want you to increase the percentage of your income that you're investing because the true Financial goal is to eventually get to a place where you are living fully off of your dividends you're living fully off your investment and no matter what if you stop making money tomorrow you will always be fine so ladies and gentlemen there are seven money tips to become a millionaire please Implement every single one of these ASAP and understand this is going to be a process that's not going to happen overnight but while saying that there's no such thing as get rich quick there's simply the get rich quicker so focus on increasing the Velocity in which money comes to you as well as the Velocity in which you invest money in order to multiply it but also understand because this is a process this is a journey so just take the first step and on that note I'm gonna be watching I'm going to be rooting for you and I'll see in the next video