The London BILLIONAIRE 🤯 I interviewed a business mogul in London and I asked him how he got RICH. He gave me the blueprint to becoming wealthy in today’s world. I asked him if it’s better to be a business owner or an investor and how to sell a company. Since he’s 85 years old, I asked him if he has any regrets and the best advice he’d give to the younger generation. #wealth #entrepreneur #financialfreedom #motivation
@theschoolofhardknocksTranscript
Excuse me, sir, sir. I have a question for you. How did you get rich, sir? I grew a channel to 20 million followers in the United States. Can I being told? Yes, sir. Okay, my one piece of advice is this. You don't get rich by working for someone else. You don't get rich by being paid a salary. You don't get rich by starting your own business. You slave your guts out night and day meeting cash flow crises. You get rich by selling your business. So my advice to someone who wants to get rich start a business. Build it up for a couple of years and then sell it. What type of company did you sell? Real quick, sir. How are you happy with what I said? It's a great answer, but, sir, I promise you it's not enough for a clip. No more, sir. You're not going to get more out there. You founded the atmosphere institute. You rejected us yesterday, but look who we just saw. How are you doing, sir? I don't know who you are. I looked you up. How are you today? I'm in my 86th year. You're 86 years old? I will be this year, here. Is it better to be a business owner or an investor in today's world? Oh, it's better to be a business man. Why? Investors, you take your chances. As a business man, you'll depend on your own abilities, your own skills, your own expertise. Yesterday, you told me that the way to get rich in today's world is to sell a company. What do people need to understand when they want to build a company to sell it? Join a firm, learn the trade, and then with a colleague or two, set up your own version. Build it up over a few years. I mean, two or three years. And then you sell it for a multiple of them, and you become rich. I bet you've read a lot of books before. What's the number one book? Anybody needs to read before they die. Before they get rich, they need to read "Vandom Smith's Wealth of Nations" You're 86 today. Can you have any regrets? Oh, everyone has regrets, of course. Regrets? I've had a few, but then again to a few to mention. That's a very extraordinary thing. If me and you died tomorrow and you had one more message to leave with the younger generation, what would that be? My motto, in Latin, "Fod Tango Muto" in English, it means that which I touch, I change. If you can change the world, change the lives of other people for the better. You'll get rich.
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