Summary
Invest in developing high leverage skills like sales, networking, and building relationships rather than focusing on lifestyle expenditures. Sales skills are essential for communicating value effectively and persuading customers to buy from you. Building strong relationships can aid in recovering from losses faster. Successful billionaires invest in people and have a clear vision to achieve success. Be long-term greedy, make decisions others aren't making, diversify, and take calculated risks to stand out.
Invest in Your Skill Set
Rule number one is to invest in your skill set, not your lifestyle. Learn high leverage skills like sales, networking, and building relationships to set yourself up for success.
Sales Skills
Sales skills are crucial for success. Learn how to persuade others to give you money by communicating value effectively. Master the skill of convincing customers to buy from you.
Networking and Building Relationships
Networking and building relationships are essential. Shift your focus from rudeness to providing value to others to grow and succeed. Building strong relationships can help you recover three times faster from losses.
Developing People
Focus on developing your people rather than just building processes. Successful billionaires invest in their people to see the world differently and grow.
Vision and Clarity
Vision with clarity is key to success. Have a clear vision, know how to achieve it, and stay true to these principles. Sales, networking, and developing yourself are vital for success.
Going Against the Herd
Be long-term greedy and go against the herd. Make decisions that others aren't making, like investing when others are fearful. Diversification and taking calculated risks are crucial.
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