Millionaire Kids Most HATED Advice (from Parents)

After 40 years of interviews with self-made millionaires, there’s one piece of advice rich these people give their kids that they HATE to hear. In my book, Secrets Self-Made Millionaires Teach Their Kids, I dedicate Chapter 159 to this sage, yet loathed piece of wisdom. Teenage boys hate it the most, but later in life, when they become wealthy and powerful, they tend to appreciate it more than anything their parents ever taught them. If you’re raising kids that are destined for uncommon success, watch this video and share this age-old lesson with them. It could mean the difference between success

Did You Get What You Wanted?

Did you get what you expected out of life? Are you happy with the goals and dreams you’ve achieved? If you had to do it over again, what would you do differently? On a scale of 1-7, 7 being most satisfied, how satisfied are you with your life? Self-exploration is not about judgment, it’s about taking stock of your life. In this video, I pose some simple questions for your consideration. #personaldevelopment #mentaltoughness #criticalthinking

My Favorite Billionaire Mentor

After 40 years of interviewing self-made millionaires and billionaires, I have a few favorites. Many of the flashy ones were ego-maniacs, but the majority were down-to-earth, genuine people who were easy to talk to and learn from. You’ve probably never heard of the billionaire I discuss on this video, but he changed a lot of lives for the better, including my own. And luckily, he wrote a book that details the system he used to build his empire. This book is old and out print, but if you’re an entreprenuer, do whatever it takes to purchase a used copy. It’s a

Winning the Argument vs. Having the Argument

In civilized discourse, we make the distinction between winning the argument vs. having the argument. In 2001, President George W. Bush appointed me to the National Charity Awards Committee, alongside Hollywood legends Merv Griffin, Cheryl Ladd, and Pat Boone. We took the story to the press and were criticized for seemingly promoting the President’s agenda.. Same thing happended with President Obama, and now it’s Trump and Biden. If ‘winning the argument’ is the goal, civilized discourse is compromised. The goal should be ‘having the argument’ where both sides learn for the purpose of cultivating a superior solution. Watch this short video

Billionaires Advice After Losing My Fortune

There’s an old saying among the rich: “it’s easier to live without money if you’ve never had it.” I think that’s true. Financial independence makes for a cushy, comfortable life, and it’s not easy to re-enter the rat race. No matter, that’s what I was forced to do many years ago after earning a small fortune, and I was disheartened and disappointed in myself. After all, I had interviewed hundreds of the world’s wealthiest self-made millionaires and billionaires, and I was the beneficiary of their collective financial wisdom. I employed it and it worked, but after a couple of poor judgement

Key Lesson Self-Made Millionaires Teach Their Kids

After decades of interviewing over 1,300 of the world’s wealthiest people, I wrote a book called Secrets Self-Made Millionaires Teach Their Kids, which became an overnight best-seller after landing on the cover of Money Magazine. The lesson in this video is from Chapter 4, and it’s one of the most important life lessons you can ever teach your children. #personaldevelopment#mentaltoughness

What Does Success Mean to You?

As a couple working together in business, what does success mean to you? How do you define success as a couple? It’s critical that you’re both on the same page and you’re moving toward the same goals and dreams. This sounds easier than it actually is. In this episode of the Success, Money Marriage podcast, young Dawn and I dissect this important subject. #couplesinbusiness #personaldevelopment #marriage #success

Secrets Self-Made Millionaires Teach Their Kids about Work

After interviewing over 1,300 self-made millionaires since 1984, I wrote a book called Secrets Self-Made Millionaires Teach Their Kids. This book dissects the strategies, philosophies, and the psychology around everything related to earning, investing, saving, growing and protecting wealth. The book made the cover of Money Magazine the week it was published, and since then it’s been featured on ABC News, CNN, NBC News, Forbes Magazine CBS Morning News and dozens of other media outlets around the world. Study this book with your kids (10 & up) and be sure to download the free workbook listed in the book. These are

Jack Welch on Mentally Tough Leadership

Years ago I was speaking at a coporate convention at Caesers Palace in Las Vegas with the late, great Jack Welch, former CEO of General Electric. I was in the process of doing turnarounds for Johnson & Johnson with our mental toughness process, and I asked him for advice while we were backstage in the green room. After all, in those days Welch was regarded by many on Wall Street as the greatest turnaround specialist in corporate America. In this video, I share the simple, yet powerful advice he gave that I used over the next 20+ years. #mentaltoughness #personaldevelopment #jackwelch